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HomeMy WebLinkAbout12-17-2020 REOC MinutesREVENUE ENHANCEMENT OVERSIGHT COMMISSION Minutes Thursday, December 17, 2020 Regular Meeting of the Revenue Enhancement Oversight Commission CALL TO ORDER A Regular Meeting of the San Luis Obispo Revenue Enhancement Oversight Commission was called to order on Thursday, December 17, 2020 at 5:30 p.m., by Chair McClure via teleconference. ROLL CALL Present: Absent: Staff: Commissioners Christopher Ellwood, Matt Quaglino, Tony Skapinsky, Vice-Chair Jim Hamari and Chair Jeannette McClure None Greg Hermann Deputy City Manager, Ryan Betz Assistant to the City Manager, and Kevin Christian Deputy City Clerk. PUBLIC COMMENT ITEMS NOT ON THE AGENDA None. --End of Public Comment-- APPROV AL OF MINUTES l.Consideration of Minutes of the Regular Revenue Enhancement Oversight Commission Meeting of December 3, 2020. ACTION: UPON MOTION BY COMMISSIONER ELL WOOD, SECONDED BY COMMISSIONER SKAPINSKY, CARRIED 5-0, to approve the minutes ofthe Regular Revenue Enhancement Oversight Commission Meeting ofDecember 3, 2020, with correction. DRAFT Minutes -Revenue Enhancement Oversight Commission Meeting of December 17, 2020 Page 1 DRAFT Minutes – Revenue Enhancement Oversight Commission Meeting of December 17, 2020 Page 2 BUSINESS ITEMS 2. 2019-20 Local Revenue Measure Unaudited Year-end Expenditures Ryan Betz Assistant to the City Manager, provided a PowerPoint presentation and responded to Commissioner inquiries with assistance from Deputy City Manager Hermann and Public Works Director Matt Horn. Public Comment None End of Public Comment-- No Action: Receive and File. 3. 2019-20 Annual Community Report and Citizen Oversight Meeting Ryan Betz Assistant to the City Manager, provided an overview of the purpose of the Community Report, its past design and current design recommendation, described how a sub-committee of the REOC assists in its creation, provided a review of the upcoming Community Forum which will serve as a joint public meeting of the REOC and City Council, and responded to commission inquiries. Public Comment None End of Public Comment-- ACTION: UPON MOTION BY COMMITTEE MEMBER QUAGLINO, SECONDED BY COMMISSIONER HAMARI, CARRIED 5-0-0 to form a Community Report sub- committee consisting of Commissioners Ellwood and Skapinsky. 4. 2021-23 Financial Plan Process and Revenue Enhancement Oversight Commission Meeting Schedule Ryan Betz Assistant to the City Manager, provided an overview of the Financial Plan Process and key dates for formulating the City’s Major City Goals, described how the goals drive the creation of the City Budget and corresponding 2021-23 City Financial Plan, explained how the REOC meeting schedule is tied to this process, and responded to questions from the commission. Public Comment None End of Public Comment-- No Action: Receive and File. 5.Establish a Capital Improvement Plan (CIP) Reserve Policy for the Local Revenue Measure Fund Brigitte Elke, City Finance Director, provided an overview of the City's established CIP reserve, considerations for why a reserve should be set for the local revenue measure fund, presented possible options for setting such a reserve' s values, and responded to Commissioner inquiries with assistance from Deputy City Manager Greg Hermann and Public W orks Director Matt Hom. Public Comment None --End of Public Comment-- ACTION: UPON MOTION BY VICE CHAIR HAMARI, SECONDED BY COMMISSIONER QUAGLINO, CARRIED 5-0-0 to recommend to the City Council to adopt a Local Revenue Measure Fund capital improvement reserve policy, with the reserve set at 20% of the annual local revenue measure capital improvement plan appropriation, as presented by staff. COMMENT AND DISCUSSION 6.Staff Updates Deputy City Manager Greg Hermann reviewed the launch of the Buy Local program and the upcoming Small Business Grant program. 7.Commission Communications ADJOURNMENT The meeting was adjoumed at 7:18 p.m. The next Regular Meeting of the Revenue Enhancement Oversight Commission will be at the Community Forum on January 14, 2020. APPROVED BY THE REVENDE ENHANCEMENT OVERSIGHT COMMISSION: 02/18/2021 DRAFT Minutes -Revenue Enhancement Oversight Commission Meeting of December 17, 2020 Page 3