>> GOOD MORNING, LADIES AND GENTLEMEN AND WELCOME TO OUR MAY 23RD, 10 AM WORKSHOP.
[Call to Order]
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HOPE EVERYBODY HAS HAD A GREAT COUPLE OF WEEKS.CITY CLERK, WILL YOU PLEASE CALL THE ROLL.
>> THANK YOU, MAYOR. GOOD MORNING. MAYOR GOMEZ.
>> PLEASE TAKE NOTE THAT COMMISSIONER BOLTON HAS ALSO JUST WALKED INTO CHAMBERS WITH COMMISSIONER PLACKO AND PLEASE REMAIN STANDING COMMISSIONERS AND EVERYBODY IN THE AUDIENCE, AS COMMISSIONER PLACKO LEADS US IN THE PLEDGE OF ALLEGIANCE.
>> THANK YOU. NOW, WE WILL GO TO OUR FIRST ITEM ON THE AGENDA,
[1.a FY2021 Annual Comprehensive Financial Report Presentation by Christine Cajuste, Financial Services Director and Anil Harris of RSM US ]
FY2021 ANNUAL COMPREHENSIVE FINANCIAL REPORT.WE WILL HAVE A PRESENTATION BY CHRISTINE CAJUSTE, OUR FINANCIAL SERVICES DIRECTOR AND NEIL HARRIS OF RSM US. WELCOME.
>> GOOD MORNING, MAYOR. GOOD MORNING MEMBERS OF THE COMMISSION, CHRISTINE CAJUSTE, DIRECTOR OF FINANCIAL SERVICES.
WITH ME THIS MORNING IS ADAM HARRIS, AUDIT SENIOR MANAGER AT RSM AND BRETT FRIEDMAN, A PARTNER AT RSM, OUR INDEPENDENT AUDITORS.
BEFORE YOU IS THE ANNUAL COMPREHENSIVE FINANCIAL REPORT.
IT'S REFERRED TO NOW, AS THE ACFR, I WILL REFER TO IT AS THE FINANCIAL STATEMENTS.
DUE TO CIRCUMSTANCES BEYOND OUR CONTROL, WE'RE NORMALLY WITH YOU AT THE END OF MARCH, WE USUALLY COMPLETE IN MID-MARCH, BUT UNFORTUNATELY WAS A LITTLE LATER THIS YEAR, BUT HERE WE ARE.
THE FINANCIAL STATEMENTS ARE REQUIRED BY FLORIDA STATUTE.
FLORIDA STATUTE 218.39, WHICH REQUIRES THAT THE FINANCIAL STATEMENTS BE COMPLETED AND SENT TO THE STATE NO LONGER THAN NINE MONTHS AFTER OUR YEAR-END, WHICH IS SEPTEMBER 30TH.
THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD, WHICH IS OUR GAP, DETERMINES THE RULES FOR WHAT'S INCLUDED IN THE REPORT.
REPORT HAS AN INTRODUCTORY SECTION.
IN THE INTRODUCTORY SECTION, THERE'S A LETTER OF TRANSMITTAL THAT'S ADDRESSED TO THE COMMISSION AND PROVIDES READERS WITH A GENERAL OVERVIEW OF THE CITY.
IT ALSO HAS OUR JIFF AWAY CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE AND FINANCIAL REPORTING.
THIS IS THE 33RD YEAR, OUR FY20 FINANCIAL STATEMENT WAS THE 33RD CONSECUTIVE YEAR THAT WE HAVE RECEIVED THAT REPORT.
THEN THERE IS THE FINANCIAL SECTION.
IN THE FINANCIAL SECTION, THE FIRST THING IN THE FINANCIAL SECTION IS OUR MD&A, MANAGEMENT AND DISCUSSION ANALYSIS, IT GIVES US AN OVERVIEW OF THE ENTIRE FINANCIAL STATEMENT.
THERE'S ALSO THE AUDIT OPINION WHICH IS PROVIDED BY OUR INDEPENDENT AUDITORS, OUR SMLLP, WHICH THEY PROVIDED AN UNMODIFIED OPINION.
HOWEVER, THEY WILL SPEAK MORE TO THAT PARTICULAR REPORT.
IN THERE, WE HAVE OUR GOVERNMENT-WIDE FINANCIAL STATEMENTS, WHICH IS AN ACCRUAL BASIS OF ACCOUNTING.
WE HAVE OUR FUND FINANCIAL STATEMENTS, WHICH IS A MODIFIED ACCRUAL STATEMENT OF OUR ACCOUNTING AND WE HAVE OUR NOTES OF THE FINANCIAL STATEMENT.
THERE IS ALSO THE STATISTICAL SECTION THAT GIVES US MORE DEMOGRAPHIC AND OTHER FACTORS THAT'S AFFECTING THE CITY.
NORMALLY, WE WOULD HAVE A COMPLIANCE SECTION, IT'S NOT INCLUDED THIS YEAR, IT'S A LITTLE BIT LATER AND THAT WILL BE PROVIDED TO YOU LATER ON UNDER A SEPARATE COVER.
AS I MENTIONED BEFORE, WE HAVE AN UNMODIFIED OPINION.
THE FINANCIAL STATEMENT FOCUSES ON THREE THINGS, OUR NEAR-TERM FINANCING, OUR FINANCIAL POSITION, AND OUR ECONOMIC POSITION.
IT GIVES A MOSTLY HISTORICAL LOOK ON WHAT HAPPENED IN OUR TRANSACTION IN FISCAL YEAR 2021 WITH THESE THREE MAIN FOCUS.
THE NEAR-TERM FINANCING TALKS ABOUT HAVING SUFFICIENT RESOURCES AVAILABLE TO PAY OUR BILLS AND THE NAME NEAR-TERM, GENERALLY ONE YEAR OR LESS AND OUR FINANCIAL POSITION, AKA OUR FINANCIAL CONDITION, TALKS ABOUT THE STATUS OF OUR ASSETS, LIABILITIES, FUND BALANCE, AND THEIR INTERRELATIONSHIP OF THE CITY AS REFLECTED IN THE FINANCIAL STATEMENTS.
OUR ECONOMIC POSITION OR ECONOMIC CONDITION TALKS ABOUT THE NUMBER OF FACTORS THAT IMPACT OUR FINANCES, SUCH AS THE VALUATION OF PROPERTY OR ADEQUACY OF USER FEES,
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POPULATION, UNEMPLOYMENT, AND OTHER FACTORS.AS I MOVE ON TO TALK ABOUT THE NEAR-TERM FINANCING IN MORE SPECIFIC TERMS, WE SEE THAT THE GENERAL FUND INCREASED BY 13.1 MILLION IN FISCAL YEAR 2021.
THAT WAS A BIG JUMP. WHAT CAUSED THAT? ONE, WE HAD SOME INCREASES IN SOME REVENUE SOURCES.
OUR HALVES AND SALE STOCKS AND OUR REVENUE SHARING CAME IN A LITTLE HIGHER THAN EXPECTED.
IT'S NOT BACK TO PRE-PANDEMIC LEVEL, BUT IT WAS CERTAINLY HIGHER THAN WHAT WE HAD BUDGETED FOR FISCAL YEAR 2021.
WE HAD AN INJECTION OF CASH FROM THE AQUA FUNDING, WHICH WAS 5.4 MILLION THAT WE RECEIVED FROM THAT PARTICULAR LEGISLATION.
WE ALSO RECEIVED $2.3 MILLION IN FUNDING FROM BROWARD COUNTY.
WE ALSO GOT A MILLION DOLLARS FROM THE 2017 HURRICANE IRMA AS WELL AS A FEW OTHER BRAND SOURCES IN OUR SPECIAL REVENUE FUND THAT ADDED TO THE BOTTOM LINE.
ON THE EXPENDITURE SIDE, WE CAME IN AT 83.4 PERCENT LOWER THAN OUR FINAL BUDGET.
USUALLY, WE'RE AT 95 PERCENT, HOWEVER, DUE TO COVID-19, THERE'S MANY THINGS THAT WE DID TO CUT EXPENDITURE.
ONE, WE DIDN'T BUDGET AS MUCH AS WE DID PRIOR BECAUSE WE DIDN'T KNOW WHERE COVID-19 WAS GOING TO TAKE US, SO THERE WERE QUITE A FEW THINGS THAT WE DEFERRED.
WE DEFERRED CAPITAL MAINTENANCE SUCH AS REPLACING ROOFS, REPLACING AC UNITS, REPLACING CARS, AND WE DEFERRED MANY OF OUR MAJOR CAPITAL PROJECTS.
A TRANSFER FROM GENERAL FUND WASN'T REQUIRED TO THE CAPITAL PROJECTS FUND IN ORDER TO CARRY OUT THOSE FUNCTIONS.
WE ALSO CUT BACK ON SOME OF OUR SERVICES.
CERTAINLY, WE HAD A LOT LESS EVENTS.
WE CUT BACK ON SUPPLIES, ANYTHING WE COULD BECAUSE WE WERE TRYING TO STAY WITHIN BUDGET, WE CUT BACK ON TRAVEL, WE DIDN'T KNOW WHERE COVID-19 WAS GOING TO TAKE US.
BUT THE GOVERNMENTAL FUND AS A WHOLE, WHICH INCLUDES THE GENERAL FUND, OUR NET INCREASE IN FUND BALANCE WAS 21.6 MILLION AND THOSE FACTORS THAT I MENTIONED ALL CAME INTO PLACE.
BUT THE ENTERPRISE FUND, OUR NET INCREASE IN NET POSITION WAS NINE MILLION AND IT WAS DUE TO A NUMBER OF FACTORS, MANY OF THE SAME FACTORS SURROUNDING COVID-19.
OUR REVENUE FOR WATER AND WASTEWATER FUND ACTUALLY DIDN'T INCREASE, IT ACTUALLY DECREASED BECAUSE WE HAD NO INCREASES IN RATES.
