Fiscal Sustainability Task Force

Fiscal Sustainability

One of the City Council's strategic objectives is to maintain the City's long-term financial sustainability.  In doing so, the City Council reviews the City's 10-Year Financial Forecast which helps them identify trends, projections or concerns. Projections from June 2016 showed a General Fund deficit by Fiscal Year 2020-21 of $0.9 million, growing to $7.4 million by Fiscal Year 2024-25. Although Fiscal Year 2015-16 included a higher-than-anticipated operating budget surplus, the additional funds will likely push the deficit out just one or two years, thus not alleviating the structural nature of the deficit. At our current service levels, and with future facilities and community services, future expenditures will outpace future revenues.

Formation of a Task Force


At its November 1, 2016, City Council meeting, the City Council approved Staff's recommendation to form an Ad Hoc Fiscal Sustainability Task Force to:

  • Educate the public and foster discussion on the City of Dublin's current and projected financial status; and
  • To produce an advisory document with future budget options for the City Council to consider.

Structure of the Task Force

At their December 6th, 2016 City Council meeting, the City Council approved the Mayor’s recommendations to appoint the following seven members and four alternates to the Task Force:

Members

  1. Chih chi Chu
  2. Jean Josey
  3. George Zika
  4. Dan Mendoza
  5. Jason Canapp
  6. Mike Grant
  7. Kristian Reyes

Alternates

  1. Mathew Lopez
  2. Ravi Banda
  3. Joe Washington
  4. Rebecca Mammen

The Task Force will remain in effect for a one-year term and will meet bi-monthly beginning January 25, 2017.  The final advisory report is tentatively scheduled to be presented to the City Council in January or February 2018, for consideration of any related budget items to be included in the Fiscal Year 2017-18 Budget Update.

Task Force Tentative Schedule



Meetings will be held from 6pm to 8pm.

Meeting #1 - January 25th (Wednesday) - Location: Dublin Library Community Room

Meeting #2 - March 22nd (Wednesday) – Location: City of Dublin Regional Meeting Room

Meeting #3 – May 25th (Thursday) – Location: City of Dublin Regional Meeting Room

Meeting #4 - July 12th (Wednesday) – Location: City of Dublin Regional Meeting Room

Meeting #5 - September 13th (Wednesday) – Location: City of Dublin Regional Meeting Room

Meeting #6 - November 15th (Wednesday) – Location: City of Dublin Regional Meeting Room

Presentation to City Council

Early 2018 (Date to be determined)

Rooms

Dublin Library Community Room  (200 Civic Plaza, Dublin, CA)

City of Dublin Regional Meeting Room  (100 Civic Plaza, Dublin, CA)



For more information, please call City Hall at 925-833-6650 and ask for:

Jay Baksa, Financial Analyst
Hazel Wetherford, Assistant to the City Manager