[00:00:01] WE ARE LIVE. LET'S GO AHEAD AND CALL TO ORDER AT 5:01, WE'RE GOING DO THE FLAG SALUTE, NOT [1. CALL TO ORDER] THE FLAG SALUTE ON THIS ONE. WE TYPICALLY DON'T WITH A STUDY SESSION. OK, ROBIN. OK, GO TO ROLL CALL. COUNCIL MEMBER CROSBY. COUNCIL MEMBER LAU. COUNCIL MEMBER DAVIS. MAYOR PRO TEM CARDER. PRESENT. MAYOR HEPBURN. PRESENT. THANK YOU. SO WE'RE GOING TO OPEN A STUDY SESSION AND WE'RE GONNA GO TO YOU, BOB OR MR. KEESEY. WE'LL GO TO DAN IN A MINUTE. I'LL THROW IN A LITTLE BIT. WE'VE GOT A STUDY SESSION ON TWO ITEMS. OVER THE COURSE OF THE NEXT 60 MINUTES, WE WILL BE DOING THE CAPITAL IMPROVEMENT PROGRAM, THE REPORT ON THE ACTIVITIES WE'VE DONE, AS WELL AS WHAT WE EXPECT TO TAKE ON THIS NEXT YEAR, AS WELL AS WHAT WE EXPECT OVER THE FIVE YEAR, REALLY FOCUSING ON THAT FIFTH YEAR OUT OF PROJECTS THAT WE HAVE ON THAT WILL BE 15 TO 20 MINUTES. AND THEN WE'LL WE'LL DEDICATE THE REMAINDER OF THE TIME. [4. The City Council will meet in a Study Session for the following:] AND DAN. WELL, WE'LL LEAVE. AND THEN MARK [INAUDIBLE] WILL COME IN AND WE'LL DO THE PRELIMINARY BUDGET STUDY SESSION. AGAIN, THIS IS KIND OF A HIGHER LEVEL LOOK. WE'LL GET INTO MORE OF THE WEEDS OF THE BUDGET A MONTH FROM NOW, BUT TRYING TO JUST GET SOME INPUT FROM COUNCIL ON DIRECTION TO PUT THE REST OF THE BUDGET TOGETHER FOR THE NEXT YEAR. SO WE ARE GOING TO ASSUME THAT THIS TECHNOLOGICAL TRICK WORKS. I'M GOING TO DO A SHARE SCREEN OF OUR POWERPOINT PRESENTATION WITH YOU. ARE YOU ALL RECEIVED AN E-MAIL? COPY THEM. I PUT YOURS RIGHT UNDER THE KEYBOARD THERE. SO YOU HAVE A BENEFIT OF THAT COPY TO FOLLOW ALONG, IF YOU'D LIKE AS WELL. SO WITH THAT. WHICH IS THE RIGHT ONE. [INAUDIBLE]. OK. ALL RIGHT. SO HERE WE GO. [INAUDIBLE]. GOOD AFTERNOON, EVERYONE. I'M GOING TO GIVE YOU A QUICK PRESENTATION ON THE CAPITAL PUNISHMENT PROGRAM. WHAT THAT IS WHAT WE'VE DONE IN THE PAST. THIS CURRENT YEAR AND WHAT WE ARE PLANNING TO DO NEXT YEAR AS WELL AS THE NEXT SUBSEQUENT FIVE YEARS. THE CAPITAL IMPROVEMENT PLAN IS IS A DOCUMENT THAT WE USE IN MOST AGENCIES USE FOR THE PURPOSE OF PROGRAMING AND IDENTIFYING PROJECTS AND THINGS, IMPROVEMENTS THEY NEED TO DO TO THEIR COMMUNITIES. IT HAS SEVERAL FOCUSES THAT WE USE IT FOR. IT HELPS US IT HELPS US DEAL WITH THE COMMUNITY'S GOALS AND NEEDS THAT ARE IDENTIFIED IN VARIOUS PLANS AND DOCUMENTS THAT WE PUT TOGETHER OVER TIME. IT ASSISTS US IN DEVELOPING OR IMPLEMENTING, RATHER OUR GENERAL PLAN, THINGS THAT ARE IDENTIFIED IN THE VARIOUS SPECIFIC PLANS, SUCH AS THE OLD TOWN PLAN. IT HELPS US COORDINATE THE ACTIVITIES THAT WE ARE DOING AS A CITY, NOT ONLY WITHIN OUR VARIOUS DEPARTMENTS, TO MAKE SURE THAT WE'RE NOT OVERLAPPING WORK OR OR DOING SOMETHING THAT IS CONTRARY TO WHAT ANOTHER DEPARTMENT MAY BE CONSIDERING. BUT IT ALSO HELPS US COORDINATE PROJECTS THAT THAT OTHER UTILITIES MIGHT HAVE PLANNED IN OUR COMMUNITY AS WELL. THEREBY MISSING THAT THAT WHOLE WE PAID THE STREET. HERE COMES I'LL USE EDISON AS AN EXAMPLE. HERE COMES EDISON DIGGING UP THE STREET, REPLACE THE NEW CABLE OR SOMETHING. THE FOLLOWING YEAR, EVERYBODY SEES COMMUNITIES THAT'S DOING IT ALL THE TIME. AND WE DO OUR BEST TO REALLY AVOID THEM. AND FINALLY, I THINK IT HELPS FOSTER, YOU KNOW, SOME SOUND FINANCIAL PLANNING. OUR REVENUES VARY FROM YEAR TO YEAR. WE USED A VARIETY OF DIFFERENT SOURCES IN DOING THE VARIOUS PROJECTS THAT WE DO. SO IT'S SOMETHING THAT WE REALLY FOCUS OUR TIME ON TO MAKE SURE THAT WE CAN DO THESE [00:05:01] THINGS THAT COMMUNITY, THE CITY NEEDS DONE OVER TIME. SO THE CURRENT VERSION OF THE CAPITAL IMPROVEMENT PROGRAM, WHICH I BELIEVE YOU ALL HAVE A COPY OF YOUR SCREEN ON. [INAUDIBLE]. ARE YOU ALL HEARING US OK? THE POWERPOINT IS STUCK. YEAH, SAYS THE PATH OR FILE NAME. BLAH, BLAH, BLAH. I GOT. WELL. OH, SO CLOSE THAT ONE. YEAH. ALL RIGHT. [INAUDIBLE]. . WE'RE ALL STILL LEARNING ZOOM. DOES EVERYBODY HAD THE POWERPOINT, THOUGH, IN FRONT OF THEM? THAT IF WE EACH HAVE OUR OWN. AND YOU JUST HAVE YOURS, WE COULD GO OFF THAT? [INAUDIBLE] OUR RESIDENTS DON'T HAVE IT. YES. WHAT IS THE LAST ONE I SENT YOU AT TWO O'CLOCK. OK. ARE YOU SHARING IT YET? WE'RE NOT SEEING IT. WE SEE JUST OURSELVES AND YOU GUYS. [00:10:07] I DIDN'T KNOW ANY BETTER, I'D SAY THAT WAS A SHUFFLEBOARD IN A BAR, BUT I DON'T KNOW FOR SURE. THERE YOU GO. WE'LL FIND OUT. [INAUDIBLE]. YEAH. ALL RIGHT. NOW WE'RE GOING. SO WHERE I LEFT OFF HERE. CAPITAL IMPROVEMENT CAPITAL IMPROVEMENT PROGRAM OUTLOOK, WE DEVELOPED THIS CURRENT VERSION OF OUR CAPITAL IMPROVEMENT PROGRAM IN 2013. WELL, BEFORE THIS, WE NEVER REALLY HAD A GOOD FIVE YEAR PLAN. IT'S ESSENTIALLY JUST A WISH LIST THAT WAS INCORPORATED INTO OUR BUDGET THAT ALL THE VARIOUS DEPARTMENTS WANTED TO TO ACCOMPLISH TO FORWARD THEIR MISSION, TO MAKE THE IMPROVEMENTS THAT THEY NEEDED TO RUN THEIR DIVISIONS OR TO RESPOND TO COMMUNITY NEEDS. SINCE WE WE CREATED THIS 2013 VERSION, WE'VE DELIVERED ABOUT TWENTY FOUR MILLION DOLLARS WORTH OF PROJECTS OVER THE SIX, SEVEN YEAR PERIOD. AND IN THIS COMING YEAR, WE HAVE ANOTHER EIGHT MILLION OR SO PLAN. WE HAD SEVERAL OTHER PROJECTS THAT WERE GOING TO BE BROUGHT FORWARD THAT HAD NOT BEEN ACCOMPLISHED IN THIS THIS PRESENT YEAR OR OR WERE CARRIED OVER FROM PREVIOUS CIP IS FOR A VARIETY OF REASONS BECAUSE A COORDINATION WITH OTHER AGENCIES, LACK OF FUNDING. JUST GENERAL WORKLOAD AND TRYING TO IMPLEMENT FIFTEEN OR SO CAPITAL IMPROVEMENT PROGRAMS. WE TOOK SOME OF THOSE PROJECTS AS WELL AND MOVED THEM TO OTHER YEARS. THAT MADE MORE SENSE. THOSE THAT COULD BE PUT OFF ANOTHER COUPLE OF YEARS. WE PUSHED OUT INTO THE TWENTY TWO TWENTY THREE PERIOD. AND THINGS LIKE THAT. BUT IN THE CURRENT YEAR WE'VE GOT. ROUGHLY 12 PROJECTS THAT ARE MOVING UP FROM PREVIOUS YEARS. THOSE ARE PROJECTS THAT WEREN'T FUNDED. PREVIOUSLY OR POSTPONE FOR A VARIETY OF REASONS, I JUST MENTIONED, THAT WE'RE BRINGING FORWARD SOME NEW PROJECTS THAT WE'RE IN THE FIVE YEAR PLAN AND THAT THAT TOTALS ABOUT TWENTY FIVE PROJECTS AND EIGHT POINT ONE MILLION DOLLARS. WE HAVE ANOTHER 40 PROJECTS IN THE FIVE YEAR PLAN THAT WILL TOTAL ABOUT THIRTY SIX MILLION DOLLARS. AND ONE THING TO NOTE HERE, TOO, IS. WITH OUR 2017, 2018 STUDY STRATEGIC PLANNING SESSION IN WHICH YOU ADOPTED THE FISCAL SUSTAINABILITY PLAN. ONE OF THE THINGS TO SAVE MONEY AT THAT TIME WAS TO DROP THE CONTRIBUTIONS THAT THE CITY'S GENERAL RESOURCES PROVIDE TO THE CIP, WHICH WAS ABOUT TWO HUNDRED AND FIFTY THOUSAND DOLLARS EACH YEAR AT THE TIME. WE WERE DROPPING THAT FOR A COUPLE OF YEARS. EVEN WITH THAT. FUNDING RESTORED. WE'RE STILL GOING TO HAVE DIFFICULTY MEETING OUR OBLIGATIONS IN THIS CURRENT PLAN. THERE'S ONLY ABOUT TWO THIRDS OF OUR PROJECTS WOULD BE SUPPORTED WITH THE AVAILABLE FUNDING. DURING THE CURRENT YEAR, WE EXPECT WE WILL ACCOMPLISH TWELVE OF THE TWENTY THREE PROJECTS THAT WERE FUNDED IN THE 1920 PERIOD. YOU CAN SEE BY THE SLIDE THERE WERE 33 THAT WERE PROPOSED IN THIS PARTICULAR YEAR, SEVERAL OF WHICH DID NOT RECEIVE FUNDING BECAUSE IT JUST WE JUST LACK THE RESOURCES TO DO THAT. SEVERAL OF THOSE PROJECTS WE'VE CARRIED FORWARD INTO THIS COMING YEAR AND THEY WILL BE FUNDED. WE HAVE NINE PROJECTS, AS I MENTIONED EARLIER, THAT WE PUSHED OUT TO A FEW [00:15:01] YEARS OUT. BASED ON WHEN WE BELIEVE FUNDING IS AVAILABLE AND HOW WE CAN INCORPORATE EXCUSE ME, HOW WE CAN INCORPORATE MANAGEMENT OF THOSE PROJECTS INTO OUR WORKLOAD. WE WERE JUST GETTING STACKING UP TOO MANY PROJECTS. COUPLE OF HERE, A COUPLE EACH YEAR. THEN THEN WE JUST HAVE TOO MANY PROJECTS THAT WE ARE TRYING TO TAKE ON. IT WOULD NOT BE ABLE TO ACCOMPLISH THEN WITH OUR WORKLOAD AND STAFFING GOALS. AS THE SLIDE INDICATES, ALL THE PROJECTS IN THE COMING YEAR ARE FUNDED VERSUS. LAST YEAR, WHERE WE HAD THE DROP FUNDING FOR ABOUT A HALF DOZEN DIFFERENT PROJECTS. THESE ARE THE PROJECTS HERE THAT ARE BEING FUNDED. TWENTY FIVE OF THEM WERE MENTIONED, THE FIRST FOUR PROJECTS, PAPER MANAGEMENT EQUIPMENT, REPLACEMENT, WATER LINE, SEWER LINES. THOSE ARE CONTINUING PROJECTS THAT ARE THAT ARE LISTED