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Home My WebLink About05-23-2024 REOC Agenda Packet Revenue Enhancement Oversight Commission AGENDA Thursday, May 23, 2024, 5:00 p.m. City Hall, 990 Palm Street, San Luis Obispo The Revenue Enhancement Oversight Commission holds in-person meetings. Zoom participation will not be supported. INSTRUCTIONS FOR PUBLIC COMMENT: Public Comment prior to the meeting (must be received 3 hours in advance of the meeting): Mail - Delivered by the U.S. Postal Service. Address letters to the City Clerk's Office at 990 Palm Street, San Luis Obispo, California, 93401. Email - Submit Public Comments via email to advisorybodies@slocity.org. In the body of your email, please include the date of the meeting and the item number (if applicable). Emails will not be read aloud during the meeting. Voicemail - Call (805) 781-7164 and leave a voicemail. Please state and spell your name, the agenda item number you are calling about, and leave your comment. Verbal comments must be limited to 3 minutes. Voicemails will not be played during the meeting. *All correspondence will be archived and distributed to members, however, submissions received after the deadline may not be processed until the following day. Public Comment during the meeting: Meetings are held in-person. To provide public comment during the meeting, you must be present at the meeting location. Electronic Visual Aid Presentation. To conform with the City's Network Access and Use Policy, Chapter 1.3.8 of the Council Policies & Procedures Manual, members of the public who desire to utilize electronic visual aids to supplement their oral presentation are encouraged to provide display-ready material to the City Clerk by 12:00 p.m. on the day of the meeting. Contact the City Clerk's Office at cityclerk@slocity.org or (805) 781-7114. Pages 1.CALL TO ORDER Chair Hamari will call the Regular Meeting of the Revenue Enhancement Oversight Commission to order. 2.PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA The public is encouraged to submit comments on any subject within the jurisdiction of the Revenue Enhancement Oversight Commission that does not appear on this agenda. Although the Commission will not take action on items presented during the Public Comment Period, the Chair may direct staff to place an item on a future agenda for discussion. 3.CONSENT Matters appearing on the Consent Calendar are expected to be non- controversial and will be acted upon at one time. A member of the public may request the Revenue Enhancement Oversight Commission to pull an item for discussion. The public may comment on any and all items on the Consent Agenda within the three-minute time limit. 3.a CONSIDERATION OF MINUTES - MARCH 7TH REVENUE ENHANCEMENT OVERSIGHT COMMISSION MINUTES 5 Recommendation: To approve the Revenue Enhancement Oversight Commission Minutes of March 7th, 2024. 4.FY 2024-25 SUPPLEMENTAL BUDGET RECOMMENDATIONS 7 RECOMMENDATION Recommend to the City Council the proposed use of Local Revenue Measure funds as part of the Fiscal Year 2024-25 Supplemental Budget 1. 5.STAFF AND COMMISSIONER ANNOUNCEMENTS 5.a STAFF UPDATES 5.b COMMISSIONER UPDATES 6.ADJOURNMENT The next Regular Meeting of the Revenue Enhancement Oversight Commission will be scheduled next quarter in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo. LISTENING ASSISTIVE DEVICES are available -- see the Clerk The City of San Luis Obispo wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities. Any person with a disability who requires a modification or accommodation in order to participate in a meeting should direct such request to the City Clerk’s Office at (805) 781-7114 at least 48 hours before the meeting, if possible. Telecommunications Device for the Deaf (805) 781-7410. Agenda related writings or documents provided to the Revenue Enhancement Oversight Commission are available for public inspection on the City’s website, under the Public Meeting Agendas web page: https://www.slocity.org/government/mayor-and-city-council/agendas-and- minutes. Meeting video recordings can be found on the City’s website: http://opengov.slocity.org/WebLink/Browse.aspx?id=61028&dbid=0&repo=CityCl erk Page 4 of 11 1 Revenue Enhancement Oversight Commission Minutes March 7, 2024, 5:00 p.m. Council Hearing Room, 990 Palm Street, San Luis Obispo REOC Commissioners Present: Chair Hamari, Vice Chair Bozzano, Commisioners Gardner, McCarthy, Skapinsky _____________________________________________________________________ 1. CALL TO ORDER A Regular Meeting of the San Luis Obispo Revenue Enhancement Oversight Commission was called to order on March 7, 2024 at 5:00 p.