[00:00:49]
          >> MAYOR JONES: GOOD AFTERNOON, THE TIME IS NOW 1:06 P.M. ON WEDNESDAY, SEPTEMBER 2ND, 2026 AND THE CITY OF SAN ANTONIO BUDGET WORK SESSION IS CALLED TO ORDER. 
          PLEASE CALL ROLL. >> 
          >> MAYOR JONES: GREAT, THANK YOU, MADAM CLERK. SO TODAY WE'LL REVIEW THE DEBT MANAGEMENT PLAN, PROPOSED BOND PROGRAM UPDATE, CAPITAL DELIVERY, DEPARTMENT AND BUDGET, 
          AND ERIK OVER TO YOU. >> SO WE'LL START OFF WITH THE DEBT, AND THEN TRANSITION TO 
          MIKE SHANNON AND WRAP UP WITH ART. >> TROY ELLIOTT. 
          THE CHIEF FINANCIAL OFFICER. I I WOULD LIKE TO FIRST START WITH WHAT IS A DEBT MANAGEMENT PLAN? AT A HIGH LEVEL, THE DEBT MANAGEMENT PLAN GOVERNS HOW WE MANAGE OUR DEBT AND HOW MUCH DEBT WE CURRENTLY HAVE AND HOW MUCH CAN WE BORROW. 
          AND HOW WE'RE GOING TO PAY FOR THAT DEBT. AND THEN ALSO WE'RE GOING TO MANAGE THAT OVER TIME. I THINK THAT AS WE GO THROUGH THE DEBT MANAGEMENT PLAN A LOT OF THESE SLIDES WILL FEEL VERY FAMILIAR TO YOU ALL AND WE SAW THEM IN JANUARY. 
          GOING THROUGH THE BASIC BUILDING PLAN OF WHAT A DEBT MANAGEMENT PLAN, AND HOW WE COME UP WITH OUR CAPACITY NUMBERS AND THINGS OF THAT NATURE. FIRST OF ALL, WE TALK ABOUT THE BASIC BUILDING BLOCKS OF A DEBT MANAGEMENT PLAN AND WHAT TYPE OF DEBT DO WE ISSUE. 
          AND WE TALKED ABOUT THESE LATELY, THE OBLIGATION BONDS TO SUPPORT THE BOND PROGRAM. 
          THESE ARE VOTER AUTHORIZED AND BACKED BY PROPERTY TAXES AND THE FULL FAITH AND CREDIT OF THE CITY OF SAN ANTONIO. WE ALSO THAT ARE AD VALOREM WE HAVE OUR CERTIFICATES OF OBLIGATION AND TACK NOTES. AND THE CERTIFICATES OF OBLIGATIONS ARE NOT VOTER APPROVED, AND THEY TYPICALLY REQUIRE A 45-DAY NOTICE REQUIREMENT TO THE PUBLIC BEFORE WE CAN GO THROUGH AND ACTUALLY ISSUE THAT DEBT. THEY TYPICALLY HAVE MATURITIES 25 TO 30 YEARS. TAX NOTES HAVE A DIFFERENT TYPE OF TOOL THAT WE USE ON THE DEBT MANAGEMENT PLAN AND WE HAVE A SHORTER DURATION IN TERMS OF MATURITY AND BACKED BY PROPERTY TAXES AND NOT VOTER APPROVED AND THEY TYPICALLY HAVE UP TO A 7 YEAR MATURITY. 
          AND THE BONDS TO PAY, FOR EXAMPLE, FOR THE AIRPORT AND WE ISSUED OVER $800 MILLION IN AIRPORT BONDS AND THEY ARE BACKED BY THE AIRLINE REVENUES AND BY THE REVENUES GENERATED BY THE AIRPORT ITSELF. AND THEY ARE NOT VOTER APPROVED TYPICALLY AND THEY'RE BACKED BY THE OTHER REVENUE SOURCES AND WE'LL TALK ABOUT THOSE REVENUE BONDS THAT WE HAD ACTUALLY ISSUED AND WHAT WE HAVE OUTSTANDING. WHEN WE TALK ABOUT THE PRIMARY ASSUMPTIONS AND OPPONENTS OF DEBT MANAGEMENT PLAN, THERE ARE FIVE MAJOR PIECES OF OUR DEBT MANAGEMENT AND WE TALKED ABOUT OUR TARGETED DEBT SERVICE RATE OF 21 CENTS. 
          AND THAT DEBT SERVICE RATE OF 21 CENTS HAS BEEN IN PLACE SINCE 2004 AND LARGELY OUR DEBT CAPACITY IS A PART OF THAT TAX RATE AND ASCENDING VALUE GROWTH ON OUR TAXABLE VALUATIONS. 
          AND WE ALSO TALK ABOUT THE DURATION OF OUR DEBT. ONE OF THE BIG PRIMARY LEVERS THAT WE HAVE AS WE MANAGE OUR DIG PLAN IS HOW LONG DO WE ISSUE THAT DEBT. 
          WE TALK ABOUT IN TIMES WHEN WE HAVE DECREASING VALUES LIKE TODAY, WE MAY LENGTHEN THAT AVERAGE DEBT LIFE SO THAT WE CAN ACTUALLY GENERATE MORE CAPACITY. AND THEN VALUES THAT ARE INCREASES WE WILL SHORTEN THOSE, SO IT'S A MAJOR LEVER IN THE MANAGEMENT OF OUR DEBT MANAGEMENT PLAN. AND THEN LASTLY WE HAVE OUR INTEREST RATE OR CREDIT RATINGS, JUSTICE LIKE BUYING A HOUSE OR A CAR. THE BETTER YOUR CREDIT RATING THE LOWER COST THAT DEBT WILL BE. AND SINCE WE HAVE DEBT IN THE 25 TO 30-YEAR MATURITY RANGE IT MAKES QUITE A BIT OF DIFFERENCE OVER TIME IN TERMS OF THE HIGHER CREDIT RATINGS AND THE IMPACT ON THOSE INTEREST RATES. AS WE MANAGE THIS DEBT PLAN, AND 
          [00:05:04]
AS WE DO EVERYTHING FROM THE CITY PERSPECTIVE, WE HAVE MODERATE CONSERVATIVE PROJECTIONS, WITH THE HOPE TO ACTUALLY OUTPERFORM THOSE PROJECTIONS AS WE MOVE FORWARD. 
          AS WE TALKED ABOUT, UM, OUR OVERALL TAX RATE IS MADE UP OF TWO COMPONENTS. 
          THE PROPOSED PROPERTY TAX RATE, INCLUDING THE INCREMENT OF 56 CENTS THAT. 
          IS MADE UP OF TWO PIECES, OUR MAINTENANCE AND OPERATIONS, THE PROPOSED 35 CENTS TO BE SPECIFIC,.3518. AND THEN OUR DEBT UP TO 20 CENTS. 
          IT'S ABOUT 38% OF OUR RATE AND THE BALANCE IN THE MAINTENANCE AND OPERATIONS. 
          ONE THING THAT DISTINGUISHES OUR AD VALOREM DEBT FROM THE OTHER COMPONENTS OF DEBT IS UNDER STATE STATUTE OUR TAX RATE HAS TO BE SUFFICIENT TO COVER THE MINIMUM DOLLAR AMOUNT TO BE EXPENDED FOR THAT DEBT SERVICE FOR THAT CURRENT YEAR. SO WHATEVER WE PAY IN DEBT WE HAVE TO MAKE SURE THAT TAX RATE IS SUFFICIENT ENOUGH TO PRODUCE THE AMOUNT OF REVENUE, TO BE ABLE TO COVER THAT DEBT. UNLIKE OUR REVENUE BOND, GENERAL OBLIGATION BONDS AND CERTIFICATES OF OBLIGATIONS AND TAX NOTES, TYPICALLY THEY WILL NOT HAVE RESERVE BALANCES BECAUSE WE'RE BACKED BY THE FULL FAITH AND CREDIT OF THE CITY OF SAN TAP. 
          AND OUR AD VALOREM PROPERTY TAXES. WHAT THAT MEANS AND WE WILL TALK ABOUT A BIT MORE IN THE EVENT THAT THE 21 CENTS GENERATES ADDITIONAL REVENUE AND WE PUT THAT BACK INTO CAPACITY TO THE EXTENT THAT WE ARE SHORT ON THE AMOUNT OF REVENUE THAT IS PRODUCED ON THAT 21-CENT TAX RATE AND WE CANNOT COVER OUR DEBT, THEN WE'D BE FORCED TO ACTUALLY INCREASE OUR DEBT SERVICE TAX RATE SO WE DO NOT DEFAULT ON ANY PAYMENTS. 
          ONE THING THAT IS UNIQUE ABOUT OUR DEBT SERVICE TAX RATE IS THAT KIND OF AS WE LOOK AT THE MAINTENANCE AND THE OPERATION SIDE, AS WE CALL THE MAINTENANCE AND OPERATION SIDE WE HAVE STATUTORY LIMITS AS FAR AS HOW MUCH WE CAN GROW IN VALUE. THAT STATE-ALLOWED REVENUE GROWTH IS CAPPED AT 3.85%, SO IN THE EVENT ON THE MAINTENANCE AND OPERATION SIDE YOU HAVE THAT VALUE GROWTH THAT REDUCES OUR TAX RATE. AND THE DEBT SERVICE TAX RATE DOESN'T HAVE THE SAME TYPE OF PARAMETERS THAT IT HAS TO OPERATE IN, THERE'S NOT A STATUTORY CAP. AND UNDER CURRENT STATE STATUTE, IF YOU HAVE GROWTH THAT IS ABOVE AND BEYOND 6%, 12%, AND THAT VALUE IS CAPTURED UNDER THAT PLAN. 
          AT THAT STABLE TAX RATE. SO YOU DON'T HAVE THE SAME TYPE OF LIMITATIONS. 
          THAT IS SIGNIFICANT BECAUSE WHEN THERE'S A RECOVERY IN THE ECONOMY OUR DEBT SERVICE SIDE RECOVERS MUCH QUICKER THAN OUR MAINTENANCE AND OPERATIONAL SIDE. 
          THERE ARE CAPS IN TERMS OF THE RATE AND HOW MUCH DEBT WE CAN ACTUALLY ISSUE. 
          AND SO IN TERMS OF THE ABILITY -- THE CITY COUNCIL HAS TO DO THE TAX RATE AND CANNOT EXCEED 10% OF OUR VALUATION AND OUR ASSESSED TOTAL IS ABOUT $217 MILLION. 
          SO OUR CEIL IS $24.4 BILLION AND WE'RE NOWHERE NEAR THAT CEILING AND WE HAVE $2.9 BILLION OR 1.36% OF OUR ASSESSED TOTAL VALUATION. AND WITH THE TAXES LEVIED FOR DEBT THEY MUST NOT EXCEED $1.50 PER TBL 100 DOLLARS OF TAX VAWLZ. 
          AND OUR RATE IS 21 CENTS SO WE'RE NOWHERE NEAR THE CAPS ESTABLISHED UNDER STATE LAW AND OUR CITY CHARTER. AND AS I MENTIONED ONE OF THOSE MAJOR COMPONENTS IS OUR BOND RATINGS. THESE ARE THE SCALES AT WHICH MOODY'S, S&P AND FITCH ALL RATE OUR DEBT AND OTHER MUNICIPALITIES' DEBT AS WELL. WE TEND ON OUR AD VALOREM SIDE WE OPERATE PRIMARILY IN THE PRIME RATINGS. WHICH AS I MENTIONED GIVES US NAME RECOGNITION IN THE MARKET AND ALLOWS US TO ISSUE OUR DEBT TO THE LOWEST COST TO BORROWING. 
          WE ALSO HAVE HIGH GRADE AND THEN WE HAVE SOME IN THE UPPER MEDIUM GRADE. 
          TYPICALLY BY DEFAULT SOME OF OUR ISSUANCES OPERATE AT ONE NOTCH BELOW OUR HIDE GRADE ISSUANCES JUST BY DEFAULT. WE DO HAVE THE OPPORTUNITY TO MEET WITH AGENTS ON AN ONGOING BASIS AND WE MET WITH THEM PRIOR TO THE ISSUANCE OF THE AVIATION ISSUANCE. 
          AND WE ALSO HAD AN OPPORTUNITY RECENTLY TO MEET WITH THEM IN ADVANCE OF OUR G.O., C.O. AND TAX ISSUANCES THAT WE DID LAST WEEK. WITH THAT CONVERSATION, WITH THE RATING AGENCIES, WE CONTINUE TO MAINTAIN THOSE TOP TIER RATINGS. TYPICALLY AS THE CITY OF SAN ANTONIO WHEN COMPARED TO ALL OF OUR OTHER LARGE CITIES POPULATIONS OF $1.5 MILLION OR MORE, WE HAVE THE HIGHEST CREDIT RATING AMONG ALL OF THOSE MAJOR CITIES. 
          TYPICALLY THE RATING AGENCIES KIND OF CROSS ALL THREE OF THEM AND THEY NOTED BASICALLY THE COUPLE AND OUR ABILITY OF STAFF TO MANAGE OUR BUDGET THROUGH THAT POSITIVE BUDGETARY PERFORMANCE AND STRATEGIC MEASURES TO MAINTAIN OUR FINANCIAL STABILITY. 
          WHILE EMBEDDED POLICIES AND PRACTICES THROUGH THE ADOPTION OF THE POLICIES THIS COUNCIL HAS 
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THROUGH GOAL SETTING AND THROUGH THE BUDGET. AND THEN YOU HAVE THE SOPHISTICATED AND EXPERIENCED MANAGEMENT TEAM, AND HOW WE MANAGE OUR MONTHLY MONITORING, MULTI-YEAR BUDGETING, AND OUR FIVE-YEAR FORECAST. AND WE ALSO MAINTAIN BETTER CREDIT CHARACTERISTICS THAN THE U.S. IN A STRESS SCENARIO COMPARED TO OTHER CITIES. 
          SO WHAT THAT TRANSLATES INTO OUR CURRENT DEBT RATINGS FOR ALL OF OUR DIFFERENT ISSUANCES AND WE GO THROUGH SOME OF THESE MORE IN DEPTH WITH THE BALANCES OUTSTANDING, OUR AD VALOREM DEBT RATE IS AT THE PRIME LEVEL FOR MOODY'S AND S&P AT TRIPLE CREDIT. 
          AND FOR FITCH WE HAVE A DOUBLE A PLUS AND THESE ARE ALL STABLE OUTLOOK ACROSS ALL THREE. 
          AND THEN YOU CAN SEE THE OTHER CREDIT RATINGS, UM, AND WHERE THEY OPERATE IN TERMS OF THEIR ISSUANCES IN TERMS OF UPPER GRADE OR HIGH GRADE CREDIT STRENGTH. 
          ONE THING THAT IS A VALUE AS WE LOOK AT OTHER ISSUANCES AT AND ABOVE OUR GENERAL OBLIGATIONS, OUR AD VALOREM PROPERTY TAX RATING ACTUALLY PERMEATES AND ASSISTS WITH ALL OF THE ISSUANCES OF OUR OTHER DEBT THAT WE DO, SUCH AS THE AIRPORT. AND AS I MENTIONED, COUNCIL APPROVED US GOING FORWARD INTO THE MARKET WITH OUR GENERAL OBLIGATIONS AND TAX NOTES ISSUANCE AND THIS SUPPORTS OUR CURRENT 2022 BOND PROGRAM. AND OUR CIP AND WE ISSUED $385.5 MILLION IN REFUNDING BONDS $141.2 MILLION IN CERTIFICATES OF OBLIGATIONS AND THEIR 7.6 MILLION IN TAX NOTES FOR A TOTAL OF $534.6 MILLION. SOMETIMES YOU ARE JUST LUCKY WHEN YOU ENTER THE MARKET. LAST WEEK WE WERE IN THE MARKET AND THE TREASURIES WERE WITH US AND IF YOU LOOK THIS WEEK, TREASURIES ARE INCREASING. AND SO SOMETIMES IT'S THE FUNCTION OF THE MARKET, BUT ONE THING THAT IS COMMON THAT WE HEAR CONSISTENTLY FROM OUR INVESTORS BASED ON OUR CREDIT RATINGS AND BASED ON THE CITY OF SAN ANTONIO NAME, WHEN IT COMES TO US EPS US WITH THE STRUCTURE AND HELPS US GETTING OUR DEBT SOLD. 
          FOR EXAMPLE, WITH THE LAST,ANCE WE HA OVER $2 BILLION IN ORDERS GENERATED BY 79 INSTITUTIONAL INVESTORS. 60 OF THOSE WERE NEW INVESTORS INTERESTED IN OUR BONDS AND WE ISSUE THOSE THROUGH MORGAN STANLEY AND AN ENTIRE SYNDICATE. THAT WE HAD FOUR TIMES OVER SUBSCRIBED FOR EACH ONE OF OUR MATURITIES. WHAT THAT MEANS UNDER OUR NEGOTIATED SELL WE HAD THE ABILITY TO SIT DOWN WITH THE UNDERWRITER WHO NEGOTIATES WITH THOSE INVESTORS TO GO THROUGH AND TO LOOK ON A MATURITY-TO-MATURITY BASIS WHERE WE CAN NEGOTIATE LOWER PRICING OR, UM, REDUCE THOSE IN TERMS OF BASIS POINTS TO GET A BETTER PRICE FOR OUR DEBT. IN THE AMOUNT THAT WE WILL BE PAYING IN FUTURE DEBT SERVICE. 
          WE HAD REFUNDING BONDS OF $95 MILLION TO GENERATE $2.3 MILLION IN SAVINGS AND PRESENT DAY SAVINGS. WE HAD REFUNDING BONDS OF $84 MILLION TO TENDER $98 MILLION OF CURRENTLY OUTSTANDING BONDS. THIS IS SOMETHING THAT WE DID FOR THE FIRST TIME THIS YEAR. 
          AND WE ACTUALLY WENT OUT WITH A TENDER AND THE TENDER IS THE ABILITY FOR US TO GO OUT TO EXISTING BONDHOLDERS AND ASK THEM IF THEY'D LIKE TO SELL THOSE BONDS BACK TO US. 
          WE TAKE THOSE -- IF THEY ARE INTERESTED IN SELLING THOSE BONDS BACK TO US, WE PURCHASE THOSE. AND THEN WE WILL BASICALLY REFUND OR REISSUE DEBT AT A DIFFERENT PRICE THAT DELTA GENERATES SAVINGS FOR US. WITH THAT TRANSACTION WE HAD $3.5 MILLION IN SAVINGS AND PRESENT VALUE SAVINGS, SO THE OVERALL SAVINGS OTHER EITHER THROUGH REFUNDING AND THE TENDER, WE WERE ABLE TO TURN THAT BACK INTO OUR DEBT PLAN AND THAT HELPS TO GENERATE ADDITIONAL CAPACITY. THESE AMOUNTS ARE GENERATED INTO THE CAPACITY NUMBERS THAT YOU SEE TODAY BECAUSE WE. 
          IN OUR MAJOR ASSUMPTIONS. OVERALL INTEREST RATES ACROSS ALL OF THE ISSUANCES, 4.4%. 
          EXCUSE ME. IN TERMS OF OUR CURRENT OUTSTANDING DEBT, AND THIS INCLUDES THE MOST RECENT TRANSACTION LAST WEEK AND THE DEBT ISSUANCE A MONTH AGO, FOR OUR GENERAL OBLIGATION CERTIFICATES OF OBLIGATION AND TAX NOTES, $2.7 MILLION OUTSTANDING WITH AN INTEREST RATE OF 3.11%, WITH THE SHORT AVERAGE LIFE OF 7.9% THAT. 
          AVERAGE LIFE IS SIGNIFICANT BECAUSE IT MEANS THAT WE'RE PAYING OFF OUR DEBT QUICKLY AND WE'RE NOT LEVERAGING THE FUTURE YEARS OF THE CITY IN TERMS, UM, THE AMOUNT OF DEBT THAT'S OUTSTANDING. IF YOU BREAK THAT DOWN BETWEEN THE DIFFERENT COMPONENTS OR GOCO AND TAX NOTES, $1.8 MILLION IN GO AND $61 MILLION IN TRAKS NOTES. 
          GOING THROUGH THEM QUICKLY WE HAD TOTAL $4.4 BILLION OUTSTANDING. 
          THAT CONSISTS OF OUR LEASE REVENUE BONDS FOR CONVENTION CENTER EXPANSION AND OUR AIRPORT DEBT, THE STORMWATER REVENUE BONDS THAT WE TALKED ABOUT PREVIOUSLY WITH YOU. 
          AND THERE'S ABOUT $18.9 MILLION OUTSTANDING ON THAT. $1.7 IN LIFE AND THEN WE HAVE OUR CONTRACT BONDS FOR STAR BREIT AND THEN WE HAVE OUR MUNICIPALITY FACILITIES 
          [00:15:03]
CORPORATIONS THROUGH BROOKS CITY TOWER AND AQUIFER FOR 4.4. SO OVER TIMES, YOU CAN KIND OF SEE HOW OUR BOND AUTHORIZATIONS HAVE INCREASED OVER TIME, GOING BACK TO 1994. 
          AND I THINK THAT THE ONE THING THAT IS SIGNIFICANT ABOUT THIS SLIDE IS THAT YOU LOOK BETWEEN 2003 AND 2007 AND 2004, OUR 21 CENT DEBT SERVICE TAX RATE WAS PUT IN PLACE AND HASN'T CHANGED SINCE THAT POINT IN TIME. WITH THAT STABLE TAX RATE, WITH THE INCREASE IN VALUES, WE WERE ABLE TO LEVERAGE AND INCREASE OUR BOND PROGRAMS STARTING IN 2007, AND ABOUT $555 MILLION, ALL THE WAY THROUGH 2022 OF $1.2 BILLION. AND ALSO IN ADDITION BETWEEN. 
          OUR CAPACITY, FOR EXAMPLE, THE $1.2 BILLION FOR 2022, AND AS I MENTIONED WE ALWAYS HAVE THAT MODERATELY CONSERVATIVE ASSUMPTIONS TO THE EXTENT THAT WE ALWAYS WANT TO OUTPERFORM WHAT IS AVAILABLE IN TERMS OF CAPACITY. WE TAKE THAT ADDITIONAL CAPACITY BETWEEN THE MAJOR AUTHORIZATIONS AND WE WILL ISSUE C.O.S OR TAX NOTES FOR OTHER NEEDS IN TERMS OF THE CITY AND IN TERMS OF FACILITIES, STREETS, TO FILL IN THE GAPS BETWEEN THE TWO MAJOR BOND PROGRAMS. THAT ALLOWS US TO MAINTAIN THAT STABLE TAX RATE. 
          LAST TIME WE MET WITH YOU IN JANUARY, WE CAME FORWARD AND BASED ON OUR CURRENT ASSUMPTIONS AND DEBT MANAGEMENT PLAN, BASED ON THE CURRENT TAXABLE VALUES THAT WE WERE ESTIMATING AT THE TIME. AT THIS POINT IN TIME WE DID NOT HAVE THE CERTIFIED ROLL AND WE DID NOT HAVE OUR FORECAST BASICALLY, UM, ESTIMATED WHERE IT IS TODAY. 
          WE ESTIMATED A CAPACITY OF $625 MILLION FOR THE 2026 -- OR 2027 BOND PROGRAM. 
          AND WE PRESENTED TWO ALTERNATIVES, WHAT IT WOULD TAKE TO GET TO A BILLION DOLLARS AND TO GET TO $1.2 BILLION AND WE'LL SHOW YOU THE SAME SCENARIOS TODAY IN TERMS WHERE WE ARE AND THE EXISTING CAPACITY, AND COMPARE TO THAT 625, AND ALSO WHAT IT WOULD TAKE TO GET TO A BILLION AND $1.2 BILLION PROGRAM. THIS SLIDE IS SIMILAR TO WHAT YOU HAVE SEEN IN THE PAST, AND WE TALKED ABOUT OUR FIXED DEBT SERVICE TAX RATE. 
