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05/07/2018 - Summary City of Tigard Budget Committee Summary Monday, May 7,2018, 6:30 PM Public Works Auditorium,Tigard, Oregon 97223 MEMBERS PRESENT (10): Stephanie Veal, Clifford Rone,Tim Cadman,Tom Schweizer, Chris Bence,Liz Newton,Marc Woodard,Jason Snider,John Goodhouse,Tom Anderson MEMBERS ABSENT (1): Mayor John Cook STAFF PRESENT: Marty Wine-City Manager,Toby LaFrance-Finance and Information Services Director,Liz Lutz-Confidential Executive Assistant, Steve Kang-Sr. Management Analyst,Eric Zimmerman-Assistant City Manager,Kathy McMpine-Police Department, Sean Farrelly-Community Development, Sue Garino-Police Department,Lisa Shaw-Police Department,Michelle Wright-Public Works,Laura Barrie-Public Works • Town Center Development Agency (TCDA) FY 2018-2019 Budget Committee meeting 1. Call to Order: Chair Stephanie Veal called the Town Center Development Agency Budget Committee meeting to order. 2. Election of Officers: Stephanie Veal was elected as Chairperson and Clifford Rone was elected Secretary. 3. TCDA Budget Message-Marty Wine • In 2017,voters approved the Tigard Triangle Urban renewal Plan,a 37 acre expansion to the existing urban renewal district. ■ The primary funding source for the districts is tax increment financing,which funds the urban renewal projects. When each district was formed, the assessed valuation of the district was frozen. Property taxes collected on any growth in assessed value above the frozen base (tax increment) go to the TCDA to fund projects within the district. ■ Accomplishments include the following: o With EPA Brownsfields Cleanup grant program funding,the TCDA owned Main Street at Fanno Creek site was cleaned up for redevelopment. o The 165 unit Attwell Off Main mixed-use development was opened in May,2017. o Three properties/businesses completed matching grant-funded building improvements, to help strengthen downtown's walkable business district. City of Tigard Budget Committee Page 1 ■ The new Tigard Triangle has its challenges,with stores, offices and dirt roads mixed together. It will take a while for the increment to build up, so we are using this time to put together a financial plan, develop an equitable development strategy and create early designs on prioritized renewal projects,with the help of Metro grant. One of the initial expenditures is the development assistance to support a new Community Partners for Affordable housing apartment building in the district. ■ Upcoming projects include the construction of the Tigard Rotary Plaza, and we will continue to make improvement program matching grants available to encourage new business investment in the district. 4. ICDA Budget Approval-Clifford Rone asked how the property tax was determined for the Urban Renewal district-Councilor Snider answered his question. It was moved and 2"d to approve the TCDA budget as proposed. This motion passed. 5. The TCDA Budget Committee was adjourned. • City of Tigard FY 2018-2019 Budget Committee Meeting 1. Approve minutes from the 4/23/18 meeting-It was moved and 2nd to approve the minutes as written. Motion passed. 2. Review Answers to Budget Committee Questions from 4/23/18. There was a clarification requested regarding the cost allocation for the new funds,PW Administration and PW Engineering. This question was answered by Toby LaFrance in the following way: Administration is allocated using total expenditures; FTE and direct allocation. Engineering is allocated using total expenditures;FTE,Direct Allocable and Direct Non-Allocable billable hours. 3. Public Comment: a. Cann Grover asked about the funding for the library,between the WCCLS and the city's general fund, and about city events. She asked what is the average cost,per user per day at the library? b. Matt Conwell commented on expenses vs. revenues and suggested if there was an expense reduction, the city would have additional funding. He mentioned that the CERT program saves the city money. 4. Questions/discussion regarding the FY 2018-19 Proposed Budget: The following questions from the Budget Committee will be addressed by staff. a. Create policy statement for emergency fund and provide something for the Budget Committee b. Comparing FY 2016-17 actual,FY 2017-18 revised,FY 2018-19 Proposed Budget for the following line items: i. Electrical Utility ii. Vehicles iii. Travel iv. Dues c. Economic Development-contractual/professional services-what is included in this line item? d. Economic Development Division-what does this division look like without an Economic Development Manager?What does this division do now and what is it no longer doing? City of Tigard Budget Committee Page 2 e. Contracted consulting costs-the committee asked for an analysis of this item out of the general fund. The meeting was recessed at 8:00pm. Liz Lutz,Co fidentialecutive Assistant ATTEST: Clifforl Rone,Secretary The next Budget Committee meeting will be held on Monday, May 21,2018 at the Public Works Auditorium, beginning at 6:30pm. City of Tigard Budget Committee Page 3