CC MINS 19890417RANCHO PALOS VERDES CITY COUNCIL
BUDGET REVIEW WORKSHOP SESSION
APRIL 17, 1989
MINUTES
The meeting was called to order at 8:20 .m. b P y Mayor Bacharach
at City Hall Community Room, 30940 Hawthorne Boulevard, Rancho
Palos Verdes, CA 90274.
PRESENT: Council Member Hughes, Council Member M T
' Mc Taggart,
Council Member H
inchliffe and Mayor Bacharach
Also present were Dennis McDuff ie, Finance Director
1 ' ector Kevin Smith
and Director of Public lc Works George Wentz.
Mr. Smith reviewed the estimated fund balances in the general
fund for each budget category, including estimated decreases and
increases, and was requested b the Council •
the Coastal-In-Lieu y to add an asterisk to
n Lieu Fund in order to show that this also is a
restricted fund. He also reviewed the summary f y estimated fund
balances, described the
sources of revenue in the Replacement
Fund and the amortization program, and noted that
the equipment
purchases were made from this fund.
Mr . Smith then outlined those funds which are classified ed as
restricted, and not assif l
noted that each item in the Quimby Fund will be
discussed in detail during the budget review w process.
In providing a detailed explanation of the rocess
P of how funds
are added to the PER
S account, Mr. Smith also outlined the
reasons for the reserves in the PERS account and the
costs with employee turnover . He noted that each employee has received a cred it for 14� of their sal ary.
Regarding the Urban Open Space Grant Fun '
P Fund, Mr . Smith noted the
recommendation by the City Manager and himself to transfer
funds to the General Fun these
Fund* Mayor Bacharach strongly proposed
that a priority for the ca capital improvement
p P vement balance of
should be In a land acquisition reserve fund.
Mayor Bacharach reported that she had attended a semi
in Public Places, and she as nar on Art
ked the Council to appropriate a
certain sum of money to initiate such a ro ram within P g th In the
City. The consensus was to support such a policy. Mr* Smith
noted that approximately $2,000 was in an account for
budgeted special projects and could perhaps be used for this
non -
purpose.
In discussing salaries, Mr . Smith noted that •
this was the third
year of the program that would result in salaries in t '
being on par with s he City
P salaries in other cities. The cost of this
program for the next fiscal year is $47,175, which would
a salary i result
in an avera
g y ncrease per employee of 3.8%40
N
Mr. Smith next examined the General Fund Revenues - Account No.
001, and was instructed by Mayor Bacharach to place an asterisk
next to Utility Users Tax and to add a footnote that this was
included in the capital improvement program. Mr. Smith was also
directed to go over the franchise tax amount of $542,000, and to
ensure that restaurants are paying their fair share of sales
revenues, chain restaurants in particular.
City Manager McDu f f ie was then asked to advise the Council in
advance which departments will be reviewed at the next budget
work session.
ADJOURNMENT
There being no further business, the meeting of the City Council
was duly adjourned at 10:00 p.m.
P
7
MAYOR
CITY COUNCIL April 17, 1989