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2014 Jun 26 - CC MIN SPC SPECIAL MEETING OF THE EL SEGUNDO CITY COUNCIL THURSDAY, June 26, 2014 El Segundo Public Library 111 W. Mariposa Avenue, El Segundo, CA 90245 7:30 AM 7:30 A.M. SESSION CALL TO ORDER— Mayor Fuentes at 7:32 AM PLEDGE OF ALLEGIANCE - Council Member Dugan ROLL CALL Mayor Fuentes - Present Mayor Pro Tern Jacobson - Present Council Member Atkinson - Present Council Member Fellhauer - Present Council Member Dugan - Present PUBLIC COMMUNICATIONS — (Related to City Business Only — 5 minute limit per person, 30 minute limit total) Pursuant to Government Code § 54954.3(a), the only public comment that will be permitted during this Special Meeting is that pertaining to the agenda item listed below. 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: Greg Carpenter, City Manager, introduced the meeting and gave a brief overview of the meeting flow. 1. Consideration and possible action regarding a strategic planning workshop resulting in City Council guidance to staff for preparing the Fiscal Year 2014-2015 Preliminary Budget which includes a discussion of all City revenues and expenditures for the 2014-2015 Budget and future year budgets. Staff will present a brief overview of policy issues, challenges/limitations, staff proposed goals and strategies associated with preparation and planning of the fiscal year budget including, without limitation, the following matters: a. Follow-up items from May 29th Strategic Planning Session i, Workers Compensation Analysis — Discussion and direction by Council regarding the FY 14/15 expenditure reduction based on the current actuarial valuation. — Deborah Cullen, Director of Finance MINUTES OF THE SPECIAL CITY COUNCIL MEETING(SPS) June 26,2014 PAGE NO. 1 ii. California Public Employees Retirement System ("PERS") estimated rate increases — Discussion regarding potential increases that the City will face over the next several years regarding City contributions to PERS to pay for employee retirement costs. — Deborah Cullen, Director of Finance b. Policy Decisions i. Revenue Shortfall Fund Policy — Discussion and direction by Council regarding the amount that Council may wish to place in a special reserve account to fund for potential changes in the economy that affect specific revenues that deviate from projections. — Deborah Cullen, Director of Finance Council Discussion Council Consensus to prepare Revenue Shortfall Fund Policy for adoption with final proposed Fiscal Year 14-15 budget. Council's recommendation is to designate $750,000.00 in the Revenue Shortfall Fund. ii. Insurance — Additional Coverage option for Earthquake insurance and Council discussion and direction regarding whether to include this option in the Budget. — Deborah Cullen, Director of Finance Council Discussion Directed staff to research this item and bring back for discussion during the FYI 5/16 budget planning session. iii. Capital Improvements — Presentation of infrastructure priorities and discussion regarding future funding levels. — Stephanie Katsouleas, Director of Public Works Council Discussion Council Consensus to fund items #1-10 on the list of immediate needs for infrastructure, with reducing sidewalk construction/replacement to $500,000.00 over the next 3 years versus $1,500,000.00 for one year. Item #11 (Replace Plunge Filter System) was eliminated from the list. This approved list of infrastructure needs will increase capital funding to $3,265,000.00 for the proposed Fiscal Year 14-15 budget. $240,000.00 in parking in lieu fees may be used to fund for Richmond Street, item #2. iv. Yearend Fund Balance Update — Staff update on 2013/2014 Budget projections and performance. — Deborah Cullen, Director of Finance Council Discussion Council Consensus to increase the Fund Balance Reserve to 20% from the current 17% over the next 3 years. FY 14-15 calculated fund balance reserve will increase to 18% which at this time would be an estimated increase of $600,000. MINUTES OF THE SPECIAL CITY COUNCIL MEETING(SPS) June 26,2014 PAGE NO.2 c. FY 2014-2015 Budget Assumptions – In addition to items set forth in item a. above, additional assumptions that will be included in the preparation of the budget. - Deborah Cullen i. Retiree Health Care Expenses (OPEB) liability—Update regarding City's funded status of the long-term unfunded liability and discussion for funding 14/15 estimates.- Deborah Cullen, Director of Finance ii. Revenue assumption changes Council Discussion Council approved increasing funding for Equipment Replacement by $200,000, and Facilities Maintenance by $80,000 for the Fiscal Year 14-15 Budget. Council Discussion Council Consensus directed staff to prepare a report with recommendations that would or could change the transportation programs within the City if the transportation funds went to Public Works. In the report, Council would like a comparison of $120,000.00 towards infrastructure and $60,000.00 towards infrastructure and in each scenario how would this effect transportation programs within the city. iii. Three-Year Forecast – Staff's presentation of three year budget forecast and Council discussion and direction regarding this forecast. – Deborah Cullen, Director of Finance Council Discussion Recessed at 8:58 AM Resumed meeting at 9:10 AM d. Options for expenditure reductions – Presentation by staff regarding potential expenditure reductions and Council discussion and direction regarding these proposals. Department heads gave brief presentations on possible department reductions totaling 3% of their annual budgets or $1.6 million. Council Discussion Council directed staff not to proceed with the proposed department reductions at this time. e. Options for program reductions and/or revenue increases - Presentation by staff regarding potential program reductions and Council discussion and direction regarding these proposals. Council Discussion MINUTES OF THE SPECIAL CITY COUNCIL MEETING(SPS) June 26,2014 PAGE NO.3 Council Consensus to adopt the proposed program revenues from Option #2 (Recovery of Trash Fees for 3 and 4 Units $75,000, Recovery of residential Permit Fee Costs estimated at $200,000, and Ambulance Recovery — Residential Fees estimated at $180,000) for the proposed Fiscal Year 14-15 Budget revenue increase of$455,000. Council Consensus to adopt a partial proposed program reductions from Option #2. This would include closing the beach restrooms during winter months for a savings of $10,000, reduce the funding level for Storm Drain compliance by $100,000, eliminate the annual cash contribution of $250,000 to ESUSD, phase out over the next 2 years the library school resources - estimated savings in 14/15 of 95,000 and share the $80,000 contract cost for the crossing guards with the school district for the proposed Fiscal Year 14-15 Budget. Total proposed savings of$495,000. ADJOURNMENT at 10:45 AM (A",4 Ix /jju va Trey We er, City Clerk MINUTES OF THE SPECIAL CITY COUNCIL MEETING(SPS) June 26,2014 PAGE NO.4