1 00:02:51,604 --> 00:03:01,814 [MUSIC] [MUSIC] 2 00:03:08,021 --> 00:03:09,689 -- THE OCTOBER 13th, 2026 SELECT 3 00:03:09,689 --> 00:03:10,657 BUDGET COMMITTEE MEETING WILL 4 00:03:10,657 --> 00:03:12,325 COME TO ORDER. IT IS 9:31 A.M.. 5 00:03:12,325 --> 00:03:13,993 I'M DAN STRAUSS, CHAIR OF THE 6 00:03:13,993 --> 00:03:18,298 COMMITTEE. AND WE HAVE A COUPLE 7 00:03:18,298 --> 00:03:18,898 COUNCILMEMBERS EXCUSED UNTIL 8 00:03:18,898 --> 00:03:19,832 THEY ARRIVE. AND UNTIL THEN, 9 00:03:19,832 --> 00:03:21,401 CLERK, WILL YOU PLEASE CALL THE 10 00:03:21,401 --> 00:03:25,071 ROLL? 11 00:03:25,071 --> 00:03:25,572 -- COUNCILMEMBER SAKA. 12 00:03:25,572 --> 00:03:26,973 -- HERE. 13 00:03:26,973 --> 00:03:28,341 -- COUNCILMEMBER FOSTER. HERE. 14 00:03:28,341 --> 00:03:28,775 COUNCIL PRESIDENT. 15 00:03:28,775 --> 00:03:35,248 HOLLINGSWORTH. COUNCILMEMBER 16 00:03:35,248 --> 00:03:35,848 JUAREZ. COUNCILMEMBER KETTLE. 17 00:03:35,848 --> 00:03:36,482 HERE. COUNCILMEMBER LIN. HERE. 18 00:03:36,482 --> 00:03:37,417 COUNCILMEMBER RINCK. HERE. 19 00:03:37,417 --> 00:03:39,586 COUNCILMEMBER RIVERA. PRESENT 20 00:03:39,586 --> 00:03:40,520 AND CHAIR STRAUSS SEVEN. 21 00:03:40,520 --> 00:03:40,787 PRESENT. 22 00:03:40,787 --> 00:03:42,956 -- THANK YOU. TODAY WE HAVE ON 23 00:03:42,956 --> 00:03:45,191 THE AGENDA AN INTRODUCTION AND 24 00:03:45,191 --> 00:03:47,293 OVERVIEW OF THE BUDGET PROCESS 25 00:03:47,293 --> 00:03:49,996 TO DATE. GENERAL FUND BALANCING 26 00:03:49,996 --> 00:03:51,230 AND SUSTAINABILITY ANALYSIS. 27 00:03:51,230 --> 00:03:53,299 PRESENTATION ABOUT VOLUNTARY 28 00:03:53,299 --> 00:03:55,468 SEPARATIONS. AND THEN WE'LL MOVE 29 00:03:55,468 --> 00:03:57,937 INTO DEPARTMENT PRESENTATION 30 00:03:57,937 --> 00:03:58,972 ANALYSIS OF DEPARTMENTS. FIRST, 31 00:03:58,972 --> 00:04:00,373 THE OFFICE OF PLANNING AND 32 00:04:00,373 --> 00:04:01,007 COMMUNITY DEVELOPMENT, FOLLOWED 33 00:04:01,007 --> 00:04:02,809 BY SEATTLE DEPARTMENT OF 34 00:04:02,809 --> 00:04:04,577 CONSTRUCTION AND INSPECTIONS. 35 00:04:04,577 --> 00:04:05,678 BEFORE WE BEGIN, IF THERE IS NO 36 00:04:05,678 --> 00:04:07,180 OBJECTION, THE AGENDA WILL BE 37 00:04:07,180 --> 00:04:09,382 ADOPTED. HEARING NO OBJECTION, 38 00:04:09,382 --> 00:04:11,484 THE AGENDA IS ADOPTED. I WILL BE 39 00:04:11,484 --> 00:04:13,686 CALLING FOR A ONE HOUR BREAK 40 00:04:13,686 --> 00:04:16,089 TODAY AT LUNCHTIME, HOPEFULLY 41 00:04:16,089 --> 00:04:18,124 AROUND THE NOON HOUR. WE WILL 42 00:04:18,124 --> 00:04:19,726 ALSO BE HAVE A PROCLAMATION FOR 43 00:04:19,726 --> 00:04:21,127 SIGNATURE. TODAY WE HAVE A 44 00:04:21,127 --> 00:04:23,596 DELEGATION FROM OUR SISTER CITY 45 00:04:23,596 --> 00:04:24,731 IN CHINA, CHONGQING, THAT WILL 46 00:04:24,731 --> 00:04:27,800 VISIT US AT ABOUT 115. 1:20 47 00:04:27,800 --> 00:04:29,035 P.M.. TODAY WE'LL HAVE THEM COME 48 00:04:29,035 --> 00:04:30,770 UP TO THE DAIS IN USUAL FORM TO 49 00:04:30,770 --> 00:04:33,139 TAKE A PHOTO. BUT WHEN? PROBABLY 50 00:04:33,139 --> 00:04:34,540 BETWEEN PRESENTATIONS, WHEN WE 51 00:04:34,540 --> 00:04:35,975 HAVE THE FULL QUORUM HERE, 52 00:04:35,975 --> 00:04:38,144 THAT'S WHEN I'LL ASK FOR 53 00:04:38,144 --> 00:04:39,412 SIGNATURES. DO WE HAVE ANY 54 00:04:39,412 --> 00:04:40,747 QUESTIONS BEFORE WE MOVE ON TO 55 00:04:40,747 --> 00:04:45,418 PUBLIC COMMENT? SEEING NONE, I 56 00:04:45,418 --> 00:04:46,719 AM GOING TO MOVE US INTO PUBLIC. 57 00:04:46,719 --> 00:04:48,521 THE HYBRID PUBLIC COMMENT 58 00:04:48,521 --> 00:04:49,756 PERIOD. PUBLIC COMMENTS SHOULD 59 00:04:49,756 --> 00:04:50,990 RELATE TO ITEMS ON TODAY'S 60 00:04:50,990 --> 00:04:52,525 AGENDA WITHIN THE PURVIEW OF THE 61 00:04:52,525 --> 00:04:54,894 SELECT COMMITTEE. THIS IS THE 62 00:04:54,894 --> 00:04:56,229 FIRST OF OR THE SECOND OF SIX 63 00:04:56,229 --> 00:04:58,665 PUBLIC COMMENT PERIODS, AND 64 00:04:58,665 --> 00:05:00,466 WE'VE HAD ONE PUBLIC HEARING. 65 00:05:00,466 --> 00:05:01,134 WE'LL HAVE ANOTHER ONE DURING 66 00:05:01,134 --> 00:05:04,370 THIS BUDGET PROCESS. PHIL, HOW 67 00:05:04,370 --> 00:05:06,406 MANY SPEAKERS DO WE HAVE SIGNED 68 00:05:06,406 --> 00:05:06,673 UP TODAY? 69 00:05:06,673 --> 00:05:07,840 -- WE CURRENTLY HAVE SIX 70 00:05:07,840 --> 00:05:09,275 IN-PERSON AND SIX REMOTE 71 00:05:09,275 --> 00:05:10,143 SPEAKERS SIGNED UP. 72 00:05:10,143 --> 00:05:11,711 -- WONDERFUL. SO THAT IS TOTAL 73 00:05:11,711 --> 00:05:13,146 OF 12, WHICH MEANS FOLKS WILL 74 00:05:13,146 --> 00:05:15,748 HAVE EACH SPEAKER WILL HAVE TWO 75 00:05:15,748 --> 00:05:18,017 MINUTES. AND WE WILL START WITH 76 00:05:18,017 --> 00:05:19,552 THE IN-PERSON COMMENTERS FIRST, 77 00:05:19,552 --> 00:05:21,621 FOLLOWED BY ONLINE. ONLINE 78 00:05:21,621 --> 00:05:23,089 PUBLIC COMMENT PERIOD WILL BE 79 00:05:23,089 --> 00:05:23,856 MONITORED IN THE FOLLOWING 80 00:05:23,856 --> 00:05:25,658 MANNER. PUBLIC COMMENT PERIOD IS 81 00:05:25,658 --> 00:05:27,193 UP TO 20 MINUTES. SPEAKERS WILL 82 00:05:27,193 --> 00:05:29,829 BE CALLED IN THE ORDER IN WHICH 83 00:05:29,829 --> 00:05:31,064 THEY REGISTERED. SPEAKERS WILL 84 00:05:31,064 --> 00:05:31,831 ALTERNATE FIRST, WILL DO IN 85 00:05:31,831 --> 00:05:34,834 PERSON, AND THEN WILL DO ONLINE, 86 00:05:34,834 --> 00:05:36,269 AND THE PUBLIC COMMENT PERIOD IS 87 00:05:36,269 --> 00:05:38,404 NOW OPEN. WE'LL BEGIN WITH THE 88 00:05:38,404 --> 00:05:42,942 FIRST FOLKS IN PERSON. WE HAVE 89 00:05:42,942 --> 00:05:46,145 KRISTINAE MATT OFFENBACHER, 90 00:05:46,145 --> 00:05:48,414 JASON AUSTIN, JEREMY REDLICH, 91 00:05:48,414 --> 00:05:49,615 STEVE ROB, AND CRYSTAL BALL. AND 92 00:05:49,615 --> 00:05:50,383 IF ANYONE ELSE HAS SHOWN UP THAT 93 00:05:50,383 --> 00:05:52,185 WOULD LIKE TO PROVIDE PUBLIC 94 00:05:52,185 --> 00:05:53,286 COMMENT, JUST SIGN UP ON THE 95 00:05:53,286 --> 00:05:55,254 SHEET HERE AND WE'LL GET YOU AT 96 00:05:55,254 --> 00:05:56,489 THE END. WITH THAT, FOLKS ARE 97 00:05:56,489 --> 00:05:58,825 HAPPY TO LINE UP AND WE'LL JUST 98 00:05:58,825 --> 00:05:59,826 ROLL RIGHT ON THROUGH. GOOD 99 00:05:59,826 --> 00:06:01,060 MORNING CHRIS. GOOD TO SEE YOU. 100 00:06:01,060 --> 00:06:02,862 -- GOOD MORNING. MY NAME IS 101 00:06:02,862 --> 00:06:06,866 CHRIS. I'M A DISTRICT. I'M A 102 00:06:06,866 --> 00:06:09,302 RESIDENT OF DISTRICT SIX. THANK 103 00:06:09,302 --> 00:06:11,104 YOU. I'M A RESIDENT OF DISTRICT 104 00:06:11,104 --> 00:06:12,538 SIX AND I'M A CO-OWNER OF 105 00:06:12,538 --> 00:06:14,640 FARMSTAND LOCAL FOODS, WHICH IS 106 00:06:14,640 --> 00:06:16,042 A FOOD WAREHOUSE, A FOOD HUB IN 107 00:06:16,042 --> 00:06:19,112 ITS WAREHOUSE IS LOCATED IN 108 00:06:19,112 --> 00:06:20,747 DISTRICT ONE. I'M HERE TO THANK 109 00:06:20,747 --> 00:06:23,249 THE MAYOR FOR SUSTAINING THE 110 00:06:23,249 --> 00:06:25,685 BUDGET FOR MEAL PROGRAMS AND THE 111 00:06:25,685 --> 00:06:27,987 FRESHBOOKS PROGRAM, AND THANK 112 00:06:27,987 --> 00:06:30,923 HOLLINGSWORTH AND RINCK FOR 113 00:06:30,923 --> 00:06:32,058 CHAMPIONING THOSE CAUSES, AS 114 00:06:32,058 --> 00:06:34,060 WELL AS BUDGET CHAIR STRAUSS FOR 115 00:06:34,060 --> 00:06:36,162 FACILITATING THE PROCESS. AS A 116 00:06:36,162 --> 00:06:39,165 SMALL BUSINESS OWNER, I STAND 117 00:06:39,165 --> 00:06:41,000 BEHIND EACH MEMBER THAT HAS 118 00:06:41,000 --> 00:06:42,835 BUSINESS ACCOUNTABILITY, TOP OF 119 00:06:42,835 --> 00:06:45,304 MIND. I'VE BEEN INVOLVED IN 120 00:06:45,304 --> 00:06:46,739 BOTH GOVERNMENT INVESTMENT AND 121 00:06:46,739 --> 00:06:49,408 ACROSS THE BOARD, AND I'M HERE 122 00:06:49,408 --> 00:06:51,978 BECAUSE OF THAT. THESE PROGRAMS 123 00:06:51,978 --> 00:06:54,080 ARE THE EPITOME OF EFFICIENCY 124 00:06:54,080 --> 00:06:55,481 AND EFFECTIVENESS WHEN IT COMES 125 00:06:55,481 --> 00:06:57,650 TO DOLLAR SPENT. THE FUNDING 126 00:06:57,650 --> 00:06:59,719 ITSELF WILL BE OUTMATCHED BY 127 00:06:59,719 --> 00:07:00,987 FARMERS BLOOD, SWEAT AND TEARS, 128 00:07:00,987 --> 00:07:04,423 AS WELL AS FOOD, MEAL PROGRAM 129 00:07:04,423 --> 00:07:06,492 STAFF AND PRESCHOOL STAFF, WHICH 130 00:07:06,492 --> 00:07:08,161 IS PART OF WHAT WE HELP 131 00:07:08,161 --> 00:07:10,196 IMPLEMENT. IN FACT, THE CITY'S 132 00:07:10,196 --> 00:07:11,931 OWN REPORTING WITH UW 133 00:07:11,931 --> 00:07:14,033 DEMONSTRATED THAT EVERY DOLLAR 134 00:07:14,033 --> 00:07:16,536 THAT'S SPENT WITH LOCAL FARMS 135 00:07:16,536 --> 00:07:17,270 TURNS INTO $1.80 OF ECONOMIC 136 00:07:17,270 --> 00:07:21,174 ACTIVITY THIS FUNDING NOT ONLY 137 00:07:21,174 --> 00:07:23,876 STOKES OUR IMMEDIATE ECONOMY AND 138 00:07:23,876 --> 00:07:25,411 THE JOB PROCESS, THE JOB 139 00:07:25,411 --> 00:07:26,412 PROSPECTS THAT WE ARE ALL 140 00:07:26,412 --> 00:07:29,148 LOOKING FOR, BUT ALSO ENSURES 141 00:07:29,148 --> 00:07:32,752 OUR CITY IS AN UNWITTINGLY HELD 142 00:07:32,752 --> 00:07:35,688 FOOD INTO A FOOD SIEGE BY 143 00:07:35,688 --> 00:07:36,289 CORPORATE FOOD EXECUTIVES WHO 144 00:07:36,289 --> 00:07:37,757 WOULDN'T STAY WITH ANY COMPANY 145 00:07:37,757 --> 00:07:41,027 IF THEIR INDIVIDUAL MODEST 146 00:07:41,027 --> 00:07:41,894 RETURNS WERE ON THE SAME 147 00:07:41,894 --> 00:07:44,063 TIMELINES AS MANY OF OUR 148 00:07:44,063 --> 00:07:46,032 FARMERS. THESE FARMERS ARE WHAT 149 00:07:46,032 --> 00:07:48,167 BRING US THAT FOOD SECURITY AND 150 00:07:48,167 --> 00:07:50,970 ENSURE THERE'S BOTH DIGNITY, 151 00:07:50,970 --> 00:07:53,306 JOB PROSPECTS AND GREAT THINGS 152 00:07:53,306 --> 00:07:56,976 TO EAT FOR OUR CITY AND REGION. 153 00:07:56,976 --> 00:07:57,577 WHAT MORE COULD A COUNCIL ASK 154 00:07:57,577 --> 00:07:59,612 FOR THAN THIS EFFECTIVE USE OF 155 00:07:59,612 --> 00:08:01,914 DOLLARS? THANK YOU. 156 00:08:01,914 --> 00:08:02,982 -- THANK YOU CHRIS. UP NEXT WE 157 00:08:02,982 --> 00:08:04,383 HAVE MATT, FOLLOWED BY JASON AND 158 00:08:04,383 --> 00:08:06,652 THEN JEREMY. MATT, GREAT TO SEE 159 00:08:06,652 --> 00:08:06,853 YOU. 160 00:08:06,853 --> 00:08:09,455 -- YOU TOO. THANKS, COUNCIL, FOR 161 00:08:09,455 --> 00:08:10,690 THIS CHANCE TO TALK TO YOU THIS 162 00:08:10,690 --> 00:08:12,091 MORNING. MY NAME IS MATTHEW 163 00:08:12,091 --> 00:08:13,559 OFFENBACHER. I'M A RESIDENT OF 164 00:08:13,559 --> 00:08:15,495 CAPITOL HILL. I'M AN ARTIST, 165 00:08:15,495 --> 00:08:17,997 SMALL BUSINESS OWNER IN SOTO AND 166 00:08:17,997 --> 00:08:20,299 CURRENTLY SERVING AS A COMMUNITY 167 00:08:20,299 --> 00:08:22,935 ADVISOR ON THE ARTS AT KING 168 00:08:22,935 --> 00:08:24,203 STREET STATION. SPACE THAT THE 169 00:08:24,203 --> 00:08:27,073 CITY RUNS ABOVE THE AMTRAK 170 00:08:27,073 --> 00:08:29,308 STATION. AYE. THIS IS A FUNKY 171 00:08:29,308 --> 00:08:31,377 MICROPHONE. I AM HERE TODAY 172 00:08:31,377 --> 00:08:32,211 BECAUSE I WANTED TO MAKE SURE 173 00:08:32,211 --> 00:08:33,813 THAT YOU READ THE LETTER THAT 174 00:08:33,813 --> 00:08:35,948 WAS SENT TO YOU BY OVER 700 175 00:08:35,948 --> 00:08:37,750 SEATTLE ARTISTS AND MORE THAN 176 00:08:37,750 --> 00:08:40,286 110 COMMUNITY ORGANIZATIONS 177 00:08:40,286 --> 00:08:42,455 CALLING ON YOU TO VALUE US AS 178 00:08:42,455 --> 00:08:45,324 ESSENTIAL PUBLIC SAFETY AND 179 00:08:45,324 --> 00:08:48,995 WELLNESS WORKERS BY MOVING $8 180 00:08:48,995 --> 00:08:50,096 MILLION FROM SPD'S BUDGET TO 181 00:08:50,096 --> 00:08:52,031 THE OFFICE OF ARTS AND CULTURE. 182 00:08:52,031 --> 00:08:53,900 THE KEY PART OF THE LETTER SAYS 183 00:08:53,900 --> 00:08:56,235 THAT ART AND CULTURAL 184 00:08:56,235 --> 00:08:58,504 PLACEMAKING IS PUBLIC SAFETY 185 00:08:58,504 --> 00:08:59,772 INFRASTRUCTURE, AND YOU MIGHT BE 186 00:08:59,772 --> 00:09:01,674 ASKING YOURSELF, LIKE IN THIS 187 00:09:01,674 --> 00:09:02,575 TIGHT BUDGET SEASON, WHERE CAN 188 00:09:02,575 --> 00:09:04,410 YOU FIND THE MONEY FOR THIS 189 00:09:04,410 --> 00:09:05,378 EXPENSE? AND I HAVE TWO IDEAS 190 00:09:05,378 --> 00:09:09,782 FOR YOU. THE FIRST IDEA IS TO 191 00:09:09,782 --> 00:09:11,817 PROVISO THE $13 MILLION FROM 192 00:09:11,817 --> 00:09:12,485 SPD'S PAYROLL THAT THEY OVERPAID 193 00:09:12,485 --> 00:09:17,156 LAST YEAR. FROM THE OCCIDENTAL 194 00:09:17,156 --> 00:09:17,790 OVER RETROACTIVE OVERPAYMENT. SO 195 00:09:17,790 --> 00:09:20,726 IF YOU PROVISO THAT, THEN YOU 196 00:09:20,726 --> 00:09:23,329 CAN MAKE IT CONTINGENT ON THEM 197 00:09:23,329 --> 00:09:26,666 RECOVERING THE MONEY NEXT YEAR, 198 00:09:26,666 --> 00:09:27,300 AND YOU CAN REALLOCATE THAT $13 199 00:09:27,300 --> 00:09:28,668 MILLION. DOING SO WOULD ALSO 200 00:09:28,668 --> 00:09:30,503 HAVE THE ADDITIONAL BENEFIT OF 201 00:09:30,503 --> 00:09:32,305 SIGNALING TO THE PUBLIC THAT 202 00:09:32,305 --> 00:09:35,341 YOU'RE HOLDING SPD ACCOUNTABLE 203 00:09:35,341 --> 00:09:36,776 AND ALSO PROVIDE THE DEPARTMENT, 204 00:09:36,776 --> 00:09:38,678 THE POLICE DEPARTMENT, SOME 205 00:09:38,678 --> 00:09:40,046 MOTIVATION TO GET BUSY WITH 206 00:09:40,046 --> 00:09:42,515 GETTING THAT MONEY BACK. THE 207 00:09:42,515 --> 00:09:43,716 OTHER IDEA THAT I HAD FOR YOU, I 208 00:09:43,716 --> 00:09:46,519 THINK I HAVE TIME, IS TO CUT THE 209 00:09:46,519 --> 00:09:49,488 FUNDING FOR SPD'S POLICE 210 00:09:49,488 --> 00:09:51,023 OUTREACH AND ENGAGEMENT TEAM. I 211 00:09:51,023 --> 00:09:53,092 HAVE TO SAY, FOR ME PERSONALLY, 212 00:09:53,092 --> 00:09:55,528 SEEING OFFICERS WALKING AROUND 213 00:09:55,528 --> 00:09:56,462 COMMUNITY EVENTS WITH THE 214 00:09:56,462 --> 00:09:58,130 LETTERS P O, E T EMBLAZONED ON 215 00:09:58,130 --> 00:10:00,700 THE BACK OF THEIR FLAK JACKETS 216 00:10:00,700 --> 00:10:04,003 IS UNIQUELY OFFENSIVE. AND SO 217 00:10:04,003 --> 00:10:06,172 INSTEAD, I ASK YOU TO PLEASE 218 00:10:06,172 --> 00:10:07,506 FUND SEATTLE'S REAL POETS, 219 00:10:07,506 --> 00:10:09,809 ARTISTS, WRITERS, DANCERS, 220 00:10:09,809 --> 00:10:10,910 PERFORMERS, AND MUSICIANS WHO DO 221 00:10:10,910 --> 00:10:13,145 THE WORK OF MAKING OUR COMMUNITY 222 00:10:13,145 --> 00:10:14,747 SAFER. THANK YOU. 223 00:10:14,747 --> 00:10:16,315 -- THANKS, MATT. UP NEXT, WE 224 00:10:16,315 --> 00:10:17,416 HAVE JASON AUSTIN, FOLLOWED BY 225 00:10:17,416 --> 00:10:21,854 JEREMY REPUBLIC. JASON, GOOD 226 00:10:21,854 --> 00:10:22,722 MORNING. AND JEREMY, IF YOU WANT 227 00:10:22,722 --> 00:10:23,990 TO LINE UP RIGHT BEHIND JASON SO 228 00:10:23,990 --> 00:10:25,491 WE CAN KEEP ROLLING. GOOD 229 00:10:25,491 --> 00:10:28,628 MORNING. 230 00:10:28,628 --> 00:10:29,996 -- OKAY. GOOD MORNING, BUDGET 231 00:10:29,996 --> 00:10:31,097 CHAIR STRAUSS AND MEMBERS OF THE 232 00:10:31,097 --> 00:10:32,598 COUNCIL. MY NAME IS JASON AUSTIN 233 00:10:32,598 --> 00:10:34,166 AND I AM THE PROGRAM DIRECTOR 234 00:10:34,166 --> 00:10:35,801 WITH THE MEALS PARTNERSHIP 235 00:10:35,801 --> 00:10:36,936 COALITION. I AM HERE TODAY TO 236 00:10:36,936 --> 00:10:38,437 SPEAK IN FAVOR OF PERMANENT 237 00:10:38,437 --> 00:10:39,905 FUNDING FOR FOOD ACCESS. I WANT 238 00:10:39,905 --> 00:10:42,908 TO THANK THE MAYOR FOR INCLUDING 239 00:10:42,908 --> 00:10:44,977 $1 MILLION IN PERMANENT, 240 00:10:44,977 --> 00:10:45,544 SUSTAINED FUNDING FOR MEAL 241 00:10:45,544 --> 00:10:46,879 PROGRAMS IN THE 2027 BUDGET. I 242 00:10:46,879 --> 00:10:48,748 URGE THE COUNCIL TO SUSTAIN THIS 243 00:10:48,748 --> 00:10:50,249 INVESTMENT IN THE FINAL BUDGET. 244 00:10:50,249 --> 00:10:54,020 AND I ALSO WANT TO THANK COUNCIL 245 00:10:54,020 --> 00:10:54,587 PRESIDENT HOLLINGSWORTH AND 246 00:10:54,587 --> 00:10:55,988 COUNCILMEMBERS RINCK AND FOSTER 247 00:10:55,988 --> 00:10:58,324 FOR THEIR SUPPORT OF FOOD ACCESS 248 00:10:58,324 --> 00:11:00,126 FUNDING. THE FUNDING INCLUDED. 249 00:11:00,126 --> 00:11:02,328 THE MAYOR'S BUDGET SUPPORTS AN 250 00:11:02,328 --> 00:11:04,697 ECOSYSTEM OF 58 ORGANIZATIONS 251 00:11:04,697 --> 00:11:06,232 ACROSS THE CITY, EACH ONE 252 00:11:06,232 --> 00:11:08,567 MEETING A UNIQUE NEED NOT SERVED 253 00:11:08,567 --> 00:11:10,636 BY OTHER ORGANIZATIONS. THIS 254 00:11:10,636 --> 00:11:12,505 FUNDING SUPPORTS PROGRAMS SUCH 255 00:11:12,505 --> 00:11:13,839 AS THE SOUTHEAST SEATTLE SENIOR 256 00:11:13,839 --> 00:11:15,708 CENTER. THE SENIOR CENTER IS 257 00:11:15,708 --> 00:11:17,443 TYPICALLY THE FIRST TO SPEND 258 00:11:17,443 --> 00:11:19,378 THROUGH THEIR ALLOTMENT OF AIDS. 259 00:11:19,378 --> 00:11:21,147 SENIOR NUTRITION FUNDING EACH 260 00:11:21,147 --> 00:11:22,648 YEAR, RELYING ON MPC SUPPORT TO 261 00:11:22,648 --> 00:11:25,451 BE ABLE TO FEED THEIR FOLKS 12 262 00:11:25,451 --> 00:11:27,953 MONTHS OUT OF THE YEAR. THIS 263 00:11:27,953 --> 00:11:28,421 FUNDING ALSO SUPPORTS 264 00:11:28,421 --> 00:11:29,889 ORGANIZATIONS SUCH AS ELIZABETH 265 00:11:29,889 --> 00:11:31,791 GREGORY HOME, A DAY CENTER AND 266 00:11:31,791 --> 00:11:33,292 EMERGENCY HOUSING PROVIDER FOR 267 00:11:33,292 --> 00:11:35,628 WOMEN IN THE UNIVERSITY 268 00:11:35,628 --> 00:11:36,462 DISTRICT. ELIZABETH GREGORY HAS 269 00:11:36,462 --> 00:11:39,131 SEEN THEIR MEAL COUNT NUMBERS 270 00:11:39,131 --> 00:11:40,633 INCREASE BY OVER 50% SINCE THE 271 00:11:40,633 --> 00:11:42,735 CLOSURE OF THE MARY'S PLACE DAY 272 00:11:42,735 --> 00:11:44,670 CENTER IN 2025. I COULD GO ON 273 00:11:44,670 --> 00:11:46,505 EVERY SINGLE NEIGHBORHOOD IN 274 00:11:46,505 --> 00:11:48,941 SEATTLE CONTAINS AT LEAST ONE 275 00:11:48,941 --> 00:11:50,309 MPC PROGRAM, WORKING HARD TO 276 00:11:50,309 --> 00:11:51,744 MEET THE NUTRITIONAL NEEDS OF 277 00:11:51,744 --> 00:11:56,248 OUR COMMUNITY. AGAIN, I WANT TO 278 00:11:56,248 --> 00:11:56,782 THANK YOU FOR SUPPORTING 279 00:11:56,782 --> 00:11:57,383 PREVIOUS INVESTMENTS IN MEAL 280 00:11:57,383 --> 00:11:57,950 PROGRAMS, AND I URGE YOU TO 281 00:11:57,950 --> 00:11:58,751 SUSTAIN THIS INVESTMENT IN THE 282 00:11:58,751 --> 00:12:00,619 FINAL BUDGET. THANK YOU FOR YOUR 283 00:12:00,619 --> 00:12:00,820 TIME. 284 00:12:00,820 --> 00:12:03,622 -- THANK YOU. UP NEXT, WE HAVE 285 00:12:03,622 --> 00:12:05,825 JEREMY AND THEN STEVE, FOLLOWED 286 00:12:05,825 --> 00:12:08,961 BY CRYSTAL. GOOD MORNING JEREMY. 287 00:12:08,961 --> 00:12:11,297 AND I WOULD ADJUST THAT 288 00:12:11,297 --> 00:12:13,299 MICROPHONE. THERE YOU GO. HOW'S 289 00:12:13,299 --> 00:12:13,666 THAT? PERFECT. 290 00:12:13,666 --> 00:12:16,902 -- ALL RIGHT. HELLO, COUNCIL. 291 00:12:16,902 --> 00:12:17,903 THANK YOU FOR TAKING THE TIME TO 292 00:12:17,903 --> 00:12:19,138 LISTEN. MY NAME IS JEREMY 293 00:12:19,138 --> 00:12:21,073 VRABLIC, AND I AM THE OWNER OF 294 00:12:21,073 --> 00:12:23,476 CASCADIA PRODUCE. WE ARE A FOOD 295 00:12:23,476 --> 00:12:25,311 AGGREGATION AND REDISTRIBUTION 296 00:12:25,311 --> 00:12:27,413 WAREHOUSE. WE'RE ACTUALLY 297 00:12:27,413 --> 00:12:28,714 LOCATED OUTSIDE OF THE CITY OF 298 00:12:28,714 --> 00:12:29,949 SEATTLE, BUT DO A FAIR AMOUNT OF 299 00:12:29,949 --> 00:12:33,119 WORK IN THE CITY, BOTH WITH 300 00:12:33,119 --> 00:12:34,887 FARMSTAND AND WITH THE MPC 301 00:12:34,887 --> 00:12:37,356 PROGRAM, ALONG WITH THE SEATTLE 302 00:12:37,356 --> 00:12:38,858 FOOD COMMITTEE. AND I'M HERE 303 00:12:38,858 --> 00:12:41,527 TODAY TO SPEAK IN FAVOR OF THE 304 00:12:41,527 --> 00:12:42,595 PROPOSED BUDGET FROM THE MAYOR 305 00:12:42,595 --> 00:12:43,963 TO BE ABLE TO CONTINUE TO 306 00:12:43,963 --> 00:12:45,965 SUPPORT THESE PROGRAMS. THE 307 00:12:45,965 --> 00:12:49,268 FUNDING THAT COMES FROM THOSE 308 00:12:49,268 --> 00:12:51,804 PROGRAMS DIRECTLY AFFECT EVERY 309 00:12:51,804 --> 00:12:52,404 SINGLE INDIVIDUAL THROUGHOUT 310 00:12:52,404 --> 00:12:55,641 THIS CITY. WE ARE PROUD TO BE A 311 00:12:55,641 --> 00:12:57,476 PART OF THE FRESH BUCKS PROGRAM 312 00:12:57,476 --> 00:13:00,079 AS WELL. WE HAD A RETAIL STORE 313 00:13:00,079 --> 00:13:01,981 AND WE'VE TRANSITIONED TO ALL 314 00:13:01,981 --> 00:13:04,016 ONLINE DELIVERIES ON THAT. AND 315 00:13:04,016 --> 00:13:05,417 THAT PROGRAM IN PARTICULAR, 316 00:13:05,417 --> 00:13:06,519 REACHING OUT TO PEOPLE ACROSS 317 00:13:06,519 --> 00:13:08,254 THE WHOLE CITY TO MAKE SURE THAT 318 00:13:08,254 --> 00:13:09,755 THEY HAVE FRESH PRODUCE, FRESH 319 00:13:09,755 --> 00:13:11,590 FRUITS AND VEGETABLES TO EAT IS, 320 00:13:11,590 --> 00:13:13,292 IS PARAMOUNT TO MAKING SURE THAT 321 00:13:13,292 --> 00:13:17,263 WE HAVE A SAFE, SECURE AND WELL 322 00:13:17,263 --> 00:13:19,198 FED, LITERALLY SOCIETY. WE WERE 323 00:13:19,198 --> 00:13:22,268 ABLE TO INTERACT WITH ONE PERSON 324 00:13:22,268 --> 00:13:23,636 WHO SHE'S AN ELDERLY LADY WHO 325 00:13:23,636 --> 00:13:24,670 LIVES TOWARDS THE NORTH OF THE 326 00:13:24,670 --> 00:13:27,740 CITY, AND SHE ONLY HAS ENOUGH 327 00:13:27,740 --> 00:13:30,042 MONEY TO TAKE UBER TO THE STORE 328 00:13:30,042 --> 00:13:30,976 ONE TIME A MONTH. AND IT IS 329 00:13:30,976 --> 00:13:32,278 BECAUSE OF FRESH BUCKS THAT 330 00:13:32,278 --> 00:13:35,214 SHE'S ABLE TO GO AND PURCHASE 331 00:13:35,214 --> 00:13:37,149 FROZEN FRUITS AND VEGETABLES TO 332 00:13:37,149 --> 00:13:37,817 BE ABLE TO BRING THEM BACK. SO 333 00:13:37,817 --> 00:13:39,351 SHE HAS ENOUGH TO EAT FOR THE 334 00:13:39,351 --> 00:13:40,686 MONTH. WE'VE NOW BEEN ABLE TO 335 00:13:40,686 --> 00:13:42,454 INTERACT WITH HER AND BE ABLE TO 336 00:13:42,454 --> 00:13:45,090 GET FRESH PRODUCE TO HER. THIS 337 00:13:45,090 --> 00:13:46,559 PROGRAM, ALONG WITH THE MEAL 338 00:13:46,559 --> 00:13:49,128 PROGRAM, IS WHAT IS REALLY 339 00:13:49,128 --> 00:13:51,130 BINDING THE CITY TOGETHER AND 340 00:13:51,130 --> 00:13:52,631 ENSURING THAT WE ALL ARE CARING 341 00:13:52,631 --> 00:13:55,100 FOR OUR NEIGHBORS APPROPRIATELY. 342 00:13:55,100 --> 00:13:57,937 SO I URGE YOU TO PLEASE CONTINUE 343 00:13:57,937 --> 00:13:59,271 THIS FUNDING. THANK YOU VERY 344 00:13:59,271 --> 00:14:00,139 MUCH. 345 00:14:00,139 --> 00:14:02,241 -- THANK YOU SO MUCH, JEREMY. UP 346 00:14:02,241 --> 00:14:03,742 NEXT IS STEVE, FOLLOWED BY 347 00:14:03,742 --> 00:14:05,177 CRYSTAL BALL. STEVE. GOOD 348 00:14:05,177 --> 00:14:07,947 MORNING TO YOU. 349 00:14:07,947 --> 00:14:10,115 -- GOOD MORNING. I'M HERE TO 350 00:14:10,115 --> 00:14:12,484 SPEAK PRIMARILY THIS MORNING. 351 00:14:12,484 --> 00:14:15,087 START WITH PUBLIC SAFETY. WE 352 00:14:15,087 --> 00:14:18,924 DON'T GOT IT. IT'S BEEN A 353 00:14:18,924 --> 00:14:20,392 LONG, LONG TIME. YOU KNOW, I 354 00:14:20,392 --> 00:14:25,497 KEEP HEARING OH, MANANA, MANANA, 355 00:14:25,497 --> 00:14:26,565 MANANA. IF THE FIRST THING YOU 356 00:14:26,565 --> 00:14:28,500 NEED TO DO IS HAVE ENOUGH FEET 357 00:14:28,500 --> 00:14:31,036 ON THE GROUND AND WE DON'T HAVE 358 00:14:31,036 --> 00:14:33,572 ENOUGH FEET ON THE GROUND AFTER 359 00:14:33,572 --> 00:14:35,774 THAT, IT'D BE KIND OF NICE TO 360 00:14:35,774 --> 00:14:40,045 HAVE SOME FOLLOW UP, YOU KNOW, 361 00:14:40,045 --> 00:14:41,880 REALLY WOULD. BECAUSE YOU HAVE A 362 00:14:41,880 --> 00:14:44,717 LOT OF REPEATERS. AND IF YOU 363 00:14:44,717 --> 00:14:47,686 TAKE CARE OF THE ONE PERSON, YOU 364 00:14:47,686 --> 00:14:53,792 MAY TAKE CARE OF A LOT OF CRIME 365 00:14:53,792 --> 00:14:55,494 AND, YOU KNOW, THAT MIGHT BE A 366 00:14:55,494 --> 00:14:56,829 GOOD THING FOR MOST OF THE 367 00:14:56,829 --> 00:14:58,931 CITIZENS OF THE CITY OF SEATTLE. 368 00:14:58,931 --> 00:15:01,100 I DON'T THINK THE CURRENT MAYOR 369 00:15:01,100 --> 00:15:02,868 WAS ELECTED BECAUSE SHE HAD SO 370 00:15:02,868 --> 00:15:08,173 MUCH MONEY TO BLANKET THE MEDIA. 371 00:15:08,173 --> 00:15:10,309 SHE WASN'T ELECTED BECAUSE SHE 372 00:15:10,309 --> 00:15:12,611 WAS REALLY, REALLY WELL KNOWN. I 373 00:15:12,611 --> 00:15:14,446 THINK SHE WAS ELECTED BECAUSE OF 374 00:15:14,446 --> 00:15:17,850 THE PREVIOUS MAYOR, AND SHE MAY 375 00:15:17,850 --> 00:15:19,652 SUFFER THE SAME FATE IF WE 376 00:15:19,652 --> 00:15:20,719 DON'T SEE SOME IMPROVEMENT IN 377 00:15:20,719 --> 00:15:23,022 THE CITY OF SEATTLE. NOW, I 378 00:15:23,022 --> 00:15:25,257 THINK YOU'VE DONE OKAY ON THE 379 00:15:25,257 --> 00:15:27,226 CAMERA SELECTION BECAUSE THEY 380 00:15:27,226 --> 00:15:28,661 DON'T HAVE THE READERS. I 381 00:15:28,661 --> 00:15:30,763 BELIEVE IN SEATTLE, WHICH HAS 382 00:15:30,763 --> 00:15:33,332 CREATED A BIT OF A PROBLEM, BUT 383 00:15:33,332 --> 00:15:35,567 THE ONLY WAY YOU'RE GOING TO 384 00:15:35,567 --> 00:15:37,136 MAKE THAT SECURE IS A CLOSED 385 00:15:37,136 --> 00:15:39,505 SYSTEM. AND FOR GOD'S SAKE, 386 00:15:39,505 --> 00:15:40,172 DON'T PUT IT ON THE INTERNET. 387 00:15:40,172 --> 00:15:41,307 BECAUSE IF YOU PUT IT ON THE 388 00:15:41,307 --> 00:15:43,909 INTERNET, YOU HAVE ABSOLUTELY NO 389 00:15:43,909 --> 00:15:46,011 CONTROL OVER WHAT'S GOING TO 390 00:15:46,011 --> 00:15:50,049 HAPPEN. SO THESE SQUADS COULD BE 391 00:15:50,049 --> 00:15:52,217 VERY, VERY HELPFUL IN PICKING UP 392 00:15:52,217 --> 00:15:54,119 YOUR REPEATERS. AND SO FIRST YOU 393 00:15:54,119 --> 00:15:56,555 NEED TO ANSWER THE CALL. NOW, I 394 00:15:56,555 --> 00:15:58,524 DON'T KNOW IF YOU'VE EVER 395 00:15:58,524 --> 00:16:01,026 CALLED AND HAD THE POLICE NOT 396 00:16:01,026 --> 00:16:02,795 COME OR TELL YOU IT'S GOING TO 397 00:16:02,795 --> 00:16:04,430 BE HOURS, BUT IT'S NOT A GOOD 398 00:16:04,430 --> 00:16:07,733 FEELING. I CAN TELL YOU THAT 399 00:16:07,733 --> 00:16:10,235 FROM EXPERIENCE. NOW I'M NOT 400 00:16:10,235 --> 00:16:14,039 WORKING DOWN IN THE DOWNTOWN 401 00:16:14,039 --> 00:16:15,741 AREA, SO I DON'T NEED YOU QUITE 402 00:16:15,741 --> 00:16:18,477 AS MUCH 403 00:16:18,477 --> 00:16:20,546 -- THANK YOU STEVE. UP NEXT, WE 404 00:16:20,546 --> 00:16:21,246 HAVE CRYSTAL BALL. AND THEN 405 00:16:21,246 --> 00:16:23,148 PHIL, IF YOU WANT TO HAND ME 406 00:16:23,148 --> 00:16:30,889 ANYONE ELSE 407 00:16:31,123 --> 00:16:41,533 -- OKAY, IN 2022, DEMOCRATS 408 00:16:45,270 --> 00:16:46,572 BROKE FUNDING RECORD FOR ICE. IN 409 00:16:46,572 --> 00:16:48,674 2023, DEMOCRATS BROKE FUNDING 410 00:16:48,674 --> 00:16:51,210 RECORD FOR ICE AGAIN IN 2024, 411 00:16:51,210 --> 00:16:53,479 DEMOCRATS BROKE FUNDING RECORD 412 00:16:53,479 --> 00:16:56,215 FOR ICE. YET ANOTHER TIME, AND 413 00:16:56,215 --> 00:16:57,783 WE KNOW WHAT HAPPENED IN 2025. 414 00:16:57,783 --> 00:17:00,285 AND HERE WE ARE IN 2026, WITH 415 00:17:00,285 --> 00:17:01,754 OVER 500 U.S. CITIZENS THAT HAVE 416 00:17:01,754 --> 00:17:03,489 BEEN DETAINED BY ICE, U.S. 417 00:17:03,489 --> 00:17:06,258 CITIZENS HAVE BEEN DEPORTED BY 418 00:17:06,258 --> 00:17:07,793 ICE AND NUMEROUS U.S. CITIZENS, 419 00:17:07,793 --> 00:17:09,828 AND MORE THAN 60 IMMIGRANTS HAVE 420 00:17:09,828 --> 00:17:11,497 BEEN KILLED OR DIED IN ICE 421 00:17:11,497 --> 00:17:16,735 CUSTODY AND YESTERDAY, DHS 422 00:17:16,735 --> 00:17:17,269 RAIDED A SITTING CONGRESS 423 00:17:17,269 --> 00:17:18,270 WOMAN'S HOUSE. 424 00:17:18,270 --> 00:17:21,840 -- WHO IS ALSO A DEMOCRAT. LAST 425 00:17:21,840 --> 00:17:22,141 YEAR, THIS. 426 00:17:22,141 --> 00:17:24,176 -- COUNCIL OF. DEMOCRATS BROKE 427 00:17:24,176 --> 00:17:26,879 THE FUNDING RECORD FOR SPD, 428 00:17:26,879 --> 00:17:28,247 ALLOCATING HALF $1 BILLION FOR 429 00:17:28,247 --> 00:17:30,182 IT. AND THIS YEAR, ANOTHER 430 00:17:30,182 --> 00:17:33,185 DEMOCRAT HAS PROPOSED TO GIVE 431 00:17:33,185 --> 00:17:35,988 THEM A 13.8% BUDGET INCREASE, 432 00:17:35,988 --> 00:17:37,923 WHILE 65 MILLION IS CUT FROM 433 00:17:37,923 --> 00:17:40,726 AFFORDABLE HOUSING. DO YOU SEE A 434 00:17:40,726 --> 00:17:44,763 PATTERN HERE? OVER THE PAST 435 00:17:44,763 --> 00:17:46,498 YEAR, THERE'S BEEN THREE FATAL 436 00:17:46,498 --> 00:17:48,534 SHOOTINGS BY SPD, AND LAST 437 00:17:48,534 --> 00:17:50,536 MONTH, SPD MURDERED A FOURTH MAN 438 00:17:50,536 --> 00:17:52,871 BY RESTRAINING AND KNEELING ON 439 00:17:52,871 --> 00:17:57,843 HIS NECK. ONCE AGAIN, WE DON'T 440 00:17:57,843 --> 00:18:00,179 WANT MORE KILLER COPS AND 441 00:18:00,179 --> 00:18:00,746 INVESTMENTS IN HOUSING HAS 442 00:18:00,746 --> 00:18:05,350 PROVEN TO LEAD TO A 20% 27% DROP 443 00:18:05,350 --> 00:18:08,854 IN KING COUNTY BOOKINGS. YOU ARE 444 00:18:08,854 --> 00:18:11,423 PUTTING MONEY IN THE WRONG 445 00:18:11,423 --> 00:18:12,024 PLACES AND THE COMMUNITY DOES 446 00:18:12,024 --> 00:18:14,293 NOT WANT MORE CAMERAS. IT DOES 447 00:18:14,293 --> 00:18:15,928 NOT WANT MORE COPS. WE DO NOT 448 00:18:15,928 --> 00:18:21,533 WANT TO GO TOWARDS K.K. KETTLES, 449 00:18:21,533 --> 00:18:22,134 WET DREAM OF MINORITY REPORT 450 00:18:22,134 --> 00:18:26,205 STATES. THAT. 451 00:18:26,205 --> 00:18:30,242 -- UP NEXT WE HAVE RACHEL KATOA, 452 00:18:30,242 --> 00:18:30,776 FOLLOWED BY REVEREND ALEX 453 00:18:30,776 --> 00:18:41,220 BOOKER. RACHEL, WELCOME. 454 00:18:41,887 --> 00:18:44,556 -- GOOD MORNING. GOOD MORNING, 455 00:18:44,556 --> 00:18:46,658 COUNCILMEMBERS. MY NAME IS 456 00:18:46,658 --> 00:18:48,227 RACHEL AND I LIVE IN DISTRICT 457 00:18:48,227 --> 00:18:50,462 FIVE, AND I'M AN ORGANIZER WITH 458 00:18:50,462 --> 00:18:52,598 THE CHURCH COUNCIL OF SEATTLE. 459 00:18:52,598 --> 00:18:55,033 I'M BACK HERE AGAIN TODAY TO 460 00:18:55,033 --> 00:18:56,702 URGE YOU ALL, AS COUNCILMEMBERS 461 00:18:56,702 --> 00:18:58,370 AND OUR ELECTED OFFICIALS, TO 462 00:18:58,370 --> 00:19:00,172 PASS A BUDGET THAT REFLECTS OUR 463 00:19:00,172 --> 00:19:02,040 VALUES OF ABUNDANCE AND 464 00:19:02,040 --> 00:19:03,876 COMMUNITY CARE. I'M IN AGREEMENT 465 00:19:03,876 --> 00:19:04,776 WITH A LOT OF THE FOLKS HERE 466 00:19:04,776 --> 00:19:07,813 TODAY THAT WE ARE PRO-PUBLIC 467 00:19:07,813 --> 00:19:10,349 SAFETY, AND WE KNOW THAT WHAT 468 00:19:10,349 --> 00:19:10,883 CREATES PUBLIC SAFETY IS 469 00:19:10,883 --> 00:19:13,685 INVESTING IN THE SERVICES AND 470 00:19:13,685 --> 00:19:15,721 PROGRAMS AND SUPPORT THAT 471 00:19:15,721 --> 00:19:18,123 HAPPENS BEFORE A CRISIS. WE KNOW 472 00:19:18,123 --> 00:19:21,460 THAT POLICING AND SURVEILLANCE 473 00:19:21,460 --> 00:19:23,795 ARE REACTIONARY RESPONSES THAT 474 00:19:23,795 --> 00:19:24,396 CAN HELP RECONSTRUCT VIOLENCE 475 00:19:24,396 --> 00:19:25,697 AFTER IT HAPPENS, AND 476 00:19:25,697 --> 00:19:27,165 POTENTIALLY GET PROSECUTION, BUT 477 00:19:27,165 --> 00:19:30,135 IT DOESN'T ACTUALLY PREVENT 478 00:19:30,135 --> 00:19:32,671 VIOLENCE OR CREATE REAL PUBLIC 479 00:19:32,671 --> 00:19:35,140 SAFETY THAT SERVICES, SHELTER. 480 00:19:35,140 --> 00:19:36,575 ARTS FUNDING DOES. SO WE ASK YOU 481 00:19:36,575 --> 00:19:38,477 AGAIN TO PLEASE CONSIDER HOW TO 482 00:19:38,477 --> 00:19:41,280 CREATE EXPANSIVE AND ABUNDANT 483 00:19:41,280 --> 00:19:42,314 PUBLIC SAFETY FROM THE GROUND 484 00:19:42,314 --> 00:19:44,182 UP. ALL RIGHT. THANK YOU. 485 00:19:44,182 --> 00:19:47,152 -- THANK YOU RACHEL. UP NEXT, WE 486 00:19:47,152 --> 00:19:48,620 HAVE REVEREND ALEX BOOKER, AND 487 00:19:48,620 --> 00:19:51,223 THEN WE WILL MOVE TO ONLINE 488 00:19:51,223 --> 00:19:52,524 PUBLIC COMMENTERS ROSE 489 00:19:52,524 --> 00:19:54,326 LEGIONNAIRES, LOGAN SCHMIDT, 490 00:19:54,326 --> 00:19:57,229 CEDAR BLUEHOUSE, HANNAH SIFF, 491 00:19:57,229 --> 00:19:57,829 STEPHANIE STEVE SMITH, FOLKS 492 00:19:57,829 --> 00:20:00,199 THAT ARE NOT PRESENT AND NEED TO 493 00:20:00,199 --> 00:20:02,334 CALL IN NOW ARE REF LIN MARK 494 00:20:02,334 --> 00:20:05,537 LAUREL H. JULIE CHANG SCHULMAN, 495 00:20:05,537 --> 00:20:08,540 DAVID HAYNES. PLEASE CHECK YOUR 496 00:20:08,540 --> 00:20:09,474 EMAIL FOR THE CALL IN 497 00:20:09,474 --> 00:20:11,677 INSTRUCTIONS. IF YOUR NAMES ARE 498 00:20:11,677 --> 00:20:14,446 REF LIN. MARK LAUREL H. JULIE 499 00:20:14,446 --> 00:20:16,348 CHANG SCHULMAN OR DAVID HAYNES 500 00:20:16,348 --> 00:20:17,015 WITH THAT REVEREND BOOKER. GOOD 501 00:20:17,015 --> 00:20:18,884 TO SEE YOU. 502 00:20:18,884 --> 00:20:21,420 -- GOOD MORNING, COUNCILMEMBERS. 503 00:20:21,420 --> 00:20:23,589 REVEREND ALEX BOOKER I PASTOR A 504 00:20:23,589 --> 00:20:24,222 CHURCH IN DISTRICT SEVEN AND I 505 00:20:24,222 --> 00:20:26,191 LIVE IN DISTRICT TWO. AND I'M 506 00:20:26,191 --> 00:20:27,993 HERE ON BEHALF OF THE CHURCH 507 00:20:27,993 --> 00:20:29,161 COUNCIL AND MY CHURCH AS WELL, 508 00:20:29,161 --> 00:20:30,762 TO SAY THAT WE ARE PRO PUBLIC 509 00:20:30,762 --> 00:20:31,430 SAFETY. I WANT TO MAKE THAT 510 00:20:31,430 --> 00:20:33,265 VERY, VERY CLEAR. WE ARE PRO 511 00:20:33,265 --> 00:20:34,766 PUBLIC SAFETY. WE WANT PEOPLE TO 512 00:20:34,766 --> 00:20:37,269 LIVE HEALTHY AND ABUNDANT LIVES. 513 00:20:37,269 --> 00:20:38,804 I GREW UP IN SKYWAY, SO I HAVE 514 00:20:38,804 --> 00:20:40,806 FRIENDS AND FAMILY MEMBERS THAT 515 00:20:40,806 --> 00:20:42,441 WERE PERPETRATORS OF VIOLENCE 516 00:20:42,441 --> 00:20:43,542 AND ALSO VICTIMS OF VIOLENCE. 517 00:20:43,542 --> 00:20:45,077 AND I STAND ON THE SIDE THAT 518 00:20:45,077 --> 00:20:47,646 SAYS THAT ADDING MORE MONEY TO A 519 00:20:47,646 --> 00:20:48,914 REACTIVE AND A BAND-AID, AS IN 520 00:20:48,914 --> 00:20:49,982 POLICE, IS NOT GOING TO STOP IT 521 00:20:49,982 --> 00:20:51,450 FROM HAPPENING IN THE FIRST 522 00:20:51,450 --> 00:20:53,452 PLACE. WE HAVE TOO MUCH TIME ON 523 00:20:53,452 --> 00:20:54,653 OUR HANDS. FOLKS OF COLOR IN THE 524 00:20:54,653 --> 00:20:55,821 CITY AND IN THIS COUNTRY AND IN 525 00:20:55,821 --> 00:20:56,989 THIS WORLD. WE NEED THINGS TO 526 00:20:56,989 --> 00:20:58,957 DO. WE NEED THE ARTS PROGRAMS, 527 00:20:58,957 --> 00:21:00,325 RIGHT? WE NEED FOOD IN OUR 528 00:21:00,325 --> 00:21:02,227 STOMACH. WE NEED AFTER SCHOOL 529 00:21:02,227 --> 00:21:03,996 AND SUMMER PROGRAMS. SO SHIFTING 530 00:21:03,996 --> 00:21:05,831 FUNDING TO THOSE THINGS IS PRO 531 00:21:05,831 --> 00:21:07,799 PUBLIC SAFETY. IT SIMPLY IS. AND 532 00:21:07,799 --> 00:21:08,867 IT'S NOT THAT DIFFICULT. 533 00:21:08,867 --> 00:21:10,369 THERE'S LOTS OF DATA AND 534 00:21:10,369 --> 00:21:11,003 NUMBERS THAT CAN TELL THE STORY. 535 00:21:11,003 --> 00:21:12,270 BUT FOR SOMEONE LIKE MYSELF, I 536 00:21:12,270 --> 00:21:13,538 KNOW WHAT THAT STORY LOOKS LIKE. 537 00:21:13,538 --> 00:21:15,440 I KNOW WHAT IT'S LIKE TO BE HAVE 538 00:21:15,440 --> 00:21:16,074 NOTHING TO DO IN THE SUMMERTIME. 539 00:21:16,074 --> 00:21:18,810 IF IT WAS NOT FOR ROTARY, IF IT 540 00:21:18,810 --> 00:21:19,878 WAS NOT FOR CHURCH PROGRAMS, IF 541 00:21:19,878 --> 00:21:20,946 IT WASN'T FOR JUST HAVING FOOD 542 00:21:20,946 --> 00:21:22,781 IN MY STOMACH. SO I'M URGING US 543 00:21:22,781 --> 00:21:26,118 TO HAVE THE COURAGE TO NOT 544 00:21:26,118 --> 00:21:27,586 CONTINUE TO PUT MONEY TOWARD 545 00:21:27,586 --> 00:21:29,421 BAND-AIDS, NOT CONTINUE TO PUT 546 00:21:29,421 --> 00:21:30,389 MONEY TOWARDS MORE GUNS ON THE 547 00:21:30,389 --> 00:21:31,590 STREETS, BECAUSE THAT'S EXACTLY 548 00:21:31,590 --> 00:21:33,191 WHAT THAT IS. IT'S IN THE 549 00:21:33,191 --> 00:21:35,360 LORD'S HAND. LET'S PUT MONEY 550 00:21:35,360 --> 00:21:37,462 TOWARDS OUR ACTIVITIES, TOWARDS 551 00:21:37,462 --> 00:21:38,930 OUR CHILDREN. AND THE STORY OF 552 00:21:38,930 --> 00:21:40,699 OF THE FEEDING OF THE 5000 IN 553 00:21:40,699 --> 00:21:43,702 THE GOSPEL OF JOHN, JESUS TOOK A 554 00:21:43,702 --> 00:21:46,305 YOUNG SCHOOLBOY'S LUNCH, A 555 00:21:46,305 --> 00:21:48,573 CHILD'S LUNCH TO FUND THE REST 556 00:21:48,573 --> 00:21:49,508 OF THE WORLD. AND THAT'S WHAT 557 00:21:49,508 --> 00:21:51,143 I'M ASKING YOU ALL TO DO AS YOU 558 00:21:51,143 --> 00:21:52,144 CONSTRUCT THESE BUDGETS, AS YOU 559 00:21:52,144 --> 00:21:55,047 CONSTRUCT THESE THINGS, IS TO 560 00:21:55,047 --> 00:21:56,548 LEAN ON THE CHILDREN. THINK 561 00:21:56,548 --> 00:21:57,683 ABOUT THE CHILDREN AND WHAT THEY 562 00:21:57,683 --> 00:21:58,684 NEED AND WHAT THEY HAVE, AND 563 00:21:58,684 --> 00:21:59,818 THAT WILL LEAD US DOWN THE RIGHT 564 00:21:59,818 --> 00:22:03,321 PATH TOWARD A MORE MORAL BUDGET. 565 00:22:03,321 --> 00:22:03,622 THANK YOU. 566 00:22:03,622 --> 00:22:04,723 -- THANK YOU, REVEREND. WE'RE 567 00:22:04,723 --> 00:22:06,558 GOING TO NOW GO TO ONLINE PUBLIC 568 00:22:06,558 --> 00:22:08,460 COMMENTERS. THE ONLY FOLKS THAT 569 00:22:08,460 --> 00:22:10,696 ARE NOT PRESENT ARE LIN MARK 570 00:22:10,696 --> 00:22:12,998 LAUREL H. AND DAVID HAYNES. IF 571 00:22:12,998 --> 00:22:14,032 YOU'VE HEARD YOUR NAMES, YOU 572 00:22:14,032 --> 00:22:15,600 NEED TO CHECK YOUR EMAIL AND USE 573 00:22:15,600 --> 00:22:18,270 THE CALL IN INSTRUCTIONS PRESENT 574 00:22:18,270 --> 00:22:20,839 WITH THAT ROSE LEGIONNAIRES, 575 00:22:20,839 --> 00:22:22,974 LOGAN SCHMIDT AND CEDAR BLUE 576 00:22:22,974 --> 00:22:24,576 SHOE ARE THE NEXT FOLKS WHO ARE 577 00:22:24,576 --> 00:22:25,677 PRESENT. ROSE, I ALREADY SEE 578 00:22:25,677 --> 00:22:27,946 YOU'RE OFF MUTE. THANK YOU FOR 579 00:22:27,946 --> 00:22:29,581 BEING READY. TAKE IT AWAY AT 580 00:22:29,581 --> 00:22:32,651 YOUR CONVENIENCE. WELCOME. 