HomeMy WebLinkAboutCity Council PresentationsCity Council
Regular Meeting
April 20, 2021
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Public Comment
City adopted Civility Guidelines
Listen First
•We will make an honest effort to understand views and reasoning of others by
listening to understand, not listening to find fault, allowing thoughtful discussion
to lead to the best possible outcomes.
Respect Different Opinions
•We will invite and consider different perspectives, allowing space for ideas to
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Public Comment
City of San Luis Obispo Community
Facilities District No.2019-1 (San
Luis Ranch)
Bond Issuance Approval
6
Recommendation
7
Approve the bond issuance for the City of San Luis Obispo Community Facilities
District (CFD)No.2019-1 (San Luis Ranch)by taking the following actions:
1.Adopt a Resolution authorizing the issuance of the San Luis Ranch CFD
Special Tax Bonds,in an aggregate principal amount of not to exceed
$20,500,000
2.Authorizing the execution and delivery of an Indenture,a Bond Purchase
Agreement and a Continuing Disclosure Certificate
3.Authorizing the distribution of an Official Statement in connection therewith
and authorizing the execution of necessary documents,certificates,and
related actions.
8
San Luis Ranch Community Facilities District
9
Background
•On April 20,2021,the City Council held a special election to
approve the updated Rate and Method of Apportionment
(RMA)for the CFD.The CFD was previously authorized to
incur bonded indebtedness in the aggregate principal amount
of not to exceed $25,000,000 to be secured by the levy of a
Special Tax on taxable property within the San Luis Ranch
CFD.
•Based on the adoption of the amended and restated RMA,the
City Council can now take the necessary steps to issue bonds
for the CFD.The aggregate principal amount of the bonds
must not exceed $20,500,000.
10
Analysis
The purpose of the CFD Special Tax Bonds is to finance certain
public infrastructure necessary for the development of the SLR
project.
The proceeds will be used to finance acquisition and construction of
certain public facilities such as the Prado Road overpass that is
currently estimated at $63 million,a debt service reserve fund,and
cost related to the issuance of the Bonds.
The City Staff has already established necessary accounts with the
County Tax Collector to administer the special tax collection through
the property tax roll.
11
Next Steps
•Once all necessary documents are approved by the Council,the Official
Statement for the bond issuance will be release and staff expect the bonds
to be sold by the week of May 3rd.
•The City has closely coordinated with its bond counsel,its municipal advisor,
special tax consultant,the selected underwriter,as well as the developer for
a successful bond issuance that took into consideration an appraisal and
absorption study for the CFD.
Recommendation
12
Approve the bond issuance for the City of San Luis Obispo Community Facilities
District (CFD)No.2019-1 (San Luis Ranch)by taking the following actions:
1.Adopt a Resolution authorizing the issuance of the San Luis Ranch CFD
Special Tax Bonds,in an aggregate principal amount of not to exceed
$20,500,000
2.Authorizing the execution and delivery of an Indenture,a Bond Purchase
Agreement and a Continuing Disclosure Certificate
3.Authorizing the distribution of an Official Statement in connection therewith
and authorizing the execution of necessary documents,certificates,and
related actions.
City of San Luis Obispo Community
Facilities District No.2019-1 (San
Luis Ranch)
Special Tax and Rate and Method of Apportionment
Amendment
13
Recommendation
14
Advance the Rate and Method of Apportionment (RMA)amendment of City of
San Luis Obispo Community Facilities District No.2019-1 (San Luis Ranch)by
the following actions:
•Adopt a Resolution Calling a Special Mailed-Ballot Election
•Adopt a Resolution of Change of the RMA
•Introduce an Ordinance to levy the Special Tax for the Fiscal Year 2021-2022
and following fiscal years
15
San Luis Ranch Community Facilities District
16
17
Rate and Method of Apportionment (RMA) Amendment
The changes to the RMA include:
1.An addition of an undeveloped special tax on the property
expected to be developed into for-sale efficiency units
2.A leveling of the special tax for the multifamily residential
units so that it is based on type,not square footage
3.A clarification to the treatment of any low-income units added
to the CFD after the date of the RMA
The Resolution of Consideration for these changes was adopted on March 16,2021
18
Voter/ Landowner Approval to amend the RMA
A public hearing must be held to approve the Resolution calling a
Special Mailed-Ballot Election.As there are not property owners yet,
the Mello-Ross Act allows for ballots to be sent to the landowners
ahead of the adoption of the Resolution.