THERE EVERY YEAR. THE PAYMENT MANAGEMENT WILL CHANGE BASED ON FUNDING LEVELS THAT ARE REQUIRED BY OUR PAYMENT MANAGEMENT PROGRAM, WHICH IS A SEPARATE PLAN FOR THIS CIP EQUIPMENT EQUIPMENT REPLACEMENT PROGRAM LOOKS TO REPLACE VARIOUS PIECES OF EQUIPMENT USED THROUGHOUT OUR WORKFORCE EACH YEAR. AND WE PROGRAM THESE THINGS JUST TO HAVE A GOOD SENSE OF HOW WE'RE GOING, HOW WE'RE DOING. AS FAR AS OUR REPLACEMENT OR MAINTENANCE NEEDS ARE GOING. THE WATER LINE, A SEWER LINE, REPAIRS ARE MINIMALLY FUNDED. EACH YEAR IT'S SEVENTY FIVE THOUSAND DOLLARS. TYPICALLY, WE DON'T HAVE TO USE THAT MONEY. BUT IS THERE SHOULD WE HAVE A PARTICULAR OR A BLOW OUT THAT IS UNFORESEEN THAT WE NEED TO RESPOND TO AND SAY WE'RE NOT. IT'S NOT MOVING? YEAH. THEY'RE NOT SEEING THIS SLIDE. WE'RE SEEING SLIDE 2. WE'RE ON FOUR NOW. WE'RE ON THE SLIDE. THAT AS THE EIGHT POINT ONE AT THE TOP OF THAT. YEAH, RIGHT. IT'S NOT IT'S NOT SHOWING . OK. SO JUST DO IT THAT WAY. OK. WE GOT IT. WE'LL JUST ROLL THROUGH IT RATHER THAN. OK. THANK YOU. THE NEXT FEW PROJECTS. TRAFFIC SIGNAL WHEELER SOUTH DOWN TO MAINIERO SQUARE. EACH OF THOSE PROJECTS ARE BEING CARRIED OVER FROM PREVIOUS YEARS. THEY HAD NOT BEEN ACCOMPLISHED FOR A NUMBER OF DIFFERENT REASONS. WE HAVE FUNDED EACH OF THESE PROJECTS IN THE COMING YEAR. SIMILARLY, THE PROJECTS. LAS FLORES PARK PLAYGROUND IMPROVEMENTS ALL THE WAY THROUGH TO THE MULTI-USE PROJECTS. TRAIL IMPROVEMENT PROJECTS. THOSE PROJECTS ARE ACTUALLY IN THE CURRENT YEAR, BUT THAT DID NOT RECEIVE FUNDING BECAUSE WE DIDN'T HAVE THE RESOURCES TO ACCOMPLISH WHAT OTHER PRIORITIES WERE CONSIDERED FOR THE CURRENT YEAR. SO THEY ARE BEING CARRIED FORWARD A YEAR AND THEY ARE ALL BEING FUNDED IN THE 2021 PERIOD. NEW PROJECTS COMING FORWARD FROM THE FIVE YEAR PLAN INCLUDE THE FACILITIES ROOFING, BETTS HALL, RESTROOM UPDATE, RADIO REPEATER, MOUNTAIN SPRINGS RESERVOIR IMPROVEMENTS, SOME ENGINEERING THAT IS BEING SOUGHT AT STATION ONE FOR A ROOM ADDITION AND ARROW HIGHWAY PROJECT. THIS IS A BRAND NEW PROJECT THAT WE ARE TRYING TO PURSUE JOINTLY WITH THE CITY OF POMONA TO REDO ARROW HIGHWAY EAST OF WHITE AVENUE. THE BULK OF THAT ROAD IS IN POMONA. CONTINUATION OF THE TREE LIGHTING IN OLD TOWN, PARTIALLY FUNDED BY THE DOT COM BUSINESS GROUP, INSTALLATION OF A GENERATOR AT LIVE OAK RESERVOIR PUMPING STATION. THIS IS PRETTY MUCH IN RESPONSE TO EDISON'S PUBLIC SAFETY POWER SHUTOFFS AND THE CRITICAL NEED THAT THAT PUMP STATION SERVES. AND THEN WE HAVE THE HAWTHORNE STREET RECONSTRUCTION, WHICH IS A JOINT CONSTRUCTION PROJECT WITH THE HILLCREST HOMES AND THEIR NEW HAWTHORNE PROJECT. [00:20:05] WITH THE FIVE YEAR WE'VE GOT 40 PROJECTS I MENTIONED EARLIER. PROGRAMS INTO THE TWENTY FIVE TWENTY SIX PERIOD, THOSE PROJECTS AMOUNT TO THIRTY SIX MILLION DOLLARS ACROSS ALL OF OUR VARIOUS FUNDING SOURCES. OUR VARIOUS FUNDING SOURCES FOR THOSE OF YOU THAT AREN'T AWARE, INCLUDE RESTRICTED FUNDS SUCH AS THE WATER FUND WILL BE USED FOR WATER RELATED ACTIVITIES. THE GENERAL FUND, WHICH COULD BE USED FOR UNRESTRICTED ACTIVITIES AND IMPROVEMENTS AND THINGS LIKE GAS TAXES. PARK DEVELOPMENT FEES, WHICH ARE DEVELOPER DRIVEN AND ONLY PROVIDED MONEYS WHEN DEVELOPMENT OCCURS. WE HAVE SIX NEW PROJECTS REQUESTED. IN THAT IN THAT FIFTH YEAR PERIOD, THE TWENTY FIVE POINT SIX PERIOD, THEY INCLUDE THE NEW FLOORING IN THE COMMUNITY CENTER. AND LOOKING AT THE REPLACING OUR FINANCIAL SYSTEM, THE ENTERPRISE SYSTEM FOR THAT OPERATES ALL OF OUR BILLING AND ACCOUNTING SOFTWARE PROGRAMS, WORKING THE PLAN FOR THAT REPLACEMENT. AND WITH THE DEVELOPMENT OR IMPLEMENTATION OF THE EIFD THE ENHANCED INFRASTRUCTURE FINANCE THE DISTRICT. WE'VE NOW BROUGHT FORWARD SOME OF THE PROJECTS THAT WERE IDENTIFIED IN THAT PLAN INTO THE CIP FOR PROGRAMING AND EVENTUAL CONSTRUCTION. THOSE INCLUDE THE ARROW MEDIANS. THAT WOULD BE NEW LANDSCAPING ENHANCEMENTS THAT WOULD BE PROVIDED ALONG THE HIGHWAY THERE. EIFD BOUNDARIES, RELOCATION OF THE OVERHEAD UTILITY LINES, UNDERGROUND UTILITY LINES THAT ARE ON THE SOUTH SIDE OF THE STREET BETWEEN WHITE AND FAIRPLEX IN THE TRANSIT AREA LIGHTING DISTRICT AND THE PEDESTRIAN BRIDGE THAT WE ARE CURRENTLY IN, STARTING WITH JOINTLY WITH THE MUSEUM AND GRANT THE MEASURE M MONEY FROM THE [INAUDIBLE]. ONE THING I NEED TO POINT OUT IS THERE'S THIS PARTICULAR CIP, PARTICULARLY THE FIVE YEAR, RELIES HEAVILY ON GRANTS. ABOUT A THIRD OF WHAT THIS PROGRAM IS REQUIRED OR WE'RE EXPECTING TO TO RECEIVE A GRANT FOR THAT COULD OR COULD NOT HAPPEN. IT'S HARD TO SAY THEY ARE ALL PROJECTS THAT THAT. SHE'D HAVE MULTIPLE OPPORTUNITIES FOR DIFFERENT GRANT SOURCES. BUT IT IS UP TO THEM TO PAY ATTENTION TO BECAUSE HER ANSWER OR NOT GIVE IT. AND. WITH FUNDING RESTORED FROM THE GENERAL FUND BACK INTO THE CIP, THAT CONTRIBUTION OF TWO HUNDRED TWO HUNDRED FIFTY THREE, FIFTY THOUSAND DOLLARS AT VARIOUS THROUGHOUT DIFFERENT YEARS. WITH THAT CONTRIBUTION, RESTORE BASED ON DISCUSSIONS THAT WERE HELD DURING THE STRATEGIC PLAN AND THE ADOPTION OF THE PLAN AT THE TIME, WE CAN REDUCE WHAT OUR GAP IS TO ACCOMPLISH SOME OF THE PROJECTS THAT ARE FUNDED PRIMARILY BY GENERAL FUND. AND FINALLY, TO SUMMARIZE THESE THINGS. PROJECT FUNDING FOR FOR THE COMING YEAR. JUST ONE EPISODE FUNDED. AND I FEEL GOOD THAT WE CAN PUBLISH ALL OF THE PROJECTS ON THAT LIST. SEVERAL OF THEM ARE ALREADY ENGINEER. MANY, MANY ARE GOING TO GO OUT. FIRST PART OF THE FISCAL YEAR SO WE CAN GET SOME OF THESE THINGS GOING. THERE ARE A COUPLE THAT ARE GOING TO REQUIRE SOME SOME EFFORT, SUCH AS THE PUBLIC SAFETY FENCING. THAT'S A PROJECT THAT PUBLIC SAFETY WOULD LIKE TO PURSUE TO PROVIDE ADDITIONAL PROTECTIONS FOR THEIR EMPLOYEES AND THEIR OPERATIONS AROUND AROUND THE STATION THERE. THEY'RE GOING TO HAVE TO GET SOME COMMUNITY BUY-IN AND SOME SOME BUSINESS BY IT TO OFFSET IT. SO THERE ARE THERE ARE OTHER PROJECTS LIKE THAT THAT WILL TAKE SOME TIME. AGAIN, YOU KNOW, THIS IS THIS IS HEAVILY RELIES ON GRANT FUNDING, WHICH IS MORE THAN 12 MILLION DOLLARS. WE STILL LACK RESOURCES TO DO EVERYTHING THAT WE WANT TO DO IN A FIVE YEAR PERIOD, EVEN THOUGH OUR OUTLOOK IS IMPROVED. AS I SAID, MUCH OF THIS, NOT MUCH, BUT MANY OF THESE THESE FUNDS ARE ARE WE THEIR REVENUES [00:25:06] FROM DEVELOPMENT THROUGH DEVELOPER IMPACT FEES? WHAT I'D LIKE TO POINT OUT IS THE PARKS DEVELOPMENT FUND. NOBODY GOES INTO THAT FUND UNLESS THERE IS DEVELOPMENT AND WE CAN FORECAST WHAT WE SEE AS POSSIBILITIES NEXT YEAR OR EVEN FIVE YEARS OUT. BUT IF THOSE THOSE FORECASTS, THOSE DEVELOPMENTS DON'T OCCUR AND BELIEVE ME, THOSE FORECASTS COVER UP THE WINDOW. THANK YOU. NOW, IF THOSE THINGS DON'T OCCUR, THOSE MONEYS DON'T COME YET. WE CAN'T DO THE PROJECTS THAT ARE BEING SUPPORTED BY THE PARK DEVELOPMENT FUND. AND. I THINK THAT'S PRETTY MUCH PRETTY MUCH IT. I MEAN, IF YOU HAVE ANY QUESTIONS, HAPPY TO ANSWER THEM. WE CAN GET YOU OVER TO YOUR REGULAR BUDGET. THE ONLY THING BEFORE THAT I'D LIKE TO ADD IS THE GROWING TO THE SHORTAGE SHORTAGE. I'LL CALL IT OF THE GENERAL FUND FOR SURE. YOU KNOW, PART OF THAT IS THOSE NOW SUGGESTED WAS A STRATEGY THAT WE EMPLOYED AS PART OF FISCAL SUSTAINABILITY IN THE CURRENT BUDGET, DOES NOT ANTICIPATE CURRENT OPERATING BUDGET. WE'LL TALK ABOUT IT. IT DOES NOT ANTICIPATE NEW CONTRIBUTION INTO THE CIP. BUT ONE OF THE THINGS THAT WE LOOKED AT OR WE TENDED TO DO STILL EXPECT IS THAT WITH THE SALE OF THE AMHERST PROPERTY, PART OF THE PROCEEDS THAT WERE KIND OF IDENTIFIED TO GO AND MAKE UP FOR THE SHORTAGES THAT WE HAVE CREATED AS A RESULT OF THE CAPITAL IMPROVEMENT PLAN, MATCHING A ONE TIME REVENUE WITH THE ONE TIME LARGER EXPENDITURES. SO EVEN THOUGH WITH SO SHORTAGES NOW GOING INTO THE FIVE YEARS, THERE IS A PLAN IN PLACE TO BE ABLE TO RE REPLACE THAT FUNDING. OR SO THAT WE CAN DO THOSE PROJECT. WHERE ARE WE AT WITH THAT, BOB. I KNOW THAT AS FAR AS THE AMHERST PROJECT, THE PROPERTY. SO IT'S STILL ONLINE. THERE IS A REQUEST. WE'LL NEED TO BRING IT BACK TO YOU. WE JUST GOT IT LAST WEEK FOR AN EXTENSION OF ESCROW. BUT FOR ANOTHER SIX MONTHS. BUT