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HomeMy WebLinkAboutCC 04-13-2026 Youtube and Zoom TranscriptionYoutube and Zoom Transcription https://youtu.be/uTLtc02cmPg?si=4k3D5CWNaIvwp_3B WEBVTT 100:00:09.850 --> 00:00:25.099Speaker 6 (Community Hall): Good evening, everyone, and thank you for being here. I'm Tina Kapoor, the City Manager for Cupertino. On behalf of staff, I want to welcome you tonight and say how much we appreciate you taking the time to be here for our presentation and workshop. 2 00:00:25.100 --> 00:00:33.150 Speaker 6 (Community Hall): So the city's operating budget is one of the most important things we do each year. The development process starts in February. 300:00:33.430 --> 00:00:48.030Speaker 6 (Community Hall): And we wrap it up in June, involving all departments with quarterly check-ins to track spending and see how things are lining up with the approved budget. Throughout the year, our budget team keeps a close eye on it to ensure projections are staying on track. 4 00:00:48.440 --> 00:01:05.990Speaker 6 (Community Hall): The budget reflects our city's mission to provide exceptional service, encourage all members of the community to take responsibility for one another, and support the values of education, innovation, and collaboration. It reflects how we invest in services, programs, and in Cupertino's future. 5 00:01:06.240 --> 00:01:21.409 Speaker 6 (Community Hall): My role as City Manager is to carry out the priorities that are set by the City Council, and to ensure that the City is operating effectively. A big part of that is making sure we're listening to the community, and that's what's really tonight is all about. 600:01:21.720 --> 00:01:35.590Speaker 6 (Community Hall): This event is an opportunity to learn more about the City's budgeting process, and how to explore this information using a platform we use to increase transparency and engagement. This platform's called OpenGov. 7 00:01:35.810 --> 00:01:47.249Speaker 6 (Community Hall): We hope that you ask questions tonight and continue to stay engaged with the City's budget by using our tools and visiting our website. Thank you again for being here and for being involved in your community. 800:01:47.290 --> 00:01:57.219 Speaker 6 (Community Hall): Now, I will turn it over to our budget team, Tony and Jonathan, to walk us through what's on the menu, and I'm told that there's pizza tonight, in addition to the budget. 900:02:02.530 --> 00:02:04.520Speaker 6 (Community Hall): Can you believe me? 1000:02:05.140 --> 00:02:06.610 Speaker 6 (Community Hall): Community engagement. 1100:02:07.830 --> 00:02:12.800Speaker 6 (Community Hall): Thank you, Tina, and good evening, everyone. And again, thank you for coming out today. 12 00:02:12.800 --> 00:02:23.909 Speaker 7 (Community Hall): I am Jonathan Orozco, the Acting Director of Admin Services, and to my left, I have Tony OSA Anderson, the Acting Budget Manager, and to the left of her, we have Jack Rowley with OpenGov. 1300:02:24.840 --> 00:02:28.219Speaker 7 (Community Hall): Before we jump in, I want to… Let me start. 14 00:02:33.200 --> 00:02:36.679Speaker 7 (Community Hall): Budget team, or video team, can we get the presentation up, please? 1500:02:43.520 --> 00:02:47.440Speaker 7 (Community Hall): Before we jump in, I want to quickly walk us through what tonight will look like. 16 00:02:47.700 --> 00:02:53.859Speaker 7 (Community Hall): We'll start with a brief overview of the City's budget, how the City's budget works, also known as Budget 101. 1700:02:54.260 --> 00:02:59.830Speaker 7 (Community Hall): And we'll then introduce a few tools that we use to explore the budget, one being OpenGov. 1800:03:00.150 --> 00:03:02.520Speaker 7 (Community Hall): Before we demo it later on tonight. 1900:03:02.970 --> 00:03:13.830Speaker 7 (Community Hall): We'll also leave some time for some Q&A, and then we'll move into the interactive section at the end of the, tonight, which will be, as you can see, there's a few, 2000:03:14.470 --> 00:03:20.320Speaker 7 (Community Hall): Computers here, and so if you haven't… didn't bring a computer, please feel free to sit in front of one. 2100:03:24.000 --> 00:03:29.459 Speaker 7 (Community Hall): To start, we want to walk through a few key terms that will help frame everything that we talk about tonight. 2200:03:29.740 --> 00:03:39.289Speaker 7 (Community Hall): First, the fiscal year. For the city, the fiscal year runs from July 1st to June 30th, and that's the period we use to plan, adopt. 23 00:03:39.490 --> 00:03:41.069 Speaker 7 (Community Hall): And track the budget. 2400:03:41.320 --> 00:03:45.430Speaker 7 (Community Hall): Next is revenues. This is the money that comes into the city. 25 00:03:45.610 --> 00:03:50.140 Speaker 7 (Community Hall): This includes sales taxes, property taxes, fees, and grants. 2600:03:50.390 --> 00:03:54.490Speaker 7 (Community Hall): On the other side are expenditures, which is how the city spends these funds. 27 00:03:54.920 --> 00:04:02.320 Speaker 7 (Community Hall): Whether that be public service, public safety, parks and rec, street maintenance, or community services. 2800:04:02.540 --> 00:04:11.939Speaker 7 (Community Hall): And finally, appropriations. This is an important one. It's the legal authority given by the City Council to spend funds. So even if the city has money. 29 00:04:12.350 --> 00:04:17.399 Speaker 7 (Community Hall): available. We cannot spend those funds unless appropriated through the budget process. 3000:04:19.260 --> 00:04:23.410Speaker 7 (Community Hall): Now we'll build on that with a few more terms that come up frequently. 31 00:04:23.800 --> 00:04:36.029 Speaker 7 (Community Hall): Fund balance is essentially the city's available financial resources within a specific fund. It represents what remains after accounting for revenues and expenditures, and it's a key indicator of the financial health. 3200:04:36.610 --> 00:04:41.849Speaker 7 (Community Hall): Carryovers refers to the funds that are budgeted but not fully spent during a fiscal year. 33 00:04:42.040 --> 00:04:46.199Speaker 7 (Community Hall): And move into the next fiscal year to complete the same project or purpose. 3400:04:46.620 --> 00:04:56.869Speaker 7 (Community Hall): And then there's encumbrances. This is what funds are… these funds are set aside for a specific obligation, like a contract or a purchase order, before actual payment is made. 35 00:04:57.220 --> 00:05:02.380Speaker 7 (Community Hall): It is a way to make sure that we don't overspend, and that funds are reserved for committed costs. 36 00:05:03.870 --> 00:05:07.880 Speaker 7 (Community Hall): As we move through the year, you'll often hear two 3700:05:08.120 --> 00:05:19.779Speaker 7 (Community Hall): terms. Adopted budget and amended budget. The adopted budget is what City Council approves at the start of the fiscal year and reflects the planned revenues, expenditures, and priorities. 38 00:05:20.420 --> 00:05:26.280 Speaker 7 (Community Hall): But through the year, things change. Projects evolve, new needs come up, and costs shift. 3900:05:26.760 --> 00:05:33.979Speaker 7 (Community Hall): That's where the amended budget comes in. It reflects those updates and adjustments to keep the budget aligned with actual conditions. 