581 00:22:32,651 --> 00:22:35,487 -- THANK YOU. COUNCIL. THIS WEEK 582 00:22:35,487 --> 00:22:36,488 I HAVE MET A NUMBER OF PEOPLE 583 00:22:36,488 --> 00:22:37,889 THAT HAVE BEEN REALLY 584 00:22:37,889 --> 00:22:39,658 STRUGGLING. THE TRANS COMMUNITY. 585 00:22:39,658 --> 00:22:41,126 THIS LAST THURSDAY, ONE OF MY 586 00:22:41,126 --> 00:22:43,462 FRIENDS CAME UP TO ME AND CAL 587 00:22:43,462 --> 00:22:44,596 ANDERSON PARK AND DESCRIBED HOW 588 00:22:44,596 --> 00:22:45,731 SHE HAD TRIED TO KILL HERSELF 589 00:22:45,731 --> 00:22:47,165 THE DAY BEFORE. THERE ARE A LOT 590 00:22:47,165 --> 00:22:50,502 OF INDIVIDUALS LIKE HER THAT ARE 591 00:22:50,502 --> 00:22:52,237 STRUGGLING AND THAT ARE FEELING 592 00:22:52,237 --> 00:22:54,740 RATHER HOPELESS IN OUR COMMUNITY 593 00:22:54,740 --> 00:22:55,307 AS CONTINUED ATTACKS HAPPEN 594 00:22:55,307 --> 00:22:56,942 NATIONWIDE. ON THE TRANS 595 00:22:56,942 --> 00:22:58,777 COMMUNITY, SUPPORT IS NEEDED AND 596 00:22:58,777 --> 00:23:00,479 SUPPORT IS CONTINUED TO BE 597 00:23:00,479 --> 00:23:03,148 NEEDED. THERE IS RIGHT NOW A 598 00:23:03,148 --> 00:23:04,316 $1.2 MILLION GRANT THAT HAS BEEN 599 00:23:04,316 --> 00:23:05,784 GIVEN TO THE SALVATION ARMY TO 600 00:23:05,784 --> 00:23:06,985 HELP HOMELESS PEOPLE IN THE 601 00:23:06,985 --> 00:23:09,354 CENTRAL DISTRICT AND IN CAL 602 00:23:09,354 --> 00:23:12,424 ANDERSON AND THE CAMP HILL AREA. 603 00:23:12,424 --> 00:23:13,625 HOWEVER, I HAVE NEVER SEEN THEM 604 00:23:13,625 --> 00:23:15,293 SHOW UP. AND I CAN TELL YOU, THE 605 00:23:15,293 --> 00:23:15,927 PEOPLE THAT ARE DOING THE WORK 606 00:23:15,927 --> 00:23:17,696 IN OUR COMMUNITY INSTEAD. 607 00:23:17,696 --> 00:23:19,264 TONIGHT, STONE SOUP CREW WILL 608 00:23:19,264 --> 00:23:21,600 FEED BETWEEN 250 TO 300 609 00:23:21,600 --> 00:23:23,068 INDIVIDUALS WHO NEED HELP IN THE 610 00:23:23,068 --> 00:23:25,036 PARK. I HAVE PERSONALLY KEPT 611 00:23:25,036 --> 00:23:26,338 SOME PEOPLE ON MY FLOOR THIS 612 00:23:26,338 --> 00:23:29,107 WEEK IN ORDER TO MAKE SURE THAT 613 00:23:29,107 --> 00:23:30,342 INDIVIDUALS HAD HOUSING, HAD 614 00:23:30,342 --> 00:23:30,942 SOMETHING AS SIMPLE AS BEING 615 00:23:30,942 --> 00:23:31,710 ABLE TO WASH THEIR CLOTHES OR 616 00:23:31,710 --> 00:23:34,045 TAKE A SHOWER. I CAN TELL YOU, 617 00:23:34,045 --> 00:23:35,614 THE INDIVIDUALS THAT ARE SHOWING 618 00:23:35,614 --> 00:23:36,715 UP AND ARE DOING WORK FOR THE 619 00:23:36,715 --> 00:23:38,216 PEOPLE IN OUR COMMUNITY, AND I 620 00:23:38,216 --> 00:23:39,985 CAN TELL YOU, IT IS NOT THE 621 00:23:39,985 --> 00:23:41,486 PEOPLE THAT ARE REPRESENTED 622 00:23:41,486 --> 00:23:42,254 LARGELY IN THE BUDGET, 623 00:23:42,254 --> 00:23:43,755 ESPECIALLY WITH THE SALVATION 624 00:23:43,755 --> 00:23:47,859 ARMY GRANT. THERE ARE 625 00:23:47,859 --> 00:23:48,360 INDIVIDUALS CONSTANTLY 626 00:23:48,360 --> 00:23:49,060 STRUGGLING. WE DON'T HAVE THINGS 627 00:23:49,060 --> 00:23:51,229 AS BASIC AS CLOTHING. THE 628 00:23:51,229 --> 00:23:52,931 CLOTHES THAT I'VE BEEN ABLE TO 629 00:23:52,931 --> 00:23:54,366 GATHER WITH DONATIONS FROM OTHER 630 00:23:54,366 --> 00:23:56,001 INDIVIDUALS ARE WHAT A LOT OF 631 00:23:56,001 --> 00:23:57,035 THESE PEOPLE WEAR. THE FOOD THAT 632 00:23:57,035 --> 00:23:59,271 I'M ABLE TO HELP SCROUNGE UP 633 00:23:59,271 --> 00:24:00,672 MYSELF IS OFTEN WHAT HELPS FEED 634 00:24:00,672 --> 00:24:02,207 PEOPLE. THERE'S A LOT OF 635 00:24:02,207 --> 00:24:03,341 INDIVIDUALS THAT ARE LIKE ME, 636 00:24:03,341 --> 00:24:05,343 THAT STRUGGLE AND ARE BEGGING 637 00:24:05,343 --> 00:24:07,345 FOR THE COMMUNITY FOR BASIC 638 00:24:07,345 --> 00:24:10,015 FUNDING IN ORDER TO BE ABLE TO 639 00:24:10,015 --> 00:24:11,616 RECEIVE, TO BE ABLE TO GIVE TO 640 00:24:11,616 --> 00:24:13,285 THOSE WHO NEED, BECAUSE THERE IS 641 00:24:13,285 --> 00:24:14,352 SO MUCH NEED. THERE ARE FAMILIES 642 00:24:14,352 --> 00:24:16,154 THAT ARE SHOWING UP TO CAL 643 00:24:16,154 --> 00:24:18,356 ANDERSON PARK NOW, NOT JUST 644 00:24:18,356 --> 00:24:19,825 INDIVIDUALS, PEOPLE FLEEING FOR 645 00:24:19,825 --> 00:24:21,860 THEIR LIVES BECAUSE OF 646 00:24:21,860 --> 00:24:22,494 TRANSPHOBIC LEGISLATION IN RED 647 00:24:22,494 --> 00:24:24,830 STATES. WE HAVE TO OFFER AS MUCH 648 00:24:24,830 --> 00:24:26,631 SUPPORT AS POSSIBLE AND CONNECT 649 00:24:26,631 --> 00:24:28,533 PEOPLE TO RESOURCES. WE DON'T 650 00:24:28,533 --> 00:24:29,901 HAVE THIS RIGHT NOW. WE NEED 651 00:24:29,901 --> 00:24:31,636 MORE HELP IN THE CITY TO HELP US 652 00:24:31,636 --> 00:24:34,406 ON THAT FRONT. THANK YOU. 653 00:24:34,406 --> 00:24:35,640 -- THANK YOU. ROSE. UP NEXT, WE 654 00:24:35,640 --> 00:24:38,343 HAVE REF LINDMARK FOLLOWED BY 655 00:24:38,343 --> 00:24:40,512 LOGAN SCHMIDT, LAURELL H. YOU'RE 656 00:24:40,512 --> 00:24:41,980 STILL NOT PRESENT. WE'LL COME 657 00:24:41,980 --> 00:24:43,048 BACK TO YOU AT THE END. REF, I 658 00:24:43,048 --> 00:24:46,718 SEE YOU'RE HERE. STAR SIX TO 659 00:24:46,718 --> 00:24:49,721 UNMUTE. THERE YOU ARE. WELCOME. 660 00:24:49,721 --> 00:24:51,957 -- GOOD MORNING. THANKS FOR 661 00:24:51,957 --> 00:24:53,525 HAVING THE COUNCIL AND TAKING MY 662 00:24:53,525 --> 00:24:56,127 CALL. MY NAME IS RALPH LINDMARK 663 00:24:56,127 --> 00:25:00,298 AND I AM A VOLUNTEER COLEAD FOR 664 00:25:00,298 --> 00:25:01,800 THE BLESSED SACRAMENT CHURCH. 665 00:25:01,800 --> 00:25:04,002 SUNDAY DINNER AND FOOD BANK 666 00:25:04,002 --> 00:25:05,337 PROGRAM. I'M CALLING IN TO URGE 667 00:25:05,337 --> 00:25:06,938 YOU, YOUR SUPPORT, YOUR PAST 668 00:25:06,938 --> 00:25:09,474 SUPPORT AND CONTINUED SUPPORT 669 00:25:09,474 --> 00:25:10,909 FOR HOT MEAL FUNDING THAT ARE IN 670 00:25:10,909 --> 00:25:11,576 FOOD SECURITY ITEMS THAT ARE IN 671 00:25:11,576 --> 00:25:14,746 THE MAYOR'S BUDGET. AS YOU 672 00:25:14,746 --> 00:25:16,381 KNOW, BOTH THE NUMBER OF PEOPLE 673 00:25:16,381 --> 00:25:17,082 WE SERVE AT OUR MEAL PROGRAMS, 674 00:25:17,082 --> 00:25:19,451 AS WELL AS THE COST TO SERVE 675 00:25:19,451 --> 00:25:21,386 THEM, HAVE GONE UP. FOR EXAMPLE, 676 00:25:21,386 --> 00:25:22,687 AT BLESSED SACRAMENT CHURCH, WE 677 00:25:22,687 --> 00:25:25,924 HAVE GONE FROM SERVING BETWEEN 678 00:25:25,924 --> 00:25:27,592 300 AND 350 MEALS A SUNDAY. A 679 00:25:27,592 --> 00:25:31,363 FEW YEARS AGO, COMING OUT OF 680 00:25:31,363 --> 00:25:33,231 COVID TO ALMOST 700 MEALS EVERY 681 00:25:33,231 --> 00:25:34,332 SUNDAY. THE COST TO DO THIS HAVE 682 00:25:34,332 --> 00:25:37,636 GONE UP IS AN EXAMPLE. OUR CASH 683 00:25:37,636 --> 00:25:40,572 AND CARRY PURCHASE HAS GONE FROM 684 00:25:40,572 --> 00:25:43,308 UNDER $1,200 A MONTH TO OVER 685 00:25:43,308 --> 00:25:45,110 $2,000 A MONTH. OUR COSTCO 686 00:25:45,110 --> 00:25:47,579 PURCHASE, WHERE WE BUY SHEET 687 00:25:47,579 --> 00:25:49,381 CAKES AND WATER AND OTHER 688 00:25:49,381 --> 00:25:51,149 SUPPLIES, HAVE GONE UP AS WELL. 689 00:25:51,149 --> 00:25:53,585 OUR FIXED COSTS, FOR EXAMPLE, 690 00:25:53,585 --> 00:25:55,720 ARE RENTING OUR TRUCK AS WELL AS 691 00:25:55,720 --> 00:25:58,390 FIXING OUR REFRIGERATOR AND 692 00:25:58,390 --> 00:25:59,024 FREEZER HAVE COSTS THAT CONTINUE 693 00:25:59,024 --> 00:26:01,760 TO INCREASE. WE ALSO PROVIDE 694 00:26:01,760 --> 00:26:02,827 SECURITY EVERY SUNDAY TO MAKE 695 00:26:02,827 --> 00:26:04,896 EVERYBODY FEEL SAFE, AND THAT IS 696 00:26:04,896 --> 00:26:06,932 ALSO AN INCREASING NUMBER. ALL 697 00:26:06,932 --> 00:26:08,767 OF THESE COSTS HAVE BASICALLY 698 00:26:08,767 --> 00:26:10,135 MADE IT MORE EXPENSIVE AND 699 00:26:10,135 --> 00:26:11,269 HARDER FOR US TO PURCHASE THE 700 00:26:11,269 --> 00:26:14,940 FOOD THAT WE SERVE. SO WE 701 00:26:14,940 --> 00:26:16,508 CONTINUE TO USE THE SUPPORT THAT 702 00:26:16,508 --> 00:26:17,442 THE CITY HAS PROVIDED, AND WE 703 00:26:17,442 --> 00:26:19,778 URGE YOU TO CONTINUE TO SUPPORT 704 00:26:19,778 --> 00:26:20,679 THAT INVESTMENT. THAT'S IN THE 705 00:26:20,679 --> 00:26:23,348 MAYOR'S BUDGET, AND WE CONTINUE 706 00:26:23,348 --> 00:26:24,416 TO HELP US, AND WE WILL CONTINUE 707 00:26:24,416 --> 00:26:26,518 TO SERVE PEOPLE IN OUR 708 00:26:26,518 --> 00:26:27,619 COMMUNITY. AND FOR THAT, I THANK 709 00:26:27,619 --> 00:26:31,056 YOU VERY MUCH. 710 00:26:31,056 --> 00:26:32,991 -- THANK YOU. REF. UP NEXT, WE 711 00:26:32,991 --> 00:26:34,993 HAVE LAUREL H. IS NOW PRESENT, 712 00:26:34,993 --> 00:26:36,861 SO WE'LL GO WITH LAUREL, THEN 713 00:26:36,861 --> 00:26:39,931 LOGAN, AND THEN CEDAR LAUREL. 714 00:26:39,931 --> 00:26:40,198 WELCOME. 715 00:26:40,198 --> 00:26:43,068 -- AND THANK YOU SO MUCH. 716 00:26:43,068 --> 00:26:45,270 OCTOBER 8th MEETING, THE COUNCIL 717 00:26:45,270 --> 00:26:46,204 SPOKE ABOUT THE FENCE OF A SIGN 718 00:26:46,204 --> 00:26:47,939 THAT INVOKED THE KKK, SOMETHING 719 00:26:47,939 --> 00:26:50,875 WE SEE AGAIN TODAY AND STATED IT 720 00:26:50,875 --> 00:26:52,777 WAS DESPICABLE AND CONTRARY TO 721 00:26:52,777 --> 00:26:54,813 SEATTLE VALUES AND CITED OUR 722 00:26:54,813 --> 00:26:57,916 COUNTRY'S DARK HISTORY. YET 24 723 00:26:57,916 --> 00:27:00,085 HOURS EARLIER, ACTIVISTS 724 00:27:00,085 --> 00:27:02,354 GATHERED IN DISTRICT THREE AT 725 00:27:02,354 --> 00:27:02,954 CAL ANDERSON TO CELEBRATE THE 726 00:27:02,954 --> 00:27:05,190 OCTOBER 7th MASSACRE AS 727 00:27:05,190 --> 00:27:07,025 RESISTANCE. OUR NEIGHBORHOOD WAS 728 00:27:07,025 --> 00:27:08,259 COVERED IN PRO-HAMAS MESSAGES AS 729 00:27:08,259 --> 00:27:10,929 IT WAS THE YEAR BEFORE MOSQUES 730 00:27:10,929 --> 00:27:12,897 MURDERED MORE PEOPLE THAT DAY 731 00:27:12,897 --> 00:27:13,999 THAN WERE KILLED BY THE KLAN. IN 732 00:27:13,999 --> 00:27:16,468 THE LAST HUNDRED YEARS. IT WAS 733 00:27:16,468 --> 00:27:18,636 INTERESTING TO SEE A TRANS 734 00:27:18,636 --> 00:27:19,237 PERSON TESTIFY EARLIER ABOUT 735 00:27:19,237 --> 00:27:21,473 THEIR LIVES BEING IN DANGER. AND 736 00:27:21,473 --> 00:27:23,308 CAL ANDERSON, THERE WERE PEOPLE 737 00:27:23,308 --> 00:27:25,143 OPENLY SUPPORTING MURDER IN CAL 738 00:27:25,143 --> 00:27:27,245 ANDERSON LAST WEEK, AND NOT ONE 739 00:27:27,245 --> 00:27:29,047 PERSON HAS SAID A WORD. IT'S 740 00:27:29,047 --> 00:27:30,915 AMAZING HOW QUICKLY OUR CITY 741 00:27:30,915 --> 00:27:33,718 CHANGED FROM BLACK LIVES MATTER 742 00:27:33,718 --> 00:27:34,319 UNCONDITIONALLY TO ALL JEWISH 743 00:27:34,319 --> 00:27:35,754 LIVES CAN BE SNUFFED OUT AND 744 00:27:35,754 --> 00:27:36,988 THEN CELEBRATED AS LONG AS IT'S 745 00:27:36,988 --> 00:27:38,223 DONE IN A CAUSE THAT THE BLACK 746 00:27:38,223 --> 00:27:40,125 AND BROWN COMMUNITY SUPPORTS. 747 00:27:40,125 --> 00:27:42,794 AND IT'S AMAZING THAT MORE 748 00:27:42,794 --> 00:27:44,496 PEOPLE ARE NOT HORRIFIED BY 749 00:27:44,496 --> 00:27:46,164 THIS. IN FACT, I WAS CALLED A 750 00:27:46,164 --> 00:27:49,901 NAZI FOR OBJECTING TO THIS, AND 751 00:27:49,901 --> 00:27:51,102 I AM TOLD THAT THERE'S A RIGHT 752 00:27:51,102 --> 00:27:54,372 TO RESIST. HOW ABOUT MY RIGHT TO 753 00:27:54,372 --> 00:27:54,906 RESIST PEOPLE CELEBRATING 754 00:27:54,906 --> 00:27:55,874 MURDERING ME IN MY OWN PARK? WHY 755 00:27:55,874 --> 00:27:57,876 IS IT THE TRANS COMMUNITY GOT SO 756 00:27:57,876 --> 00:28:00,078 MUCH SUPPORT WHEN SOMEBODY MADE 757 00:28:00,078 --> 00:28:01,046 A SLIGHT TOWARDS THEM? A 758 00:28:01,046 --> 00:28:04,416 CHRISTIAN GROUP. YET THIS IS 759 00:28:04,416 --> 00:28:05,417 FLAUNTED AND THESE GROUPS WHO 760 00:28:05,417 --> 00:28:07,585 SAY THEY WANT TO BRING THE SAME 761 00:28:07,585 --> 00:28:10,655 VIOLENCE TO SEATTLE AND NARDIL 762 00:28:10,655 --> 00:28:11,956 ARE SUBSIDIZED. CHERRY STREET 763 00:28:11,956 --> 00:28:14,859 VILLAGE IS GIVEN $500,000 ON TOP 764 00:28:14,859 --> 00:28:17,095 OF THE 1 MILLION IN EDDIE FUNDS, 765 00:28:17,095 --> 00:28:18,530 SO THEY COULD BUY THEIR SPACE 766 00:28:18,530 --> 00:28:19,764 WHERE THEY OPENLY SAY THEY WANT 767 00:28:19,764 --> 00:28:23,768 TO BRING THE SAME EXACT THING TO 768 00:28:23,768 --> 00:28:26,304 OUR REGION. I APPLAUD 769 00:28:26,304 --> 00:28:26,938 COUNCILMEMBER RIVERA FOR BRIEFLY 770 00:28:26,938 --> 00:28:29,074 BRINGING UP ANTI-SEMITISM. THE 771 00:28:29,074 --> 00:28:30,575 FACT THAT EVERYBODY ELSE IGNORED 772 00:28:30,575 --> 00:28:32,610 THAT IS INSANE. AND THIS IS A 773 00:28:32,610 --> 00:28:35,780 SYSTEMIC PROBLEM THAT NEEDS A 774 00:28:35,780 --> 00:28:40,118 SYSTEMIC SOLUTION THANK YOU. 775 00:28:40,118 --> 00:28:43,354 -- THANK YOU, LAUREL. 776 00:28:43,354 --> 00:28:44,255 ANTI-SEMITISM, ISLAMOPHOBIA AND 777 00:28:44,255 --> 00:28:45,323 ALL TYPES OF HATE ARE NOT 778 00:28:45,323 --> 00:28:47,592 WELCOME HERE IN OUR CITY. LOGAN, 779 00:28:47,592 --> 00:28:49,994 YOU'RE UP NEXT, FOLLOWED BY 780 00:28:49,994 --> 00:28:51,663 CEDAR AND THEN HANNAH. LOGAN, I 781 00:28:51,663 --> 00:28:52,831 SEE YOU'RE HERE AND YOU'RE OFF 782 00:28:52,831 --> 00:28:55,900 MUTE. WELCOME, LOGAN. 783 00:28:55,900 --> 00:28:57,936 -- MORNING, CHAIR STRAUSS AND 784 00:28:57,936 --> 00:29:00,939 COMMUNITY MEMBERS LOGAN SCHMIDT 785 00:29:00,939 --> 00:29:01,506 REPRESENTING BACKS HERE TO 786 00:29:01,506 --> 00:29:03,341 COMMENT ON SDCI BUDGET AND THE 787 00:29:03,341 --> 00:29:05,110 CENTRAL STAFF OPTIONS TODAY FOR 788 00:29:05,110 --> 00:29:07,846 THE CONSTRUCTION AND INSPECTIONS 789 00:29:07,846 --> 00:29:09,347 FUND. THE HOUSING MARKET IS 790 00:29:09,347 --> 00:29:11,316 CLEARLY IN FLUX AS INTEREST 791 00:29:11,316 --> 00:29:12,750 RATES AND CONSTRUCTION COSTS 792 00:29:12,750 --> 00:29:13,384 CONTINUE TO RISE, AND THIS IS 793 00:29:13,384 --> 00:29:15,920 OBVIOUSLY IMPACTING PERMANENT 794 00:29:15,920 --> 00:29:18,056 VOLUMES AND THEREFORE SDCI 795 00:29:18,056 --> 00:29:19,657 BUDGET. IT'S AN UNFORTUNATE 796 00:29:19,657 --> 00:29:21,459 REALITY THAT WE ARE LOOKING AT 797 00:29:21,459 --> 00:29:22,894 ANOTHER SIZABLE INCREASE TO 798 00:29:22,894 --> 00:29:23,928 PERMIT FEES AGAIN THIS YEAR, 799 00:29:23,928 --> 00:29:26,631 AFTER LAST YEAR'S 18% INCREASE. 800 00:29:26,631 --> 00:29:29,334 I'LL HAVE TO SAY I ASKED THE 801 00:29:29,334 --> 00:29:31,936 CENTRAL STAFF AND SDCI PROVIDE A 802 00:29:31,936 --> 00:29:34,172 CLEAR METHODOLOGY FOR HOW REVIEW 803 00:29:34,172 --> 00:29:35,874 FEES ARE CALCULATED TO DETERMINE 804 00:29:35,874 --> 00:29:37,976 WHETHER THE METHODOLOGY SHOULD 805 00:29:37,976 --> 00:29:39,611 BE REASSESSED AS CONDITIONS 806 00:29:39,611 --> 00:29:40,678 CHANGE. PERMIT APPLICATIONS ARE 807 00:29:40,678 --> 00:29:41,279 FUNDING THIS DEPARTMENT, AND 808 00:29:41,279 --> 00:29:41,913 THEY SHOULD BE ABLE TO SEE HOW 809 00:29:41,913 --> 00:29:43,181 THEIR FEES CONNECT TO THE COST 810 00:29:43,181 --> 00:29:47,085 OF THE SERVICES THEY RECEIVE. WE 811 00:29:47,085 --> 00:29:49,354 SUPPORT CENTRAL STAFF OPTION C 812 00:29:49,354 --> 00:29:51,122 FOR HEALTH AND CONSTRUCTION 813 00:29:51,122 --> 00:29:52,490 INSPECTIONS FUND, WHICH IS 814 00:29:52,490 --> 00:29:53,124 CONTINUED QUARTERLY REPORTING, 815 00:29:53,124 --> 00:29:55,426 PLUS LEGISLATION ESTABLISHING 816 00:29:55,426 --> 00:29:56,361 FUND POLICIES, AND WE ASK THAT 817 00:29:56,361 --> 00:29:57,562 THE BUILDING COMMUNITY HAVE A 818 00:29:57,562 --> 00:29:59,864 SEAT AT THE TABLE AS THAT POLICY 819 00:29:59,864 --> 00:30:02,033 IS DEVELOPED. BUILDERS CAN OFFER 820 00:30:02,033 --> 00:30:03,735 PRACTICAL PERSPECTIVE ON THE 821 00:30:03,735 --> 00:30:04,202 REVIEW TIMELINES AND 822 00:30:04,202 --> 00:30:05,303 PREDICTABILITY TO MAKE FEES 823 00:30:05,303 --> 00:30:07,806 WORTH PAYING. CLEAR RESERVE 824 00:30:07,806 --> 00:30:09,574 LEVELS AND THRESHOLDS WILL SERVE 825 00:30:09,574 --> 00:30:11,376 EVERYONE BEST IF THEY'RE SET 826 00:30:11,376 --> 00:30:13,178 BEFORE THE NEXT DOWNTURN, NOT 827 00:30:13,178 --> 00:30:15,446 DURING IT. WE SUPPORT AND 828 00:30:15,446 --> 00:30:18,183 REQUEST THAT THE COMMITTEE 829 00:30:18,183 --> 00:30:18,817 MAINTAIN SDCI CONTINGENT BUDGET 830 00:30:18,817 --> 00:30:21,519 AUTHORITY WHEN THE MARKET 831 00:30:21,519 --> 00:30:22,387 INEVITABLY RECOVERS, THE 832 00:30:22,387 --> 00:30:23,588 DEPARTMENT NEEDS TO BE ABLE TO 833 00:30:23,588 --> 00:30:24,823 ACT QUICKLY TO REVIEW TIMES. 834 00:30:24,823 --> 00:30:26,558 DON'T BECOME A BOTTLENECK ON 835 00:30:26,558 --> 00:30:27,926 HOUSING PRODUCTION. WE LOOK 836 00:30:27,926 --> 00:30:28,693 FORWARD TO CONTINUING ENGAGEMENT 837 00:30:28,693 --> 00:30:30,895 ON THIS ISSUE. THANK YOU. 838 00:30:30,895 --> 00:30:33,264 -- THANK YOU LOGAN. UP NEXT IS 839 00:30:33,264 --> 00:30:34,999 CEDAR, FOLLOWED BY HANNA AND 840 00:30:34,999 --> 00:30:35,800 THEN STEPHANIE. CEDAR, I SEE 841 00:30:35,800 --> 00:30:39,504 YOU'RE HERE. STAR SIX TO 842 00:30:39,504 --> 00:30:42,907 UNMUTE. THERE YOU ARE. WELCOME. 843 00:30:42,907 --> 00:30:46,244 -- HELLO. SO I'M HERE TO SPEAK 844 00:30:46,244 --> 00:30:52,383 AGAIN IN THE FOR FUNDING SOCIAL 845 00:30:52,383 --> 00:30:54,619 PROGRAMS AND ABOUT FUNDING THE 846 00:30:54,619 --> 00:30:56,521 FIRE DEPARTMENT IN PARTICULAR. 847 00:30:56,521 --> 00:30:59,257 SO LAST WEEK WE HAD A 848 00:30:59,257 --> 00:31:00,858 COUNCILMEMBER WHOSE LIFE HAD 849 00:31:00,858 --> 00:31:03,528 BEEN SAVED BY THE. OUR 850 00:31:03,528 --> 00:31:05,630 DEPARTMENT 20 YEARS AGO, I 851 00:31:05,630 --> 00:31:07,799 MYSELF HAD AN EXPERIENCE WHEN I 852 00:31:07,799 --> 00:31:09,000 WAS ABOUT TEN YEARS OLD, WHERE I 853 00:31:09,000 --> 00:31:11,069 WAS AT SCHOOL AND HAVING 854 00:31:11,069 --> 00:31:12,303 BREATHING PROBLEMS. AND THE FIRE 855 00:31:12,303 --> 00:31:15,406 DEPARTMENT CAME AND SAVED ME. IF 856 00:31:15,406 --> 00:31:16,374 THAT HAD BEEN THE POLICE, I 857 00:31:16,374 --> 00:31:18,343 WOULD MOST LIKELY NOT BE ALIVE 858 00:31:18,343 --> 00:31:23,615 TODAY. AS FAR AS THE POLICE GO, 859 00:31:23,615 --> 00:31:25,083 I THINK THEY'VE COST SOMETHING 860 00:31:25,083 --> 00:31:28,920 IN THIS CITY. ABOUT $350 MILLION 861 00:31:28,920 --> 00:31:31,222 SINCE 2020 DUE TO SETTLEMENTS, 862 00:31:31,222 --> 00:31:34,659 DUE TO VIOLENT CRIMES. THEY ALSO 863 00:31:34,659 --> 00:31:38,029 TRAIN WITH THE IDF AND LEARN 864 00:31:38,029 --> 00:31:40,832 TORTURE METHODS AND KILLING 865 00:31:40,832 --> 00:31:43,902 METHODS FROM THEM. AND YEAH, 866 00:31:43,902 --> 00:31:47,338 THEY'RE EXTREMELY VIOLENT. 867 00:31:47,338 --> 00:31:49,207 GANG. THEY HAVE BEEN SINCE OUR 868 00:31:49,207 --> 00:31:49,874 COUNTRY'S INCEPTION. THEY COME 869 00:31:49,874 --> 00:31:53,044 FROM SLAVE CATCHERS AND I THINK 870 00:31:53,044 --> 00:31:55,413 IT'S REALLY BAD IDEA TO GIVE 871 00:31:55,413 --> 00:31:57,682 THEM MORE MONEY IN 25% OF THE 872 00:31:57,682 --> 00:31:58,816 BUDGET, WHILE THEY HAVE NOT 873 00:31:58,816 --> 00:32:03,254 GIVEN BACK THE $13 MILLION THAT 874 00:32:03,254 --> 00:32:04,822 THEY HAVE BEEN OVERPAID, WHILE 875 00:32:04,822 --> 00:32:06,658 AT THE SAME TIME CUTTING FUNDING 876 00:32:06,658 --> 00:32:07,992 LIKE THE FIRE DEPARTMENT. 877 00:32:07,992 --> 00:32:10,094 BECAUSE IF WE DO THAT, THE NEXT 878 00:32:10,094 --> 00:32:11,229 TIME SOMEONE NEEDS HELP OR GETS 879 00:32:11,229 --> 00:32:12,664 HIT BY A TRUCK AND THEY'RE NOT 880 00:32:12,664 --> 00:32:14,265 THERE TO PROVIDE SUPPORT BECAUSE 881 00:32:14,265 --> 00:32:16,567 THEY'VE BEEN CUT, I GUESS THAT 882 00:32:16,567 --> 00:32:20,204 PERSON JUST DIES. NOW. SO YES, 883 00:32:20,204 --> 00:32:23,274 THANK YOU FOR YOUR TIME. HAVE A 884 00:32:23,274 --> 00:32:25,576 GOOD DAY 885 00:32:25,576 --> 00:32:26,811 -- THANK YOU. UP NEXT IS HANNAH 886 00:32:26,811 --> 00:32:28,179 ZIPH, FOLLOWED BY STEPHANIE 887 00:32:28,179 --> 00:32:31,449 ZISMAN. AND THEN JULIE CHANG. 888 00:32:31,449 --> 00:32:34,285 SHULMAN. HANNAH, WELCOME STAR 889 00:32:34,285 --> 00:32:34,952 SIX TO UNMUTE AND I SEE YOU'RE 890 00:32:34,952 --> 00:32:38,156 OFF MUTE. WELCOME. 891 00:32:38,156 --> 00:32:40,992 -- HI. THANK YOU. MY NAME IS 892 00:32:40,992 --> 00:32:41,559 HANNAH FROM PIONEER SQUARE 893 00:32:41,559 --> 00:32:43,661 CALLING ABOUT ECONOMIC HEALTH. 894 00:32:43,661 --> 00:32:46,264 MOST PEOPLE WHO COMMENTED ABOUT 895 00:32:46,264 --> 00:32:47,298 THE BUDGET THROUGHOUT THIS 896 00:32:47,298 --> 00:32:49,033 PROCESS SAID THAT WE WANT TO SEE 897 00:32:49,033 --> 00:32:51,302 INVESTMENT INTO OUR COMMUNITY 898 00:32:51,302 --> 00:32:53,671 SEATTLE THROUGH THE ARTS AND 899 00:32:53,671 --> 00:32:55,907 OTHER DIRECT COMMUNITY BUILDING 900 00:32:55,907 --> 00:32:58,443 EFFORTS, NOT THROUGH INCREASING 901 00:32:58,443 --> 00:32:59,344 THE SPD BUDGET. SPECIFICALLY, AS 902 00:32:59,344 --> 00:33:01,646 IT WOULD SEEM. THE MAYOR 903 00:33:01,646 --> 00:33:02,747 SABOTAGED HER PROPOSED BUDGET 904 00:33:02,747 --> 00:33:05,383 INCREASE BY USING THE SEATTLE 905 00:33:05,383 --> 00:33:07,118 POLICE DEPARTMENT ON THE TRANS 906 00:33:07,118 --> 00:33:09,387 COMMUNITY IN CAL ANDERSON PARK. 907 00:33:09,387 --> 00:33:11,222 THAT IS NOT REALLY ACCEPTABLE TO 908 00:33:11,222 --> 00:33:14,192 THROW ROCKS AND HIDE HANDS OR DO 909 00:33:14,192 --> 00:33:15,693 THINGS AT THE EXPENSE OF HARMING 910 00:33:15,693 --> 00:33:17,495 OTHERS. HOWEVER, I'M NOT SURE 911 00:33:17,495 --> 00:33:20,064 WHAT THE ALTERNATIVE WOULD HAVE 912 00:33:20,064 --> 00:33:20,965 BEEN WHEN 35 CORPORATIONS 913 00:33:20,965 --> 00:33:22,934 CREATED A PETITION TO GET WILSON 914 00:33:22,934 --> 00:33:24,736 TO INCREASE THE SPD BUDGET. WHEN 915 00:33:24,736 --> 00:33:26,237 I LOOK AT COMMENTS FOR 916 00:33:26,237 --> 00:33:27,638 IMPROVEMENTS, FOR EXAMPLE, 917 00:33:27,638 --> 00:33:29,073 REGARDING THE PUBLIC BATHROOMS, 918 00:33:29,073 --> 00:33:30,641 PEOPLE ARE VERY CONCERNED ABOUT 919 00:33:30,641 --> 00:33:32,710 WASTING MONEY ON PRODUCTS THAT 920 00:33:32,710 --> 00:33:34,746 ARE OVERLY EXPENSIVE. SO FOR THE 921 00:33:34,746 --> 00:33:37,315 BATHROOMS THEY WERE SAYING $140 922 00:33:37,315 --> 00:33:39,083 PER BATHROOM IS TOO EXPENSIVE. 923 00:33:39,083 --> 00:33:40,118 HOWEVER, WHEN WE DON'T TAKE CARE 924 00:33:40,118 --> 00:33:42,920 OF THINGS AS NEEDED, THEN WE ARE 925 00:33:42,920 --> 00:33:45,223 SUBJECT TO PRICE GOUGING AND 926 00:33:45,223 --> 00:33:46,991 EXPENSES GOING UP EXPONENTIALLY. 927 00:33:46,991 --> 00:33:48,426 WE NEED OUR INVESTMENTS TO BE 928 00:33:48,426 --> 00:33:50,228 GIVING STEADY RETURNS. SEATTLE 929 00:33:50,228 --> 00:33:52,463 IS AN EXTREMELY PROFITABLE CITY, 930 00:33:52,463 --> 00:33:54,298 BUT BUDGETING FOR FAKE JOB 931 00:33:54,298 --> 00:33:56,100 POSITIONS THAT ARE NOT REALISTIC 932 00:33:56,100 --> 00:33:58,002 IN TERMS OF THEIR JOB 933 00:33:58,002 --> 00:33:59,570 REQUIREMENTS. THESE FAKE ROLES 934 00:33:59,570 --> 00:34:00,905 ARE CREATED TO CUSHION THE 935 00:34:00,905 --> 00:34:01,372 BUDGET FOR DIFFERENT 936 00:34:01,372 --> 00:34:02,940 DEPARTMENTS, NOT HIRE PEOPLE. 937 00:34:02,940 --> 00:34:05,042 IT'S DISHONEST AND HURTS OUR 938 00:34:05,042 --> 00:34:07,311 BOTTOM LINE. SEATTLE IS A 939 00:34:07,311 --> 00:34:09,514 CORPORATION TO PURSUE CREATIVE 940 00:34:09,514 --> 00:34:11,582 REVENUE AVENUES. BESIDES TAXES, 941 00:34:11,582 --> 00:34:13,484 EVERY DEALING WITH CORPORATE 942 00:34:13,484 --> 00:34:15,586 ENTITIES SHOULD BOLSTER THE 943 00:34:15,586 --> 00:34:17,088 CITY'S TRUST FUNDS. SEATTLEITES 944 00:34:17,088 --> 00:34:18,623 WEALTH SHOULD ONLY BE 945 00:34:18,623 --> 00:34:19,991 INCREASING. THANK YOU FOR 946 00:34:19,991 --> 00:34:21,926 KEEPING AN EYE ON THE BUDGET 947 00:34:21,926 --> 00:34:22,560 GROWING OUR COLLECTIVE WEALTH, 948 00:34:22,560 --> 00:34:26,164 AND FENDING OFF CORPORATE GREED. 949 00:34:26,164 --> 00:34:27,231 THIS IS THE EVERGREEN CITY AND 950 00:34:27,231 --> 00:34:29,100 THE CITY OF GOODWILL, NOT A 951 00:34:29,100 --> 00:34:30,968 GOLDEN GOOSE KILLING CITY. WE 952 00:34:30,968 --> 00:34:32,970 ARE A CITY OF CONTINUOUS PROFIT 953 00:34:32,970 --> 00:34:35,173 FOR ALL. THANK YOU FOR WATCHING 954 00:34:35,173 --> 00:34:38,810 OUR BOTTOM LINE AND STANDING 955 00:34:38,810 --> 00:34:39,444 COURAGEOUSLY ON THAT BUSINESS. 956 00:34:39,444 --> 00:34:41,813 -- THANK YOU HANNAH. UP NEXT IS 957 00:34:41,813 --> 00:34:43,147 STEPHANIE, FOLLOWED BY JULIE 958 00:34:43,147 --> 00:34:44,182 CHANG SHULMAN AND THEN DAVID 959 00:34:44,182 --> 00:34:45,416 HAINES. STEPHANIE, I SEE YOU'RE 960 00:34:45,416 --> 00:34:52,190 HERE. STAR SIX TO UNMUTE. THERE 961 00:34:52,190 --> 00:34:54,692 YOU ARE. WELCOME 962 00:34:54,692 --> 00:34:56,561 -- GOOD MORNING. MY NAME IS 963 00:34:56,561 --> 00:34:58,362 STEPHANIE AND I'M THE ASSISTANT 964 00:34:58,362 --> 00:35:00,364 DIRECTOR OF THE COMMUNITY DINING 965 00:35:00,364 --> 00:35:01,899 PROGRAM AT SOUND GENERATIONS. I 966 00:35:01,899 --> 00:35:03,000 AM SPEAKING TODAY AS A MEMBER OF 967 00:35:03,000 --> 00:35:06,537 THE MEALS PARTNERSHIP COALITION. 968 00:35:06,537 --> 00:35:07,839 I'M HERE TODAY TO SUPPORT TO 969 00:35:07,839 --> 00:35:09,006 SUPPORT PERMANENT FUNDING FOR 970 00:35:09,006 --> 00:35:10,475 MEAL PROGRAMS. I WANT TO THANK 971 00:35:10,475 --> 00:35:11,976 MAYOR WILSON FOR INCLUDING 1 972 00:35:11,976 --> 00:35:13,544 MILLION IN PERMANENT FUNDING FOR 973 00:35:13,544 --> 00:35:15,613 MEAL PROGRAMS IN THE 2027 974 00:35:15,613 --> 00:35:18,115 BUDGET. THANK YOU ALSO TO 975 00:35:18,115 --> 00:35:18,749 COUNCIL PRESIDENT HOLLINGSWORTH 976 00:35:18,749 --> 00:35:20,384 AND COUNCILMEMBERS RINCK AND 977 00:35:20,384 --> 00:35:21,953 FOSTER FOR YOUR LEADERSHIP IN 978 00:35:21,953 --> 00:35:23,721 SUPPORTING FUNDING FOR FOOD 979 00:35:23,721 --> 00:35:26,691 ACCESS. I URGE THE COUNCIL TO 980 00:35:26,691 --> 00:35:27,325 SUSTAIN THIS INVESTMENT IN THE 981 00:35:27,325 --> 00:35:28,659 FINAL BUDGET. THE COMMUNITY 982 00:35:28,659 --> 00:35:30,928 DINING PROGRAM PROVIDES FRESH, 983 00:35:30,928 --> 00:35:32,930 NUTRITIOUS AND CULTURALLY 984 00:35:32,930 --> 00:35:34,532 RELEVANT MEALS TO OLDER ADULTS 985 00:35:34,532 --> 00:35:36,834 WHILE SOCIALIZING WITH OTHERS IN 986 00:35:36,834 --> 00:35:37,468 PARTNERSHIP WITH SITES WE SERVE 987 00:35:37,468 --> 00:35:39,303 HOT MEALS AND SUPPORT COMMUNITY 988 00:35:39,303 --> 00:35:41,939 CONNECTIONS AT 16 LOCATIONS 989 00:35:41,939 --> 00:35:43,407 THROUGHOUT SEATTLE. OUR MEAL 990 00:35:43,407 --> 00:35:44,642 PROGRAM ALSO SERVES AS AN 991 00:35:44,642 --> 00:35:46,477 IMPORTANT GATEWAY TO OTHER 992 00:35:46,477 --> 00:35:48,713 SERVICES, CONNECTING OLDER 993 00:35:48,713 --> 00:35:49,347 ADULTS WITH ADDITIONAL RESOURCES 994 00:35:49,347 --> 00:35:50,348 AND SUPPORT THAT CAN HELP 995 00:35:50,348 --> 00:35:52,216 IMPROVE THEIR OVERALL WELL-BEING 996 00:35:52,216 --> 00:35:55,520 AND QUALITY OF LIFE. LAST YEAR, 997 00:35:55,520 --> 00:35:56,087 BUDGET SHORTFALLS, STAFFING 998 00:35:56,087 --> 00:35:57,088 CHALLENGES, AND GROWING DEMAND 999 00:35:57,088 --> 00:35:59,290 FOR MEALS MADE FROM SCRATCH AND 1000 00:35:59,290 --> 00:36:00,725 RISING FOOD COSTS REQUIRED US TO 1001 00:36:00,725 --> 00:36:03,461 WORK WITH HALF OF OUR MEAL 1002 00:36:03,461 --> 00:36:04,095 LOCATIONS TO RESTRICT THE NUMBER 1003 00:36:04,095 --> 00:36:06,964 OF MEALS SERVED. SUSTAINED MEAL 1004 00:36:06,964 --> 00:36:07,565 FUNDING MEAL PROGRAM FUNDING 1005 00:36:07,565 --> 00:36:09,233 HELPS OFFSET THESE PRESSURES BY 1006 00:36:09,233 --> 00:36:11,769 PROVIDING VALUABLE RESOURCES, 1007 00:36:11,769 --> 00:36:12,904 INCLUDING LOCALLY GROWN FOOD 1008 00:36:12,904 --> 00:36:14,572 ITEMS THAT HELP COVER OUR 1009 00:36:14,572 --> 00:36:16,040 EXPENSES AND EASE THE FINANCIAL 1010 00:36:16,040 --> 00:36:17,775 BURDEN ON OUR PROGRAM. 1011 00:36:17,775 --> 00:36:19,777 SUSTAINING THIS MODEST 1012 00:36:19,777 --> 00:36:20,411 INVESTMENT HELPS ENSURE THAT WE 1013 00:36:20,411 --> 00:36:23,147 CAN CONTINUE SERVING NUTRITIOUS 1014 00:36:23,147 --> 00:36:23,948 MEALS TO THE OLDER ADULTS WHO 1015 00:36:23,948 --> 00:36:27,184 RELY ON OUR MEAL PROGRAM. AGAIN, 1016 00:36:27,184 --> 00:36:28,452 MY NAME IS STEPHANIE STEVE SMITH 1017 00:36:28,452 --> 00:36:28,986 WITH THE COMMUNITY DINING 1018 00:36:28,986 --> 00:36:30,655 PROGRAM AT SOUND GENERATIONS, 1019 00:36:30,655 --> 00:36:33,291 AND I URGE YOU TO SUSTAIN THE 1020 00:36:33,291 --> 00:36:34,792 FUNDING FOR MEAL PROGRAMS 1021 00:36:34,792 --> 00:36:35,893 INCLUDED IN THE MAYOR'S PROPOSED 1022 00:36:35,893 --> 00:36:37,461 BUDGET. THANK YOU FOR YOUR TIME. 1023 00:36:37,461 --> 00:36:38,796 -- THANK YOU. STEPHANIE. UP 1024 00:36:38,796 --> 00:36:41,132 NEXT, WE HAVE JULIE CHANG 1025 00:36:41,132 --> 00:36:42,567 SCHULMAN, FOLLOWED BY DAVID 1026 00:36:42,567 --> 00:36:43,701 HAYNES. JULIE, I SEE YOU'RE 1027 00:36:43,701 --> 00:36:49,907 HERE. STAR SIX TO UNMUTE. 1028 00:36:49,907 --> 00:36:50,174 -- HELLO. 1029 00:36:50,174 --> 00:36:51,275 -- GOOD MORNING. 1030 00:36:51,275 --> 00:36:53,010 -- HI. 1031 00:36:53,010 --> 00:36:54,946 -- GOOD MORNING. MY NAME IS 1032 00:36:54,946 --> 00:36:55,546 JULIE. I'M A CO-EXECUTIVE 1033 00:36:55,546 --> 00:36:57,415 STEWARD OF FOREVER SAFE SPACES. 1034 00:36:57,415 --> 00:36:59,650 AND ON THE BLOCK SEATTLE. I'M 1035 00:36:59,650 --> 00:37:00,785 ALSO THE COAUTHOR OF THE ART AND 1036 00:37:00,785 --> 00:37:02,920 CULTURE IS PUBLIC SAFETY 1037 00:37:02,920 --> 00:37:03,888 INFRASTRUCTURE OPEN LETTER THAT 1038 00:37:03,888 --> 00:37:05,389 YOU ALL HAVE RECEIVED. AND THANK 1039 00:37:05,389 --> 00:37:08,192 YOU FOR THOSE THAT HAVE BEEN 1040 00:37:08,192 --> 00:37:08,826 RESPONSIVE IN REACHING BACK OUT 1041 00:37:08,826 --> 00:37:10,061 TO US. AS OF THIS MORNING, I 1042 00:37:10,061 --> 00:37:11,395 WANTED TO UPDATE YOU ALL THAT 1043 00:37:11,395 --> 00:37:14,398 THIS LETTER HAS BEEN SIGNED BY 1044 00:37:14,398 --> 00:37:14,932 OVER A THOUSAND COMMUNITY 1045 00:37:14,932 --> 00:37:17,401 MEMBERS AND OVER 130 1046 00:37:17,401 --> 00:37:19,770 ORGANIZATIONS AND SMALL 1047 00:37:19,770 --> 00:37:20,571 BUSINESSES, AND I ALSO WANTED TO 1048 00:37:20,571 --> 00:37:23,074 NAME THAT. THIS IS A DISTINCT 1049 00:37:23,074 --> 00:37:25,142 EFFORT FROM THE INSPIRE 1050 00:37:25,142 --> 00:37:25,776 WASHINGTON LETTER, EMPHASIZING 1051 00:37:25,776 --> 00:37:28,412 THAT WE WANT THIS MONEY TO BE 1052 00:37:28,412 --> 00:37:30,681 COMING FROM THE SPD BUDGET AND A 1053 00:37:30,681 --> 00:37:34,452 PART OF THE CITY'S PUBLIC SAFETY 1054 00:37:34,452 --> 00:37:36,320 PLAN. THE WORK THAT WE DO IS A 1055 00:37:36,320 --> 00:37:37,622 FUNDAMENTAL TRUTH THAT ART AND 1056 00:37:37,622 --> 00:37:40,558 CULTURAL PLACEMAKING IS PUBLIC 1057 00:37:40,558 --> 00:37:41,759 SAFETY INFRASTRUCTURE. I KNOW 1058 00:37:41,759 --> 00:37:43,961 THIS FROM MY OWN LIFE EXPERIENCE 1059 00:37:43,961 --> 00:37:45,363 AS A FORMER RUNAWAY AND SURVIVOR 1060 00:37:45,363 --> 00:37:46,564 OF TRAFFICKING. AS A CHILD, WHEN 1061 00:37:46,564 --> 00:37:49,300 I WAS AT MY MOST VULNERABLE, IT 1062 00:37:49,300 --> 00:37:51,936 WAS THE SEATTLE ART AND CULTURAL 1063 00:37:51,936 --> 00:37:52,570 COMMUNITY THAT PROVIDED ME THE 1064 00:37:52,570 --> 00:37:54,205 SANCTUARY IN A WAY TO MOVE 1065 00:37:54,205 --> 00:37:56,240 FORWARD. AND TODAY WE AND MANY 1066 00:37:56,240 --> 00:37:58,643 OTHER SMALL ORGANIZATIONS IN THE 1067 00:37:58,643 --> 00:38:01,012 CITY PLAY THESE LIVING LEGACIES 1068 00:38:01,012 --> 00:38:02,013 FORWARD ACROSS OUR FOUR SPACES. 1069 00:38:02,013 --> 00:38:03,147 WE SERVE OVER 60 DIFFERENT ART 1070 00:38:03,147 --> 00:38:05,783 AND CULTURAL WORKERS WHO IN TURN 1071 00:38:05,783 --> 00:38:06,550 PAY THAT FORWARD AND PROVIDE 1072 00:38:06,550 --> 00:38:08,719 THOUSANDS OF HOURS OF FREE 1073 00:38:08,719 --> 00:38:09,987 SERVICES AND PROGRAMING FOR THE 1074 00:38:09,987 --> 00:38:11,689 COMMUNITY. THIS IS THE WORK THAT 1075 00:38:11,689 --> 00:38:13,524 BUILDS COHESION AND HEALING AND 1076 00:38:13,524 --> 00:38:15,026 COLLECTIVE CARE, AND THAT IS THE 1077 00:38:15,026 --> 00:38:16,527 FOUNDATION OF TRUE SAFETY. AND 1078 00:38:16,527 --> 00:38:19,463 THIS PAST SUMMER, WITH THIS 3.6 1079 00:38:19,463 --> 00:38:21,699 MILLION INVESTMENT THAT FUNDED 1080 00:38:21,699 --> 00:38:22,199 ALL THESE GORGEOUS ART 1081 00:38:22,199 --> 00:38:23,701 ACTIVATIONS ALL OVER THE CITY BY 1082 00:38:23,701 --> 00:38:25,336 PAYING LOCAL ARTISTS TO BRING 1083 00:38:25,336 --> 00:38:27,138 THIS WORK TO THE STREETS, TO 1084 00:38:27,138 --> 00:38:28,472 BRING IT OUTSIDE, TO MAKE IT 1085 00:38:28,472 --> 00:38:30,641 VISIBLE. WE ACHIEVED THIS 1086 00:38:30,641 --> 00:38:32,276 HISTORIC DECLINE IN VIOLENCE ALL 1087 00:38:32,276 --> 00:38:33,644 OVER THE CITY, AND I JUST WANTED 1088 00:38:33,644 --> 00:38:36,113 TO NAME THIS AND UPDATE YOU ALL 1089 00:38:36,113 --> 00:38:37,481 ON THE PROGRESS AND THE AMOUNT 1090 00:38:37,481 --> 00:38:40,318 OF VOICES THAT ARE CALLING FOR 1091 00:38:40,318 --> 00:38:42,520 THIS INVESTMENT, AND FOR IT TO 1092 00:38:42,520 --> 00:38:45,923 COME FROM SPD. THANK YOU. 1093 00:38:45,923 --> 00:38:48,326 -- THANK YOU JULIE. UP NEXT, WE 1094 00:38:48,326 --> 00:38:49,994 HAVE DAVID HAINES. DAVID, I SEE 1095 00:38:49,994 --> 00:38:50,961 YOU'RE HERE. STAR SIX TO 1096 00:38:50,961 --> 00:38:54,865 UNMUTE. GOOD MORNING. 1097 00:38:54,865 --> 00:38:56,634 -- ALL THANK YOU. DAVID HAINES, 1098 00:38:56,634 --> 00:38:59,704 LAURA QUEEN ANNE AND I CALLED IN 1099 00:38:59,704 --> 00:39:01,238 TODAY TO ADDRESS A STAGGERING 1100 00:39:01,238 --> 00:39:02,673 DISPLAY OF LOCAL FAILURE AND 1101 00:39:02,673 --> 00:39:04,442 POLITICAL HYPOCRISY. SEATTLE IS 1102 00:39:04,442 --> 00:39:06,043 TRAPPED IN A SLOW MOTION 1103 00:39:06,043 --> 00:39:07,411 HUMANITARIAN CRISIS BECAUSE 1104 00:39:07,411 --> 00:39:08,979 LOCAL, STATE AND FEDERAL LEADERS 1105 00:39:08,979 --> 00:39:10,548 REFUSED TO TREAT OUR HOMELESS 1106 00:39:10,548 --> 00:39:12,850 CRISIS AND PUBLIC SAFETY CRISIS 1107 00:39:12,850 --> 00:39:13,451 LIKE AN ACTUAL EMERGENCY. 1108 00:39:13,451 --> 00:39:14,919 INSTEAD OF AN IMMEDIATE, 1109 00:39:14,919 --> 00:39:15,953 AGGRESSIVE RESPONSE, THE CITY IS 1110 00:39:15,953 --> 00:39:17,888 TELLING US TO WAIT UNTIL THE END 1111 00:39:17,888 --> 00:39:19,557 OF 27 JUST TO SEE A SCALED DOWN 1112 00:39:19,557 --> 00:39:21,692 ROLLOUT OF EMERGENCY SHELTER 1113 00:39:21,692 --> 00:39:23,294 BEDS, TWO MORE YEARS OF TENTS 1114 00:39:23,294 --> 00:39:24,862 OCCUPYING OUR SIDEWALKS, OPEN 1115 00:39:24,862 --> 00:39:26,697 AIR DRUG MARKETS AND HUMAN 1116 00:39:26,697 --> 00:39:28,499 SUFFERING AS A BUREAUCRATIC 1117 00:39:28,499 --> 00:39:29,900 SURRENDER. THE HYPOCRISY OF THIS 1118 00:39:29,900 --> 00:39:31,035 TIMELINE IS INSULTING. WHEN WE 1119 00:39:31,035 --> 00:39:32,837 LOOK AT YOUR OTHER SPENDING 1120 00:39:32,837 --> 00:39:34,705 PRIORITIES, THIS COUNCIL HAS NO 1121 00:39:34,705 --> 00:39:37,007 PROBLEM IMMEDIATELY FUNDING $100 1122 00:39:37,007 --> 00:39:39,477 MILLION FOR UNACCOUNTABLE SOCIAL 1123 00:39:39,477 --> 00:39:39,944 SERVICES AND VIOLENCE 1124 00:39:39,944 --> 00:39:41,045 INTERRUPTERS THAT CODDLE 1125 00:39:41,045 --> 00:39:43,047 PROLIFIC, GUN TOTING REPEAT 1126 00:39:43,047 --> 00:39:44,615 OFFENDERS. YOU ARE ACTIVELY 1127 00:39:44,615 --> 00:39:46,417 MODELING OUR PUBLIC SAFETY 1128 00:39:46,417 --> 00:39:48,119 RESPONSE AFTER THE FAILED CRIME 1129 00:39:48,119 --> 00:39:50,020 RIDDEN BLUEPRINTS OF CITIES LIKE 1130 00:39:50,020 --> 00:39:51,355 BALTIMORE, ALL WHILE OUR 1131 00:39:51,355 --> 00:39:53,824 NEIGHBORHOODS FACE A CRISIS OF 1132 00:39:53,824 --> 00:39:54,458 LAWLESS YOUTH COMMITTING ARMED 1133 00:39:54,458 --> 00:39:55,526 CARJACKINGS. EVEN WORSE, YOUR 1134 00:39:55,526 --> 00:39:57,962 PROGRESSIVE POLICIES ROUTINELY 1135 00:39:57,962 --> 00:39:59,663 MISCONSTRUE FULL GROWN 27 YEAR 1136 00:39:59,663 --> 00:40:01,198 OLD ADULTS AS CHILDREN OR YOUTH 1137 00:40:01,198 --> 00:40:03,334 TO SHIELD THEM FROM ADULT 1138 00:40:03,334 --> 00:40:04,769 CONSEQUENCES. LET'S BE HONEST 1139 00:40:04,769 --> 00:40:06,437 ABOUT WHY THIS HAPPENS. IT IS A 1140 00:40:06,437 --> 00:40:07,905 MASSIVE POLITICAL PAYOUT 1141 00:40:07,905 --> 00:40:09,039 DESIGNED TO BUY UP THE LEGACY OF 1142 00:40:09,039 --> 00:40:10,141 THE GEORGE FLOYD AND BLACK LIVES 1143 00:40:10,141 --> 00:40:13,811 MATTER PROTESTERS. YOU HAVE AN 1144 00:40:13,811 --> 00:40:14,345 ENDLESS BLANK CHECK THAT 1145 00:40:14,345 --> 00:40:17,381 SUBSIDIZE BUT NOTHING BUT DELAYS 1146 00:40:17,381 --> 00:40:17,915 FOR THE VULNERABLE PEOPLE 1147 00:40:17,915 --> 00:40:19,016 FREEZING IN OUR STREETS. WE 1148 00:40:19,016 --> 00:40:21,786 SHOULD BE DEMANDING THAT THE 1149 00:40:21,786 --> 00:40:22,420 GOVERNOR MOBILIZE THE NATIONAL 1150 00:40:22,420 --> 00:40:24,922 GUARD, THE NOBLE NATIONAL GUARD 1151 00:40:24,922 --> 00:40:25,823 IMMEDIATELY. WE NEED THEM TO 1152 00:40:25,823 --> 00:40:28,092 DISPLAY THEIR UNMATCHED 1153 00:40:28,092 --> 00:40:29,260 ENGINEERING AND LOGISTICAL 1154 00:40:29,260 --> 00:40:31,429 CAPABILITIES TO STAND UP, 1155 00:40:31,429 --> 00:40:31,962 AUTHORIZED, ORGANIZED AND 1156 00:40:31,962 --> 00:40:33,030 MANAGED ENCAMPMENTS IN A MATTER 1157 00:40:33,030 --> 00:40:35,766 OF DAYS, NOT YEARS. WE DO NOT 1158 00:40:35,766 --> 00:40:38,135 WANT MORE EXPENSIVE, UNPROVEN 1159 00:40:38,135 --> 00:40:39,570 SOCIAL EXPERIMENTS FUNDED BY OUR 1160 00:40:39,570 --> 00:40:41,839 HARD EARNED TAX DOLLARS. WE WANT 1161 00:40:41,839 --> 00:40:43,707 ACCOUNTABILITY. WE WANT OUR 1162 00:40:43,707 --> 00:40:45,042 EXISTING LAWS STRICTLY ENFORCED, 1163 00:40:45,042 --> 00:40:46,043 AND WE WANT VIOLENT CRIMINALS 1164 00:40:46,043 --> 00:40:47,344 OFF OUR STREETS. IT IS TIME FOR 1165 00:40:47,344 --> 00:40:50,247 THE COUNCIL TO STOP APOLOGIZING 1166 00:40:50,247 --> 00:40:53,584 FOR OFFENDERS. STOP TRYING TO 1167 00:40:53,584 --> 00:40:55,019 BUY PEACE FROM POLITICAL 1168 00:40:55,019 --> 00:40:56,587 ACTIVISTS AND START PRIORITIZING 1169 00:40:56,587 --> 00:40:57,922 THE SAFETY OF THE CITIZENS WHO 1170 00:40:57,922 --> 00:40:59,757 ELECTED YOU. THANK YOU. 1171 00:40:59,757 --> 00:41:01,425 -- THANK YOU, DAVID. AND WE HAVE 1172 00:41:01,425 --> 00:41:04,061 ONE LAST PUBLIC COMMENTER WHO IS 1173 00:41:04,061 --> 00:41:05,529 HERE IN PERSON, ALTHOUGH I SAW 1174 00:41:05,529 --> 00:41:08,799 THEM WALK OUT THE BACK DOOR. SO 1175 00:41:08,799 --> 00:41:10,601 LYDIA TAYLOR, IF YOU CAN HEAR 1176 00:41:10,601 --> 00:41:11,702 US, WOULD YOU LIKE TO GIVE 1177 00:41:11,702 --> 00:41:12,369 PUBLIC COMMENT AS WELL TODAY? 