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CITY COUNCIL FINANCE COMMITTEE <br /> March 4,2011 <br /> 8:15 a.m. — 9:45 p.m. <br /> San Leandro City Hall <br /> 835 E. 14 Street <br /> San Leandro, California <br /> (Sister Cities Gallery) <br /> HIGHLIGHTS <br /> Committee Members: Mayor Cassidy, Councilmember Gregory, Councilmember Souza <br /> City Staff Present: City Manager Hollister, Assistant City Manager Marshall, Finance <br /> Director Vesely, Deputy Finance Director Rodriguez, Budget & <br /> Compliance Manager Perini, Accountant [I Galvin, Administrative <br /> Assistant III Perez <br /> Public Present: Dale Reed, Mia Ousley, David Bohne, Kathy Ornelas, Jacqui Diaz, <br /> Charles Gilcrest, Pauline Cutter, Jill Replogle <br /> The meeting was called to order at 8:19 a.m. <br /> 1. Discussion Regarding FY 2011 -12 Budget Development <br /> Finance Director Vesely presented the Finance Committee with a handout that summarized the <br /> FY 2011 -12 budget development process and preliminary budget projections. Vesely outlined <br /> the baseline budget and explained to the Committee that although the projected General Fund <br /> deficit for FY 2011 -12 is $1.26 million, the budget gap is much smaller than previous years. <br /> Finance is meeting with departments to identify cost savings within their departments. Vesely <br /> stated that the City Manager's FY 2011 -12 Proposed Budget will be presented to City Council <br /> on May 16, 2011. <br /> Mayor Cassidy instructed staff to provide information regarding proposed program reductions as <br /> well as detailed department expense budgets. Vesely stated that information will be provided in <br /> upcoming meetings. Vesely also stated that staff will continue to refine numbers throughout the <br /> budget process. There are several factors that will facilitate changes to the budget, including the <br /> threat of the State's disbandment of Redevelopment Agencies. If the Governor is successful in <br /> his proposal to eliminate these local agencies, the City will have to reconsider a number of its <br /> budget assumptions. <br /> Community Development Director Sims spoke to the Committee regarding the upcoming City <br /> Council topic on Redevelopment Agency property. Sims briefly informed the Committee that <br /> the Redevelopment Agency of San Leandro (RDA) will be asking Council to approve action to <br /> protect current RDA assets; including property. Sims stated that Assistant City Attorney Rich <br /> Pio Roda will be at the Monday, March 7, 2011 City Council meeting to answer questions. <br /> 1 <br />