          THERE IS AN OPPORTUNITY IF COUNCIL WOULD LIKE TO MOVE AWAY FROM THAT FIXED DEBT SERVICE TAX RATE HISTORICAL STRATEGY. AND WE COULD BASICALLY ENTER INTO A LARGER BOND PROGRAM. 
          AND THAT LARGER BOND PROGRAM THOUGH WOULD REQUIRE US TO BE MORE FLEXIBLE IN TERMS OF WHAT OUR DEBT SERVICE TAX RATE IS. AND. 
          THAT VALUE IS INCREASING AND THAT WOULD IMPACT THE TAX DEBT RATE OR THE LEVEL OF THAT TAX DEBT RATE. AND IF THE VALUES STAY PURSUANT TO OUR FORECAST IT WOULD REQUIRE AN INCREASE TO OUR DEBT SERVICE TAX RATE. BUT THAT IS LARGELY DEPENDENT ON HOW TAXABLE VALUES CONTINUE OR PERFORM IN THE FUTURE, OF HOW THAT ULTIMATE DEBT SERVICE TAX RATE WOULD BE PROGRAMMED AND WHAT WE ASK COUNCIL TO ADOPT IF COUNCIL WANTED TO MOVE TOWARDS THIS STRATEGY. AND AS I MENTIONED BASED ON THE CURRENT FORECAST, THE BOND PROGRAM, COMPARABLE TO THE 2022 BOND PROGRAM IT WOULD REQUIRE AN INCREASE IN ORDER TO MEET THOSE BOND REPAYMENT OBLIGATIONS. AND AS I MENTIONED, IN THE EVENT THAT WE HAVE A STRENGTHENING IN THE ECONOMY, AND OUR PROPERTY VALUES START GROWING, AND THEN WE HAVE THE STRONGER THAN EXPECTED PROPERTY VALUE GROWTH WE COULD ALLOW FOR A LOWER DEBT TAX GROWTH RATE. 
          AND SO THIS APPROACH WOULD REQUIRE A FLEXIBLE TAX RATE. AND IT WOULD ALLOW US TO INVEST MORE IN OUR COMMUNITY. IF COUNCIL WANTS TO MOVE IN THAT DIRECTION. 
          AND I'LL SPEND THE NEXT COUPLE SLIDES GOING MORE IN DEPTH IN THOSE ITEMS. SO COMPARABLY, LOOKING AT OUR HISTORICAL APPROACH AND LOOKING AT 21-CENT TAX RATE, IF WE WANTED TO MAINTAIN THAT STABLE TAX RATE, UNDER THE ASSUMPTIONS AND THE BUILDING BLOCKS THAT I JUST SPOKE ABOUT, IT WOULD GENERATE $450 MILLION IN BONDING CAPACITY FOR THE 2027 BONDING PROGRAM AND FUTURE CAPITAL IMPROVEMENT PROGRAM. ADDITIONAL CAPACITY IN THE FUTURE YEARS WOULD BE USED IN THE EVENT THAT WE OUTPERFORM OUR PROJECTIONS AS I MENTIONED, AND ANY ADDITIONAL CAPACITY IN THE FUTURE YEARS BETWEEN THE BOND PROGRAMS WE COULD USE -- BETWEEN NOW AND THE NEXT BOND PROGRAM -- TO PUT IN PLACE IN TERMS OF CERTIFICATES OF OBLIGATIONS, OUR TAX NOTES, AND FOR ADDITIONAL NEEDS THAT MAY POP UP BETWEEN THESE MAJOR BOND PROGRAMS. SO BETWEEN THE 2027 AUTHORIZATION AND THE NEXT FIVE-YEAR AUTHORIZATION, IN BETWEEN THOSE TWO -- IF WE OUTPERFORM OUR PROJECTIONS AND VALUES GROW QUICKER THAN WE HOW THE AND WE MOVE FORWARD WITH THE $450 MILLION BOND AND ANY EXSSES CAPACITY WE WOULD PUT IN PLACE IN TAX NOTES AND CENTERS OF OBLIGATIONS AND MAINTAIN THAT 21-CENT TAX RATE. 
          ON THE FLIP SIDE THOUGH, IF OUR ESTIMATES ARE OFF, AND IF WE SEE A CONTINUED DECLINE IN TAXABLE VALUES MORE THAN WHAT WE HAVE EXPECTED IN OUR FORECAST, THEN IT MAY REQUIRE ADJUSTMENT TO THE 
          [00:20:01]
TAX RATE AND WE MAY BE FORCED TO ALSO TO INCREASE THE TAX RATE ABOVE THE 21 CENTS. 
          IF WE SAW A CONTINUED DEGRADATION OR CONTINUED DECLINE IN PROPERTY VALUES. 
          THAT EXPOSURE EXISTS TODAY AND IT CONTINUES INTO THE FUTURE. IN TERMS OF THE ALTERNATE APPROACH, JUST TO KIND OF GIVE YOU AN IDEA OF SOME FLEXIBILITY THAT YOU WOULD HAVE IF YOU WANTED TO MOVE IN SOMETHING OF EXCESS OF $450 MILLION AND THE FLEXIBILITY IN THAT TAX RATE WOULD BE REQUIRED, WE WOULD CONTINUE TO BE MODERATELY CONSERVATIVE IN OUR ASSUMPTIONS. 
          AND I WANT TO SHOW YOU KIND OF SOME SENSITIVITY ANALYSIS AT THE BOTTOM AND KIND OF GIVE YOU AN IDEA BETWEEN $450 MILLION AND A BILLION WHAT YOU COULD GENERATE IN THE EVENT THAT WE HAD A 1% INCREASE IN TAXABLE VALUABLES. 1% INCREASE IN TAXABLE VALUES ABOVE AND BEYOND OUR PROJECTIONS JEBERATES CAPACITY OF $165 MILLION ABOUT. AND SO FOR EVERY 1% INCREASE WE WOULD GENERATE $165 MILLION IN ADDITIONAL CAPACITY. IN THE EVENT THAT YOU WANTED TO INCREASE THE TAX RATE FOR EVERY ONE CENT INCREASE IN THE TAX RATE, THAT WOULD INCREASE IN CAPACITY ABOUT $300 MILLION. FOR EVERY ONE CENT INCREASE IN THE TAX RATE, FROM A BILL PERSPECTIVE, THAT WOULD BE ABOUT $1.93 PER MONTH ON OUR AVERAGE HOMESTEAD. 
          AND MIKE WILL GO MORE IN DEPTH ON THE TIMELINE FOR A DECISION ON THE BOND PROGRAM. 
          BUT WE WOULD HAVE TO KNOW THE APPROACH PRIOR TO MOVING THROUGH FEBRUARY 2026, PRIOR TO CALLING THE BOND ELECTION. IN THE EVENT THAT YOU WANTED TO MOVE ABOVE AND BEYOND THE $450 MILLION TO SOMEWHAT HIGHER CAPACITY, THEN THERE WOULD NEED TO BE ALIGNMENT WITH COUNCIL TO MAKE SURE THAT WE ARE GOING TO MOVE FORWARD MORE TO THAT FLEXIBLE TAX RATE AND THERE'S AN APPETITE TO ACTUALLY ADJUST THE TAX RATE AS NEEDED. THE BOND ELECTION WOULD BE IN MAY OF 2027. THE FIRST ISSUANCE OF THE 2027 BOND PROGRAM WOULD BE THE SUMMER OF 2027. WE WOULD HAVE OUR CERTIFIED ROLL BY THAT TIME AND WE CAN GIVE COUNCIL AN INDICATION WHERE WE THINK THAT IT'S MOVING IN TERMS OF VALUES. 
          BUT THEN WE'D BE REQUIRED TO ADOPT A DEBT SERVICE TAX RATE FOR FISCAL YEAR 2028 THROUGH THAT 2027 PROCESS, MOVING TOWARD THE 2028 BUDGET. THE OTHER THING THAT I WILL MENTION ABOUT THE SENSITIVITY, NOT ONLY IT WORKS IN THE POSITIVE BUT IT WORKS IN THE REVERSE. SO IN EVENT THAT YOU HAD A 1% DECREASE IN TAXABLE VALUES THAT WOULD BE YOUR REDUCTION IN CAPACITY AS WELL. IN THE TAX RATE. 
          I WANTED TO SHOW YOU THIS SLIDE, THIS BASICALLY GOES THROUGH KIND OF QUICKLY AS I MENTIONED THAT WE HAD A 21 CENT TAX RATE THROUGH 2004. AND YOU CAN KIND OF SEE BASED ON WHAT I'M TALKING ABOUT WHEN WE TALK ABOUT THAT THE DEBT SERVICE TAXABLE VALUES HAVE BEEN LARGELY UNCAPPED. SO FROM 2004 THROUGH 2026, ON AVERAGE WE HAD ABOUT 6% GROWTH IN OUR TAXABLE VALUATIONS. IT'S RANGED FROM AS LOW AS A NEGATIVE 2%, UP TO A HIGH OF 16% IN VALUE GROWTH. FOR ABOUT AN AVERAGE OF 6% OVER THAT TIME. 
          YOU CAN SEE THAT UPPER TREND ALL THE WAY THROUGH 2026 AND BASED ON OUR FORECAST AND THIS ALIGNS WITH WHAT CHRISTINE AND FREDDY HAVE SHARED IN THE OPERATING SIDE, WE'RE LOOKING AT 2027, THIS IS ONE OF OUR KEY ASSUMPTIONS THAT DRIVING THE BOND PROGRAM TODAY OR THE BOND CAPACITY ANALYSIS, ABOUT NEGATIVE 2.7% GROWTH FOR 2027, PRIMARILY IN OUR BASE VALUE. 
          FLAT FOR 2028. AND 2029, HALF PERCENT GROWTH. 2030, 2.5% GROWTH. 
          2031, 3% GROWTH. SO TO THE EXTENT THAT VALUES TURN AROUND QUICKER, THERE'S MORE CAPACITY. IN THE EVENT THEY DON'T WANT TO MOVE TO THAT FLEXIBLE TAX RATE. 
          I'LL KIND OF SHOW YOU TWO ASSUMPTIONS ON THE NEXT PAGE OR THE NEXT COUPLE SLIDES AS FAR AS WHAT THAT MEANS IN TERMS OF A BILLION AND $1.5 BILLION SCENARIOS. 
          THIS FIRST SCENARIO IS BASICALLY WHAT WE JUST TALKED ABOUT, TARGETING OUR $450 MILLION IN BONDING CAPACITY AND BASED ON OUR 21-CENT TAX RATE AND LOOKING AT OUR AVERAGE GROWTH OF 1.5% OVER THAT FORECAST PERIOD. AND THEN IN THE FUTURE, ASSUMES 3% TO 3.5% THROUGHOUT THE BALANCE OF OUR DEBT PLAN. AND LOOKING AT THE OTHER TWO SCENARIOS THE FIRST ONE IS THE $1.2 BILLION AND THESE SCENARIOS WOULD BE USING THAT VARIABLE DEBT SERVICE TAX RATE. 
          AND THE TAX RATE IS ON THE TAXABLE VALUE GROWTH. TO THE EXTENT THAT WE HAVE LARGE VALUE GROWTH IT INFLUENCES THE AMOUNT OF TAX RATE THAT WE NEED TO BE APPROVED TO BASICALLY TO SUPPORT THAT $1.2 BILLION PROGRAM. USING THAT SENSITIVITY ANALYSIS SO TO SPEAK ON THE PRIOR PAGE AT 1% OR WHAT ONE CENT DOES, SO USING 4.5% ANNUAL TAX GROWTH, BETWEEN 2028 AND 2031, OVER THE PERIOD OF OUR FORECAST, THAT WOULD NEED TO BE REQUIRED TO SUPPORT A $1.2 BILLION PROGRAM AND MAINTAIN A 21-CENT TAX RATE. 
          [00:25:03]
SO WE 4.5% OVER THE NEXT SEVERAL YEARS TO ISSUE A $1.2 BILLION BOND AND MAINTAIN OUR CURRENT TAX RATE. IF ACTUAL TAX RATES WOULD ADJUST BASED ON KIND OF THE REALIZATION OF WHAT OUR ACTUAL TAXABLE VALUES ARE COMING IN AT, IT WOULD TAKE ANYWHERE BETWEEN A PROJECTION OR A RANGE BETWEEN OUR CURRENT TAX RATE TODAY, APPROXIMATELY 24 CENTS. 
          THAT 24 CENTS WOULD BE IN ADDITION TO.8 CENTS OVERALL AND THAT WOULD EQUATE TO ABOUT $5.49 IN AN AVERAGE HOMESTEAD TAX BILL. SO ON THAT $1.2 BILLION, IN THE EVENT AND SUMMARY -- IN THE EVENT THAT YOU WANTED TO MOVE FORWARD WITH THIS FLEXIBLE TAX RATE YOU WOULD HAVE TO BASICALLY TO BE COMFORTABLE WITH THE ABILITY TO RAISE THE TAX RATE IN THE EVENT THAT VALUES DO NOT RECOVER AS FAST, TO THE EXTENT THAT THE VALUES RECOVER FASTER THAN WE ARE THINKING OR ANTICIPATING, THEN AS WE MOVE FORWARD THROUGH THE FUTURE TAX RATES WE'D HAVE THAT ABILITY TO FLEX THAT TAX RATE TO BASICALLY MEET WHATEVER WE NEED TO ISSUE AND SUPPORT THE $1.2 BILLION PROGRAM. OFF THE BAT, YOU KNOW, AS YOU SEE OUR FORECAST BASED ON THINGS THAT WE SEE TODAY AND AS WE MOVE INTO NEXT YEAR, OUR FORECAST SHOWS. 
          AWAY FROM BEXAR COUNTY APPRAISING VALUES COME JANUARY. I DON'T SEE A LOT OF MOVEMENT, SO THERE WOULD PROBABLY BE THE NEED TO FULLY RAISE THAT TAX RATE INITIALLY. 
          BUT OVER TIME, THE VALUES RECOVER, AND WE COULD REDUCE THAT TAX RATE, OR WE COULD SHORTEN OUR AMORTIZATIONS IN THE DEBT PLAN. SO SCENARIO THREE DOES THE SAME THING FOR A BILLION DOLLAR PROGRAM. TAKE 3.57% ANNUAL GROWTH OVER OUR FORECAST PERIOD TO MAINTAIN THAT CURRENT TAX RATE. AND CONVERSELY, THE ACTUAL TAX RATE THAT WOULD BE NEEDED BASED ON REALIZABLE TAX VALUES TO ABOUT 23 CENTS. 
          AND THAT 23 CENTS WOULD EQUATE TO $3.57 ON THE AVERAGE HOMESTEAD BILL. 
          SO IN SHORT, MAYOR, MEMBERS OF THE COUNCIL, THAT COVERS THE DEBT MANAGEMENT PLAN. 
          AND I'LL TURN IT OVER TO -- I THINK -- >> MAYOR JONES: CAN I -- JUST -- CAN YOU GO A COUPLE OF SLIDES BACK AND IT WAS BLANK ON OUR SLIDE DECK. 
          IT'S 300. OKAY, THANK YOU. THANK YOU. 
          >> NO PROBLEM. THANK YOU. I'LL TURN IT OVER TO MIKE. 
          >> THANKS. GOOD AFTERNOON, MAYOR AND COUNCIL. 
          I'M MIKE SHANNON BE ARE, THE DIRDIRECTOR OF THE CAPITAL DELIY DEPARTMENT. 
          AND I'LL TALK ABOUT THE NEXT BOND. LET'S SEE... ALL RIGHT. 
          SO A YEAR AGO OUR DEPARTMENT WAS CREATING THE CAPITAL DELIVERY DEPARTMENT, SO TO JUST RECAP -- WE WERE SPLIT FROM PUBLIC WORKS AND REALLY THE MAIN GOAL OR THE REASON FOR IT IS, LOOK, WE GET A LOT OF PROJECTS GOING ON. A LOT OF LARGE-SCALE CAPITAL PROJECTS THAT WE'VE HAD FOR YEARS. BUT THE PURPOSE OF OUR DEPARTMENT IS REALLY TO BE ABLE TO FOCUS ON DELIVERING THESE PROJECTS, REALLY MORE ON TIME, MORE WITHIN BUDGET, AND REALLY TO OVERCOMMUNICATE WITH STAKEHOLDERS -- WHETHER IT'S BUSINESS COMMUNITY AND NEIGHBORHOODS THROUGHOUT THAT PROCESS. SO THOSE HAVE BEEN THE THREE THEMES OF OUR DEPARTMENT AS WE -- WE STARTED LAST YEAR, WORKING WITH MY EXECUTIVE LEADERSHIP TEAM AND THE 188 STAFF MEMBERS THAT WE HAVE DAILY WORKING ON THESE PROJECTS. 
          AND THAT FOCUS. 
          THIS YEAR. SO WE'RE PROJECTED TO COMPLETE, IF YOU INCLUDE THE ONES -- THE 10 THAT ARE GOING TO COMPLETE THIS MONTH IN SEPTEMBER, 82 PROJECTS IN FISCAL YEAR 2026. 
          THAT WILL KEEP US WITH 153 PROJECTS REMAINING AND THOSE ARE OUR ACTIVE PROJECTS. 
          AND THOSE ARE A COMBINATION OF BOND PROJECTS -- WE HAVE A LOT IN THE 2022 BOND. 
          WE TALKED A LITTLE BIT ABOUT A FEW 2017 BOND PROJECTS THAT ARE STILL ONGOING. 
          SOME -- WE HAD TO KIND OF START OVER DUE TO SOME TXDOT CHANGES. 
          AND AGREEMENTS OF TURNING THOSE BACK. WE CAN TALK ABOUT THOSE A LITTLE BIT. AND THEN WE HAVE NON-BOND PROJECTS THAT ARE FUNDED THROUGH CAPITAL -- WHETHER IT BE ANNUAL, UM, BUDGETS AND FY 2023 OR 2024, WE HAVE ABOUT 45 OF THOSE. 
          AND THAT IS OUR MAIN FOCUS IS JUST TO CONTINUE TO DELIVER THOSE PROJECTS ON TIME, WITHIN BUDGET. AND ALSO TO PLAN FOR FUTURE BOND PROGRAMS. SO HERE'S SOME PERFORMANCE STRATEGIES AND WE KIND OF TALKED ABOUT THOSE AND WE DO SOME OF THESE LAST YEAR ABOUT THIS TIME. AND ACTUALLY I WANT TO TELL YOU WHAT WE HAVE DONE. 
          SO WE HAVE ACTUALLY RESTRUCTURED THE DEPARTMENT. SO WE TOOK A LOOK AT THE 188 FOLKS THAT CAME FROM PUBLIC WORKS THAT HAVE BEEN DELIVERING CAPITAL PROJECTS AND WE DID TWO MAJOR CHANGES. ONE, WE CREATED A SEPARATE VERTICAL PROJECT DIVISION. 
          [00:30:01]
VERTICAL PROJECTS ARE ALL OF THE BUILDINGS AND THE STRUCTURES THAT WE BUILD, WHETHER IT'S IN PARKS OR POLICE STATIONS OR FIRE STATIONS OR COMMUNITY CENTERS. WE HAVE A LOT OF THOSE THAT WE'RE WORKING ON. AND THOSE REPRESENT A UNIQUE CHALLENGE TO DELIVER BACK TO THE COMMUNITY, WHETHER IT'S NEW OR REHABBED. THEY WERE ALL WITHIN ONE DIVISION AND THEY WERE KIND OF MERGED IN WITH ALL OF OUR LARGE-SCALE HORIZONTAL STREETS AND DRAINAGE PROJECTS. BY SPLITTING THEM UP WE ADDED MORE FOCUS ON HORIZONTAL AND VERTICAL AND DELIVER WITH STAKEHOLDERS AND TO DELIVER FOR OUR CONSULTANTS AND CONTRACTORS. 
          AND WE THE CRADLE-TO-GRAVE CONCEPT. THIS IS SOMETHING THAT WE HEARD BEFORE THAT THE DEPARTMENT WAS CREATED. SO THE GROUP THAT CAME IN AND LOOKED AT SOME POSSIBLE IMPROVEMENTS. ONE OF THOSE WAS WHY AREN'T OUR PROJECT MANAGERS STARTING WITH THE PROJECT AND FINISHING WITH THE PROJECT? THERE'S A LOT OF DESIGN, PLANNING, STAKEHOLDER, NEIGHBORHOOD ENGAGEMENT AND BUSINESS ENGAGEMENT AT THE START-UP PROJECTS. AND RATHER THAN HANDING THAT OFF TO A NEW INSPECTION PROJECT MANAGER, IT MAY BE BETTER TO REALLY TO CRADLE-TO-GRAVE OVERSIGHT OF THAT. AND SO WE HAVE DONE THAT. WE KNOW THAT WILL BE BETTER, AND WE'RE ALREADY SEEING THAT. SO SOME OF THOSE IMPORTANT DESIGN STAKEHOLDER DECISIONS THAT WE'RE MAKING IN THE PLANNING STAGES WE HAVE TO EXECUTE TWO, THREE YEARS DOWN THE ROAD AS WE'RE DELIVERING IT. AND IN THE REAL WORLD, IF YOU WILL. 
          SO THAT -- THAT CHANGE IS ALREADY MAKING SOME PROGRESS. IMPROVE COMMUNICATION. 
          THIS WAS A HUGE ONE FOR US. WHEN WE STARTED LAST YEAR, WE WERE ALREADY NECK DEEP WITH SEVERAL LARGE-SCALE PROJECTS THAT HAD SOME CHALLENGES. A FEW OF THEM DOWNTOWN HERE. 
          AND WE HAD TO REALLY JUMP IN AND TO LOOK AT OUR COMMUNICATION. WE'VE HAD TO INCREASE -- NOT ONLY INCREASE, BUT TO IMPROVE OUR STAKEHOLDER MEETINGS -- LARGE AND SMALL. 
          OUR DIGITAL OUTREACH EFFORTS -- AND REALLY WITH A BUSINESS FOCUS. 
          I'LL USE THE EXAMPLES OF SOME OF THE DOWNTOWN PROJECTS WHETHER IT BE THE SOUTH ALAMO, AND WE HAD A LOT OF BUSINESS COMMUNITY MEMBERS THAT WERE ENGAGED. AND QUITE FRANKLY, FRUSTRATED WITH A LOT OF THE CONSTRUCTION AND HOW WE WERE GOING TO GET IT TO THE END. 
          SO WE WORKED ON SOME BUSINESS-FOCUSED STRATEGIES ON THE LAST SIX MONTHS OF THOSE PROJECTS,. WHETHER IT BE WORKING TO HELP THEM WITH GETTING PEOPLE TO THEIR FACILITIES, THROUGH THE CONSTRUCTION ZONES, AND HELPING THEM WITH ADVERTISING, ETC. 
          SO THAT WAS A REAL GOOD LEARNING CURVE FOR US. AND WE BUILT THAT INTO OUR NORMAL S.O.P.S NOW. AND WE CONTINUE TO GIVE REGULAR BOND UPDATES WHETHER TO YOU AS A BODY OR EVEN WORKING WITH THE PLANNING -- I'M SORRY -- THE TRANSPORTATION COMMITTEE. 
          AND UTILITY COORDINATION IS STILL A HIGH PRIORITY THING. SO IF WE'RE NOT COORDINATED WITH SAWS AND CPS AND ALL OF THAT UTILITY WORK, THAT HAS BEEN CRITICAL. 
          IF YOU REMEMBER BACK IN JANUARY WE EXECUTED OUR FIRST MAJOR PROJECT WHICH IS THE MARBAK DRAINAGE AND STREET BOND PROJECT. IT WAS CRITICAL BECAUSE IT WAS OUR FIRST LARGE-SCALE BOND PROJECT THAT WE EXECUTED WITH THE NEW M.O.U. THAT WE DID WITH SAWS. AND NOW SAWS AND THE CITY ARE WORKING TOGETHER ON EVERY STEP OF THE WAY -- DESIGN AND UTILITY COORDINATION DURING THE PROJECT. WE JUST CAN'T HAVE THOSE DELAYS, AND NOT WORKING TOGETHER. SO THAT IMPROVEMENT IS A CRITICAL PART OF WHAT WE DO. 