1178 00:41:12,369 --> 00:41:14,605 WOULD YOU LIKE TO TELL US HOW TO 1179 00:41:14,605 --> 00:41:16,740 GET OUR CITY BUILDING AGAIN? I 1180 00:41:16,740 --> 00:41:18,542 CAN TELL YOU WE WILL BENEFIT 1181 00:41:18,542 --> 00:41:20,277 FROM THAT CONSTRUCTION SALES 1182 00:41:20,277 --> 00:41:22,513 TAX. GOOD TO SEE YOU MY FRIEND. 1183 00:41:22,513 --> 00:41:25,382 LYDIA, IF YOU CAN HEAR ME, YOU 1184 00:41:25,382 --> 00:41:26,851 ARE UP NEXT AND WE ARE WAITING 1185 00:41:26,851 --> 00:41:30,588 ON YOU. LYDIA ANYONE WANT TO 1186 00:41:30,588 --> 00:41:32,990 POKE THEIR HEAD OUT THE BACK 1187 00:41:32,990 --> 00:41:34,592 AISLES? I SAW THEM WALK OUT 1188 00:41:34,592 --> 00:41:36,861 THERE JUST A SECOND AGO. LYDIA. 1189 00:41:36,861 --> 00:41:40,364 LYDIA. OH, TAYLOR. LYDIA. OH, 1190 00:41:40,364 --> 00:41:43,467 TAYLOR. WE ARE LOOKING FOR YOU. 1191 00:41:43,467 --> 00:41:44,668 LYDIA. THIS POINT. JUST TRYING 1192 00:41:44,668 --> 00:41:49,039 TO STALL SO THAT YOU CAN GIVE 1193 00:41:49,039 --> 00:41:52,710 PUBLIC COMMENT. BECAUSE I JUST 1194 00:41:52,710 --> 00:42:00,551 SAW YOU. 1195 00:42:00,684 --> 00:42:03,254 ALL RIGHT, WE'LL PAUSE. WE WILL 1196 00:42:03,254 --> 00:42:05,256 TRY TO DRAW THIS ONE OUT AS LONG 1197 00:42:05,256 --> 00:42:07,358 AS WE CAN TO SEE IF LYDIA COMES 1198 00:42:07,358 --> 00:42:17,868 BACK WITH US. ALL RIGHT. WELL 1199 00:42:20,437 --> 00:42:24,275 THAT THAT'S TOO BAD. GOING ONE 1200 00:42:24,275 --> 00:42:27,678 LAST TIME. LYDIA ONE TWICE. 1201 00:42:27,678 --> 00:42:35,219 LYDIA ON THREE TIMES. LYDIA AND 1202 00:42:35,219 --> 00:42:37,554 UNFORTUNATELY, WE'LL CHECK WITH 1203 00:42:37,554 --> 00:42:38,689 ITIT. CAN YOU CONFIRM WE HAVE NO 1204 00:42:38,689 --> 00:42:42,059 MORE PUBLIC COMMENT? REGISTRANTS 1205 00:42:42,059 --> 00:42:44,161 ONLINE 1206 00:42:44,161 --> 00:42:45,596 -- THAT IS CORRECT. 1207 00:42:45,596 --> 00:42:46,630 -- THANK YOU. AND PHIL, CAN YOU 1208 00:42:46,630 --> 00:42:48,866 CONFIRM WE HAVE NO MORE PUBLIC 1209 00:42:48,866 --> 00:42:51,302 COMMENT? REGISTRANTS IN PERSON? 1210 00:42:51,302 --> 00:42:53,003 -- YES THAT'S CORRECT. 1211 00:42:53,003 --> 00:42:57,441 -- THANK YOU. AND LYDIA, ARE YOU 1212 00:42:57,441 --> 00:43:01,845 PRESENT? I SEE NOT ALL RIGHT. 1213 00:43:01,845 --> 00:43:07,651 WELL, LYDIA, IS THAT YOU? I JUST 1214 00:43:07,651 --> 00:43:09,420 HEARD A DOOR CLOSE. LYDIA, 1215 00:43:09,420 --> 00:43:10,955 THAT'S NOT LYDIA. OH. LYDIA'S 1216 00:43:10,955 --> 00:43:12,389 COMING. ALL RIGHT, LYDIA, WE ARE 1217 00:43:12,389 --> 00:43:13,991 WAITING ON YOU, MY FRIEND. COME 1218 00:43:13,991 --> 00:43:16,260 ON UP. WE ARE. YOUR CLOCK IS 1219 00:43:16,260 --> 00:43:19,463 READY AS SOON AS YOU ARE. 1220 00:43:19,463 --> 00:43:21,365 -- I'M SORRY. 1221 00:43:21,365 --> 00:43:22,333 -- YOU'RE FINE. 1222 00:43:22,333 --> 00:43:26,637 -- HI. MY NAME IS LYDIA TAYLOR. 1223 00:43:26,637 --> 00:43:30,207 I'M. JUST HERE TO ASK FOR MORE 1224 00:43:30,207 --> 00:43:32,309 FUNDING FOR PUBLIC SERVICES. AND 1225 00:43:32,309 --> 00:43:35,679 ALSO TO NOT FUND THE SPD 1226 00:43:35,679 --> 00:43:37,514 -- THANK YOU. LYDIA. SEEING AS 1227 00:43:37,514 --> 00:43:40,150 WE HAVE NO ADDITIONAL SPEAKERS 1228 00:43:40,150 --> 00:43:41,552 PRESENT SIGNED UP, WE WILL MOVE 1229 00:43:41,552 --> 00:43:43,587 ON TO OUR NEXT ITEM OF BUSINESS. 1230 00:43:43,587 --> 00:43:44,989 CLERK, WILL YOU PLEASE READ THE 1231 00:43:44,989 --> 00:43:49,927 FIRST ITEM INTO THE RECORD? 1232 00:43:49,927 --> 00:43:51,462 -- AGENDA ITEM ONE INTRODUCTION 1233 00:43:51,462 --> 00:43:53,030 AND OVERVIEW FOR BRIEFING AND 1234 00:43:53,030 --> 00:43:53,330 DISCUSSION. 1235 00:43:53,330 --> 00:43:54,999 -- THANK YOU. WE HAVE DIRECTOR 1236 00:43:54,999 --> 00:43:56,734 LISH WHITSON AND DEPUTY DIRECTOR 1237 00:43:56,734 --> 00:43:58,135 CALVIN CHOW FROM COUNCIL CENTRAL 1238 00:43:58,135 --> 00:44:00,437 STAFF WITH US. WE DO HAVE 1239 00:44:00,437 --> 00:44:00,938 DIRECTOR PANUCCI IN THE 1240 00:44:00,938 --> 00:44:02,940 AUDIENCE. HOWEVER, HER TIME ON 1241 00:44:02,940 --> 00:44:05,042 AT THE TABLE HAS NOW PASSED. SO 1242 00:44:05,042 --> 00:44:06,643 IF WE DO NEED TO TALK WITH HER, 1243 00:44:06,643 --> 00:44:11,015 SHE'S EASY AND AVAILABLE TO US. 1244 00:44:11,015 --> 00:44:11,448 AND FOR THE ONGOING 1245 00:44:11,448 --> 00:44:14,585 PRESENTATIONS, WE WILL BE LED BY 1246 00:44:14,585 --> 00:44:16,653 COUNCIL CENTRAL. WITH THAT, LISH 1247 00:44:16,653 --> 00:44:17,788 AND KETTLE BRIEF INTRODUCTIONS 1248 00:44:17,788 --> 00:44:19,690 AND JUST JUMP RIGHT ON INTO YOUR 1249 00:44:19,690 --> 00:44:21,792 PRESENTATION. COLLEAGUES WILL 1250 00:44:21,792 --> 00:44:25,362 HOLD QUESTIONS UNTIL THE END OF 1251 00:44:25,362 --> 00:44:25,763 THE PRESENTATION. 1252 00:44:25,763 --> 00:44:27,631 -- LISH WHITSON COUNCIL CENTRAL 1253 00:44:27,631 --> 00:44:27,865 STAFF. 1254 00:44:27,865 --> 00:44:30,334 -- CALVIN CHOW WITH. 1255 00:44:30,334 --> 00:44:30,868 -- COUNCIL CENTRAL STAFF. 1256 00:44:30,868 --> 00:44:33,904 -- AND AS A REMINDER, WE ARE IN 1257 00:44:33,904 --> 00:44:36,807 THE SECOND STEP IN THE 1258 00:44:36,807 --> 00:44:37,441 COUNCIL'S REVIEW OF THE 2027 1259 00:44:37,441 --> 00:44:43,580 2028 PROPOSED BUDGET. THIS IS 1260 00:44:43,580 --> 00:44:46,917 OUR POLICY CONSIDERATIONS AND 1261 00:44:46,917 --> 00:44:49,420 REVENUE FORECAST. UPDATE WEEK. 1262 00:44:49,420 --> 00:44:52,356 MY TEAM HAS BEEN WORKING 1263 00:44:52,356 --> 00:44:55,392 DILIGENTLY TO DIVE INTO THE 1264 00:44:55,392 --> 00:44:57,261 MAYOR'S PROPOSED BUDGET AND WILL 1265 00:44:57,261 --> 00:44:59,163 BE HIGHLIGHTING SOME KEY ISSUES 1266 00:44:59,163 --> 00:45:01,665 FOR YOU TO CONSIDER. WE WILL 1267 00:45:01,665 --> 00:45:04,535 HAVE MEMOS FOR EVERY SINGLE CITY 1268 00:45:04,535 --> 00:45:07,938 DEPARTMENT AVAILABLE TOMORROW 1269 00:45:07,938 --> 00:45:14,244 MORNING AS PART OF THURSDAY'S 1270 00:45:14,244 --> 00:45:18,682 AGENDA. FRIDAY MORNING WILL BE 1271 00:45:18,682 --> 00:45:19,216 THE ECONOMIC AND REVENUE 1272 00:45:19,216 --> 00:45:21,919 FORECAST COUNCIL MEETING, WHICH 1273 00:45:21,919 --> 00:45:28,726 WILL SET THE BASE FOR THE 1274 00:45:28,726 --> 00:45:29,293 COUNCIL'S ADOPTED BUDGET. 1275 00:45:29,293 --> 00:45:31,962 ADOPTING FORECASTS FOR REVENUES 1276 00:45:31,962 --> 00:45:37,968 FOR THE NEXT FEW YEARS. TODAY, 1277 00:45:37,968 --> 00:45:40,571 WE'LL BE IN THE MORNING TALKING 1278 00:45:40,571 --> 00:45:43,240 ABOUT SOME CITY WIDE ISSUES, 1279 00:45:43,240 --> 00:45:45,976 LOOKING AT HOW THE PROPOSED 1280 00:45:45,976 --> 00:45:48,512 BUDGET BALANCES THE GENERAL FUND 1281 00:45:48,512 --> 00:45:53,550 AND THE JUMPSTART FUND, AND 1282 00:45:53,550 --> 00:45:56,186 LOOKING AT A NEW PROPOSED 1283 00:45:56,186 --> 00:45:56,787 VOLUNTARY SEPARATION PROGRAM 1284 00:45:56,787 --> 00:45:59,089 THAT WOULD APPLY CITYWIDE. AND 1285 00:45:59,089 --> 00:46:02,826 THIS AFTERNOON, WE START DIVING 1286 00:46:02,826 --> 00:46:03,360 INTO DEPARTMENT SPECIFIC 1287 00:46:03,360 --> 00:46:04,828 PRESENTATIONS WITH THE 1288 00:46:04,828 --> 00:46:07,364 DEPARTMENT OF CONSTRUCTION 1289 00:46:07,364 --> 00:46:09,099 INSPECTIONS AND THE OFFICE OF 1290 00:46:09,099 --> 00:46:09,600 PLANNING AND COMMUNITY 1291 00:46:09,600 --> 00:46:10,901 DEVELOPMENT. AND THIS IS A 1292 00:46:10,901 --> 00:46:13,237 LITTLE BIT OUT OF DATE. WE AT 1293 00:46:13,237 --> 00:46:16,340 THE END OF THE DAY, DIDN'T 1294 00:46:16,340 --> 00:46:18,041 IDENTIFY ANY ISSUES FOR THE 1295 00:46:18,041 --> 00:46:21,879 OFFICE OF CIVIL RIGHTS. AS A 1296 00:46:21,879 --> 00:46:23,947 REMINDER, A WEEK FROM TODAY AT 1297 00:46:23,947 --> 00:46:26,850 NOON IS THE DEADLINE FOR 1298 00:46:26,850 --> 00:46:29,653 SUBMITTING AMENDMENT PROPOSALS. 1299 00:46:29,653 --> 00:46:32,122 ALL PROPOSALS TO AMEND THE 1300 00:46:32,122 --> 00:46:35,025 BUDGET NEED TO HAVE TWO 1301 00:46:35,025 --> 00:46:36,660 CO-SPONSORS. AND AS WE HAVE DONE 1302 00:46:36,660 --> 00:46:40,264 IN PREVIOUS YEARS, WE WILL BE 1303 00:46:40,264 --> 00:46:42,933 SHUTTING OFF THE PORTAL FOR 1304 00:46:42,933 --> 00:46:45,836 SUBMITTING AMENDMENTS AT NOON 1305 00:46:45,836 --> 00:46:51,208 BECAUSE WE ONLY HAVE A WEEK TO 1306 00:46:51,208 --> 00:46:52,609 PREPARE THEM ALL. I WANT TO GIVE 1307 00:46:52,609 --> 00:46:58,382 SORT OF A BRIEF BACKGROUND 1308 00:46:58,382 --> 00:46:59,783 CONTEXT TO THE AMENDMENT TO THE 1309 00:46:59,783 --> 00:47:03,420 BUDGET THAT YOU ARE CONSIDERING. 1310 00:47:03,420 --> 00:47:09,159 WE ARE WE REMAIN IN A TIME OF 1311 00:47:09,159 --> 00:47:12,429 ECONOMIC UNCERTAINTY, NATIONAL 1312 00:47:12,429 --> 00:47:12,896 AND LOCAL EMPLOYMENT. 1313 00:47:12,896 --> 00:47:14,798 UNEMPLOYMENT IS RISING. THE 1314 00:47:14,798 --> 00:47:17,467 STOCK MARKET IS HEAVILY BALANCED 1315 00:47:17,467 --> 00:47:23,173 TOWARD A FEW TECH STOCKS REAL 1316 00:47:23,173 --> 00:47:26,643 ESTATE TRENDS, BOTH LOCALLY AND 1317 00:47:26,643 --> 00:47:31,281 NATIONALLY, ARE WORRISOME, AND 1318 00:47:31,281 --> 00:47:32,816 OUR FEDERAL GOVERNMENT IS NOT A 1319 00:47:32,816 --> 00:47:36,486 STABLE PARTNER IN TERMS OF 1320 00:47:36,486 --> 00:47:40,257 FUNDING FOR PUBLIC SERVICES. IN 1321 00:47:40,257 --> 00:47:44,127 THAT CONTEXT, WE'LL GET A NEW 1322 00:47:44,127 --> 00:47:48,365 FORECAST FOR THE CITY'S NEXT 1323 00:47:48,365 --> 00:47:53,871 FEW YEARS OF REVENUES ON FRIDAY 1324 00:47:53,871 --> 00:47:57,407 MORNING. WHEN MAYOR WILSON CAME 1325 00:47:57,407 --> 00:48:03,280 INTO OFFICE, SHE WAS PRESENTED 1326 00:48:03,280 --> 00:48:05,415 WITH A BUDGET THAT WAS FORECAST 1327 00:48:05,415 --> 00:48:08,485 TO BE HAVE SIGNIFICANT DEFICITS 1328 00:48:08,485 --> 00:48:12,556 IN 2027 2028. AS YOU'LL HEAR 1329 00:48:12,556 --> 00:48:15,425 THIS MORNING, IT SHE HAS 1330 00:48:15,425 --> 00:48:18,795 PRESENTED A BUDGET THAT IS 1331 00:48:18,795 --> 00:48:20,931 GENERALLY BALANCED THROUGH THOSE 1332 00:48:20,931 --> 00:48:24,334 YEARS AND UP TO 2030. IT DOES 1333 00:48:24,334 --> 00:48:28,572 RELY ON SOME ONE TIME 1334 00:48:28,572 --> 00:48:30,440 ADJUSTMENTS TO THE BALANCE, AND 1335 00:48:30,440 --> 00:48:34,111 WE ARE PROJECTING A REMAINING 1336 00:48:34,111 --> 00:48:38,348 STRUCTURAL DEFICIT GOING INTO 1337 00:48:38,348 --> 00:48:40,684 THE FUTURE. FINALLY, WE CONTINUE 1338 00:48:40,684 --> 00:48:43,487 TO FACE A NUMBER OF POLICY 1339 00:48:43,487 --> 00:48:45,822 CHALLENGES, SUSTAINABILITY OF 1340 00:48:45,822 --> 00:48:48,158 THE BUDGET, HOMELESSNESS REMAINS 1341 00:48:48,158 --> 00:48:52,396 A SIGNIFICANT ISSUE IN THE CITY 1342 00:48:52,396 --> 00:48:54,898 DOWNTOWN AND NEIGHBORHOODS HAVE 1343 00:48:54,898 --> 00:48:56,900 STILL NOT QUITE RECOVERED. OR 1344 00:48:56,900 --> 00:48:57,467 SPEAKING OF DOWNTOWN OFFICE 1345 00:48:57,467 --> 00:49:00,137 MARKET HAVE NOT RECOVERED FROM 1346 00:49:00,137 --> 00:49:03,707 CHANGES WROUGHT IN 2020. HOUSING 1347 00:49:03,707 --> 00:49:05,842 AFFORDABILITY REMAINS AN ISSUE. 1348 00:49:05,842 --> 00:49:07,911 PUBLIC SAFETY REMAINS AN ISSUE, 1349 00:49:07,911 --> 00:49:10,747 AND OUR REAL ESTATE MARKET IS 1350 00:49:10,747 --> 00:49:13,583 SHOWS SIGNS OF SIGNIFICANT 1351 00:49:13,583 --> 00:49:17,788 WEAKNESS. AND WITH THAT OPEN TO 1352 00:49:17,788 --> 00:49:18,088 QUESTIONS. 1353 00:49:18,088 --> 00:49:19,990 -- THANK YOU. DIRECTOR WHITSON. 1354 00:49:19,990 --> 00:49:23,126 WELL SAID. ON THE BUDGET 1355 00:49:23,126 --> 00:49:25,462 PROPOSAL DEADLINE OF BEING NEXT 1356 00:49:25,462 --> 00:49:27,965 WEEK AT NOON, AND THAT'S ON 1357 00:49:27,965 --> 00:49:29,833 TUESDAY, CORRECT? CORRECT. 1358 00:49:29,833 --> 00:49:31,468 TUESDAY THE 20th. WE'VE BEEN 1359 00:49:31,468 --> 00:49:32,836 MAKING THAT ANNOUNCEMENT SINCE 1360 00:49:32,836 --> 00:49:34,204 AUGUST. SO FOLKS, I HOPE YOU'RE 1361 00:49:34,204 --> 00:49:35,405 READY. PLEASE DO MAKE SURE THAT 1362 00:49:35,405 --> 00:49:37,941 WHEN YOU'RE TALKING TO YOUR 1363 00:49:37,941 --> 00:49:38,942 COLLEAGUES THAT JUST A HEAD NOD 1364 00:49:38,942 --> 00:49:42,346 OR A GENERAL AGREEMENT IS NOT 1365 00:49:42,346 --> 00:49:42,946 NECESSARILY AGREEMENT TO BE A 1366 00:49:42,946 --> 00:49:44,848 SPONSOR. I'M ASKING FOR 1367 00:49:44,848 --> 00:49:45,515 EXPLICIT YES. NO. SO THAT 1368 00:49:45,515 --> 00:49:46,717 BECAUSE WE WILL BE LISTING YOU 1369 00:49:46,717 --> 00:49:48,885 AS A SPONSOR, WE'LL CENTRAL 1370 00:49:48,885 --> 00:49:50,887 STAFF AND MY OFFICE WILL ALSO BE 1371 00:49:50,887 --> 00:49:51,855 FOLLOWING UP WITH YOUR OFFICES 1372 00:49:51,855 --> 00:49:53,623 TO ENSURE THAT YOU ARE A 1373 00:49:53,623 --> 00:49:55,258 SPONSOR. AND AS A REMINDER FOR 1374 00:49:55,258 --> 00:49:58,295 THE UP, THE FOLLOWING STEP THAT 1375 00:49:58,295 --> 00:50:00,063 IS VERY SIMILAR. JUST BECAUSE 1376 00:50:00,063 --> 00:50:03,734 YOU HAVE A CO-SPONSOR FOR THIS 1377 00:50:03,734 --> 00:50:04,301 STEP DOES NOT AUTOMATICALLY 1378 00:50:04,301 --> 00:50:06,169 TRANSFER THAT CO-SPONSOR TO THE 1379 00:50:06,169 --> 00:50:08,138 NEXT TIME YOU MAY BRING THAT 1380 00:50:08,138 --> 00:50:09,840 AMENDMENT. SO AT OUR NEXT 1381 00:50:09,840 --> 00:50:11,775 AMENDMENT DEADLINE, AFTER THE 1382 00:50:11,775 --> 00:50:14,244 CHAIR'S PACKAGE, YOU WILL NEED 1383 00:50:14,244 --> 00:50:15,779 TO RECONFIRM YOUR BUDGET, YOUR 1384 00:50:15,779 --> 00:50:17,014 CO-SPONSORS, EVEN IF IT'S THE 1385 00:50:17,014 --> 00:50:18,448 SAME AMENDMENT. WITH THAT, 1386 00:50:18,448 --> 00:50:19,983 COLLEAGUES, I'LL TURN IT OVER 1387 00:50:19,983 --> 00:50:21,618 TO YOU FOR QUESTIONS BECAUSE 1388 00:50:21,618 --> 00:50:22,619 THAT'S THE MOST IMPORTANT PART. 1389 00:50:22,619 --> 00:50:24,121 IT WILL BE REALLY IMPORTANT FOR 1390 00:50:24,121 --> 00:50:25,956 US TO CONTINUE TAKING NOTES AS 1391 00:50:25,956 --> 00:50:28,592 CENTRAL STAFF PRESENTS THEIR 1392 00:50:28,592 --> 00:50:29,860 ANALYSIS THIS WEEK, BECAUSE IF 1393 00:50:29,860 --> 00:50:33,263 YOU IF YOU WOULD LIKE TO RUN ANY 1394 00:50:33,263 --> 00:50:33,897 AMENDMENTS REGARDING WHAT THEIR 1395 00:50:33,897 --> 00:50:37,634 ANALYSIS IS, WE'LL NEED A QUICK 1396 00:50:37,634 --> 00:50:38,835 TURNAROUND. CENTRAL STAFF THEIR 1397 00:50:38,835 --> 00:50:40,170 JOB IS TO PRESENT TO US ALL OF 1398 00:50:40,170 --> 00:50:41,738 OUR DIFFERENT OPTIONS, JUST 1399 00:50:41,738 --> 00:50:44,641 BECAUSE THEY ARE PRESENTING AN 1400 00:50:44,641 --> 00:50:45,475 OPTION OR HIGHLIGHTING AN ISSUE, 1401 00:50:45,475 --> 00:50:47,210 DOES NOT MEAN THAT WE MUST MAKE 1402 00:50:47,210 --> 00:50:50,847 THAT CHANGE. NOR ARE ALL OF THE 1403 00:50:50,847 --> 00:50:52,783 OPTIONS ON THE TABLE. THE ONLY 1404 00:50:52,783 --> 00:50:54,484 OPTIONS THAT WE HAVE TO TAKE. 1405 00:50:54,484 --> 00:50:56,086 AND SO GENERALLY, I'VE ASKED FOR 1406 00:50:56,086 --> 00:50:58,889 A, YOU KNOW, WHAT IS ONE, YOU 1407 00:50:58,889 --> 00:51:02,159 KNOW, A, B OR C DO NOTHING. 1408 00:51:02,159 --> 00:51:03,727 THOSE ARE ALL OPTIONS FOR US 1409 00:51:03,727 --> 00:51:06,496 WITH THAT. COLLEAGUES. ARE THERE 1410 00:51:06,496 --> 00:51:07,864 ANY QUESTIONS ON WHERE WE ARE AT 1411 00:51:07,864 --> 00:51:15,639 IN THE BUDGET OR 1412 00:51:15,772 --> 00:51:16,640 THE NEXT STEPS? I'M FEELING GOOD 1413 00:51:16,640 --> 00:51:17,307 WITH THAT. CLERK. WILL YOU READ 1414 00:51:17,307 --> 00:51:21,478 ITEM NUMBER TWO INTO THE RECORD 1415 00:51:21,478 --> 00:51:23,380 -- AGENDA ITEM TWO GENERAL FUND 1416 00:51:23,380 --> 00:51:23,980 BALANCING AND SUSTAINABILITY 1417 00:51:23,980 --> 00:51:25,015 ANALYSIS FOR BRIEFING AND 1418 00:51:25,015 --> 00:51:25,315 DISCUSSION. 1419 00:51:25,315 --> 00:51:26,483 -- WONDERFUL. WE ARE JOINED BY 1420 00:51:26,483 --> 00:51:32,656 TOM MIKESELL AND TOM. TAKE US 1421 00:51:32,656 --> 00:51:40,464 AWAY. 1422 00:51:40,697 --> 00:51:43,033 -- GOOD MORNING. CHAIR STRAUSS 1423 00:51:43,033 --> 00:51:44,734 VICE CHAIR, RIVERA. MEMBERS OF 1424 00:51:44,734 --> 00:51:45,802 THE SELECT BUDGET COMMITTEE. 1425 00:51:45,802 --> 00:51:48,438 I'M TOM MIKESELL, ANALYST WITH 1426 00:51:48,438 --> 00:51:49,573 CENTRAL STAFF. SO THIS MORNING 1427 00:51:49,573 --> 00:51:51,641 WE'RE GOING TO BE COVERING THE 1428 00:51:51,641 --> 00:51:54,077 GENERAL FUND BALANCING 1429 00:51:54,077 --> 00:51:57,114 SUSTAINABILITY ANALYSIS, 1430 00:51:57,114 --> 00:51:57,848 COVERING THE 2027 2028 PROPOSED 1431 00:51:57,848 --> 00:51:59,516 BUDGET, AS WELL AS THE FUTURE 1432 00:51:59,516 --> 00:52:01,751 YEAR PROJECTIONS AND THE 1433 00:52:01,751 --> 00:52:04,354 FINANCIAL PLAN. GIVEN THE 1434 00:52:04,354 --> 00:52:04,955 INTERSECTION WITH REGARDS TO 1435 00:52:04,955 --> 00:52:06,590 BALANCING THE GENERAL FUND WITH 1436 00:52:06,590 --> 00:52:08,158 THE JUMP START PAYROLL EXPENSE 1437 00:52:08,158 --> 00:52:10,527 TAX FUND WILL ALSO TOUCH ON 1438 00:52:10,527 --> 00:52:14,931 IMPLICATIONS TO THAT FUND AS 1439 00:52:14,931 --> 00:52:17,767 WELL. SO BY WAY OF THE THINGS I 1440 00:52:17,767 --> 00:52:19,603 HOPE TO COVER THIS MORNING, AND 1441 00:52:19,603 --> 00:52:21,638 THERE'S A MUCH MORE DETAILED 1442 00:52:21,638 --> 00:52:24,174 MEMO ATTACHED TO THE AGENDA, 1443 00:52:24,174 --> 00:52:26,743 WHICH WE CAN REFER TO AS NEEDED. 1444 00:52:26,743 --> 00:52:27,544 THE THE THINGS, THE POINTS I'D 1445 00:52:27,544 --> 00:52:30,814 LIKE TO COVER. FIRST TOUCH ON 1446 00:52:30,814 --> 00:52:33,283 THE THE LAST YEAR'S BUDGET 1447 00:52:33,283 --> 00:52:33,917 SUSTAINABILITY REQUIREMENTS AND 1448 00:52:33,917 --> 00:52:34,751 RESOURCES THAT WERE PUT IN PLACE 1449 00:52:34,751 --> 00:52:38,388 THROUGH COUNCIL ACTIONS. THEN 1450 00:52:38,388 --> 00:52:39,456 KIND OF GOING THROUGH THE 1451 00:52:39,456 --> 00:52:41,157 NUMBERS, WE'RE GOING TO REVISIT 1452 00:52:41,157 --> 00:52:43,193 THE 2026 ADOPTED BUDGET JUST TO 1453 00:52:43,193 --> 00:52:44,928 KIND OF LOOK AT THE THE APPROVED 1454 00:52:44,928 --> 00:52:47,130 AND PROPOSED CHANGES THAT ARE 1455 00:52:47,130 --> 00:52:50,000 BEFORE YOU TO SEE WHAT KIND OF 1456 00:52:50,000 --> 00:52:51,434 RESOURCES ONE TIME BASIS WERE 1457 00:52:51,434 --> 00:52:52,569 GENERATED. AND WE WILL LOOK AT 1458 00:52:52,569 --> 00:52:54,671 THE THE DEFICIT PROJECTION THAT 1459 00:52:54,671 --> 00:52:57,774 WAS INCLUDED LAST YEAR, WHICH 1460 00:52:57,774 --> 00:52:59,910 SHOWED $149 MILLION DEFICIT IN 1461 00:52:59,910 --> 00:53:05,582 28 OR 27 AND $129 MILLION IN 28, 1462 00:53:05,582 --> 00:53:09,019 RESPECTIVELY REVIEW. OKAY, THIS 1463 00:53:09,019 --> 00:53:10,921 IS THE REVIEW OF THE 26 REVISED 1464 00:53:10,921 --> 00:53:12,756 BUDGET ADJUSTMENTS. AND THEN THE 1465 00:53:12,756 --> 00:53:13,323 PROPOSALS INCLUDED WITH THE 1466 00:53:13,323 --> 00:53:15,625 MAYOR'S BUDGET. THEN WE'LL GO 1467 00:53:15,625 --> 00:53:19,296 ON A STEP WISE ANALYSIS OF THE 1468 00:53:19,296 --> 00:53:21,431 2027, 2020 728 PROPOSED GENERAL 1469 00:53:21,431 --> 00:53:23,166 FUND BUDGET CHANGES, AND COMPARE 1470 00:53:23,166 --> 00:53:25,569 THEM TO THE PROJECTIONS THAT 1471 00:53:25,569 --> 00:53:29,706 THAT LED TO THE 149 AND $129 1472 00:53:29,706 --> 00:53:31,141 MILLION DEFICIT, WITH THE INTENT 1473 00:53:31,141 --> 00:53:32,976 TO SHOW HOW THAT THAT DEFICIT 1474 00:53:32,976 --> 00:53:37,113 WAS RESOLVED IN THIS PROPOSED 1475 00:53:37,113 --> 00:53:38,582 BUDGET. NEXT, WE'LL LOOK TO THE 1476 00:53:38,582 --> 00:53:41,851 FUTURE TO SEE HOW THOSE CHANGES 1477 00:53:41,851 --> 00:53:43,653 AND HOW THE THE EXECUTIVES KIND 1478 00:53:43,653 --> 00:53:45,822 OF ATTENTION TO THE BUDGET 1479 00:53:45,822 --> 00:53:46,456 SUSTAINABILITY REQUIREMENTS THAT 1480 00:53:46,456 --> 00:53:47,090 WERE PUT IN PLACE LAST YEAR, HOW 1481 00:53:47,090 --> 00:53:48,692 THOSE WERE MET IN THE FINANCIAL 1482 00:53:48,692 --> 00:53:51,228 PLANS FOR THE GENERAL FUND AND 1483 00:53:51,228 --> 00:53:53,230 THE AND THEN WE'LL LOOK AT THE 1484 00:53:53,230 --> 00:53:54,497 JUMPSTART FUND BECAUSE OF THE 1485 00:53:54,497 --> 00:53:56,266 INTERSECTION WITH THE GENERAL 1486 00:53:56,266 --> 00:53:58,201 FUND AND DO A SIMILAR ANALYSIS 1487 00:53:58,201 --> 00:54:02,205 AND THEN CONCLUDE WITH A POLICY 1488 00:54:02,205 --> 00:54:03,406 CONSIDERATION. SO THE FIRST STEP 1489 00:54:03,406 --> 00:54:04,941 IS TO KIND OF LOOK BACK IN TIME 1490 00:54:04,941 --> 00:54:06,209 AND REVIEW THE BUDGET 1491 00:54:06,209 --> 00:54:06,843 SUSTAINABILITY REQUIREMENTS THAT 1492 00:54:06,843 --> 00:54:09,045 WERE PUT IN PLACE BY COUNCIL 1493 00:54:09,045 --> 00:54:13,516 LAST YEAR. FIRST IS ORDINANCE 1494 00:54:13,516 --> 00:54:15,318 127259, WHICH RESTRUCTURED THE 1495 00:54:15,318 --> 00:54:16,419 BUSINESS AND OCCUPATION TAX THAT 1496 00:54:16,419 --> 00:54:17,520 WAS SUBMITTED TO THE VOTERS AND 1497 00:54:17,520 --> 00:54:20,924 APPROVED BY WAY OF PROPOSITION 1498 00:54:20,924 --> 00:54:23,326 TWO. THAT MEASURE GENERATED OVER 1499 00:54:23,326 --> 00:54:26,196 $80 MILLION OF ANNUAL GENERAL 1500 00:54:26,196 --> 00:54:28,431 FUND REVENUE FROM THE BUSINESS, 1501 00:54:28,431 --> 00:54:28,999 BUSINESS AND OCCUPATION TAX 1502 00:54:28,999 --> 00:54:30,667 THROUGH 2032. WHEN THOSE 1503 00:54:30,667 --> 00:54:33,637 CHANGES, SUNSET, THERE WAS A 1504 00:54:33,637 --> 00:54:35,972 REQUIREMENT ADDED BY COUNCIL 1505 00:54:35,972 --> 00:54:39,743 THAT IN THE EVENT THAT THE 27 1506 00:54:39,743 --> 00:54:40,343 BUDGET INCLUDED REVENUE FROM 1507 00:54:40,343 --> 00:54:42,278 THESE CHANGES, THAT THE 1508 00:54:42,278 --> 00:54:44,080 EXECUTIVE WAS TO SUBMIT BALANCED 1509 00:54:44,080 --> 00:54:46,016 FINANCIAL PLANS FOR THE GENERAL 1510 00:54:46,016 --> 00:54:48,385 FUND AND THE JUMPSTART FUND. AND 1511 00:54:48,385 --> 00:54:50,086 THAT IS A NEW REQUIREMENT. THE 1512 00:54:50,086 --> 00:54:50,920 THE REQUIREMENT TO HAVE A 1513 00:54:50,920 --> 00:54:51,554 BALANCED BUDGET HAS ALWAYS BEEN 1514 00:54:51,554 --> 00:54:54,224 IN PLACE THAT THAT'S IN STATE 1515 00:54:54,224 --> 00:54:55,258 LAW, BUT SHOWING FUTURE 1516 00:54:55,258 --> 00:54:55,892 PROJECTIONS THAT ARE BALANCED. 1517 00:54:55,892 --> 00:54:56,726 THAT WAS A NEW REQUIREMENT PUT 1518 00:54:56,726 --> 00:55:01,865 IN PLACE BY COUNCIL AND AND 1519 00:55:01,865 --> 00:55:04,668 VOTED ON BY VOTERS OF CITY OF 1520 00:55:04,668 --> 00:55:06,403 SEATTLE. NEXT WAS A STATEMENT OF 1521 00:55:06,403 --> 00:55:07,470 LEGISLATIVE INTENT THAT WAS 1522 00:55:07,470 --> 00:55:09,539 ADDED DURING THE BUDGET PROCESS. 1523 00:55:09,539 --> 00:55:11,941 IT WAS PART OF THE KIND OF 1524 00:55:11,941 --> 00:55:12,475 MULTI-PHASE BUDGET REFORM 1525 00:55:12,475 --> 00:55:14,311 THAT'S BEEN ONGOING FOR YEARS. 1526 00:55:14,311 --> 00:55:16,613 THAT REQUESTED THAT CENTRAL 1527 00:55:16,613 --> 00:55:18,014 STAFF IN THE CITY BUDGET OFFICE 1528 00:55:18,014 --> 00:55:19,449 WORK TOGETHER TO PUT TOGETHER A 1529 00:55:19,449 --> 00:55:21,551 GLOSSARY OF SHARED TERMS AND 1530 00:55:21,551 --> 00:55:25,255 CONCEPTS THAT ARE CRUCIAL TO 1531 00:55:25,255 --> 00:55:25,989 UNDERSTANDING THE KIND OF THE 1532 00:55:25,989 --> 00:55:27,190 KIND OF CONCEPTS THAT WE'RE 1533 00:55:27,190 --> 00:55:28,525 GOING TO TALK ABOUT WITH REGARDS 1534 00:55:28,525 --> 00:55:29,926 TO BALANCING THE BUDGET AND 1535 00:55:29,926 --> 00:55:31,027 BALANCING FINANCIAL PLAN. AND SO 1536 00:55:31,027 --> 00:55:32,762 JUST A FEW OF THOSE THINGS THAT 1537 00:55:32,762 --> 00:55:34,164 WILL COME UP IN THIS 1538 00:55:34,164 --> 00:55:35,298 PRESENTATION THAT ARE KIND OF 1539 00:55:35,298 --> 00:55:36,933 INTEGRAL TO HOW IT ALL HANGS 1540 00:55:36,933 --> 00:55:37,801 TOGETHER, OUR FINANCIAL PLAN. SO 1541 00:55:37,801 --> 00:55:41,071 THIS IS A MULTI-YEAR PROJECTION 1542 00:55:41,071 --> 00:55:46,409 OF REVENUES. SO RESOURCES AND 1543 00:55:46,409 --> 00:55:47,544 EXPENDITURES, CURRENT, CURRENT. 1544 00:55:47,544 --> 00:55:48,511 AND YOU'RE LOOKING IN THE PAST, 1545 00:55:48,511 --> 00:55:49,079 LOOKING IN THE PRESENT AND 1546 00:55:49,079 --> 00:55:50,447 LOOKING IN THE FUTURE JUST TO 1547 00:55:50,447 --> 00:55:53,616 SEE WHAT IS AHEAD OF US WITH 1548 00:55:53,616 --> 00:55:55,485 REGARDS TO CITY FINANCES. ONE 1549 00:55:55,485 --> 00:55:56,953 TIME. SO THIS IS WHERE SPENDING 1550 00:55:56,953 --> 00:55:58,254 IS ADDED FOR A SINGLE YEAR AND A 1551 00:55:58,254 --> 00:56:01,691 SINGLE YEAR ONLY. SO IF IT'S 1552 00:56:01,691 --> 00:56:03,193 ADDED IN 271 TIME, THEN IT WILL 1553 00:56:03,193 --> 00:56:04,928 NOT CONTINUE INTO THE 28 AND 1554 00:56:04,928 --> 00:56:07,864 FUTURE YEAR BUDGETS ONGOING IS 1555 00:56:07,864 --> 00:56:09,866 THE OPPOSITE OF THAT. 1556 00:56:09,866 --> 00:56:11,034 INTUITIVELY, THAT WHEN SPENDING 1557 00:56:11,034 --> 00:56:12,335 IS ADDED, THAT'S ONGOING IN 1558 00:56:12,335 --> 00:56:13,470 NATURE, FINANCIAL PLANS WILL 1559 00:56:13,470 --> 00:56:14,904 INCLUDE THAT IN EVERY SINGLE 1560 00:56:14,904 --> 00:56:17,307 YEAR INTO THE FUTURE UNTIL 1561 00:56:17,307 --> 00:56:19,476 DECISIONS ARE MADE TO REMOVE IT 1562 00:56:19,476 --> 00:56:22,011 FROM THE BUDGET AND THEN 1563 00:56:22,011 --> 00:56:23,880 PLANNING RESERVES. THESE ARE 1564 00:56:23,880 --> 00:56:24,481 OTHERWISE KNOWN AS BELOW THE 1565 00:56:24,481 --> 00:56:27,150 LINE ITEMS. SO THESE. THIS IS A 1566 00:56:27,150 --> 00:56:29,285 PORTION OF THE FINANCIAL PLAN 1567 00:56:29,285 --> 00:56:30,253 WHERE SOMETHING HASN'T QUITE 1568 00:56:30,253 --> 00:56:32,689 HIT THE BUDGET YET, BUT IT'S 1569 00:56:32,689 --> 00:56:34,824 ANTICIPATED THAT THERE'S GOING 1570 00:56:34,824 --> 00:56:35,425 TO BE AN OBLIGATION FOR CITY 1571 00:56:35,425 --> 00:56:37,327 EXPENSES. SO A DRAW ON 1572 00:56:37,327 --> 00:56:38,862 RESOURCES, A REAL COMMON EXAMPLE 1573 00:56:38,862 --> 00:56:41,431 OF THIS IS LABOR CONTRACTED 1574 00:56:41,431 --> 00:56:43,833 LABOR EXPENSES. SO WHEN 1575 00:56:43,833 --> 00:56:45,001 NEGOTIATE CONTRACTS ARE UNDER 1576 00:56:45,001 --> 00:56:46,136 NEGOTIATION, WE WANT TO ENSURE 1577 00:56:46,136 --> 00:56:47,937 THAT WE WILL HAVE ENOUGH 1578 00:56:47,937 --> 00:56:49,072 RESOURCES AT THE TIME WHEN WE 1579 00:56:49,072 --> 00:56:50,807 NEED TO MEET THOSE CONTRACT 1580 00:56:50,807 --> 00:56:52,008 OBLIGATIONS IN THE FUTURE. SO 1581 00:56:52,008 --> 00:56:53,409 BELOW THE BELOW THE LINE MONEYS 1582 00:56:53,409 --> 00:56:57,247 ARE ADDED FOR THOSE AND CERTAIN 1583 00:56:57,247 --> 00:56:59,949 OTHER THINGS. SO THAT'S THE THE 1584 00:56:59,949 --> 00:57:01,985 SUSTAINABILITY FRAMEWORK THAT 1585 00:57:01,985 --> 00:57:02,485 WILL KIND OF BE PRESENT 1586 00:57:02,485 --> 00:57:09,325 THROUGHOUT THE PRESENTATION. SO 1587 00:57:09,325 --> 00:57:10,760 THIS GRAPH BEFORE YOU SHOULD BE 1588 00:57:10,760 --> 00:57:12,529 FAMILIAR AT THIS POINT. IF NOT 1589 00:57:12,529 --> 00:57:13,797 IT WILL BE FAMILIAR BECAUSE 1590 00:57:13,797 --> 00:57:14,831 WE'LL TOUCH ON IT BOTH AT THE 1591 00:57:14,831 --> 00:57:16,299 BEGINNING AND THE END OF THE 1592 00:57:16,299 --> 00:57:17,667 PRESENTATION. BUT THIS IS HOW 1593 00:57:17,667 --> 00:57:20,470 THE, THE PROJECTIONS. SO THE, 1594 00:57:20,470 --> 00:57:22,872 THE FUTURE LOOK AT HOW THE 1595 00:57:22,872 --> 00:57:25,442 GENERAL FUND FINANCES WOULD BE 1596 00:57:25,442 --> 00:57:25,708 GOING OUT 1597 00:57:25,708 --> 00:57:29,746 -- TO THE YEAR 2029. ONE THING 1598 00:57:29,746 --> 00:57:30,747 THE 2025 NUMBER DOESN'T INCLUDE 1599 00:57:30,747 --> 00:57:33,449 ANY CARRY FORWARD, SO ANY KIND 1600 00:57:33,449 --> 00:57:34,250 OF BUDGET FROM PRIOR YEARS, YOU 1601 00:57:34,250 --> 00:57:35,552 KNOW, STRIP THAT OUT. SO TO MAKE 1602 00:57:35,552 --> 00:57:39,389 A KIND OF ONE FOR ONE 1603 00:57:39,389 --> 00:57:42,358 COMPARATIVE EXAMPLE. AND THE 1604 00:57:42,358 --> 00:57:43,827 EXPENDITURES IN 27 TO 29, EVEN 1605 00:57:43,827 --> 00:57:44,460 THOUGH THOSE PLANNING RESERVES 1606 00:57:44,460 --> 00:57:46,262 THAT I JUST WAS TALKING ABOUT 1607 00:57:46,262 --> 00:57:48,465 ARE NOT PART OF THE ABOVE THE 1608 00:57:48,465 --> 00:57:49,766 LINE APPROPRIATED BUDGET, WE 1609 00:57:49,766 --> 00:57:50,633 INCLUDE THEM IN THE IN THE 1610 00:57:50,633 --> 00:57:53,036 EXPENDITURE LINE IN THIS CHART 1611 00:57:53,036 --> 00:57:54,838 BECAUSE THEY ARE THEY WILL YOU 1612 00:57:54,838 --> 00:57:55,839 KNOW, THEY ARE OBLIGATIONS OF 1613 00:57:55,839 --> 00:57:57,140 THE CITY. THEY JUST HAVEN'T HIT 1614 00:57:57,140 --> 00:57:58,508 THE. ADOPT THE PROPOSED BUDGET 1615 00:57:58,508 --> 00:58:03,480 YET SO THE KEY TAKEAWAY FOR THIS 1616 00:58:03,480 --> 00:58:05,048 SLIDE IS THAT LAST YEAR LAST. 1617 00:58:05,048 --> 00:58:07,483 WELL, NOT QUITE THIS TIME, BUT 1618 00:58:07,483 --> 00:58:09,819 AT THE CONCLUSION OF THE CITY 1619 00:58:09,819 --> 00:58:10,887 BUDGET ADOPTION PROCESS, IT WAS 1620 00:58:10,887 --> 00:58:13,456 PROJECTED THERE WOULD BE $149 1621 00:58:13,456 --> 00:58:16,359 MILLION DEFICIT IN 2027 AND $129 1622 00:58:16,359 --> 00:58:20,997 MILLION DEFICIT IN 2028. AND 1623 00:58:20,997 --> 00:58:22,298 THAT THAT GAP WAS EXPECTED TO 1624 00:58:22,298 --> 00:58:23,466 CONTINUE INTO THE FUTURE. SO 1625 00:58:23,466 --> 00:58:24,868 THAT IS A THAT IS THE STRUCTURAL 1626 00:58:24,868 --> 00:58:25,768 DEFICIT THAT WE TALK ABOUT. AND 1627 00:58:25,768 --> 00:58:27,503 THIS WAS THE CHALLENGE THAT WAS 1628 00:58:27,503 --> 00:58:30,106 FACED IN PUTTING TOGETHER THE 1629 00:58:30,106 --> 00:58:34,911 PROPOSED BUDGET. SO NOW I'M 1630 00:58:34,911 --> 00:58:35,912 GOING TO WALK THROUGH SOME OF 1631 00:58:35,912 --> 00:58:37,547 THE THE DIFFERENT CHANGES THAT 1632 00:58:37,547 --> 00:58:40,049 ARE INCLUDED IN THE PROPOSED 1633 00:58:40,049 --> 00:58:41,284 BUDGET. AND THE FIRST PLACE TO 1634 00:58:41,284 --> 00:58:43,453 START IS KIND OF LOOKING AT THE 1635 00:58:43,453 --> 00:58:44,721 THE BUDGET THAT WE'RE IN RIGHT 1636 00:58:44,721 --> 00:58:45,688 NOW. AND SO A LOT OF WORK HAS 1637 00:58:45,688 --> 00:58:48,224 BEEN DONE. THAT'S THIS IS THE 1638 00:58:48,224 --> 00:58:50,326 MOST COMPLEX TABLE IN THE 1639 00:58:50,326 --> 00:58:51,561 PRESENTATION, BUT IT CAPTURES A 1640 00:58:51,561 --> 00:58:53,863 LOT OF DIFFERENT CONCEPTS. AND 1641 00:58:53,863 --> 00:58:56,032 YOU CAN GO SEQUENTIALLY THROUGH 1642 00:58:56,032 --> 00:58:58,301 THROUGH HOW IT ALL HANGS 1643 00:58:58,301 --> 00:58:59,536 TOGETHER. SO AT THE START OF THE 1644 00:58:59,536 --> 00:59:01,571 YEAR AFTER, YOU KNOW, AFTER THAT 1645 00:59:01,571 --> 00:59:03,473 BUDGET WAS ADOPTED LAST YEAR, IT 1646 00:59:03,473 --> 00:59:05,575 WAS PROJECTED THAT THE ENDING 1647 00:59:05,575 --> 00:59:08,645 BALANCE FOR THIS YEAR WOULD BE 1648 00:59:08,645 --> 00:59:11,614 $7,000. SO BALANCED JUST BY A 1649 00:59:11,614 --> 00:59:14,817 HAIR SINCE THAT TIME, THERE'S 1650 00:59:14,817 --> 00:59:15,952 BEEN SOME SOME CHANGES, SOME 1651 00:59:15,952 --> 00:59:17,353 GOOD NEWS, SOME SOME HIGHER 1652 00:59:17,353 --> 00:59:18,955 COSTS AND THINGS OF THAT OF THAT 1653 00:59:18,955 --> 00:59:20,189 NATURE. AND THAT'S WHAT'S SHOWN 1654 00:59:20,189 --> 00:59:24,894 IN THIS CHART. SO FIRST 25, 20, 1655 00:59:24,894 --> 00:59:25,662 25 REVENUES AND EXPENDITURES, 1656 00:59:25,662 --> 00:59:26,930 THE KIND OF THE MASS BALANCE OF 1657 00:59:26,930 --> 00:59:28,364 IT ALL CAME IN BETTER THAN 1658 00:59:28,364 --> 00:59:30,400 EXPECTED. AND THAT RIGHT THERE 1659 00:59:30,400 --> 00:59:32,268 ADDED $109 MILLION OF ONE TIME 1660 00:59:32,268 --> 00:59:35,738 MONEY INTO THE, THE CITY COFFERS 1661 00:59:35,738 --> 00:59:37,707 SOME OF THAT MONEY WAS THERE TO 1662 00:59:37,707 --> 00:59:40,877 PAY FOR CARRY FORWARD. SO PRIOR 1663 00:59:40,877 --> 00:59:41,577 YEAR OBLIGATIONS TOO. SO IT KIND 1664 00:59:41,577 --> 00:59:44,480 OF IT KIND OF CANCELS A BIT OF 1665 00:59:44,480 --> 00:59:45,982 IT OUT. SO THE NEXT STEP. SO 1666 00:59:45,982 --> 00:59:47,951 STEP TWO IS WHERE THE APPROVED 1667 00:59:47,951 --> 00:59:48,851 AND AUTOMATIC CARRY FORWARD AND 1668 00:59:48,851 --> 00:59:50,186 SUPPLEMENTALS. SO THESE ARE THE 1669 00:59:50,186 --> 00:59:52,021 KIND OF MIDYEAR REQUESTS FOR 1670 00:59:52,021 --> 00:59:54,157 SPENDING COME INTO PLAY. THE NET 1671 00:59:54,157 --> 00:59:56,092 RESULT OF THAT AS IN THE 1672 00:59:56,092 --> 00:59:58,561 SUBTOTAL LINE $85 MILLION. SO 1673 00:59:58,561 --> 01:00:01,331 $85 MILLION OF THAT KIND OF $109 1674 01:00:01,331 --> 01:00:02,398 MILLION STARTING BALANCE IS, IS 1675 01:00:02,398 --> 01:00:04,133 USED UP FOR THOSE KIND OF 1676 01:00:04,133 --> 01:00:07,937 APPROVED MEASURES. AUTOMATIC AND 1677 01:00:07,937 --> 01:00:09,839 APPROVED MEASURES DID GET SOME 1678 01:00:09,839 --> 01:00:12,508 SLIGHT GOOD NEWS IN THE AUGUST 1679 01:00:12,508 --> 01:00:13,910 REVENUE FORECAST, ABOUT $10 1680 01:00:13,910 --> 01:00:15,812 MILLION MORE IN 2026 OF NEW 1681 01:00:15,812 --> 01:00:18,982 REVENUE. SO THAT'S GOOD NEWS. 1682 01:00:18,982 --> 01:00:19,615 THAT ADDS TO THE THE AVAILABLE 1683 01:00:19,615 --> 01:00:22,018 RESOURCES ON A ONE TIME BASIS. 1684 01:00:22,018 --> 01:00:23,619 AND NOW IN STEP FOUR OF THE 1685 01:00:23,619 --> 01:00:24,520 TABLE, THIS IS THE PROPOSED 1686 01:00:24,520 --> 01:00:26,723 BUDGET LEGISLATION. SO THESE ARE 1687 01:00:26,723 --> 01:00:28,658 THE THINGS THAT ARE BEFORE YOU 1688 01:00:28,658 --> 01:00:30,960 DURING THIS CURRENT BUDGET 1689 01:00:30,960 --> 01:00:31,594 PROCESS AND THE REVENUE AND 1690 01:00:31,594 --> 01:00:33,496 EXPENDITURES. SO THESE ARE GOING 1691 01:00:33,496 --> 01:00:34,130 TO BE THE YEAR END SUPPLEMENTAL. 1692 01:00:34,130 --> 01:00:37,266 SO WITH THE LAST THE LAST 1693 01:00:37,266 --> 01:00:37,867 CHANGES FOR 2026 AND THEN THE 1694 01:00:37,867 --> 01:00:39,302 YEAR END GRANTS. AND SO THAT'S 1695 01:00:39,302 --> 01:00:42,238 THE THE LAST REQUEST TO ACCEPT 1696 01:00:42,238 --> 01:00:44,340 NEW REVENUE FROM EXTERNAL 1697 01:00:44,340 --> 01:00:45,341 PROVIDERS AND SPEND THAT MONEY 1698 01:00:45,341 --> 01:00:47,210 IN THE BUDGET. AND THEN THERE IS 1699 01:00:47,210 --> 01:00:48,211 A USE OF PLANNING RESERVES, 1700 01:00:48,211 --> 01:00:51,280 BECAUSE SOME OF THOSE 1701 01:00:51,280 --> 01:00:51,914 ADJUSTMENTS ARE, ARE CONTRACTUAL 1702 01:00:51,914 --> 01:00:53,049 IN NATURE. REGARDING WITH 1703 01:00:53,049 --> 01:00:55,385 REGARDS TO, TO SALARIES. AND SO 1704 01:00:55,385 --> 01:00:57,020 THOSE PLANNING RESERVES GET 1705 01:00:57,020 --> 01:00:58,755 MOVED ABOVE THE LINE AND USED TO 1706 01:00:58,755 --> 01:01:01,457 SUPPORT THOSE SPENDING REQUESTS. 1707 01:01:01,457 --> 01:01:03,526 THE, THE SUM TOTAL OF ALL OF 1708 01:01:03,526 --> 01:01:06,329 THAT ACTIVITY IS AS A HIT. SO 1709 01:01:06,329 --> 01:01:08,598 KIND OF AN IMPACT OF $2.5 1710 01:01:08,598 --> 01:01:11,134 MILLION. AND THE FINAL 1711 01:01:11,134 --> 01:01:11,734 ADJUSTMENT IS ADJUSTMENT THAT 1712 01:01:11,734 --> 01:01:12,769 THE EXECUTIVE MADE TO THE 1713 01:01:12,769 --> 01:01:15,138 REMAINING PLANNING RESERVES. 