This facility is disabled accessible.  Auxiliary aids and services are available for individuals with speech, vision or hearing impairments (48-hour notice is required).  Please contact the ADA Coordinator at (818) 238-5021 voice or (818) 238-5035 TDD with questions or concerns.

                                                                      6:30 P.M.

INVOCATION:          

                                           The Courts have concluded that sectarian prayer as part of City

                                           Council meetings is not permitted under the Constitution.

FLAG SALUTE:

ROLL CALL:

JOINT MEETING WITH THE CITY COUNCIL, REDEVELOPMENT AGENCY, HOUSING AUTHORITY, YOUTH ENDOWMENT SERVICES FUND BOARD AND BURBANK PUBLIC FINANCING AUTHORITY:

1.         ADOPTION OF THE FISCAL YEAR 2007-08 BUDGET, CITYWIDE FEE SCHEDULE AND APPROPRIATIONS LIMIT:

The purpose of this report is to request that the Council, Redevelopment Agency, Housing Authority, Parking Authority, Public Financing Authority and Youth Endowment Services (YES) Fund Board adopt the Fiscal Year (FY) 2007-08 Citywide Budget, Citywide Fee Schedule and Appropriations Limit.

On May 8, 2007, staff presented a preliminary overview of the Proposed FY 2007-08 budget, along with the Five-Year Forecast.  The Proposed Budget documents were distributed on May 3, 2007 for the Council�s review prior to the annual Goal Setting Workshop held on May 5, 2007.

Budget Study Sessions were held on May 8, May 15 and May 22, 2007.  The purpose of these sessions was to give the Council the opportunity to review each department�s budget, ask questions and make modifications to the budget.  Additionally, on May 29, 2007, the Council reviewed their respective goals for the upcoming year and recommended funding for various items.

The Annual Public Hearing for the Budget was held on June 12, 2007, and after hearing public comments and completing its final review, the following items were addressed by the Council:

Additional Discussion Items:

The Council agreed to fund two additional discussion items that were originally requested by Mayor Ramos at the June 5, 2007 Council meeting.  A holding account of $100,000 for parking enforcement was approved.  Specific use of these funds will be discussed when the overall downtown parking management item is brought back before the Council.  Additionally, $59,004 was included in the budget for an Education Ambassador that not only will educate citizens/businesses with respect to the new smoking ordinance, but also with other new ordinances such as the shopping cart ordinance.

Smoothing of Refuse Fund Rate Increases:

The proposed budget includes a nine percent refuse rate increase for FY 2007-08.  This increase would amount to an increase of only $1.81 to the monthly 64 gallon container fee.  Lifeline customer rates will remain unchanged.  The rate increase is recommended to help the Refuse Fund cover its growing operating costs and comply with legal bond coverage requirements.

During the public hearing, the Council directed staff to explore the feasibility of smoothing the proposed nine percent refuse rate increase for FY 2007-08.  Staff will look at what can be done to minimize any rate increase while helping bring the Fund back into fiscal health and also enable the fund to comply with other legal requirements and the City�s Fiscal Policies.  Please note that reducing the rate increase to six percent reduces the monthly cost to rate payers by only 60 cents while throwing the fund into a potential deficit.  Staff will provide additional information related to this issue during the adoption of the budget.

The following chart provides a citywide snapshot of the resources and appropriations for FY 2007-08:

The adoption of the Budget sets the initial appropriations for the new fiscal year.  For FY 2007-08, total General Fund appropriations of $139,693,338 have been balanced against estimated revenue in addition to the use of fund balance.  If adopted as is (including the items added by Council), the General Fund budget will be balanced with a projected balance of $127,722 remaining at year�s end.  This year�s General Fund budget is roughly six percent larger than the adopted FY 2006-07 budget.  Staff will continue to update the Five-Year Financial Forecast appropriately and update the Council on the City�s fiscal condition on a quarterly basis.

Recommendation:

Adoption of proposed Council resolutions entitled:

1.  A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2007-2008, AND MAKING APPROPRIATIONS FOR AMOUNTS BUDGETED.

2.  A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK DETERMINING AND ESTABLISHING THE CITY�S APPROPRIATIONS LIMIT FOR FISCAL YEAR 2007-2008.

3.  A RESOLUTION OF THE COUNCIL OF THE CITY OF BURBANK ADOPTING   THE BURBANK FEE RESOLUTION.

Adoption of proposed Redevelopment Agency resolution entitled:

A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2007-2008.

Adoption of proposed Housing Authority resolution entitled:

A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2007-2008.

Adoption of proposed Parking Authority resolution entitled:

A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2007-2008.

Adoption of proposed Public Financing Authority resolution entitled:

A RESOLUTION OF THE PUBLIC FINANCING AUTHORITY OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2007-2008.

Adoption of proposed Youth Endowment Services Fund Board resolution entitled:

A RESOLUTION OF THE YOUTH ENDOWMENT SERVICES FUND OF THE CITY OF BURBANK ADOPTING THE BUDGET FOR FISCAL YEAR 2007-2008.

CONSENT CALENDAR:  (Item 2)

The following item may be enacted by one motion.  There will be no separate discussion on this item unless a Member so requests, in which event the item will be removed from the consent calendar and considered in its normal sequence on the agenda.  A roll call vote is required for the consent calendar.

2.         MINUTES:

Approval of minutes for the regular meeting of January 30, 2007.

Recommendation:

Approve as submitted.

END OF CONSENT CALENDAR

RECESS to continue the City Council meeting.

ADJOURNMENT.