Call to Order 00:00:50

Public Participation 00:02:06

Approval of Minutes 00:02:24

Affordable Housing Rents 00:03:45

Upon request of SEB Housing, a referral to the Finance Subcommittee regarding an increase to affordable housing rental rates for Bancroft Lofts, Mill Creek and Union House apartments.

CDBG Funding 00:19:15

Upon request of the Community Development Department, a referral to the Finance Subcommittee the matter regarding acceptance of FY25 CDBG (Community Development Block Grant) Federal Funding Allocation.

Opioid Settlement Revenue 00:30:06

Upon request of the Chief Financial Officer, a referral to the Finance Subcommittee a request to rescind the Opioid Settlement revenue as a funding source into the Stabilization Fund.

Dennison Park Stabilization Fund 00:37:42

Upon request of the Chief Financial Officer, a referral to the Finance Subcommittee the establishment of a Special Purpose Stabilization Fund for revenue received from Avery Dennison per the remediation agreement for the Dennison Park Improvements Project; and appropriation of said funds to the project.

Appropriation of Free Cash 00:43:47

Upon request of the Chief Financial Officer, a referral to the Finance Subcommittee a request for appropriation from Free Cash for shortfall in FY2024 budget line items for Debt Service.

Initial Discussion of FY25 Operating & Enterprise Budgets 00:45:46