1714 01:01:15,138 --> 01:01:16,139 THEY REASSESSED THEIR 1715 01:01:16,139 --> 01:01:16,706 ASSUMPTIONS THAT THEY WERE 1716 01:01:16,706 --> 01:01:19,042 MAKING IN THE RESERVES, AND 1717 01:01:19,042 --> 01:01:21,511 WROTE OFF ABOUT $24 MILLION FROM 1718 01:01:21,511 --> 01:01:23,913 THAT BELOW THE LINE EXPENSE. SO 1719 01:01:23,913 --> 01:01:24,847 IF YOU WRAP ALL OF THAT UP AND 1720 01:01:24,847 --> 01:01:27,050 YOU PULL IT ALL TOGETHER, THE 1721 01:01:27,050 --> 01:01:31,320 END RESULT IS THAT THE BEGINNING 1722 01:01:31,320 --> 01:01:32,955 FUND BALANCE. SO THE ONE TIME 1723 01:01:32,955 --> 01:01:33,589 RESOURCES THAT COUNCIL THAT THE 1724 01:01:33,589 --> 01:01:35,258 MAYOR HAD TO WORK WITH AND 1725 01:01:35,258 --> 01:01:35,825 PUTTING TOGETHER HER BUDGET 1726 01:01:35,825 --> 01:01:38,428 INCREASED BY $56.5 MILLION AT 1727 01:01:38,428 --> 01:01:41,130 THE END OF 2026. AND SO THAT 1728 01:01:41,130 --> 01:01:42,832 MONEY IS AVAILABLE TO SPEND IN 1729 01:01:42,832 --> 01:01:48,471 2027 AND BEYOND SO NOW WE'RE 1730 01:01:48,471 --> 01:01:51,340 GOING TO TALK ABOUT THE 27 AND 1731 01:01:51,340 --> 01:01:51,974 28 PROPOSED ADJUSTMENTS IN THE 1732 01:01:51,974 --> 01:01:54,277 MAYOR'S BUDGET. AND I'M GOING 1733 01:01:54,277 --> 01:01:57,513 TO, AS I MENTIONED, START FROM 1734 01:01:57,513 --> 01:01:58,114 THE PROJECTED DEFICIT NUMBERS 1735 01:01:58,114 --> 01:02:01,784 THAT WE SHOWED ON THAT PRIOR 1736 01:02:01,784 --> 01:02:04,387 CHART. THE 148 $148 MILLION 1737 01:02:04,387 --> 01:02:05,421 DEFICIT IN 27 AND $129 MILLION 1738 01:02:05,421 --> 01:02:08,591 IN 2028. AND I GUESS THE WAY I 1739 01:02:08,591 --> 01:02:10,860 WOULD CHARACTERIZE THIS IS, YOU 1740 01:02:10,860 --> 01:02:12,595 KNOW, EVERY FORECAST IS A 1741 01:02:12,595 --> 01:02:14,464 PROJECTION. IT'S LIKE YOU'RE 1742 01:02:14,464 --> 01:02:15,364 PLANNING TO PLANNING A TRIP AND 1743 01:02:15,364 --> 01:02:16,232 YOU'RE LOOKING AT WHAT THE 1744 01:02:16,232 --> 01:02:18,067 WEATHER FORECAST IS. AND, AND IT 1745 01:02:18,067 --> 01:02:20,369 LOOKS LIKE IT'S GOING TO BE 1746 01:02:20,369 --> 01:02:21,671 SUNNY. AND AS YOU GET CLOSER, 1747 01:02:21,671 --> 01:02:22,338 YOU THINK IT'S MAYBE GOING TO 1748 01:02:22,338 --> 01:02:23,539 RAIN. AND SO YOU NEED TO BRING, 1749 01:02:23,539 --> 01:02:24,841 BRING AN UMBRELLA AND YOUR, 1750 01:02:24,841 --> 01:02:27,343 YOUR, YOUR ASSUMPTIONS CHANGE, 1751 01:02:27,343 --> 01:02:29,345 THE REALITIES CHANGE. AND AS YOU 1752 01:02:29,345 --> 01:02:30,313 GET CLOSER AND CLOSER TO THAT, 1753 01:02:30,313 --> 01:02:31,347 YOU CAN FINE TUNE YOUR 1754 01:02:31,347 --> 01:02:31,948 ASSUMPTIONS. AND THAT'S THE 1755 01:02:31,948 --> 01:02:33,049 EXACT SAME THING THAT'S 1756 01:02:33,049 --> 01:02:34,917 HAPPENING HERE. WE HAD AN 1757 01:02:34,917 --> 01:02:36,352 ASSUMPTION OF $149 MILLION BASED 1758 01:02:36,352 --> 01:02:36,853 ON PROJECTIONS THAT THE 1759 01:02:36,853 --> 01:02:39,555 EXECUTIVE WAS MAKING, AND NOW 1760 01:02:39,555 --> 01:02:40,690 VARIOUS CHANGES ARE GOING TO 1761 01:02:40,690 --> 01:02:42,959 REVISE AND FINE TUNE THAT 1762 01:02:42,959 --> 01:02:45,461 ASSUMPTION FOR THE THE 2728 1763 01:02:45,461 --> 01:02:47,296 PROPOSED BUDGET. SO STARTING 1764 01:02:47,296 --> 01:02:49,298 FROM THAT, THE FIRST STEP IS 1765 01:02:49,298 --> 01:02:51,234 GOING TO ACTUALLY THERE WAS AN 1766 01:02:51,234 --> 01:02:52,301 INCREASE TO THE DEFICIT THROUGH. 1767 01:02:52,301 --> 01:02:55,371 BASED ON SOME INFORMATION FROM 1768 01:02:55,371 --> 01:02:57,707 THE MAYOR UPDATING THEIR 1769 01:02:57,707 --> 01:02:58,307 PLANNING ASSUMPTIONS AND ALSO 1770 01:02:58,307 --> 01:02:59,342 INFORMATION FROM THE APRIL 1771 01:02:59,342 --> 01:03:00,743 REVENUE FORECAST. NEXT, WE'LL 1772 01:03:00,743 --> 01:03:01,944 LOOK AT THE KIND OF THE 1773 01:03:01,944 --> 01:03:03,279 TECHNICAL PROCESS IN THE BUDGET 1774 01:03:03,279 --> 01:03:05,381 DEVELOPMENT, WHERE THEY LOOK AT 1775 01:03:05,381 --> 01:03:06,415 THEIR ESTIMATES OF INFLATION, 1776 01:03:06,415 --> 01:03:07,950 THEIR ESTIMATES OF CITY COSTS, 1777 01:03:07,950 --> 01:03:09,886 KIND OF THE BASELINE, KEEPING 1778 01:03:09,886 --> 01:03:12,155 THE COST OF CURRENT SERVICES 1779 01:03:12,155 --> 01:03:13,356 GOING, REASSESS THOSE AND FOLD 1780 01:03:13,356 --> 01:03:16,058 THAT IMPACT IN. THEN WE'LL LOOK 1781 01:03:16,058 --> 01:03:17,393 AT THE THE NET IMPACTS OF THE 1782 01:03:17,393 --> 01:03:18,761 MAYOR'S SPENDING PROPOSALS. SO 1783 01:03:18,761 --> 01:03:20,496 THESE ARE THE INCREASES AND 1784 01:03:20,496 --> 01:03:22,398 DECREASES TO VARIOUS DEPARTMENTS 1785 01:03:22,398 --> 01:03:24,867 IN THE BUDGET AND THEN FINALLY 1786 01:03:24,867 --> 01:03:28,204 WE'LL LOOK AT AT WE'LL LOOK AT 1787 01:03:28,204 --> 01:03:30,039 THE NEW STRUCTURAL DEFICIT IN 1788 01:03:30,039 --> 01:03:34,177 COMPARISON TO THE THE NUMBERS I 1789 01:03:34,177 --> 01:03:35,811 SHOWED PREVIOUSLY. SO THE FIRST 1790 01:03:35,811 --> 01:03:38,181 STEP IS THE EXECUTIVE PLANNING 1791 01:03:38,181 --> 01:03:39,782 ASSUMPTIONS. SO IN APRIL, THE 1792 01:03:39,782 --> 01:03:40,349 EXECUTIVE COMMUNICATED THAT 1793 01:03:40,349 --> 01:03:41,751 THERE WAS INCREASING COST 1794 01:03:41,751 --> 01:03:43,619 PRESSURES AND IDENTIFIED RISKS 1795 01:03:43,619 --> 01:03:45,421 THAT WOULD INCREASE THE DEFICIT 1796 01:03:45,421 --> 01:03:47,056 IN THE BIENNIUM. THOSE WERE 1797 01:03:47,056 --> 01:03:48,858 LIMITED TO HIGHER PROJECTED 1798 01:03:48,858 --> 01:03:50,593 LABOR COSTS. THERE WAS A 1799 01:03:50,593 --> 01:03:52,028 SLIGHTLY BETTER APRIL FORECAST. 1800 01:03:52,028 --> 01:03:53,262 SO THAT KIND OF HELPED A LITTLE 1801 01:03:53,262 --> 01:03:54,831 BIT, BUT WAS NOT ENOUGH TO TO 1802 01:03:54,831 --> 01:03:58,201 CLOSE THE GAP. THERE WAS 1803 01:03:58,201 --> 01:03:58,835 ESSENTIALLY AN INCREASE IN THE 1804 01:03:58,835 --> 01:04:00,403 IN THE DEFICIT OF 26.3 MILLION 1805 01:04:00,403 --> 01:04:05,208 AND 27 AND 34.7 AND 28. SO WHEN 1806 01:04:05,208 --> 01:04:08,844 YOU INCLUDE THOSE IMPACTS TO THE 1807 01:04:08,844 --> 01:04:10,279 $149,000,129 MILLION ESTIMATE 1808 01:04:10,279 --> 01:04:12,381 THAT WE STARTED WITH, THAT 1809 01:04:12,381 --> 01:04:14,383 LEAVES YOU WITH 175 MILLION 1810 01:04:14,383 --> 01:04:16,485 PROJECTED DEFICIT, 2027 AND 1811 01:04:16,485 --> 01:04:21,290 164,000,000 IN 2028. SO NOW 1812 01:04:21,290 --> 01:04:22,291 DEALING WITH THE WHAT DID THE 1813 01:04:22,291 --> 01:04:25,061 MAYOR DO TO ADDRESS THAT? THAT 1814 01:04:25,061 --> 01:04:29,165 INCREASED DEFICIT. SO FIRST 1815 01:04:29,165 --> 01:04:31,300 INFLATED ONGOING COSTS. SO THESE 1816 01:04:31,300 --> 01:04:31,901 ARE THE KIND OF CHECKING THE 1817 01:04:31,901 --> 01:04:34,036 INFLATION ASSUMPTIONS AGAINST 1818 01:04:34,036 --> 01:04:34,704 REALITY. INFLATION, AS YOU KNOW, 1819 01:04:34,704 --> 01:04:39,242 IS COVERED IN THE MEMO HAS GONE 1820 01:04:39,242 --> 01:04:40,376 UP IN RECENT MONTHS. AND IT 1821 01:04:40,376 --> 01:04:42,178 STAYS AT A HIGH LEVEL. SO THE 1822 01:04:42,178 --> 01:04:43,379 THE ONGOING COSTS ARE PROJECTED 1823 01:04:43,379 --> 01:04:45,982 TO BE $88 MILLION AND $109 1824 01:04:45,982 --> 01:04:48,651 MILLION LOWER ARE HIGHER, I 1825 01:04:48,651 --> 01:04:50,253 SHOULD SAY, THAN THEY'RE 1826 01:04:50,253 --> 01:04:51,754 PROJECTED. SO INCREASING COSTS. 1827 01:04:51,754 --> 01:04:53,723 HOWEVER, THOSE BELOW THE LINE 1828 01:04:53,723 --> 01:04:55,424 PLANNING RESERVES THAT I 1829 01:04:55,424 --> 01:04:56,826 MENTIONED WERE ABLE TO BE 1830 01:04:56,826 --> 01:04:58,995 REDUCED BY AN EVEN GREATER 1831 01:04:58,995 --> 01:05:02,398 AMOUNT IN $148 MILLION, $140 1832 01:05:02,398 --> 01:05:05,468 MILLION IN 2028. SO THAT'S KIND 1833 01:05:05,468 --> 01:05:06,602 OF THE COMBINATION OF HIGHER 1834 01:05:06,602 --> 01:05:07,903 COSTS IN THE ABOVE THE LINE, BUT 1835 01:05:07,903 --> 01:05:09,405 LOWER COSTS IN THE BELOW THE 1836 01:05:09,405 --> 01:05:13,075 LINE, NETTING OUT TO A TO A 1837 01:05:13,075 --> 01:05:14,176 POSITIVE RESULT. THERE ARE A 1838 01:05:14,176 --> 01:05:15,578 COUPLE ITEMS THAT I WANT TO 1839 01:05:15,578 --> 01:05:16,712 POINT OUT HERE BECAUSE THEY'RE 1840 01:05:16,712 --> 01:05:18,214 IMPORTANT FOR THE ANALYSIS, 1841 01:05:18,214 --> 01:05:19,115 PARTICULARLY WITH REGARDS TO THE 1842 01:05:19,115 --> 01:05:22,184 JUMP START FUND. AND ALSO ITEMS 1843 01:05:22,184 --> 01:05:23,786 OF COUNCIL COUNCIL INTEREST. ONE 1844 01:05:23,786 --> 01:05:26,355 IS THAT THE PLANNING RESERVES IN 1845 01:05:26,355 --> 01:05:26,889 THE GENERAL FUND INCLUDE 1846 01:05:26,889 --> 01:05:30,259 INCLUDED $13,000,013.8 MILLION 1847 01:05:30,259 --> 01:05:35,264 IN 27 AND $18 MILLION IN 28 FOR 1848 01:05:35,264 --> 01:05:37,500 ENHANCED SHELTER. SO AS PART OF 1849 01:05:37,500 --> 01:05:38,901 THE MAYOR'S COMMUNICATION ABOUT 1850 01:05:38,901 --> 01:05:40,803 THE INCREASING COST PRESSURES IN 1851 01:05:40,803 --> 01:05:41,837 APRIL, THEY ALSO INDICATED THAT 1852 01:05:41,837 --> 01:05:43,539 THOSE KIND OF. PREVIOUSLY BELOW 1853 01:05:43,539 --> 01:05:45,007 THE LINE COSTS WERE NOW MOVING 1854 01:05:45,007 --> 01:05:47,710 ABOVE THE LINE AND IN FACT, IN 1855 01:05:47,710 --> 01:05:48,811 THE ULTIMATE BUDGET PROPOSAL, AS 1856 01:05:48,811 --> 01:05:51,047 YOU'LL SEE IN THE DISCUSSION OF 1857 01:05:51,047 --> 01:05:52,381 THE JUMPSTART FUND, SHE ACTUALLY 1858 01:05:52,381 --> 01:05:54,850 FUNDED THOSE SHELTER COSTS IN 1859 01:05:54,850 --> 01:05:55,818 THE JUMPSTART FUND AND NOT THE 1860 01:05:55,818 --> 01:05:57,520 GENERAL FUND. SO SO THAT RESULTS 1861 01:05:57,520 --> 01:06:00,289 IN A REDUCTION IN THE GENERAL 1862 01:06:00,289 --> 01:06:01,357 FUND COST, BUT IT MOVES IT TO 1863 01:06:01,357 --> 01:06:04,226 ANOTHER PART OF THE CITY 1864 01:06:04,226 --> 01:06:05,328 FINANCES. ANOTHER PIECE. AND 1865 01:06:05,328 --> 01:06:06,429 THIS WAS KIND OF THIS WAS 1866 01:06:06,429 --> 01:06:08,064 DISCUSSED IN THE MEMO LAST YEAR. 1867 01:06:08,064 --> 01:06:11,767 AT THIS TIME, THERE WAS A 1868 01:06:11,767 --> 01:06:13,169 PLACEHOLDER FOR $20.7 MILLION OF 1869 01:06:13,169 --> 01:06:15,237 COSTS IN THE BELOW THE LINE 1870 01:06:15,237 --> 01:06:16,839 PLANNING RESERVES FOR SEATTLE 1871 01:06:16,839 --> 01:06:18,541 SHIELD INVESTMENTS. SO LAST 1872 01:06:18,541 --> 01:06:21,043 YEAR'S BUDGET INCLUDED 1873 01:06:21,043 --> 01:06:21,644 APPROXIMATELY $30 MILLION OF 1874 01:06:21,644 --> 01:06:22,511 INVESTMENT. BUT A BIG CHUNK OF 1875 01:06:22,511 --> 01:06:24,814 IT WAS WAS ONE TIME IN NATURE. 1876 01:06:24,814 --> 01:06:26,115 IT HADN'T BEEN PROGRAMED IN THE 1877 01:06:26,115 --> 01:06:27,450 BUDGET. IT WAS HELD BELOW THE 1878 01:06:27,450 --> 01:06:29,919 LINE IN 27 AND BEYOND. AND TO 1879 01:06:29,919 --> 01:06:31,320 ENSURE THAT THERE WAS, YOU KNOW, 1880 01:06:31,320 --> 01:06:32,588 THE SPACE WAS BUILT INTO THE 1881 01:06:32,588 --> 01:06:34,156 REVENUE FORECAST TO SUPPORT 1882 01:06:34,156 --> 01:06:36,125 THOSE. SO NOW THEY'VE MOVED THAT 1883 01:06:36,125 --> 01:06:37,593 FROM THE BELOW THE LINE TO THE 1884 01:06:37,593 --> 01:06:39,462 ABOVE THE LINE PART OF THE 1885 01:06:39,462 --> 01:06:42,231 LEDGER AND FUNDED APPROXIMATELY 1886 01:06:42,231 --> 01:06:43,966 19 ODD MILLION DOLLARS OF ITEMS 1887 01:06:43,966 --> 01:06:44,667 IN THE BUDGET. THEY'RE DETAILED 1888 01:06:44,667 --> 01:06:48,104 IN THE MEMO TO KIND OF MEET OR 1889 01:06:48,104 --> 01:06:50,473 COME CLOSE TO MEETING THE UP TO 1890 01:06:50,473 --> 01:06:52,608 $30 MILLION OF THAT NEW, YOU 1891 01:06:52,608 --> 01:06:55,711 KNOW, TAX REVENUE FROM THE, YOU 1892 01:06:55,711 --> 01:06:58,547 KNOW, RESTRUCTURE THE SEATTLE 1893 01:06:58,547 --> 01:06:59,882 SHIELD MEASURE TO, YOU KNOW, TO 1894 01:06:59,882 --> 01:07:02,618 KIND OF MEET THOSE REQUIREMENTS. 1895 01:07:02,618 --> 01:07:04,120 BUT SINCE IT'S AN ADJUSTMENT, 1896 01:07:04,120 --> 01:07:05,087 IT'S A MOVING IT FROM BELOW, 1897 01:07:05,087 --> 01:07:06,122 BELOW THE LINE TO ABOVE THE 1898 01:07:06,122 --> 01:07:08,991 LINE, IT'S PART OF THE PLANNING 1899 01:07:08,991 --> 01:07:10,126 RESERVE ADJUSTMENT. A COUPLE 1900 01:07:10,126 --> 01:07:12,595 OTHER TECHNICAL ITEMS. REAL 1901 01:07:12,595 --> 01:07:13,162 QUICK REVENUE STABILIZATION 1902 01:07:13,162 --> 01:07:14,530 FUND, AN EMERGENCY FUND. THERE 1903 01:07:14,530 --> 01:07:16,499 WAS A PROJECTION FOR WHAT THOSE 1904 01:07:16,499 --> 01:07:19,435 WOULD BE LAST YEAR. REVENUE 1905 01:07:19,435 --> 01:07:20,970 STABILIZATION FUND IS BASED ON 1906 01:07:20,970 --> 01:07:25,775 CITY REVENUES. EMERGENCY FUND IS 1907 01:07:25,775 --> 01:07:28,377 BASED ON INFLATIONARY GROWTH. SO 1908 01:07:28,377 --> 01:07:29,412 THE NET RESULT OF THE 1909 01:07:29,412 --> 01:07:31,847 ADJUSTMENTS REFLECTING THE 1910 01:07:31,847 --> 01:07:33,015 DIFFERENT DIFFERENT BASIS FOR 1911 01:07:33,015 --> 01:07:36,052 EACH OF THOSE RESERVES, WAS THAT 1912 01:07:36,052 --> 01:07:39,321 $8 MILLION OR $9.9 MILLION 1913 01:07:39,321 --> 01:07:39,855 DECREASE IN 27 AND A $2.8 1914 01:07:39,855 --> 01:07:42,091 MILLION INCREASE IN 28, COMPARED 1915 01:07:42,091 --> 01:07:43,959 TO THE PROJECTIONS THAT WERE 1916 01:07:43,959 --> 01:07:44,660 AVAILABLE LAST YEAR. AND JUST AS 1917 01:07:44,660 --> 01:07:48,964 A KIND OF A SIDE NOTE, BECAUSE 1918 01:07:48,964 --> 01:07:50,232 IT'S YOU MAY HEAR THE WORDS 1919 01:07:50,232 --> 01:07:51,934 RESERVE. AND TO UNDERSTAND WHERE 1920 01:07:51,934 --> 01:07:52,902 WE ARE WITH REGARDS TO RESERVE, 1921 01:07:52,902 --> 01:07:54,970 BOTH OF THOSE RESERVES ARE 100% 1922 01:07:54,970 --> 01:07:56,739 FUNDED IN THIS BUDGET TO THEIR 1923 01:07:56,739 --> 01:07:58,808 POLICY LEVELS. THE EMERGENCY 1924 01:07:58,808 --> 01:08:00,376 MANAGEMENT OR THE EMERGENCY FUND 1925 01:08:00,376 --> 01:08:03,779 IS $92.4 MILLION AVAILABLE FOR 1926 01:08:03,779 --> 01:08:05,848 UNPLANNED EMERGENCIES. AND THEN 1927 01:08:05,848 --> 01:08:07,283 THE REVENUE STABILIZATION FUND 1928 01:08:07,283 --> 01:08:08,951 IS $82.1 MILLION. AND THAT'S IN 1929 01:08:08,951 --> 01:08:10,986 THE EVENT THAT REVENUE FORECASTS 1930 01:08:10,986 --> 01:08:14,457 COME IN BELOW BUDGETED 1931 01:08:14,457 --> 01:08:15,591 PROJECTIONS. THEN THE FINAL STEP 1932 01:08:15,591 --> 01:08:18,027 IN THE BASELINE PHASE IS 1933 01:08:18,027 --> 01:08:19,695 REVENUES. SO AUGUST REVENUE 1934 01:08:19,695 --> 01:08:21,597 FORECAST RAISED REVENUES BY 1935 01:08:21,597 --> 01:08:24,333 $31.3 MILLION IN 2027, $39.8 1936 01:08:24,333 --> 01:08:29,205 MILLION IN 2028. AND THAT'S 1937 01:08:29,205 --> 01:08:30,673 PRIMARILY FROM CHANGES IN GROSS 1938 01:08:30,673 --> 01:08:34,844 ENGROSSED SENATE BILL WHICH FROM 1939 01:08:34,844 --> 01:08:36,979 LAST YEAR, WHICH EXPANDED THE 1940 01:08:36,979 --> 01:08:38,948 TAX BASE IN THE TAX TO INCLUDE 1941 01:08:38,948 --> 01:08:41,450 PREVIOUSLY UNTAXED SERVICES. 1942 01:08:41,450 --> 01:08:43,219 BOTTOM LINE KEY TAKEAWAY FROM 1943 01:08:43,219 --> 01:08:47,256 ALL OF THESE CHANGES IS THAT THE 1944 01:08:47,256 --> 01:08:49,258 THE COST PROJECTION COMPARED TO 1945 01:08:49,258 --> 01:08:52,528 THE DEFICIT LAST YEAR IS 1946 01:08:52,528 --> 01:08:54,563 INCREASED DECREASED THE DEFICIT 1947 01:08:54,563 --> 01:08:56,999 BY $90.9 MILLION AND $67.2 1948 01:08:56,999 --> 01:08:59,568 MILLION IN 2028. SO THOSE 1949 01:08:59,568 --> 01:09:03,139 BASICALLY REDUCE THAT THAT PRIOR 1950 01:09:03,139 --> 01:09:07,209 175, $164 MILLION DEFICIT SO NOW 1951 01:09:07,209 --> 01:09:08,344 THE MAYOR'S OPERATING 1952 01:09:08,344 --> 01:09:10,980 PROPOSALS. SO THESE ARE THE NEW 1953 01:09:10,980 --> 01:09:12,615 REQUESTS TO TO MAKE CHANGES IN 1954 01:09:12,615 --> 01:09:16,519 THE BUDGET IN A NET BASIS. THESE 1955 01:09:16,519 --> 01:09:17,052 PROPOSALS WOULD DECREASE 1956 01:09:17,052 --> 01:09:18,721 SPENDING, DECREASE 1957 01:09:18,721 --> 01:09:20,356 APPROPRIATIONS BY $61 MILLION IN 1958 01:09:20,356 --> 01:09:24,460 27, $78 MILLION IN 2028. SO THIS 1959 01:09:24,460 --> 01:09:25,928 IS A A MIXTURE OF INCREASES TO 1960 01:09:25,928 --> 01:09:27,396 SOME PLACES IN THE BUDGET AND 1961 01:09:27,396 --> 01:09:29,999 DECREASES TO OTHERS. AND ALSO A 1962 01:09:29,999 --> 01:09:32,902 MIXTURE OF OF ONGOING AND ONE 1963 01:09:32,902 --> 01:09:33,636 TIME CHANGES. THERE IS AN 1964 01:09:33,636 --> 01:09:35,070 ATTACHMENT INCLUDED IN THE MEMO 1965 01:09:35,070 --> 01:09:37,273 THAT INCLUDES LINE BY LINE FOR 1966 01:09:37,273 --> 01:09:39,008 EACH DEPARTMENT. WHAT THOSE 1967 01:09:39,008 --> 01:09:41,310 ADJUSTMENTS ARE. BUT IN TERMS OF 1968 01:09:41,310 --> 01:09:46,015 HIGH LEVEL DISCUSSION, THE 1969 01:09:46,015 --> 01:09:46,582 APPROPRIATION INCREASES ARE 1970 01:09:46,582 --> 01:09:48,551 $44.7 MILLION IN 2720 $8.3 1971 01:09:48,551 --> 01:09:50,419 MILLION IN 28. AND OF THE 1972 01:09:50,419 --> 01:09:53,455 INCREASES, $21.5 MILLION WOULD 1973 01:09:53,455 --> 01:09:56,058 CONTINUE INTO FUTURE YEARS. THE 1974 01:09:56,058 --> 01:09:57,660 DECREASES, ON THE OTHER HAND, 1975 01:09:57,660 --> 01:10:01,931 ARE 105.6 MILLION IN 27, $107 1976 01:10:01,931 --> 01:10:04,166 MILLION IN 28. THE ENTIRETY OF 1977 01:10:04,166 --> 01:10:06,068 THAT DECREASE IN 28 CONTINUES 1978 01:10:06,068 --> 01:10:07,136 INTO FUTURE YEARS. AND THAT IS, 1979 01:10:07,136 --> 01:10:08,804 YOU KNOW, REALLY, WHAT DOES A 1980 01:10:08,804 --> 01:10:10,306 LOT OF THE HEAVY LIFTING WITH 1981 01:10:10,306 --> 01:10:13,509 REGARDS TO REDUCING THE 1982 01:10:13,509 --> 01:10:14,810 STRUCTURAL DEFICIT IN TERMS OF 1983 01:10:14,810 --> 01:10:15,878 THE LARGEST SINGLE DECREASE IN 1984 01:10:15,878 --> 01:10:17,379 THE GENERAL FUND BUDGET? IT'S 1985 01:10:17,379 --> 01:10:21,517 THE THE SHIFT OF $47 MILLION OF 1986 01:10:21,517 --> 01:10:22,184 HOMELESSNESS PROGRAMING. THAT'S 1987 01:10:22,184 --> 01:10:23,152 IN THE HUMAN SERVICES DEPARTMENT 1988 01:10:23,152 --> 01:10:26,956 IN BOTH 27 AND 28. AND THAT FUND 1989 01:10:26,956 --> 01:10:28,891 SHIFT MOVES THAT ON A TWO YEAR 1990 01:10:28,891 --> 01:10:30,559 BASIS FROM THE GENERAL FUND TO 1991 01:10:30,559 --> 01:10:33,829 THE JUMPSTART FUND. I WILL NOTE 1992 01:10:33,829 --> 01:10:37,199 THAT THERE IS AN EXISTING 1993 01:10:37,199 --> 01:10:38,067 INTERRELATION BETWEEN THE 1994 01:10:38,067 --> 01:10:39,268 GENERAL FUND AND THE JUMPSTART 1995 01:10:39,268 --> 01:10:42,004 FUND THAT WE'VE BEEN USING FOR 1996 01:10:42,004 --> 01:10:44,573 ESSENTIALLY SINCE THE JUMPSTART 1997 01:10:44,573 --> 01:10:47,176 FUND WAS CREATED IN 2021. AND 1998 01:10:47,176 --> 01:10:47,810 THAT'S A INTERFUND TRANSFER 1999 01:10:47,810 --> 01:10:49,211 LINE. SO IT'S BASICALLY JUST 2000 01:10:49,211 --> 01:10:52,348 SENDING, SENDING CASH BETWEEN 2001 01:10:52,348 --> 01:10:54,483 THE BETWEEN THE FUNDS TO HELP 2002 01:10:54,483 --> 01:10:55,618 ONE BALANCE THE OTHER. SO THIS 2003 01:10:55,618 --> 01:10:57,653 IS A BIT OF A DEPARTURE BY WAY 2004 01:10:57,653 --> 01:10:59,755 OF MOVING WHOLESALE PROGRAMING 2005 01:10:59,755 --> 01:11:00,956 OVER THE JUMPSTART FUND. IT'S 2006 01:11:00,956 --> 01:11:03,025 ENTIRELY CONSISTENT WITH THE 2007 01:11:03,025 --> 01:11:06,562 JUMPSTART FUND POLICIES, AS 2008 01:11:06,562 --> 01:11:07,363 AMENDED BY ORDINANCE 127155. BUT 2009 01:11:07,363 --> 01:11:08,631 I JUST WANTED TO POINT IT OUT 2010 01:11:08,631 --> 01:11:09,698 SINCE IT IS A BIT DIFFERENT THAN 2011 01:11:09,698 --> 01:11:13,469 WHAT WE'VE SEEN IN THE PAST. 2012 01:11:13,469 --> 01:11:15,371 BOTTOM LINE FROM ALL THESE 2013 01:11:15,371 --> 01:11:18,040 CHANGES IS THAT THE MAYOR'S NET 2014 01:11:18,040 --> 01:11:19,375 OPERATING PROPOSALS WOULD 2015 01:11:19,375 --> 01:11:21,310 DECREASE THE DEFICIT BY $70 2016 01:11:21,310 --> 01:11:23,812 MILLION IN 2027 AND 20, AND $78 2017 01:11:23,812 --> 01:11:26,515 MILLION IN IN 2028. AND THAT, 2018 01:11:26,515 --> 01:11:28,584 AGAIN, NEARLY HALF OF THAT IS IS 2019 01:11:28,584 --> 01:11:30,853 A SHIFT IN HOMELESSNESS FUNDING 2020 01:11:30,853 --> 01:11:33,455 TO THE JUMPSTART FUND. BUT 2021 01:11:33,455 --> 01:11:35,024 BOTTOM LINE IS THAT THE THE THE 2022 01:11:35,024 --> 01:11:36,925 NET DECREASE IMPROVES 2023 01:11:36,925 --> 01:11:38,527 SUSTAINABILITY IN THE GENERAL 2024 01:11:38,527 --> 01:11:39,795 FUND COMPARED TO THE PROJECTION 2025 01:11:39,795 --> 01:11:44,767 FROM LAST FALL SO THIS IS A BIT 2026 01:11:44,767 --> 01:11:46,168 LESS COMPLEX. TABLE JUST BRINGS 2027 01:11:46,168 --> 01:11:48,604 TOGETHER ALL OF THE VARIOUS 2028 01:11:48,604 --> 01:11:51,173 STEPS, STARTING FROM THE 149, 2029 01:11:51,173 --> 01:11:51,940 $129 MILLION DEFICIT ADDS IN THE 2030 01:11:51,940 --> 01:11:53,275 PLANNING. THE UPDATE TO THE 2031 01:11:53,275 --> 01:11:55,411 PLANNING ASSUMPTIONS IN THE 2032 01:11:55,411 --> 01:11:57,780 APRIL FORECAST, AS IN THE 2033 01:11:57,780 --> 01:12:00,649 MAYOR'S PROPOSALS, AND GETS YOU 2034 01:12:00,649 --> 01:12:02,318 TO A REVISED STRUCTURAL DEFICIT. 2035 01:12:02,318 --> 01:12:03,919 SO THIS IS KIND OF THE THE 2036 01:12:03,919 --> 01:12:06,255 DIFFERENCE BETWEEN THE THE 2037 01:12:06,255 --> 01:12:08,290 EXPENDITURES AND PLANNED 2038 01:12:08,290 --> 01:12:10,326 SPENDING OF $23.2 MILLION IN 2039 01:12:10,326 --> 01:12:14,396 2027 AND $18 MILLION IN 2028. SO 2040 01:12:14,396 --> 01:12:15,731 IF YOU HEARKEN BACK, I MENTIONED 2041 01:12:15,731 --> 01:12:19,134 IN KIND OF ONE OF MY EARLIER 2042 01:12:19,134 --> 01:12:20,936 SLIDES HOW AT THE END OF 2026, 2043 01:12:20,936 --> 01:12:23,372 THERE WAS ABOUT $56 MILLION OF 2044 01:12:23,372 --> 01:12:24,807 ONE TIME FUND BALANCE THAT WAS 2045 01:12:24,807 --> 01:12:27,076 AVAILABLE. WELL, THAT ONE FUND, 2046 01:12:27,076 --> 01:12:28,677 ONE TIME FUND BALANCE IS USED TO 2047 01:12:28,677 --> 01:12:31,013 COVER THIS, THIS DEFICIT FOR 2048 01:12:31,013 --> 01:12:35,417 OVER TWO YEARS SO THIS IS WHAT 2049 01:12:35,417 --> 01:12:38,020 OUR NEW SUSTAINABILITY GRAPH 2050 01:12:38,020 --> 01:12:40,456 LOOKS LIKE WITH THESE CHANGES 2051 01:12:40,456 --> 01:12:41,356 EMBEDDED AND WITH THE, YOU KNOW, 2052 01:12:41,356 --> 01:12:44,359 STILL MAKING PROJECTIONS ABOUT 2053 01:12:44,359 --> 01:12:48,363 29 AND 30 AS YOU CAN SEE, I 2054 01:12:48,363 --> 01:12:49,698 CAN'T EVEN FIT THE NUMBERS 2055 01:12:49,698 --> 01:12:50,632 BETWEEN THE LINES ANYMORE. I 2056 01:12:50,632 --> 01:12:51,734 HAVE TO KIND OF GO OUTSIDE THAT 2057 01:12:51,734 --> 01:12:53,035 GRAPH, BUT THEY'RE STILL THERE. 2058 01:12:53,035 --> 01:12:55,804 IT'S STILL A $23 MILLION 2059 01:12:55,804 --> 01:12:57,873 DEFICIT IN 27, $18 MILLION 2060 01:12:57,873 --> 01:12:58,974 DEFICIT IN 28 FOR THE PURPOSES 2061 01:12:58,974 --> 01:13:00,909 OF BUDGET BALANCING. UNDER STATE 2062 01:13:00,909 --> 01:13:02,778 LAW THAT IS FULLY COVERED AND 2063 01:13:02,778 --> 01:13:03,879 FULLY BALANCED BY THE USE OF 2064 01:13:03,879 --> 01:13:08,350 FUND BALANCE. THE USE OF FUND 2065 01:13:08,350 --> 01:13:08,951 BALANCE CONTINUES INTO 2029. 2066 01:13:08,951 --> 01:13:10,252 THERE'S A $14 MILLION DRAW, AND 2067 01:13:10,252 --> 01:13:13,021 AT THAT POINT, THAT ENTIRE $56 2068 01:13:13,021 --> 01:13:14,289 MILLION OF STARTING BALANCE IS 2069 01:13:14,289 --> 01:13:20,929 USED UP. AND THEN IN 2030, $9 2070 01:13:20,929 --> 01:13:27,169 MILLION SURPLUS. SO JUST A FEW 2071 01:13:27,169 --> 01:13:28,971 BRIEF COMMENTS ON ON 2072 01:13:28,971 --> 01:13:31,173 SUSTAINABILITY. AND THESE ARE 2073 01:13:31,173 --> 01:13:32,574 JUST I ESSENTIALLY COVERED THIS, 2074 01:13:32,574 --> 01:13:34,376 BUT THE HOW THE FUND BALANCE IS 2075 01:13:34,376 --> 01:13:37,012 USED TO KIND OF BRIDGE THE, THE 2076 01:13:37,012 --> 01:13:38,747 STRUCTURAL GAP OVER THREE YEARS, 2077 01:13:38,747 --> 01:13:41,917 LEADING TO A SURPLUS BY THE 2078 01:13:41,917 --> 01:13:44,586 FOURTH YEAR. BUT THIS IS THE THE 2079 01:13:44,586 --> 01:13:46,822 SOMETHING THAT'S NOT READILY 2080 01:13:46,822 --> 01:13:48,290 APPARENT BECAUSE COUNCIL IS NOT 2081 01:13:48,290 --> 01:13:49,992 ADOPTING A FINANCIAL PLAN. 2082 01:13:49,992 --> 01:13:52,094 COUNCIL IS IS ONLY BEING ASKED 2083 01:13:52,094 --> 01:13:54,396 TO CONSIDER THE PROPOSED BUDGET. 2084 01:13:54,396 --> 01:13:54,930 SO THERE'S NO DECISION 2085 01:13:54,930 --> 01:13:56,598 INHERENTLY INHERENT TO BE MADE 2086 01:13:56,598 --> 01:14:01,870 WITH REGARDS TO 29 AND BEYOND. 2087 01:14:01,870 --> 01:14:03,372 JUST GIVING, GIVING A HEADS UP, 2088 01:14:03,372 --> 01:14:04,506 SINCE THIS IS A. THIS IS A 2089 01:14:04,506 --> 01:14:05,541 CHANGE THAT'S NOT VISIBLE IN 2090 01:14:05,541 --> 01:14:07,743 THE FINANCIAL PLAN OTHERWISE. 2091 01:14:07,743 --> 01:14:09,278 AND THAT IS TO BALANCE THE 2092 01:14:09,278 --> 01:14:11,213 GENERAL FUND IN THE FUTURE OR 2093 01:14:11,213 --> 01:14:11,747 THE JUMPSTART FUND IN THE 2094 01:14:11,747 --> 01:14:13,315 FUTURE. A PORTION OF THAT 2095 01:14:13,315 --> 01:14:14,683 HOMELESSNESS FUNDING SHIFT WILL 2096 01:14:14,683 --> 01:14:16,218 HAVE TO SHIFT BACK FROM THE 2097 01:14:16,218 --> 01:14:17,553 JUMPSTART FUND TO THE GENERAL 2098 01:14:17,553 --> 01:14:21,256 FUND. AND SO THAT'S JUST THAT'S 2099 01:14:21,256 --> 01:14:22,791 JUST NECESSARY. IN, FROM THE 2100 01:14:22,791 --> 01:14:23,392 EXECUTIVE'S PERSPECTIVE TO 2101 01:14:23,392 --> 01:14:24,092 BALANCE THE JUMPSTART FUND. 2102 01:14:24,092 --> 01:14:25,260 AGAIN, THAT COULD BE HANDLED 2103 01:14:25,260 --> 01:14:26,595 WITH THE TOGGLING TO THAT 2104 01:14:26,595 --> 01:14:27,763 INTERFUND TRANSFER. BUT THAT'S 2105 01:14:27,763 --> 01:14:29,298 HOW THEY'VE CHOSEN TO PRESENT IT 2106 01:14:29,298 --> 01:14:36,471 IN THE FINANCIAL PLAN. SO NOW 2107 01:14:36,471 --> 01:14:39,608 I'M GOING TO CONTINUE ON AND DO 2108 01:14:39,608 --> 01:14:43,812 A A BIT OF A SAME SAME READ ON 2109 01:14:43,812 --> 01:14:45,280 THE JUMPSTART FUND BUDGET. THIS 2110 01:14:45,280 --> 01:14:46,682 IS JUST LOOKING. 2111 01:14:46,682 --> 01:14:47,816 -- LET'S ACTUALLY PAUSE RIGHT 2112 01:14:47,816 --> 01:14:49,284 THERE. SINCE WE ARE NOW MOVING 2113 01:14:49,284 --> 01:14:52,287 BETWEEN FUNDS, I KNOW THAT YOU 2114 01:14:52,287 --> 01:14:53,388 GAVE US QUITE A BIT OF OVERVIEW, 2115 01:14:53,388 --> 01:14:55,457 BUT I WANT TO CHECK IN WITH 2116 01:14:55,457 --> 01:14:56,058 COUNCIL COLLEAGUES TO SEE IF 2117 01:14:56,058 --> 01:14:58,227 THERE ARE ANY QUESTIONS 2118 01:14:58,227 --> 01:14:59,461 SPECIFICALLY ABOUT THE GENERAL 2119 01:14:59,461 --> 01:15:01,864 FUND. I'LL TELL YOU, I GREATLY 2120 01:15:01,864 --> 01:15:04,099 APPRECIATE YOU BRINGING THIS 2121 01:15:04,099 --> 01:15:05,567 PRESENTATION TO US, THIS 2122 01:15:05,567 --> 01:15:06,869 COLLEAGUES. THIS WAS PART OF OUR 2123 01:15:06,869 --> 01:15:09,104 BUDGET REFORM IN CONTENT PROCESS 2124 01:15:09,104 --> 01:15:12,040 AND PROCEDURE THAT WE HAVE BEEN 2125 01:15:12,040 --> 01:15:13,375 WORKING WITH THE CITY BUDGET 2126 01:15:13,375 --> 01:15:14,409 OFFICE OVER THE LAST NUMBER OF 2127 01:15:14,409 --> 01:15:16,912 YEARS. AND SO THIS PRESENTATION 2128 01:15:16,912 --> 01:15:18,213 WAS FORMALIZED, AS TOM 2129 01:15:18,213 --> 01:15:18,847 MENTIONED, THROUGH THE STATEMENT 2130 01:15:18,847 --> 01:15:21,149 OF LEGISLATIVE INTENT THAT WAS 2131 01:15:21,149 --> 01:15:23,519 SENT OUT TO ALL COLLEAGUES 2132 01:15:23,519 --> 01:15:24,486 EARLIER IN THE BUDGET CYCLE AT 2133 01:15:24,486 --> 01:15:27,089 THE BEGINNING OF THE BUDGET 2134 01:15:27,089 --> 01:15:29,358 PROCESS. THIS IS ONE OF THE 2135 01:15:29,358 --> 01:15:33,061 CLEANEST AND CLEAREST READS, 2136 01:15:33,061 --> 01:15:35,364 USING CONSISTENT BENCHMARKS TO 2137 01:15:35,364 --> 01:15:35,931 HELP US UNDERSTAND WHAT THE 2138 01:15:35,931 --> 01:15:37,566 STRUCTURAL BUDGET DEFICIT IS. 2139 01:15:37,566 --> 01:15:39,167 BECAUSE OVER THE COURSE OF THE 2140 01:15:39,167 --> 01:15:42,404 LAST NUMBER OF YEARS, THERE HAVE 2141 01:15:42,404 --> 01:15:43,739 BEEN MAYBE THE BEST WAY I'LL SAY 2142 01:15:43,739 --> 01:15:45,107 IT IS, THERE HAS NOT BEEN A 2143 01:15:45,107 --> 01:15:46,909 CONSISTENT DEFINITION. THIS 2144 01:15:46,909 --> 01:15:49,077 HELPS US CREATE THAT CONSISTENT 2145 01:15:49,077 --> 01:15:49,878 DEFINITION TO REALLY BE ABLE TO 2146 01:15:49,878 --> 01:15:52,347 SAY, ARE WE GETTING BETTER? ARE 2147 01:15:52,347 --> 01:15:54,149 WE GETTING WORSE? I WILL SAY, AS 2148 01:15:54,149 --> 01:15:56,285 FAR AS THE MAYOR'S BUDGET 2149 01:15:56,285 --> 01:15:58,353 PROPOSAL GOES, THIS IS REALLY 2150 01:15:58,353 --> 01:16:00,155 IMPORTANT AND THIS IS GOOD WORK. 2151 01:16:00,155 --> 01:16:02,724 IT DOES COME AT THE COST OF WHAT 2152 01:16:02,724 --> 01:16:05,294 I AM WORRIED WILL STOP THE 2153 01:16:05,294 --> 01:16:06,728 CITY'S POSITIVE MOMENTUM IN ITS 2154 01:16:06,728 --> 01:16:08,363 TRACKS, AND THAT'S WHAT WE'LL 2155 01:16:08,363 --> 01:16:10,065 GET INTO. COLLEAGUES WITH THE 2156 01:16:10,065 --> 01:16:12,601 ADDITIONAL ANALYSIS AND 2157 01:16:12,601 --> 01:16:13,969 COUNCILMEMBER PROPOSALS. BUT I 2158 01:16:13,969 --> 01:16:14,603 WILL SAY REDUCING THE STRUCTURAL 2159 01:16:14,603 --> 01:16:16,104 BUDGET DEFICIT IS AN IMPORTANT 2160 01:16:16,104 --> 01:16:18,674 THING THAT WE ARE DOING. AND IT 2161 01:16:18,674 --> 01:16:20,375 SEEMS, AND THIS WILL BE MY ONLY 2162 01:16:20,375 --> 01:16:21,910 QUESTION TO START US OFF. IT 2163 01:16:21,910 --> 01:16:24,713 DOES SEEM THAT THIS IS 2164 01:16:24,713 --> 01:16:26,748 ACCOMPLISHED THROUGH MANY CUTS, 2165 01:16:26,748 --> 01:16:28,450 AND THE EXPANDED USE OF THE 2166 01:16:28,450 --> 01:16:30,385 JUMPSTART FUND IS THAT GENERALLY 2167 01:16:30,385 --> 01:16:31,653 CORRECT? ARE THERE OTHER 2168 01:16:31,653 --> 01:16:34,523 ATTRIBUTES THAT I'M MISSING 2169 01:16:34,523 --> 01:16:34,723 HERE? 2170 01:16:34,723 --> 01:16:35,891 -- CHAIR STRAUSS THAT THAT IS 2171 01:16:35,891 --> 01:16:38,026 ACCURATE? THE THE ESSENTIALLY 2172 01:16:38,026 --> 01:16:41,063 THE, THE NET CUTS THAT THE NET 2173 01:16:41,063 --> 01:16:42,097 DECREASE TO THE BUDGET IS DOING 2174 01:16:42,097 --> 01:16:43,999 A LOT OF THE HEAVY LIFTING, THE 2175 01:16:43,999 --> 01:16:46,001 IMPROVEMENT TO THE GENERAL FUND 2176 01:16:46,001 --> 01:16:48,637 FORECAST PLAYED ITS PART FROM 2177 01:16:48,637 --> 01:16:51,373 AUGUST AS WELL. AND WE'LL SEE. 2178 01:16:51,373 --> 01:16:52,474 THERE'S A FORECAST COMING UP AT 2179 01:16:52,474 --> 01:16:53,575 THE END OF THIS WEEK AS WELL. 2180 01:16:53,575 --> 01:16:55,877 SEE WHAT THAT DOES HOPEFULLY 2181 01:16:55,877 --> 01:16:58,914 GOOD. GOOD NEWS. AND ALSO YEAH 2182 01:16:58,914 --> 01:17:00,716 EXACTLY. THE SHIFT TO THE 2183 01:17:00,716 --> 01:17:03,585 JUMPSTART FUND AND THE THE 2184 01:17:03,585 --> 01:17:06,288 SUSTAINABILITY DISCUSSION. ASKED 2185 01:17:06,288 --> 01:17:07,723 SPECIFICALLY FOR KIND OF LOOKING 2186 01:17:07,723 --> 01:17:09,091 AT THE IMPLICATIONS BACK AND 2187 01:17:09,091 --> 01:17:09,591 FORTH BECAUSE THEY ARE 2188 01:17:09,591 --> 01:17:10,359 ESSENTIALLY ARE THE TWO CITY, 2189 01:17:10,359 --> 01:17:13,495 THE CITY'S TWO LARGEST GENERAL 2190 01:17:13,495 --> 01:17:15,364 PURPOSE FUNDS AT THIS POINT. SO 2191 01:17:15,364 --> 01:17:17,833 SO THAT YES, THAT'S ACCURATE. 2192 01:17:17,833 --> 01:17:18,567 -- THANK YOU. TOM. COLLEAGUES, 2193 01:17:18,567 --> 01:17:19,301 ARE THERE ANY QUESTIONS AT THIS 2194 01:17:19,301 --> 01:17:21,269 TIME? I'M GOING TO HOLD MY 2195 01:17:21,269 --> 01:17:22,404 QUESTIONS UNTIL THE VERY END OF 2196 01:17:22,404 --> 01:17:24,439 THE PRESENTATION, JUST TO SEE IF 2197 01:17:24,439 --> 01:17:25,540 FOLKS HAVE THEIRS. AND 2198 01:17:25,540 --> 01:17:26,208 COUNCILMEMBER RIVERA, I'M GOING 2199 01:17:26,208 --> 01:17:28,043 TO CALL ON YOU ONCE RIGHT NOW, 2200 01:17:28,043 --> 01:17:29,444 AND THEN WE'LL COME BACK TO YOU 2201 01:17:29,444 --> 01:17:31,380 AT THE END OF THE PRESENTATION 2202 01:17:31,380 --> 01:17:31,646 AS WELL. 2203 01:17:31,646 --> 01:17:32,714 -- THANK YOU, CHAIR, AND THANK 2204 01:17:32,714 --> 01:17:35,484 YOU FOR THE PRESENTATION. TOM. 2205 01:17:35,484 --> 01:17:38,887 TWO QUICK QUESTIONS. ONE IS JUST 2206 01:17:38,887 --> 01:17:41,323 TO CONFIRM, WHAT I THOUGHT I 2207 01:17:41,323 --> 01:17:43,859 HEARD WAS WHICH AGAIN, TO 2208 01:17:43,859 --> 01:17:45,661 REITERATE, THE SHIFT FROM THE 2209 01:17:45,661 --> 01:17:48,096 GENERAL FUND TO THE JUMPSTART 2210 01:17:48,096 --> 01:17:48,930 FUND WAS HALF. I THOUGHT I HEARD 2211 01:17:48,930 --> 01:17:52,434 YOU SAY HALF OF OF HOW THEY'RE 2212 01:17:52,434 --> 01:17:53,835 TAKING CARE OF THE STRUCTURAL 2213 01:17:53,835 --> 01:17:56,304 DEFICIT. AND THEN THE OTHER HALF 2214 01:17:56,304 --> 01:17:57,773 ARE REDUCTIONS. BUT I ASSUME 2215 01:17:57,773 --> 01:17:59,641 THOSE ARE MAINLY THE ONE TIME 2216 01:17:59,641 --> 01:18:01,676 ADDS, BECAUSE I NOTICED AS I WAS 2217 01:18:01,676 --> 01:18:03,378 READING THROUGH THE BUDGET THAT 2218 01:18:03,378 --> 01:18:05,580 THERE WERE A LOT OF ONE TIME 2219 01:18:05,580 --> 01:18:07,883 ADDS THAT ARE JUST GETTING 2220 01:18:07,883 --> 01:18:09,451 QUOTE, UNQUOTE REDUCED. AND SO 2221 01:18:09,451 --> 01:18:10,852 IS THAT THE OTHER HALF OR ARE 2222 01:18:10,852 --> 01:18:13,388 THERE THINGS IN ADDITION TO THE 2223 01:18:13,388 --> 01:18:15,390 TO THE ONE TIME. 2224 01:18:15,390 --> 01:18:16,625 -- THANK YOU FOR THE QUESTION, 2225 01:18:16,625 --> 01:18:18,460 VICE CHAIR RIVERA SO THAT'S, 2226 01:18:18,460 --> 01:18:20,896 THAT'S A GREAT LEAD TO KIND OF 2227 01:18:20,896 --> 01:18:22,864 EXPLAIN A BIT HOW IT ALL HANGS 2228 01:18:22,864 --> 01:18:24,833 TOGETHER. THE ONE TIME ADDS FROM 2229 01:18:24,833 --> 01:18:28,303 LAST YEAR. SO THINGS THAT WERE 2230 01:18:28,303 --> 01:18:30,205 ADDED IN THE 26, 2026 ADOPTED 2231 01:18:30,205 --> 01:18:31,673 BUDGET ON A ONE TIME BASIS. 2232 01:18:31,673 --> 01:18:34,109 THOSE ARE TAKEN OUT ACTUALLY IN 2233 01:18:34,109 --> 01:18:34,910 THE BASELINE AND TECHNICAL 2234 01:18:34,910 --> 01:18:38,947 PHASE. AND SO CBO IS DOING 2235 01:18:38,947 --> 01:18:39,815 PRODUCING THEIR KIND OF BASELINE 2236 01:18:39,815 --> 01:18:41,483 ASSESSMENT OF THE BUDGET TO 2237 01:18:41,483 --> 01:18:42,484 START FOR 2027. ONE OF THE FIRST 2238 01:18:42,484 --> 01:18:44,019 STEPS THAT THEY DO IS TAKE AWAY 2239 01:18:44,019 --> 01:18:45,454 THAT TAKE OUT THAT ONE TIME 2240 01:18:45,454 --> 01:18:46,688 STUFF. NOW, IT COULD GET ADDED 2241 01:18:46,688 --> 01:18:49,091 BACK AS PART OF A PROPOSAL. BUT 2242 01:18:49,091 --> 01:18:50,859 BUT IN TERMS OF DOING THE KIND 2243 01:18:50,859 --> 01:18:51,793 OF BASELINE, THEY TAKE THOSE 2244 01:18:51,793 --> 01:18:53,595 ITEMS OUT AND THEN AND THEN 2245 01:18:53,595 --> 01:18:56,465 INFLATE THOSE ON ONGOING COSTS 2246 01:18:56,465 --> 01:19:00,335 WITH REGARDS TO HOW THE KIND OF 2247 01:19:00,335 --> 01:19:01,903 THE HOW TO THINK ABOUT THE, THE, 2248 01:19:01,903 --> 01:19:03,538 THE UPS AND THE DOWNS WITHIN THE 2249 01:19:03,538 --> 01:19:05,807 BUDGET. IF I COULD, I'LL GO 2250 01:19:05,807 --> 01:19:07,709 BACK TO THIS SLIDE HERE. SO THE 2251 01:19:07,709 --> 01:19:11,847 NET DECREASE IS $61 MILLION AND 2252 01:19:11,847 --> 01:19:13,482 78. SO THAT'S A MIX OF ONGOING 2253 01:19:13,482 --> 01:19:16,685 AND ONE TIME SPENDING IN THE 2254 01:19:16,685 --> 01:19:20,956 BUDGET. THE THE INCREASES IN OUR 2255 01:19:20,956 --> 01:19:24,192 44,000,028 MILLION, 44,000,027, 2256 01:19:24,192 --> 01:19:26,895 28,000,028. ONLY $21 MILLION OF 2257 01:19:26,895 --> 01:19:29,564 THAT IS, IS, IS ONGOING INTO THE 2258 01:19:29,564 --> 01:19:31,533 FUTURE. BUT IF YOU LOOK AT THE 2259 01:19:31,533 --> 01:19:33,368 DECREASES, WHICH AGAIN, I THINK 2260 01:19:33,368 --> 01:19:36,037 IT'S ABOUT IT'S ABOUT HALF OF 2261 01:19:36,037 --> 01:19:36,571 THAT IS THAT HOMELESSNESS 2262 01:19:36,571 --> 01:19:38,740 FUNDING SHIFT. THAT'S $105 2263 01:19:38,740 --> 01:19:42,811 MILLION. AND THAT'S 107 IN 2028. 2264 01:19:42,811 --> 01:19:44,546 THAT'S ALL ONGOING. AND SO SO 2265 01:19:44,546 --> 01:19:46,548 IF YOU LOOK AT THE NET ON A TWO 2266 01:19:46,548 --> 01:19:48,350 YEAR BASIS, IT'S 61. BUT IF YOU 2267 01:19:48,350 --> 01:19:49,684 KIND OF STRETCH THAT OUT ONTO 2268 01:19:49,684 --> 01:19:51,086 WHAT'S REALLY GOING TO CONTINUE 2269 01:19:51,086 --> 01:19:51,953 INTO FUTURE YEARS, THAT'S ON THE 2270 01:19:51,953 --> 01:19:54,990 ORDER OF 100 AND $107 MILLION. 2271 01:19:54,990 --> 01:19:58,593 AND YES, ABOUT ALMOST HALF OF IT 2272 01:19:58,593 --> 01:19:59,194 IS THAT HOMELESSNESS FUNDING 2273 01:19:59,194 --> 01:20:00,796 SHIFT 2274 01:20:00,796 --> 01:20:02,330 -- COUNCILMEMBERS MAY I ADD 2275 01:20:02,330 --> 01:20:03,999 SOMETHING AS WELL? THE YOU KNOW, 2276 01:20:03,999 --> 01:20:05,267 THIS IS A VERY HIGH LEVEL. AND 2277 01:20:05,267 --> 01:20:07,235 SO WHEN IT COMES DOWN TO WHAT IS 2278 01:20:07,235 --> 01:20:09,037 THE EFFECT, IT REALLY WILL COME 2279 01:20:09,037 --> 01:20:09,538 DOWN TO THE INDIVIDUAL 2280 01:20:09,538 --> 01:20:11,540 DEPARTMENTS. ONE OF THE THEMES 2281 01:20:11,540 --> 01:20:14,509 OF DIRECTOR PANUCCI'S 2282 01:20:14,509 --> 01:20:15,577 PRESENTATION WAS THE IDEA OF 2283 01:20:15,577 --> 01:20:17,245 RIGHTSIZING AND TRYING TO FIGURE 2284 01:20:17,245 --> 01:20:18,280 OUT WHAT IS THE SORT OF NEW, 2285 01:20:18,280 --> 01:20:20,415 ESTABLISHED BASELINE OF SERVICE 2286 01:20:20,415 --> 01:20:21,183 DELIVERY. SO THAT IS KIND OF 2287 01:20:21,183 --> 01:20:23,451 EMBEDDED IN PART OF THIS. BUT TO 2288 01:20:23,451 --> 01:20:24,686 UNDERSTAND WHAT THAT MEANS, IT 2289 01:20:24,686 --> 01:20:26,188 REALLY DOES COME DOWN TO LOOKING 2290 01:20:26,188 --> 01:20:27,989 AT THE INDIVIDUAL DEPARTMENTS. 