HomeMy WebLinkAboutReg 2023-07-17 Item 5C - Contract - Long-Range Financial Sustainability Plan and Utility Rate with Berk Consulting for $225,000COUNCIL AGENDA SYNOPSIS
Initials
Meeting Date
Prepared by
Mayors review
Council review
7/10
AY
7/17
AY
ITEM INFORMATION
ITEM No.
5.C.
STAFF SPONSOR: VICKY CARLSEN
ORIGINAL AGENDA DATE: 7/10/ 23
AGENDA ITEM TITLE Contract for Comprehensive Financial Sustainability Plan
CATEGORY ® Discussion
Mtg Date 7/10/23
Motion
Mtg Date 7/17/23
Resolution
Mtg Date
❑ Ordinance
Mtg Date
Bid Award
Mtg Date
❑ Public Hearing ❑ Other
Mtg Date Mtg Date
SPONSOR ❑ Council ❑ Mayor ❑ Admin Svcs ❑ DCD
Finance ❑ Fire ❑ P&R ❑ Police ❑ PW
SPONSOR'S
SUMMARY
Staff is requesting approval to sign a contract with Berk, partnering with FCS Group for
development of a comprehensive financial sustainability plan and utility rate study for an
amount not to exceed $225,000.00
REVIEWED BY
❑ Trans&Infrastructure Svcs ❑ Community Svcs/Safety ® Finance & Governance ❑ Planning & Community Dev.
❑ LTAC ❑ Arts Comm.
DATE: 6/26/23
❑ Parks Comm. ❑ Planning Comm.
COMMITTEE CHAIR: KRULLER
RECOMMENDATIONS:
SPONSOR/ADMIN. Finance Department
COMMITTEE Unanimous Approval; Forward to Committee of the Whole
COST IMPACT / FUND SOURCE
EXPENDITURE REQUIRED
$225,000
AMOUNT BUDGETED
$225,000
APPROPRIATION REQUIRED
$
Fund Source: GENERAL FUND & UTILITY FUNDS
Comments:
MTG. DATE RECORD OF COUNCIL ACTION
7/10/23 Forwarded to next Regular Meeting consent agenda
7/17/23
MTG. DATE ATTACHMENTS
7/10/23 Informational Memorandum dated 6/20/23
Proposal
Contract (added after 6/26 FIN Committee meeting)
Minutes from the 6/26 Finance and Governance Committee meeting
7/17/23 No attachments
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