1738656000 02/04/25

Ummhm Of cours w are d li to call meengf the ty Council of Publiinance thityo order. C cle, ca I please hav t rol call. Counlm t2 Her.Ouncman nnedyouncilman McKeon Councilm Bns.H,ayor Bus Councilma v derark. Re. Councilmantrklan. Cocilm Williams. Ok, erk, do w hav a supplementalomnicaons? W have n supplemenl communicationsorhe Csed Sessn All right, Cit crk, eavenybody sne upo spea? We have nobod signed up spe at this poron ok. And we reoi t g int Closedeson. Uh Cference with lab negotiators, government code secti 54957.6 ency digted representis,ravis Hopkins, acting City Manag,lso attendan. Maris,ir, Direor of Human Roues. Co, are yon ben tre instdf Michael,ight, for e City aory officend uh Didain ierim Cef Financial Offer Employee organizationunngtoBeach nipaleamsters. Also nfence witabor negotiats agey designated reesentatives. Uh Travis Hoins, acting City Mane, sonttdanc,arisur Direorf Humanesrces Connor u.Ha sour last me? Islds tha s right. Um, nnor Hhland andavid Caan tem Chief Fanci Officer.Mployee organatn Managentmploes orgazaon.Onference with lar notiars, ancy degned uh represeates, Tris Hopkins, ain. Deput tyr Cy u ooctin City Manager als in attdance, ria s. Uh,irtorf human resrces,onnor ghnd for the City atrney s Oic DidcCn, interimhief Financial Offic, Emoy organatn Mare Safe Magemt Association Uh, Plic emploe, Cit nage cferee wit rea property negiars, Ppey 211 Pacific Cstighw, ntinon Beach, Cifnia 9264 apn 024-281-1, uh, agen negotiators Tvi Hoins,cting Cy Manager Aseyaisa, Decr of mmunity and lrary Services, Chri Cole Comni and library Services Manag, William Cll,ealstate ojt Mager. Negotiating rts, notrent.Av app,ba,acks Beach ncesons.Nderegotiation price in terms o lse, uh, Cled Ssion. I dikeo recoenehe rul meeng the Cy cncil Pubc financg Autrity,ity Crk, pleaseo rol cal. Councilmanwing. Y here. MayoPrTemcKeo. Here unci her. A rig,h, tonit,he pdge wil be led by CeycKeo. Paseisef bl.Ea toegin t United Ste ofmeri.O the repli forhich it ands, oneatn uer g. Wih yh. L u pra. We ve y thank Ld g, for a ccesul Sf City Matn forhean thoands w enyed o Cy tsast weekend Weive you tnksor th blessing o rai aer timef fe, and for all those fit rponders w he spded tohe cris,nd we pyor ts meeng tonit for tho w hav bn elecd to ldsn tity that ty mht b blessed wit th gift ofisdo and tha they mig lea for theakef eommo goo, and we ask a ese things in your hy ne. Amen City attorne,o you have anyin to ror fm Clos Session n rept fm os Seson tight. Tha u,ayor. Uh wou anydy ke to me a commentro Ci council. No, jt wt toay a ned b uheverd ke wt t t marhon this la weend.Tas absoluty anncredibleve. They had 00 me pple parcite an las yr.T whe 2h, um annl. Ande eve had o ofur cncilembers rticate Goodob Grae. Uh, sheeldush Blue gel u, huh? Asl. All ght, Aineyngel.Ounow it w,ut I was hec ofn event. W ver impressed with the t loo down the pch and seell tse peoples justmang. S tha s it. Y ye. Tnks,ayor. I, nt to u sayhatver t weekend, t first annl um, ll o Fame uh, for the athles inunngtoBeac to pce. I w a amang even,h,tevearvey and his dauger were t m andave Garfalo oaned t eve. S ma tmends aletes uh, e he in Hunngn Beh The s so many worthy ppl, um if youav somne you want t nomate, u, pase coactaveerrifalo f next year t 2ndnnua, but y kn, fksike u uh a Mey Drda, u, uh, p Towen as a surfer, Tony Gonzaz, uh eseere the peoehatere honodnd iasmazi eventndheyid gat j r t fir annual.Es, tha wa a great enth Cit clk,o y heny pplementalomnicaons s,ayor.Eav tal o 9 cmunitions, o counatio ontem numbe 9 3 communitis o iteumbe 82 cmucatis on ite mber0, 1, commucaon on item numbe 11 and 2 counicions on imumbe 15. All right Cy crk, d we he a anydy sned up to sak? Yes w hav aotal of3 speaker. O. Pror decom a Cyouil mting imperativ inrderor t publ toemai iorme about issuesertaing t the cy s busiss. The public cmes rtion of the meeng is a oprtuny for theubc to be hrdndddre tho ises I a publicor. Diuptive behiormpedgr spyingur ality. Delangur ality To couc the council busess wiote tolat. Cafornenode Stion 3 prohibi druptg ts meetg andnforment actn will beakenor vlations o is l.T ts te, t City counc reived comnt from memrs ofhe plic rerdin any topic, incdi its on the on ssi enda,ndidua wisng t pride aomnt ontemsay do sn pson byilling o equeo sak for devere tohe City crk l speakerre eourad but no ruire to intify emsees b nam. Each speaker m havep t 3 mites unless the volume of spkersarrants rucin the timellance Pleeot th t Bwn a I n all discussirctio on tics that are notn t agea. Mbers of t pubc whoould like topeak dirtly wh a cocil member o an im, not on the agend MAY consir scduli appntme by coacti t Cit cncil s ministrati aistat 714-5355 ormail in the entire Cy council at Cityounc a Surf ty-dhhb.G. Uh, we ge th pubc 3inut eac, uh. Clerk you want uso cl up eur, well you c call em o. Clhe 1 10 speakers.Arra Rhardn. Andr Einrn m.Mory Haen, Regin Bnkenrn. Rbar Shapiro. Eliolbert, Timaddi. Cann way arle Jackson a Rk Bwn, plea oppose,lee aroac th piumir speer. Me Hihere, u, Mor Mayor p m,embersf tity cocil Regina Bnkhorn u I jt wto eress the audaty. O ung Cy resourso a queions. Regardghe petitions. You ki uh rdo peoe w obly MAY not eve know what the qstions wer aut.He voters,he7,000 vers who tuly sned the petitns d who read tm a tir signures weerfiednd you aepte the Tho are theeoe.Ha mtere a yo did t and I w.N su. To t intelligeef eoter who signe tse titis tt y re askg thes questions So wando uhake tt kwn.M, and you also menoned innef the ticl younow, that you were told tha w useris m w, notartfhe th petitione udrick um that intestingomin fro propen ofeasure you who us tck wit the signs. And sayg they we saving t liarndaving the beaches wheneasu you hadotng t do withha. A in fac, peopleft the eleion, cam up to theetitionersndaid, oh, don tee t sign tha I alrdyavedhe lrary. O, so tk aut tcks Seone nes t loo I theirro metis.M als, Iatch the comnity meetingt Oce View. I fou thaery intereing Um, b the, I found that t City atty andtain m it snd as For the last yearsou ve not bn ablo arrt yone that phaps lood undocumentr was uncumented tt yrands re tied Accng to t poceaptain, becaueo were ainguestionse are you gonnaome I and I o us just becau y think mee is t and takin tc get a things. It s li,o, n,o, wre onl gonnafter theerso who suspecte. You kw w, w ar there perhaps t aest them. B that wt happene fore, youeren able t do th befe. So lt 7 years, yo hav aeste anybody? Th what y mad I snd ke Andhe only tngou di w insllore fr io theeopl tha we tre. Th immrant whether th her whocents or tht dumen. Andhe re alad gti ud t being re uh gtingsedo cuoms, learnghe lguag ttg a job. I aeadyew tm. I slreaearful thingnd I knowha becse m anmmigrant a iook a whileo g ud t tngs herehankou t was awesomea am ghe. Barbaicrdson. Reny th emaed residen a ey aut the lrary titions. One qstionsked, Were y told theetio was to pvent cren b fr bngand. Accng t itannica,ook banng I the acce of prohibing restctin rdingf certaiooks. T piticly appote Riewommittee w have theltat ahoty t rect oerghildn oks requeedy t libria tt don teet theireronfommunity anrd. The wleanng theseoo fro bng cried t lra. Libraan are nera and iartial.Heyo tejt oerg pitivy revied b tha meet t eds of t communi just beehey persolly do n like or aee wh theubject maer Wil therarye sold ot dow and ized lsn is ihe busiss t make mey. They will tak overibrary nagement a the bk collecon a who kwshat theyil doakrot Its t hower 2ears ago it w ppod all our smal