Budget Engagement Commission

City of Riverside 3900 Main St. Riverside, CA 92522 (951) 826-5199 Budget Engagement Commission Agenda - Revised Meeting Date: Thursday, March 12, 2020 5:00 PM City Hall - Art Pick Council Chamber Publication Date: Monday, March 2, 2020 Originally Published: Friday, February 28, 2020 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. LISTENING ASSISTIVE DEVICES are available for the hearing impaired--please see the Commission Secretary. 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. 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. Agenda related writings or documents provided to the Budget Engagement Commission are available for public inspection in the form of an agenda packet available in the Mayor's Ceremonial Room while the meeting is in session, and at www.engageriverside.com. CHAIRPERSON CALLS MEETING TO ORDER City of Riverside Page 1 Budget Engagement Commission Agenda - Revised March 12, 2020 PLEDGE OF ALLEGIANCE TO THE FLAG PUBLIC COMMENT 1 Public Comment - This is the portion of the meeting specifically set aside to invite your comments regarding 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. CONSENT CALENDAR All matters listed under the CONSENT CALENDAR are considered routine by the Budget Engagement Commission and may be enacted by one motion in the form listed below. There will be no separate discussion of these items unless, before the Budget Engagement Commission votes on the motion to adopt, Members of the Budget Engagement Commission or staff, request specific items be removed from the Consent Calendar for separate action. Removed consent items will be discussed immediately after adoption of the balance of the Consent Calendar. Minutes 2 Minutes of February 13, 2020 Attachments: Minutes 02 13 2020 Attendance 3 Absence from Budget Engagement Commission Meeting on February 13, 2020 Attachments: Report Attendance Guideline BEC Attendance Report 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 3 minutes. 4 Election of Chair & Vice-Chair for a term of (1) year Attachments: Report Article VIII Section 804 City of Riverside Page 2 Budget Engagement Commission Agenda - Revised March 12, 2020 5 Quarterly Performance Report in Vital Indicators, Department Accomplishments, Strategic Goals, Performance Measures, and Measure Z Funding Priorities for the Second Quarter of Fiscal Year 2019/2020 (October – December 2019) Attachments: Report Quarterly Report Presentation 6 Fiscal year 2019/2020 Second Quarter Financial Report and Measure Z Update Attachments: Report Financial Report Measure Z Financial Summary Presentation 7 Conceptual use of Pension Obligation Bonds to Restructure the Calpers unfunded Accrued Liability Attachments: Report Presentation 8 Estimated Cost to Issue Debt for two options for the Museum Rehabilitation and Expansion Project Attachments: Report Presentation COMMISSION MEMBER/STAFF COMMUNICATIONS 9 Brown Act, Conflict of Interest and Ethics Training Attachments: Brown Act Training 10 CalPERS Ad Hoc Committee Update 11 Update from the Chief Financial Officer 12 Items for Future Agendas City of Riverside Page 3 Budget Engagement Commission Agenda - Revised March 12, 2020 ********* The next special Budget Engagement Commission is scheduled for Thursday, March 19, 2020 The next regular Budget Engagement Commission meeting is scheduled for Thursday, April 16, 2020 For live Webcast of the Commission Meeting: RiversideCA.gov/Meeting or Engageriverside.com ********* Sign up to receive critical information such as unexpected road closures, utility outages, missing persons, and evacuations of buildings or neighborhoods. www.RiversideAlert.com City of Riverside Page 4