pages: CityCouncil/2009-02-07.pdf, 13
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CityCouncil | 2009-02-07 | 13 | The City Manager stated pay-as-you-go for OPEB differs from pay-as- you-go for capital improvement projects. The Interim Finance Director stated that she would change the wording. Councilmember Matarrese stated the document should be in plain English. Vice Mayor deHaan inquired whether XII.D.! should include : "the City may consider allowing a value-to-debt ratio of 3:1. " The Interim Finance Director stated the ratio might be considered in certain circumstances for a really good project. Vice Mayor deHaan inquired whether the City has ever done so, to which the Interim Finance Director responded not to her knowledge. Councilmember Matarrese stated if the reason not to follow the policy outweighs the benefit of following it, the matter could come to Council; there should not be wiggle room. The Interim Finance Director stated that she would leave the sentence, but take out the 3:1 ratio; she would keep in mind said theme about exceptions when she goes through the document : reviewed Human Resources Management [Section XIII] ; inquired whether the section should be deleted and addressed under personnel policies and procedures. Mayor Johnson stated part relates to the Council's role in the budget i suggested parts that are not Council budget issues be removed. The Interim Finance Director stated the theme in the first one [XIII.A.: 1] could be used and the rest of the "how tos" could be collapsed. Mayor Johnson stated Council needs to see which positions are funded and which are not under XIII. A. 3. The Interim Finance Director stated the budget template would show that [ funded positions] Councilmember Matarrese stated financing should meet, not drive, the requirements of organizational structures and supervising. Mayor Johnson inquired where cut items would end up; stated that Special Meeting Alameda City Council 13 February 7, 2009 | CityCouncil/2009-02-07.pdf |