40 00:05:34.290 --> 00:05:40.360Speaker 7 (Community Hall): So while the adopted budget sets the plan, the amended budget reflects reality as the year progresses. 4100:05:42.790 --> 00:05:52.040Speaker 7 (Community Hall): The city's financial system is organized in a hierarchical structure, often referred to as the general ledger, or GL account structure. 4200:05:52.260 --> 00:06:00.890Speaker 7 (Community Hall): At the highest level is the fund, which determines how money can be used, whether it's restricted for a specific purpose or available for general use. 4300:06:02.180 --> 00:06:13.970 Speaker 7 (Community Hall): Within each fund, activities are organized by department, which groups services into broad functional areas, and then further broken down into divisions, which represent more specific areas of responsibility. 4400:06:14.170 --> 00:06:18.130Speaker 7 (Community Hall): And finally, the most detailed level are accounts. 45 00:06:19.110 --> 00:06:23.130 Speaker 7 (Community Hall): Accounts are attract… sorry, are tracked to… 4600:06:23.570 --> 00:06:28.729Speaker 7 (Community Hall): Which track how money is spent or received, essentially showing where each budget dollar is going. 47 00:06:28.900 --> 00:06:37.770 Speaker 7 (Community Hall): This structure allows the City to track financial activity within a high-level, detailed, and transparency manner, and you can see this in both the City's budget. 4800:06:37.930 --> 00:06:39.819Speaker 7 (Community Hall): and the… and in OpenGov. 49 00:06:42.290 --> 00:06:46.770 Speaker 7 (Community Hall): At a high level, the city's finances follow a similar… a simple flow. 5000:06:47.010 --> 00:06:53.810Speaker 7 (Community Hall): As you can see in the chart, in the far left, you have your beginning fund balance, which is a carryover from the previous fiscal year. 51 00:06:54.230 --> 00:06:59.810 Speaker 7 (Community Hall): We then add revenues and subtract expenditures, and the results are the ending fund balance. 5200:07:00.000 --> 00:07:17.029Speaker 7 (Community Hall): So, as you can see in the chart, you start off with 9 cubes, or 9 units, and you factor in a difference of 2 units, with revenue being 7, and expenditures being 5, and you add those 2 units onto your beginning fund balance for a total, now, 11 units. 5300:07:18.630 --> 00:07:28.359Speaker 7 (Community Hall): This flow helps understand whether we're maintaining financial stability, building reserves, or drawing down resources to support services and projects. 54 00:07:30.750 --> 00:07:37.120 Speaker 7 (Community Hall): Think of fund balance in the cities as the city's Citi Savings Account. 5500:07:37.520 --> 00:07:45.980Speaker 7 (Community Hall): Non-spendable, these are amounts that are not spendable… that are not in a spendable form. Think prepaids and inventory. 56 00:07:46.350 --> 00:07:53.500 Speaker 7 (Community Hall): Restricted funds, these amounts can be only used for a specific purpose, often limitations by external agencies. 5700:07:53.860 --> 00:08:00.679Speaker 7 (Community Hall): Committed, these amounts can only be used for specific purposes determined by formal action by Council. 58 00:08:01.550 --> 00:08:11.000 Speaker 7 (Community Hall): Assigned. These amounts are used for government or specific purposes. Think of encumbrances, so purchase orders or contracts. 5900:08:11.100 --> 00:08:18.249Speaker 7 (Community Hall): Unrestricted, this is essentially what's left over. This is the most discretion of our funds, and can be used for just about anything. 6000:08:20.110 --> 00:08:24.210Speaker 7 (Community Hall): I'll now turn it over to Tony, who will take us through the next few slides. 6100:08:31.140 --> 00:08:36.450Speaker 7 (Community Hall): Fund accounting is a type of accounting that governments and nonprofits use, focuses more. 6200:08:36.450 --> 00:08:54.859Speaker 8 (Community Hall): on accountability rather than profitability. So, for example, traditional businesses focus on how they make their money, but here in government, we focus on making sure that the money we have, receive, and spend are all allocated for the proper reasons, as showed in some of these examples here. 63 00:08:54.980 --> 00:09:09.589 Speaker 8 (Community Hall): So it means that the city doesn't keep all of its money in one place. Instead, it separates the money into different buckets, depending on what the money is meant to be used for. So this is important because it helps make sure that your tax dollars are spent the right way. 6400:09:09.590 --> 00:09:22.679Speaker 8 (Community Hall): So you can think of it like using, envelopes at home. So you might have one envelope for your rent or your mortgage, another for utilities, and another for some groceries. You wouldn't mix all of them, and the city follows the same concept. 6500:09:22.680 --> 00:09:31.709Speaker 8 (Community Hall): Fund accounting helps keep cities' finances organized, transparent, and accountable, so that you can trust that your public money is being used responsibly. 66 00:09:32.970 --> 00:09:52.300 Speaker 8 (Community Hall): Next, I will briefly describe the different types of funds. So, a general fund is the primary operating fund for governmental services, and is a tax-supported fund. It's used to pay for core services, such as public safety, parks and recreation, community development, public works, and a host of other vital services. 6700:09:52.350 --> 00:10:05.929Speaker 8 (Community Hall): The revenues used to pay… the revenue used to pay for these services comes primarily from local taxes, such as sales tax, property tax, transient occupancy tax, franchise fees, charges for services, etc. 6800:10:06.830 --> 00:10:19.330Speaker 8 (Community Hall): Special revenue funds, these are monies that are used for a specific purpose, such as gas taxes for road repairs. in the city, we use special revenue funds, 69 00:10:19.370 --> 00:10:29.460 Speaker 8 (Community Hall): They include Storm Drain, Environmental Management, Clean Creek, the Community Development Block Grant, BMR Housing, Transportation, and Park Dedication Funds. 7000:10:29.950 --> 00:10:39.580Speaker 8 (Community Hall): For debt service funds, these account for financial resources that are restricted, committed, or assigned to expenditures for and payment of principal and interest. 71 00:10:40.540 --> 00:10:46.489Speaker 8 (Community Hall): Capital projects funds account for the acquisition and or construction of major capital facilities. 7200:10:47.480 --> 00:10:50.480 Speaker 8 (Community Hall): Enterprise funds are for specific funds direct… 73 00:10:50.980 --> 00:10:55.219Speaker 8 (Community Hall): Funded directly by fees charged for goods or services. 7400:10:55.520 --> 00:11:01.890Speaker 8 (Community Hall): They include the Resource Recovery, the Blackberry Farm, Sports Center, and Recreation Program funds. 75 00:11:02.080 --> 00:11:14.800Speaker 8 (Community Hall): Lastly, here are the internal service funds. These are for areas where goods or services are provided to other departments on a cost reimbursement basis. So these include, the innovation technology 76 00:11:14.930 --> 00:11:24.210 Speaker 8 (Community Hall): Workers' compensation, vehicle and equipment replacement, compensated absences and long-term disability, and the retiree medical funds. 