[Call to Order]
          [00:00:08]
          OKAY, LET'S GO AHEAD AND. GET. 
          INTO. 
          [Roll Call]
THAT. OKAY. THREE POINT. METRO TV WILL BE STARTING IN 30S. 
          [ ID 25-0286     Revenue, Expenditures, Capital & Debt]
GOOD EVENING. IT'S MAY 8TH. IT'S ABOUT 517. WE'RE JUST A FEW MINUTES LATE, STARTING WITH OUR BUDGET HEARINGS. BUT I WANT TO GO AHEAD AND GET US STARTED. JUST A REAL QUICK GLANCE AROUND THE ROOM. WELL, I'LL DO THAT IN A MOMENT, I THINK, BEFORE I START. I NEGLECTED TO MENTION BEFORE THE MEETING STARTED TODAY IS THE VICE CHAIR OF THE BUDGET COMMITTEE'S BIRTHDAY. SO HE IS. 
          HE'S. THERE YOU GO. SO THE GOOD NEWS IS HE'S CATCHING UP WITH ME. SO IF I CAN FIND A WAY TO SLOW DOWN SOME. SO I DO WANT TO WELCOME EVERYONE TO THE FIRST DAY OF THE FY 26 BUDGET HEARINGS. I GOT A MESSAGE FROM SOME OF OUR STAFF AT THE. I THINK IT WAS MONDAY MORNING, LIKE I WAS GETTING I WAS JUST GETTING UP AND I GOT A MESSAGE SAYING IT'S BUDGET WEEK. SO SOME OF US ARE A LITTLE BIT MORE EXCITED. IT MIGHT HAVE BEEN. SO I'M KEVIN KRAMER, I'M CHAIR OF THE BUDGET COMMITTEE. THE MAYOR'S PROPOSED A $1.2 BILLION OPERATING AND CAPITAL BUDGET. 
          FOR THE NEXT SEVEN WEEKS, THIS COMMITTEE WILL BE HEARING FROM 20 TO 20 OF THE 43 DEPARTMENT AGENCIES BEING CONSIDERED FOR FUNDING. ANALYZING THE ANNUAL ANNUAL BUDGET IS THE MOST IMPORTANT JOB OF THIS COMMITTEE, AND I WANT TO THANK ALL OF YOU FOR THE NOW FOR THE HOURS THAT YOU'RE GOING TO BE PUTTING IN OVER THE NEXT SEVERAL WEEKS. WITH ME TODAY IS THE BUDGET COMMITTEE VICE CHAIR, MARKUS WINKLER. OTHER MEMBERS OF THE COMMITTEE WITH US ARE SHAMIKA PARISH. RIGHT. SHE WAS JOINING US VIRTUALLY. OKAY. SHE'S STILL BEHIND, STILL WITH US. JP LEININGER, PAUL MCCREADY MCCRANEY. IT SAYS COUNCILMAN RENO WEBER. I DON'T SEE HIM IN THE ROOM, SO HE WILL HAVE AN EXCUSED ABSENCE. COUNCILMAN ANDREW OWEN IS WITH US. 
          COUNCILWOMAN MARILYN PARKER, COUNCILMAN PIAGENTINI IS IN THE ROOM OR WAS IN THE ROOM. WILL BE 
          [00:05:04]
STEPPING BACK IN. COUNCILMAN JEFF HUDSON, COUNCILWOMAN JENNY WOOLDRIDGE IS WITH US. OTHER COUNCIL MEMBERS PRESENT INCLUDE COUNCILWOMAN HAWKINS, COUNCILWOMAN CHAPEL, COUNCILWOMAN BASS, COUNCIL COUNCILWOMAN MCCRANIE, COUNCILMAN, BATON, COUNCILMAN BENSON, COUNCILMAN JJ, COUNCILMAN. JOSEPH. I'M SORRY. COUNCILMAN. SAM. COUNCILWOMAN PURVIS, I THINK THAT CAPTURES EVERYBODY YOU SAID THERE ON THE SCREEN BEHIND ME IS MISS WRIGHT THE ONLY ONE ON THE SCREEN? OKAY, GREAT. THAT CAPTURES EVERYBODY. WELCOME AGAIN. IF I COULD ASK THE CLERK TO PLEASE READ OUR MEETING ANNOUNCEMENT INTO THE RECORD. THIS MEETING IS BEING HELD PURSUANT TO KRS 61.826 AND COUNCIL RULE FIVE A READ IN FULL. GREAT. THANK YOU. 
          WELCOME. ANGELA DUNN, METRO'S CEO, AND AARON JACKSON, METRO'S EXECUTIVE DIRECTOR FOR BUDGET. 
          THANK YOU, YOUR STAFF AND ALL THE DEPARTMENT DIRECTORS FOR ALL THE ENERGY POURED INTO PRODUCING THE $1.2 BILLION BUDGET THAT'S IN FRONT OF US TODAY. WE ARE ANXIOUS TO HEAR YOUR OVERVIEW OF THE PROPOSED BUDGET. COMMITTEE MEMBERS. THE PRESENTATION IS DIVIDED INTO FOUR PARTS REVENUE, EXPENDITURES, DEBT, AND CAPITAL. ENTER INTO THE QUEUE WHEN YOU HAVE A QUESTION, AND I WILL CALL ON YOU AT THE END OF EACH OF THESE FOUR SECTIONS. SO WE'LL BE AS GET ONE SECTION AT A TIME. 
          AND THEN AFTER THOSE FOUR SECTIONS, WE'LL TAKE A BRIEF BREAK FOR METRO TV TO PREPARE FOR THE SECOND PART OF THE HEARINGS, WHERE THE OFFICE OF MANAGEMENT AND BUDGET WITH MISS DUNN, WITH OFFICE MANAGEMENT BUDGET. SO, MISS DUNN, THE FLOOR IS YOURS. THANK YOU. GOOD EVENING AGAIN, ANGELA DUNN. I'M THE CHIEF FINANCIAL OFFICER FOR LOUISVILLE METRO GOVERNMENT HERE TO PRESENT THE PROPOSED BUDGET OVERVIEW. CHAIRMAN KRAMER MENTIONED WE'LL BE TALKING ABOUT REVENUE OPERATING DEBT MANAGEMENT AND CAPITAL. I'D LIKE TO FIRST START WITH A THANK YOU TO THE OFFICE OF MANAGEMENT AND BUDGET DIRECTORS, AARON JACKSON, RICHARD CHAMPION, AMANDA BAKER, JOEL NOVELL, CHRISTINA BRITZ AND KEN HILDEBRAND. I WOULD ALSO LIKE TO THANK MAYOR GREENBERG AND HIS TEAM, THE DEPUTY MAYORS, THE METRO AGENCY DIRECTORS AND THEIR LEADERSHIP TEAMS, OMB BUDGET TEAM AND OMB FISCAL COORDINATORS FOR ALL THE WORK THAT THEY CONTRIBUTED TO COMPLETING THIS BUDGET. WE WILL WORK OVER THE NEXT SEVERAL WEEKS TO PROVIDE ACCURATE, TIMELY RESPONSES TO ALL MEMBERS OF THE BUDGET COMMITTEE. IN PARTICULAR, WE'D LIKE TO NOTE THAT THE COUNCIL HAS ALREADY RECEIVED THE FOLLOWING ITEMS PER ITS REQUEST. THE NET INTEREST, FEES AND EXPENSES DETAIL A DETAIL OF THE CAPITAL FUND, RESTRICTED ACCOUNTS FOR ALL FUNDS FOR FY 25 AND FY 26, THE METRO WIDE POSITION CONTROL REPORT, DEPARTMENT TURNOVER REPORT, AND THE METRO WIDE CONTRACT LIST. THE THIRD QUARTER REPORTS WILL BE SUBMITTED WITHIN THE NEXT FEW BUSINESS DAYS. THE FY 26 RECOMMENDED EXECUTIVE BUDGET AND DETAILED BUDGET DOCUMENTS ARE AVAILABLE ONLINE FOR YOUR REFERENCE. AS THE MAYOR STATED IN HIS BUDGET ADDRESS, THIS BUDGET FOCUSES ON CONTINUED EFFORTS TO BUILD A SAFER, STRONGER, HEALTHIER CITY, PROVIDE BASIC GOVERNMENT SERVICES, EXPAND ECONOMIC DEVELOPMENT AND DOWNTOWN REVITALIZATION, REVITALIZATION, INCREASE AFFORDABLE HOUSING, AND STRENGTHEN EARLY CHILDHOOD EDUCATION. WE ACCOMPLISH THESE THINGS THROUGH STRATEGIC INVESTMENTS IN PUBLIC SAFETY PARKS AND LIBRARIES. WE LEVERAGE FEDERAL AND STATE FUNDING OPPORTUNITIES TO SPUR OUR ECONOMIC GROWTH. WE ADDRESS HOMELESSNESS, MEET AFFORDABLE HOUSING NEEDS, AND INVEST IN EARLY CHILDHOOD EDUCATION. AND LAST BUT CERTAINLY NOT LEAST, WE RECOGNIZE THE NEED TO ATTRACT AND RETAIN A TALENTED WORKFORCE NECESSARY TO PERFORM THIS IMPORTANT WORK AND SERVE THE CITIZENS OF OUR CITY. THIS BUDGET PROMOTES AND SUPPORTS AN ORGANIZATIONAL CULTURE THAT ADVANCES OUR PRIORITIES DAILY, DEMONSTRATES POSITIVE PROGRESS IN ALL ACTIVITIES, AND ENCOURAGES HIGH QUALITY PERFORMANCE TO BUILD A STRONG FOUNDATION FOR OUR FUTURE. THIS IS A HIGHLY SUMMARIZED SNAPSHOT OF SOME OF OUR LARGE SPECIAL REVENUE FUNDING SOURCES. JUST A QUICK UPDATE ON WHERE WE STAND WITH THESE. 388.3 MILLION OF AMERICAN RESCUE PLAN, ALSO KNOWN AS ARP, STATE AND LOCAL FISCAL RECOVERY FUNDS, HAVE BEEN APPROPRIATED AS OF MARCH 31ST, 2025, 318.7 MILLION HAVE BEEN SPENT, AND THE REMAINING 69.6 MILLION HAVE BEEN OBLIGATED, PER US TREASURY GUIDELINES, 87 MILLION IN BILL FEDERAL AWARDS HAVE BEEN SECURED AND APPROPRIATED, UTILIZING 21 MILLION OF PREVIOUSLY APPROPRIATED BILL MATCH DOLLARS. 
          AN ADDITIONAL 18.4 MILLION BILL OF FEDERAL AWARDS HAVE BEEN APPLIED FOR OR IDENTIFIED, POTENTIALLY COMMITTING THE REMAINING 6 MILLION OF BILL MATCH 132 MILLION APPROPRIATED DIRECTLY TO LOUISVILLE METRO FROM THE FY 2526 KENTUCKY STATE BUDGET. INCLUDES 100 MILLION FOR DOWNTOWN REVITALIZATION PROJECTS, 7 MILLION FOR THE SHAWNEE OUTDOOR LEARNING CENTER, 
          [00:10:05]
2.5 FOR JEFFERSON MEMORIAL FOREST, AND 2 MILLION FOR THE FERN CREEK LIBRARY. THIS WAS ALSO MENTIONED LAST YEAR, AND I JUST MENTIONED IT AGAIN THIS YEAR BECAUSE THIS WAS A BIANNUAL BUDGET APPLIES TO FY 26 AS WELL. 19.5 MILLION OF OPIOID SETTLEMENT FUNDS. THAT INCLUDES THE INTEREST HAS BEEN RECEIVED AS OF APRIL 30TH, 2025. THERE'S APPROXIMATELY 15.6 MILLION APPROPRIATED TO DATE. THIS BUDGET INCLUDES 3.1 MILLION OF PROPOSED OPIOID SETTLEMENT USES. 
          FINALLY, METRO HAS RECEIVED 1.8 MILLION AS A RESULT OF SETTLEMENT AGREEMENTS WITH JUUL AND ALTRIA RESOLVING LAWSUITS, CLAIMING THE COMPANY AGGRESSIVELY MARKETED ITS E-CIGARETTES TO YOUNG PEOPLE AND FUELED VAPING CRISIS SETTLEMENT FUNDS ARE REQUIRED TO BE USED FOR COMPENSATORY RESTITUTION OR REMEDIATION TO ADDRESS THE EPIDEMIC OF YOUTH VAPING AND NICOTINE ADDICTION. SO I HOPE YOU LIKE GRAPHS AND CHARTS, BECAUSE WE'RE ABOUT TO LOOK AT A BUNCH OF THEM. METRO GOVERNMENT MAINTAINS A FINANCIAL STABILIZATION POLICY FOR THE UNRESTRICTED GENERAL FUND BALANCE, OR WHAT WE REFER TO SOMETIMES AS THE RAINY DAY FUND. 
          THE OBJECTIVE OF THE POLICY IS TO BUILD A FINANCIAL RESERVE, WHICH SERVES TO PROVIDE A FIRST OFFENSE AGAINST DEFICIT SPENDING AND HELP MAINTAIN LIQUIDITY. WHEN BUDGETED OVERAGES BECOME INEVITABLE, IT IS ESSENTIAL THAT METRO MAINTAINS ADEQUATE LEVELS OF FUND BALANCE TO MITIGATE CURRENT AND FUTURE RISK. MAINTAINING A FINANCIAL STABILIZATION FUND WITH GUIDELINES IN THIS POLICY HELPS METRO TO ANALYZE ITS FINANCIAL STABILITY, ACCUMULATE FINANCIAL RESERVES, MAINTAIN A FAVORABLE CREDIT RATING, AND A STABLE CREDIT OUTLOOK, PROACTIVE STRATEGY AGAINST SERVICE REDUCTIONS OR TAX INCREASES, AND SAFEGUARD FUNDS AGAINST TEMPORARY REVENUE SHORTFALLS OR UNFORESEEN EXPENDITURES. MAINTAINING A FINANCIAL STABILIZATION FUND IS A PRUDENT FISCAL MANAGEMENT TOOL, BENEFICIAL FOR SUSTAINING THE EFFICIENT OPERATION OF METRO. DESPITE THE UNCERTAINTY OF FUTURE ECONOMIC CLIMATES, AND USING THE FINANCIAL STABILIZATION FUND, LOUISVILLE AIMS TO MAINTAIN A FUND BALANCE BETWEEN 1 AND 2 MONTHS OF THE AVERAGE CURRENT YEAR GENERAL FUND BUDGETED EXPENDITURES, AND ALSO ATTAIN A FUND BALANCE GOAL OF 13% OF GENERAL FUND REVENUES. THIS BUDGET ESTIMATES THE UNASSIGNED FUND BALANCE WILL REACH 12.5% OF THE GENERAL FUND REVENUE. THIS SLIDE PROVIDES AN OVERVIEW OF OUR URBAN SERVICES DISTRICT. THE REVENUE AND EXPENSE SUMMARY ASSOCIATED WITH THAT AREA. THE ANALYSIS PROVIDES A COMPARISON OF ACTUAL FY 23 AND FY 24 URBAN SERVICES REVENUES AND EXPENDITURES. IT ALSO INCLUDES THE CURRENT FY 25 BUDGETED REVENUES AND EXPENDITURES, AND THE ESTIMATES FOR FY 26 CAPITAL EXPENDITURES WERE ADDED TO THIS ANALYSIS FOR FY 26. AS A RESULT OF LANGUAGE CHANGE IN CRS 60 7C1 47, THE CAPITAL EXPENDITURES IDENTIFIED FOR FY 26 REPRESENT AN ESTIMATED DEBT SERVICE PAYMENT APPLICABLE TO BOND FUNDED PROJECTS SPECIFIC TO USD SERVICES. ALSO NEW FOR FY 26 IS THE EXEMPTION OF APPLICABLE CENTRAL BUSINESS DISTRICT EXPENDITURES FROM THE TOTAL USD EXPENDITURES. CALCULATION. IN ACCORDANCE WITH SENATE BILL 129 APPROVED BY THE STATE LEGISLATURE DURING THE 2025 REGULAR SESSION. GO STRAIGHT INTO THE REVENUE OVERVIEW AND THEN PAUSE FOR REVENUE QUESTIONS. YES, WE CAN JUST PAUSE FOR REVENUE QUESTIONS, IF THAT'S OKAY. COUNCILMAN WINKLER. I'M SORRY, MY QUESTIONS ARE SPECIFIC TO REVENUE OPERATIONS, SO OKAY, THEN WE'LL PLOW AHEAD. OH, YOURS IS SPECIFIC TO THIS. OKAY, COUNCILMAN PIACENTINI. NO. THAT'S FINE. I DO HAVE ONE ABOUT THIS. GO AHEAD. THANK YOU, MR. CHAIR. JUST ABOUT THE URBAN SERVICE DISTRICT THING. FIRST OF ALL, THAT'S GREAT. I MEAN IT, PEOPLE HAVE CALLED ME CRAZY WHEN I SAID THE USD WAS OPERATING AT A DEFICIT THE PAST COUPLE YEARS, AND I THINK IT VALIDATES THAT. BUT I'M VERY HAPPY TO SEE THAT LEVEL OUT IF I'M READING THIS CORRECTLY. BASICALLY, WE'RE ON FISCAL SUSTAINABLE TERMS THIS YEAR IN THE USD. MY ONLY QUESTION RELATED. AND MAYBE IT'S AN EXPENSE QUESTION, BUT IT'S RELATED TO THIS CHART. THAT'S WHY I'M ASKING IT NOW IS THE NEW MAYOR ANNOUNCED A $6 MILLION CAPITAL ALLOCATION FOR A NEW FIRE DEPARTMENT FOR LOUISVILLE FIRE, WHICH IS IN THE USD. IS THAT CAPTURED IN HERE IN THE CAPITAL LINE? ITEM THAT YOU SEE HERE IS A IS AN ESTIMATED DEBT SERVICE PAYMENT. SO THAT FIRE THAT CAPITAL EXPENDITURE FOR LOUISVILLE FIRE WILL BE PAID FOR IF THIS BUDGET, YOU KNOW PASSES WOULD BE PAID FOR WITH BOND FUNDS. WE DON'T WE WOULDN'T ISSUE A SEPARATE BOND ISSUANCE JUST FOR THAT. SO WE CALCULATE WHAT THE RELATED DEBT SERVICE WOULD BE FOR THAT PARTICULAR ITEM. AND THEN AND REFERENCE IT HERE, APPLY IT HERE IN THE US CHART. THANK YOU. BECAUSE I ACTUALLY HAD PEOPLE ASK ABOUT IT. SO YOU KNOW IS HOW IS THAT 
          [00:15:03]
BEING PAID FOR. AND YOU'VE ANSWERED THE QUESTION. IT'S BEING PAID FOR OUT OF USD. SO THANK YOU VERY MUCH I APPRECIATE THE CLARITY. THANK YOU, MR. CHAIRMAN. GREAT. FOR THIS PARTICULAR PIECE OF THE BUDGET OR COUNCILMAN PARKER. FUNDS. OKAY. GO AHEAD. YOU HAVE THE FLOOR. YOU HAVE THE FLOOR. I WAS CURIOUS AS TO WHERE THE OPIOID FUNDS, WHERE THEY COME FROM AND WHAT THEY'RE BEING SPENT ON. WELL, THE OPIOID FUNDS COME FROM VARIOUS SETTLEMENTS THAT WERE RELATED TO OPIOID ABUSE. SO I DON'T KNOW OFF THE TOP OF MY HEAD, BUT WE HAVE A LONG LIST OF DRUG COMPANIES ESSENTIALLY, THAT WERE INVOLVED IN THAT LAWSUIT. AND SO THAT'S WHERE THAT SETTLEMENT COMES FROM. THE OPIOID FUNDS ARE TO BE SPENT ON SPECIFIC PROGRAMS, REMEDIATION EFFORTS, ETC, BUT THOSE FUNDS ARE NOT SPENT ON ANYTHING UNTIL AN ORDINANCE IS BROUGHT BEFORE THIS BODY AND IT HAS TO BE APPROVED. SO ANYTHING THAT'S BEEN SPENT TO THIS POINT HAS BEEN BROUGHT TO THE METRO COUNCIL AND APPROVED BY THE VARIOUS ORDINANCES. TYPICALLY, THE HEALTH DEPARTMENT HAS BROUGHT MOST OF THOSE ORDINANCES, BUT THERE HAVE BEEN SOME INSTANCES. LAST YEAR'S BUDGET WAS AN EXAMPLE, AND THIS YEAR'S BUDGET IS ALSO AN EXAMPLE WHERE WE HAVE ALLOCATED THE USE OF SOME OPIOID FUNDS TOWARDS. THE ALLOWABLE TYPES OF ACTIVITIES. BUT WE'RE BRINGING IT IN THE BUDGET ORDINANCE AS OPPOSED TO A SEPARATE ORDINANCE. 