2291 01:20:27,989 --> 01:20:29,457 -- YES. THANK YOU. KELLY. I 2292 01:20:29,457 --> 01:20:31,126 NOTICED THAT AS I WAS READING 2293 01:20:31,126 --> 01:20:32,227 THROUGH THE BUDGET TO AND THERE 2294 01:20:32,227 --> 01:20:34,563 WERE A LOT OF VACANT VACANCIES 2295 01:20:34,563 --> 01:20:36,031 THAT GOT CUT, BUT WE DON'T KNOW 2296 01:20:36,031 --> 01:20:38,300 HOW LONG THOSE THINGS WERE 2297 01:20:38,300 --> 01:20:39,601 ACTUALLY VACANT. HAVING BEEN AT 2298 01:20:39,601 --> 01:20:40,802 THE CITY FOR A LONG TIME, I KNOW 2299 01:20:40,802 --> 01:20:43,038 SOME THINGS ARE VACANT FOR MANY 2300 01:20:43,038 --> 01:20:44,606 YEARS AND SOME AREN'T, AND SO 2301 01:20:44,606 --> 01:20:46,541 IT'S A MIXTURE OF THINGS, I 2302 01:20:46,541 --> 01:20:48,076 THINK. BUT I, FOR THE RECORD, 2303 01:20:48,076 --> 01:20:52,280 WANTED TO MAKE SURE THAT I NOTED 2304 01:20:52,280 --> 01:20:53,815 THESE THINGS THAT TOM WAS 2305 01:20:53,815 --> 01:20:55,217 SAYING. I DO HAVE ONE LAST 2306 01:20:55,217 --> 01:20:58,420 QUESTION, WHICH IS THAT GIVEN 2307 01:20:58,420 --> 01:21:00,388 THE THE INCREASED INFLATIONARY 2308 01:21:00,388 --> 01:21:01,756 INCREASES EVERY YEAR, WE'RE 2309 01:21:01,756 --> 01:21:03,458 GOING TO CONTINUE TO BE IN THIS 2310 01:21:03,458 --> 01:21:05,927 QUOTE, UNQUOTE, DEFICIT 2311 01:21:05,927 --> 01:21:07,829 SITUATION, BECAUSE WE WILL BE 2312 01:21:07,829 --> 01:21:09,898 INCREASING THE BUDGET EVERY YEAR 2313 01:21:09,898 --> 01:21:11,800 BY THAT INFLATIONARY PIECE, 2314 01:21:11,800 --> 01:21:13,168 WHICH IS BASICALLY OUR OUR 2315 01:21:13,168 --> 01:21:17,606 SALARY INCREASES. FOR INSTANCE. 2316 01:21:17,606 --> 01:21:22,811 -- YES. BUT SO THE PROJECTIONS 2317 01:21:22,811 --> 01:21:25,080 THAT THE EXECUTIVE IS MAKING FOR 2318 01:21:25,080 --> 01:21:27,349 29 AND BEYOND, THEY INCLUDE 2319 01:21:27,349 --> 01:21:28,650 ASSUMPTIONS ABOUT INFLATION, 2320 01:21:28,650 --> 01:21:29,885 INCLUDING INCLUDING LABOR COSTS. 2321 01:21:29,885 --> 01:21:32,287 AND SO THAT'S KIND OF PART OF 2322 01:21:32,287 --> 01:21:33,922 THE ASSESSMENT THAT I WAS DOING 2323 01:21:33,922 --> 01:21:35,223 IN THAT STEPWISE ANALYSIS IS 2324 01:21:35,223 --> 01:21:37,359 SAYING LAST TIME THESE 2325 01:21:37,359 --> 01:21:39,394 PROJECTIONS INDICATED COST OF OF 2326 01:21:39,394 --> 01:21:41,630 X. NOW WE'VE GOT MORE RECENT 2327 01:21:41,630 --> 01:21:43,565 INFORMATION. THOSE COSTS HAVE 2328 01:21:43,565 --> 01:21:44,532 INCREASED BY Y. HERE'S THE 2329 01:21:44,532 --> 01:21:46,735 DIFFERENCE. AND SO SOMETHING 2330 01:21:46,735 --> 01:21:48,069 SIMILAR WILL HAPPEN NEXT YEAR. 2331 01:21:48,069 --> 01:21:49,337 WE CONTINUE. WE CONTINUE TO. 2332 01:21:49,337 --> 01:21:50,972 WHAT WAS THE ANALOGY. BUILD THE 2333 01:21:50,972 --> 01:21:52,040 CAR NOT BUILD THE CAR. AS WE 2334 01:21:52,040 --> 01:21:54,309 MOVE, AS WE DRIVE THE CAR. BUT 2335 01:21:54,309 --> 01:21:57,045 SOMETHING SIMILAR. WE'RE. WE'RE 2336 01:21:57,045 --> 01:21:58,947 CONSTANTLY ASSESSING WHERE WE 2337 01:21:58,947 --> 01:22:00,448 ARE PROJECTING THE FUTURE, 2338 01:22:00,448 --> 01:22:00,982 REASSESSING WHERE WE ARE 2339 01:22:00,982 --> 01:22:01,583 LOOKING, WHERE WE, WHERE WE, 2340 01:22:01,583 --> 01:22:03,918 WHERE WE HAVE BEEN. AND. BUT ALL 2341 01:22:03,918 --> 01:22:06,888 THAT TO SAY IS THERE IS 2342 01:22:06,888 --> 01:22:08,490 INFLATION ASSUMED IN IN 29 AND 2343 01:22:08,490 --> 01:22:09,357 BEYOND. 2344 01:22:09,357 --> 01:22:11,293 -- SO YES, THANK YOU TOM. I 2345 01:22:11,293 --> 01:22:15,030 MEANT BEYOND 28 INTO 2930. ET 2346 01:22:15,030 --> 01:22:17,365 CETERA. ET CETERA. IT WILL 2347 01:22:17,365 --> 01:22:19,234 CONTINUE TO INCREASE BASED ON 2348 01:22:19,234 --> 01:22:20,935 INFLATION. AND SO THIS IDEA OF A 2349 01:22:20,935 --> 01:22:23,271 DEFICIT, A LOT OF THE 2350 01:22:23,271 --> 01:22:25,573 EXPLANATION IS THE INFLATIONARY 2351 01:22:25,573 --> 01:22:28,343 PIECE. SO EVEN IF WE KEEP MAKING 2352 01:22:28,343 --> 01:22:29,477 ADJUSTMENTS, WE'RE STILL GOING 2353 01:22:29,477 --> 01:22:31,212 TO HAVE TO DEAL WITH THAT PIECE 2354 01:22:31,212 --> 01:22:33,648 INTO THE FUTURE YEARS. SO WE'RE 2355 01:22:33,648 --> 01:22:36,618 NEVER GOING TO BE IN A DEFICIT 2356 01:22:36,618 --> 01:22:38,086 SITUATION PER SE, BECAUSE WE 2357 01:22:38,086 --> 01:22:39,854 WILL ALWAYS HAVE THAT 2358 01:22:39,854 --> 01:22:41,589 INFLATIONARY PIECE TO HAVE TO 2359 01:22:41,589 --> 01:22:43,525 MANAGE FOR. 2360 01:22:43,525 --> 01:22:50,031 -- IF I COULD, I WOULD SAY IF IF 2361 01:22:50,031 --> 01:22:52,233 THE ACTUAL INFLATION PROJECT, IF 2362 01:22:52,233 --> 01:22:54,703 THE PROJECTIONS THAT GET MADE 2363 01:22:54,703 --> 01:22:56,271 FOR INFLATION NEXT FALL ARE 2364 01:22:56,271 --> 01:22:57,539 HIGHER THAN THE PROJECTIONS THAT 2365 01:22:57,539 --> 01:22:59,374 THEY'RE MAKING NOW, THAT WOULD 2366 01:22:59,374 --> 01:23:01,676 INCREASE THE DEFICIT IF THE 2367 01:23:01,676 --> 01:23:02,677 PROJECTIONS THAT WE MAKE NEXT 2368 01:23:02,677 --> 01:23:03,745 YEAR ARE IN LINE WITH THE 2369 01:23:03,745 --> 01:23:05,180 PROJECTIONS THAT ARE BEING MADE 2370 01:23:05,180 --> 01:23:06,715 NOW, THAT THE NUMBERS THAT YOU 2371 01:23:06,715 --> 01:23:08,116 SEE FOR THE DEFICIT WILL BE WHAT 2372 01:23:08,116 --> 01:23:10,852 THEY WILL BE. I MEAN, BECAUSE 2373 01:23:10,852 --> 01:23:11,519 THAT'S ESSENTIALLY WHAT WHAT WE 2374 01:23:11,519 --> 01:23:12,854 ARE DOING IS WE'RE PROJECTING 2375 01:23:12,854 --> 01:23:13,521 WHAT THE DEFICIT IS GOING TO BE 2376 01:23:13,521 --> 01:23:14,456 IN THE FUTURE BASED ON 2377 01:23:14,456 --> 01:23:15,657 ASSUMPTIONS ABOUT INFLATION, 2378 01:23:15,657 --> 01:23:18,593 BASED ON ASSUMPTIONS ABOUT 2379 01:23:18,593 --> 01:23:19,961 REVENUES. AND AND THOSE WILL 2380 01:23:19,961 --> 01:23:21,796 CHANGE. AND THAT INCLUDES 2381 01:23:21,796 --> 01:23:22,030 BETTER. 2382 01:23:22,030 --> 01:23:23,098 -- SORRY, TOM, I JUST WANT TO 2383 01:23:23,098 --> 01:23:26,501 MAKE SURE I'M UNDERSTANDING TO. 2384 01:23:26,501 --> 01:23:28,136 29 WE WON'T HAVE A DEFICIT 2385 01:23:28,136 --> 01:23:28,770 BASED ON THE INFLATIONARY PIECE 2386 01:23:28,770 --> 01:23:33,241 BECAUSE THAT'S ASSUMED IN THIS. 2387 01:23:33,241 --> 01:23:34,376 2728 BUDGET PROPOSAL. 2388 01:23:34,376 --> 01:23:35,010 -- CORRECT. THERE IS A THERE IS 2389 01:23:35,010 --> 01:23:36,978 AN INFLATION. THERE IS AN 2390 01:23:36,978 --> 01:23:38,246 ASSUMPTION THAT LABOR COSTS ARE 2391 01:23:38,246 --> 01:23:40,281 GOING TO GROW. CONTRACT COSTS 2392 01:23:40,281 --> 01:23:41,683 ARE GOING TO GROW. THE QUESTION 2393 01:23:41,683 --> 01:23:45,920 IS, IS WHAT WHEN WE GET THERE, 2394 01:23:45,920 --> 01:23:46,688 IS THAT NUMBER GOING TO GO UP OR 2395 01:23:46,688 --> 01:23:48,490 IS THAT NUMBER GOING TO GO DOWN? 2396 01:23:48,490 --> 01:23:50,358 IS INFLATION GOING TO BE HIGHER. 2397 01:23:50,358 --> 01:23:51,659 INFLATION GOING TO BE LOWER. AND 2398 01:23:51,659 --> 01:23:53,294 THAT'S GOING TO HAVE AN IMPACT 2399 01:23:53,294 --> 01:23:56,331 ON ON THE PROJECTION. I MEAN 2400 01:23:56,331 --> 01:23:57,399 THAT'S THAT'S ESSENTIALLY A BIG 2401 01:23:57,399 --> 01:23:59,334 CHUNK OF, OF HOW THE 2020 728 2402 01:23:59,334 --> 01:24:01,836 PROPOSED BUDGET WAS RESOLVED IS 2403 01:24:01,836 --> 01:24:04,672 THOSE PROJECTIONS FOR THIS 2404 01:24:04,672 --> 01:24:06,641 CURRENT BIENNIUM CAME IN LOWER. 2405 01:24:06,641 --> 01:24:08,243 AND SO WE WERE ABLE TO REDUCE 2406 01:24:08,243 --> 01:24:09,677 SOME OF THOSE KIND OF BASELINE 2407 01:24:09,677 --> 01:24:12,046 COSTS. AND A LOT OF IT WAS IN, 2408 01:24:12,046 --> 01:24:13,548 IN PLANNING RESERVES AND THINGS 2409 01:24:13,548 --> 01:24:16,151 THAT I DISCUSSED PREVIOUSLY. BUT 2410 01:24:16,151 --> 01:24:16,851 BUT IT'S CONSTANTLY THAT EFFORT. 2411 01:24:16,851 --> 01:24:18,219 AND SOMETIMES IT DOES INCREASE 2412 01:24:18,219 --> 01:24:19,888 THE DEFICIT. BUT THEN IF, IF THE 2413 01:24:19,888 --> 01:24:21,322 REVENUES COME IN HIGHER, THAT 2414 01:24:21,322 --> 01:24:22,824 WILL DECREASE THE DEFICIT 2415 01:24:22,824 --> 01:24:24,759 PROJECTION. SO WE, WE, WE KNOW 2416 01:24:24,759 --> 01:24:26,728 WHAT WE KNOW RIGHT NOW AND MAKE, 2417 01:24:26,728 --> 01:24:29,831 MAKE THE BEST GUESSES AND, AND 2418 01:24:29,831 --> 01:24:32,333 THEN MOVE FORWARD INTO THE 2419 01:24:32,333 --> 01:24:33,735 FUTURE AND CONSTANTLY REASSESS. 2420 01:24:33,735 --> 01:24:35,503 -- BUT THAT'S MORE BASED ON HOW 2421 01:24:35,503 --> 01:24:37,539 MUCH WE'RE BRINGING IN PROBABLY 2422 01:24:37,539 --> 01:24:41,309 THE REVENUE SIDE. CORRECT? 2423 01:24:41,309 --> 01:24:41,810 -- CORRECT. ABSOLUTELY. 2424 01:24:41,810 --> 01:24:43,378 -- OKAY. THANK YOU. THANK YOU. 2425 01:24:43,378 --> 01:24:43,611 CHAIR. 2426 01:24:43,611 --> 01:24:46,047 -- WELL, WELL SAID. VICE CHAIR, 2427 01:24:46,047 --> 01:24:47,148 AND I'LL TEASE THIS OUT JUST A 2428 01:24:47,148 --> 01:24:50,285 LITTLE BIT MORE AND JUST TO 2429 01:24:50,285 --> 01:24:52,087 STATE THAT IF ALL THINGS ARE 2430 01:24:52,087 --> 01:24:54,622 HELD CONSTANT BEYOND WHAT YOU 2431 01:24:54,622 --> 01:24:57,025 ARE STATING ABOUT BUDGET 2432 01:24:57,025 --> 01:24:57,659 INFLATION PROJECTIONS WITHIN THE 2433 01:24:57,659 --> 01:25:00,462 BUDGET, LET'S TAKE THIS ALL OUT 2434 01:25:00,462 --> 01:25:01,529 OF IT. COUNCILMEMBER RIVERA AND 2435 01:25:01,529 --> 01:25:02,497 I SIT ON THE ASSOCIATION OF 2436 01:25:02,497 --> 01:25:03,765 WASHINGTON CITIES BOARD, AND I 2437 01:25:03,765 --> 01:25:05,967 CAN TELL YOU ALL 281 CITIES AND 2438 01:25:05,967 --> 01:25:07,635 TOWNS IN OUR STATE ARE 2439 01:25:07,635 --> 01:25:08,670 EXPERIENCING THIS. AND IT IS IT 2440 01:25:08,670 --> 01:25:12,207 COMES BACK TO THE FACT THAT WE 2441 01:25:12,207 --> 01:25:13,675 ONLY GET 1% PROPERTY TAX 2442 01:25:13,675 --> 01:25:15,810 INCREASE. THAT'S NOT 1% PER 2443 01:25:15,810 --> 01:25:18,847 PROPERTY. THAT'S 1% ACROSS THE 2444 01:25:18,847 --> 01:25:22,684 ENTIRE TAX BASE. IF WE WERE 2445 01:25:22,684 --> 01:25:24,352 PULLING 1% INCREASE FROM EVERY 2446 01:25:24,352 --> 01:25:24,886 SINGLE PROPERTY OWNER IN 2447 01:25:24,886 --> 01:25:28,590 SEATTLE, WE WOULD BE IN A MUCH 2448 01:25:28,590 --> 01:25:29,224 BETTER FINANCIAL POSITION YEAR 2449 01:25:29,224 --> 01:25:31,493 OVER YEAR. BUT WE ARE ONLY 2450 01:25:31,493 --> 01:25:33,761 COLLECTING 1% ON THE ENTIRE TAX 2451 01:25:33,761 --> 01:25:35,763 BASE, PLUS NEW CONSTRUCTION. AS 2452 01:25:35,763 --> 01:25:37,832 YOU KNOW, WHEN KEN JOHNSON CAME 2453 01:25:37,832 --> 01:25:39,601 INTO CHAMBERS EARLIER, I WAS 2454 01:25:39,601 --> 01:25:40,869 JOKING IN A VERY SERIOUS MANNER 2455 01:25:40,869 --> 01:25:41,936 OF HOW DO WE GET THE 2456 01:25:41,936 --> 01:25:43,605 CONSTRUCTION BUDGET GOING AGAIN, 2457 01:25:43,605 --> 01:25:46,207 BECAUSE THAT IS WHAT HELPS US 2458 01:25:46,207 --> 01:25:51,079 ATTEND TO THE ONGOING LACK OF 2459 01:25:51,079 --> 01:25:52,480 REVENUE AND HIGHER EXPENDITURE 2460 01:25:52,480 --> 01:25:54,582 ISSUE THAT WE'RE EXPERIENCING, 2461 01:25:54,582 --> 01:25:56,417 BECAUSE 1% OF OUR ENTIRE TAX 2462 01:25:56,417 --> 01:25:58,386 BASE DOES NOT KEEP UP WITH 2463 01:25:58,386 --> 01:25:59,988 INFLATION. AS IT GOES FARTHER. 2464 01:25:59,988 --> 01:26:00,989 COLLEAGUES, THANK YOU FOR 2465 01:26:00,989 --> 01:26:03,258 LETTING ME SOAPBOX THERE FOR A 2466 01:26:03,258 --> 01:26:04,626 MINUTE. WE HAVE GOT 2467 01:26:04,626 --> 01:26:07,262 COUNCILMEMBER KETTLE FOLLOWED BY 2468 01:26:07,262 --> 01:26:07,695 COUNCILMEMBER LIN. 2469 01:26:07,695 --> 01:26:09,998 -- THANK YOU CHAIR, AND TO MY 2470 01:26:09,998 --> 01:26:11,633 QUESTION OR COMMENT HAS BEEN 2471 01:26:11,633 --> 01:26:14,435 KIND OF USURPED A LITTLE BIT BY 2472 01:26:14,435 --> 01:26:16,204 THE VICE CHAIR, BUT I'LL SAY IT 2473 01:26:16,204 --> 01:26:21,142 ANYWAYS ON SLIDE SEVEN. YOU KNOW 2474 01:26:21,142 --> 01:26:22,410 IN TERMS OF THE CHANGES FROM 2475 01:26:22,410 --> 01:26:24,412 PROJECTIONS AND SO FORTH, AND 2476 01:26:24,412 --> 01:26:26,047 THE KEY TAKEAWAY BOXES, KEY 2477 01:26:26,047 --> 01:26:27,849 TAKEAWAY INFLATIONARY CHANGES TO 2478 01:26:27,849 --> 01:26:30,451 ONGOING COSTS, LOWER PLANNING 2479 01:26:30,451 --> 01:26:31,085 RESERVES, TRANSFER ADJUSTMENTS 2480 01:26:31,085 --> 01:26:33,655 AND HIGHER FORECAST DECREASES 2481 01:26:33,655 --> 01:26:35,990 DEFICIT BY $90.9 MILLION IN 27 2482 01:26:35,990 --> 01:26:42,263 AND 67.2 MILLION IN 28. KIND OF 2483 01:26:42,263 --> 01:26:43,831 ECHOING A BIT, THIS IS A KEY 2484 01:26:43,831 --> 01:26:45,667 CONCERN FOR ME. PLANNING 2485 01:26:45,667 --> 01:26:48,703 ASSUMPTION. AND I SEEN THE FED 2486 01:26:48,703 --> 01:26:49,304 CLEVELAND YOU KNOW REPORT YOU 2487 01:26:49,304 --> 01:26:51,172 KNOW WHAT THEIRS IS. BUT YOU 2488 01:26:51,172 --> 01:26:52,874 KNOW AS WE CAN SEE FROM THE 2489 01:26:52,874 --> 01:26:55,276 NEWS, YOU KNOW, THE STRAIT OF 2490 01:26:55,276 --> 01:26:55,877 HORMUZ NOW THE AND DEB, YOU 2491 01:26:55,877 --> 01:26:57,579 KNOW, WITH WHAT'S HAPPENING WITH 2492 01:26:57,579 --> 01:27:00,848 THE YEMENI CIVIL WAR, WHICH IS 2493 01:27:00,848 --> 01:27:02,116 NOW THE YEMENI SAUDI ARABIA WAR, 2494 01:27:02,116 --> 01:27:02,917 WHICH THEN GOES ON TOP OF THE 2495 01:27:02,917 --> 01:27:06,120 US, ISRAEL, IRAN WAR. OH, BY THE 2496 01:27:06,120 --> 01:27:07,789 WAY, WE STILL HAVE THE UKRAINE, 2497 01:27:07,789 --> 01:27:10,725 WAR IN TERMS OF THE GEOPOLITICAL 2498 01:27:10,725 --> 01:27:12,527 RISK, THE FUEL COSTS, WHICH THEN 2499 01:27:12,527 --> 01:27:13,795 IMPACT EVERYTHING, YOU KNOW, IN 2500 01:27:13,795 --> 01:27:15,330 TERMS OF DELIVERY. SO THEN BAKED 2501 01:27:15,330 --> 01:27:18,766 GOODS, YOU KNOW, EVERYTHING IS 2502 01:27:18,766 --> 01:27:21,302 IMPACTED. AND I THINK IT'S 2503 01:27:21,302 --> 01:27:23,838 PRETTY ROSY. AND THIS GOES FROM, 2504 01:27:23,838 --> 01:27:26,474 YOU KNOW, THE FED OVERALL, FRED 2505 01:27:26,474 --> 01:27:28,109 CLEVELAND, AS I'M SEEING HERE 2506 01:27:28,109 --> 01:27:30,945 ALL THE WAY DOWN TO SEATTLE. I 2507 01:27:30,945 --> 01:27:34,816 THINK IT'S ROSY. WE'LL SEE. 2508 01:27:34,816 --> 01:27:36,684 AND SO THEN IF THEY DO COME IS 2509 01:27:36,684 --> 01:27:38,186 THERE ANYTHING WE CAN DO LIKE IN 2510 01:27:38,186 --> 01:27:40,688 TERMS OF RESERVES TO HEDGE OR TO 2511 01:27:40,688 --> 01:27:43,091 PROTECT OURSELVES IF THAT IF 2512 01:27:43,091 --> 01:27:45,660 THESE INFLATIONARY ASSUMPTIONS 2513 01:27:45,660 --> 01:27:49,364 ARE A BIT TOO ROSY? 2514 01:27:49,364 --> 01:27:50,198 -- WELL, COUNCILMEMBER KETTLE, 2515 01:27:50,198 --> 01:27:53,468 WE DO HAVE REVENUE STABILIZATION 2516 01:27:53,468 --> 01:27:56,037 RESERVE, HOWEVER, THAT'S FOR THE 2517 01:27:56,037 --> 01:27:58,473 EVENT OF REVENUES COMING IN 2518 01:27:58,473 --> 01:28:02,710 BELOW FORECAST. IF COSTS COME IN 2519 01:28:02,710 --> 01:28:05,380 ABOVE FORECAST, WE DO HAVE THE 2520 01:28:05,380 --> 01:28:08,316 EMERGENCY FUND THAT'S AVAILABLE 2521 01:28:08,316 --> 01:28:08,916 FOR UNFORESEEN CIRCUMSTANCES. 2522 01:28:08,916 --> 01:28:11,586 WE'D HAVE TO ASSESS WHETHER OR 2523 01:28:11,586 --> 01:28:13,187 NOT HIGHER INFLATION WOULD MEET 2524 01:28:13,187 --> 01:28:15,723 THAT STANDARD OF UNFORESEEN 2525 01:28:15,723 --> 01:28:16,724 CIRCUMSTANCES OR NOT. IN ORDER 2526 01:28:16,724 --> 01:28:22,263 TO DEPLOY THOSE RESOURCES. BUT 2527 01:28:22,263 --> 01:28:24,165 OTHERWISE IT WOULD BE IF WE SAW, 2528 01:28:24,165 --> 01:28:26,100 SAY, AN INCREASE IN THE REGIONAL 2529 01:28:26,100 --> 01:28:27,568 ECONOMIC FORECAST THAT LED TO 2530 01:28:27,568 --> 01:28:31,339 HIGHER COSTS, WE WOULD SEE 2531 01:28:31,339 --> 01:28:31,939 ADJUSTMENT REQUESTS FROM THE 2532 01:28:31,939 --> 01:28:33,675 EXECUTIVE AND AND REQUIRED 2533 01:28:33,675 --> 01:28:37,345 REQUIRING TO USE MEASURES TO 2534 01:28:37,345 --> 01:28:38,246 ADDRESS THAT IN THE NEAR TERM. 2535 01:28:38,246 --> 01:28:40,281 KIND OF LIKE THE THE OPPOSITE OF 2536 01:28:40,281 --> 01:28:43,651 THE SUPPLEMENTAL BUDGET. 2537 01:28:43,651 --> 01:28:47,822 FRANKLY. 2538 01:28:47,822 --> 01:28:49,424 -- YES. NOT EVEN MENTION FEDERAL 2539 01:28:49,424 --> 01:28:50,358 DEFICIT SPENDING. OUR PRESIDENT 2540 01:28:50,358 --> 01:28:51,893 DOESN'T CARE. HE DOESN'T CARE 2541 01:28:51,893 --> 01:28:53,027 ABOUT ANYTHING. SO HOW MUCH 2542 01:28:53,027 --> 01:28:54,996 MONEY IS WASHING AROUND AMERICA? 2543 01:28:54,996 --> 01:28:59,300 ON TOP OF ALL THE OTHER ISSUES 2544 01:28:59,300 --> 01:29:01,235 I'M JUST STATING, FOR THE 2545 01:29:01,235 --> 01:29:03,171 RECORD, I'M. I FEAR THAT THE 2546 01:29:03,171 --> 01:29:05,039 INFLATION ASSUMPTIONS ARE A BIT 2547 01:29:05,039 --> 01:29:08,876 TOO ROSY. I HOPE I'M WRONG, BUT 2548 01:29:08,876 --> 01:29:12,246 WE'LL SEE. THANK YOU. CHAIR. 2549 01:29:12,246 --> 01:29:12,814 -- THANK YOU, COUNCILMEMBER 2550 01:29:12,814 --> 01:29:14,549 KETTLE COUNCILMEMBER LIN 2551 01:29:14,549 --> 01:29:17,151 -- YEAH, THANK YOU. AND 2552 01:29:17,151 --> 01:29:18,453 COUNCILMEMBER KETTLE, I WAS KIND 2553 01:29:18,453 --> 01:29:19,620 OF HAVE A LITTLE BIT OF A 2554 01:29:19,620 --> 01:29:21,289 RELATED QUESTION JUST ON OUR 2555 01:29:21,289 --> 01:29:22,857 FISCAL RESERVE FUNDS. SO WE HAVE 2556 01:29:22,857 --> 01:29:24,692 OUR EMERGENCY FUND, THE REVENUE 2557 01:29:24,692 --> 01:29:25,693 STABILIZATION FUND, AND THEN A 2558 01:29:25,693 --> 01:29:28,262 JUMP START. I THINK 2559 01:29:28,262 --> 01:29:31,432 STABILIZATION FUND AS WELL. AND 2560 01:29:31,432 --> 01:29:32,233 COULD YOU JUST MY OVERVIEW IS, 2561 01:29:32,233 --> 01:29:33,267 YOU KNOW, WE DIPPED INTO ALL 2562 01:29:33,267 --> 01:29:35,269 THESE DURING DURING COVID AND 2563 01:29:35,269 --> 01:29:36,704 NOW WE'VE BEEN BUILDING THEM 2564 01:29:36,704 --> 01:29:39,741 BACK UP AND DESPITE THE FACT 2565 01:29:39,741 --> 01:29:44,345 THAT WE ARE IN A TOUGH BUDGET, 2566 01:29:44,345 --> 01:29:45,146 IT LOOKS LIKE WE ARE, YOU KNOW, 2567 01:29:45,146 --> 01:29:47,882 AT LEAST THE PROPOSAL HAS US 2568 01:29:47,882 --> 01:29:50,051 MAINTAINING THESE RESERVES. 2569 01:29:50,051 --> 01:29:51,719 COULD YOU JUST TALK IN GENERAL 2570 01:29:51,719 --> 01:29:54,722 ABOUT HOW ARE YOU DOING IN OUR 2571 01:29:54,722 --> 01:29:58,760 RESERVES? AND ANY, YOU KNOW, HOW 2572 01:29:58,760 --> 01:30:00,762 WE MIGHT COMPARE TO, TO OTHER 2573 01:30:00,762 --> 01:30:02,864 JURISDICTIONS IN TERMS OF OUR 2574 01:30:02,864 --> 01:30:04,766 OUR RESERVE FUNDS 2575 01:30:04,766 --> 01:30:08,469 -- YES. COUNCILMEMBER LIN. SO. 2576 01:30:08,469 --> 01:30:11,339 BOTH OF OUR RESERVES. SO WE WE 2577 01:30:11,339 --> 01:30:13,274 HAVE THE EMERGENCY FUND, WHICH 2578 01:30:13,274 --> 01:30:16,077 IS A POLICY REQUIREMENT OF $60 2579 01:30:16,077 --> 01:30:20,782 MILLION IN 2020 AND 2016 LEVELS 2580 01:30:20,782 --> 01:30:21,282 JUST INFLATED BY ANNUAL 2581 01:30:21,282 --> 01:30:23,951 INFLATION. AND THAT CONSISTENT 2582 01:30:23,951 --> 01:30:25,420 WITH YOUR WITH YOUR READ THAT 2583 01:30:25,420 --> 01:30:30,425 WAS HEAVILY USED IN THE COVID 19 2584 01:30:30,425 --> 01:30:31,692 PANDEMIC RESPONSE. SINCE THEN, 2585 01:30:31,692 --> 01:30:33,027 WITH A WITH A CONSISTENT 2586 01:30:33,027 --> 01:30:34,195 REPLENISHMENT, IT'S UP TO IT'S 2587 01:30:34,195 --> 01:30:36,931 BACK UP TO 100% POLICY. AND NOW 2588 01:30:36,931 --> 01:30:38,866 THE TRANSFERS IN THE BUDGET 2589 01:30:38,866 --> 01:30:40,535 CONTINUED AT THAT POLICY LEVEL 2590 01:30:40,535 --> 01:30:44,539 OF $92 MILLION. SO THAT'S 2591 01:30:44,539 --> 01:30:45,873 THAT'S AVAILABLE AT THE POLICY 2592 01:30:45,873 --> 01:30:48,075 LEVEL. THE REVENUE STABILIZATION 2593 01:30:48,075 --> 01:30:49,777 RESERVE THAT WAS USED INITIALLY 2594 01:30:49,777 --> 01:30:51,412 IN COVID, BUT THEN IT WAS 2595 01:30:51,412 --> 01:30:53,881 IMMEDIATELY REPLENISHED WITH 2596 01:30:53,881 --> 01:30:55,416 SOME GOOD FAVORABLE REVENUES AND 2597 01:30:55,416 --> 01:30:56,651 HAS JUST BEEN WE'VE BEEN KEEPING 2598 01:30:56,651 --> 01:30:59,620 IT AT POLICY, WHICH IS 5% OF 2599 01:30:59,620 --> 01:31:00,888 GENERAL FUND REVENUE, GENERAL 2600 01:31:00,888 --> 01:31:04,625 FUND TAX REVENUES, AND IT STANDS 2601 01:31:04,625 --> 01:31:07,161 AT $82 MILLION. I DON'T HAVE A 2602 01:31:07,161 --> 01:31:08,329 GREAT, GREAT RESPONSE WITHOUT 2603 01:31:08,329 --> 01:31:09,797 SOME KIND OF FURTHER CHECK BACK 2604 01:31:09,797 --> 01:31:13,734 WITH THE WITH THE EXECUTIVE ON 2605 01:31:13,734 --> 01:31:15,436 HOW THESE RESERVE BALANCES 2606 01:31:15,436 --> 01:31:16,971 COMPARE AS A PERCENTAGE OF KIND 2607 01:31:16,971 --> 01:31:18,840 OF THE EXPENSES THAT THEY'RE 2608 01:31:18,840 --> 01:31:20,541 INTENDED TO KIND OF PROTECT 2609 01:31:20,541 --> 01:31:21,442 AGAINST. WE HAVE TO DO A LITTLE 2610 01:31:21,442 --> 01:31:22,710 BIT MORE RESEARCH TO GET A GOOD 2611 01:31:22,710 --> 01:31:24,111 BENCHMARK RATE. I MEAN, I, I 2612 01:31:24,111 --> 01:31:25,379 HAVE NUMBERS THAT FLOAT AROUND 2613 01:31:25,379 --> 01:31:26,614 IN MY HEAD FROM OTHER CITIES 2614 01:31:26,614 --> 01:31:27,615 THAT I'VE WORKED AT, BUT 2615 01:31:27,615 --> 01:31:30,251 THAT'S NOT GOING TO BE REAL. A 2616 01:31:30,251 --> 01:31:31,886 REAL GREAT COMPARISON GROUP 2617 01:31:31,886 --> 01:31:33,387 PERHAPS. SO WE CAN FOLLOW UP 2618 01:31:33,387 --> 01:31:35,857 WITH THAT INFORMATION. THE 2619 01:31:35,857 --> 01:31:38,192 REVENUE STABILIZATION ACCOUNT IN 2620 01:31:38,192 --> 01:31:40,361 THE JUMPSTART FUND, SO THAT HAS 2621 01:31:40,361 --> 01:31:43,598 A FOUR YEAR REPLENISHMENT 2622 01:31:43,598 --> 01:31:46,067 CADENCE AND THE BUDGET, THE 2623 01:31:46,067 --> 01:31:47,268 PROPOSED BUDGET IS YEARS TWO AND 2624 01:31:47,268 --> 01:31:47,969 THREE OF THAT. SO THAT'S 2625 01:31:47,969 --> 01:31:50,605 SUPPOSED TO BE 10% OF JUMPSTART 2626 01:31:50,605 --> 01:31:52,540 OUR OF OF PAYROLL EXPENSE TAXES 2627 01:31:52,540 --> 01:31:54,542 THAT ARE DEPOSITED INTO THE 2628 01:31:54,542 --> 01:31:55,710 JUMPSTART FUND. IT'S A HIGHER, 2629 01:31:55,710 --> 01:31:58,813 IT'S ACTUALLY HIGHER 10% THAN 2630 01:31:58,813 --> 01:32:00,481 WE USE FOR THE GENERAL FUND WRIT 2631 01:32:00,481 --> 01:32:02,984 LARGE. THOSE TAXES THAT REVENUE 2632 01:32:02,984 --> 01:32:04,886 STABILIZATION FUND IS 5%. SO WE 2633 01:32:04,886 --> 01:32:06,387 ACKNOWLEDGE THAT THE JUMPSTART 2634 01:32:06,387 --> 01:32:07,421 PAYROLL EXPENSE TAX IS MORE 2635 01:32:07,421 --> 01:32:10,324 VOLATILE. AND WE USE A 10% 2636 01:32:10,324 --> 01:32:11,959 MEASURE THERE. I BELIEVE. AND 2637 01:32:11,959 --> 01:32:13,895 ACTUALLY THAT'S IN A FUTURE 2638 01:32:13,895 --> 01:32:15,663 SLIDE HERE OF MY PRESENTATION. I 2639 01:32:15,663 --> 01:32:19,200 BELIEVE IT GETS TO APPROXIMATELY 2640 01:32:19,200 --> 01:32:23,905 $20 MILLION IN 27. AND SOMEWHERE 2641 01:32:23,905 --> 01:32:25,706 BETWEEN THAT AND $42 MILLION IN 2642 01:32:25,706 --> 01:32:26,541 2028. SO AGAIN, TWO YEARS, TWO 2643 01:32:26,541 --> 01:32:28,743 AND THREE OF THE OF THE FOUR 2644 01:32:28,743 --> 01:32:30,511 YEAR REPLENISHMENT CYCLE. THANK 2645 01:32:30,511 --> 01:32:34,849 YOU. AND THAT IS JUST KIND OF, 2646 01:32:34,849 --> 01:32:36,851 AGAIN, TO HELP HELP US BE READY 2647 01:32:36,851 --> 01:32:40,087 FOR IF THE JUMPSTART PAYROLL 2648 01:32:40,087 --> 01:32:41,422 EXPENSE TAX TAKES A UNEXPECTED 2649 01:32:41,422 --> 01:32:41,622 DIP. 2650 01:32:41,622 --> 01:32:43,324 -- THANK YOU. AND WELL SAID, 2651 01:32:43,324 --> 01:32:44,392 COUNCILMEMBER LIN, I'M GOING TO 2652 01:32:44,392 --> 01:32:45,860 TEASE THIS ONE OUT A LITTLE 2653 01:32:45,860 --> 01:32:48,496 FURTHER BECAUSE THOSE ARE OUR 2654 01:32:48,496 --> 01:32:50,598 LEGISLATIVELY REQUIRED RESERVES. 2655 01:32:50,598 --> 01:32:53,534 ON TOP OF THAT, WE HAVE ALSO THE 2656 01:32:53,534 --> 01:32:56,070 COC RESERVES, WHICH ARE 2657 01:32:56,070 --> 01:32:58,306 DIFFERENT THAN OUR FEDERAL 2658 01:32:58,306 --> 01:33:02,910 RESERVES. AND SO IN WHEN WE HAD 2659 01:33:02,910 --> 01:33:05,613 THE SNAP EMERGENCY, WHERE THE 2660 01:33:05,613 --> 01:33:07,481 PRESIDENT CUT SNAP FUNDING, WE 2661 01:33:07,481 --> 01:33:08,616 WERE SPENDING $1 MILLION A WEEK 2662 01:33:08,616 --> 01:33:10,151 ON FOOD. THAT IS WHAT THE 2663 01:33:10,151 --> 01:33:14,288 FEDERAL RESERVE IS FOR, FOR THE 2664 01:33:14,288 --> 01:33:16,791 UNFORESEEN CONSEQUENCES OF THE 2665 01:33:16,791 --> 01:33:17,358 FEDERAL ADMINISTRATION. IN 2666 01:33:17,358 --> 01:33:19,627 ADDITION TO THAT, THEY HAVE BEEN 2667 01:33:19,627 --> 01:33:21,896 ALREADY MAKING CUTS TO HOUSING, 2668 01:33:21,896 --> 01:33:24,665 PERMANENT SUPPORTIVE HOUSING, 2669 01:33:24,665 --> 01:33:27,201 ANY TYPE OF SUPPORTED HOUSING 2670 01:33:27,201 --> 01:33:28,669 AND OUR HOUSING PROVIDERS THAT 2671 01:33:28,669 --> 01:33:29,437 WE RELY ON HERE ARE RELYING ON 2672 01:33:29,437 --> 01:33:31,405 THOSE FUNDS. AND THAT IS WHAT 2673 01:33:31,405 --> 01:33:35,409 THE COC RESERVES ARE. THOSE ARE 2674 01:33:35,409 --> 01:33:38,012 TWO DISTINCT RESERVE FUNDS THAT 2675 01:33:38,012 --> 01:33:39,213 HAVE DIFFERENT PURPOSES. I KNOW 2676 01:33:39,213 --> 01:33:40,681 THAT THERE HAS BEEN A LITTLE BIT 2677 01:33:40,681 --> 01:33:41,315 OF CONFLATION IN THE PAST, AND 2678 01:33:41,315 --> 01:33:44,418 SO I'M JUST HERE CLEARLY STATING 2679 01:33:44,418 --> 01:33:45,987 THAT THEY ARE DIFFERENT. AND SO 2680 01:33:45,987 --> 01:33:47,688 OF ALL OF THESE, WE HAVE THE 2681 01:33:47,688 --> 01:33:51,626 EMERGENCY FUND, THE RAINY DAY 2682 01:33:51,626 --> 01:33:53,394 FUND, WE HAVE THE JUMPSTART 2683 01:33:53,394 --> 01:33:55,029 RESERVES, WE HAVE THE C O C 2684 01:33:55,029 --> 01:33:56,497 RESERVES AND THE FEDERAL 2685 01:33:56,497 --> 01:33:58,065 RESERVES. WE HAVE A COUPLE OTHER 2686 01:33:58,065 --> 01:33:59,667 RESERVES, BUT THOSE ARE THE MAIN 2687 01:33:59,667 --> 01:34:02,136 FIVE. IS THAT CORRECT, TOM? 2688 01:34:02,136 --> 01:34:02,436 -- CORRECT. 2689 01:34:02,436 --> 01:34:04,605 -- AND SO THESE ARE ALL AT HIGH 2690 01:34:04,605 --> 01:34:06,841 LEVELS OF REPLENISHMENT AT THIS 2691 01:34:06,841 --> 01:34:11,212 TIME. EVEN THOUGH WE ARE STILL 2692 01:34:11,212 --> 01:34:11,779 EXPERIENCING THE DOWNSTREAM 2693 01:34:11,779 --> 01:34:13,948 ECONOMIC IMPACTS OF THE COVID 19 2694 01:34:13,948 --> 01:34:17,551 PANDEMIC. AND THEN FOLLOWING 2695 01:34:17,551 --> 01:34:18,152 ECONOMIC SLOWDOWN, RECESSION, 2696 01:34:18,152 --> 01:34:20,488 HOWEVER YOU WANT TO CALL IT. 2697 01:34:20,488 --> 01:34:21,989 THANK YOU FOR LETTING ME ADD ON 2698 01:34:21,989 --> 01:34:25,092 THERE. COUNCILMEMBER LIN 2699 01:34:25,092 --> 01:34:25,559 COUNCILMEMBER FOSTER. 2700 01:34:25,559 --> 01:34:27,662 -- THANK YOU SO MUCH. I REALLY 2701 01:34:27,662 --> 01:34:28,229 APPRECIATE THE PRESENTATION 2702 01:34:28,229 --> 01:34:33,968 TODAY. AS ALWAYS, I WANT TO TURN 2703 01:34:33,968 --> 01:34:34,602 TO SLIDE 14 AND JUST WANT TO 2704 01:34:34,602 --> 01:34:37,371 MAKE SURE THAT I'M CLEAR ON THE 2705 01:34:37,371 --> 01:34:38,606 HOMELESSNESS FUND SWAP AND THE 2706 01:34:38,606 --> 01:34:40,908 TIMELINE FOR THAT. SO MY 2707 01:34:40,908 --> 01:34:43,844 UNDERSTANDING IS, IN THE CURRENT 2708 01:34:43,844 --> 01:34:44,945 BUDGET PROPOSAL THAT FUNDS SWAP 2709 01:34:44,945 --> 01:34:47,281 BETWEEN THE GENERAL FUND AND 2710 01:34:47,281 --> 01:34:48,582 JUMPSTART IS FOR 2027 AND 2028. 2711 01:34:48,582 --> 01:34:52,253 AND THEN IN 2029, THIS GOES BACK 2712 01:34:52,253 --> 01:34:54,321 TO THE GENERAL FUND. IS THAT 2713 01:34:54,321 --> 01:34:54,588 CORRECT? 2714 01:34:54,588 --> 01:34:57,258 -- THAT'S CORRECT. AND AGAIN, I 2715 01:34:57,258 --> 01:34:58,392 AS I MENTIONED EARLIER, THAT'S 2716 01:34:58,392 --> 01:35:00,461 JUST KIND OF A PLANNING 2717 01:35:00,461 --> 01:35:01,128 ASSUMPTION THAT THEY'RE MAKING 2718 01:35:01,128 --> 01:35:03,764 KIND OF MEET THE BALANCING 2719 01:35:03,764 --> 01:35:05,566 STANDARD FROM SEATTLE SHIELD 2720 01:35:05,566 --> 01:35:07,268 BILL. BUT YES, THAT'S ACCURATE. 2721 01:35:07,268 --> 01:35:07,835 -- OKAY. AND THEN THE OTHER 2722 01:35:07,835 --> 01:35:08,769 QUESTION I JUST, IF YOU CAN 2723 01:35:08,769 --> 01:35:10,104 REMIND ME AND I KNOW WE'RE GOING 2724 01:35:10,104 --> 01:35:11,972 TO GO INTO JUMPSTART HERE IN A 2725 01:35:11,972 --> 01:35:14,208 SECOND, WHEN IS JUMPSTART SLATED 2726 01:35:14,208 --> 01:35:18,913 FOR RENEWAL 2727 01:35:18,913 --> 01:35:19,513 -- JUMPSTART SUNSETS DECEMBER 2728 01:35:19,513 --> 01:35:21,048 31st, 2040. 2729 01:35:21,048 --> 01:35:21,882 -- OKAY. THANK YOU SO MUCH. I 2730 01:35:21,882 --> 01:35:23,184 JUST WANTED TO THINK ABOUT THAT 2731 01:35:23,184 --> 01:35:24,552 AS WE'RE SORT OF FORECASTING 2732 01:35:24,552 --> 01:35:25,219 AHEAD WHEN WE GET A POSITIVE 2733 01:35:25,219 --> 01:35:27,488 FUND BALANCE, BUT ALSO JUST 2734 01:35:27,488 --> 01:35:28,622 SOMETHING THAT IS ON MY MIND IS 2735 01:35:28,622 --> 01:35:29,757 WE WOULD BE, YOU KNOW, WE 2736 01:35:29,757 --> 01:35:31,525 WOULDN'T HAVE THE FLEXIBILITY 2737 01:35:31,525 --> 01:35:33,861 TO MAKE THIS $47 MILLION SHIFT 2738 01:35:33,861 --> 01:35:36,797 IF WE DIDN'T HAVE JUMPSTART. WE 2739 01:35:36,797 --> 01:35:38,866 WOULD BE LOOKING AT ANOTHER $47 2740 01:35:38,866 --> 01:35:40,234 MILLION REDUCTION OVERALL. IF WE 2741 01:35:40,234 --> 01:35:41,435 DIDN'T HAVE THE ABILITY TO MOVE 2742 01:35:41,435 --> 01:35:42,770 FROM GENERAL FUND OVER TO 2743 01:35:42,770 --> 01:35:46,474 JUMPSTART, IS THAT ACCURATE 2744 01:35:46,474 --> 01:35:48,342 -- IT'S ABSOLUTELY ACCURATE. IN 2745 01:35:48,342 --> 01:35:49,877 REGARDS TO THE FACT THAT 2746 01:35:49,877 --> 01:35:51,946 JUMPSTART IS ANOTHER GENERAL 2747 01:35:51,946 --> 01:35:54,081 PURPOSE REVENUE SOURCE THAT AND 2748 01:35:54,081 --> 01:35:54,715 WE CAN COVER HERE ON A FEW OF 2749 01:35:54,715 --> 01:35:56,383 THESE SLIDES. THERE'S, YOU KNOW, 2750 01:35:56,383 --> 01:35:57,017 SOME SOME MOVES THAT ARE BEING 2751 01:35:57,017 --> 01:35:57,818 MADE IN THE BUDGET TO FREE UP 2752 01:35:57,818 --> 01:36:00,254 THAT CASH TO ALLOW THAT TO 2753 01:36:00,254 --> 01:36:00,488 HAPPEN. 2754 01:36:00,488 --> 01:36:01,422 -- THANK YOU. AND THEN ONE 2755 01:36:01,422 --> 01:36:03,491 QUESTION, JUST BECAUSE I WASN'T, 2756 01:36:03,491 --> 01:36:05,292 I WANTED TO MAKE SURE I HAVE AN 2757 01:36:05,292 --> 01:36:07,628 UNDERSTANDING OF THE NEW 2758 01:36:07,628 --> 01:36:08,462 FORECASTING PRACTICES AS YOU 2759 01:36:08,462 --> 01:36:10,164 DESCRIBE THEM IN THE BEGINNING. 2760 01:36:10,164 --> 01:36:12,299 SO WE'VE NOW GOT THE PROJECTION 2761 01:36:12,299 --> 01:36:15,703 OUT INTO 2030, AND THEN ONGOING. 2762 01:36:15,703 --> 01:36:17,905 WILL WE BE EXPECTING THAT FUTURE 2763 01:36:17,905 --> 01:36:19,740 BUDGETS DELIVERED BY THE MAYOR 2764 01:36:19,740 --> 01:36:22,343 WILL HAVE THE SAME FORECAST OUT 2765 01:36:22,343 --> 01:36:23,410 FIVE YEARS INTO THE FUTURE. 2766 01:36:23,410 --> 01:36:24,879 THAT'S NOW OUR SORT OF CURRENT 2767 01:36:24,879 --> 01:36:26,247 STANDARD PRACTICE. OR IS THAT 2768 01:36:26,247 --> 01:36:27,281 JUST STANDARD PRACTICE? SO LONG 2769 01:36:27,281 --> 01:36:28,549 AS WE HAVE THE THE BE NO CHANGE 2770 01:36:28,549 --> 01:36:30,217 ON THE BOOKS. 2771 01:36:30,217 --> 01:36:31,786 -- COUNCILMEMBER FOSTER THAT'S A 2772 01:36:31,786 --> 01:36:35,422 GREAT QUESTION. SO THE, THE, THE 2773 01:36:35,422 --> 01:36:36,991 STANDARD OF PRACTICE OF DOING A 2774 01:36:36,991 --> 01:36:40,294 SIX YEAR FINANCIAL PLAN HAS BEEN 2775 01:36:40,294 --> 01:36:41,295 KIND OF COMMONPLACE AT THE CITY. 2776 01:36:41,295 --> 01:36:44,064 IT WAS MEMORIALIZED IN A PART OF 2777 01:36:44,064 --> 01:36:46,867 BUDGET REFORM MEASURES. 2 OR 3 2778 01:36:46,867 --> 01:36:48,435 YEARS AGO WITH THE FISCAL 2779 01:36:48,435 --> 01:36:50,437 TRANSPARENCY PROGRAM. SO THAT 2780 01:36:50,437 --> 01:36:51,338 REQUIRES A FINANCIAL PLAN FORMAT 2781 01:36:51,338 --> 01:36:52,873 THAT INCLUDES A VERY, YOU KNOW, 2782 01:36:52,873 --> 01:36:53,507 STANDARD ASSUMPTIONS AND THINGS 2783 01:36:53,507 --> 01:36:58,646 OF THAT NATURE. UP UNTIL THIS 2784 01:36:58,646 --> 01:37:00,881 BUDGET, SINCE COVID, THE THOSE 2785 01:37:00,881 --> 01:37:02,750 FINANCIAL PLANS WERE SHOWING 2786 01:37:02,750 --> 01:37:04,652 LARGE, SIGNIFICANT GENERAL FUND 2787 01:37:04,652 --> 01:37:06,854 DEFICITS IN THE FUTURE. SO AFTER 2788 01:37:06,854 --> 01:37:08,389 THE AFTER THE, THE, THE BUDGET, 2789 01:37:08,389 --> 01:37:10,024 THE OUT YEARS WERE WERE HEAVILY 2790 01:37:10,024 --> 01:37:12,927 IN THE RED. THE SEATTLE SHIELD 2791 01:37:12,927 --> 01:37:15,362 BILL LAST YEAR IS WHAT PUT IN 2792 01:37:15,362 --> 01:37:16,964 PLACE THAT STANDARD TO SAY, IF 2793 01:37:16,964 --> 01:37:18,098 YOU'RE GOING TO USE THE NEW 2794 01:37:18,098 --> 01:37:20,868 REVENUE FROM THE TAX CHANGES 2795 01:37:20,868 --> 01:37:22,136 SHOW HOW THE FINANCIAL PLAN IS 2796 01:37:22,136 --> 01:37:24,338 BALANCED IN THE FUTURE. SO. BUT 2797 01:37:24,338 --> 01:37:27,007 THAT WAS ONLY A SINGLE YEAR 2798 01:37:27,007 --> 01:37:27,541 REQUIREMENT FOR THE 2027 2799 01:37:27,541 --> 01:37:31,712 PROPOSED BUDGET. SO NEXT YEAR 2800 01:37:31,712 --> 01:37:33,480 AND BEYOND, THERE'S NOT A 2801 01:37:33,480 --> 01:37:34,882 REQUIREMENT TO SHOW OUTSIDE THE 2802 01:37:34,882 --> 01:37:36,317 PROPOSED BUDGET THAT THE THAT 2803 01:37:36,317 --> 01:37:37,484 THE FINANCIAL PLAN IS BALANCED. 2804 01:37:37,484 --> 01:37:39,086 -- THANK YOU FOR THAT, AND I 2805 01:37:39,086 --> 01:37:41,155 APPRECIATE THE CLARIFICATION ON 2806 01:37:41,155 --> 01:37:42,056 THE OUTLOOK VERSUS THE BALANCING 2807 01:37:42,056 --> 01:37:43,057 IN THE OUTLOOK. THANK YOU. THANK 2808 01:37:43,057 --> 01:37:44,959 YOU, CHAIR. 2809 01:37:44,959 --> 01:37:45,526 -- THANK YOU, COUNCILMEMBER 2810 01:37:45,526 --> 01:37:46,393 FOSTER COLLEAGUES, ANY OTHER 2811 01:37:46,393 --> 01:37:47,628 QUESTIONS ON GENERAL FUND? 2812 01:37:47,628 --> 01:37:48,796 OTHERWISE, WE'RE GOING TO KEEP 2813 01:37:48,796 --> 01:37:51,632 ROLLING INTO JUMP START. 2814 01:37:51,632 --> 01:37:52,566 WONDERFUL. RIGHT BACK TO YOU, 2815 01:37:52,566 --> 01:37:55,169 TOM. LET'S TAKE US THROUGH JUMP 2816 01:37:55,169 --> 01:37:55,402 START. 2817 01:37:55,402 --> 01:37:56,871 -- THANK YOU. CHAIR. SO THIS IS 2818 01:37:56,871 --> 01:37:58,839 A KIND OF A TRUNCATED VERSION OF 2819 01:37:58,839 --> 01:38:00,574 WHAT WE DID WITH THE JUMPSTART 2820 01:38:00,574 --> 01:38:01,842 FUND. I'M JUST GOING TO START 2821 01:38:01,842 --> 01:38:04,311 REAL QUICK BECAUSE IT'S IT'S 2822 01:38:04,311 --> 01:38:05,312 SIMILARLY IMPORTANT FOR THIS 2823 01:38:05,312 --> 01:38:06,013 FUND AS IT IS THE GENERAL FUND. 2824 01:38:06,013 --> 01:38:09,083 HOW THE 2026 CHANGES, BOTH THOSE 2825 01:38:09,083 --> 01:38:10,551 THAT HAVE BEEN ADOPTED BY 2826 01:38:10,551 --> 01:38:12,119 COUNCIL AND THOSE THAT HAVE BEEN 2827 01:38:12,119 --> 01:38:13,520 PROPOSED WITH THE BALANCE WITH 2828 01:38:13,520 --> 01:38:15,356 THE MAYOR'S PROPOSED BUDGET, 2829 01:38:15,356 --> 01:38:17,258 HOW THOSE ALL GENERATE CASH 2830 01:38:17,258 --> 01:38:19,059 THAT'S USED IN THE FINANCIAL 2831 01:38:19,059 --> 01:38:19,894 PLAN, IN THE BUDGET AND THE 2832 01:38:19,894 --> 01:38:23,797 FINANCIAL PLAN. SO IN THE 2026 2833 01:38:23,797 --> 01:38:25,332 ADOPTED BUDGET, IT WAS ASSUMED 2834 01:38:25,332 --> 01:38:26,033 TO BE ZERO UNRESERVED FUND 2835 01:38:26,033 --> 01:38:28,002 BALANCE. SO ZERO EXCESS CASH 2836 01:38:28,002 --> 01:38:30,871 THAT HADN'T BEEN PROGRAMED THE 2837 01:38:30,871 --> 01:38:32,473 2025 YEAR END RECONCILIATION. 2838 01:38:32,473 --> 01:38:37,244 AND THIS IS KIND OF A A SIMILAR 2839 01:38:37,244 --> 01:38:40,447 TREND OF PAST, PAST 2840 01:38:40,447 --> 01:38:44,752 RECONCILIATIONS, REVENUES ABOVE 2841 01:38:44,752 --> 01:38:45,352 FORECASTS, EXPENDITURES BELOW 2842 01:38:45,352 --> 01:38:46,520 BUDGET CAME IN WITH TO GENERATE 2843 01:38:46,520 --> 01:38:52,359 AN ADDITIONAL $337 MILLION $337 2844 01:38:52,359 --> 01:38:55,362 MILLION OF EXTRA RESOURCE TO 2845 01:38:55,362 --> 01:38:59,433 KIND OF ADD INTO THAT 2026 2846 01:38:59,433 --> 01:39:01,568 BUDGET. A FAIR CHUNK OF IT WAS 2847 01:39:01,568 --> 01:39:04,605 ACTUALLY REPURPOSED BY WAY OF 2848 01:39:04,605 --> 01:39:07,041 APPROPRIATED CARRYFORWARDS THAT 2849 01:39:07,041 --> 01:39:08,509 WERE ADOPTED BY COUNCIL EARLIER 2850 01:39:08,509 --> 01:39:10,678 THIS YEAR. $304 MILLION TO BE 2851 01:39:10,678 --> 01:39:11,612 EXACT. SO THAT KIND OF USED UP A 2852 01:39:11,612 --> 01:39:12,613 LOT OF THAT. AND THAT'S JUST HOW 2853 01:39:12,613 --> 01:39:13,747 THE WAY IT WORKS. THE EXCESS 2854 01:39:13,747 --> 01:39:17,851 CASH HAS GAINS FROM THE OR HAS 2855 01:39:17,851 --> 01:39:18,619 KIND OF CHECKS WRITTEN AGAINST 2856 01:39:18,619 --> 01:39:20,054 IT FROM THE PRIOR YEAR. AND 2857 01:39:20,054 --> 01:39:21,322 COUNCIL JUST ASSESSES WHETHER OR 2858 01:39:21,322 --> 01:39:23,157 NOT TO RE-UP THOSE CHECKS OR 2859 01:39:23,157 --> 01:39:24,258 NOT. AND THAT'S WHAT HAPPENED IN 2860 01:39:24,258 --> 01:39:27,194 THIS CASE. REVENUE FORECAST FROM 2861 01:39:27,194 --> 01:39:29,530 AUGUST ONLY ADDED ABOUT $2 2862 01:39:29,530 --> 01:39:31,865 MILLION OF FAVORABLE NEWS FOR 2863 01:39:31,865 --> 01:39:34,001 2026. BUT BUT IT IS STILL 2864 01:39:34,001 --> 01:39:36,637 FAVORABLE IN THE PLUS COLUMN. 