7700:11:25.700 --> 00:11:39.179Speaker 8 (Community Hall): Next here, we'll highlight what the budget process looks like for the city. So here, the slide illustrates the city's budget reporting cycle. The annual budget is prepared on a July 1 to June 30 fiscal year basis. 78 00:11:39.320 --> 00:11:48.820 Speaker 8 (Community Hall): It's an ongoing process that occurs throughout the year and includes the phases of development, of proposal, adoption? 7900:11:49.020 --> 00:11:51.870Speaker 8 (Community Hall): Monitoring and amendment. 80 00:11:52.250 --> 00:11:55.460 Speaker 8 (Community Hall): So it begins with, developing the budget in December. 8100:11:55.640 --> 00:12:01.400Speaker 8 (Community Hall): Then, in March, departments prepare their budgets, which are then reviewed by the Finance Division. 8200:12:01.680 --> 00:12:10.760Speaker 8 (Community Hall): Then these proposals are reviewed by the City Manager, who makes the final decisions for their proposed budget, which will be reviewed at a City Council study session in May. 8300:12:10.860 --> 00:12:22.140 Speaker 8 (Community Hall): At this study session, boards, commissions, community groups, and the public will speak regarding their budget requests and recommendations. Adopted budget then takes place in June. 8400:12:22.470 --> 00:12:38.049Speaker 8 (Community Hall): And you may be wondering how the community can get involved. A good way to get involved is to attend our council meetings to speak on behalf of the budget items that are being considered, and our budget study session will be held on Monday, May 11th. 85 00:12:38.290 --> 00:12:41.629 Speaker 8 (Community Hall): At 6 p.m. right here in Community Hall. 8600:12:42.200 --> 00:12:55.609Speaker 8 (Community Hall): So once the budget is adopted, sometimes adjustments to the budget are required outside of this cycle. In this case, staff will bring adjustments to Council on a quarterly basis, in addition to the annual and proposed and final budget. 87 00:12:59.660 --> 00:13:04.860 Speaker 8 (Community Hall): Next here is a, a snippet of our… one of our budget tools. 8800:13:05.010 --> 00:13:15.899Speaker 8 (Community Hall): On the city's website, it is at cupertino.gov slash budget learning library. Here's where you can find various resources to help you learn more about the city's budget. 89 00:13:15.950 --> 00:13:26.210 Speaker 8 (Community Hall): So here you'll find interactive tools such as the budget forecast, the resident tax calculator, and several educational Budget 101 short clips. 9000:13:28.110 --> 00:13:39.589Speaker 8 (Community Hall): With that, we'll segue into the OpenGov section of our presentation tonight. At this time, I will pass this over to Jack Rowley, OpenGov Customer Success Manager. 91 00:13:39.970 --> 00:13:43.230Speaker 8 (Community Hall): Thank you, Tony. Good evening, everyone. 92 00:13:43.520 --> 00:13:45.619Speaker 8 (Community Hall): Thank you so much for having me. 93 00:13:45.620 --> 00:14:04.279 Speaker 9 (Community Hall): I'm, Jack Rowley, the Customer Success Manager for the City of Cupertino, raised here in the Bay Area and get to work in the city now, so very excited to be here. I want to keep this pretty simple. You know, I think that, specifically throughout, you know, the country, people really want to understand where their money is going without having to, you know, be through an accountant and dive through some deep. 9400:14:04.280 --> 00:14:07.879Speaker 9 (Community Hall): PDF, and that is what OpenGov's main goal is, you know, to… 95 00:14:07.880 --> 00:14:29.760Speaker 9 (Community Hall): give something the residents can actually use, something that's clear, searchable, easy to explore, so that you have the ability to say, hey, what changed from last year with our budget, or how much are we spending on this service? We give you the ability to actually find that answer in an interactive tool that shows the current budget in real time. What I specifically like about OpenGov is our why behind it. Our founder, Zach Bookman. 96 00:14:29.760 --> 00:14:42.100 Speaker 9 (Community Hall): I was watching cities hit real financial trouble, some of them even going bankrupt, and realized that government teams needed better tools to plan, track, and explain spending before things ever get to that severe of a point. 9700:14:42.150 --> 00:14:56.810Speaker 9 (Community Hall): Since then, we've added several other products, but the financial transparency tool is what we were founded on. For us here at OpenGov, you know, this isn't just about fancy tools, it's our mission is to power a better and more effective government. It's about clarity. 9800:14:56.810 --> 00:15:06.239Speaker 9 (Community Hall): Trust, good stewardship, and making it easier for our community to see the story behind the dollars, and show how their government is spending it both responsibly and transparently. 99 00:15:06.670 --> 00:15:11.170 Speaker 9 (Community Hall): I was going to share my screen, I think I have the ability to now. 10000:15:11.450 --> 00:15:12.919Speaker 9 (Community Hall): Go and do that. 10100:15:14.160 --> 00:15:15.980 Speaker 9 (Community Hall): Share my screen… 102 00:15:17.350 --> 00:15:24.370Speaker 9 (Community Hall): Wonderful. I'll try to take this pretty slow, just because I want to make sure everyone has time to see what I'm doing. Is it… 10300:15:24.530 --> 00:15:26.149Speaker 9 (Community Hall): I shared my screen. 104 00:15:31.510 --> 00:15:37.709 Speaker 8 (Community Hall): I'll share my screen, yeah. Video team, if you can help to, share Jack's screen. Thank you, team. Thank you. 10500:15:54.070 --> 00:15:55.490Speaker 9 (Community Hall): Perfect. Everyone able to see that? 106 00:15:56.120 --> 00:16:14.150 Speaker 9 (Community Hall): Wonderful. So here is the Cupertino Financial Transparency Portal. Frankly, you can just Google Cupertino OpenGov and have access to it. So this is something that, you know, the entire community's able to find. There's no login that is needed on your end. You have the ability to see exactly where your dollars are going. 10700:16:14.150 --> 00:16:25.039Speaker 9 (Community Hall): On this front page, the main page, you're able to see specific reports that show where that budget is going. For example, this shows the current 2025-2026 adopted budget. 10800:16:25.040 --> 00:16:39.950Speaker 9 (Community Hall): Within here, you do have the ability to kind of filter and search and see specific areas where the money's going. So, for example, within this chart, we can go on the right and click materials and supplies, and see where some specific dollar amounts are going. 109 00:16:39.950 --> 00:16:53.050 Speaker 9 (Community Hall): For example, a 16%, you know, a little over a million dollars is going to software, there's electrical services, general supplies, things along those lines. So it really just allows you the ability to dig into that budget specifically. 11000:16:53.970 --> 00:17:05.549Speaker 9 (Community Hall): On the left, you know, Tony and her team have built out quite a few reports that you're able to jump through as well. Staffing, monthly actuals, just kind of some examples that we'll be going through today during our scavenger hunt. 111 00:17:05.690 --> 00:17:15.899Speaker 9 (Community Hall): And then down here at the bottom left, if you just scroll down, we have all these other views that are already built in, you know, expenses by type with all funds. 