Budget and Finance Committee

Council Chambers

Agenda — 4 items

1. 1 Roll Call: Chair Pungo, Mota, Gerlach
2. 2 Monthly Finances 15-8469 ▶ jump to 0:54
3. 3 Questions posed by Councilperson Mota: 1. Police Pension / DROP Liability • Updated actuarial report and analysis related to the Police Pension Fund and DROP obligations (received). • Current funding status, projected liabilities, and anticipated long-term financial impacts on the City budget. 2. Financial Impact of Pending Capital Projects o List of major pending and planned capital projects, including the new Public Safety Building, Central Fire/Life Center, and Parks and Recreation facility projects o Estimated project costs, financing structures, debt obligations, and projected impacts on taxpayers over the life of the financing – how would the projected anticipated tax increase dovetail with that contained in the city’s five-year plan. 3. Stormwater Fee Financial Risk Assessment • Review of potential financial impacts associated with the recent Pennsylvania Supreme Court decision regarding stormwater fees. • Assessment of risks for the current budget year, upcoming budget cycles, and any retroactive exposure related to prior years. • Analysis of potential impacts to City revenues, operations, and capital planning. ▶ jump to 7:20
4. 4 Adjournment