Budget, Finance and Innovation Committee

Please Note Public Comment Will Be Taken In­Person Only. JOURNAL – BUDGET, FINANCE AND INNOVATION COMMITTEE TUESDAY, JUNE 6, 2023 ­ 1:00 PM JOHN FERRARO COUNCIL CHAMBER ROOM 350, CITY HALL 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 MEMBERS: COUNCILMEMBER BOB BLUMENFIELD, CHAIR COUNCILMEMBER CURREN D. PRICE, JR. COUNCILMEMBER KATY YAROSLAVSKY COUNCILMEMBER TIM MCOSKER COUNCILMEMBER MONICA RODRIGUEZ (Andrew Suh ­ Legislative Assistant ­ (213) 978­1072 or andrew.suh@lacity.org) Submit written comment at LACouncilComment.com The audio for Committee meetings is broadcast live on the internet at https://clerk.lacity.gov/calendar. The live audio can also be accessed at: (213) 621­CITY (Metro), (818) 904­9450 (Valley), (310) 471­CITY (Westside) and (310) 547­CITY (San Pedro Area). If the live audio is unavailable via one of these channels, members of the public are encouraged to use one of the other channels. The Committee will take public comment from members of the public in­person only; there will be no public comment by teleconference. Additional information regarding Committee procedures provided at the end of this agenda. MULTIPLE AGENDA ITEM COMMENT ITEM(S) (1) 22­0600­S104 City Administrative Officer report relative to the Fourth (Year­End) Financial Status Report. Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted APPROVED City Administrative Officer report dated June 1, 2023, AS AMENDED – (5)  Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted APPROVED City Administrative Officer report dated June 1, 2023, AS AMENDED – (5) Yes (2) 22­0600­S102 City Administrative Officer report relative to declaring a surplus in the 2022­ 23 Special Parking Revenue and transferring to the Reserve Fund. Fiscal Impact Statement: Yes Community Impact Statement: None submitted APPROVED City Administrative Officer report dated April 6, 2023 – (5) Yes (3) 22­1410 City Administrative Officer, and City Attorney reports, and Ordinance relative to the issuance of Solid Waste Resources Revenue Bonds, Series 2023­A, and amending Sections 5.121.5(a) and 5.121.5(m) of the Los Angeles Administrative Code to clarify the administration of the Solid Waste Resources Special Revenue Fund and Multi­Family Bulky Item Fee Special Revenue Fund, respectively, and to add Section 5.121,5(q) to the Los Angeles Administrative Code to create a special fund related to the issuance of the Bonds. (Energy and Environment Committee approved this matter on May 19, 2023.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted CONCURRED with the May 19, 2023 actions of the Energy and Environment Committee – (5) Yes (4) 23­0600­S35 City Administrative Officer report relative to the issuance and sale of the 2023 Tax and Revenue Anticipation Notes for Fiscal Year 2023­24, and interfund borrowing to meet General Fund cash flow needs. Fiscal Impact Statement: Yes  Community Impact Statement: None submitted CONCURRED with the May 19, 2023 actions of the Energy and Environment Committee – (5) Yes (4) 23­0600­S35 City Administrative Officer report relative to the issuance and sale of the 2023 Tax and Revenue Anticipation Notes for Fiscal Year 2023­24, and interfund borrowing to meet General Fund cash flow needs. Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted APPROVED City Administrative Officer report dated May 31, 2023 – (5) Yes (5) 23­0600­S18 Budget Recommendation from the 2023­24 Mayor’s Proposed Budget deliberations relative to instructing the Chief Legislative Analyst to prepare the list of special studies requested by the Budget, Finance and Innovation Committee and transmit to the City Council for consideration. Fiscal Impact Statement: No Community Impact Statement: None submitted APPROVED Budget Recommendation – (5) Yes (6) 22­0600­S103 Controller report relative to authorization for year­end Reserve Fund borrowing. Fiscal Impact Statement: No Community Impact Statement: None submitted APPROVED Controller report dated April 17, 2023 – (5) Yes (7) 22­1022­S1 Controller report relative to the annual audit and a request for authority to execute a contract with Macias, Gini and O’Connell, LLP, for single audits of Fiscal Years 2022­23, 2023­24, and 2024­25. Fiscal Impact Statement: Yes Community Impact Statement: None submitted  APPROVED Controller report dated April 17, 2023 – (5) Yes (7) 22­1022­S1 Controller report relative to the annual audit and a request for authority to execute a contract with Macias, Gini and O’Connell, LLP, for single audits of Fiscal Years 2022­23, 2023­24, and 2024­25. Fiscal Impact Statement: Yes Community Impact Statement: None submitted TIME LIMIT FILE ­ JUNE 16, 2023 (LAST DAY FOR COUNCIL ACTION ­ JUNE 16, 2023) APPROVED Controller report dated April 14, 