Legislation Details

File #: HIST-8460    Version: 1 Subject:
Type: Historical Status: Joint Consent
In control: HISTORICAL - REDEVELOPMENT
On agenda: 5/27/2008 Final action: 5/27/2008
Title: JOINT ITEM: Budget Study Session – Fiscal Years 2008-09 & 2009-10 Proposed Budget: Finance Department, Human Resources Department, City Council Allocations, and Finalization of all Budget items.
Attachments: 1. JOINT ITEM: Budget Study Session – Fiscal Years 2 - J-1__08_05_27 CFO Budget Overview SR - FINAL (2).doc
City of Culver City, California City Council Agenda Item Report RECOMMENDATION: Staff recommends the City Council and Redevelopment Agency receive an overview presentation on the Fiscal Years 2008-09 & 2009-10 Proposed Budget from the Finance Department and Human Resources Department; discuss and direct staff on proposed City Council Allocations; and finalize all outstanding fiscal and budgetary issues in preparation for the publicized Public Hearing to be held Monday, June 16, 2008. DISCUSSION: The first budget study session of the Fiscal Years 2008-09 and 2009-10 Proposed Budget occurred on May 5. The Chief Financial Officer gave a presentation to City Council, which included a discussion of current economic conditions and provided financial highlights for the City’s major funds. Since then there have been four additional Budget Study sessions held on May 12, May 13, May 19, and May 20. Presentations to date have been given for the City Manager’s Office, City Clerk’s Office, Risk Management, Fire Department, Police Department, Public Works Department, including Sewer and Sanitation Divisions, Capital Improvement Projects Budget, Transportation Department, Community Development Department, Redevelopment Agency, Parks, Recreation & Community Services Department, Information Technology, and City Attorney’s Office. This evening the Finance Department and Human Resources Department will provide presentations of their budget proposals. Also included in tonight’s agenda is discussion and approval of City Council’s proposed allocation of the $100,000 that was set aside for the discretionary use for Council requested one-time projects and programs. Meeting Date: 05/27/08 Item Number: J-1 AGENDA ITEM: JOINT ITEM: Budget Study Session – Fiscal Years 2008-09 & 2009-10 Proposed Budget: Finance Department, Human Resources Department, City Council Allocations, and Finalization of all Budget items. Contact Person/Dept.: Jeff Muir, CFO Phone Number: 310.253.6016 Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No [] Public Hearing: [] Action Item: [] Attachments: [] Public Notification: Master E-Mail Notification List (5/21/08); Published Notice of Meeting in the Culver City News and Culver City Observer on 5/08/08, 05/15/08, 05/22/08. Department Approval: Jeff Muir (05/19/08) City Attorney Approval: Carol Schwab (by H. Baker) (05/20/08) Fiscal Impact Review: Jeff Muir (05/20/08) City Manager Approval: Jerry B. Fulwood (05/21/08) City of Culver City, California City Council Agenda Item Report Items currently included on the City Council Allocation list as of May 20, 2008 are the following: Requested By Description Amount Vice Mayor Silbiger Unusual Suspects – provides juvenile diversion activities $ 10,000 Councilmember O’Leary Send notification to residents to sign up for Master E-mail Notification list $ 20,000 Vice Mayor Silbiger Santa Monica Legal Aid $ 10,000 Vice Mayor Silbiger “Week of Culture” for Culver City residents Unknown Mayor Malsin Drought tolerant landscaping of selected park areas Unknown Mayor Malsin A California native garden & learning area Unknown Mayor Malsin Address maintenance issues at park play areas Unknown Mayor Malsin Address drainage issue at Culver City park Unknown Mayor Malsin Paint and maintenance of Vets Building Meeting Rooms Unknown Mayor Malsin Technology for Council Chambers Unknown Mayor Malsin Additional funding to account for OPEB expenses Unknown Mayor Malsin Additional funding for street repair Unknown Staff needs direction as to any of these items and the associated amount being included in the budget. The City Council also has the following options: appropriating these funds towards departmental requests that were not able to be included in the budget; not appropriating the funds at all (later appropriation would require a 4/5 vote); or adding to the existing City Council Discretionary appropriated reserve amount of $20,000 that is currently included in the fiscal year 2008-09 Non- Departmental division budget for City Council Special Projects (requiring a majority vote to use during the fiscal year). City of Culver City, California City Council Agenda Item Report There was also an item suggested by Vice Mayor Silbiger of increasing the number of Culver City Music Festival concerts held during the summer. This item is funded with Redevelopment Agency funds, and if approved, would need to be included in the Redevelopment Agency Fiscal Year 2008-09 Budget. Staff is preparing an estimated cost for this item and will provide it on the dais on Tuesday evening. Staff will wrap-up this evening’s discussion with a run-through of budget modifications to the proposed Fiscal Years 2008-09 and 2009-10 budgets in preparation of the Public Hearing to be held on Monday, June 16, 2008. A list of these budget modifications will be provided to City Council at tonight’s meeting to ensure the Council has the most up-to-date list of items. MOTION: That the City Council and Redevelopment Agency: Receive a presentation from the Finance Department and Human Resources Department; discuss proposed City Council Allocations; and finalize all outstanding fiscal and budgetary issues in preparation for the Public Hearing to be held Monday, June 16, 2008.