6:30 P.M. JOINT PUBLIC HEARING WITH THE CITY COUNCIL,

             HOUSING AUTHORITY, PARKING AUTHORITY AND YOUTH

             ENDOWMENT SERVICES FUND BOARD:

            1.

             RA 42-1

PROPOSED FISCAL YEAR 2003-04 ANNUAL BUDGET, CITYWIDE FEE SCHEDULE, INCLUDING AN INCREASE IN THE TRANSIENT PARKING TAX, AND APPROPRIATIONS LIMIT PUBLIC HEARING:

Recommendation:

Staff recommends that the City Council/Redevelopment Agency/ Housing Authority/Parking Authority/Youth Endowment Services Fund Board conduct the public hearing on the Proposed Fiscal Year 2003-04 Annual Budget, Citywide Fee Schedule, Transient Parking Tax increase, and Appropriations Limit.  Staff will incorporate any City Council direction into the Budget resolutions that will be presented to the Council on June 17, 2003 for final adoption.

As recommended with the exception of increasing the Transient Parking Tax and staff directed to use the BWP Set-aside Fund to offset the revenue loss.

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