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AgdaPkt 2018-07-23 Joint SA PFA
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AgdaPkt 2018-07-23 Joint SA PFA
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Last modified
7/24/2018 4:47:34 PM
Creation date
7/19/2018 7:49:46 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
7/23/2018
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CLK-Maria Vazquez <br />From: CLK-Pamela Aguilar <br />Sent: Monday, July 23, 2018 8:44 AM <br />To: CLK-Maria Vazquez <br />Subject: FW: Your brochure on increasing city sales tax <br />From: ian@ianbain.org [mailto:ian@ianbain.org] On Behalf Of Ian Bain <br />Sent: Saturday, July 21, 2018 12:14 PM <br />To: Kenneth L. Dulaney <br />Cc: GRP -City Council <council@redwoodcity.org>; linda.m.dulaney@gmail.com <br />Subject: Re: Your brochure on increasing city sales tax <br />Dear Ken and Linda, <br />On behalf of the City Council, thank you for reaching out to express your thought on the recent mailer about the <br />City's finances. Unfortunately, the recent mailer failed to state the reason for the City's current financial <br />position. You are correct that it is related to pension liability, however, many of the commitments were made on <br />the state level, which is why every city in California is facing this challenge. <br />Redwood City has take a proactive, fiscally responsible approach to paying down this debt rather than ignoring <br />it. At the same time, we are also advocating for statewide pension reform. The City's approach includes both <br />budget cuts and looking at options to increase revenue. On Monday, the Council will consider whether to put <br />local sales tax on the ballot, along with a tax on legal cannabis. It will be up to voters to decide whether to <br />approve these measures. If the measures are not approved, then we will be looking at much deeper cuts to City <br />services. <br />We appreciate your suggestions on alternative approaches, and we will take these into consideration as we work <br />towards a more sustainable approach to long term financial planning. <br />Respectfully, <br />[an Bain <br />www.redwoodcitv.or2 <br />IAN BAIN <br />ayorcRedwood Mayor- <br />ity Cmhomia <br />cityWOW13u <br />City of Redwood City <br />Phone: (650) 780-7565 <br />E-mail: ibain(t-vredwoodcitv.ory <br />www.redwoodcitv.or2 <br />
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