HomeMy WebLinkAboutStaff Report 1.A 05/04/20151
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Agenda Item #1.A
L UA
City of Petaluma, California
MEETING OF THE CITY COUNCIL/
PETALUMA COMMUNITY DEVELOPMENT SUCCESSOR AGENCY
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Draft City Council/PCDSA Minutes
Monday, March 23, 2015
Special Meeting
MONDAY, MARCH 23, 2015
CLOSED SESSION — 5:30 P.M.
CALL TO ORDER
A. Roll Call
Present: Chris Albertson; Teresa Barrett; David Glass; Mike Healy;
Gabe Kearney; Dave King; Kathy Miller
Absent: None
CLOSED SESSION
• PUBLIC EMPLOYEE PERFORMANCE EVALUATION: Pursuant to Paragraph (1) of Subdivision (b) of California
Government Code Section 54957. Title: City Manager.
PUBLIC COMMENT ON CLOSED SESSION ITEMS
Mayor Glass opened Public Comment on CLOSED SESSION items.
Seeing no persons wishing to speak, Mayor Glass closed Public Comment on CLOSED SESSION items.
ADJOURN TO CLOSED SESSION
MONDAY, MARCH 23, 2015
EVENING SESSION — 7:00 P.M.
CALL TO ORDER
A. Roll Call
Present: Chris Albertson; Teresa Barrett; David Glass; Mike Healy;
Gabe Kearney; Dave King; Kathy Miller
Absent: None
Vol. XX, Page 2
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B. Pledge of Allegiance
Mayor Glass
GENERAL PUBLIC COMMENT
March 23, 2015
Mayor Glass opened GENERAL PUBLIC COMMENT.
Seeing no other persons wishing to speak, Mayor Glass closed GENERAL PUBLIC COMMENT.
REPORT OUT OF CLOSED SESSION (ACTIONS TAKEN)
None,
1. NEW BUSINESS
A. Presentation by Sonoma County Water Agency (SCWA) on Water Rates and Direction to
Council Liaison for the Sonoma County Water Advisory Committee (WAC).
Michael Gossman, Division Manager - Administrative Services, Sonoma County Water
Agency (SCWA), Santa Rosa, gave the presentation.
Council Member Healy requested -direction from the Council direction on behalf of the
City of Petaluma City Council.to return to the Sonoma County Water Advisory
Committee and clarified that'this item would not be considered an amendment to the
structured agreement.
Mayor Glass informed the Council the he was comfortable with this presentation.
All seven Council members expressed their support for the item as presented.
Mayor Glass, opened Public Comment on Item 1.A.
Seeing no persons wishing to speak, Mayor Glass closed Public Comment on Item I.A.
2. WORKSHOP
A. California Public Employees' Retirement System Benefits. (Mushallo)
Finance Director BIRMushallo introduced John Bartel, who presented background
information on CaIPERS, as well as defining benefits and pension plans
Council Member King inquired about the Final Average Earning (FAE) and any other
factors that are considered in establishing the FAE.
Council Member Kearney further inquired about FAE components.
Council Member King inquired about the annual average rate of return.
Council Member Kearney inquired about the City retiree rates since 1997.
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March 23, 2015
Vol. XX, Page 3
City Manager Brown requested clarification on PEPRA-mandated 3 -year average
earnings.
Council Member Healy inquired about Market Asset value.
Council Member Albertson inquired about the new market value assets and valuation
on our future budgets.
Mayor Glass asked that the report highlight that the City of Petaluma does not pay any
portion of the member contribution and did not move to an enhanced formula when
other agencies did so.
Council Member Albertson confirmed the Mayor's comment reference City employees
paying their share of their contribution.
General Fund Reserve Policy. (Mushallo)
City Manager Brown asked Council to consider funding associated with new revenue
sources.
Council Member Healy requested this be displayed along with the full budget.
City Manager Brown further discussed the four categories and informed the Council that
the vehicle replacement was the biggest concern; comparing the difference with the
OPEB and PERS liability.
Council Member Kearney expressed support for the vehicle replacement needs.
Council Member Barrett cautioned the Council on future pressing needs that would
come before the Council and urged the Council to stay with the current 15 % policy
and build those reserves.
Vice Mayor Miller requested the timeline to achieve the 15%.
Mayor Glass asked that City Manager Brown clarify the allotment to the Stormwater
Fund; requesting the City earmark some of these funds as needed, and look to restoring
funding mechanisms and funds.
City Manager Brown responded relating to the City's reserve policy to access and return
funds to a source.
Council Member Albertson agreed with Council Member Barrett, and requested the
General Fund Reserve Account continue to grow, and that the General Fund prioritize
vehicle replacement and other items.
Council Member King requested the current amount of reserves and related financial
risks if reserves were lowered.
Council Member Healy suggested a desire to resolve bargaining unit negotiations to
determine actual status of funds
Vol. XX, Page 4
March 23, 2015
1 Council Member King requested clarification of Other Post -Employment Benefits (OPEB),
2 PERS obligations, vehicle replacement and storm water needs. (responded by Mushallo)
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5 ADJOURN
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7 The meeting was adjourned at 9:23 p.m.
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14 David Glass, Mayor
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18 ATTEST:
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22 David Concepcion, Acting City Clerk
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