Packed Agenda Awaits Finance Commissioners
A long list of items awaits the Finance Commission when it meets this Monday, November 18, 2019 at 5:30 pm in the City Council Chamber. The City’s budget process operates on fiscal years that start July 1 and end on June 30. Particularly noteworthy agenda items are below. Click here for the Finance Commission Agenda.
Agenda Item 7: Re-integration of the Transportation function into the Public Works Department
- A recommendation that the City Council approve the re-integration of the Transportation function into the Public Works Department and a budget adjustment for the reallocation of positions.
Agenda Item 8: Audit of Great Park Funds
- An annual audit of the Great Park funds that is required as part of the OC Fiscal Transparency & Reforms Act. Click here for Audit Report.
Agenda Item 10: Capital Improvement Projects
- Multiple recommendations to the City Council for capital improvement projects and special funds allocations including funding for 145 ongoing City and Great Park capital projects ($200.4 million to FY 2019-20), and four new capital projects including one to renovate the Civic Center’s front lawn ($390,000). Agenda item 10. Click here for the Staff Report.
- Community Facility District (CFD) Annual Reports for the Great Park, Columbus Grove, Central Park.
Agenda Item 12: Budget Update on Revenue and Expenditures
- The first-quarter budget update on revenue and expenditures for this fiscal year 2019-2020 (Agenda Item 12).
Agenda Item 11: Year-End Budget Report
- The year-end budget report for 2018-2019 that provides an overview of the city’s past financial performance as compared to the budget, including staff recommendations to the City Council for several budget adjustments and one-time budget allocations for specific projects /programs previously approved by the City Council (Agenda item 11). Click here for the Staff Report.
Susan SayreNovember 15, 2019 at 10:02 am
TRANSPORTATION DEPARTMENT: I question the elimination of the Transportation Department and the Elimination of the Transportation Director position. We have, and will continue to have, a worsening traffic circulation problem in Irvine. Combining The Transportation Department with the Public Works Department may sound efficient from a budget perspective, but it is not an efficient way to meet the needs of drivers who travel around and through Irvine as combining departments is bound to create a problem with conflicting service priorities within the Public Works Department.
AUDIT OF GREAT PARK FUNDS: I am curious. The audit documents state that “management” has omitted the “management discussion and analysis” documentation that is required to supplement the Great Park financial statements which is required by Government Accounting Standards Board. Why was it omitted? Was there no discussion to document? Was the audit not discussed with the Great Park Board of Directors in a board meeting?
judithGNovember 16, 2019 at 9:24 am
I’m with you Susan, how does eliminating the Transportation Director position and moving it to public works help? Will it be more efficient or have access to more resources? Monitoring all the cameras in real time to manage traffic flow requires constant attention. I’d be interested to hear how this will help.
My favorite tidbit in this agenda is the Capital Improvement budget! WOW!! The attachments with cost and CIP numbers is a great resource. It shows where the Irvine infrastructure improvements (or lack of) are focused! https://irvinewatchdog.org/wp-content/uploads/2019/11/CIP_SPEC-FUNDS-fy18-19.pdf
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