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Tadashi Yamaoda expressed support for the funding of the new skateboard park. He explained these types of recreation projects do not typically receive state funding. He noted it has been a long time coming to get a full skateboard park in the City. Michael Petersen reported he runs the Farmers Market on West Angela Street and expressed support for any park that gets updated. Sam Isola expressed support for a new skate park. He advised the skate park has been on the agenda and noted there will never be a perfect time to build a skate park. He encouraged the City Council to name it the David Lambert Skate Park. Andrew Lambert noted skate parks are typically overlooked and advised it was supposed to be built in 2014. He echoed Mr. Yamaoda's comments that these types of projects do not typically receive state funding. He stated he speaks on behalf of the over 30 youth that expressed support of the skate park and would like the skate park before the picnic area and the shade structure. Dustin advised he was on the original board in the early 1990s. He noted residents were told if the park stayed nice the City would build a better skatepark. He expressed his support for funding the skatepark. Mayor Brown closed the public hearing. BUDGET WORKSHOP 1. Review of FY 2022/23 Mid-Term Operating and Capital Improvement Project draft budget Interim Finance Director Mahin Shah presented the Fiscal Year 2022/23 Mid-Term Budget Update. She noted the main goal is to maintain fiscal sustainability and manage the City's reserves at a level that matches City policy while funding essential City services. Interim Finance Director Shah presented an overview of the City Budget and reported there was an increase in the General Fund of $3.7 million, a reduction of $1.3 million in Enterprise Funds, an increase of $2.9 million in Internal Service Funds, and an increase of $1 million in Special Revenue Funds. She provided an overview of Revenues by categories and advised the largest source of revenue for the City is taxes which includes Property Taxes, Sales Tax, Transit Occupancy Tax (TOT), and Vehicle License Fee, of which most belong to the General Fund. She advised the second largest category is Utilities including Water and Sewer which make up 23% of revenues and are managed by Enterprise Funds. Interim Finance Director Shah reported staff is proposing an increase in both revenues as well as expenditures. She advised that based on an analysis of different revenue categories there is an additional $5.4 million in revenues. an additional $3.7 million in expenditures, and a transfer of $1.7 million based on increased revenues and expenditures. She advised the General Fund is made up of different kinds of Property Taxes, Sales & Use Taxes, Other Taxes, Development Service Fees, Recreation Fees, and Other Revenue and noted they will all be increasing. She reported the largest increase is in Sales & Use Taxes by $1.9 million followed by Property Taxes at $1.6 million which pays for 59% of General Fund revenues. Interim Finance Director Shah provided a brief overview of Operating Expenditures. She reported an increase in Personnel Expenditures of $1.2 million and noted it makes up 72% of General Fund Expenditures. She advised that the biggest increase in Materials & Supplies of $3.7 million. She explained the personnel cost increase is due to wage increases, pension increases, temporary salaries, and the new Livermore-Pleasanton Fire Department JPA Approved Fire Battalion Chief position for which the City is 50% responsible for funding. She reported non-personnel cost increases of $2.47 City Council Minutes Page 2 of 11 May 31, 2022