City and Borough of Juneau
Assembly Finance Committee Meeting
Wednesday, April 6, 2011 - 5:30 p.m.
Assembly Chambers

I. Call to Order

II. Roll Call

III. Approval of Minutes
March 2, 2011 (pp. 3 - 4)

IV. Affordable Housing Coordinator (pp. 5 - 6)
The CBJ has provided funding for an Affordable Housing Coordinator position from the CBJ Affordable Housing Fund. The Affordable Housing Fund resources are limited and this is not a sustainable funding source for the Coordinator position. The Assembly directed staff to identify an alternate funding source. Enclosed in the packet is a memo from Heather Marlow, Lands and Resources Manager, identifying a potential granting source and requesting a supporting motion.

V. Presentation of the FY12 General Operating Budget and Mill Levy
In the first year of each two-year (biennial) budget, the Assembly adopts the first year’s budget (FY11) and approves, in concept, the second year’s budget (FY12). The conceptually approved budget is then brought back before the governing body in the second year for review (Assembly Finance Committee) and adoption (Assembly). We are submitting to you (Assembly and Finance Committee) the Manager’s proposed FY12 Revised Budget. Over the next few weeks the Finance Committee is scheduled to review the proposed budget. There are several key action dates in the review process.

• The Assembly must approve (by motion) the local funding amount for the School District’s general operating support. This is scheduled to come before the Assembly on April 27, 2011.
• The Assembly must hold one public hearing on the budget ordinances in April. The budget ordinance will be introduced on April 11, 2011 and is scheduled for public hearing on April 27, 2011.
• The Assembly must appropriate the School District’s local funding for their FY12 budget no later than May 31, 2011. This is scheduled to come before the Assembly for action on May 23, 2011.
• The Assembly must adopt the FY12 operating and capital budgets along with the mill levy no later than June 15, 2011. This is scheduled to come before the Assembly for action on May 23, 2011.

The City Manager will provide a brief overview of the FY12 “Revised” Budget development processes. Staff will present information on the changes between the FY12 conceptually “Approved” budget and FY12 “Revised” budgets.

VI. Manager’s List of Proposed Marine Passenger Fee FY12 Uses (pp. 7 - 24)
Each year the City Manager is tasked with making the recommendations on the usage of the available Marine Passenger Fee (MPF) revenues. Enclosed in the packet are the City Manager’s FY12 MPF recommendations. The City Manager will speak to his recommendations at the meeting. The packet also includes supporting letters from the Airport and Docks and Harbors as well as other letters of support and one letter of objection.

VII. Finance Committee Direction on the FY12 Budget Meeting Agendas (pp. 25 - 26)
The Finance Chair has requested direction on the Committee’s interest for setting the FY12 Finance Committee budget agendas. It was requested that the AFC members submit their agenda recommendations and be ready to discuss agenda requests at the April 6 meeting. Enclosed in the pact is the tentative meeting schedule prepared from the Committee comments received.

VIII. Adjournment