lrary branc be closed t help bounc the Cit buet. Lethe residtsote tse petions. Think the joriould prefe to have cityibrary wh a multifeted bk cctio instea of m f lty Life booolleionhose b a likmindoms foriber Reviewommitt runy a prof compa.Ghly 17,0 rentsign the titis.T xtrely hd toieve theajor, I any at a did n knohat ty we signgnd its sultin to sgesterwi. Than youndy Einrn, earesiden of Hting Beach The relse ofanuary 6thnsurreionist I an arminsul to pice. Capil andemoc.Aili tod vlent oenders counble.Illow t t atck o lawnforcent rsonl. M. MAY. A rmer piceicer, ld b asham touppor spla a stae honorg soe who dregard the fety o youorme profeson. Ts I tust po judt. It tox endorsent o potal vience. Addnall, Huingtoneach Cy Cncil mes arepreadi btant li accg lrary tions ofisleadg t public Theseaseles claim are a despetettempto discretommunies har work.O, I wld lik to kno atpecic pross pla to impnt toify t responrs tourmail. Tha sign the pitionsally Its teo end t Magna Culte w. Sp wasng taxper mon onvolo lawsui. Fusnestong r cit sinanealt a fund infraructur equient cts. And me Ts coun doesn t needo mak Huntgton Bch gre aga Huntgtonch has bn gre ng bore y er spped in thisaishankou. People r on govent to ep tm s. Mere bout the proliratif coyote in Cit. Dog a cat own arerifi Sma childr ahreaned.Hen go out t emptyrash aer dier I d tt aoyote coun.S aog oer, requed to neute and ccin my p.Ouch quiremts foyot.O our genses o Cy couil uld le a light shown Ceral Pk. T traff ligh,oise a dtracti will dve coyes fro the pao o backyds. Wil thate u safehy the nd to metize t p, t librar.Illhey b crging to uur sewalksoon? Look athe giganc sns on eve rnern HtingtoBeach ringlectio, you w e how kicacks fince campsesiden are fingack.E cirlated twoetit ainst chang to o libry.Ow Cit Counciusess lng t obtainignatus. Tt ich ng fro Strand,raci, McKe andurns,ho campgned onoharter chansnde seld immeately ppose a cha chan Shoul theirlect benvaled f lying theetitioo iut the opos libry chang to vo.Here isn tnythin to e abo.Very signe was n a oppornity t rd th petitn be sning. I d hower hav hundrs requts fro rests sig aetit t rec tho 4. Meing Sicklan. Graci McKe a Burns. Tt s the titi the reall wan to si, but we notave.Ity cilas noht tonow thdentit ofoneho sign the petitns tha prilegelongs t the regirarfers and onl fornatu verifation at d you pla to wit this iorma? Ws c counl so aaid letple te onhis Wl,ur vois terrup theirravyin. Thk you Uood ening, u, mar and City Counc, t us ihe hse I wld lik to sta off by thankg Mor Burn f allingutes raker,, gen the fahatreas lshan speersrybo shoul ge 3 mutes.Hat was t t case last Cityouncileeting en uh,3 uhpeaker were announdy theitylerk a the MAY red the timeo 2 nutese suld get minu unls the n uhn overow o speaks,ublic arin award preseations, othe thing thaasn he cat t andt cinly sn thee ts tim, b I did wano tnkhe m for tha. Amturb about wheity h hdled the whe libra petitn pross very mh tame a that I tried toandle thecall ter fudcess leang to asure a the demd for terd. Wha hasappene is th thennamednd non-atibuted indidualsave algedly aache Cit uncilembeith scall cons abohe pitio proces cctedy comnity ntee. And pushe aikel falsearratihathis titionrocesss sow fled. T lea certa c certn cncil mbers t ess fak rhteo indiionhich nevereles leadso queioningf the result a arandanyoneap of cclusiotitio qualifng fusan o votes ovehe nessary lim. Not desve promp atton and actio.E wan awers a we wan the dealtith n. I amindef theack a foh f the mov a few good maraphred thuy beeen t cmunitynd t is, t comnity weant swershe youant answs.E thi we ened. Y wan ansrs. We nthe tru. Y cant hale theruth And tt s ettitud fromhe ds.He City get to sowiscordnd visionh icall surveyg,llinnd retcng tngs o whi toy disspec the crat proce, theere elted uphol. W wan t trut, ande c handlt. It s te to p the petitis toote n. The communy, t med, ahe whol count is wting s ifou a capabf o uh ng I goodaith.Hank. Ank you, Mr MAY My ne isr. A Hanso. I m speing tonit I sportf im1 reneng thegreent wit Visiuntiton Beh to h a vor k. Tsks sure visits a rests atinon Bch h the portity t learnbout t eatiness andacilits th maketing Bea the tyf expding hizon I ha beenartirlyleased seehe addion ofhe arby seen. Vesed as aatterf fac, t chehe time a viousntst t Hatiton Bier It ides iorma on mingvents asellet s contue t loo to the hizon ce aga I urg a yesote, d I m 1 Tha you. Goo eveninayorat Bur MAY Pro Te CascKew,nd, a all the uhity cncil membe, um otivat toak toght aittlit abo, u, thodeor setement Ther s bn aot of diaragin wds and dispagingomme mad in thet seral mtings.O let sta by sayg t uh m gna s a ltleit abt thaonig The omicnd comty befits ofportg theacif Shown cod For u, wave emem t the t Pacifi Air Shos t prnentir sho inhe ited Stes diver unpae enomicnd culral nefi inuntingn Beac an worldlass enteneres e folwing120 milon of anal annlly t l econy,,illin nueo HtingBeac businees a appromate4 min fhe Cit o ntingt Bea seneralund. Withhe subantialanci gas,t car tha 5 5.4 mill lawit setement arde toode 4 mes trdous fincial sse, partularhenou advtise verix-yea perio. The fincialealis, I s a art invtmentor t City When sprd ove 6 yeaf ntimt eates $000 r yea, w ismall frtionr enomicenefit of t air sw, t putt in perspeiver t same x-yearerio,he cit s genel funilleive24 llion Honeyeachiness will genever $illi in theocal enomy,e ee annflux of me than00,20 miion. I dsn te a nuclrhysici to recogne t thi is a ssiv Tur onnvestmt f the Cit Theumbe speakor thselves This,his notust a goo d but financlindf andhe befits f bines and redentnd vitorslike. So l s set recd raig here Des the ticay motatedempt toreprent t settlent a muse o Cit fun. T factell a difrent sry. The aeementith Ce 4, a profesonally higy putabl oizatn ens thatuntingn Be retns onef iosticiped and ioti annua event for so com The ldershi anision demstrate by Code CEOevin Eiott alongseith theuntingn Beac Cit Counc havecur a-win scerio f the Cy. Lol. Busses huneds of tusandshottenhe a showh yr.Ather than fuing tasels cricism weuldebrang t contind sss o thevent at evatesuntin Beh a pmier destition a onomoweruse.Onclusn, theacif Air Show is a world-ass eve The fincia reaty surunding e semen prove beyon a show ofbtt Hey Beh ss t gai emenusly fmhis rtnersp So fus on e facnd suprt the srt nessecisio and eure at thi incdible eve rema a fixtu in o commy f yearso com. Thk youd ening. Names Ken Now. Im -yeaesidt ofuntingn Beac.N Jry 1h, Iad a etinithayor Bns t discs m conrns about the finciahallges fing o City And reqst thate adoliciehat wld ute ou comnity tim of cris.Uringur meeng, t mayo I gss disssed h disaointme that I wot aref thinghat offi h bee doi in ts rerd. A I simyoldim lot o imatie cnly eculat bece d not ow wha we d notw. Subsuent t theting, mayo I, reldwo rts which incded 24 intrucre rept.N t fincialeporthich wil be dcussed latn intem er 8o tha you tha. Auickevie the rt ca showst a o 202, 1 Hugtoneach nee over 1 biion,82 mil dolrs. To stor and repce itging frastrture. Forhe piod 20 to9. Thi is not udeny money nded to teur fincial rmatn sysm. Furer view ohe sdy inhe cas that1 billi $16illions need to reprndeplace frasture ite whire gred d. Gre Deanst th srt t ite nee toe reaced quick The stus I for,ndheyould p fail Clea, t statu of t inastrre rort reprentsinanal cris fohisity.Oreove,t reesents a maj publi safessueor all peoe livi in Cit.Ce t nancia well-ing our City isot aitic issue Thould anal tim t createnn iende a hoc npartin comttee, whi a rertork wh the Cit mager to