Measure U Oversight Committee

CITY OF PETALUMA, CALIFORNIA MEETING OF THE MEASURE U OVERSIGHT COMMITTEE City Hall Council Chambers 11 English Street Petaluma, CA 94952 MINUTES Thursday, April 17, 2025 CALL TO ORDER ROLL CALL PRESENT: Kerry Davison, Leland Fishman, Scott Fishman, Rosemary Hart ABSENT: Tyler Sturm GENERAL PUBLIC COMMENT During General Public Comment, the public is invited to make comments on items of public interest that are within the Committee’s subject matter jurisdiction and that are not listed on the current agenda. Public comments are limited up to three minutes per person. Depending on the number of persons wishing to address the Committee, time will be allocated in equal shares totaling no more than fifteen minutes, subject to the Committee’s discretion (Cal. Gov’t Code §54954.3(a)). -Chair Fishman asked if there were any public comments received for this meeting. None were received. -General Public Comment was opened. Seeing no other members of the public in Chambers, General Public Comment was closed. PRESENTATIONS -None APPROVAL OF MINUTES 1. Approval of Minutes for the meeting of May 14, 2024 (carried over from the 1/29/25 meeting) 051424 DRAFT - Measure U Minutes.pdf -The Committee was reminded that the May 14, 2024 minutes were included on the 1/29/25 agenda to be approved but committee member absences/resignations between

the 2024 and 2025 meeting dates didn’t allow for enough eligible voting committee members to formally approve the minutes. It was recommended by staff that they be released but remain in ‘draft’ status. 2. Approval of Minutes for the meeting of January 29, 2025 012925 DRAFT - Measure U Minutes.pdf -Chair Fishman asked for a Motion to Approval the minutes from the 1/29/25 meeting. -A Motion to Approve was made by Committee Member Hart, seconded by Committee Member Davison (& S. Fishman). No follow-up discussion. -The Meeting Minutes for 1/29/25 were approved. PUBLIC HEARINGS AND MATTERS FOR CONSIDERATION 3. Measure U Oversight Committee Approval of Biannual Report for Fiscal Year Ended June 30, 2024 041725-Staff Report.pdf ATCH 1 - Measure U FY 2023-24 Report (1).pdf -Finance Director Gooch & Assistant Finance Director Garberolio presented the FY 2023- 24 report. -Committee Member Hart inquired about road funds and if those funds were reduced. Measure U pays for the bonds, and the bonds pay for the roads. All current road funds are projected out for the next 5-6 years. Staff states the City has made great headway thanks to these funds. Anything more would need extra funding. -Committee Member Hart also inquired about the downtown restrooms. Staff provided an update on that vendor and product. Current building code compliance changes are occurring. Funding is secure for that project (~800k). -Committee Member Davison asked about library improvements, technology upgrades & sidewalk improvements. -With no further questions, Chair Fishman asked for a Motion to Approve the report. -A Motion to Approve was made by Committee Member Davison, seconded by Committee Member Hart. Motion passes 4-0-1. 4. Fiscal Year 2024-25 Mid-Year Update and Fiscal Year 2025-26 Preliminary Budget Report 041725-Boards Commissions Report-Item 4.pdf Measure U MidYear FY 25 and FY26 Prelim Budget Report-Item 4.pdf -No action needed on this item. Provided as information only and looped into the Item 3 report. 5. Approve Transmittal Letter to City Council 041725-Staff Report Measure U Letter-Item 5.pdf ATCH 1 - Draft Transmittal Letter to City Council-Item 5.pdf

-Per the conversation at the previous meeting, Staff drafted a letter that expressed the committee’s concerns. Committee Member Hart also provided a draft letter and presented that to staff prior to this meeting. Both versions were shared at this meeting and the slight differences were discussed. -Roundtable discussion by all occurred, to include discussion about Measure H (a public safety funding measure), General Fund reserves (all operating funds maintain reserves), what the public thinks Measure U money was or should have been used for, and what has been accomplished through Measure U funds. -Why will PERS be reduced in 2032? Asst. Finance Director provided an explanation (this affects all PERS-involved cities) and stated how the City’s financial plan reflects that anticipated reduction. -Chair Fishman asked if there were any substantial differences between the two transmittal letters? Staff discussed this issue (i.e., one is more specific w/figures than the other; one asks for 25% reserve each year vs. 20%). Chair recalled conversations about bond purchases and road repairs in past year’s meetings. -Chair Fishman feels it’s the committee’s job to oversee how and where Measure U funds are spent and where the City is trending. He feels as a group they are supportive, but conscientious of being watchful and remaining transparent to the public. -Committee Members Fishman and Davison shared both their support of City spending and Council decisions and concern over present and future funding (i.e., pension deficit, add’l staffing). -Chair Fishman is hearing that the Committee is saying they’d like to see the 25% reserve figure listed in the letter and more of Measure U funding assigned to projects. He feels they must stay within the purview of the purpose of this Committee. He supports the City’s version of the letter and leaves it up to Council to make the appropriate budget decisions. -The distribution of this letter and full report will go to Council and get posted to the website. A mention of the uploading will be included in the next community email blast that goes to ~22k subscribers w/a link to the report/letter. The pie charts will be included in the report. --It will not be necessary to mention Measure H in the reporting, which is for new costs and fire safety enhancements, not for existing services. -Chair Fishman asked for a Motion from the Committee to authorize Staff to submit the transmittal letter to Council with the change to 25% reserves (not 20%). -A Motion to Approve was made by Committee Member Fishman, seconded by Committee Member Davison. Motion passes 4-0-1. -City Council will receive the letter and report very shortly. Staff recommended that anyone from the committee could come to either of the upcoming 5/5 or 5/12 Council meetings and provide public comment about this item. Those meetings have budget presentations on the agenda. COMMITTEE COMMENT -None. STAFF COMMENT -None. ADJOURNMENT -Adjourned @ 6:20pm.