CCMIN062105 - Laserfiche WebLink

Ms. Rossi said staff presents quarterly reports to Council. Ms. McGovern asked if each quarterly report provided Council a clear picture of what staff is seeing coming in. Ms. Rossi said staff provides projected updates each quarter and reports it to Council. Ms. McGovern said it gives her comfort to know that staff will provide a quarterly report to Council, which will allow it to make adjustments if necessary. Her biggest concern was the City's long-term debt and liability, and staff has noted that Council would begin to address this issue and try to make some projections regarding increases and how to handle them. Mr. Fialho said it is a long-term fiscal strategy or plan that contemplates a ten or fifteen year horizon. Ms. McGovern believed this was particularly important as the City reaches build-out, and as housing continues to be built the City's population will increase, as well as the addition of parks and facilities such as teen centers, community centers and a cultural arts center, which will ultimately place some stress on the budget as the City moves forward. She wanted to make sure the City is prudent in planning its long-term debt and liabilities. Mayor Hosterman declared the public hearing open. Mary Smith, a Pleasanton resident, encouraged Council to continue funding the restoration of Kottinger Creek. Tom Gallagher, a Pleasanton resident, thanked staff for its patience and providing professionalism in assisting with the restoration of Kottinger Creek. He asked Council to approve the additional funding for the restoration of Kottinger Creek, which would enhance the education of children in Pleasanton. Pat Griffin, a Pleasanton resident, encouraged Council to continue funding the restoration of Kottinger Creek. Mayor Hosterman closed the public hearing. As part of the long-term strategy, Mr. Thorne requested that staff develop a matrix that takes into account possible benchmarking for items such as consultant costs and total labor costs. He would like staff to look at these costs as a percentage of revenue not only as it compares with other cities but with private enterprises, as there are private enterprises that have the same potential revenue stream or same employment levels and demands as the City. Mr. Sullivan believed Pleasanton is in a fortunate situation compared to other cities in that Pleasanton is able to have a two-year balanced budget with no decrease in services. The City is able to have a balanced budget, fund the reserves, fund the replacement costs for major equipment, and contribute to the Capital Improvement Program, which is due in large part to the management and financial expertise of staff along with the fiscal policies established by previous Councils. He concurred with Mr. Thorne and Ms. McGovern that the City needed to look at addressing long-term solutions, particularly as the City approaches build-out as a fiscal analysis will be needed that illustrates what the City would look like at build-out and where revenues would be derived from and where expenditures would go. The City is a service business and for any service business, the primary costs are personnel-related, and for the Pleasanton City Council 25 06/21/05 Minutes