pages: CityCouncil/2011-04-12.pdf, 9
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CityCouncil | 2011-04-12 | 9 | Complex; eliminating the cost allocation entirely would not be prudent; appropriate levels should be reviewed; a cost allocations study has not been done for a couple of years; said study is on tap for Fiscal Year 2011-2012. Mayor Gilmore inquired whether the only anticipated Golf Course charge going forward in Fiscal Year 2011-2012 would be some number for cost allocation. The Acting City Manager responded in the affirmative; stated an Internal Service Fund transfer would not make sense; at one time, plans were to write off the $300,000 loan to the Alameda Reuse and Redevelopment Authority (AARA); however, the loan will be paid back this Fiscal Year. Vice Mayor Bonta inquired what is being done with the PILOT and surcharge going forward. The Acting City Manager responded the forecast for Fiscal Year 2011-2012 zeroed out the PILOT and surcharge, which would continue unless Council directs otherwise. Councilmember Tam stated the Comprehensive Annual Financial Report (CAFR) is audited every year; that she does not recall that specific transfers between the Golf Enterprise Fund and the General Fund were flagged. The Acting City Manager stated that she does not recall either. Councilmember Tam stated the City has three major Enterprise Funds: Sewer, Golf and AMP; the overall budget is approximately $208.6 million; the auditors look very carefully regarding how fund transfers; the Golf Course is an asset for the entire City and the Golf Enterprise Fund is treated the same as every other Enterprise Fund; money does not disappear just because it moves from fund to fund; that she is not sure whether the issue is a problem that she can immediately discern as requiring a solution. Mayor Gilmore suggested forwarding the Golf Commission report to the City Auditor for comment. Councilmember deHaan suggested that AMP be included also. ADJOURNMENT (11-183) - There being no further business, Mayor Gilmore adjourned the meeting at 10:48 p.m. in a moment of silence in memory of Jesus Campos, owner of Otaez Restaurant Respectfully submitted, Lara Weisiger City Clerk Special Meeting 9 Alameda City Council April 12, 2011 | CityCouncil/2011-04-12.pdf |