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HomeMy WebLinkAboutMinutes - City Council - unsigned - 1992-01-181 01/18/92 City Council, Adjourned Regular Meeting Council Workshop - Shasta House 8750 Wonderland Boulevard Redding, California January 18, 1992 8:30 a.m. The Adjourned Regular Meeting was called to order by Mayor Dahl, with the following Council Members present: Arness, Fulton, Moss and Dahl. Council Member Buffum was absent. Also present were City Manager Christofferson, Assistant City Manager McMurry, City Attorney Hays, Electric Utility Director Lindley, Planning and Community Development Director Perry, Public Works Director Galusha, General Services Director Masingale, Finance Director Downing, Personnel Director Bristow, Information Systems Director Kelley, Airports Director Ruff, Electric Utility Operations Manager Ryan, Electric Utility Resource Manager Coleman, Tourism and Convention Director Gorman, Electric Utility Power Plant Manager Heckenberg, Budget Services Officer Starman, Public Information Officer Bachman, and City Clerk Strohmayer. City Manager Christofferson provided Council with an overview of the Workshop agenda. He provided Council the final proof of the State of the City Report for information, and a draft copy of the Mid-year Progress Report on status of major projects, and a copy of the Project Tracking System Report. GENERAL FUND UPDATE (B-130-070) Finance Director Downing reviewed the Interdepartment Communication to Council dated January 17, 1992, incorporated herein by reference, of the City's financial picture and outlined several positive impacts, as well as negative impacts. Positive Impacts Ms. Downing explained that as part of the 1991-92 State budget process, PERS employers were granted retirement contribution savings. AB702 eliminated two special cost of living accounts within the PERS fund. The balances in these accounts are required to be used as an offset to employer contributions to PERS. PERS has indicated that the City's allocation is approximately $2,600,000 (equivalent to one year's employer contributions), of which $1,600,000 will directly benefit the General Fund. Effective the first payroll period ending in December, the City is required to offset employer contributions to the AB702 credit until exhausted. The City also has the option to recapture any monies previously paid for employer contributions retroactive to July 1, 1991 (approximately $988,000). Ms. Downing also explained that in fiscal year 1990-91, the City was notified by PERS of a surplus account balance of $1,509,932 which resulted from an actuarial study. As part of this study, they looked at the number of employees and prospective retirees. The funds were divided into two parts: public safety and miscellaneous employees. All miscellaneous employee funds were exhausted last year, but interest accruing on it amounted to about $45,000. On the portion that dealt with Safety, we received approximately $400,000 plus accrued interest. In the current year, we have $455,000 that relates to that surplus for which the City received benefit this fiscal year. The 1991-92 Annual Budget anticipated that it would be necessary to transfer $100,000 from the General Fund to the Tourism/Convention Fund to fund operating expenses in the Community Services Department. However, since revenue from the transient occupancy tax has been higher than projected, it is now anticipated that this transfer will not be necessary. Council previously took action to implement $825,000 in budget cuts ($411,000 during "Round I" and $414,000 during "Round II"). Specifically, Council (1) reduced expenditures by $675,000 and (2) reduced the reserve for employee compensation increases by $150,000. In addition, Council has expressed its desire to make additional budget cuts later this month. 2 01/18/92 Negative Impacts The State Legislature, in an attempt to balance its own budget, reduced local revenues associated with the cigarette tax ($72,000) and fines and forfeitures ($150,000), for a total reduction of $222,000 in previously budgeted revenues for fiscal year 1991-92. This action occurred several weeks after Council had adopted a balanced budget for the City. The State Legislature did not repeal booking fees or property tax administration fees, despite strong repeated assurances and signals from some key legislators (including Senator Ken Maddy, who sponsored SB2557) prior to July 1, 1991, that SB2557 would be repealed. Supplemental appropriations to date total $1,596,000. The majority of these supplemental appropriations ($1,349,000) are prior year carryovers (expenditures obligated but not paid at year end). These carryovers include such items as purchase orders which were issued during, but not paid for in, fiscal year 1990-91, contracts which obligate the City to make payments in fiscal year 1991-92, etc. The remaining supplemental appropriations ($247,000) reflect actions taken by Council after July 1, 1991 (Buenaventura EIR, Fish and Game Fees, booking fees, etc.) The City Manager previously informed Council that sales tax revenue was off by about $474,000 for the three month period ending October 31, 1991. The Finance Department projects that the cumulative shortfall for the entire fiscal year 1991-92 will total approximately $1,400,000. Based on information received from the County Auditor-Controller, the Finance Department has decreased the property tax revenue estimate by $452,000 (as compared to the revenue estimate contained in the 1991-92 Annual Budget). Part of this downward revision resulted from the fact that actual revenues received in fiscal year 1990-91 were $315,000 less than the revised estimate; therefore, the fiscal year 1991-92 revenue