11200:17:15.900 --> 00:17:30.389 Speaker 9 (Community Hall): things along those lines, sales tax revenues, a lot of report that can just show exactly how much money's being bought in, where it's being spent, to show exactly how your dollars are being used. We also give you the ability to filter yourself, should you want to 11300:17:30.390 --> 00:17:50.130 Speaker 9 (Community Hall): play around and show just some revenues versus expenses, filter it by date, filter it by funds or specific departments. So just another example of how, our software gives every single citizen the chance to see exactly, you know, what their local government is doing with their money, where it's being going to, and understanding it completely. 114 00:17:53.540 --> 00:17:55.290 Speaker 9 (Community Hall): And I think I'll stop sharing. 11500:17:59.820 --> 00:18:03.160Speaker 7 (Community Hall): With that, we can now move into our Q&A section. 116 00:18:05.400 --> 00:18:10.549 Speaker 7 (Community Hall): We'll first take questions here, and then we'll take any questions that are opposed online. 11700:18:10.750 --> 00:18:11.690Speaker 7 (Community Hall): Server here? 118 00:18:17.620 --> 00:18:20.019 Speaker 7 (Community Hall): The question is, is there a search feature? 11900:18:21.400 --> 00:18:22.779Speaker 7 (Community Hall): Let me give this a brief moment 12000:18:24.310 --> 00:18:27.019 Speaker 7 (Community Hall): I don't… I'm not sure there's actually a suitable. 121 00:18:28.540 --> 00:18:29.390Speaker 7 (Community Hall): Bye. 12200:18:39.800 --> 00:18:40.350Community Hall: Nope. 123 00:18:40.470 --> 00:18:42.060 Community Hall: If you could just give me a brief of it. 12400:18:52.520 --> 00:18:54.669Speaker 7 (Community Hall): Hi, my question is about the city, 125 00:18:54.940 --> 00:18:59.299 Speaker 8 (Community Hall): gives grants to various things, some through Parks and Rec, some through Housing. 12600:18:59.575 --> 00:19:09.275 Speaker 10 (Community Hall): So how would one find those grants? How much is being budgeted for that? 127 00:19:09.665 --> 00:19:10.615 Speaker 10 (Community Hall): Etcetera. 12800:19:13.100 --> 00:19:28.969Speaker 7 (Community Hall): Currently, the city doesn't separate it by grants, so there is a general grants revenue that you would be able to filter down and be able to pull that revenue source, and it can break it down by fund, right? So if you're looking for a very specific, 129 00:19:29.490 --> 00:19:37.890Speaker 7 (Community Hall): some of them are specific, like BMR… or not BMR, CDBG grants, right? That one actually has its own fund. Now, if you're looking at a 13000:19:38.450 --> 00:19:53.739 Speaker 7 (Community Hall): Cal OES grant, one that the city received as a subrecipient from Los Gatos a few years ago, that kind of gets filtered into the… into the more general GL account. And so you don't… you can't necessarily separate it by the type of grant. 13100:19:53.740 --> 00:20:01.810Speaker 7 (Community Hall): Oftentimes, if it's large enough or recurrent, we'll separate that out. But if it's a one-off, usually we kind of lump them all together. 132 00:20:02.415 --> 00:20:04.544 Speaker 10 (Community Hall): is it lumped under again? 13300:20:04.545 --> 00:20:08.685Speaker 7 (Community Hall): revenue, for grants, and see if we can go ahead and pull that up for her. 134 00:20:56.140 --> 00:21:06.929 Speaker 7 (Community Hall): So here, as you can see on the pie chart, it's broken down by… you have a CDBG grant at the top, and then if you work your way down the left side, you can see federal grants. 13500:21:08.330 --> 00:21:12.910Speaker 7 (Community Hall): And if you keep following it down, at the very bottom, there's state grants. 136 00:21:13.240 --> 00:21:16.699 Speaker 7 (Community Hall): And then if you click on that, it should be able to expand. 13700:21:17.670 --> 00:21:19.590Speaker 7 (Community Hall): Yeah, let's see state grants. 13800:21:30.520 --> 00:21:34.549 Speaker 7 (Community Hall): And then here you can see how it's broken down by, fiscal year. 139 00:21:34.750 --> 00:21:36.910Speaker 7 (Community Hall): In terms of the adopted budget. 140 00:21:38.480 --> 00:21:44.450 Speaker 10 (Community Hall): Okay, I guess I need a follow-on question, because I guess I do know a detail, because I'm on the housing… 14100:21:44.690 --> 00:21:54.799Speaker 10 (Community Hall): that we, we make decisions about grants that the city provides, to various things. And one of them is called HSG, which is city 142 00:21:54.840 --> 00:22:12.129 Speaker 10 (Community Hall): money that is given to grants, not… the CDBG, I know, that's from federal, and you've got a special place for that, but I'm wondering about the funding of those grants that actually come from city funds, and I'm not sure where they come from, actually. I just know that they are 14300:22:12.130 --> 00:22:15.150Speaker 10 (Community Hall): City funds rather than federal. 144 00:22:15.150 --> 00:22:31.670 Speaker 7 (Community Hall): Okay, and so you're actually more looking on the expense side for the city. So from the perspective of the city, if the city's issuing grants, it's outflows of funds, right? So it's an expenditure, and from that perspective, right? It's not an inflow to the city, so it wouldn't be considered a revenue. 14500:22:31.670 --> 00:22:39.199 Speaker 7 (Community Hall): And so, I would… we would have to take a look at that. Maybe we can kind of follow up, what GL account's being used. I don't know what that is at the top of my head. 14600:22:39.890 --> 00:22:44.339Speaker 10 (Community Hall): Okay, and I guess that… since I'm not as familiar with the Parks and Rec. 14700:22:44.460 --> 00:22:50.099 Speaker 10 (Community Hall): grants, for instance, I don't know if that funding comes from city, so it's revenue. 14800:22:50.730 --> 00:22:57.290Speaker 10 (Community Hall): I mean, so it's expenditure, or whether it comes from some outside funding. So… 149 00:22:57.560 --> 00:23:00.969 Speaker 10 (Community Hall): Just as a… if somebody from the… 15000:23:01.430 --> 00:23:04.580Speaker 10 (Community Hall): public was looking to see about the Parks and Rec. 15100:23:05.230 --> 00:23:09.029Speaker 10 (Community Hall): grants. Where would they begin to look, do you think? 152 00:23:11.570 --> 00:23:26.950 Speaker 7 (Community Hall): Again, so it would depend on what side. If it's issuing a grant, so it would be from the revenue side, or expense side. If it's receiving the grants from an external, agency, it would be a revenue, so you would look at, from that perspective. And they would want to go… so the 15300:23:26.950 --> 00:23:44.689Speaker 7 (Community Hall): Parks and Rec is broken up into various enterprise funds. So there's a recreation, there's a sports center, or a facility, or a Blackberry Farm. So, depending on that fund, you would want to filter out by that fund, and then kind of dig into the revenues and expenditures in that matter. 