OUR STORMWATER FUND, HAD A MODEST INCREASE OF ABOUT 325,000 AND THE MAJOR PART OF THE INCREASE BECAUSE IT WAS NINE MILLION IN 2021, COMPARED TO ABOUT SEVEN MILLION IN 2020, BUT ONE OF THE MAJOR FACTORS WAS AN INCREASE IN THE COLONY WEST GOLF COURSE REVENUE AS COMPARED TO PRIOR YEAR AND THAT WAS MAINLY DUE TO THE REOPENING AND WE SAW THE COLONY WEST GOLF COURSE FUND ACTUALLY MAKING A PROFIT THIS YEAR.
AS FAR AS THE FINANCIAL POSITION, IT'S CERTAINLY A RESULT OF OUR OPERATION, AS I MENTIONED BEFORE.
OUR NET POSITION INCREASED OVERALL BY 385.7 MILLION.
THE GOVERNMENTAL ACTIVITIES IN THAT POSITION AMOUNTED TO 228-28.8 MILLION, WHILE THE BUSINESS TYPE WAS 156.9 MILLION.
OUR GOVERNMENT WIDE FINANCIAL POSITION, OUR NET POSITION, INCREASED BY 44.8 MILLION FOR FISCAL YEAR 2021.
MOVING ON, HERE'S A LIST OF GASB PRONOUNCEMENT THAT WAS IMPLEMENTED IN FISCAL YEAR 2021.
MUCH OF THESE, EVEN THOUGH THEY WERE IMPLEMENTED, HAD LITTLE OR NO EFFECT ON THE FINANCIAL STATEMENT.
I WOULD SAY THE MAJOR ONE IS GASB NUMBER 98.
WE'RE USED TO REFERRING TO THE FINANCIAL STATEMENT AS CAFR NOW, BY GASB RULE, WE HAVE TO REFER TO IT AS THE ANNUAL COMPREHENSIVE FINANCIAL REPORT, WHICH IS THE ACFR.
MOVING ON, TALKING A LITTLE BIT MORE OF THE FINANCIAL CONDITION, FOR FISCAL YEAR 2021, I CAN STATE THAT THE CITY HAS A GOOD FINANCIAL POSITION.
WE HAVE A FAVORABLE CASH POSITION,
[00:10:01]
WE STILL HAVE A STRONG FINANCIAL PROFILE, WE HAD AFFIRMATION, I THINK FROM ALL THREE, FROM S&P, FROM MOODY'S, AND FITCH.WE HAVE A STABLE LOW DEBT TO COST RATING, WE HAVE STABLE EXPENDITURES IN PROPORTION TO POPULATION.
ON THE FINANCIAL CONDITION, I'LL TALK ABOUT THE BOND RATING AGAIN, AAA FROM FITCH FOR OUR CAPITAL IMPROVEMENT BOND AND AA-, AA RATING.
I REALLY WANT TO HAVE AAA, SO I THINK THAT'S A FORWARD ON SLIP, BUT IT'S A AA RATING FROM S&P FOR THE CAPITAL IMPROVEMENT BOND AND A AA- FROM FITCH RATING.
OUR PROPERTY TAX VALUES HAVE HAD MODERATE RISES.
WE HAD A 7 PERCENT, I THINK, FROM MEMORY IN PRIOR YEAR.
OUR EXPENDITURE TRENDS CONTINUE.
INFLATION WILL CONTINUE TO AFFECT OUR EXPENDITURE AS THOSE RISE AND OUR SUPPLY CHAIN DELAY WILL ALSO AFFECT HOW OUR CAPITAL PROJECTS ARE VALUED BECAUSE THE COSTS CERTAINLY ARE RISING BECAUSE OF THOSE FACTORS.
IN CONCLUSION, I WANT TO SAY THAT OUR NEAR-TERM FINANCING IS GOOD.
THE CITY CONTINUES TO BE ABLE TO MEET ALL ITS ONGOING OBLIGATION.
OUR FINANCIAL POSITION AS OF SEPTEMBER 2021 IS GOOD.
OUR OVERALL ECONOMIC CONDITION APPEARS STABLE FOR THE NEAR FUTURE.
BEFORE I HAND OVER, I WANT TO END BY SAYING THANK YOU TO THE ACCOUNTING STAFF THAT DID ALL OF THE WORK.
THEY DID ALL THIS TASK OF PUTTING THIS FINANCIAL STATEMENT TOGETHER, PUTTING THIS BOOK TOGETHER, PROVIDING ALL THE SCHEDULES AND INFORMATION THAT THE AUDITORS NEEDED FOR TESTING IN ORDER FOR THEM TO BE ABLE TO MAKE THEIR OPINIONS.
I WANTED TO PUBLICLY RECOGNIZE THEM FOR THEIR WORK.
AT THIS, I'M GOING TO TURN OVER TO THE AUDITORS WHO'S GOING TO TALK TO YOU ABOUT THAT OTHER REPORT, WHICH WAS THE REPORT TO THOSE CHARGE OR GOVERNANCE [NOISE] [BACKGROUND].
>> GOOD MORNING MAYOR AND COMMISSIONERS. THANK YOU CHRISTINE.
CHRISTINE WENT OVER THE ACTUAL FINANCIAL STATEMENTS, SO WE'LL BE COVERING THE RESULTS OF THE AUDIT WHICH IS INCLUDED IN THE BOOKLET WITH THE BLUE LINE IN THE FRONT.
THIS BOOKLET HAS ALL THE REQUIRED COMMUNICATIONS.
WE AS AUDITORS IN OUR ROLE AS INDEPENDENT AUDITORS ARE REQUIRED TO COMMUNICATE TO YOU AND YOUR ROLE AS GOVERNANCE OVER THE CITY.
BEGINNING ON PAGE 1, THE FIRST TIME TO BRING TO YOUR ATTENTION IS THAT WE PERFORM THE AUDIT IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS, AND ISSUED AN UNMODIFIED OPINION ON THE FINANCIAL STATEMENTS.
BASICALLY WHAT THAT MEANS, IT'S A CLEAN OPINION.
IF YOU LOOK AT PAGE 1 OF THE FINANCIAL STATEMENT BOOKLET, THAT'S THE ONLY DARK PAGES IN THIS DOCUMENT THAT REALLY BELONGS TO US AS THE AUDITORS, AND IT'S A CLEAN OPINION LIKE I SAID.
THE REST OF IT WAS PUT TOGETHER BY MANAGEMENT.
WE AS AUDITORS OBVIOUSLY AUDIT THE NUMBERS AND THE DISCLOSURES IN THERE FOR REASONABLENESS AND IN ALL INSTANCES FIND NO EXCEPTIONS.
MOVING DOWN, CHRISTINE TOUCHED ON THIS.
THE CITY ADOPTED A NUMBER OF STANDARDS.
THE ONE WITH THE BIGGEST IMPACT WAS GASBUDDY 4 WHICH RESULTED IN A RESTATEMENT OF THE FINANCIAL STATEMENTS.
HOWEVER, THE RESTATEMENT IS NOT REALLY INDICATIVE OF A DEFICIENCY.
REALLY THE ACCOUNTING STANDARDS REQUIRED THAT THE RESTATEMENT BE RESTATED TO ADOPT THAT STANDARD.
IF YOU LOOK AT MOSTLY IN NEIGHBORING CITIES, YOU WILL SEE SIMILAR TYPE OF ACCOUNTING WHICH IS JUST REQUIRED BY THE STANDARD.
MOVING DOWN, THERE WERE NO SIGNIFICANT UNUSUAL TRANSACTIONS TO BRING TO YOUR ATTENTION RELATED TO THE FINANCIAL STATEMENTS IN PARTICULAR HAD THERE BEEN ANY, THOSE WOULD BE LISTED HERE.
MOVING ON TO PAGE 2, THERE WERE NO AUDIT ADJUSTMENTS DURING THE AUDIT PROCESS.
THAT'S IMPORTANT BECAUSE IT ALLOWS YOU AS IN CHARGE OF GOVERNANCE TO RELY ON THE INTERIM INFORMATION THAT'S BEING PROVIDED BY MANAGEMENT.
HAD WE COMPLETED THE AUDIT AND HAD A NUMBER OF ADJUSTMENTS THEN THAT WOULD GIVE YOU A PAUSE IN REGARDS TO WHETHER THE INFORMATION YOU GET DURING THE YEAR IS RELIABLE, BUT AS INDICATED THERE WERE NO AUDIT ADJUSTMENTS DURING THE YEAR.
THERE WERE A NUMBER OF UNCORRECTED MISSTATEMENTS.
THESE RELATE TO THE PRIOR YEAR'S AUDITS, DIDN'T REALLY OCCUR THIS YEAR, BUT IN A PRIOR YEARS.
BUT THOSE ADJUSTMENTS WERE EVALUATED PREVIOUSLY AND DETERMINED TO BE IMMATERIAL, SO NOT REALLY SOMETHING OF SIGNIFICANCE HERE.
MOVING DOWN, I DID MENTION THE RESTATEMENT OF THE FINANCIAL STATEMENTS AND THE TWO ITEMS WHERE IT SAYS DEPARTURE FROM THE AUDITORS STANDARD REPORT HIGHLIGHTS WHAT THAT STATEMENT RELATES TO, BUT AGAIN THAT WAS JUST REQUIRED BY THE AUDITING STANDARDS.
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MOVING DOWN ON PAGE 2, WE HAD NO DISAGREEMENTS WITH MANAGEMENT.AGAIN, WE HAD ACCESS TO ALL RECORDS, ALL INFORMATION IN A TIMELY MANNER, HAD ACCESS TO ALL EMPLOYEES WITHIN THE CITY, AND OBVIOUSLY INTERVIEWED A LOT OF INDIVIDUALS WITHIN THE CITY OUTSIDE OF FINANCE DURING THE AUDIT PROCESS AND HAD NO IMPEDIMENTS THERE.
WE ARE NOT AWARE THAT MANAGEMENT CONSULTANT WITH OTHER ACCOUNTANTS IN REGARDS TO THE AUDIT.
HAD THEY DONE THAT, WE WOULD HAVE BROUGHT THAT TO YOUR ATTENTION.
