HomeMy WebLinkAboutReso 132-2019 (19-859)City of South San Francisco P.O. Box 711 (City Hall,
400 Grand Avenue)
South San Francisco, CA
City Council
Resolution: RES 132-2019
File Number: 19-859 Enactment Number: RES 132-2019
RESOLUTION APPROVING AND AUTHORIZING THE CITY
MANAGER TO SIGN THE RESPONSE TO THE COUNTY OF SAN
MATEO GRAND JURY REPORT TITLED "SOARING CITY
PENSION COSTS - FOLLOW-UP ON GRAND JURY REPORT OF
2017-2018."
WHEREAS, in June 2018, the San Mateo County Grand Jury ("Grand Jury") issued a report entitled
"Soaring City Pension Costs - Time for Hard Choices" ("Grand Jury report"); and
WHEREAS, on July 29, 2019, the Grand Jury released a report titled "Soaring City Pension Costs -
Follow-up on Grand Jury Report of 2017-2018" with two Recommendations directed at cities to address
issues relating to rising pension costs; and
WHEREAS, Recommendation RI would direct cities to include in their published annual or bi-annual
budgets a general fund operating budget forecast for the next ten fiscal years, and Recommendation R2
would direct cities to include a report in their published annual or bi-annual budgets specifically setting
forth the dollar amounts of its annual pension costs paid to Ca1PERS, with certain specific content
criteria; and
WHEREAS, the Grand Jury requested a response from the City of South San Francisco within 90 days
after the issuing date of the Grand Jury report; and
WHEREAS, staff has prepared a response to the Grand Jury report, attached herein as Exhibit A; and
WHEREAS, the City anticipates to implement Recommendation 1 by publishing a 10 -year budget
forecast for the City's general fund operating budget beginning the next biennial budget cycle
(FY2021-23); and
WHEREAS, the City already discloses the 3 -year historical data raised by Recommendation 2 as a
normal part of the City's Comprehensive Annual Financial Report, and the City's ability to generate
future forecasts will be contingent upon the availability of that data directly from Ca1PERS, who is the
administrator of the City's pension plans.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of South San Francisco does
hereby approve and authorize the City Manager to sign the response, attached hereto as Exhibit A, to the
San Mateo County Grand Jury Report "Soaring City Pension Costs - Follow -Up on Grand Jury Report of
2017-2018."
City of South San Francisco Page 1
File Number: 19-859
Enactment Number. RES 132-2019
At a meeting of the City Council on 10/9/2019, a motion was made by Richard Garbarino, seconded by Mark
Nagales, that this Resolution be approved. The motion passed.
Yes: 5 Mayor Matsumoto, Vice Mayor Garbarino, Councilmember Addiego,
Councilmember Nagales, and Councilmember Nicolas
Attest by L L aau-,
R sa Govea Acosta
City of South San Francisco Page 2