Chair Lee outlines agenda items for committee vote
Chair Lee lists the nine categories of items requiring a vote: FY27 expense budget, contract budget, capital budget (Reso A and B), expense and revenue budget modifications, community development program, three property tax resolutions, four late payment interest rate resolutions, and a transparency resolution, plus reminders about Schedule C disclosures.
Now let's turn to adopting this budget.
Before we get to the vote, I'd like to discuss the specific items that we will vote on today.
All members received a budget packet by the Committee, Council, and Finance team that contains all the budget-related legislation that must be voted on by the committee and, again, by the full council at the stated meeting.
So I'm going to just list the items that are on our agenda today that require vote.
Number one, resolution approving the FY27 expense budget.
Number two, resolution approving the FY27 contract budget.
Number three, resolutions approving the FY27 capital budget, Reso A and Reso B.
Number four, resolution approving an expense budget modification, which closes out FY26.
Number five, resolution approving.
approving a revenue budget modification, which closes out FY26.
Number six, resolution approving the proposed FY27 community development program, reallocation of 52nd year funds, and proposed 53rd year program.
Number seven, three property tax resolutions.
Current base proportion, adjusted base proportion, and the resolution fixing the tax rates are all interlocking resolutions that together are necessary for adopting the FY27 property tax rates.
Number eight, four resolutions in relation to real property tax late payment interest rates for FY27.
Number nine, a transparency resolution.
The other documents in the packet which do not require a separate vote are Schedule C and a list of the terms and conditions included in the expense budget for FY27.
As a reminder to members, Schedule C is a schedule of the expense and contract budgets, and the appropriations for the organizations listed in Schedule C are funded by the expense and contract budgets.
Council members will have to sign a disclosure form indicating whether or not a conflict exists with any of the groups listed in Schedule C or Reso A, which details the designations of capital discretionary funds.
A separate disclosure form must be completed for the transparency resolution.
If any council member has a potential conflict of interest with any of the organizations included, he or she has the opportunity to disclose the conflict at the time of their
If you have not yet signed those disclosure forms, staff from the General Counsel's office are available to guide you through the process.
So please contact one of them before you vote.
As a further reminder, please disclose any conflicts you may have with proposed subcontractors that are used by any of the organizations sponsored.
These disclosures must be made before the subcontractor can be approved.
So those are all of our items for today.
I will now have Billy Martin, the committee clerk, call the roll.