Finance Committee Agenda and Packet 2023 04 20

Home Browse Search

City Council Finance Committee Meeting Minutes February 16, 2023 Page 3 of 5 Councilmember Hoefner expressed support for the proposed programs and added that businesses who have been able to eliminate one-time bag use should be included in the incentive programs. There was further discussion on the funding sources for the proposed new staff position. The City Manager noted that the proposal will be presented to Council at a future Council meeting and more information will be provided at that time. Councilmember Hamlington noted that Sustainability is at the top of Council's Work Plan and people will be needed to execute the programs. She also mentioned the likelihood of the need for future programs and to ensure funding availability to support the new position well into the future. Open Space and Parks Tax Extension - Adam Blackmore, Director of Parks, Recreation and Open Space: The Director of Parks, Recreation, and Open Space presented the background of the Open Space and Parks tax program. He noted that Mayor Maloney has proposed a task force for this ballot issue in order to progress or extend the tax. The task force will be discussed at the next Council meeting. The Council Communication includes the details of the data related to the tax. The City Manager added that the intent of the task force is to bring the different groups together to work through the conversation in a public forum about where we should go with this question. He suggested that committee member participation in those meetings will be the best way to provide input to the process. Questions from the Committee: Chair Dickinson asked if this should be a standing agenda item for the committee and it was agreed that the Finance Committee should receive a regular update on this topic. Councilmember Hamlington requested a report in order to review the data and gain an understanding of the funding and how it's used. This will help the committee understand the full financial impact of the funding. Marshall Fire Update: The Deputy City Manager presented an update on the costs and reimbursements for the Marshall Fire. It was noted that the information in the packet reflects a current snapshot of what we know right now. The end goal of this work is to reconcile five buckets of Marshall Fire expenditures and reimbursements: FEMA, Private property debris — boulder county FEMA partner process, City Insurance coverage, and staffing costs that would be covered by permit fees, and unidentified and un-incurred projects we are still working on recovery. The City is fully obligated with FEMA support. It is likely that the City's total share of the costs won't be known for six months to a year yet due to the iterative process. The Assistant City Manager added that the City is working on a Hazard Mitigation Grant application for FEMA for generators for critical facilities totaling about $4M with FEMA contributing 90% of the costs. We've also identified other sources for a local match to further defer the costs. 5/71