eluatehe intrucre rept. And to ke piodic repts aso moneeceive, mey s, tha peopl in Cit w haven undstan. O how e infstructe pam I going Ifhere is need to eunicip bon tay fohesetems. T citizs ofuntingn Beac sho be advidnd mus be aised. No theepaynt t fund cncre prorty xesnd o fee pai to Cit. Faireo addss the infraruct nee on a mely basis couldeoparde theubliafet of all the sidentf HtingtoBeach The te to isow Thank u s much Hlo, m name s Ja. Um Iasn hereast eting so Iustantedo ta abo tt uh non-satuarityhingt yo guys hadasse um l stop ptendanctua liciesre a comssion They re aboeldi crimins,resptingegal migran,rain taxper mon All the expse ax-abing cens um,f Huntgtonchrulyares abt plic sety a faness, wust rect the iled piciesndecla oursves a nanctry Cit. Fitanct polies otecrimi, n famils. Calirniaaw pventsur local pe fm crati wi feder immtion thorits,nith dling th viont offders. Tha mean crimils ated for drugraffng or en mu can beelease back into o comties inste of g dorted Butince ump new u Execuve ords w we c final dhat Um. Loo at Ke Sell s rderan Fraisco Her kier wasreviouy dted legalhe was he w pruslyeporte asn illel iigrant. B sanctuyolics kep him re forhile. Cant low tt iuntiton Beh. Cond, tse piciesnsult gal iigranteopl folled thees wai yea d wked hd t bee lelly.Re bei tol, yr efs d tatter jus sneaknnd w ll ptect you. At on fairyndermis t immiationystend it wardsawbreang o respsibili.Hird, s masseinan burn xpays.Llegmmigtion co, Calorni over23 biion yea fundi fre healre, ecationnd o benefihile o o citizs stggle wit hig taxes homessnessnd c.Hy ouldard,ardworng taayersoot t bil f peopho are t en supsed e he. Thehoices cle canorcehe l pro comnities and rpect gal iigrant, oe can llow t pat ofitieike Los Aeles a San Fraisco, wh cri isampant, busissesre fleng, a xpayer aret t can u this ms.Ey teachas an oortuni toe atand, ichhey d, u And mple agr wit them, and ankou guy. I amharl Jason, a3-ye residt of ntinon Bea. Hunngton Beh n to b aines friely Cit. Trent ntinon Bea Cityounc claims to b buss fendly, theirctio speak lder wor,nd ty don t care out busess Manyusiness do t wt to ben Cyhat placesxtre politalues ov fg pholesnd balag t Cityudget Or Ci thathanges I mind caprious. F instae, on a Cityouncilpprove a oject,hey tn arod a tryo canl it Conder eyese nea Bol onarner Diladatedusin mal are ahingf t p.Ldin a dernenioente would ntrite to t ima of Hunton Bch and provi mucheeded faciesor Huntgtonch ridentsn th propol,re w be morearkingn at t rril Garde senr facity member, les tha0% o assi livg,h, pients ownars none of the memy careesidts patnts o rs.T mea l tha 20 sides wil bng cs t this hostal. Tt lves 70+ paing sces fmploye and vitors. In fact the exting u today pduces out doue tha amoun of affic The pjects n a sideial artmentivin spacehis I a hpital Thi is atediving memo c fity facityhat eede in ntinon Bea. O sen oopulatn I gwing dly ands a Cy, ifou lookt ourenioropulatn, avever0,00enio That s 3 of o populion Th pro als hps wit our onom, prodingn estimed milli for t Cit. Al fillg teedsf ourenior pulaon.Hank.Lerk, hat all t spes? Othe sf sakers No. Next s ofaker plea ce t the pod. Dad Reirsonhristoer Re Jus Makf. Pau Shaffe. Cridend las cal forlise Tbert. Plee apprch todiu. Goo ening I de tin toght b acknoedgingt hislack Htory Mth as rindehatmeri histy is blackistond vi versa I ve livn Huingtoneachce 15 and so m homeoer a vot. Bade iniivesften commly knos vid meures are queionsced befooter on lal balts. Cizennitied blot measur goter t opportity toepean tingity ordance prop a cngen inur Cit goveing dumenthich I Hank Bea is o chart. E Balt itiativ proce gi peoe the abity the power tolle sture to plachose propols dirtly fore vers.Oughallot meures majity ooter tellhe locoverent wha theubliantso getone. Ters acrs the natn ined, blue,nd purpltates he us ballo iniativeso get issuesnhe blot tt hel thei commuties.Alto itiaticesss dirt mocrac It s a truxamp of demracy actn. You dire dracys the wilf th ppleause n mter we are orhere we fro well wan the fedom to mak decis on iortantssues atay impt ourives Di demracy is essenal toolassing opleentere polics ahe lol lev. Fther, I belie thatectemocras a crical pt ofrying to ild alusi rticorynd thring unit.T ishe pross thatsly teopl and fo theple So arehe mes o theity cou afra of docra h can w tell Youeed toethe voteecideow tyant thr plic lrarieshat they veaidir tlars r, h doy w toe manad andt bksnd rial shoul beurch. Se d tefraidf decracy.T ow y got he. Goodveningounc meers.Y nam isaula Shfer I bee agtim sident ohe Cit. Mments are red tever ts a the las Citounc meet. Iouldike t refe Counlmem Twing comme that whenhe sigture gathers we cononteye, hi and seonee thathe circatorledhe pole on em. T corre the rord Th pol werealled oy afte libra secity ce out an tald tohe pern. Who was cmitt theh breh o th Fir Amendnt rigs a theircurs h who h been shoutg a nothe petion gherersot the gnatur gatrs. Terso washout a theeople gninhe pitione w alsoutin atm red graicallyexualing chdrenou m the commts in refence to t privizatio pitionhat inacrate. Terson coinuedven thohecurit came twi Weidot ntactecurit. Secity was ctacted byple we sig theetitio. Whe ctinuedis aions despit bng td to b the ritywice. Then polic werealled and ty ce o and ty tald tim. So I d li y toerstd tha s ly wt hapned.Ause washere. Meromme are rated the stament th wereadeardihat ,he cirlatoiedere a c ofetithe te is he. T texs also he pe tha peopl are le to sn.Hey h itight rontf the. Colleed out 7 signares eac of e two pions I tked t thnds of pple, ery sileerson uerstoo wt thos petns we abo. Don now h y thinkhat pele can com upo yater d tel, wl did t kn wha sigd. Ty had an porty to rdt I insied t peoe rea it If the sai, wanto sig it, I sd, douw wt it s ab? Ik time t explai the Soase dersnd tt y areasting valuityesourc tim and rtsnd t use of yr ail stem t conta peopl anday, o wereou dup Wereou lie to I mean, leingstio likehis, dow wl you psibly rify tha any ofhese pple acally sig the pition It a fl srrand Pleas stop Dav Reineon, 2 year side. Rectly,he Cit sentut an ema The was essentllyishi expedion aptin tot asrsionsnhose gathed sigtureor two aryetitio. Simarly, .CKeonccus petion erer of lng tooten signs.Ook ban is ded a theracticf pritin o restrting the ing o certaooksy t genera publi.Vatition is dined nnly t se of asss operaons to prive enty but ao as t outsrcin in wch priva enti areaskedith t rfornce o goverent rvices Bothre accate deriptio o the polies at theetit arepposin. So Eher m.CKeonnd the thorfhemail w deliratelyisinous or theyeallyeed toest in bettictiary.Owevhis ghte jus anoer miirecti play try to gip theutragever se leer issueo disact t publ frohe bigge issue ey shod ry b conceed ab. D d d youtten he fancilann toda sndaell,t rtaiy conrninghat the an cntlyhows dicits t tt lst 203. It sho alonce citizs e mor outtateme o what s no iludedn the fecast. Ok a page. Undfundinf uipmen replament, wch cludesolice c ande gines. Undfund of iticalnfractur, wch ater,ewers and rds. Restationfepartal ts a emeencyical rvicesevenisks you ke thotems o of t final pn. Wer esseiallyailing tolan th primaunct of Cy gornment to keephey ruing a mained s rhap if ypent ls tim onultu wars and rewarng yo campan suprternd mo and auallyoing your bs o runni in t City we wod notind oselves in suchireinanci strai. Thk you c Reeni Hunton Bch nate rent.T theast couil meetg counc mem voice theipinionhat pple had gned t libra pition unde falsetens and gav storie oeing l to Shortler,n emaent to Sfitykly suiber