HomeMy WebLinkAbout03-08-2018 REOC Minutes
City of San Luis Obispo, Council Agenda, City Hall, 990 Palm Street, San Luis Obispo
Minutes
Citizens’ Revenue Enhancement Oversight Commission
Thursday, March 8th, 2018
CALL TO ORDER
A Regular Meeting of the Citizens’ Revenue Enhancement Oversight Commission was called to
order on Thursday, March 8, 20187 at 5:30 p.m. in the Council Hearing Room, located at 990 Palm
Street, San Luis Obispo, California, by Chair Michael Multari
ROLL CALL
Present: Commissioners Ken Kienow, Jeannette McClure, and Ken Tasseff, Vice Chair Chris
Coates and Chair Michael Multari
Absent: Commissioner Chris Coates (arrived at 5:40 pm).
Staff: Greg Hermann, Interim Deputy City Manager; Ryan Betz, Interim Assistant to the City
Manager; Xenia Bradford, Director of Finance; Rico Pardo Account Manager/Controller;
Alex Ferreira, Budget Manager, Derek Johnson, City Manager
CONSIDERATION OF MINUTES
ACTION: MOTION BY COMMISSIONER TASSIF, SECOND BY COMMISSIONER
KEINOW, CARRIED 4-0 (COATES ABSENT) to approve the minutes of the December 7, 2017
meeting.
PUBLIC COMMENT PERIOD FOR ITEMS NOT ON THE AGENDA
None
BUSINESS ITEMS
1. Annual Audit Review. Review the audited financial statements contained in the
Comprehensive Annual Financial Report for the Local Revenue Measure.
Xenia Bradford, Finance Director, reviewed the audited financial statements for the 2016-17
Comprehensive Annual Financial Report for the Local Revenue Measure and responded to
Commission questions.
Commissioner Multari inquired about the expenditure appropriations in the report. He further
noted that the categories in the financial report are not consistent with ones in the annual
San Luis Obispo - REOC Minutes of March 8, 2018 Page 2
community report. Staff agreed to make future modifications to the financial report so that
they are consistent with the annual community report.
Ken noted that an Asterix under the Capital Projects did not have a corresponding note. Staff
will follow up with the Commission on the corresponding note.
Public Comment:
None
---End of Public Comment ---
ACTION: MOTION BY COMMISSIONER KEINOW, SECOND BY COMMISSIONER
MCCLURE., AND CARRIED UNANIMOUSLY to receive the audited financial statements
contained in the Comprehensive Annual Financial Report (CAFR) for the Local Revenue
Measure.
2. Annual Community Report Review/Annual Citizen Oversight Meeting. Review the draft
2016-17 Annual Community Report and Report in Brief and provide feedback. Review and
discuss recommendations for the 2016-17 Annual Community Oversight meeting (Ryan Betz
& Greg Hermann).
Ryan Betz, Interim Assistant to the City Manager and Greg Hermann, Interim Deputy City
Manager presented the report and responded to Commission questions.
Multari thanked the ad-hoc committee members for their work on the Report in Brief and the 2016-
17 Annual Community Report.
Greg stated that the Report in brief will go out with the March Utility billing.
The Commissioners provided general feedback for staff to incorporate into the final report. They
also directed staff to hold the annual citizen oversight meeting on Thursday, April 12th, 2018 in
the City Council Chambers Room at City Hall at 5:30 pm. Staff will distribute a press release for
the event and will stream the meeting on the City’s Facebook page using Facebook Live
Public Comment:
None.
---End of Public Comment ---
ACTION: MOTION BY COMMISSIONER COATES, SECOND BY COMMISSIONER
TASSEFF, TO ADOPT THE ANNUAL REPORT WITH THE COMMISSIONS’
COMMENTS TO BE INCORPORATED INTO THE FINAL REPORT.
COMMENT & DISCUSSION
San Luis Obispo - REOC Minutes of March 8, 2018 Page 3
3. Staff Communications
a. Funding the Future of SLO presentation
Greg Hermann, Interim Deputy City Manager, presented the Funding the Future for SLO,
including the vision, funding options and received feedback from the Commission.
The Commission asked questions regarding potential cannabis revenues and the financial systems
associated with the industry. Staff provided general information for some of the permit options,
financial options that other cities are using to regulate the cannabis industry. The Commission
also asked questions regarding the proposed financial options for funding the capital projects over
the next 20 years, including a new sales tax, community facilities district, and general obligation
bonds.
4. Commission Communications
None.
ADJOURNMENT
ACTION: MOTION BY COMMISSIONER COATES, SECOND BY COMMISSIONER
MCCLURE, CARRIED UNANIMOUSLY to adjourn the meeting at 7:25 p.m.
The next regular meeting date and time for the Citizens’ Revenue Enhancement Oversight
Commission will be Thursday, April 12, 2018 at 5:30 p.m. at the City Council Chambers Room.
APPROVED BY THE ADVISORY CITIZEN’S REVENUE ENHANCEMENT OVERSIGHT
COMMISSION: 04/12/2018