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.