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File #: 23-708    Version: 1 Name: 2023 FAC Subcommittees
Type: Minute Order Status: Action Item
File created: 2/23/2023 In control: FINANCE ADVISORY COMMITTEE
On agenda: 3/8/2023 Final action:
Title: (1) Receive reports from the Government Efficiency Ad Hoc Subcommittee; (2) Receive reports from the Assets Ad Hoc Subcommittee; (3) Receive reports from the Structural Revenue Review Ad Hoc Subcommittee; (4) Discuss report recommendations and determine next steps; and (5) Provide direction to staff, if deemed appropriate.
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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(1) Receive reports from the Government Efficiency Ad Hoc Subcommittee; (2) Receive reports from the Assets Ad Hoc Subcommittee; (3) Receive reports from the Structural Revenue Review Ad Hoc Subcommittee; (4) Discuss report recommendations and determine next steps; and (5) Provide direction to staff, if deemed appropriate.

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Meeting Date: March 8, 2023

Contact Person/Dept: Melissa Zak/Finance Department

Phone Number: (310) 253-5865

Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X]

Public Hearing: [] Action Item: [X] Attachments: []

Public Notification: (E-Mail) Meetings and Agendas - Finance Advisory Committee (03/02/2023)

Departmental Approval: Lisa Soghor, Chief Financial Officer (03/02/2023)
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RECOMMENDATION

Staff recommends that the Finance Advisory Committee (FAC) (1) receive reports from the Government Efficiency Ad Hoc Subcommittee; (2) receive reports from the Assets Ad Hoc Subcommittee; (3) receive reports from the Structural Revenue Review Ad Hoc Subcommittee; (4) discuss report recommendations and determine next steps; and (5) provide direction to staff, if deemed appropriate.


BACKGROUND / DISCUSSION

Based on the proposed Fiscal Year 2023 FAC Work Plan, the following FAC ad hoc subcommittees will offer reports for discussion, recommendations, and next steps:

* Government Efficiency Ad Hoc Subcommittee
o Members: Jacobsen, Griffing, Lachman
o Purpose: This ad hoc subcommittee was established to research, implement, and continue a City Innovation Award Program to encourage employees, departments, or committee/advisory commission members to contribute towards increased efficiency, improved quality of life for Culver City residents, reduced costs and/or generated revenue, or demonstrated distinguished performance based on department goals/outcome measures.

* Assets Ad Hoc Subcommittee
o Members: Bauer, Griff...

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