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2020 Aug 05 - CC MIN SPCSPECIAL MEETING OF THE EL SEGUNDO CITY COUNCIL WEDNESDAY, August 5, 2020 Virtual Meeting 8:00 A.M. (Proposed FY 2020-21 Budget Study Session) CALL TO ORDER — Virtually by Mayor Boyles at 8:06 AM PLEDGE OF ALLEGIANCE ROLL CALL Mayor Boyles - Present via teleconferencing Mayor Pro Tem Pimentel - Present via teleconferencing Council Member Pirsztuk - Present via teleconferencing Council Member Nicol - Absent Council Member Giroux - Present via teleconferencing PUBLIC COMMUNICATIONS — (Related to City Business Only) — 5 minute limit per person, 30 minute limit total) None Chief Donovan gave a COVID-19 Update STUDY SESSION OUTLINE: Recommendation: City Council to conduct a Budget Study Session and provide direction as necessary. Study Session Overview 2. Background Items A. City Strategic Plan -- Follow-up from July 22 Study Session — City Manager, Scott Mitnick gave an overview/summary of the recent Strategic study session. Quick reminder from Council, they would like to update/change City Mission and Vision Statements. B. Update on the Economy — Dino Marsocci, Deputy City Treasurer presented. C. FY 2019-2020 Budget Update — Joe Lillio, Finance Director presented. Council discussion and questions answered 3. Proposed FY 2020-2021 Budget A. Fiscal Year Shift — Joe Lillio, Finance Director presented. B. Restructuring of City Departments — Scott Mitnick, City Manager presented the following proposals: * 2 Deputy City Managers Creation of Community Services Department — merging Recreation & Parks and Library MINUTES OF THE SPECIAL COUNCIL MEETING AUGUST 5, 2020 PAGE 1 of 3 • Name change - Development Services Department for Planning & Building Safety and establish a Housing Division • Inclusion of City Treasurer's office into Finance Department • Create new Risk Manager position • Name change - Information Technology Services Department • Public Works Department will include Parks/Landscaping Maintenance Services C. Budget Scenarios - Due to COVID-19 (Scenario Two and Three - as presented on May 5, 2020) - Scott Mitnick, City Manager and Joe Lillio, Finance Director presented. D. Budget Summaries - Joe Lillio, Finance Director presented. E. Revenues - Estimated by Source - Joe Lillio, Finance Director presented. F. Appropriations - Proposed by Department - Melissa McCollum, Library Director presented FY 2020-2021 Cultural Development Fund. Council raised several questions and concerns. Staff will meet and bring back recommendations/direction at the Budget Adoption Public Hearing in September. G. Information Technology Update - Charles Mallory, IT Director presented and introduced ten Information Technology FY 2020-2021 Initiatives. H. Capital Improvements Program (CIP) Update - Scott Mitnick, City Manager and Mark Watkins, Interim Public Works Director presented Proposed FY 2020-2021 CIP Projects and proposed funding the following FY 2019-2020 Deferred Projects: • Recreation and Parks Projects (Restrooms, Skate Park, Teen Center) • City Hall Windows (health & safety/energy efficiency) • Memory Row Fitness Trail - Council discussion to further defer project and move $100,000.00 into plunge fund. • Park Vista Senior Center Plumbing Design I. Reserve Policies - Joe Lillio, Finance Director presented the following: FY 2020-2021 Reserve proposals: • General Fund: Retain 20% reserve • Economic Uncertainty Reserve: Temporary decrease from $2,000,000.00 to $1,015,811.00 with goal to restore • Worker's Com Fund: $7,100,000.00 (-70% funded) • General Liability Fund: $1,000,000.00 (actuary) FY 2020-2021 Trust Balances proposals: • Pension Trust: $4.3M (June 30, 2020) • OPEB Trust: $26.1M (June 30,2020) Council discussion and questions answered 4. Next Steps - Scott Mitnick, City Manager presented the following: • Water and Wastewater Funds Financial Plan - August 1/, 2020 • City Wide Fee Resolution - September 1, 2020 • Proposed Budget Public Hearing & Adoption - September 15, 2020 • FY 2020-2021 Commences - October 1, 2020 • Begin preparation of FY 2021-2022 Budget - December 2020 • Long-term Financial Strategic Plan • City Council Pension Sub -Committee meetings to discuss pension and OPEB funding options • Municipal (Financial) Advisor retained MINUTES OF THE SPECIAL COUNCIL MEETING AUGUST 5, 2020 PAGE 2 of 3 Wrap -Up and Questions — o Clarify Mission and Vision statements • Change Goal #1 (changing the order) • Revise Activity in goal #4 (environmental item) Clarify various budget line items +� Meet with ACC regarding Council's concerns Revise Memory Row project ADJOURNMENT at 11:01 AM U), U Tracy Weav „ City Clerk MINUTES OF THE SPECIAL COUNCIL MEETING AUGUST 5, 2020 PAGE 3of3