          AND SO MUCH SO THAT WE'RE ACTUALLY CURRENTLY IN DISCUSSIONS AND NEGOTIATIONS WITH CPS TO CREATE A SIMILAR M.O.U. AND AT SOME POINT WE'LL BRING THAT TO THE CITY MANAGER AND THE CITY COUNCIL. BUT IT'S THE SAME CONCEPT. WE NEED TO BE WORKING TOGETHER ON THESE LARGE-SCALE PROJECTS AND ALL OF THAT STUFF THAT IS UNDERNEATH THE STREET WHEN WE TEAR IT UP. WE NEED TO KNOW WHERE THAT IS AND THEN WE NEED TO FIX ISSUES QUICKLY TO GET THESE PROJECTS DONE. AND WE ARE DOING MORE SUB-SURFACE ENGINEERING AND THAT IS PUTTING MORE MONEY UPFRONT IN DESIGN AND FINDING OUT WHERE THOSE OLD UTILITIES ARE. AS POARKSED TO WAITING UNTIL WE RIP UP THE STREET AND COUNCILMAN, I KNOW THAT YOU ARE SMILING ON THAT ONE, BUT WE NEED TO CONTINUE TO DO MORE AND MORE OF THAT. AND WE CAN'T BE SURPRISED WHEN WE OPEN UP THE STREET BECAUSE THAT CAUSES REDESIGN AND THAT CAUSES CONTRACTORS TO JUST STAND AROUND AND WAITING FOR US TO FIX IT. SO WE NEED TO MINIMIZE THAT OPPORTUNITY. 
          SO WE'RE PUTTING MORE MONEY UPFRONT IN -- UNDER UTILITY ENGINEERING. 
          MONTHLY MEETINGS -- BOND AND UTILITY COORDINATION WITH OUR PARTNERS, UTILITY PARTNERS, IS CRITICAL. AND LASTLY, THE FOURTH ITEM THAT I PUT UP THERE IS, LOOK, WE'VE ADDED SOME THINGS TO HOW WE HAPPENEDLE AND WORK WITH OUR CONTRACTORS. 
          I SHOULD SAY THIS THAT WE HAVE A GREAT NUMBER OF CONTRACTORS THAT DO GREAT WORK FOR OUR CITY, WHETHER IT'S HORIZONTAL DRAINAGE AND STREET PROJECTS OR VERTICAL PROJECTS. 
          WE'VE ACTUALLY ADDED INCENTIVE PAY TO THE CONTRACTS. YOU HAVE SEEN THEM, A LOT OF THE CONTRACTS THAT HAVE COME YOUR WAY SINCE JANUARY INCLUDE INCENTIVES FOR THEM TO FINISH EARLY. IF YOU FINISH EARLY, WE WILL PAY YOU SOME MORE. 
          WE ARE PUTTING THAT IN THE >> SHANNON: WE'RE ACTUALLY ABOUT TO NEGOTIATE THE FIRST ONE THAT ACTUALLY DELIVERED ON AN EARLY PROJECT. 
          SO NOT EVERY PROJECT WILL PROBABLY DO THAT, BUT WE WANT TO HAVE THAT CARROT OUT THERE BECAUSE WE WANT THESE PROJECTS DONE QUICKER. 
          [00:35:01]
WE'RE ALSO USING RESPONSIBLE BIDDER ORDINANCE. 
          THAT'S THE ONE THAT SAYS, HEY, WE SCORE CONTRACTORS AFTER THEY'RE DONE, AND IF THEY FAIL -- THIS WAS AN ORDINANCE THAT YOU ALL PASSED, OR YOUR PREDECESSORS PASSED A FEW YEARS AGO, AND IF THEY SCOREDSCORED WELL OR HAVE HISTORICAL POOR PERFORMANCE W EAR NOT GOING TO USE THEM ANYMORE. I'VE ACTUALLY WORKED WITH MY TEAM, WE'VE IMPROVED AND SIMPLIFIED THAT SCORE CARD THIS YEAR, SO IT'S MORE EFFECTIVE, AND THAT'S DOING GOOD. WE'RE HAPPY TO SAY A LOT OF OUR CONTRACTORS ARE SCORING WELL. WE'VE HAD A FEW THAT DIDN'T SCORE SO WELL. 
          SO THOSE ARE THE CONVERSATIONS WE'RE HAVING WITH THEM, AND KEEPING THEM OUT FROM DOING BUSINESS. AND THEN WE'RE USING LIBLGLIQUIDATED DAMAGES, IF NEEDED. AGAIN, THAT'S THE CARROT AND STICK METHOD. HOW DO WE GET CONTRACTORS TO PERFORM WELL, GIVE THEM SOME INCENTIVES TO DO SO AND QUICKLY, AND DO SOME PENALTIES IF THEY DON'T. I'LL QUICKLY GO OVER SOME PROJECT HIGHLIGHTS, THIS IS NOT ALL OF THEM, BUT THIS IS JUST A SAMPLING OF SOME PROJECTS THAT WE'VE COMPLETED OR STARTED THIS YEAR. WE'VE PUT SOME IN EACH OF THE DISTRICTS, BUT REALLY SOME LARGE AND SMALLER PROJECTS, BUT ALL CRITICAL FOR THE INFRASTRUCTURE NEEDS, BUT, YOU KNOW, WHETHER IT'S THOSE DOWNTOWN PROJECTS THAT WE TALKED ABOUT ALREADY, WHETHER IT'S THE POLICE STATION IN DISTRICT THREE THAT WE'VE STARTED AND ARE ON TRACT TO FINISH NEXT YEAR, WE HAVE A LOT OF PARK PROJECTS, SCHNABEL HAD A BIKE TRACK FAK WITH TRACK FACILITY, THE LARGE-SCALE DRAINAGE PROJECT, AND I EVEN PUT ON HERE COMPLETED THIS YEAR BECAUSE WE'RE SCHEDULED TO COMPLETE IT IS SOME PICKLEBALL COURTS AT THE NORTHEAST D10. WE'RE GOING TO FINISH THAT ONE A LOT EARLIER THAN EXPECTED. THAT'S A HIGH-PROFILE ONE IN DISTRICT 10, COUNCILMAN, SO EXCITED TO BRING PICKLEBALL TO THE SENIOR CENTER. 
          THOSE ARE THE IMPORTANT PROJECTS THAT WE'VE BEEN WORKING ON OR COMPLETED, THERE'S A BIGGER LIST, BUT THAT'S TO HIGHLIGHT SOME THAT WE'VE WORKED ON. NOW LET'S TALK BUDGET, THIS IS JUST OUR $317 MILLION BUDGET FOR MY DEPARTMENT. YOU'LL SEE 32 MILLION OF THAT IS REALLY PERSONNEL AND THOSE TYPE OF THINGS TO MANAGE THE NUMBER OF PROJECTS THAT WE HAVE. AND THEN 285 MILLION OF THAT IS THE ACTUAL CAPITAL MONEY FOR THOSE PROJECTS. THAT HAS INCREASED FROM LAST YEAR. LAST YEAR WE HAD ABOUT $220 MILLION OF CAPITAL, BUT MORE PROJECTS ARE MOVING INTO CONSTRUCTION. 
          CONSTRUCTION IS WHERE MOST OF THE MONEY IS SPENT, AND SO THAT'S WHY IT'S BROAING THIS YEAR. BUT STILL, NO CHANGE IN POSITION COUNT AS WE MOVE FORWARD INTO NEXT YEAR. SO I JUST WANT TO HIGHLIGHT WHERE THAT FITS INTO THE OVERALL CAPITAL BUDGET. AS ERIK MENTIONED -- OF COURSE, IS THE AIRPORT PROJECT, THE TERMINAL PROJECT OF OVER 800 MILLION. BUT YOU'LL SEE THAT WE BREAK THAT DOWN, THERE'S STREETS, HOUSING, CITY FACILITIES, FIRE PREVENTION, LAW ENFORCEMENT, SO YOU SEE IT ALL THERE. $285MILLION OF THAT 1.4 IS MANAGED BY CAPITAL DELIVERY. AND THAT MAKES UP THE PROJECTS THAT WE'RE WORKING ON, BUT A TOTAL OF $1.4 BILLION OF CAPITAL INVESTMENT IN THIS YEAR'S BUDGET. A FEW PROPOSED CAPITAL PROJECTS, THESE ARE KIND OF LIKE THE NONBOND BUT IN OUR CAPITAL PROGRAM. 
          THIS IS JUST A HIGHLIGHT OF SOME OF THEM, WE JUST LISTED THEM HERE, BUT, YOU KNOW, THESE ARE -- THESE ARE LIFE SAFETY RELATED PROJECTS THAT'S HOW WE PRIORITIZE OUR CAPITAL PROJECTS MOVING FORWARD. 
          WE HAVE FLOOD CONTROL, FLOOD MANAGEMENT FACILITIES, OLMOS DAM, THE REDBERRY DAM, WORKING WITH THE FLOOD MANAGEMENT TEAM, THOSE ARE PROJECTS THAT WE'LL WORK ON THIS YEAR TO REPAIR FLOOD CONTROL ISSUES. 
          WE HAVE SOME HVAC REPAIRS IN A COUPLE LIBRARIES, MISSION BRANCH LIBRARY, THOUSAND OAKS BRANCH LIBRARY, HVAC, NOT ONLY IS IT NEEDED FOR COOLING AND HEATING AND LIBRARIES ARE COOLING AND HEATING CENTERS, BUT JUST OVERALL AIR QUALITY, WHEN AN HVAC NEEDS TO BE NOT JUST FIXED BUT TOTALLY REPLACED, WE CONSIDER THAT A LIFE QUALITY ISSUE. 
          CENTRAL LIBRARY, YOU SEE A PICTURE THERE, THE MAIN SKYLIGHT IN THAT AREA THERE, THAT IS LEAKING. THAT IS A SIGNIFICANT ROOF REPAIR THAT WE NEED TO WORK ON. SOME OTHER COMMUNITY CENTER ROOF REPLACEMENTS AND A FEW MORE -- A FEW MORE ISSUES IN THE COMMUNITY CENTERS. 
          YOU LOOK AT THE CORRUGATED METAL PIPE AND THE WARRANTED TRAFFIC SIGNALS, WE'VE DONE SOME STUDIES, PUBLIC WORKS HAS, YOU MAY SEE A COUPLE OF THESE ITEMS ON THEIR PRESENTATION, BUT THAT MAKES UP THE CAPITAL PORTION. YOU'LL SEE THAT IN THE CAPITAL PORTION OF THE BUDGET BOOK, BUT WANTED TO HIGHLIGHT A FEW OF THOSE PROJECTS THAT ARE REQUIRED AND PROPOSED THIS YEAR. SO LET'S TALK ABOUT OUR 
          [00:40:03]
'22 BOND PROGRESS.  WHEN I STOOD UP HERE LAST YEAR WE WERE AT 49%. 
          49% OF OUR 2022 BOND PROJECTS WERE EITHER COMPLETE OR UNDER CONSTRUCTION, SO THE WHOLE JOB, IF YOU BOIL IT DOWN, THE WHOLE JOB IS TO MOVE THOSE TO COMPLETION, CONSTRUCTION AND COMPLETION, SO WE'VE MOVED FROM 49 TO 78% OF THOSE PROJECTS. REMEMBER, 187 PROJECTS WERE IN THE 2022 BOND AND THE DIFFERENT PROPOSITIONS, STREETS AND DRAINAGE AND PARKS AND PUBLIC SAFETY FACILITIES, LIBRARY, CULTURE, AND THEN THE HOUSING BOND. SO WHAT WE'RE PROJECTING IS TO CONTINUE TO MOVE THAT BY THE END OF THIS CALENDAR YEAR, WE SHOULD BE AT 87%, AND I THINK IT'S REAL IMPORTANT TO SHOW, WE'RE GOING TO BE IN THAT 90%, 96% PREDICTED BY THE END OF FISCAL YEAR NEXT YEAR. THAT'S AN IMPORTANT MEASURE, WHEN WE GO OUT TO VOTERS NEXT YEAR AND ASK THEM TO APPROVE A SET OF PROJECTS, WE WANT TO BE ABLE TO SHOW THEM THAT WE CAN TAKE A BOND PACKAGE AND GET OVER 90% OF THEM COMPLETE OR UNDER SIGNIFICANT CONSTRUCTION BY THE TIME WE GO OUT FOR APPROVAL ON THE NEXT SET OF PROJECTS. 
          AND THAT'S A TYPICAL RHYTHM OF THIS FIVE-YEAR BOND CYCLE, BUT THAT'S OUR CURRENT STATUS AS OF THE END OF AUGUST. SO A COUPLE OTHER PROJECT HEIGHTS THAT WE'RE TALKING ABOUT NEXT YEAR, NOT WHAT WE'VE DONE HERE IN FY '26, BUT IN '27, WE PLAN TO COMPLETE ANOTHER 68 PROJECTS WHICH WOULD LEAVE OUR CURRENT PORTFOLIO DOWN TO ABOUT 85 PROJECTS REMAINING, THAT'S A MIXTURE, AGAIN, OF BOND PROJECTS, SOME NONBOND PROJECTS, THE HIGHLIGHTS YOU'LL SEE, SEVERAL FIRE STATIONS THAT WE'RE GOING TO BE COMPLETING. ONE WE'RE GOING TO START HERE SHORTLY AFTER WE GET THE BIDS HERE, WHICH IS FIRE STATION 33. 
          PARKS, SO THOSE ARE THE PROJECTS THAT ARE PLANNED FOR COMPLETION, OR AT LEAST STARTING IN THE NEXT FISCAL YEAR. AND, AGAIN, THAT'S JUST THE HIGHLIGHT OF SOME OF THEM THAT.'S NOT THE COMPLETE LIST. 
          SO WHAT I WANT TO DO NOW IS JUST KIND OF QUICKLY TRANSITION TO THE 2027 BOND PROGRAM. WE WERE HERE IN MAY, TROY AND I AND I THINK VERONICA WERE HERE BACK IN MAY TALKING ABOUT THE BOND PROGRAM. 
          SO WHAT WE'RE PLANNING TO DO IS ON SEPTEMBER 30TH THERE WILL BE A B SESSION, WHICH IS OUR NEXT SIGNIFICANT CONVERSATION ABOUT THE DETAILS OF THE BOND. WE'RE GOING TO TALK ABOUT THE HISTORY OF THE BOND, OF COURSE, BUT AT THAT POINT WE'RE GOING TO BE TALKING ABOUT PROPOSED BOND PROJECTS.  SO IF YOU REMEMBER, THE TIMELINE, AND I'LL SHOW THAT ON THE NEXT SLIDE, IT'S GOING TO BE IMPORTANT THAT WE START TALKING ABOUT PROPOSED BOND PROJECTS, HOW WE'RE EVALUATING THOSE PROJECTS. 
          WE'RE GOING TO BE SETTING UP BOND COMMITTEES, RIGHT, BOND COMMITTEE CHAIRS AND TRICHAIRS, OVERALL PROGRAM TIMELINE SO THERE'S A LOT GOING TO BE HAPPENING. THERE'S STILL A LOT OF WORK THAT MY TEAM AND I ARE DOING IDENTIFYING POTENTIAL PROJECTS. I'VE TALKED WITH ALL OF YOU ABOUT SOME OF YOUR PRIORITIES, WHAT YOU'RE HEARING FROM YOUR COMMUNITY, KIND OF THE SAME THING WE'RE HEARING FROM THE COMMUNITY MEMBERS, WE'RE PUTTING SOME DRAFT PROJECTS TOGETHER. 
          WE'RE ALSO ESTIMATING SOME OF THE LARGE PROJECTS USING SOME OUTSIDE ESTIMATING FIRMS TO HELP BRING THOSE PROJECTS AND THOSE ESTIMATES TO YOU AS WE DEVELOP THE NEXT BOND PROGRAM. 
          SO SEPTEMBER 30TH, WE'RE SCHEDULED TO DO THAT. WE'RE LOOKING FOR SOME FEEDBACK CERTAINLY TODAY ON SOME OF THE ITEMS, AS TROY MENTIONED, AND THEN LASTLY, I'LL JUST FINISH UP HERE BY SAYING THIS IS OUR TIMELINE. 
          WHEN I LOOK AT THIS TIMELINE, I USUALLY START -- I GO RIGHT FROM LEFT, NOT LEFT TO RIGHT. LOOK AT THAT PUBLIC VOTE IN MAY. 
          THAT'S THE TARGET. STATUTORILY, WE HAVE TO HAVE A CALL FOR A VOTE IN EARLY FEBRUARY, WE'RE TARGETING THE FEBRUARY 4TH, I THINK, A SESSION FOR THAT CALL, SO IF YOU GO BACKWARDS THERE, WE'RE APPROVING PROJECTS AT THE COUNCIL LEVEL IN JANUARY AFTER SEVERAL MONTHS OF BOND COMMITTEE DISCUSSION THAT WE WALK THROUGH IN MAY, BUT HAVING THOSE BOND COMMITTEES STOOD UP AND STARTED IN OCTOBER, NOVEMBER AND JANUARY. 
          THERE WILL BE A LOT OF WORK THERE. SO WE'LL CERTAINLY NEED SOME COMMITTEE APPOINTMENTS. I'VE TALKED TO MANY OF YOU ABOUT THAT, YOU'RE ALREADY TALKING ABOUT WHO CAN I APPOINT TO WHAT COMMITTEES AND THIS, THAT AND THE OTHER, SO WE'LL NEED THOSE REALLY BY THE END OF THIS MONTH IS REALLY WHAT I'M LOOKING FOR. 
          AND THEN KIND OF GO QUICK, THE SEPTEMBER 30TH B SESSION, WE'LL START TALKING ABOUT A STAFF-RECOMMENDED LIST. SO THAT'S KIND OF A BACKWARDS WAY TO LOOK AT THE TIMELINE, BUT THAT'S HOW MY TEAM AND I ARE LOOKING FOR THAT PUBLIC VOTE IN MAY. SO WITH THAT, THAT ENDS MY PRESENTATION AND I'LL HAND IT OFF TO ART BEFORE WE TAKE SOME MORE 
          QUESTIONS. >> ALL RIGHT. GOOD AFTERNOON, MAYOR AND COUNCIL. ART REINHARDT, PUBLIC WORKS. 
          BEFORE I JUMP INTO THE BUDGET, I WANT TO START OFF WITH THIS SLIDE AND IT'S THE MOST IMPORTANT OF MY ENTIRE PRESENTATION. 
          I WANTED TO TALK ABOUT SOME OF THE WORK WEE DONE AS A DEPARTMENT THE LAST FEW MONTHS TO REALLY CALIBRATE OUR MISSION. I STARTED BACK IN 
          [00:45:01]
JANUARY, SO THIS IS MY FIRST BUDGET PRESENTATION AS A DIRECTOR WITH YOU ALL. I STARTED OFF SHARING WHAT'S IMPORTANT TO ME AS A PERSON AND AS A DIRECTOR AND WHAT I WANT TO BE REFLECTED IN OUR DEPARTMENT. THAT'S THREE VALUES, TALKING ABOUT ACCOUNTABILITY, COMPASSION AND EXECUTION. 
          ACCOUNTABILITY IS PRETTY OOIVE, ACCOUNTABLE FOR OUR WORK AND OUTCOMES AND ACCOUNTABLE TO EACH OTHER AS A TEAM PART. COMPASSION, ONE THING I REALLY WANTED TO FOCUS ON IS WE'RE DOING A ALL ABOUT THE PROJECTS, IT'S NOT ABOUT THE PROJECT, IT'S ABOUT THE PEOPLE THEY SERVE. 
          TRYING TO HAVE THAT MENTALITY. AS A DEPARTMENT, WE ANSWER OVER 30,000 3-1-1S A YEAR, EACH ONE OF THOSE IS A PERSON. 
          HAVING THAT MINDSET, AND THEN LASTLY, THE EXECUTION OF OUR WORK. 
          PRETTY MUCH EVERYTHING WE DO IN PUBLIC WORKS IS ABOUT SAFETY, SO WE NEED TO HAVE PURPOSE AND URGENCY AS WE'RE HANDLING THESE PROJECTS, SOMETHING AS -- WITH THE TEAM, AND A GROUP OF US, ABOUT A DOZEN FOLKS MET A FEW TIMES TO REALLY TALK ABOUT OUR MISSION STATEMENT AND WHERE WE WANT TO BE AS A DEPARTMENT. FOR ME, THE VISION IS SIMPLE:  IS TO TRY TO BE THE BEST. WE WANT TO BE THE PREMIER PUBLIC WORKS ORGANIZATION IN THE COUNTRY. IT'S GOING TO TAKE A LOT OF WORK, BUT WE CAN GET THERE. THE MISSION IS CLEAR, WE SERVE ALL COMMUNITIES, REGARDLESS OF WHERE YOU'RE LOCATED AND THROUGH EXCEPTIONAL PUBLIC SERVICE AND DEPENDABLE INFRASTRUCTURE. WE HAVE TO HAVE HIGH STANDARDS, WE'VE ADOPTED A PUBLIC WORKS CARES MIND SET, WE CARE ABOUT OUR PEOPLE, OUR COMMUNITY AND OUR WORK. IF WE DO OUR JOB RIGHT, PEOPLE WILL HARDLY KNOW WE EXIST, THEY WON'T EVEN THINK ABOUT THEIR INFRASTRUCTURE, BUT THEY'LL REMEMBER US FOR THE SERVICE THEY RECEIVED. 
          SO I WANTED TO SHARE A QUICK STORY ABOUT THIS PAST WEEKEND THAT EXEMPLIFIES WHAT WE'RE TALKING ABOUT HERE. JOSEPH IS ONE OF OUR STORMWATER INSPECTORS, OUR INVESTIGATORS. AND HE HAD A TREE FALL DOWN ON HIS HOUSE FRIDAY NIGHT. BUT HE GOT THE CALL SATURDAY TO COME TO WORK. AND HE HELPED LEAD THE CHARGE, CLEARING ALMOST 500 TREES IS RIGHT NOW THE COUNT, HELPING LEAD THAT WORK. SO, YOU KNOW, HE TOOK CARE OF BOTH THE PEOPLE THAT ARE DEAR TO HIM, AND THEN HE CAME INTO WORK AND STARTED HELPING CLEAR THE CITY. THAT'S WHAT WE'RE ABOUTND THAT'S WHAT WE'RE GOING TO BE ABOUT. SO LET'S TALK BUDGET. SO TWO THINGS I WANT TO POINT OUT TO OUR ANNUAL BUDGET, $326.5 MILLION. YOU SAW ON THE PREVIOUS PRESENTATION, MIKE'S IS ONLY 317, SO WE'RE SLIGHTLY LARGER THAN THAT, BUT THIS IS ABOUT A $12 MILLION INCREASE COMPARED TO LAST YEAR, WHICH IS PRIMARILY DUE TO INCREASED CAPITAL SPENDING. 
          WE DO HAVE SOME NEW CAPITAL PROJECTS. MIKE TALKED ABOUT SOME OF THOSE THAT WE'LL BE MANAGING IN PUBLIC WORKS AND ALSO YOU SEE A LARGE INCREASE IN OUR STREET MAINTENANCE PROGRAM AND I'LL TALK MORE ABOUT THAT.  BUT IN GENERAL ABOUT HALF OF OUR 300 PLUS MILLION IS GEARED TOWARDS STREETS AND SIDEWALKS AND THEN THE REMAINDER IS STORMWATER OPERATIONS AS WELL AS OUR TRAFFIC ENGINEERING PROGRAMS. NET INCREASE OF THREE POSITION, WE DO HAVE TWO REDUCTIONS I'LL TALK ABOUT THAT, BUT WE'RE EXCITED ABOUT THE DISABILITY ACCESS OFFICE COMING BACK HOME TO PUBLIC WORKS AND MOVING FORWARD. 
