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- ..,Attachment 3 <br />SUMMARY OF 8/22/00 MEETING <br />CITIZENS BUDGET REVIEW COMMITTEE <br />Attendance <br />Members (33): Aborashed, Allphin, Cardoza, Chan, Christiansen, F. Collins, Cuellas, Dineen, <br />Dorn, Eliason, Fels, Finberg, Fitzpatrick, Hague, Hitchcock, Houston, <br />Kleinstein, Leigh, Madrigal, Mahoney, Nahm, Padilla -Johnson, Padro, Pon, <br />Reed, Reicker, Santos, Skaar, Stephens, Sullivan, Tannam, Tierney, Watson <br />Public (2): (based on sign -in sheet only) Kim Brockman, Trina Nahm <br />Absent (24): Barry, R. Collins, Diaz, DiGregorio, Ehrenberg, Fong, Garcia, Gregory, Jue, <br />Kleebauer, Kline, Knox, Mellen, Moniz, Polvorosa, Rice, Rudisill, Serrano, <br />Sidari, Spaulding, Valera, Weinberger, Werfal, Williams <br />Staff members from various City departments also were present at the meeting. <br />Councilmembers Glaze, Galvan, and Grant also attended. <br />Overview of Meeting <br />Lou Hexter welcomed the Committee Members and explained the evening's Agenda. <br />Vice Mayor Glaze explained the charge of the Committee and provided the context for their <br />work. <br />City Manager John Jermanis provided a history of the City's budget over the past decade, and <br />the various changes in revenues, expenditures, service levels, and budget strategies during this <br />time. <br />Finance Director Tim Hansen provided an overview of the City's current budget structure, <br />revenue sources, expenditure categories, and the extent of the cuts in the event the real property <br />transfer tax is repealed. <br />A number of questions or requests for clarification were raised by Committee members during <br />the Jermanis/Hansen presentation. These related to: <br />- Elaborating on the various revenue sources that make up the General Fund, particularly <br />intergovernmental funds and interdepartmental charges <br />- Explaining the, limitations which prevent the City from transferring enterprise fund <br />revenues and other restricted revenues to the General Fund <br />- Describing the effects of home improvements (and higher sales prices) on the City's total <br />assessed valuation, and hence its property tax revenues <br />- The feasibility of recovering loans which have assisted various enterprise services in the <br />past <br />- The constraints to adjusting the City's property tax rate to be more in line with the rates <br />in other City's in Alameda County (would probably require State legislative action). <br />331 <br />