The landowners have completed the ballots and returned the results
to the City Clerk.
The qualified electors (landowners)within the CFD,must approve
the proposed amendments by a two-thirds vote.
19
Approval of Ordinance
Ordinance No 1661 (2019)was approved on April
16,2019 to authorize the levy of a special tax in
SLR CFD,based on the RMA.
In connection with the RMA amendment,a new
Ordinance will be introduced directing and
effecting the levy of the special tax based on the
amended RMA.
20
Next Steps
Step 1
Hold Public Hearing for
the Special Election
Step 2
Adopt Resolution of
Change and introduce
the Ordinance setting
the special tax.
Proceed with issuance
of infrastructure bonds
Step 3
Step 4
Approve bond issuance Adopt Ordinance setting
the special tax for the
district.
Recommendation
21
Advance the Rate and Method of Apportionment (RMA)amendment of City of
San Luis Obispo Community Facilities District No.2019-1 (San Luis Ranch)by
the following actions:
•Adopt a Resolution Calling a Special Mailed-Ballot Election
•Adopt a Resolution of Change of the RMA
•Introduce an Ordinance to levy the Special Tax for the Fiscal Year 2021-2022
and following fiscal years
Strategic Budget Direction
2021-23 Financial Plan
April 20, 2021
Review draft budgets, Major City Goal work programs, Significant Operating
Budget Changes, Capital Improvement Plan
22
23The Art of the Longview
•Requires Disciplined Focus (Culture of Discipline)
•Can be complex when everything seems both “urgent” and
“necessary”
•Major City Goals
•Combination of “wicked problems”
•Confront Brutal Challenges
•Systemic Racism
•Climate Crisis
•Housing/Homelessness
•Economic Disruptions
•Civic understanding and Community
engagement are critical
•Balancing expectations with resources
24City Manager Budget Message
•Balanced Budget (Forecast supports ongoing)
•Focus, Focus, Focus
•Recovery from Covid-19
•Address resource deficiencies in operating functions
•Investment in capital –facilities, transportation, parks
•Thoughtful and strategic investment in Major City
Goals based on feedback from Council
•Address Local Revenue Measure Spending priorities
•New challenges, new opportunities
•Continued payments to CalPERS
•Considerations of fiscal realities
•Ongoing Monitoring, Reporting & Adjustment
Proceed
with
Caution
Optimistic, responsive
ambitious&
1.Review the strategic budget direction report (Attachment A)
A.Long Term fiscal forecast
B.Major City Goal Programs & Deliverables
C.Ongoing Community Services
D.Local Revenue Measure Uses
E.Significant Operating Budget Changes
F.Capital Improvement Plan
G.Enterprise Funds
2.Provide feedback and guidance (“direction”) to the City Manager
regarding the recommended strategic budget direction and proposed
budget allocations to commence budget adoption on June 1, 2021.
Recommendations
25
26FOCUSED QUESTIONS FOR COUNCIL
1.Do the major city goal work programs include tasks, budget and timing to
address Council and community expectations.
2.Does the CIP include projects and budget allocations to address Council and
community expectations?
3.Does the Council support the REOC recommendations and determine that the
proposed uses for capital and operations fit into the priorities as identified by
the REOC and Council?
4.Does the Council support the reduced rate changes for water and sewer
funds?
5.Does the Council support the recommended program changes and proposed
rate structure for parking?
COUNCIL NEXT STEPS
1.Approve-Financial Plan and Budget Appropriations
2.Advocate (Housing, Homeless, DEI, Climate) @ Federal, State,
County and Community Partner Level
1.Community Partnerships, Regionalism, Governance, Etc.
3.Monitor-Impact and Outcomes of Work programs
4.Adjust-Work Programs
A: General Fund
Forecast
27
Financial Forecast
•Assumption of return to “normal” through 2021 calendar year into 2022
•Most revenues to return to pre-covid levels with modest long-term growth
•Right-size operating budgets with modest growth
•One-time allocation of resources to advance Major City Goals
•Unpredictability and forecasting longer-term assumptions are difficult and subject to
change.
