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2012 Aug 16 - CC PACKET SPC REV (Strategic)REVISED SPECIAL AGENDA EL SEGUNDO CITY COUNCIL EL SEGUNDO PUBLIC LIBRARY 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. REVISED SPECIAL MEETING OF THE EL SEGUNDO CITY COUNCIL THURSDAY, August 16, 2012 El Segundo Public Library 111 W. Mariposa Avenue, El Segundo, CA 90245 7:30 a.m. Added "vi Fiscal Year 2012-2013 Economic Development Plan" 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) 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: Consideration and possible action regarding a strategic planning workshop resulting in City Council approval of the Fiscal Year 2012 -2013 Preliminary Budget. Staff will present a brief overview of policy issues, challenges /limitations, budgetary assumptions and budget balancing options used to prepare the fiscal year budget including, without limitation, the following matters: a. Objectives for the Strategic Planning Session - i. Update Fiscal Year 2011 -2012 Yearend Projections ii. Present budget assumptions and impacts for the Preliminary Fiscal Year 2012 -2013 Budget iii. Present General Fund Preliminary Fiscal Year 2012 -2013 Budget iv. Propose budget balancing options v. Propose funding options for City identified critical needs vi. Fiscal Year 2012 -2013 Economic Development Plan Council may raise other development, policy, capital project and potential budget reduction items for consideration as part of staffs preparation of the Fiscal Year 2012 -13 Preliminary Budget. Recommendation: 1) Council to approve Preliminary Fiscal Year 2012 -2013 Budget; and 2) alternatively, take such additional, related, action that may be desirable. ADJOURNMENT POSTED: DATE: , 418 • /'Y . /:Z- TIME: NAME: 0'r�` rf/�•»i