pages: CityCouncil/2008-05-20.pdf, 12
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CityCouncil | 2008-05-20 | 12 | once the budget is adopted. Mayor Johnson stated it is easy for people to be uninformed but provide lots of opinions i the committee could consist of fifteen or twenty members. Councilmember Gilmore stated economic stability is a long-term process and should not only include the City budget but should also have a component such as a rainy day fund so that the City is not at the whim of the State budget; the committee would need to make plans to weather the storm. Councilmember deHaan stated it is never too soon to start a committee; budget information could be shared with the committee; suggested that the City Manager come back with a recommendation; all municipalities are starting to have an uneasy feeling. Vice Mayor Tam stated that Alameda is better off than other cities because of reserves the City and County of San Francisco was able to spot some cost offset for the School District because it developed a rainy day fund; taxpayers, community businesses, the media, School District, and hospital representatives were involved in the discussions; the San Francisco model was a short duration and resulted in a voter initiative that established a rainy day fund; the City is very tight on resources now; she would like to get a feel for how much staff time would be required and staffing recommendations. Councilmember Gilmore stated bringing together diverse groups and interests is more about community welfare, not the economic stability of the City. Councilmember Matarrese stated the City had an Economic Development Strategic Plan Task Force; the Task Force had a limit duration, specific end points, and a large cast of people representing various sectors of the community, including the School District; a prospective should be available on what the costs were. Mayor Johnson stated that she would like to emphasize reviewing true long-term costs for long-term commitments. Councilmember Matarrese suggested using the ten-year planning tool the City invested in a couple of years ago. Councilmember deHaan inquired whether the City Manager could be tasked with how the Economic Sustainability Committee would be structured, to which the City Manager responded in the affirmative. Regular Meeting Alameda City Council 12 May 20, 2008 | CityCouncil/2008-05-20.pdf |