HE'S IN NO WAY INDICATED HE'S GOING TO BACK OUT. HE'S JUST JUST LOOKING FOR A LITTLE BIT MORE TIME TO DO THE DUE DILIGENCE THAT HE NEEDS TO KEEP IN THIS GAP THAT'S BEEN CREATED. AND HIS TEAM HAS BEEN IN PRETTY MUCH CONSTANT CONTACT WITH MY DEPARTMENT, TRYING TO IDENTIFY. THE ISSUES THAT THEY NEED TO OVERCOME AS PART OF THE PROJECT THAT THEY'RE OPPOSING, SO THEY ARE THEY ARE WORKING ON AN ACTUALLY. THAT CREATES A NICE BACKFILL, THAT WOULD BE GREAT. GREAT QUESTIONS. MR. CROSBY. MORE OF A COMMENT, MR. KESSEY. I JUST WANT TO THANK YOU. I KNOW LAST WEEK YOU SAT DOWN WITH ME FOR AN HOUR AND A HALF, ALMOST TWO HOURS, GOING THROUGH THIS WITH ME AND REALLY APPRECIATE THE WORK YOUR TEAM HAS DONE ON THE PROJECTS THAT, THOUGH, MOVED FROM ONE YEAR AND GET PUSHED BACK TO THE NEXT. THOSE PROJECTS NEED TO BE COMPLETED, BUT THEY'RE NOT ESSENTIAL OR EMERGENCY PROJECTS. CORRECT. THAT'S CORRECT. YOU KNOW, THEY MAY HAVE A VARIETY OF DIFFERENT PRIORITIES. I DON'T KNOW EXACTLY WHAT EACH ONE ARE, BUT BUT, YOU KNOW, WE LOOK AT A COUPLE OF DIFFERENT. ISSUES WHEN WE TRY TO PRIORITIZE PROJECTS AS AS A GROUP OF DEPARTMENT HEADS HERE. AND THE FIRST IS, IS IT A SAFETY PROJECT? I MEAN, WE ARE WE ARE HEAVILY RISK AVOIDANCE HERE. [INAUDIBLE]. I DO. WE ARE HEAVILY AT RISK OF WHAT IT'S ALL THE THINGS THAT WE CONSIDER KIND OF DISORDER WHEN WE LOOK AT OUR PROJECTS. IS IT A SAFETY ISSUE NUMBER ONE? NUMBER TWO, IT IS AN OPERATIONAL NEED. THE ARMY NEEDS TO CONDUCT THEIR BUSINESS. IS THERE A LEGAL REQUIREMENT THAT WE HAVE TO IMPLEMENT SOMETHING? DOES IT GENERATE MONEY FOR US? IF WE CREATE A COMMUNITY CENTER, WE CAN RENT IT OUT TO GENERATE SOME MONEY. DOES IT. DOES IT GENERATE AN OPERATIONAL EFFICIENCY? WELL, IT'S SAVES US MONEY. AND WHAT WE DO AS PART OF OUR JOBS, DOES IT. DOES IT HAVE COST AVOIDANCE ATTACHED TO IT? WELL, IT WILL PREVENT US FROM SPENDING MONEY IN THE FUTURE. AND, OF COURSE, ALWAYS IN THE GENERAL COMMUNITY VALUE OF A PROJECT. WHAT'S THE COMMUNITY BENEFIT? WHAT'S THE COMMUNITY NEED? [00:30:01] WHAT'S THE COMMUNITY DESIRE FOR THAT PARTICULAR PROJECT? SO THOSE ARE THE THINGS THAT WE LOOK AT IN TRYING TO ESTABLISH PRIORITIES FOR THE PROJECT. THANK YOU. AND THANK YOUR TEAM ESPECIALLY FOR DOING THIS. THIS HELPS TO REALLY PLAN OUT INSTEAD OF JUST HOPING AND USING THE MONEY WHEN IT COMES, BUT REALLY MAKING PLANS TO REALLY FOCUS WHAT TO DO NEXT. AND AN UPDATE EVERY FIVE YEARS IS AN EXCELLENT WAY TO DO THAT. SO THANK YOU AND YOUR QUESTIONS FOR MR. KEESEY. NO, NO QUESTIONS. BUT I WOULD LIKE TO ECHO THE SAME SENTIMENT THAT, YOU KNOW, I APPRECIATE THE TIME BOTH DAN AND BOB SPENT, YOU KNOW, ANSWERING SOME QUESTIONS AND OUTLINING SOME OF THIS. BUT I DO THINK THAT WE'VE GOT A GOOD BLUEPRINT AND STRATEGY FOR HOW TO ADDRESS THE ISSUES AND NEEDS OF THE COMMUNITY IN A THOUGHTFUL WAY, YOU KNOW, AVOIDING RISK, MITIGATING OUR EXPOSURE TO ANY LIABILITIES AND MAKING SURE THAT WE ARE BEING COMPLIANT. SO THANK YOU FOR ALL THAT HARD WORK AND FOR ANSWERING MY QUESTIONS PRETTY QUICKLY WHEN THEM. THANK YOU. ANY OTHER QUESTIONS? AGAIN, I WANT TO ECHO MR. KEESEY AND YOUR STAFF AS A COUPLE. A FEW OF US HAVE BEEN ON HERE FOR A WHILE. AND THESE THESE CIP BUDGETS REALLY, REALLY GIVE US A GREAT AVENUE AND DIRECTION TO GET OUR STUFF DONE. BUT AS COUNCIL MEMBER LAU JUST SAID, THAT SOME OF THE THINGS THAT WE REALLY NEED TO PAY ATTENTION TO, WE DON'T HAVE A CHOICE SINCE WE HAVE TO BE REALLY CAREFUL ON THOSE. BUT IT'S BEEN WORKING REALLY WELL, ESPECIALLY THE STREET IMPROVEMENTS WE'VE BEEN DOING. A LOT OF PEOPLE REALLY, REALLY SEE THAT AND THEY REALLY LOVE IT. YOU'VE HAD A LOT OF COMMENTS FOR THAT POSITIVE FEEDBACK. SO THANK YOU FOR THE HARD WORK. WE APPRECIATE IT. AND HOPEFULLY WE CAN GET THAT AMHERST PROPERTY AND BOLSTER OUR BUDGET. AND WE WILL HOLD THIS. WE WILL NOW FOLD THIS INTO YOUR BUDGET. THAT WILL COME FOR APPROVAL A MONTH TO SIX WEEKS FROM NOW. SO NOW, IF I CAN TRY NOT TO SCREW THIS UP AND I'M GOING TO TRIANGLE BACK TO THESE SLIDES AND SHARE THAT. OK. SO I THINK I GOT US THERE. SO I WILL NOW. AND MARCUS IS NOW MOVED INTO THE ROOM, REPLACED DAN. SO I'D LIKE TO DO IS JUST TAKE YOU THROUGH A PRELIMINARY BUDGET REVIEW AND TO GIVE CONTEXT. THIS DISCUSSION IS REALLY THAT I WILL SHOW THE PROCESS WE'VE TAKEN TO THIS POINT FOR COUNCIL AND THE BENEFIT OF THE COMMUNITY MIGHT BE WATCHING. AND THIS ISN'T JUST WE THREW THIS TOGETHER. IT WAS WORK THAT WENT ON FROM FEBRUARY TILL NOW. AND I'M NOW AT A POSITION WHERE I'M GETTING READY TO ADVANCE TO THE DEPARTMENT HEADS TO PUT TOGETHER THE DETAILED BUDGET SO WE CAN PRESENT IT TO COUNCIL AND THAT WILL HAPPEN. IT IS INTENDED TO HAPPEN AT YOUR SECOND MEETING IN JUNE. I WILL TELL YOU THAT GIVEN THE COVID ISSUES THAT WE'VE HAD, THE ONLY ISSUE THAT'S CREATED FOR US IS HAD TO SHIFT OUR TIMING ABOUT TWO WEEKS. SO WHERE I WOULD HAVE LIKED TO HAVE HAD THIS MEETING TWO WEEKS AGO AND THEN HAD YOUR SUBSEQUENT PRELIMINARY YOUR SECONDARY BUDGET REVIEW AT THE FIRST MEETING IN JUNE, I SHIFTED EVERYTHING TWO WEEKS. AND IN DOING SO, WHAT I WILL LIKELY DO WAS JUST ASK YOU TO HAVE A SPECIAL MEETING JUST TO DO THE CONSENT CALENDAR APPROVAL OF THE BUDGET RATHER THAN PUSHING ALL THAT ON ONE AGENDA. SO WE'LL STILL GET IT DONE BY THE END OF JUNE AS IS REQUIRED. BUT OTHERWISE THERE'S JUST GOING TO BE THAT SLIGHT SHIFT TO GIVE US THAT EXTRA LATITUDE. AND BEFORE I MOVE ON, I JUST WANT TO MAKE SURE AND THE COUNCIL WILL SEE THESE SCREENS. IT SAYS PRELIMINARY AND MOVING INTO TIME. YES, IT'S MOVING ACCURATELY. BUT THAT WORK. SO BEFORE WE JUMP IN, ANY ALSO PRELIMINARY QUESTIONS THAT EVERYBODY HAS. OR DO YOU JUST WANT TO DIVE INTO THE PRESENTATION? NOW, I WOULD JUST LIKE TO WELCOME MARK. HI, MARK. HI, ROBIN. HI, MUIR. I HAVEN'T SEEN YOU GUYS IN A WHILE. GOOD TO SEE YOU AGAIN, MARK. MARK. HELLO. HELLO, WENDY. HELLO, RICK. I HAVEN'T MET YOU YET, BUT NICE TO MEET YOU. NICE TO MEET YOU. AND THAT'S PROBABLY A GOOD PLACE TO START OFF, YOU KNOW, MARK CAME ON BOARD END OF MARCH AND AS TO ASSIST KRISTIE, AND HELPING TO NOT ONLY DEAL WITH THE COMPLICATIONS OF THE MOMENT WE'RE IN, BUT ALSO TO MOVE US FORWARD. SO HE'S DONE A REALLY GOOD JOB OF GETTING UP TO SPEED UNDERSTANDING. BUT BECAUSE EVERY CITY IS A LITTLE DIFFERENT IN HOW THEY APPROACH IT AND THEIR REVENUE STRUCTURE AND THEIR EXPENDITURES. SO HE HAD TO COME TO UNDERSTAND WHAT IT WAS. WE HAD TO HELP GIVE SOME GOOD GUIDANCE. AND YOU'VE REALLY DONE THAT'S WHAT I REALLY APPRECIATE YOUR WORK ON THIS. SO TO START OFF, WE'VE STARTED THIS PROCESS BACK IN FEBRUARY, MARCH, AND WE BASICALLY THE REQUEST GOES OUT TO THE DEPARTMENTS TO EVALUATE THEIR CURRENT YEAR ESTIMATES FOR THE END [00:35:02] OF THE YEAR, BECAUSE THAT'S PART OF THE PUZZLE AS WELL AS IN THE UPCOMING BUDGET. ON A PERSONAL OPERATIONAL SIDE, THEN BRING IT FORWARD. AND YOU JUST SEE, I BROKE DOWN. THE COUNCIL SLIDES INTO JUST ONE. SO YOU DON'T HAVE SIX TIMELINES SLIDE JUST THAT ONE THAT HAS ON THERE. BUT THEN FROM THEIR FINANCE THEN PUTS TOGETHER THEIR PROJECTIONS AS IT RELATES TO REVENUES AND THE RESOURCES WE EXPECT TO HAVE GOING INTO THE NEW YEAR. AND THEN WE COME, AND THAT HAPPENS IN MARCH. THEN IN EARLY APRIL, FINANCE TAKES THE BUDGET WORKSHEETS, PUTS THEM TOGETHER, AND MOST OF PERSONNEL IS DRIVEN JUST BASED ON THE OBLIGATIONS THAT EXIST, THE NUMBER OF AUTHORIZED POSITIONS. WE HAVE THE BENEFITS THAT ARE GOING TO BE THAT THERE'S REALLY NOT MUCH THAT'S REQUIRED OF THE DEPARTMENT. MOST OF THAT HAPPENS AT THE FINANCE SIDE. IT'S JUST THE DEPARTMENT SAYING WHAT THEIR NEEDS ARE. AND IF THEY'RE IN ADDITION TO WHAT THE CURRENT YEAR IS, IT'S TYPICALLY NOT REDUCED. THEN WE MOVE INTO LATE APRIL. THAT'S WHEN THERE IS THE BACK AND FORTH OF THE DISCUSSION WITH EACH OF THE DEPARTMENTS AT MY LEVEL AND FINANCE TRYING TO TAKE THE RESOURCES THAT WE HAVE AND MIRRORING THAT WITH THE NEEDS AND TRYING TO BRING THOSE TO CLOSE TO IN LINE AS POSSIBLE SO THAT WHEN WE'RE PRESENTING A BUDGET OR DEVELOPING A PRELIMINARY BUDGET THAT YOU HAVE TODAY, WE WE HAVE A PRETTY REASONABLE