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Finance Highlights 2012 0406
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Finance Highlights 2012 0406
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5/1/2012 3:35:49 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
4/6/2012
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_CC Agenda 2012 0507 CS+RG
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\City Clerk\City Council\Agenda Packets\2012\Packet 2012 0507
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File Number: 12 -217 <br />Budget discussion is related to items that were unfinished from the City Council Work Session <br />of March 26, 2012. The City Council will determine whether and how to spend the available <br />one -time funds of $1.5 million. The available funds come from $500,000 from Kaiser; <br />$900,000 from completed capital projects; $600,000 Property Tax revenue; and $400,000 <br />from other revenue sources. Mr. Zapata stated that staff will be awaiting direction from City <br />Council on how the $1.5 million will be spent. Finance Director O'Leary provided a summary <br />table on the questions brought forth from the March 26, 2012, City Council Work Session. <br />Mr. O'Leary also spoke to the Finance Committee, and provided a budget spreadsheet, <br />regarding the Shoreline Fund. The Shoreline Fund has an obligation to pay for Golf Course <br />improvements in the amount of $337,000. Mr. O'Leary explained when the City fulfills the <br />obligation; the Shoreline Fund will be in a deficit. Therefore, staff will be developing the <br />budget for the Shoreline Fund by changing the debt service payment to an interest only <br />payment. This will not adversely impact revenue. <br />2. Follow -Up Discussion Regarding Composition and Appointment Recommendation <br />Process for Citizen Oversight Committee Related to Measure Z <br />Mr. O'Leary acknowledged that the current Finance Committee was appointed after the March <br />2, 2012 Finance Committee meeting and therefore provided a brief summary on how the <br />Citizen Oversight Committee composition was established and sought direction on how to <br />proceed with the application process. Both Councilmember Prola and Councilmember Cutter <br />indicated that it should be an open process and the application should be a simple form. <br />Outreach should include an ad in the local paper as well as the City's website. <br />Councilmember Prola also stated that he would like to see at least two members be from the <br />neighborhood and not associated with any business. Councilmember Prola would also like to <br />see businesses from West San Leandro participate. <br />3. Discussion Regarding Proposed Ordinances Amending Municipal Code Related to <br />Annual Adjustments to Business License Fees, Emergency Communication System <br />Access Tax, and Emergency Medical Services Tax <br />Mr. O'Leary provided the Finance Committee with schedules related to the Business License, <br />Emergency Communication System Access, and Emergency Medical Services Taxes and <br />acknowledged that the increase to the taxes is based on the Bay Area Consumer Price Index <br />of 2.6% as allowed per the respective ordinances, to be effective July 1, 2012. <br />4. Discussion Regarding Proposed Resolution Adjusting City Fees and Charges for <br />Services Provided by City Departments (Master Fee Schedule, 2012 -13) <br />Budget and Compliance Manager Perini presented the proposed increases to the City Fees <br />and Charges for Services by individual departments. Mrs. Perini reported that the increases <br />would generate additional $42,000 revenue to the General Fund and $388,000 in additional <br />Enterprise Fund revenue. In most cases, increases are based on the Bay Area Consumer <br />Price Index of 2.6% as well as comparison surveys of surrounding cities. Fees do not exceed <br />the cost for providing the services. <br />City of San Leandro Page 2 Printed on 51112012 <br />
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