15400:23:45.990 --> 00:23:47.319Speaker 7 (Community Hall): That's where I would start off. 15500:23:48.130 --> 00:23:49.149Speaker 7 (Community Hall): Yeah, of course. 156 00:23:49.820 --> 00:23:52.570Speaker 7 (Community Hall): I think we had one in the back. 15700:23:54.020 --> 00:23:54.710Community Hall: So… 158 00:23:56.630 --> 00:24:02.250 Speaker 7 (Community Hall): How do you budget for outside consultants? Do you have a… 15900:24:02.750 --> 00:24:07.309Speaker 11 (Community Hall): Front Court Consultancy, or do you… or do they come out of separate projects? 160 00:24:09.200 --> 00:24:14.580 Speaker 7 (Community Hall): There is a… an account, for… and I believe it's Contract Services? 16100:24:15.320 --> 00:24:22.360Speaker 7 (Community Hall): Yeah, so there's a just general account that we use on contract services, and if you want to pull up the GL structure… 162 00:24:22.830 --> 00:24:38.759 Speaker 7 (Community Hall): And then it gets broken down. So, again, we start off at the fund level. So, the general fund, or if you're looking at more specific funds, like a transportation fund, which is a special revenue fund, you'd start there, and then you kind of work your way down. So, if it's a public works, you'd work down from that 16300:24:38.760 --> 00:24:48.940Speaker 7 (Community Hall): perspective, or you can just look at contract services, and you work your way back the other direction towards a fund and how those are allocated. But they are budgeted in a specific GL account. 164 00:24:49.180 --> 00:24:52.170Speaker 7 (Community Hall): And sometimes they're kind of broken out, so the type of service. 16500:24:53.090 --> 00:24:56.459Speaker 11 (Community Hall): Okay, so there's no specific limitation on… 166 00:24:57.080 --> 00:24:58.650 Speaker 11 (Community Hall): You know, how much you would… 16700:24:58.820 --> 00:25:03.790Speaker 11 (Community Hall): hire a consultant to study a certain project. I mean, it's… 168 00:25:04.470 --> 00:25:26.209 Speaker 7 (Community Hall): Good question. So, it depends on the department. So, what the objective of the department and the need is. So, if there's a need for a consultant to assist… let's look at community development, for instance. If there's assistance needing for planner review on a special project, let's say, right? And so, the department will reach out to the consultant. 16900:25:26.210 --> 00:25:35.009Speaker 7 (Community Hall): And, estimate, you know, based off of historical or their professional judgment, that they're going to need assistance of, let's say, 100 hours. 17000:25:35.010 --> 00:25:43.549Speaker 7 (Community Hall): For a specific project, they contract that out based off of an hourly rate, and then they build that into their contract… into their budget. 17100:25:48.120 --> 00:25:49.380 Speaker 7 (Community Hall): Question out here. 17200:25:49.890 --> 00:25:54.120Speaker 7 (Community Hall): So, if I look at the 10-year spending by department. 17300:25:54.550 --> 00:25:58.170Speaker 7 (Community Hall): Nearly every department has stayed either flat or reduced. 174 00:25:58.890 --> 00:26:05.760Speaker 12 (Community Hall): Our population has dropped. We were about 65,000, we are now about 57,000 over a 10-year period. 175 00:26:06.520 --> 00:26:11.600Speaker 12 (Community Hall): Public Works budget has doubled. We've gone from $16 to $31 million. 176 00:26:12.470 --> 00:26:13.750 Community Hall: How do we explain that? 17700:26:14.660 --> 00:26:21.320Speaker 12 (Community Hall): Every other department has dropped, including CDD. And CDD does a lot more work today than they did 10 years ago. 178 00:26:21.700 --> 00:26:23.359 Speaker 12 (Community Hall): But Public Works has doubled. 17900:26:25.020 --> 00:26:43.600Speaker 7 (Community Hall): That's a great question. Unfortunately, I don't… we're trying to stay a little more high level at today's meeting. We can certainly have that conversation at the May 11th meeting, which is kind of building into more of the detail behind the budgets and how we 180 00:26:43.660 --> 00:26:53.289 Speaker 7 (Community Hall): got to today. This is supposed to be more of how do you look into it, so if you want a tool to see, we can expand if you're looking for something specific. So, 18100:26:53.300 --> 00:27:04.130Speaker 7 (Community Hall): Public Works you brought up, we can… you can, with the assistance, we can kind of break that out as to how that will look like, by division or department within Public Works. 182 00:27:05.470 --> 00:27:07.509 Speaker 12 (Community Hall): I'll ask a different question, then. 18300:27:07.630 --> 00:27:12.180Speaker 12 (Community Hall): the Senior Center is… Accounted under which fund? 184 00:27:12.450 --> 00:27:17.740 Speaker 12 (Community Hall): And similarly, the Sports Center and the, golf course, the Blackwoody Farm Golf Course. 18500:27:17.920 --> 00:27:20.289Speaker 7 (Community Hall): If you give me a brief moment, I'll go ahead and pull that up for you. 186 00:27:46.220 --> 00:27:49.470 Speaker 7 (Community Hall): So, the Senior Center is… 18700:27:55.230 --> 00:28:01.060Speaker 7 (Community Hall): is considered an enterprise fund. So, similar to the recreation or resource recovery… I'm sorry. 188 00:28:01.170 --> 00:28:05.220 Speaker 7 (Community Hall): No, Senior Singers… I don't believe it said… sorry, you said Senior Center? 18900:28:05.570 --> 00:28:07.730Speaker 7 (Community Hall): And what were the other, 190 00:28:07.980 --> 00:28:24.639 Speaker 7 (Community Hall): SportsCenter. SportsCenter is certainly considered an enterprise fund, which is a business type of activity. So, in theory, it's supposed to be self-sustaining, so that revenue generated within that fund is supposed to support its activities. Senior Center, if I remember correctly, is now within the general fund. 19100:28:30.790 --> 00:28:42.730 Speaker 7 (Community Hall): there's a pos… I don't know the genesis of any kind of the shifts, however, oftentimes when you see baris symmetric libraries, they're not self-sustaining, so you wouldn't want to include 19200:28:42.910 --> 00:28:53.549Speaker 7 (Community Hall): essentially classified as an enterprise fund, because they're constantly being supported by the general fund. And for those types of funds, you would want to roll it into the general fund and account for it there. 193 00:28:59.380 --> 00:29:04.210 Speaker 7 (Community Hall): Yeah, so that I… we just confirmed the Senior Center is within the General Fed. 19400:29:06.610 --> 00:29:07.720Speaker 7 (Community Hall): Hi. 195 00:29:08.030 --> 00:29:13.349 Speaker 7 (Community Hall): Hi, my name is Anna. I live in Copartina for 25 years, and I have a question about. 19600:29:13.350 --> 00:29:27.909Speaker 13 (Community Hall): some particular projects. So it said, for example, that intersection of Wolf and 280, it's, quite a lot of money accumulated for budget for this year, and for last year, too, but there is no progress at all, like. 19700:29:27.910 --> 00:29:38.760Speaker 13 (Community Hall): there is no activity over there. The same as with Valka Center. Valka Center stays for… there is no work going over there, so just my question, where's money goes? 19800:29:39.350 --> 00:29:46.690 Speaker 7 (Community Hall): So, if money are unspent, by some other projects, they remain in… they may remain encumbered. 