          OKAY. THANK YOU. COUNCILMAN PIAGENTINI, I THINK YOU HAD A FOLLOW UP. SORRY. JUST GETTING BACK TO THE THANK YOU, MR. CHAIR. IS THERE WOULD YOU MIND OFFLINE IF YOU HAVE THE ABILITY TO SORT OF PROJECT OUT AGAIN, WE USUALLY DO LIKE BEST CASE SCENARIO, WORST CASE SCENARIO, MID-RANGE SCENARIO FOR REVENUES MOVING FORWARD. IS THAT SOMETHING YOU GUYS HAVE DONE OR COULD DO FOR THE NEXT MAYBE 2 OR 3 FISCAL YEARS? NOT RIGHT THIS SECOND, BUT SURE, WE CAN CERTAINLY TAKE A LOOK AT THAT. WE I, WE HAVE NOT PROJECTED OUT PAST THIS MAYBE 27. I THINK WE HAVE SOME PRELIMINARY PROJECTIONS FOR FY 27, BUT WE HAVEN'T REALLY GONE OUT PAST THAT. SO WE COULD CERTAINLY TAKE A LOOK AND SHARE WITH WHAT WE HAVE AT THIS POINT. THANK YOU. 
          AND THEN WAS THE NON-RECURRING FUNDING OF THE CURRENT REVENUE SURPLUS TAKEN INTO CONSIDERATION WHEN ESTIMATING FISCAL YEAR 26 REVENUE, OR WILL WE EXPECT TO SEE A LARGE REVENUE SURPLUS AGAIN NEXT YEAR? DO YOU WANT TO ANSWER THAT? AARON JACKSON WITH OMB, THE NON-RECURRING SOURCES THAT'S BUILT INTO THE BUDGET FOR THIS YEAR THAT IS PRIMARILY REVENUE ABOVE WHAT WE BUDGETED FOR THIS YEAR. SO THAT'S ROUGHLY 40, I THINK IT WAS LIKE 42 OR 43 MILLION THAT WE'RE BUDGETING FOR IN FY 26. BUT THAT DOESN'T TAKE THAT DOESN'T MAKE ANY ASSUMPTION FOR FUTURE BUDGETS. OKAY, OKAY. 
          THANK YOU. THANK YOU, MR. CHAIRMAN. COUNCILMAN WINKLER, AND WE GET THE CLERK AND SHERIFF SURPLUS, NON-RECURRING, RECURRING REVENUE RIGHT WHEN THEIR TERM EXPIRES. IS IT DECEMBER 31ST OR WHAT SORT OF NEXT YEAR? WHAT SORT OF THE DATE THAT WE SHOULD EXPECT THAT I BELIEVE LAST YEAR, BECAUSE WE'VE GOT ANOTHER FOUR YEARS BEFORE WE GET THAT AGAIN AND WE GOT SOME PAYMENTS MAYBE LAST YEAR AND THE YEAR BEFORE THEY KIND OF CAME AT DIFFERENT TIMES. IT REALLY DEPENDS ON WHEN THEY PROVIDE THAT TO US. SO I THINK ONE OF THEM DID COME LATE IN THE YEAR. 
          IT CAME LATE IN DECEMBER, BUT THAT WAS MAYBE THE CLERK, BUT AND THE OTHER ONE WE GOT A LITTLE EARLIER IN THE YEAR. SO THERE'S NO REAL TIMELINE ON WHEN THAT WHEN THEY PROVIDE THAT TO US. IT SORT OF DEPENDS ON WHEN THEY WRAP UP THEIR AUDIT AND THEY WRAP UP THEIR YEAR AND THEY HAVE FINALIZED THEIR FINANCIALS. OKAY. AND YOU DON'T HAVE ANY INSIGHTS IN THIS BUDGET INTO WHAT THAT SURPLUS COULD POTENTIALLY BE? NOT AT THIS TIME. THANK YOU. OKAY. SEEING NO ONE ELSE WE'LL GO ON AND MOVE ON TO THE NEXT PIECE. THANKS. OKAY. SO WE'LL PROCEED WITH SORT OF THE GENERAL REVENUE OVERVIEW. THE FY 26 GENERAL FUND REVENUES ARE PROJECTED TO TOTAL 876 MILLION, OR 2.1%, OVER THE FY 25 ESTIMATE AND FY 26. THE NET INTEREST, FEES AND EXPENSES ASSOCIATED WITH THE REVENUE COMMISSION'S OPERATING COST AND GENERAL OBLIGATION DEBT SERVICE PAYMENTS IS INCREASING BY 6.1 MILLION, AND THE FY 26 INVESTMENT INCOME FORECAST IS INCREASING BY 9 MILLION. EXCLUDING THESE CHANGES, TOTALING APPROXIMATELY 15.1 MILLION, THE FY 26 GENERAL FUND RECEIPTS ARE PROJECTED TO GROW BY 3.6%. THE LARGEST COMPONENT EMPLOYEE WITHHOLDINGS ON INDIVIDUAL EARNINGS ARE FORECAST TO GROW BY 3.49% IN FY 26, AS JOB AND WAGE GROWTH CONTINUES BOTH NATIONALLY AND LOCALLY. THIS IS A BREAKDOWN OF THE VARIOUS SOURCES OF REVENUE TO METRO. AS YOU CAN SEE, METRO HAS A HIGH DEPENDENCY ON THE OCCUPATIONAL LICENSE TAX AT ABOUT 56% OF OUR TOTAL REVENUE. THE OIL TAX IS COMPRISED OF NET 
          [00:20:06]
PROFITS, WAGE WITHHOLDING AND THE INSURANCE PREMIUM TAX. THE SECOND HIGHEST SOURCE OF REVENUE IS THE PROPERTY TAX AT 24%. THE REAL PROPERTY TAXES FOR BOTH METRO AND THE URBAN SERVICES DISTRICT ARE BOTH ANTICIPATED TO CHANGE SLIGHTLY. BASED UPON THE PRELIMINARY ASSESSMENT RECAPS RECEIVED FROM THE PROPERTY VALUATION ADMINISTRATOR. THE PRELIMINARY RECAPS SHOW TOTAL ASSESSMENT GROWTH IN EXCESS OF 4% IN BOTH THE METRO AREA AND THE USD FROM JANUARY 1ST, 2024 AND JANUARY 1ST, 2025. AS OF JANUARY 1ST, 2025, REAL PROPERTY AND MLS AREAS FIVE AND SIX WERE REASSESSED. THE FY 26 REAL PROPERTY TAX RATES WILL NOT BE SET UNTIL AFTER THE FINAL ASSESSMENT. RECAPS ARE RECEIVED FROM THE REVENUE CABINET LATER THIS SUMMER. EMPLOYEE WITHHOLDINGS ARE EXPECTED TO GROW BY 3.9% IN FY 26, AS BOTH JOB GROWTH AND WAGE INCREASES SLOW SOMEWHAT AS THE FEDERAL RESERVE CONTINUES THE HIGHER INTEREST RATE ENVIRONMENT IN AN ATTEMPT TO COMBAT INFLATION. BY WAY OF COMPARISON, EMPLOYEE WITHHOLDINGS ARE PROJECTED TO GROW BY 4.3% IN FY 26. NET PROFIT COLLECTIONS ARE EXPECTED TO INCREASE IN FY 26 BY 1.8%. FY 26 NET PROFIT COLLECTIONS ARE FORECAST TO INCREASE SLIGHTLY FROM FY 25, AS CORPORATIONS FACE PRICING CHALLENGES ARISING FROM POTENTIAL WIDESPREAD FEDERAL TARIFF INCREASES. THE WATER COMPANY DIVIDEND IS EXPECTED TO GROW BY 25.1% IN FY 25 AND 11.2% IN FY 26. AS THE WATER COMPANY BALANCE SHEET IS POSITIVELY IMPACTED BY SIGNIFICANT IMPROVEMENTS IN THE STATEWIDE PENSION SYSTEM. THIS CHART IS REALLY JUST TO HELP VISUALIZE THE VOLATILITY OF, OR VOLATILITY OF THE NET PROFITS COLLECTION. SO YOU CAN SEE THERE'S NOT A SLIGHT INCREASE OR A SLIGHT DECREASE. IT'S SORT OF ALL OVER THE BOARD. WE'RE UP AND DOWN. AND IT'S SORT OF JUST, YOU KNOW, GIVES YOU A VISUAL TO UNDERSTAND WHY WE HAVE TO TAKE THAT VOLATILITY INTO ACCOUNT WHEN WE ARE WORKING ON OUR FORECASTS AS IT RELATES TO THE OCCUPATIONAL LICENSE TAX. FY 22 SAW RECORD COLLECTIONS OF 115 MILLION, AIDED BY AN EXTRAORDINARY ONE TIME CAPITAL GAIN PAYMENT OF 14.2 MILLION. AFTER SLOWING SOMEWHAT IN FY 23 TO 91.3 MILLION AND 92.4 MILLION IN FY 24, COLLECTIONS IN 25 ARE FORECASTED TO INCREASE TO 101.7 MILLION, FOLLOWED BY 1.3 MILLION IN FY 26. IT SHOULD BE NOTED HOW MUCH HIGHER THE LAST FOUR FISCAL YEAR NET PROFITS COLLECTIONS ARE COMPARED TO THE SLOWER, STEADY UPWARD TRAJECTORY WITNESSED PRIOR TO THE PANDEMIC. OOPS. 
          HERE WE GO. THIS SLIDE PROVIDES A DEPICTION OF THE MAJOR REVENUE SOURCES FOR FY 26 SPREAD OVER FOUR QUARTERS. WE DON'T REALLY WE DON'T TYPICALLY BALANCE, YOU KNOW, BUDGET THIS WAY. BUT THIS IS JUST TO SORT OF HELP VISUALIZE HOW THAT REVENUE COULD BE SPREAD OVER THE FOUR QUARTERS OF THE YEAR. AS THE COUNCIL IS AWARE, REAL AND PERSONAL PROPERTY TAXES ARE DUE BY 1231 OF EACH YEAR, WHICH LEADS TO LARGE SWINGS IN THE AMOUNT OF REVENUE RECORDED IN EACH QUARTER. BUT OVERALL, APPROXIMATELY 95% OF THE REAL AND PERSONAL PROPERTY TAX LINE ITEM IS RECEIVED DURING QUARTERS TWO AND THREE. THAT'S IT FOR REVENUE. COUNCILMAN. COUNCILMAN WINKLER, THANK YOU. I'VE GOT THREE QUESTIONS ON THE REVENUE SIDE, SO I'LL JUST KIND OF RAPID FIRE THESE OFF. AM I CORRECT IN READING THE BUDGET THAT THE TOTAL ESTIMATED RECEIPTS FOR SWIMMING THIS YEAR ARE $1,300? FOR SWIMMING? YES. SWIMMING POOL FEES. OH, I DON'T, DO YOU? WE'LL HAVE TO. OKAY. IF YOU CAN TAKE A LOOK AT THAT. WOULD BE VERY HELPFUL TO KNOW. I JUST WANT TO MAKE SURE I'VE READ THAT CORRECTLY. NUMBER TWO, INTEREST EXPENSE THIS YEAR YOU'RE PROJECTING I THINK IT'S 7.7 MILLION VERSUS 16.7. SO ROUGHLY HALF. CAN YOU SPEAK TO WHY THE SIGNIFICANT REDUCTION IN INTEREST INCOME OR PROJECTED INTEREST INCOME? I GUESS I SHOULD SAY, SURE. WELL, WE'VE INCREASED FROM WHAT WE BUDGETED LAST YEAR. WE ARE, I GUESS, SORT OF TAKING A CONSERVATIVE APPROACH TO WHAT WE WANT TO BUDGET FOR INVESTMENT INCOME THIS YEAR. WE DO RECOGNIZE THAT IT'S WE'VE DONE VERY WELL WITH INVESTMENT INCOME. THERE'S A LITTLE BIT OF UNCERTAINTY IN THE MARKET IN TERMS OF WHAT THOSE RATES WILL DO. AND WE ARE SPENDING DOWN MORE QUICKLY THE YOU KNOW, WE'RE I THINK WE'VE OVER LEFT AT LIKE 69 MILLION OF WHAT WE'VE WHAT WE HAVE LEFT IN ARP, YOU KNOW. SO WE ARE SPENDING DOWN ON PROJECTS FASTER. THE CASH IS DECREASING A LITTLE BIT. AND SO WE TOOK YOU KNOW, WE WANTED TO INCREASE THAT ESTIMATE OBVIOUSLY, BUT WE WERE MINDFUL OF SOME OF THE UNKNOWNS ASSOCIATED WITH THAT. WOULD IT 
          [00:25:01]
BE POSSIBLE TO GET SOME SORT OF CHART THAT SHOWS US LIKE MAYBE JUST FOR THE LAST, YOU KNOW, LAST YEAR AND THE FUTURE YEAR, SORT OF HOW MUCH MONEY IS IN THE BANK WITH THAT SPEND RATE OF WHAT YOU'RE DRAWING THE INTEREST ON? ABSOLUTELY. OKAY. AND THEN THE LAST QUESTION I HAVE, YOU KNOW, OUR PERCENTAGE, IF I THINK IT'S A SLIDE OR TWO BACK, OUR PERCENTAGE OF TOTAL OF FEES IS LIKE 0.1% OF THE BUDGET. CAN YOU SPEAK TO HOW OUR COLLECTION OF FEES RELATES TO SIMILAR SIZED CITIES? YOU KNOW, DO WE CHARGE APPROPRIATE AMOUNTS? DO WE COLLECT APPROPRIATE AMOUNTS IN THINGS LIKE BUILDING PERMITS AND THOSE KINDS OF FEES, OR ARE WE HEAVY OR ARE WE LIGHT? I DON'T WE HAVE NOT CONDUCTED A COMPARISON LIKE THAT. IT'S CERTAINLY SOMETHING WE CAN TAKE A LOOK AT. YOU KNOW, FINES AND FEES ARE COLLECTED SORT OF ACROSS THE BOARD IN DIFFERENT WAYS. AND SO YOU HAVE SOME THINGS THAT HAPPEN OUT AT THE AGENCIES, ESPECIALLY WITH PERMITS. YOU KNOW, PEOPLE COME INTO THE LOCATION IN ORDER TO GET A PERMIT, THEY HAVE TO PAY THAT FEE, BUILDING PERMITS, ETC. OTHER PERMITS ARE ISSUED, YOU KNOW, SORT OF OUT IN THE FIELD. 
          AND SO WE DON'T HAVE THAT COMPARISON, UNFORTUNATELY. BUT I THINK WE'RE PRETTY CONSISTENT YEAR OVER YEAR. AND WHAT WE AND WHAT THOSE REVENUES CONTRIBUTE TO THE OVERALL BUDGET. 
