Budget Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Budget Committee Chair Person Bill Hollander (D-9) Vice Chair Kevin Kramer (R-11) Committee Member Keisha Dorsey (D-3) Committee Member Barbara Sexton Smith (D-4) Committee Member Paula McCraney (D-7) Committee Member Pat Mulvihill (D-10) Committee Member Cindi Fowler (D-14) Committee Member Scott Reed (R-16) Committee Member Markus Winkler (D-17) Committee Member Anthony Piagentini (R-19) Committee Member Brent Ackerson (D-26) Thursday, April 16, 2020 4:30 PM Council Chambers Call to Order Chair Person Hollander called the meeting to order at 4:34 p.m. Roll Call Chair Person Hollander introduced the committee members and non-committee members present. A quorum was established. *NOTE: All committee members and non-committee members present attended virtually. Present: 11 - Chair Person Bill Hollander (D-9), Vice Chair Kevin Kramer (R-11), Committee Member Keisha Dorsey (D-3), Committee Member Barbara Sexton Smith (D-4), Committee Member Paula McCraney (D-7), Committee Member Pat Mulvihill (D-10), Committee Member Cindi Fowler (D-14), Committee Member Scott Reed (R-16), Committee Member Markus Winkler (D-17), Committee Member Anthony Piagentini (R-19), and Committee Member Brent Ackerson (D-26) Non-Committee Member(s) Council Member Rick Blackwell (D-12), Council Member Madonna Flood (D-24), and Council Member David Yates (D-25) Support Staff Hollie Hopkins, Jefferson County Attorney's Office Laura Ferguson, Jefferson County Attorney's Office Clerk(s) David B. Wagner, Assistant Clerk Sonya Harward, Clerk Louisville Metro Government Page 1 Budget Committee Action Summary - Final April 16, 2020 Pending Legislation 1. R-052-20 A RESOLUTION AUTHORIZING THE MAYOR TO SUSPEND ORDINANCE 081, SERIES 2019 OF THE FISCAL YEAR 2019-2020 OPERATING ORDINANCE AS RELATES TO THE PROCEDURES FOR DISTRIBUTING FUNDS TO EXTERNAL AGENCY FUND (EAF) RECIPIENTS AS A RESULT OF THE NOVEL CORONAVIRUS (COVID-19) PANDEMIC. Sponsors:Primary Bill Hollander (D-9) and Primary Barbara Sexton Smith (D-4) Attachments: R-052-20 V.1 040920 Suspend Procedures for Distributing Funds to EAF due to COVID-19.pdf A motion was made by Committee Member Winkler, seconded by Committee Member Sexton Smith, that this Resolution be recommended for approval. The following spoke to this item: - Committee Member Sexton Smith - Committee Member McCraney - Chair Person Hollander - David B. Wagner, Assistant Clerk - Daniel Frockt, Office of Management and Budget The following was discussed: - Purpose of the Resolution - Report requirements and compliance for the organizations - Technology issues with the virtual meeting The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. Louisville Metro Government Page 2 Budget Committee Action Summary - Final April 16, 2020 2. R-054-20 A RESOLUTION AUTHORIZING THE MAYOR TO RE-ALLOCATE $500,000 FROM THE LOUISVILLE C.A.R.E.S. (CREATING AFFORDABLE RESIDENCES FOR ECONOMIC SUCCESS) PROGRAM AS AUTHORIZED IN THE FISCAL YEAR 2015-2016 CAPITAL BUDGET TO MAKE AVAILABLE GRANTS TO INDIVIDUAL RENTERS FACING EVICITION DUE TO THE HOUSING INSTABILITY AND ECONOMIC CONDITIONS CREATED BY THE COVID-19 PANDEMIC TO BE ADMINISTERED BY DEVELOP LOUISVILLE. Sponsors:Primary Bill Hollander (D-9) Attachments: R-054-20 V.1 040920 Reallocate $500K from Louisville CARES Program Due to COVID-19.pdf A motion was made by Committee Member Dorsey, seconded by Committee Member Sexton Smith, that this Resolution be recommended for approval. The following spoke to this item: - Jeff O'Brien, Develop Louisville - Committee Member Winkler - Daniel Frockt, Office of Management and Budget - Committee Member Fowler - Vice Chair Kramer - Sonya Harward, Clerk The following was discussed: - Purpose of the Resolution - Potential reimbursement by the federal government - Requirement to show financial impacts by recipients due to the pandemic - Duplication of relief funds - Funds to be used exclusively for renters - Technology issues with the virtual meeting The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. 