EXPECTATION OF WHAT WE WHAT I FEEL COMFORTABLE IN ADVANCING TO COUNCIL TO MAKE A SUGGESTION IF THERE'S A NEED OF USE OF RESERVES OR THERE IS OTHERWISE GOING TO BE THE SURPLUS THAT WE DO NOT NEED TO PUT TO USE. AND I WILL SAY THAT IN THE MAKEUP OF THE BUDGET, I THINK IT'S IT'S GOING TO CERTAINLY BE DIFFERENT FOR THIS NEXT YEAR. AND CERTAINLY, AS I OUTLINED THE APPROACH. YOU'LL SEE THAT AS WELL. YOU KNOW, WE WE LOOK AT OUR BUDGET AND WE LOOK AT WORST CASE EXPENDITURES. WE LOOK AT AS IF WHEN I PUT IT TOGETHER PREVIOUSLY, IT'S EVERY POSITION IS COMPLETELY FILLED IN. EVERY EXPENSE THAT IS IN THERE IS BEING APPROPRIATED TO THE FULL EXTENT OF THE YEAR. AND THEN ON THE REVENUE SIDE, WE TEND TO BE A LITTLE BIT MORE CONSERVATIVE AND TYPICALLY ARE GOING TO BUDGET A LOWER REVENUE, NOT INTENTIONALLY, BUT THAT WE KNOW WE'RE GOING TO BE. AND THEN IT USUALLY COMES IN THE IRS. SO WE HAVE THIS LITTLE BIT OF A VARIANCE THAT WE KNOW THAT WE'RE GOING TO HAVE. AND USUALLY IT'S ON THE FAVORABLE SIDE BECAUSE I'D RATHER BE OVER EXPECT THAT ON EXPENDITURE THAN HAVE TO COME BACK TO YOU AND SAY, I NEED ADDITIONAL MONEY OVER HERE. WE HAVE GENERALLY BEEN VERY GOOD AT THAT THIS YEAR. NOT SO MUCH FOURTH QUARTER IS GOING TO BE A LITTLE BIT DIFFERENT. SO THEN MOVING INTO WE'RE AT MID-MAY AND THE BUDGET REFLECTS THAT. THAT'S WHEN WE BRING THE FIRST LOOK TO COUNCIL IN THIS STUDY SESSION. AND AGAIN, IT'S TO SEE, YOU KNOW, TO SHOW WHERE WE SEE THE BUDGET BEING AND THEN LOOKING FOR YOUR DIRECTION ON HOW WE EXPECT TO MOVE MOVE FORWARD AS IT RELATES TO WHAT WE SEE THE REST OF THIS YEAR AS THEN LOOKING INTO THE BUDGET FOR NEXT YEAR. NEXT STEP FROM THAT IS THAT AFTER THIS, WE WILL GIVE DIRECTION, DEPENDING ON COUNCIL COMMENTS, TO PUT TOGETHER A MORE DETAILED BUDGET FOR THE INDIVIDUAL DEPARTMENTS, TO THEN BE PREPARED TO GET TO COUNCIL IN ADVANCE OF THE MID JUNE WORKSHOP SO THAT YOU HAVE AN OPPORTUNITY TO LOOK AT THOSE. AND THEN YOU'LL GET PRESENTATIONS FROM THE INDIVIDUAL DEPARTMENTS ON THEIR RESPECTIVE REQUEST FOR THE COMING YEAR FOR COUNCIL TO REVIEW AND MAKE COMMENTS. AND THEN, AS I SAID IN LATE JUNE, THE FINAL BUDGET IS PREPARED OR PUT ON YOUR AGENDA OR HOPEFULLY COMPRISED OF. OK, I'LL STOP THERE FOR A MINUTE. AS CROSSOVER AS THE QUESTIONS ON THE TIMELINE OR THE PROCESS THAT WE USE, PUT TOGETHER THE BUDGET AT THIS POINT. ANY QUESTIONS FOR COUNCIL? WE'RE GOOD TO ROLL. OK. SO AS I STATED BEFORE, I FOR THOSE OF YOU WHO'VE DONE THE BUDGET FOR THE LAST SEVERAL YEARS WITH ME, THIS IS GOING TO BE A DIFFERENT APPROACH THAN WHAT I'VE DONE AND IN THE PAST. AND IT REALLY IS ALL BASED ON. THE PREDICT THE PROJECTIONS THAT WE TYPICALLY BUILT ARE BASED ON THE PAST AND WE HAVE A GOOD INDICATION OF WHAT THAT FUTURE WOULD LOOK LIKE OR WE REALLY DON'T HAVE A GOOD HANDLE ON WHAT THAT'S GOING TO BE. SO WE HAVE TO SHIFT IT A LITTLE BIT. AND THE FIRST PART OF THAT IS IN THE LOOK IS THE EFFECT ON OUR REVENUES ON FOURTH QUARTER THAT COVID HAS HAD. MOST OF IT'S BEEN COVERED. THERE'S ONE ON THERE, THE INSURANCE BILLING THAT'S BEEN DUE TO OUR DEPLOYMENT. BUT NONETHELESS, IT'S BEEN AN EFFECT ON OUR FOURTH QUARTER REVENUES ON ALL OF THESE CAPITAL SALES TAX PARKING FINES, BECAUSE WE WE SUSPENDED OUR OVERNIGHT PARKING AS WELL AS WE DON'T HAVE THE NUMBER OF CARS IN THE DOWNTOWN BECAUSE OF THE UNIVERSITY AS WELL AS [00:40:01] OTHER ACTIVITIES. SO THAT HAS HAD AN EFFECT ON THOSE BUSINESS LICENSES. WE'VE COLLECTED A MAJORITY OF THOSE FOR THE CURRENT YEAR, BUT THERE IS A PORTION THAT WE HAVE NOT COLLECTED AT THIS MOMENT. WE HAVE SUSPENDED PURSUING, COLLECTING THOSE WE WILL. BUT WE AT THIS MOMENT HAVE CHOSEN TO NOT AGGRESSIVELY PURSUE THOSE WHO HAVE TO PAY. SO THERE IS THAT LOSS. FEES FOR SERVICES PRIMARILY AND COMMUNITY SERVICES HAS BEEN SIGNIFICANTLY AFFECTED. WE'VE BASICALLY HAD TO REFUND ALL OF THE THIRD QUARTER PROGRAMING WE HAD, WHETHER IT BE EXCURSIONS OR PROGRAMS THAT WE'RE SCHEDULED, AS WELL AS RENTALS. AND THEN ADDITIONALLY, AS WE LOOK INTO THE SUMMER, A MAJORITY OF THE REVENUES THAT WE WOULD RECEIVE FOR SUMMER COME IN THE BEGINNING AT THE END OF THIS CURRENT FISCAL YEAR OR THE NEXT YEAR. SO THOSE OBVIOUSLY HAVE BEEN SIGNIFICANTLY AFFECTED BY OUR OUTLOOK OR WHERE WE SIT TODAY. AND THEN, OF COURSE, I MENTIONED THE INSURANCE BILLING, BECAUSE AT THIS MOMENT, BECAUSE OF OUR DEPLOYMENT, THE INSURER, THE CARE AMBULANCE, IS BILLING FOR THE INSURANCE, BILLING THE INSURANCES DIRECTLY. WE ARE NOT COLLECTING THAT REVENUE. SO THAT'S HAVING AN AFFECT ON. AND THEN ON THE OTHER SIDE, OUR BUILDING PERMIT REVENUE PROJECTIONS THAT WE GAVE YOU MID-YEAR. WE'VE ACTUALLY SEEN AN IMPROVEMENT, SURPRISINGLY ENOUGH, FROM WHAT WE GOT EXPECTED. NOT SUBSTANTIAL, BUT STILL A COUPLE HUNDRED THOUSAND BETTER. SO THAT WAS A MOVE IN THE OTHER DIRECTION THAT WE WOULD HAVE EXPECTED. BUT OVERALL, WE'VE HAD A DECREASE IN WHAT WE THOUGHT OUR FOURTH QUARTER REVENUES WERE GOING. SO AS A RESULT OF THAT, I ASKED THE DEPARTMENT USED TO MITIGATE THAT LOSS OF REVENUE AS IT RELATED TO JUST THIS MOMENT IN TIME FOR THE REST OF THIS FISCAL YEAR. AND SO IN DOING THAT, SOME OF THE STRATEGIES WE EMPLOYED WAS TO SUSPEND OR POSTPONE MOST OF THE SPENDING THAT WE WERE ANTICIPATING IN MARCH AND THE END OF THE YEAR. OBVIOUSLY, ANYTHING COVID RELATED WAS OFF THE BOARD THAT HAD TO BE TAKEN CARE OF. AND WE ONLY CONTINUED WITH WHAT WAS ESSENTIAL PROJECTS OR ACTIVITIES SIMPLY TO AVOID EXPENDITURES THAT WE'RE GOING TO WIDEN THAT GAP BETWEEN THE END OF THE YEAR EXPENDITURES AND THE END OF THE YEAR. AND THEN WE ALSO WE'RE ABLE TO TAKE ADVANTAGE OF SAVINGS FROM VACANT POSITIONS, BECAUSE EVEN THOUGH WE HAD TO BACKFILL ON SOME POSITIONS IN PART OF OUR REDEPLOYMENT, ESPECIALLY ON THE FIRE SIDE AND THAT SIDE, WE THEY ALL DIDN'T REQUIRE BACKFILL WITH OVERTIME. SO THERE WAS A ALMOST A A. THERE WAS A SIGNIFICANT AMOUNT OF PERSONNEL SAVINGS THAT WE COULD PUT AGAINST THAT REVENUE WAS TO TO HELP US AS WE WE LOOK AT WHAT OUR END OF THE YEAR. SO IN ALL THAT. SORRY, THESE ARE COMING UP. ALL RIGHT. THERE WERE SPOTS COME UP IN PIECES, BUT YOU CAN SEE OUR REVENUES ARE EXPECTED TO BE ABOUT THIRTY FIVE AND A HALF MILLION DOLLARS, WHICH IS LESS THAN WHAT WE EXPECTED. AND I'M SORRY TO GET THAT NUMBER. BUT BOTTOM LINE IS, WE'RE ABOUT FIVE HUNDRED THOUSAND DOLLARS. WE ANTICIPATED THAT AT THE BEGINNING OF THE YEAR GOING TO THAT MIDDLE ROAD. WE ANTICIPATED AT THE BEGINNING OF THE YEAR WE WERE GOING TO USE TWO HUNDRED THOUSAND DOLLARS OF RESERVES. AND AT THAT POINT, YOUR PROJECTED BALANCE WAS ABOUT TEN POINT NINE MILLION DOLLARS. WHAT I'M EXPECTING WITH THE MITIGATION THAT WE HAD TO PUT IN PLACE TO REDUCE SAVINGS AS WELL AS THE LOSS IN REVENUES. WE ARE GOING TO NEED TO USE A HALF MILLION DOLLARS TO BALANCE OUT THIS YEAR, WHICH WOULD BE YOUR PROJECTED BALANCE OF YOUR GENERAL FUND RESERVE TO JUST UNDER TEN POINT FIVE. ALSO INCLUDED ON HERE, JUST A HISTORY OF WHERE YOUR RESERVES HAVE BEEN, THE BALANCE AT THE END OF EVERY FISCAL YEAR. AND YOU SEE WE STARTED AT ABOUT NINE AND THEN WE'RE AT ABOUT 10. I CAN OR PROJECTED TO BE A 10. THE ONE I WOULD POINT YOU TO AS THE SIZABLE INCREASE BETWEEN JUNE 30, 18 AND JUNE 30, 19, NINETEEN. THAT WAS THE RESULT. IF YOU REMEMBER, WE ISSUED THE POB FOR OUR PERS OUR RETIREMENT LIABILITY. TWO YEARS PRIOR TO THIS, WE HAD DONE AN INTERNAL FINANCING ON A PRIOR PENSION OBLIGATION BOND THAT WE WERE FINANCING THROUGH THE WATER FUND BECAUSE THE WATER WAS IN THE SEWER WATER THROUGH THE WATER FUND. PART OF DOING THAT. WE HAD TO BASICALLY COLLATERALIZE THAT AGAINST OUR GENERAL FUND RESERVE. SO WHILE WE STILL HAVE THE MONEY, WE HAD TO MOVE THAT AMOUNT OVER. OFF THE BOOKS AND SHOW IT AS LESS RESERVES BECAUSE IT WAS COMMITTED AS THAT OBLIGATION. ONCE WE PAID OFF THAT UNFUNDED OR THAT PENSION OBLIGATION ON THAT PRIOR ONE WITH THE NEW ONE, WE WERE ABLE TO MOVE THAT MONEY BACK INTO OUR GENERAL FUND RESERVES. SO THAT'S WHY YOU'RE SEEING ALMOST A MILLION TO INCREASE FROM JANUARY, JUNE OF TWO [00:45:07] THOUSAND EIGHTY TWO TO TWO THOUSAND. STOP