askin questns rdin the pitions f the Huingteachibrary Fir of the petitns wereor the ingt Beachublicibra. Fo a Cit counc tha over eastear h fght bierly or theemancs ouourcinperasersu ivatation a bk revw veus boo banng getti theibrary namerong rise me. Sec, puzzle whyheity choseurf ty Wklyubscrirs as eirurveyampleo wenow wh orlapre I beeen petn sig and wslett subbers t titi dot hav email dress. Iing teadi qutionsnhe ema, vontaryurveysende unliable get resnse ra. I mean youre lucky if u get5%. Theyon reprent skeholds. Fly akehders he b speing nsistely for over yea, an youave iored tm. I al surpred tha Counc membanderarkouldreely divulgt se dguises ileninghe sury. Deceptn I ioral,nd Frany Ga I a celrity. Anyoho kws w shes willecoger styli coat jumpsts black chey lipsck, butiful coa, a long haivenith ahose cored u wetill kw you voic.Uttingnat ds t cnge youre. O wonds I peo hea wha thanteoear I susct comati biasn efft. I see y too.Ood ening a r t stamentinuang snry or havg colle dipla I tnk tha securi speakg. W don t care aboutour ecati as mu ase car to knohohe 21uardnsre,fir exrience quafies t t judgehildre s liturend wh tir opion I mor impoant than tt o every herarentnhe Citof Huingtoneach. C on counse jusrophis. Y haore impornt ts t do. Weave budge def. Don t h a gd planor it yet.Nd f asuch a we spo aboutaw and dernd teedoe tou on c. Wel Logan ristherelly,he guy w stbed kild twoeopl last Frth Jy was white du from Mondo Bch. W do weays ae cme is tinoho a herellegal. Ank y. Goo eveni Honorae Patayor Bns and l Cit Counc memrs who aree. M gful t you re lisning to w the the cizenhat you reent haveo s and knowhat youill me the st judent o balff all of u, u, I musti Makof. M he oehal t Huington Cenk Eqstrian Cennd Fre reoundn a I wanna ank p Bns for entrting u and lting Take youor a hseback ride a upleeeksgo,, I ry wa suc nic thio see uome and psona get lea mor abouthe eqstrianenternd we ha t offernd w I is such gem to they of ntingt Bea I urag a Citounc mes. I know MR. Twing wie briingou out shtly, s loo forwa to that. Um,ne othhing tt ally suck mes thaeopl stillon llyealize w we h hernuntin Beac and we cnueo lotf difrentnts to mure tthe pubc d cnityan ce out and se it f themsves. We do han eve comin up, uh Apri6th, ofourseidn get fer to put u on t screen, I alogizebout . B iou g t Fe reigoundion.Or. You can all tnformaon tre fo upcing ents. W ao hauggi groomnd the huggg gs a put o b Freeeignoundatn and ty are t firstdayf e mont I jt w liko reomet quily t y by somody who w attng r he androom ts Suny. Shaid Sday Iot t, I t tohareyst 2 gom wi my dea frien, Cheea. Heaughr and gradaugs. Io eited thare o herd wh the. Ts ising om a vunte Um,hat I coul notave antipatedas e tenrnes of wch our azingoluns iroduce the glso o ge gnts The g wenmetic t arms rchinroomg to hea to hrt hug Tha you a. Chelse s wds toe wer ank y forntrodunghe gis in a t t cou resote wit nee toeel fe and proeds wel as ed.Nd teriee is very itantruth lif that wend t the vnera compsionaty. Cldre have anntuiti gra f this but alseed toave I knowdgend thi knowlge nurted innngoingay to maket a lingeali in thr l. T is surpse toe t o hug and oom connues draw so my gutsnd tos tnquil aven Aacent to t urban rest Perps s a the me reahyur vteer fe thateoo g souch tf tork thate dot Frain.E havever 100 volueers reay encrage omeut t the eestria ceer and toreeeign undati andearnhat perfec gem ts I for o Cityhankou. Congralati, u, MAY. P ngration and u the res youhey pase, pase, ease Payenti to any me thatou g hav the osed ssionsecau t unio, eeciall the pice ns keepnellingou y gotta ps thi youotta pas thisnd ually s inease in inudgend t exce m, the lo t brar theibrary is o of ourost vuablesset right s $illi. We giv t poce deptment 1/100 llionollars yea $10 milln ande reocus o $ miion the uhheibrary and tibraryelps lot re peoe. Pleas thibout I mea,ou got t prote theibra andlso I m, if If anythg the lrarys thehing tha makesveryh th the t shet t mostmpornt ass wee I eric. I mn, w can gover th it dsn mter you if wther y ich or n, y cano in therend thennd and g any rource youantf we pvatizet you k the sonna hav they reonnatart hav rds,embersp c, a sonna b there gna star billiou fvery ngle tng. Mea, sious, pl, pase,leaseo n do tha Don t d tffect t liary andlso pleas take a lo at t, ahe pol depament s0 mlion a ar, c reay c tha downot I mea ty re osed onhe, oheoor ty osed t polic deparent clos after 5 clk atight. Seousl fro 9 to, the re en, fnt dr is ope. I thin Compt, it sverylace is ope 2 hours,ll t policeepartmts aut thne s clod and w giv them0 mlion aear. And I wasooki at thehe the untrie howh m tha theypend o their Onheir u uh the a a mitary they re mitary,ndou kwho spds lshan0 mon. E f oneas Anist. Ghanisn,e een tryg to getntofghaan f over yearseforrump cam in t firstime a got u out. B I mea we we in ereor a bun f aong ti,nd Ieanheyepts t wit less t $ milon andhat howuch w g to e pe dartmen. Seriy, plee pleas, plse thi abohatht wee s 20e, w, w authored $,000th of battsvery yr,, $2000 of bteriesor t drone thathey he uphere I mn, it, it s,s I scaryo plse thi abouthat Thank u.Eah or I youre gna spea, mam, plee ste up Wei I m auallyairl nervou. Uhis iot a compint.T usthank y. It s jus acty u Just statent, wna say um., I wna sayhat um,irst o all, me I e Tol. I m fro, u Comon, forn, the onl one thas goa com. Don tet ner, bu um. Iame t ts Cit a yego. At was cnce beca I wasettingejec. M gna t tooldy coosure, b Ias getng rected my famy, meers d everye. A Iad to go tn m o and Iraye and Iind her. Um,ot a job re b lostt. But a I m he, I staed seein certa thgs aut theolitic tha, yo know, mrien were lling irump couny andounow,ivin m earbout ts Cit. And um wd u he a acly helessnd sndin in the shelt.T s not sing th for anyity. Jus want to givou atory.M, I jt wann sayt thisity has be notng butood t me nsidg m colornd I m not tingo beere t bring at int the fruion, b we allnowheperant in th count andhat re der. Um I thi theity of ntin Bea is azing. Mot ainst tm becing , Ihinkou g jus voted to bece a n-sanry Cy. D I jus wanto s if the nythghat Ian d ontrute telp wit e Cit. Ll be m tha willg toe o svice bee u sin020 and I st g kked o the fol, um folave beenlinge to um, hp outomewhe polically a I wted ju bri tt tohe fruitn d I there s athing, p Burnsr wer, don tnow wh s mytric can do luntary I a up for gbs, cause again I hav noob, am heless,ut I a. Tt s e onl tiphere I mt speang iecau of wre m li is rightow. I s notor ybodyo f sor. Must ng I f lik I Jh in tiblend t this areonnaurn aund bause d hasut menhis pce beuse Ied t leave lifo. 2 t a I ck h ando. Iust wted s thatnd myime isp. K y. Terts Tert. Uld yleaseill o a bl car wit youonta informion Tnk yery swtfer. Valtina Bk had Hesidt Mor Patns, Pr Tem Cey McKn, a t r azing s I srt. Suppor theen song m consvative. Iportour ance o the nonanct ty ofhe staf Calorni an I he all oer cits lo to u toe part of a storic uertaki to can up androtect ouritynd ste frolleg c and lega non-Aricanpiri Muers, rts arsts, ieve, fudul ideity rrie, I s a bad. Am so y ypokeoakview aa in HtingBeac to revie, to rieve tm from thealse es and fea mongengrom th lefndromatin tevisiedia.Nk y for protting u and enfng o ghtsnd t pol for procts our lelih. I inull sidarit withe stemen fmhe innent resintst signe thewo petions tt wer pited illelly in regds tohe librart we bety betred,d to wer ysted helentaigh u untrut aboutur c counls. Ping o RFPequest forropo is notellinghe liary not bning t librar dn, nestring e libryoookans, bookans