Citizen's Financial Advisory Committee

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Background

 
Like many jurisdictions in California, the City of Arcadia is facing financial uncertainty due to increasing costs of services.  In a concerted effort to address this difficult challenge, the City Council has created a Citizen's Financial Advisory Committee to explore options regarding the City's long-term financial outlook. 

Appointed by the City Council, the 5 members of the Citizen's Financial Advisory Committee serve in an advisory capacity to help review the City’s long-term financial forecast, and are chartered with providing recommendations to the City Council for potential revenue enhancements and/or cost containment strategies. 

 Citizen's Financial Advisory Committee Final Report

 
Please click here for the Citizen's Financial Advisory Committee Final Report. 

Meeting Calendar

Calendar Image

Pursuant to the Americans with Disabilities Act, persons with a disability who require a disability related modification or accommodation in order to participate in a meeting, including auxiliary aids or services, may request such modification or accommodation from the Recreation and Community Services at (626) 574-5113.  Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to assure accessibility to the meeting.  Please see below for the Committee schedule.

根据《美国残障人法案》,需要调整或提供便利设施才能参加会议的残障人士(包括辅助器材或服务)可与市书记官办公室联系(电 话:626-574-5455)。请在会前 48 小时通知市书记官办公室,以便作出合理安排,确保顺利参加会议。

Pursuant to the City of Arcadia’s Language Access Services Policy, limited-English proficient speakers who require translation services in order to participate in a meeting may request the use of a volunteer or professional translator by contacting the City Clerk’s Office at (626) 574-5455 at least 72 hours prior to the meeting. 

根据阿凯迪亚市的语言便利服务政策,英语能力有限并需要翻译服务才能参加会议的人可与市书记官办公室联系(电话:626-574- 5455),请求提供志愿或专业翻译服务,请至少在会前 72 小时提出请求。 

Meeting Date / Time            Purpose      Agenda Items                 
July 24, 2018 at 7 p.m.
Council Chambers Conference Room
Citizen's Financial Advisory Committee Meeting

Agenda 
Orientation Presentation
CFAC Staff Report
Budget Adoption Staff Report
Budget Adoption Presentation
Operating Budget
Capital Budget
Labor Staff Report-All Groups
Labor Staff Report-Management
CAFR 2017
July 24, 2018 Meeting Minutes

August 2, 2018 at 6 p.m.
Recreation Conference Room

Citizen's Financial Advisory Committee Meeting

Agenda
Future Budget Challenges Presentation
Committee Report to Council-1988
FY 17-19 Operating Budget
Restricted/Unrestricted Funds
PERS Information
Pension Liability Presentation
Vehicle Replacement Schedule
August 2, 2018 Meeting Minutes
August 15, 2018 at 6 p.m. 
Council Chambers Conference Room
Citizen's Financial Advisory Committee Meeting

Agenda
Future Budget Challenges Presentation
Corporate Pension Plans
Beverly Hills Pension Reforms
Beverly Hills Section 115 Trust
August 15, 2018 Meeting Minutes

August 23, 2018 at 8 a.m.
Council Chambers Conference Room

Citizen's Financial Advisory Committee Meeting

Agenda
General Fund Revenue Presentation
Guiding Principles
PERS Valuation Update
Contract Cost Budget Detail
Cost Allocation Worksheet 
Statement of Investment Policy
November 2018 Ballot Measures
Peer City Tax Rate
August 23, 2018 Meeting Minutes

Sept. 6, 2018 at 8 a.m. 
Council Chambers Conference Room

Citizen's Financial Advisory Committee Meeting
Agenda
Local Revenue Measure Results
Property Transfer Tax Examples
Top Sales Tax Producers
Parking Revenue Analysis
Local Agency Investment Guidelines
July 2018 Investment Report
Investment Universe Information
Investment Performance Review
Comparable Fee Schedules by City
September 6, 2018 Meeting Minutes
Sept. 27, 2018 at 8 a.m.
Council Chambers Conference Room
Citizen's Financial Advisory Committee Meeting

Agenda
Expenditure Presentation
Expenditures by Fund
Expenditures by Division
LA County Ballot Measures November
Revenue Enhancement Rankings
Par 3 Golf Course
Arcadia Property Sales
Arcadia Transfer Tax  
Grant Writing Survey
Illegal Builds
Fleet Management Analysis
September 27, 2018 Meeting Minutes    

Oct. 16, 2018 at 9 a.m.
Council Chambers Conference Room
Citizen's Financial Advisory Committee Meeting Agenda
Expenditures Presentation
Paramedic Membership Program
Par 3 School District Maps
Museum Budget Information
Admin Pool Vehicle Analysis
Police Service Delivery Changes
Fire Service Delivery Changes
Library & Museum Service Delivery Changes
Recreation Service Delivery Changes
Development Services Service Delivery Changes
Public Works Service Delivery Changes
City Manager/City Council Service Delivery Changes
City Clerk/City Attorney Service Delivery Changes
Administrative Service Delivery Changes
CIP Funded Expenditures
CalPERS Liability Proposal-Lewis & Ellis
CalPERS Libability Proposal-UFI
October 16, 2018 Meeting Minutes
Oct. 25, 2018 at 8 a.m.
Council Chambers Conference Room
 
Citizen's Financial Advisory Committee Meeting

Agenda 
Thoroughbred Sales Market Information
Keeneland Annual Sales Figures
Equine Sales & Use Tax Review
October 25, 2018 Meeting Minutes

Nov. 7, 2018 at 8 a.m.
Council Chambers Conference Room

Citizen's Financial Advisory Committee Meeting
Agenda
PERS Asset Allocation
CFAC Draft Report
Urban Futures Presentation
November 7, 2018 Meeting Minutes

Dec. 13, 2018 at 9 a.m. 
Council Chambers Conference Room

Citizen's Financial Advisory Committee Meeting Agenda
Draft CFAC Report

 

 Questions


If you have any questions regarding the Citizen's Financial Advisory Committee, please contact Michael Bruckner, Assistant to the City Manager, at (626) 574-5433 or at mbruckner@ArcadiaCA.gov.