2023 – (5) Yes (8) 17­0193­S6 Motion (Lee – Blumenfield) relative to the $2,650,000 annual payment to Esri for the use of the geographic information system software that supports many primary operations in the City departments. Community Impact Statement: None submitted APPROVED Motion (Lee – Blumenfield) – (5) Yes (9) 23­0125 City Attorney report relative to a settlement update and payment instructions relative to Richard Foster v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 20STCV17464. Fiscal Impact Statement: No Community Impact Statement: None submitted APPROVED City Attorney report dated May 5, 2023 – (5) Yes (10) 23­0413 The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Malka Dasa v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 21STCV44987. (This matter arises from a trip and fall incident that occurred on January 6, 2021, near 7042 Petit Avenue, in the City of Los Angeles.) Budget, Finance and Innovation Committee considered this matter in Closed Session on June 6, 2023. (11) 23­0458 The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Silva Manvelyan v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 21STCV05092. (This matter arises from a  case entitled Malka Dasa v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 21STCV44987. (This matter arises from a trip and fall incident that occurred on January 6, 2021, near 7042 Petit Avenue, in the City of Los Angeles.) Budget, Finance and Innovation Committee considered this matter in Closed Session on June 6, 2023. (11) 23­0458 The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Silva Manvelyan v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 21STCV05092. (This matter arises from a February 17, 2020, incident in which Plaintiff tripped and fell on metal bolts in the sidewalk located at 4739 West Hollywood Boulevard.) Budget, Finance and Innovation Committee considered this matter in Closed Session on June 6, 2023. (12) 23­0463 The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Farmers Insurance Exchange v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 222SMCV01228. (This matter is a subrogation claim involving a City­owned sewer line that malfunctioned, causing a sewage back­up at 1200 Club Drive, in the City of Los Angeles.) Budget, Finance and Innovation Committee considered this matter in Closed Session on June 6, 2023. (13) 23­0432 CD 12 The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Fire Insurance Exchange v. City of Los Angeles, Los Angeles Superior Court Case No. 21CHCV00898. (The complaint in this action alleges dangerous condition of public property and inverse condemnation in connection with a parkway tree falling on the residence located at 15912 San Fernando Mission Boulevard, Granada Hills, California 91344.) Budget, Finance and Innovation Committee considered this matter in Closed Session on June 6, 2023. (14) 23­0138 The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled George Lakner v. City of Los Angeles, Los Angeles Superior Court Case No. BC708560. (This is an inverse condemnation action in which George Lakner seeks recovery for alleged damage to his property at 17603 West Posetano Road, Pacific Palisades, from a landslide.) CONTINUED to a date to be determined. SUPPORTING MATERIALS Materials relating to items on the agenda are available on the Office of the City Clerk's Council File Management System found at https://cityclerk.lacity.org/lacityclerkconnect by entering the Council File number (e.g., 00­0000) associated with the agenda item.  case entitled George Lakner v. City of Los Angeles, Los Angeles Superior Court Case No. BC708560. (This is an inverse condemnation action in which George Lakner seeks recovery for alleged damage to his property at 17603 West Posetano Road, Pacific Palisades, from a landslide.) CONTINUED to a date to be determined. SUPPORTING MATERIALS Materials relating to items on the agenda are available on the Office of the City Clerk's Council File Management System found at https://cityclerk.lacity.org/lacityclerkconnect by entering the Council File number (e.g., 00­0000) associated with the agenda item. PUBLIC INPUT AT CITY COUNCIL COMMITTEE MEETINGS Members of the public who wish to speak on one or multiple items shall have an opportunity to speak up to one minute per item up to a total of two minutes for two or more agenda items. At regular meetings, members of the public shall also have an opportunity to speak up to one minute for general public comment on any matter within the subject­matter jurisdiction of the Committee. The Committee is not required to take general public comment at special meetings. The Committee may limit the total amount of time for public comment on any specific agenda item, on all agenda­items collectively, and/or