HomeMy WebLinkAboutCFAC-Minutes: 09/27/18. of.A&C,
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CITIZEN'S FINANCIAL ADVISORY COMMITTEE
SPECIAL MEETING MINUTES
Thursday, September 27, 2018 at 8:00 a.m.
CITIZEN'S FINANCIAL ADVISORY COMMITTEE SPECIAL MEETING
CALL TO ORDER — Committee Chair Segal called the meeting to order at 8:00 a.m. in the
Council Chambers Conference Room.
ROLL CALL OF COMMITTEE MEMBERS
PRESENT: Jessica Louie, Robert Miller, Mickey Segal, Tommy Thai, Howard Ursettie
ABSENT: None
1. PUBLIC COMMENTS — None
2. CONSENT CALENDAR
a. Approve the Meeting Minutes of September 6, 2018
It was moved by Committee Member Ursettie, seconded by Committee Member Miller
and carried on roll call vote to approve the September 6, 2018, Meeting Minutes.
AYES: Committee Members Louie, Miller, Segal, Thai, & Ursettie
NOES: None
ABSENT: None
2. REPORTS FROM STAFF LIAISONS
a. List of Handouts and Resource Materials
City Manager Lazzaretto provided an overview of the handouts and resource materials,
which included the following items:
Expenditures by Fund
Expenditures by Division
Revenue Enhancement Rankings
Arcadia Property Sales
Arcadia Transfer Tax
November 2018 LA County Ballot Measures
Par 3 Golf Course Staff Report
2017 Par 3 Golf Course Revenue
Grant Writing Survey
Vehicle Lease Cost Analysis
Prevalence of Illegal Builds
FY 2017-2018 Ambulance Billings
3. REPORT FROM CITIZEN FINANCIAL ADVISORY COMMITTEE MEMBERS
a. Report from Committee — None
4. DISCUSSION ITEMS
a. Presentation and Discussion Regarding City Expenditures and Service Reductions
City Manager Lazzaretto provided an overview of the City of Arcadia's expenditures,
cost saving activities, and service reduction scenarios. This included an overview of
current and historical General Fund Budget trends, showing budgeted versus actual
expenditures. In addition, Mr. Lazzaretto provided an overview of cost saving activities
implemented by each department as well as an additional 12.5% potential service
reduction. The service reduction scenario would eliminate 55.6 full-time employee
positions and cutbacks to Capital Improvement Projects equaling to $8.2 million, with
impact to performance in service quality, safety and reliability, and customer satisfaction.
A discussion ensued regarding the Committee's recommended actions at this time,
resulting in a motion to communicate a preliminary finding to City Council for a 3/< cent
sales tax measure and finding of fiscal emergency on the March 2019 ballot. It was
recommended that an agenda item be placed on the City Council Meeting scheduled for
October 16, 2018.
At the conclusion of the discussion, it was the consensus of the group to obtain
information on the following items:
• Number of members in Arcadia's Ambulance Program
• Par 3 Golf Course proximity to Arcadia Unified School District jurisdiction
• Cost for Museum Curator Position
• Analysis of actuarial assumptions for City of Arcadia PERS calculation
b. Communicate the Committee's Preliminary Finding to City Council
A motion was made by Committee Chair Segal, seconded by Committee Member
Ursettie to place an item on the October 16, 2018, City Council Meeting Agenda
communicating the Committee's preliminary finding declaring the City to be under a state
of fiscal emergency and to place a 3/< cent Sales Tax Measure on the March 5, 2019,
ballot.
It was moved by Committee Chair Segal, seconded by Committee Member Ursettie and
carried on roll call vote.
AYES: Committee Members Louie, Miller, Segal, Thai, & Ursettie
NOES: None
ABSENT: None
ADJOURNMENT
Chairperson Segal adjourned
this meeting at 10:12 a.m..
xC By: aArivir J
Mickey Segal, CF> pers n Laena Shakarian, Staff Liaison