Laserfiche WebLink
CITY COUNCIL FINANCE COMMITTEE <br />July 21, 2009 <br />9:00 a.m. -10:30 a.m. <br />San Leandro City Hall <br />835 East 14th Street <br />San Leandro, California <br />(Sister Cities Gallery) <br />HIGHLIGHTS <br />Committee Members: Mayor Santos, Councilmember Prola <br />City Staff Present: Interim Assistant City Manager Diaz, Interim Finance Director Carter, <br />Community Development Director Sims, Human Resources Director <br />Caire, Public Works Director Bakaldin, Recreation and Human Services <br />Director Knudtson, Deputy Finance Director Rodriguez, Budget & <br />Compliance Manager Perini, Business Development Manager, <br />Administrative Assistant III Perez <br />Public Present: Amy Sylvestri <br />The meeting was called to order at 9:04 a.m. <br />1. Review of Financial Situation <br />Interim Finance Director Carter provided an overview of the City's current financial situation <br />and how the City looks to stand in-lieu of the State's proposed take-aways. Carter reported that <br />both Sales and Property Taxes are down $600,000 and $455,000 respectively, therefore <br />increasing the City's shortfall from $2.9 million to $3.9 million. Also reported was the State's <br />decision to take up to 75% of Gas Tax Revenue from the City of San Leandro. Public Works <br />Director Bakaldin provided information on the impact the take-away would have on the Streets <br />Division, including inability to fill potholes. Carter stated that staff is currently working on a <br />five-year forecast that will be utilized as a tool to staff and Council to provide timely <br />recommendations. Human Resource Director Caire updated the Committee of the number of <br />eligible employees that have accepted the "Golden Handshake"; which appears to be 14-16 <br />people. Caire also informed the Committee of the increase to Ca1PERS rates for both <br />Miscellaneous and Safety Personnel. The highest rate will be Safety. Currently the City has 93 <br />"Safety" personnel paying into the system and 250 retirees being paid out. Mayor Santos <br />recommended meeting with all employee associations to discuss the budget and stated that due to <br />the economic downturn, the potential to cut or freeze programs must be considered. Mayor <br />Santos also expressed his desire to implement the Charter provision to increase Property Taxes <br />for Library and Public Safety. <br />The Finance Committee stated they would Iike to meet in early September to continue to discuss <br />the budget. <br />