19900:29:46.910 --> 00:30:03.949Speaker 7 (Community Hall): If the projects were to move forward, or they can get carried over. So getting back to the carryovers, so if it's a specific project that's tied to, let's say, a revenue and an expenditure, they can carry it over from one year to the next, and essentially they'll… until the project's either completed. 20000:30:04.030 --> 00:30:08.479Speaker 7 (Community Hall): Or until Council decides to, to counsel the project. 20100:30:08.485 --> 00:30:16.405Speaker 13 (Community Hall): Does a city control how money, where money goes when they just distribute a budget to the project? 20200:30:16.890 --> 00:30:32.670Speaker 7 (Community Hall): Correct. So projects, if they… if it requires appropriations, right, if the city's spending money, will budget for that, that, that project, right? Within, let's say if it's a public works project, we… 203 00:30:32.830 --> 00:30:35.979 Speaker 7 (Community Hall): Depending… well, depending on the project, we'll, 20400:30:36.340 --> 00:30:44.540Speaker 7 (Community Hall): appropriate the funds within a specific account. Now, similar to CIP projects, it's… you typically don't see them completed in one year. 205 00:30:44.540 --> 00:30:59.920 Speaker 7 (Community Hall): they'll trans… they'll carry… or they'll span several years. And so, for that reason, any unspent funds, whether it's the revenue or expense side, they get carried over from one year to the next, until, again, completed, or, Council decides to terminate that… that project. 20600:31:00.640 --> 00:31:15.479Speaker 13 (Community Hall): Okay, I have two more questions. Another question, I see from the, annual… from the, annual budget, there is zero for housing for low-income senior, housing. 207 00:31:15.730 --> 00:31:31.179 Speaker 13 (Community Hall): for housing for low income and seniors. So, I'm personally interested about seniors who has, like, low income, like my mother has, and there is nothing in the budget for our city, and I, as I know, there is… 20800:31:31.180 --> 00:31:36.690 Speaker 13 (Community Hall): Not much facilities, with, let's say, waiting list or open list. 209 00:31:36.890 --> 00:31:39.970Speaker 13 (Community Hall): To be able to address this problem. 210 00:31:40.420 --> 00:31:45.879Speaker 7 (Community Hall): You… you may be wanting to look at the below… BMR fund, which is the Below Market Rate Fund. 211 00:31:46.570 --> 00:31:51.519 Speaker 13 (Community Hall): That's, like, specific projects. Where should they look for? Because it's zero. 21200:31:56.260 --> 00:31:59.619Speaker 7 (Community Hall): BMR… BMR fund is… fund 265. 213 00:32:04.090 --> 00:32:06.010 Speaker 13 (Community Hall): It's hard to find homes. 21400:32:06.010 --> 00:32:09.939Speaker 7 (Community Hall): So if we can show you, on the budget book, where you would be able to find that. 215 00:32:10.350 --> 00:32:11.040 Speaker 13 (Community Hall): Okay. 21600:32:11.620 --> 00:32:22.640Speaker 13 (Community Hall): And maybe the latest which comes, because we live, Wolf and, intersection of Wolf and Stevens Creek. There is… there is a water problem. 217 00:32:22.770 --> 00:32:34.020 Speaker 13 (Community Hall): And big water problem with hard water. And, we called the city, and they said that they'll fix it in April. April almost gone. 21800:32:34.790 --> 00:32:42.030Speaker 13 (Community Hall): But… concern about home appliances, and we live in, HOA. 219 00:32:42.140 --> 00:32:51.960 Speaker 13 (Community Hall): for Porto Plaza, so all our neighbors concerned about what's going on, and how city is, delegate money for this problem. 22000:32:52.320 --> 00:33:04.959Speaker 7 (Community Hall): Okay. Yeah, so we can reach out to our… we'll note your question and have the appropriate department reach out to you. I don't have that response ready for you today. I don't have that level of detail. 221 00:33:13.110 --> 00:33:19.459 Speaker 7 (Community Hall): Back to the OpenGov tool. If I look under the capital improvement program. 22200:33:19.940 --> 00:33:24.720 Speaker 14 (Community Hall): I can see the large items there, and then I see 70 items grouped. 223 00:33:25.300 --> 00:33:28.129 Speaker 14 (Community Hall): How do I see the detail within that 70 items? 22400:33:30.400 --> 00:33:41.789Speaker 7 (Community Hall): I can… once we get into the more interactive part, maybe we can explore that… that… that bit. We'll certainly get to your question. Let's… let's see if we can wait till that… till then, if that's okay with you? 225 00:33:42.250 --> 00:33:47.470Speaker 14 (Community Hall): Can I ask one follow-up, then? Of course. This is a different kind of question, more directed to OpenGov. 22600:33:47.870 --> 00:33:51.759 Speaker 14 (Community Hall): If I wanted to benchmark Cupertino's budget against 227 00:33:51.920 --> 00:33:55.750Speaker 14 (Community Hall): Sunny… Sunnyvale, Santa Clara, Mountain View. 22800:33:56.110 --> 00:34:05.680Speaker 14 (Community Hall): Are any of those, jurisdictions also customers of OpenGov, and how would I get a hold of data across 229 00:34:05.810 --> 00:34:09.090Speaker 14 (Community Hall): Cities to be able to do that benchmark. 23000:34:09.520 --> 00:34:11.670Speaker 14 (Community Hall): It obviously depends on which customers are. 231 00:34:12.050 --> 00:34:13.000 Speaker 9 (Community Hall): South Bay. 23200:34:13.380 --> 00:34:19.780Speaker 9 (Community Hall): considered would have our reported text tool, I'd be happy to put together a list of other customers we have here that are local that we. 233 00:34:24.310 --> 00:34:25.010 Community Hall: Beautiful. 23400:34:25.520 --> 00:34:27.319Speaker 9 (Community Hall): Sorry about that. I turned it off. 235 00:34:38.989 --> 00:34:51.059 Speaker 8 (Community Hall): Okay, for those that are on the Zoom call, if there are any questions at this time, please go ahead and submit those. Again, this is just for Zoom only. You'd need to click the Q&A box 23600:34:51.459 --> 00:35:00.699Speaker 8 (Community Hall): And type in your questions in the chat. So if you have any questions online at this time, please, submit your questions, and we can address them. Thank you. 23700:35:11.859 --> 00:35:25.589Speaker 8 (Community Hall): And while we wait for more questions, just as a reminder, the next portion of this meeting will go into, looking at the OpenGov, financial transparency Portal, provided, several laptops here. 238 00:35:25.589 --> 00:35:43.879 Speaker 8 (Community Hall): And this was meant to be, like, a group effort, and so if you would like to participate in the group exercise, I do see a laptop open at this table here, and there is also a laptop at this table here, and feel free to, for those that are not currently at a laptop, you're welcome to, come and sit at these, 23900:35:44.149 --> 00:35:54.199Speaker 8 (Community Hall): At these, tables, and we also can bring more chairs if we want to, have more than two seats at a table. That is, welcome. 240 00:35:58.900 --> 00:35:59.870Speaker 8 (Community Hall): Okay, thank you. 24100:36:06.760 --> 00:36:12.179Speaker 8 (Community Hall): This question is from Tracy K. She's asking, why are the numbers different between the CIP. 242 00:36:12.180 --> 00:36:17.500Speaker 15 (Community Hall): expenses and the capital improvement by Projects report. What is the difference between these? 