          THAT'S A TEAM OF FIVE PEOPLE THAT WILL BE REJOINING US. 
          THIS SLIDE HERE REALLY JUST WANTED TO ROLL UP ALL OF OUR MAJOR PROGRAMS. WE DO MUCH MORE THAN THESE, BUT THESE ARE THE MARRIAMAJOR ONES THAT YOU TALKED TO US AND WE WORK HARD TO COMPLETE IN A TIMELY MANNER. LIKE I MENTIONED ON THE PREVIOUS SLIDE, WE'RE AT ABOUT $130 MILLION FOR THIS YEAR DOING ABOUT 543 MILES OF STREETS WHICH IS ABOUT 12% OF THE NETWORK WE'LL BE TOUCHING. 
          SIDEWALKS, YOU CAN SEE HEHERE, IT'S A SLIGHT DECREASE, WE'RE LOOKING INTO BUILD OR REPAIR ABOUT 22 MILES OF SIDEWALKS IN 2027. 
          OUR CREEKS AND CHANNELS PROGRAM, WE DO A COUPLE DIFFERENT THINGS IN THAT OVERALL PROGRAM BUT WE HAVE 36 CHANNEL RESTORATION PROJECTS WE'LL BE WORKING ON AS WELL AS 80 MILES OF NATURAL CREEKWAY CLEARING THAT WE'LL DO. WE MOW OUR CHANNELS FOUR TIMES A YEAR, OUR RIGHTS OF WAY ALONG OUR ROADS SIX TIMES AND ALL TOGETHER IT'S ABOUT 25,000 ACRES OF MOWING WE DO. IT'S -- A FOOTBALL FIELD IS A LITTLE OVER AN ACRE. IT'S A LOT OF MOWING. 
          STREET SWEEPING, OUR ARTERIAL ROADS WE SWEEP FOUR TIMES A YEAR. 
          I LIKE TO TO THE COMPARISON BUT ALMOST 45,000 GUTTER MILES OF SWEEPING. THAT'S ENOUGH TO DRIVE A STREET SWEEPER ALMOST TWO TIMES AROUND THE WORLD. I WOULDN'T RECOMMEND IT BECAUSE THERE'S A LOT OF WATER, BUZZ FOR PERSPECTIVE, THAT'S HOW MUCH WE'RE DOING. 
          MOVING ON TO SOME OF OUR TRAFFIC PROGRAMS, ABOUT 1,000 MILES OF PAVEMENT MARKINGS WE'LL BE DOING ATHIS IS MAINTAINING OUR THREE-YEAR CYCLE FOR PAVEMENT MARKINGS. OUR TRAFFIC SAFETY AND OPERATIONS, THIS IS A CONTINUATION -- THIS IS WHERE WE'RE ADDING NEW AND UPGRADED RADAR DETECTION AT OUR 
          [00:50:01]
TRAFFIC SIGNALS, BATTERY BACKUP SYSTEMS AND OUR ANNUAL COMMUNICATIONS TO ALL OF OUR SIGNALS. OUR SCHOOL PED SAFETY PROGRAM, DEDICATED FUNDING TO MAINTAIN OUR SCHOOL ZONES. THERE'S ABOUT 1,000 OF THEM ACROSS THE CITY. AND THEN OUR TRAFFIC SIGNALS AND MIKE TOUCHED ON THESE. WE HAVE 12 NEW SIGNALS THAT WE'VE GONE THROUGH THE PROCESS AND RECOMMENDED FOR INSTALLATION FROM THIS FISCAL YEAR AND LAST FISCAL YEAR THAT WE'LL BE FUNDING IN THE '27 FISCAL YEAR PROGRAM. A COUPLE OF REVENUE ENHANCEMENTS I'LL TALK ABOUT. WE DO HAVE VACANT POSITION REDUCTION, ONE IS A VACANT SENIOR ELECTRICIAN TECHNICIAN AND ALSO A VACANT EQUIPMENT OPERATOR POSITION FOR SOME OF OUR IN-HOUSE WHAT WE CALL REPAIRS, SIMILAR TO A POTHOLE BUT A LITTLE LARGER IN SIZE. 
          AND THE LAST PROPOSED REDUCTION IS ELIMINATING THE $500,000 THAT WE GET ANNUALLY THAT WE'VE HAD FOR A FEW YEARS NOW FOR RADAR FEEDBACK SIGNS AND FLASHING STOP SIGNS. WE'VE INSTALLED ABOUT 500 OF THEM, ABOUT 200 OF THE RADAR FEEDBACK SIGNS. A COUPLE THINGS ON REVENUE ENHANCEMENTS THIS IS PRIMARILY THROUGH OUR REVENUE PERMITTING. THE FIRST TABLE IS FOR GENERAL FUND. AND SO BLOCK PARTY PERMITS, IF SOMEONE WANTS TO CLOSE A BLOCK FOR AN HOA MEETING OR SOMETHING DOWNTOWN, WE DO PROCESS A PERMIT FOR THAT, YOU'LL SEE A 15% INCREASE. OUR LANE AND SIDEWALK CLOSURE PERMITS, THIS IS GENERALLY IF -- A LOT OF IT'S FOR DOWNTOWN, BUT IF THERE'S DOWNTOWN CONSTRUCTION AND THEY NEED TO RESERVE A LANE OR SIDEWALK TO FACILITATE THEIR CONSTRUCTION, THEY'LL APPLY FOR THIS PERMIT. THERE'S A $50 APPLICATION AND A COST PER SQUARE FOOT. IT'S INCREASING 15% AND A 10-DOLLAR INCREASE ON THE APPLICATION. SAME THING FOR PARKING RESTRICTION PERMIT. 
          THIS IS PRIMARILY DOWNTOWN IF THERE'S PAID PARKING AND SOMEONE NEEDS TO RESTRICT A SPACE FOR A BUS OR SOMETHING LIKE THAT, AND THEN ALSO LOADING ZONES AS WELL. SO THAT'S HOW WE CAPTURE IT. 
          MOVING ON TO SOME OF THE RIGHT OF WAY PERMITS, WE ISSUE PERMITS ABOUT 18,000 PERMITS LAST YEAR FOR OUR RIGHT OF WAY PERMITTING, BUT THERE'S VARIOUS TYPES OF PERMITS AND YOU CAN SEE ON THE KREEN HOW THOSE ARE INCREASING. ONE THING I'LL NOTE IS WE ARE INCREASING THE PROPOSED RIGHT OF WAY VIOLATION OR PENALTY FEE FROM $600 TO 750. 
          A COUPLE THINGS REALLY I THINK THERE'S BEEN A LOT OF DISCUSSION, WE'VE TALKED ABOUT IT A FEW PREVIOUS BRIEFINGS BUT LAST YEAR FUNDING WAS PROVIDED TO CONDUCT COMPREHENSIVE REVIEW OF OUR STREET MAINTENANCE PROGRAM. A LOT OF WORK'S GONE ON, WE'RE STILL UNDER WAY WITH IT, WE'LL WRAP IT UP BY THE END OF THE CALENDAR YEAR, BUT WE'RE TRYING TO BOIL IT DOWN TO FULL BULLET POINTS. THERE ARE REALLY FOUR MAIN THINGS WE WERE TASKED TO LOOK AT, THE OVERALL PROGRAM MANAGEMENT OF THE STREET MAINTENANCE PROGRAM. THAT'S JUST ENSURING THAT WE'RE DOING THINGS TO INDUSTRY STANDARD AND AS BEST PRACTICE. 
          ALSO LOOKING AT HOW WE COLLECT OUR DATA. ARE WE USING THE RIGHT METHODS AND ACCOUNTING FOR SOIL TYPES. PROJECT SELECTION, REALLY TO TRY TO ANSWER WHY ARE WE PAVING THIS STREET AND NOT THAT STREET. 
          AND LASTLY, HELPING RESET THE GOALS FOR THE PROGRAM. 
          THAT WORK IS UNDER WAY. WE DO HAVE SOME INITIAL FINDINGS THAT I'LL TALK ABOUT NEXT, BUT FIRST I WANT TO HIT ON THE CURRENT PROGRAM. 
          WE HAVE LONG BEEN A LEADER IN OUR PAVEMENT MANAGEMENT. 
          WE LEARNED THAT LAST YEAR DOING SOME BENCHMARKING. HAD ONE OF THE HIGHEST PCI SCORES FOR OUR PEER CITIES AND WE HAVE ONE OF THE LARGEST NETWORKS, SO ANTHONY AND HIS TEAM HAVE BEEN DOING A GREAT JOB OVER THE YEARS. 
          BUT LIKE MYSELF AND OTHERS WE CAN ALL IMPROVE. 
          AND ONE THING WE'VE NOTICED IS A FOCUS ON A PCI-ONLY GOAL REALLY DOESN'T REPRESENT A TRUE PAVEMENT MANAGEMENT PROGRAM. 
          THERE'S OTHER THINGS WE WANT TO START INCLUDING. SOME OF THAT IS REALLY TAKING INTO ACCOUNT THE SIZE AND COMPLEXITY OF OUR NETWORK. 
          WE HAVE THREE MAIN SOIL TYPES ACROSS THE CITY, WE HAVEN'T ALWAYS FACTORED THAT INTO HOW WE PROJECT OUR CONDITIONS. OTHER THINGS WE WANT TO INCLUDE IS THINGS LIKE -- REALLY FEEL LIKE THAT. AND SO THAT'S HARD TO EXPLAIN TO ONE OF YOU ALL OR YOUR RESIDENTS ON MAYBE WHY WE'RE NOT PICKING THAT STREET. 
          SO THAT'S SOME OF THE WORK WE'RE GOING TO INCLUDE. 
          WE'VE ALSO STARTED DOING SOME ADDITIONAL -- IN ENGINEERING AROUND TECHNOLOGY AS WE SELECT OUR PROJECTS DOING SOME MORE TESTING OF OUR SUBGRADE, WE'RE DOING THAT RIGHT NOW. AND LASTLY, WE WANT TO SHIFT FROM A PCI FOCUS TO MORE OF A SERVICE APPROACH, INCLUDING PCI AS ONE OF THE BASE FOUNDATION POINTS BUT ALSO TAKE INTO ACCOUNT OTHER FACTORS, MAYBE WE SET A TIME LIMIT FOR -- YOU KNOW, IT'S GOING TO BE FIVE YEARS BEFORE WE FUND A FAILED STREET OR WHATNOT. 
          SO SOME OF THAT STUFF, WE DO WANT TO COME BACK TO YOU ALL IN A FUTURE BRIEFING AND TALK MORE IN DEPTH ON. THIS SLIDE SUMMARIZES WHAT WE'VE DONE AND WHAT'S IN THE PROPOSED 2027 PROGRAM. 
          THERE'S A LOT OF NUMBERS HERE, BUT THE TABLE ON YOUR LEFT, WHAT WE'RE SHOWING YOU IS HOW WE PROJECT OUR PAVEMENT CONDITIONS SCORE. 
          SO USING WHAT I CALL THE OLD CURVE, LET ME BACK UP. 
          WHEN WE COLLECT DATA -- THESE DEGRADATION CURVES TO PROJECT OUT THE DETERIORATION OF OUR 
          [00:55:03]
PAYMENT. WHAT WE'VE EMPLOYED OVER THE YEARS IS A SINGLE CURVE, REPRESENTING AN AVERAGE. WHAT WE FOUND IS THAT IT'S NOT THE MOST ACCURATE WAY TO DO IT NOW. 
          WE HAVE BETTER TECHNOLOGY. SO WE RERAN OUR PROJECTED FY '26 END OF YEAR PROGRAM THAT WAS PROJECTED AT ABOUT AN AVERAGE OF 75.6 ACROSS THE CITY. WE RERAN THAT WITH THE NEW CURVE. THERE'S SIX NEW CURVES, THERE'S ONE FOR ROCK, CLAY, SAND. AND THEN THERE'S ONE FOR DIFFERENT ROADWAY CLASSIFICATIONS, ARTERIAL ROADS, COLLECTOR ROADS AND LOCAL ROADS, THOSE ALL DETERIORATE AT DIFFERENT PACE BASED ON TRAFFIC LOADING. 
          WHAT WE SAW CITYWIDE WAS A 1.9 OR 2% DECREASE IN OUR AVERAGE PCI. 
          THAT HELPED US WHEN WE'RE EXPLAINING WHY THIS STREET AND WHY NOT THAT STREET, BECAUSE WE FEEL LIKE WE HAVE A MORE ACCURATE REFLECTION. 
          NOW, ONE THING WITH THAT, WE'RE BASING THIS ON THE LAST DATA SNAPSHOT THAT WE TOOK BACK IN 2023. AND WE'VE STARTED THE PROCESS TO GO BACK OUT AND COLLECT NEW DATA. SO THESE SCORES WILL CHANGE A LITTLE BIT AS WE INCORPORATE THAT BUT WE'LL HAVE ALL THAT DONE AND READY TO GO BY THE DEVELOPMENT OF THE FISCAL '28 PROGRAM. WHAT WE WANTED TO SET AS A GOAL GOING INTO '27 IS WITH THIS NEW PROJECTION, IS WE RERAN OUR NETWORK AND WE WERE CONCERNED ABOUT A COUPLE DISTRICTS BEING BELOW A PC IMPRISONMENT OF 70, EVEN THOUGH THERE'S OTHER THINGS WE WANT TO START INCLUDING THAN PC IMPRISONMENT, SO WE DID SOME  MODIFICATIONS OF THE PROGRAM TO ENSURE THAT ALL DISTRICTS REMAIN AT A SEVEN-YEAR ABOVE, AND YOU CAN SEE WE'LL BE HITTING THAT WITH THE NEW PROGRAM. 
          ALSO DIDN'T WANT TO TAKE -- HAVE A LARGE DECREASE IN OUR F STREETS. ONE THING WITH THESE NEW CURVES IS THAT AS THE STREET STARTS TO -- GETS OLDER, IT DETERIORATES QUICKER, WE'RE CONCERNED ABOUT GROWING F STREET. THE BUDGET ITSELF, 534 MILES, ABOUT 2,000 PROJECTS, AGAIN, WE'LL BE MANAGING ACROSS THE NETWORK. 
          YOU CAN SEE THE BREAKDOWN, 13 MILLION IS COMING FROM THE ANNUAL PROGRAM AND 3.65 FROM THE '22 BOND. THIS IS THE LAST FROM THE '22 BOND FOR THE F STREETS. MOVING ON TO OUR SIDEWALK CONDITION ASSESSMENT, THIS IS SOMETHING WE'VE ALSO TALKED ABOUT. 
          WE'VE COMPLETED A THREE-YEAR PROCESS NOW TO ANALYZE EVERY SIDEWALK OUT THERE. SO WE DO HAVE A 0 TO 100 SCALE NOW FOR ALL OF OUR SIDEWALKS, SIMILAR TO HOW WE ASSESS OUR STREETS. WHAT WE IDENTIFIED -- HORIZONTAL OBSTRUCTION LIKE A POLE OR A MAILBOX, WE'VE ALSO IDENTIFIED STEEP CROSSSLOPES AND NOW WE HAVE ALL OF THOSE PINPOINTED AND YOU CAN SEE A SCATTER SHOT ACROSS THE CITY NOW. ONE THING TO NOTE IS ABOUT 72% OF OUR SIDEWALKS ARE IN EXCELLENT TO FAIR CONDITION, BUT THAT STILL LEAVES A LARGE AMOUNT THAT ARE IN POOR CONDITION. I WANT TO INCLUDE A PICTURE OF THE TOOL WE USE. THIS IS BASICALLY AN EBIKE THAT HAS A CAMERA THAT'S FORWARD FACING AND PULLS A WAGON THAT HAS CAMERAS AND GPS. 
          IT'S ABOUT 6,000 MILES, OUR SIDEWALKS. OUR FUNDING IS A LITTLE LESS THAN IN THE YEARS PAST, SO WE'RE BEING A LITTLE MORE STRATEGIC IN HOW WE USE IT. OUR BUDGET IS 12.8 MILLION, WE'RE TARGETING 12.8 GAP MILES, THAT'S OVERALL 50% OF THE FUNDS ARE GOING TO FILL GAPS. ONE OF THE NEW THINGS IS THE REPAIR PROGRAM. 
          SO WE'RE USING 40% OF THE FUNDS FOR REPAIRS, BUT WE ARE -- WITH THE DATA WE HAVE NOW, ALLOCATING 10% TO TARGET THESE TRIPS AND OBSTRUCTIONS. 
          WHEN I SAY TRIPS, WE'RE TALKING ABOUT HAZARDS, SO ANYWHERE FROM A HALF INCH TO AN INCH, WE WANT TO DEPLOY A CONTRACTOR TO FOCUS ON THAT AND SHAVE ALL THAT DOWN. THAT'S ONE NEW THING WE'RE EMPLOYING THIS YEAR AS A RESULT AS THE CONDITION ASSESSMENT. A COUPLE MORE SLIDES HERE. MOVING ON TO SOME OF THE NEW PROGRAMS, MOSTLY TRAFFIC FOCUS, BUT I MENTIONED EARLIER ABOUT HOW WHAT WE DO IS ABOUT SAFETY. WHEN WE TALK ABOUT TRAFFIC SAFETY, THE PRACTICES WE USE FOLLOW VISION 0 AS WELL AS USDOT'S SAFE SYSTEM APPROACH. THERE'S BEEN A LOT OF DISCUSSION ABOUT QUICK BUILDS, RIGHTFULLY SO ABOUT DOING THINGS QUICKER AND CHEAPER. 
          DISTRICT ONE AND DISTRICT FIVE, SOME COUNCIL REQUESTS AFFECT THAT. 
          WE HEAR YOU. WE'RE NOT CALLING IT A QUICK BUILD PROGRAM BECAUSE IF YOU RECALL THE TRANSPORTATION DEPARTMENT HAS A PROGRAM FOR THAT. 
          WE'RE GOING TO IMPLEMENT TACTICAL PROJECTS TO HELP US GET THINGS OUT QUICKER. ONE THAT WE DID IN A MATTER OF ABOUT FOUR MONTHS THIS IS IN THE KING WILLIAM AREA, WE'LL BE LEARNING FROM THAT AS WE GO, AND WE'LL BE REALLOCATING THE FUNDS, WE USED TO CALL IT A TRAFFIC CALMING PROGRAM, WE'LL BE USING THAT PROGRAM NOW TO IMPLEMENT MANY MORE PROJECTS. HISTORICALLY WE -- USING MORE TACTICAL STYLES. AND SOME MAY SAY THEY'RE MORE PRACTICAL IN SOME REGARDS THAT THEY ACHIEVE SIMILAR RESULTS WITHOUT THE HEAVY INVESTMENT OF CAPITAL. AND ONE LAST THING TO NOTE ON HERE IS WE HAVE UPDATED OUR TRAFFIC CALMING HANDBOOK, THERE'S 
          [01:00:02]
ENGLISH AND SPANISH VERSIONS, IT REFERENCES SOME OF OUR MOST RECENT WORK AND RELATED TO CCR BY DISTRICT FIVE, WE ARE FINALIZING AN ONLINE TRAFFIC CALMING APPLICATION PROCESS, WE HOPE TO HAVE THAT THIS FALL. SLAS SLIDE HERE, A COUPLE THINGS I WANTED TO HIGHLIGHT AS WELL, MOSTLY RELATED TO CCRS, ONE OF THE FIRST ONES IS THE PRIMA FACIA TRAFFIC STUDY. WE HAVE DEDICATED FUNDING PROPOSED, 400,000 IS RELATED TO COUNCIL CONSIDERATION REQUEST FROM DISTRICT 7 THAT'S REALLY TO HELP SET POLICIES ON LOWERING SPEED LIMITS. WE'RE LOOKING AT DOING THIS CONSISTENT WITH VISION O AS WELL AS STATE LAW PARAMETERS,  KIND OF A TWO-PRONGED APPROACH DEVELOPING AN AREA WIDE SPEED LIMIT FOR SIMILAR ROADS AND A FRAMEWORK FOR HELPING US DEVELOP A POLICY FOR MORE COMPLEX CORRIDORS. 
          ANOTHER ONE WE'RE EXCITED ABOUT IS IMPLEMENTING AUTOMATED TRAFFIC SIGNAL PERFORMANCE MEASURES. WHAT THIS WILL HELP US DO IS BE PROACTIVE. 
          SO THIS IS FUNDING TO PURCHASE SOFTWARE THAT WILL HELP US GET A MORE GLOBAL LOOK AT TRAVEL PATTERNS, HELP US IDENTIFY DELAYS AND CONGESTION AND PREVENT MORE 3-1-1S ABOUT TRA SIGNAL DELAYS. 
          THEN LASTLY, WE'VE TALKED A FEW TIMES ABOUT -- AND I THINK COUNCILMAN BROUGHT IT UP IN A PREVIOUS PRESENTATION, THE RAIL NOTIFICATION. 
          SO WE ARE ACTIVELY SCOPING OUT A PILOT WITH SOUTHWEST RESEARCH TO REALLY TAKE SOME OF THE TECHNOLOGY THAT THEY HAVE AND MODIFY IT TO DETECT TRAINS AND BE ABLE TO COMMUNICATE OUTWARD TO NAVIGATION APPS, SO I'M EXCITED ABOUT THAT AND I THINK WE HAVE A REAL CHANCE TO DO SOMETHING UNIQUE HERE ON THAT. ONE LAST THING TO HIGHLIGHT AND I KNOW THE MANAGER MENTIONED IN THE PROPOSED BUDGET IS WE ARE LOOKING AT HAVING SOME THIRD-PARTY SUPPORT FOR DEVELOPING TRAFFIC -- OR NOT TRAFFIC, CONSTRUCTION ESTIMATES FOR PRIMARILY FOR NAMPF FOCUS. I KNOW A FEW TIMES WE'VE GOTTEN SOME MORE DIFFICULT PROJECTS TO SMA AND WE'VE RECOMMENDED, HEY, LET US SPEND, 10, $15,000 WITH A CONSULTANT TO HELP US STUDY THAT AND THERE'S BEEN SOME HESITATION ON YOUR PART BECAUSE THE PLE SHUS FUNDS YOU GET ARE MOSTLY GEARED FOR CONSTRUCTION, SO THIS IS A SET POT OF MONEY THAT WILL HELP US DO THAT. NOW, MOST OF THE REQUEST, PROBABLY 75% OF THE REQUESTS THAT COME THROUGH NAMPF ARE THINGS THAT WE ESTIMATE IN-HOUSE -- FROM A CAPACITY OR TECHNICAL REASON. IF THERE'S DRAINAGE CONCERNS OR MAYBE ENVIRONMENTAL OR UTILITY CONCERNS THAT WE NEED TO VET OUT, WE'LL NEED TO HAVE SOME HELP DOING THAT. 
          WE DON'T HAVE A DEDICATED NAMPF TEAM THAT DOES THIS, THIS IS WORK THAT WE DO ON TOP OF IT. SO TRYING TO KEEP THINGS MOVING, THIS WILL GO TOWARDS THAT. A COUPLE STRINGS ATTACHED TO THIS FUNDING, WE ARE GOING TO LIMIT THOSE REQUESTS TO ABOUT 50,000. 
          IF WE THINK THAT THE ESTIMATE WILL BE HIGHER THAN THAT, WE'LL PUT IT TOGETHER AS A NORMAL CAPITAL PROJECT ASK, WE'LL GIVE A GOOD SCOPE FOR IT AND THAT WAY IT CAN GO ON THE LIST FOR FUTURE FUNDING. 
          AND LASTLY, I'LL MENTION AGAIN, THE NAMPF PROGRAM IS CONTINUING AT THE PROPOSED $550,000 PER DISTRICT, THE CIP IS RECOMMENDED AT 200,000 PER DISTRICT. I THINK WE HAVE A PRETTY SOLID APPROACH FOR NAMPF, HOW WE'RE DOING THE CALL FOR PROJECTS TWICE A YEAR AND WE'RE FOLLOWING THAT GENERALLY, ALTHOUGH WE DO GET A LOT OF REQUESTS. WE'RE GOING TO IMPLEMENT SOMETHING SIMILAR FOR CIP. SO WE'RE GOING TO FOLLOW THE SAME PROCESS, AND I THINK THIS WILL HELP US STAY ON TRACK WITH THAT. 