estimate was calculated based on an "inflated" base, compounding the problem in the current year. It was originally thought that the County had withheld booking and property tax administration fees, which accounted for the difference. The City has subsequently been advised by the County Auditor-Controller that only property tax administration fees were offset against the property taxes remitted. The business license revenue estimate for fiscal year 1991-92 was based on the existing Municipal Code. Council subsequently took action to amend the Municipal Code to exempt real estate agents from business license requirements. The Finance Department projects that this action by Council to provide such exemptions will result in the loss of about $52,000 in revenue. Construction activity in the City has declined from last year. Based on the most recent information available from the Building Division, the Finance Department has reduced the revenue estimates associated with Building, Electrical, Plumbing, and Mechanical Permits by $647,000. In a related area, based on the same criteria, Building Plan Check Fee revenue estimates were also decreased by $244,000. Council authorized the movement of all revenue and related expenditures associated with the Victor Avenue Extension Project from the General Fund to the Development Fund. This action reduced revenue as well as expenditures by $570,000 (resulting in no net effect to the General Fund). Based on more recent information, the Finance Department has reduced various other revenue estimates, in total, by $445,000. "Other revenue" includes such things as revenue from miscellaneous licenses and permits, revenue from other governmental agencies, charges for services, etc. In the 1991-92 Annual Budget, the "beginning funds available" figure estimated for the General Fund was approximately $2,800,000. However, the City's Comprehensive Annual Financial Report, which was just recently completed, revealed that the beginning funds available figure was actually $2,400,000 when adjusted for the PERS surplus. Council was also provided with the following information: A table of the revised General Fund summary reflecting the positive and negative impacts, which indicated a negative reserve of $1,869,000 ending fiscal year 1992 if no further adjustments are made. 3 01/18/92 A list of expenditure alternatives to eliminate/mitigate theoretical negative balance, and a list of resource alternatives to eliminate/mitigate theoretical negative balance. The General Fund could end fiscal year 1991-92 with a theoretical negative balance. However, the Finance Department would stress that this potential negative balance is still only "theoretical." It is a certainty that most of the information contained in the report will continue to change as we get further into the fiscal year. As such, the magnitude of the theoretical negative balance will continue to fluctuate throughout the fiscal year. Ms. Downing conveyed that Council should be aware of the following potential issues: Our revised revenue estimates are fairly conservative and are based on the assumption that the economy will continue to experience an economic downturn throughout the remainder of fiscal year 1991-92. Although this assumption appears to be reasonable, it is possible that the economy could begin a recovery sooner. Although $38,100,000 has been appropriated from the General Fund as of January 1, 1992, it is highly likely that actual expenditures will be less than that amount. The City typically has approximately $1,400,000 in carryovers each year. AB702 is being challenged in court. It is anticipated that a decision will be reached sometime in February. Staff recommends the following expenditure reductions and resource enhancements: Expenditure Reductions Reduce all General Fund budgets by three percent representing savings of approximately $1,000,000. Authorize department directors, in consultation with the City Manager, to allocate the reductions. In some instances, these reductions could result in the need to lay off existing employees. Further reduce various General Fund departments' travel and training expenditures representing savings of $25,000. Eliminate purchase of police vehicles and related equipment representing savings of $118,000. Reduce park maintenance and recreation programs representing savings of $50,000. Defer acquisition of exhaust extraction system for Fire Hall #1 representing savings of $20,900. Eliminate traffic safety program when grant expires on February 19, 1992, representing savings of $83,000. Further reduce various General Fund departments' overtime expenditures representing savings of $100,000. Defer construction of stem walls in various fire halls representing savings of $2,000. Reduce General Fund contribution to City Hall capital project fund representing savings of approximately $130,000. Resource Enhancements Implement in lieu franchise fees on City-owned utilities. If the fee was set at three percent, this action would generate approximately $450,000 in fiscal year 1991-92, and approximately $1,800,000 per year thereafter. Council should also consider imposing franchise fees on other utilities operating within the City (e.g., Pacific Gas & Electric (electric services) and communication service providers). Revised parking citation bail amount by $5.00 to provide full cost recovery of program for prior year and future periods. This action would generate approximately $17,000 in fiscal year 1991-92 ($50,000 per year thereafter). This action requires prior court approval. 