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HomeMy WebLinkAboutMeasure S Expenditure Policy Workshop Presentation 1 & Measure S Expenditure Policy September 23, 2020City of San BernardinoMayor and Council Study SessionPresented by: Teri Ledoux, City Manager 2 term fiscal stability - Measure Z Committee recommended to Mayor - rovide clear direction with regard to financial management to stablish reserves to meet future obligations epensure delivery of quality services and a balanced budgete Measure S Expenditure Policy & Oversight August 19, 2020 and Council the development of clear fiscal policies that:The Mayor and Council directed staff to return with a draft policy for review and discussion. 3 Measure S Expenditure Policy & Oversight Committee Draft Resolution Establishing a Measure S Expenditure Policy 1.2. For review and consideration: 4 Committee, Z Policy he Measure S Citizens align with the: voters, t will replace the Measure proposed Measure S expenditures as part of annual S ballot language and Adopted General Fund Reserve Measure recommendationsMayor Measure S Expenditure Policy & Oversight Reviewing the budget process to verify they Measure S is approved by 1. If Oversight Committeeresponsible for: 5 end spending report and - Committee Responsibilities pending plan s S Citizens Oversight Measure S Expenditure Policy & Oversight During the budget process each year, the Committee will provide recommendations to the Mayor and City Council regarding the Measure S The Committee will review the yearindependent audit and present findings to the Mayor and City Council 2. 3. Measure Continued 6 S revenues and : . consideration. will be used to track Measure fund - City Manager will present to Mayor and Council and Measure S Measure S Expenditure Policy & Oversight separate sub A expenditures.The Committee a proposed Measure S spending plan as part of budget processthe Mayor and Council for Allocation of Measure S proceeds will first be considered in the context of preserving existing levels of service and complying with 1.2.3. Measure S Expenditure Policy Guidelines 7 programs accordance with improvements recommendations of the the Committee including: businesses Oversight language, and neighborhoods and attracting new Youth, senior, and homelessness service programs and safer safety, emergency response and violence intervention , park, and library maintenance Expenditure Guidelines Continued Measure S Expenditure Policy & Oversight Public Retaining StreetYouth senior and homelessness service programs Cleaner After existing levels of City services are preserved, the remaining Measure S proceeds will be used in support of the Mayor and City Measure S ballot 4. Measure S 8 Expenditure Guidelines Continued Measure S Expenditure Policy & Oversight As part of the annual budget process, the City Manager will prepare a with the uses outlined in #4 will be included in the proposed Measure S spending plan for consideration. 5. Measure S 9 Measure S Expenditure Policy & Oversight City revenues (including Measure S) will fluctuate annuallyFunding dedicated to programs must be considered each year in the context the annual funding needs, priorities and the economy To work within the parameters of the guiding principles it is important to recognize: 10 Measure S Expenditure Policy & Oversight o 11 presented t along with any 2020, accordingly and be updated . resolutions will After receiving feedback from the Mayor and City Council draft draft resolutions will be brought back for adoption by the Measure S Expenditure Policy & Oversight The on October 5, 2020. The Mayor and City Council on October 7, recommended changes presented for consideration by the Committee 1. 2. Next Stepsduring this workshop: 12 Questions/Discussion Measure S Expenditure Policy & Oversight