          COUNCILMAN PIACENTINI, THANK YOU. REGARDING PROPERTY TAX RATES. SO I SEE THAT IN THE SLIDE WHERE YOU BROKE DOWN PROPERTY TAXES, IT'S UP 4.3%, RIGHT? WE TRY TO KEEP IT AT TRY TO GET THE MAXIMUM 4%. AND THEN YOU HAVE TO MESS WITH THE RATE TO KEEP IT AROUND 4%. QUITE HAPPY THAT WE COULD SAY TO THE PUBLIC OUR METRO RATE IS LOWER THAN IT'S EVER BEEN. RIGHT. THE ACTUAL RATE VALUATION IS DIFFERENT, BUT DO WE? I KNOW YOU SAID THAT YOU DON'T HAVE THE FULL PVA ASSESSMENTS YET. ARE YOU STILL WAITING FOR? I KNOW WE DON'T VOTE ON THE RATES FOR ANOTHER COUPLE OF MONTHS. RIGHT? DO YOU HAVE A PROJECTION ON THOSE RATES OR TRULY, YOU HAVE NO IDEA AT THIS POINT IF WE'LL HAVE TO PULL THE RATES UP TO GET TO THE 4%? WELL, YOU KNOW, THIS SORT OF REFLECTS OUR PROJECTIONS, BUT WE DON'T HAVE FINAL NUMBERS. WE WON'T GET THOSE TILL LATER THIS SUMMER. SO, SO IN OTHER WORDS, BASED ON YOUR PROJECTION, THE RATE WOULD BE FLAT TO SLIGHTLY DOWN TO THE 0.3%. BUT IF THIS IS OFF BY MORE THAN 0.3% NEGATIVE, THE RATES MIGHT HAVE TO GO UP TO HIT THE 4%. CORRECT. WE MAY HAVE TO HAVE AN ADJUSTMENT. GOTCHA. THANK YOU VERY MUCH, COUNCILMAN WINKLER. SORRY. ONE MORE QUESTION ON REVENUES. CAN YOU SPEAK TO OUR. 
          SO I KNOW AND I'M SURE IN THE EXPENSE SIDE, WE'LL TALK A LITTLE BIT ABOUT THE EMS PAYMENTS TO SUBURBAN FIRE. WHAT I'M INTERESTED IN IS WHAT IS OUR COLLECTION RATE ON EMS BILLING. 
          HOW IS THAT SORT OF TRENDED OVER TIME? AND AGAIN, I'LL ASK A SIMILAR QUESTION TO THE FEES. 
          HOW DOES THAT COMPARE TO SIMILAR SIZED CITIES? I KNOW THAT OUR OUR MEDICAL BILLING. SO WE COLLECT BOTH FOR EMS AND HEALTH BILLING. AND I'M NOT SURE IF IT'S BROKEN OUT SPECIFICALLY, BUT I CAN SAY THAT THAT GROUP, THE MAJORITY OF IT IS EMS. FOR THAT GROUP, WE BRING IN ABOUT 15 MILLION A YEAR. I THINK THAT'S BEEN FAIRLY STEADY. WE'VE SEEN SOME SLIGHT INCREASES. SO WE'VE WE'VE LOOKED AT THIS AND ON MULTIPLE OCCASIONS, YOU KNOW, AND A LOT OF A LOT OF THE CHALLENGE THAT WE MEET IS LACK OF INFORMATION FROM PATIENTS OR JUST THE NEGOTIATED RATES THAT WE CAN COLLECT FROM EITHER INSURANCE COMPANIES OR MEDICAID, MEDICARE, ETC. SO, YOU KNOW, WE SORT OF WORK WITHIN THE CONFINES OF WHAT WE CAN COLLECT. AND, YOU KNOW, WE DO. WE SEND OUT LETTERS, WE MAKE CALLS, WE REACH OUT. SO WE HAVE A WHOLE TEAM THAT THAT WORKS ON THAT. I DON'T HAVE ANY INFORMATION IN FRONT OF ME. AND I CAN SEE IF WE CAN GET THAT FOR YOU, BUT I DON'T HAVE IT IN FRONT OF ME IN TERMS OF HOW THAT COMPARES TO OTHER CITIES. THANK YOU. I HAVE JUST A COUPLE QUESTIONS. WHAT DETERMINES THE FEE STRUCTURE FOR LICENSE FEES AND FEES FOR USAGE? ARE WE ARE WE LOOKING AT WHAT IT COSTS THE CITY OF LOUISVILLE TO PUT THOSE THOSE PROGRAMS IN PLACE THAT THE LICENSE FEE IS FOR? OR DO WE SEE FEES AS AN INCOME GENERATOR? I MEAN, MOST OF THAT INFORMATION COMES TO US FROM THE AGENCY THAT IS ADMINISTERING THOSE FEES, AND THE AGENCIES ARE SAYING THIS IS WHAT IT COSTS US, AND THIS IS WHAT WE NEED TO GENERATE THE WHAT THE FEE SHOULD, SHOULD COVER. AND A LOT OF THEM ARE SET BY THERE MAY BE SOME ORDINANCE OR SOMETHING ALONG THOSE LINES THAT SORT OF SETS THAT RATE OR CAPS THAT RATE AS WELL. SO AND IT VARIES. OKAY. SO BUT TO YOUR KNOWLEDGE HAS NOT BEEN A CONVERSATION TO USE THESE FEES AS AN INCOME GENERATOR. I KNOW THAT HAS BEEN A CONVERSATION WITH PAST ADMINISTRATIONS. I JUST WANTED TO BE SURE WE KIND OF HAVE A SENSE OF WHERE THE CURRENT ADMINISTRATION IS NOW. I THINK THE CURRENT ADMINISTRATION HAS ENCOURAGED DEPARTMENTS TO TAKE A LOOK AT THEIR FEE 
          [00:30:01]
SCHEDULE TO SEE IF IT COVERS THE COST, BUT NOT AS INCOME GENERATORS. I DON'T KNOW IF IT WOULD. I DON'T KNOW IF YOU COULD EVER CHARGE FEES ENOUGH TO COMPLETELY COVER THE COST. IT WOULD JUST DEPEND ON ON WHAT ACTIVITY YOU'RE TALKING ABOUT. BUT DEPARTMENT DIRECTORS CERTAINLY HAVE BEEN ENCOURAGED TO TAKE A LOOK AT THEIR FEE STRUCTURES TO SEE IF THERE IS ROOM TO AT LEAST INCREASE THOSE FEES, WHERE APPLICABLE. AND YOU KNOW WHERE IT MIGHT IT MIGHT BE APPROPRIATE. SO IT'S NOT A PASSIVE WE'RE JUST GOING TO LEAVE THE FEES ALONE. WE'RE LOOKING AT EVERY PRECISE ENTITY THAT MAY BE OUT THERE. BUT THERE'S A DIFFERENCE IN WHAT WE'RE TALKING ABOUT HERE. RIGHT. AND THERE'S A DIFFERENT PHILOSOPHY. WE HAVE HAD ADMINISTRATIONS IN THE PAST WHO WHO SUGGESTED OR PROPOSED THAT WE GO IN AND LOOK AT THE FEES FOR EVERYTHING WE DO LICENSE FEES, FEES FOR SERVICE, ALL OF IT, AND COMPARE WHAT WE CHARGE IN FEES TO WHAT OTHER CITIES OUR SIZE ARE CHARGING, AND THE RAISE THE FEES TO WHATEVER WE CAN POSSIBLY GET AS A WAY OF GENERATING REVENUE. THERE'S BEEN PUSHBACK AGAINST THAT TO SUGGEST THAT THE FEES SHOULD COVER THE COST OF THE SERVICE THAT THE FEE IS PROVIDING. SO IF YOU'RE IF YOU'RE GETTING A LICENSE FEE BECAUSE YOU ADD AN ADDITION TO A HOUSE, THEN WHATEVER IT COSTS US TO HAVE AN INSPECTOR GO OUT AND MAKE SURE THAT IT'S ALL DONE PROPERLY. ALL THE PAPERWORK WE HAVE TO DO, IT'S APPROPRIATE THAT THE PERSON GETTING THAT LICENSE FEE WOULD PAY THAT EXPENSE. THE QUESTION WAS, ARE WE GOING TO TRY TO USE THAT TO GENERATE REVENUE? IN THE PAST WE HAVE NOT. I'M JUST CURIOUS IF THERE'S A SHIFT HERE. I DON'T KNOW THAT. I WOULD SAY THERE IS A AN ORGANIZED EFFORT BEING LED BY OMB. I MEAN, WE ARE WORKING WITH EACH DEPARTMENT TO I TO REVIEW THE REVENUES, REVIEW THEIR EXPENDITURES, AND SEE WHERE WE CAN PAY FOR ACTIVITIES AS MUCH AS WE CAN OUT OF THE REVENUE THAT THEY GENERATE. OKAY. GOOD. THANK YOU. AND THEN THE SECOND QUESTION, A BIT MORE SPECIFIC TO THE SET OF CIRCUMSTANCES WE'VE BEEN DEALING WITH OVER THE LAST NUMBER OF YEARS, THERE'S BEEN A LOT OF MONEY THAT CAME INTO OUR BUDGET THROUGH THE FED. AND, YOU KNOW, WE'VE MADE ADJUSTMENTS ACCORDINGLY AS WE'RE LOOKING AT IT, FY 27 AND FUTURE YEARS, ONCE THOSE EXTRAORDINARY FUNDING SOURCES GO AWAY, WHICH MOST ASSUREDLY AND I'M ONLY TALKING ABOUT THE ONES THAT WE'RE GOING TO GO AWAY BECAUSE OF, YOU KNOW WHAT? WHAT WAS ADDED I HAVEN'T EVEN STARTED TO THINK ABOUT YET WHAT THE CURRENT ADMINISTRATION'S DECISIONS, HOW THAT MAY IMPACT US. SO THAT'S ANOTHER QUESTION. BUT JUST THE BIG NUMBERS THAT WE HAD HAD IN THE PAST, WHEN WE LOOK AT FUTURE GROWTH AND WHAT WE'RE LOOKING AT, DO WE HOW DO WE SEE THAT BALANCING OUT? ARE WE? WELL, I THINK IF YOU WANT TO USE ARP AS AN EXAMPLE, YOU KNOW, THAT'S ONE SOURCE OF FUNDING THAT WE KNOW IS GOING TO COME TO AN END. I THINK THAT'S THE BIGGEST ONE, RIGHT? YES, MA'AM. YOU KNOW, A LOT OF THE ARP DOLLARS WAS USED TOWARDS ONE TIME PROJECTS THERE. THERE WAS AN AMOUNT THAT WAS PUT TOWARDS, YOU KNOW, OPERATIONAL PROGRAMS. AND WE STILL HAVE A YEAR, YOU KNOW, AT THAT FOR THOSE TYPE THINGS. AS THOSE PROGRAMS START TO WIND DOWN, THERE IS, YOU KNOW, TECHNICALLY THAT FUNDING ENDS. SO IF THOSE ARE PROGRAMS THAT IS DETERMINED, NEED TO CONTINUE, THERE HAS TO BE SOME DISCUSSION ABOUT HOW YOU'RE GOING TO PAY FOR THEM. BUT BY AND LARGE, THE ARP DOLLARS, YOU KNOW, THEY WERE PUT TOWARDS ONE TIME USES, WHICH I THINK WAS VERY SMART TO UTILIZE THE MONEY IN THAT WAY. BUT THERE ARE, YOU KNOW, THERE ARE SOME PROGRAMMATIC ACTIVITIES THAT WILL HAVE TO TAKE A LOOK AT AND DETERMINE IF, IF THEY'RE MOVING FORWARD, HOW WE PAY FOR THAT. OKAY. GREAT. THANK YOU. ANYONE ELSE? SEEING NO ONE ELSE IN THE QUEUE, WE'LL MOVE ON TO THE NEXT SECTION. COUNCILMAN PARKER. 
          STILL ON REVENUE? WHAT WAS ABOUT FUNDS? UNSPENT FUNDS. WE'RE COMING UP ON BONDS. WE'RE COMING UP ON THAT IF WE CAN. OKAY, WELL, I CAN WAIT, THEN. GREAT. THANKS. OKAY, SO MOVING ON WITH EXPENDITURES. THIS IS THIS SLIDE JUST BREAKS DOWN OUR EXPENDITURES BY CATEGORY AS A PERCENTAGE OF TOTAL FUNDS. SO YOU'LL SEE THAT PUBLIC SAFETY, WHICH INCLUDES DEPARTMENTS SUCH AS LMPD, FIRE EMS AND METRO SAFE AND CORRECTIONS, ACCOUNTS FOR ALMOST HALF OF THE GENERAL FUND AT ABOUT 48%, FOLLOWED BY CENTRAL SERVICES, COMMUNITY BUILDING AND THEN PUBLIC SERVICES. THIS SLIDE PROVIDES AN OVERVIEW OF METRO PERSONNEL FOR THE LAST NINE YEARS. A SHARP DECLINE IS NOTICEABLE IN YEARS 20 THROUGH 22, WHICH SEEMS TO HAVE AT LEA SOME RELATIOHIP TO COVID 1 DING THIS TIME, THERE WERE ALSO INCREASED RETIREMENTS AND CHANGES IN THE JOB MARKET THAT MADE IT MORE FFICT FORETROO ATTRA AND RETAI ELOYE. PERSONNEL AND SH POSE GWTED  202 NCEHEHIS ISUSTNOTHER OK ATUR FILLED POSITION 
          [00:35:08]
COUNT, SO IT SHOWS SIGNIFICANT IMPROVEMENT IN FILLED POSITIONS OVER THE LAST THREE YEARS. FROM THESE ARE ALL AS OF APRIL 1ST. SO YOU'RE LOOKING AT FROM APRIL 1ST, 2023, YOU KNOW, 5500 TO 50, ALMOST 5757 52. IT'S ALSO IMPORTANT TO NOTE THAT THIS PERSONNEL COUNT IS ALL FUNDS. 
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
          QUESTIONS? COUNCILMAN PARKER OR DO YOU WANT TO. OH, I'M SORRY, OKAY, OKAY. COUNCILMAN WINKLER. 
          COUNCILMAN WINKLER, YOU HAVE FOR. ALL RIGHT. TWO QUESTIONS ON THE EXPENSE SIDE. ONE RELATES TO OUR INSURANCE POOL. SO, YOU KNOW, I KNOW OUR GENERAL INSURANCE IS THROUGH, AND I'LL SCREW UP THE ACRONYM, BUT I THINK IT'S LEGIT, RIGHT? LIKE IT AND LIKE IT OR LEGIT AND LEGIT. 
          THANK YOU. BUT I NOTICED WE HAVE AN EXPENSE LINE FOR $5 MILLION FOR AUTO LIABILITY INSURANCE. DO WE DOES IT ONLY COVER SORT OF GENERAL? CAN YOU JUST SPEAK TO HOW AUTO LIABILITY THE 5 MILLION FOR AUTO LIABILITY RELATES TO OUR SELF-INSURANCE POOL. SO WE ARE THE RISK FUND IS ASSOCIATED WITH LEGIT AND LEGIT. SO THEY ARE INSURANCE POOL. BUT WE ALSO ARE SELF-FUNDED THROUGH THE RISK FUND FOR AUTOMOBILE I THAT IS SO LEGIT STANDS FOR LOUISVILLE AREA GOVERNMENTAL INSURANCE TRUST. AND IT'S GENERAL LIABILITY BASICALLY IS WHAT THE TWO TRUSTS. THERE'S PROPERTY AND GENERAL LIABILITY. AND SO I CAN GET THAT BREAKDOWN FOR YOU. BUT I BELIEVE VEHICLES IS A DIFFERENT IT'S FUNDED THROUGH THE RISK FUND. AND THAT'S WHY WE HAVE AN APPROPRIATION GOING THERE. AND IT'S JUST FOR MY OWN CLARIFICATION IS THAT LIABILITY INSURANCE WE PURCHASED THROUGH A PRIVATE MARKET, OR WE PUT $5 MILLION ASIDE INTO THE RISK FUND THAT WE AND WE'RE SELF-INSURING WITH THAT 5 MILLION. WE ARE SELF-INSURING, ALTHOUGH WE DO HAVE SOME POLICIES THAT WE PURCHASE THROUGH THE MARKET JUST AS SUPPLEMENTAL. OKAY. COVERAGE. 
          PERFECT. THANK YOU. THE OTHER QUESTION I HAD RELATES TO THE OVERTIME LINE EXPENSE. AND IF YOU WANT TO TELL ME TO PUNT THIS QUESTION TO HR AND A COUPLE HEARINGS, I'M HAPPY TO IF IT'S BETTER DIRECTED AT THEM. BUT I BELIEVE OUR OVERTIME EXPENSE THIS YEAR ARE. SCHEDULED OVERTIME BUDGETED TO GO UP $5 MILLION. YOU KNOW, THERE'S BEEN A STRATEGY BY THE ADMINISTRATION, AND I THINK RIGHTFULLY SO OVER THE LAST COUPLE OF YEARS TO SIGNIFICANTLY INCREASE BOTH UNION AND NONUNION FUNDING, HOWEVER, OR PAY IN THE HOPES OF FILLING OPEN POSITIONS. 
