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CC MINS 20010212 ADJMINUTES RANCHO PALOS VERDES CITY COUNCIL ADJOURNED REGULAR MEETING BUDGET OUTREACH WORKSHOP FEBRUARY 12, 2001 The meeting was called to order at 7:00 P.M. by Mayor Lyon at Fred Hesse Community Park, 29301 Hawthorne Boulevard. After the Pledge of Allegiance, roll call was answered as follows:. PRESENT: Byrd, MCTaggart, and Mayor Lyon ABSENT: Stern LATE ARRIVAL: Ferraro at 7:02 P.M. Also present were City Manager Les Evans, Assistant City Manager Carolynn Petru; and, Deputy City Clerk/Recording Secretary Jackie Drasco. APPROVAL OF AGENDA: Council consensus was to approve the agenda. BUDGET WORKSHOP Pre - Budget Public Discussion The recommendation was to receive public comment prior to preparation of the preliminary budget document for Fiscal Years 2001 -2002 and 2002 -2003. City Manager Evans narrated a computer - generated visual presentation illustrating the following: How property tax dollars are allocated (6% goes to the City), sources of City revenue, expenditures, fund, balances, and a five -year financial model. He said that the City is able to maintain a low cost operation because of geography, a mostly residential population, low crime, and privatized recreation programs at City parks. He concluded by stating that the City's financial situation is very good and should remain that way with continued conservative fiscal practices. He said that a hard copy of the presentation would be furnished to the Council. There was no response to the Mayor's call for public testimony. REGULAR BUSINESS: Revision to the Special Council Meeting Schedule The recommendation was to provide staff with direction regarding re- scheduling of the March 17th City Council Goals. Setting Workshop and the March 20th regular City Council meeting. Council consensus was to reschedule the City Council Goals Setting Workshop for V Saturday, March 24 and to maintain the date of March 20 for the regular City Council meeting. ADJOURNMENT: Adjourned at 7:35 P.M. on motion of Mayor Lyon ATTEST: CITY CLERK City Council Minutes February 12, 2001 Page 2