pages: CityCouncil/2011-06-28.pdf, 9
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CityCouncil | 2011-06-28 | 9 | indicates that the City has a long way to go. Councilmember/Board Member/Commissioner deHaan stated Other Post Employment Benefits (OPEB) have increased ten percent over the last year; inquired whether said increase is noted in the budget. The Controller responded page A-1 notes contributions; stated contributions jump from $2.3 million in Fiscal Year 2010-2011 to $2.7 million in Fiscal Year 2011-2012 and to $3 million in Fiscal Year 2012-2013. Councilmember/Board Member/Commissioner deHaan stated that he has yet to see one-time dollars being used at such a high rate. The Controller stated the City has a significant deficit issue; trying to do all the cuts in one year would be dramatic; one time revenues and a small portion of reserves would be used. The Assistant City Manager stated that she requested five and ten percent cuts Citywide; the community has not had an opportunity to provide input regarding cuts; using one time sources would provide a method of transitioning to a lower level of service while planning more appropriately for the future. The Controller stated staff has been upfront regarding using one time funds; a five-year forecast has been provided; the deficit jumps so much in Fiscal Year 2013 because one time funds would not be available in 2013. Councilmember/Board Member/Commissioner deHaan stated the City threshold of having 20% in reserves would erode by next year; that he does not see the economy changing quickly; opening up the next budget dialogue needs to be done soon; the estimated increase in revenue for Fiscal Year 2012-2013 is 1% and expenses are 1.3%, which is not in character with past budgets. The Controller stated the reason for the small revenue increase is primarily due to property taxes; foreclosures are still happening; the property tax increase would be minimal. Councilmember/Board Member/Commissioner Tam stated that she disagrees with Councilmember/Board Member/Commissioner deHaan; commended staff for fixing some prior budget problems; stated the former City Manager forgot to pay $1.3 million in debt and also forgot to pay the County for the administration of collecting property taxes; stated using one-time fees for a one time event is appropriate; a 21% reserve is commendable given the changes the City is going through; service cuts are going to be real and hard for the community; concessions need to be appreciated; the City is very reliant on property taxes as a revenue source; the City will be stuck without diversifying Special Joint Meeting Alameda City Council, Community Improvement Commission and Alameda 9 Reuse and Redevelopment Authority June 28, 2011 | CityCouncil/2011-06-28.pdf |