on general public comment, based on the anticipated time required to hear from public speakers on any given or all agenda items, on the availability of Committee members and the need to maintain quorum, and on any other relevant factor. The Committee shall not discuss or take action relative to any general public comment except as explicitly permitted under the Brown Act. COMMITTEE INFORMATION, ASSIGNMENTS, AND STRUCTURE https://clerk.lacity.gov/clerk­services/cps/council­committee­meetings/info­assignments­structure SPECIAL ACCOMMODATION Requests for reasonable modification or accommodation from individuals with disabilities, consistent with the Americans with Disabilities Act, can be made by contacting the City Clerk's Office at (213) 978­1133. For Telecommunications Relay Service for the hearing impaired, please see the information below. NOTICE TO PAID REPRESENTATIVES If a member of the public is compensated to monitor, attend, or speak at this meeting, City law may require them to register as a lobbyist and report this activity. More information can be found at Los Angeles Municipal Code 48.01 et seq. or at ethics.lacity.org/lobbying. Further assistance can be found by contacting the Ethics Commission at (213) 978­1960 or ethics.commission@lacity.org. EXHAUSTION OF ADMINISTRATIVE REMEDIES A member of the public seeking to challenge a City action in court may be limited to raising only those issues raised at the public hearing described in this notice, or in written correspondence delivered to the City Clerk prior to the public hearing in time reasonably to be considered by the Committee members. Any written correspondence delivered to the City Clerk before the City Council's final action on a matter will become a part of the administrative record. TELECOMMUNICATIONS RELAY SERVICE (TRS) COMMUNICATIONS Individuals who are deaf and hard of hearing, and individuals with a speech disability, may be able to avail themselves of both for peer­to­peer and third­party telecommunications relay service (TRS) communications. Telecommunications Relay Service is a telephone service that allows persons with hearing or speech disabilities to place and receive telephone calls. TRS is available in all 50 states, the District of Columbia, Puerto Rico and the U.S. territories for local and/or long distance calls. TRS providers ­ generally telephone companies ­ are compensated for the costs of providing TRS from either a state or a federal fund. There is no cost to the TRS user. What forms of TRS are available? There are several forms of TRS, depending on the particular needs of the user and the equipment available: TRS includes: Text to Voice TIY­Based TRS; Speech­to­Speech Relay Service; Shared Non­English Language Relay Service; Captioned Telephone Relay Service; Internet Protocol Relay Service; and Video Relay Service. Please visit this site for detail descriptions, https://www.fcc.gov/consumers/guides/telecommunications­relay­service­trs. Don't hang up! Some people hang up on TRS calls because they think the caller is a telemarketer. If you hear, "Hello, this is the relay service…" when you pick up the phone, please don't hang up! You are about to talk, through a TRS provider, to a person who is deaf, hard­of­hearing, or has a speech disability. peer­to­peer and third­party telecommunications relay service (TRS) communications. Telecommunications Relay Service is a telephone service that allows persons with hearing or speech disabilities to place and receive telephone calls. TRS is available in all 50 states, the District of Columbia, Puerto Rico and the U.S. territories for local and/or long distance calls. TRS providers ­ generally telephone companies ­ are compensated for the costs of providing TRS from either a state or a federal fund. There is no cost to the TRS user. What forms of TRS are available? There are several forms of TRS, depending on the particular needs of the user and the equipment available: TRS includes: Text to Voice TIY­Based TRS; Speech­to­Speech Relay Service; Shared Non­English Language Relay Service; Captioned Telephone Relay Service; Internet Protocol Relay Service; and Video Relay Service. Please visit this site for detail descriptions, https://www.fcc.gov/consumers/guides/telecommunications­relay­service­trs. Don't hang up! Some people hang up on TRS calls because they think the caller is a telemarketer. If you hear, "Hello, this is the relay service…" when you pick up the phone, please don't hang up! You are about to talk, through a TRS provider, to a person who is deaf, hard­of­hearing, or has a speech disability. For more information about FCC programs to promote access to telecommunications services for people with disabilities, visit the FCC's Disability Rights Office website.