4 01/18/92 Expand Transient Occupancy Tax ordinance to include overnight mobile home/trailer park facilities. This action would generate approximately $9,000 in fiscal year 1991-92 and approximately $36,000 in future years. Transfer surplus property sales revenues of approximately $750,000 from the Development Fund to the General Fund for capital project purposes. BUDGET POLICY ISSUES (B-130-070 & E-120-300-700 & S-020-300) Staff requested Council input and direction on the following budget policy issues as enumerated in the City Manager's Report to Council dated January 16, 1992, incorporated herein by reference: 1. No modification was made to the City's Mission and Goal's Statement adopted by Council on June 7, 1988. 2. No modification was made to the City's policy on the environment, economic development, and growth management, as adopted by Council April 2, 1991. 3. Council directed staff to take the conservative approach when developing the 1992-93 budget. 4. With regard to funding of community groups, i.e., S.H.A.R.E., the community gardens, the County Library, it was the consensus of Council to quantify all the community services/events the City subsidizes, and directed staff to prepare a report on updated costs to the City for community services/events. 5. Council indicated that Community Development Block Grant monies should be expended in areas that provide traditional services. 6. No modification was made in implementing the Parks and Recreation Master Plan. 7. Council directed staff to proceed with the acquisition of property in the Southwest Oregon Gulch for ultimate use as a landfill site if it can be arranged without impacting the rate structure. 8. Electric Department staff provided updates on the refurbishment of the Redding Power Project and the Combustion Turbine Project. Electric Utility Operations Manager Ryan reported that initially when the bids came in, the cost was $148,000, however, Electric Utility Power Plant Manager Heckenberg determined the initial work required was excessive and narrowed the scope, which then reduced the cost to $80,460.00, resulting in a significant savings. He added that they may be able to realize additional savings by installing auxilliary boilers to modify the existing boilers which would eliminate the need to shut the plant down entirely. The cost would be about $1,500,000 versus $3,200,000 for the conversion to natural gas if the City used the auxilliary boiler method. With regard to the sale of Redding Power's surplus materials and sawmill equipment, Electric Utility Director Lindley advised that a recommendation will be submitted to Council at its January 21, 1992 meeting. Relative to the Industrial Power Technology (IPT) Combustion Turbine Project, Electric Utility Resource Manager Coleman reported that a contract with IPT, and an engineer's report are being developed. A preliminary Official Statement for financing will be submitted to the Electric Utility Commission (EUC) on February 6, 1992. In addition, the California Energy Commission (CEC) will be making a presentation to the EUC regarding the siting process and pitfalls. Council Members Arness and Moss will attend the February 6, 1992 EUC meeting for the presentation. Council advised staff to continue on the current course of action. 5 01/18/92 9. Council deferred any action on the Sports Complex to the January 20, 1992, adjourned meeting. 10. No action was taken on reinstating any of the deferred projects, such as street resurfacing and slurry sealing. 11. Assuming appropriate funding mechanisms can be devised, Council expressed a desire to proceed with needed repairs and renovation of the Convention Center in 1992-93. 12. Airports Director Ruff gave a presentation regarding the recently- authorized passenger facility charge (PFC) for the airport. He said the implementation of the PFC program could generate an additional $180,000 per year. As a means of augmenting currently-available funding in order to move in the direction of financial independence for the airport, Council directed staff to proceed with the concept. 13. Council advised staff to continue with current efforts to eliminate subsidy of the Downtown Mall. 14. In regard to the EDA infrastructure grant, approximately $1,000,000, and required matching funds, several matching fund source possibilities were discussed, such as borrowing from the property sales surplus funds or water and sewer utility reserves. 15. Risk Manager Mlinarcik reviewed his memorandum to Council dated January 16, 1992, incorporated herein by reference, regarding a proposal to establish new funding policy for self-insurance programs, and augment the insurance reserves. It was the consensus of Council to take no action on this item this fiscal year. 16. Council directed staff to include the addition of a safety officer position into the 1992-93 budget for discussion during budget study sessions. 17. With regard to financing the improvements associated with the closure of Benton landfill, Council was advised the estimated cost to cap it is close to $6,000,000. An additional $2.50/month per household would generate the needed funds within five years. Council suggested a portion of the cost be worked into the solid waste rates by November, 1992. 18. With regard to the costs associated with the City's various commissions, Council was advised that a request went out to all departments to evaluate the cost of commissions under their jurisdiction and that information is due this week. ADJOURNMENT There being no further business, at the hour of 2:40 p.m., Mayor Dahl declared the meeting adjourned to 5:15 p.m., Monday, January 20, 1992, at the City Council Chambers, 1313 California Street, Redding, California, to consider the award of bid for construction of the Sports Complex. APPROVED: __________________________________ Mayor ATTEST: ______________________________ City Clerk