Finance Committee Agenda and Packet 2016 12 19

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City Council Finance Committee Meeting Minutes 11/28/16 Page 2 of 8 FISCAL IMPACT MODEL AND MCCASLIN SMALL AREA PLAN OUTPUTS Planning Director Rob Zuccaro greeted the Committee and asked Finance Committee Members what concerns they have regarding the Fiscal Impact Model. Finance Committee Chairperson Stolzmann asked Director Zuccaro if residential had been removed from the Fiscal Impact Model for Parcel "0." Director Zuccaro stated that residential had been removed from the formulas and replaced by mixed use commercial/office. Member Stolzmann stated for Parcel "0", the output result of 1,700 jobs seemed unreasonably high. Finance Committee Member Maloney agreed and stated that the conversion from residential to retail seems somehow out of sync. Member Stolzmann asked if the Model outputs reflect full build -out. Director Zuccaro stated the Model assumptions are not for full build -out. Director Zuccaro and Finance Committee Members discussed that the office to retail ratios used in the Fiscal Impact Model vary by area. The ratio used for Parcel "0" is 50/50. Committee Member Maloney stated that there needs to be full disclosure of the assumptions being used in the Fiscal Impact Model to City Council. Member Maloney continued that the example of Parcel "0" demonstrates that the desire of City Council to have this area mainly retail is not being reflected in the assumptions used by the Model. Member Maloney stated that the assumptions need to mirror the City's current actions and intentions for the various areas and the Model should follow that vision. Director Zuccaro stated that policies for land use and zoning need to be set by City Council. Finance Committee Member Maloney and Stolzmann stated that the Fiscal Impact Model needs to be a directional model. Members requested the current tables be included in the next City Council packet and that Director Zuccaro present alternatives to the existing assumptions to the full City Council based on his experience in the field. Finance Committee Member Maloney stated he would reach out to Director Zuccaro to discuss and review the tables prior to the next City Council meeting. NON-PROFIT FUNDING REQUESTS FOR 2017 Finance Director Watson presented a summary of the grants given to non-profit agencies for 2014 through 2016 and the funding requests received for 2017 and 2018.