1993 MAR 03 CC MINMINUTES OF THE ADJOURNED REGULAR MEETING
OF THE EL SEGUNDO CITY COUNCIL
March 3, 1993 - 7:00 P.M.
CALLED TO ORDER by Mayor Jacobson at 7:03 p.m.
PLEDGE OF ALLEGIANCE led by Councilman Robbins.
ROLL CALL
Councilman Robbins -
Present
Councilman Switz -
Present
Councilman West -
Present
Mayor ProTem Wise -
Present
Mayor Jacobson -
Present
PUBLIC COMMUNICATIONS - (City Business Only - 5 minute limit)
NONE
A. SPECIAL ORDERS OF BUSINESS -
1. Revenue Budget Workshop.
Steve Klotzsche, Director of Finance presented an in -depth report on the revenue
trends and projected revenue for the 1993 -94 fiscal year.
Council consensus to reduce the projections as follows:
SALES TAX <$400,000>
PROPERTY TAXES <$500,000>
INTEREST INCOME <$100,000>
Council directed to staff to present the revised projected revenues, for the 1993 -94
fiscal year, and a complete estimate of the expendidtures and revenue, for the 1992-
93 fiscal year,
at the March 24, 1993 Budget Workshop Meeting.
CLOSED SESSION
The City Council may move into a closed session pursuant to applicable law, including
the Brown Act (Government Code Sec. 54950, et M.) as announced by the City
Attorney, for the purposes of conferring with the City Attorney on potential and /or
existing litigation and /or discussing personnel matters.
ADJOURNMENT at 8:24 P.M. to March 9, 1993 at 7:00 P.M.
i `/ /L�c
J+ dy Mor s n,
f�ity Clerk
1
City council Minutes
March 3, 1993 - 7.00 p.m.