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November 2, 2021Finance Committee Minutes strategy. This strategy would help the City to reduce the risks of volatility/market downturn. She also advised the Committee that the City’s Other Post-Employment Benefits Plan (OPEB) achieved a healthy funding ratio. No public comments. Council Member comments: Council Member Lopez inquired about the investment returns for the OPEB Trust and Pension Trust. She also requested that in the future, to have the information presented with some relativity and comparable data to ensure that a clear understanding is achieved. Council Member Bellew asked if the City Council or Finance Committee ever established a goal-range for the funded status of OPEB, and it would beneficial to set a goal. Mayor Cutter stated the goal could be at 90% with the possibility of the remaining funds to be invested in other trusts. Mayor Cutter would like an OPEB Actuary to possible be invited to a future meeting to present and establish a goal-range for the investment. Council Member Lopez and City Manager Robustelli agreed with establishing a goal for the trust, noting that when the trust is fully funded, other funds can be applied to other areas of need within the City. Staff advised the Committee that the City will engage an actuary for an analysis and present the information to the Committee at a future meeting. 21-626 Staff Report for an Update on the Implementation of Budget Task Force Recommendations List of Budget Task Force Recommendations Update Regarding Budget Task Force Recommendation Implementation Status Attachments: Director Hsieh provided a status update regarding the implementations of the Budget Task Force recommendations. In March 2021, the Budget Task Force presented their top 11 recommendations to the City Council. Some of the recommendations that were presented followed the City Council's priorities and were funded or partially funded as part of the 2021-2023 budget adoption. There are some recommendations that will require more research and analysis to determine the appropriate changes and structure. Per the Budget Task Force's recommendations, The City will work with the San Leandro Improvement Association (SLIA) to hire Safety Ambassadors who will interact with Downtown residents and businesses before issues get to the police. Implementation of the Ambassador program will take place December 1, 2021. Regarding having a Grant Consultant for the City, a contract has been entered with Townsend to assist with Grant writing and funding advocacy. For Mental Health Services, The City will establish a mental health program in partnership with the Alameda County Fire Department and contracted nurse practitioners. Staff will work to change the 911 system to support the needs of this program. Implementation is expected to be completed within six months to one year. Page 2City of San Leandro