Budget Engagement Commission

City of Riverside 3900 Main St. Riverside, CA 92522 (951) 826-5199 Budget Engagement Commission . SPECIAL MEETING Agenda Meeting Date: Thursday, April 5, 2018 5:00 PM Mayor's Ceremonial Room Publication Date: Friday, March 30, 2018 MISSION STATEMENT The City of Riverside is committed to providing high quality municipal services to ensure a safe, inclusive, and livable community PLEASE NOTE--The numerical order of items on this agenda is for convenience of reference. Items may be taken out of order upon request of the Commission Members. SPEAKER CARDS--If you wish to address the Budget Engagement Commission, please complete and submit a speaker card to the Commission Secretary. Speaker cards can be found at the entrance to the Mayor's Ceremonial Room. Speaker cards will be accepted until conclusion of public comment on the agenda item. In accordance with the Public Records Act, any information you provide on this form is available to the public. The City of Riverside wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities, as required by 42 U.S.C. §12132 of the Americans with Disabilities Act of 1990. Any person with a disability who requires a modification or accommodation in order to participate in a meeting should direct such request to the City's ADA Coordinator at (951) 826-5427 or TDD at (951) 826-5439 at least 72 hours before the meeting, if possible. Agenda related writings or documents provided to the Budget Engagement Commission are available for public inspection in the Finance Department, Budget Office, at www.engageriverside.com, and in the binder located at the Mayor's Ceremonial Room while the meeting is in session. BUDGET ENGAGEMENT COMMISSION CHAIRPERSON CALLS MEETING TO ORDER PLEDGE OF ALLEGIANCE TO THE FLAG COMMISSION SECRETARY CALLS ROLL City of Riverside Page 1 Budget Engagement Commission Agenda April 5, 2018 PUBLIC COMMENT This is the portion of the meeting specifically set aside to invite your comments regarding items and any matters within the jurisdiction of the Budget Engagement Commission. Individual audience participation is limited to three minutes and you will be asked to state your name and city of residence. Please complete and submit a speaker card to the Commission Secretary. If there is no one from the audience wishing to speak, the Commission will move to the next order of business. 1 Public Comment DISCUSSION CALENDAR This portion of the Budget Engagement Commission Agenda is for all matters where staff and public participation is anticipated. Individual audience participation is limited to three (3) minutes. 2 Fiscal Year 2017-18 Second Quarter Financial Report and Measure Z Update Attachments: Staff Report A - FY 2017-18 Second Quarter Financial Report B - Measure Z Status - Tracking Measures and Targets C - Presentation 3 Review of the Baseline Fiscal Years 2018-23 Five-Year Financial Plans for the Public Parking, Solid Waste, and Sewer Funds Attachments: Staff Report Public Parking Fund 2018-23 Five-Year Financial Plan and Presentation Sewer Fund 2018-23 Five-Year Financial Plan and Presentation Solid Waste Fund 2018-23 Five-Year Financial Plan and Presentation 4 Review of Electric and Water Funds Fiscal Year 2018-23 Budget Assumptions and Five-Year Financial Plans Attachments: Staff Report Electric Fund 2018-23 Five-Year Financial Plan Water Fund 2018-23 Five-Year Financial Plan Presentation City of Riverside Page 2 Budget Engagement Commission Agenda April 5, 2018 5 Review of Proposed Fiscal Year 2018-20 Capital Improvement Program Budget and 2018-23 Five-Year Capital Improvement Program Plan Attachments: Staff Report Proposed FY 202018-20 Capital Imporvement Program Budget and FY 2018-23 Capital Improvement Program Plan Active Capital Improvement Projects Approved in Previous Years Unfunded Capital Improvement Projects CIP Fiscal Policies Presentation 6 Review of Proposed Fiscal Year 2018-20 Biennial Budget and 2018-23 Five-Year Financial Plan for General Fund and Measure Z Attachments: Staff Report A - Budget Summary by Fund B - Largest Revenue by Fund C - City-Wide Revenue and Expenditures Summary by Category D - General Fund Revenue and Expenditures Summary by Category E - Measure Z Five-Year Spending Plan F - General Fund Five-Year Financial Plan 7 Information Regarding the City Manager's Employment Agreement Attachments: Staff Report City Managers Employment dated February 6 2018 Press Release Riverside City Council Clarifies Details fo City Managers Contract Extension APPROVAL OF MINUTES 8 Approve Minutes of January 30, 31, February 22, and March 15, 2018 Attachments: Meeting Minutes_Jan30_18 Meeting Minutes_Jan31_18 Meeting Minutes_Feb22_18 Meeting Minutes_Mar15_18 MISCELLANEOUS BUDGET ENGAGEMENT COMMISSION ITEMS 9 Items for Future Agendas and Updates from City Staff 10 Approve Absence of Commissioners Arballo, Segura, and Vice Chairperson Lee from the February 22, 2018 BEC Special Meeting City of Riverside Page 3 Budget Engagement Commission Agenda April 5, 2018 ADJOURNMENT ********* The next regular Budget Engagement Commission meeting is scheduled for Thursday, May 31, 2018 City of Riverside Page 4