THERE FOR A MINUTE AND SEE IF THERE ARE ANY QUESTIONS. ANY QUESTIONS FOR MR. RUSSI. COUNCIL MEMBER CARDER. BOB, LOOKING AT THE PROJECTED BALANCE OF OUR RESERVES, WHAT PERCENTAGE IS THAT OF OUR TOTAL BUDGET? THERE IS ROUGHLY A THIRD HERE. AND SO, YEAH, BECAUSE IT'S THIRTY THREE. SO IT'S JUST UNDER A THIRD OF THAT. YOU'RE TALKING YOUR GENERAL, YOU'RE PUTTING YOUR GENERAL FUND EXPENSES AGAINST YOUR GENERAL FUND RESERVES. THAT'S HOW WE DO IT. SO YOU'VE GOT ROUGHLY THIRTY THREE OR FOUR MILLION DOLLARS IN EXPENDITURES VERSUS THAT 10 MILLION. SO IT'S 30 PERCENT. OK. WONDERFUL. THANKS. ANY OTHER QUESTIONS FOR MR. RUSSI? COUNCIL MEMBER DAVIS. AND THESE EXPECTATIONS ARE BASED ON NORMAL OPERATING BUSINESS ACTIVITIES AND DON'T INCLUDE ANYTHING THAT'S COVID RELATED OR COVID RESPONSIVE. IS THAT CORRECT? SO WE. AND IF YOU'RE MEETING THE EXPENDITURE TO DATE, THIS INCLUDES ANY OF THE COVID RELATED EXPENDITURES THAT WE HAVE TAKEN ON. SO WHATEVER PURCHASES WE HAVE, THIS DOESN'T APPLY AT THIS POINT AT THE END. THIS DOES NOT ANTICIPATE THE THE REIMBURSEMENTS THAT WE EXPECT TO GET BECAUSE OF THE FACT THAT THERE IS GOING TO BE FEDERAL AND STATE ASSISTANCE FOR MANY OF THESE EXPENSES COVID RELATED. SO WE WE STILL OUGHT TO SUBMIT APPLICATIONS FOR THOSE. OF COURSE, WE ARE GOING TO FOLLOW THAT. BUT THOSE WOULD NOT COME FOR SEVERAL YEARS. SO WE'RE NOT INCLUDING THE REVENUE. BUT WE HAVE BOOKED THE EXPENDITURES HERE THAT WE HAVE HAD TO DATE, WHETHER IT'S PERSONNEL, OVERTIME OR MASKS OR WHATEVER OTHER PPE OR ITEMS THAT WE USED TO PURCHASE TO TO PUT THINGS IN PLACE. THANK YOU, COUNCIL MEMBER CROSBY. ANY QUESTIONS. BUT I THINK FOR CLARIFICATION TO LET COUNCILMAN DAVIS TO SAY YOU HAVE PUT IN YOUR PROJECTIONS AND ALTER THOSE PROJECTIONS SINCE MARCH 13TH. REVENUES TO CORRECT. IF I UNDERSTAND THE QUOTE YOU'RE ASKING, OUR REVENUE PROJECTIONS THROUGH THE END OF THE YEAR TAKING INTO ACCOUNT THE CHANGES DUE TO COVID, AS I WOULD. YES, YES, ABSOLUTELY. WE HAVE REFLECTED GOING BACK TO THIS. THIS SLIDE ABOVE ALL, THESE REVENUES HAVE BEEN ADJUSTED TO COPE. COUNCIL MEMBER LAU. QUESTIONS. NO, I THINK IT'S GONNA GET ANSWERED IN THE NEXT. SO THIS IS. AND WE'RE IN TWO PARTS HERE. AND I THINK I. YEAH. MARK WAS SHARING. SO THIS IS ABOUT THIS CURRENT YEAR. AND SO WHAT I SEE FOR THE REST OF THIS YEAR. SO FOR THE REST OF THIS YEAR AND IT'S IMPORTANT TO THE PUZZLE TO UNDERSTAND, I'M GOING TO ASK YOU TO DO USE RESERVE NEXT YEAR. BUT I THINK IT'S FAIR TO AT LEAST SHOW YOU THAT I NEED TO USE FIVE HUNDRED THOUSAND TO BALANCE OUT THE REST OF THIS YEAR. WE'RE IN RIGHT NOW. SO NOW. SO THERE'S NO QUESTION OR CONCERN ALL THAT OR WE CAN HOLD IT TO THE. YEAH. I CAN THEN MOVE ON TO MY PROJECTIONS FOR NEXT YEAR AND WHAT WE'RE SEEING FOR THOSE. I JUST I HAD A REAL QUICK ONE. I JUST WANT TO YELL OUT ON THE COVID AND RELIEF THAT I KNOW WE WILL. YOU GUYS DO A GREAT JOB. WE NEED TO STAY DILIGENT ON THAT BECAUSE WE'RE GETTING A LOT OF INFORMATION FROM DIFFERENT CITIES THAT ARE, I SHOULD SAY, RATHER UPSET. AND THEY'RE LOOKING AT HOW TO GET TO COVID RELIEF MONEY BACK THAT THEY'RE SPENDING ON THIS BECAUSE IT'S COSTING EVERY ONE OF THESE CITIES MILLIONS AND MILLIONS OF DOLLARS. SO I KNOW THAT YOU'VE GOT THAT. AND IT'S GREAT TO HEAR DOING THAT AHEAD OF TIME, TOO. AND IT WILL TAKE. I AGREE, MR. RUSSI. THAT'S GOING TO TAKE A WHILE TO GET THAT BACK. ONE OTHER CONCERN I HAVE IS BEVERLY MENTIONED THIS, BUT IT'S ONE OF THE THINGS THAT I'VE TALKED ABOUT A LONG TIME AGO, AND THAT WAS OUR [INAUDIBLE], WHICH IS OUR RETIREE MEDICAL. AND WHAT'S THE UNFUNDED LIABILITY OF THAT RIGHT NOW? MARK, ARE YOU. YOU HAVE THAT OR THAT SOMETHING FOR LATER? I DON'T HAVE THE NUMBER OFF THE TOP OF MY HEAD. WE'LL CERTAINLY GET THAT TO YOU. YEAH, I THINK THAT'S SOMETHING WE NEED TO THINK ABOUT, TOO, THAT THAT'S SOMETHING WE NEED TO DISCUSS AND HOW WE CAN PAY THAT DOWN SOON. WE DID THE WHICH WAS THE PROBABLY ONE OF THE MOST WONDERFUL THINGS WE EVER DID WAS OUR UNFUNDED LIABILITY IN OUR PENSIONS BECAUSE WE'RE LOOKING A LOT BETTER THAN SOME OF THESE CITIES THAT DIDN'T DO THAT. BUT THAT'S THE UNFUNDED LIABILITY ON OUR ON OUR RETIREE MEDICAL IS, IF I'M NOT MISTAKEN, I THINK WE'RE IN THE EIGHT MILLION DOLLAR RANGE. BUT THAT'S JUST SOMETHING WE NEED TO TALK ABOUT ANYWAY. AND JUST SO YOU KNOW, THE PROCESS FOR THAT IS EVERY TWO YEARS, IS IT THAT YOU HAVE WHEN YOU HAVE AN ACTUARIAL THAT EVALUATES WHAT THAT LIABILITY IS GOING FORWARD? SO THAT NUMBER IS OBVIOUSLY A MOVING TARGET. [00:50:02] IT'S JUST A PROJECTION YOU'RE TRYING TO REACH AND THAT YOUR ANNUAL CONTRIBUTION IS BASED AROUND WHAT THAT UNFUNDED LIABILITY IS. I WILL SAY THE ONE THING THE COUNCIL HAS DONE IS ONE OF THE MOST SIGNIFICANT THINGS IS YOUR PREMIUM, THESE PRIOR MOUS. YOU DID CUT OFF RETIRED MEDICAL FOR ANY NEW HIRES. SO THAT HAS A SIGNIFICANT IMPACT ON THE FUTURE OF THE FUTURE OF THAT GROWTH. AND SO WE'LL START TO SEE SOME EFFECTS OF THAT. SO I JUST WANT TO POINT THAT OUT. YOU HAVE DONE SOME THINGS. COULD YOU ADDRESS THAT? SO ONCE WE GET OUT AND I DON'T HOPE IT'S THIS YEAR OR NEXT YEAR THAT WE NEED TO DO ANOTHER ACTUARIAL, BUT WE'LL GIVE YOU THE NUMBER WE HAVE NOW UNDERSTANDING THAT THERE WILL BE ANOTHER EVALUATION THAT'LL BE DONE. THANK YOU. OK. SO NO QUESTIONS HERE. I WILL MOVE INTO THE TWENTY TWENTY ONE AND OUR GENERAL FUND AND THIS I THINK GOES TO THE QUESTION THAT YOU WERE ALL ASKING. SO THIS IS REALLY AN OUTLOOK ON OUR REVENUES. AND I WANT TO SHOW YOU THESE COLUMNS SEPARATELY. AND BEFORE I DO GO INTO THIS, WITH THE EXCEPTION OF THESE ALL OTHER REVENUES, WITH THE EXCEPTION OF PROPERTY TAX, PROPERTY TAX IS THE ONLY ONE THAT WE HAVE PUT A INCREASE IN ANTICIPATED INCREASE BECAUSE WE'RE WE'RE NOT ANTICIPATING AND WE HAVE OUR TAX CONSULTANTS ON THESE VARIOUS ASPECTS THAT WE OWE THAT. AND YOU. I'M SORRY. THAT'S THE ONLY ONE WE'RE SHOWING AN INCREASE DO YOU REMEMBER THE INCREASE WE PROJECTED ON THAT? THREE PERCENT. THREE PERCENT ON PROPERTY TAX. SO WHATEVER REVENUE WE EXPECT TO GET FROM PROPERTY TAX, WE'RE ANTICIPATING THAT WILL GROW BY THREE PERCENT. I DON'T HAVE THAT NUMBER HERE BECAUSE IT JUST WANTED, YOU KNOW, THAT OUTSIDE OF THAT, ALL OR OTHER REVENUES ARE EITHER HOLDING AT WHAT THE CURRENT YEAR IS OR AS YOU WILL SEE IN THE CASE OF THESE. WE HAVE REVISED THEM DOWN BECAUSE APPROPRIATE. SO IF YOU COULD LOOK AT THIS AND LOOK AT THESE CATEGORIES, THERE ARE THREE COVID PROJECTIONS ON WHAT WE WOULD RECEIVE IN THESE REVENUES OR IN THAT FIRST CALL. AND THEN THESE ARE OUR REVISED NUMBERS UP WHAT WE ARE GOING TO PUT INTO THE BUDGET. SO YOU CAN SEE HOW SIGNIFICANT WE SHIFTED ALL OF OUR BUDGETS, AS ARE ALL OF OUR REVENUES IN THESE CATEGORIES BASED ON. AND YOU KNOW, THE HARDEST STEP FOR US IS SALES TAX. BUSINESS LICENSES. JUST LOOKING AT, YOU KNOW, ARE WE GOING TO HAVE ALL OUR BUSINESSES THAT ARE, FRANKLY, GOING TO RECOVER FROM THIS? AND SO WE HAD TO TAKE A LOOK AT OUR OVERALL BUSINESS LICENSE AND SAY IF WE WERE TO SHIFT IT BY 25, 30 PERCENT, WHAT DOES THAT LOOK LIKE? OF COURSE, OUR RECREATION PROGRAMS HAD SIGNIFICANT LOSSES. SEVERAL OF THOSE PROGRAMS AND RENTALS, THAT'S MAJOR. OUR PARKING FINES AND FEES. AGAIN, THAT NOT BEING IN PLACE OR CONTINUING UNTIL THE END OF THIS YEAR. BUILDING PERMITS UNDER THE PROJECTION, WE WERE SAYING WE COULD HAVE SAVED OURSELVES A ONE POINT THREE. WE HAVE ADJUSTED THAT DOWN FURTHER. AND THEN MEASURE LV EVEN THOUGH ITS SALES TAX. I WANT TO POINT THIS OUT. I AM GOING TO BE CATEGORIZING AS DIFFERENT AS WE GO FORWARD, BECAUSE I THINK IT'S VERY IMPORTANT THAT WE IDENTIFY THE REVENUES FROM THAT, EVEN THOUGH THEIR SALES TAX AS A DIFFERENT CATEGORY FOR THE PURPOSES OF THE OVERSIGHT COMMITTEE AS WELL. AND SO THIS WILL BE REPRESENTED SEPARATELY FOR THAT PURPOSE. AND YOU CAN SEE WE WERE ROUGHLY THREE, ONE, THREE, TWO. WE'RE ONLY EXPECTING 2.7 IN THIS FIRST YEAR. SO ABOUT FIVE HUNDRED THOUSAND DOLLARS. IN TOTAL, NOT COUNTING THE MEASURE, I'LL BE LOOKING AT THOSE OTHER REVENUES. THAT'S ABOUT A ONE POINT THREE MILLION DOLLAR DROP. WHEN YOU GRAB