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FSP 04-15-2013 City of Cupertino Fiscal Strategic Plan Committee Minutes April 15, 2013 1. CALL TO ORDER At 4:17 p.m. Carol Atwood called the meeting to order at Cupertino City Hall, 10300 Torre Avenue, Conference Room A, Cupertino, CA. 2. ROLL CALL Present: Carol Atwood, Mark Santoro, Gilbert Wong, David Woo, Roger Lee, Timm Borden, Gary Chao, David Brandt, Kristina Alfaro, Jaqui Guzman Absent: Aarti Shrivastava Guests: Amy Chan 3. APPROVAL OF MINUTES Gilbert Wong asked why the committee did not meet earlier to review fees and said that it would be a good idea to have the general direction of the fee schedule presented as in the past as a way of vetting the changes. Wong asked where the list of strategic recommendations was. Wong moved to approve the minutes from May 1, 2012. Timm Borden seconded and the motion passed unanimously. 4. ORAL COMMUNICATIONS -None. 5. WRITTEN COMMUNICATIONS—None. 6. OLD BUSINESS -None 7. NEW BUSINESS A. 2013-14 Budget briefing—Format, review and expenditure assumptions. Carol Atwood introduced the goal of the meeting and turned the presentation portion over to Kristina Alfaro to discuss "Changes to the Budget." Discussion followed on various topics including contingencies, City Channel allocation, vactor truck cost sharing, and workers compensation. Santoro suggested that a special project table be included in one section of the document. Wong and staff discussed moving the dates and times of the budget study session and public hearing to allow for at least 29 days between release of the budget document and final adoption, and to shorten the length of time between release of the document and the budget study session from staff's proposal. Council members were aiming for 45 days but because of timing, it came down to 29 days. The next presentation was turned over to Jaqui Guzman who addressed "Budget Projections & Assumptions." Discussion followed. Santoro questioned the 2014-15 dip in revenues. Wong asked questions about transient occupancy tax, tax equity allocation, Proposition 1 A, utility user tax and the cable franchise. Wong asked if there were any other potential revenue enhancements. Staff said that the committee will go over the list of strategic initiatives at the next meeting. 8. ADJOURNMENT The meeting was adjourned at 6:43 p.m. David Woo, Finance Director