          [00:40:08]
HOWEVER, OUR SCHEDULED OVERTIME CONTINUES TO GO UP. I KNOW THERE IS A LEVEL OF OVERTIME THAT IS APPROPRIATE RIGHT WHERE YOU HAVE THE RIGHT BALANCE BETWEEN STAFFING AND OVERTIME. BUT CAN YOU SPEAK AT ALL? OR AGAIN, IF YOU WANT TO PUNT THIS TO HR IS FINE TOO. WHY DO WE CONTINUE TO SEE THE SCHEDULED OVERTIME NUMBER, KEEP UP AND AT WHAT SALARY LEVEL SHOULD WE EXPECT THAT THAT TO BE IN BALANCE? WELL, I DO THINK OVERTIME, YOU KNOW, IS OBVIOUSLY A CHALLENGE FOR OUR PUBLIC SAFETY DEPARTMENTS WHO ARE STILL WORKING THROUGH CHALLENGES OF FILLING ALL OF THEIR OPEN POSITIONS. AND SO, YOU KNOW, WE DO SEE THIS SORT OF YOU WOULD HOPE TO SEE A CORRELATION. THAT IS POSITIONS ARE FILLED, OVERTIME GOES DOWN. BUT I THINK THERE ARE VARIOUS OPERATIONAL. CHALLENGES THAT PLAY INTO THAT. SO IT'S NOT JUST A ONE FOR ONE RELATION, ALTHOUGH IT SEEMS LIKE IT WOULD BE. HR MIGHT BE ABLE TO ANSWER SOME OF THOSE QUESTIONS, BUT I REALLY THINK MAYBE SOME OF THE DEPARTMENTS THAT ARE EXPERIENCING THOSE OVERTIME CHALLENGES COULD PROBABLY SPEAK BETTER TO SOME OF THE OPERATIONAL ISSUES THAT THEY ENCOUNTER. AND WHY THAT PLAYS INTO THE OVERTIME WE DO IT. YOU KNOW, IT IS SOMETHING WE TALK WITH THEM ABOUT EVERY YEAR WHEN WE'RE BUILDING THE BUDGET. IT IS SOMETHING WE'RE VERY AWARE OF. 
          YOU KNOW, WE DO INCREASE THE BUDGET BECAUSE OFTENTIMES, YOU KNOW, WE BLOW PAST IT. AND SO WE ARE TRYING TO ALIGN THE BUDGET WITH WHAT'S ACTUALLY BEEN SPENT, YOU KNOW, IN THE YEAR BEFORE WHEN WE'RE DOING OUR FORECAST I DON'T DOES THAT. I HOPE THAT ANSWERS YOUR QUESTION SOMEWHAT. 
          I MEAN, AGAIN, LIKE I SAID, IT MAY NOT BE A FAIR QUESTION FOR YOU. ALL RIGHT. IT'S PROBABLY A BETTER QUESTION FOR YOU. I MEAN, I WOULD LIKE TO SORT OF DETERMINE, AGAIN, YOU KNOW, FEELS LIKE WE'RE STILL A LITTLE BIT OUT OF BALANCE, RECOGNIZE SOME LEVEL OF OVERTIME IS NECESSARY AND IS ACTUALLY DESIRABLE. RIGHT. BECAUSE THERE'S A FULLY BURDENED COST OF THE EMPLOYEE. WE'RE OVERTIME IS MORE ECONOMICAL. IT FEELS LIKE WE'RE STILL QUITE A BIT OUT OF BALANCE. AND MY QUESTION ULTIMATELY IS AT WHAT SALARY LEVEL. AND I UNDERSTAND IT'S ALSO MORE THAN SALARY. RIGHT? THERE'S A MACROECONOMIC LABOR MARKET FACTOR TO PLAY WITH. BUT WHEN DO WE EXPECT THOSE TO EVEN OUT. AND I CAN PUNT THAT QUESTION TO HR. SURE. THANK YOU. 
          COUNCILMAN PIACENTINI. THANK YOU, MR. CHAIR. CAN WE BACK UP TO THIS SLIDE ON FULL TIME PERSONNEL? THE BAR CHART GOING LEFT TO RIGHT. THIS ONE OR THIS ONE OR THAT ONE. THANK YOU VERY MUCH. SO I CAN TELL YOU BEYOND A SHADOW OF A DOUBT, THE 2018 2019 DROP HAD NOTHING TO DO WITH COVID 19. IT HAD EVERYTHING TO DO WITH MAYOR FISCHER'S DESIRE TO INCREASE TAXES. WE VOTED AGAINST THE TAXES AS A COUNCIL, AND AS A RESULT THERE WAS A, QUOTE, $25 MILLION BUDGET DEFICIT. AND I THINK IT ENDED UP COMING IN AT 15 MILLION. AND THE ONLY WAY I'M COMING TO WHY THIS IS INCREDIBLY RELEVANT TODAY, THE ONLY WAY TO CONTROL SPENDING FOR THE CITY. AND JUST SO EVERYBODY'S AWARE, IF YOU TAKE THAT YEAR, 2019 AND BACK UP, YOU CAN GO BACK A DECADE. AND WE WERE RUNNING A FISCAL, A STRUCTURAL DEFICIT ALMOST EVERY YEAR. IT WAS MUCH SMALLER THAN 25 MILLION. BUT EVERY YEAR WE HAD EXPENSES OUTPACING REVENUES BY A COUPLE MILLION A YEAR. SO WE WERE ALWAYS EVERY YEAR TRYING TO TRIM THIS, TRIM THAT, FIGURE OUT HOW TO MAKE THINGS WORK. WE CUT THAT MANY POSITIONS, A LOT OF IT THROUGH ATTRITION. A LOT OF IT WASN'T LIKE WE JUST LAID OFF HUNDREDS OF PEOPLE, BUT WE JUST SAID, WE'RE NOT GOING TO REFILL POSITIONS AND WE'RE GOING TO REDUCE HEADCOUNT. AND SINCE THEN, EVERY SINGLE YEAR WE HAVE RUN SURPLUSES IN THIS CITY. 
          RIGHT. AND I WILL TELL YOU THAT FISCAL DISCIPLINE, IT WAS THAT WAS A VERY TOUGH BUDGET YEAR. 
          EVERYBODY THAT WAS HERE I DON'T THINK WANTS TO NECESSARILY RELIVE IT, BUT IT WAS THE GREATEST THING. AND I WILL GO DOWN. I DON'T CARE HOW LONG I'M ON THIS COUNCIL. IT MAY BE THE GREATEST MOVE, THE GREATEST YEAR, THE GREATEST VOTES THAT I'D EVER TAKEN BECAUSE IT PUT US ON THE TRACK WE'RE ON. REASON I'M BRINGING THIS UP IS I AM GETTING A LITTLE NERVOUS ABOUT BOTH THE NUMBERS THAT I'M LOOKING AT THIS CHART, AND EVEN SOME OF THE LANGUAGE THAT WE'RE USING ABOUT THESE POSITIONS, BECAUSE LABOR IS HANDS DOWN, BY FAR, NOTHING COMES CLOSE. THE BIGGEST EXPENDITURE IN THE CITY, RIGHT? SO EVERY SINGLE ONE OF THOSE AND WE'VE ALSO IT'S COMPOUNDING BECAUSE IT'S BOTH AN INCREASE IN PERSONNEL. AND WE'RE PROPOSING A 5% INCREASE IN AT LEAST NON-LABOR RAISES, WHICH AGAIN I WANT COMPETITIVE RATES FOR EVERYBODY TO GET PAID AS MUCH AS THEY'RE THEY SHOULD GET PAID AS A COMPETITIVE RATE TO GET GREAT PEOPLE TO WORK HERE. 
          AND SO THAT THEY THEY CAN BE SUCCESSFUL AND LIVE OFF OF THAT WAGE. AND WE HAD TO MAKE BIG MOVES IN OUR UNION CONTRACTS, WHICH AGAIN, HAD TO HAPPEN. I VOTED FOR EVERY SINGLE ONE. WE HAD TO PAY OUR POLICE, MORE EMS, EVERY LIBRARIANS, EVERYBODY NEEDED TO GET PAY INCREASES. SO I'M BRINGING THIS UP TO ASK, AND I'VE ASKED THIS IN PRIOR YEARS NOW, I THINK, AND YOU COULD 
          [00:45:05]
CORRECT ME IF IT WAS LAST YEAR OR THE YEAR BEFORE, BUT I ASKED FOR SORT OF A FISCAL ESTIMATE ON PROJECTING OUT 1 OR 2 YEARS ON WHAT IT WOULD LOOK LIKE, THE PROJECTION. AND I CAME UP WITH THIS LAST YEAR OR THE YEAR BEFORE, WAS THAT WE WOULD BE AT A 50 TO $80 MILLION DEFICIT MOVING FORWARD, BUT NOW WE'RE RUNNING SURPLUSES. I'M BRINGING THIS ALL BACK TO SAY, WHERE IS THE MAYOR'S NUMBER ONE? AND I ASKED THIS QUESTION LAST YEAR. IS THERE ANYTHING IN THIS? WE'VE TALKED ABOUT REVENUE NOW. WE'VE TALKED ABOUT EXPENSE NOW, IS THERE ANYTHING IN ANY PROJECTION THAT YOU CAN SEE AND I'LL CALL IT THE NEAR FUTURE, TWO YEARS, THREE YEARS OUT. I WOULDN'T ASK FOR ANYTHING FURTHER THAT BARRING UNFORESEEN CIRCUMSTANCES, THE MAYOR OR OMB AND YOURSELF ARE ARE THINKING ABOUT INCREASING TAXES. NOT THAT I'M AWARE OF. OKAY. IS THIS AGAIN, I PROBABLY ASK FOR IT AGAIN, FRANKLY. WOULD YOU GUYS BE OKAY? I KNOW I ASKED EARLIER ABOUT SORT OF REVENUE PROJECTIONS, DOING SOMETHING SIMILAR WITH EXPENSES AND GIVING US A BEST CASE, WORST CASE, MIDDLE CASE SCENARIO ON EXPENSE INCREASES. RIGHT. CONSIDERING SOME OF THESE NEW LABOR COSTS VERSUS REVENUE INCREASES AND THEN GIVING US A PROJECTION ON, AGAIN, ALL THINGS BEING EQUAL, WHAT THAT WOULD LOOK LIKE IN THE NEXT TWO YEARS, CAN WE CAN WE DO THAT AGAIN? SURE WE CAN. WE CAN WORK ON THAT. YEAH. BECAUSE AGAIN, I THINK THAT'S HELPFUL. 
          RELATED TO MULTIYEAR FISCAL SUSTAINABILITY. I MEAN, IN YOUR ESTIMATION GIVEN I MEAN, AGAIN, WE'RE TALKING ABOUT ANOTHER, I DON'T KNOW, 60 OR 80 PERSONNEL ADDED IN THIS BUDGET. WE'RE SEEING THE INCREASES NOW SORT OF YEAR OVER YEAR. ARE YOU CONVINCED THAT THIS BUDGET, AGAIN, WITHOUT WEIRD CIRCUMSTANCES THAT WE CAN'T PREDICT. BUT IF THIS WAS A CONTINUATION BUDGET NEXT YEAR THAT WE WOULD BE IN A FISCALLY SUSTAINABLE POSITION, WOULD WE HAVE REVENUES OUTPACING EXPENSES? AM I CONVINCED? YES, I WOULD SAY THAT I FEEL COMFORTABLE THAT WE ARE IN A THAT WE ARE IN A, A STRONG POSITION. OBVIOUSLY, WE HAVE TO TAKE INTO ACCOUNT THE THINGS THAT WE DON'T KNOW. AND WE TALKED A LITTLE BIT. WE DIDN'T SPEND A LOT OF TIME ON THE SLIDE, BUT THE TAX IS SOMEWHAT VOLATILE. IT'S TIED TO THE ECONOMY. AND SO WE'RE VERY MUCH HAVE TO BE AWARE OF THAT. I'M COMFORTABLE THAT WE ARE IN A STRONG POSITION TO CONTINUE THE MOMENTUM THAT WE HAVE. I THINK WE'RE GOING TO HAVE TO CONTINUE TO WATCH EXPENDITURES. I THINK WE'RE GOING TO HAVE TO CONTINUE TO LOOK FOR OPPORTUNITIES TO CAPITALIZE ON OUR REVENUE AS MUCH AS WE CAN. SO CONTINUING A STRONG INVESTMENT POLICY, NOT RAISING TAXES, BUT CONTINUING OUR EFFORT TO COLLECT THE TAXES AS THEY STAND, THE REVENUE COMMISSION DOES A FANTASTIC JOB OF COLLECTING THAT OCCUPATIONAL LICENSE TAX FOR US. I THINK THEY'RE THEY'RE ON TRACK TO BRING IN CLOSE TO $13 MILLION IN DELINQUENT TAXES ALONE. AND SO THAT SYSTEM THAT WE INVESTED IN A FEW YEARS AGO HAS BEEN A GAME CHANGER IN TERMS OF WHAT WE CAN COLLECT FROM THAT PERSPECTIVE. SO I THINK IT'S CONTINUING TO LOOK AT OUR OPERATIONAL EFFICIENCIES, WHETHER ON THE EXPENDITURE SIDE OR THE REVENUE SIDE, TO SORT OF CONTINUE TO NARROW THAT GAP ON THE STRUCTURAL IMBALANCE AND MOVE US IN THE IN THAT DIRECTION. 
          BECAUSE, LOOK, I'VE BEEN THIS IS THE MAYOR'S THIRD, THIS MAYOR'S THIRD BUDGET. I'VE BEEN VERY GENERALLY MACRO LEVEL HAPPY WITH THE REVENUE TO EXPENSE RATIO. I MEAN, THIS IS GOOD, RIGHT? I JUST WANT TO MAKE SURE EVEN THOUGH WE BUDGET ONE, YOU KNOW, FOR 12 MONTH PERIODS, EVERY COUNCIL SHOULD BE COGNIZANT OF MULTI-YEAR PERIODS OF TIME BECAUSE THE DECISIONS WE'RE MAKING TODAY WON'T JUST AFFECT US FOR THESE 12 MONTHS. THEY WILL AFFECT US FOR MANY, MANY YEARS TO COME. SO I WOULD LIKE TO REDO THAT PROJECTION AGAIN. AND I KNOW YOU PUT ASSUMPTIONS IN THERE. FEEL FREE TO ASSUME, RIGHT. JUST DICTATE OR JUST SPELL OUT WHAT THOSE ASSUMPTIONS ARE. IF YOU DON'T MIND, I'D LIKE TO TAKE A LOOK AT THAT. AND JUST TO MAKE SURE WE'RE THINKING IN THAT WAY EVERY BUDGET YEAR. SO I APPRECIATE YOUR COMMENTARY THOUGH. THANK YOU. SURE. COUNCIL MANAGER. YEAH, SORT OF. PIGGYBACKING ON COUNCILMAN PIAGENTINI QUESTION, IN TERMS OF THE GROWTH IN POSITIONS FILLED, DO ANY DEPARTMENTS OUTSTRIP OTHERS OR DO WE HAVE A DEPARTMENT OR ANY THAT STICK OUT IN TERMS OF WE'RE FILLING MORE POSITIONS SINCE THE DIP? I DON'T HAVE ANY REAL INSIGHT INTO THAT. I THINK HR CAN PROBABLY ANSWER THAT QUESTION A LITTLE BIT BETTER IN TERMS OF, YOU KNOW, THEY HAVE A LITTLE MORE INSIGHT INTO THE SPEED AT WHICH POSITIONS ARE BEING FILLED. THERE WAS A TURNOVER REPORT WHICH DOESN'T NECESSARILY RELATE TO HOW FAST WE'RE FILLING POSITIONS, BUT THERE WAS A TURNOVER REPORT THAT THAT INDICATES OUR TURNOVER IS SLOWING OVERALL. SO I THINK THAT THAT'S A GOOD INDICATION THAT WE ARE FILLING POSITIONS AND MAINTAINING POSITIONS. BUT I DON'T HAVE NECESSARILY A FEEL ON WHAT DEPARTMENT IS HIRING FASTER THAN ANOTHER. AND OPERATIONALLY, AGAIN, IS THERE ANY DEPARTMENT 
          [00:50:04]
THAT WE HAVE MORE EMPLOYEES THAN WE HAVE A GREATER OPERATIONAL EXPENSE IN TERMS OF PAYROLL? WELL, YOU KNOW, LMPD, OBVIOUSLY PUBLIC SAFETY. YEAH. COUNCILMAN, ANY DIRECT RESPONSE OR DIRECT RESPONSE? YEAH. IF YOU DON'T MIND, COUNCILMAN LINENGER IN IN THE DOCUMENTS SENT BY LATONYA AND BETH, ONE OF THEM UNDER EXPENDITURES PAGE FIVE, THERE IS A BREAKDOWN OF NEW POSITIONS. 
          THERE'S A CHART THAT BREAKS BY DEPARTMENT. SO THE BIGGEST ONE IS EMERGENCY SERVICES. THAT'S MOSTLY RELATED TO 911 CALL CENTER. NO SORRY. THE BIGGEST ONE IS PUBLIC WORKS RELATED TO CLEANLINESS 32 NEW POSITIONS, 13 EMERGENCY SERVICES, MOSTLY AROUND CALL CENTER. THE NEW DRONE PROGRAM, PARAMEDICS RIGHT AROUND THAT PROGRAM. LIBRARY TW. ZOO ONE. PARKS 15. TECH FOR FACILITY FLEET ONE JCO ONE. SO YEAH IT'S A THE NEW POSITIONS ARE BROKEN DOWN IN THE CHART. 
          YEAH. YES. YEAH I UNDERSTOOD FOR THE THESE ARE QUESTIONS FOR OMB. WE'RE JUST CLARIFYING. YES. 
