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HomeMy WebLinkAboutCC Min 2016-06-02Seal Beach, California June 2, 2016 The City Council met in a Special Study Session at 7:02 p.m. in the City Council Chambers. Council Member Miller led the Salute to the Flag. ROLL CALL Overview of the FY 2016-2017 Budget process. Present: Mayor Massa-Lavitt ' Absent: Council Members: Deaton, Sloan, Miller Varipapa City Staff: Jill R. Ingram, City Manager Patrick Gallegos, Assistant City Manager Chief Joe Stilinovich, Seal Beach Police Department Chief Joe Bailey, Marine Safety/Lifeguard Victoria L. Beatley, Director of Finance/City Treasurer Jim Basham, Director of Community Development/Community • Services/Interim Director of Public Works Michael Ho, Deputy Director of Public Works • Robin L. Roberts, City Clerk Sloan moved, second by Mayor Massa-Lavitt to excuse Mayor Pro -Tem Varipapa. CITY MANAGER REPORT City Manager Jill Ingram indicated she is happy to report a fully balanced budget with a surplus insuring healthy reserves through the Council's Fiscal Policy. She noted that this is a collaborative team effort that begins in January with staff and City Council. City Manager Ingram thanked the executive management team and the City Council prior to turning over the presentation to the Finance/City Treasurer Director, Victoria Beatley. BUDGET STUDY SESSION Director of Finance/City Treasurer Victoria L. Beatley provided the 2016-2017 FY Budget PowerPoint presentation. • Overview of the FY 2016-2017 Budget process. • Municipal Budgeting 101: Discussion of a balanced budget. • Budget Development: Zero -based budgeting developed based on Federal, State and City Council mandates, supplemental requests; revenue based on the prior three years of actual receipts adjusting for one-time events and known trends, General Fund revenue; expenses based on historical costs, adjusted for one- time events and known price increases; personnel costs based on existing agreements; capital based on project costs using Engineer's estimates; reserves based upon adopted Fiscal Policies. • Seal Beach Mission Statement: The City of Seal Beach provides excellent city services to enhance the quality of life and to preserve our small town character. • City Council Goals: Provide a quality beach and pier environment, including a restaurant; achieve short- and long-term fiscal sustainability; improve and maintain the infrastructure; attract, develop, compensate, and retain quality staff. • Budget Goals: Present balanced budget; preserve current service levels; preserve core work force; and maintain 20-25% fund balance. • Budget Challenges: Lower oil related revenues; Sales Tax; Utility Users Tax; ' Structural changes in CalPERS Practices regarding amortization and rate smoothing, higher mortality age and unfunded liability; Orange County Fire Authority; and the reclassification of DEA Officer back to General Fund. • Revenue Projections: Top Changes in Projections are Property Taxes at $593,300, Utility Users Tax at -$400,000, Transient Occupancy Tax at $297,500 and Sales Tax and Oil Related at — $553,700. • Major Revenue Sources: Sales Tax, Property Tax, and Utility User's Tax make up 65% of Revenue. Revenue assumptions are conservative, based on historical trends and current economic information. Page 2 — City Council 6/2/2016 • Utility User Tax Annual Review: November 2014 - Ordinance 1643 requires annual review of UUT in conjunction with the Annual Budget. Estimate is to generate $4.5 million in FY 2016-2017, is the 2nd or 3rd largest revenue source and is used to maintain essential services. • Expenditure Estimates: Fire Station Bonds - $535,000 (principal and interest — 04/15/2024); OPEB - $291,700 lifetime medical (Retirees); GASB 45 — scheduled to be paid quarterly (include $158,000 from Actuarial Report); Pension Bond - $1,219,200 (principal and interest) and Police - (06/15/2019); COLA — 2% for Executive, Mid -management, SBSPA, OCEA, POA, and PMA; and as of July 2015 all employees are fully paying the employee share. • Council Discretionary Fund Review: District 1 funded the Eisenhower Tot Lot for $20,000; District 2 funded Edison Park Improvement for $10,000, Leisure World Senior Transportation for $5,000 and Wood Fence Repair for $5,000; District 3 funded Curtains for Marina Center for $10,000, Donation to Seal Beach Animal Care Center for $5,000 and Pavers on Bolsa Avenue for $5,000; District 4 funded Boulders on Lampson Median for $ 10,000 and Litigation 405 Toll Lane Project for $10,000; District 5 funded Leisure World Senior Transportation for $5,000 and Landscape on Seal Beach Blvd for $15,000. • General Fund Summary (Operating Budget Only) FY 2016-2017 Budget Revenues over Expenditures: Projected Revenues $29,916,800; Projected Expenditures (29,899,500); and the Estimated Surplus is $17,300. With no objections, Mayor Massa-Lavitt called for a brief recess and then reconvened the study session. The Director of Finance continued the PowerPoint presentation on the proposed budget. • General Fund Balance: Estimated General Fund Balance is $19,354,17. • Supplemental Requests: There were no supplemental requests from staff. • Additional Discussion Points: Council Discretionary eliminated; Non-profit grant request — In-kind services only; Seal Beach Animal Care Center — request for an additional $100,000; AB939 — New fund (litigation/settlement); On-going Labor negotiations; Senior Meals; and Senior Transportation (Golden Age Foundation). Council Members received clarification during the presentation. Mayor Massa-Lavitt indicated that she would ask questions regarding the proposed FY 2016-2017 Budget during the next budget study session scheduled for Monday, June 13th, 2016. ORAL COMMUNICATIONS Mayor Massa-Lavitt opened oral communications. Speakers: Jim Caviola spoke regarding the importance of trees in the community and requested that the City Council budget $20,000 to purchase trees. Joyce Ross Parque spoke about crime in city and trash on Main Street. Robert Goldberg inquired about the operating budget and operating costs. Bruce Bennett spoke regarding tree costs, the Grand Jury and made suggestions regarding the City Website. ADJOURNMENT With no objections, Mayor Massa-Lavitt adjourned the meeting at 8:44 p.m. to Monday, June 13, 2016 at 5:30 p.m. to meet in closed session, if deemed necessary. Approved: Attested: Massa-Lavitt, n L. Roberts, City (ill ; a Robin L. Roberts, City Clerk City of Seal Beach