3. R-053-20 A RESOLUTION APPROVING THE RELEASE OF METRO GOVERNMENT’S RIGHT OF REVERTER PERTAINING TO PROPERTY DEEDED TO LOUISVILLE URBAN LEAGUE SPORTS AND LEARNING COMPLEX, INC. AS SURPLUS. Sponsors:Primary Bill Hollander (D-9) Attachments: R-053-20 V.1 040920 Reverter Release for Louisville Urban League Sports and Learning Complex, Inc.pdf 041620 Photo IMG_6242.pdf 041620 Photo IMG_6250.pdf This item was held in committee. Louisville Metro Government Page 3 Budget Committee Action Summary - Final April 16, 2020 4. O-147-20 AN ORDINANCE OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE "METRO GOVERNMENT" OR THE "ISSUER"), PROVIDING FOR AND AUTHORIZING THE ISSUANCE OF CERTAIN GENERAL OBLIGATION DEBT OF THE METRO GOVERNMENT IN ONE OR MORE SERIES AND TYPES OF OBLIGATIONS TO FINANCE THE OPERATION OF AND THE PROVISION OF SERVICES FOR THE CITIZENS OF THE METRO GOVERNMENT; SETTING FORTH THE TERMS AND CONDITIONS ON WHICH THE OBLIGATIONS ARE TO BE ISSUED AND PROVIDING FOR A SALE THEREOF; DEFINING AND PROVIDING FOR THE RIGHTS OF THE HOLDERS OF THE OBLIGATIONS AND PROVIDING FOR THE APPLICATION OF THE PROCEEDS THEREOF; AND TAKING OTHER RELATED ACTION RELATING TO THE ISSUANCE AND SALE OF THE OBLIGATIONS. Sponsors:Primary Bill Hollander (D-9) Attachments: O-147-20 V.1 040920 Issuance of General Obligation Debt Bonds for Operation and Provision of Services.pdf A motion was made by Committee Member Sexton Smith, seconded by Committee Member Winkler, that this Ordinance be recommended for approval. The following spoke to this item: - Daniel Frockt, Office of Management and Budget - Committee Member Piagentini - Committee Member Winkler - Vice Chair Kramer - Committee Member Ackerson - Chair Person Hollander The following was discussed: - Purpose of the Ordinance - Manner and timing of paying off the bonds - Tax Anticipation Notes (TAN) versus lines of credit - Concerns about a short-term debt turning into a long-term debt - No additional authorizations of spending in the Ordinance - Interest and fees involved - Potential for reimbursement from federal government - Borrowing only enough to cover expenses incurred in a worst case scenario - Concerns about the loss of revenues from economic downturn due to the pandemic - Current spending levels versus pre-pandemic spending levels - Federal stimulus funds to pay for pandemic related expenses - Expected general funds available for the future budget year The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 11 - Hollander, Kramer, Dorsey, Sexton Smith, McCraney, Mulvihill, Fowler, Reed, Winkler, Piagentini, and Ackerson Louisville Metro Government Page 4 Budget Committee Action Summary - Final April 16, 2020 5. O-145-20 AN ORDINANCE AMENDING ORDINANCE NO. 104, SERIES 2015 RELATING TO THE FISCAL YEAR 2015-16 CAPITAL BUDGET, ORDINANCE NO. 102, SERIES 2016 RELATING TO THE FISCAL YEAR 2016-17 CAPITAL BUDGET, ORDINANCE NO. 115, SERIES 2017 RELATING TO THE FISCAL YEAR 2017-18 CAPITAL BUDGET AND ORDINANCE NO. 082, SERIES 2019 RELATING TO THE FISCAL YEAR 2019-20 CAPITAL BUDGET BY TRANSFERRING $296,000 BETWEEN PROJECTS. Sponsors:Primary David Yates (D-25) Attachments: O-145-20 V.1 040920 Multiple Year Capital Budget Transfers for St Anthony Church Rd Signs & Markings.pdf A motion was made by Committee Member Winkler, seconded by Committee Member Piagentini, that this Ordinance be recommended for approval. Chair Person Hollander stated that a technical correction had been made in Section IV of the Ordinance to correct 'St. Andrews Church Road' to 'St. Anthony Church Road'. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 11 - Hollander, Kramer, Dorsey, Sexton Smith, McCraney, Mulvihill, Fowler, Reed, Winkler, Piagentini, and Ackerson *NOTE: After the vote was taken, the following spoke to this item: - Vice Chair Kramer - Council Member Yates - Jeff Brown, Public Works and Assets The following was discussed: - Previously completed projects that provided funds to be transferred to the St. Anthony Church Road project - Bridge project funds 6. O-339-19 AN ORDINANCE AMENDING CHAPTER XX OF THE LOUISVILLE METRO CODE OF ORDINANCES BY CREATING A NEW SECTION REGARDING THE MOTOR VEHICLE RENTAL LICENSE FEE. Sponsors:Primary Bill Hollander (D-9), Primary Brent Ackerson (D-26), Primary Markus Winkler (D-17) and Primary David James (D-6) Attachments: O-339-19 V.1 101019 Creating LMCO Section for Motor Vehicle Rental License Fee.pdf O-106-19 V.2 082919 Amending LMCO XX for New Section for Motor Vehicle Rental License Fee.pdf This item was held in committee. Louisville Metro Government Page 5 Budget Committee Action Summary - Final April 16, 2020 7. O-036-20 AN ORDINANCE AMENDING CHAPTER XX OF THE LOUISVILLE METRO CODE OF ORDINANCES BY CREATING A NEW SECTION REGARDING A SURCHARGE ON TICKETS AND A TAX ON RESTAURANT GROSS RECEIPTS. Sponsors:Primary Brent Ackerson (D-26) Attachments: O-036-20 V.1 020620 New LMCO Section for Surcharge on Tickets & Tax on Restaurant Gross Receipts.pdf This item remained tabled in committee. Announcements Chair Person Hollander discussed the upcoming budget hearings. Adjournment Without objection, Chair Person Hollander adjourned the meeting at 5:31 p.m. *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on April 23, 2020. Louisville Metro Government Page 6