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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) RECEIVE REPORTS FROM THE FAC ANNIVERSARY AD HOC SUBCOMMITTEE; (5) DISCUSS REPORT RECOMMENDATIONS AND DETERMINE NEXT STEPS; AND (6) PROVIDE DIRECTION TO STAFF, IF DEEMED APPROPRIATE.
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Meeting Date: April 12, 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 (04/06/2023)
Departmental Approval: Lisa Soghor, Chief Financial Officer (04/06/2023)
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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) receive reports from the FAC Anniversary Ad Hoc Subcommittee; (5) discuss report recommendations and determine next steps; and (6) 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: Griffing, Jacobsen, Lachman, Menthe
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, ...
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