CCMIN04152020 - Laserfiche WebLink

CITY OF PLEASANTON CITY COUNCIL SPECIAL MEETING MINUTES April 15, 2020 This meeting was conducted in accordance with Governor Newsom's Executive Orders N-20-20 and N-35-20 and CO VID-19 pandemic protocols. Mayor Thorne called a teleconference special meeting of the City Council to order at the hour of 5:00 p.m. and led the Pledge of Allegiance. ROLL CALL Present: Councilmembers Brown, Narum, Pentin, Testa, Mayor Thorne Absent: None PUBLIC COMMENT Tracy Farhad, CEO, Visit Tri-Valley and Steve Van Dorn, CEO, Pleasanton Chamber of Commerce spoke in support of Item 3. Ms. Farhad noted waiving Transient Occupancy Tax (TOT) would ease the burden on hotels, which are key revenue generators and have been hard hit by COVID-19. A concern noted was that 501(C)(6) and other non-profit organizations are excluded from the proposed Business Assistance Program, and support programs and resources should be considered for them as well. Devanche Pande asked what action is being considered to mitigate the psychological effects of COVD- 19 on students, adults, and the elderly. In response, Councilmember Testa noted his concern is of importance. The school district is responsible and responding to the well-being of students, with Council responsible for the community as a whole. The City's Library and Recreation Department is working to provide virtual programs to help ease stress and anxiety. 1. Adopt a resolution approving the second FY 2019/20 Midyear Budget adjustments and amending the FY 2019/20 Operating Budget accordingly Director of Finance Tina Olson provided an overview of the FY2019/20 second Midyear Budget which focuses only on General Fund amendments related to impacts caused by the COVID-19 shelter in place order. Staff is projecting revenues will be down by $6.3M. Director Olson noted the largest categories affected are sales tax which is down $3M and transient occupancy tax (TOT) down by $1.5M. Recreation fees from closed programs will account for $787K and development services/permitting fees account for $985,683 of the reduction. Projections are based on the estimation the shelter in place (SIP) order will go through May 31, calculating the expected loss of 2.5 months in TOT taxes, several sales tax revenue categories, recreation revenues, and 2 months loss in developmental services revenues. Director Olson reported the unknown and unaccounted factors from the SIP are increased internet purchases, number of families registering their children for recreational summer programs (currently 75% lower than same time last year), and the impact of tax payment deferrals including Sales Tax, Property Tax and TOT. Late fees will be impacted, which has also not yet been factored in.