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2004 AUG 17 CC PACKET -SPECa ** Y Orrt C SPECIAL MEETING AGENDA EL SEGUNDO CITY COUNCIL COUNCIL CHAMBERS - 350 Main Street The City Council, with certain statutory exceptions, can only take action upon properly posted and listed agenda items Unless otherwise noted in the Agenda, the Public can only comment on City - related business that is within the jurisdiction of the City Council and /or items listed on the Agenda during the Public Communications portion of the Meeting. The time limit for comments is five (5) minutes per person. Before speaking to the City Council, please come to the podium and state: Your name and residence and the organization you represent, if desired. Please respect the time limits. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact City Clerk, 607 -2208. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting. SPECIAL MEETING OF THE EL SEGUNDO CITY COUNCIL TUESDAY, AUGUST 17, 2004 — 5:00 P.M. CALL TO ORDER ROLL CALL PUBLIC COMMUNICATIONS -(Related to City Business Onlv - 5 minute limit per person, 30 minute limit total) Individuals who have received value of $50 or more to communicate to the City Council on behalf of another, and employees speaking on behalf of their employer, must so identify themselves prior to addressing the City Council. Failure to do so shall be a misdemeanor and punishable by a One of $250. A. SPECIAL ORDERS OF BUSINESS - Presentation of budget workshop on the FY 2004 -2005 Preliminary Operating Budget and Five Year Capital Improvement plan. Recommendation — (1) Staff presentation of the 2004 -2005 Preliminary Budget Workshop and Council direction to staff regarding all City fund revenues and expenditures (includes potential discussion and direction relating to all City Department revenues and expenditures and all general and special fund revenues and expenditures); (2) Continue the meeting until August 18, 2004 at 5:30 p.m. in the event the workshop has not been completed; (3) Alternatively discuss and take other action related to this item. EL SEGUNDO CITY COUNCIL MEETING DATE: August 17, 2004 AGENDA ITEM STATEMENT AGENDA HEADING: Special Business 5:00 p.m. AGENDA DESCRIPTION: Presentation of budget workshop on the FY 2004 -2005 Preliminary Operating Budget and Five Year Capital Improvement Plan. RECOMMENDED COUNCIL ACTION: 1) Staff presentation of the 2004 -2005 Preliminary Budget Workshop and Council direction to staff regarding all City fund revenues and expenditures (includes potential discussion and direction relating to all City Department revenue and expenditures and all general and special fund revenues and expenditures), 2) Continue the meeting until August 18, 2004 at 5:30 p.m. in the event the workshop has not been completed, 3) Alternatively discuss and take other action related to this item. BACKGROUND & DISCUSSION: On August 3, 2004 the City Council received the FY 2004 -2005 Preliminary Operating Budget as well as a supplemental budget packet. In this presentation, staff will highlight each department's budget and respond to questions from the City Council. Incorporated in the FY 2004 -2005 Preliminary Operating and Capital Improvement Budget are new programs, new revenues or fees; and program changes /reductions recommended by the City Council at the Strategic Development Session held on July 15 and 16, 2004. These recommendations included reductions of approximately $3.0 million, revenue enhancements of $370,500; and recommendations to close a remaining fiscal year 2004 -2005 budget gap of approximately $1.6 million. ATTACHED SUPPORTING DOCUMENTS: FY 2004 -2005 Budget Workshop Schedule Summary revenue and expenditure graphs FISCAL IMPACT: Operating Budget: Amount Requested: Account Number: Project Phase: Appropriation Required: —Yes —No ORIGI D BY: /J DATE: Bre M. Plumlee, Director Administrative Services REVIEWED BY: DATE: n, City Manager �� /% To close the approximate $1.6 million budget gap the City Council at the Strategic Planning Session recommended eliminating the water well project and transferring the available infrastructure replacement funding of $510,000 to the General Fund; transferring $560,000 set aside for sewer line repair in the Infrastructure Replacement Fund to the Sewer Fund for operational costs that would have otherwise been supplemented by the General Fund; reallocate $125,000 from the community center project to the city hall roofing project that would have otherwise been supplemented by the General Fund; transfer back excess liability reserve of $300,000 from the General Liability fund to the General Fund; and transfer $80,000 from the Designated for Economic Uncertainty Fund (formally the Emergency Reserve Fund and Dry Period Fund) to the General Fund. The 2004 -2005 preliminary budget does not include water and wastewater rate increases. Staff will incorporate the Council approved rate increases in the final adopted budget. The preliminary budget also includes the merging of the Emergency Reserve Fund and the Dry Period Fund into a single fund appropriately titled Designated for Economic Uncertainty. The beginning balance for this fund in fiscal year 2004 -2005 is estimated to be $2,500,000 and would be specifically designated for economic uncertainties such as the closure or change in a major revenue generating business or industry that resulted in a significant revenue loss to the City. Datc. From: TO: Subject: G 4 a 5"6 MEMORANDUM August 10, 2004 Mary Strenn, City Manager Bret M. Plumlee, Director Administrative Services Department Heads City Treasurer City Clerk FY 2004 -2005 Budget Workshop The Budget Workshops will be held Tuesday, August 17, 2004 from 5:00 P.M. to 7:00 P.M. We have also advertised an additional session beginning Wednesday, August 18, 2004 at 5:30 P.M. in the event one is needed. Please bring your departmental budget packet and FY 2004 -2005 Preliminary Budget with you to the meeting. The schedule is as follows: 5:10 P.M. Introductory remarks by Mary Strenn Revenue, Capital Improvement Projects, and Expenditure summary overviews by Bret Plumlee 5:20 P.M. Elected Officials (City Council, City Clerk, City Treasurer) Administrative Support Services (City Manager, City Attorney, Administrative Services, Internal Services/Nondepartmental) 5:30 P.M. Community Economic & Development Services 5:45 P.M. Public Works 6:00 P.M. Recreational/Cultural and Informational Services Recreation and Parks Library 6:10 P.M. Public Safety Police Fire Bret will give a summary overview of each function and how the FY 2004 -2005 Preliminary Budget compares with the FY 2003 -2004 Budget and estimated actual. 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