ALL THOSE TOGETHER OF WHAT WE WOULD HAVE EXPECTED UNDER NORMAL AND WHAT WE REVISED OURSELVES. AND I REALLY THINK THAT'S IMPORTANT BECAUSE TO POINT OUT, BECAUSE IT'S AN IMPORTANT PART OF THE STRATEGY THAT I THE APPROACH THAT I WANTED TO TAKE HERE. WHEN WE PUT THIS BUDGET TOGETHER BECAUSE I WANTED THESE REVENUES TO REFLECT WHAT WE REALLY BELIEVE WERE GOING TO BE OUR WORST CASE, OBVIOUSLY, IF WE HAVE A DOUBLE DIP, IF WE END UP WITH A SECOND ROUND OF INFECTION, THAT FURTHER EXTENDS OUT TO THE SAFER AT HOME OR WHATEVER IT MAY BE, THESE COULD REVISE EVEN FURTHER. BUT BASED ON THE WAY WE UNDERSTAND THE GROWTH TO BE, IF WE WERE TO HAVE A SLOW GROWTH OVER THIS NEXT YEAR AND REBALANCE, THESE ARE WHAT WE FEEL WE CAN ACHIEVE FOR OUR RESOURCES TO SUPPORT THE ACTIVITIES OF. STOP THERE AND ASK A LOT OF INFORMATION. BUT I'LL STOP THERE AND ASK IF THERE'S ANY QUESTIONS. COUNCIL HAS ANY QUESTIONS. COUNCIL. IT'S NOT A QUESTION NECESSARILY, BUT I JUST WANT A CLARIFICATION BASED ON SOME PRIOR DISCUSSIONS. WE DON'T ANTICIPATE RECEIVING THE MEASURE LV MONEY DUE TO SOME OF THE [00:55:02] DELAYS ABOVE US. RIGHT. I MEAN, WE'RE WE'RE LOOKING THAT WE'RE NOT EVEN THE ANTICIPATED REVENUE THAT WE'RE LOOKING AT POST. IT IS NOT GOING TO COME INTO US ANYTIME SOON. IS THAT CORRECT? THE SALES TAX WILL BE A CASH FLOW THAT WE HAVE TO EITHER WE WILL HAVE THE MONEY IN THE BANK OR WE WILL HAVE TO DRAW MORE OUT OF OUR CASH ON HAND BECAUSE WE WILL NOT HAVE THAT REPLENISHMENT. YES, THAT IS CORRECT. WE WILL GET THE MONEY. IT WILL JUST BE DELAYED IN COMING TO US BECAUSE THE STATE GOVERNOR HAS ALLOW BUSINESSES TO DELAY FOR UP TO A YEAR THEIR THEIR SALES TAX PAYMENTS TO THEM UNLESS SOMETHING CHANGES WHERE THEY AGREE TO FRONT THAT MONEY. AND I DON'T I DON'T ANTICIPATE THAT BEING THE CASE. BUT IF THEY DO THAT, WE WOULD GET IT. BUT OTHERWISE, YES, THAT IS THE CASE. I JUST WANT TO KEEP THAT AT THE FOREFRONT. TWO QUESTIONS. COUNCIL MEMBER CROSBY, JUST BY ONE MORE COMMENT AND THEN NODS WHEN YOU SAID IT, TO REALLY DO APPRECIATE YOU SEPARATELY MEASURE LV OUT AND MAKING SURE THAT THAT'S SEPARATE. WHEN YOU SAID THAT ALL COUNCIL MEMBERS HEADS WERE NODDING WITH AGREEMENT THERE AND REALLY DO APPRECIATE YOUR STAFF DOING THAT SO THAT WE ARE KEEPING THAT JUST SEPARATE. AND SO THAT OUR COMMUNITY CAN SEE THAT AS WELL. SO APPRECIATE THAT. THANK YOU VERY MUCH. I COULD SEE YOUR HEAD NOT BECAUSE I'VE ONLY GOT THE POWERPOINT ON STRAIGHT FROM IT. SO THANK YOU. I'VE GOT A QUESTION ON THAT, THOUGH. IT'S NICE TO HAVE IT BROKEN OUT SO WE CAN SEE WHAT MONEY WE GET IN FROM MEASURE. BUT WHEN THE MONEY'S COME INTO YOU. WILL THEY BE BROKEN DOWN FROM THE COUNTY OR ARE YOU JUST GOING TO TAKE THREE QUARTERS PERCENT? AND FROM WHAT WE TOTALLY GET OR HOW WILL YOU KNOW WHICH MONEYS ARE COMING FROM MEASURE LV? IT WILL BE BROKEN OUT ON THE INFORMATION THAT WE GET FROM THE STATE. SO IT WILL IT WILL CLEARLY SHOW A DIFFERENT CATEGORY. SO IT MAKES IT EASIER FOR US TO PUT IT IN SEPARATE. SO MAY HAVE A TITLE. BUT THERE'S THE BRADLEY BRANCH, WHICH IS THE ONE PERCENT WE GET. AND THEN THIS WOULD BE A USE TAX. I THINK IT'S WHAT CALLED A SPECIAL SPECIAL CITY TAX. I ALSO USE TAX. OK. SO IT DOES DISTINGUISH BETWEEN THE TWO WHEN WE GET OUR RESULTS. HEY, BOB, WHERE WE'RE AT WITH THAT? BECAUSE OBVIOUSLY THERE WAS AN APPLICATION. THERE WAS A FEE. WHEN WILL ACTUALLY BE SIGNED, SEALED AND DELIVERED? I GUESS YOU WOULD CALL IT WHEN IT'S FINISHED. WELL, WE'VE SUBMITTED EVERYTHING TO THE STATE. THEY'RE ON THAT. THEY'RE PROCESSING THEIRS. IT IS SUPPOSED TO GO INTO EFFECT JULY ONE. AND SO WE'VE DONE EVERYTHING WE NEEDED TO BY THE DEADLINE TO ENSURE THAT THAT HAPPENS. OK. NO, NO OTHER QUESTIONS. OK, SO NOW MOVING IN TO DON'T JUMP AHEAD. LET'S GO THROUGH THE STRATEGIES REQUIRED BEFORE YOU GET TO THESE. THE ANSWER. THE QUESTION. YES. YES. YOU'RE THE. I HAD TO IDENTIFY HOW I WAS GOING TO MITIGATE FOR THAT LOSS. AN INITIAL NUMBER AND THE INITIAL DEFICIT'S DATA SET ABOUT TWO POINT ONE. BUT THE STRATEGIES UP ABOVE, PROBABLY THE FIRST ONE, IS THE MOST SIGNIFICANT BECAUSE IT WAS GOING BACK TO THE DEPARTMENTS. AND AS A REMINDER, YOUR BUDGET, YOUR OPERATION BUDGET, WHICH YOUR 33 MILLION DOLLARS, REFLECTS WHAT IT TAKES FROM THE GENERAL FUND TO OPERATE THE CITY FOR THE NEXT YEAR. BUT THERE ARE TWO COMPONENTS WITHIN THAT. THERE'S THE PERSONAL SIDE AND THEN THERE'S THE OPERATIONAL REQUESTS. ALL OF THE THINGS THAT THE DEPARTMENTS NEED TO SUPPORT THE EMPLOYEES DOING, THE THINGS THAT THEY'RE DONE. THAT PART OF THE BUDGET, I WENT TO THE DEPARTMENTS AND SAID, LOOK, I NEED YOU TO HOLD YOUR REQUESTS AT THE TWENTY NINETEEN, TWENTY TWENTY LEVELS. I CAN'T GIVE YOU ANY MORE MONEY. IF I GAVE YOU NO MORE MONEY THAN THAT IN YOUR APPROPRIATIONS. WHAT WOULD THE EFFECT BE? AND THERE'S ROUGHLY SEVEN JUST UNDER SEVEN HUNDRED THOUSAND DOLLARS IN ADDITIONAL THINGS THAT WE'RE BEING ASKED FOR. THAT WAS TO HELP ABSORB A BIG PART OF THAT REDUCTION AND THEN I'LL GO THROUGH THE OTHERS AND I'LL GET BACK TO THAT MINUTE. BUT I JUST WANT YOU TO UNDERSTAND. THAT WAS ONE OF THE STRATEGIES THAT WAS EMPLOYED AND THE DEPARTMENTS ACCEPTED IT. I HAVE THEIR LIST OF THINGS THAT OTHERWISE WOULD BE AFFECTED BY THAT. AND THEY UNDERSTAND WHAT WE NEED TO DO AT THIS MOMENT. [INAUDIBLE]. AND THERE ARE TWO OF THOSE POSITIONS, ONE IN FINANCE AND ONE COMMUNITY SERVICES. AND I WANT TO CLARIFY THAT I DEFUNDED THESE. I DIDN'T REMOVE THEM. THEY'RE STILL AUTHORIZED POSITIONS IN THE BUDGET. AND THAT WILL ALSO PLAY INTO IF WE HAVE THE OPPORTUNITY TO PUT THOSE BACK. [01:00:04] I'LL EXPLAIN THAT LATER. SO I DIDN'T WANT TO LOSE THEM BECAUSE I DON'T THINK WE WANT TO REDUCE THEM AT THIS POINT TO REMOVE THEM. THE OTHER POSITIONS, THE SAFETY RELATED POSITIONS, I REDUCED THEIR FUNDING TO LESS THAN A FULL YEAR AND NOT BECAUSE I ASKED THE DEPARTMENTS TO POSTPONE BECAUSE I DON'T WANT TO DO THAT. BUT WE LOOKED AT THE VACANT POSITIONS THAT WE HAD WHEN THERE WAS A POLICE OFFICER, COMMUNICATION OFFICER, A FIREFIGHTER, AND WE TOOK A REALISTIC LOOK AT HOW LONG IS IT GONNA TAKE TO FILL THOSE POSITIONS. AND IF WE'RE NOT GOING TO FILL SOME OF THOSE POSITIONS TILL SEPTEMBER OR OCTOBER, WHICH IS GOING TO BE FACED WITH SOME OF THOSE POSITIONS, THEN I'M ONLY GOING TO FUND IT FROM THAT POINT FORWARD. RATHER THAN FUNDING A FULL YEAR OF THAT POSITION, THAT OTHERWISE IS N'T NEEDED. AND THAT STRATEGY SAVED US. MARK, DO YOU REMEMBER WAS SIX HUNDRED FIVE HUNDRED OR SIX HUNDRED THOUSAND. FIVE HUNDRED THOUSAND. SO I WAS ABLE TO REDUCE THAT FURTHER IN THAT REGARD. THE OTHER THING THAT WE DID IS THE AS YOU KNOW, WE HAVE THE MARKET ADJUSTMENTS THAT ARE OBLIGATED BY THE MOUS THAT ARE TO BE FUNDED IN THIS COMING FISCAL YEAR. THOSE ARE ANTICIPATED TO BE FUNDED OUT OF MEASURE LV AND THE NEW MONEY COMING IN. BUT IT IS THE ONLY THING THAT I'M GOING TO ASK APPROVAL FROM THE OVERSIGHT COMMITTEE TO APPROVE IN THIS FIRST YEAR. THERE ARE NO NEW ADS OR ADDITIONS. IT'S SIMPLY GOING TO BE IN THAT TIER ONE TO PAY FOR THOSE INCREASES. SO NONE OF THAT WILL COME INTO THIS PART OF THE BUDGET, IF YOU WILL. IT PROVIDES WHAT THESE BUDGETS PROVIDE FOR HIS OTHER THE OTHER PERSONNEL OBLIGATIONS. MERIT INCREASES AND THE LIKE ARE STILL ANTICIPATED OR ABSORBED INTO THE THIRTY THIRTY FOUR MILLION DOLLARS IN EXPENSES. BOB, CAN YOU GO BACK TO THAT MERIT FOR THAT TIER ONE. I, I WAS LOOKING AT THIS. CAN YOU JUST BACK UP A FEW STEPS ON THE TIER ONE, WHAT YOU JUST SAID. YEAH. SO IF YOU REMEMBER AND THE AS IT RELATES TO THE MEASURE LV AND THE SPENDING GUIDELINES THAT WE'RE ESTABLISHED, THERE WAS KIND OF ONE, I'LL CALL IT IN A TIER TWO. AND TIER ONE WAS BASICALLY MAINTAINING ALL OF OUR COMPENSATION PRACTICE. RIGHT. MEDIAN SALARY ADJUSTMENTS TO HEALTH INSURANCE. SO WHAT I WAS SAYING IS THIS ANTICIPATES THOSE TIER ONE EXPENDITURES FOR THIS COMING YEAR. COMING OUT OF THE MEASURE LV MONTH. BUT THAT'S IT. IT DOESN'T LOOK AT ANY ADDITIONAL THINGS AT THIS POINT, ONE, BECAUSE I DIDN'T WANT TO THROW MORE OF THOSE THINGS AT THE OVERSIGHT COMMITTEE AT THIS