2011 JUN 08 - CC PACKET SPCAGENDA
EL SEGUNDO CITY COUNCIL
EL SEGUNDO PUBLIC LIBRARY
111 W. Mariposa Avenue, El Segundo, CA 90245
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, 524 -2305. 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
Wednesday, June 8, 2011
El Segundo Public Library
111 W. Mariposa Avenue, El Segundo, CA 90245
7:30 a.m.
7:30 A.M. SESSION
CALL TO ORDER
ROLL CALL
PUBLIC COMMUNICATIONS - (Related to City Business Only - 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 fine of $250. While all
comments are welcome, the Brown Act does not allow Council to take action on any item not on the agenda. The
Council will respond to comments after Public Communications is closed.
SPECIAL ORDERS OF BUSINESS:
Consideration and possible action regarding a strategic planning session which will guide
staff in the preparation of the Fiscal Year 2011 -2012 Preliminary Budget for all City
expenditures and revenues. Staff will present a brief overview of the estimated General
Fund Fiscal Year 2010 -2011 yearend projections, General Fund Fiscal Year 2011 -2012
budget assumptions, projected shortfall and options to balance the FY 2010 -2011 and FY
2011 -2012 General Fund Budgets.
Staff will be presenting the following items for preliminary consideration:
a. Fiscal Year 2010 -2011 Yearend projections
b. Fiscal Year 2011 -2012 Preliminary Budget
i. Eliminate the projected structural deficit through:
1. Staffing Reductions
a. Permanently eliminate vacant positions
b. Early retirement options for all employees
2. Salary and Benefit Reductions
3. Reduce Other Post Employment Benefits (OPEB) funding through
cost sharing
c. Five -Year Forecast
d. Economic Outlook — General Fund Revenues
i. Business License
ii. Sales Tax
iii. Property Tax
iv. TOT Tax
v. Utility Tax Revenues
vi. Investment Interest
vii. New Development
e. Revenue Growth
i. Potential increase in Developer Fee Revenue
f. Long -Term Policy Decisions:
i. Capital Infrastructure Plan
ii. Reduce General Fund unreserved /undesignated balance to best practice
levels
iii. Tiered benefit plans and employee cost - sharing
iv. Modify funding levels for Equipment Replacement Fund
1. Fleet review and overhaul
This planning session will guide staff in the preparation of the FY 2011 -12 Preliminary
Budget, which will be presented at the August 16, 2011 City Council Meeting. Council
may raise other revenue, expenditure, development, policy, capital project and potential
budget reduction items for consideration as part of staff's preparation of the FY 2011 -12
Preliminary Budget.
Recommendation: 1) Council to provide direction to staff regarding the
development of the FY 2011 -2012 Preliminary Budget; 2) Alternatively, discuss and
take other action related to this item.
ADJOURNMENT
POSTED: DATE: 6- 'a ' I
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