          CORRECT. BUT I'M JUST SAYING I UNDERSTOOD THAT ABOUT THE UPCOMING FISCAL YEAR. I MEANT ON THE TRENDS PIGGYBACKING AGAIN ON YOUR QUESTION. GREAT. SORRY. THANK YOU. SORRY FOR THE COUNCILMAN WINKLER. THANK YOU. AND I JUST WANT TO MAKE TWO COMMENTS ABOUT, YOU KNOW, ONE, WE TALK ABOUT SORT OF THE HISTORY GOING BACK HERE TO 2020. I THINK IT'S WORTH NOTING THAT A LARGE PART OF THE REASON WHY WE ARE IN A MUCH BETTER FISCAL POSITION TODAY THAN WE WERE FOUR YEARS AGO ARE SIGNIFICANT CHANGES TO OUR SERVICE CONTRIBUTION, RIGHT? I MEAN, FOUR YEARS AGO, WE WERE PROJECTING THAT WITHIN FOUR YEARS WE'D HAVE AN INCREMENTAL $65 MILLION IN RETIREMENT EXPENSE. AND DURING THE BESHEAR ADMINISTRATION, INSTEAD OF SEEING 15% ANNUAL INCREASES, WE'RE SEEING 11.9, 11.6 AND 7.5% REDUCTIONS IN OUR SERVICE CONTRIBUTION. AND SO THAT HAS RESULTED IN TENS OF MILLIONS OF DOLLARS OF SAVINGS THAT I THINK IS CRITICALLY IMPORTANT. SO I JUST WANTED TO MAKE THAT POINT. AND THEN SECONDARILY, YOU KNOW, WHILE I AGREE WITH MY COLLEAGUE THAT, YOU KNOW, WE WANT TO MAKE SURE THAT WE HAVE A FORWARD LOOKING VIEW, THAT WE'RE CAREFUL. I ALSO WANT TO MAKE SURE THAT WE UNDERSTAND, YOU KNOW, WHEN WE LOOK AT THOSE VIEWS, OUR COSTS ARE VERY EASY TO PROJECT. OUR REVENUES ARE NOT THAT EASY TO PROJECT. AND, YOU KNOW, AS COUNCILMAN PACINI POINTED OUT LAST YEAR OR A YEAR OR TWO YEARS AGO, WE SAT HERE AND PROJECTED A 60 TO $80 MILLION SHORTFALL, AND INSTEAD WE HAVE A $50 MILLION SURPLUS. I MEAN, THAT'S 110 TO $130 MILLION SWING. SO WE ALSO NEED TO BE CAREFUL ABOUT MAKING TWO CONSERVATIVE DECISIONS, BECAUSE WHILE IT'S GREAT COMING IN THIS YEAR WITH A $50 MILLION SURPLUS, IT'S ALSO WORTH NOTING THAT THERE'S AN OPPORTUNITY COST THAT THAT MONEY WAS NOT DEPLOYED IN THE CITY LAST YEAR, WHERE IT COULD HAVE BEEN WORKED TO BUILD HOUSING TO HOUSE HOMELESS PEOPLE, TO DO ECONOMIC DEVELOPMENT, TO GET MORE POLICE OFFICERS ON THE STREET, WHATEVER IT IS. SO WHILE I'M GLAD WE'RE RUNNING A SURPLUS, WE SHOULD ALSO RECOGNIZE THAT THERE'S AN OPPORTUNITY COST BECAUSE THAT MONEY WAS NOT DEPLOYED BECAUSE IT WASN'T ALLOCATED. SURE, THERE'S A QUESTION IN THERE. OKAY, COUNCILMAN, A QUESTION IN THERE. YEAH. CLARIFICATION WITH ALL OF MY COLLEAGUES. TOTALLY AGREE. THERE'S AN OPPORTUNITY COST BUT JUST TO BUT AND I JUST WANT TO COMPLIMENT AND I TRY TO CALL BALLS AND STRIKES THE SIRS AND PENSION PROGRAM. ABSOLUTELY. GOVERNOR BESHEAR WAS THE GOVERNOR. AND BOTH THOSE BUDGETS WERE COMPLETELY WRITTEN AND PASSED BY THE REPUBLICAN SENATE AND THE REPUBLICAN HOUSE AND THE GENERAL ASSEMBLY. SO IF WE'RE CALLING BALLS AND STRIKES, YOU KNOW, SURE, GOVERNOR BESHEAR WAS THERE, BUT THOSE BUDGETS ARE WRITTEN AND ULTIMATELY PASSED BY THE GENERAL ASSEMBLY, AS THEY HAVE THE POWER OF THE PURSE VIA THE STATE CONSTITUTION. SO THANKS VERY MUCH TO THE REPUBLICAN GENERAL ASSEMBLY FOR CORRECTING THE PENSION PROBLEM AS WELL. THANK YOU. THANK YOU. 
          AND MOVING ON THAT, I WANTED TO FOLLOW UP ON SOME SOME QUESTIONS SPECIFICALLY ABOUT POSITIONS. 
          AND AS COUNCILMAN PIAGENTINI POINTED OUT, PAGE FIVE DOES LIST THE NEW POSITIONS, AND THERE ARE 69 NEW POSITIONS ON THERE. I WAS WONDERING WHAT THE TOTAL COST IN THIS YEAR'S BUDGET IS GOING TO BE FOR THOSE 69 POSITIONS. AND THE REASON FOR THAT IS I DON'T BELIEVE WE'RE FUNDING ALL 69 OF THEM, EFFECTIVE JUNE 1ST OR JUNE 30TH. RIGHT. SO OCTOBER 1ST, OCTOBER 1ST. OKAY. SO WHAT'S THE CALCULATED COST IN THIS YEAR'S BUDGET? AND THEN RECOGNIZING, OF COURSE, THAT WE'LL TAKE THE FULL EXPENSE IN THE FOLLOWING YEAR. SO. OCTOBER 1ST IS CALCULATION FOR YOU OKAY. GOOD. SO BUT OCTOBER 1ST IS THE DATE YOU'RE PROJECTING CORRECT. YES. OKAY. GOOD. THANK YOU. AND THEN JUST A FOLLOW UP TO THAT, WE'RE LOOKING AT NEW POSITIONS ON PAGE FIVE. WE CREATED SEVERAL NEW POSITIONS IN LAST YEAR'S BUDGET BASED ON WHAT WE PROJECTED WAS GOING TO BE HAPPENING. WE KNOW THAT SOME 
          [00:55:06]
OF THE THINGS THAT WE PROJECTED IN LAST YEAR'S BUDGET DID NOT COME TO FRUITION. AND SO I'VE BEEN LOOKING THROUGH I DON'T SEE WHERE THERE'S A REDUCTION IN. AND AGAIN, I THINK THERE WERE STAFF. I KNOW FOR CERTAIN THERE WERE POSITIONS THAT WE APPROVED THAT WE WOULD THAT WE EXPECTED TO BE HIRED. I KNOW THAT THINGS CHANGED IN THE INTERIM, AND I KNOW THAT SOME OF THOSE POSITIONS WERE NOT FILLED. I'M LOOKING TO SEE WHERE THE THOSE POSITIONS ARE HAVE BEEN REMOVED IN THIS YEAR'S BUDGET AND I CAN'T FIND THEM. SO AGAIN, NOT THESE AREN'T LAYOFFS. THESE ARE, YOU KNOW, POSITIONS WE CREATED, NEVER FILLED THEM AND THEN REALIZED THAT WE DON'T, YOU KNOW, BECAUSE OF CHANGES THEY MAY NOT NEED TO BE FILLED. I CAN'T FIND THEM. AND I'M WONDERING IF THERE IF YOU CAN POINT ME SOMEPLACE. I DON'T THINK WE GO AHEAD HERE. SO WE WOULDN'T NECESSARILY ELIMINATE OR REMOVE OR ELIMINATE THOSE POSITIONS THAT WERE FUNDED, THAT WERE FUNDED AND BUDGETED IN FY 25, BUT MAY NOT HAVE BEEN FILLED. IT COULD HAVE BEEN A VARIETY OF REASONS WHY THEY WERE NOT FILLED, AND MAYBE THE DEPARTMENT INTENDS TO FILL THEM AT SOME POINT, SO THEY'RE STILL A PART OF THEIR POSITION CONTROL REPORT AND BUILT INTO THE BUDGET FOR THE UPCOMING FISCAL YEAR. OKAY. SO WE'LL HAVE TO REVISIT AGAIN SOME OF THE DEPARTMENTS. 
          WE KNOW THAT THE WORK THAT THEY WERE ANTICIPATING IS NOT WORK THEY'RE GOING TO DO. WE KNOW THAT'S TRUE. SO I GUESS WE'LL HAVE TO GO INTO THOSE DEPARTMENTS AND LOOK AND SEE HOW YOU MIGHT HAVE HOW THAT DEPARTMENT MIGHT BE PROPOSING, USING THOSE PERSONNEL DIFFERENTLY THAN WHAT WE HAD ORIGINALLY INTENDED. THAT'S CORRECT. OKAY. GREAT. THANK YOU. 
          ANY OTHER FOLLOW UP QUESTIONS SEEING NONE OKAY. GO AHEAD AND MOVE ON TO THE NEXT SECTION THEN. OKAY. THAT MANAGEMENT. THIS IS METRO'S DEBT SERVICE FOR FY 2627. DURING FY 25, METRO GOVERNMENT ISSUED AN $84.1 MILLION IN BONDS BASED ON THE FY 24 CAPITAL BUDGET. WE WILL ISSUE APPROXIMATELY 96 MILLION FOR THE FY 25 APPROVED PROJECTS LATER THIS FALL. AND THEN OBVIOUSLY, THE THINGS THAT ARE IN FY 26, IF THEY'RE BOND FUNDED, THEY WOULD BE FUNDED THE FOLLOWING YEAR. IN MANAGING DEBT. IT IS METRO GOVERNMENT'S POLICY TO ACHIEVE THE LOWEST COST OF CAPITAL, ENSURE THE HIGHEST CREDIT RATINGS POSSIBLE, CONSISTENT WITH THE CURRENT ECONOMIC AND DEMOGRAPHIC CONDITIONS OF THE COMMUNITY. ASSURE ACCESS TO THE CAPITAL CREDIT MARKETS AT ALL TIMES. PRESERVE FINANCIAL FLEXIBILITY AS IT RELATES TO THE TIMING OF STRUCTURE OF DEBT. 
          MANAGE INTEREST RATE EXPOSURE BONDS HAVE NOT YET BEEN ISSUED FOR FY 25 CAPITAL BUDGET NEEDS, BUT WE ANTICIPATE GOING TO SALE LATER THIS SUMMER. THIS IS OUR OUTSTANDING DEBT LEVEL. THESE TWO CHARTS JUST PLACE OUR DEBT IN A HISTORICAL CONTEXT ACROSS TWO DIFFERENT MEASURES. TOTAL DEBT. TOTAL OUTSTANDING DEBT AS A PERCENTAGE OF OUR GENERAL FUND REVENUE AS OF FY 26, OUR OUTSTANDING DEBT IS APPROXIMATELY 8% OF OUR BUDGETED GENERAL FUND REVENUE. AND THEN THE ANNUAL NET DEBT SERVICE, AS A PERCENTAGE OF OUR GENERAL FUND REVENUE, IS HOVERING AROUND 78 TO 80%. THAT'S IT ON DEBT. MARILYN, I BELIEVE WE'VE MOVED INTO THE SECTION THAT YOU WERE LOOKING FOR. COUNCILMAN PARKER. I'M SORRY. THANK YOU. SO IT APPEARS WE'VE GOT 144.6 MILLION IN UNSPENT BOND MONEY. THAT GOES BACK TO 2009. SO WHERE IS WHERE IS THAT MONEY GOING? AND COULD IT BE USED FOR 2026 PROJECTS SO THAT WE DON'T HAVE TO BORROW MONEY FOR THOSE PROJECTS? ARE YOU LOOKING AT THE CAPITAL REPORT, THE CAPITAL EXPENDITURE REPORT FOR THOSE BALANCES? MAYBE I'M LOOKING AT BEST. SO, YOU KNOW, WHEN IT COMES TO THE VERY OLD PROJECTS, THERE COULD BE VARIOUS REASONS WHY THE PROJECT HASN'T CLOSED OUT. WE DO DO A DUE DILIGENCE, DO A DUE DILIGENCE REVIEW OF THOSE CAPITAL PROJECTS. WE WORK WITH THE AGENCIES TO TRY TO DETERMINE, ARE THESE PROJECTS STILL OPEN? DO YOU STILL NEED THIS FUNDING? CAN THEY BE CLOSED AND WHERE WE CAN WE DO, YOU KNOW, WE CLOSE THOSE OUT AND THEN IF THERE'S ANY FUNDING LEFT ASSOCIATED WITH THAT, IT CAN BE REALLOCATED TO A DIFFERENT PROJECT IN TERMS OF WHERE THAT MONEY GOES. YOU KNOW, ANYTHING THAT WAS BOND FUNDED, WE DRAW THAT MONEY DOWN AND IT EARNS INTEREST. SO AND WE ALSO LEVERAGE, YOU KNOW, WE SORT OF HAVE THIS WHOLE CASH FLOW PROCESS THAT WE FOLLOW WHERE WE'RE WE'RE SORT OF LEVERAGING MONEY. IF WE'VE DRAWN DOWN MONEY ON CERTAIN PROJECTS, YOU KNOW, WE CAN UTILIZE THAT CASH TO CONTINUE ON WITH WITH PROJECTS THAT ARE ONGOING, EVEN IF A PROJECT MAYBE HAS STALLED. AND SO THERE'S A CONTINUAL BALANCING 
          [01:00:03]
OR MANAGING OF OUR CASH THAT INCLUDES BOND FUNDS OR OTHER VARIOUS SOURCES THAT WE HAVE. 
          AND IF IT'S NOT BEING SPENT, IT'S BEING INVESTED. YOU KNOW, ESSENTIALLY WHAT IT BOILS DOWN TO. I DON'T KNOW IF THAT DOES THAT ANSWER YOUR QUESTION. SO IT SO BASICALLY, IF YOU CAN'T REALLOCATE IT, YOU'RE INVESTING IT. IF WE HAVE YEAH, THAT THAT MONEY THAT WE'VE RECEIVED IT THROUGH WHATEVER SOURCE WE'VE RECEIVED IT FROM, IT'S IN OUR BANK AND IT'S BEING INVESTED IN VARIOUS, YOU KNOW, MARKET SECURITIES AND THIS OR THAT FROM TIME TO TIME, LIKE GET A REPORT. 
          BECAUSE IF WE MIGHT HAVE UPCOMING PROJECT THAT COMES BEFORE US THAT A NEEDY PROJECT, WE COULD USE THAT MONEY FOR THAT. AND I'M GLAD THAT YOU'RE INVESTING IT. AND WE'RE COMING UP WITH $50 MILLION EXTRA BECAUSE OF GOOD INVESTMENTS. BUT. SOME OF THOSE DOLLARS ALONG THE WAY MIGHT BE USED FOR DIFFERENT PROJECTS. WELL, I MEAN, I THINK, YOU KNOW, WE COME TO YOU AND WE HAVE ADDITIONAL REVENUES TO BE APPROPRIATED. YOU KNOW, WE COME TO THE TO THE COUNCIL AND WE WILL ASK FOR TYPICALLY, YOU MIGHT SEE THAT IN THE YEAR END ORDINANCE, FOR EXAMPLE, YOU KNOW, WHEN WE CAME BEFORE YOU AND WE SAID, WELL, WE'VE ENDED THE YEAR IN SURPLUS. 
          AND PART OF THAT SURPLUS WAS INTEREST INCOME THAT WE HAD, YOU KNOW, EARNED. AND WE COME TO THIS BODY WITH A RECOMMENDATION OF HOW THAT CAN BE SPENT. SO THAT'S ONE WAY THAT THOSE DOLLARS. BUT MOST OF THE MONEY, YOU KNOW, IT'S ALREADY COMMITTED TO SOME SORT OF ACTIVITY IT'S BUDGETED FOR. IF IT'S NOT BEING WHEN I SAY IF IT'S NOT BEING SPENT, IT'S BEING INVESTED, IT'S NOT BEING USED TODAY, IT'S PROBABLY GOING TO BE USED TOMORROW. AT SOME POINT IN TIME WHEN WHATEVER ACTIVITY IT'S BEEN COMMITTED FOR MOVES ALONG, YOU KNOW, OR INCURS THE NEXT EXPENDITURE. SO, YOU KNOW, CASH AND HOW WE MANAGE CASH, YOU KNOW, IS SORT OF A LITTLE BIT DIFFERENT THAN WHEN YOU LOOK AT A BUDGET AND SEE LINE ITEMS, YOU KNOW, IN CERTAIN ACTIVITIES THAT THE MONEY IS GOING TOWARDS. YOU MAY NOT USE IT RIGHT AWAY, BUT THE MONEY IS IT'S ALL APPROPRIATED THROUGH THE ACTION OF THIS COUNCIL. OKAY. I DON'T KNOW. I GUESS IF THERE'S A CLEAR WAY THAT WE CAN SEE WHERE THE MONEY'S GOING SO THAT WE DON'T THINK THAT THERE'S $144 MILLION JUST OUT THERE IN SPACE SOMEWHERE. WELL, THERE'S AN INVESTMENT COUNCIL. WE HAVE QUARTERLY MEETINGS AND THERE'S REPORTS, SO WE CAN CERTAINLY SHARE INVESTMENT REPORTS. IF REQUESTED. OKAY. I'M SORRY, I DON'T THINK THAT I APOLOGIZE. I DON'T THINK THAT'S WHAT COUNCILMAN PARKER IS ASKING. I THINK WHAT SHE'S ASKING IS YOU'VE BOND. WE'VE GOT TEN YEARS OF PREVIOUS CAPITAL BUDGETS THAT THERE'S $144 MILLION. AND. COUNCILMAN PARKER, STOP ME IF I'M WRONG HERE, RIGHT. THAT WE'VE ALLOCATED PREVIOUSLY, SEVEN YEARS AGO, WE ALLOCATED $5 MILLION FOR THE SIDEWALK PROJECT. RIGHT. THERE'S STILL SOME BALANCE REMAINING. YOU KNOW, $10,000, $100,000. IS THERE MORE WORK TO BE DONE ON THAT SIDEWALK PROJECT, OR CAN THAT BE SWEPT UP SO THAT THIS YEAR YOU DON'T HAVE TO BORROW 89 MILLION? YOU ONLY HAVE TO BORROW 88,000,800. I THINK THAT'S YOUR QUESTION, RIGHT. LESS TO DO WITH THE INVESTMENT INCOME, BUT MORE TO DO WITH UNSPENT. AND DOES THAT MONEY STILL NEED TO BE DONE, OR HOW CAN YOU EASILY DETERMINE THAT? I THINK THAT'S WHEN WE GO THROUGH OUR REVIEW. THERE'S A LOT OF CLEANUP TO BE DONE. WE RECOGNIZE THAT WE WORK WITH THE DEPARTMENT AGAIN. YOU KNOW, IT IS IT IS A MATTER OF WE SIT AND LOOK AT THE NUMBERS. WE HAVE TO WORK WITH THE DEPARTMENTS TO UNDERSTAND WHETHER OR NOT THEY STILL NEED THAT FUNDING FOR THAT PARTICULAR PROJECT OR NOT. AND SO WE WORK THROUGH THOSE PROJECTS. OFTENTIMES WE CAN CLOSE OUT A PROJECT AND THEN THAT MONEY CAN GO TOWARDS SOMETHING ELSE. AND THEN THAT OFFSETS OUR BOND AND WHAT WE HAVE TO. SO THEN WE HAVE TO BOND LESS. FOR EXAMPLE, IF THERE IS MONEY THAT CAN BE MOVED. COUNCILMAN OWEN. THANK YOU CHAIR, I ALWAYS LEARN THINGS AS WE GO AND IT ALWAYS, ALWAYS OBVIOUS TO ME THAT LIKE WITH ARP FUNDS THAT ARE SITTING SOMEWHERE, WE CAN INVEST THOSE AND HAVE NET INTEREST INCOME. 
