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HomeMy WebLinkAbout04.09.2024 SP Minutes @100pV�H SAh,F .in U O c911Pb1iw P MINUTES SPECIAL MEETING BUDGET STANDING COMMITTEE OF THE CITY OF SOUTH SAN FRANCISCO TUESDAY, APRIL 9, 2024 3:00 p.m. City Hall, City Manager's Conference Room 400 Grand Avenue, South San Francisco, CA CALL TO ORDER ROLL CALL AGENDA REVIEW None. PUBLIC COMMENTS None. MATTERS FOR CONSIDERATION TIME: 3:00 p.m. PRESENT: Mayor Coleman Councilmember Addiego l . Motion to approve the Minutes for the meeting of February 05, 2024. Motion — Councilmember Addiego / Second — Mayor Coleman: to approve the minutes. The motion carried unanimously. 2. Report regarding the discussion of City of South San Francisco Operating Budget for Fiscal Year 2024-25. (Karen Chang, Director of Finance) City Manager Ranals noted that staff was seeking direction and that a subsequent meeting would occur in May. Director Chang stated the report was preliminary and echoed that findings would be reviewed again in May. Director Chang presented the report and shared the City's projected deficit and reviewed contributions to the deficit to include the revenue and expenditures assumptions, general fund revenues, balance budgeting strategies, and one-time resources. Councilmember Addiego inquired about the timeline of the Community Benefits Program. City Attorney Woodruff noted there was not a timeline on the development agreement. City Manager Ranals clarified that staff was directed to hold off on recruitment for vacancies and noted that the 3 million department cuts have not been finalized and are still under review. Mayor Coleman suggested expanding the list of department cuts so that the Council can review and agree on items. Mayor Coleman inquired about the excess revenue in Measure W. Director Chang discussed the excess revenue and balance of the funds. City Attorney Woodruff clarified the purpose of the Measure W Committee and stated that if Council provided direction there is the ability to utilize those funds. Department representatives reviewed and discussed their potential cuts and items for savings. The Council and staff continued to engage in questions and discussions and suggested potential measures for savings to include the sale of DNA Way, leasing of Orange Library, Community Facilities District funds, and staffing. Direction and feedback was provided to staff. ADJOURNMENT Being no further business, Mayor Coleman adjourned the meeting at 4:56 p.m. Submitted by: Approved by: v Jazy4 e iranda James Coleman A istant City Clerk Mayor d Approved by the Budget Standing Committee: SPECIAL BUDGET STANDING COMMITTEE MEETING APRIL 9, 2024 MINUTES PAGE 2