Loading...
HomeMy WebLinkAbout04/23/201354:0035 CITY COUNCIUSUCCESSOR AGENCY TO THE ARCADIA REDEVELOPMENT AGENCY SPECIAL MEETING MINUTES TUESDAY, APRIL 23, 2013 CALL TO ORDER - Mayor Segal called the meeting to order at 5:30 p.m. and announced that all members of the City Council were present. a. Report, discussion and direction regarding the Proposed 2013 -14 Fiscal Year Budget. City Manager Lazzaretto, and Administrative Services Director Quach, provided an overview of Fiscal Year 2012 -13, 2013 -14 and 2014 -15 Budgets, Summary of Baseline Budget, General Fund Revenue Comparisons, General Fund Expenditure Comparisons, New Budget Methodologies, Proposed New Programs, Future Budget Pressures; Equipment Replacement Fund, Capital Improvement Fund, Summary of Revenue Enhancement Options, Financial Model 5 Year Outlook and Policy Decisions. The City Council requested a copy of the Budget Study Session PowerPoint presentation and the 5- year Financial Model be forwarded to them along with the Policy Decisions and requested a copy of a list of potential program cuts to be considered for cost saving purposes. There being no other business, the Mayor adjourned this meeting to a continued Special Meeting on Tuesday, April 30, 2013, at 5:30 p.m., in the Police Department, EOC Room for purposes of discussing the proposed 2013 -14 Fiscal Year Budget. ATTEST: Mayor of th City o Arcadia 04 -23 -13