2865 01:39:36,637 --> 01:39:38,772 AND THEN FINALLY, THE PROPOSED 2866 01:39:38,772 --> 01:39:39,406 ADJUSTMENTS THAT ARE BEFORE YOU 2867 01:39:39,406 --> 01:39:40,741 WITH THE MAYOR'S BUDGET, AND 2868 01:39:40,741 --> 01:39:43,811 PARTICULARLY IN THE YEAR END 2869 01:39:43,811 --> 01:39:45,879 SUPPLEMENTAL, WOULD REDUCE OR 2870 01:39:45,879 --> 01:39:46,480 REDUCE APPROPRIATIONS IN THE 2871 01:39:46,480 --> 01:39:48,649 JUMPSTART FUND BY $66 MILLION. I 2872 01:39:48,649 --> 01:39:51,118 BELIEVE THIS IS TOUCHED ON IN 2873 01:39:51,118 --> 01:39:54,288 SOME BIT IN THE. OFFICE OF 2874 01:39:54,288 --> 01:39:55,556 HOUSING PAPER GIVEN TO HOW 2875 01:39:55,556 --> 01:39:57,324 THEY'RE THEY'RE THEY'RE 2876 01:39:57,324 --> 01:39:59,026 REVISING THE WAY THEY MANAGE THE 2877 01:39:59,026 --> 01:40:02,529 CASH, PARTICULARLY THOSE 2878 01:40:02,529 --> 01:40:03,564 COMMITMENTS TOWARDS TOWARDS 2879 01:40:03,564 --> 01:40:05,599 HOUSING IN THE NOFA. BASICALLY, 2880 01:40:05,599 --> 01:40:07,334 THERE WAS A LARGE BALANCE OF 2881 01:40:07,334 --> 01:40:08,502 CASH. THEY'RE TRYING TO A NEW 2882 01:40:08,502 --> 01:40:10,137 CASH MANAGEMENT STRATEGY. AND BY 2883 01:40:10,137 --> 01:40:11,338 WAY OF THAT STRATEGY, AND AGAIN, 2884 01:40:11,338 --> 01:40:13,474 THERE WILL BE A BETTER 2885 01:40:13,474 --> 01:40:14,508 DISCUSSION OF THIS IN THE OFFICE 2886 01:40:14,508 --> 01:40:18,212 OF HOUSING PRESENTATION. BUT 2887 01:40:18,212 --> 01:40:19,413 ESSENTIALLY KIND OF SAYS WE'RE 2888 01:40:19,413 --> 01:40:20,180 NOT GOING TO USE THE CASH IN 2889 01:40:20,180 --> 01:40:21,715 THIS YEAR. WE'RE GOING TO CLOSE 2890 01:40:21,715 --> 01:40:23,283 THAT TO BALANCE AND THEN USE IT 2891 01:40:23,283 --> 01:40:25,252 AS PART OF THE PLAN TO BALANCE 2892 01:40:25,252 --> 01:40:26,787 OUT THE THE JUMPSTART FUND. AND 2893 01:40:26,787 --> 01:40:28,021 THAT'S AND THAT'S WHAT HAPPENS, 2894 01:40:28,021 --> 01:40:29,523 AS YOU'LL SEE IN THE NEXT FEW 2895 01:40:29,523 --> 01:40:31,558 SLIDES. SO BUT BASICALLY 2896 01:40:31,558 --> 01:40:33,160 WRAPPING UP ALL OF THE 26 2897 01:40:33,160 --> 01:40:35,596 CHANGES, THE, THE, THE GOOD NEWS 2898 01:40:35,596 --> 01:40:36,530 FROM THE END OF 25 AND THE KIND 2899 01:40:36,530 --> 01:40:39,533 OF REPURPOSING AND THE, AND THEN 2900 01:40:39,533 --> 01:40:40,134 THE STRATEGY THAT'S IN THE 2901 01:40:40,134 --> 01:40:41,568 PROPOSED BUDGET IN THE, IN THE 2902 01:40:41,568 --> 01:40:43,937 YEAR END, SUPPLEMENTAL LEAVES 2903 01:40:43,937 --> 01:40:44,972 ABOUT $101 MILLION OF ENDING 2904 01:40:44,972 --> 01:40:47,541 CASH IN THE JUMPSTART FUND 2905 01:40:47,541 --> 01:40:49,076 THAT'S USED IN THE 2728 BUDGET 2906 01:40:49,076 --> 01:40:49,743 AND THE FINANCIAL PLAN TO KIND 2907 01:40:49,743 --> 01:40:51,378 OF SHOW THAT SUSTAINABILITY 2908 01:40:51,378 --> 01:40:57,551 REQUIREMENT IN THE FUTURE. SO 2909 01:40:57,551 --> 01:40:59,953 SIMILARLY, WE DID A BASELINE 2910 01:40:59,953 --> 01:41:00,587 TECHNICAL ADJUSTMENT OR NOT, WE 2911 01:41:00,587 --> 01:41:02,623 DID. BUT THE THE CITY BUDGET 2912 01:41:02,623 --> 01:41:03,957 OFFICE DID THEIR EXERCISE. AND 2913 01:41:03,957 --> 01:41:06,326 THAT RESULTED IN A $43 MILLION 2914 01:41:06,326 --> 01:41:08,162 DECREASE IN 27 AND $33 MILLION 2915 01:41:08,162 --> 01:41:10,631 IN 28, BASICALLY TAKING OUT THE 2916 01:41:10,631 --> 01:41:12,032 ONE TIME ITEMS AND INFLATING 2917 01:41:12,032 --> 01:41:13,434 THOSE THINGS THAT ARE GOING TO 2918 01:41:13,434 --> 01:41:15,402 CONTINUE. THINGS LIKE LABOR 2919 01:41:15,402 --> 01:41:18,238 COSTS AND OTHER INFLATIONARY 2920 01:41:18,238 --> 01:41:21,408 ADJUSTMENTS. THEY THEY 2921 01:41:21,408 --> 01:41:22,042 ESSENTIALLY MATCHED THE TRANSFER 2922 01:41:22,042 --> 01:41:23,444 BETWEEN THE GENERAL FUND AND THE 2923 01:41:23,444 --> 01:41:24,578 GENERAL FUND, BETWEEN THE 2924 01:41:24,578 --> 01:41:26,046 GENERAL FUND AND THE JUMPSTART 2925 01:41:26,046 --> 01:41:29,383 FUND. SO THIS IS WHAT KIND OF 2926 01:41:29,383 --> 01:41:29,917 TOGGLES THE THE RESOURCES 2927 01:41:29,917 --> 01:41:31,318 BETWEEN THE FUNDS TO TO HELP ONE 2928 01:41:31,318 --> 01:41:32,820 OR THE OTHER BALANCE. THEY MATCH 2929 01:41:32,820 --> 01:41:34,188 THE FINANCIAL PLAN FROM LAST 2930 01:41:34,188 --> 01:41:37,124 YEAR, WHICH WAS WHICH IS AN 2931 01:41:37,124 --> 01:41:39,760 ADJUSTMENT DOWNWARD. THE REVENUE 2932 01:41:39,760 --> 01:41:43,363 FORECAST IN AUGUST WAS WAS QUITE 2933 01:41:43,363 --> 01:41:44,798 FAVORABLE. THEY UPGRADED THE 2934 01:41:44,798 --> 01:41:46,633 REVENUES BY $30 MILLION AND 27 2935 01:41:46,633 --> 01:41:50,204 AND 30, $31 MILLION IN 28. AND 2936 01:41:50,204 --> 01:41:52,606 THEN AGAIN, WE'VE TALKED ABOUT 2937 01:41:52,606 --> 01:41:55,676 THIS FOR A FAIR AMOUNT, BUT THEY 2938 01:41:55,676 --> 01:41:56,310 ADJUSTED THE THE TRANSFERS, AND 2939 01:41:56,310 --> 01:41:57,878 THIS IS GOING TO BLOW THE LINE 2940 01:41:57,878 --> 01:41:59,413 DISPLAY. SO THIS IS NOT PART OF 2941 01:41:59,413 --> 01:42:00,681 THE APPROPRIATION. THIS IS JUST 2942 01:42:00,681 --> 01:42:03,083 IN THE PLANNING RESERVES, PART 2943 01:42:03,083 --> 01:42:04,818 OF THE JUMPSTART FUND. THEY 2944 01:42:04,818 --> 01:42:08,555 INCREASED THAT PAYROLL EXPENSE 2945 01:42:08,555 --> 01:42:10,290 TAX RESERVE TO $2,020 MILLION IN 2946 01:42:10,290 --> 01:42:11,859 27 AND $31 MILLION IN 2028. AND 2947 01:42:11,859 --> 01:42:13,560 AGAIN, IT'S GOING TO MEET THE 2948 01:42:13,560 --> 01:42:16,396 20% OF REVENUES REQUIREMENT BY 2949 01:42:16,396 --> 01:42:21,635 2029. AND THEN THE PROPOSED 2950 01:42:21,635 --> 01:42:24,771 CHANGES. SO THERE'S ACTUALLY 2951 01:42:24,771 --> 01:42:26,874 BUDGET LEGISLATION THAT'S BEEN 2952 01:42:26,874 --> 01:42:29,143 PROPOSED BY THE MAYOR WITH 2953 01:42:29,143 --> 01:42:30,944 REGARDS TO REVENUES. AND SO THIS 2954 01:42:30,944 --> 01:42:33,947 IS A AN EXISTING STANDARD 2955 01:42:33,947 --> 01:42:36,483 DEDUCTION FOR NONPROFIT HEALTH 2956 01:42:36,483 --> 01:42:37,985 CARE EXPENSES WITHIN A ONE OF 2957 01:42:37,985 --> 01:42:40,154 THE PAYROLL BANDS IN THE PAYROLL 2958 01:42:40,154 --> 01:42:40,687 EXPENSE TAX, SPECIFICALLY 2959 01:42:40,687 --> 01:42:44,324 PAYROLL EXPENSES BETWEEN 150,000 2960 01:42:44,324 --> 01:42:50,264 AND 390 9000 OR 399 $999.99. TO 2961 01:42:50,264 --> 01:42:53,567 BE SPECIFIC, THAT DEDUCTION WAS 2962 01:42:53,567 --> 01:42:55,068 SET TO EXPIRE AT THE END OF THIS 2963 01:42:55,068 --> 01:42:57,337 YEAR, AND LEGISLATION SUBMITTED 2964 01:42:57,337 --> 01:42:59,940 WITH THE BUDGET WOULD EXTEND 2965 01:42:59,940 --> 01:43:01,241 THAT TO 2040, CONSISTENT WITH 2966 01:43:01,241 --> 01:43:02,943 THE EXPIRATION OF THE TAX. THE 2967 01:43:02,943 --> 01:43:04,945 EXPIRATION OF THAT DEDUCTION HAD 2968 01:43:04,945 --> 01:43:06,013 BEEN ASSUMED IN THE REVENUE 2969 01:43:06,013 --> 01:43:08,982 FORECAST AT AN IMPACT OF ABOUT 2970 01:43:08,982 --> 01:43:10,384 $5 MILLION. AND SO THIS 2971 01:43:10,384 --> 01:43:13,253 ADJUSTMENT, THE PROPOSAL TO 2972 01:43:13,253 --> 01:43:14,855 EXTEND THAT DEDUCTION SHAVES $5 2973 01:43:14,855 --> 01:43:16,790 MILLION OUT OF RESOURCES IN THE 2974 01:43:16,790 --> 01:43:18,425 GENERAL JUMPSTART FUND IN IN THE 2975 01:43:18,425 --> 01:43:21,695 BIENNIUM AND IN THE FUTURE YEAR 2976 01:43:21,695 --> 01:43:22,896 PROJECTIONS. AND WE'VE TALKED 2977 01:43:22,896 --> 01:43:23,564 ABOUT THIS. SO THIS IS THE OTHER 2978 01:43:23,564 --> 01:43:25,666 SIDE OF THE HOMELESSNESS FUNDING 2979 01:43:25,666 --> 01:43:29,836 SWAP, $47 MILLION INCREASE IN 27 2980 01:43:29,836 --> 01:43:31,705 AND 28, SHIFTING HOMELESSNESS 2981 01:43:31,705 --> 01:43:33,073 PROGRAMS, EXPENSES THAT HAD 2982 01:43:33,073 --> 01:43:33,674 PREVIOUSLY BEEN FUNDED IN THE 2983 01:43:33,674 --> 01:43:35,208 GENERAL FUND INTO THE JUMPSTART 2984 01:43:35,208 --> 01:43:39,947 FUND AND THEN, AS I MENTIONED, 2985 01:43:39,947 --> 01:43:41,782 THERE WAS AN ASSUMPTION IN THE 2986 01:43:41,782 --> 01:43:44,918 GENERAL FUND LAST YEAR THAT 2987 01:43:44,918 --> 01:43:48,021 FUNDED SHELTER COSTS IN 27 AND 2988 01:43:48,021 --> 01:43:50,123 28. THIS REFLECTS THOSE COSTS. 2989 01:43:50,123 --> 01:43:51,992 HOWEVER, THEY'RE BEING ADDED 2990 01:43:51,992 --> 01:43:53,560 INTO THE JUMPSTART FUND $18 2991 01:43:53,560 --> 01:43:55,662 MILLION IN 27, $18 MILLION IN 28 2992 01:43:55,662 --> 01:44:01,168 TO BUILD AND OPERATE SHELTER FOR 2993 01:44:01,168 --> 01:44:01,602 PEOPLE EXPERIENCING 2994 01:44:01,602 --> 01:44:04,238 HOMELESSNESS. SO THOSE ARE THE 2995 01:44:04,238 --> 01:44:05,238 MAJOR CHANGES. THERE WERE SOME 2996 01:44:05,238 --> 01:44:07,641 OTHER MINOR CHANGES, AGAIN, THAT 2997 01:44:07,641 --> 01:44:09,676 WILL BE DISCUSSED IN DEPARTMENT 2998 01:44:09,676 --> 01:44:14,147 PRESENTATIONS, EITHER MEMOS OR 2999 01:44:14,147 --> 01:44:14,781 PRESENTATIONS HERE IN COMMITTEE. 3000 01:44:14,781 --> 01:44:17,384 SO THIS IS THE KIND OF HIGH 3001 01:44:17,384 --> 01:44:18,752 LEVEL LOOK OF THE JUMPSTART FUND 3002 01:44:18,752 --> 01:44:21,421 SUSTAINABILITY. IT'S A BIT 3003 01:44:21,421 --> 01:44:22,022 DIFFERENT NOT SHOWING GRAPHS 3004 01:44:22,022 --> 01:44:22,656 BECAUSE THE JUMPSTART FUND WAS 3005 01:44:22,656 --> 01:44:24,691 BALANCED LAST YEAR. IT'S 3006 01:44:24,691 --> 01:44:25,759 BALANCED THIS YEAR AS WELL IN 3007 01:44:25,759 --> 01:44:27,728 TERMS OF THE PROJECTION AND THE 3008 01:44:27,728 --> 01:44:30,831 BUDGET. BUT THIS IS REALLY MOST 3009 01:44:30,831 --> 01:44:33,333 HELPFUL TO SHOW YOU TWO THINGS 3010 01:44:33,333 --> 01:44:35,502 OR THREE THINGS. ONE IS THE 3011 01:44:35,502 --> 01:44:36,436 REVENUE STABILIZATION ACCOUNT. 3012 01:44:36,436 --> 01:44:37,371 THAT LINE IN RED, I MEAN, IT 3013 01:44:37,371 --> 01:44:39,306 SHOWS AS A NEGATIVE, BUT THAT'S 3014 01:44:39,306 --> 01:44:40,874 JUST BASICALLY A KIND OF A HOLD 3015 01:44:40,874 --> 01:44:43,710 ON RESOURCES. AND IT INCREASES 3016 01:44:43,710 --> 01:44:45,712 FROM THE 26 REVISED LEVEL OF 3017 01:44:45,712 --> 01:44:47,180 $9.7 MILLION UP TO ITS FULL 3018 01:44:47,180 --> 01:44:49,483 POLICY LEVEL BY 2029 OF $44 3019 01:44:49,483 --> 01:44:51,218 MILLION AT THE END OF 27, IT 3020 01:44:51,218 --> 01:44:53,787 WILL BE $20 MILLION AT THE END 3021 01:44:53,787 --> 01:44:55,989 OF 28, IT WILL BE $31 MILLION. 3022 01:44:55,989 --> 01:44:57,924 AND THEN THE ENDING UNRESERVED 3023 01:44:57,924 --> 01:45:00,394 FUND BALANCE. SO THIS IS A KEY 3024 01:45:00,394 --> 01:45:02,496 PART. YOU CAN SEE THE $101 3025 01:45:02,496 --> 01:45:04,998 MILLION OF BETTER THAN EXPECTED 3026 01:45:04,998 --> 01:45:06,466 RESOURCES AT THE END OF 26. AND 3027 01:45:06,466 --> 01:45:09,536 YOU CAN SEE HOW IT STEADILY 3028 01:45:09,536 --> 01:45:12,472 DECLINES. SO ESSENTIALLY THEY'RE 3029 01:45:12,472 --> 01:45:15,008 USING THAT BALANCE TO TO BALANCE 3030 01:45:15,008 --> 01:45:17,044 THE FUND IN 27. AND IN 28. AND 3031 01:45:17,044 --> 01:45:18,879 THEN BY 2029, THAT FUND BALANCE 3032 01:45:18,879 --> 01:45:22,549 HAS BEEN USED UP AS PART OF THE 3033 01:45:22,549 --> 01:45:24,384 FACT THAT THE FUND BALANCE HAS 3034 01:45:24,384 --> 01:45:25,886 BEEN ALL USED UP. THERE ARE 3035 01:45:25,886 --> 01:45:28,588 CHANGES THAT WILL BE NECESSARY 3036 01:45:28,588 --> 01:45:30,090 IN THE JUMPSTART FUND. AND 3037 01:45:30,090 --> 01:45:31,792 AGAIN, THIS IS NOT A DECISION TO 3038 01:45:31,792 --> 01:45:33,593 BE MADE. THIS IS JUST A 3039 01:45:33,593 --> 01:45:34,961 PROJECTION, AN ASSUMPTION BEING 3040 01:45:34,961 --> 01:45:37,264 MADE. THE EXECUTIVE, HOW THEY 3041 01:45:37,264 --> 01:45:39,866 WOULD MEET THAT CHALLENGE BY 3042 01:45:39,866 --> 01:45:41,668 2029, IF ALL THESE VARIOUS 3043 01:45:41,668 --> 01:45:43,370 EMBEDDED ASSUMPTIONS HOLD, HOLD 3044 01:45:43,370 --> 01:45:45,305 TRUE, AND YOU CAN SEE THAT IN, 3045 01:45:45,305 --> 01:45:47,641 IN, IN THE EXPENDITURES LINE, 3046 01:45:47,641 --> 01:45:49,810 THE EXPENDITURE ROW GOING FROM 3047 01:45:49,810 --> 01:45:52,345 28 TO 29 DROPS BY ABOUT $30 3048 01:45:52,345 --> 01:45:53,547 MILLION. AND THAT'S A RESULT OF 3049 01:45:53,547 --> 01:45:59,753 A FEW DIFFERENT THINGS GOING ON. 3050 01:45:59,753 --> 01:46:01,054 ONE IS A PORTION OF THE 3051 01:46:01,054 --> 01:46:02,689 HOMELESSNESS FUNDING THAT'S 3052 01:46:02,689 --> 01:46:04,157 SHIFTED WILL SHIFT BACK TO THE 3053 01:46:04,157 --> 01:46:06,660 GENERAL FUND, $24 MILLION IN 3054 01:46:06,660 --> 01:46:12,666 2029, $30 MILLION IN 2030, AND A 3055 01:46:12,666 --> 01:46:14,935 NUMBER OF REDUCTIONS AT THE 3056 01:46:14,935 --> 01:46:18,638 DEPARTMENT LEVEL REDUCTIONS IN 3057 01:46:18,638 --> 01:46:21,608 2029, AND THEN A SLIGHT ADD BACK 3058 01:46:21,608 --> 01:46:23,377 IN 2030. AND THESE ARE REALLY 3059 01:46:23,377 --> 01:46:25,812 JUST SHOWN AS PART OF THE KIND 3060 01:46:25,812 --> 01:46:26,279 OF THE SUSTAINABILITY 3061 01:46:26,279 --> 01:46:28,949 REQUIREMENT IN THE SEATTLE 3062 01:46:28,949 --> 01:46:30,517 SHIELD BILL REQUESTED THAT IF 3063 01:46:30,517 --> 01:46:32,419 THERE ARE REDUCTIONS THAT NEED 3064 01:46:32,419 --> 01:46:34,755 TO BE MADE IN TO KIND OF KEEP 3065 01:46:34,755 --> 01:46:35,322 THE FUNDS IN BALANCE IN THE 3066 01:46:35,322 --> 01:46:37,057 FUTURE, WHAT ARE THOSE? AND THEN 3067 01:46:37,057 --> 01:46:38,492 THESE THESE ARE ESSENTIALLY WHAT 3068 01:46:38,492 --> 01:46:39,626 THOSE WOULD BE IF ALL THE 3069 01:46:39,626 --> 01:46:41,061 ASSUMPTIONS HOLD TRUE. AND 3070 01:46:41,061 --> 01:46:42,863 AGAIN, THE ASSUMPTIONS WILL 3071 01:46:42,863 --> 01:46:43,864 CHANGE UP OR DOWN BETWEEN HERE 3072 01:46:43,864 --> 01:46:44,831 AND THEN THIS IS JUST A LOOK AT 3073 01:46:44,831 --> 01:46:46,199 WHAT WOULD BE REQUIRED TO 3074 01:46:46,199 --> 01:46:50,270 BALANCE THE FUND SO ESSENTIALLY 3075 01:46:50,270 --> 01:46:51,872 THERE'S A $19 MILLION REDUCTION 3076 01:46:51,872 --> 01:46:53,807 IN 29 IN TOTAL AND A THIRD AND 3077 01:46:53,807 --> 01:46:55,976 $10 MILLION THAT GETS ADDED BACK 3078 01:46:55,976 --> 01:46:56,877 IN 2030. 3079 01:46:56,877 --> 01:46:59,079 -- TOM, I WANT TO JUST CLARIFY 3080 01:46:59,079 --> 01:47:01,281 THAT STATEMENT YOU MADE, WHICH 3081 01:47:01,281 --> 01:47:03,717 IS $19 MILLION OF CUTS, WOULD BE 3082 01:47:03,717 --> 01:47:06,219 NECESSARY IN 2029. THAT IS 3083 01:47:06,219 --> 01:47:08,855 ASSUMING THAT THE ECONOMIC 3084 01:47:08,855 --> 01:47:10,590 FORECAST REMAINS CONSTANT WITH 3085 01:47:10,590 --> 01:47:12,359 NO CHANGES. IS THAT CORRECT? 3086 01:47:12,359 --> 01:47:14,327 -- ABSOLUTELY CORRECT. 3087 01:47:14,327 --> 01:47:16,363 -- SO IF WE ARE ABLE TO SPUR 3088 01:47:16,363 --> 01:47:17,798 CONSTRUCTION IN OUR CITY, THAT 3089 01:47:17,798 --> 01:47:19,900 NUMBER IN AND OF ITSELF IS 3090 01:47:19,900 --> 01:47:25,138 REDUCED. OR IF WE HAVE A BETTER, 3091 01:47:25,138 --> 01:47:26,273 STRONGER NATIONAL OR STATEWIDE 3092 01:47:26,273 --> 01:47:26,940 ECONOMY, THAT NUMBER WOULD ALSO 3093 01:47:26,940 --> 01:47:30,844 BE REDUCED. IS THAT CORRECT? 3094 01:47:30,844 --> 01:47:32,546 -- YES. HOWEVER, IT WOULD 3095 01:47:32,546 --> 01:47:35,382 REQUIRE THAT THOSE CHANGES 3096 01:47:35,382 --> 01:47:36,616 IMPACT PAYROLL EXPENSE MADE BY 3097 01:47:36,616 --> 01:47:38,051 LARGE COMPANIES, BECAUSE THIS IS 3098 01:47:38,051 --> 01:47:39,586 FULLY FUNDED BY THE JUMPSTART 3099 01:47:39,586 --> 01:47:41,922 PAYROLL EXPENSE. SO I GUESS IF 3100 01:47:41,922 --> 01:47:43,056 BUT MORE TO SAY, IF YOU PULL 3101 01:47:43,056 --> 01:47:44,191 BACK AND YOU TREAT THE JUMPSTART 3102 01:47:44,191 --> 01:47:48,328 FUND IN THE GENERAL FUND AS PART 3103 01:47:48,328 --> 01:47:48,962 OF A COMMON RESOURCE POOL. YES, 3104 01:47:48,962 --> 01:47:49,262 ABSOLUTELY. 3105 01:47:49,262 --> 01:47:50,030 -- AND SO WHAT YOU ARE NOTING 3106 01:47:50,030 --> 01:47:53,066 HERE IS THAT WHILE WE HAVE HAD A 3107 01:47:53,066 --> 01:47:54,434 GENERAL FUND STRUCTURAL BUDGET 3108 01:47:54,434 --> 01:47:57,037 DEFICIT, WE NOW HAVE A JUMPSTART 3109 01:47:57,037 --> 01:47:58,038 FUND STRUCTURAL DEFICIT. IS THAT 3110 01:47:58,038 --> 01:48:00,974 WHAT YOU'RE CALLING OUT HERE? 3111 01:48:00,974 --> 01:48:02,475 -- I'M CALLING THAT THERE IS A 3112 01:48:02,475 --> 01:48:04,411 STRUCTURAL DEFICIT IN BOTH FUNDS 3113 01:48:04,411 --> 01:48:05,812 UNTIL A CERTAIN POINT IN TIME, 3114 01:48:05,812 --> 01:48:08,415 THE GENERAL FUND RESOLVES ON ITS 3115 01:48:08,415 --> 01:48:10,350 OWN AFTER APPLYING FUND BALANCE 3116 01:48:10,350 --> 01:48:12,819 FOR A NUMBER OF YEARS, THE THE 3117 01:48:12,819 --> 01:48:14,054 GENERAL FUND DOES. THE JUMPSTART 3118 01:48:14,054 --> 01:48:15,355 FUND, ON THE OTHER HAND, 3119 01:48:15,355 --> 01:48:16,890 REQUIRES ADDITIONAL MEASURES IN 3120 01:48:16,890 --> 01:48:18,124 ORDER TO MEET THAT STANDARD IN 3121 01:48:18,124 --> 01:48:19,893 THE FUTURE 3122 01:48:19,893 --> 01:48:21,628 -- THANK YOU. SO THE JUMP WHILE 3123 01:48:21,628 --> 01:48:25,232 WE HAVE A GENERAL FUND REDUCTION 3124 01:48:25,232 --> 01:48:27,000 DOWN TO $9 MILLION, WE HAVE 3125 01:48:27,000 --> 01:48:29,536 INCREASED THE JUMPSTART DEFICIT 3126 01:48:29,536 --> 01:48:33,673 TO 19. 3127 01:48:33,673 --> 01:48:35,375 -- THE. ESSENTIALLY, YES. 3128 01:48:35,375 --> 01:48:37,577 ESSENTIALLY BY BY 2030, $19 3129 01:48:37,577 --> 01:48:39,246 MILLION. AND IT WOULD BE WOULD 3130 01:48:39,246 --> 01:48:40,447 HAVE ADDITIONAL MEASURES WOULD 3131 01:48:40,447 --> 01:48:41,481 BE NECESSARY. 3132 01:48:41,481 --> 01:48:42,482 -- I SEE CAL TRYING TO JUMP IN 3133 01:48:42,482 --> 01:48:44,317 AND SORRY, COLLEAGUES, FOR GOING 3134 01:48:44,317 --> 01:48:46,119 OFF MY TYPICAL FACILITATION. I 3135 01:48:46,119 --> 01:48:47,587 JUST WANTED TO DIG INTO THIS A 3136 01:48:47,587 --> 01:48:48,555 LITTLE DEEPER. 3137 01:48:48,555 --> 01:48:49,789 -- YEAH, I THINK IT'S IMPORTANT 3138 01:48:49,789 --> 01:48:51,358 TO HIGHLIGHT THAT THIS IS A 3139 01:48:51,358 --> 01:48:53,260 PROJECTION. SO THIS IS LOOKING 3140 01:48:53,260 --> 01:48:54,794 AT, YOU KNOW, WE DO HAVE GENERAL 3141 01:48:54,794 --> 01:48:56,696 FUND AND JUMPSTART FUND, WHICH 3142 01:48:56,696 --> 01:49:00,100 ARE ESSENTIALLY BOTH THE MOST 3143 01:49:00,100 --> 01:49:02,903 FLEXIBLE REVENUES WE HAVE. AND 3144 01:49:02,903 --> 01:49:04,504 SO A BIT OF THIS IS TRYING TO 3145 01:49:04,504 --> 01:49:06,439 LOOK AT THAT AS SORT OF A COMMON 3146 01:49:06,439 --> 01:49:07,841 RESOURCE POOL AND HOW THAT HAS 3147 01:49:07,841 --> 01:49:09,743 TO GO BACK AND FORTH ACROSS THE 3148 01:49:09,743 --> 01:49:11,278 TWO DIFFERENT FUNDS. THIS IS 3149 01:49:11,278 --> 01:49:12,946 JUST A CURRENT PROJECTION BASED 3150 01:49:12,946 --> 01:49:14,915 ON WHAT THE FORECAST LOOK LIKE 3151 01:49:14,915 --> 01:49:15,815 FOR WHAT THAT MIGHT LOOK LIKE 3152 01:49:15,815 --> 01:49:18,585 FOR OUT YEARS, THAT WILL CHANGE. 3153 01:49:18,585 --> 01:49:20,854 ABSOLUTELY. BY THE TIME WE GET 3154 01:49:20,854 --> 01:49:22,222 THERE. BUT AS LONG AS WE ARE 3155 01:49:22,222 --> 01:49:23,056 ACCOUNTING FOR THESE FUNDS 3156 01:49:23,056 --> 01:49:25,892 SEPARATELY IN THIS WAY, WE WILL 3157 01:49:25,892 --> 01:49:27,394 CONTINUE TO SEE THESE THINGS. 3158 01:49:27,394 --> 01:49:29,563 AND, YOU KNOW, THERE'S GOING TO 3159 01:49:29,563 --> 01:49:31,164 BE A AT SOME POINT, IF THE 3160 01:49:31,164 --> 01:49:33,099 FUNDING IS FOR THE SAME THINGS, 3161 01:49:33,099 --> 01:49:34,834 YOU SHOULD LOOK AT THEM 3162 01:49:34,834 --> 01:49:35,101 TOGETHER. 3163 01:49:35,101 --> 01:49:36,136 -- THANK YOU. AND APOLOGIES, 3164 01:49:36,136 --> 01:49:37,470 COLLEAGUES, FOR GOING OFF MY 3165 01:49:37,470 --> 01:49:38,204 TYPICAL FACILITATION. TOM, I'M 3166 01:49:38,204 --> 01:49:39,372 GOING TO LET YOU TAKE AWAY FOR 3167 01:49:39,372 --> 01:49:40,573 THE REST OF THIS PRESENTATION, 3168 01:49:40,573 --> 01:49:42,142 AND THEN WE'LL TAKE COMMENTS, 3169 01:49:42,142 --> 01:49:46,680 QUESTIONS FROM COLLEAGUES. OKAY. 3170 01:49:46,680 --> 01:49:48,915 -- SO THAT'S THAT'S THE END OF 3171 01:49:48,915 --> 01:49:52,719 THE OF ALL OF THE DETAILED 3172 01:49:52,719 --> 01:49:54,020 TABLES. I JUST HAVE A COUPLE, 3173 01:49:54,020 --> 01:49:55,989 JUST BASICALLY TWO GENERAL HIGH 3174 01:49:55,989 --> 01:49:58,959 LEVEL POLICY CONSIDERATIONS. ONE 3175 01:49:58,959 --> 01:50:00,193 IS DESPITE, DESPITE THAT, WE 3176 01:50:00,193 --> 01:50:01,061 HAVE SEEN THAT THERE IS STILL A 3177 01:50:01,061 --> 01:50:04,397 STRUCTURAL DEFICIT. IT'S MUCH, 3178 01:50:04,397 --> 01:50:06,299 MUCH SMALLER. THE THIS PROPOSED 3179 01:50:06,299 --> 01:50:08,335 FINANCIAL PLAN WITH THE GENERAL 3180 01:50:08,335 --> 01:50:09,836 FUND IS IMPROVED OVER WHAT WE'VE 3181 01:50:09,836 --> 01:50:12,539 SEEN IN THE PAST FEW YEARS, 3182 01:50:12,539 --> 01:50:13,673 PARTICULARLY IN CONTRAST TO THE 3183 01:50:13,673 --> 01:50:16,810 ONE WE PUBLISHED WITH THE 27 OR 3184 01:50:16,810 --> 01:50:21,047 2026 ADOPTED BUDGET. IN CONTRAST 3185 01:50:21,047 --> 01:50:22,482 TO LAST YEAR'S PLAN, WHICH HAD 3186 01:50:22,482 --> 01:50:24,517 A LARGE FUND BALANCE THAT WAS 3187 01:50:24,517 --> 01:50:27,153 SUPPORTING SPENDING. THIS PLAN 3188 01:50:27,153 --> 01:50:28,989 USES THE AVAILABLE BALANCES TO 3189 01:50:28,989 --> 01:50:30,957 KIND OF BRIDGE SMALLER DEFICITS 3190 01:50:30,957 --> 01:50:33,560 OVER A NUMBER OF YEARS TO 3191 01:50:33,560 --> 01:50:34,160 ACHIEVE SUSTAINABILITY IN THE 3192 01:50:34,160 --> 01:50:39,065 FUTURE THE ALSO, IN CONTRAST TO 3193 01:50:39,065 --> 01:50:41,201 THE PAST, THE ONE TIME 3194 01:50:41,201 --> 01:50:42,969 REDUCTIONS ARE NOT BEING USED TO 3195 01:50:42,969 --> 01:50:43,570 SUPPORT ONGOING INCREASES. IN 3196 01:50:43,570 --> 01:50:45,905 FACT, IT'S THE OPPOSITE ONE. 3197 01:50:45,905 --> 01:50:49,209 THERE ARE LARGER ONGOING 3198 01:50:49,209 --> 01:50:51,144 DECREASES THAN THERE ARE ONGOING 3199 01:50:51,144 --> 01:50:53,179 INCREASES. SO. SO THAT HELPS 3200 01:50:53,179 --> 01:50:54,714 SUSTAINABILITY IN THE FUTURE. 3201 01:50:54,714 --> 01:50:56,316 AND AS WE'VE WE'VE COVERED, 3202 01:50:56,316 --> 01:50:59,219 THE RESERVES ARE FUNDED AT THEIR 3203 01:50:59,219 --> 01:51:00,453 POLICY LEVELS. AND AND THE 3204 01:51:00,453 --> 01:51:02,022 JUMPSTART IS NEARLY AT ITS 3205 01:51:02,022 --> 01:51:04,958 POLICY LEVEL. ALL GOOD THINGS. 3206 01:51:04,958 --> 01:51:06,493 BUT WE'VE ALSO BEEN TALKING 3207 01:51:06,493 --> 01:51:09,262 ABOUT THERE'S A KIND OF A GLIDE 3208 01:51:09,262 --> 01:51:10,864 PATH THAT'S ASSUMED. AND 3209 01:51:10,864 --> 01:51:11,498 THERE'S IT'S NOT ENTIRELY 3210 01:51:11,498 --> 01:51:13,333 SMOOTH. THERE ARE SOME 3211 01:51:13,333 --> 01:51:14,734 POTENTIALLY DIFFICULT DECISIONS. 3212 01:51:14,734 --> 01:51:18,271 AGAIN, AND TO KIND OF ECHO WHAT 3213 01:51:18,271 --> 01:51:19,339 CAL SAYING, THESE ARE ALL 3214 01:51:19,339 --> 01:51:20,774 PROJECTIONS. BUT IF ALL 3215 01:51:20,774 --> 01:51:22,976 PROJECTIONS HOLD TRUE, THERE 3216 01:51:22,976 --> 01:51:23,643 WILL BE SOME DECISIONS THAT WILL 3217 01:51:23,643 --> 01:51:25,512 BE NEED TO BE MADE WITHIN THE 3218 01:51:25,512 --> 01:51:26,413 JUMPSTART FUND THEY'RE SHOWING 3219 01:51:26,413 --> 01:51:28,848 IN THE JUMPSTART FUND. IT COULD 3220 01:51:28,848 --> 01:51:29,482 BE MADE ELSEWHERE IN THE GENERAL 3221 01:51:29,482 --> 01:51:33,253 FUND AS WELL TO TO HANDLE THAT, 3222 01:51:33,253 --> 01:51:34,521 THAT CHALLENGE. ONE THING I 3223 01:51:34,521 --> 01:51:36,122 WOULD POINT OUT IS THAT THE THE 3224 01:51:36,122 --> 01:51:38,591 JUMPSTART FUND WAS CREATED. IT 3225 01:51:38,591 --> 01:51:39,693 WAS INITIALLY CREATED WITH 3226 01:51:39,693 --> 01:51:42,529 REALLY HARD AND STRICT SPENDING 3227 01:51:42,529 --> 01:51:46,900 CONSTRAINTS. THOSE WERE WERE 3228 01:51:46,900 --> 01:51:47,400 MODERATED IN THE POLICY 3229 01:51:47,400 --> 01:51:51,971 ADJUSTMENT IN ORDINANCE ONE, 3230 01:51:51,971 --> 01:51:54,607 2712155. AND SO NOW THEY'RE JUST 3231 01:51:54,607 --> 01:51:55,708 GUIDELINES. AND AND ALSO IT CAN, 3232 01:51:55,708 --> 01:51:56,509 IT CAN GENERALLY BE USED TO, TO 3233 01:51:56,509 --> 01:51:59,679 HELP WITH GENERAL FUND SPENDING. 3234 01:51:59,679 --> 01:52:02,215 AND IN FACT, THE PROPOSED BUDGET 3235 01:52:02,215 --> 01:52:03,817 DOES THAT SHIFTS A PROGRAM FROM 3236 01:52:03,817 --> 01:52:04,784 THE GENERAL FUND TO THE 3237 01:52:04,784 --> 01:52:06,686 JUMPSTART FUND, WHICH IS A BIT 3238 01:52:06,686 --> 01:52:09,422 NEW. IT'S A IT'S A NEW THING. 3239 01:52:09,422 --> 01:52:10,056 NORMALLY WE'VE MOVED MONEY BY 3240 01:52:10,056 --> 01:52:13,560 WAY OF THE TRANSFER BETWEEN 3241 01:52:13,560 --> 01:52:15,261 FUNDS, WHICH MAY BE FINE, BUT 3242 01:52:15,261 --> 01:52:16,496 I'M JUST GOING TO POINT OUT 3243 01:52:16,496 --> 01:52:20,400 THAT KIND OF THE BUDGET IS WHERE 3244 01:52:20,400 --> 01:52:21,734 THAT, YOU KNOW, IF THAT'S THE 3245 01:52:21,734 --> 01:52:23,002 CORRECT APPROACH TO BE HANDLING 3246 01:52:23,002 --> 01:52:25,238 THESE FUNDS, THEN THAT'S, 3247 01:52:25,238 --> 01:52:25,872 THAT'S WHAT'S BEFORE YOU 3248 01:52:25,872 --> 01:52:27,540 TODAY. IF AN ALTERNATE APPROACH 3249 01:52:27,540 --> 01:52:29,042 IS DESIRED, THAT DECISION COULD 3250 01:52:29,042 --> 01:52:33,379 BE MADE AS WELL. AND THAT 3251 01:52:33,379 --> 01:52:33,947 CONCLUDES MY PRESENTATION. 3252 01:52:33,947 --> 01:52:37,250 -- THANK YOU TOM. WELL DONE, 3253 01:52:37,250 --> 01:52:41,187 COLLEAGUES. QUESTIONS. COMMENTS 3254 01:52:41,187 --> 01:52:42,455 CONCERNS. ALL HASHED OUT IN THE. 3255 01:52:42,455 --> 01:52:46,960 IN THE GENERAL FUND SECTION. 3256 01:52:46,960 --> 01:52:48,862 COUNCILMEMBER RIVERA. VICE 3257 01:52:48,862 --> 01:52:49,095 CHAIR. 3258 01:52:49,095 --> 01:52:51,498 -- THANK YOU. CHAIR. THANKS 3259 01:52:51,498 --> 01:52:55,935 AGAIN. TOM. I JUST REALLY 3260 01:52:55,935 --> 01:52:56,503 APPRECIATE YOUR ANALYSIS. I 3261 01:52:56,503 --> 01:52:58,872 MEAN, ONE THING THAT I REALLY 3262 01:52:58,872 --> 01:53:01,708 JUST WANT TO CALL OUT IS THAT I 3263 01:53:01,708 --> 01:53:03,810 APPRECIATE THAT THAT OUR 3264 01:53:03,810 --> 01:53:05,178 STRUCTURAL DEFICIT AND THE 3265 01:53:05,178 --> 01:53:06,880 ACTIONS THAT WERE TAKEN BY THE 3266 01:53:06,880 --> 01:53:09,549 EXECUTIVE TO TRY TO ADDRESS THE 3267 01:53:09,549 --> 01:53:10,950 STRUCTURAL DEFICIT. THE REALITY, 3268 01:53:10,950 --> 01:53:14,854 THOUGH, IS THAT IT DOES HINGE ON 3269 01:53:14,854 --> 01:53:15,488 TAKING OUT A LOT OF THE ONE TIME 3270 01:53:15,488 --> 01:53:17,557 THINGS THAT WE ADDED THAT WERE 3271 01:53:17,557 --> 01:53:19,893 IMPORTANT TO COUNCIL. AND SO I 3272 01:53:19,893 --> 01:53:21,594 THINK THAT NOW WE'RE IN A 3273 01:53:21,594 --> 01:53:23,129 POSITION OR COUNCIL IS IN A 3274 01:53:23,129 --> 01:53:27,901 POSITION THAT IF WE WANT TO PUT 3275 01:53:27,901 --> 01:53:29,969 IN ONE OF THOSE ONE TIME ADS 3276 01:53:29,969 --> 01:53:31,638 THAT WE HAD BEFORE, THEN WE'RE 3277 01:53:31,638 --> 01:53:34,307 IN IN THE A SITUATION WHERE WE 3278 01:53:34,307 --> 01:53:37,243 HAVE TO EITHER, YOU KNOW, WE 3279 01:53:37,243 --> 01:53:38,845 HAVE TO CUT SOMETHING TO ADD 3280 01:53:38,845 --> 01:53:40,446 SOMETHING. SO I JUST SAY THAT 3281 01:53:40,446 --> 01:53:43,016 FOR THE FOLKS WHO MAY BE 3282 01:53:43,016 --> 01:53:44,250 WATCHING THAT, THERE ARE A LOT 3283 01:53:44,250 --> 01:53:46,519 OF THINGS THAT THIS COUNCIL 3284 01:53:46,519 --> 01:53:48,021 REALLY PUT IN LAST YEAR IN 3285 01:53:48,021 --> 01:53:51,991 RESPONSE TO SOME OF THE 3286 01:53:51,991 --> 01:53:54,694 CONSTITUENTS PRIORITIES THAT 3287 01:53:54,694 --> 01:53:56,429 THEN THERE'S NO ROOM FOR IN 3288 01:53:56,429 --> 01:53:58,765 THIS CURRENT BUDGET, OR UNLESS I 3289 01:53:58,765 --> 01:54:00,800 DON'T KNOW WHAT I DON'T KNOW. 3290 01:54:00,800 --> 01:54:01,968 SO LET ME SAY THAT TO I DON'T 3291 01:54:01,968 --> 01:54:04,804 KNOW IF THERE'S SOME FUNDING TO 3292 01:54:04,804 --> 01:54:07,941 BE HAD SOMEWHERE. SO I, I THINK 3293 01:54:07,941 --> 01:54:10,410 THAT'S CONVERSATION WILL COME. 3294 01:54:10,410 --> 01:54:11,544 BUT AS IT STANDS TODAY, IT LOOKS 3295 01:54:11,544 --> 01:54:13,112 LIKE IN ORDER FOR US TO ADD ONE 3296 01:54:13,112 --> 01:54:15,615 OF THOSE THINGS THAT THAT 3297 01:54:15,615 --> 01:54:16,649 CONSTITUENTS CARE ABOUT, WE'RE 3298 01:54:16,649 --> 01:54:17,951 GOING TO HAVE TO EITHER WE'RE 3299 01:54:17,951 --> 01:54:19,752 GOING TO HAVE TO CUT SOMETHING 3300 01:54:19,752 --> 01:54:23,089 THAT IS ALREADY IN THE BUDGET. 3301 01:54:23,089 --> 01:54:25,558 AND THAT'S JUST A REALITY AND I 3302 01:54:25,558 --> 01:54:27,560 SAY THAT BECAUSE IT'S IMPORTANT 3303 01:54:27,560 --> 01:54:29,863 TO NOTE THAT THE EXECUTIVE AND 3304 01:54:29,863 --> 01:54:31,331 THE COUNCIL ARE TWO SEPARATELY 3305 01:54:31,331 --> 01:54:33,533 ELECTED BODIES. WE HAVE SIMILAR 3306 01:54:33,533 --> 01:54:36,269 CONSTITUENTS, BUT BUT WE ARE 3307 01:54:36,269 --> 01:54:37,570 SEPARATELY ELECTED. SO OUR 3308 01:54:37,570 --> 01:54:39,372 CONSTITUENTS MIGHT ASK THE MAYOR 3309 01:54:39,372 --> 01:54:40,607 FOR SOMETHING THAT THAT THE 3310 01:54:40,607 --> 01:54:42,909 MAYOR MAY OR MAY NOT INCLUDE IN 3311 01:54:42,909 --> 01:54:44,444 THE BUDGET, AND THEN THEY WILL 3312 01:54:44,444 --> 01:54:46,880 COME TO COUNCIL, THEIR 3313 01:54:46,880 --> 01:54:47,614 REPRESENTATIVES, TO ALSO REQUEST 3314 01:54:47,614 --> 01:54:49,582 THE SAME THING. AND THEN IF IT 3315 01:54:49,582 --> 01:54:52,552 DIDN'T MAKE IT INTO THE, THE, 3316 01:54:52,552 --> 01:54:54,520 THE EXECUTIVE'S PROPOSAL, THEN 3317 01:54:54,520 --> 01:54:55,655 IT LANDS ON OUR LAPS. AND THEN 3318 01:54:55,655 --> 01:54:58,091 WE'RE IN A SITUATION WHERE IF 3319 01:54:58,091 --> 01:55:02,061 WE MAKE AN AD, YOU KNOW, WE ARE 3320 01:55:02,061 --> 01:55:04,130 SEEN AS AS ADDING PERHAPS TO THE 3321 01:55:04,130 --> 01:55:08,835 STRUCTURAL DEFICIT. SO I, I 3322 01:55:08,835 --> 01:55:09,802 THAT'S IMPORTANT BECAUSE AT 3323 01:55:09,802 --> 01:55:11,471 LEAST FOR MY PART, I'VE TRIED 3324 01:55:11,471 --> 01:55:13,673 EVERY YEAR NOT TO INCREASE THE 3325 01:55:13,673 --> 01:55:17,043 DEFICIT, BUT IT IS A CHALLENGE 3326 01:55:17,043 --> 01:55:18,645 AND FOLKS SHOULD BE AWARE THAT 3327 01:55:18,645 --> 01:55:21,147 THAT IS NOT WHAT COUNCIL HAS TO 3328 01:55:21,147 --> 01:55:24,917 BALANCE. SO WE ARE NOT SEEING 3329 01:55:24,917 --> 01:55:25,485 LIKE SOMEHOW WE'RE BEING 3330 01:55:25,485 --> 01:55:27,086 FISCALLY RESPONSIBLE BECAUSE 3331 01:55:27,086 --> 01:55:29,088 AFTER ALL, IT IS OUR JOB TO 3332 01:55:29,088 --> 01:55:33,326 BALANCE A BUDGET AND ENSURE THAT 3333 01:55:33,326 --> 01:55:33,960 OUR CONSTITUENTS INTERESTS ARE 3334 01:55:33,960 --> 01:55:35,028 REPRESENTED. SO REALLY, THAT 3335 01:55:35,028 --> 01:55:36,262 WASN'T A QUESTION. IT WAS A 3336 01:55:36,262 --> 01:55:37,864 STATEMENT, BUT I THINK AN 3337 01:55:37,864 --> 01:55:38,498 IMPORTANT ONE IN THE CONTEXT OF 3338 01:55:38,498 --> 01:55:40,700 THIS CONVERSATION AND THE 3339 01:55:40,700 --> 01:55:43,102 CONTEXT OF NEXT WEEK'S 3340 01:55:43,102 --> 01:55:44,804 CONVERSATIONS ABOUT AMENDMENTS, 3341 01:55:44,804 --> 01:55:45,972 AS WE ALL GRAPPLE, ALL NINE OF 3342 01:55:45,972 --> 01:55:48,274 US, WITH WHAT OUR CONSTITUENTS 3343 01:55:48,274 --> 01:55:51,077 MIGHT WANT TO SEE IN THE BUDGET 3344 01:55:51,077 --> 01:55:53,246 AND HOW WE GO ABOUT ADDRESSING 3345 01:55:53,246 --> 01:55:54,447 THOSE. SO THANK YOU. THANK YOU, 3346 01:55:54,447 --> 01:55:54,681 CHAIR. 3347 01:55:54,681 --> 01:55:56,416 -- THANK YOU, COUNCILMEMBER 3348 01:55:56,416 --> 01:55:57,684 RIVERA. TOM, ANYTHING TO ADD 3349 01:55:57,684 --> 01:55:59,752 THERE? 3350 01:55:59,752 --> 01:56:01,454 -- I JUST I WOULD ONLY ADD THAT 3351 01:56:01,454 --> 01:56:03,723 THERE WILL BE ONE POTENTIAL 3352 01:56:03,723 --> 01:56:05,525 OPPORTUNITY FOR NEW RESOURCES TO 3353 01:56:05,525 --> 01:56:07,026 BE AVAILABLE, AND THAT IS THE 3354 01:56:07,026 --> 01:56:09,929 UPCOMING OCTOBER, THE THIRD 3355 01:56:09,929 --> 01:56:11,331 FORECAST OF THIS PROCESS THAT 3356 01:56:11,331 --> 01:56:13,199 WILL BE PRESENTED BY THE OFFICE 3357 01:56:13,199 --> 01:56:17,337 OF AND THE CITY BUDGET OFFICE ON 3358 01:56:17,337 --> 01:56:17,570 FRIDAY. 3359 01:56:17,570 --> 01:56:20,807 -- AND I WILL THEN COUNTER WITH 3360 01:56:20,807 --> 01:56:22,909 IF THAT REVENUE FORECAST COMES 3361 01:56:22,909 --> 01:56:26,312 IN NEGATIVE, WE WILL HAVE A VERY 3362 01:56:26,312 --> 01:56:28,614 DIFFICULT JOB TO DO BECAUSE 3363 01:56:28,614 --> 01:56:30,717 WHILE WE DO HAVE OUR RESERVES 3364 01:56:30,717 --> 01:56:33,286 REPLENISHED, THAT IS ALL WE HAVE 3365 01:56:33,286 --> 01:56:33,987 RIGHT NOW. AND SO IF WE DO HAVE 3366 01:56:33,987 --> 01:56:39,258 A NEGATIVE REVENUE FORECAST. WE 3367 01:56:39,258 --> 01:56:45,998 WILL HAVE A VERY UNPLEASANT NEXT 3368 01:56:45,998 --> 01:56:46,599 EIGHT WEEKS OR NEXT SIX WEEKS 3369 01:56:46,599 --> 01:56:47,233 YOU KNOW THAT THAT SAID, I SEE 3370 01:56:47,233 --> 01:56:48,468 OKAY, SO I SEE COUNCILMEMBER 3371 01:56:48,468 --> 01:56:49,469 FOSTER AND THEN I'LL TAKE MY 3372 01:56:49,469 --> 01:56:51,003 FINAL QUESTIONS. COUNCILMEMBER 3373 01:56:51,003 --> 01:56:52,505 FOSTER. THANK YOU. 3374 01:56:52,505 --> 01:56:53,373 -- THANK YOU SO MUCH, CHAIR. I 3375 01:56:53,373 --> 01:56:55,208 REALLY APPRECIATE THAT. AND I 3376 01:56:55,208 --> 01:56:56,776 WANTED TO JUST KIND OF JUST GO 3377 01:56:56,776 --> 01:57:00,246 BACK TO THE TOP REALLY QUICK FOR 3378 01:57:00,246 --> 01:57:00,947 CLARITY. SO I'M GOING TO GO 3379 01:57:00,947 --> 01:57:02,115 BACK TO I'M LOOKING AT SLIDE 3380 01:57:02,115 --> 01:57:05,485 ONE. TOM. YES. SLIDE ONE. SO 3381 01:57:05,485 --> 01:57:07,887 THIS SHOWS US THE 149 MILLION 3382 01:57:07,887 --> 01:57:10,123 AND THE $129 MILLION DEFICIT 3383 01:57:10,123 --> 01:57:11,691 THAT WAS PREVIOUSLY PROJECTED 3384 01:57:11,691 --> 01:57:13,593 AROUND THIS TIME LAST YEAR FOR 3385 01:57:13,593 --> 01:57:16,329 2027 AND 2028. AND I JUST WANT 3386 01:57:16,329 --> 01:57:19,098 TO MAKE SURE IT WAS MY 3387 01:57:19,098 --> 01:57:19,699 UNDERSTANDING THAT THOSE TWO 3388 01:57:19,699 --> 01:57:21,167 NUMBERS LOOKED AT THE STRUCTURAL 3389 01:57:21,167 --> 01:57:24,837 BUDGET DEFICIT, BUT DID NOT 3390 01:57:24,837 --> 01:57:26,639 ASSUME THAT ANY ADS THROUGH THE 3391 01:57:26,639 --> 01:57:28,875 COUNCIL BUDGET PROCESS LAST YEAR 3392 01:57:28,875 --> 01:57:30,676 WERE INCLUDED IN THOSE NUMBERS. 3393 01:57:30,676 --> 01:57:31,577 SO I WE HAD A I'M TRYING TO 3394 01:57:31,577 --> 01:57:32,211 REMEMBER WHO WAS AT THE TABLE. 3395 01:57:32,211 --> 01:57:33,946 IT MIGHT HAVE BEEN WHEN CENTRAL 3396 01:57:33,946 --> 01:57:36,315 STAFF WHEN CBO WAS AT THE TABLE, 3397 01:57:36,315 --> 01:57:39,819 I THINK WE GOT A NUMBER THAT IT 3398 01:57:39,819 --> 01:57:42,588 WAS 78,000,000 IN 1 TIME ADS 3399 01:57:42,588 --> 01:57:43,356 THAT WERE FROM COUNCIL LAST 3400 01:57:43,356 --> 01:57:44,757 YEAR. AND IT WAS MY 3401 01:57:44,757 --> 01:57:45,358 UNDERSTANDING THAT THOSE ADS 3402 01:57:45,358 --> 01:57:49,228 WERE NOT INCLUDED IN THAT. 149 3403 01:57:49,228 --> 01:57:51,497 NUMBER. IS THAT CORRECT 3404 01:57:51,497 --> 01:57:52,899 -- COUNCILMEMBER FOSTER. SO I 3405 01:57:52,899 --> 01:57:54,100 WILL JUST SAY I DON'T I DON'T 3406 01:57:54,100 --> 01:57:55,635 KNOW THE PRECISE NUMBER, BUT IT 3407 01:57:55,635 --> 01:57:58,004 SOUNDS LIKE THEY'RE SUGGESTING 3408 01:57:58,004 --> 01:57:59,272 THAT ONE TIME MONEY THAT WAS 3409 01:57:59,272 --> 01:58:02,675 ADDED IN THE 26 ADOPTED BUDGET 3410 01:58:02,675 --> 01:58:05,278 IS NOT PART OF THE PROJECTED 3411 01:58:05,278 --> 01:58:08,081 DEFICIT FOR 27 TO 28, WHICH IS 3412 01:58:08,081 --> 01:58:08,347 ACCURATE. 3413 01:58:08,347 --> 01:58:09,048 -- THANK YOU. WERE YOU GOING TO 3414 01:58:09,048 --> 01:58:12,118 SAY SOMETHING? DIRECTOR WHITSON. 