BEGINNING ON PAGE 3, THERE WERE A NUMBER OF SIGNIFICANT ISSUES DISCUSSED WITH MANAGEMENT IN REGARDS TO THE AUDIT.
THE FIRST ONE RELATES TO THE ARREST OF THE FORMER CITY MANAGER.
THAT WAS DISCUSSED WITH MANAGEMENT AND EVALUATED BY US DURING OUR AUDIT.
WE DID EXTEND OUR AUDIT PROCEDURES TO DO CERTAIN ADDITIONAL TESTING THAT WE NORMALLY WOULD NOT DO AS IT RELATES TO THAT.
BUT ALL PROCEDURES PERFORMED RESULTED IN NO EXCEPTIONS OR ANYTHING THAT WE NEED TO BRING TO YOUR ATTENTION.
WE DIDN'T IDENTIFY ANYTHING WE CONSIDER AN UNUSUAL AS IT RELATES TO THE CITY'S FINANCIAL STATEMENTS AND THE RECORDS RELATED TO THAT MATTER.
THE SECOND BULLET IN REGARDS TO THE FORMER CITY MANAGER, THERE WERE ALSO CONCERNS RAISED ABOUT THE COLONY WEST PROJECT, BOTH IN HOW THE PROJECT WAS PROCURED AND THE TOTAL COST RELATED TO THOSE PROJECTS.
WE IN OUR ROLE LOOKED AT THE PROCUREMENT PROCESS.
WE ALSO LOOKED AT THE ACTUAL COSTS INCURRED AND THE CONTROLS AROUND HOW COSTS AND INVOICES WERE BEING IMPROVED IN THAT PROCESS.
AGAIN, WE FOUND NO EXCEPTIONS RELATED TO OUR TESTING.
HAD THERE BEEN SOMETHING, WE WOULD HAVE REPORTED IT.
OBVIOUSLY, WE CAN'T GIVE 100 PERCENT ASSURANCE, BUT BASED ON THE TESTING WE PERFORM, ANY THE INFORMATION WE GATHERED AND THE INDIVIDUALS WE INTERVIEWED DURING THE PROCESS, WE HAD NO EXCEPTIONS OR NOTHING TO REPORT IN OUR REPORT.
THE THIRD BULLET RELATES TO THE CITY IN CONNECTION WITH THE TERMINATION OF THE FORMER CITY MANAGER THAT ENGAGES TO PERFORM A SEPARATE ENGAGEMENT.
THAT ENGAGEMENT RESULTED IN US LOOKING AT MR. CERNECH EXPENSE REPORTS FOR THE PERIOD FROM 2016-2021, AS WELL AS THE PAYMENTS OF SALARY AND REIMBURSEMENTS OF TRAVEL EXPENSES.
WE TESTED A SAMPLE OF THOSE ITEMS. AGAIN, WE FOUND NO EXCEPTIONS.
ALL TRANSACTIONS TEST WERE SUPPORTED, HIS COMPENSATION WAS IN ACCORDANCE WITH HIS EMPLOYMENT CONTRACT FOR THAT PERIOD.
THE LAST ITEM RELATED TO THE CITY'S PENSION PLANS.
OUR ACTUARIES REVIEWED THOSE PENSION PLANS AND AS PART OF THAT REVIEW, WE RECOMMENDED AND THE PLAN ADJUSTED THE LONG-TERM RATE OF RETURN OR THE DISCOUNT RATE THAT BASICALLY DETERMINES HOW THE NET PENSION, ASSET OR LIABILITIES ARE ESTIMATED.
BUT AGAIN, THAT'S NOT CONSIDERED AN EXCEPTION, MORE A RECOMMENDATION AND MANAGEMENT COMPLIED BY REDUCING THE DISCOUNT RATES WHICH IS BASICALLY LOOKING AT THE LONG-TERM MARKET RETURNS AND BASED ON THAT REVIEW, WE DETERMINED THAT THE RATES PREVIOUSLY WERE HIGHER THAN WOULD BE EXPECTED GOING FORWARD.
OBVIOUSLY, THE MARKET IS CHANGING OVER TIME AND AS THOSE CHANGES OCCUR, THE RATES ARE ADJUSTED.
MOVING DOWN, WE HAVE NO SIGNIFICANT DIFFICULTIES IN PERFORMING THE AUDIT.
LIKE I SAID PREVIOUSLY, WE HAD ACCESS TO ALL RECORDS AND DATA IN A TIMELY MANNER.
THERE WERE NO DIFFICULT OR CONTENTIOUS MATTERS THAT REQUIRED CONSULTATION ON OUR PART.
FOR THE MOST PART, OTHER THAN THE ITEMS DISCUSSED PREVIOUSLY, THERE WERE NO OTHER MATTERS THAT WE CONSIDERED SIGNIFICANT OR UNUSUAL.
WE WILL BE ISSUING THREE OTHER REPORTS.
ONE AN INTERNAL CONTROL OVER FINANCIAL REPORTING.
I'LL REPORT ON THE SINGLE AUDIT OR THE REPORT AND THE GRANTS EXPENDED BY THE CITY AS WELL AS THE MANAGEMENT LETTER.
FOR ALL THOSE REPORTS WE HAD NO EXCEPTIONS.
THOSE REPORTS WILL BE FINALIZED WITHIN THE NEXT WEEK OR SO.
AGAIN, NOTHING TO HIGHLIGHT THERE.
THE LAST ITEM ON PAGES FOUR THROUGH SIX ARE WHAT WE CONSIDER SIGNIFICANT ESTIMATES.
IN CONNECTION WITH THE AUDITOR NUMBER OF ITEMS THAT REQUIRE SIGNIFICANT ESTIMATES AND BY MANAGEMENT AND THOSE REQUIRE MANAGEMENT JUDGMENT.
THESE INCLUDE THE ACCOUNTING FOR THE SELF-INSURANCE LIABILITIES, ACCOUNTING FOR THE NET PENSION LIABILITIES AND RELATED AMOUNTS, AS WELL AS ACCOUNTING FOR POST EMPLOYMENT BENEFITS.
THOSE ARE DETERMINED BY THE CITY'S ACTUARIES.
WE HAVE OUR INDEPENDENT ACTUARIES REVIEW THOSE ASSUMPTIONS, THOSE ACTUAL REPORTS, THE ASSUMPTIONS METHOD AND IN ALL INSTANCES DETERMINED THOSE ESTIMATES ARE REASONABLE AND PROBABLY SUPPORTED.
THE LAST ITEM IS VALUATION OF INVESTMENTS.
WE CONFIRM THE CITY'S INVESTMENTS.
BUT IN OUR INDEPENDENT ROLE, WE ALSO TEST THE GET FAIR MARKET VALUE DATA AND TEST THOSE INVESTMENTS AS WELL TO ENSURE THAT THEY'RE REASONABLY STATED AND IN ALL INSTANCES, WE DETERMINE ALL BALANCES WERE PROPERLY STATED.
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THE FINAL ITEM INCLUDED IN THIS REPORT IS THE REPRESENTATION LETTER.MANAGEMENT IN REGARDS TO THE AUTOMATE CERTAIN REPRESENTATIONS TO US, THOSE ARE LISTED IN THIS LETTER.
I'M NOT GOING TO REVIEW THEM IN DETAIL, BUT WE RELY ON THESE REPRESENTATIONS AND COMPLETING THE AUDIT.
BUT I WOULD SAY THERE'S NOTHING UNUSUAL IN THIS LETTER OTHER THAN THE MATTER RELATED TO THE CITY MANAGER WHICH WE PREVIOUSLY DISCUSSED, WHICH MANAGEMENT MADE CERTAIN REPRESENTATIONS IN THERE THAT WE HAD ALL ACCESS TO RECORDS AND DATA DURING THE AUDIT.
THERE WERE NO IMPEDIMENTS TO ANY EMPLOYEES IN PROVIDING THAT DATA.
WITH THAT I WILL TAKE ANY QUESTIONS YOU GUYS HAVE.
>> THANK YOU VERY MUCH. APPRECIATE YOUR HARD WORK FROM YOUR TEAM AND ALSO FROM OUR CITY TEAM ON THE FINANCIAL DEPARTMENT, SO THANK YOU.
I SEE COMMISSIONER VILLALOBOS, AND THEN COMMISSIONER PLACKO.
>> THANK YOU FOR YOUR TIME AND FOR THE REPORT.
>> AS IT RELATES TO LET'S SAY THE CITY MANAGER'S EXPENSE REIMBURSEMENTS AND HIS SALARY, WE WERE ENGAGED NOT TO PERFORM A 100 PERCENT TESTING, BUT WE WOULD SAMPLE THE POPULATION.
FOR THAT PERIOD, LET'S SAY YOU HAD A POPULATION OF REIMBURSEMENTS FOR TRAVEL COSTS.
WE TESTED A SAMPLE OF THOSE, AND BASED ON OUR SAMPLE THAT WE TESTED, THERE WERE NO EXCEPTIONS.
>> OUT OF THOUSAND RECEIPTS, YOU WILL SAMPLE HALF OR A QUARTER OF THEM?
FOR THAT ENGAGEMENT SPECIFICALLY, THERE WERE SPECIFIC A NUMBER OF ITEMS THE CITY WANTED US TO TEST.
I BELIEVE THERE WAS 20 TRANSACTIONS WE WERE REQUIRED TO TEST AS PART OF THAT.
IT'S A LIMITED BASIS TESTING, BUT THE SAMPLE WE TESTED, THEY HAD NO EXCEPTIONS.
>> THANK YOU. COMMISSIONER PLACKO, THEN VICE MAYOR GOMEZ.
>> GOOD MORNING. THANK YOU ALL VERY MUCH.
CAN YOU TELL ME WHAT ARE CURRENT AND PREVIOUS S&P, MOODY, AND FITCH RATINGS ARE AND WERE?
>> [INAUDIBLE]. I KNOW WE HAD NO CHANGE TO OUR MOODY'S, FITCH AND S&P RATINGS.