no boo ban sendi dirt ctoonn bookso a onab alt secon perd. That s I. I sport athin, um,he Magficenteven wha you gso suprt I becaus you guyre ptectin r intests, oome, ntinon Bea. Sup you l andou g are Setti a preden f allo aspir to r localovernmt. Sy stng and forbpd tnk y forll y a d t for weomply a srtiv and tnk y forour serce an suprt to o cmunity al pase sport Ton Strilandor Sene Distrt 36 to te Jet Nne s st an keephe condencef the peoplehatre I tt distcto kp fla goin and s for fure. Ankou. Muosracior c b, t yout concdes o speaks. Righ.Ll rht.Ouncil mber, douave a counci cmittee appntment nounnts. Mor do li appnt Tisusse tohe commuty aibra servic. Ok m. Wilams, I d ke t appnt Laso Loc to Puic w. Mr Kenne I be aointin Alan Schiber to e invtmendvisy Commsionch I appoted erybody Oh, goo jobll r, u. Inhe ab 1234eporti. N d ae havenythin to doseith e negiatiiscle openss andegoton dilosure.K. Me on t Cityanager s rort Tnk yo, Mor aity Counc, um nigh ums as w,s you are awan them cmuniti ere w re umevelopg budg fort fcalear rt o tha,m,, u, a rkin t umefineur fincialorecaso tha we n prere anpproprte budget, u, Davne, inrim Cy,m,erim ncia offic wil um oduc thetem aell a ourakeronighthankou. Odveni uhayor and tyouncilembe, um jus waed t tal aomentbout whats turposef a ng-ran fincial pla becaust eall a segic docume thautli the ty final lk. I enres tha resrces a allotediciely toeet lo ter goand poritie. Whenek at finanal pl.T w realltedo beble tos tllowso oodise fcal disio w have beenver theast fewthsorking har upda a t thald b more rob thaould giv us th abili, u, t p in enar tha wouldllow u uh, a thi by to bebleo maecisns bas oll o that iormati. Soithhat, I monna tn itver,m, a Jim Mris, u, to give uigh level orview of at thi dumentookse gog forrd.Hankou,id. Go eveni Mayor, mrs o e cncil plee t b wit you Jim Morri wit banures uh,o bfi the d, um I intce wh we a,h, l me, u, firs, u, prodeou a outlinf t uhh,he prestationig thate gonnao thrgh,. MAY don know hou d lik to d this I hap to thrgh th wle preseatio a then ke qstions o you c intet atny tim and,nd asuestns. Wt s uh, at you prefence?Ll righ. Y we py ity ea questnshatorta to terrup you? S be I. We firsoing t g thrgh a ueackgundut t financl forastels s that y ustan whahis It iortahat you untandow it s bui, uh howtunctio in bics tha you he condencen theutputshatt prodes to u.H, w ve de, a David said we beeoinghat th youffh,oing thughh tm, u worng hardithh s of you gre staf who s hadxpere, u, in doi the own forect mode, um and wking wh them wit the cy umbe so weant.O tt wit you t, u, we llough baline fecast. Llell yo what thas Uh we go roug a sceo fecas. Ll expla how that s dierent um,nd tn, u, be we fish up, aple um, Takeays t w want to prove t you ase veone is moding uh,f the city sinans and forestingm,ant giv you s ohose inss tt wee, u jus as you beg yo pcess conderingh so ofhe flhallens th they has som of t opportitiehatt has uh in thepcom budt. Sust 2 sonds wont snd mh at allere. We ve b ingh fincialisin and nsulng for aut 4 deces througut the ste of Calirnia t micipalies, , mosylsohecial strictm,bout t last decae h focednn thmporncef lon ter financl forasti a bn do forast meling, u, noor a csisten bas u for or a doz citie throut Ciforni. Youan see s ofhem the. Uh, we so h a fancial advy seices uhrm t does nicil bondssuand wo witities in tt caty. Mysf I a 3 cadeh.Ournsonh, munical aitie and arte out a a u munal lattory, u, wd for a rm f abo decad, u, an, uh practed, uh reprtinghe Cit o Coron in Ontio the spentecad iny magemen the l decaden c fceo, u comet thi fro nr o differt as. Lets tk outnderstding ty financl fastodel. Let s ta aboutow thisodel buil, um We use a uh s of andaed revue and expendureegors, um you note tha the outts of t model uh,f youooke itn dl,, a, u if y wantou canain a copyf tha.Heyon qui lip withheity exa dget uh,ategs. Ts is silyor purses ofnsurin th we re corlatingour financlah t econom data t drihe alrithmso fastour renues expd. Pictus in approprte w um, neray itines u, u, but is I, thiarticur mel is align the ecomic da so tt forasts I uh ingral. Wake you0 ars oinanal dat um that s iegranto t mol w te stastic inrmatrom tt data tegratith t econoc dandrodu taired focast algithms trive your esesnd revs or the0 y fecas per. U, theaselin fort uh, llet intohat tt is compedo a scerioorecas. We ao havour fd balce inhere.E ll sho you the tputs ofhat. sn impoantric uh, u undetandinhe lterm scaltabili a out of e Cy I howoes you fun lancunctn,m, w ll lk abo that inhe fisl ouk secti at t lt abhe imptance o tt metr, u, mos iortant asid mtioned,t the nancia modoess opp toust sim forast tt yo might g thaays her s whatr olook isor 1 year. Mel is dynam toolhatllowsouo askhe portan quen tt alws mustesked,hat I? Wtf weo somhingfere? Wha if w tn ts pcula task.Hat we addss s of theeeds tha wee in s o infraructur uh,n tes of uh eipmentunding um, wt I we dece weanna ta on n initiivell theseave tde-o, a you nee towhe fanci impas o thoodelg al y tonputhose finciampac tossess the tre-of andakeinancily inal disionsor the lg termisca susinabily of e Cy. L so tgh u the pticu geral asmpti, n all o them, bu weant higight tse assutionsor yo tt y have anerstdingf how re put tethe uh t forest, theity basine fost,hich w ll tk abt I a momt in dails ilt aund you fcal yr 25 adoed budt Tha s t baser a I sai, t 1 yearsastata, it drivy t budt disio thou ve mad and t carr tse for. Aaselin fore. Is projeionbout ur lg-term fisl outok base uponour orati toda your revens and pens todayndf contue tha stas and proving thaevelf rviceso theitiz.Hat wo yriscalutlo be er to0 yea per. Based lariesnd iortant coonentf yr fisl suainabity bei a to y the eyeest pvide th munalervi tohe cinry Currely, we ve got urrent mou I the castodel.H, tre are, I think 4 of yrroupshat yo re sll wng wh, u, to, u, looersptive mou whm, bhe exting onere ire.He st ofhe bas salies are ojecd at rat conent wha Calpe uses uh whichs.Eneral aood statewessumionbout publ emploeary ts at abo,nd aut 2 per num ireas Anoer portan assionere I thathe PERnfunde liabity,m. C h did ve uhtrateg moven 202 whentssue pon obgation b to levff s debervi u wit relaonship t thaast y unfued lbili as you m awa, 202alPERSad a rribleh retn on its invement negive% rern o 23n muchetter. 20 thihoul s 2 24 g a ltle betr a.5% but proct Inrdero be fiallyustainle as nsionundthey nd t returnbout 6.8 per aum So when tyerfo lessn thh,here s anfund liabityt ces ino t City has newunde liity becse of tty 22 ss,anagin thas someing we re gon tal abouth asn imptant aect t a of tse assptions en he reauickn tha can jusduca the communy a le b so ye that t reegativ 6.2 The Citas toer a that gatilushe 6.8 ty suppos to deler right? It s a it a culativ amot, righ? S it almt 13%he Cityad to c sot s, it s punhing Um,ow, perfmanceh and histally the 6% isn t ju o the,ff the u off wal numbe. Ovehe las 40 yea, the td to he reed 6% wheth tt s good b goingorward. A l of peoe have dferent iniobout that. Ty hav lored ttiscoteh, , oneverccasns ove thet nr o years It ed te uroun.2%., too some stepso low ithat m cone toccur. Cours, ifhatoesccur, at a bette prediion, rhaps, b I alsoringsn new cts to becsery ti t low tha, it angehe auary. Sumps a anyoss tohe unciembe s pnt nee to beover by t plann partipants And, aet m juake o other arifion thease salaes sotou ustan atheres a difrenc betwee CalPEXara asmpti onalper s sary inease as opped to the actual dathat ty re ceivin fromh ay evy sin yea,o the 2.85% is al proll da t we eporti t the