3415 01:58:12,118 --> 01:58:14,620 -- SOME ONE TIME ADS WERE 3416 01:58:14,620 --> 01:58:18,391 EXTENDED AND MADE ONGOING IN THE 3417 01:58:18,391 --> 01:58:20,693 MAYOR'S PROPOSED BUDGET. SO IT 3418 01:58:20,693 --> 01:58:21,928 REALLY DEPENDS ON THE SPECIFIC 3419 01:58:21,928 --> 01:58:22,261 BUDGET ITEM. 3420 01:58:22,261 --> 01:58:23,229 -- YEAH. THANK YOU. SO WHAT I'M 3421 01:58:23,229 --> 01:58:23,963 TRYING TO GET AT, I JUST WANT TO 3422 01:58:23,963 --> 01:58:26,132 MAKE SURE, YOU KNOW, I HAVE THE 3423 01:58:26,132 --> 01:58:27,967 RIGHT UNDERSTANDING, WHICH IS 3424 01:58:27,967 --> 01:58:28,701 THAT LAST YEAR, WHEN IT WAS 3425 01:58:28,701 --> 01:58:31,170 ASSUMED THAT IT WAS ABOUT $149 3426 01:58:31,170 --> 01:58:32,572 MILLION DEFICIT, THAT ASSUMED 3427 01:58:32,572 --> 01:58:33,739 THAT THOSE ADS WERE ONE TIME, SO 3428 01:58:33,739 --> 01:58:35,942 THEY WEREN'T ACCOUNTED FOR IN 3429 01:58:35,942 --> 01:58:39,112 THOSE OUT YEARS FOR 27, 28 AND 3430 01:58:39,112 --> 01:58:40,546 29. AND HAD THEY BEEN ACCOUNTED 3431 01:58:40,546 --> 01:58:41,380 FOR IN THOSE OUT YEARS, WE WOULD 3432 01:58:41,380 --> 01:58:44,350 HAVE BEEN LOOKING AT AN 3433 01:58:44,350 --> 01:58:45,017 ADDITIONAL 70 SOMETHING I CAN'T 3434 01:58:45,017 --> 01:58:45,651 REMEMBER, AND I DON'T HAVE MY 3435 01:58:45,651 --> 01:58:47,053 NOTES IN FRONT OF ME. MILLION ON 3436 01:58:47,053 --> 01:58:50,223 TOP OF THAT EXISTING FORECASTED 3437 01:58:50,223 --> 01:58:51,824 DEFICIT. AND THEN THE THERE WERE 3438 01:58:51,824 --> 01:58:53,192 SOME OF THOSE ADS I THINK WERE 3439 01:58:53,192 --> 01:58:54,460 THIS ISN'T TO SPEAK ON THE 3440 01:58:54,460 --> 01:58:55,895 VALUE OF THOSE ADS. TO BE CLEAR, 3441 01:58:55,895 --> 01:58:57,964 I THINK MANY OF THEM WERE REALLY 3442 01:58:57,964 --> 01:58:59,632 IMPORTANT. OIRA FUNDING, 3443 01:58:59,632 --> 01:59:00,900 FRESHBOOKS, FUNDING THINGS THAT 3444 01:59:00,900 --> 01:59:02,635 WE ALL CARE ABOUT JUST FOR AN 3445 01:59:02,635 --> 01:59:04,003 UNDERSTANDING OF THE FORECAST 3446 01:59:04,003 --> 01:59:05,104 HERE. SO HAD THOSE BEEN 3447 01:59:05,104 --> 01:59:07,106 INCLUDED, THAT WOULD HAVE BEEN 3448 01:59:07,106 --> 01:59:09,075 INCREASED TO REPRESENT THOSE 3449 01:59:09,075 --> 01:59:10,943 BEING ONGOING IN THE MAYOR'S 3450 01:59:10,943 --> 01:59:12,778 BUDGET. MY UNDERSTANDING IS SHE 3451 01:59:12,778 --> 01:59:13,846 INCLUDED, AND I CAN'T REMEMBER 3452 01:59:13,846 --> 01:59:16,249 THE NUMBER HERE. SOMEWHERE 3453 01:59:16,249 --> 01:59:18,284 BETWEEN 10 AND 15 MILLION OF 3454 01:59:18,284 --> 01:59:19,352 THOSE ONE TIME ADS IN THE 3455 01:59:19,352 --> 01:59:20,620 ONGOING. SO SOME OF THEM ARE 3456 01:59:20,620 --> 01:59:21,454 INCLUDED. I JUST WANT TO MAKE 3457 01:59:21,454 --> 01:59:22,955 SURE WE HAVE THAT RIGHT FOR THE 3458 01:59:22,955 --> 01:59:23,189 RECORD. 3459 01:59:23,189 --> 01:59:25,158 -- AND THAT'S CORRECT. AND AND 3460 01:59:25,158 --> 01:59:27,260 THAT AD, THE MAYOR ADDING BACK 3461 01:59:27,260 --> 01:59:28,761 THAT ONE TIME STUFF WOULD HAVE 3462 01:59:28,761 --> 01:59:30,296 SHOWN SHOWS UP AS A MAYOR'S 3463 01:59:30,296 --> 01:59:31,964 OPERATING PROPOSAL FOR 27 AND 3464 01:59:31,964 --> 01:59:34,934 28. SO SO IT'S NOT PART OF THE 3465 01:59:34,934 --> 01:59:36,002 BASELINE PROJECTION. THE THE 3466 01:59:36,002 --> 01:59:37,537 PROJECTIONS, THE CBO DOES, YOU 3467 01:59:37,537 --> 01:59:40,039 KNOW, AS AS KIND OF PUT IN THE 3468 01:59:40,039 --> 01:59:40,973 FINANCIAL PLAN TOGETHER, THE 3469 01:59:40,973 --> 01:59:43,309 BOOK, THEY, THEY LOOK AT WHAT'S 3470 01:59:43,309 --> 01:59:45,044 TAGGED AS ONGOING AND THEY AND 3471 01:59:45,044 --> 01:59:46,245 THEY PROJECT INFLATION ON TOP OF 3472 01:59:46,245 --> 01:59:47,947 THAT, ANYTHING THAT'S, THAT'S 3473 01:59:47,947 --> 01:59:50,716 TAGGED AS ONE TIME DROPS OUT IN 3474 01:59:50,716 --> 01:59:51,083 THE NEXT YEAR. 3475 01:59:51,083 --> 01:59:52,084 -- THANK YOU. I JUST WANTED TO 3476 01:59:52,084 --> 01:59:54,287 CLARIFY. AND THEN THIS GETS THIS 3477 01:59:54,287 --> 01:59:55,321 SECOND PART. I'M SORT OF 3478 01:59:55,321 --> 01:59:56,289 LEADING INTO THIS. IT'S A FOLLOW 3479 01:59:56,289 --> 01:59:58,724 UP ON MY EARLIER QUESTION ABOUT 3480 01:59:58,724 --> 02:00:01,093 THE REQUIREMENTS FOR THE OUTLOOK 3481 02:00:01,093 --> 02:00:02,061 INTO THE FUTURE YEARS. SO YOU 3482 02:00:02,061 --> 02:00:03,629 ALREADY CLARIFIED FOR ME THAT 3483 02:00:03,629 --> 02:00:04,931 WHEN B AND O PASSED LAST YEAR, 3484 02:00:04,931 --> 02:00:06,532 THE B AND O REFORM PASSED LAST 3485 02:00:06,532 --> 02:00:08,100 YEAR, WE HAD THIS REQUIREMENT 3486 02:00:08,100 --> 02:00:10,002 THAT THE MAYOR WOULD SEND DOWN 3487 02:00:10,002 --> 02:00:11,137 THE BUDGET BALANCE. AND THEN 3488 02:00:11,137 --> 02:00:12,338 WITH A FORECAST FOR IT BALANCED 3489 02:00:12,338 --> 02:00:13,806 OUT INTO THE NEXT FIVE YEARS, DO 3490 02:00:13,806 --> 02:00:16,275 WE HAVE A REQUIREMENT AS WE GO 3491 02:00:16,275 --> 02:00:17,243 THROUGH OUR BUDGET PROCESS? LIKE 3492 02:00:17,243 --> 02:00:18,978 IF I MAKE A ONE TIME AD OR IF I 3493 02:00:18,978 --> 02:00:20,880 MAKE AN AD THROUGH THE BUDGET 3494 02:00:20,880 --> 02:00:22,815 PROCESS, LOOKING AT YOU, CHAIR, 3495 02:00:22,815 --> 02:00:24,250 THAT YOU KNOW IS GOING TO HAVE 3496 02:00:24,250 --> 02:00:26,319 MULTIPLE MILLIONS, YOU KNOW, 27, 3497 02:00:26,319 --> 02:00:29,956 28, 29 DO WE HAVE THE SAME 3498 02:00:29,956 --> 02:00:30,556 REQUIREMENT THAT AS PASSED BY 3499 02:00:30,556 --> 02:00:31,157 COUNCIL, WE'RE BALANCED IN 3500 02:00:31,157 --> 02:00:33,626 THOSE OUT YEARS? 3501 02:00:33,626 --> 02:00:34,260 -- COUNCILMEMBER FOSTER MY READ 3502 02:00:34,260 --> 02:00:35,528 OF THAT ORDINANCE DOES NOT 3503 02:00:35,528 --> 02:00:37,430 REQUIRE THAT THE THE COUNCIL HAS 3504 02:00:37,430 --> 02:00:39,065 TO DO A SUBMIT A BALANCED 3505 02:00:39,065 --> 02:00:40,132 FINANCIAL PLAN IN THE FUTURE. 3506 02:00:40,132 --> 02:00:41,334 -- OKAY. THANK YOU. THANK YOU 3507 02:00:41,334 --> 02:00:41,767 CHAIR. 3508 02:00:41,767 --> 02:00:43,469 -- YEAH, THANK YOU, 3509 02:00:43,469 --> 02:00:44,103 COUNCILMEMBER FOSTER BRINGING US 3510 02:00:44,103 --> 02:00:46,939 BACK JUST TO LAST YEAR, HELPFUL 3511 02:00:46,939 --> 02:00:48,908 CONTEXT, BECAUSE AS 3512 02:00:48,908 --> 02:00:49,475 COUNCILMEMBER KETTLE KETTLE 3513 02:00:49,475 --> 02:00:51,277 ADDED, THAT SIX YEAR FINANCIAL 3514 02:00:51,277 --> 02:00:53,045 OUTLOOK AS AN AMENDMENT TO THE 3515 02:00:53,045 --> 02:00:55,982 NO TAX REFORM, IT IS ABSOLUTELY 3516 02:00:55,982 --> 02:00:56,616 GOOD PRACTICE IN WHAT WE SHOULD 3517 02:00:56,616 --> 02:00:59,852 BE DOING. I THINK EVERYONE THAT 3518 02:00:59,852 --> 02:01:02,521 WAS HERE WAS ALSO AWARE THAT 3519 02:01:02,521 --> 02:01:04,256 MAKING THAT TYPE OF SHIFT, I 3520 02:01:04,256 --> 02:01:07,293 STILL DRIVE A MANUAL CAR, 3521 02:01:07,293 --> 02:01:10,262 SWITCHING THOSE GEARS SO RAPIDLY 3522 02:01:10,262 --> 02:01:11,998 MAY NOT BE ACHIEVABLE FOR THIS 3523 02:01:11,998 --> 02:01:14,133 YEAR. SO I APPLAUD DIRECTOR 3524 02:01:14,133 --> 02:01:16,969 PANUCCI FOR TAKING A BETTER 3525 02:01:16,969 --> 02:01:18,404 EFFORT AT IT THAN I THINK WE 3526 02:01:18,404 --> 02:01:20,806 WERE EXPECTING. SO WE WE 3527 02:01:20,806 --> 02:01:21,874 ABSOLUTELY APPRECIATE THAT. AND 3528 02:01:21,874 --> 02:01:24,610 I WILL ALSO SAY THAT IN THOSE 3529 02:01:24,610 --> 02:01:26,045 OUT YEARS, THIS IS THE 3530 02:01:26,045 --> 02:01:26,912 DIFFERENCE BETWEEN COMING TO A 3531 02:01:26,912 --> 02:01:31,083 FISCAL CLIFF OR A FISCAL HILL. 3532 02:01:31,083 --> 02:01:32,618 IT HAS BEEN MY OBJECTIVE OVER 3533 02:01:32,618 --> 02:01:35,688 THESE LAST NUMBER OF YEARS TO 3534 02:01:35,688 --> 02:01:37,790 ROLL US SLOWLY DOWN THE HILL SO 3535 02:01:37,790 --> 02:01:40,793 THAT WE ARE NOT JUMPING OFF OF A 3536 02:01:40,793 --> 02:01:42,094 CLIFF, BECAUSE IF WE TRIED TO 3537 02:01:42,094 --> 02:01:44,664 MAKE TEN YEARS WORTH OF 3538 02:01:44,664 --> 02:01:46,465 FINANCIAL, IT TOOK TEN YEARS TO 3539 02:01:46,465 --> 02:01:49,001 GET, YOU KNOW, OF GROWTH TO GET 3540 02:01:49,001 --> 02:01:51,937 INTO THIS FISCAL SITUATION. IF 3541 02:01:51,937 --> 02:01:53,773 WE TRIED TO ADDRESS ALL OF THOSE 3542 02:01:53,773 --> 02:01:55,741 CHANGES IN ONE YEAR, WE WOULD BE 3543 02:01:55,741 --> 02:01:58,944 CUTTING OFF PROGRAMS THAT WE 3544 02:01:58,944 --> 02:02:00,146 NEED BEFORE MAKING THOSE 3545 02:02:00,146 --> 02:02:02,114 CHANGES. AND SO WHAT I SEE IN 3546 02:02:02,114 --> 02:02:03,883 THIS LAST YEAR, YOU KNOW, THE 3547 02:02:03,883 --> 02:02:05,851 DIFFERENCE BETWEEN ONE YEAR AND 3548 02:02:05,851 --> 02:02:09,789 ONGOING FUNDING LAST YEAR, 3549 02:02:09,789 --> 02:02:10,790 COUNCIL CHANGED THE $4 MILLION 3550 02:02:10,790 --> 02:02:13,359 IN OFFICE OF IMMIGRANT AND 3551 02:02:13,359 --> 02:02:13,993 REFUGEE AFFAIRS. THAT $4 MILLION 3552 02:02:13,993 --> 02:02:17,063 WAS ONE TIME. AND THE COUNCIL 3553 02:02:17,063 --> 02:02:19,532 MADE THAT ONGOING, THAT INCREASE 3554 02:02:19,532 --> 02:02:21,967 THE STRUCTURAL DEFICIT BY $4 3555 02:02:21,967 --> 02:02:23,769 MILLION. I INCLUDED THE MONEY 3556 02:02:23,769 --> 02:02:26,605 FOR VEHICLE AND VEHICLE 3557 02:02:26,605 --> 02:02:29,041 RESIDENTS AND RV MITIGATION. I 3558 02:02:29,041 --> 02:02:30,543 CALLED THAT ONGOING FROM THE 3559 02:02:30,543 --> 02:02:31,410 FIRST DAY BECAUSE I KNEW THAT IT 3560 02:02:31,410 --> 02:02:33,412 WOULD BE ONGOING. THERE ARE 3561 02:02:33,412 --> 02:02:35,214 OTHER PROGRAMS THAT ARE ALSO 3562 02:02:35,214 --> 02:02:36,515 INCREDIBLY IMPORTANT THAT WERE 3563 02:02:36,515 --> 02:02:39,218 SET UP AS ONE TIME TO TEST TO 3564 02:02:39,218 --> 02:02:40,653 SEE IF THEY WOULD WORK OR NOT. 3565 02:02:40,653 --> 02:02:43,289 AND I THINK THAT WITHOUT 3566 02:02:43,289 --> 02:02:45,758 ADDITIONAL COORDINATION, WE HAVE 3567 02:02:45,758 --> 02:02:47,526 RECEIVED A BUDGET THAT JUST 3568 02:02:47,526 --> 02:02:52,231 REMOVES MOST OF THEM WITHOUT 3569 02:02:52,231 --> 02:02:54,900 THAT CAREFUL CONSIDERATION OF 3570 02:02:54,900 --> 02:02:56,802 COUNCIL PRIORITIES OF WAS THIS A 3571 02:02:56,802 --> 02:02:58,337 VERY IMPORTANT PROJECT THAT WE 3572 02:02:58,337 --> 02:02:59,739 NEEDED TO KEEP MOMENTUM ON OR 3573 02:02:59,739 --> 02:03:01,741 NOT? AND SO IT'S A CHALLENGING 3574 02:03:01,741 --> 02:03:03,576 BUDGET BUDGET TO GO THROUGH. BUT 3575 02:03:03,576 --> 02:03:05,845 THAT'S THAT'S WHAT I MEAN OF 3576 02:03:05,845 --> 02:03:07,680 MY CONCERN THAT WE ARE STOPPING 3577 02:03:07,680 --> 02:03:09,415 THE POSITIVE MOMENTUM OF THE 3578 02:03:09,415 --> 02:03:11,751 CITY IS THAT THERE ARE IMPORTANT 3579 02:03:11,751 --> 02:03:12,985 PROGRAMS IN HERE THAT NEED TO 3580 02:03:12,985 --> 02:03:14,854 HAVE HIGHER LEVELS OF FUNDING 3581 02:03:14,854 --> 02:03:16,522 THAN WHAT THAN WHAT HAS BEEN 3582 02:03:16,522 --> 02:03:22,728 PROPOSED COLLEAGUES. ANY OTHER 3583 02:03:22,728 --> 02:03:26,499 QUESTIONS? RIGHT NOW? SEEING 3584 02:03:26,499 --> 02:03:27,466 NONE. MY I GUESS I ALREADY 3585 02:03:27,466 --> 02:03:28,367 TALKED ABOUT IT, BUT IF YOU WANT 3586 02:03:28,367 --> 02:03:30,403 TO GO BACK TO SLIDE THREE, TOM, 3587 02:03:30,403 --> 02:03:31,704 THIS IS JUST WHERE I WILL ASK 3588 02:03:31,704 --> 02:03:35,741 YOU AGAIN. IF WE SUDDENLY HAD 3589 02:03:35,741 --> 02:03:38,043 GREATER LEVELS OF CONSTRUCTION 3590 02:03:38,043 --> 02:03:40,079 IN OUR CITY OR. THAT COMES 3591 02:03:40,079 --> 02:03:41,447 THROUGH CONSTRUCTION SALES TAX, 3592 02:03:41,447 --> 02:03:43,582 THAT ALSO COMES FROM THE 3593 02:03:43,582 --> 02:03:45,384 PROPERTY TAX THAT WE CAN GET ON 3594 02:03:45,384 --> 02:03:49,688 TOP OF THE 1%. WHAT WHAT HAPPENS 3595 02:03:49,688 --> 02:03:50,656 WITH WELL, YOU COULD USE THIS 3596 02:03:50,656 --> 02:03:51,791 ONE, BUT I'M FINE WITH SLIDE 3597 02:03:51,791 --> 02:03:52,858 THREE. THAT SHOWS A BIGGER 3598 02:03:52,858 --> 02:03:54,560 DIFFERENCE. BUT WHAT HAPPENS 3599 02:03:54,560 --> 02:03:56,662 HERE, I MEAN, IF YOU COULD USE 3600 02:03:56,662 --> 02:03:59,165 SLIDE THREE BECAUSE THAT'S A 3601 02:03:59,165 --> 02:03:59,765 WORST CASE SCENARIO THAN WHAT 3602 02:03:59,765 --> 02:04:00,866 YOU GOT HERE. 3603 02:04:00,866 --> 02:04:04,737 -- SLIDE, SLIDE, WHICHEVER ONE I 3604 02:04:04,737 --> 02:04:06,372 WAS ON IS THE ONE THAT WE'RE 3605 02:04:06,372 --> 02:04:07,706 WORKING WITH RIGHT NOW. THAT'S 3606 02:04:07,706 --> 02:04:12,745 CORRECT. IS OLD NEWS. SO I WOULD 3607 02:04:12,745 --> 02:04:13,078 SUGGEST, SIR. 3608 02:04:13,078 --> 02:04:15,314 -- TOM, THIS IS I'M ASKING 3609 02:04:15,314 --> 02:04:18,350 ABOUT SLIDE THREE. OKAY. SO THIS 3610 02:04:18,350 --> 02:04:19,652 IS AND SOMETHING ELSE THAT I 3611 02:04:19,652 --> 02:04:23,222 WANTED TO SHARE THAT COMING FROM 3612 02:04:23,222 --> 02:04:25,057 COUNCILMEMBER FOSTER LAST YEAR, 3613 02:04:25,057 --> 02:04:26,892 OUR MY CHAIR'S PACKAGE REDUCED 3614 02:04:26,892 --> 02:04:27,493 THE STRUCTURAL BUDGET DEFICIT 3615 02:04:27,493 --> 02:04:29,328 BECAUSE WE DID NOT USE ALL OF 3616 02:04:29,328 --> 02:04:30,863 THE FUNDS THAT WERE AVAILABLE TO 3617 02:04:30,863 --> 02:04:32,698 US. WE INCLUDED MORE FUNDS IN 3618 02:04:32,698 --> 02:04:34,266 RESERVES, WHETHER THAT WAS THE 3619 02:04:34,266 --> 02:04:38,270 C, O C, OR THE FEDERAL RESERVE. 3620 02:04:38,270 --> 02:04:41,073 AND WE WE MADE SURE TO LEAVE 3621 02:04:41,073 --> 02:04:42,274 FUNDS AVAILABLE BECAUSE WE SAW 3622 02:04:42,274 --> 02:04:44,844 SOME OF THIS COMING. BUT COMING, 3623 02:04:44,844 --> 02:04:47,179 LET'S SAY FROM NOVEMBER OF 3624 02:04:47,179 --> 02:04:50,850 2025, WHICH WAS A FULL YEAR AGO, 3625 02:04:50,850 --> 02:04:52,852 GRANTED THROUGH THE MAYOR'S 3626 02:04:52,852 --> 02:04:55,321 PROPOSAL, THINGS ARE DIFFERENT 3627 02:04:55,321 --> 02:04:57,556 TODAY. BUT HOW DOES THIS GRAPH 3628 02:04:57,556 --> 02:04:59,091 CHANGE IF WE SEE HIGHER LEVELS 3629 02:04:59,091 --> 02:05:01,093 OF CONSTRUCTION? YOU KNOW, IT 3630 02:05:01,093 --> 02:05:04,497 WOULD BE NICE IF WE HAD A CIVIC 3631 02:05:04,497 --> 02:05:06,398 PROJECT SUCH AS CLIMATE PLEDGE 3632 02:05:06,398 --> 02:05:09,301 ARENA THAT KEN JOHNSON BUILT, OR 3633 02:05:09,301 --> 02:05:11,837 THE CONVENTION CENTER OR LIGHT 3634 02:05:11,837 --> 02:05:13,372 RAIL CONSTRUCTION, OR ANY OF 3635 02:05:13,372 --> 02:05:15,507 THESE BIG OR THE WEST SEATTLE 3636 02:05:15,507 --> 02:05:16,809 BRIDGE CONSTRUCTION, ALL OF 3637 02:05:16,809 --> 02:05:18,544 THOSE CIVIC CONSTRUCTION 3638 02:05:18,544 --> 02:05:20,179 PROJECTS WERE HELPING US IN THE 3639 02:05:20,179 --> 02:05:21,247 PREVIOUS YEARS. WHAT HAPPENS 3640 02:05:21,247 --> 02:05:23,883 HERE IF WE HAVE ANOTHER CIVIC 3641 02:05:23,883 --> 02:05:28,888 CONSTRUCTION OR OUR FREE MARKET 3642 02:05:28,888 --> 02:05:29,388 CONSTRUCTION INCREASES. 3643 02:05:29,388 --> 02:05:32,291 -- DEPENDING ON CHAIR STRAUSS, 3644 02:05:32,291 --> 02:05:33,325 DEPENDING ON WHEN THAT OCCURRED 3645 02:05:33,325 --> 02:05:35,127 AND WHEN THE REVENUES CAME IN, 3646 02:05:35,127 --> 02:05:36,762 ONE WOULD LOGICALLY AND ALL 3647 02:05:36,762 --> 02:05:38,264 OTHER ALL OTHER ASSUMPTIONS HELD 3648 02:05:38,264 --> 02:05:38,864 THE SAME REVENUES WOULD BE 3649 02:05:38,864 --> 02:05:42,801 HIGHER. AND SO THE GAP WOULD GET 3650 02:05:42,801 --> 02:05:45,304 SMALLER. THANK YOU. 3651 02:05:45,304 --> 02:05:45,871 -- FANTASTIC. COUNCILMEMBER 3652 02:05:45,871 --> 02:05:47,306 RIVERA LAST WORD. AND THEN WE'RE 3653 02:05:47,306 --> 02:05:49,408 GOING TO MOVE ON TO THE NEXT 3654 02:05:49,408 --> 02:05:49,742 PRESENTATION. 3655 02:05:49,742 --> 02:05:53,212 -- THANK YOU CHAIR. I'M JUST 3656 02:05:53,212 --> 02:05:55,347 CONFUSED BY SOMETHING. YOU BY 3657 02:05:55,347 --> 02:05:57,249 THIS PARTICULAR SLIDE. TOM, I 3658 02:05:57,249 --> 02:05:58,717 THOUGHT YOU SAID THIS WAS AN OLD 3659 02:05:58,717 --> 02:06:01,387 SLIDE. THE NEW SLIDE IS ACTUALLY 3660 02:06:01,387 --> 02:06:03,555 ON PAGE TEN, CORRECT? 3661 02:06:03,555 --> 02:06:05,024 -- YES. 3662 02:06:05,024 --> 02:06:06,559 -- OKAY. SO WE'RE SO WE SHOULD 3663 02:06:06,559 --> 02:06:07,993 BE REALLY LOOKING AT TEN AND 3664 02:06:07,993 --> 02:06:10,930 HAVING THAT QUESTION ANSWERED 3665 02:06:10,930 --> 02:06:12,231 BECAUSE. 3666 02:06:12,231 --> 02:06:13,666 -- I THINK IF I COULD, I THINK 3667 02:06:13,666 --> 02:06:14,733 IT'S I'M READING WHAT THE 3668 02:06:14,733 --> 02:06:16,402 CHAIR WAS GOING JUST TO SHOW HOW 3669 02:06:16,402 --> 02:06:17,436 THE GAP GETS SMALLER. THE OTHER 3670 02:06:17,436 --> 02:06:18,637 CHART. THE OTHER GRAPH DOESN'T 3671 02:06:18,637 --> 02:06:20,205 SHOW A GAP NECESSARILY, THOUGH 3672 02:06:20,205 --> 02:06:21,974 THERE IS A SMALL ONE, BUT THE 3673 02:06:21,974 --> 02:06:23,075 DYNAMIC IS THE SAME. IT'S 3674 02:06:23,075 --> 02:06:26,278 FUNDAMENTALLY THE SAME AS TO 3675 02:06:26,278 --> 02:06:28,414 WHETHER OR NOT SOME FAVORABLE 3676 02:06:28,414 --> 02:06:29,048 ECONOMIC EVENT LEADS TO INCREASE 3677 02:06:29,048 --> 02:06:30,416 IN REVENUE, AND WHAT CORRECT, 3678 02:06:30,416 --> 02:06:31,550 CORRECT. 3679 02:06:31,550 --> 02:06:33,152 -- BUT I JUST ALSO. 3680 02:06:33,152 --> 02:06:33,786 -- FURTHER GRAPH THAT DECREASES 3681 02:06:33,786 --> 02:06:34,520 THE GAP. 3682 02:06:34,520 --> 02:06:35,621 -- CORRECT. BUT FOR ANYONE 3683 02:06:35,621 --> 02:06:37,189 WATCHING, I ALSO DON'T WANT TO 3684 02:06:37,189 --> 02:06:39,458 CONFUSE PEOPLE THAT WHERE WE'RE 3685 02:06:39,458 --> 02:06:40,759 AT TODAY, THE PROJECTED TODAY IS 3686 02:06:40,759 --> 02:06:42,561 PAGE TEN. SO IT'S A MUCH SMALLER 3687 02:06:42,561 --> 02:06:46,065 GAP THAN WE WERE SHOWING BEFORE. 3688 02:06:46,065 --> 02:06:46,398 -- ACCURATE. 3689 02:06:46,398 --> 02:06:47,232 -- YEAH THANK YOU. THANK YOU 3690 02:06:47,232 --> 02:06:48,734 TOM. THANKS FOR THE 3691 02:06:48,734 --> 02:06:50,903 CLARIFICATION. THANKS, CHAIR. 3692 02:06:50,903 --> 02:06:53,339 -- FANTASTIC, COLLEAGUES. ANY 3693 02:06:53,339 --> 02:06:54,406 LAST QUESTIONS? SEEING NONE, WE 3694 02:06:54,406 --> 02:06:56,909 WILL MOVE ON TO THE NEXT AGENDA 3695 02:06:56,909 --> 02:07:02,948 ITEM AND CLERK, WILL YOU PLEASE 3696 02:07:02,948 --> 02:07:06,318 READ ITEM FOUR INTO THE RECORD 3697 02:07:06,318 --> 02:07:07,319 THIS ITEM PLEASE READ ITEM THREE 3698 02:07:07,319 --> 02:07:09,855 INTO THE RECORD. 3699 02:07:09,855 --> 02:07:10,489 -- AGENDA ITEM THREE. VOLUNTARY 3700 02:07:10,489 --> 02:07:11,824 SEPARATION FOR BRIEFING AND 3701 02:07:11,824 --> 02:07:12,124 DISCUSSION. 3702 02:07:12,124 --> 02:07:14,026 -- AND JUST AS KARINA GETS 3703 02:07:14,026 --> 02:07:15,561 SETTLED, I'LL MAYBE STEAL SOME 3704 02:07:15,561 --> 02:07:16,762 OF THE THUNDER HERE, WHICH IS 3705 02:07:16,762 --> 02:07:18,864 THAT THIS IS AN ALLOWANCE, NOT A 3706 02:07:18,864 --> 02:07:20,799 REQUIREMENT, AND DOES NOT 3707 02:07:20,799 --> 02:07:22,534 SPECIFY HOW THIS PROGRAM WOULD 3708 02:07:22,534 --> 02:07:24,737 WORK. BUT IF THIS PROGRAM WAS 3709 02:07:24,737 --> 02:07:27,506 SET UP OVER THE COURSE OF THE 3710 02:07:27,506 --> 02:07:29,074 FUTURE, IT WOULD REQUIRE THIS 3711 02:07:29,074 --> 02:07:33,812 AYE ALLOWING ORDINANCE. THIS. 3712 02:07:33,812 --> 02:07:35,381 DID I GET IT RIGHT? 3713 02:07:35,381 --> 02:07:36,382 -- KARINA YOU GOT IT RIGHT. 3714 02:07:36,382 --> 02:07:39,351 THANKS FOR THE INTRO. 3715 02:07:39,351 --> 02:07:39,718 -- OVER TO YOU. 3716 02:07:39,718 --> 02:07:41,854 -- WELL, IT'S STILL GOOD MORNING 3717 02:07:41,854 --> 02:07:44,156 TO ALL OF YOU. TODAY I AM KARINA 3718 02:07:44,156 --> 02:07:46,158 BULL, I'M ON COUNCIL CENTRAL 3719 02:07:46,158 --> 02:07:47,693 STAFF. AND AS CHAIR STRAUSS SET 3720 02:07:47,693 --> 02:07:51,363 UP, I AM GOING TO BE REVIEWING 3721 02:07:51,363 --> 02:07:51,997 TRANSMITTED LEGISLATION FROM THE 3722 02:07:51,997 --> 02:07:53,966 MAYOR'S OFFICE THAT WOULD 3723 02:07:53,966 --> 02:07:55,834 AUTHORIZE THE DIRECTOR OF THE 3724 02:07:55,834 --> 02:07:57,569 SEATTLE DEPARTMENT OF HUMAN 3725 02:07:57,569 --> 02:07:59,872 RESOURCES TO OFFER A VOLUNTARY 3726 02:07:59,872 --> 02:08:02,341 EARLY SEPARATION PROGRAM, 3727 02:08:02,341 --> 02:08:06,512 OTHERWISE KNOWN AS AN EARLY 3728 02:08:06,512 --> 02:08:07,946 RETIREMENT INCENTIVE. AS 3729 02:08:07,946 --> 02:08:09,782 BACKGROUND, THE CITY MAY OFFER 3730 02:08:09,782 --> 02:08:12,551 SUCH PROGRAMS TO ALLOW EMPLOYEES 3731 02:08:12,551 --> 02:08:15,120 MORE FLEXIBILITY IN CHOOSING 3732 02:08:15,120 --> 02:08:16,989 WHEN TO RETIRE AND TO ALSO 3733 02:08:16,989 --> 02:08:18,991 REDUCE LONG TERM LABOR COSTS. 3734 02:08:18,991 --> 02:08:20,926 PREVIOUSLY, THE CITY OFFERED 3735 02:08:20,926 --> 02:08:23,962 SUCH PROGRAMS. IN 2002 AND 1996 3736 02:08:23,962 --> 02:08:25,297 TO MITIGATE LAYOFFS AND 3737 02:08:25,297 --> 02:08:28,100 REDUCTIONS. IN THE FOLLOWING 3738 02:08:28,100 --> 02:08:29,968 YEAR, THE 2002 PROGRAM OFFERED 3739 02:08:29,968 --> 02:08:32,237 EIGHT WEEKS OF PAY AS AN 3740 02:08:32,237 --> 02:08:34,173 INCENTIVE THAT COULD BE RECEIVED 3741 02:08:34,173 --> 02:08:36,408 AS A LUMP SUM, OR IN COMBINATION 3742 02:08:36,408 --> 02:08:38,610 OR ALONE, AS APPLIED TOWARD THE 3743 02:08:38,610 --> 02:08:40,179 PURCHASE OF UP TO FOUR YEARS OF 3744 02:08:40,179 --> 02:08:42,281 RETIREMENT. CREDIT CONTRIBUTED 3745 02:08:42,281 --> 02:08:44,850 TO A DEFERRED COMPENSATION 3746 02:08:44,850 --> 02:08:45,818 PROGRAM OR APPLIED TOWARD THE 3747 02:08:45,818 --> 02:08:48,487 PURCHASE OF UP TO 18 MONTHS OF 3748 02:08:48,487 --> 02:08:50,989 HEALTH CARE AT THE CITY'S COBRA 3749 02:08:50,989 --> 02:08:53,559 RATE. THE 1996 PROGRAM OFFERED 3750 02:08:53,559 --> 02:08:55,227 PAYMENT OF ONE WEEK'S SALARY 3751 02:08:55,227 --> 02:08:56,829 MULTIPLIED BY YEARS OF SERVICE, 3752 02:08:56,829 --> 02:09:00,799 NOT TO EXCEED $30,000. IT ALSO 3753 02:09:00,799 --> 02:09:03,769 ESTABLISHED A SENIORITY SYSTEM 3754 02:09:03,769 --> 02:09:05,370 FOR CONSIDERING APPLICATIONS IN 3755 02:09:05,370 --> 02:09:07,906 CASE MORE EMPLOYEES REQUESTED TO 3756 02:09:07,906 --> 02:09:08,440 PARTICIPATE THAN COULD BE 3757 02:09:08,440 --> 02:09:11,009 ACCOMMODATED. COUNCIL APPROVED 3758 02:09:11,009 --> 02:09:14,546 THESE PROGRAMS IN THE SUMMER 3759 02:09:14,546 --> 02:09:15,948 BEFORE OR KIND OF CONCURRENT 3760 02:09:15,948 --> 02:09:18,450 WITH THE INITIAL APPLICATION 3761 02:09:18,450 --> 02:09:20,719 PERIODS, BECAUSE IN THOSE 3762 02:09:20,719 --> 02:09:22,621 INSTANCES, THE CITY HR DIRECTOR 3763 02:09:22,621 --> 02:09:24,289 WAS NOT PREVIOUSLY DELEGATED 3764 02:09:24,289 --> 02:09:26,592 AUTHORITY TO DEVELOP THESE 3765 02:09:26,592 --> 02:09:31,296 PROGRAMS. IT WAS TRANSMITTED AS 3766 02:09:31,296 --> 02:09:33,465 REGULAR LEGISLATION. THIS 3767 02:09:33,465 --> 02:09:34,032 LEGISLATION WOULD AMEND THE 3768 02:09:34,032 --> 02:09:36,635 SEATTLE MUNICIPAL CODE 4.36. 3769 02:09:36,635 --> 02:09:37,703 THAT'S THE SECTION OF THE CODE 3770 02:09:37,703 --> 02:09:40,038 THAT GOVERNS THE SEATTLE CITY 3771 02:09:40,038 --> 02:09:42,474 EMPLOYEES RETIREMENT SYSTEM. TO 3772 02:09:42,474 --> 02:09:44,443 DELEGATE THAT AUTHORITY ON A 3773 02:09:44,443 --> 02:09:46,411 PERMANENT BASIS TO THE HR 3774 02:09:46,411 --> 02:09:48,780 DIRECTOR TO OFFER ELIGIBLE 3775 02:09:48,780 --> 02:09:50,482 EMPLOYEES. SO THIS WOULDN'T 3776 02:09:50,482 --> 02:09:52,518 COVER DEPARTMENT HEADS OR 3777 02:09:52,518 --> 02:09:54,453 TEMPORARY STAFF. IT WOULD 3778 02:09:54,453 --> 02:09:56,788 AUTHORIZE THE DIRECTOR TO OFFER 3779 02:09:56,788 --> 02:09:57,422 A VOLUNTARY EARLY SEPARATION TO 3780 02:09:57,422 --> 02:09:59,191 THOSE ELIGIBLE EMPLOYEES. IT 3781 02:09:59,191 --> 02:10:01,059 WOULD BE SUBJECT TO CERTAIN 3782 02:10:01,059 --> 02:10:03,796 CRITERIA, CERTAIN PARAMETERS, 3783 02:10:03,796 --> 02:10:06,298 BUT NOT SETTING THE SUBSTANTIVE 3784 02:10:06,298 --> 02:10:06,932 DETAILS. AND AS I MENTIONED 3785 02:10:06,932 --> 02:10:08,767 BEFORE, THIS WOULD BE A 3786 02:10:08,767 --> 02:10:09,268 PERMANENT DELEGATION OF 3787 02:10:09,268 --> 02:10:10,869 AUTHORITY. SO NOT JUST LIMITED 3788 02:10:10,869 --> 02:10:14,173 TO DEVELOPING A PROGRAM FOR 3789 02:10:14,173 --> 02:10:19,011 2027. THE HR DIRECTOR WOULD BE 3790 02:10:19,011 --> 02:10:20,913 REQUIRED TO COORDINATE WITH 3791 02:10:20,913 --> 02:10:22,080 CERTAIN CITY OFFICIALS. THE 3792 02:10:22,080 --> 02:10:24,249 DIRECTOR OF SIRS, DIRECTOR OF 3793 02:10:24,249 --> 02:10:26,552 FINANCE, DIRECTOR OF FINANCE AND 3794 02:10:26,552 --> 02:10:28,487 ADMINISTRATIVE SERVICES AND THE 3795 02:10:28,487 --> 02:10:30,088 CITY BUDGET DIRECTOR. THE 3796 02:10:30,088 --> 02:10:32,958 DIRECTOR WOULD ALSO NEED TO MAKE 3797 02:10:32,958 --> 02:10:33,525 CERTAIN PROGRAM INFORMATION 3798 02:10:33,525 --> 02:10:35,127 AVAILABLE TO EMPLOYEES FOR AT 3799 02:10:35,127 --> 02:10:36,795 LEAST 30 DAYS BEFORE THE PROGRAM 3800 02:10:36,795 --> 02:10:40,132 ENROLLMENT ENDED, INCLUDING 3801 02:10:40,132 --> 02:10:42,467 ELIGIBILITY CRITERIA, OPT IN 3802 02:10:42,467 --> 02:10:44,903 INSTRUCTIONS, DESCRIPTION OF THE 3803 02:10:44,903 --> 02:10:46,371 INCENTIVE AND EXPLANATION OF 3804 02:10:46,371 --> 02:10:48,040 IMPACTS ON HEALTH INSURANCE AND 3805 02:10:48,040 --> 02:10:49,541 OTHER BENEFITS. IF COUNCIL DOES 3806 02:10:49,541 --> 02:10:52,144 NOT APPROVE THIS LEGISLATION, 3807 02:10:52,144 --> 02:10:54,246 THE HR DIRECTOR COULD STILL 3808 02:10:54,246 --> 02:10:56,682 DEVELOP A VOLUNTARY EARLY 3809 02:10:56,682 --> 02:10:58,517 SEPARATION PROGRAM WITHIN ITS 3810 02:10:58,517 --> 02:10:59,718 CURRENT DELEGATED AUTHORITY, BUT 3811 02:10:59,718 --> 02:11:01,653 WOULD BE REQUIRED TO TRANSMIT IT 3812 02:11:01,653 --> 02:11:03,188 TO COUNCIL FOR APPROVAL TO OFFER 3813 02:11:03,188 --> 02:11:09,228 AND IMPLEMENT IT. AS FAR AS 3814 02:11:09,228 --> 02:11:12,164 FISCAL IMPACTS SIMILAR TO OTHER 3815 02:11:12,164 --> 02:11:12,731 PERSONNEL LEGISLATION THAT 3816 02:11:12,731 --> 02:11:13,398 YOU'VE CONSIDERED IN THE PAST, 3817 02:11:13,398 --> 02:11:16,134 THERE WOULD NOT BE DIRECT 3818 02:11:16,134 --> 02:11:18,403 FINANCIAL IMPACTS FROM THIS 3819 02:11:18,403 --> 02:11:20,839 LEGISLATION AS IT AUTHORIZES, 3820 02:11:20,839 --> 02:11:22,507 AUTHORIZES BUT DOES NOT REQUIRE 3821 02:11:22,507 --> 02:11:24,076 THE S D HR DIRECTOR TO OFFER 3822 02:11:24,076 --> 02:11:26,878 THIS TYPE OF PROGRAM, NOR DOES 3823 02:11:26,878 --> 02:11:28,680 IT ESTABLISH THE SUBSTANTIVE 3824 02:11:28,680 --> 02:11:30,315 DETAILS OF THIS TYPE OF PROGRAM. 3825 02:11:30,315 --> 02:11:31,516 FOR EXAMPLE, THE AMOUNT AND THE 3826 02:11:31,516 --> 02:11:35,821 TYPE OF PAYOUT. HOWEVER, 3827 02:11:35,821 --> 02:11:36,455 IMPLEMENTATION COULD BOTH INCUR 3828 02:11:36,455 --> 02:11:38,223 ADMINISTRATIVE COSTS AND 3829 02:11:38,223 --> 02:11:40,792 POTENTIALLY RESULT IN LONG TERM 3830 02:11:40,792 --> 02:11:42,461 SAVINGS. WHILE THE EXECUTIVE HAS 3831 02:11:42,461 --> 02:11:44,863 NOT SHARED SUBSTANTIVE DETAILS 3832 02:11:44,863 --> 02:11:46,298 OF A 2027 PROGRAM, THE CITY 3833 02:11:46,298 --> 02:11:48,500 BUDGET OFFICE HAS FLOATED AN 3834 02:11:48,500 --> 02:11:52,037 ESTIMATED COST OF AROUND $8.8 3835 02:11:52,037 --> 02:11:53,672 MILLION. THAT WOULD BE 6.5 3836 02:11:53,672 --> 02:11:57,109 MILLION FOR THE INCENTIVE 3837 02:11:57,109 --> 02:11:58,944 PAYOUTS AND 2.3 MILLION FOR SICK 3838 02:11:58,944 --> 02:12:01,813 LEAVE AND VACATION LEAVE PAYOUTS 3839 02:12:01,813 --> 02:12:04,082 ABOVE NORMAL. THE PROGRAM WOULD 3840 02:12:04,082 --> 02:12:05,484 ALSO IMPACT THE RETIREMENT 3841 02:12:05,484 --> 02:12:07,286 DEPARTMENT, AS IT COULD HAVE AS 3842 02:12:07,286 --> 02:12:09,821 MUCH AS FOUR TIMES AS MUCH WORK 3843 02:12:09,821 --> 02:12:12,624 BETWEEN THE APPLICATION AND 3844 02:12:12,624 --> 02:12:14,126 SEPARATION PERIODS. CBO BELIEVES 3845 02:12:14,126 --> 02:12:16,395 THAT DEPARTMENTS WOULD HAVE 3846 02:12:16,395 --> 02:12:16,995 SUFFICIENT VACANCY SAVINGS TO 3847 02:12:16,995 --> 02:12:17,963 AFFORD THESE PAYOUTS, AND THAT 3848 02:12:17,963 --> 02:12:21,900 NO ADDITIONAL APPROPRIATION 3849 02:12:21,900 --> 02:12:24,369 AUTHORITY WOULD BE NEEDED AFTER 3850 02:12:24,369 --> 02:12:24,836 ACCOUNTING FOR THESE 3851 02:12:24,836 --> 02:12:26,338 ADMINISTRATIVE COSTS. SAVINGS 3852 02:12:26,338 --> 02:12:28,774 COULD RESULT FROM VACATED 3853 02:12:28,774 --> 02:12:31,276 POSITIONS THAT REMAIN OPEN OR 3854 02:12:31,276 --> 02:12:34,313 ARE FILLED BY NEW EMPLOYEES AT A 3855 02:12:34,313 --> 02:12:36,982 LOWER COST. VACATED POSITIONS 3856 02:12:36,982 --> 02:12:38,517 COULD ALSO BE UNFUNDED OR 3857 02:12:38,517 --> 02:12:41,053 REMOVED BY COUNCIL IN A FUTURE 3858 02:12:41,053 --> 02:12:43,388 BUDGET PROCESS. CBO DOES NOT 3859 02:12:43,388 --> 02:12:44,723 ANTICIPATE SAVINGS FROM THIS 3860 02:12:44,723 --> 02:12:46,525 TYPE OF PROGRAM IN 2027 DUE TO 3861 02:12:46,525 --> 02:12:49,695 THE COST OF PAYOUTS, BUT IN 2028 3862 02:12:49,695 --> 02:12:52,064 AND BEYOND, CBO AIMS TO SAVE 3863 02:12:52,064 --> 02:12:54,333 AROUND $8 MILLION GENERAL FUND 3864 02:12:54,333 --> 02:12:57,402 PER YEAR. ONGOING. AND AS FAR AS 3865 02:12:57,402 --> 02:12:59,671 SOME OF THE DETAILS THAT AREN'T 3866 02:12:59,671 --> 02:13:01,974 INCLUDED IN THE MEMO, CITY 3867 02:13:01,974 --> 02:13:05,177 BUDGET OFFICE HAS CALCULATED 3868 02:13:05,177 --> 02:13:06,878 THAT ABOUT 1350 EMPLOYEES WOULD 3869 02:13:06,878 --> 02:13:11,283 BE ELIGIBLE FOR RETIREMENT IN 3870 02:13:11,283 --> 02:13:13,318 2027. ABOUT 169 OF THESE 3871 02:13:13,318 --> 02:13:15,921 EMPLOYEES COULD RETIRE WITHOUT 3872 02:13:15,921 --> 02:13:17,556 AN INCENTIVE, WITH AN ADDITIONAL 3873 02:13:17,556 --> 02:13:19,024 INCENTIVE. WE DON'T YET KNOW 3874 02:13:19,024 --> 02:13:23,195 WHAT IT IS. CBO ESTIMATES THAT 3875 02:13:23,195 --> 02:13:25,897 279 EMPLOYEES COULD RETIRE, 3876 02:13:25,897 --> 02:13:28,467 MEANING THAT THE INCENTIVE IN 3877 02:13:28,467 --> 02:13:30,369 THE INCENTIVE COULD RESULT IN 3878 02:13:30,369 --> 02:13:33,338 110 MORE RETIREMENTS IN CBO 3879 02:13:33,338 --> 02:13:35,407 BASED THESE CALCULATIONS ON 3880 02:13:35,407 --> 02:13:35,974 THEIR ANALYSIS OF THE 2002 3881 02:13:35,974 --> 02:13:38,176 RETIREMENT INCENTIVE PROGRAM AND 3882 02:13:38,176 --> 02:13:40,178 SIMILAR SIMILAR PROGRAMS AND 3883 02:13:40,178 --> 02:13:42,381 OTHER JURISDICTIONS. ALSO WORTH 3884 02:13:42,381 --> 02:13:44,683 NOTING THAT CBO ACKNOWLEDGES 3885 02:13:44,683 --> 02:13:46,952 THAT THE INCENTIVE WOULD 3886 02:13:46,952 --> 02:13:49,488 ULTIMATELY PAY OUT EMPLOYEES WHO 3887 02:13:49,488 --> 02:13:51,323 ALREADY PLAN TO RETIRE ANYWAY. 3888 02:13:51,323 --> 02:13:54,059 HOWEVER, THE GOAL IS TO ADVANCE 3889 02:13:54,059 --> 02:13:56,128 SOME 2028 AND 2029 RETIREMENTS 3890 02:13:56,128 --> 02:14:03,235 AHEAD OF TIME FOR A ONE TIME 3891 02:14:03,235 --> 02:14:05,771 BUMP IN VACANCIES. AS FAR AS 3892 02:14:05,771 --> 02:14:06,338 POLICY CONSIDERATIONS, THE 3893 02:14:06,338 --> 02:14:09,441 BENEFIT OF HAVING THE HR 3894 02:14:09,441 --> 02:14:11,176 DIRECTOR HAVE AUTHORITY TO 3895 02:14:11,176 --> 02:14:13,478 DEVELOP THIS TYPE OF PROGRAM IS 3896 02:14:13,478 --> 02:14:15,747 THAT THE EXECUTIVE COULD 3897 02:14:15,747 --> 02:14:16,248 POTENTIALLY DEVELOP AND 3898 02:14:16,248 --> 02:14:18,116 IMPLEMENT IT ON A FASTER 3899 02:14:18,116 --> 02:14:19,651 TIMELINE, AND WOULD HAVE MORE 3900 02:14:19,651 --> 02:14:22,320 FLEXIBILITY IN MEETING 3901 02:14:22,320 --> 02:14:22,888 BARGAINING REQUIREMENTS FOR 3902 02:14:22,888 --> 02:14:24,623 REPRESENTED EMPLOYEES. THE TRADE 3903 02:14:24,623 --> 02:14:27,292 OFF IS THAT COUNCIL WOULD NOT BE 3904 02:14:27,292 --> 02:14:28,593 INVOLVED IN DEVELOPMENT OF THE 3905 02:14:28,593 --> 02:14:31,563 PROGRAM. FOR EXAMPLE, THROUGH 3906 02:14:31,563 --> 02:14:33,965 THE SELECT LABOR COMMITTEE'S 3907 02:14:33,965 --> 02:14:34,533 CONSIDERATION OF BARGAINING 3908 02:14:34,533 --> 02:14:35,867 PARAMETERS, IF THAT IS 3909 02:14:35,867 --> 02:14:37,402 APPLICABLE. THERE ARE SOME LEGAL 3910 02:14:37,402 --> 02:14:38,670 CONSIDERATIONS THERE. SO IF YOU 3911 02:14:38,670 --> 02:14:40,205 WOULD LIKE TO DISCUSS THAT 3912 02:14:40,205 --> 02:14:43,041 FURTHER, I'M HAPPY TO DO THAT 3913 02:14:43,041 --> 02:14:45,077 OFFLINE. AND COUNCIL ALSO MIGHT 3914 02:14:45,077 --> 02:14:47,979 HAVE NOTICE OF A SEPARATION 3915 02:14:47,979 --> 02:14:49,247 PROGRAM UNTIL THE DIRECTOR'S 3916 02:14:49,247 --> 02:14:51,917 FORMAL ANNOUNCEMENT, BECAUSE NO 3917 02:14:51,917 --> 02:14:52,851 LEGISLATION WOULD BE REQUIRED TO 3918 02:14:52,851 --> 02:14:54,886 OFFER AND IMPLEMENT IT. 3919 02:14:54,886 --> 02:14:56,855 SOMETHING TO CONSIDER IS THAT 3920 02:14:56,855 --> 02:15:00,158 THE LEGISLATION COULD BE AMENDED 3921 02:15:00,158 --> 02:15:02,694 TO FORMALLY REQUIRE SOME NOTICE 3922 02:15:02,694 --> 02:15:04,496 TO COUNCIL BEFORE THE HR 3923 02:15:04,496 --> 02:15:05,096 DIRECTOR WOULD IMPLEMENT THE 3924 02:15:05,096 --> 02:15:06,465 PROGRAM. THAT COULD TAKE A 3925 02:15:06,465 --> 02:15:10,502 VARIETY OF OF FORMATS. IT COULD 3926 02:15:10,502 --> 02:15:11,803 REQUIRE THE DIRECTOR TO CONSULT 3927 02:15:11,803 --> 02:15:14,139 WITH THE BUDGET CHAIR PRIOR TO 3928 02:15:14,139 --> 02:15:15,907 IMPLEMENTATION. THAT COULD BE AN 3929 02:15:15,907 --> 02:15:17,342 OFFLINE MEETING. THERE COULD BE 3930 02:15:17,342 --> 02:15:18,877 A REQUIREMENT FOR A PUBLIC 3931 02:15:18,877 --> 02:15:20,645 BRIEFING ON THE DRAFT PROGRAM 3932 02:15:20,645 --> 02:15:22,380 BEFORE IT IS OFFERED TO THE 3933 02:15:22,380 --> 02:15:23,782 APPROPRIATE COUNCIL COMMITTEE OR 3934 02:15:23,782 --> 02:15:25,317 TO THE COUNCIL AT LARGE FOR A 3935 02:15:25,317 --> 02:15:26,785 FULL COUNCIL BRIEFING. THE TRADE 3936 02:15:26,785 --> 02:15:28,386 OFF OF THESE REQUIREMENTS COULD 3937 02:15:28,386 --> 02:15:30,622 BE A SLOWER PROCESS THAT DELAYS 3938 02:15:30,622 --> 02:15:31,823 THE DIRECTOR'S INTENDED 3939 02:15:31,823 --> 02:15:33,558 TIMELINE, SO THERE ARE SOME 3940 02:15:33,558 --> 02:15:35,193 THINGS TO CONSIDER WITH ADDING 3941 02:15:35,193 --> 02:15:38,096 SOME LEVEL OF FORMAL NOTICE TO 3942 02:15:38,096 --> 02:15:42,434 THE LEGISLATION NEXT IS A 3943 02:15:42,434 --> 02:15:44,836 POTENTIAL PROVISO, WHICH COULD 3944 02:15:44,836 --> 02:15:46,371 BE IMPLEMENTED SEPARATE FROM 3945 02:15:46,371 --> 02:15:48,907 THIS LEGISLATION ON THE ENTIRE 3946 02:15:48,907 --> 02:15:50,408 BUDGET TO RESTRICT THE EXECUTIVE 3947 02:15:50,408 --> 02:15:52,511 SPENDING ON A VOLUNTARY EARLY 3948 02:15:52,511 --> 02:15:53,145 SEPARATION PROGRAM. AN EXAMPLE 3949 02:15:53,145 --> 02:15:56,214 OF THAT KIND OF PROVISO IS THAT 3950 02:15:56,214 --> 02:15:57,649 IT COULD LIMIT THE AMOUNT OF 3951 02:15:57,649 --> 02:16:00,685 MONEY SPENT ON PAYOUTS TO 3952 02:16:00,685 --> 02:16:03,355 IMPLEMENT THE VOLUNTARY EARLY 3953 02:16:03,355 --> 02:16:05,457 SEPARATION PROGRAM IN THE 3954 02:16:05,457 --> 02:16:07,926 FOLLOWING YEAR'S BUDGET, THE 3955 02:16:07,926 --> 02:16:09,394 BENEFIT OF THAT IS THAT CREATE 3956 02:16:09,394 --> 02:16:10,762 SOME CERTAINTY ON THE BUDGET. 3957 02:16:10,762 --> 02:16:12,163 THE TRADE OFF IS THAT IT 3958 02:16:12,163 --> 02:16:14,666 ACTUALLY COULD END UP LIMITING 3959 02:16:14,666 --> 02:16:15,967 THE AMOUNT OF PAYOUTS TO 3960 02:16:15,967 --> 02:16:18,103 EMPLOYEES, WHICH COULD RESULT IN 3961 02:16:18,103 --> 02:16:20,472 FEWER EARLY SEPARATIONS. SO 3962 02:16:20,472 --> 02:16:22,107 AGAIN, MORE THINGS TO CONSIDER 3963 02:16:22,107 --> 02:16:25,310 THERE. IT IS AN EXAMPLE OF HOW 3964 02:16:25,310 --> 02:16:25,844 COUNCIL COULD ASSERT ITS 3965 02:16:25,844 --> 02:16:28,480 AUTHORITY IN THIS TYPE OF 3966 02:16:28,480 --> 02:16:30,015 SITUATION. LAST, SOMETHING THAT 3967 02:16:30,015 --> 02:16:30,815 IS NOT MENTIONED IN THE MEMO AND 3968 02:16:30,815 --> 02:16:35,720 IN THIS PRESENTATION IS THAT IF 3969 02:16:35,720 --> 02:16:36,354 COUNCIL'S PRIORITIES MORE FOR 3970 02:16:36,354 --> 02:16:38,123 TEMPORARY DELEGATION OF 3971 02:16:38,123 --> 02:16:40,191 AUTHORITY, THERE COULD BE 3972 02:16:40,191 --> 02:16:41,560 LEGISLATION AND ORDINANCE 3973 02:16:41,560 --> 02:16:44,829 SEPARATE FROM THIS ONE. THAT 3974 02:16:44,829 --> 02:16:46,298 DOESN'T PERMANENTLY AMEND THE 3975 02:16:46,298 --> 02:16:48,567 SEATTLE MUNICIPAL CODE, BUT 3976 02:16:48,567 --> 02:16:49,200 GIVES A DELEGATION OF AUTHORITY 3977 02:16:49,200 --> 02:16:51,903 TO DEVELOP AN OFFER OF PROGRAM 3978 02:16:51,903 --> 02:16:53,471 SOLELY FOR 2027, AND THAT COULD 3979 02:16:53,471 --> 02:16:56,308 BE CONSIDERED AS BUDGET 3980 02:16:56,308 --> 02:16:59,844 LEGISLATION SO THAT IS THE END 3981 02:16:59,844 --> 02:17:02,447 OF MY PRESENTATION. 3982 02:17:02,447 --> 02:17:05,650 -- THANK YOU. KARINA REAL QUICK 3983 02:17:05,650 --> 02:17:07,085 AND DEBRIEF THIS PROGRAM, IF 3984 02:17:07,085 --> 02:17:08,820 IMPLEMENTED, WOULD COST MORE 3985 02:17:08,820 --> 02:17:11,189 MONEY UP FRONT, BUT COULD 3986 02:17:11,189 --> 02:17:13,325 ACHIEVE LONG TERM SAVINGS. IS 3987 02:17:13,325 --> 02:17:13,692 THAT ACCURATE? 3988 02:17:13,692 --> 02:17:15,694 -- ACCURATE, CITY BUDGET OFFICE 3989 02:17:15,694 --> 02:17:17,162 IS SAYING $8 MILLION SAVINGS OF 3990 02:17:17,162 --> 02:17:21,132 GENERAL FUND ONGOING. AFTER 3991 02:17:21,132 --> 02:17:23,568 RIGHT. SO NOT NOT JUST 2028. IT 3992 02:17:23,568 --> 02:17:25,036 WOULD BE THEREAFTER. 3993 02:17:25,036 --> 02:17:26,671 -- SO IT IS MORE EXPENSIVE TO 3994 02:17:26,671 --> 02:17:29,207 IMPLEMENT NOW, BUT HELPS IN THE 3995 02:17:29,207 --> 02:17:30,709 LONG RUN. I WILL JUST SAY THAT 3996 02:17:30,709 --> 02:17:32,544 THIS HAS BEEN SOMETHING THAT HAS 3997 02:17:32,544 --> 02:17:36,047 BEEN IMPORTANT FOR ME, THAT WE 3998 02:17:36,047 --> 02:17:38,617 AT LEAST CONSIDER, BECAUSE IF 3999 02:17:38,617 --> 02:17:39,751 OUR FISCAL SITUATION IS SO BAD 4000 02:17:39,751 --> 02:17:41,820 THAT WE'RE LAYING OFF CITY 4001 02:17:41,820 --> 02:17:47,025 EMPLOYEES, WE NEED TO BE WE NEED 4002 02:17:47,025 --> 02:17:47,892 TO HAVE THIS ON THE TABLE AS 4003 02:17:47,892 --> 02:17:50,762 WELL, IS THE BEST WAY I CAN SAY 4004 02:17:50,762 --> 02:17:52,163 IT. SO COLLEAGUES QUESTIONS I 4005 02:17:52,163 --> 02:17:55,333 SEE COUNCILMEMBER LIN FOLLOWED 4006 02:17:55,333 --> 02:17:55,634 BY RIVERA. 