          THE POLICY RIGHT NOW FOR NAMPF IS EIGHT REQUESTS. MOST DISTRICTS ARE PRETTY GOOD, SOME GIVE US MORE. I WON'T MENTION NAMES. BUT WE WILL -- WE'RE GOING TO BUMP THAT UP TO 10 TOTAL, 10 REQUESTS, AND THEN WE WILL TELL YOU HOW BEST TO FUND THOSE. SO THAT'S WHAT WE'LL TRY OUT THIS YEAR MOVING FORWARD. SO WITH THAT, THAT'S MY LAST SLIDE. 
          THAT WAS VERY HELPFUL PRESENTATION. A COUPLE OF QUESTIONS IN CASE IT HELPS ANY OF MY OTHER COLL COLLEAGUES. 
          BIG PICTURE, TROY -- WHERE DID TROY GO? THANKS? ON THE DEBT MANAGEMENT PLAN, JUST FOR OUR EDIFICATION, ON THE DIFFERENT SCENARIO, SCENARIO 1, 2 AND 3, CONSIDERING WE'RE ONLY AT 1.5% NOW AVERAGE ANNUAL GROWTH, EVEN YOUR CONSERVATIVE ESTIMATE HAS US HAVING TO ASSUME PERFORMANCE AT TWO AND A HALF TIMES BETTER THAN WHAT WE'RE CURRENTLY EXPERIENCING. WHAT ARE OTHER -- WHAT ARE -- I GUESS, HELP US UNDERSTAND. OTHERS THAT ARE -- WHY IS THAT A SAFE ASSESSMENT? WHY IS THAT A SAFE ASSUMPTION? 
          [01:05:01]
          >> ELLIOTT: AS FAR AS THE FORECAST IN THE GROWTH? >> MAYOR JONES: YEAH. 
          >> ELLIOTT: ONE THING I WOULD LIKE TO SHARE WITH YOU, TO ANSWER YOUR QUESTION, I GUESS I'LL GO BACK TO THAT SLIDE, THIS SLIDE HERE. 
          >> MAYOR JONES: UH-HUH. >> ELLIOTT: SO WHEN WE LOOK AT OUR FORECAST IN HOW WE COME UP WITH OUR CURRENT FORECAST OF 2027 TO '31, BASICALLY WHAT I HAVE TO RELY ON ARE A COUPLE THINGS. I HAVE HISTORY, CONVERSATIONS WITH BCAD, AND JUST LOOKING AT HAVING CONVERSATIONS WITH OTHERS IN TERMS OF ECONOMISTS AND OTHERS. SO WHAT I DID TO COME UP WITH THIS FORECAST TO MAKE SURE THAT WE HAD THE $450 MILLION IN CAPACITY, IF YOU GO BACK, FOR EXAMPLE, TO 2011 THROUGH 2015, GOING BACK TO HISTORY AND YOU LOOK AT AND YOU COMPARE THAT TO '27 THROUGH '31, BASICALLY WE'RE MODELING THAT GROWTH BASED ON HISTORICAL PERFORMANCE. 
          AND THAT'S LOOKING BACK TO THAT TIME PERIOD OF 2011 THROUGH 2015, FOR EXAMPLE, I'M FOLLOWING THAT SAME PATTERN AND THAT SAME GROWTH PATTERN 
          IN TERMS OF RECOVERY FROM '27 THROUGH '31. >> WALSH: NOW, MAYOR, THE OTHER PART OF THAT IS IT'S NOT NECESSARILY A SAFE ASSUMPTION. 
          PART OF THAT -- PART OF THAT -- THOSE SCENARIOS WE WERE RESPONDING TO COUNCIL CONVERSATION ABOUT WHAT WOULD IT TAKE TO GO TO A BILLION, WHAT WOULD IT TAKE TO GO TO 1.2 BILLION THAT WAS IN THE 2022 BOND PROGRAM. 
          BUT YOU'RE EXACTLY RIGHT, GIVEN WHERE WE'RE AT RIGHT NOW, EVEN WE'RE USING THE PROJECTION, IT WOULD -- IT WOULD LIKELY REQUIRE AN ADJUSTMENT TO THAT VARIABLE RATE TO, THE DEBT SERVICE RATE, WHICH FRANKLY, I THINK IS A BIGGER ISSUE THAT -- AND WE'VE GOT ANOTHER BOND CONVERSATION SCHEDULED WITH YOU ALL ON SEPTEMBER 30TH. I MEAN, I -- WE NEED TO HEAR FROM THE GROUP, AND AS WE LAUNCH INTO A BOND PROCESS, WHICH IS A VERY LONG PROCESS AND A LOT OF COMMUNITY INPUT, THE MESSAGING AROUND THAT IS 
          IT NEEDS TO BE VERY PRECISE. >> ELLIOTT: I APOLOGIZE, MAYOR, THE OTHER THING WE WOULD ADD IS LOOKING FOR THE ASSUMPTION IN THE $450 IN BONDING WE BUILT THAT ON THAT FORECAST PERIOD GOING INTO THE 
          FUTURE. IN THE EVENT -- >> MAYOR JONES: I WANT TO CLARIFY THAT, BECAUSE YOU BUILT IT BASED ON HISTORICAL OR ERIK JUST SAID YOU BASED IT -- THAT YOU BUILT THESE BASED ON OUR REQUESTS TO SEE WHAT 
          IT WOULD TAKE TO GET. >> WALSH: NO, MAYOR. >> MAYOR JONES: GO 
          AHEAD. >> ELLIOTT: I'M TALKING. >> WALSH: HIS 450 
          SCENARIO. >> ELLIOTT: ON THE 450 WE BOTH HAD BASED ON THE HISTORICAL GROWTH AS SUMP SHUPS, COMING UP WITH OUR FORECAST PERIOD. 
          IN THE EVENT THAT -- AS I MENTIONED, PROPERTY VALUES -- AUDIO] -- FOR SOME REASON, THE VALUES DON'T COME IN AT THE LEVELS THAT WE'RE PROJECTING, THERE WOULD STILL BE THE REQUIREMENT THAT WE WOULD ADJUST OUR DEBT SERVICE TAX RATE. BEFORE WE WENT THERE, THERE WOULD BE OTHER THINGS THAT WE WOULD LOOK AT PULLING, CAN WE REFUND, CAN WE REFINANCE, CAN WE RESTRUCTURE OUR DEBT? BUT EVEN AT THAT -- OUR FORECAST PERIOD FOR THE NEXT FIVE YEARS, IN THE EVENT THAT WE MISS THOSE, THERE WOULD BE SOME ADJUSTMENT THAT WE'D HAVE TO MAKE, EITHER IN TERMS OF THE TAX RATE OR LOOKING AT HOW WE'RE 
          MANAGING OUR DEBT. >> MAYOR JONES: I DIDN'T SEE IT IN THE PRESENTATION IN HERE, BUT I ALSO DON'T WANT TO AS ASSUME, A NUMBER ON THE DOWNTOWN AMOUNT FOR THE BOND -- I KNOW YOU SAID IT WOULD BE WELL SOUTH OF 220, BUT DO WE HAVE A BETTER THE UNDERSTANDING OF WHAT THAT NUMBER IS. 
          >> WALSH: WE'RE CLOSE TO THAT, MAYOR. YOU'LL GET AT THE END OF THE MONTH. WE'VE GOT A BRIEFING SCHEDULED THE FIRST WEEK 
          IN OCTOBER. >> MAYOR JONES: END OF SEPTEMBER. 
          >> WALSH: YEAH. AND IT STILL REMAINS WELL SOUTH OF THAT NUMBER. 
          >> MAYOR JONES: IF WE DIDN'T EXTEND THE MIDTOWN TIRZ, HOW MUCH BOND 
          CAPACITY WOULD WE BUY OURSELVES? >> ELLIOTT: I'D HAVE TO GO BACK AND LOOK, MAYOR, AND HAVE TO RESPOND TO YOU SEPARATELY. 
          WE CAN BASICALLY SHOW YOU WHAT THAT WOULD BE. >> MAYOR JONES: YEAH, I THINK IT WOULD BE HELPFUL AS WE'RE THINKING ABOUT OUR DEBT MANAGEMENT PLAN, OBVIOUSLY WE'RE FOREGOING PROPERTY TAXES WITH EACH OF THE TIRZ, SO UNDERSTANDING KIND OF WHAT THOSE DECISION POINTS ACTUALLY MEAN WHEN IT COMES TO OUR DEBT MANAGEMENT PLAN WOULD BE HELPFUL. 
          I LOOK FORWARD TO GETTING THAT BACK, THANKS, TROY. >> ELLIOTT: THE ONE THING I WOULD MENTION MOSTLY THE KA P CAPACITY WOULD BE OUT IN THE 
          FUTURE SO IT WOULDN'T GENERATE ANY -- >> MAYOR JONES: FOR SOME REASON IT'S HARD TO HEAR YOU. GO AHEAD. 
          >> ELLIOTT: IT'S PROBABLY JUST ME, MAYOR. >> MAYOR JONES: OKAY. 
          >> ELLIOTT: BUT BASED ON THAT -- CREATING THAT CAPACITY IN THE FUTURE IN THE MIDTOWN TIRZ, THE MAJORITY OF THAT CAS PI COULD PROBABLY BE FUTURE CAPACITY, IT MAY GENERATE FUND BUT NOT A WHOLE LOT FOR THIS CAPACITY 
          ANALYSIS. >> MAYOR JONES: OKAY. IN GENERAL, I'D LIKE TO UNDERSTAND WHAT EACH OF THE EXTENSIONS THAT WE WE'RE ASKED TO TAKE ACTION ON ON THE TENTH, I BELIEVE, SO THE MIDTOWN, THE INNER, THE MISSION AND THE NORTHEAST, I'D LIKE TO UNDERSTAND WHAT EXTENT APPROVING THE EXTENSION OF THOSE DOES TO OUR DEBT MANAGEMENT PLAN. 
          [01:10:03]
          THANK YOU. >> ELLIOTT: UNDERSTOOD. >> MAYOR JONES: AS PART OF THAT, ACTUALLY, JUST KIND OF BIGGER PICTURE FOR... FOR ART NEXT. 
          CAN YOU HELP US UNDERSTAND HOW MANY OF THE PROJECTS THAT YOU IDENTIFIED EVEN JUST LOOKING AT STREETS AND SIDEWALKS, HOW MANY OF 
          THOSE EXIST IN A TIRZ? >> REINHARDT: I'D HAVE TO FOLLOW UP WITH YOU ON THE 
          SPECIFICS, YEAH. >> MAYOR JONES: OKAY. JUST GIVEN HOW LITTLE WE HAVE IN THE GENERAL FUND, I'D LIKE TO UNDERSTAND, I MEAN, ON THE STREETS YOU'RE LOOKING AT 129.8 MILLION, 584 MILES OF SIDEWALK, 12 MILLION. 
          22 MILES.  I'D LIKE TO UNDERSTAND HOW MUCH OF THOSE ARE IN AN EXISTING TIRZ TO BE ABLE TO SEE IF THOSE TIRZ WOULD CONSIDER FUNDING THOSE THEMSELVES, AND THEN WE CAN LOOK AT FREEING UP MONEY FOR OTHER AREAS THAT DON'T HAVE THE BENEFIT OF A TIRZ. I'D ALSO APPRECIATE UNDERSTANDING ON THE F STREET ANALYSIS, WHICH IS SUPER HELPFUL, IT'S -- WHAT IT LOOKS LIKE, THOUGH, IS THAT YOUR MORE INCREASED GRANULARITY SHOWS THAT OUR F STREETS ARE WORSE, IT'S A HIGHER PERCENTAGE OF THE STREETS. IS THAT A FAIR ASSESSMENT? 
          >> REINHARDT: WHAT WE'RE SHOWING IS PROBABLY A MORE ACCURATE REPRESENTATION OF WHAT'S OUT THERE BASED ON OUR PROJECTION. 
          >> MAYOR JONES: OKAY. SO WHEN YOU DO THE DIFFERENT PCI THEN, YOU HAVE -- YOU WENT FROM 10 TO 13. IN EACH OF THEM, IT LOOKED -- THEY ALL INCREASED, SO HIGHER PERCENTAGE OF F STREETS BASED ON THAT MORE GRANULAR ANALYSIS. DO YOU HAVE A TARGET IN MIND, I.E., YOU KNOW, WHAT WOULD YOUR PLAN LOOK LIKE IF WE SAID -- BECAUSE IT LOOKS LIKE -- WOULD YOUR PLAN LOOK LIKE IF WE SAID, HEY, OUR GOAL IS NO MORE THAN 5% F STREETS IN EACH COUNCIL DISTRICT. I'D WELCOME UNDERSTANDING WHAT THAT WOULD LOOK LIKE FROM A RESOURCE STANDPOINT. 
          AGAIN, AS WE ARE BEING CREATIVE ABOUT, ONE, UNDERSTANDING IT, BUT THEN, WHAT IT WOULD TAKE TO GET THERE AND THEN, TWO, HOW WE WOULD FUND SUCH AN APPROACH. OKAY. THOSE ARE MY BIG... JUST BECAUSE IT'S TOP OF MIND ACTUALLY, I'LL -- OBVIOUSLY CPS FUNDS THIS QUITE A BIT AS WELL, HOW DO WE COORDINATE, YOU KNOW, YOUR VEGETATION MANAGEMENT VERSUS CPS'S VEGETATION MANAGEMENT? 
          IS. >> REINHARDT: SO VERY CLOSELY, ACTUALLY. 
          WE MAINTAIN -- IN THE STREETS RIGHTS OF WAY, SO PRIMARILY FOR -- YOU'RE TALKING ABOUT TREES. SO TREES NEAR POWER LINES, WE WORK WITH CPS. 
          SO IF WE GET A CALL FROM ANYONE ABOUT A TREE AND IT'S NEAR A C POWER LINE, WE COORDINATE WITH 'EM THVMENT WE PRIMARILY WORK WITH LOW-LYING TREES. THEN WE HAVE OUR NONSERVICE ALLEYS, THOSE ARE ALLEYS THAT DON'T HAVE, LIKE, CPS SERVICE IN THE BACK, SO THEY OR THE OTHER UTILITIES WILL MAINTAIN THEIR ALLEYS AND WE'VE STEPPED UP OVER THE YEARS IS MAINTAINING THE NONSERVICE ALLEYS PAIRNLINGS THAT'S HELPFUL. WE KNOW THAT SOME OF THE DAMAGE OVER THE WEEKEND WAS DUE TO VEGETATION MANAGEMENT OR LACK THEREOF. 
          SO ON THE SLIDE -- IT TALKS ABOUT THE NUMBER OF ACRES, BUT HOW MUCH DO 
          YOU ANTICIPATE SPENDING TOWARD THAT? >> REINHARDT: YEAH. 
          JUST -- AT A A HIGH LEVEL, OUR OVERALL VEGETATION MANAGEMENT, MOWING, $6 MILLION WITH ALL THE PROGRAMS WE DO, AND THAT'S FUNDED THROUGH 
          OUR STORMWATER PROGRAM. >> MAYOR JONES: GREAT. THANK YOU. 
          OKAY. COUNCILMEMBER KAUR, PLEASE? 
          >> KAUR: THANKS, MAYOR. ART, YOU WERE AT MY BUDGET TOWN HALL LAST WEEK AND I WAS GIVEN SOME SHADE FOR CALLING OUT A FAVORITE DEPARTMENT, AND ART, I WAS REALLY LOOKING FORWARD TO THIS PRESENTATION, BOTH YOU AND MIKE, AND, OF COURSE, TROY AS WELL KILLED IT. I WAS ENGAGED THE WHOLE TIME, WHICH IS A REALLY HIGH BAR FOR ME. SO YOU DID AMAZING ON YOUR PRESENTATIONS. I LOVED THE WAY THAT YOU SHARED THE CONTENT. 
          AND I WAS REALLY LOOKING FORWARD TO HEARING THOSE UPDATES ABOUT SOME OF THE PROGRAMS THAT YOU GUYS HAVE BEEN USING FOR CONSULTANTS. 
          SO I'LL START FROM THE TOP AND THEN GET TO PUBLIC WORKS AT THE END, BUT TROY, I JUST WANTED TO SHOUT YOU OUT, SLIDE 7 IS SUCH A PRETTY SLIDE AND I JUST WANTED TO CALL ATTENTION TO HOW PRETTY THE SLIDE IS. 
          Y'ALL. LOOK AT THOSE AAA PRIME RATINGS FOR OUR PROPERTY TAX DEBT. SO I THINK WHAT I WANTED TO JUST MAKE SURE IS THAT THAT -- IF WE DO CHANGE TO ANY OF THOSE OTHER OPTIONS AT THE END, THAT THAT DOESN'T GET AFFECTED. AND SO WHEN WE DO -- I DON'T NEED THESE ANSWERS RIGHT NOW, BUT WHEN WE DO COME BACK AND DISCUSS IT AT A B SESSION, I DON'T KNOW IF YOU CAN PROJECT HOW THAT WOULD END UP CHANGING ANY OF OUR RATINGS AND ALSO GOING TO THAT LAST SLIDE WITH THE OPTIONS, IF WE COULD FIGURE OUT LIKE THE 3.5% OR THE 3.75% FOR OPTION -- OR 3, WHAT THAT LOOKS LIKE IN A YEAR WHERE WE'RE 1.5%, SO HOW 
          [01:15:05]
MUCH DOES THAT MEAN AS AN INCREASE FOR OUR RESIDENTS? DOES THAT KIND OF MAKE SENSE WHAT I'M ASKING? OKAY. 
          AND MAYBE NOT IN THE SAME CHART, THAT WE USED THE LAST TIME. 
          I THINK THAT'S MY ONLY QUESTION FOR YOU ON WHETHER OR NOT -- WHICH OPTION WE WOULD GO WITH. BUT FOR RIGHT NOW, I'M STILL LEANING TOWARDS THAT IF I CAN BETTER UNDERSTAND THE IMPACT. OKAY. 
          FOR CAPITAL DELIVERY, MIKE, I THINK YOU'RE DOING AN AMAZING JOB. 
          I WANT TO COMMEND ERIK FOR THAT DECISION, I THINK IT WAS LAST YEAR OR THE YEAR BEFORE, AND I THINK IT'S BEEN REALLY HELPFUL TO HAVE YOU GUYS WORKING REALLY COLLABORATIVELY TOGETHER. 
          YOU MENTIONED ONE PROJECT THAT WAS GETTING DONE EARLY. 
          WHICH ONE IS THAT? >> SHANNON: NO, THE ONE IN PARTICULAR WE RECENTLY COMPLETED ONE, IT WAS A STREET PROJECT DOWN IN DISTRICT FOUR CLOSE TO 
          TOYOTA. >> KAUR: LOOK AT YOU. >> SHANNON: AND WE DID SOME WORK THERE AND THEY COMPLETED EARLY ENOUGH THAT THEY ARE GOING TO GET SOME OF THAT INCENTIVE, SO WE'RE CURRENTLY THIS WEEK IN THE PROCESS OF NEGOTIATING WHAT THAT NUMBER IS. 
          THE INCENTIVES WERE DEPENDING ON HOW EARLY THEY DO IS HOW MUCH MONEY THEY CAN GET BASED ON THE BUDGET. SO MORE TO COME, THOUGH. 
          WE WANT MORE OF THOSE PROJECTS. >> KAUR: NO, I LOVE THAT. AND THANK YOU FOR SHARING. 
          I -- WE TALKED ABOUT THIS LIKE SEVERAL YEARS AGO WITH PREVIOUS MAYOR RON, AND WE HAD TALKED ABOUT THIS IS WHAT WE WANT, THIS IS WHAT THE BUSINESSES WANT, I'M REALLY GLAD THAT'S COMING INTO FRUITION. 
          ON THE OTHER HAND, I HATE THAT WE USE LOW BID AND I HATE THAT, WE WERE TALKING WITH PUBLIC WORKS THE OTHER DAY FOR A CONTRACTOR WITH SIGNS THAT'S REALLY, REALLY STRUGGLING, I DON'T KNOW IF THERE'S ANY WAY AROUND THAT. I'M JUST AIRING OUT THAT'S REALLY FRUSTRATING SOMETIMES THAT WE HAVE TO PICK THESE CONTRACTORS THAT ARE NOT PRODUCING. 
          I KNOW IT'S A TRICKY BALANCE BECAUSE WE ONLY HAVE TWO THAT CAN DO THESE SCHOOL ZONE SIGNS I'M HOPING THAT THE WORLD HERE'S US AND APPLIES TO BE CONTRACTORS, BECAUSE SOMETIMES WE DON'T HAVE A LOT OF OPTIONS. 
          THE ONLY FEEDBACK THAT I HAVE FOR CIP, I HAVE TWO QUESTIONS. 
          YOU CAN FOLLOW UP WITH THIS ON THE NEXT ONE, BUT IN THE OUTCOMES PORTION OF THE BUDGET DOCUMENT, THE 2022 BOND PROGRAM, THE GOAL FOR COMPLETION IS STILL THE SAME. NONBOND PROGRAM PROJECTS ON TIME IS INCREASING FROM 78 TO 90%, WHICH I LOVE TO SEE. AND THEN THE ATTENDEES AT PUBLIC MEETINGS IS TRIPLING WHICH IS GREAT. BUT IF YOU COULD PROVIDE SOME CONTEXT ABOUT WHY WE DON'T THINK THE 2022 BOND PROGRAM WOULD INCREASE. 
          >> 82 CAN SEE IN OUR PROPOSED BUDGET WE'VE ADDED SOME NEW PERFORMANCE METRIC. I THINK THAT'S CRITICAL. WE HAVE TO HAVE TARGETS TO SHOOT FOR AND WE STRETCHED OUT ON THOSE. I MEAN, CURRENTLY WE'RE AT ABOUT 82 PERCENT ON TIME FOR OUR 2022 BOND PROGRAMS. WE WANT TO GROW FUTURE PROGRAMS, WE WANT TO BE ABOVE 90%. 
          THAT'S A STANDARD THAT WE'RE STARTING TODAY AND MOVING FORWARD TODAY. 
          I THINK INCREASING THAT IS IMPORTANT. BUT WE ARE FOUR YEARS INTO A FIVE-YEAR PLUS CYCLE, SO WE'VE ALREADY DELIVERED A NUMBER OF PROJECTS.  WE'VE ANALYZED WHAT COULD WE DO, IF ANYTHING, TO INCREASE -- TO GET TO 90.  WE DON'T THINK WE CAN. SO WE WANT TO BE REALISTIC. WHAT I REALLY DON'T WANT DO IS GO BACKWARDS AT ALL WITH THE REMAINING PROJECTS IN '22 SO THAT'S WHY WE SET IT THAT WAY. 
          AND, AGAIN, WE ADDED SOME NEW PERFORMANCE METRICS RELATED TO OUR 
          COMMUNICATION AND OUTREACH. >> KAUR: I REALLY APPRECIATE THAT. THE LAST THING I'LL SAY IS THE ONE FEEDBACK THAT YOU KNOW I'VE ALREADY PROVIDED IS THE COMMUNICATION OF COMPLETION OF PROJECTS ESPECIALLY AS WE HEAD INTO A BOND CYCLE, WE WANT TO TELL COMMUNITY WHAT WE'RE DOING. ALSO I WENT TO SOME OF THE PARKS THAT WE COMPLETED, SO WE DID TWO IN DISTRICT ONE THIS LAST YEAR AND IT WAS DELLVIEW PARK AS A NEW BASKETBALL COURT AND A WALKING TRAILS, AND I SAW THERE'S A LOT OF MILITARY FAMILIES, I SAWMILL TEAR FAMILIES USING THEM. AND THEN I SAW RIDGE VIEW AND LELD OUT A PLAYGROUND WITH A PORTLAND LOUIE I HAD NO IDEA, IT'S AN OPEN-AIR BATHROOM, WHICH IS SUPER COOL, I THOUGHT WE SHOULD INSTALL THOSE EVERYWHERE. 