every encys doi thathrought th year,o tha is a rcenge.F hd pll nuers, thectua assutionsoingut I the ture yrs. And aually as you ll see, tity has acally bn rkabl consisnt ihe pri 10 yes ath,ittinghat er u. The cit s uh isti homels proams, uh onef the iortant sumps I thi is thahe geral fdouldick u costf t proam, u uh in binni incal yr 2, the cos haveen sprea amontometherh umost nters, u, tha woue all brght bk io tener fund,m. A the the lt o, foourttentis t Ros Warfro revue. U these are o timeevens t are ming bk,, wh the dissutionf t devepment age,m,se renues, uh thessumptnn th belineorec is constenth the c s fcal licy sce there oneime revees thaheyre bng tde f oimexpense. Um, shey re beiut t anyperati cts I the neral fun in t basele focast. O. Onef t publi eakersroughthis. Ts is the slihatalks abo uh,hat iot I the fisl focast, u yet You ll b mang dionsbout wther ofhese ims nee to put inhere aow,h, t wh ifs, b tse are importt ite,h, tt we justant simy p a Postt not onhator y Underfding o equnt reacemen, u the Citas ne se proctions abo tha annua amot nee to lookike taintai t citys eipment,h, u, a vecles, u, tha expecd levelf fding iot the selineecas, crical infrasucture, t frasuctureepord idtifiedhoseject. Addrsinghoseroject not yetn theorec.M, rtmeal cut, weere sedhat tre haveeen so cutcks I vario aspes of theity ervis um, pticulay cg o of theovid uhessi uhnd an restotion o tho levs ofervicehouldhered t be.N evaationhatouan unrtake,, tse typ of nds tt wou no beo inse tse levs o serv or restohose lels svice,ot inhe um reca, and theneantedo si put p inhis o item, wchs t EMSh Emgencyedicervi Revenu. T someisks out the tohis pgram It a faly new proam tha the ty parcipati I Thers conrnsut wther ralundingill ctinue r thatrogr um,t bngs seval millis ofolla per yr toelpffse the citi s e ser cos to imbursent frohe feral rnme. Tre als new paipanomingohat ram so I cou dile t citysbilityo recve reimrsemen frohe pgram becae the limed pie Ande pticipas. S imanttems u thall b part you discuions,h, the uoming monthbout cit s fancialutlo ok,efore dive iohe base fecastast slide This I justor you sor of g pture lk. Theajor driver uh of y revues an eses, u theig on se, u, wse the,m, lig colorodingere Yohoul be happy There so rep he Um I de th where we ve had cies at uhavemshere I t d ofighcern, u, a cole oautiary os We talk abose jt realuickut y can the itemhatrend wel uh,nd wean gohrouny ofse I detai, b I won t ta your timen d tha rit n. W caneack t the sli if want t um, t song ses tax uh,nd otr taxevenase Uh, we ll tk ahat in t fiscalutloecti, um a then, u, the, thene are that I in ylow I the becae ofhe revues ateimbsement fhe e servic, tt bee highte therexpense se sameou genlyad lo lor cos,h, wch p youn a stronositio fisc goi forrd. Suld u be ae toaintai that, , anmpor ite Wha AAGRtand f in coln? Ye, tt she arage aual owth re. S if youook a at or a 10-ar perd um becausachear s fferenutt the avage one nicidy mric, , a you c s it, I s it orecasng txpens, meonightay,ell, I shou be wh t las 10 yesave bn,ell,hat partf the rson youngage fortings tha youant se ecomic da,ot simphe da inears You cod hav hervi growt, u couave hadansis varus aas tt d thos cts t areot rela tohe ongng delery ree ohose svices lookin o 10ears fward Soecas aased o 10-yr moding a 10r del,eah.Oust clary, yuys a recag u a dline in the proper taxlighy ove e nex 10 yrs. I s les aggresverowt rate So has hoodrowt rat averag about 4 5.4er yea gr We procting tha lighy uer 4. U, ag,ne impnt tng to derstabouts, u probly shod h gon over is ine of the pviou slides. The enomicata tt drivhis mod is n our riety dat uh,fi,e are n ecomists, u, were fincialeler and finaialdviss. Use econicata f vartyf sos bothegioy state a natiol, u, wht t hea of t mod, we ry upo a g uh, ody Anatics uh,t s a suidiaf Mdy . W areheanci ratin servh t doeunical boatin, u, aasone f decad.Hey empy abou 80nomis who do de dive androvide a gionalevelecas with onomrojeions, 3ears that tnk ihe bt soce o dat torive the del. S,o tho, t, t, th the imporntakeawa o aaselin fort I,his I aata-dren mod.T sot sayin, h s what think e Cy ofuntingnill loike I 10 yea.His econic dat say thiss erojectn t ecomist put o this,hese enomi indicars, andhose a rrelat witourevenue andense. Doheye maets younownto nsiderion Ggraphilly We, yh, tt she rnal tput, u, tha Moo soes. S,heyook at t rional onomnd how serformg ano wo ts aga in gionsroundhe s,h, d tre c be som signifant viancetwe those tho regiol prtion. Doheyrojecth sa o, of hom ttaybe we origillychas for, u kow,ike $00 10000 dol, b youw, whey goi forale for likeilli plus, are they le t pro tha goingnto theure Theyo. Iean, assementorhe prorty .Eah it sm,ouw, ar-ter projeions ways moronfint tn u midter a and ctainlyar te, um h, uh a ses or a salend prorty t coultant tt theity emplees We ncorrated eir da inereheyo a ve goodob I abo a 5r focast piod o doi aery tinaly ofour paularousingarket loing bh the ses data terf t uhnderlyg taxt yeiven the prerty t, bo I the sfer o exig hes h hav a lase end comi bac on rulesnd th recapre ofhato tt is iorpod I hereir, e las queion, um they re athe revue, uh the t, p lin, 48, ynow, a theistoril age. Ishat an eragf the top 5. Tha s l ofour renue.Eah that s y tot basele reveee dk o of t, oneime renue tt reives, soou d t get tt , t slso o a, a rling arverageasis, u, hel tomooth o that,m, s the theumpyoisehaetim mes in tgh,, I not cessil one timeeven, buan b ueven that I noedht a ces in ouid of aiscal y. So you re justwingsheop 5 dve of t renue,ut, but, b ttcentes se onllevens b how doheyrre whe y te all tevenue ahe 48%. I mn, an t the weighd renue seams oy just dt together a de ityhe at o uhine, ne ims, we l a the tol revenuet t botm and thenimpl t 3 y rogveragef theevens uhistolly how ty rfmedr those 10ears. U, you c wght the reveesnday se.Re me impot tn oershe ci s fisl olook, b in ct,hen y look atll the reveeategorieshey re all faly imptant, u,he u reookingt tht budts, uh in revue conrain enviroentt t City operat I. Uh, the s not a lotflexibity,h,e n t attem t u value o setf reven streaverhe r, aughom provi mo stabi Tt s reecd typly in w ey pjectedwth rats. St queion y tnk you, r. The.1istori, s ouristoca.Hat your youhat yr perfornc on a.18h agains the 482its Iean, ds tt fare in a stac oer?Oo questio, yeah Tt retty good. I an I ,t s, I fairl consisnt um but ain, I, it sometimepds on wt th prior 10ea o Cy loed like,m, andtan be a littlitisrting. I I ll givou a gd examp. Um sll c,h, w jt putt tetherheir fect, uh, u. T las coue of wes, uhh lumpak,h, u the Ctr Coast.Hey ve d se snifint gwt I theicomi base orhe lastea. Soe veado adju tirlgits in oro disunhat becse theyad som 8%wt thr annlenue,ut th mtly dueo n gwth th t seeg, tir exisng pfoanf the x base. Htington ach ture City n lf n onom growthominn ar to what is alrdy here and pformin well.M sohi is typ o wha we see a u plasikeh Culv Cit o El Segdop th cst fm y Tha y. M.K, let de int t sene fect,h,hi sle I u her jus splys prf tthiss n alack box uh it ts oo numrs, uh,ourtaff h tha.T I thr model, ty c ipect it,he can lk a a aect I.Nderstd, u,he,h, thorlasnd t algits at a dvi tha mel um andnderan howo aus it, , aial inor theit, ,uthis ihe sum pa.He s a lf mod hindhis t rl up into th u, note to tocus the numrs bece le to fus ohe gphal output wn y re lki a long tm trend,omimes nuersreer misadin a ople getixat o tm and it nood. I s me tre an quantyhat y n to lookt becauhenou re anging acrt car, uh a Huntin Beacs fairlyargene ihe ste Califnia.Takes ait