HomeMy WebLinkAbout2009-01-27; City Council; Minutes (2)MINUTES
JOINT MEETING OF: THE CITY OF CARLSBAD HOUSING AND REDEVELOPMENT
COMMISSION, CITY COUNCIL AND MUNICIPAL WATER DISTRICT
(Joint Special Meeting)
DATE OF MEETING: January 27, 2009
TIME OF MEETING: 6:00 p.m.
PLACE OF MEETING: City Council Chambers
CALL TO ORDER: Chair/Mayor/President Lewis called the Joint Special Meeting to order at 6:33 p.m.
ROLL CALL:
Present: Commission/Council/Board Members Lewis, Kulchin, Hall, Packard and Blackburn.
Absent: None.
DEPARTMENTAL AND EXECUTIVE DIRECTOR REPORT:
7- AB #19.703 - PRESENTATION OF ECONOMIC OVERVIEW.
Finance Director Lisa Irvine, Assistant Finance Director Kevin Branca and Economic Development
and Real Estate Manager Cynthia Haas presented the staff report and reviewed a PowerPoint
Presentation (on file in the Office of the City Clerk).
Finance Director Lisa Irvine and Economic Development and Real Estate Manager Cynthia Haas
presented the staff report and reviewed a PowerPoint Presentation (on file in the Office of the City
Clerk).
Ms. Haas gave an overview of the following factors that are impacting the local economy:
• Increased unemployment rate
• Increased industrial real estate vacancies
• Decreased consumer spending
Ms. Irvine stated that development related revenues have decreased approximately 44% and that
there has also been a decrease in the yield on the Treasurer's portfolio. She further explained that
staff is projecting that the General Fund Revenue will be down approximately $4.6 million by the
end of the fiscal year.
Ms. Irvine stated that staff is proposing the following expenditure reductions for the General Fund
for Fiscal Year 2008-09 to help offset the impacts of the current economic conditions:
• Reduce maintenance in parks, parkways, fields, facilities, streets and streetlights
• Reduce travel and training expenditures
• Reduce potential management pay
• Small reductions for Police and Fire
• Implement a managed hiring freeze
• Transfer $1 million from Council contingency to General Fund
January 27, 2009 JOINT SPECIAL MEETING OF THE CARLSBAD HOUSING AND REDEVELOPMENT COMMISSION Page 2
CITY COUNCIL AND MUNICIPAL WATER DISTRICT
In conclusion, Ms. Irvine explained that the proposed general fund operating budget expenditure
reductions will result in approximately $5.3 million in General Fund savings.
ACTION:
AYES:
NOES:
ABSENT:
ADJOURNMENT:
On motion by Vice Chair/Mayor Pro Tern/Vice President Kulchin, the
Commission/Council/Board adopted the following:
The Commission adopted RESOLUTION NO.463. approving Operating
Budget reductions for Fiscal Year 2008-09; and,
The Council adopted RESOLUTION NO. 2009-019. approving Operating
Budget reductions for Fiscal Year 2008-09 for the City of Carlsbad; and,
The Board adopted RESOLUTION NO. 1347. approving Operating Budget
reductions for Fiscal Year 2008-09.
Lewis, Kulchin, Hall, Packard and Blackburn.
None.
None.
By proper motion, the Joint Special Meeting of January 27, 2009 was adjourned at 7:09 p.m.
LORRAINE M. WOOD, CMC
City Clerk
Sheila R. Cobian
Deputy City Clerk