HomeMy WebLinkAboutMinutes - City Council - 02-16-23 - Special177
Redding City Council, Special Meeting
Civic Center Council Chambers
777 Cypress Avenue
Redding, CA 96001
February 16, 2023, 5:15 p.m.
The Special Meeting General Fund Budget Workshop was called to order at 5:20 p.m. by
Mayor Michael Dacquisto with the following Council Members present: Tenessa Audette,
Mark Mezzano, Jack Munns, and Julie Winter.
Also present were: City Manager Barry Tippin, City Attorney Barry E. DeWalt, Assistant City
Manager Steve Bade, Director of Finance/City Treasurer Gregory Robinett, City Clerk Pamela
Mize, and Interim City Clerk Sharlene Tipton.
City of Redding Budget Workshop Meeting One.
3A. Fiscal Year 2022-23 mid -year budget review and associated Resolution.
City Treasurer/Director of Finance Robinett highlighted the Report to the Redding City
Council (staff report) and provided a PowerPoint presentation, both incorporated herein
by reference.
A discussion amongst the Council ensued.
A MOTION WAS MADE by Council Member Winter, seconded by Council Member
Mezzano, to accept the Fiscal Year 2022-23 Mid -Year Budget Report for the City of
Redding; and adopt Resolution No. 2023-019, a resolution of the City Council of the
City of Redding, approving and adopting the 81't Amendment to City Budget
Resolution No. 2021-078 appropriating $10,333,320.
The Vote:
AYES: Council Members - Audette, Mezzano, Munns, Winter, and Dacquisto
NOES: Council Members - None
ABSTAIN: Council Members - None
ABSENT: Council Members - None
Resolution No. 2023-019 is on file in the Office of the City Clerk.
3B. Development of the City of Redding biennial budget for Fiscal Years 2023-25.
City Manager Tippin highlighted the Report to the City Council (staff report), and
provided a PowerPoint presentation, both incorporated herein by reference.
Mr. Tippin noted that this is the first of a series of four workshops with the final
workshop scheduled for a regular Council meeting. He stated the purpose of the
workshops is to review the General Fund in detail and for staff to receive direction from
the Council regarding each topic. Mr. Tippin explained that the workshops are
structured to allow the Council to have an open dialog regarding the goals they wish to
achieve.
Topics for Council review and to provide direction to staff.
Revenue Assumptions for the following.
Sales Tax, Property Tax, Transient Occupancy Tax, Cannabis & Other Taxes, and
General Fund — Tax Revenue Summary.
A consensus of the Council support moving forward with the revenue assumptions as
presented by staff.
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Reddiny, Electric UtLlity. (REU) internal loans to the General Fund:
1. Police Radio Loan from REU:
A consensus of the Council supported building the loan balance repayment plan into
the 10 -year budget with the beginning payment due during budget year 2023-24 at
approximately $475,000 per year with interest at the pooled cash rate.
2. Soccer Park Loan from REU to the General Fund:
A consensus of the Council: (a) supported forgiving the loan and directed staff to return
at the March 7, 2023, meeting with an agendized item to formalize the decision for
accounting purposes; and (b) supported continuing the loan payment program from
Redding Youth Soccer to the General Fund with payments to begin in 2023.
Update to the 2021-22 mid -year budget recommendations:
1. Fire Stations:
A consensus of the Council directed staff to: (a) discontinue pursuing a bond issuance
since the market has changed and it is not feasible at this time; (b) continue to pursue
the property purchase for a future Station 9; (c) continue to work with architect on
existing station needs; (d) develop a plan for Council's consideration for improvement
at the stations based on available cash; and (e) address construction of Station 9 during
future budget years.
2. Other General Fund Facilities:
A consensus of the Council directed staff to reduce the $250,000 previously approved
for facilities repairs to $125,000.
3. Fire Rolling Stock and Equipment Replacement:
A consensus of the Council directed staff to: (1) reduce the rolling stock budget by
$200,000 for a new budget of $450,000 per year; and (2) reduce equipment replacement
budget by $95,000 for a new budget of $235,000 per year.
4. Police Rolling Stock:
A consensus of the Council directed staffto reduce the rolling stock budget by $50,000
for a new budget of $450,000 per year.
5. Police Body Worn Cameras:
A consensus of the Council directed staff to reduce the budget by $250,000 per year
for a new budget of $500,00 per year to match current cost estimates.
American Rescue Plan Act (ARPA) Funding Update:
A consensus of the Council directed staff return to a future meeting regarding the $2.5
million set-aside for Stillwater construction and the $3.5 million set-aside for
Broadband; and provide options for reallocation of those funds to other needs within
the City of Redding.
Refunding 2013 Bond:
A consensus of the Council directed staff to work toward refunding the 2013 bond
issuance to obtain savings.
Airport Budget:
A consensus of the Council directed staff to: (1) work to move away from the Payment
in Lieu of Tax (Pilot) and to move toward General Fund charges for services
performed; and (2) return to the Council for decisions regarding the level of
reimbursement.
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CalPERS Prepayment:
A consensus of the Council directed staff to proceed, as in past years, with the
prepayment by utilizing Redding Electric Utility (REU) cash reserves in order to realize
the savings. The General Fund would reimburse REU including interest.
PARS Unfunded Liability (UFL)
A consensus of the Council directed staff to no re -amortize and stay the course to
continue to pay down the UFL.
Other Postemployment Benefits (OPEB
I
At the request of the Council, staff will return at a future meeting with information
regarding possible mitigation measures.
City Manager Goals and Objectives:
A consensus of the Council directed staff to maintain the goals and objectives as
presented.
ADJOURNMENT
There being no further business, Mayor Dacquisto declared the meeting adjourned at the hour
of 7:36 p.m.
ATTEST:
Pamela Mize,City Clerk
Michael Dacq''u'isto, Mayor
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