Title
Facilities and Transportation Committee Meeting Highlights of March 3, 2015
Body
CITY OF SAN LEANDRO
CITY COUNCIL FACILITIES AND TRANSPORTATION COMMITTEE
March 3, 2015
4:00 p.m. - 6:00 p.m.
San Leandro City Hall
835 East 14th Street
San Leandro, California
Sister Cities Gallery
HIGHLIGHTS
1. CALL TO ORDER
The meeting was called to order by Mayor Cutter at 4:00 p.m.
1.A. Attendance
Committee Members: Mayor Pauline Cutter, Councilmember Corina Lopez, Councilmember Ursula Reed
City Staff Present: Cynthia Battenberg, David Baum, Keith Cooke, Debbie Pollart, Nick Thom, Chris Zapata
Outside Presenters: None
Public Present: Jim Prola
1.B. Announcements
None.
2. DISCUSSION ITEMS
The City Manager Chris Zapata reviewed the importance of the work of the Facilities and Transportation Committee in the development of the budget.
2.A. Discussion Regarding Budget Overview and Resources for CIP
Finance Director David Baum of the Finance Department gave an introduction on the resources for the Capital Improvement Projects (CIP). Finance is determining revenues and available fund balances. D. Baum explained the difference that Measure HH will make in balancing the budget over the next 5 years.
D. Baum reviewed the fact that the positive budget balance and early Measure HH revenue has allowed certain projects such as the Siempre Verde Park to be funded by the economic uncertainty reserves (or unrestricted fund balance) from FY 14-15. He also indicated that other projects may use unrestricted fund balances and therefore some of the budget information may change as it relates to surplus amounts in FY 15-16 and FY 16-17.
D. Baum talked about the Historical General Fund Reserve and said that the City has not been meeting its reserve guidelines, which is 20% unrestricted funds of what next years' operating funds are. He asked the Committee Members to consider the guidelines and as they go through the budget dev...
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