of te a sonderanng at andow tha c chae I rt o t dynamis o a cast mod o basel reca da-driv How does isook, t cy s fcal outloo w phi slide up and w use 1 yrs in res, ael as 10 yearsoongorwa becau we tnkisricalata is imrtanto s asos juimplroing I and ei the pjectio fro is fisl y forwa. It s nice teend knoowou ohere y are tay. S ju aouplefchrks alonghe wayite rdsid fromour pt, um you c see the CIDandemi uh,ndhe reryeriod bwe fy0 d2, u,he I the renues, yoo dow the spding tit, and tn ere the kkpnheost covid rer. Iact,ost citierrmed qteel thro theanmic, giv t lelfce thahe w ab tinanci imicatio o that um, postande,ou seeheis inhe revs, t orion o the cy servic withependin. U ee the te renues w the dtede Agn, tse are p inre haou hav thondan e tho. B those areke ou inerms o yr beline rest, ues tre isom predtaeourcfne-tim reesike t Ros Waterfntovin out,nd en aerighlig t show u, uh trowthnour transfs o,m, tked abouthates Proed ed for cital Equme, frastrture n in he, the c haseen ming concerdffortsnd or the pa numbe ofea thereas en ancre I those trsfers fromheenal fd thoseunds neede for equipmt rcent and ta infraruure nds o eit, u,nd we ll s th bette I the n sde Yo seehen sght lithe pjeionetween your renuesndou ese, th g is yr oti decit. Impta pnt ihe flecti pnt,h, wch mes aut033,hereou have a cssovro operang dets ion opeting surplu.Ar ofheey of Finaialanementnd focastin is tet fltion pnt cro wheroure.Ou m he ne-termefic I wilel youn updingie thughouthe, t sta, u in tshinterim,heir fincialorast,ou a not en sin that opeti defi ihe nea t midte, , it s veryommo occuen Um,t drive by a numr ohis a w can ta authose I yan, , buthe k will b what naial disns doou wan toake if you wto chae is fislook I bette toook aha gapn a b art Thiel y see tt dim and h I recovs. Whystecover Why I the an ilectio pnt Bk to thenc membe obrvatio aut theong termrendsfheevenue and expens,ou g proed roer revue growt tha prectedxpses.O a some poinha defic ces d Th chaenge tt s n a ingniftmount Here s eumativeun ofhat det overime rches about $50ilon befeha fltion poin 2033 wre yore Turpl srt to driv dn thaumative amnt.Ot insnicant, th dipou t g to see efcted inou fund balae He soud lance wh t basele fost.Ou driviown th o re covg t atgnnua orating decit pulngoney o of your fd balce yr geral fdnrder toover e oratingefic it eats throu yrssned funds,,nd sta t get intorommitt fds, u, ich a pmarily y onic contiencyer So, tt s aittle o a pot ofrd that youht nt toak not How do w avd tt We gono roughcenari fecast less tre suest aut e basine w canave them f ler. See n han yet We ll tk aut scarioect becse t key qstn is,reat, wve aatdrivenasel foca. How doe wan to changeha. Bed upo vious thingshat m need Oh, vid, sry jt oneme ifou b up o the sde. One ofheth thinghate ne t conrn aseook t fund balans also cashlow What kd ofas owoave gnghrough erganizio. S onehe ings tt we he t lkt the Cityris inut $1 mlion irorty t th propey taxaynt is ly recve 2 tim a y. You ndo havitting from ah fw pecve at l $ milli. Sohe mite y staiggingnt thelu,ch ishe u rested,esictedoney, m sry t cmittedon, en you reow io tha rkg ch flo ttow uso pho expentus uneethat nt propey ta pment so pt oha re loong at is aoiming tms of cas fw. Tt a eat pnt I w inon la nigctlly,h, upda tirorecas mod. Ey their olook I muc re dir. The got se sues gngn wit the Citinsnitiate thataud thanal cli fhem but tha iss of ch fwas uhas promintecause the wasom miscoepti tre ke ohe ve got aunt of t t tryo addss the maers befor wav tooh ncn, tt n to kp a alce, wchftentis notnislolic a a le ttan cas floou throug the yea iery impoan. Uh,nd,,nd a good uh goo remr. Do uannaust aouple sde befoha you y oered t. Nd ofxpd onhe d bere tha infio point w thats do y wna st m eand o tt slly why w wan to me at b rht the.Ou ntione onip bore t inectioi likha us thatndhen o, I termfha the cies a ar experncin Yh, ppe tre ls of ulion. Ts I jtonna oniated,h, cmeary hi p. Pson , uh foed opion,m I think thehalls, I tt l comniti hadost cid, a signicaroh in fun of t kds.Here w a rprisi rebnd I the t baser riey hesy in the tax be thrghhe cov peod. Cbas wer made. Os w resd,m,s of sy, u,m, rsese feed sydjustmts re defduring tha peod.Here s tsatch-u inhich y bothis rebounngax be, but y alsoethis, um o-time ndg comgn fhe deral govnmen thatoney gets cflatedn lotf aces ateems l re al flush, um and tre is anbityo the te on maybeomeic uh uh ascts o the Cy I ather , wth I s cit,, vicles and g to atoint wre I s le, whoa,urpeings n exedingur revens ao yo veo loo a dling bk to aore staable lel,chhishowst is is a thiss not insuount.Gain,he ar tngs I herhal ke thior thing tt are tn her tha wl me ts fost mehallenng causeou wan t addre os perha. Buts is tn insmotable u, fost. S,ut tha s generayhe rean Ink eein tha I sply tt pe g ls ofon onhe boun.Here wsf rviceefic toake backp um,nd the s tha settlg intt s nowccring.Nd Iigdd one m poio I asou gnt a fit posion u, we g ay fro t ality be ab toun som o the crich equipntun the typ of tngsen arshaeave surpless ve tdbout uheere able to p mon io tho paicularh fundsnde iced toheityt u ve don a gdobnoing that,ut onc y g io a fit defitositio. You no lonrble to at,o now re g t down thosstial s aowheird laes als. Rig the replenhmt becsehe, t Cif ntingt Bch, n evy Cit I strtud lik thoe do aealtmot rans fm its geral hich pform very wl venue w io tho fds Yo ve g lot ofitiehat thersnly c fdings cong froth sourc. Geral funsust makg t lls f the orang serves they pviding. So re abl tovi tt ansferfunds but t Dad soi, whe you get into a dicitha operang transf ery yeaha hel the f tn addsshose shat y.Oueot beenepnished beipe do. O, t wtf thiss ry simplau our goal heoday notoome you, u,o youith a, prestaon abo herere 10 ntlde for you t conserhat ioio be proc tt youea and hp arculate tt mel the reonds t and thenrovi u the fanciutok o the w I,ut w want sh youhe cit of the de too thi and s wus de t sple cnges t asmption. U,veryg se I thiscenaorast, me a theele, et ewo thing o I the Ro Waterontens insad hatng setsides one time revensor oneim expe.E sai,tf tha justtays inhe gener fun an hel t cov ts dip a thit goes tough I. At o chang.He sd an a Uan rate a ts isus one . There areanyuthere, um, sff mring y se if if tha oferto y, buit theew ual,any citi asiring a cteanagemt o tt by doinomethi liken dionaliscrna pat to CPERSr perps usinghe pensi 1rust money t h cerhehe crease UALtshat t Ci makesnd t pments at itaso me annll, ei ofhose sategie. E t money iesd in t 11 Tst try t o earn lps. U that t offse your incas ul pment o tahe mon, u me som upfrt pnt to Calpe a vege in etily you you reoing arbitgeith riscoun re. U,ight ,h, I y I 10 millio,h,hrom yr nsionru, u,o cpers in nt two yea Itld saou abo 15li,h overteriodr net o Wh you say save5 milon. Itset 5 tt s yea.Au u re usi 10 um,ut t moyoes nd t workorou onay I mea ts I why u setp pon resers I fo perik thi wre n ua comennd yan h ooth tt out I you forest um,ndoing rategill, u rht, y do t wan ove I all a once.Hi is notomhing eou dra I all downnd u paypa the lbili, no gd p lotsf nancia aice bindt bu there sumr ofay, bu thiss j o. Jt f puoses orentingha do itkike whe y chanssptions s two assumpon meanto b a mor potivelo. Yes s, a ha we meled tse two enario ihe m wree st see tt cgp,ight ye, s bh of t asmption a n moded to thi snarioorec. S ll seehe dree. S, re t beline in ts rstraph sitedo ow bec t the, I s not emdous cng, but you see snificaef ithen we get t bar gra.N weodel ts I ain on a line, o trendin projecon, rllyfilt to see Txpditure d dro buet