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2024-01-22 Correspondence Item 6

Finance Committee
January 22, 2024

Document
2024-01-22 Correspondence Item 6
Meeting
January 22, 2024
Body
Finance Committee
Original file
332 KB
Text extracted from the city's file for reading and search. Open the original on www.cityofpasadena.net. That file is the official record.

You don't often get email from [email protected]. Learn why this is important From: Stevenson, Garrett
To: Acevedo, Gloria
Cc: Sabha, Tamer
Subject: FW: Written comment for Finance Committee Jan 22nd, Item 6 Date: Monday, January 22, 2024 10:08:21 AM
From: Simon Gibbons
Sent: Monday, January 22, 2024 10:07 AM
To: Sabha, Tamer <[email protected]>; Stevenson, Garrett <[email protected]>
Subject: Written comment for Finance Committee Jan 22nd, Item 6 [⚠] CAUTION: This email was delivered from the Internet. Do not click links or open attachments unless you know the content is safe. Report phish using the Phish Alert Button. Learn more.... ------------------------
To the members of the City of Pasadena Finance Committee Item 6 on today’s agenda proposes a budget of $2,876,232 for the Rent Stabilization Board, and notes that this will entail a “temporary negative cash balance for the department will occur until the Rental Housing Fee can be collected”.

So far, the Rent Board has failed to meet any of its operational deadlines for providing advice, setting up hearings, hiring staff, or creating a rental registry. Instead they have focused on their own pay, to the extent that one member asked at the January 10th meeting whether it would be possible to halt rent payments on their office if money was needed for Board member salaries.

In view of the Board’s consistent failure to meet its own deadlines, what is the City’s plan to deal with funding the new Department if the rent registry is delayed even further? Simon Gibbons (he, him)
Finance Officer
BT Shepherd LLC
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