          WHAT I HADN'T THOUGHT ABOUT WAS THAT IF WE'VE, YOU KNOW, ISSUED A BOND AND THE MONEY'S SITTING THERE, THAT THE, THE FUNDS THAT HADN'T BEEN DRAWN DOWN COULD BE INVESTED. AND OBVIOUSLY CAPITAL MARKETS ARE FLUCTUATING ALL THE TIME. AND SO I GUESS WHAT I'M WHAT I'M THINKING, WHAT I'M MY QUESTION IS WHAT ARE THE CAPITAL MARKETS LOOK LIKE RIGHT NOW IN TERMS OF WHAT YOU CAN GET PAID, WHAT IT COSTS TO BORROW MONEY OVER AND AGAINST WHAT YOU CAN GET IN RETURN? ARE WE IN A POSITION WHERE YOU CAN GET ARBITRAGE ON THAT, ON ON THOSE, ON THOSE FUNDS? AND ARE THOSE HOW ARE THOSE MARKETS CHANGING AND MOVING COMPARED TO HOW THEY'VE BEEN OVER THE LAST COUPLE OF YEARS? WE DO HAVE TO MONITOR FOR ARBITRAGE. I MEAN, THAT IS SOMETHING THAT WE HAVE 
          [01:05:04]
TO BE AWARE OF AND WE MONITOR FOR THAT. THE RATES IN SOME CASES, WE MAY DO A LITTLE BETTER IN WHAT WE'RE EARNING THAN WHAT WE'RE SPENDING, BUT IT DOES SORT OF FLUCTUATE. I DON'T HAVE THE INVESTMENT REPORTS IN FRONT OF ME RIGHT NOW. SO, YOU KNOW, YOU COULD CERTAINLY TAKE A LOOK AT THAT. BUT I DO KNOW THAT WE WORK WITH METER INVESTMENT. YOU KNOW, WE HAVE AN INVESTMENT FIRM THAT WE WORK WITH. THEY HELP US MONITOR WHAT WE'RE INVESTING IN, WHETHER OR NOT WE'RE GETTING, YOU KNOW, IF WE'RE IN DANGER OF HITTING ARBITRAGE OR WHAT THAT MIGHT LOOK LIKE. AND SO THEY'RE A GREAT PARTNER TO HELP US MANAGE OUR CASH AND, YOU KNOW, GET THE MOST EFFECTIVE RATES THAT WE CAN GET ONE WAY OR THE OTHER, RIGHT? I MEAN, IF THAT SPREAD IS WIDER, AT SOME TIMES YOU WOULD BE WISER TO DRAW DOWN ON THAT MONEY AND MOVE PROJECTS ALONG MORE QUICKLY THAN IN A DIFFERENT SITUATION. SURE, IT WAS JUST SOMETHING I WAS THINKING ABOUT. THANK YOU. OKAY, I DON'T SEE ANYONE ELSE IN QUEUE, SO I THINK THE NEXT SECTION IS THE OMB BUDGET CAPITAL. DID YOU WANT ME TO RUN THROUGH CAPITOL REAL QUICK? I'M SORRY. CAPITAL. SORRY. I JUST HAVE A COUPLE OF SLIDES. JUST A FEW MORE PIE CHARTS FOR YOU TO LOOK AT. SO THIS IS A THIS CHART IDENTIFIES THE VARIOUS SOURCES THAT HAVE BEEN USED TO FUND OUR CAPITAL PROJECTS. BONDS AND NOTES ACCOUNT FOR APPROXIMATELY 36%. GRANTS ALSO SERVE AS A LARGE FUNDING SOURCE AT APPROXIMATELY 32%. CAPITAL FUND AND OTHER SOURCES ARE THE NEXT LARGEST AT 28% COMBINED. THE OTHER CATEGORY IS COMPRISED OF STATE FORFEITURE AND PREVIOUSLY AUTHORIZED BOND FUNDS. THIS CAPITAL BUDGET REFLECTS A RECOMMENDED LEVEL OF CAPITAL DEBT, APPROXIMATELY 8 MILLION LESS THAN FY 25, AND IS REFLECTIVE OF METRO'S APPROACH TO MAINTAIN A CONSISTENT AND EVEN AN IMPROVED LEVEL OF DEBT WHEN POSSIBLE EACH YEAR. SO TO TALK A LITTLE BIT ABOUT A MULTI-YEAR CAPITAL PLAN, THIS IS A NEW PLAN THAT WE'VE BEEN WORKING ON. WE'VE BEEN BUILDING A MULTI YEAR PLAN THAT WILL ALLOW US TO STRATEGICALLY MANAGE THE CAPITAL REQUESTS EACH YEAR. 
          YOU MAY REMEMBER THE ONE PAGER PLAN THAT WE PRESENTED LAST YEAR. WE'VE TAKEN THAT PLAN AND CREATED THE NEXT ITERATION. THIS VERSION INCLUDES FIVE YEARS OF ANTICIPATED CAPITAL EXPENDITURE. 
          THE PLAN IS NOT REFLECTIVE OF PROJECTS FUNDED WITH GRANT SOURCES. IT ALSO DOES NOT INCLUDE EVERY ROAD OR PARKS, IMPROVEMENT, VEHICLE PURCHASE OR DEFERRED MAINTENANCE. INSTEAD, YOU WILL SEE THAT WE HAVE IDENTIFIED THOSE TYPES OF PROJECTS THAT HISTORICALLY RECEIVE FUNDING AS A CUMULATIVE TOTAL, INCLUDING 15 MILLION OF FUNDING TO SUPPORT THE 30 MILLION PER YEAR IN STREET AND STREET PAVING. AND I'LL PULL THE REPORT UP HERE IN A SECOND. THE SECOND SECTION OF THE REPORT IDENTIFIES ANTICIPATED CONSTRUCTION AND CAPITAL IMPROVEMENT PROJECTS. THIS LIST IS NOT MEANT TO BE BINDING, AS IT'S A LIVING DOCUMENT THAT WILL EVOLVE OVER TIME TO MEET THE NEEDS OF METRO. IT SERVES AS A PLANNING DOCUMENT FOR FUTURE YEARS, BUT DOES NOT NECESSARILY INDICATE COMMITMENTS. AND THEN LET ME SEE IF I CAN. ARE WE READY FOR QUESTIONS? THERE WE GO. SO AND THIS IS KIND OF A SNAPSHOT OF THAT PLAN. 
          READY FOR QUESTIONS. YES. COUNCILMAN WINKLER, THANK YOU. I'VE GOT TWO QUESTIONS FOR YOU. 
          ONE, AND AGAIN, IF YOU WANT TO PUNT THIS TO LMPD OR FLEET AND FACILITIES, THAT'S FINE. BUT I KNOW THERE'S ANOTHER 9.2 MILLION FOR THE LMPD HEADQUARTER RENOVATION IN THIS BUDGET. DO WE HAVE AND I BELIEVE WE'VE ALLOCATED 6 MILLION BEFORE. AND I THINK ANOTHER ALLOCATION, IF I'M NOT MISTAKEN, DO WE HAVE A TOTAL ESTIMATE FOR THAT BUILDING'S RENOVATION COST? WELL, THIS REPORT SHOWS IT'S ONLINE. SO WE HAVE THE 9.2 FOR THIS YEAR ESTIMATES THAT WE GOT FROM FLEET AND FACILITY OR FROM FACILITIES 17.5 PROJECTED FOR 27. AND THE 9.3 THE NEXT TWO YEARS, FOR A TOTAL ON THIS LIST OF 45. BUT I THINK WITH THE OTHER APPROPRIATIONS, I'D HAVE TO ADD THAT UP FOR YOU. BUT I DON'T HAVE THAT IN FRONT OF ME. I DO KNOW THAT THE 17.5 NEXT IN 27 HAS SOMETHING TO DO WITH THE BALLISTICS GLASS, SOMETHING, YOU KNOW, SO THAT'S SORT OF A HIGHER EXPENSE, BUT OTHERWISE THAT'S SORT OF THE REMAINING IS SPREAD OUT. AND I DON'T RECALL WHEN WE INITIALLY BOUGHT THAT BUILDING. WHAT WAS THE ESTIMATE FOR THE TOTAL COST OF THE PROJECT. DO YOU RECALL? I DON'T RECALL, BE INTERESTED TO LOOK THAT UP. I SEEM TO REMEMBER IT BEING SUB 20 MILLION IS SORT OF WHAT'S IN MY MIND, BUT I DON'T REMEMBER THAT EXACTLY. BUT I'D BE INTERESTED IF WE COULD FIGURE THAT OUT AND LOOK BACK AND MAYBE UNDERSTAND, YOU KNOW, WHY IS IT A BALLOON? AND I KNOW THE ENVIRONMENT'S CHANGED CONSTRUCTION COSTS, BUT, I MEAN, I THINK, YOU KNOW, AS WE 
          [01:10:01]
ACQUIRE BUILDINGS AND PARTICULARLY FOR RENOVATION, I THINK IT'S IMPORTANT TO UNDERSTAND, YOU KNOW, WHAT ARE REALISTIC COSTS AND WHAT ARE APPROPRIATE COSTS. MY OTHER QUESTION RELATES TO THE ALLOCATIONS FOR LIBRARIES, WHICH I'M VERY HAPPY TO SEE. I JUST HAD I WAS NOT TOTALLY CLEAR WHY. YOU'VE GOT 7.65, I THINK, FOR THE. CAPITAL CAMPAIGN. AND THEN A SEPARATE 2 MILLION FOR FERN CREEK. CAN YOU TALK ABOUT WHY THOSE TWO ARE SPLIT OUT? SURE. 
          SO IN WORKING WITH THE LIBRARY STAFF, WE WERE ASKED TO INCLUDE THIS PARTICULAR PROJECT IN THE BUDGET TO GIVE THEM THE AUTHORITY TO FUNDRAISE THROUGH THE LIBRARY FOUNDATION FOR THAT PARTICULAR PROJECT. AND THEN THE FERN CREEK, THAT'S A STATE GRANT THAT WE RECEIVE. SO WE JUST NEED TO BUDGET BUDGETARY AUTHORITY TO ESTABLISH THAT PROJECT. AND THEN THE LAST QUESTION I HAVE RELATES TO THE PROPOSED $3 MILLION DOWNTOWN TRANSIT HUB. WE OWN A NUMBER OF PROPERTIES DOWNTOWN. 
          IN FACT, WE HAVE RFPS ON MULTIPLE PROPERTIES. I'M CURIOUS WHETHER ANY OF THOSE WERE CONSIDERED OR ARE BEING CONSIDERED AS A POTENTIAL OPTIONS FOR THE TRANSIT HUB VERSUS AN INCREMENTAL PURCHASE OF A FACILITY. I'M NOT AWARE OF WHAT PROPERTIES HAVE BEEN REVIEWED OR CONSIDERED. WE I HAVE NOT BEEN INVOLVED IN THAT PROCESS. AND I DO THINK IT'S MORE LIKE A TRANSFER HUB RATHER THAN A TRANSIT HUB. SO I DON'T KNOW IF THAT MAKES A DISTINCTION, BUT BUT I'M NOT SURE WHAT PROPERTIES HAVE BEEN CONSIDERED OR NOT CONSIDERED, DO YOU THINK WOULD THAT BE A QUESTION FOR FLEET AND FACILITIES, OR WOULD THAT BE A QUESTION FOR TARC? IT MAY BE. OR MAYBE. MAYBE DANA, I SEE DANA POP UP BEHIND YOU. SO MAYBE SORRY, IF YOU WERE TO INTRODUCE YOURSELF, PLEASE. DANA MAIDEN, DEPUTY MAYOR FOR OPERATIONS AND BUDGET. AS YOU ALL PROBABLY KNOW, TARC GOT A GRANT WHEREBY THEY HIRED A CONSULTANT TO LOOK AT ROUTES. YOU KNOW, THEY'VE DONE THIS HUGE STUDY, ALL THAT. SO I THINK THEY'VE GOT SOME SPECS IN MIND FOR WHERE A LOCATION SHOULD BE, GENERALLY HOW MUCH ACREAGE THEY NEED. THEY IDEALLY IT'D BE AN ACRE AND A HALF, BUT IF WE COULD FIND SOMETHING IN THE ACRE RANGE. SO I'M CERTAINLY WOULD SAY WE'VE NOT RULED OUT USING A PROPERTY THAT WE ALREADY OWN. BUT IF WE COULD FIND ONE THAT YOU DIDN'T HAVE, LIKE DEMOLITION COSTS AND THOSE SORTS OF THINGS THAT SORT OF MEET THOSE PARAMETERS. AND I KNOW OZZIE WILL ELABORATE ON THAT, BUT I KNOW HE DOESN'T COME TILL JUNE. SO WE KNEW THAT YOU ALL WOULD HAVE QUESTIONS ABOUT THIS BEFOREHAND. AND MARK CAN PROBABLY ANSWER SOME OF THOSE WHEN HE COMES, I THINK, NEXT WEEK. THANK YOU. OKAY, THIS QUESTION IS NOT AS SPECIFIC AS PERHAPS I WOULD LIKE FOR IT TO BE. SO PROBABLY EVEN LESS FOR YOUR SAKE. WHEN WE'RE LOOKING AT SOME OF THE EXPENDITURES, THE RECURRING EXPENSES THAT WE'RE ADDING TO THIS YEAR'S BUDGET AND LOOKING OUT, YOU KNOW, THREE YEARS, 27, 28 AND 29, I KNOW IT'S A BIT MUCH TO ASK FOR, YOU KNOW, A PROJECTED REVENUE FOR 2029. BUT I AM CURIOUS WHAT THE THOUGHT PATTERN WAS OR WHAT THOUGHT PATTERN IS AS WE'RE HIRING THESE NEW POSITIONS, HOW DO WE HOPE TO HAVE THAT BE SUSTAINABLE INTO 28 AND 29? SO IS THERE AN OVERALL OVERALL SENSE THAT GROWTH IS GOING TO TAKE CARE OF THIS, OR HOW ARE YOU PROJECTING THAT WE'LL COVER THESE EXPENSES? TALKING ABOUT CAPITAL SPECIFICALLY? YES. I MEAN, AT THIS POINT, WE'RE JUST TRYING TO START BUILDING A PLANNING STRATEGY. OKAY. SO, YOU KNOW, A LOT OF IT IS IT'S A IT'S THERE'S SOME ASSUMPTIONS, THERE'S SOME ESTIMATES. BUT, YOU KNOW, WE'RE TRYING TO BUILD THIS OUT TO SORT OF HELP WITH THAT PLANNING STRATEGY IN TERMS OF IDENTIFYING HOW YOU MIGHT PAY. 
          YOU KNOW, OBVIOUSLY TRADITIONALLY IN CAPITAL, WE DO, YOU KNOW, USE A FAIR WE USE BOND FUNDING IN SOME CASES WHERE APPROPRIATE. AND SO THERE'S THE DIFFERENT SOURCES OF FUNDING WE HAVE TO CONSIDER IN TERMS OF HOW WE MIGHT PAY FOR THIS. BUT WHAT YOU SEE IN FRONT OF YOU IS REALLY THERE'S A LOT OF ASSUMPTIONS IN THIS, YOU KNOW, FOR THE OUT YEARS WHERE WE'RE JUST SORT OF TRYING TO BUILD OUT A PLAN. YEAH. AND I THINK THAT'S MY QUESTION, HONESTLY, IS I'M PROBABLY SHOULD HAVE BEEN MORE SPECIFIC. AS YOU LOOK AT THOSE OUT YEARS, IS THE PLAN, I GUESS IS THE BEST WORD TO USE THAT WE WOULD COVER THE COST GOING FORWARD? OR IS THERE A PLAN TO INCREASE OUR BORROWING BEYOND WHAT? ONE OF THE REASONS I'VE BEEN SO PLEASED WITH THE PAST, WITH LAST YEAR'S BUDGET AND WITH WHAT'S PROPOSED THIS YEAR, IS WHILE WE'RE STILL BONDING, I MEAN, IF WE'RE GOING TO DO CAPITAL PROJECTS, YOU ALMOST HAVE TO WRITE. I HAVE BEEN IMPRESSED WITH THIS. MAYOR'S BEEN MORE CAREFUL ABOUT INCREASING DEBT. AND SO I JUST 
          [01:15:05]
WAS WONDERING, YOU KNOW, LOOKING FORWARD AND YOU'RE TRYING TO FIGURE OUT THOSE PROJECTIONS. IS THERE A SHIFT IN OUR THINKING ABOUT BORROWING, OR ARE WE DO WE HAVE SOME OTHER HOPE THAT WILL COVER THESE COSTS? I MEAN, I THINK THE GOAL IS TO BE ABLE TO AT LEAST MAINTAIN DEBT. I DON'T THINK THERE'S ANY DESIRE PENDING, YOU KNOW, SOME UNFORESEEN. BUT AT TODAY, AS I SIT HERE, I DON'T THINK THERE'S ANY DESIRE TO DRASTICALLY INCREASE WHAT WE BOND. SO AGAIN, IT'S MANAGING THE SOURCES THAT WE HAVE AVAILABLE TO US, YOU KNOW, TO BRING THESE THINGS TO FRUITION. GOOD. SO THE PROJECTIONS AREN'T IT'S NOT INTENDED IN YOUR PROJECTIONS. 