THEY WERE ALL AFFIRMED BETWEEN 2020 AND 2021.
>> SEVENTEEN OF THE FINANCIAL STATEMENT, YOU CAN SEE THAT FOR OUR GENERAL OBLIGATION BOND, EVEN THOUGH WE HAVE NONE, IT'S CALLED AN UNDERLYING RATING WHERE [INAUDIBLE] LOOK AT OUR, WHAT WE CALL OUR COVENANT BUDGET AND APPROPRIATE, WHICH IS OUR GENERAL FUND STRENGTH.
OUR RATING FOR MOODY'S IS A AA2, OUR RATINGS FOR FITCH IS AA, AND STANDARD & POOR IS AA.
>> WHAT WAS IT PREVIOUSLY, THE SAME?
>> THOSE WERE THE SAME. IT'S BEEN THE SAME FOR ABOUT, I THINK THE LAST FOUR YEARS OR SO.
>> THAT'S SUPER. TELL ME, HAVE WE RECEIVED ALL OF OUR REIMBURSEMENTS FOR DURING COVID FOR SUPPLIES AND WHATEVER WE WERE GETTING REIMBURSEMENTS FOR FROM THE GOVERNMENT?
>> WE HAVE A FEW GRANTS THAT WE WERE ABLE TO ACCESS FOR COVID-19, AND I WOULD SAY UPTO SEPTEMBER 30, 2020, WE WERE ABLE TO GET $2.3 MILLION FROM BROWARD COUNTY, WHICH IS INCLUDED OVER TIME.
IT INCLUDED SUPPLIES, IT INCLUDED IMPROVEMENTS THAT WE MADE TO OUR FACILITIES IN THE WAKE OF COVID-19.
WE STILL HAVE A FEW OTHERS THAT WE HAVEN'T RECEIVED LIKE WE HAD ATTEST INSIDE.
SO WE ARE TRYING TO ACCESS FEMA FOR THAT.
WE HAVE A FEW SMALLER BRANDS, LIKE ONE FROM DOJ THAT I'M DEALING WITH NOW, THAT IS ABOUT 23,000 THAT WE HAVEN'T RECEIVED REIMBURSEMENT FOR.
>> BUT NOTHING REALLY SIGNIFICANT THAT WOULD AFFECT OUR BOTTOM LINE IN A GREAT DEAL?
>> IT APPEARS IT IS DOING WELL AND STANDING ON ITS OWN NOW?
AS TO WHETHER OR NOT IT WILL STAND ON ITS OWN, IT'S A LONG-TERM DETERMINATION.
IT APPEARS THAT IN THE LONG-TERM IT WILL BASED ON THEIR PERFORMANCE RIGHT NOW.
THERE'S STILL A FEW THINGS THAT WE NEED TO DO IN ORDER TO ENSURE THE LONG-TERM SUSTAINABILITY.
SO THERE ARE SOME THINGS THAT WILL BE COMING IN FRONT OF YOU WITH REGARDS TO COLONY WEST THAT WE NEED TO DO TO ENSURE THEIR LONG-TERM SUSTAINABILITY.
>> I'LL SAVE THE REST OF MY QUESTIONS ON THAT FOR THEN.
>> GOOD MORNING. LOOKING AT THE EARLIER SLIDE THAT YOU SHARED, CHRISTINA,
[00:25:09]
WHERE YOU SHOW GENERAL FUND 13.1 MILLION PLUS 21.6 MILLION GOVERNMENT FUND, ENTERPRISE 9.1 MILLION, IS THAT A SURPLUS? WHAT IS THAT?>> IT IS WHAT WE ADDED TO OUR BOTTOM LINE AND IT IS IN FACT A SURPLUS.
THE 21.6 MILLION DOES INCLUDE THE 13.1 MILLION BECAUSE GENERAL FUND IS A GOVERNMENTAL FUND, SO THE 13.1 MILLION IS INCLUDED IN THE 21.6 MILLION.
THE 21.6 MILLION INCLUDES OUR GENERAL FUND, ALL OUR CAPITAL PROJECTS FUND, AND ALL OUR SPECIAL REVENUE FUNDS.
>> I ADDED THE 13, 21 AND NINE TO GET THE 43, BUT THE REAL NUMBER IS 21 PLUS 9 SO WE HAVE A $29.6 MILLION SURPLUS.
>> NO. IF YOU HAVE YOUR FINANCIAL STATEMENT, I WILL REFER YOU TO PAGE 23 WHERE THOSE NUMBERS RESIDE AND IT SHOWS ALL THIS.
>> CAN I PUT THAT ON THE SCREEN FOR ANYONE WHO'S WATCHING?
>> DO WE HAVE THAT? IT SHOULD BE ON OUR PUBLIC WEBSITE, ON TAMARAC.ORG.
ON OUR PUBLIC WEBSITE, HE WANTS THE ACTUAL FINANCIAL STATEMENT.
>> SO WHILE YOU'RE LOOKING AT THAT, YOU ALSO SAY THAT WE ARE 83.4 PERCENT LOWER THAN BUDGETED.
>> NO, THAT'S FOR THE END OF FISCAL YEAR 2021.
>> THAT'S HORIZONTAL OPERATION FOR FISCAL YEAR 2021.
>> JUST USING ROUND NUMBERS TO MAKE IT SIMPLE FOR EVERYONE, LET'S SAY OUR BUDGET WAS 100 MILLION, WE SPENT 83.4 MILLION INSTEAD OF 100 MILLION, IS THAT RIGHT? OR IF YOU CAN GIVE ME THE ACTUAL NUMBERS.
>> ON PAGE 90, IN TERMS OF THE GENERAL FUND, I DON'T HAVE THE FULL NUMBER, WE BUDGETED, I BELIEVE 73 MILLION, AND I PROBABLY NEED TO ADD NUMBERS TOGETHER, WE SPENT 47.2 MILLION ON OPERATIONS AND 15.0 MILLION IN TRANSFERS TO OTHER FUNDS, WHICH LED TO THAT [NOISE] FINAL NUMBER FOR OUR EXPENDITURE.
>> YOU MENTIONED TRAVEL AS WELL.
SO A LOT OF EMPLOYEES AND ELECTED OFFICIALS DID NOT TRAVEL BECAUSE OF COVID-19.
>> HOWEVER, THERE WAS CERTAIN DOLLARS ALLOCATED FOR TRAVEL THAT WERE NOT SPENT. IS THAT CORRECT?
>> IT'S TWOFOLD. ONE, WHEN WE WERE CRAFTING THE BUDGET FOR 2021, WE HAD TO FIND AREAS TO CUT IN ORDER FOR US TO HAVE A BALANCED BUDGET.
SO TRAVEL WAS BUDGETED MUCH LOWER THAN PRIOR.
IN ADDITION TO THAT, WHAT WE DID BUDGET FOR STILL DIDN'T GET UTILIZED BECAUSE OF COVID-19, SO PEOPLE WEREN'T ABLE TO TRAVEL TO SOME OF THE REQUIRED CONFERENCES.
MUCH OF IT WAS DONE ONLINE RATHER THAN GOING OFF BECAUSE THERE ARE CERTAIN INDIVIDUALS WHO HAVE CERTAIN CREDENTIAL
[00:30:04]
THAT'S REQUIRED TO DO WHAT WE CALL [INAUDIBLE] TO MAINTAIN.THE BUDGET WAS LOWERED AND YET STILL THERE WAS LIMITED TRAVEL, SO WE DID NOT EVEN MEET THE BUDGET EVEN THOUGH IT WAS LOWERED.
>> YES. BUT I WOULD SAY THE LION SHARE OF WHY WE HAD LESS EXPENDITURE THAN BUDGET WAS BECAUSE WE DEFERRED MANY OF OUR CAPITAL PROJECTS.
>> THEN BECAUSE OF THE ECONOMY AND BECAUSE OF THE WAR AND BECAUSE OF LIMITED SUPPLY, PERHAPS CAPITAL EXPENDITURES ARE GOING TO BE DELAYED EVEN FURTHER JUST BECAUSE OF GENERAL ECONOMIC CONDITIONS. IS THAT RIGHT?
>> WELL, WE DID PUT MUCH OF THAT BACK FOR THE 2022 BUDGET.
IN 2022, YOU WILL DEFINITELY SEE A DIFFERENT PICTURE WHEN 2022 IS COMPLETE.
YOU'LL SEE A DIFFERENT PICTURE FROM WHAT YOU SEE FOR 2021.
>> CAN YOU EXPOUND ON THAT? WHAT DO YOU MEAN BY DIFFERENT PICTURE?
>> IN THAT SOME OF THE CAPITAL PROJECTS THAT WERE DELAYED IN 2021, LIKE SAY SOME OF THE MOTOR VEHICLE PURCHASES OR EVEN SAY HVAC REPLACEMENT THAT WE DELAYED IN 2021 CAME UP TO BE DONE IN 2022.
SOME OF THOSE ARE BEING DONE CURRENTLY IN 2022.
>> YOU SAID WE HAVE FAVORABLE CASH POSITION.
WHAT IS OUR CASH POSITION TODAY OR AS OF LAST MONTH?
>> WELL, I WOULD SAY, AS OF 2021, WHICH IS SEPTEMBER 3RD, 2021, WHICH I HAVE IN FRONT OF ME RIGHT NOW, OUR CASH AND CASH EQUIVALENT IS 127 MILLION AND OUR INVESTMENT IS 71 MILLION.
>> THE CITY IS SITTING ON $171 MILLION IN CASH AND CASH EQUIVALENTS?
>> I WOULDN'T SAY WE'RE SITTING ON IT.
I SAID THAT THERE THEY ARE NEEDED FOR ONGOING OPERATIONS BECAUSE WE NEED THAT CASH AND CASH EQUIVALENT IN ORDER TO PAY OUR EXPENSES IN THE NEAR TERM AND TO PROVIDE FOR THE LONG TERM.
>> BUT IT'S IN THE BANK AND ON-HAND NOW, IS THAT CORRECT?
