CITY-COUNTY TASK FORCE ON CLIMATE AND ECONOMIC EQUITY: FINANCE AND FUNDING OPPORTUNITY WORK GROUP

200 E. Wells Street City of Milwaukee Milwaukee, Wisconsin 53202 Meeting Agenda CITY-COUNTY TASK FORCE ON CLIMATE AND ECONOMIC EQUITY: FINANCE AND FUNDING OPPORTUNITY WORK GROUP Janet Meissner Pritchard, Pamela Ritger, Erick Shambarger, Ted Kraig, and George Martin Staff Assistant: Linda Elmer, lelmer@milwaukee.gov, 414-286-2231 Legislative Liason: Luke Knapp, luke.knapp@milwaukee.gov, 414-286-8637 Wednesday, January 27, 2021 10:00 AM VIRTUAL THIS IS A VIRTUAL MEETING: Zoom meeting: Topic: CCTFCEE Finance Work Group Time: Jan 27, 2021 10:00 AM Central Time (US and Canada) Join Zoom Meeting https://us02web.zoom.us/j/83673436235 Meeting ID: 836 7343 6235 One tap mobile +13126266799,,83673436235# US (Chicago) +19292056099,,83673436235# US (New York) 1. Call to Order 2. Roll Call 3. Introductions 4. Review of Agenda Clarify key goals and outputs desired for this meeting 5. Clarify Scope and Timetable for the Finance Workgroup • Recommendations for innovative “big idea(s)” for financing Milwaukee’s Climate & Equity Plan, to be developed as part of the plan. • Supporting ECO to ensure sufficient finance for short-term needs over 2021 to develop and vet the C&E Plan (e.g., outreach, additional research and consulting, other needs identified) • Milestones for work groups and C&E plan adoption, per Project Charter: City of Milwaukee Page 1 Printed on 1/25/2021 CITY-COUNTY TASK FORCE ON Meeting Agenda January 27, 2021 CLIMATE AND ECONOMIC EQUITY: FINANCE AND FUNDING OPPORTUNITY WORK GROUP o Jan 2021 – Work group memberships finalized and begin work o March 2021 – Produce “menu” of financing strategies o May 2021 – Prioritize financing ideas and coalesce around one big idea o Aug -Oct 2021 – Prioritize and refine financing proposals o Dec 2021 – Bring Climate & Equity Plan framework to City Council and County Board for adoption o May 2022 – Government agencies request funding for proposed programs o July 2022 – Plan drafted o Sept 2022 – Plan adopted o Nov 2022 – Plan elements funded as part of City and County Budgets o Jan 2023 and following – Programs and policies implemented 6. Legal and Budgeting Factors to Keep In Mind a. Time line for city budget & Community Development Block Grant (CDBG) calendar (Nick Sinram) b. Memo from Legislative Reference Bureau on the difference between taxes & fees 7. Brief Discussion of Short-term Financing Needs 8. Development of Mini Project Management Plan for Finance Workgroup • Gain understanding of work to be completed • Recruit additional members to workgroup, with an eye to o Ensuring relevant expertise and representation on the work group o Diversifying the membership and stakeholder views represented on the work group • Identify other key experts and stakeholders to be consulted as work progresses • Identification of potentially viable “big idea(s)” for Financing Milwaukee’s Climate & Equity Plan • Research • Data gathering • Analysis • Documentation • Outreach to stakeholders • Allocation of work group budget ($5,000 available if large scale new revenue is pursued) 9. Initial brainstorming of potential “big ideas” for financing Milwaukee’s Climate & Equity plan. 10. Adjournment City of Milwaukee Page 2 Printed on 1/25/2021 CITY-COUNTY TASK FORCE ON Meeting Agenda January 27, 2021 CLIMATE AND ECONOMIC EQUITY: FINANCE AND FUNDING OPPORTUNITY WORK GROUP In the event that Common Council members who are not members of this committee attend this meeting, this meeting may also simultaneously constitute a meeting of the Common Council or any of the following committees: Community and Economic Development, Finance and Personnel, Judiciary and Legislation, Licenses, Public Safety and Health, Public Works, Zoning, Neighborhoods & Development, and/or Steering and Rules. Whether a simultaneous meeting is occurring depends on whether the presence of one or more of the Common Council member results in a quorum of the Common Council or any of the above committees, and, if there is a quorum of another committee, whether any agenda items listed above involve matters within that committee’s realm of authority. In the event that a simultaneous meeting is occurring, no action other than information gathering will be taken at the simultaneous meeting. Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the City Clerk's Office ADA Coordinator at 286-2998, (FAX)286-3456, (TDD)286-2025 or by writing to the Coordinator at Room 205, City Hall, 200 E. Wells Street, Milwaukee, WI 53202. Limited parking for persons attending meetings in City Hall is available at reduced rates (5 hour limit) at the Milwaukee Center on the southwest corner of East Kilbourn and North Water Street. Parking tickets must be validated in the first floor Information Booth in City Hall. Persons engaged in lobbying as defined in s. 305-43-4 of the Milwaukee Code of Ordinances are required to register with the City Clerk's Office License Division. Registered lobbyists appearing before a Common Council committee are required to identify themselves as such. More information is available at http://city.milwaukee.gov/Lobbying. City of Milwaukee Page 3 Printed on 1/25/2021