From: Jan Madnick
To: [email protected]
Subject: budget
Date: Monday, February 3, 2025 10:54:37 AM
You don't often get email from [email protected]. Learn why this is important It amazes me that the members of this City Council, who promised those who voted for them that they would represent their vision for what Huntington Beach should represent, would continue to look for ways to "privatize" the City and its resources.
When public outcry stopped the privatization of the library you demeaned and lied about the petitions which would put it on the ballot.
Just agree to it and save the City money!!!
Now you're considering another infringement of Central Park proper with the "light show".
There was quite a
wonderful article about our park in the Register last week highlighting, among
other things, the incredible variety of
birds that migrate into the park each
year.
It is clear that the proposed light show would damage that portion of the park's environment.
In addition, just like the Air Show agreement, you plan on using HB resources to support this proposal.
Do we get a say??
Lastly, your decision to overcharge/not renew the lease on
Jack's Beach Concession, a landmark in this city for over 66 years,
so that you can put in who? what?
Again ignoring residents.
If you represent what HB residents see as the things that make HB stand out as a coastal community, then you need to examine the actions you're taking.
Certainly there are budget concerns, but, perhaps, fewer lawsuits would help with that!!
Please represent all the citizens,
Jan and Leon Madnick
2/4/2025
8 (25-053)
From: Pat Goodman
To: CITY COUNCIL (INCL. CMO STAFF); [email protected] Subject: Forecast Presentation February 4, 2025 Agenda # 8 Date: Monday, February 3, 2025 10:58:30 PM
I'm looking forward to the financial forecast presentation tomorrow evening, Agenda Item # 8. Here are a few questions I hope the consultants will address during their presentation.
Slide 7 - Fiscal Issues Not Included in the Model.
Could you present a forecast that includes these issues? --------
Slide 8 - Major Drivers and Indexes
Property Taxes include tax for HB Pension Costs - is this applied to UAL or to actual expenses for the year? Is this tax due to expire? Has the HP Pension Cost tax been included in the forecast.
Transfers Out include Equipment Fund, Infrastructure, Self-Insurance, Homeless Services. In Slide 7 some of these funding transfers are not included in the forecast. Please explain.
---------
Slide 10 - 10 Year Projections
Suggestion - show the Net Baseline Revenues and Expenses. ________
Slide 16 - Changed Assumptions
Does the ROP schedule include the 2022 and 2023 lawsuit award? 20% of the payments are restricted for Community Development Affordable Housing uses. How will these payments used (may be a budget question)? How will this changed assumption effect the city's bond rating? ----------
Other questions:
Is the Code 4/Pacific Airshow Settlement reflected in the forecast. If so where and the cost per year.
_______
Pensions:
It would be very helpful for the consultant to include a summary of pension related issues including answers to the following questions:
Where are annual pension costs reflected in the financial statements? What contributions do employees make to their pension? Are these contributions reflected in the financial statements?
What is the definition of Unfunded Accrued Liabilities (UAL)? How did this liability occur?
Where are the UAL's reflected in the financial Statements? Is there an independent review of the UAL balance to determine its adequacy to meet future obligations?
______
Thank you.
Pat Goodman
Huntington Beach, CA