4007 02:17:55,634 --> 02:18:00,839 -- JUST IN TERMS OF TIMING. I'M 4008 02:18:00,839 --> 02:18:01,973 ASSUMING THIS TYPE OF PROGRAM 4009 02:18:01,973 --> 02:18:04,075 YOU HAVE A TIME LIMITATION TO 4010 02:18:04,075 --> 02:18:05,243 IT. OTHERWISE IT JUST KIND OF 4011 02:18:05,243 --> 02:18:07,879 BECOMES PART OF YOUR STANDARD 4012 02:18:07,879 --> 02:18:08,980 RETIREMENT AND THAT YOU'RE 4013 02:18:08,980 --> 02:18:10,382 TRYING TO INCENTIVIZE SORT OF 4014 02:18:10,382 --> 02:18:11,716 THE EARLY RETIREMENT. SO THERE 4015 02:18:11,716 --> 02:18:14,653 MUST BE SOME PRESUMABLY END DATE 4016 02:18:14,653 --> 02:18:19,157 TO WHEN YOU STOP OFFERING THE 4017 02:18:19,157 --> 02:18:19,557 EARLY RETIREMENT. 4018 02:18:19,557 --> 02:18:21,059 -- IN IMPLEMENTATION. YES, THERE 4019 02:18:21,059 --> 02:18:22,994 WOULD BE AN END DATE. IT'S NOT 4020 02:18:22,994 --> 02:18:23,995 IN THIS LEGISLATION BECAUSE THAT 4021 02:18:23,995 --> 02:18:26,931 WOULD BE SOMETHING THAT THE 4022 02:18:26,931 --> 02:18:28,667 EXECUTIVE WOULD BAKE INTO THEIR 4023 02:18:28,667 --> 02:18:30,535 PROGRAM. WHEN THEY ROLL IT OUT. 4024 02:18:30,535 --> 02:18:33,238 I CAN IMAGINE THAT, AS HAPPENED 4025 02:18:33,238 --> 02:18:34,439 IN PREVIOUS SEPARATION PROGRAMS, 4026 02:18:34,439 --> 02:18:36,141 THERE'S AN INITIAL APPLICATION 4027 02:18:36,141 --> 02:18:37,475 PERIOD THAT COULD BE ANYWHERE 4028 02:18:37,475 --> 02:18:39,344 FROM TWO WEEKS TO 30 DAYS OR 4029 02:18:39,344 --> 02:18:43,348 LONGER. AND AND THEN THAT IS 4030 02:18:43,348 --> 02:18:43,915 WHEN EMPLOYEES VOICE THEIR 4031 02:18:43,915 --> 02:18:44,516 INTEREST. I WOULD LIKE TO BE 4032 02:18:44,516 --> 02:18:47,085 CONSIDERED FOR THIS PROGRAM AND 4033 02:18:47,085 --> 02:18:48,987 MY ELIGIBLE. AND THEN AFTER THAT 4034 02:18:48,987 --> 02:18:52,524 PERIOD, THEN SIRS WOULD GET TO 4035 02:18:52,524 --> 02:18:52,991 WORK ON MAKING THOSE 4036 02:18:52,991 --> 02:18:54,259 DETERMINATIONS AND MEETING WITH 4037 02:18:54,259 --> 02:18:55,994 THE EMPLOYEES. AND THEN THERE 4038 02:18:55,994 --> 02:18:58,029 WOULD BE A FORMAL PERIOD WHERE 4039 02:18:58,029 --> 02:18:59,264 THE EMPLOYEE, IF ACCEPTED INTO 4040 02:18:59,264 --> 02:19:01,666 IT, THEY WOULD HAVE TO DECLARE 4041 02:19:01,666 --> 02:19:03,635 THEIR INTENTION TO ACTUALLY 4042 02:19:03,635 --> 02:19:04,736 RETIRE BY A CERTAIN DATE. AND SO 4043 02:19:04,736 --> 02:19:07,439 IT WOULD BE UP TO THE EXECUTIVE 4044 02:19:07,439 --> 02:19:08,606 TO DECIDE WHEN THAT DATE WOULD 4045 02:19:08,606 --> 02:19:13,311 BE. IF IT'S BEFORE THE BUDGET, 4046 02:19:13,311 --> 02:19:15,146 THEN THE EXECUTIVE COULD INCLUDE 4047 02:19:15,146 --> 02:19:17,215 THOSE SAVINGS IN THE BUDGET THAT 4048 02:19:17,215 --> 02:19:18,683 IS TRANSMITTED TO COUNCIL. AND I 4049 02:19:18,683 --> 02:19:22,520 WILL ADD THAT FOR EMPLOYEES WHO 4050 02:19:22,520 --> 02:19:24,355 CHOOSE TO APPLY TO THE PROGRAM 4051 02:19:24,355 --> 02:19:24,989 DURING THE INITIAL APPLICATION 4052 02:19:24,989 --> 02:19:25,623 PERIOD, THEY'RE NOT HELD TO 4053 02:19:25,623 --> 02:19:27,559 THAT. IT'S JUST THEM VOICING 4054 02:19:27,559 --> 02:19:29,627 THEIR INTEREST. AND THEN THE 4055 02:19:29,627 --> 02:19:32,731 FORMAL DECISION, WHICH WOULD BE 4056 02:19:32,731 --> 02:19:34,432 IRREVOCABLE, WOULD HAPPEN LATER 4057 02:19:34,432 --> 02:19:36,034 ON IN THE YEAR. AND THEN IN THE 4058 02:19:36,034 --> 02:19:39,838 PREVIOUS PROGRAMS, THERE WAS A 4059 02:19:39,838 --> 02:19:40,805 TWO YEAR PROHIBITION FROM FOR 4060 02:19:40,805 --> 02:19:44,409 COMING BACK TO THE CITY FOR 4061 02:19:44,409 --> 02:19:44,976 EMPLOYMENT AFTER RETIRING. 4062 02:19:44,976 --> 02:19:47,245 -- GOT IT. THANK YOU, DEPUTY 4063 02:19:47,245 --> 02:19:47,512 DIRECTOR. 4064 02:19:47,512 --> 02:19:48,847 -- YEAH, I JUST WANTED TO ADD 4065 02:19:48,847 --> 02:19:51,716 THAT, YOU KNOW, IT CREATES THE 4066 02:19:51,716 --> 02:19:52,817 POTENTIAL FOR SAVINGS, BUT IT 4067 02:19:52,817 --> 02:19:54,819 MEANS THAT YOU HAVE TO GIVE UP 4068 02:19:54,819 --> 02:19:56,354 THAT THAT POSITION IN THE LONGER 4069 02:19:56,354 --> 02:19:57,489 RUN TO ACTUALLY ACHIEVE THOSE IN 4070 02:19:57,489 --> 02:20:00,625 THE LONG TERM. SO, YOU KNOW, IT 4071 02:20:00,625 --> 02:20:02,660 IS LARGELY TALKING ABOUT GIVING 4072 02:20:02,660 --> 02:20:03,695 THAT SPACE. AND THEN THOSE 4073 02:20:03,695 --> 02:20:04,596 DECISIONS WILL HAVE TO COME 4074 02:20:04,596 --> 02:20:06,831 FORWARD IN FUTURE BUDGET YEARS 4075 02:20:06,831 --> 02:20:07,098 AS WELL. 4076 02:20:07,098 --> 02:20:08,466 -- ONE THING I'LL POINT OUT IS 4077 02:20:08,466 --> 02:20:12,771 THAT THE CITY BUDGET OFFICE IS, 4078 02:20:12,771 --> 02:20:14,739 IS FRAMING THIS NOT NECESSARILY 4079 02:20:14,739 --> 02:20:16,741 AS GIVING UP THAT POSITION. 4080 02:20:16,741 --> 02:20:19,244 IT'S THE WAY I'M HEARING IT 4081 02:20:19,244 --> 02:20:21,980 DESCRIBED AS CREATING 4082 02:20:21,980 --> 02:20:23,415 OPPORTUNITY TO REMOVE THAT 4083 02:20:23,415 --> 02:20:24,783 POSITION, BUT ALSO TO HAVE THE 4084 02:20:24,783 --> 02:20:26,317 POSITION FILLED BY A NEW 4085 02:20:26,317 --> 02:20:28,052 EMPLOYEE, WHICH COULD BE SOMEONE 4086 02:20:28,052 --> 02:20:29,721 THAT IS PAID LESS THAN THE 4087 02:20:29,721 --> 02:20:31,523 INCUMBENT RIGHT NOW. SO IT 4088 02:20:31,523 --> 02:20:34,159 THERE'S DIFFERENT OPPORTUNITIES 4089 02:20:34,159 --> 02:20:38,196 HERE WITH THE WITH THE EARLY 4090 02:20:38,196 --> 02:20:38,530 RETIREMENTS. 4091 02:20:38,530 --> 02:20:39,764 -- AND WHEN WE'VE DONE THIS IN 4092 02:20:39,764 --> 02:20:41,132 THE PAST, OR DO YOU KNOW, IF 4093 02:20:41,132 --> 02:20:42,600 THERE'S ANY THINKING ABOUT IS 4094 02:20:42,600 --> 02:20:44,636 THIS CITYWIDE OR IS IT BY 4095 02:20:44,636 --> 02:20:46,838 DEPARTMENT 4096 02:20:46,838 --> 02:20:48,072 -- YEAH, THOSE ARE THE SORTS OF 4097 02:20:48,072 --> 02:20:48,706 DETAILS THAT WE DON'T KNOW, 4098 02:20:48,706 --> 02:20:51,142 BECAUSE IT WOULD BE UP TO THE HR 4099 02:20:51,142 --> 02:20:53,344 DIRECTOR TO DECIDE, IS THIS JUST 4100 02:20:53,344 --> 02:20:54,946 A RETIREMENT PROGRAM FOR ONE 4101 02:20:54,946 --> 02:20:56,247 DEPARTMENT OR THE FULL CITY? I 4102 02:20:56,247 --> 02:20:58,616 IMAGINE IT WOULD BE THE FULL 4103 02:20:58,616 --> 02:20:59,851 CITY, BUT I CAN'T SPEAK FOR 4104 02:20:59,851 --> 02:21:01,152 THEM. I DON'T KNOW YET. 4105 02:21:01,152 --> 02:21:03,454 -- YEAH. AND THEN JUST FINAL 4106 02:21:03,454 --> 02:21:04,055 QUESTION IN TERMS OF LIKE, I 4107 02:21:04,055 --> 02:21:04,889 DON'T KNOW IF WE'VE DONE THIS 4108 02:21:04,889 --> 02:21:05,990 IN THE PAST, WHEN WE DID THIS IN 4109 02:21:05,990 --> 02:21:08,593 THE PAST OR AGAIN, WHAT THE 4110 02:21:08,593 --> 02:21:11,596 THINKING IS IN TERMS OF MAKING 4111 02:21:11,596 --> 02:21:13,698 SURE WE'RE NOT LOSING THAT SORT 4112 02:21:13,698 --> 02:21:14,265 OF CRITICAL INSTITUTIONAL, 4113 02:21:14,265 --> 02:21:15,467 INSTITUTIONAL KNOWLEDGE AND THAT 4114 02:21:15,467 --> 02:21:16,434 WE'RE PASSING ON PROJECTS. I 4115 02:21:16,434 --> 02:21:17,802 THINK WHEN THERE'S AN EARLY 4116 02:21:17,802 --> 02:21:19,137 RETIREMENT AND SOMEBODY'S BEEN 4117 02:21:19,137 --> 02:21:20,305 WORKING ON A KEY PROJECT AND 4118 02:21:20,305 --> 02:21:23,208 THEY HOLD THAT INFORMATION FOR 4119 02:21:23,208 --> 02:21:24,676 DECADES, MAKING SURE THERE'S 4120 02:21:24,676 --> 02:21:27,011 APPROPRIATE PLANNING IN PLACE TO 4121 02:21:27,011 --> 02:21:27,912 TO TRANSFER THAT KNOWLEDGE OR TO 4122 02:21:27,912 --> 02:21:28,947 HAVE SOMEBODY ELSE TAKE ON THAT 4123 02:21:28,947 --> 02:21:29,881 PROJECT. I DON'T KNOW HOW WE'VE 4124 02:21:29,881 --> 02:21:31,716 DONE THAT IN THE PAST, BUT JUST 4125 02:21:31,716 --> 02:21:34,018 ANY SORT OF THOUGHTS OR THINKING 4126 02:21:34,018 --> 02:21:34,252 THERE. 4127 02:21:34,252 --> 02:21:36,621 -- YEAH. SO THAT COULD THERE 4128 02:21:36,621 --> 02:21:40,692 COULD BE BAKED INTO WHATEVER IS 4129 02:21:40,692 --> 02:21:41,259 OFFERED TO THE EMPLOYEES OR 4130 02:21:41,259 --> 02:21:43,661 MAYBE EVEN INTO THIS LEGISLATION 4131 02:21:43,661 --> 02:21:45,463 ABOUT OPPORTUNITY TO CONSIDER 4132 02:21:45,463 --> 02:21:47,599 THAT TYPE OF IMPACT. YOU KNOW, 4133 02:21:47,599 --> 02:21:49,133 COMMONLY CAN BE REFERRED TO AS 4134 02:21:49,133 --> 02:21:50,034 THE BRAIN DRAIN. IF THERE'S A 4135 02:21:50,034 --> 02:21:51,236 LOT OF PEOPLE RETIRING ALL AT 4136 02:21:51,236 --> 02:21:53,538 ONCE THAT HAVE AN INCREDIBLE 4137 02:21:53,538 --> 02:21:54,038 AMOUNT OF INSTITUTIONAL 4138 02:21:54,038 --> 02:21:56,674 KNOWLEDGE AND SKILL WITH THE 4139 02:21:56,674 --> 02:21:59,444 CITY, I'M THINKING ABOUT THE 4140 02:21:59,444 --> 02:22:00,812 1996 PROGRAM THAT HAD A 4141 02:22:00,812 --> 02:22:03,982 SENIORITY SYSTEM, AND THAT WOULD 4142 02:22:03,982 --> 02:22:06,918 BE ALLOWED TO BE PUT IN PLACE IF 4143 02:22:06,918 --> 02:22:07,552 THE DEPARTMENT DETERMINED THAT 4144 02:22:07,552 --> 02:22:08,753 THERE WAS TOO MUCH INTEREST 4145 02:22:08,753 --> 02:22:10,288 WITHIN A GIVEN CLASSIFICATION OR 4146 02:22:10,288 --> 02:22:11,656 A DEPARTMENT. IF THERE'S PEOPLE 4147 02:22:11,656 --> 02:22:14,559 WHO EMPLOYEES WHO HAVE BEEN IN 4148 02:22:14,559 --> 02:22:16,227 THE SAME CLASSIFICATION FOR THE 4149 02:22:16,227 --> 02:22:17,128 SAME NUMBER OF YEARS, IF YOU 4150 02:22:17,128 --> 02:22:18,663 HAVE ALL FIVE OF THEM WITHIN A 4151 02:22:18,663 --> 02:22:20,932 SIX PERSON TEAM DECIDED TO 4152 02:22:20,932 --> 02:22:22,734 RETIRE, THAT HAS IMPACTS THAT 4153 02:22:22,734 --> 02:22:24,702 THAT WOULD NOT BE BENEFICIAL 4154 02:22:24,702 --> 02:22:26,437 NECESSARILY FOR THE DEPARTMENT. 4155 02:22:26,437 --> 02:22:27,171 SO I DON'T KNOW IF THAT WOULD 4156 02:22:27,171 --> 02:22:29,107 NEED TO BE IN THE LEGISLATION, 4157 02:22:29,107 --> 02:22:30,608 BUT IT CERTAINLY COULD BE 4158 02:22:30,608 --> 02:22:31,943 SOMETHING THAT THE DIRECTOR, 4159 02:22:31,943 --> 02:22:33,945 S.D., HR DIRECTOR COULD BAKE 4160 02:22:33,945 --> 02:22:36,748 INTO THE THE FINAL PROGRAM. 4161 02:22:36,748 --> 02:22:38,416 -- THANK YOU, CHAIR. AND JUST ON 4162 02:22:38,416 --> 02:22:39,250 THAT LAST POINT, WE'RE GOING TO 4163 02:22:39,250 --> 02:22:40,518 HEAR, I THINK, A LITTLE BIT 4164 02:22:40,518 --> 02:22:45,123 LATER ON, SOME DELAYS. AND FROM 4165 02:22:45,123 --> 02:22:47,692 SDCI IN TERMS OF LIKE 4166 02:22:47,692 --> 02:22:48,192 IMPLEMENTING STATEWIDE 4167 02:22:48,192 --> 02:22:50,795 REGULATIONS AROUND LIKE OUR 4168 02:22:50,795 --> 02:22:52,463 SHORELINE MANAGEMENT PROGRAM OR 4169 02:22:52,463 --> 02:22:53,865 CRITICAL AREAS. AND I'VE HEARD 4170 02:22:53,865 --> 02:22:55,033 PARTIALLY, YOU KNOW, PART OF 4171 02:22:55,033 --> 02:22:56,134 THAT DELAY COULD BE BECAUSE OF, 4172 02:22:56,134 --> 02:22:58,102 YOU KNOW, THIS BRAIN DRAIN FROM 4173 02:22:58,102 --> 02:23:01,272 A LONG TIME EMPLOYEE AND, YOU 4174 02:23:01,272 --> 02:23:03,174 KNOW, JUST CONCERNED ABOUT 4175 02:23:03,174 --> 02:23:04,575 WANTING TO BE THOUGHTFUL ABOUT 4176 02:23:04,575 --> 02:23:06,544 THAT. BUT OBVIOUSLY, IT COULD BE 4177 02:23:06,544 --> 02:23:08,980 A VERY USEFUL TOOL. AND I 4178 02:23:08,980 --> 02:23:10,915 SUSPECT SOMETHING THAT, YOU 4179 02:23:10,915 --> 02:23:13,885 KNOW, OUR, OUR EMPLOYEES AND 4180 02:23:13,885 --> 02:23:15,320 UNIONS WOULD BE SUPPORTIVE OF. 4181 02:23:15,320 --> 02:23:16,854 BUT SO THANK YOU FOR BRINGING 4182 02:23:16,854 --> 02:23:17,188 THIS FORWARD. 4183 02:23:17,188 --> 02:23:18,189 -- THANK YOU, COUNCILMEMBER LIN, 4184 02:23:18,189 --> 02:23:20,491 AND THANK YOU FOR A GOOD SET OF 4185 02:23:20,491 --> 02:23:20,959 QUESTIONS THAT CANNOT 4186 02:23:20,959 --> 02:23:22,193 NECESSARILY BE ANSWERED TODAY, 4187 02:23:22,193 --> 02:23:24,996 BECAUSE THIS IS SIMPLY ENABLING 4188 02:23:24,996 --> 02:23:26,197 LEGISLATION FOR ALL OF THAT 4189 02:23:26,197 --> 02:23:27,699 IMPLEMENTATION TO COME DOWN THE 4190 02:23:27,699 --> 02:23:29,500 ROAD. WITH THAT, I SEE 4191 02:23:29,500 --> 02:23:32,103 COUNCILMEMBER RIVERA AND THEN 4192 02:23:32,103 --> 02:23:32,570 COUNCILMEMBER RINCK. 4193 02:23:32,570 --> 02:23:34,339 -- THANK YOU. THANKS, KARINA, 4194 02:23:34,339 --> 02:23:36,341 FOR TAKING US THROUGH THAT. I SO 4195 02:23:36,341 --> 02:23:37,909 BASICALLY, WHAT THIS LEGISLATION 4196 02:23:37,909 --> 02:23:40,678 WOULD DO WAS COUNCIL IS 4197 02:23:40,678 --> 02:23:43,681 DELEGATING THEIR RESPONSIBILITY 4198 02:23:43,681 --> 02:23:47,819 TO THE EXECUTIVE. AND THEN WHAT 4199 02:23:47,819 --> 02:23:51,055 IS OF CONCERN HERE IS THAT EVERY 4200 02:23:51,055 --> 02:23:53,157 TIME COUNCIL DELEGATES THEIR 4201 02:23:53,157 --> 02:23:54,892 RESPONSIBILITY TO THE EXECUTIVE 4202 02:23:54,892 --> 02:23:56,160 OR ANY OTHER BODY FOR THAT 4203 02:23:56,160 --> 02:24:01,132 MATTER, IS NOW, WE NO LONGER ARE 4204 02:24:01,132 --> 02:24:02,533 IN THE DECISION MAKING PROCESS 4205 02:24:02,533 --> 02:24:04,736 OR IN THE PROCESS. SO DOWN THE 4206 02:24:04,736 --> 02:24:08,306 LINE, YOU KNOW, THE UNINTENDED 4207 02:24:08,306 --> 02:24:09,741 CONSEQUENCES OF INTO THE FUTURE 4208 02:24:09,741 --> 02:24:12,777 IS WE'RE NOT GOING TO KNOW WHEN 4209 02:24:12,777 --> 02:24:14,278 THESE THINGS HAPPEN UNTIL POST 4210 02:24:14,278 --> 02:24:15,480 FACTO, UNTIL THEY GET PUBLISHED, 4211 02:24:15,480 --> 02:24:19,817 FOR INSTANCE, RATHER THAN US, 4212 02:24:19,817 --> 02:24:20,485 BECAUSE WE'VE APPROVED IN THE 4213 02:24:20,485 --> 02:24:22,453 PAST BOTH YOU HAVE HERE IN OH 4214 02:24:22,453 --> 02:24:24,422 TWO AND IN 96, WE'VE APPROVED A 4215 02:24:24,422 --> 02:24:26,224 VOLUNTARY SEPARATION PROGRAM. IT 4216 02:24:26,224 --> 02:24:29,560 THEY'RE A GREAT IDEA, YOU KNOW, 4217 02:24:29,560 --> 02:24:30,728 RATHER THAN HAVE WE DON'T WANT 4218 02:24:30,728 --> 02:24:33,464 TO HAVE TO LAY OFF EMPLOYEES. IF 4219 02:24:33,464 --> 02:24:35,433 PEOPLE VOLUNTARILY SEPARATE. 4220 02:24:35,433 --> 02:24:37,802 THAT'S ADVANTAGEOUS. SO I 4221 02:24:37,802 --> 02:24:43,207 DON'T SEE WHY WE ARE 4222 02:24:43,207 --> 02:24:46,310 CONSIDERING LEGISLATION TO 4223 02:24:46,310 --> 02:24:46,944 DELEGATE OUR RESPONSIBILITY TO 4224 02:24:46,944 --> 02:24:47,979 THE EXECUTIVE WHEN WE'VE DONE IT 4225 02:24:47,979 --> 02:24:50,248 TWICE BEFORE WITHOUT ISSUE AND 4226 02:24:50,248 --> 02:24:53,684 IN BOTH IN BOTH INSTANCES, WE'VE 4227 02:24:53,684 --> 02:24:57,288 BEEN PART OF THE PROCESS. SO WE 4228 02:24:57,288 --> 02:24:59,123 KNOW WHAT THE WHAT THE PROPOSAL 4229 02:24:59,123 --> 02:25:00,324 WAS, WHEN IT WAS GOING TO GET 4230 02:25:00,324 --> 02:25:01,526 IMPLEMENTED, HOW MUCH IT WOULD 4231 02:25:01,526 --> 02:25:03,895 COST, ET CETERA. 4232 02:25:03,895 --> 02:25:07,532 -- SO I FOR ME, IT SEEMS LIKE 4233 02:25:07,532 --> 02:25:10,501 THE ONE OF THE BENEFITS OF 4234 02:25:10,501 --> 02:25:11,803 DELEGATING THE AUTHORITY IS A 4235 02:25:11,803 --> 02:25:13,571 FASTER TIMELINE. SO IF THIS IS 4236 02:25:13,571 --> 02:25:15,640 APPROVED, IF THIS LEGISLATION IS 4237 02:25:15,640 --> 02:25:17,241 APPROVED AS PART OF THE BUDGET 4238 02:25:17,241 --> 02:25:19,811 PROCESS, DEPENDING ON WHERE THE 4239 02:25:19,811 --> 02:25:20,945 EXECUTIVE IS AND ITS DEVELOPMENT 4240 02:25:20,945 --> 02:25:22,213 OF A PROGRAM, IT COULD BE 4241 02:25:22,213 --> 02:25:23,781 OFFERED VERY SOON IN THE NEW 4242 02:25:23,781 --> 02:25:26,350 YEAR. IF THIS WERE TO BE 4243 02:25:26,350 --> 02:25:29,287 LEGISLATED, THE NEW YEAR WOULD 4244 02:25:29,287 --> 02:25:31,155 PROBABLY HAVE LEGISLATION TO 4245 02:25:31,155 --> 02:25:31,989 OFFER AND IMPLEMENT IT, JUST AS 4246 02:25:31,989 --> 02:25:33,591 IN THE PAST, AND MAYBE IT 4247 02:25:33,591 --> 02:25:35,293 WOULDN'T GET OFFERED UNTIL 4248 02:25:35,293 --> 02:25:36,527 LATER ON IN THE YEAR. WHENEVER 4249 02:25:36,527 --> 02:25:38,596 YOU KNOW THAT THAT TIME MIGHT 4250 02:25:38,596 --> 02:25:42,100 BE. AND AS YOU SAY WITH THIS 4251 02:25:42,100 --> 02:25:44,969 LEGISLATION DOES IS REMOVES THE 4252 02:25:44,969 --> 02:25:47,772 COUNCIL'S ABILITY TO REVIEW IT 4253 02:25:47,772 --> 02:25:49,707 AND PERHAPS EVEN TWEAK IT BEFORE 4254 02:25:49,707 --> 02:25:52,343 IT'S IT'S OFFERED TO, TO 4255 02:25:52,343 --> 02:25:53,578 EMPLOYEES. 4256 02:25:53,578 --> 02:25:54,745 -- AND THE REVIEW AND THE TWEAK 4257 02:25:54,745 --> 02:25:56,681 IS REALLY AN IMPORTANT PIECE OF 4258 02:25:56,681 --> 02:25:59,117 THIS FOR COUNCIL. SO IT'S NOT 4259 02:25:59,117 --> 02:26:00,852 SOMETHING WE SHOULD JUST GLOSS 4260 02:26:00,852 --> 02:26:03,121 OVER. AND I ALSO THINK THAT IF 4261 02:26:03,121 --> 02:26:06,591 THE EXECUTIVE WAS PROPOSING 4262 02:26:06,591 --> 02:26:07,225 THIS, THEY HAD PLENTY OF AMPLE 4263 02:26:07,225 --> 02:26:08,126 TIME TO DEVELOP SOMETHING THAT 4264 02:26:08,126 --> 02:26:09,660 WE COULD HAVE CONSIDERED AS PART 4265 02:26:09,660 --> 02:26:12,463 OF THE BUDGET PROCESS. THERE'S 4266 02:26:12,463 --> 02:26:13,965 OTHER PIECES OF LEGISLATION THAT 4267 02:26:13,965 --> 02:26:16,901 WE CONSIDER DURING THE BUDGET 4268 02:26:16,901 --> 02:26:17,935 PROCESS. AND SO THIS COULD BE 4269 02:26:17,935 --> 02:26:20,338 BEEN ONE OF THEM. SO I GUESS 4270 02:26:20,338 --> 02:26:21,806 I'M CONFUSED. AND I HAD HEARD 4271 02:26:21,806 --> 02:26:23,741 THAT THIS WAS GOING TO BE A 4272 02:26:23,741 --> 02:26:25,543 PROPOSAL. SO I'M CONFUSED THAT 4273 02:26:25,543 --> 02:26:28,713 WE DON'T HAVE AN ACTUAL PROPOSAL 4274 02:26:28,713 --> 02:26:30,281 BEFORE US, BUT RATHER AN ASK TO 4275 02:26:30,281 --> 02:26:32,850 DELEGATE OUR RESPONSIBILITY TO 4276 02:26:32,850 --> 02:26:33,985 THE EXECUTIVE SO THEY CAN 4277 02:26:33,985 --> 02:26:36,854 DEVELOP A PROGRAM AND IMPLEMENT 4278 02:26:36,854 --> 02:26:38,523 IT OUTSIDE OF THE COUNCIL 4279 02:26:38,523 --> 02:26:40,057 PROCESS. SO THAT'S OF CONCERN 4280 02:26:40,057 --> 02:26:43,728 TO ME. AND, AND, AND ALL COUCHED 4281 02:26:43,728 --> 02:26:46,798 IN THIS. SOMEHOW IT'LL BE 4282 02:26:46,798 --> 02:26:48,432 FASTER IF YOU JUST LET US DO IT. 4283 02:26:48,432 --> 02:26:51,836 WHEN, AS I SAID EARLIER, AS I 4284 02:26:51,836 --> 02:26:53,871 STATED EARLIER, THEY COULD HAVE 4285 02:26:53,871 --> 02:26:54,939 HAD THE PROPOSAL AS PART OF THIS 4286 02:26:54,939 --> 02:26:57,341 BUDGET PROCESS. HERE'S WHAT WE 4287 02:26:57,341 --> 02:27:00,645 PROPOSED. YOU KNOW, FOR 4288 02:27:00,645 --> 02:27:03,648 SEPARATIONS FOR 2027 OR EVEN THE 4289 02:27:03,648 --> 02:27:08,586 BIENNIUM. YOU KNOW, AND GIVEN US 4290 02:27:08,586 --> 02:27:11,589 THE OPPORTUNITY TO, AS YOU SAY, 4291 02:27:11,589 --> 02:27:12,890 TWEAK IT IF THERE WAS SOMETHING 4292 02:27:12,890 --> 02:27:15,026 THERE THAT WE WE WERE CONCERNED 4293 02:27:15,026 --> 02:27:18,129 ABOUT. SO, SO THIS IS A PIECE 4294 02:27:18,129 --> 02:27:19,931 WHERE I HAVE CONCERNS WHEN 4295 02:27:19,931 --> 02:27:21,165 THINGS ARE COUCHED LIKE SOMEHOW 4296 02:27:21,165 --> 02:27:22,900 THERE'S GOING TO BE SOME HUGE 4297 02:27:22,900 --> 02:27:25,269 DELAY. AND THAT'S WHY WE'RE 4298 02:27:25,269 --> 02:27:27,371 DOING THINGS OUTSIDE OF HOW WE 4299 02:27:27,371 --> 02:27:30,975 NORMALLY DO THEM AND TAKING AWAY 4300 02:27:30,975 --> 02:27:31,609 A RESPONSIBILITY OF THE COUNCIL 4301 02:27:31,609 --> 02:27:34,545 THAT THEN WE ON THE BACK END ARE 4302 02:27:34,545 --> 02:27:37,415 FREQUENTLY HAVING TO CORRECT FOR 4303 02:27:37,415 --> 02:27:39,951 BECAUSE OF THE UNINTENDED 4304 02:27:39,951 --> 02:27:40,985 CONSEQUENCES. THAT'S HARD ALWAYS 4305 02:27:40,985 --> 02:27:41,919 TO BE ON THE BACK END, TRYING TO 4306 02:27:41,919 --> 02:27:43,754 FIX SOMETHING, BECAUSE WE 4307 02:27:43,754 --> 02:27:47,225 DIDN'T KNOW WHAT THE UNINTENDED 4308 02:27:47,225 --> 02:27:51,295 CONSEQUENCE WAS GOING TO BE. SO 4309 02:27:51,295 --> 02:27:53,664 WHILE WE WOULD, I DON'T KNOW 4310 02:27:53,664 --> 02:27:54,298 ANYONE WHO WOULDN'T SUPPORT A 4311 02:27:54,298 --> 02:27:58,870 VOLUNTARY. SEPARATION PROGRAM, I 4312 02:27:58,870 --> 02:28:02,440 DO THINK THAT IS NOT ONEROUS TO 4313 02:28:02,440 --> 02:28:05,610 HAVE COUNCIL CONSIDER REVIEW, 4314 02:28:05,610 --> 02:28:07,511 AMEND IF NECESSARY, THE PROGRAM 4315 02:28:07,511 --> 02:28:09,680 BEFORE IT MOVES FORWARD. THANK 4316 02:28:09,680 --> 02:28:11,449 YOU. CHAIR. 4317 02:28:11,449 --> 02:28:13,484 -- AND I DO WANT TO CLARIFY ONE 4318 02:28:13,484 --> 02:28:16,354 THING THAT I SAID IN THAT 4319 02:28:16,354 --> 02:28:20,725 COUNCIL'S. I DO WANT TO CLARIFY 4320 02:28:20,725 --> 02:28:21,392 COUNCIL'S ROLE IN REVIEWING AND 4321 02:28:21,392 --> 02:28:24,295 APPROVING IT. IF THIS WERE TO 4322 02:28:24,295 --> 02:28:26,197 COME TO COUNCIL AS A PROPOSAL IN 4323 02:28:26,197 --> 02:28:30,067 THAT. BECAUSE THERE ARE 4324 02:28:30,067 --> 02:28:32,536 POTENTIAL BARGAINING IMPACTS 4325 02:28:32,536 --> 02:28:36,941 HERE, THAT MIGHT NOT BE THE TIME 4326 02:28:36,941 --> 02:28:37,508 FOR COUNCIL TO TO MAKE ANY 4327 02:28:37,508 --> 02:28:38,442 CHANGES OR TO ANY MODIFICATIONS 4328 02:28:38,442 --> 02:28:40,544 TO IT WHEN IT'S ALREADY SENT 4329 02:28:40,544 --> 02:28:42,313 OVER AS LEGISLATION. SO TO THE 4330 02:28:42,313 --> 02:28:43,915 EXTENT THAT THE SELECT LABOR 4331 02:28:43,915 --> 02:28:46,684 COMMITTEE WOULD BE INVOLVED IN 4332 02:28:46,684 --> 02:28:48,419 IN BARGAINING IMPACTS, THAT 4333 02:28:48,419 --> 02:28:49,520 COULD BE AN OPPORTUNITY FOR 4334 02:28:49,520 --> 02:28:50,888 COUNCIL TO BE INVOLVED, IF 4335 02:28:50,888 --> 02:28:54,325 THAT'S APPLICABLE. AND BUT IT 4336 02:28:54,325 --> 02:28:56,927 SINCE SINCE THE CITY 4337 02:28:56,927 --> 02:28:58,262 HISTORICALLY OFFERS THE SAME 4338 02:28:58,262 --> 02:29:02,833 KIND OF PAYMENT AND BENEFITS AND 4339 02:29:02,833 --> 02:29:03,434 INCENTIVES TO NON-REPRESENTED 4340 02:29:03,434 --> 02:29:05,069 EMPLOYEES AS REPRESENTED 4341 02:29:05,069 --> 02:29:06,904 EMPLOYEES, THERE WOULD BE 4342 02:29:06,904 --> 02:29:09,307 POTENTIALLY LESS OF AN 4343 02:29:09,307 --> 02:29:11,442 OPPORTUNITY TO MODIFY THAT ONCE 4344 02:29:11,442 --> 02:29:12,143 IT'S TRANSMITTED AS LEGISLATION. 4345 02:29:12,143 --> 02:29:13,377 SO SOMETHING TO CONSIDER. IT 4346 02:29:13,377 --> 02:29:18,883 DOES COMPLICATE THE ABILITY TO 4347 02:29:18,883 --> 02:29:19,717 AMEND A PROPOSAL IN A DIFFERENT 4348 02:29:19,717 --> 02:29:22,086 WAY. THAT IS NOT NECESSARILY 4349 02:29:22,086 --> 02:29:25,356 TRUE FOR LEGISLATION THAT DOES 4350 02:29:25,356 --> 02:29:27,358 NOT INVOLVE REPRESENTED 4351 02:29:27,358 --> 02:29:27,658 EMPLOYEES. 4352 02:29:27,658 --> 02:29:28,526 -- THANK YOU. KARINA. AT THE END 4353 02:29:28,526 --> 02:29:30,428 OF THE DAY, WE DON'T ALWAYS 4354 02:29:30,428 --> 02:29:32,296 KNOW AHEAD OF TIME WHEN WE 4355 02:29:32,296 --> 02:29:33,798 DELEGATE OUR RESPONSIBILITY, WE 4356 02:29:33,798 --> 02:29:35,199 DON'T ALWAYS KNOW AHEAD OF TIME 4357 02:29:35,199 --> 02:29:36,901 WHAT'S GOING TO HAPPEN. AND 4358 02:29:36,901 --> 02:29:37,868 THEN OFTEN ON THE BACK END, WE 4359 02:29:37,868 --> 02:29:39,070 DIDN'T KNOW THAT WAS GOING TO 4360 02:29:39,070 --> 02:29:40,338 HAPPEN. AND THEN DO WE NEED TO 4361 02:29:40,338 --> 02:29:42,873 DO SOMETHING TO CORRECT IT? SO 4362 02:29:42,873 --> 02:29:44,375 THIS HAS BEEN DONE TWICE BEFORE 4363 02:29:44,375 --> 02:29:45,443 WITHOUT ISSUE. I DON'T KNOW WHY 4364 02:29:45,443 --> 02:29:47,945 WE WOULD HAVE TO CHANGE HOW WE 4365 02:29:47,945 --> 02:29:51,248 DO THIS, WHICH IS S T HR 4366 02:29:51,248 --> 02:29:53,217 DIRECTOR IS WITHIN THEIR 4367 02:29:53,217 --> 02:29:54,652 AUTHORITY TODAY TO CREATE A 4368 02:29:54,652 --> 02:29:56,320 PROGRAM, AND IT'S A MATTER OF 4369 02:29:56,320 --> 02:29:58,322 SENDING IT TO COUNCIL FOR THEIR 4370 02:29:58,322 --> 02:29:59,256 REVIEW AND APPROVAL. AND I 4371 02:29:59,256 --> 02:30:01,993 DON'T THINK IT NEEDS TO HAVE 4372 02:30:01,993 --> 02:30:05,529 THE THE TIME PIECE IS 4373 02:30:05,529 --> 02:30:07,565 THEORETICAL IN MY MIND, BECAUSE 4374 02:30:07,565 --> 02:30:10,968 IT DOESN'T HAVE TO BE THIS 4375 02:30:10,968 --> 02:30:12,937 LENGTHY PIECE ASSOCIATED WITH 4376 02:30:12,937 --> 02:30:15,539 IT. AND I DON'T THINK THIS IS 4377 02:30:15,539 --> 02:30:16,073 SOMETHING WE CAN HAVE THE 4378 02:30:16,073 --> 02:30:17,575 OFFLINE CONVERSATION ABOUT. MY 4379 02:30:17,575 --> 02:30:23,114 SEPARATE CONCERNS ABOUT BRINGING 4380 02:30:23,114 --> 02:30:24,448 UP THE SELECT LABOR COMMITTEE AS 4381 02:30:24,448 --> 02:30:26,217 A AS A PIECE WHERE SOME THINGS 4382 02:30:26,217 --> 02:30:30,021 MIGHT BE REVEALED. BUT AT THE 4383 02:30:30,021 --> 02:30:32,456 END OF THE DAY, WE'VE DONE THIS 4384 02:30:32,456 --> 02:30:34,692 WITHOUT ISSUE IN THE PAST 4385 02:30:34,692 --> 02:30:35,559 THROUGH THE COUNCIL PROCESS. AND 4386 02:30:35,559 --> 02:30:37,495 I DON'T KNOW WHY WE WOULD TODAY 4387 02:30:37,495 --> 02:30:39,930 THEN TURN AROUND AND DELEGATE 4388 02:30:39,930 --> 02:30:40,998 OUR RESPONSIBILITY TO THE 4389 02:30:40,998 --> 02:30:43,501 EXECUTIVE, WHO WE HAVE NO 4390 02:30:43,501 --> 02:30:45,569 CONTROL OVER, AND WE OFTEN DO 4391 02:30:45,569 --> 02:30:47,438 NOT KNOW. THERE'S A LOT COUNCIL 4392 02:30:47,438 --> 02:30:49,774 DOESN'T KNOW THAT DEPARTMENT OR 4393 02:30:49,774 --> 02:30:51,475 THERE'S A LOT COUNCIL DOES NOT 4394 02:30:51,475 --> 02:30:53,577 KNOW ABOUT WHAT DEPARTMENTS ARE 4395 02:30:53,577 --> 02:30:56,514 DOING UNTIL POST FACTO. AND THAT 4396 02:30:56,514 --> 02:30:58,849 IS A DIFFICULT POSITION FOR 4397 02:30:58,849 --> 02:30:59,517 COUNCIL TO CONSTANTLY BE IN. AND 4398 02:30:59,517 --> 02:31:02,420 SO TO ME, THAT'S THE UNINTENDED 4399 02:31:02,420 --> 02:31:04,188 CONSEQUENCE OF THIS PARTICULAR 4400 02:31:04,188 --> 02:31:05,389 ORDINANCE. AND IT DOESN'T HAVE 4401 02:31:05,389 --> 02:31:08,092 TO BE SET UP THIS WAY TO CREATE 4402 02:31:08,092 --> 02:31:10,494 THIS PROGRAM. WE'VE DONE IT 4403 02:31:10,494 --> 02:31:12,296 BEFORE. I JUST DON'T SEE WHAT 4404 02:31:12,296 --> 02:31:14,532 WHAT IS IT THAT WE'RE TRYING TO 4405 02:31:14,532 --> 02:31:17,168 SOLVE FOR? I DON'T THINK THIS 4406 02:31:17,168 --> 02:31:19,703 TIME PIECE IS HAS BEEN 4407 02:31:19,703 --> 02:31:21,839 DEMONSTRATED TO BE AN ISSUE IN 4408 02:31:21,839 --> 02:31:23,374 THE PAST FOR WHY WE WOULD JUST 4409 02:31:23,374 --> 02:31:25,543 DELEGATE OUR RESPONSIBILITY TO 4410 02:31:25,543 --> 02:31:27,344 THE EXECUTIVE. THANK YOU, CHAIR. 4411 02:31:27,344 --> 02:31:31,082 -- THANK YOU. COUNCILMEMBER 4412 02:31:31,082 --> 02:31:32,583 RIVERA COLLEAGUES, I SEE 4413 02:31:32,583 --> 02:31:34,485 COUNCILMEMBER LIN IS THAT OLD 4414 02:31:34,485 --> 02:31:34,685 HAND? 4415 02:31:34,685 --> 02:31:35,019 -- NEW HAND. 4416 02:31:35,019 --> 02:31:36,187 -- NEW HAND. TAKE IT AWAY. 4417 02:31:36,187 --> 02:31:36,554 COUNCILMEMBER. 4418 02:31:36,554 --> 02:31:38,322 -- THANK YOU. CHAIR. I'M JUST 4419 02:31:38,322 --> 02:31:40,391 CURIOUS. IT'S A LITTLE BIT 4420 02:31:40,391 --> 02:31:42,526 SURPRISING TO ME THAT IT WAS 4421 02:31:42,526 --> 02:31:45,396 LAST OFFERED SO LONG AGO, EVEN 4422 02:31:45,396 --> 02:31:48,732 THOUGH WE'VE HAD SORT OF MAJOR 4423 02:31:48,732 --> 02:31:49,733 ECONOMIC DOWNTURNS SINCE THEN. 4424 02:31:49,733 --> 02:31:52,903 AND SO I'M JUST WONDERING, WAS 4425 02:31:52,903 --> 02:31:55,906 THERE SOME REASON, AM I READING 4426 02:31:55,906 --> 02:31:57,475 THIS CORRECTLY, THAT WE HAVEN'T 4427 02:31:57,475 --> 02:32:00,678 OFFERED SUCH A THING SINCE 2002? 4428 02:32:00,678 --> 02:32:02,079 AND IF SO, WHY NOT? ARE THERE, 4429 02:32:02,079 --> 02:32:03,781 YOU KNOW, HAVE THERE BEEN 4430 02:32:03,781 --> 02:32:04,381 COMPLICATIONS WITH TRYING TO 4431 02:32:04,381 --> 02:32:08,352 OFFER THE PROGRAM OR DID WE JUST 4432 02:32:08,352 --> 02:32:09,687 NOT FIND IT WASN'T NECESSARY 4433 02:32:09,687 --> 02:32:09,854 OR. 4434 02:32:09,854 --> 02:32:10,754 -- YEAH, I DON'T KNOW THE 4435 02:32:10,754 --> 02:32:12,423 ANSWER TO THAT. AND MY RESEARCH 4436 02:32:12,423 --> 02:32:14,959 JUST SHOWED 2002 AND 1996, BUT I 4437 02:32:14,959 --> 02:32:18,662 DIDN'T SEE ANYTHING AFTER 2002. 4438 02:32:18,662 --> 02:32:19,697 I CERTAINLY CAN ASK, YOU KNOW, 4439 02:32:19,697 --> 02:32:20,998 FOR FOLKS WHO HAVE BEEN IN CBO 4440 02:32:20,998 --> 02:32:22,766 FOR A WHILE, IF THERE'S 4441 02:32:22,766 --> 02:32:24,301 INSTITUTIONAL KNOWLEDGE AS TO 4442 02:32:24,301 --> 02:32:25,302 AND CENTRAL STAFF AS WELL AS TO 4443 02:32:25,302 --> 02:32:30,207 WHY THAT HASN'T BEEN EXPLORED IN 4444 02:32:30,207 --> 02:32:33,644 THOSE INTERVENING 24 YEARS. BUT 4445 02:32:33,644 --> 02:32:34,011 I DON'T KNOW. 4446 02:32:34,011 --> 02:32:34,545 -- THANK YOU. 4447 02:32:34,545 --> 02:32:37,214 -- THANK YOU. COUNCILMEMBER LIN. 4448 02:32:37,214 --> 02:32:38,315 COLLEAGUES, I DON'T SEE ANY 4449 02:32:38,315 --> 02:32:40,985 OTHER QUESTIONS OR COMMENTS AT 4450 02:32:40,985 --> 02:32:44,955 THIS TIME. AND SO WE ARE AT A 4451 02:32:44,955 --> 02:32:46,757 NATURAL STOPPING POINT. AT NOON. 4452 02:32:46,757 --> 02:32:48,492 WE MAY ACTUALLY TAKE LUNCH AT 4453 02:32:48,492 --> 02:32:51,695 NOON FOR THE FIRST TIME EVER BUT 4454 02:32:51,695 --> 02:32:54,665 BEFORE WE DO THAT, I DO WANT TO 4455 02:32:54,665 --> 02:32:57,368 JUST SEE ANY OTHER QUESTIONS OR 4456 02:32:57,368 --> 02:32:58,569 COMMENTS ON EARLY SEPARATION. IT 4457 02:32:58,569 --> 02:33:01,105 IS SOMETHING THAT REQUIRES 4458 02:33:01,105 --> 02:33:03,908 ADDITIONAL AND FURTHER 4459 02:33:03,908 --> 02:33:04,542 DISCUSSION ABOUT HOW WE CREATE 4460 02:33:04,542 --> 02:33:08,078 THIS ALLOWANCE OR IF WE DO IT 4461 02:33:08,078 --> 02:33:09,213 ALL, WHICH IS ONE OF THE 4462 02:33:09,213 --> 02:33:11,182 OPTIONS. I LOOK FORWARD TO ALL 4463 02:33:11,182 --> 02:33:13,417 OF THE A, B, C, D OPTIONS AS WE 4464 02:33:13,417 --> 02:33:16,020 MOVE FORWARD THROUGH CENTRAL 4465 02:33:16,020 --> 02:33:18,322 STAFF ANALYSIS OF THE BUDGET. SO 4466 02:33:18,322 --> 02:33:20,124 SEEING NO FURTHER QUESTIONS ON 4467 02:33:20,124 --> 02:33:23,527 THIS, I WOULD LIKE TO BRING 4468 02:33:23,527 --> 02:33:26,664 FORWARD THIS PROCLAMATION 4469 02:33:26,664 --> 02:33:27,298 HONORING THE SEATTLE CHONGQING 4470 02:33:27,298 --> 02:33:29,533 SISTER CITY APPRECIATION DAY, 4471 02:33:29,533 --> 02:33:33,837 WHICH HAS BEEN EMAILED OUT TO 4472 02:33:33,837 --> 02:33:36,340 ALL OFFICES. LAST WEEK. I WILL 4473 02:33:36,340 --> 02:33:38,676 ADDRESS THE PROCLAMATION AS WE 4474 02:33:38,676 --> 02:33:40,144 COME BACK AND WE PRESENT IT 4475 02:33:40,144 --> 02:33:43,013 AFTER LUNCH AT ABOUT PROBABLY 4476 02:33:43,013 --> 02:33:44,548 1:20 P.M. SEATTLE AND CHONGQING 4477 02:33:44,548 --> 02:33:47,885 HAVE BEEN SISTER CITIES SINCE 4478 02:33:47,885 --> 02:33:49,853 1983, AND THAT CLOSE 4479 02:33:49,853 --> 02:33:52,456 RELATIONSHIP HAS SEEN OVER 200 4480 02:33:52,456 --> 02:33:53,724 ORGANIZED EXCHANGES AND 4481 02:33:53,724 --> 02:33:55,559 EDUCATION, ARTS, MEDICINE, 4482 02:33:55,559 --> 02:33:57,595 SCIENCE AND MORE. YOU MAY KNOW 4483 02:33:57,595 --> 02:33:59,463 THAT CHONGQING IS THE LARGEST 4484 02:33:59,463 --> 02:34:03,067 WORLDWIDE PRODUCER OF LENOVO 4485 02:34:03,067 --> 02:34:05,069 LAPTOPS, AND THOSE LAPTOPS WOULD 4486 02:34:05,069 --> 02:34:06,370 BE NOTHING WITHOUT OUR REDMOND 4487 02:34:06,370 --> 02:34:07,371 BASED MICROSOFT. GRANTED, 4488 02:34:07,371 --> 02:34:09,206 REDMOND IS NOT IN SEATTLE, BUT 4489 02:34:09,206 --> 02:34:11,809 THEY. IT'S PRETTY DARN CLOSE. 4490 02:34:11,809 --> 02:34:13,510 THEY'VE ALSO BEEN ENGAGED IN 4491 02:34:13,510 --> 02:34:14,712 THE DEVELOPMENT OF THE SEATTLE 4492 02:34:14,712 --> 02:34:15,646 CHINESE GARDEN, WHICH IS THE 4493 02:34:15,646 --> 02:34:17,314 ONLY BAYOU STYLE CHINESE GARDEN 4494 02:34:17,314 --> 02:34:19,850 IN NORTH AMERICA AND WAS BUILT 4495 02:34:19,850 --> 02:34:26,256 WITH EXACT, EXACTING CHINESE 4496 02:34:26,256 --> 02:34:28,325 WORKERS WHO MADE SURE TO DO IT 4497 02:34:28,325 --> 02:34:29,460 IN AN AUTHENTIC FASHION. AND 4498 02:34:29,460 --> 02:34:30,828 THERE'S ALSO BEEN A STRONG 4499 02:34:30,828 --> 02:34:31,929 EXCHANGE BETWEEN CHINA AND THE 4500 02:34:31,929 --> 02:34:34,198 WOODLAND PARK ZOO, SUCH AS THE 4501 02:34:34,198 --> 02:34:36,867 1986 LOAN OF A PAIR OF GOLDEN 4502 02:34:36,867 --> 02:34:39,436 MONKEYS. SO IT'S A GREAT 4503 02:34:39,436 --> 02:34:42,306 OPPORTUNITY TO CONTINUE 4504 02:34:42,306 --> 02:34:42,806 CELEBRATING OUR ONGOING 4505 02:34:42,806 --> 02:34:44,274 PARTNERSHIP AND WOULD LOVE TO 4506 02:34:44,274 --> 02:34:45,609 HAVE EVERYONE'S SIGNATURES 4507 02:34:45,609 --> 02:34:47,878 AFFIXED. AND IF COUNCILMEMBER 4508 02:34:47,878 --> 02:34:48,846 JUAREZ JOINS US AFTER LUNCH, 4509 02:34:48,846 --> 02:34:50,814 WE'LL JUST ADD HER NAME. BUT I 4510 02:34:50,814 --> 02:34:52,683 JUST WANT TO CHECK TO SEE IF 4511 02:34:52,683 --> 02:34:53,250 THERE'S ANY QUESTIONS OR 4512 02:34:53,250 --> 02:34:56,954 COMMENTS ON THIS PROCLAMATION. 4513 02:34:56,954 --> 02:35:00,958 SEEING COUNCILMEMBER LIN. 4514 02:35:00,958 --> 02:35:03,560 -- THANK YOU. CHAIR. I JUST WANT 4515 02:35:03,560 --> 02:35:07,665 TO SAY THAT I'M VERY EXCITED 4516 02:35:07,665 --> 02:35:09,967 ABOUT THIS. I GRANDPARENTS WERE 4517 02:35:09,967 --> 02:35:12,503 MARRIED IN CHONGQING. MY DAD WAS 4518 02:35:12,503 --> 02:35:15,906 BORN RIGHT OUTSIDE OF OUTSIDE 4519 02:35:15,906 --> 02:35:17,241 CHONGQING. THIS WAS DURING WORLD 4520 02:35:17,241 --> 02:35:20,711 WAR TWO. DURING THE RESISTANCE 4521 02:35:20,711 --> 02:35:24,281 OF THE JAPANESE INVASION OF 4522 02:35:24,281 --> 02:35:26,050 CHINA. AND SO IT'S JUST VERY 4523 02:35:26,050 --> 02:35:28,686 SPECIAL DAY. AND THANK YOU FOR 4524 02:35:28,686 --> 02:35:29,186 BRINGING THIS FORWARD. 4525 02:35:29,186 --> 02:35:30,587 -- THANK YOU. COUNCILMEMBER LIN. 4526 02:35:30,587 --> 02:35:32,856 WHAT A GREAT I DIDN'T KNOW THAT 4527 02:35:32,856 --> 02:35:33,724 CONNECTION. COLLEAGUES, YOU MAY 4528 02:35:33,724 --> 02:35:35,993 KNOW THAT IN WORLD WAR TWO, THE 4529 02:35:35,993 --> 02:35:38,495 CHINESE GOVERNMENT WAS CENTERED. 4530 02:35:38,495 --> 02:35:39,963 HEADQUARTERED IN CHONGQING, 4531 02:35:39,963 --> 02:35:41,532 CHINA. AND GENERAL STILWELL OF 4532 02:35:41,532 --> 02:35:46,270 THE AMERICAN FORCES AND SENATOR 4533 02:35:46,270 --> 02:35:48,872 TED, SOMEBODY HELP ME OUT FROM 4534 02:35:48,872 --> 02:35:51,775 ALASKA. TED STEVENS. THANK YOU, 4535 02:35:51,775 --> 02:35:54,978 FRIENDS. SENATOR TED STEVENS 4536 02:35:54,978 --> 02:35:58,048 FLEW MISSIONS INTO CHONGQING TO 4537 02:35:58,048 --> 02:35:59,683 HELP SAVE PEOPLE'S LIVES IN 4538 02:35:59,683 --> 02:36:01,719 CHONGQING. SO IF NOT FOR GEORGE 4539 02:36:01,719 --> 02:36:03,420 STILWELL AND SENATOR TED 4540 02:36:03,420 --> 02:36:04,822 STEVENS, WE MIGHT NOT HAVE A 4541 02:36:04,822 --> 02:36:07,358 COUNCILMEMBER LIN. 4542 02:36:07,358 --> 02:36:07,624 -- YEAH. 4543 02:36:07,624 --> 02:36:10,027 -- WITH THAT, IF THERE ARE NO 4544 02:36:10,027 --> 02:36:12,029 FURTHER COMMENTS ON THE 4545 02:36:12,029 --> 02:36:13,163 PROCLAMATION, WILL THE CLERK 4546 02:36:13,163 --> 02:36:14,965 PLEASE CALL THE ROLL TO 4547 02:36:14,965 --> 02:36:16,567 DETERMINE WHICH COUNCILMEMBERS 4548 02:36:16,567 --> 02:36:18,635 WOULD LIKE TO AFFIX THE. AFFIX 4549 02:36:18,635 --> 02:36:19,136 THEIR SIGNATURES TO THE 4550 02:36:19,136 --> 02:36:22,039 PROCLAMATION RECOGNIZING OCTOBER 4551 02:36:22,039 --> 02:36:23,841 13th, 2026 AS SEATTLE CHONGQING 4552 02:36:23,841 --> 02:36:28,112 SISTER CITY APPRECIATION DAY. 4553 02:36:28,112 --> 02:36:28,612 -- COUNCILMEMBER SAKA I 4554 02:36:28,612 --> 02:36:30,614 COUNCILMEMBER FOSTER. 4555 02:36:30,614 --> 02:36:30,848 -- YES. 4556 02:36:30,848 --> 02:36:31,315 -- COUNCIL PRESIDENT 4557 02:36:31,315 --> 02:36:32,916 HOLLINGSWORTH. YES. 4558 02:36:32,916 --> 02:36:35,819 COUNCILMEMBER JUAREZ 4559 02:36:35,819 --> 02:36:36,353 COUNCILMEMBER KETTLE. AYE 4560 02:36:36,353 --> 02:36:37,488 COUNCILMEMBER LIN. YES. 4561 02:36:37,488 --> 02:36:38,856 COUNCILMEMBER RINCK. YES. 4562 02:36:38,856 --> 02:36:40,758 -- COUNCILMEMBER RIVERA AYE. 4563 02:36:40,758 --> 02:36:41,291 -- CHAIR STRAUSS I EIGHT 4564 02:36:41,291 --> 02:36:42,459 SIGNATURES WILL BE AFFIXED TO 4565 02:36:42,459 --> 02:36:44,228 THE PROCLAMATION. 4566 02:36:44,228 --> 02:36:45,996 -- THANK YOU. AND WITH THAT, 4567 02:36:45,996 --> 02:36:48,365 COLLEAGUES, ANY FURTHER 4568 02:36:48,365 --> 02:36:49,700 QUESTIONS BEFORE WE RECESS FOR 4569 02:36:49,700 --> 02:36:51,001 LUNCH? I WILL SAY WE WILL COME 4570 02:36:51,001 --> 02:36:55,873 BACK HERE AT. I'LL GIVE US 110. 4571 02:36:55,873 --> 02:36:58,876 SO WE'VE GOT AN HOUR, 65 4572 02:36:58,876 --> 02:37:00,244 MINUTES FOR LUNCH. SO IF 4573 02:37:00,244 --> 02:37:01,979 THERE'S NO FURTHER, NO 4574 02:37:01,979 --> 02:37:03,614 OBJECTIONS, WE. COUNCIL SELECT 4575 02:37:03,614 --> 02:37:04,782 BUDGET COMMITTEE WILL BE IN 4576 02:37:04,782 --> 02:37:11,388 RECESS UNTIL 1:10 P.M.. THANK 4577 02:37:11,388 --> 02:37:19,196 YOU COLLEAGUES.