pages: CityCouncil/2021-04-20.pdf, 25
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CityCouncil | 2021-04-20 | 25 | liabilities; the key is to look at long-term liabilities and utilize opportunities and management strategies to knock down long-term liabilities and better assure the fiscal future. Mayor Ezzy Ashcraft stated a previous Council looked at the high percentage of funding reserves being held; a percentage is still always held, with half of the remaining overage paying down the pension and OPEB liabilities; the result has saved the City carrying costs on the debt; it is not accurate to state that the City is drawing down on reserves. Councilmember Herrera Spencer stated that she disagrees with Mayor Ezzy Ashcraft's comments; anyone can look at the numbers to see what has happened in the past; she supports the assumptions being provided in order to see how aggressive it is and in which categories; as the forecast unfolds over time, people will see where adjustments should have been and how much the forecasts will be impacted; hopefully, all assumptions are correct. Mr. Morris stated that he tends to begin conservatively. Councilmember Daysog stated it is important to look at historic trends for expenditure analysis; it is also important to look at the budget from a performance standards perspective; outlined the possible breakdowns of City personnel and Capital Improvement Projects (CIP); stated a budget is crafted from the expenditure side based on spending and Council values or expectations and actual spending; the sustainability on the revenue side will be shown; expressed support for budgeting from a performance measure angle; another area to consider is actual capacity; the analysis needs to be factored in. Councilmember Knox White moved approval of accepting the model and report. Vice Mayor Vella seconded the motion, which carried by the following roll call vote: Councilmembers Daysog: Abstention; Herrera Spencer: No; Knox White: Aye; Vella: Aye; and Mayor Ezzy Ashcraft: Aye. Ayes: 3. Noes: 1. Abstention: 1. (21-276) Recommendation to Provide Direction to Staff Regarding the Allocation of an Anticipated $28.95 Million of Funding from the Federal Government through the American Rescue Plan Act (ARPA) of 2021 to Assist with Recovery from the Impacts of the COVID-19 Pandemic. Not heard. (21-277) Adoption of Resolution Adopting a Tier-Structured Annual Rent Program Fee for the City's Rent Control Ordinance and Implementing Regulations, which Establishes the Proposed Annual Rent Program Fee for Fiscal Year 2021-22 of $148 for Fully Regulated Units and $100 for Partially Regulated Units; Allocates General Fund Money to Pay the Rent Program Fee for Fiscal Year 2021-22 on Behalf of Landlords Participating in the Section 8 Program; and Extends the Due Date for Rent Program Fees for Fiscal Year 2021-22 from July 31, 2021 to September 30, 2021, with Penalties and Interest on Any Late Fees Not Accruing Until September 30, 2021. Not heard. (21-278) Introduction of Ordinance Amending the Alameda Municipal Code by Amending Article XV (Rent Control, Limitations on Evictions and Relocation Payments to Certain Displaced Tenants) to Adopt and Incorporate Provisions Concerning Capital Improvement Plans (CIP) for Rental Units in the City of Alameda. Not heard. CITY MANAGER COMMUNICATIONS Regular Meeting Alameda City Council 20 April 20, 2021 | CityCouncil/2021-04-20.pdf |