HomeMy WebLinkAbout10/03/1994 BAKERSFIELD
~ A/~lar)~ndy, City ~na~'r Kevin McDermott, Chair
Staff: Gail E. Waiters Patricia J. DeMond
Randy Rowles
AGENDA SUMMARY REPORT
BUDGET AND FINANCE COMMITTEE
Monday, October 3, 1994
12:15 p.m.
City Manager's Conference Room
1. ROLL CALL
Call to Order 12:25 p.m.
Present: Vice Mayor Kevin McDermott, Chair; and Councilmember
Patricia J. DeMond; Councilmember Randy Rowles arriving
at.l:10 p.m.
2. APPROVAL OF SEPTEMBER 12, 1994 MINUTES
Approved as submitted.
3. PRESENTATIONS
None
4. PUBLIC STATEMENTS
Kern County Athletic Association made a presentation asking the City to use
funds to expand a field for soccer and rugby at Beach Park. The Association will
donate 10 trees, and lights will need to be installed. This item will be brought
before Council at its October 12 meeting.
APPROVED NOVEMBER 14, 1994
[ LE COPY
AGENDA SUMMARY REPORT
BUDGET AND FINANCE COMMITTEE
Monday, October 3, 1994
Page -2-
5. NEW BUSINESS
A. KERN ECONOMIC DEVELOPMENT CORPORATION FUNDING
The Kern Economic Development Corporation made a presentation to the
Committee seeking support for renewal of their agreement with the City. The new
contract covers the period beginning July 1, 1994 through June 30, 1997. KEDC
highlighted several contract changes: Implement a new public sector funding
policy, requiring increased financial support for all incorporated cities in Kern
County; Increased information sharing; Quarterly progress reports to the City
Council; Retention and expansion projects within the City limits will be referred to
the City's Economic and Community Development Department; and Increased
funding from the City of Bakersfield. The Committee complimented KEDC on their
emphasis '~vorking as a team" -- recognizing the 70/30 ratio of community
support; and recommended the contract be forwarded to Council for approval.
B. LOCAL BID ADVANTAGE
Staff outlined the particular scenarios and their related impacts and benefits for
establishing a local preference provision within the City's procurement bid
procedures. The Committee felt it was important to establish a process that could
be built upon over time by assessing the ongoing needs of the business
community. Staff will develop a resolution that would enable a one perCent sales
tax preference on materials and supplies for local busineSses. The Committee
asked that a Budget and Finance Committee report be prepared for the Council
agenda and that staff come back within a year to review the number of contracts
let, the dollars involved, etc. At a later date it may be feasible to consider looking
into a Charter change.
C. CITY COUNCIL TRAVEL AND EXPENSES
The Committee asked staff to continue to review Council comments. (This item
was inadvertently placed as New Business instead of Deferred. Business.)
6. DEFERRED BUSINESS
A. COMPUTER PURCHASE
Staff gave the Committee an overview of the selection and purchase of the
computer hardware and software replacement. Because of various factors that
are no longer applicable, an additional appropriation to complete the purchase
will be requested. A workshop on this item will be given to the full Council on
October 12, 1994.
AGENDA SUMMARY FI~I~ORT
BUDGET AND FINANCE COMMITTEE
Monday, October 3, 1994
Page -3-
B. UPDATE ON FINANCIAL TRENDS
Staff reported that the City continues to see some positive trends in revenues.
Our beginning balance is higher and expenditures for 1993/94 came in less than
estimated. Staff will keep the Committee posted on new developments.
7. ADJOURNMENT
The meeting was adjourned at 2:25 p.m.
cc: Honorable Mayor and City Council
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