POINT. AND SECOND, WE HAVE A SIGNIFICANT LOSS OF REVENUE. SO I DIDN'T FEEL COMFORTABLE IN USING ANY ADDITIONAL DOLLARS OTHER THAN WHAT WAS NECESSARY AT THIS. PROVIDES FOR THE PERSONAL OBLIGATIONS TALKED ABOUT THAT SIGNIFICANTLY REDUCES COMMUNITY SERVICES OFFERINGS AND STAFFING THROUGH THE SUMMER BECAUSE THEY JUST DON'T EXPECT THAT. AND SO THE REVENUES THAT GO ALONG WITH IT. I JUST DON'T EXPECT THAT WE'RE GOING TO BE ABLE TO PROVIDE THE TRADITIONAL LEVEL OF RECREATION THAT WE HAVE. SO THOSE THOSE WERE IMPACTED THE MOST AS FAR AS THE REDUCTION IN WORKFORCE. THOSE INDIVIDUALS ARE MOSTLY PART TIME OR PART TIME WORK WERE FURLOUGHED FOR THE MOST PART, AND WE'LL REMAIN AS SUCH UNTIL WE CAN BRING THOSE PROGRAMS BACK. THAT'S THE ONE THING I WILL SAY THIS NEXT FALL IS WITH THE EXCEPTION OF COMMUNITY SERVICES. THIS DOES NOT ELIMINATE ANY EXISTING POSITIONS OR PEOPLE OR REDUCTION OR CAUSE A REDUCTION IN OUR WORKFORCE. AND I DO BELIEVE THAT WE CAN MAINTAIN THIS, BECAUSE IF WE START TO DO THAT AND WE START TO AFFECT THE SERVICES WE PROVIDE FOR THE COMMUNITY. AND I THINK IN THIS MOMENT, GIVING WHERE OUR RESERVES ARE AT. AND THAT'S WHY I WANTED YOU TO SEE THAT SLIDE BEFORE THE POSITION THAT WE WERE. AND THAT IS YOUR RAINY DAY FUND. AND I THINK WE WOULD ALL AGREE THAT THIS MOMENT THIS IS A. A EVENT THAT WE NEVER WOULD HAVE EXPECTED HAPPENING TO SAY WE NEED A MILLION DOLLARS TO BALANCE THE BUDGET AND MAINTAIN THE SERVICES WE HAVE IS AN APPROACH THAT I FEEL COMFORTABLE IN BRINGING FORWARD. SO THAT'S KIND OF THE BOTTOM LINE TO ASK IS TO PUT THE YES TOGETHER THE BUDGET IN ANTICIPATION WITH THOSE REVENUE PART REVENUE HITS THAT WE SAW. AND THEN I'LL GET INTO WHAT MY APPROACH WILL BE GOING INTO THAT THE REST OF THE YEAR. BUT AT LEAST USING THAT MILLION DOLLARS. SO I GUESS I'LL STOP THERE AND ASK. I'LL SAY WHAT'S GOING TO BE DIFFERENT THAN IN PAST YEARS IS I USUALLY LOOK AT THIS. YEAH, I MIGHT USE A MILLION DOLLARS. I REALLY NEED YOU TO UNDERSTAND THAT IF WE DO THIS, WE ARE USING A MILLION DOLLARS OF RESERVES THAT WILL NOT COME BACK. BECAUSE IF WE GET ADDITIONAL REVENUES, I WILL LOOK AT REINSTITUTING SOME OF THOSE OTHER THINGS THAT WE'VE HAD TO DEFUND OR OTHERWISE POSTPONE IT. [01:05:06] SO I'LL STOP THERE FOR A MOMENT, A MOMENT AND JUST GET YOUR INPUT AND VOTE. ANY QUESTIONS FOR MR. RUSSI? COUNCIL MEMBER CARDER? YES, BOB. YES. WHAT YOU CAUGHT MY EYE ON ONE OF THESE IS THE REDUCED FUNDING AND OTHER POSITIONS FOR LESS THAN ONE YEAR. I UNDERSTAND THE CONCEPT OF IT, BUT WHAT HIT ME WAS WE ARE STILL MOVING FORWARD WITH POLICE AND FIRE AS FAR ESPECIALLY FIRE, BECAUSE WE'RE SHORT ON FIRE. STILL HIRING, AREN'T WE? ABSOLUTELY. WE ARE NOT SLOWING DOWN THE PROCESS. THIS IS IN NO WAY REFLECTING ANYTHING OTHER THAN HOW LONG IT TAKES TO MOVE THROUGH A REALISTIC RECRUITMENT PROCESS. OK. BECAUSE I'M GOING TO KEEP PUSHING. [INAUDIBLE] WE ARE NOT POSTPONING ANY OF OUR SAFETY POSITIONS, THE OFFICERS AS WELL, THOSE REPORTS, THEY'RE ALL IMPORTANT. BUT THOSE ARE YOU KNOW, WE NEED THEM BOTH. BUT I DON'T I DIDN'T WANT TO UNNECESSARILY FUND A PART OF A POSITION THAT I DIDN'T NEED. OK. THANK YOU. QUESTIONS. SO I THINK JUST AS A POINT OF CLARIFICATION, WHAT I'M UNDERSTANDING FROM BOB WITH RESPECT TO THAT COMMENT OR THAT QUESTION THAT ROBIN RAISED IS THAT TYPICALLY YOU WOULD PUT ASIDE MONEY FOR THAT, FILLING THAT POSITION FOR A WHOLE YEAR, BUT CONTEMPLATING THE RECRUITMENT PROCESS AND THE FACT THAT WE'D LIKELY WON'T HIRE SOMEBODY UNTIL SEPTEMBER. YOU'RE JUST DECREASING RATHER THAN FUNDING A SALARY FOR A FULL YEAR. YOU'RE FUNDING THE BACK WHENEVER YOU THINK YOU'LL HIRE SOMEBODY THROUGH THE END OF THAT FISCAL YEAR. YES. OK. SO I JUST I'LL MAKE SURE THAT EVERYBODY IS CLEAR ON THAT, BECAUSE I KNOW SOMETIMES THAT'S A LITTLE WONKY. MY OTHER COMMENT THAT I WANTED TO RAISE AND GIVE KUDOS TO STAFF AND PRIOR COUNCIL FOR IS THAT IF, YOU KNOW, ON THE RESERVE HISTORY, THERE WAS A STEADY INCREASE FROM YEAR TO YEAR. SO TO ME, THAT SPEAKS TO A GOOD STEWARDSHIP OF OUR FUNDS AND OUR FINANCES SUCH AS THAT, BECAUSE WE ARE NOW EXPERIENCING THIS RAINY DAY. WE HAVE THE ABILITY TO TAKE CARE OF OUR CITIZENS AND OUR CITY. SO THANK YOU TO THE STAFF AND TO THE COUNCIL MEMBER WHO HAVE WORKED THERE THROUGH THOSE YEARS TO MAKE SURE THAT THAT STEWARDSHIP OF OUR FUNDS HAPPENED SO THAT WE CAN HELP OUR FOLKS DURING THIS TIME OF PANDEMIC. COUNCIL MEMBER CROSBY. YEAH. AND JUST TO REITERATE WHAT COUNCIL MEMBER LAU JUST SAID, TOO. WE'RE STILL NOT EVEN GOING BELOW WHAT OUR RESERVES WERE ONLY THREE YEARS AGO. SO THAT'S THAT IS VERY GOOD STEWARDSHIP TO ALL OF THE ENTIRE COUNCIL THAT WAS DIRECTING THE STAFF DURING THAT TIME. ALSO ON YOUR LAST POINT, WE'RE EXTEND SUSPENSION OF GENERAL FUND CONTRIBUTION TO THE FIVE YEAR CIP PLAN. THOSE THAT HAS ALREADY BEEN PLACED IN THE PLAN THAT MR. KEESEY JUST GAVE US, CORRECT? YES, IT HAS. SO THIS DOESN'T CHANGE ANYTHING THAT WE HAVE ALREADY. JUST WERE SPOKEN ABOUT AN HOUR AGO. 25 MINUTES AGO. CORRECT. THANK YOU SO MUCH. THANK YOU, MR. DAVIS. YES. I JUST WANTED TO MAKE SURE MY UNDERSTANDING WAS CORRECT. SO I GUESS I'M GOING TO SAY IT IN A STATEMENT. AND THAT. IS THAT YOUR POINT, BOB, ABOUT THE DEBT, THE DEFICIT, THE ONE MILLION DOLLAR DEFICIT, ONE MILLION THIRTY EIGHT THOUSAND IS IS HIGHLY LIKELY TO REMAIN OR IT'S A LOWER PRIORITY TO REPAY THAT OR TO SHRINK THAT. THE HIGHER PRIORITIES ARE TO FUND POSITIONS OR TO REINSTATE OPERATIONAL NEEDS AND THOSE TYPES OF THINGS. THOSE ARE GOING TO BE PRIORITIZED FIRST, IF SHOULD THE REVENUE COME IN HIGHER, NOT PAYING DOWN THE DEFICIT. IS IT MY UNDERSTANDING THAT CORRECTLY? YOU ARE CORRECT. THAT IS A SHIFT IN THINKING. I WILL SHOW YOU ON THE NEXT SLIDE THE APPROACH THAT I PLAN TO TAKE FOR THIS COMING BUDGET YEAR BECAUSE OF THAT. BUT YES, YOU ARE CORRECT. SO, SO TOUGH TO LOOK BACK IN WHAT WENDY WAS SAYING EARLIER, WHICH IS, I MEAN, THAT THE RESERVES WILL BE REFUNDED, MEANING THAT WE'LL PUT MONEY AWAY AGAIN, BUT IT WON'T BE THIS YEAR, MAYBE A YEAR OR TWO FROM NOW. WE'LL START TO REPLENISH THE RAINY DAY FUND BECAUSE, YES, WE ARE IN A DAY AT THE MOMENT. YES. JUST A REAL QUICK ONE. MR. RUSSI, I DO APPRECIATE THE FACT THAT. WELL, OTHER CITIES. IF ANYBODY LISTENS TO THE NEWS, THEY'RE CUTTING BUDGETS. YOU'VE GOT SCHOOL DISTRICTS THAT ARE CUTTING BUDGETS. LAYOFFS. AND WE'RE ABLE TO KEEP OUR QUALITY EMPLOYEES DURING THIS TIME. AND IT'S VERY IMPORTANT THAT WE KEEP A CLOSE EAR TO THE RAIL ON THIS AS SOME OF THESE OTHER COMMUNITIES. I MEAN, THERE PEOPLE ARE TAKING CUTS IN PAY, LIKE I SAY, FURLOUGHS. IT'S JUST IT'S CRAZY RIGHT NOW. [01:10:02] SO WE'RE VERY FORTUNATE TO BE A LITTLE MORE FISCALLY SUSTAINABLE RIGHT NOW FOR OUR TO KEEP OUR CITY RUNNING AS IT IS BACK TO THE COUNCIL MEMBER LAU STATED. IT'S ALWAYS BEEN NICE TO HAVE A RESERVE AND THIS IS DEFINITELY A RAINY DAY. I JUST WANT TO SEE THAT THOSE STATE AND FEDERAL DOLLARS COMING BACK. ALL THE MONEY WE'RE SPENDING, THAT IS JUST THAT'S GOING TO BE TOOTH AND NAIL, TOOTH AND NAIL TO GET THAT. BUT THANK YOU. THANK YOU. YES, I AGREE AND I THINK, YOU KNOW, WE TOOK A NUMBER OF STEPS OVER THE LAST THREE OR FOUR YEARS, THE FISCAL SUSTAINABILITY AND ADDRESSING OUR FIRST ISSUE, ISSUANCE OF THE PENSION OBLIGATION BOND. YOU KNOW, WHERE SOME OF THE THINGS THAT REALLY HELPED US. I'LL TELL YOU THE OTHER THING THAT SOME OF THE OTHER CITIES ARE STRUGGLING WITH. WE'RE FORTUNATE TO NOT HAVE AND THEY'RE GETTING A DOUBLE HIT IS WE DON'T HAVE A HOTEL AND A LOT OF CITIES HAVE A HOTEL THAT THEIR TOT TRANSIT ORIENTED TAX OCCUPANCY TAX. THEY ARE LOSING THAT ON TOP OF SALES. SO IT'S IT'S IT'S REALLY HARD FOR A NUMBER OF THESE AGENCIES THAT ARE FACING BOTH OF THOSE LOSSES. SO, YES, I AGREE. WELL, THANK YOU FOR THOSE COMMENTS, AND I'LL JUST LET ME SPEND JUST A COUPLE OF MINUTES ON THE REVISED APPROACH WITH AN UNKNOWN FUTURE, WHAT I CALL IT, BECAUSE THE WAY WE LOOKED AT HOW WE PRESENTED OR DEALT WITH THE BUDGET AND WE WENT INTO THE YEAR IS DIFFERENT. WE ALREADY TALKED ABOUT THE REVENUES AND WHAT I'VE DONE