$8.9 million
One-time allocation to offset
revenue losses
Balanced budget based on current assumptions.
28
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
$-
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
Actual FY20 Budget FY21 Budget FY22 Budget FY23 Projected FY
24
Projected FY
25
Projected FY
26in thousandsGeneral Fund Five Year Forecast
OpEx*Capital Total Revenue
Revenue over
Expenditures (thousands)$32$951 $158$868 $234
*including debt & transfers
Local Sales
Tax Measure
Detailed Forecast on Council
Reading File Pg. 25
29
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Considerations
Fulfill ambitious work
programs and Community
goals
CalPERs payment goals to
address Unfunded Liability
In Thousands FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26
Undesignated
Fund Balance
(Estimated)
$4,320 $2,205 $1,755 $736 ($351)
Council Reading File Pg. 25, line 44
Focus and discipline needed for long-term
fiscal health.
30
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
B: Major City Goals
31
Major City
Goals
32
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
MCG –Economic Recovery
Expectations and Outcomes:
➢Engage and expand community partnerships and invest in
infrastructure, and efforts that support the economic and social
recovery and resiliency of the community while ensuring fiscal
sustainability.
➢Focus on business retention, the recovery of arts and culture, the
vitality of the downtown, and support to underserved groups and
populations.
➢All actions will be viewed through the lens of the City’s sustainability
and DEI efforts.
Economic
Recovery,
Resiliency & Fiscal
Sustainability
Total Investment
Council Reading File Pg. 28
33
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
MCG –Diversity, Equity, Inclusion
Expectations and Outcomes:
➢Develop and implement strategies, programs and policies that build a
workplace culture and community of inclusion, fairness and
belonging for all.
➢Involve marginalized communities and diverse voices in program
development and delivery to ensure current lived experiences are
understood, priorities are addressed, and the City’s efforts are relevant
and meaningful.
➢Partner with proven community providers and utilize best practice models
to leverage City resources and to maximize effectiveness and impact of
initiatives.
➢Identify and track measurable results in maturing diversity and inclusion
efforts.
Total Investment
Diversity, Equity,
Inclusion (DEI)
Council Reading File Pg. 46
34
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
MCG –Housing and Homelessness
Expectations and Outcomes:
➢Prioritize new and ongoing Housing Element policies and programs
that focus on facilitating the increased production of affordable and
workforce housing, in addition to market rate housing.
➢Engage with the community, regional agencies, local non-profit
partners, and the Federal government to leverage resources to be
utilized to implement strategies that reduce homelessness.
Total Investment
Housing and
Homelessness
Council Reading File Pg. 37
35
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
MCG –Climate Action
Expectations and Outcomes:
➢Reduce greenhouse gas emissions at both the municipal and community level on a
trajectory consistent with the Climate Action Plan target of carbon neutrality by 2035.
➢Achieve the vision to preserve and enhance the San Luis Obispo Greenbelt
➢Integrate best practices for urban forestry throughout the community and City
landscape to accrue the multiple benefits that trees provide including shading and
cooling,beautification,habitat,stormwater retention,and carbon sequestration.
➢Implement Tier 1 projects identified in the Active Transportation Plan (ATP),and
planning and investment in transit service enhancements and transit fleet
electrification,in order to achieve the mode-share split objectives identified in the
Circulation Element of the General Plan.
➢Adapt and become more resilient to the impacts of climate change through the
Resilient SLO planning process and through increased implementation efforts that
address public health and safety.
Total Investment
Climate Action,
Open Space &
Sustainable
Transportation
Council Reading File Pg. 55
36
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
C: General Fund
Community Services
37
Ongoing Community Services
2021-22 General Fund Base Budget = $62,657,775
Council Reading File Pg. 66
38
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
D: Local Revenue
Measure
39
Local Revenue Measure Uses
Community Priorities:
1)Protect Financial Stability
2)Community Safety and Emergency
Preparedness
3)Creek and Flood Protection
4)Address Homelessness
5)Safe and Clean Public Spaces
6)Economic Development and Business
Retention
7)Youth/Senior Services and Recreation
Facilities
8)Street Maintenance and Transportation
9)Open Space/Natural Areas Preservation and
Maintenance
10)Other Services and Projects.