WE HAVE SOME IN OUR OPERATING BANK WHICH IS TD BANK.
WE HAVE TWO LIGPS, FLORIDA SAFE, SBA, AND WE HAVE A MANAGED PORTFOLIO THAT CARRIES SOME OF OUR INVESTMENTS, YES.
>> OKAY. I NOTICED IN THIS PRESENTATION, A LOT OF IT WAS FOCUSED ON NEAR-TERM.
I HEARD THE WORD NEAR-TERM USED QUITE FREQUENTLY.
HOW DO YOU DEFINE NEAR-TERM? THEN WHAT ARE THE LONG-TERM AND HOW YOU DEFINE LONG-TERM OUTLOOK?
>> I WOULD SAY THE NEAR-TERM IS BEING ABLE TO MEET OUR IMMEDIATE NEEDS, HAVING ENOUGH RESOURCES TO PAY OUR BILLS, TO PAY OUR STAFF, TO CARRY OUT THOSE NECESSARY FUNCTION WITHIN THE NEXT 12 MONTHS.
ANYTHING AFTER 12 MONTHS ON THE AUDIT TERM, WE REFER TO US AS A LONG-TERM.
IN THE LONG-TERM, WE HAVE TO SAY FOR THOSE BIGGER PROJECT, OUR CAPITAL EXPENDITURES, OUR VEHICLE REPLACEMENT, IF WE NEED TO ROOF.
THOSE THINGS ARE LONG-TERM AND WE USUALLY MAKE SURE THAT WE HAVE SUFFICIENT FUND BALANCE IN ORDER TO TAKE CARE OF THOSE, IF WE HAVE TO MAKE A PURCHASE OF PROPERTY OR ANYTHING LIKE THAT.
WE HAVE SUFFICIENT CASH TO DO THAT.
SOME PROJECTS MIGHT BE LARGER THAN WE CAN USE CASH TO DO.
SOMETIME IN THOSE CIRCUMSTANCES, WE MAY HAVE TO DO A DEBT FINANCING.
HOWEVER, IN ORDER TO DO DEBT FINANCING, WE STILL HAVE TO HAVE A STRONG FINANCIAL POSITION IN ORDER TO BE ABLE TO ACCESS THAT.
>> I THINK I HEARD COMMISSIONER PLACKO ASKED THIS QUESTION, IN TERMS OF OUR DEBT RATINGS, WHAT ARE OUR CURRENT DEBT RATINGS?
>> I REFER TO PAGE 17, WHICH ARE WRITTEN WITH MOODY'S IS A AA2, BIG A, SMALL A2, ITERATING IS AA AND STANDARD & POOR'S IS AA FOR OUR UNDERLYING RATING.
WE HAVE SPECIFIC RATINGS FOR SOME SPECIFIC DEBT.
FOR CAPITAL IMPROVEMENT BOND IS AA3, AA MINUS WITH FITCH, AND AA [INAUDIBLE]
[00:35:04]
>> CAN YOU DEFINE THOSE RATINGS BECAUSE-
>> I DON'T HAVE THAT SPECIFICALLY, BUT I CAN TELL YOU THAT THE HIGHEST RATED IS AAA AND THAT WOULD BE THE HIGHEST AND YOU DON'T FIND THAT TYPICALLY IN GOVERNMENT BECAUSE WE'RE NOT REALLY A PROFIT-MAKING ORGANIZATION, THAT'S NOT WHAT WE SET OUT TO DO, IT WOULD BE A AAA AND I THINK THE LOWEST WOULD BE A BBB.
IN TERMS OF OUR GOVERNMENT, I THINK WE HAVE THE HIGHEST STANDARD FOR A GOVERNMENT.
IT'S REFLECTIVE OF HOW WE CARRIED OUR OPERATION, THE INTERNAL CONTROLS WE HAVE IN PLACE, OUR FISCAL SUSTAINABILITY, OUR FINANCIAL POLICIES.
ALL THOSE THINGS THAT THE WRITTEN AGENCIES LOOK AT WHEN THEY GIVE US THE RATING.
>> IT'S GOOD TO KNOW THAT WE FINISHED 83.4 PERCENT BELOW BUDGET FOR LAST YEAR.
>> I DO NOT HAVE THAT INFORMATION IN FRONT OF ME, BUT I CAN CERTAINLY PROVIDE YOU WITH THAT INFORMATION.
>> THROUGH THE CHAIR, CITY MANAGER, YOU MAY REMEMBER THAT I REQUESTED THAT THE COMMISSION RECEIVE A REPORT EITHER MONTHLY OR QUARTERLY, LETTING US KNOW WHERE WE ARE IN TERMS OF ACTUAL VERSUS BUDGETED.
WHEN CAN WE EXPECT TO RECEIVE THAT?
>> I WILL GET WITH STAFF AND DETERMINE WHEN THAT IS AVAILABLE. CHRISTINE DO YOU HAVE ANY?
>> I CERTAINLY CAN GET YOU THE QUARTERLY REPORT FOR THE MARCH QUARTER.
I WOULD SAY I COULD GET IT TO YOU BY, MONDAY IS A HOLIDAY, BY NEXT TUESDAY.
I'LL HAVE STAFF PREPARE THAT AND PROVIDE IT.
I KNOW YOU SAID THAT EXPENSE REPORTS WERE LOOKED AT BETWEEN THE YEARS 2016 AND 2021 AND YOU TESTED A SAMPLE BUT NOT FULLY.
DID STAFF DIRECTLY TO TEST A SAMPLE AND DID THEY PROVIDE YOU WHAT SAMPLES TO TEST?
>> NO. STAFF PROVIDE THE POPULATION EXPENDITURES AND WE SELECT A SAMPLE OURSELVES.
THEY DIDN'T DIRECT WHICH ITEMS WERE SELECTED.
THAT WAS INDEPENDENTLY DETERMINED BY US.
>> CAN YOU EXPLAIN WHAT THE DIFFERENCE IS BETWEEN GENERAL AUDIT AND A FORENSIC AUDIT?
>> A FORENSIC AUDIT IS UNDERTAKEN MORE FOR LEGAL PURPOSES.
WHEN YOU DO A FORENSIC AUDIT, IT'S MORE THE DOCUMENTATION, THE LEVEL OF TESTING HAS TO BE HELD UP IN THE COURT OF LAW.
WHEREAS OUR TESTING IS MORE TO MAKE SURE THAT THE FINANCIAL STATEMENTS ARE REASONABLY STATED.
THE FORENSIC IS A HIGHER BAR TO MEET THAN JUST THE GENERAL FINANCIAL STATEMENT AUDIT.
>> A GENERAL AUDIT WOULD NOT REVEAL WHETHER OR NOT A CITY MANAGER SET UP A SEPARATE LLC TO RECEIVE PAYMENTS FROM ONE OF THE VENDORS THAT WERE PAID BY THE CITY?
>> THE GENERAL AUDIT IS JUST LOOKING AT THE RECORDS THAT THE CITY HAS ON HAND, IF THERE ARE RECORDS OUTSIDE OF THE CITY OR OTHERWISE.
AUDIT PROCEDURES WOULD NOT NECESSARILY GO OUTSIDE OF THE CITY'S RECORDS.
>> WOULD A FORENSIC AUDIT DO THAT?
>> IT'S POSSIBLE DEPENDING ON HOW THE LEVEL OF TESTING AND HOW IT'S DIRECTED, BUT I CAN'T REALLY SPEAK TO WHETHER OR NOT THEY WOULD UNCOVER THAT.
BUT LIKE I SAID, IT WOULD BE A DIFFERENT LEVEL OF TESTING, A DIFFERENT AVENUE TO GO DOWN.
>> WERE YOU CONTACTED BY THE OFFICE OF INSPECTOR GENERAL ABOUT THE CITY OF TAMARAC?
>> THEN YOU TALK ABOUT THE UNMODIFIED OPINION.
BASICALLY YOU LOOK AT THE FINANCIALS, WROTE AN OPINION AND YOU STAND BY THAT OPINION?
>> YEAH, CORRECT. OUR OPINION REFLECTS THE RESULTS OF OUR TESTING AND BASED ON THE TESTING WE DID, WE HAD NO EXCEPTIONS, SO OUR OPINION IS BASICALLY SAYING THAT THE NUMBERS AS PRESENTED IN THESE FINANCIAL STATEMENTS ARE REASONABLY STATED, BASED ON THE AUDITING STANDARDS AND THE PROCEDURES ARE REQUIRED TO BE PERFORMED.
THE NUMBERS ARE REASONABLY STATED, SO WE HAD NO EXCEPTIONS.
HAD THERE BEEN EXCEPTIONS OR ISSUES, WE'D HAVE TO RESOLVE THOSE IN SOME MANNER AND POSSIBLY MODIFY THE OPINION OR REPORT TO YOU WHAT THOSE EXCEPTIONS WERE.
BUT AS WE STATED, IT'S UNMODIFIED, MEANING THAT WE DID NOT FIND ANY ITEMS OR MODIFICATIONS THAT WERE REQUIRED TO THE OPINION.
[00:40:03]
>> IN TERMS OF THE INTERNAL CONTROLS, THE AUDITING PRACTICES, EVERYTHING THE CITY DOES IN TERMS OF MAKING SURE THE FUNDS ARE BEING MANAGED PROPERLY, EVERYTHING IS BEING HELD AND DONE UP TO THE GOVERNMENT STANDARDS BASED ON YOUR OPINION?
>> CORRECT. BASED ON THE RESULTS OF OUR TESTING, THERE WERE NO EXCEPTIONS IDENTIFIED.