HERE. WE EXPRESSED TO YOU ABOUT THE RESERVES AND HOW I KNOW IT'S IT'S KIND OF A CUSHION IN THIS CASE. IT'S A FACT. BUT WHAT I ALSO WANT YOU TO BE AWARE AS I AM, I NEED TO SINCE THE FUTURE IS UNKNOWN, I CAN'T EXPECT YOU TO WAIT UNTIL FEBRUARY OR JANUARY OF NEXT YEAR. I PLANNED TO COME BACK WITH A QUARTERLY REVIEW OF OUR REVENUES TO UNDERSTAND AS WE GET THOSE RECEIPTS WHAT THOSE ARE LOOKING LIKE. SO YOU GET AN IDEA BASED ON WHAT WE'RE WHAT WE'RE ACTUALLY RECEIVING OR EXPECT TO RECEIVE ON WHAT MAY BE OUR PROJECTIONS WERE LOWER AND WE MIGHT BE ABLE TO ACCOMMODATE SOME OF THESE ADDED EXPENSES THAT I HAD THE STATUS POST FALL. AND THEN WITH THAT, I WOULD EXPECT TO REVISIT THOSE DEPARTMENT REQUESTS, WHETHER IT WAS THE DEFUNDED POSITIONS OR THE ADDITIONAL THINGS THAT WERE BEING ASKED FOR. BUT AT THAT TIME, AND THAT WAS THE WAY I PRESENTED IT TO THE DEPARTMENT HEADS AND THEY THEY EMBRACED THAT CONCEPT, UNDERSTANDING WHAT WE WERE IN THAT RECOGNIZING THAT THIS WASN'T NECESSARILY A LOSS FOR THE WHOLE YEAR. BUT WE HAD THIS TAKE A MOMENT STEP BY STEP ASIDE AND SEE WHAT THE REVENUES WERE, HOW WE WERE GOING TO SEE OUR REVENUES GROW, IF AT ALL, OVER THIS COMING YEAR. SO JUST KIND OF THE APPROACH THAT I LOOKED TO AND I WOULD EXPECT TO SEPTEMBER, OCTOBER, TO COME BACK AND REPORT TO YOU AT LEAST WHERE WE SEE OUR REVENUES ARE BASED ON WHAT OUR PROJECTIONS ARE SHOWN. THAT MAKES SENSE. YES, YES. AND THEN JUST LASTLY, KIND OF SOME OF THE THINGS THAT WE TALKED ABOUT, BUT OTHER CONSIDERATIONS JUST TO KEEP IN MIND THE TIMING OF RECEIPT FROM THE STATE AS IT RELATES TO THE SALES TAX. THAT'S KIND OF AN UNKNOWN OUT THERE. AND WE WILL HAVE TO DRAW DOWN ON WHAT OUR BALANCES ARE. IT JUST DOESN'T REALLY REFLECT ANYTHING OTHER THAN THE CASH THAT WE HAVE ON HAND. BUT WE HAVE THE CASH TO ACCOMMODATE THAT. THIS STILL WILL NEED TO GO THROUGH THE OVERSIGHT BOARD REVIEW AS IT RELATES TO THE THE INCREASES OR THE AMOUNT OF THE INCREASES THAT WILL BE SUPPORTED BY MEASURE LV. I EXPECT TO DO THAT. BUT I WANTED TO COME TO YOU FIRST, GET YOUR CONCURRENCE THAT THAT WAS OK. BEFORE THAT, I ADVANCED IT TO THAT. BUT THAT IS MY NEXT STOP IS WITH THAT BOARD OR OVERSIGHT COMMITTEE. I GUESS IT SHOULD BE ENOUGH. THE OTHER THING THAT WE NEED TO KEEP IN MIND AS IT RELATES TO THE BALANCE OF OUR RESERVES IS OTHER LOCAL STIMULUS PROGRAMS THAT WE HOPE TO IMPLEMENT OR A VISION IMPLEMENTED. WE TALKED ABOUT IT A LITTLE BIT WITH OUR ECONOMIC DEVELOPMENT, MAYBE A COUPLE OVER OUR LAST WEEK. I KNOW WE HAVE SOME ASSISTANCE THAT WE'RE PURSUING TONIGHT. BUT THERE MAY BE SOMETHING THAT THE COUNCIL WANTS TO LOOK AT GOING FORWARD. ABSENT A A STATE OR FEDERAL AID OFFERING THAT COMES FORWARD, WE WILL NEED TO USE OUR RESERVES TO DO THAT, OUR GENERAL FUND RESERVES. I'M NOT SAYING WE SHOULDN'T BECAUSE IT MAY BE APPROPRIATE, BUT I'M JUST LETTING YOU KNOW THAT WOULD BE SOMETHING THAT WE WOULD HAVE TO ACCOMMODATE. OUT OF THOSE REMAINING DOLLARS THAT ARE THERE. AND THEN THE LAST IS AS IT RELATES TO THE FEDERAL AND STATE REIMBURSEMENT OR AID AND REIMBURSEMENT. KEEPING IN MIND TO THE MAYOR'S COMMENT, WE WILL ONLY WILL BE A DELAY, LIKE I SAID, BUT WE WILL NOT SEE 100 PERCENT. IT IS NEVER A 100 PERCENT REIMBURSEMENT. THE MOST WE WOULD EXPECT IS SEVENTY FIVE PERCENT. AND IT'S SEVENTY FIVE PERCENT OF THOSE EXPENDITURES THAT THEY FIND ALLOWABLE AS A CROQUETTE RESPONSE. OF COURSE, WE'LL SUBMIT EVERYTHING, BUT THEY WILL COME BACK AND TELL [01:15:05] US WHAT WE WILL BE ENTITLED TO. AND WITH THAT, I KNOW WE WENT OVER AND I. I WILL STOP AND SEE IF THERE ARE ANY QUESTIONS, ANYBODY? COUNCIL MEMBER DAVIS. IN THIS CASE, IT'S NOT REALLY A QUESTION, BUT I THINK THAT THAT THIS APPROACHES IS A VALID ONE. IT'S A PRUDENT ONE. I WOULD WELCOME SUCCESS IN HIRING OUR PUBLIC SAFETY PEOPLE AHEAD OF SCHEDULE SO THAT WE ACTUALLY TAKE A SLIGHTLY LARGER HIT INTO THE DEFICIT FOR THE RAINY DAY FUND. I WOULD ALSO LIKE TO SAY AND SUPPORT OR SUGGEST THAT WE REALLY LOOK HARD ON ON THAT THOSE ADDITIONAL PROGRAMS TO SUPPORT LAVERNE COMING THROUGH THIS COVID 19 PANDEMIC, ESPECIALLY ON THE BACK END, TO HELP REINVIGORATE OUR RESIDENTS AND OUR BUSINESSES SO THAT WE COME OUT OF STRONG, WHICH WOULD FURTHER ENABLE THE REPAYMENT OF THE RAINY DAY FUNDS. SO I AM HOPING THAT WE REALLY FOCUS PRUDENTLY AND FINANCIALLY ON HOW DO WE HELP STIMULATE OUR COMMUNITY IN A IN A GROWTH FULL WAY. SO THANK YOU. ANYONE ELSE, COUNCIL MEMBER CROSBY? BOB, CAN YOU GO BACK TO THE SLIDE WORD HAS THE RESERVES ALL ON THE BOTTOM? I JUST WANT TO REVIEW THAT ONE MORE TIME BECAUSE I DID SOME MATH. I JUST WANT TO MAKE SURE IT'S CLEAR TO ALL OF OUR OUR RESIDENTS. AGAIN, WHAT WE HAVE DONE AND WHAT WE'RE LOOKING TO DO. SO YOU SAY YOUR ESTIMATE IS JUNE 30TH AT 2020 IS TO BE TEN POINT FIVE MILLION DOLLARS. THAT IS ROUGHLY ABOUT 31 PERCENT OF OUR REVENUES AS A RESERVE. AND YOU'RE LOOKING TO SPEND MAYBE A MS.. YOU KNOW THAT THAT FOR A RAINY DAY, WHICH IS RAIN AND OR IT DID ALL DAY TODAY AND THEN BAD BY MATH, YOU'RE ROUGHLY ABOUT NINE POINT FIVE BILLION DOLLARS A RESERVE COME IN NEXT YEAR. THAT GOES DOWN ONLY TO TWENTY EIGHT PERCENT. THAT'S REALLY ONLY YOU THE THREE PERCENT OF OUR RESERVES THAT FOR IT FOR THIS HELP, WHICH IS REALLY STILL MAINTAINING OUR BALANCE, WHICH IS GOOD STEWARDS OF OUR MONEY AND REALLY HELPING OUT TO MAKE SURE MAINTAINING OUR OUR CITY AND WHAT WE'RE DOING. SO I JUST WANT TO MAKE SURE THAT WAS POINTED OUT AND REALLY REINFORCED AGAIN, WHAT YOUR YOUR YOUR PLAN WAS AND WHERE WE'RE AT AND AT HOW WE AGAIN MOVE FROM 2017 AT JUST NINE POINT ONE MILLION AND MOVED ALL THE WAY TO 2020 AT TEN POINT FIVE, WHICH ALLOWS US TO USE THAT MONEY AND STILL NOT GO BELOW THE 2017 USE TERMS. SO THANK YOU AGAIN TO ALL THE COUNCIL MEMBERS THAT WERE PART OF THE COUNCIL AND TO THE STAFF THAT HELPED US GET THROUGH TO THIS POINT SO THAT WE ARE NOT LIKE OUR NEIGHBORING CITIES WHERE THEY ARE HAVING TO REDUCE BY 10 PERCENT. WE'RE USING THAT PART OF OUR RESERVES FOR THAT. COUNCIL MEMBER LAU. I JUST WANT TO SAY THANK YOU FOR THE STRATEGY ON THE QUARTERLY REPORTING ON WHERE WE STAND, BECAUSE I THINK IT'S GONNA BE VERY IMPORTANT FOR US TO BE FLEXIBLE AND ADAPTABLE TO WHATEVER SITUATIONS MAY COME. YOU KNOW, I THINK THERE'S A LOT OF PREDICTIONS OUT THERE, BUT WE DON'T KNOW HOW THIS PANDEMIC IS GOING TO EVOLVE. I'M HOPING THAT IT OBVIOUSLY GOES AWAY SOONER RATHER THAN LATER. BUT HAVING THOSE REGULAR CHECK POINTS SO THAT WE ARE MAINTAINING OUR FISCAL STABILITY IS REALLY IMPORTANT. SO THANK YOU FOR FOR DOING THAT. AND I WOULD ECHO COUNCIL MEMBER DAVIS REQUEST THAT WE LOOK AT THE LOCAL STIMULUS PACKAGES. WE DO HAVE THIS IMPRESSIVE RESERVE IN THE SENSE THAT IT'S GROWN, YOU KNOW, YEAR TO YEAR. AND WHAT BETTER WAY TO SPEND IT THAN TO MAKE SURE THAT OUR COMMUNITY SURVIVES, NOT JUST SURVIVES THIS PANDEMIC, BUT HOPEFULLY CAN THRIVE COMING OUT OF IT. SO TO THE EXTENT THAT WE CAN COME UP WITH SOMETHING THAT WE CAN DO, THAT WE CAN DO, I WOULD HIGHLY ENCOURAGE THAT. THANK YOU. COUNCIL MEMBER CARDER. NO, I'M GOOD. I'M GOING TO REITERATE. FIRE, POLICE, STIMULUS. I THINK THAT'S KEEP THIS COMMUNITY GOING, KEEP IT SAFE, FIRST OF ALL, BUT KEEP THEIR BUSINESSES IN BUSINESS. THEY HAVE BEEN GOOD TO US FOR MANY, MANY YEARS AND WE NEED TO ASSIST THEM WHERE WE CAN. WE HAVE TO KEEP OUR OUR OUR RESERVES STILL. BUT I THINK IT'S TIME TO BE GENEROUS WITH THOSE WHO WERE GENEROUS WITH US. SO I AGREE. ANYTHING ELSE, MR. RUSSI? I HAVEN'T HAD ANY QUESTIONS? AND I APOLOGIZE FOR BEING 10 MINUTES AWAY FROM OUR NEXT MEETING. [01:20:03] BUT TECHNOLOGY GOT IN OUR WAY, SO OTHERWISE. NO, I THINK I HAVE A DIRECTION. THANK YOU. THANK YOU. AS AS MR. ROSALES WOULD SAY, WE'RE HAVING VIRTUAL DINNER. WELL, WE'RE NOT. MAY BE EATING DURING THE NEXT MEETING. THAT'S OK. YOU DO WHATEVER YOU NEED TO. ALL RIGHT. MARK. I'LL SEE YOU ALL ON MY NEXT ONE IN 10 MINUTES. THANK YOU, MR. ALVARADO. MR. RUSSI. THANK YOU, EVERYBODY. THANKS, EVERYBODY. MEETING IS ADJOURNED AT 6:21. * This transcript was compiled from uncorrected Closed Captioning.