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo, by Chair Hamari. 2. PUBLIC COMMENT FOR ITEMS NOT ON THE AGENDA Public Comment: No Public Comment 3. CONSENT 3.a CONSIDERATION OF MINUTES – JANUARY 25, 2024 REVENUE ENHANCEMENT OVERSIGHT COMMISSION MINUTES Motion By Commissioner McCarthy Second By Commissioner Gardner To approve the Revenue Enhancement Oversight Commission Minutes of January 25, 2024. Ayes (5): Chair Hamari, Vice Chair Bozzano, Commissioners Gardner, McCarthy, Skapinsky CARRIED (5 to 0) 4. BUSINESS ITEMS 4.a REVIEW AND TAKE PUBLIC TESTIMONY ON THE 2022-23 LOCAL REVENUE MEASURE ANNUAL COMMUNITY REPORT Page 5 of 11 2 Staff presented and responded to commissioner questions. Motion By Vice Chair Bozzano Second By Commissioner Skapinsky 1. Approve the 2022-23 Local Revenue Measure Annual Community Report, with a recommendation to remove one photograph Ayes (5): Chair Hamari, Vice Chair Bozzano, Commissioners Gardner, McCarthy, Skapinsky CARRIED (5 to 0) 6. ADJOURNMENT The meeting was adjourned at 5:34 p.m. The next Regular Meeting of the Revenue Enhancement Oversight Commission is scheduled for May 23, 2024 at 5:00 p.m. in the Council Hearing Room at City Hall, 990 Palm Street, San Luis Obispo. _________________________ APPROVED BY REVENUE ENHANCEMENT OVERSIGHT COMMISSION: XX/XX/202X Page 6 of 11 Fiscal Year 2024-25 Supplemental Budget Local Revenue Measure The Local Revenue Measure (LRM) is a 1.5 percent local sales tax approved by City voters in November 2020 that went into effect on April 1, 2021. It replaced the previous .5 percent local sales tax approved by City voters in November 2006. The revenue provided by this measure has become instrumental in maintaining public infrastructure and delivering critical operating programs to address emerging needs identified by the community. Local Revenue Measure Ballot Language (G-20) “To protect City of San Luis Obispo’s financial stability; ma intain fire/community safety, health emergency/disaster preparedness; protect creeks from pollution; address homelessness; keep public areas clean/ safe; retain local businesses; maintain youth/senior services, streets, open space/natural areas, and other general services, by extending voter- approved funding at a 1.5¢ rate, providing approximately $21,600,000 annually until ended by voters; requiring audits/ all funds used locally ” Table 5.1. Budget by Priority The table above represents Local Revenue Measure contributions to each priority. These priorities also receive funding from other sources including the General Fund and certain enterprise funds. Changes from Financial Plan The priority allocations above reflect the community ’s feedback from development of the 2023-25 Financial Plan. Changes to recommended operating budget allocations since plan development are driven by typical year to year changes in salaries and benefits and employee turnover. Changes to Capital Improvement Program (CIP) budget allocations are based on a true-up of programming to a realistic level based on available financial and staff resources. Detailed changes to budget allocations are listed in the tables below. Priority FY 2024-25 Budget % of Total Street Maintenance and Transportation $9,150,627 29% Community Safety and Emergency Preparedness $6,625,119 21% Youth/Senior Services and Recreation Facilities $5,287,099 17% Other Services and Projects $3,342,390 10% Safe and Clean Public Areas $1,889,662 6% Creek and Flood Protection $1,718,127 5% Open Space/Natural Areas Preservation and Maintenance $1,555,889 5% Protect Financial Stability $1,178,100 4% Address Homelessness $907,987 3% Economic Development and Business Retention $200,000 1% Total 31,855,000$ Page 7 of 11 Table 5.2. Changes from Financial Plan Note: Negative numbers in the “Supplemental Budget” column below represent re-allocations of prior year budget. This happens either when projects can be delivered under budget or when staff have made the assessment that a project won’t move forward in the next fiscal year and those resources are better allocated elsewhere. Page 8 of 11 Page 9 of 11 Page 10 of 11 Page 11 of 11