>> THANK YOU. I THINK IT'S GOOD FOR US TO SAY THAT FOR THE RECORD AND TO SHARE WITH THE PUBLIC BECAUSE WE HAVE FAKE MEDIA OUTLETS MAKING IRRATIONAL, UNFOUNDED, AND BASELESS STATEMENTS ABOUT THE CITY'S FINANCIALS, AND THEY NEED TO HEAR DIRECTLY FROM THE AUDITOR WHERE OUR OPINION OR WHERE THEIR OPINIONS STANDS REGARDING THE CITY AND ITS FINANCES, IRRESPECTIVE OF WHAT'S BEING WRITTEN BY NON-PROFESSIONALS AND INDEPENDENT ETHICS GROUPS THAT DON'T EVEN TALK TO OUR AUDITORS TO FIND OUT WHAT'S REALLY GOING ON.
THANKS FOR THAT. THAT CONCLUDES MY STATEMENTS. THANK YOU TO MY QUESTIONS.
>> THANK YOU. CAN YOU TELL ME IS THERE ANY STANDARD OR PRESCRIBED AMOUNT OF RESERVES YOU SHOULD HAVE BASED ON YOUR BUDGET? I KNOW THERE IS WITH HOAS, IT'S VERY STRAIGHTFORWARD ABOUT PERCENTAGE.
>> NO, NOT SPECIFICALLY, BUT THERE MAYBE.
I COULD COME BACK WITH THAT QUESTION, BUT GENERALLY, WE MAKE SURE THAT WE HAVE ENOUGH ON HAND TO AT LEAST TAKE CARE IF SOMETHING HAPPENS AND SAY NO REVENUE COMES IN, WE ARE ABLE TO HAVE NINE MONTHS ON HAND OF EXPENDITURE FOR THE ENSUING YEAR.
>> THAT'S WHAT I WAS LOOKING FOR. THANK YOU VERY MUCH.
I WOULD LIKE TO KNOW IF THERE IS SOME GENERAL STANDARD.
>> THANK YOU. I HAVE JUST A COUPLE OF ITEMS FOR THE PENSION ITEM THAT YOU FOUND FOR OUR AUDITORS THAT YOU FOUND HERE.
THE DISCOUNT RATE. JUST WANT YOU TO CONFIRM FOR EVERYONE THAT THAT'S A RECOMMENDATION YOU MAKE.
BUT THE PENSION BOARD, WHICH HAS THIS ACTUARIES AND IT HAS ITS INVESTMENT ANALYSIS INDIVIDUALS THERE.
THEY'RE THE ONES WHO MAKE THE DETERMINATION AND WHAT'S THE BEST INTERESTS FOR THAT PENSION PLAN. IS THAT CORRECT?
>> THAT IS CORRECT. ACTUALLY IN THIS INSTANCE, WE ALSO DISCUSSED IT WITH THE PLANS ACTUARIES TO ENSURE THAT THEY, ALONG WITH THE PLANS BOARD SUPPORTED THOSE RECOMMENDATIONS AND ALL PARTIES SUPPORTED IT.
BUT ULTIMATELY, YES, MANAGEMENT AND THE PENSION BOARDS DETERMINE THE ASSUMPTIONS, IN THIS CASE THE RATES.
>> WHEN YOU SAY MANAGEMENT, BUT THE MANAGEMENT'S COMBINED ON THE PENSION BOARD SO IT'S ACTUALLY THE PENSION BOARD THAT MAKES THESE DECISIONS, NOT SEPARATE CITY STAFF MAKING THESE DECISIONS?
>> THAT'S CORRECT, YES. THE PENSION BOARD ULTIMATELY OVERSEES THE PLANS.
>> THANK YOU. I JUST WANTED TO MAKE SURE THAT'S CLEAR.
I PROBABLY SAID ON NOT THAT ONE, BUT A DIFFERENT ONE I JUST WANT TO MAKE SURE PEOPLE ARE AWARE OF HOW THE PENSIONS BOARDS WORK.
IT'S A LOT OF GOOD DETAIL THAT GOES INTO IT.
YES, MANDATORY CLE ISN'T ALL THAT GOOD STUFF TO KNOW WHAT YOU'RE DOING.
I WANT TO JUST MAKE SURE IT'S CLEAR AS WELL THAT THE CITY STAFF WILL DETERMINE WHAT CAPITAL IMPROVEMENT PROJECTS THAT WERE DELAYED AND DEFERRED THAT MAY NEED TO COME BACK TO THE CITY AND NOT BE DEFERRED AGAIN.
WE WILL DISCUSS THAT THROUGH BUDGET OR EMERGENCIES SUCH AS A ROOF LEAK THAT NEED TO BE REPAIRED SOONER THAN LATER AND WILL BE BROUGHT FOR US IF NEED BE. CORRECT?
>> YES, CERTAINLY. ANYTHING THAT'S PUBLIC SAFETY CONCERN AND THAT NEEDS TO BE DONE RIGHT AWAY IN CONJUNCTION WITH THE CITY MANAGER'S OFFICE.
THE CITY MANAGER HAS COMPILED WHAT WE CALL A CIP COMMITTEE.
A CIP COMMITTEE DOES SIT AND DISCUSS THOSE AND THEN MAKE RECOMMENDATION TO THE COMMISSION.
I DON'T KNOW IF YOU WANT TO SPEAK FURTHER ON THAT.
>> ONLY TO SAY THAT WE'LL BRING THAT FORWARD FOR DISCUSSION AT JUNE 16TH AT OUR BUDGET WORKSHOPS SO THAT YOU WILL HAVE THOSE RECOMMENDED PROJECTS THAT STAFF FEELS ARE IMPORTANT TO PUSH FORWARD WITH.
>> I APPRECIATE. THAT WAS WHERE I WAS GOING TO GO.
WE'RE LESS THAN A MONTH AWAY, THREE WEEKS AWAY FROM THE START OF OUR BUDGET SERIES, SO TO SPEAK.
WHERE A LOT OF THIS WILL BE DISCUSSED FINE TUNED.
KNOWING THAT IF THERE ARE IMPORTANT ITEMS THAT NEED TO BE ADDRESSED FOR THE BEST INTERESTS OF THE CITY AND PROJECTS THAT HAVE TO BE TAKEN CARE OF SOONER THAN LATER, IT'LL BE MORE EXPENSIVE.
IT COULD BE MORE EXPENSIVE FOR THE CITY AT HAND IF WE DELAY THOSE PROJECTS.
LIABILITY IS A BIG ISSUE AND THAT WILL BE ADDRESSED ON JUNE 16TH.
[00:45:03]
COMMISSIONER GELIN, I BELIEVE THAT'S YOUR HAND RAISED AGAIN.I'M GOING TO ASK IF YOU CAN KEEP IT VERY BRIEF SINCE YOU WENT OVER YOUR FIVE MINUTES.
YES, ROLL YOUR EYES. FIVE MINUTES LAST TIME. THANK YOU VERY MUCH.
>> FOLLOW-UP QUESTION, I NEVER GOT THE ANSWER TO THE QUESTION ABOUT HOW WE'RE DOING LONG-TERM.
CHRISTINE, YOU DEFINE SHORT-TERM AS THE NEXT 12-18 MONTHS LONG-TERM.
WHAT IS OUR POSITION LONG-TERM BEYOND THE 12-18 MONTHS?
>> WELL, WE TALK ABOUT THE FACT THAT WE HAVE A STRONG NET ASSET BASE.
OUR NET ASSET BASE TAKES CARE OF THE LONG-TERM, MEANING THAT WE HAVE ENOUGH AND TO PLAN FOR THE LONG-TERM.
FOR OUR GOVERNMENT, WHEN WE DO OUR BUDGET IT'S ONLY ONE YEAR.
TYPICALLY WHAT WE TRY TO DO IS, WE ESTIMATE AND DO OUR PROJECTION FOR UP TO THREE YEARS.
WHEN WE PLAN OUR CAPITAL PROJECTS, WE DO LIKE A 10 YEAR SPAN, AND DETERMINE, AND WE PLAN OUR ACTIVITIES TO MAKE SURE WE HAVE FUNDED FOR AS FAR OUT AS WE CAN.
BUT HAVING THAT STRONG CASH BASE THAT WE TALKED ABOUT EARLIER CERTAINLY PUTS US IN A GOOD POSITION FOR THE LONG-TERM.
>> I WOULD JUST LIKE TO ADD TOO WE HAVE VERY STRONG FINANCIAL POLICIES THAT YOU PASS EVERY YEAR WHEN WE GO THROUGH THE BUDGET PROCESS ALSO THAT ARE OUTLINED THERE.
WE ALSO ARE VERY CONSERVATIVE IN OUR BUDGETING, WHICH YOU HEARD ABOUT THE BENEFITS OF THAT WE GOT THE ROLLOVER FUND BALANCE FROM THIS YEAR.
AS CHRISTINE MENTIONED, THE STRONG RESERVES HELP US LONG-TERM.
THE CONSISTENCY THERE HAS HELPED THIS CITY HAVE A GOOD, STRONG RECORD OF FISCAL RESPONSIBILITY.
>> FOR MANY YEARS AND AWARD-WINNING.
THANK YOU VERY MUCH. APPRECIATE ALL YOUR TIME. THANK YOU.
[1.b ADA Transit Access & Sidewalk GAP Analysis Plan Presentation by Darci Mayer, Senior Transportation Planner, Broward MPO]
ADA TRANSIT ACCESS & SIDEWALK GAP ANALYSIS PLAN PRESENTATION WILL BE DONE BY DARCY MAYER, SENIOR TRANSPORTATION PLANNER OF BROWARD MPO.>> GOOD MORNING, MAYOR GOMEZ AND COMMISSIONERS.
MY NAME IS DARCY MAYA, AND I'M A SENIOR TRANSPORTATION PLANNER WITH THE BROWARD MPO.
I HAVE WITH ME TODAY JAD SALOON, HE WAS ON THE PROJECT TEAM, ALSO A MPO STAFF MEMBER.
I CAME BEFORE YOU LAST MAY TO PROVIDE AN OVERVIEW OF THE ADA TRANSIT ACCESS AND SIDEWALK GAP ANALYSIS PLAN WHEN THE PROJECT FIRST KICKED OFF.
I'M HERE TODAY TO REPORT BACK AND SUMMARIZE THE FINAL VERSION OF THE PLAN FOR YOUR APPROVAL.