          THERE WERE SO MANY KIDS PLAYING THERE. THE MORE WE CAN SHARE REALLY GREAT PROJECTS THAT ARE COMPLETED. AND THE NEIGHBORS KNOW IT, OBVIOUSLY, THEY'RE LOVING IT AND GIVING US FEEDBACK, BUT SO EVERYONE KNOWS THEY CAN BE A PART OF THE NEXT BOND AS WELL. 
          SO PUBLIC WORKS, A COUPLE OF THINGS I HAVE, I'M EXCITED ABOUT THE DISABILITY ACCESS OFFICE JOINING YOU ALL BECAUSE I KNOW ONE OF THE BIG THINGS I ALWAYS GET COMPLAINTS ABOUT IS ADA ACCESSIBLE SIDEWALKS SO I'M HOPING THAT'S ONE THING WE CAN CONTINUE TO PRIORITIZE. 
          I KNOW YOU GUYS WENT OUT THERE AND FIXED ONE REALLY QUICKLY IN FRONT OF A SCHOOL JUST BECAUSE OF ADA ACCESSIBILITY, SO I'M EXCITED ABOUT THAT. 
          I HOPE THEY STILL HAVE A LOUD VOICE IN ALL THE CONVERSATIONS ACROSS THE CITY HOW MUCH EVER IS POSSIBLE. FOR THE S & P, I GEEKED OUT OVER THE EXPLANATION OF EXPLAINING THE DIFFERENT TYPES OF SOILS 
          [01:20:04]
AND STREETS. WHAT I -- THE NEXT THING I'M EXCITED ABOUT IS TO SEE HOW YOU GUYS PORTRAY THAT TO COMMUNITIES. IS MESSING AROUND ON THE PAVEMENT SITE, YOU CAN'T -- I CAN'T FIND PCI SCORES FOR ALL OF THE STREETS, AND SO I'D LOVE TO SEE, LIKE, HOW YOU'RE GOING TO COMMUNICATE THAT SO WE CAN SAY, THIS NEIGHBORHOOD STREET, THIS HIGH FREQUENCY STREET 
          PLUS THIS TYPE OF SOIL IS HOW WE'RE PRIORITIZING. >> REINHARDT: I'M GLAD YOU ASKED THAT BECAUSE I TOTALLY SKIPPED IT IN MY PRESENTATION. 
          THIS WEEK, ONE THING KNEW THAT WE'RE DOING THIS YEAR, ANNUALLY AS WE DEVELOP OUR IMP, WE PROVIDE PAPER MAPS. ONE THING WE WANTED TO TRY AND DO, IF IT DOESN'T GO WELL, IT'S MY FAULT, WE'RE GOING TO BE END ISING YOU ALL A LINK TO VIEW AN INTERACTIVE MAP WITH THE PROPOSED 2027SNP AND SIDEWALK PLAN. MARCOS HAS BEEN WORKING VERY HARD. 
          WE WILL HAVE ALL OF THE PCI SCORES AND SIDEWALK SCORES.  YOU CAN TURN THEM ON AND OFF. HE'S DEVELOPED READ ME FILE ON HOW TO USE THAT, SO YOU'LL BE GITING THAT. WE SHOULD BE SENDING THAT 
          OUT THIS WEEK. >> KAUR: LOOK, I ASKED FOR IT AND YOU GUYS ARE ALREADY DELIVERING ON IT. I CAN'T WAIT TO BE ABLE TO SEE THAT. WE TRACK, WHEN PEOPLE SEND US REQUESTS, WE HAVE OVER 200 REQUESTS FOR SIDEWALKS, WE THEN GO AND FIGURE OUT WHERE IS THE SIDEWALK, HOW MANY TRIP HAZARDS, ET CETERA, HOW MANY PEOPLE SUPPORT IT. 
          SO YOU'RE SAYING WE'RE GOING TO GET THE SAME FEATURE FOR THE SIDEWALKS WITH ALL THE TRIP HAZARD DATA THAT THE CONSULTANTS CREATED AND DOING THAT? 
          >> REINHARDT: THE OVERALL SIDEWALK CONDITION INDEX AND THAT'S WHAT WE'VE 
          PRESENTED PUBLICLY AS WELL. >> KAUR: THE CONSULTANTS THAT DID THAT -- 
          GOING TO BE LIVE TO THE PUBLIC, TOO? >> REINHARDT: I'LL HAVE TO FOLLOW-UP WITH THAT. IT'S MILLIONS OF DATA POINTS. 
          I'LL HAVE TO SEE HOW TO PORTRAY THAT. >> KAUR: MY CRAZY IDEA FOR THE SIDEWALK THING IS RESIDENTS COULD ACTUALLY FIGURE OUT A WAY TO TELL US IF THEY WANT THINGS FIXED. BECAUSE A LOT OF THE ISSUE I HAD SOMETIMES WITH GAP MILES IS WE'VE HAD PEOPLE, WE'VE HAD GAP MILES THAT WE'RE SUPPOSED TO DO, NO, WE DON'T WANT THAT, DON'T MESS WITH OUR VEGETATION. SO I JUST WANTED TO SEE IF THERE WAS LIKE A WAY THAT WE COULD GET SOME ENINTERACTIVITY WITH THAT SIDEWALK DATA. 
          >> REINHARDT: EVERY SIDEWALK WILL BE COLOR CODED, IT WILL CLICK IT AND IT WILL TELL THEM THEIR SCORE IS A 23. THAT SHOULD BE A GOOD INDICATOR, BUT WE CAN FOLLOW UP ON THE ACTUAL SITE. 
          >> KAUR: OKAY. THAT SOUNDS GREAT. I HAVE ONE MORE QUICK QUESTION FOR YOU. THE PERMIT FEES THAT ARE INCREASING FOR -- IT'S LIKE BASICALLY HOW MUCH YOU PAY TO, YOU KNOW, CLOSE OFF A SIDEWALK, DO WE HAVE TO, LIKE -- IS IT AN INCREASED COST OR HOW ARE WE JUSTIFYING THAT INCREASE AND WHAT IS THE IMPACT OF THAT? RIE 
          >> REINHARDT: THE COST INCREASES ARE REVENUE AND RECOVERY. 
          >> KAUR: WHAT'S THE RECOVERY PART OF IT. >> REINHARDT: COST FOR STAFF. WE HAVE TWO FOLKS THAT ARE ASSIGNED TO ACCEPTING 
          AND REVIEWING ALL THOSE TYPE OF PERMITS. >> KAUR: THANK YOU. 
          I'M SUPER EXCITED ABOUT ALL THE TRAFFIC CALMING WORK AND APPLICATION. 
          COUNCILWOMAN VIAGRAN AND I WENT TO A VERY NERDY CONFERENCE EARLIER THIS SUMMER ABOUT TRANSPORTATION AND INFRASTRUCTURE AND IT WAS A BUNCH OF COUNCILPEOPLE ACROSS THE COUNTRY LOOKING AT DIFFERENT WAYS TO ANALYZE TRAFFIC CALMING AND MARC SAID HE WAS PUTTING FUNDING IN THE TRAFFIC THIS YEAR. PEOPLE SAY PEOPLE ARE SPEEDING AND WE NEED SPEED HUMPS HOW DO WE FIGURE OUT WHAT THE ACTUAL CAR PACES ARE, THIS SOFTWARE SHOULD BE ABLE TO HELP THEM BETTER UNDERSTAND WHAT USAGE IS STREETS. I KNOW. I'M SOUNDING REALLY NERDY, BUT I'M EXCITED ABOUT ALL OF THESE THINGS BECAUSE IT'S THE NUMBER ONE THING MY RESIDENTS REALLY CARE ABOUT. AND THE LAST THING I WANTED TO SAY EXCITEMENT FOR IS THAT WE'RE GOING TO BE USING CONTRACTORS TO HELP SUPPORT WITH OUR NAMPF AND CIP.  I HAVE AN IDEA FOR CIP BUT I'LL 
          BUZZ BACK IN AND SAY IT AFTERWARDS. >> MAYOR JONES: GREAT. 
          THANK YOU. COUNCILWOMAN VIAGRAN, PLEASE? 
          >> VIAGRAN: THANK YOU, MAYOR. I WANT TO THANK YOU ALL FOR MOVING FORWARD WITH THIS BUDGET. THE INDIVIDUAL DEPARTMENTS, I WANT TO THANK ALL THE CITY DEPARTMENTS FOR THEIR HARD WORK, BUT THE THREE THAT SIT IN FRONT OF US TODAY, THIS IS THE ONE AREA, AS YOU KNOW, WHEN PEOPLE ARE TALKING ABOUT NOT RAISING PROPERTY TAXES OR CUTTING, THESE ARE AREAS WE CAN CUT. AND THAT IS WHY I WILL STATE AGAIN, I AM NOT FOR THE NO PROPERTY TAX OPTION. 
          I AM FOR THE OPTION THAT -- ACTUALLY, I'M -- MY FAVORITE OPTION IS THE OPTION WHERE WE DO RECOVERY AND WE HAVE ONE TAX RATE THIS YEAR, BUT WHAT THE CITY MANAGER AND HIS TEAM PUT FORWARD IS SOMETHING I CAN SUPPORT AND GET BEHIND, BUT I DO WANT TO KIND OF HIGHLIGHT KIND OF WHAT YOU GUYS HAVE DONE AND THE HARD WORK, AND, TROY, I APOLOGIZE FOR BEING LATE 
          [01:25:01]
AND MISSING YOUR PRESENTATION, BUT I FEEL AS IF I'VE HEARD IT SO MANY TIMES THAT I CAN GIVE IT. SO I WANT TO THANK YOU FOR MAKING EFFORTS AND YOUR TEAM AND THE FINANCE TEAM TO ENSURE THE CITY BOND RATINGS REMAIN -- WORK FOR? AND I WAS LIKE HANDS DOWN, FINANCE. 
          I WOULD TOTALLY JOIN THAT TEAM. SO IT DOESN'T MEAN Y'ALL ARE MY FAVORITE, BUT I WOULD TOTALLY JOIN THAT TEAM. 
          BECAUSE OF THE DECISIONS WE MAKE AND -- I KNOW, MIKE, I SEE -- MIKE, YOU'LL GET PROPS. BUT I REALLY WANT TO APPRECIATE THAT. 
          WE NEED TO HAVE -- WE DID JUST EXPERIENCE SEVERE ADVERSE STORM THAT WE DON'T ALWAYS GET, BUT WE SOMETIMES GET HERE IN SAN ANTONIO. AND IT AFFECTED OUR ELECTRICITY, OUR ENERGY, OUR STREET INFRASTRUCTURE, TRAFFIC SIGNALS AND DRAINAGE. THEY WERE ALL AFFECTED, AND TREES DID COME DOWN, BUT I AM NOT GOING TO SAY IT'S BECAUSE WE WEREN'T TAKING CARE OF THE VEGETATION MANAGEMENT BECAUSE I WOULD SOUND LIKE AN INSURANCE ADJUSTOR THAT IS GIVING YOU AN EXCUSE WHY I CAN'T PAY FOR THAT BROKEN FENCE BECAUSE THE TREE FELL. THIS WAS A NATURAL DISASTER AND WE MOBILIZED AS BEST WE COULD WITH OUR CITY UTILITIES TO GET THAT DOWN, BUT IN THESE BOND CONVERSATIONS AND THESE BUDGET CONVERSATIONS THAT WE HAVE A FEW DAYS LATER, WE NEED TO TALK ABOUT WHAT OUR CITY LOOKS LIKE, WHAT THE DIFFERENT DISTRICTS LOOK LIKE AND HOW WE MOVE FORWARD. 
          IN DISTRICT THREE, AS YOU KNOW, SOIL IS VERY UNSTABLE. 
          AND PECAN VALLEY, AND WE HEARD AN EARFUL AT THE TOWN HALL ABOUT PECAN VALLEY, IT --  THEY DON'T FEEL SAFE TO DRIVE. IT IS THAT ROLLER COASTER BECAUSE OF THE CLAY SOIL, BUT TO EXPLAIN TO THEM AND TAKE IT OUT TO THEM THAT THAT IS NOT A ONE BUDGET YEAR FIX THAT, IS A 20 MILLION, AT LEAST, FIX, TO GET THAT STREET. AND THAT IS WHAT WE HAVE IN THE SOUTHERN SECTOR AND THE EAST SIDE AND THE WEST SIDE OF SAN ANTONIO. 
          WE'RE LOOKING AT THESE BIG PROJECTS AND HOW WE MOVE FORWARD, AND THAT'S WHY IN THE -- WHEN WE TALK ABOUT THE FIRST PRESENTATION AND WE TALK ABOUT THE BOND PROGRAM, I AM LEANING TOWARDS THE SCENARIO 2 BECAUSE WE NEED TO MAKE THOSE NECESSARY ADJUSTMENTS FOR THE VARIABLE DEBT SERVICE RATE SO THAT WE CAN HAVE A 1.2 BILLION IN BONDING CAPACITY. 
          IT IS JUST WHAT IS NEEDED AS WE CONTINUE TO MAINTAIN AND MOVE FORWARD. BECAUSE F STREETS IN AREAS WHERE THE SOIL IS UNSTABLE, THEY NEED FURTHER EXAMINATIONS. AND THANK YOU, ART, I FEEL LIKE THIS IS A CONVERSATION WE HAD WHEN I FIRST GOT ON COUNCIL BEFORE YOU LEFT, AND NOW YOU'VE RETURNED AND YOU'RE LIKE, I HEARD YOU SAY THAT WE NEEDED TO DO SOMETHING BETTER WITH THE F STREETS. 
          AND I REALLY LIKE IN TERMS OF THE SIDEWALK STRUCTURE, TOO, BECAUSE DISTRICT THREE HAS F STREETS AND WE HAVE SIDEWALK GAPS AND WE HAVE AWFUL SIDEWALKS, IS THAT THAT TRIP OBSTRUCTION, BECAUSE THAT IS A LOT OF TREES, THAT IS A LOT OF ISSUES THAT WE HAVE HERE. 
          SO I DO HAVE A FEW QUESTIONS. AGAIN, THANK YOU FOR YOUR EFFORTS, BUT, TROY, IF YOU COULD -- WHEN WE TALK ABOUT THE BOND -- AND I KNOW I ASKED FOR A COMPARISON, WHICH I KNOW WE'RE GOING TO GET, AND I THINK BUDA JUST RAISED THEIR TAXES AROUND THE PROPERTY TAXES, CAN YOU GET US WHAT OTHER TEXAS CITIES DO ON THEIR BOND RATING, IF THEY USE THE VARIABLE DEBT SERVICE TAX RATE, CAN YOU GET A COMPARISON FOR THAT? 
          >> ELLIOTT: I CAN -- I DON'T KNOW WHAT THE CORRELATION'S GOING TO BE BETWEEN THEIR BOND RATING AND THE VARIABLE TAX RATE. 
          I DO HAVE AND I CAN SHOW YOU WHAT OTHER PEER CITIES ARE DOING IN TERMS OF THEIR TAX RATE IF YOU'RE INTERESTED IN THAT AS WELL, I HAVE THAT WITH 
          ME TODAY. >> VIAGRAN: OKAY. YOU WANT TO SHOW IT. 
          >> ELLIOTT: IF YOU'D LIKE, I CAN. WE KIND OF USE AS OUR PEERS, SAN ANTONIO, EL PASO, DALLAS/FORT WORTH, CORPUS CHRISTI, HOUSTON AND AUSTIN. WHEN IT COMES TO THE DEBT SERVICE TAX RATES, YOU CAN SEE SAN ANTONIO BEING THE RED LINE. DOWN BELOW, YOU HAVE DALLAS AS THE O LINE, FORT WORTH IS THE BLUE, HOUSTON, PURPLE AND AUSTIN IS THE BOTTOM. THAT LINE REPRESENTS THE FLUCTUATIONS IN THEIR TAX RATES. YOU CAN KIND OF SEE WHICH CITY -- -- AND THE OTHER ONE IS CORPUS CHRISTI ARE RELATIVELY FLAT. 
          YOU HAVE EL PASO AS THE TOP LINE AND YOU CAN SEE HOW THEIRS HAS BEEN DECLINING OVER TIME. SO COMPARED TO OUR PEER CITIES, REALLY LOOKING AT THEM, CORPUS AND SAN ANTONIO ARE THE ONES THAT MANAGE A CONSTANT 
          [01:30:03]
LEVEL TAX RATE. NOW, THIS IS INTERESTING AS WELL, AND I'LL SHOW YOU THE NEXT SLIDE, BECAUSE IF YOU KEEP IN MIND KIND OF -- YOU LOOK AT THOSE CITIES WHOSE DEBT SERVICE TAX RATES ARE LOWER, AND YOU COMPARE THAT TO THEIR TAXABLE ASSESS VALUATIONS, THOSE HAVE A LOWER TAX RATE, TYPICALLY HAVE A HIGHER TAXABLE ASSESSED VALUATION. 
          SO THEY'RE APPLYING A LOWER TAX RATE TO HIGHER TAX VALUE, PRODUCING COMPARABLE LEVELS OF DEBT. SO THAT KIND OF GIVES YOU AN IDEA OF OUR PEER CITIES KIND OF THROUGH A LENS OF WHAT THEIR TAX IS AND ALSO WHAT THEIR TAXABLE ASSESSED VALUES ARE AS WELL. 
          I CAN GO BACK AND LOOK, I DON'T KNOW IF WE'RE GOING TO BE ABLE TO DRAW AN APPLES AND APPLES COMPARISON BASE ON THIS BECAUSE THERE ARE A LOT OF OTHER VARIABLE THAT'S GO INTO A CREDIT RATING OTHER THAN THEIR RATES. 
          >> VIAGRAN: OKAY. I WOULD LIKE TO SEE OUR PEER CITIES CREDIT RATING ALSO, TOO. SO THANK YOU. THANK YOU. 
          THAT'S A GOOD THING TO TAKE INTO CONSIDERATION AS WE TALK ABOUT THE BOND PROGRAMMING, BUT I DO WANT TO BRING UP, MIKE, BECAUSE I DIDN'T WANT YOU TO FEEL FORGOTTEN SH AND YOU KNOW WHAT QUESTION I'M GOING TO ASK YOU, CAN YOU SHARE THE STATUS OF THE SUBSTATION BEING BUILT IN DISTRICT THREE? 
          >> SHANNON: IT'S ON SCHEDULE TO BE DELIVERED THE END OF THE SPRINGTIME NEXT YEAR. I THINK ONE OF THE SLIDES, I FORGET WHICH ONE IT WAS, HAD A PICTURE OF US POURING THE FOUNDATION FOR THE -- THAT WAS A BIG MOMENT, I THINK A MONTH OR SO AGO. SO WE ARE ON TRACK AND ON SCHEDULE, SO WE'RE EXCITED ABOUT THAT ONE. THAT'S ONE OF OUR CRITICAL VERTICAL PROJECTS, PUBLIC SAFETY, OF COURSE. 
          AND -- BUT BY THE END OF THE SPRING NEXT YEAR, SO AROUND THE MAY/JUNE TIME 
          FRAME. >> VIAGRAN: THANK YOU. I DO WANT TO GIVE A SHOUTOUT TO YOUR TEAM AT CAPITAL DELIVERY BECAUSE WE'VE HAD A LOT OF RIBBON CUTTINGS, WE'VE HAD A LOT OF OPENINGS AND IT IS GOOD TO SEE PROJECTS THAT WE STARTED IN THE LAST BOND GETTING COMPLETED AND THE NEIGHBORS IN THE COMMUNITY CONTINUE TO UTILIZE THOSE ASSETS AND THOSE RESOURCES. 
          AND IT CONTINUES TO HELP BUILD COMMUNITY. SO THE FINAL QUESTION I HAVE IN TERMS OF THE -- ART, AGAIN, GOES BACK TO THOSE TRIPS AND OBSTRUCTIONS WITH THE SIDEWALK GAPS. -- OR WITH THE SIDEWALKS. IS THERE GOING TO BE  AND OPTION, AS WE MOVE FORWARD, AND HOW -- IF YOU COULD GIVE US LATER IN THE DAY, HOW THAT WOULD IMPACT THE BUDGET, IF THERE ARE JUST SOME AREAS THAT HAVE HERITAGE TREES AND WHAT WE WOULD NEED TO DO TO KIND OF FIX THAT AREA TO MAKE IT WALKABLE. AND I KNOW -- I'M THINKING SPECIFICALLY IN THE HIGH LAND HILLS, PECAN VALLEY AREA,  WE HAVE THOSE -- THOSE OBSTRUCTIONS, THE SIDEWALKS ARE SOMETIMES VERTICAL, WHAT IT FEELS LIKE, AND IS THERE ANY WAY -- BECAUSE I'M HEARING FROM OUR NEIGHBORS, WE CAN KIND OF GET AN ASSESSMENT ABOUT HOW MUCH THAT WOULD COST. BECAUSE NOT ONLY DOES IT LOOK AT, LIKE, TAKING OUT THE SIDEWALK AND MAKING A BIGGER THING, BUT IT MAY ACTUALLY THEN IMPACT THE STREET AND WHAT WE'D HAVE THERE ALONG THE STREET. SO IS THERE A PLAN FOR US TO TAKE A LOOK AT THAT AND SEE WHAT SORT OF BUDGET IMPACTS THAT WOULD HAPPEN? BECAUSE I KNOW THAT'S SOME OF THE REASON SOME OF MY SIDEWALKS DO NOT GET REPAIRED IS BECAUSE OF THAT. 
          >> REINHARDT: I THINK, COUNCILWOMAN, THE WAY WE'RE TRYING TO APPROACH THIS YEAR'S BUDGET WITH THE DATA NOW IS LIKE I MENTIONED, WE'RE SETTING ASIDE 10% OF THE SIDEWALK FUNS SPECIFICALLY FOR THIS TRIPS AND OBSTRUCTIONS. THE TRIPS ARE THINGS THAT WE CAN GO OUT AND BASICALLY SHAPE -- DATA, AND THAT'S SOMETHING MAYBE WE AS WE WORK THROUGH THE YEAR, WE CAN PROVIDE INFORMATION ON, BECAUSE IT DOES GET CHALLENGING. 
          NOT ONLY DO YOU HAVE TO WORK AROUND THE TREE, BUT SOMETIMES THERE'S NOT MUCH ROOM IN THE RIGHT OF WAY. AND IF WE WANT TO TRY TO MOVE THE SIDEWALK AROUND THE RIGHT OF WAY, THEN WE COULD BE IN A POSITION WHERE WE HAVE TO LOOK AT ACQUIRING EASEMENTS OR THINGS. 
          IT'S A LITTLE MORE CUMBERSOME. SO I THINK -- AUDIO] -- KIND OF UNDERSTAND AT A HIGH LEVEL WHAT THAT WOULD 
          LOOK LIKE. >> VIAGRAN: THANK YOU. I'LL BE WORKING WITH YOU AND YOUR TEAM ON THAT. THANK YOU. THANK YOU, MAYOR. 
          >> MAYOR JONES: GREAT. THANK YOU. AND JUST TO LEVEL SET, JUST BASED ON WHAT THE COUNCILWOMAN SAID, THIS ALL ASSUMES THE 8.3% INCREASE OVER THE THREE YEARS, CORRECT, THE BUDGET AS PROPOSED. 
          >> WALSH: YOU'RE TALKING ABOUT THE OPERATING SIDE, MAYOR. 
          >> MAYOR JONES: YES. >> WALSH: WELL, WHAT ART PRESENTED AND PUBLIC WORKS IS JUST FY '27. HE DID NOT ASSUME ANY FY '28. 
