Financial Performance and Budget Committee

City of Riverside 3900 Main Street Riverside, CA 92522 (951) 826-5557 Financial Performance and Budget Committee Agenda Meeting Date: Friday, January 8, 2021 3:00 PM View Virtual Meeting Publication Date: Wednesday, December 23, 2020 Live Webcast at www.engageriverside.com MISSION STATEMENT The City of Riverside is committed to providing high quality municipal services to ensure a safe, inclusive, and livable community The City of Riverside is committed to a workplace that requires acceptable behavior from everyone - a workplace that provides dignity, respect, and civility to our employees, customers, and the public. The Financial Performance and Budget Committee will conduct a virtual meeting. The Art Pick Council Chamber will not be open to the public. View live webcast at www.engageriverside.com. For telephone public comment call (951) 826-8600. Dial when the agenda item is called to be placed in the queue. Please follow along with the meeting via www.engageriverside.com, RiversideTV cable channels, or City social media live feeds to ensure you call in at the appropriate time for your item or items. Time is limited to 3 minutes. Public comments regarding items on this agenda or any matters within the jurisdiction of the Committee can be submitted by eComment at www.engageriverside.com until two hours before the meeting. Email comments to City_Clerk@riversideca.gov. 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 at least 72 hours before the meeting, if possible. TTY users call 7-1-1 for telecommunications relay services (TRS). City of Riverside Page 1 Financial Performance and Budget Agenda January 8, 2021 Committee Agenda related writings or documents provided to the Committee are available at www.engageriverside.com PLEASE NOTE--Individual audience participation is limited to 3 minutes. Dial (951) 826-8600 when the agenda item is called to be placed in the queue. Please follow along with the meeting via www.engageriverside.com to ensure you call in at the appropriate time for your item or items. 1 Fiscal Year 2021/22 General Fund and Measure Z Baseline budgets, budget development strategies, and potential balancing measures - Direct submittal (All Wards) Edward Enriquez, Chief Financial Officer/Treasurer Attachments: Report General Fund Baseline Budget and Assumptions Measure Z Baseline Budget Presentation 2 Management Agreement with Riverside Art Museum for Cheech Marin Center for Chicano Art and Culture for initial term of 25 years and automatic renewal for two additional five-year terms - 3581 Mission Inn Avenue(Ward 1) Moises Lopez, Deputy City Manager Attachments: Report Agreement Revenue and Expenditures Budget Letters Presentation 3 Oral communications from the public 4 Items for future Financial Performance and Budget Committee consideration as requested by Members of the Committee City of Riverside Page 2 Financial Performance and Budget Agenda January 8, 2021 Committee ********* The next Financial Performance and Budget Committee meeting is scheduled for February 12, 2021, at 3 p.m. Committee meetings broadcast on AT&T Channel 99, Charter Spectrum Channel 3, and Frontier Cable Channel 21 For live Webcast of the Committee Meetings: www.RiversideCA.gov/Meeting or www.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 3