MO 1998-026 to 1998-030 - Laserfiche WebLink

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RECOMMENDED BUDGET STRATEGIES, 1998-99 services and allow the City to make important operational and programmatic decisions. FINANCIAL ISSUES TO BE CONSIDERED DURING THE 1998-99 FISCAL YEAR 11. Evaluate Program and Development Changes Impacting the Golf Course and Marina Enterprise Funds The Finance Committee directed staff to define the boundaries of the Marina and Golf Enterprise Funds. The goal is to have each fund accurately reflect and account for its expenditures and revenues. The Golf Course operations were recently privatized and this will contribute to creating a positive cash flow in approximately three years for the Golf Course Enterprise Fund. At that time, the City could choose to place the revenue in the General Fund to reimburse it for the $4 million loan to the Golf Course Enterprise Fund. The Marina Enterprise Fund has also received loans from the General Fund and it should be a priority of that fund to liquefy its debt. Accurately reflecting the financial responsibilities of each enterprise fund is critical to the overall development of the Marina. It was also suggested that an evaluation be done on incorporating both the Marina Fund and the Golf Fund into a "Shoreline Fund" that could conceivably run from San Lorenzo Creek on the south to the Oyster Bay Regional Shoreline Park on the north. 12. Level of Community Services and Parks in West San Leandro The Finance Committee agreed that there is not enough park space in the west area of the City. As such, a recommendation was made to establish a time -line to increase park space in this area. A long-term approach is preferred over a patchwork approach that would result in smaller parks. It was also suggested that evaluation of an interim solution be undertaken that would devise a method to transport children in the west area to programs and parks in other parts of the City. Staff will begin work in FY 1998-99 to develop short-term goals (upgrades and increased programs at existing parks) and long-term goals (method of acquiring land in West San Leandro to develop new parks). 0. Funding Requirements for Upgrades to the City's Sanitary Sewer Collection System The City's current CIP budget is approximately $7 million. As part of the 1998-99 CIP budget, staff will be requesting that the City Council approve a more aggressive 4