N.1. 20-1886 DISCUSSION AND POSSIBLE ACTION REGARDING APPROVAL OF A SUCCESSOR MEMORANDUM OF UNDERSTANDING WITH THE REDONDO BEACH PROFESSIONAL AND SUPERVISORY ASSOCIATION FROM JANUARY 1, 2021 THROUGH DECEMBER 31, 2023
ADOPT BY TITLE ONLY RESOLUTION NO. CC-2101-004, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, ADOPTING A MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF REDONDO BEACH AND THE REDONDO BEACH PROFESSIONAL AND SUPERVISORY ASSOCIATION FROM JANUARY 1, 2021 THROUGH DECEMBER 31, 2023;
ADOPT BY 4/5 VOTE AND BY TITLE ONLY RESOLUTION NO. CC-2101-005, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, APPROPRIATING $60,259 FROM THE UNASSIGNED GENERAL FUND BALANCE FOR THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF REDONDO BEACH AND THE REDONDO BEACH PROFESSIONAL AND SUPERVISORY ASSOCIATION
Budgets across the country are strained. Residents across Redondo are in financial difficulty. We don't have the complete picture of how covid will impact many city revenue streams such as T.O.T. revenues. CALPERS is resetting their numbers and our contributions will rise. Manhattan Beach is moving forward with Pension Revenue Bonds and we have no plan to deal with increasing PERS costs. Until we know the new four year CALPERS numbers and have a better handle on revenue streams we should wait on employee raises
Budgets across the country are strained. Residents across Redondo are in financial difficulty. We don't have the complete picture of how covid will impact many city revenue streams such as T.O.T. revenues. CALPERS is resetting their numbers and our contributions will rise. Manhattan Beach is moving forward with Pension Revenue Bonds and we have no plan to deal with increasing PERS costs. Until we know the new four year CALPERS numbers and have a better handle on revenue streams we should wait on employee raises