          YOU HAVEN'T BUILT IN. WE'RE GOING TO INCREASE DEBT. THAT'S WHAT I'M ASKING. OKAY. GOOD. 
          THANK YOU. I JUST WANT TO BE SURE. AND THEN ARE THERE ANY FUNDS EXPECTED TO BE SPENT IN FY 26 THAT ARE NOT CONTAINED IN THE MAYOR'S PROPOSED BUDGET? NO, NO, NOT TO MY KNOWLEDGE. SO ALL OF WHAT WE EXPECT TO BE CAPTURED IS BUILT INTO HERE, CORRECT? OKAY, GREAT. ANY OTHER QUESTIONS? SEEING NONE. QUESTION. I'VE BEEN TRYING TO GET IN THE QUEUE. I'M SORRY, I HAVE A QUESTION. I WAS TRYING TO GET IN THE QUEUE. I DON'T KNOW OKAY. THANK YOU. COUNCILWOMAN, YOU HAVE THE FLOOR. THANK YOU. I, I HAVE A LOT OF QUESTIONS, BUT I APPRECIATE YOUR PRESENTATION AS IT IT'S ANSWERING SOME OF THOSE AS WELL AS MY COLLEAGUES QUESTIONS. SO I KNOW THAT YOU SAID THAT JUST JUST BECAUSE SOMETHING IS LISTED IN THIS CAPITAL PROJECT DOESN'T MEAN THAT IT'S PROMISED, BUT THAT, YOU KNOW, THAT CAN CHANGE. AND IT'S A LIVING DOCUMENT. I WANT TO BRING UP THE FACT FOR DISTRICT THREE, WHICH IS A HIGHLY. IT'S A IT'S A DISTRICT THAT PAYS INTO THE TAX SYSTEM, A LOT OF WORKFORCE, A LOT OF SMALL BUSINESSES. IT HAS A VERY ACTIVE, HIGHLY USED LIBRARY. AND WE WERE PROMISED THAT THERE WOULD BE A LIBRARY EXPANSION. 
          AND IT WAS LISTED LAST YEAR. I DON'T SEE IT LISTED THIS YEAR. I DON'T HAVE EVERYTHING IN FRONT OF ME. AND I TRIED TO ZOOM IN ON THAT LAST DOCUMENT THAT YOU HAD, BUT IT WAS LISTED LAST YEAR. AND THEN THERE WAS ALSO A SEPARATE PROMISE FROM THE MAYOR THAT TO HELP WITH THE SHIVELY SPLASH PAD, WHICH WE ARE IN DISTRICT THREE, COMMITTING A PORTION OF OUR THE MONIES WE GOT BACK IN THE MID YEAR ADJUSTMENT TO THAT. SO THE MATCH IS 100,000. AND SO I DON'T SEE THAT AS WELL. BUT I MY QUESTION IS WHERE IS THIS IN THE PLAN AROUND THE SHIVELY LIBRARY EXPANSION, THINKING THAT AS YOU ALL WERE TALKING ABOUT THE OTHER LIBRARIES AND HOW YOU HAVE TO AND THEN THE TRANSIT SYSTEM FOR TART, YOU HAVE TO PURCHASE LAND. WE NEED TO WE HAVE CONSTITUENTS, I HAVE CONSTITUENTS, I HAVE PEOPLE IN SHIVELY AND AROUND IN THE DISTRICT THREE WHO ARE ASKING, WHEN WILL THIS LIBRARY BE EXPANDED? AND WE WILL NEED TO PURCHASE LAND. WHATEVER HAPPENS, IT'S GOING TO HAVE TO BE IN A DIFFERENT LOCATION IN A IN A BIGGER PLACE. SO WE'RE I JUST WANT TO KNOW WHERE THAT IS. AND IF YOU CAN'T ANSWER THAT, POINT ME IN THE DIRECTION OF WHO CAN ANSWER THAT? WELL, I THINK YOU KNOW, WHAT I WANT TO CAUTION ABOUT THIS LIST IS IT'S NOT AN EXHAUSTIVE LIST. IT'S JUST WHAT WE HAVE TODAY. AND WE'RE PRESENTING THAT TO YOU. AGAIN, IT'S A IT'S A LIVING DOCUMENT THAT CAN EVOLVE OVER TIME. I DON'T BELIEVE IF I'M, I DON'T THINK THERE'S A SPECIFIC LINE ITEM FOR 26 FOR THE SHIVELY LIBRARY CURRENTLY PROPOSED. 
          DOESN'T MEAN THAT IT CAN'T BE CONSIDERED FOR FUTURE YEARS, DEPENDING ON, YOU KNOW, WHEN THOSE DECISIONS ARE MADE OR WHEN THAT INFORMATION IS PRESENTED TO US. SO I DON'T WANT YOU TO THINK THAT THIS LIST IS, IS ANY SORT OF INDICATION OF EVERYTHING THAT MIGHT BE FUTURE PLANNING. IT'S SORT OF OUR STARTING POINT. WE ALSO DID NOT, YOU KNOW, YOU MIGHT NOTICE THERE'S LINES THERE, YOU KNOW, PARKS, DEFERRED MAINTENANCE AND DIFFERENT THINGS LIKE THAT. WE DIDN'T GO THROUGH AND LIST OUT EVERY SINGLE PROJECT. SO I DON'T KNOW, I CAN'T SPEAK TO I DON'T HAVE IT IN FRONT OF ME WHETHER OR NOT A SPLASH PAD IS IN THERE OR NOT, THAT MIGHT BE SOMETHING THAT THAT PARKS HAS MORE INFORMATION ON, BUT WE DIDN'T LIST THEM OUT ON THIS LIST IS THE POINT I'M I WANT TO MAKE SURE YOU GUYS UNDERSTAND IS THAT IF WE WERE TO LIST EVERY SINGLE, YOU KNOW, PROJECT IN ROAD AND YOU WOULD HAVE A VERY LONG LIST TO REVIEW. AND SO THIS WAS MEANT TO BE MORE AT A HIGH LEVEL. UNDERSTAND MY MAIN CONCERN, IF I MAY READDRESS, IS THAT LAST YEAR IT WAS LISTED. AND THEN HOW IS THAT DECISION MADE TO REMOVE IT. BECAUSE AS WE'RE TALKING ABOUT, AS IT WAS MENTIONED WITH THE NEW POLICE HEADQUARTERS, IT'S LISTED EVERY YEAR. IT'S PROBABLY GOING TO GET THE MONEY IT'S GOING TO GET EVERY YEAR. SO WHAT HOW IS THIS DECISION MAKING HAPPENING AND HOW CAN WE AS COUNCIL MEMBERS, WHEN WE HAVE CAPITAL PROJECTS THAT WE'RE REALLY INVESTED IN, HOW CAN WE WEIGH IN AND HELP INFLUENCE AND DO THE PARTS THAT WE CAN? BECAUSE MY ASSUMPTION WAS THAT THIS YEAR, IT WAS MENTIONED LAST YEAR AND THAT THIS YEAR IT WAS LISTED LAST YEAR, THIS YEAR THERE WOULD BE SOME OTHER MOVEMENT IN THAT DIRECTION. AND I KNOW WE JUST HAD A SHAKEUP AS THE LIBRARY DIRECTOR JUST RETIRED, AND WE HAVE AN INTERIM FORMER DEPUTY 
          [01:20:07]
MAYOR COMING IN, I GET THAT, BUT THIS IS SOMETHING THAT WAS ON THE CAPITAL BUDGET LAST YEAR. 
          AND WHO HOW WAS THAT DECISION MADE TO REMOVE IT? AND HOW DO I GET IT BACK ON THERE AS A REAL THING TO BE MOVING FORWARD WITH? WELL, I JUST WANT TO CLARIFY, I THINK ARE YOU TALKING ABOUT WAS IT ON THE PROPOSED LONG TERM PLAN LAST YEAR? NOT NECESSARILY IN THE ACTUAL CAPITAL ORDINANCE OR ON THE LIST OF CAPITAL PROJECTS APPROVED FOR LAST YEAR? IT WAS IT WAS ON THAT BLUE SHEET, THE SINGLE SHEET THAT WAS SORT OF PROPOSED PLANS. YOU KNOW, THERE WAS SOME, YOU KNOW, EVALUATION. AND WE SORT OF BUILT OUR, OUR STARTING POINT. AND LIKE I SAID, THERE WERE THERE WERE SEVERAL THINGS THAT WERE ON THAT LIST THAT DIDN'T NECESSARILY GET TRANSFERRED OVER TO THIS LIST. I THINK IF THERE IS SOMETHING YOU WANT TO ADD TO THAT LIST, IT'S A CONVERSATION TO HAVE WITH THE BUDGET COMMITTEE. IT'S A CONVERSATION TO HAVE WITH THE MAYOR'S OFFICE. 
          YOU KNOW, YOU KNOW THAT, HOWEVER, THE COUNCIL WOULD TYPICALLY COMMUNICATE THOSE DESIRES IS PROBABLY THE WAY YOU MIGHT WANT TO COMMUNICATE ABOUT WHERE THAT PROJECT STANDS. OKAY. 
          AND I HAVE DONE THAT. THANK YOU FOR TRYING TO ANSWER IT. AND I'LL KEEP FOLLOWING UP. 
          COUNCILMAN WINKLER. YEAH, SORRY. AND I HAVE MORE COMMENT THAN A QUESTION, AND I DON'T WANT TO BELABOR THIS POINT, BUT I DO THINK IT'S IMPORTANT FOR ALL OF US TO JUST SORT OF UNDERSTAND. 
          AND I WAS TALKING WITH SOMEBODY ABOUT THIS A MINUTE AGO, YOU KNOW, IF I REMEMBER AND MY MEMORY IS NOT PERFECT, BUT AND IT WAS A PREVIOUS ADMINISTRATION. BUT WHEN THEY CAME TO US WITH PURCHASING THE AT&T BUILDING, YOU KNOW, IT WAS LIKE A $6 MILLION PROJECT. I DON'T THINK ANY OF US REALIZED AT THE TIME THAT THE NEW HEADQUARTERS, WHICH I PERSONALLY WANT TO BE THE BEST HEADQUARTERS FOR OUR POLICE OFFICERS POSSIBLE, I DON'T THINK ANY OF US REALIZED THAT IT WAS A 75 TO $80 MILLION PROJECT. WE PROBABLY WOULD HAVE HAD SOME DIFFERENT DISCUSSIONS. AND I JUST THINK THAT, YOU KNOW, AS WE'RE CONSIDERING THINGS, AND I THINK THAT'S IMPORTANT AS WE THINK ABOUT OTHER ACQUISITIONS HERE, THAT WE HAVE A FULL AND AGAIN, YOU CAN'T PREDICT FUTURE CONSTRUCTION COSTS. BUT, YOU KNOW, CONSTRUCTION COSTS DON'T EXPLAIN THE DIFFERENCE BETWEEN 6 MILLION AND 80 MILLION. RIGHT. AND I JUST THINK THERE'S A VERY IMPORTANT LESSON THERE THAT WE JUST NEED TO BE MINDFUL OF WHEN WE'RE MAKING THESE KIND OF DECISIONS AND THE POTENTIAL THAT WE'RE OBLIGATING FUTURE COUNCILS TO INORDINATE SUMS OF MONEY UNWITTINGLY. GREAT. THANK YOU. OKAY, WE'RE READY TO MOVE ON TO THE NEXT SECTION. AND I BELIEVE ACTUALLY, I BELIEVE THAT KEPT THAT FINISHES US WITH THIS PORTION. NEXT IS THE OMB SECTION. SECTION. I THINK THE CLERK NEEDS A MINUTE TO SHIFT SOME THINGS AROUND. I DON'T KNOW IF YOU GUYS IT. FOR THOSE OF US WHO ARE PAYING ATTENTION OR WATCHING OR FOLLOWING THIS ONLINE, THE TWO FOLKS WHO ARE SITTING IN FRONT OF US RIGHT NOW ARE THE SAME TWO FOLKS WHO WILL BE SITTING IN FRONT OF US FOR THE NEXT PORTION. SO THEY'RE NOT GOING WELL. THEY MAY STAND UP AND MOVE FOR A BIT, BUT THEY'RE COMING RIGHT BACK. THE CLERK NEEDS A FEW MINUTES. WE'LL TAKE A FIVE MINUTE BREAK. WE'LL TAKE A FIVE MINUTE BREAK, BUT TRY TO BE BACK, PLEASE. OKAY. 
          [ ID 25-0287     Office of Management and Budget]
          [01:29:44]
METRO TV, WE'RE GOING TO START IN 30S. 
          [01:30:07]
AGAIN. ALL RIGHT. AND. I DIDN'T SEE ANY LOCAL TOWNS THAT I WAS WATCHING FOR SEVERAL DAYS. 
          WELCOME BACK TO OUR LAST HEARING OF THE DAY, THE OFFICE OF MANAGEMENT AND BUDGET. I'M KEVIN CRAMER, CHAIR OF THE BUDGET COMMITTEE. WITH ME TODAY IS OUR BUDGET VICE CHAIR MARKUS WINKLER, AND OTHER OTHER COMMITTEE MEMBERS PRESENT OUR COUNCILMAN PARKER, COUNCILMAN BENSON, COUNCILMAN OWEN, COUNCILWOMAN BASS, COUNCILMAN PURVIS, COUNCILWOMAN RUBY HAS JOINED US. COUNCILMAN SAM IS HERE. I'M COMING BACK INTO CHAMBERS. COUNCILMAN CHAPEL AND COUNCILMAN LINENGER. AND JOINING US VIRTUALLY IS COUNCILWOMAN SHAMIKA PARISH. RIGHT? THE CLERK. DO WE NEED TO READ THE SAME THING INTO THE RECORD, OR IS THIS AN EXTENSION? GOOD. 
          WE'LL PROCEED WITH THE MEETING THEN. IF IT'S OKAY, MISS DUNN, I'LL TURN IT OVER TO YOU. WELL, THANK YOU. WE DIDN'T. WE DIDN'T PROVIDE A PRESENTATION. NOPE. OH, SO YOU WANT US TO JUST START BOMBING YOU WITH QUESTIONS? ALL RIGHT, WE GOT ONE FOR YOU, COUNCILMAN WINKLER. THANK YOU. A QUESTION ABOUT THE CONTRACTUAL SERVICES FOR 33 MILLION. I ASSUME PART OF THAT IS THE YUM PAYMENT. IS THAT RIGHT? 2.8. WHAT MAKES UP THE OTHER? I HAVE NO DETAIL ON WHAT THE OTHER 20 IS AND WHY IT'S 5 MILLION OR 6 MILLION OR 7 MILLION HIGHER THAN THE YEAR BEFORE. AT MOST OF OUR CONTRACTUAL SERVICES HAVE TO DO WITH AND I DON'T HAVE THE LIST IN FRONT OF ME, BUT THEIR SYSTEM MAINTENANCE, YOU KNOW, THE WORKDAY SYSTEM, WE HAVE CONTRACTUAL AGREEMENTS IN TERMS OF MAINTAINING THE SYSTEM, CONTINUED DEVELOPMENT OF THE SYSTEM, AND SOMETIMES THOSE COSTS, LIKE ANYTHING ELSE, GO UP YEAR OVER YEAR. COULD WE GET A BREAKOUT OF THE 33? AND I MEAN, MAYBE JUST THE EVERYTHING OVER LIKE A COUPLE HUNDRED, RIGHT? I MEAN, IF YOU'VE GOT CONTRACTS FOR $80, YOU PROBABLY DON'T NEED TO LIST THOSE. RIGHT. BUT. RIGHT. ANYTHING SORT OF SUBSTANTIAL JUST SO THAT WE CAN GET A LITTLE MORE FIDELITY BEHIND THAT. 33 AND ALSO UNDERSTANDING WHY IT'S $7 MILLION MORE, DOES THAT TIE INTO THE IT THINGS THAT WERE MENTIONED. SORRY, AARON. YEAH I CAN SPEAK TO MOST OF IT. SO ON PAGE 165 OF THE RECOMMENDED DETAILED BUDGET, IT DOES LIST THE VARIOUS LINE ITEMS SPECIFIC TO CONTRACTUAL SERVICES. 