          >> MAYOR JONES: IN TERMS OF THE PROPERTY TAX INCREASE THAT YOU, THE THREE-POINT NIENDZ% AND THE FOUR% THEY'RE OPERATING OFF OF THAT 
          APPROVING THE RECOMMENDED BUDGET, CORRECT. >> WALSH: THEY'RE 
          [01:35:02]
          OPERATING ONLY ON FISCAL YEAR '27. >> MAYOR JONES: UNDERSTOOD. 
          >> WALSH: WHICH DOES NOT ASSUME '28. HE DOES -- WE'LL HAVE A 
          WHOLE NOTHER BUDGET FOR '28. >> MAYOR JONES: UNDERSTOOD. 
          BUT YOU BALANCE ACROSS THE TWO, SO WE HAVE TO KIND OF KEEP THAT IN MIND AS WE ARE LISTENING TO -- IN THE SAME WAY THAT YOU'RE PROPOSED BALANCE IS BY CUTTING THE 5 MILLION OUT OF THE DELEGATE AGENCIES, THESE PROJECTS -- THIS -- THIS ASSUMES AT THE VERY LEAST THE 3.9% IN '27, WHAT 
          THEY'VE PRESENTED TODAY. >> WALSH: THE 3.9%, YES, MA'AM. 
          >> MAYOR JONES: SO IF YOU WOULD, JUST ART AND MIKE, PLEASE COME UP HERE, BECAUSE I THIS GOING TO INFORM SOME OF MY OTHER COLLEAGUE'S COMMENTS, IF THERE'S NO PROPERTY TAX INCREASE, WHAT DOES THAT DO TO THE BUDGET THAT YOU 
          PRESENTED TODAY? >> IF IT DOESN'T INCLUDE 3.9%, IT'S PROBABLY GOING 
          TO IMPACT THESE TWO GUYS. >> MAYOR JONES: UNDERSTOOD. 
          BUT I DO WANT TO HEAR IT DIRECTLY FROM THESE CONSIDERING THERE'S GREAT 
          INTEREST IN THESE PROJECTS. >> SHANNON: MAYBE I DIDN'T TOUCH UPON IT ENOUGH IN MY PRESENTATION. 
          SO I'M FUNDED OUT OF THE CMS FUND, IT'S A RESTRICTED FUND, IT'S NOT GENERAL FUND, SO I KNOW A LOT OF THAT CONVERSATION THAT YOU'VE BEEN HAVING IS BAITIONED ON THAT. I KNOW ART HAS A LITTLE BIT OF THAT. 
          BUT MINE ARE APPROVED CAPITAL PROJECTS THROUGH EITHER THE BOND OR PREVIOUSLY APPROVED BUDGETS. FEW OF THEM ARE ON THIS 
          CAPITAL BUDGET, SO IT'S NOT IN THE GENERAL FUND. >> WALSH: AND MAYOR, THE FISCAL YEAR '28 PLAN MADE NO CUTS OR REDUCTIONS, PROPOSED RECONSTRUCTIONS, AS PART OF THAT PLAN -- REDUCTIONS AS PART OF THAT PLAN IN THE PUBLIC 
          WORKS DEPARTMENT. >> MAYOR JONES: OKAY. SO THAT WAS MIKE. 
          ART, WOULD YOU PLEASE EXPLAIN WHAT IT WOULD LOOK LIKE IN YOUR BUDGET, 
          PLEASE? >> REINHARDT: SO I -- WHAT WE PRESENTED IS CONSISTENT WITH THE PROPOSED BUDGET. BASED ON THE SCENARIO THAT WAS RUN, IF THERE WERE NO TAX INCREASE, THERE WERE TWO ADDITIONAL REDUCTIONS.  ONE OF THOSE WAS REDUCING OUR PAVEMENT MARKINGS, WHICH IS CURRENTLY FUND AT 11.3 MILLION. AND IT WOULD BE REDUCING IT BY ABOUT $3 MILLION, AND THAT WOULD TAKE IT TO A FIVE-YEAR CYCLE. 
          AND THEN THE SECOND ONE WAS A POTENTIAL REDUCTION FOR THE NONSERVICE ALLEY 
          PROGRAMS. >> MAYOR JONES: SORRY, FOR WHATEVER REASON, IT'S REALLY HARD TO HEAR YOU TODAY. WHAT WAS THE LAST ONE. 
          >> REINHARDT: NONSERVICE ALLEYS. >> MAYOR JONES: THANKS. 
          COUNCILMEMBER WHYTE, PLEASE? >> WHYTE: THANKS, MAYOR. 
          THANK YOU ALL FOR THE PRESENTATIONS. I'LL START WITH THE DEBT MANAGEMENT PLAN. THE CITY HAS MAINTAINED THE 21-POINT -- AUDIO] -- COUPLE OF DECADES OF MAINTAINING THIS CONSISTENT RATE. 
          ON SLIDE 12, IT SAYS THAT THE CITY HAS HISTORICALLY STRUCTURED ITS BOND PROGRAMS AROUND MAINTAINING A FIXED DEBT SERVICE RATE. 
          SO WHY IN THE HECK NOW WE WOULD CHANGE THAT TO TRY TO HAVE A BIGGER BOND, I DON'T UNDERSTAND. WE NEED TO MAINTAIN FISCAL DISCIPLINE, WE NEED TO LIVE WITHIN OUR MEANS AND UNDER NO CIRCUMSTANCES SHOULD WE BE RAISING THE TAX RATE ON THE CITIZENS OF SAN ANTONIO SIMPLY BECAUSE WE WANT TO GO SPEND MORE MONEY ON PROJECTS ALL AROUND THE CITY. I THINK IT'S A BAD IDEA, AND SO I AM -- I AM NOT IN FAVOR OF THE VARIABLE RATE AND ANY CHANCE THAT WE COULD RAISE THE TAX RATE ON OUR RESIDENTS. IN TERMS OF THE CAPITAL DELIVERY PROGRAM, HAS THIS NEW DEPARTMENT HELPED US START TO GET PROJECTS DONE ON TIME, ON BUDGET AND WITH MORE ACCOUNTABILITY MAYBE THAN 
          WE HAD BEFORE? >> SHANNON: UNEQUIVOCALLY YES. 
          I THINK WE HAVE PERFORMANCE METRICS THAT SHOW THAT AND ACTUALLY WE'RE PUTTING TARGETS IN FRONT OF US FOR FUTURE PROJECTS THAT ARE MORE ON TIME, MORE UNDER BUDGET AND BETTER COMMUNICATION WITH OUR STAKEHOLDERS. 
          >> WHYTE: I DO WANT TO THANK YOU, WHILE YOU'RE UP HERE, FOR THE PROJECT YOU'RE DOING AT OUR NORTHEAST SENIOR CENTER. AND SPEAKING OF ON TIME, THAT ONE LOOKS LIKE IT'S WELL AHEAD OF SCHEDULE. SO REALLY APPRECIATE THE EFFORTS -- THE EFFORTS THERE. I DO HAVE -- I GUESS MY QUESTION WOULD BE CAN WE GET A LIST OF PROJECTS WITH PROJECTED COCOSTS, 
          [01:40:01]
YOU KNOW, START TO FINISH, WHERE IT WAS SUPPOSED TO END, WHEN IT ENDED, HOW MUCH IT WAS SUPPOSED TO COST, WHAT IT ACTUALLY COST? IS THERE ANY WAY WE CAN GET THAT SORT OF A LIST OF THE MAJOR CAPITAL PROJECTS FOR THE LAST FEW YEARS SO WE CAN SEE HOW WE'RE DOING? 
          >> SHANNON: WE CAN CERTAINLY GET THAT TO YOU. 
          >> WHYTE: OKAY. THAT WOULD BE GREAT. THE NEXT QUESTION IS, WHEN PROJECTS DO FALL BEHIND SCHEDULE, WHAT ARE -- WHAT ARE -- IN YOUR OPINION, WHAT ARE THE TYPICAL CAUSES FOR WHY THINGS END UP RUNNING 
          BEHIND? >> SHANNON: TYPICAL CONSTRUCTION DELAYS, WEATHER COULD BE ONE OF THEM. WE ANTICIPATE A CERTAIN AMOUNT OF WEATHER DAYS OR WEATHER DELAY DAYS IN A PROJECT. 
          IF THAT GETS EXCESSIVE IN ANY MONTH, THAT COULD PUSH A SCHEDULE THROUGH NO FAULT OF THE CONTRACTOR. WE DO HAVE WAYS TO TRY TO PULL THAT BACK IN WITH THE CONTRACTOR, WHETHER IT'S THROUGH OUR CONTRACT OR SOME INCENTIVE. OTHERS COULD BE UNFORESEEN CIRCUMSTANCES. WE TALKED ABOUT UTILITIES UNDERNEATH. 
          WE HAVE A LOT OF OUR STREET PROJECTS OR ANY PROJECT IF THE UTILITIES WEREN'T ARE THE AS BUILT DOCUMENTS, THAT IS AN UNFORTUNATE CONDITION WHERE WE HAVE TO REDESIGN. PART OF MY CONVERSATION WAS EARLIER WE NEED TO PUT MORE EMPHASIS AND THE DESIGN STAGE MAKING SURE OUR AS-BUILT DESIGNS IN OUR UTILITIES ARE MORE ACCURATE. 
          WE'RE IN DOWNTOWN, SAN ANTONIO, FOR EXAMPLE, WE HAVE WATERLINES AND SEWER LINES AND ET CETERA, CPS VAULTS THAT ARE 100 YEARS OLD, BUT WE NEED DO A BETTER JOB OF THAT, SO THAT CAN CAUSE A DELAY, AND HAS. 
          THOSE ARE SOME OF THE THINGS WE'RE ATTACKING PROACTIVELY ON FUTURE 
          PROJECTS, BUT WE DEAL WITH THEM DAY-TO-DAY. >> WHYTE: YOU MENTIONED THE UTILITIES. WE DID THAT MOU WITH SAWS, I DON'T KNOW, WAS 
          THAT A YEAR OR SO AGO AT THIS POINT. >> WALSH: ABOUT 18 MONTHS 
          AGO. >> WHYTE: HAVE WE HAD ANY PROJECTS WITH THE SUBSTANCE OF THAT MOU HAS COME INTO PLAY AND HAS IT IMPROVED THINGS? 
          >> WALSH: YEAH I US WITH GOING TO MENTION THE MARBACH PROJECT WHICH IS -- WHICH MIKE PRESENTED THAT THE INSTANCE OF THAT MOU SAID THAT WE WERE GOING TO WORK WITH SAWS TO IDENTIFY THOSE HIGH-RISK PROJECTS. THEY -- SAWS IS NOW A SIGNATORY TO THE CONTRACT, THE CONSTRUCTION CONTRACT, WHERE BEFORE WE WERE TAKING ON THE ENTIRE BURDEN, AND IN PARTICULAR AROUND MARBACH, SAWS IS RESPONSIBLE FOR DOING ALL THE UNDERGROUND NECESSARY WORK BEFORE WE GO IN AND DO THE SURFACE LEVEL. SO THAT'S PROBABLY OUR LARGEST EXAMPLE RIGHT 
          NOW. >> WHYTE: YEAH. >> WALSH: AND THERE ARE PLENTY -- THERE ARE A LOT MORE -- THERE AREN'T VERY MANY HIGH-RISK CONTRACT -- OR HIGH-RISK PROJECTS WITH SAWS. THEY ARE DOWNTOWN RELATED, THEY ARE MAYBE DRAINAGE RELATED AROUND SOME OF THEIR INFRASTRUCTURE. THE VAST MAJORITY OF THE PROJECTS NOW THAT EITHER SMP OR IMP PROJECTS OR THEY'RE BOND PROJECTS ON STREETS, WE DON'T REALLY -- HAVEN'T SEEN THAT CONFLICT ON THE UTILITY SIDE. 
          >> WHYTE: OKAY. WELL, THAT'S GOOD TO KNOW. 
          AND LAST QUESTION FOR YOU, MIKE," WHEN WE APPROVE A  CAPITAL PROJECT, DO WE CALCULATE WHAT THE ASSET IS GOING TO COST THE CITY OVER TIME WITH MAINTENANCE, REPAIRS, EVENTUAL REPLACEMENT AND ALL OF THAT? IS THAT PART OF THE ANALYSIS AT ALL. 
          >> WALSH: WE DO THAT FOR VERTICAL PROJECTS. SO FOR LIBRARIES OR POLICE SUBSTATIONS OR FIRE STATIONS, THE OPERATING EXPENSE ASSOCIATED WITH THAT GETS BUILT INTO THE FIVE-YEAR FINANCIAL FORECAST. 
          DRAINAGE PROJECT, THAT USUALLY SAVES THE LONG-TERM COST FOR MAINTENANCE BECAUSE WE HAVE A NEWER INFRASTRUCTURE PRODUCT. 
          THE ONE -- THE ONE ELEMENT, THOUGH, WE ARE ADDING WHEN WE DO COMPLETE STREETS, SOME OF THE DOWNTOWN PROJECTS THEY INCORPORATE NOT JUST THE STREETS AND TRAFFIC AND BIKE LANES AND OTHER THINGS, YOU'LL HAVE SOME VEGETATION TO BRING THAT INTO IT, SO THERE'S SOME MAINTENANCE COSTS THAT ARE NOW FACTORED INTO THAT AS WE MOVE FORWARD, YOU HAVE TO MAINTAIN THAT VEGETATION LIKE YOU SEE IN SOME OF THESE COMPLETE STREET PROJECTS. 
          >> WHYTE: OKAY. THANKS. FOR PUBLIC WORKS, I MEAN, LISTEN, THIS IS WHAT -- YOU KNOW, AGAIN, I THINK IT'S PUBLIC SAFETY AND IT'S INFRASTRUCTURE. THAT'S WHAT CITY GOVERNMENT IS ABOUT, ALONG WITH SOME ECONOMIC DEVELOPMENT. WE GET PROBABLY THE MOST CALLS ON PUBLIC WORKS ISSUES, STREETS, SIDEWALKS, TRAFFIC SIGNALS, DRAINAGE, BASIC MAINTENANCE, SO, ART, APPRECIATE WHAT YOU'RE DOING. HERE'S -- HERE'S MY QUESTION ON THIS:  AND I'M NOT SURE WHICH SLIDE THIS IS, BUT THE ONE -- THE REDUCTIONS AND THE 
          REVENUES SLIDE. >> REINHARDT: YEAH. SO -- 
          [01:45:07]
          >> WHYTE: AND, AGAIN, A COUPLE OF US SIGNED A MEMO ON A NEW SORT OF BUDGET BOOK AND I, AGAIN, WANT TO REFERENCE THAT THIS YEAR, BECAUSE DALLAS IN PARTICULAR, IN THEIR BUDGET BOOK, THEY SHOW WHAT THE COST OF THE -- PROVIDING THE SERVICE IS AGAINST THE FEE THAT'S BEING CHARGED TO THE RESIDENTS, RIGHT? SO THAT WE CAN SEE IF -- IF WE'RE RECOVERING ALL OF OUR COSTS OR IF THERE'S STILL ROOM TO RECOVER MORE. 
          AND SO I DO HAVE THAT QUESTION ON THAT SLIDE WHERE WE'RE CHARGING -- WHERE WE'RE CHARGING THESE FEES HERE, IS THERE MORE ROOM TO GO? COULD WE INCREASE THOSE IF WE WANTED TO TO CREATE MORE REVENUE OR NOT? 
          >> REINHARDT: I'LL ANSWER THIS, I'LL START WITH THE RIGHT OF WAY FUND. 
          SO, AGAIN, THE RIGHT OF WAY FUND IS ITS OWN FUND. 
          THE FEE INCREASE HERE IS REALLY TO HAVE A SELF-SUPPORTING FUND. 
          THERE'S ABOUT 40 POSITIONS OR SO THAT ARE SUPPORTED BY THAT FUND. 
          SO THAT SUPPORTS THE COST RECOVERY THERE. THE TOP TABLE IS A GENERAL FUND, SO OBVIOUSLY THERE'S A LOT THAT GOES INTO THE GENERAL FUND, BUT THESE ARE JUST PERMITS THAT WE MANAGE. 
          >> COUNCILMEMBER, WE HAVE A REVENUE MANUAL THAT LISTS ALL OF OUR PERMIT AND FEES AND WE'LL BE WORKING ON INCLUDING THE COST OF SERVICE FOR 
          THAT. >> WHYTE: IS THERE ANY SORT OF POLICY WE HAVE ON HOW MUCH WE CHARGE ON THE FEES VERSUS THE COST OF SERVICE, DO WE GO ALL THE WAY TO RECOVER THE FULL COST OF SERVICE, IS THERE SOME ROOM THERE? 
          >> WALSH: IN MOST CASES THERE'S A WHOLE BUNCH IN THIS PROPOSED BUDGET WHERE WE'RE MOVING TO 100%, THERE ARE A COUPLE OF EXAMPLES WHERE WE FELT LIKE IN THE PROPOSED BUDGET IT WAS TOO STEEP OF AN INCLINE TO GO 
          IMMEDIATELY. >> WHYTE: YEAH. >> WALSH: AND SO THE REVENUE MANUAL PART THAT JUSTINA'S TALKING ABOUT, YOU'LL SEE ON THERE THE PERCENTAGE OF COST OF SERVICE. AND IN SOME CASES, WE 
          JUST FELT LIKE. >> WHYTE: IT WAS TOO MUCH. 
          >> WALSH: IF IT HAD N BEEN ADJUSTED IN 10 YEARS AND GOING 100% IN ONE 
          YEAR MIGHT BE TOO STEEP OF A JUMP. >> WHYTE: I THINK THAT IS SOMETHING WE SHOULD LOOK AT. I KNOW THE COUNCILWOMAN HAS TALKED ABOUT SPEEDING TICKETS. I TALKED WITH COUNCILWOMAN KAUR EARLIER ABOUT POTENTIAL OTHER AREAS ON FEES. 
          I'M NOT SUGGESTING -- 
          >> MAYOR JONES: THANK YOU. COUNCILMEMBER GALVAN, 
          PLEASE? >> GALVAN: THANK YOU, MAYOR. 
          THANK YOU TO THE TEAM FOR THE PRESENTATIONS TODAY. TROY AND MIKE, YOU GET TO SIT BACK FOR A SECOND. ART, I'M SORRY, ALL THE QUESTIONS FOR YOU THIS ROUND. BUT FIRST I WANT TO SAY, ART, THANK YOU AND YOUR TEAM. EVERYONE AT PUBLIC WORKS FOR ALL THE WORK THAT THEY DID OVER THIS WEEKEND TO HELP OUT WITH ADDRESSING ALL THE DAMAGE THROUGHOUT THE ENTIRE CITY. IT'S CLEAR TO ME AND BEEN CLEAR TO EVERYBODY IN OUR CITY, RIGHT, THAT THE IMPORTANCE OF HAVING A WELL STRUCTURED PUBLIC WORKS TEAM, PUBLIC WORKS SYSTEM IN OUR CITY MEANS THAT WE CAN TAKE CARE OF EMERGENCIES LIKE THAT WITHOUT FOLKS HAVING TO WAIT TOO, TOO LONG. OF COURSE WE WANT THINGS TO GO SOONER BUT I REALLY APPRECIATE ALL THE WORK THAT YOU AND YOUR TEAM DID SPENDING TIME OUT IN THE COMMUNITY TO GET PEOPLE BACK ONLINE. JUMPING INTO TRAFFIC SAFETY AND OPERATIONS, VERY EXCITED TO SEE THE TACTICAL BUILD THERE. 
          VERY SUPPORTIVE OF IT. I WANT TO ASK SOME QUESTIONS ABOUT THE IMPLEMENTATION OF IT. WHAT IS THE QUALIFYING PROJECT FOR THAT, WHAT DOES IT LOOK LIKE TO QUALIFY FOR THAT? IS IT SOMETHING A RESIDENT CAN REQUEST? IS IT SOMETHING THAT IS DONE THROUGH THE REGULAR 
          [INDISCERNIBLE] >> REINHARDT: YES, COUNCILMAN. 
          THE NEW TRAFFIC SAFETY OPERATIONS PROGRAM PRIMARILY IS THE RESIDENT AND STAFF DRIVEN PROCESS. AS -- THE GOAL IS AS WE'RE EVALUATING THROUGH REQUESTS, IDENTIFYING POTENTIAL AREAS THAT WE CAN IMPLEMENT SOMETHING VERSUS MAYBE PUTTING IT ON A SHELF AND WAITING FOR A CAPITAL PROJECT. SO THAT'S HOW WE'RE GOING TO TREAT IT. 
          WE'LL BE LOOKING AT INTERSECTION SAFETY IMPROVEMENTS LIKE THE EXAMPLE I SHOWED OR EVEN THE CORRIDOR TYPE THING SO THAT'S HOW WE'RE GOING 
          TO HANDLE THIS PROGRAM. >> GALVAN: GREAT. I THINK IT'S ALWAYS IMPORTANT HOW WE CAN MAKE THIS WORK INTO THE WORK WE DO ALREADY SO GRATEFUL TO SEE THAT. [INDISCERNIBLE] WITHIN A SPECIFIC TEAM WITHIN PUBLIC WORKS OR IS IT ALREADY JUST THE PEOPLE ALREADY DOING THIS WORK. 
          >> REINHARDT: THIS WILL FALL INTO [INDISCERNIBLE] 
          >> GALVAN: WILL IT UTILIZE THE NAMPF CONSULTANT FUND THAT WE 
          TALKED ABOUT. >> REINHARDT: NO, IT'S ON THE SLIDE. 
          I DIDN'T REALLY MENTION IT, THERE'S A SEPARATE ONE-TIME $500,000 FUND THAT WILL HELP WITH SOME OF THE CONCEPT DESIGNS AND EVALUATIONS TO GET THESE THINGS DONE QUICKER. SO IN ANOTHER EXAMPLE, IF WE GET A REQUEST FOR AN ALWAYS STOP AND WE DO THE ANALYSIS AND IT DOESN'T MEET THE STATE AND FEDERAL CRITERIA, TYPICALLY WE'LL -- THAT'S 
          [01:50:03]
WHERE IT ENDS, RIGHT, BUT THROUGH THIS, WE MAY HAVE ANOTHER TOOL THAT REALLY THE S ISSUE IS WE CAN PUT SOME PAVEMENT MARKINGS OR SOMETHING, SO 
          WE'LL DEPLOY SOMETHING THERE. >> GALVAN: PERFECT. 
          PUBLIC WORKS HAVE THE SUPPLIES NEEDED FOR SOME OF THESE TACTICAL BUILD? AND I ASK THAT BECAUSE I'M WONDERING DO WE HAVE THE MATERIALS TO DEPLOY PLANS, WHATEVER IT MAY BE, OR ARE WE GOING TO HAVE TO ORDER THEM UPON 
          THE TRAFFIC CALMING STUDY? >> REINHARDT: PRIMARILY WE'LL BE USING ON-CALL CONTRACTORS. AS WE GROW THE PROGRAM WE MAY SWITCH AND PURCHASE MORE AND DO SOME OF IT IN-HOUSE, BUT FOR THIS INITIAL PROGRAM WE'LL BE USING OUR ON-CALL CONTRACTORS. 
          >> GALVAN: GOT IT. THANK YOU FOR THAT. ANOTHER BIG PART OF THIS, I WANTED TO ASK ON THE SMP WORK, VERY EXCITED ABOUT THAT AS WELL, EXCITED TO SEE THAT FURTHER DATA THAT WILL HOPEFULLY ADDRESS A LOT OF THE NEEDS IN OUR COMMUNITY. I DO WANT TO ASK HOW IS THE SMP GOING TO INCORPORATE ENVIRONMENTAL RESILIENCY GOALS OR DESIGNS WITHIN OUR WORK, VISION ZERO, OF COURSE COMPLETE STREET POLICIES AND EVEN LIFE CYCLE COST EVALUATIONS I THINK THAT COUNCILMAN WHYTE WAS TALKING ABOUT WITH CAPITAL DELIVERY, ALL THOSE FACTORS FACTORED INTO THIS REVIEW WITH STREET MAINTENANCE AS WELL? 