Capital to Operating Split is approximately 75/25 during 2021-23
with ramp up to 85/15 split in outer years.Council Reading File Pg. 72
40
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
E: Significant
Operating Budget
Changes
41
Significant Operating Budget Changes (SOBCs)
Opportunity for departments to propose one-time or ongoing changes that help
support Major City Goal efforts or augment ongoing community services.
Considerations:
•The Fiscal Health Response Plan and Fiscal Health Contingency Plan have stalled
the growth of base budgets.
•Ongoing community services must be offset by expected ongoing revenue
39%
30%
15%
8%
8%
Two -Year Combined SOBC Investment by
Type Community Services
Economic Recovery MCG
Housing & Homelessness MCG
DEI MCG
Climate Action MCG
Council Reading File Pg. 83
42
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
SOBC Summary –General Fund
SOBC Type 21-22 22-23
One-time $ 3,764,923 $ 2,487,918
Ongoing Community Services $ 848,037 $ 461,909
Major City Goal Related $ 2,916,886 $ 2,026,009
Ongoing $ 3,571,819 $ 4,137,607
Ongoing Community Services $ 1,377,124 $ 1,866,376
Major City Goal Related $ 2,194,695 $ 2,271,231
Grand Total $ 7,336,742 $ 6,625,526
Council Reading File Pg. 85
Public Safety
▪Emergency
Management Services
▪Fire Training & Safety
Captain
▪Safety Equipment
replacement
▪Data processing
enhancements
Community Services
▪Youth Services Staff
▪Development Review
Resources (offset by
revenue)
▪Housing Support
▪Infrastructure/ Facility
Maintenance
Support Services
▪City Attorney
resources
▪Human Resources
Support
▪Finance Support
▪IT Support
43
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
F: Capital Improvement Program44
Capital Improvement Plan –Project Selection
Criteria
Council Reading File Pg. 100
Climate
Change & DEI LRM Priority
Pandemic
Response
Needs
Core
Infrastructure
Need
Past
Commitment
Safety &
Resilience
45
Climate
Change & DEI LRM Priority
Pandemic
Response
Needs
Core
Infrastructure
Need
Past
Commitment
Safety &
Resilience
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Capital Improvement Plan –Project Categories
ASSET
MAINTENANCE
ASSET
REPLACEMENT
NEW
ASSETS
Council Reading File Pg. 104
46
Two-year total $42,772,366
Five-year total $98,376,012
Two-year total $50,321,510
Five-year total $127,678,513
Two-year total $33,263,097
Five-year total $153,985,097
Project Delivery Operating Budget Augmentation
Two-year total $1,500,000
Five-year total $4,500,000
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Capital Improvement Plan –Major City Goal
Council Reading File Pg. 114
47
39%
1%
15%
45%
CIP Combined Two-Year Investment in MCGs
Climate Action, Open Space, Sustainable
Transportation ($2.9 million)
Diversity, Equity, Inclusion ($440 thousand)
Economic Recovery, Resiliency and Fiscal
Sustainability ($11.6 million)
Housing & Homelessness ($3.4 million)
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Capital Improvement Plan –
Calendar Year 2021 Projects
Council Reading File Pg. 116
48
ID Calendar Year 2021 CIPs Approximate
Total Budget
1 Sinsheimer Hardscape Replacement $135,000
2 Mission Plaza Railing Replacement $80,000
3 Meadow Park Pathway Maintenance $250,000
4 Sinsheimer Irrigation and Drainage $650,000
5 Broad & Leff Culvert Repair $500,000
6 Downtown Paving Repairs 2021 $3,434,000
7 Laguna Lake Dredging 2021 $840,000
8 Parks and Recreation Interior Office Rehabilitation$500,000
9 North Broad Street Neighborhood Park $845,000
10 Swim Center Boiler Replacement $85,000
11 City Hall Landing Repair $60,000
12 French Park Parking Lot Maintenance $110,000
13 Curb Ramps at Galleon and Newport $40,000
14 Tank Farm / Orcutt Roundabout Construction $3,600,000
15 Total $11,129,000
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
G: Enterprise Funds
49
Water Fund Forecast
$-
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
Actual 2019-20 Budget 2020-21 Budget 2021-22 Forecast 2022-23 Forecast 2023-24 Forecast 2024-25 Forecast 2025-26in thousandsOpEx*Capital Unreserved Working Capital - Year End Revenue