          INCLUDED IN THAT IS THE ROUGHLY 10.8 MILLION FOR THE ARENA PAYMENT. IT INCLUDES ROUGHLY $2.1 MILLION FOR PROFESSIONAL SERVICES, AND THAT'S TO MAINTAIN OUR FINANCIAL SYSTEM. BANK SERVICE FEES ARE ALSO INCLUDED IN THAT, BUT THE LARGEST AMOUNT IS THE 6 MILLION FOR THE EMS RUNS, SO THAT'S INCLUDED IN THAT NUMBER AS WELL. OKAY. PERFECT. THANK YOU. OKAY. I'M LOOKING AT THE FUNDS FOR ABOUT 502. THIS IS AN ITEM THAT WE HAD FUNDED IN THE PAST. WAS THERE A CHANGE IN THE FUNDING? IF SO, HOW MUCH WAS GIVEN IN FY 26 AND IN FY 25 AND THEN FY 26? HOW MANY STUDENTS ARE ANTICIPATED TO BE TO BENEFIT FROM THE SCHOLARSHIP SUPPORT? SO I CAN SPEAK TO THE FINANCIAL QUESTION, BUT I DON'T HAVE ANY INFORMATION ON THE OPERATIONAL QUESTION. BUT THE BUDGET INCLUDES $600,000 TO EVOLVE, 500 TO $100,000 FOR OPERATING SUPPORT, AND THEN THERE'S $500,000 FOR THE SCHOLARSHIP SUPPORT FOR ABOUT 502. OKAY. GREAT. THANKS. AND SO THE OPERATIONAL PIECE, I'LL HAVE TO I'LL GET THAT SOMEWHERE ELSE, I THINK WAS JUST 100,000, AS I SAID THAT. I SHOULD HAVE ASKED THAT AS A FOLLOW UP. YEAH. SO THE DIFFERENCE BETWEEN LAST YEAR AND THIS YEAR WAS 100,000 LAST YEAR, 600 THIS YEAR. SO IT'S A HALF $1 MILLION, HALF $1 MILLION. YES. I DO KNOW THAT THERE IS SOME CONVERSATION WITH THE 502 ABOUT EXPANDING WHO IT IS THAT THE SCHOLARSHIPS WOULD BE OFFERED TO. IN THE PAST, IT'S BEEN A LIMITED POOL, AND THEY'RE TRYING TO EXPAND THAT POOL. BUT AS FAR AS LIKE WHO'S ACTUALLY RECEIVED IT? YOU DON'T YOU DON'T HAVE WE DON'T HAVE THAT SENSE OF THAT. OKAY. THEN THIS MAY BE OPERATING AS WELL. BUT STILL WITH THE 502 IN FY 22, THEY WERE GIVEN 3 MILLION IN MISCELLANEOUS SPECIAL REVENUE. NONE OF THAT'S BEEN SPENT. AND THEN FY 23, THEY WERE GIVEN 6 MILLION FOR SCHOLARSHIPS. AND ALL OF THAT'S BEEN SPENT. SO CAN YOU SPEAK TO. SO I'M GOING FROM MEMORY, BUT I THINK YOU'RE REFERRING TO WHAT WAS IN THE CAPITAL BUDGET. AND I BELIEVE THERE WAS SOME MATCHING OBLIGATIONS AT THAT PARTICULAR TIME. AND I THINK THE, THE MATCHING FUNDS JUST DIDN'T GET REMOVED FROM THE CAPITAL REPORT THAT YOU'RE PROBABLY REFERENCING. OKAY. SO THEN IT WAS THEY DID SPEND. THAT'S 
          [01:35:02]
RIGHT. OKAY. GOOD. THANKS. THERE ARE COUNCILWOMAN CHAPPELL I'LL I'LL GET BACK IN YOUR HONOR. 
          SHE'S NOT IN THE QUEUE. ALL RIGHT. JUST CURIOUS, DO WE KNOW HOW MANY RIDES LOUISVILLE METRO EMPLOYEES TAKE ON TARC ANNUALLY? JUST CURIOUS. BECAUSE WHEN I GET ON, I FEEL LIKE SOME DO A LITTLE TALLY. AND I WAS JUST WONDERING IF WE GET THAT NUMBER IS $100,000 TO PARK COVERING THOSE RIDES OR THE $100,000 PROPOSED IN THIS BUDGET? YES, IT'S MEANT TO, YOU KNOW, HELP OFFSET THOSE RIDES. WE FOR THE LAST YEAR, I, I DON'T HAVE THAT INFORMATION. WE DIDN'T YOU KNOW, WE DIDN'T HAVE ANY MONEY IN THE BUDGET FOR THE LAST YEAR. I DID SPEAK WITH TARC RECENTLY, AND I BELIEVE THEY HAVE A NEW SYSTEM WHERE THEY CAN TRACK THE RIDERSHIP DIFFERENTLY THAN WHAT THEY HAVE IN THE PAST. SO I DON'T HAVE A LOT OF INFORMATION ON THAT. BUT THAT WAS JUST A RECENT SORT OF QUICK CONVERSATION. SO I BELIEVE THAT MAYBE THERE'S A NEW TECHNOLOGY AVAILABLE WHERE THEY CAN TRACK THE RIDERSHIP DIFFERENTLY. SURE, MAYBE I'LL BRING THAT UP AGAIN WHEN OZZY COMES. MY OTHER QUESTION. THERE'S 6000, THERE'S REVISED BUDGETS, AND ONE OF THEM IS $6,000 FOR THE CLOVERLEAF NEIGHBORHOOD ASSOCIATION FOR NEW NEIGHBORHOOD SIGNS. AND I WAS JUST WONDERING, IT KIND OF LOOKED LIKE A RANDOM ITEM. ESPECIALLY BECAUSE I FELT LIKE WE HAD APPROVED THAT WITH LIKE, NDF FUNDING. IT. YOUR DOCUMENT IS IN THE. YEAH, THAT'S THAT THAT WAS SIX $6,000. THAT WAS ADDED BY THE COUNCIL IN THE FY 25 BUDGET FOR THAT PARTICULAR PURPOSE. THAT'S NOT RANDOM THOUGH. I MEAN, LIKE WHY WHY THAT ONE NDF IT WAS IT WAS A PART OF THE FY 25 BUDGET. SO I'M NOT EXACTLY SURE. BUT THAT'S WHERE IT WAS APPROPRIATED. I'M NOT KEVIN COUNCILWOMAN. I MEAN, I'M SORRY, I JUST PROMOTED MISS BELL. LATONYA BELL COUNCIL FINANCIAL ANALYST DURING THE IN YOUR BUDGET PROCESS, THE COUNCIL MEMBERS HAVE THE OPTION TO ADD FUNDS TO EACH DEPARTMENT, AND THAT WAS ADDED DURING THAT PROCESS. SO THEREFORE ANYTHING THAT GOT ADDED, IN ADDITION, ON TOP OF WHAT GOT ORIGINALLY SUBMITTED BY THE DEPARTMENT IS ALSO DOCUMENTED IN HERE AS WELL. THANK YOU. AND THEN LAST QUESTION FOR MISCELLANEOUS SERVICES, THERE'S AN ANTICIPATED INCREASE IN OPERATING COSTS FOR WORKDAY LEARNING SUPPORT. 
          WORKDAY, I UNDERSTAND, IS THE SOFTWARE THAT WE'RE USING. BUT IS THAT 100% INCREASE IN COST FOR THE PRODUCT OR IS THAT FOR SUPPORT OF THE PRODUCT? AND IF SO. WHY IS IT UNDER OMB? OKAY. 
          CHRISTINA BRITZ, EXECUTIVE DIRECTOR OF BUSINESS SOLUTIONS WITHIN OMB. SO SOME OF THE WORKDAY SUPPORT COSTS ARE IN THE OMB BUDGET UNDER BUSINESS SOLUTIONS. THAT TEAM SUPPORTS WORKDAY FROM A FUNCTIONAL STANDPOINT, THAT LEARNING THAT ADDITIONAL 100,000 FOR SUPPORT WAS OFFSET BY A DIFFERENT AGREEMENT THAT WE HAD WITH THEM. THIS IS WHAT THEY CALL A WORKDAY SUCCESS PLAN. IT GIVES TRAINING CREDITS INTO THEIR COMMUNITY PLATFORM, BUT IT ALSO GIVES US THE ABILITY TO WORK DIRECTLY WITH WORKDAY EXPERTS WITHOUT HAVING TO USE OUR OWN CONSULTANTS. SO THAT'S NOT HOW MUCH WE PAY FOR WORKDAY. IT'S JUST FOR THE SUPPORT. WITHIN WORKDAY, IT'S A YES. IT'S AN ADDITIONAL OPTIONAL SUPPORT. CORRECT. THANK YOU. THANK YOU. 
          I'M LOOKING AT THE TRANSFER OF POSITIONS FROM OMB REVENUE COMMISSION TO THE METRO TECHNOLOGY SERVICES. WHAT ROLES WILL THE THREE TRANSFER POSITIONS PERFORM IN METRO TECHNOLOGY? THEY WILL PERFORM SIMILAR ROLES TO WHAT THEY ARE PERFORMING NOW AT THE REVENUE COMMISSION. IT'S SERVER SUPPORT. IT'S THAT SORT OF TECHNICAL. PIECE OF IT. REVENUE COMMISSION 
          [01:40:03]
HAS HISTORICALLY HAD THOSE ACTIVITIES HOUSED WITHIN THE REVENUE COMMISSION, BUT WITH RECENT ABILITIES TO MOVE TO CLOUD BASED SERVER. WHERE WE CAN KEEP OUR SERVERS ON THE CLOUD, WHICH BEFORE WE COULDN'T WE HAD TO KEEP IT IN-HOUSE AT THE REVENUE COMMISSION. IT'S BEEN SOME CHANGES. WE ARE TRANSFERRING THOSE THREE POSITIONS. I CAN GET A BREAKDOWN OF SPECIFICALLY WHAT THE ACTIVITIES ARE GOING TO BE. I KNOW THAT THE REVENUE COMMISSION HAS BEEN WORKING VERY CLOSELY WITH CHRIS SITE TO SORT OF BREAK OUT WHAT THOSE RESPONSIBILITIES ARE GOING TO BE, BUT IT'S GOING TO BE IN THE REALM OF SECURITY, SERVER MAINTENANCE AND THAT SORT OF THING. SO IN THE PAST THEY WERE WORKING WITH THE WITH THE ENTITIES THAT WERE COLLECTING REVENUE, COLLECTING TAXES. RIGHT. FOR, FOR US ALSO FOR JC AND ALSO FOR TARC AS WELL AS THE TRANSIENT ROOM TAX. THEY'LL CONTINUE TO DO THAT JUST IN THIS IN THEIR NEW POSITIONS. THEY'LL CONTINUE TO DO THAT AT MTS SO THAT MAINTAINING THE REVENUE COMMISSION SERVER IS MOVING TO MTS. IT'S NO LONGER GOING TO BE A FREESTANDING SYSTEM WITHIN THE REVENUE COMMISSION. AND HOW WILL HOW WILL THE OTHER AGENCIES THAT ARE HELPING COVER THIS COST, HOW WILL THEY FIT INTO PAYING THESE COSTS GOING FORWARD? THIS WAS A THERE WAS A SHARED EXPENSE FOR COLLECTING THOSE REVENUES. AND ALSO THEY SHARED THE EXPENSE. OH, YOU'RE TALKING ABOUT LIKE JC YES. JC THE TRANSIENT ROOM TAX. 
          TARC YES, YES. SO WE CONTINUE TO YOU KNOW, WE HAVE A COLLECTION FEE AGREEMENT WITH THOSE ENTITIES. WE WILL CONTINUE TO RECEIVE THAT COLLECTION FEE. THOSE FEES ARE SORT OF ROLLED INTO THE GENERAL FUND OKAY. SO THE MOVEMENT HERE WILL NOT IMPACT. NO OKAY. THAT'S MY QUESTION. THANK YOU. I SHOULD HAVE ASKED IT MORE SUCCINCTLY. GREAT. ARE YOU BACK IN COUNCIL CHAT OR DID I JUST FORGET TO. OKAY. THERE WERE NO THE REVENUE COMMISSION QUESTION, WHICH I THINK WE'VE ANSWERED. THAT'S IT FOR ME. ANY QUESTIONS FROM ANY OF MY COLLEAGUES? COUNCILWOMAN BASS? AS FAR AS THE EMS RUNS, HOW DOES HOW DOES THAT WORK WITH THE $6 MILLION EXPENSE FOR EMS, FOR THE URBAN SERVICE DISTRICT? SO PER, YOU KNOW, STATE LEGISLATION, THE SUBURBAN DISTRICTS CAN NOW CHARGE METRO FOR RUNS THAT THEY MAKE INTO THE USD. SO WE HAVE BASED ON AN ESTIMATE, WE'RE NOT EXACTLY SURE YOU KNOW WHAT THAT AMOUNT WILL BE, BUT WE BELIEVE 6 MILLION IS A REASONABLE ESTIMATE. WHEN WE LOOK AT RUNS AND WHAT THE RATE IS FOR WHAT THEY CAN CHARGE US. 
          AND WE HAVE PLACED THAT IN OMB BUDGET, THE INVOICES WILL COME. WE HAVEN'T WORKED OUT THE SPECIFICS YET WITH THE WITH THE DISTRICTS, BUT GENERALLY SPEAKING, THEY'RE GOING TO INVOICE US FOR THEIR RUNS THAT WILL BE REVIEWED BY EMS TO ENSURE THAT THOSE WERE RUNS INTO THE US STAGE, TO MAKE SURE THE BILLING IS ACCURATE, AND THEN THOSE BILLS WILL BE PAID OUT OF THE BUDGET THAT WE'VE PLACED IT IN OMB. SO WHY IS IT OMB EXACTLY? WE WILL, BECAUSE WE'RE GOING TO BE THE ONES PAYING THE INVOICES. IS THAT I GUESS MAYBE I'M NOT FOLLOWING YOUR QUESTION. 
          DO YOU? YEAH, I GUESS THAT'S WHY. ISN'T IT UNDER EMERGENCY SERVICES, I GUESS IS MORE WHAT I'M TRYING TO GET TO. WELL, WE OFTEN THERE ARE TIMES, YOU KNOW, THE ARENA PAYMENT BOND IS A GOOD EXAMPLE WHERE IT'S A LARGE PAYMENT. WE'VE OFTENTIMES OMB GETS USED AS A PLACE TO SORT OF PLACE THESE BUDGETS FOR BIGGER PICTURE EXPENDITURES. I DON'T KNOW, AARON, IF YOU WANT TO HELP. NO, I THINK SHE I THINK YOU SPOKE TO IT. OKAY. SO IT'S USED KIND OF AS A CATCH ALL. IS 
          [Adjournment
Note: Agendas are followed at the discretion of the Chair. While an item may be listed, it does not mean all items will be heard and/or acted upon by the Committee.]
THAT WHAT I'M UNDERSTANDING? NOT ALL THE TIME, BUT THERE ARE CERTAIN EXPENDITURES. YOU KNOW, THIS IS A THIS IS A NEW EXPENSE FOR ONE. THIS IS BRAND NEW TO US. WE ARE ESTIMATING WHAT THE AMOUNT IS GOING TO BE. WE'VE PLACED IT IN ONBE. IT ALL COMES FROM THE SAME PLACE. SO WE'VE PLACED IT IN OMB. WE ARE GOING TO BE MANAGING THE PAYMENT OF THE INVOICES. EMS WILL BE MANAGING THE REVIEW OF THE DOCUMENTATION THAT COMES TO US. AND SO THIS YEAR WE'VE PLACED IT IN OMB BUDGET TO BE PAID OUT OF OUR BUDGET. WE HAVE A GENERAL ADJUSTMENTS ACCOUNT THAT, YOU KNOW, JUST LIKE WE HAVE A SALARY ADJUSTMENTS ACCOUNT. THAT'S WHERE WE OFTEN WILL PUT FUNDING 
          [01:45:01]
FOR THINGS LIKE SALARY INCREASES AND THINGS LIKE THAT, RATHER THAN PUTTING IT OUT IN THE BUDGET, OUT IN THE DEPARTMENTAL BUDGETS. WE PUT IT IN OMB. AND THIS WAS WE TREATED THIS SIMILARLY. SO. HOW IS THE 6 MILLION FUNDING TO REIMBURSE THE SUBURBAN FIRE? HOW IS THAT DECIDED? AND WHAT DOES IT LOOK LIKE FOR THE NEXT COUPLE OF YEARS? WELL, AGAIN WE IT'S AN ESTIMATE. YOU KNOW, WE HAVE NOT PAID ANY OF THAT JUST YET. WE ARE LOOKING AT RUN REPORTS TO DECIDE, YOU KNOW, TO DETERMINE WHAT WE THINK THE RUN VOLUME MAY BE INTO THE USD. AND WE'VE LOOKED HISTORICALLY BACK WORKING WITH EMS TO IDENTIFY WHAT WE THINK THAT VOLUME COULD BE, AND BASED THAT ON THE RATES THAT WERE ESTABLISHED IN THE CRS, TO SORT OF COME UP WITH AN ESTIMATE OF 6 MILLION, WE DON'T KNOW IF IT WILL BE MORE THAN THAT. IT COULD BE LESS THAN THAT. BUT THIS IS OUR FIRST YEAR. SO THAT'S WHAT WE'RE STARTING WITH GOING FORWARD. WE'LL BASE IT ON WHAT THE ACTIVITY ACTUALLY IS. YOU KNOW WE'LL CHEW IT UP. SO FOR FY 27 WE'LL PROBABLY HAVE A MUCH BETTER IDEA OF WHAT THAT AMOUNT NEEDS TO BE. OKAY. THANK YOU. 
          NO I THINK NO I FORGOT TO TAKE OUT I'M SORRY. ONE LAST JUST REAL QUICK FOR ME. WE WERE LOOKING AT LEASE INCOME FROM PARK. AT ONE POINT. IT WAS THE ORIGINAL BUDGET WAS 350,000. 
          REVISED TO 350. IN THIS BUDGET IS REDUCED TO ZERO. AND THE EXPLANATION IS THAT THE DECREASE IS DUE TO REALIGNMENT OF BUDGET TO REFLECT CREDIT TO ENERGY MANAGEMENT SYSTEM. YES. SO WE WERE COLLECTING THAT REVENUE AS A REVENUE SOURCE. AND WE I GUESS THERE WAS AN ACCOUNTING CHANGE. 
          SO NOW IT'S A CREDIT TO THAT PARTICULAR SPEND CATEGORY ON THE EXPENSE SIDE. SO INSTEAD OF IT BEING $2 MILLION IT'S NOW 1.7 AS THE EXPENSE OKAY. SO IT'S ALL IT NETS OUT. IT NETS OUT. INSTEAD OF CALLING IT REVENUE YOU'RE JUST REDUCING EXPENSES. THAT'S RIGHT OKAY. GREAT. ANY QUESTIONS FROM COLLEAGUES. WE ARE A FEW MINUTES OVER. IT'S BUT WE CAN CALL IT WE DONE GOOD. I'M WITHOUT OBJECTION. WE'RE ADJOURNED. AND LET'S ALL SEND COUNCILMAN WINKLER OFF TO A HAPPY BIRTHDAY PARTY. LET'S GET OUT OF HERE.
* This transcript was compiled from uncorrected Closed Captioning.