24300:36:24.900 --> 00:36:26.180 Speaker 7 (Community Hall): Oops. 244 00:36:26.890 --> 00:36:28.379Speaker 7 (Community Hall): Can you repeat that one more time? 24500:36:29.660 --> 00:36:36.789Speaker 15 (Community Hall): Yes. Why are the numbers different between the CIP expenses and capital improvement by projects reports? 246 00:36:37.170 --> 00:36:39.180Speaker 15 (Community Hall): What is the difference between these? 247 00:36:46.730 --> 00:36:47.450Community Hall: Good. 248 00:36:51.490 --> 00:37:01.289 Speaker 7 (Community Hall): Can you clarify whether the two reports that you're… are these two reports, or are you comparing your CIP expenses to a separate report? 24900:37:14.150 --> 00:37:17.589Speaker 15 (Community Hall): He says two separate reports in the OpenGov dashboard. 250 00:37:18.750 --> 00:37:22.379 Speaker 7 (Community Hall): We will take a look into that, and we'll provide a response. 25100:37:31.880 --> 00:37:41.310Speaker 7 (Community Hall): So any questions that we were unable to respond today, we'll collect those, and we'll provide a follow-up response or a document. 252 00:37:41.340 --> 00:37:54.090 Speaker 7 (Community Hall): addressing those questions if we're unable to get to them before the close of the online section. So this is before we go into the interactive part of the, of tonight's meeting. 25300:37:56.570 --> 00:37:57.330Speaker 7 (Community Hall): Sir? 254 00:38:02.660 --> 00:38:04.100 Speaker 7 (Community Hall): Oh, wait a minute. Here it goes. 25500:38:04.250 --> 00:38:11.330Speaker 14 (Community Hall): Just one final question, then I'll stop being a nag. This is showing revenue and expenses. Where do I see fund balances? 256 00:38:20.660 --> 00:38:25.889 Speaker 7 (Community Hall): Okay, so unfortunately, OpenGov does not track 25700:38:27.310 --> 00:38:31.659Speaker 7 (Community Hall): try not to get too much into the accounting. So, fund balance is considered a 25800:38:31.760 --> 00:38:34.699 Speaker 7 (Community Hall): a balance sheet item, right? So… 259 00:38:34.940 --> 00:38:54.229Speaker 7 (Community Hall): your assets, your liabilities, and your equities, which equity would be considered your fund balance. Those types of categories are not reflected in OpenGov. We just track what is transparent is your expenses and your expenditures and revenues. However, we do have, as part of our, 26000:38:54.560 --> 00:39:05.300Speaker 7 (Community Hall): quarterly updates. To Council, we update our fund balances, so you are able to see what those balances are. Have they been moved from quarter to quarter? 261 00:39:06.280 --> 00:39:07.390 Speaker 7 (Community Hall): Is that unbelie? 26200:39:07.690 --> 00:39:11.000Speaker 7 (Community Hall): Yes, all our quarterly reports are located online. 263 00:39:15.770 --> 00:39:21.799 Speaker 10 (Community Hall): I guess I… I don't know as much about accounting and budget as I probably should. 26400:39:23.670 --> 00:39:27.300Speaker 10 (Community Hall): How is budgeting different from accounting? 265 00:39:28.370 --> 00:39:30.270 Speaker 10 (Community Hall): Because I always thought. 26600:39:31.210 --> 00:39:37.030Speaker 10 (Community Hall): forgive me. I always thought budgeting was one thing, and then accounting was how you… how you… 267 00:39:37.330 --> 00:39:43.999 Speaker 10 (Community Hall): Made sure that the budget was followed, but… So I'm not entirely sure… 26800:39:44.350 --> 00:39:52.730Speaker 10 (Community Hall): Is this… are you taking budgeting and making it an accounting process, or has it always been, and I just didn't understand it? They are two different. 269 00:39:52.730 --> 00:39:57.799 Speaker 7 (Community Hall): different, I guess, thoughts, or, so your budget's more kind of forward-looking. 27000:39:57.880 --> 00:40:17.660Speaker 7 (Community Hall): a plan of where you're going to lend over the course of the next year, or even forecast where is the city going to be in 10 years? Whereas accounting is what actually happened. It's kind of more backwards-looking, or in the moment. So your annual comprehensive financial report, which is the city produces each year, that's… 271 00:40:17.660 --> 00:40:28.639Speaker 7 (Community Hall): what actually happened, it does consider part of, as part of its, document, the budget part. Well, you know what? You forecasted that you were going to receive X amount of dollars, but you received Y. 27200:40:28.650 --> 00:40:42.690Speaker 7 (Community Hall): there is a certain part that… there's a variance analysis that the auditors perform. It's like, well, why were you so far off? And that's kind of more on the back end, but it does have that level of analysis that's performed there. But it's, again, accounting's more… 273 00:40:42.810 --> 00:40:45.490Speaker 7 (Community Hall): Backwards-looking, budgets more forward-looking. 27400:40:45.600 --> 00:40:47.810Speaker 7 (Community Hall): Okay, thank you, that helps a lot. 275 00:40:55.430 --> 00:41:00.179 Speaker 10 (Community Hall): Does the city… does the city collect money that goes straight to the county? 27600:41:10.300 --> 00:41:13.619Speaker 10 (Community Hall): The vector, like, the vector control thing. 277 00:41:13.620 --> 00:41:15.460 Speaker 16 (Community Hall): That we have letters. 27800:41:16.280 --> 00:41:18.349Speaker 16 (Community Hall): About the increase in fees. 279 00:41:18.890 --> 00:41:23.120 Speaker 13 (Community Hall): So is that collected in the fees that we pay to the city? 28000:41:23.790 --> 00:41:27.869Speaker 16 (Community Hall): And then the city doesn't touch it, and then sends it straight to the county. 28100:41:29.410 --> 00:41:31.249 Speaker 7 (Community Hall): I'm sorry, you said vector? 282 00:41:31.255 --> 00:41:34.925Speaker 16 (Community Hall): control, because most of us have received a letter 28300:41:35.645 --> 00:41:38.755Speaker 16 (Community Hall): Asking us to vote on a fee. 284 00:41:39.790 --> 00:41:43.069 Speaker 7 (Community Hall): I'm unfamiliar with this, do you live? 28500:41:43.400 --> 00:41:44.930 Speaker 16 (Community Hall): Do you live in our county? 286 00:41:45.385 --> 00:41:49.885 Speaker 7 (Community Hall): Well, I did. I now live in Santa Cruz County, but, if you can be prepared… 28700:41:49.885 --> 00:41:52.725Speaker 16 (Community Hall): county, people have received it, so… 288 00:41:56.820 --> 00:42:00.930 Speaker 7 (Community Hall): Okay, if it's for a special district, the city would not receive that money directly, no. 28900:42:03.180 --> 00:42:03.860Speaker 7 (Community Hall): spreadsheets. 290 00:42:04.510 --> 00:42:13.260 Speaker 7 (Community Hall): So, if it's for a special agency, or another agency, whether it's a special district, or if it's collect… it's the county. 