THE ADA TRANSIT ACCESS AND SIDEWALK GAP ANALYSIS PLAN WAS DEVELOPED IN PARTNERSHIP BETWEEN THE CITY OF TAMARAC AND THE BROWARD MPO THROUGH ITS PLANNING TECHNICAL ASSISTANCE PROGRAM, OR PTAP, WHICH IS A COMPETITIVE GRANT PROGRAM TO FUND AND IMPLEMENT MOBILITY PLANNING PROJECTS.
THE SELECTION AND FUNDING OF THE CITY'S PLAN WAS APPROVED BY THE BROWARD MPO BOARD.
OF COURSE, I WANT TO ACKNOWLEDGE COMMISSIONER PLACKO FOR BEING A MEMBER OF OUR BOARD.
THE PLAN KICKED OFF IN EARLY MARCH OF LAST YEAR AND TOOK ABOUT NINE MONTHS TO COMPLETE.
IT INCLUDES AN EVALUATION OF ACCESS TO TRANSIT AND A QUARTER MILE RADIUS OF THE CITIES TWO COMMUNITIES SHUTTLE ROUTES.
THAT'S THE RED ROUTE AND THE RED EXTENSION ROUTE.
IN 10 BROWARD COUNTY TRANSIT OR BCT STOPS SELECTED BY CITY STAFF.
WHEN THE CITIES ADA TRANSITION PLAN WAS UPDATED IN 2020 ONE OF THE TASKS IDENTIFIED TO ASSIST THE CITY IS IN PRIORITIZING NEW SIDEWALK INSTALLATIONS.
THIS PLAN WILL ASSIST THE CITY WITH THAT EFFORT.
IT IDENTIFIES SIDEWALK GAPS WITH A PRIORITIZATION SCHEDULE AND ASSOCIATED PLANNING LEVEL COST ESTIMATES.
AS A COMPANION TO THAT, BICYCLE FACILITY GAPS AND COST ESTIMATES HAVE ALSO BEEN IDENTIFIED.
IN ADDITION, IT INCLUDES THE DETERMINATION OF ADA COMPLIANCE AT COMMUNITY SHUTTLE STOPS ONLY.
ALL OF THE COMMUNITY SHUTTLE STOPS ARE REQUIRED TO BE ADA COMPLIANT FOR THE ROUTE TO BE ELIGIBLE FOR BROWARD COUNTY SURTAX FUNDING.
AS YOU ARE AWARE, WE DID CONDUCT A SURVEY TO SOLICIT INPUT FROM COMMUNITY SHUTTLE WRITERS.
WE HAD A SURVEY UP ON THE CITY'S WEBSITE AS WELL
[00:50:03]
AS WE HANDED OUT PAPER SURVEYS TO THE SHUTTLE BUS RIDERS.TAKING INTO CONSIDERATION THAT FEEDBACK, AS WELL AS FIELD OBSERVATIONS AND ANALYSIS, WE CREATED RECOMMENDATIONS TO ASSIST THE CITY IN PRIORITIZING IMPROVEMENTS IN IDENTIFYING POTENTIAL FUNDING SOURCES.
THE PROCESS FOR THE PLAN WAS FOR THE MPO'S TRANSPORTATION PLANNING GUIDE BOOK AND INCLUDED THE FOLLOWING.
WE IDENTIFIED THE BUS STOPS AND LIKE PREVIOUSLY STATED, IT INCLUDED ALL 21 COMMUNITY SHUTTLE BUS STOPS AND 10 BCT STOPS.
A FIELD REVIEW CHECKLISTS WAS CREATED TO IDENTIFY COMPONENTS TO BE EVALUATED TO DETERMINE ADA COMPLIANCE AT THE COMMUNITY SHUTTLE STOPS AND THE ANALYSIS OF BIKING AND WALKING CONDITIONS IN A QUARTER MILE RADIUS OF TRANSIT STOPS.
IN IN-PERSON FIELD ANALYSIS WAS COMPLETED, WHICH INCLUDED A COMMUNITY SHUTTLE BUS RIDE ALONG, ADA REVIEW AT COMMUNITY SHUTTLE STOPS AND A WALKING AUDIT IN A QUARTER MILE RADIUS OF ALL THE STOPS.
FIELD REVIEW FINDINGS WERE COMPILED AND THEN SUMMARIZED AND FINALLY, WE CREATED RECOMMENDATIONS, A PRIORITIZATION RANKING, AND COST ESTIMATES.
TO GIVE YOU AN IDEA OF OUR STUDY AREA, THIS MAP DEPICTS THE COMMUNITY SHUTTLE BUS STOPS.
THOSE ARE INDICATED BY THE YELLOW DOTS AND THE RED CIRCLES INDICATE THE QUARTER MILE RADIUS.
HERE ARE THE 10 BCT STOPS INDICATED BY THE GREEN DOTS WITH THE RED CIRCLE INDICATING THE QUARTER MILE BUFFER.
TO LOOK AT ONE OF THE STOPS IN MORE DETAIL.
THIS IS THE COMMUNITY CENTER SO THIS IS THE BEGINNING AND END FOR BOTH THE RED AND RED EXTENSION ROUTES.
A COUPLE OF YOUR NEIGHBORING CITIES ALSO STOP HERE.
LAUDERHILL HAS THE ROUTE 4 STOPPING HERE.
LAUDERDALE LAKES HAS THEIR NORTH-SOUTH ROUTE STOPPING HERE.
WHAT WE DID WITH THIS STUDY IS WE EVALUATED THE MOVEMENT OF PEOPLE ALL THROUGH THIS BLUE AREA.
WE IDENTIFIED NEEDS AND DEFICIENCIES AND POTENTIAL IMPROVEMENTS FOR ALL USERS, AND THIS INCLUDED PEDESTRIANS, CYCLISTS, AND PEOPLE WITH DISABILITIES.
TO SUMMARIZE THE FINDINGS IN THE PLAN, OUT OF THE 21 COMMUNITY SHUTTLE BUS STOPS, 13 OF THOSE NEED UPGRADES TO BECOME FULLY ADA COMPLIANT.
WITHIN A QUARTER MILE RADIUS OF ALL THE 31 TRANSIT STOPS, THERE ARE APPROXIMATELY 33,000 LINEAR FEET OF SIDEWALK GAPS AND A 132,000 LINEAR FEET OF BIKE LANE GAPS.
POTENTIAL FUNDING OPTIONS HAVE BEEN IDENTIFIED IN THE PLAN.
THEY INCLUDE LOCAL, STATE, AND FEDERAL PROGRAMS. THIS SLIDE HIGHLIGHTS A FEW OF THOSE PROGRAMS. ADDITIONALLY, IN THE PLAN, WE HAVE IDENTIFIED IMMEDIATE SHORE AND LONG-RANGE IMPLEMENTATION TIME-FRAME.
I DO WANT TO SAY THAT IT WAS A REAL PLEASURE WORKING WITH THE STAFF.
MAXINE STAFF WAS WONDERFUL AND JOHNSON AND [INAUDIBLE] WITH THE PARKS DEPARTMENT WAS WONDERFUL AND I KNOW MIKE CLASSIC RETIRED, BUT HE WAS REALLY GREAT TO WORK WITH AS WELL.
ALL OF THE PHOTOS IN MY PRESENTATION, WE ACTUALLY WENT OUT AND TOOK OURSELVES.
YOU HAVE A LOT OF PEDESTRIANS AND CYCLISTS OUT AND THAT WAS REALLY GREAT TO SEE.
I WELCOME ANY QUESTIONS THAT YOU MAY HAVE. THANK YOU.
>> THANK YOU. COMMISSIONER PLACKO.
>> THANK YOU. GOOD MORNING. THANKS VERY MUCH.
CAN YOU IDENTIFY FOR ME THE LONG AND SHORT-TERM PLANS? BECAUSE I KNOW HOW LONG EVERYTHING TAKES.
>> SURE. WITH REGARDS TO THE COMMUNITY SHUTTLE STOPS.
WE DIDN'T MAKE A PRIORITIZATION SCHEDULE WITH THOSE BECAUSE WE FELT THOSE WERE IMMEDIATE UPGRADES THAT NEEDED TO OCCUR.
IT WILL SAVE THE CITY MONEY IN THAT THE COUNTY WILL FULLY FUND THE ROUTES IF YOU HAVE ALL YOUR STOPS FULLY ADA COMPLIANT.
WE DIDN'T MAKE A PRIORITIZATION SCHEDULE WITH THOSE.
WE THOUGHT THAT SHOULD BE AN IMMEDIATE ITEM THAT SHOULD BE ADDRESSED.
>> HAS IT BEEN ADDRESSED ALREADY? ARE WE STILL TALKING ABOUT IT?
>> TO MY KNOWLEDGE, ONE OF THESE STOPS ACTUALLY THE COUNTY UPGRADED BECAUSE IT WAS A CO-LOCATED, IT WAS THE GREENS AND SO IT WAS ALSO A BCT STOP AS WELL AS COMMUNITY SHUTTLE STOP.
WHEN THE CITY STAFF WORK WITH COUNTY ON UPGRADING SOME OF THE AMENITIES THAT THE BCT STOPS THAT ONE WAS ADDRESSED.
[00:55:02]
BUT IT WOULD TECHNICALLY BE AT THIS TIME 12 STOPS THAT NEEDS TO BE UPGRADED.YOU'RE LOOKING AT ABOUT $48,000 TO DO THOSE UPGRADES.
>> THE FUNDING FOR THAT HAS BEEN REQUESTED OR HAS NOT? > WE DID NOT WORK AT ALL WITH THE STAFF ON REQUESTING FUNDING, BUT WE DID IDENTIFY SOME POTENTIAL SOURCES THAT THE CITY COULD PURSUE.
WHAT ABOUT SURTAX, WHICH WE WERE USING OR APPLYING FOR SURTAX DOLLARS?
>> AS FAR AS SURTAX, I WOULD RECOMMEND SPEAKING WITH THEIR GENERAL COUNSEL.
