Budget Oversight Committee

CITY OF LONG BEACH TUESDAY, AUGUST 11, 2015 BUDGET OVERSIGHT 333 W. OCEAN BOULEVARD COMMITTEE MINUTES COUNCIL CHAMBER, 4:00 PM Dr. Suja Lowenthal, Vice Mayor, Chair Stacy Mungo, Vice Chair Suzie A. Price, Member FINISHED AGENDA & DRAFT MINUTES CALL TO ORDER (4:04 PM) At 4:04 PM, Chair Lowenthal called the meeting to order. ROLL CALL (4:05 PM) Councilmembers Lowenthal, Mungo and Price Present: Also present: Lea Eriksen, Budget Management Bureau Manager; Charles Parkin, City Attorney; Carolyn Hill, City Clerk Specialist; Jonathan Nagayama, City Clerk Assistant. Chair Lowenthal provided opening remarks. Lea Eriksen, Budget Management Bureau Manager, spoke. REGULAR AGENDA (4:08 PM) 1. 15-0782 Recommendation to approve the minutes for the Budget Oversight Committee meeting held Tuesday, October 21, 2014. A motion was made by Member Price, seconded by Vice Chair Mungo, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price 2. 15-0783 Recommendation to receive and file presentations on the City Manager's proposal for Fiscal Year 2016 Budget and Mayor Page 1 of 5 CITY OF LONG BEACH TUESDAY, AUGUST 11, 2015 BUDGET OVERSIGHT 333 W. OCEAN BOULEVARD COMMITTEE MINUTES COUNCIL CHAMBER, 4:00 PM Garcia's recommendations. Chair Lowenthal spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. A dialogue ensued between Chair Lowenthal and Lea Eriksen, Budget Management Bureau Manager. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. Vice Chair Mungo spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. A dialogue ensued between Councilwoman Price and Lea Eriksen, Budget Management Bureau Manager. A motion was made by Vice Chair Mungo, seconded by Member Price, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price 3. 15-0786 Recommendation to receive and file a list of follow-up items from the August 4th Public Hearing on the Overview of the Proposed Fiscal Year 2016 Budget. Lea Eriksen, Budget Management Bureau Manager, presented the staff report. Chair Lowenthal spoke. Vice Chair Mungo spoke. Page 2 of 5 CITY OF LONG BEACH TUESDAY, AUGUST 11, 2015 BUDGET OVERSIGHT 333 W. OCEAN BOULEVARD COMMITTEE MINUTES COUNCIL CHAMBER, 4:00 PM A motion was made by Member Price, seconded by Vice Chair Mungo, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price 4. 15-0787 Recommendation to receive and file the March 3rd Budget Study Session Follow-up memo. Lea Eriksen, Budget Management Bureau Manager, presented the staff report. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke A dialogue ensued between Councilwoman Price and Lea Eriksen, Budget Management Bureau Manager. Vice Chair Mungo spoke. Lea Eriksen, Budget Management Bureau Manager, spoke A dialogue ensued between Vice Chair Mungo and Lea Eriksen, Budget Management Bureau Manager. Chair Lowenthal spoke. Vice Chair Mungo spoke. Chair Lowenthal spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. Chair Lowenthal spoke. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. Chair Lowenthal spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. Page 3 of 5 CITY OF LONG BEACH TUESDAY, AUGUST 11, 2015 BUDGET OVERSIGHT 333 W. OCEAN BOULEVARD COMMITTEE MINUTES COUNCIL CHAMBER, 4:00 PM A dialogue ensued between Chair Lowenthal and Lea Eriksen, Budget Management Bureau Manager. A motion was made by Member Price, seconded by Vice Chair Mungo, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price 5. 15-0788 Recommendation to receive and file an update on CalPERS pension costs and the use of the CalPERS stabilization fund. Lea Eriksen, Budget Management Bureau Manager, presented a PowerPoint presentation. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. Vice Chair Mungo spoke. A motion was made by Member Price, seconded by Vice Chair Mungo, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price 6. 15-0789 Recommendation to receive and file an update on oil prices and their impact on the City of Long Beach. Chair Lowenthal spoke. Lea Eriksen, Budget Management Bureau Manager, presented a PowerPoint presentation. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. A dialogue ensued between Councilwoman Price and Lea Eriksen, Budget Management Bureau Manager. Vice Chair Mungo spoke. Page 4 of 5 CITY OF LONG BEACH TUESDAY, AUGUST 11, 2015 BUDGET OVERSIGHT 333 W. OCEAN BOULEVARD COMMITTEE MINUTES COUNCIL CHAMBER, 4:00 PM A motion was made by Vice Chair Mungo, seconded by Member Price, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price 7. 15-0790 Recommendation to receive and file an update on the Fiscal Year 2012 through 2015 Council District Infrastructure funding. Lea Eriksen, Budget Management Bureau Manager, presented the staff report. Councilwoman Mungo spoke. Councilwoman Price spoke. Lea Eriksen, Budget Management Bureau Manager, spoke. A dialogue ensued between Councilwoman Price and Lea Eriksen, Budget Management Bureau Manager. A motion was made by Vice Chair Mungo, seconded by Member Price, to approve recommendation. The motion carried by the following vote: Yes: 3 - Lowenthal, Mungo and Price PUBLIC COMMENT (4:51 PM) Bill Thomas spoke. Councilwoman Price spoke. A dialogue ensued between Councilwoman Price and Bill Thomas. ADJOURNMENT (5:00 PM) At 5:00 PM, there being no objection, Chair Lowenthal declared the meeting adjourned. jn Page 5 of 5