01 Staff Report - Council Retreat
DRAFT Council/Agency Meeting 4/6/09 Item # MINUTES OF THE TOWN COUNCIL RETREAT MARCH 7, 2009 The Town Council of the Town of Lol'i Gatos conducted a Special Meeting on Saturday, March
7, 2009 at 8:30 A.M. to facilitate a Town Council Retreat. MEETING CALLED TO ORDER ROLL CALL Present: Mayor Mike Wasserman, Vice Mayor Diane McNutt, Council Member Joe Pirzynski, Council
Member Steve Rice, and Council Member Barbara Spector. Absent: None. VERBAL COMMUNICATIONS (Three-minute time limit) Mr. Davis • Commented on people recognizing him in the community.
• Commented on being impressed with the Town's fiscal situation. • Commented that funding for Neighborhood Improvement Fund purposes is already available through the Redevelopment Agency.
DISCUSSION TOPICS Fiscal Year 2009-2014 -Trends and Five-Year Forecast Town Manager, Greg Larson • Presented revenue trend information, including sales tax, property tax, transient occupancy
tax, business license fees, charges for services and license and permit fees. • Presented Presented Town staffing level history from FY 2001/02 to the present. • Presented the five-year
forecast showing deficits beginning in FY 2009/10 that will need to be addressed through budget adjustments. COUNCIL DISCUSSION • Requested clarification and commented on the revenue
trends, staffing level history, and five-year forecast. 1
2009/2010 Budget Balancing Strategies Town Manager, Greg Larson • Discussed potential townwide cost savings and revenue enhancement strategies to pursue for the development of the FY
2009/10 budget. • Discussed potential specific service reduction and revenue enhancement proposals to balance the FY 2009/10 budget. COUNCIL DISCUSSION • Requested clarification and
commented on the townwide strategies and specific service proposals. ADJOURNMENT • Meeting adjourned at 12:30 p.m. Attest: Jackie D. Rose, Clerk Administrator 2