THEY'RE GOING TO BE ABLE TO IDENTIFY WHICH PROJECTS COULD QUALIFY FOR THAT.
SINCE WE'RE NOT DIRECTLY AFFILIATED WITH THE COUNTY, I DON'T WANT TO SPEAK ON THEIR BEHALF, BUT THEY DO HAVE A GENERAL COUNSEL THAT THE CITY STAFF COULD WORK WITH ON IDENTIFYING WHICH PROJECTS WOULD QUALIFY, AS WELL AS THEY DO HAVE AN OVERSIGHT BOARD THAT APPROVES THE PROJECTS ONCE SUBMITTED.
>> CERTAINLY I HAVE SPOKEN WITH MAXINE ABOUT APPLYING FOR C-SLIP.
I BELIEVE THE PROGRAM'S OPENING THIS FALL, THE SCHEDULE IS OPENING THIS FALL.
WE DO HAVE AN ANNUAL APPLICATION PROCESS, SO THAT IS SOMETHING THAT I WOULD ENCOURAGE THE CITY TO APPLY FOR DEFINITELY.
>> I THINK THIS PLAN IS EXCELLENT, VERY COMPREHENSIVE.
I WOULD JUST ENCOURAGE EVERYONE TO START APPLYING NOW.
BECAUSE AS WE ALL KNOW, IT TAKES A VERY LONG TIME TO GET FUNDING THROUGH, ESPECIALLY WITH SURTAX.
I WOULD ENCOURAGE EVERYONE, WHETHER IT BE C-SLIP OR THE [INAUDIBLE] WITH SURTAX LET'S START APPLYING AS SOON AS WE POSSIBLY CAN.
THANK YOU VERY MUCH APPRECIATED.
>> JUST FURTHER TO THAT POINT, WHAT I'D LIKE TO SAY IS THAT THIS IS A TREND.
IT'S PART OF OUR ADA TRANSITION PLAN, AND SOME OF THE COSTS ARE MORE IMMEDIATE THAN OTHERS, AND AS DARCY SAID EARLIER ON, THIS HELPS US TO PRIORITIZE BECAUSE WITH THESE THINGS WITH SIDEWALKS AND THERE'S ALWAYS AN EXPENSE AND IT'S ONGOING.
THIS IS JUST SOMETHING THAT WE WILL CONTINUE TO LOOK AT BUT IT DOESN'T MEAN EVERYTHING IS GOING TO GET FIXED IMMEDIATELY.
THOSE IMMEDIATE ONES WE WOULD PUT THE FOCUS ON FIRST, BUT THESE ARE LONG-TERM PROJECTS AND THIS GIVES US THE FRAMEWORK WITHIN WHICH TO ATTACK THE SITUATION.
I UNDERSTAND THAT, BUT WE KNOW HOW LONG IT TAKES TO REQUEST FUNDING.
I'VE WAITED OVER TWO YEARS FOR MY FIRST SURTAX.
WE REALIZE THAT MC SLIP TAKES TIME, SO I JUST WANT TO MAKE SURE THAT WE KNOW WHAT THE PLAN IS AND WE START MOVING FORWARD WITH IT.
>> YES. YOUR POINT IS WELL-TAKEN.
I JUST WANTED TO LAY OUT THAT THIS IS AMBITIOUS AND IT NEEDS TO GET TURN OVER OVER MANY YEARS, SO THANK YOU.
THE COMMISSIONER PLACKO HAS ENCOURAGED STAFF TO APPLY FOR THESE GRANTS, SO QUESTION TO THE CITY MANAGER AND STAFF.
DO YOU INTEND TO APPLY FOR THESE GRANTS?
>> MOST DEFINITELY, AND WE DO WE DO SO REGULARLY.
MAXINE, IF YOU WANT TO ADD ANYTHING FURTHER.
>> TO ECHO WHAT THE CITY MANAGER JUST SAID, ABSOLUTELY VICE MAYOR.
IT'S SOMETHING THAT WE DO ANNUALLY.
IN FACT, WE HAVE APPLIED TO C-SLIP BEFORE, THIS PROCESS AND THIS PLAN HELPS TREMENDOUSLY.
FOR THE C-SLIP FOR EXAMPLE, YOU ARE REQUIRED TO UPLOAD A PLAN IF YOU HAVE ONE, THAT GIVES YOU ADDITIONAL POINTS IN PARTICULAR IF THE PLAN IS ADOPTED BY THE COMMISSION, UPLOADING THAT PLAN AND THE RESOLUTION AS WELL.
THIS IS THE FIRST STEP FOR MOST GRANT APPLICATIONS.
THEY WANT TO SEE THAT A CITY HAS A PLAN OR A STUDY, AND SO THIS WILL HELP TO FACILITATE THAT.
>> TO THE CHAIR, CITY MANAGER, CAN YOU PROVIDE THE COMMISSION WITH A LIST OF GRANTS THAT WE APPLY FOR, FOR ALL OUR ALL OF OUR DEPARTMENTS.
>> FOR THE TRANSPORTATION PERSON, HOW IS VISION ZERO INCLUDED IN YOUR PLANS?
[01:00:01]
>> THIS IS A SUBSET OF THE CITY'S ABA TRANSITIONAL PLAN, DOES NOT ADDRESS THE VISION ZERO.
HOWEVER, WE ARE I THINK ON THE JUNE 1ST AGENDA IS THE FIRST AGREEMENT WITH THE COUNTY FOR THE FUNDS FOR THE TRANSPORTATION MASTER PLAN.
AS DISCUSSED WHAT THIS BODY BEFORE THAT WILL INCLUDE THE VISION ZERO AS A PART OF THAT STUDY.
YOU WILL SEE THAT ITEM ON YOUR JUNE EIGHTH MEETING.
>> THANK YOU, MS. CALLOWAY, FOR THAT, ADDITION.
WHILE SOME OF THE STUFF THAT'S IN THE PROJECT BEFORE US WILL HELP TOWARDS THAT PLAN AS MISS MARY SAID AND ALSO OUR CITY MANAGER STATED ALSO COMMISSIONER PLACKO, IT WILL BE A LITTLE BIT OF TIME BEFORE ALL THIS IS IMPLEMENTED, SO WE NEED SOME OTHER THINGS TO WORK OUT FIRST.
WANTED JUST TO CLARIFY, THE 48,000 DOLLAR TOTAL, IS IT A TOTAL OR FOR EACH OF THE 12?
>> IN THE PLAN, IT WAS 50,278 FOR ALL.
NOW, TAKING OUT THAT ONE STUDY [OVERLAPPING].
>> THAT'S TODAY'S MONEY VERSUS FUTURE MONEY WITH THE COST OF.
>> THESE ARE PLANNING LEVEL COST ESTIMATES, SO YES, IN TODAY'S DOLLAR.
>> I KNOW THAT MYSELF, I ALSO KNOW THE CITY MANAGER AND OTHERS HAD BEEN IN TOUCH WITH OUR SURTAX, TRYING TO WORK ON GETTING SOME OF THE SURTAX ITEMS PUSHED AND CLARIFIED AS WELL.
CERTAIN THINGS THAT WE HELD TO BE TRUE WHEN WE WERE DOING OUR VOTING OR PLANNING IN THE PAST SEVERAL YEARS HAVE NOT COME TO BE TRUE ANYMORE, AND PLANS HAVE BEEN CHANGED, WHICH HAS CAUSED US TO REEVALUATE AND CHANGE PROJECTS.
I KNOW THAT'S FOR FUTURE DISCUSSION.
BUT ANYWAY, WHEN YOU CAN, IF YOU CAN, I WOULD APPRECIATE RECEIVING A LIST OF THE LOCATIONS FOR THESE 13 SITES TOTAL, AND THEN ALSO THE GENERAL IDEAS FOR THE LINEAR SQUARE FIELD.
WHICH COMMUNITIES, WHICH MAJOR STREETS, WHICH LOCATIONS, THAT STUFF I AM NOT SEEING HERE.
[OVERLAPPING] I SEE THE OVERVIEW.
>> I'M SORRY. IT'S ACTUALLY IN THE APPENDIX.
THERE'S A COUPLE OF DIFFERENT AREAS THAT HIGHLIGHT ALL OF THE RECOMMENDED CHANGES.
ON PAGE 151, FOR EXAMPLE, THAT'S GOING TO BREAK DOWN THE MARKETPLACE MOVIES STOP AND ALL THE RECOMMENDED IMPROVEMENTS, BUT WE ALSO HAVE ANOTHER SECTION THAT'S GOING TO JUST IDENTIFY THE UPGRADES NEEDED AT THE COMMUNITY SO I'LL STOP SO I CAN GIVE YOU THAT PAGE AND JUST ONE SECOND.
>> ACTUALLY YOU SAID IN THE APPENDIX.
SOME OF US WILL HAVE TO GET THE APPENDIX TO BE ABLE TO NOTE AND THAT'S THE REASON WHY I'M ASKING. I'M SORRY.
THE MATERIALS I HAVE I DID NOT HAVE THAT, PROBABLY MY COLLEAGUES DIDN'T EITHER, SO IF WE COULD JUST HAVE THAT EMAIL TO US AT YOUR CONVENIENCE, AND IF YOU WOULDN'T MIND, IF THERE'S A GENERAL TABLE OF CONTENTS, I CAN JUST FLIP TO IT AND FIND THAT INFORMATION THERE. BUT I APPRECIATE.
>> THANK YOU VERY MUCH. I KNOW HOW HARD EVERYBODY WORKS WITH THE MPO AND ALL THAT YOU'RE TRYING TO DO TO HELP MAKE TRAVEL ON TRANSIT SAFER FOR EVERYBODY AND QUICKER. THANK YOU FOR YOUR TIME.
>> ALL RIGHT, LADIES AND GENTLEMEN, IT IS 11:03.
THIS MEETING IS ADJOURNED, WE'LL SEE YOU WEDNESDAY MORNING AT 9:30 RIGHT HERE. THANK YOU.
* This transcript was compiled from uncorrected Closed Captioning.