pages: CityCouncil/2008-12-16.pdf, 10
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CityCouncil | 2008-12-16 | 10 | scheduled for tomorrow; stated the 2011-2012 and 2012-2013 period is the worry; the City will be hit with between a 1% and 5% increase if losses are not recovered. Mayor Johnson stated people need to know how the PERS system works i PERS does not take any risks; PERS sends the City a bigger bill if investment goals are not met; requested a long-term budget forecast. The Interim Finance Director stated today's market makes it very difficult to do a five-year forecast; a five-year revenue and expense projection could be done once the City gets passed the next six months and service levels are established for the next twenty- four months; now is the time to stay cash rich; that she has been advised that rates will drop 3% to 4% in March or April. Mayor Johnson stated expenses need to be forecasted. The Interim Finance Director stated the City would not be able to write a check for unfunded liabilities in one or two years; the City can chip away at unfunded liabilities within sixty months. Vice Mayor deHaan stated a new, national recovery plan is proposed every week; other cities are closing down one day per week; the City needs to understand all options. Councilmember Matarrese requested that the Fire and Police Chiefs make a presentation on current service levels and potential cuts before any significant change is proposed for service delivery; stated Council needs to provide policy direction before pulling the trigger. The City Manager stated staff would discuss plans for next year's budget as well as potential brown outs at the next Council meeting. Mayor Johnson stated discussion should include flattening the organization also. The City Manager stated the issue would be part of the policy discussion. Vice Mayor deHaan stated other options should be presented also. Mayor Johnson stated staff should be creative; Sunnyvale and Rohnert Park police vehicles are labeled "Police/Fire". COUNCIL COMMUNICATIONS Regular Meeting Alameda City Council 10 December 16, 2008 | CityCouncil/2008-12-16.pdf |