HomeMy WebLinkAboutMin - CC - 2001.06.05BURLINGAME CITY COUNCIL
BUDGET STUDY SESSION
BURLINGAME, CA
JUNE 5,2001
1. MEETING CALLED TO ORDER
A special budget study session of the Burlingame City Council was held on the above date in
Conference Room A. The meeting was called to order at 5:00 p.m.by Mayor Joe Galligan.
Council Present:
Council Absent:
Coffey, Galligan, Janney, O'Mahony, Spinelli
None
3. REPORT ON DESIGNATED RESERVES IN 2OO1/02 BUDGET
Assistant City Manager/Finance Director Becker noted two years ago, the City Council expressed the
desire to not allow the general fund balance to drop below atarget level of approximately $9-$10
million. At that time, Council took no formal action, but staff has since presented budgets that achieve
this target. This fiscal year, with the growth in general fund revenues, is an opportune time to formally
establish a reserve policy and fund the reserves at desired levels. In addition, the 2001-02 proposed
budget establishes three new intemal service funds. These funds - Equipment Maintenance, Facilities
Service, and Information Technology - provide the operating department with vehicle, building
maintenance and computer/telephone services respectively and charge the departments for
maintenance and future purchase of equipment and infrastructure. These funds allow a more accurate
cost of operating budget services, and permit a more level budgeting for expenditures, given the large
costs of some vehicles and equipment.
The following additional reserves are reflected in the financial summary of the budget: Contingency
Reserve, Performance Recognition Program Reserve, PERS Retirement Contribution Reserve, and
General Reserve.
The proposed resolution calls for annual review of the amount and sufficiency of reserves. This
analysis would be contained in the proposed budget. All expenditures from reserves would require
council action. During the coming year, additional analysis is required to determine more precisely the
proper amounts for the internal service funds.
4. REVTEW 2001-02 BUpGET AND CAPITAL PROGRAM
Burlingame City Council
Budget Study Session
June 5,2001
358
2. ROLL CALL
Each Council Members discussed the budget for the department(s) they were responsible for
reviewing.
Mayor Galligan presented a list comparing the contributions made to local community groups;
Council discussed each group and agreed upon an amount to contribute during the200ll02 budget
year.
Mayor Galligan noted this is a cautionary budget; anticipating revenues to be down and are
recognizing to keep good employees in this area,pay needs to be increased and this budget reflects
both needs. Feels the City is headed in the right direction. Vice Mayor Spinelli expressed one of the
strengths of Burlingame has been the fiscal conservatism over time that has kept the City financially
strong due to planning for the future and looking ahead. Council thanked City Manager Nantell and
Assistant City Manager Becker for their hard work on the budget.
6. PUBLIC COMMENTS
A representative from "Sustainable San Mateo County''thanked Council for the funding last year and
for their continued support in2001102. Melissa Guittarez from "Burlingame Community Theater"
also thanked Council for the past funding and continued support for their theater program.
City Attorney Anderson noted that the State Supreme Court passed a ruling that will jeopardize some
of the City's tax revenue; need to set a special meeting for July 23'd to look at a possibleballot
proposition for the November 6,2001election.
7. ADJOURNMENT
Mayor Galligan adjourned the meeting at 6:55 p.m.
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Ann T. Musso
City Clerk
Burlingame City Council
Budget Study Session
359 June 5,2001
5. COUNCIL COMMENTS