* Revenue and expenditures include debt service payments & proceeds
Financial Plan Years
Detailed forecast on Council
Reading File Pg. 120
50
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Water Fund FY 21-22 Operating Budget
Water Admin/Engineering
6%
Source of
Supply
62%
Water
Treatment
18%
Water
Distribution
11%
Water
Resources
3%
Total: $16.85 Million
Significant Operating Budget Changes
Council Reading File Pg. 121
51
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Sewer Fund Forecast
$-
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
Actual 2019-20 Budget 2020-21 Budget 2021-22 Forecast 2022-23 Forecast 2023-24 Forecast 2024-25 Forecast 2025-26in thousandsOpEx*Capital Unreserved Working Capital - Year End Revenue
* Revenue and expenditures include debt service payments & proceeds Detailed Forecast on Council
Reading File Pg. 127
Financial Plan Years
52
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Sewer Fund FY 21-22 Operating Budget
Water Resource
Recovery
50%
Wastewater
Admin/Engineering
16%
Wastewater
Collection
15%
Environmental
Programs
3%
Utilities Revenue
7%
Water Quality
Lab
9%
Total: $7.92 Million
Significant Operating Budget Changes
Council Reading File Pg. 128
53
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Utility Rates
•Utility rates determined by operational costs and necessary reserve levels to
keep the funds healthy
•Proposed rate increases scheduled for public hearing on June 15, 2021
•More robust and accessible rate assistance program also proposed
•Latest rate confirmation study shows lower than previously recommended
rate increases
Council Reading File Pg. 121 & 128
Water Rate Increases
2021-22 2022-23
Original Forecast 5.5%5.5%
Proposed 3.5%3.5%
Sewer Rate Increases
2021-22 2022-23
Original Forecast 6.5%6.5%
Proposed 3.5%3.5%
54
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Major Utilities Capital Projects coming in
2021-23:
All projects listed on Council Reading File Pg. 125 & 132
WRRF Project Airport Gravity Sewer Mainline Replacements Inflow and Infiltration
Reservoir 2 Cover
Replacement
Recycled Water
Expansion Project
Water Treatment Plant
Infrastructure Renewal
Strategy
California Waterline
Project
----Water----
----Sewer----
55
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
Actual 2019-20 Budget 2020-21 Budget 2021-22 Forecast 2022-23 Forecast 2023-24 Forecast 2024-25 Forecast 2025-26
Current Forecast with No Action
Revenue*Expenditure Unreserved Working Capital - Year End
Parking –Long Term Forecast
Decline in
unreserved
working capital
vital to maintaining
debt service
coverage ratio
Palm-Nipomo
* Includes debt proceeds in FY 23-24
Detailed forecast on Council Reading File Pg. 138In thousands56
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Parking –Long Term Forecast
Palm-Nipomo
* Includes debt proceeds in FY 23-24
Detailed forecast on Council Reading File Pg. 138
$-
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
$50,000
Actual 2019-20 Budget 2020-21 Budget 2021-22 Forecast 2022-23 Forecast 2023-24 Forecast 2024-25 Forecast 2025-26
With Proposed Revenue Strategy and Budget Changes
Revenue*Expenditure Unreserved Working Capital - No changes Unreserved Working Capital w/ Enhancements
Re-balancing fund
to healthy levelIn thousands57
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Parking –Revenue Enhancement Strategies
Detailed strategies included on Council Reading File Pg. 137
58
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Garages:
1. Phase Out of 1st
Free Hour
2. Reduction of
Max Daily Rate
3. Rate Increase
(Approved for July
2020)
On-Street &
Lots:
4. Expansion of
Enforcement Hours
(6p-9p)
5. Rate Increase
(Approved for July
2020)
6. Tier Based Pricing
7. Paid Parking at
Railroad Square
8. Paid Parking in
Upper Monterey Area
9. Loss of Meters for
Old Town District
Enforcement:
10. Expansion of
Enforcement
Hours (6p-9p)
11. Sate/County
