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February 25, 2009 > Fremont City Council

Fremont City Council

February 17, 2009


Work Session

Fiscal Year 2008/09 mid-year budget review:
Budget Manager Catherine Chevalier and Finance Director Harriet Commons led a discussion of the city's fiscal condition and budget projections. Property tax and sales tax revenue is declining. The Budget Uncertainty Reserve will be depleted in 2009/10 fiscal year. Budget balancing strategies include suspending fund transfers to Capital Improvement Program, One time fund use by reducing reserve policy from 15 percent to 12.5 percent and reduction of ongoing expenditures. Service impacts are unavoidable. Recommendations for FY 2009/10 Budget scheduled for May 19, 2009.

Council meeting

Acquisition of 14.02 acres for a public park was approved. Funds for this $2.5 million purchase are from designated Park Dedication Funds strictly limited for that purpose. The property located near Sabercat Road and Sabercat Place is rich in fossil resources and may also be used as a Fremont link to the Bay Area Ridge Trail.

Mayor Bob Wasserman Yes
Vice Mayor Anu Natarajan Yes
Bob Wieckowski Yes
Bill Harrison Yes
Suzanne Lee Chan Yes


Mayor's referral of Lisa Quan to Planning Commission

Mayor Bob Wasserman Yes
Vice Mayor Anu Natarajan Yes
Bob Wieckowski No
Bill Harrison Yes
Suzanne Lee Chan Yes

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