PSBFOC 2019-04-11 Minutes - Laserfiche WebLink

Browse Search

chose to remove construction of anew Station 54 from the plan, although Councilmembers expressed support for rehabilitation. 2. Public Safety Plan Financial Overview The Committee reviewed the original and revised revenue and expenditure budgets for the Public Safety Plan. Total actual revenues through April 5 are $40,213,245 from the voter - approved bond, fire impact fees, real estate excise tax, investment interest, and rental income. The total for actual and projected revenues is $127,675,333. The total expenditure budget change is $36,515,077. The remainder of the voted debt, $40,675,046, along with $17.5M in Councilmanic bonds will be issued in 2019. The City will save on bond issuance costs by doing both at the same time. Staff updated the Committee regarding alternates at Station 51. The Council approved budget for 4 of 7 items that had been identified as desirable features not included in the original budget: fire hydrant in the back, bi-fold doors, rough -in for new SCBA gear washer, and underground utilities for future fueling station. The Council had earlier approved budget to make Station 52 a "drive -through" station so that large apparatus will not have to backup into the station. Mr. Goode asked staff to clarify revenue sources beyond the voter -approved bond. The primary sources are fire impact fees, REET 1, and property sales. Mr. Reiswig asked about the impacts to other city activities. While fire impact fees can only be used for fire related purposes, money from property sales and REET 1 could be used for other purposes. Mr. Goode asked if this budget situation could have been avoided. Mr. Conlen stated that construction costs are difficult to predict and market driven. Mr. Goode reiterated that resources are being redirected from other activities. Mr. Reiswig asked why the land acquisition budget for the Justice Center went from $6M to over $15M. Staff responded that the original budget numbers were formula based, and land/real estate had significant increases once locations were identified. 3. Expenditure Reports The Committee reviewed actual Public Safety Plan expenditures through April 5, 2019 including a detailed list and current contracts. Actual expenditures through April 5, 2019 are $26,090,864. The Committee also reviewed a current list of contracts for service associated with the Public Safety Plan. VI. Miscellaneous • Staff noted that the City Council recently appointed Mr. Goode, Ms. Jerwa, and Mr. Coplen to second terms on the Committee. During the Finance Committee discussion on the reappointments, Councilmember Quinn stressed the importance of the Oversight Committee and asked staff to ensure that its members have the City support needed to be effective. He also suggested that the Oversight Committee consider Mr. Gold blatt as resource, and to look for opportunities to engage with the community. Staff asked the Oversight Committee for comments. Mr. Castillo stated that he finds the Committee to be effective and the right people are at the table. He does get questions from other community members and he is able to share the information. Mr. Coplen noted that the Committee reviews the reports provided, so it's hard to comment on what else the City could offer. Mr. Goode stated that he sees the purpose of the Committee is to review the financial reports and ask about outliers, delays, disputes and other 2