Surcharge
12. Penalty
Schedule Fine
Amounts
13. Old Town
District
Enforcement
Districts:
14. Establish Old
Town Parking
District
$820,000 $758,600 $182,400 $35,600
Parking –Operating Budget Changes
Parking Fund SOBCs21-2222-23Total
Ongoing
Parking Enforcement (3 FTE Additions)$ 220,927$ 230,947$ 451,874
Parking Maintenance (2FTE Additions)$ 138,187$ 144,392$ 282,578
Revenue and Contract Services Reductions Offset$ (558,123)$ (645,114)$ (1,203,237)
Total $ (199,008)$ (269,775)$ (468,784)
Council Reading File Pg. 141
59
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Parking –CIP
Parking Fund
5-Year CIP
New Assets:
$43.5M
Palm-Nipomo
Phase 1
$6.5M
Palm-Nipomo
Phase 2
$37M
Asset
Replacement:
$414K
New –Gateless
Parking Garages
$130K
Fleet
Replacement
$167k
Misc. Information
Technology
$117k
Asset
Maintenance:
$3.3M
Parking Garage
Maintenance
$3.3M
HVAC Air
Handler
$30K
Council Reading File Pg. 142
60
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Why are these projects
are important?
•New garage will bring
efficiencies with SLOREP
•Activation of downtown
•Balance supply and
demand
•New technologies allow
for convenience and
additional time and
flexibility via mobile apps
Transit Fund
•Maintains balanced budget thanks to support from federal funding and
conservative spending
•Approximately $2.7 million in working capital
•Proposed rate increases are needed to fund service and help achieve 20% local
revenue requirements. Originally scheduled for July 2020 –postponed by Covid
•Transportation Development Act (TDA)and American Rescue Plan (ARP)
July 2020 Rate Increases
Postponed due to covid
Activate Rate Increases in
July 2021
Transit SOBC:FY 21-22
Transit Innovation Study $50,000
Council Reading File Pg. 144
61
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Transit Fund -Capital
•Capital Projects are highly reliant on future discretionary grant funding
Council Reading File Pg. 144
62
B:
Major City
Goals
E:
SOBCs
F:
Capital
G:
Enterprise
Funds
A:
General
Fund
Forecast
C:
Community
Services
D:
Local
Revenue
Measure
Footnotes 1 & 2: dependent on specific grant funding.
Next Steps
Review & Adoption of 2021-23 Financial Plan 6/1
Enterprise Fund Review 6/1
Continued 2021-23 Financial Plan (if needed)6/15
Water & Sewer Rates –Proposition 218 Hearing 6/15
Review & Adoption of 2021-23 Financial Plan 6/29 (If needed)
63
1.Review the strategic budget direction report (Attachment A)
A.Long Term forecast
B.Major City Goals
C.Ongoing Community Services
D.Local Revenue Measure Uses
E.Significant Operating Budget Changes
F.Capital Improvement Plan
G.Enterprise Funds
2.Provide feedback and guidance (“direction”) to the City Manager
regarding the recommended strategic budget direction and proposed
budget allocations to commence budget adoption on June 1, 2021.
Recommendations
64
65FOCUSED QUESTIONS FOR COUNCIL
1.Do the major city goal work programs include tasks, budget and timing to
address Council and community expectations.
2.Does the CIP include projects and budget allocations to address Council and
community expectations?
3.Does the Council support the REOC recommendations and determine that the
proposed uses for capital and operations fit into the priorities as identified by
the REOC and Council?
4.Does the Council support the reduced rate changes for water and sewer
funds?
5.Does the Council support the recommended program changes and proposed
rate structure for parking?
COUNCIL NEXT STEPS
1.Approve-Financial Plan and Budget Appropriations
2.Advocate (Housing, Homeless, DEI, Climate) @ Federal, State,
County and Community Partner Level
1.Community Partnerships, Regionalism, Governance, Etc.
3.Monitor-Impact and Outcomes of Work programs
4.Adjust-Work Programs
66
PUBLIC COMMENT
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➢State your First and Last name
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Public Comment
The Regular Meeting of the
San Luis Obispo
City Council
will resume shortly
*Recess in Progress*