te a looga at e b graph, mhore poant. Her d, u th getowno abo2 llioh uh,peting. Ci in 2.Hsewo, mohaes you ot a improvgiscalutlo uh does quirive t inflon pntack a yea buou re gti pre cse. Um, t modffts ishat thh sceos tt ot chdssumptnsn thi one scenio,h, a y can take tse aouanoo at themndiduall iiece, uh uan sta tm togher much asou wan,isaggrat them w t mod an nd tight ofolut righ? In Locovnment finae t cllengehat you psented whs not easy umee there, u, a wresedith I u, I I a vee craed envonnt ,ou don printoney,h, d tanactureoney youon t go en sou ta rates,m, are gen the fcal revuetructu an withi tha wt you spe it os aerie of tde-o tre areittl levs th w c alway puller an tre t t get mor of thatand revuease,m, but tts not notomhing thatouave t dia petln, so I tough um, so thi all t t thenay, ll, w if?Hatmuty, at wt sha wera off? ,hat d weorize?M dhen he s theng to the cumiv amoun,ight We we up tolmosh0 min, littlver 5 millio I theumative um we do tse t chang a th cuts ttbo halfw um so ain, itust sws y the per of of wha hpe whouake fanal decion that canelp ty s u btom le.H and then he sheun balan rit The ccern tt hey we we dippinto t econicas, u a now w ma these chaes.Ou can see th priorasel fecast ere wh ds,m, th w re jt tg lite t ofip out of o aigned fundo chataing opin defic Justwo sumps thereou be rshat I tt So how did thatct in sde 1, 20 was, was t botto ohe, e bele rig thend eerformce,t kin of te the cvep.Tn t ay oha niceel, it s t nice curvehen down th ihe r, b umhe rfmanceidn mel. U, the origillide o 13 If you lkt the the n, the newhe newottomows 202. 2032,hich dicit w th greatt o sli 1 and ide 19,t s, it s athe allest Sou apped the im fees umou sayi in t beline, soer, he w our belinorast. Ght. Tha slide 1.He ide 2. Samesight,re ou behe sam as sde 13. M Rht. O. A thehi is h itods wit tse t asmpti uh,haed. Wha wh s sli 19 Yeahli 19, th s t ann opeting defici 22 the is,s, mima. Rohis I the annuefits a tn the then theex slide ishe culave amot,,n a on ddiveas.Osou cumula tho dicits h much I italp to oe yo turnha ilect pnt andta havinpeting rpses tt cate ount gs d. O But I think wt tlidell denstrat a the rson th it iortantsounow, we lood atherigina mel d t fin 3 yrs w had a surus Wel, kpn m at y ve got aulive bthat gwing ove tim, I ts modere, you redu I byturplus, but y hen elite it. Hen y re 7r 89 1, yovetill g red a tt po becau you havin t maketiffereep c al expan o how y geto thepeting splushoh. Li h are y fecting th the oratiurus is like whatctns gets t? That,t simplhe da-drinroctionsbout yo revrohers you exnse growt s they re, they rehe revue o a moreositiv trein tha yo expens ollnd sot some poiha crossver and you srt t produ overl sples. Aga,he assuti iha s sta qu projeionut y contng t diver t sam seices youreoday,nd th cost o thoeliv a e rueo suprthose rves a justroje foar. Is tre a inputn e mhere yant ug iowpe and and nipu tt rurn o a analasisndtee if ke streh sef goo fort I theextea I, iteturns.5. Mn w grt queion mn the, the Calr s actrialh h ayophistat model, u on we d notemo, we are n actuaes umh some peop havri uh,hey d a dtob andheyan me me proctiobo whatfs Iner of fca retur. H doesav a t ttou c askhe, uh andy hav a to onl, u,hate ve utiled tay wha if ty hythetlyetn uhhis ye orhe nex yrh vaouseturspts, um and you c loo attnd g a, a difrent pjectio aut yo a so ihere is mehasis for makin a asmption abouthe might errformnd hel dve d th u so tt youon hav to cer thatithrension resee.E cod that a pu tha in,m,,ut I s limiteer oft capa I tmsf mimki extly h Caloe it,m, t you can ao a CalRSo mo ctainssptions and they ll g youheir ect molutputha s t wd ca rht? I mea,our assumpon are aumin ey itng tir.8% rern,nd the s,re s ther noooda out tre fors t aue withem t sa bet arojeg yrikelihd oetns is.Hat bng sd tre are op wld prer tak asmption aboow retur, t if tt s tas the thris aignint u, unediabili tt you re expectgh thatou the needo pn fhi uhan ok ptt fearse o I startsorow.Eah jt nt toointt out the sints tthat alw a wildard ttike on a montyasis w tryin t ge updatreou gonit th 6.8%etn becse w th d t wee t fd at g and tt cou n t con I, and,ndt n poppnd itanoown righ? Orpforman is exct, um uhoffset Th the uerpemae tt haens b whentccurs is a timg I tt noby s aood hdle Wn you askalpe wl, aet e nor nownd shod w expe becau y h a gati 6.2 tte re gon seeigficantffsef t wi overpform ihe ne 3ea, 4 yrs, uh I ithah of we s a th, we don t k.Utver yrs yeah we tnk be.8. Nerypf wn onside the fancial pa tha you reid tn on a alasistays, y, we uerperfmed,ouow veralilliollarse ch yea uilhe ovrfmanceom. O, the. Let goithouple keays,m, tt, thae observ, u tked whavid ou this sd shoul I d this h sai,hy not?H, vehemrive tm y seef it um Andhe mealidatnf thih bu you mav alrea see thatsell. Yr revue versit. Vy this a gre caust s there reng and oornities f yo,,ood t diverty u, compivy to oer mmunitstrgaxase, utill he lal use sale taxacyhouldou ed th tol ohat um,r,s we s I the baseli dri. Revue are precd toro faste t expeesthisnt, thgh notvethingou m wantoddresss ihe. But vidat o this I y rent 20atin o your021 POBs.H ty did ratinh gre of tt, um uhtih ted yr c a inhe 7d peenle itsnoc rformae.T a vy strg compont ofhe underin rati,m, s aood vadationfhat renue streng, u, ierf yr x bas,eberviceow, u yo got s eiring, uh de servi tt sh inhat recast Wen t. Honen o that pnt helps youutnd ge intoha infleionoint inour o y o you forest, b tsereor leeinancis, priri tiedquip a falities, s I not t confthat tse cessyome out of t focasthe are n but yoveotomeecisioo ke ovellbout citnd uient,,eedsnd h to best approh tse. U but lo curre debttrg p, ts ihe mrm, u, o mid-ng for lg-te liabit. Pmarilyue the e, tar pob but tt was a pdent, u,easuren yourartesves, orall, ry son, uh aignifint ntribuon to yr ring with Fch ahioint theyre 37%f yr basin penses thas a stron uh reserv rio,,o expse tiom Tohatnt viousl whene see tt,h, selineorastip int theesves a t botto of that,ouere t iut meere cse t a 20%h verageh rat ver yr atg expens Um s methin tha could aect your ality to, mntain ar ring sul y dec th w don teed t add at ande jte ll j us rerveso cs rough, um it ps you I a re difcultitn shod ueed tccs thearts. If w u our rerve rry u tough o, o uh reserv ratouldip dn to 20 Yea, I the basele recast rht? S you c that I hf,,hewo mple assptiohaes we de,r snarios young that up it bay mewher near0% uh,ith that o.Ouple tm alleng aoncere th w wan t idey,h, d o t worke ve don t date Uh t annlperati fits andundan, at s jt tli ofr rv, um addin those isnmporta aspec oh theear tm to m-term operingics, lki for h do y howo fe tt? Ho y cov th How dou adjtour exnses uh,o to dlith . W a the rtities,m, phaps, u, u know,heuefhe ansfer o uhha you nt to mend hav been maki tor eipmentund, your citalroment fd Uh, arehereer oprtunso lk toprd thoseosts. Don ohem a Pa uhay acces the et, you veotood cdit ting,hat aornity, uh, seitieik tha, rities d t u, but addrsingseperati decits t near tm in iman u cllenge. Psi manant we tkebout thaton t dll on t.H, tt inmportap n oortuni asel as haenge f y You veot eensioneser.T sha seen u for. Puthat money tor for y,elp I imove yriscal olooks so thaou canaint the city s fltrengt. A theninly the las one t cile,t s aos on yby s,h, lorosts uh,ou ve don gatobs a c hisrica whow bor cts,h, u,e veeen in oth cmuniti whe that ot b t case. Ve hadea challges, u, so y ve mntaine t diipne,aintng that scline u, iserhapsou sing gatest plar o stngth uhndpportuty uh,ouohrgh and coinue bause oe yet os uhrees innou, ty, the theyever