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2021 May 04 - CC MIN SPCSPECIAL MEETING OF THE EL SEGUNDO CITY COUNCIL TUESDAY, MAY 4, 2021 — 3:00 PM Proposed FY 2021-22 Budget Study Session CALL TO ORDER — Mayor Boyles at 3:02 PM (Council on dais, public viewing virtually) PLEDGE OF ALLEGIANCE — Council Member Giroux ROLL CALL Mayor Boyles - Present via teleconferencing Mayor Pro Tem Pimentel - Present via teleconferencing Council Member Pirsztuk - Present via teleconferencing Council Member Nicol - Present via teleconferencing Council Member Giroux - Present via teleconferencing PUBLIC COMMUNICATION — (Related to City Business Only — 5-minute limit per person, 30- minute limit total. None STUDY SESSION OUTLINE Recommendation: City Council to conduct a Budget Study Session and provide direction, as necessary. 1. Study Session Overview — Scott Mitnick, City Manager 2. Background A. City Strategic Plan Follow-up from April 20, 2021 Study Session — Scott Mitnick, City Manager B. FY 2020-2021 Budget Status Update — Joe Lillio, Chief Financial Officer C. Pension Obligation Bonds Update — Joe Lillio, Chief Financial Officer 3. Proposed FY 2021-2022 Budget — Council discussion throughout presentation A. Financial Outlook & Budget Challenges — Joe Lillio, Chief Financial Officer B. Budget Summaries - Joe Lillio, Chief Financial Officer C. Revenues - Joe Lillio, Chief Financial Officer D. Appropriations (by Fund & Department) — Joe Lillio, Chief Financial Officer E. Capital Improvement Program (CIP) — Scott Mitnick, City Manager and Elias Sassoon F. Financial & Reserve Policies — Joe Lillio, Chief Financial Officer Council discussion items • Add the El Segundo Beach Lifeguard Station to the 5-year CIP plan. • Possible funding to maintain the Entryway Project(s). • Commence the CIP Committee before the June 15th meeting to revisit the preliminary numbers for the CIP 5-year plan and present updated numbers at the June 15t" meeting. • Is Percentage of the Arts program funds allowed to be used for Clubhouse and/or Teen Center repairs/updates. • Interested in the City employing a night and/or weekend code enforcement officer. MINUTES OF SPECIAL COUNCIL MEETING MAY 4, 2021 PAGE 1 Adjourned at 5:13 PM ITrcyaWler, City Clerk MINUTES OF SPECIAL COUNCIL MEETING MAY 4, 2021 PAGE 2