HomeMy WebLinkAboutFC_2013-05-03_MinutesCity of Atascadero
Finance Committee
NOTES
Friday, May 3, 2013
9:00 a.m.
City Hall
Conference Room 4
6907 El Camino Real, Atascadero, California
CALL TO ORDER:
Council Member Moreno called the meeting to order at 9:03 a.m.
Members Present: Council Members Heather Moreno and Brian Sturtevant,
Administrative Services Director Rachelle Rickard, City Treasurer Joe Modica
Absent: City Manager Wade McKinney
PUBLIC COMMENT: None
BUSINESS:
1. Review of Draft Budgets for Other Funds
Director Rickard distributed copies of Section G of the Budget, entitled “Other
Funds,” and explained that these other funds originate from impact fees and
assessment districts, including the following:
Community Facilities District Fund (assessed to new development with the
exception of affordable units; this fee helps to cover City services such as
fire, police, etc.)
Street and Storm Drain Maintenance District Fund (Apple Valley, Las
Lomas, De Anza Estates) – covers cost of maintaining streets and storm
drains of the respective district
Landscaping & Lighting Districts (Apple Valley, Las Lomas, De Anza
Estates) – covers cost of maintaining landscaping and lighting of the
respective district
Supplemental Law Enforcement Services Fund (SLESF) – annual
appropriation from the State, although not guaranteed from year to year
In Lieu Low/Moderate Income Housing Fund – assessed on new
developments
Production of Affordable Housing Units Fund – these funds were
transferred out after dissolution of Redevelopment
Business Improvement Association Fund – Currently at zero assessment,
but that could change in the future
Atascadero Tourism Business Improvement District (ATBID) Fund -- newly
formed district; Board Member appointments are currently being made
Community Development Block Grant (CDBG) Fund – amounts reflect
Council-approved funding levels and are placed in the year expenditures
are expected to occur
Tree Planting Fund – Mitigates tree impacts resulting from development
and covers native tree plantings and seedling maintenance
General Government Facilities Fees Fund – mainly directed toward the
City’s Corp Yard
Law Enforcement Facilities Fees Fund – funds are for
purchase/construction of equipment/stations for additional officers needed
as a result of new development
Open Space Acquisition Fees Fund – for future land purchases
Public Facilities Fees Fund – For Pavilion, Colony Park Community Center
and additional vehicle purchases
Library Expansion Facilities Fees Fund – most funds are expended;
remaining funds could be used for books, dependent on Council approval.
Fire Impact Fee Funds
Director Rickard reviewed each fund in detail and answered questions from the
Committee.
2. General Discussion Regarding Selected Budget Items
No additional discussion.
Committee set the next three meeting dates (all meetings to be held at City Hall):
Friday, May 10th at 7:30 a.m.
Thursday, May 16th at 3:00 p.m.
Monday, June 3rd at 4:00 p.m.
Council Member Moreno adjourned the meeting at 10:28 a.m.
NOTES PREPARED BY:
Victoria Randall
Deputy City Clerk