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CC DM 20240521 A - 20240418 CC MINS (Budget Workshop) DRAFT DRAFT MINUTES RANCHO PALOS VERDES CITY COUNCIL ADJOURNED REGULAR MEETING/BUDGET WORKSHOP APRIL 18, 2024 CALL TO ORDER: The Adjourned Regular meeting of the Rancho Palos Verdes City Council was called to order by Mayor Cruikshank at 6:08 P.M. at Fred Hesse Community Park, McTaggart Hall, 29301 Hawthorne Boulevard. This meeting took place both in person and remotely. Remote participation by any Councilmember was in accordance with Government Code Section 54953. Members of the public could observe and participate using the Zoom participation feature, and with options called out in the public participation form provided under a separate cover with the agenda. Notice having been given with affidavit thereto on file. ROLL CALL: City Council roll call was answered as follows: PRESENT: Ferraro, Seo, Alegria and Mayor Cruikshank ABSENT: Bradley *(excused) Also present were Ara Mihranian, City Manager; Vina Ramos, Director of Finance; Brandy Forbes, Director of Community Development; Ramzi Awwad, Director of Public Works; Cory Linder, Director of Recreation and Parks; Jason Loya, Senior Administrative Analyst; Enyssa Sisson, Deputy City Clerk, and Teresa Takaoka, City Clerk. PLEDGE OF ALLEGIANCE: The Pledge of Allegiance was led by Councilmember Seo. APPROVAL OF THE AGENDA: Councilmember Ferraro moved, seconded by Mayor Pro Tem Alegria, to approve the agenda as presented. The motion passed on the following roll call vote: AYES: Ferraro, Seo, Alegria and Mayor Cruikshank NOES: None ABSENT: Bradley *(excused) DRAFT- City Council Minutes Budget Workshop April 18, 2024 Page 2 of 4 PUBLIC COMMENTS FOR NON-AGENDA ITEMS: None. REGULAR BUSINESS: 1. Consideration and possible action to receive the Fiscal Year (FY) 2023 -24 Mid- Year Financial Report and year-end estimates. (Loya) City Clerk Takaoka reported that there was no late correspondence and there were no requests to speak. City Manager Mihranian provided an introductory summary of the item and introduced the Director of Finance Ramos and Senior Administrative Analyst Loya for a staff report and PowerPoint presentation. *Councilmember Bradley joined the meeting at 6:22 P.M. Discussion ensued among Council Members and questions were asked of Staff. Councilmember Ferraro moved, seconded by Councilmember Bradley, to approve Staff recommendations as follows: Received and filed the FY 2023-24 Mid-Year Financial Report and year-end estimates. The motion passed on the following roll call vote: AYES: Bradley, Ferraro, Seo, Alegria, and Mayor Cruikshank NOES: None 2. Consideration and possible action to begin developing the Fiscal Year (FY) 2024-25 Preliminary General Fund Budget. (Loya) Director of Finance Ramos and Senior Administrative Analyst Loya presented a staff report and PowerPoint presentation. City Manager Mihranian provided additional information. Mayor Pro Tem Alegria moved, seconded by Councilmember Bradley, to approve Staff recommendations as follows: Non-Personnel costs of $20,579,550 including public safety services, operational costs, one-time expenditures, and contingency budget for emergency repairs. The motion passed on the following roll call vote: AYES: Bradley, Ferraro, Seo, Alegria, and Mayor Cruikshank NOES: None DRAFT- City Council Minutes Budget Workshop April 18, 2024 Page 3 of 4 Director of Finance Ramos and Senior Administrative Analyst Loya continued to present a staff report and PowerPoint presentation. Discussion ensued among Council Members Mayor Pro Tem Alegria moved, seconded by Councilmember Ferraro, to approve Staff recommendations as follows for the proposed FY 2024-25 General Fund Budget: • Affirmed the FY 2024-25 budget assumptions, which include: i. Revenue projections of $39,473,700 which includes continuing the 3% Utility User Tax rate and Transfers-In of $250,000; ii. Personnel costs of $14,630,600: 1. Including all existing and approved positions for competitive, part-time, confidential, and management; 2. Funding of 50% for the Associate Planner position aligned with the Department’s recruitment schedule; 3. Continuing the cost-of-living adjustment (COLA), performance merits, and benefits, pursuant to labor agreements; 4. Continuing to underfill Accounting Supervisor (Finance). 5. Continuing to freeze Executive Assistant (City Manager’s Office). 6. Continuing to freeze GIS Coordinator (Community Development Department). iv. Transfers-Out of $4,177,500 that includes transfers to the Capital Infrastructure Program (CIP), Improvement Authority for Portuguese Bend, Sub-Region One, Abalone Cove Sewer, and Habitat Restoration Fund. • Funded priorities for the FY 2023-24 unallocated fund balance of $2.7 million which may include: i. Additional funding for the City Council Goals; ii. Additional transfers of $889,500 to the CIP Fund in accordance with the City Council Reserve Policy No. 41; iii. Transfers of $400,000 to the Employee Pension Service (EPS) Fund in accordance with the Pension Guidelines; and/or iv. Additional transfers the CIP Fund. The motion passed on the following roll call vote: AYES: Bradley, Ferraro, Seo, Alegria, and Mayor Cruikshank NOES: None ADJOURNMENT At 7:29 P.M., Mayor Cruikshank adjourned to April 29, 2024, for a Budget Workshop (CIP). DRAFT- City Council Minutes Budget Workshop April 18, 2024 Page 4 of 4 __________________________ John Cruikshank, Mayor Attest: __________________________ Teresa Takaoka, City Clerk