AgdaPkt 2015-09-28 Joint SA PFA - Laserfiche WebLink

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________________________________________________________________________________________________ JOINT CITY COUNCIL/SUCCESSOR AGENCY BOARD/ June 8, 2015 PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 8 Foust: Beban, Jacobwsky, Manuel, Ratcliff, Tolmasoff Gee: Jacobowsky, Manuel, Radcliff, Tolmasoff, Self The City Council appointed the following applicants to the Complete Streets Advisory Committee: Marc Manuel (five votes) Rebecca Ratcliff (six votes) Juda R. Tolmasoff (six votes) Michael Jacoubowsky (five votes) Due to the fact that two applicants (Marc Beban and Mathew Self) both had tied with four votes each a tie braker vote was requested: Second vote: Bain: Beban Howard: Self Pierce: Self Seybert: Beban Aguirre: Self Foust: Beban Gee: Self Fifth member of the committee - unincorporated RWC member: Mathew Self MINUTE ORDER 15-089 9. STUDY SESSION - PRESENTATION A Fiscal Year 2015-16 Budget Study Session (501) Recommendation: Provide direction regarding Fiscal Year 2015-16 budget proposals. Dr. Bell General Fund, budget proposals review the Strategic Plan and approve it and CIP and a Worker’s Compensation update. Dr. Bell showed a little video about the past history of the budgets and how this current scenario is so different. He covered the projections from February and the deficit that was anticipated. He covered very figures related to the projections for the next five years are much more hopeful thanks to the City Council three prong approach to dealing with budgetary issues. He believes that the good sound policy the Council created four years ago and this shows a balanced budget for the next five years. He said the balanced budget complies with the Council reserve policy and is aligned with the Strategic Initiatives and it begins to address the long term liability related to pension and workers compensation (presentation on file). Dr. Bell covered all the budget proposals one by one and said the Department Heads were present to answer any questions. He also covered pension liabilities and payment options and the possibility of a Housing Endowment Fund. In regards to the Strategic Initiatives Plan Dr. Bell said it was created five years ago and he would like to see it approved. He said that part of the original goal was to come back every five years to confirm the initiatives are fresh and green and from the earlier Study Session this year it was clear that Council wanted to maintain the current initiatives with 6.1.C. - Page 9