pages: CityCouncil/2010-06-24.pdf, 9
This data as json
body | date | page | text | path |
---|---|---|---|---|
CityCouncil | 2010-06-24 | 9 | Speakers: David Howard, Alameda, (provided handout); and Gretchen Lipow, Alameda. Following Mr. Howard's comments, Mr. Doezema stated a parcel tax funds the potential of getting above the $49 million revenue limit; local property tax can only contribute to offsetting what State money would be available to get to the $49 million revenue limit; a parcel tax adds something new; the $3.1 million is not new to AUSD; the speaker was drawing a connection between redevelopment, the CIC's tax increment collection, and the State's budget situation; the State's budget situation is very complex; the estimated shortfall is $20 billion; that he does not think the $20 billion shortfall can be blamed on the $3.1 million. Commissioner Gilmore stated both columns [on Chart 5] have a $49 million revenue limit; inquired whether AUSD can spend the money however it wants. Mr. Doezema responded in the affirmative; stated the money is operating money and is not restricted to capital. Commissioner Gilmore inquired whether the $3.1 million has no restrictions but does not add to the operating budget in either column. Mr. Doezema responded in the affirmative; stated the money is not new but is flexible. Chair Johnson inquired whether the total amounts in both columns are operating money, to which Mr. Doezema responded in the affirmative. Chair Johnson stated the speaker thought that part of the money is restricted. Mr. Doezema stated the only part that is restricted is the pink part at the top [$776,000]; both columns are unrestricted. The Economic Development Director stated the $293,000 for capital can be freed up for teachers. Chair Johnson stated the speaker thought that one column is better than the other; the Economic Development Director is saying that the columns are the same. The Economic Development Director stated both columns are the same except for the pink part. Chair Johnson inquired whether both columns are the same for AUSD, to which Mr. Doezema responded in the affirmative. Commissioner Tam stated last week, the City sent the State a little over $4 million in Special Joint Meeting Alameda City Council, Alameda Public Financing Authority, Alameda Ruse 9 and Redevelopment Authority, and Community Improvement Commission June 24, 2010 | CityCouncil/2010-06-24.pdf |