Rental Registration and Rent Stabilization Implementation November 19, 2024
Community Development, City Attorney’s Office, Finance, & Human Resources
Introduction
The City Council adopted a Rental Registration Program (April 2023) and Rent Stabilization Program (September 2024).
City Council action is needed to:
establish program registration fees
create a FY 24-25 budget
hire additional administrative staff
authorize a loan transfer from the General Fund for start-up costs
Proposed Program Staffing
0.2 FTE Planning Manager
1.0 FTE Community Development Analyst (Limited Term)
1.0 FTE Admin Analyst (Limited Term)
1.0 FTE Admin Aide (Limited Term)
3.2 FTE
FY 2024-2025 Program Budget
Salaries and Benefits $142,250
Software $200,000
Supportive Services $300,000
(Hearing Officer, Education/Outreach)
Indirect Costs/Overhead $13,000
$655,250
Program Fees Summary
Initial Proposed Fees
$28.00 per rental unit (Residential Registration Ordinance) $115.00 per rental unit (Rent Stabilization Ordinance)
80% collection rate required for cost neutrality
Current Recommended Fees
$45.00 per rental unit (Residential Registration Ordinance) $170.00 per rental unit (Rent Stabilization Ordinance)
50% collection rate required for cost neutrality, starting in year 3
Strategic Alignment City of Salinas Strategic Plan 2022-2025 Consideration of the proposed actions furthers the City Council’s goal of promoting and preserving Housing and Affordable Housing.
Motion Summary
Establish a Rent Program Fee for the Rent Stabilization Ordinance (Ordinance No. 2681 N.C.S.) Amend Residential Registration Fees established by Ordinance Number 2663 (N.C.S.) Establish the FY 24-25 Residential Rental Registration and Rent Stabilization Program revenue and expense budget ($655,250) Authorize the appropriation of $205,203 to the program in the form of a General Fund loan transfer Approve an amended Workforce Allocation for two limited term administrative positions to staff the program
Questions?