29100:42:14.170 --> 00:42:21.370Speaker 7 (Community Hall): Let's take a step back, and this is starting to deviate a little bit from the conversation today, but the city does not receive funds 292 00:42:21.970 --> 00:42:23.060 Speaker 7 (Community Hall): in… 29300:42:23.430 --> 00:42:38.460Speaker 7 (Community Hall): with the purpose of it going straight to the county, as essentially an intermediate. But it's usually, you'll see the county collects funds for us, either through property taxes or some other measure, and then it gets remitted to the city. 294 00:42:38.590 --> 00:42:56.739Speaker 7 (Community Hall): typically doesn't work the other direction. However, there are processes where, let's say the city does collect a fund, that's… or some funds, through, like, business license tax. Part of the tax that we collect gets remitted to the state. So there's different functions that we're… that we have to collect 295 00:42:56.980 --> 00:43:11.190 Speaker 7 (Community Hall): some funds, and then remit some of those, those, those fees, to the other, to the other agencies, whether that be the state or the county, but nothing comes to mind immediately that, that, that the city collects in behalf of the county. 29600:43:15.690 --> 00:43:16.690Community Hall: Perfect, correct. 297 00:43:18.870 --> 00:43:20.179 Community Hall: on our building. 29800:43:23.420 --> 00:43:24.160Community Hall: Sorry. 299 00:43:24.670 --> 00:43:29.330Community Hall: So here, as a part, it's gonna be… Max. 30000:43:30.690 --> 00:43:48.940Speaker 7 (Community Hall): If it's relating to your property tax, the city… the county collects those taxes. They collect all those taxes, and then remits those funds they've collected to the appropriate agencies. Whether it's the city, or whether it's a fire district, or if it's a, 30100:43:49.080 --> 00:43:55.740Speaker 7 (Community Hall): the school district, right? So those funds are collected by the county, and then remitted to the various agencies. 30200:44:01.220 --> 00:44:01.920 Speaker 7 (Community Hall): Okay. 30300:44:05.750 --> 00:44:06.610Community Hall: One more. 30400:44:11.310 --> 00:44:15.050Speaker 7 (Community Hall): Apple C computer use our CD quite a bit. 305 00:44:15.770 --> 00:44:21.709Speaker 3 (Community Hall): How much money are we getting the finance from Apple Computer? Also, is there any other big companies? 30600:44:22.365 --> 00:44:24.894Speaker 17 (Community Hall): We can deliver more financials. 307 00:44:25.055 --> 00:44:30.525Speaker 17 (Community Hall): So we can, you know, build our city better and better. 30800:44:32.670 --> 00:44:45.270Speaker 7 (Community Hall): So, the largest company within Cupertino is certainly Apple, right? And so there are, there is a relationship that the city and Apple have, and 309 00:44:45.270 --> 00:45:03.869Speaker 7 (Community Hall): Some of those include, let's say there's donations that Apple provides to the city, whether it's to help support, public safety, or even, public works, projects. And so, and that varies from year to year, so there's not necessarily anything, concrete, but, 31000:45:04.320 --> 00:45:15.009Speaker 7 (Community Hall): As far as, enticing other businesses that… that falls within economic development to try to promote those business, relationships. 311 00:45:19.000 --> 00:45:20.190 Speaker 7 (Community Hall): Sir? 31200:45:21.030 --> 00:45:24.220Speaker 7 (Community Hall): I'm assuming that… are… 313 00:45:24.220 --> 00:45:29.530 Speaker 2 (Community Hall): The income, which is probably… might be a completely wrong assumption, but the income coming into the city. 31400:45:29.530 --> 00:45:32.820Speaker 11 (Community Hall): is relatively static. 315 00:45:33.560 --> 00:45:37.980 Speaker 11 (Community Hall): But every year… so, my question is, when I'm looking at the expenses. 31600:45:38.520 --> 00:45:41.959Community Hall: Is that a guarantee, or a hopeful guarantee that. 317 00:45:41.960 --> 00:45:45.349 Speaker 18 (Community Hall): We'll never… that we're not spending more than we… 31800:45:45.550 --> 00:45:52.000Speaker 18 (Community Hall): have… because I know, you know, the expenses, for good reasons, go up and down, up and down, up and down. 319 00:45:52.470 --> 00:45:58.300 Speaker 18 (Community Hall): But I'm trying to make sense of it in terms of… Like, our family budget. 32000:45:58.300 --> 00:46:15.329Speaker 7 (Community Hall): Understood. So, some revenue sources are a bit more volatile than others. Things that are a bit more consistent is property taxes, right? For the most part, you can expect them to constantly go up, whether it be nominal amounts, but they're pretty steady. The ones that are not 321 00:46:15.540 --> 00:46:19.019 Speaker 7 (Community Hall): So steady, are, like, sales taxes. 32200:46:19.270 --> 00:46:28.270Speaker 7 (Community Hall): So, that depends on economic conditions. So, we kind of saw, at least in the early days of COVID, we kind of saw a 323 00:46:28.480 --> 00:46:43.820 Speaker 7 (Community Hall): decrease, and then all of a sudden it spiked as everybody started buying a lot more products, right? And so that one's a bit more volatile. Another one that could be, could vary with, user utility taxes, not so much, but they're relatively stable, unless 32400:46:44.380 --> 00:46:59.239 Speaker 7 (Community Hall): they come to a sunset. So in 2030, we anticipate them to come to an end, and the city won't be able to collect those fees. Now, so we can forecast for that. However. 32500:46:59.390 --> 00:47:04.999Speaker 7 (Community Hall): do our plans, or at least the city, if you've been, listening to some of the 32600:47:05.060 --> 00:47:18.429 Speaker 7 (Community Hall): conversation, as of late in the council meetings, we'll be reaching out to, a polling, to, to see what the council or the residents' appetite is to continue that, that, that tax. 32700:47:18.430 --> 00:47:29.179Speaker 7 (Community Hall): in the out years, or anything exceeding 2030, right? And so, whether it's at 2.4%, which is what it is currently, or expanding that to, let's say, 2.5% or 3%, 328 00:47:29.350 --> 00:47:41.970 Speaker 7 (Community Hall): So, again, some revenues are a bit more steady. The ones that are a bit more of a challenge are also grants, and so those you would have to apply for, and if they are awarded to the city, then we can, 32900:47:42.080 --> 00:47:46.580Speaker 7 (Community Hall): we can… Bank on those for particular projects. 330 00:47:46.720 --> 00:47:59.549 Speaker 7 (Community Hall): CDBG is a bit more steady, however, let's say it's a one-off grant, you can only anticipate that for that one project, and you would have to pursue other grants for additional projects. 33100:48:00.100 --> 00:48:02.450Speaker 7 (Community Hall): So, yeah, does that answer your question? 332 00:48:04.130 --> 00:48:05.210 Speaker 7 (Community Hall): Okay, great. 33300:48:05.450 --> 00:48:08.220Speaker 7 (Community Hall): If we don't have any more questions, I think we'll… 334 00:48:10.760 --> 00:48:22.540 Speaker 9 (Community Hall): To answer your question from earlier, just a couple other examples of local cities using OpenGov for their financial transparency would be the city of Palo Alto, Atherton, Mountain View, and then the town of Colma. 33500:48:22.770 --> 00:48:28.670Speaker 9 (Community Hall): So if you search those and then OpenGov, you'll be able to compare their budgets and their reports to Cupertino's. 33600:48:32.220 --> 00:48:47.450Speaker 7 (Community Hall): Okay. And with that, we'll end this first section. We'll go offline, and then we'll open it up for… we'll have a short break, so if you want to refill on your refreshments or get another snack, please do so, and then we'll start our interactive part shortly.