          >> REINHARDT: SO THE STREET MAINTENANCE PROGRAM IS PRIMARILY MAINTENANCE. YOU ASKED ABOUT RESILIENCY. 
          ONE OF THE THING ANTHONY C HAS DONE AND HIS TEAM OVER THE LAST FEW YEARS IS IMPLEMENT COOL PAVEMENT PROJECTS. I THINK WE'RE SOMEWHERE AROUND 25 MILES OR SO OVER THE LAST FEW YEARS. WE'VE DONE SOME ANALYSIS WITH UTSA, WE'VE PROVEN THAT IT LOWERS SURFACE TEMPERATURES BY -- IN AUDIO] -- MEASURING WHAT'S THE EFFECT IN AND NEAR THE HOUSES. 
          WE'RE ALSO LOOKING AT USING MORE MIXED ASPHALT. 
          WE HAVE BEEN USING THAT. AND THAT'S A STANDARD NOW. 
          A FEW OTHER THINGS. AND, OF COURSE, WE ARE -- GREAT EXAMPLE IS IN DISTRICT ONE FOR TRAFFIC SAFETY WHERE WE JUST DID A PAVEMENT PRESERVATION PROJECT WORKING WITH CAT'S TEAM IN TRANSPORTATION, THEY'RE COMING BACK IN WITH -- THINK THAT ONE'S ADDING BIKE LANES AND OTHER SAFETY FEATURES, SO 
          THAT'S KIND OF THE TACTIC WE'RE USING. >> GALVAN: WE HAVE A PROJECT ON CULEBRA ROAD AND VAN NECESSA NESTNESS, THEY ADDED SOME OF THE REFLECTORS ON THE MEDIANS AND SOME OF THE PROTECTIVE BIKE LANES AS WELL. FIGURING OUT WAYS -- UNDERSTANDING IT MORE, BUT OUR OFFICE UNDERSTAND A BIT MORE HOW THOSE THINGS ARE IMPLEMENTED ALL THROUGHOUT AS MUCH AS POSSIBLE, WHAT THE RATIONALE IS FOR WHEN THEY'RE IMPLEMENTED, WHETHER IT'S COST OR THE CAPACITY OF WHATEVER THE PROJECT IS WOULD BE HELPFUL. 
          BECAUSE THE GOAL FOR ME, RIGHT, WOULD BE TO SEE HOW MUCH WE CAN DO AS OFTEN AS POSSIBLE, UNDERSTANDING OUR LIMITATIONS. 
          SO I THINK DEFINITELY SEEING THE LIFE CYCLE COST ON EVEN THE MATERIALS USED IN THE DESIGN ON STREET MAINTENANCE DONE HERE, OF COURSE EVERY REPAVEMENT ISN'T GOING TO REQUIRE ALL THE THINGS F THERE ARE SOME ROADS OR STREETS THAT WE SEE THAT ARE SIGNIFICANT TRAFFIC SAFETY CONCERNS OR COULD UTILIZE SOME OF THE MIXED ASPHALT OR EVEN DIFFERENT FORMS OF VEGETATION TO ABSORB FLOODING ISSUES IN THE AREA, WOULD LOVE TO SEE HOW THAT CAN BE, I GUESS, BRAIDED INTO THIS PROGRAM IN SOME FORM. 
          I DON'T KNOW IF THAT'S WITHIN THE POLICIES IN THE BACKEND, I WAS LOOKING AT SOME OF THE FOLLOW-UP SLIDES, I DON'T KNOW WHAT IT WOULD BE EXACTLY, BUT I WELCOME THE CONVERSATION. ONE MORE QUESTION FOR YOU, ON THE REDUCTION'S PIECE, THE TWO VACANT POSITION REDUCTIONS, I KNOW THEY'RE VACANT NOW, DO YOU ANTICIPATE ANY IMPACTS ON PUBLIC WORKS 
          WITHOUT THOSE TWO ADDITIONAL STAFF. >> REINHARDT: YES, WE DO, THE SENIOR ELECTRONIC TECHNICIAN, WE HAVE TWO LEADS, THE SENIOR IS THE LEAD, SO OUR GOAL IS TO HIT OUR SERVICE LEVEL AGREEMENT WHICH IS THREE BUSINESS DAYS AT A 95% RATE. WE ESTIMATE WITH THIS REDUCTION, IT WILL BE CLOSER TO 92% RATE, SO A SLIGHT REDUCTION THERE. 
          AND THEN FOR THE EQUIPMENT OPERATOR POSITION, WE HAVE PRIMARILY TWO WHAT WE CALL BASIC PAVEMENT REPAIR TEA TEAMS. THEY'RE EACH 10 PEOPLE. SO THIS WOULD BE ONE FULL-TIME POSITION THERE. OUR SERVICE LEVEL AGREEMENT, THOUGH, IS 60 DAYS FOR THAT TYPE OF REPAIR. WE'VE BEEN DOING A GREAT JOB -- 
          WE'RE AT, NOT A HUGE IMPACT. >> GALVAN: GOT IT. 
          OKAY. THANK YOU. I THINK THOSE ARE MY QUESTIONS FOR YOU, ART. GOING INTO CAPITAL DELIVERY, MIKE, I THINK A SIMILAR QUESTION ON HOW WE CAN INCORPORATE SUSTAINABLE DESIGNS, COMPLETE STREET DESIGNS AND OVERALL [INDISCERNIBLE] WITHIN OUR BOND IS A REALLY BIG PRIORITY FOR MYSELF AND MY TEAM, A LOT OF FOLKS 
          [01:55:04]
IN MY COMMUNITY WHO ARE, OF COURSE, IF WE'RE GOING TO DO ONE BIG PROJECT, LET'S SEE HOW WE CAN IMPLEMENT AS MUCH AS POSSIBLE, OF COURSE COST PROVIDED. WHAT DOES THAT LOOK LIKE OR WHAT DOES THAT -- WHAT DOES THAT WORK BEEN LOOKING LIKE OVER THE PAST COUPLE MONTHS. 
          >> SHANNON: WELL, I THINK ABSOLUTELY WE'RE INCORPORATING THOSE INTO THOSE LARGE-SCALE -- ESPECIALLY THE STREET PROJECTS, STREET AND DRAINAGE PROJECTS. YOU CAN LOOK AT MANY OF OUR PROJECTS THAT WE DO NOW HAVE MANY ELEMENTS, IF NOT ALL THE ELEMENTS OF COMPLETE STREET DESIGN. THINK OF THE ONES WE JUST COMPLETED IN SOUTH ALAMO, BROADWAY, ZONE ZONA CULTURAL, THAT'S NOT ONLY THE COMPLETE STREET -- STREET. OTHERS HAVE ELEMENTS, DEPENDING UPON HOW MUCH RIGHT OF WAY WE MAY HAVE, BUT SHARED USE PATHS BUILT ALONGSIDE THE STREETS WITH THOSE AMENITIES. FOR, YOU KNOW, MORE -- NOT JUST FOR THE TRAFFIC IN THE CARS, BUT THE TRAFFIC OF PEDESTRIANS AND BICYCLISTS AND SCOOTERS AND STUFF LIKE THAT. 
          THAT'S A BIG PART OF WHAT WE DO ON ALL OF OUR BOND PROJECTS. 
          WE LOOK WITHIN THE FUNDING, THE AVAILABLE BUDGET TO SEE WHAT WE CAN. AND SOMETIMES WE'RE RESTRICTED A LITTLE BIT ON OUR RIGHT OF WAY AND WHAT WE HAVE TO WORK WITH. 
          THE OTHER THING WE DO WE WORK WITH [INDISCERNIBLE] FEATURES, WHETHER IT'S THE DRAINAGE SYSTEM OR ON THE STREETS TO BE A LITTLE MORE ENVIRONMENTALLY FRIENDLY WE WORK WITH OUR RESILIENCE TEAM TO HELP US WORK ON THOSE. WE ARE ENSURING THEY'RE AS RESILIENT AS WE CAN 
          MOVING FORWARD. >> GALVAN: SORRY, MIKE, REALLY QUICK, LAST ONE, ON THIS WAS KIND OF PIGGYBACK OFF COUNCILMAN WHYTE'S QUESTION ON THE LIFE SICKLCYCLE COSTS, I'M THINKING ABOUT NOT ONLY THE MATERIALS USED IN A PROJECT, BUT PARTICULARLY FOR STREETS, WHAT THE LIFE CYCLE COST IS FOR MAINTENANCE AS YOU IMPLEMENT COMPLETE STREETS ON MANY OF THEM. I DON'T KNOW HOW MANY WE'LL DO, RIGHT, OF COURSE, BUT I THINK UP FRONT THE COST IS PRETTY HIGH, BUT IF WE'RE REDUCING ANY LANES OR ADDING BIKE LANES OR WHATEVER IT MAY BE, DO WE CALCULATE ANY OF THOSE MAINTENANCE COSTS IN THAT 
          KIND OF CHANGE THROUGHOUT THE STREET. >> SHANNON: THE ANSWER IS YES. AND YOU'RE SEEING SOME OF THAT NOW. 
          I THINK PART OF THE PROPOSED BUDGET IS SOME MEMBER IN ART'S FUNDING THAT INCLUDES, YOU KNOW, MAINTENANCE OF ADDITIONAL FEATURES, WHETHER IT IS VEGETATION, WHETHER IT IS INFRASTRUCTURE FOR THE BIKE LANES OR PEDESTRIAN LIGHTS AND THOSE TYPE OF THINGS. SO WHILE WE BUILD THOSE OUT AND THOSE ARE THE AMENITIES THAT WE WANT AS PART OF OUR COMPLETE STREET DESIGN, WE DO HAVE TO FACTOR IN THOSE MAINTENANCE COSTS AND WE 
          ARE DOING THAT, YES. >> GALVAN: GOT IT. THANK YOU SO MUCH, MIKE. 
          THANK YOU, MAYOR. >> MAYOR JONES: THANK YOU. 
          COUNCILMEMBER MEZA GONZALEZ, PLEASE? >> GONZALEZ: THANK YOU. 
          THANK YOU FOR THE PRESENTATIONS. I'LL START WITH THE DEBT MANAGEMENT, YEAH, THE DEBT MANAGEMENT PLAN. I APPRECIATE THE SCENARIOS BEING LAID OUT ON SLIDE 16, I THINK THIS IS A GOOD STARTING POINT FOR THIS CONVERSATION AS DEBT MANAGEMENT IS PROBABLY ONE OF THE MOST CONSEQUENTIAL THINGS WE DO AS A COUNCIL, AND I THINK JUST BOTH OF THOSE VARIABLE RATE SCENARIOS HOLD THE DEBT SERVICE ONLY IF THE TAXABLE VALUE PERFORMS, SO THE GROWTH ASSUMPTION IS REALLY THE ENTIRE QUESTION. 
          AND SO I THINK IT MIGHT BE HELPFUL TO SEE AN ANALYSIS SHOWING -- I DON'T KNOW IF YOU GUYS HAVE THIS NOW, BUT WHAT THE RATE WOULD NEED TO BE 
          FOR GROWTH RATES THAT SIT BELOW THE ASSUMPTION. >> ELLIOTT: I DON'T HAVE THE SPECIFIC SCENARIO, BUT WHAT I WANTED TO DO ON ONE OF THE PRIOR SLIDES IS TO GIVE YOU THE ABILITY IF WE HAD A 1% INCREASE IN TAXABLE VALUES, WHAT THAT DOES TO ADDITIONAL CAPACITY OF 165. 
          IF YOU'RE CURRENTLY AT $450 MILLION, YOU ADD A 1% TAXABLE VALUE ABOVE AND BEYOND OUR FORECAST, THEN YOU GO TO THE 450 MILLION PLUS THE 165. SO I WANTED TO KIND OF GIVE YOU A MENU OF THINGS OUTSIDE THE TWO SCENARIOS THAT YOU COULD KIND OF JUDGE THAT. 
          >> GONZALEZ: OKAY. SO THANK YOU FOR THAT, BUT I ALSO WOULD -- I WOULD LIKE TO SEE IT -- WITH EACH OTHER, I THINK WE CAN TALK ABOUT THE SCENARIOS AND THE ANNUAL 
          [02:00:02]
TAXABLE VALUE GROWTH, I'M THINKING OF TALKING TO MY NEIGHBOR PEGGY, RIGHT, AND HOW DO I TELL PEGGY LITERALLY THAT'S MY NEIGHBOR, I'M NOT SAYING THAT. PEGGY IS MY NEIGHBOR, BUT HOW DO I -- HOW DO I TELL HER WHAT THE CITY IS ASKING OF HER? RIGHT? AND SO MAYBE NOT NOW, SHE MIGHT NOT EVEN BE WATCHING, BUT -- PROBABLY NOT, BUT I HAVE TO EXPLAIN THIS TO HER. AND SO I'M JUST ASKING AT SOME POINT -- BECAUSE USUALLY WHAT HAPPENS IS MY OFFICE WILL TURN THESE PRESENTATIONS INTO ONE-PAGERS THAT WE ARE CREATING. 
          I PUT MY LOGO ON IT AND I SEND IT OFF BY E-MAIL, AND THEN I START GETTING RESPONSES, I P PUT OUT MY OWN SURVEY, SO THAT CAN FEEL A BIT SILOED BUT IT'S ALSO BASED ON WHAT I THINK MY RESIDENTS ARE -- HOW THEY'RE COMMUNICATING. BUT IF THERE'S JUST SOMETHING THAT YOU ALL COULD HELP US DO TO JUST ARTICULATE WHAT THE PLAN IS BUT IN. 
          >> ELLIOTT: LAYMAN'S TERMS. >> GONZALEZ: NOT A TROY WAY, WHICH IS FINE HERE, BUT -- I BROUGHT WITH ME TO SPEAK THE PLAIN SPEAK, 
          NOT THE -- >> GONZALEZ: NOI DON'T KNOW IF THAT WILL BE -- WHICH IS A GOOD THING, WE NEED THAT HERE, AND I APPRECIATE IT TREMENDOUSLY, BUT I WOULD JUST ASK FOR ALL OF -- WHETHER IT'S ON THE WORK SESSIONS OR ESPECIALLY ON THE DEBT SERVICE SIDE, THAT WE JUST HELP US ARTICULATE THIS TO OUR RESIDENTS, RIGHT? SO IF THAT'S THROUGH CNE, WHICH I'M SURE IT IS, BUT THAT'S JUST HELPFUL, RIGHT? BECAUSE I REALLY DO VALUE -- AND I KNOW EVERYONE HERE DOES, BUT JUST EDUCATING OUR RESIDENTS AS MUCH AS POSSIBLE ABOUT WHAT WE'RE DOING, BECAUSE THIS IS NOT THE SAME BUDGET. THIS IS NOT THE SAME BOND PROGRAM. FOR US TO THINK IT IS, IS FUNNY. 
          INCIDENIT'S JUST NOT. AND SO I THINK WE HAVE TO TREAT IT IN THAT WAY AS WELL. AND I -- AGAIN, AUDIO] -- I THINK YOU SAID $1.93, BUT JUST LIKE WE DID ON THE -- ON THE M & O, IF YOU COULD ALSO DO THAT ON THE DEBT SERVICE SIDE, THAT WOULD BE HELPFUL TO SEE, YEAH, PER -- BECAUSE I THINK YOU SAID $1.93 
          AVERAGE -- >> ELLIOTT: IT'S ABOUT 1.93 PER MONTH. 
          >> GONZALEZ: THANK YOU. AND I THINK WHATEVER COUNCIL DECIDES IN THIS BUDGET IS ALSO HOW WE APPROACH -- I GUESS ON THE M & O SIDE AND THE DEBT SIDE, RIGHT? AND SO SEEING THOSE TWO MODELS TOGETHER, I THINK, WOULD BE HELPFUL, JUST FOR US TO GET THAT BIGGER PICTURE OF WHAT THIS -- HOW THIS IMPACTS OUR RESIDENTS, RIGHT? BECAUSE THAT BILL ISN'T -- AND I DO THINK THAT WHETHER WE'RE TALKING ABOUT THE M & O OR IN THE DEBT SERVICE, THIS REALLY SHOULD BE SEEN AS A LAST RESORT. 
          SO WHAT DOES THAT LOOK LIKE WHEN WE TALK ABOUT CUTS, WHEN WE TALK ABOUT AMENDMENTS AND A NEW REVENUE THAT WE'RE FINDING, WHAT ARE WE USING THAT FOR? SO WE'VE GOT THE LIST OF AMENDMENTS SO FAR. 
          ARE THOSE TO EVENTUALLY LOWER THE 3.9%? OR IS IT TO BRING 
          PROGRAMS BACK AND KEEP THE 3.9%? >> WALSH: SO YOU'RE KIND OF HITTING A POINT THAT I WAS GOING TO MAKE AT THE END OF THE WORK SESSION. 
          I APPRECIATE YOU BRINGING THIS UP, BECAUSE AS WE GET CLOSER TO THE 16TH, WHICH IS OUR BUDGET AMENDMENT CONVERSATION AND THE 17TH, THE COUNCIL CONSIDERATION, WE NEED TO START NARROWING THE FIELD A LITTLE BIT. 
          AND THAT'S WHY WE'RE GOING TO SEND YOU ALL AN UPDATED AMENDMENT LIST BY FRIDAY. WE SENT 12 WEEKS AGO, IT'S CHANGED, WE HAVE A LITTLE BIT MORE INFORMATION ON SOME OF THE REVENUES, LIKE BARGE THAT YOU BROUGHT UP, AND THEN -- BUT THE BARGE REVENUE, YEAH. 
          SO WE NEED TO NARROW THAT IN. AND I WOULD APPRECIATE KIND OF HEARING FROM THE COUNCIL ABOUT IS THE GOAL TO RESTORE, IS THE GOAL TO REDUCE OR MITIGATE THE PROPOSED PROPERTY TAX INCREASE. 
          THAT WOULD BE HELPFUL, BECAUSE -- BECAUSE WE'RE TWO AND A HALF WEEKS OUT, WE NEED TO START -- WE NEED TO START MERGING LANES HERE. 
          >> GONZALEZ: AND THAT'S BEEN MY GOAL, RIGHT? SO WITH THE BARGE TICKET INCREASE FOR THE NONSAN ANTONIO RESIDENTS, WHAT DOES THAT DO TO THAT 3.9%? WHAT DOES THE 2% COLA, WHAT 
          >> BUT IT WOULD PROBABLY HELP MORE IN '28. WHAT DOES THAT DO TO THAT , 
          YOU KNOW, INCREASE THAT WE'RE TRYING TO DO IN '28? >> WALSH: TO YOUR POINT, THOSE AMENDMENTS THAT WE'LL HAVE ON THE FRIDAY LIST WILL BE THOSE REVENUE -- ACTUALLY THE TWO YOU MENTIONED, BECAUSE THOSE ARE THE TWO YOU BROUGHT UP, WILL SHOW INDEPENDENTLY WHAT THOSE WOULD IMPACT THE '27 AND '28. 
          YOU'RE RIGHT. THE 2% AND 1% WOULDN'T AFFECT THE '27 BUT IT WOULD 
          [02:05:04]
AFFECT THE '28. WE'LL BREAK IT UP LIKE THAT AND START TO GROUP THINGS IN THE AMENDMENT LIST SO YOU ALL CAN START TO REACT TO THAT AS WE GET CLOSER. 
          >> GONZALEZ: OKAY. >> WALSH: THANKS FOR BRINGING THAT UP, 
          COUNCILWOMAN. >> GONZALEZ: YEAH, THANK YOU. 
          LET ME MOVE ON TO CAPITAL DELIVERIES. THANK YOU FOR YOUR PRESENTATION. YOU ARE A NEWER DEPARTMENT BUT WE'VE BEEN HERE BEFORE. 
          WE PUT YOU TOGETHER AND THEN WE SEPARATE YOU WHEN NECESSARY. 
          I APPRECIATE ALL THE WORK YOU'RE DOING IN THE CITY AND IN DISTRICT 8, SPECIFICALLY. 
          I THINK RESIDENTS EXPERIENCE --G WITH A SAWS PROJECT RIGHT NOW RIGHT IN FRONT OF MY AREA. AND THAT WILL SOON BE A BOND PROJECT IN ABOUT -- WHEN DOES THAT START? WE'RE HAVING SOME MEETINGS ON THAT. 
          THAT UTILITY COORDINATION IS SO CRUCIAL SO I APPRECIATE -- 
          >> YOU HAVE EXPERIENCED YEARS' LONG OF CONSTRUCTION. THAT'S SAWS DOING THEIR WORK BEFORE WE GET THERE. WITH THE LOW-WATER CROSSING, WE'LL START BEFORE THE END OF THIS YEAR. WE HAVE A COMMUNITY NEIGHBORHOOD MEETING 
          SCHEDULED THIS MONTH OR -- >> GONZALEZ: THIS MONTH. >> SHANNON: WE'LL WALK THROUGH THAT. THAT WILL CERTAINLY HELP THAT AREA GET THAT LOW-WATER 
          CROSSING OUTSIDE SOME OF THE FLOODPLAIN. >> GONZALEZ: I THINK IT'S SLIDE 3 ON THE CAPITAL DELIVERY PRESENTATION. THAT UTILITY COORDINATION I THINK IS CRUCIAL. I'M SEEING THAT FIRSTHAND FOR MYSELF JUST GOING IN AND OUT OF MY NEIGHBORHOOD. MOST OF THE TIME PROJECTS ARE DISRUPTION, RIGHT? THAT'S HOW RESIDENTS FEEL AND SEE THEM. IT'S NOT UNTIL THEY'RE DONE AND MONTHS LATER YOU REALIZE I GOT THROUGH THIS PROJECT. COMMUNICATION IS CRUCIAL IN THAT AREA. AND I WAS LOOKING AT -- I THINK IT'S YOUR ATTACHMENT. 
          IT TALKS ABOUT THE NUMBER OF ATTENDEES AT PUBLIC MEETINGS, GOING FROM THE 416 TO 1440. HOW ARE YOU EXPECTING TO DO THAT? 
          >> SHANNON: WELL, QUITE FRANKLY WE'RE GOING TO HAVE TO DO MORE OF IT, ONE. 
          WE HAVE ACTUALLY SET SOME NEW PARAMETERS WHERE WE'RE GOING TO TRACK, AS A PERFORMANCE MEASURE, NOT ONLY ONE, HOW MANY WE'RE DOING IN TERMS OF STAKEHOLDER MEETINGS WITH THE BUSINESS COMMUNITY AND NEIGHBORHOODS, DEPENDING ON WHERE THE PROJECT IS. WE HAVE CHANGED OUR NORMAL PRACTICES -- OUR STANDARD USED TO BE, AT LEAST ONE DURING DESIGN AND ONE DURING CONSTRUCTION. 
          THAT WAS REALLY LOOKING AT IT WITH MY TEAM IS INADEQUATE. 
          AT MINIMUM WE'RE DOUBLING IT UP. SOME PROJECTS NEED MORE THAN THAT. WE STARTED BY PUTTING SOME TARGETS IN THE BOOK SO WE'RE GOING TO TRACK THAT WE HIT MORE OF THOSE STAKEHOLDER MEETINGS AND WE HAVE TO BE MORE EFFECTIVE OF GETTING BUTTS IN THE SEATS. AS MANY TIMES AS WE GET TO A COMMUNITY MEETING AND WE SCHEDULE IT AND THERE'S TEN CITY STAFF AND ONLY THREE COMMUNITY MEMBERS. THAT'S REALLY NOT EFFECTIVE. OUR OUTREACH TEAM THAT WE'RE WORKING WITH, WORKING WITH C&E AND WITH YOUR OFFICES, WE HAVE TO GET DOZENS AND DOZENS OF PEOPLE FROM THE NEIGHBORHOOD AT THAT MEETING. 
          AND NOW WE PUT STANDARDS THERE AND THOSE ARE OUR TARGETS. 
          THAT'S WHAT MY TEAM IS GOING TO CONTINUE TO WORK ON. I DON'T HAVE ALL THE ANSWERS ON HOW TO DO THAT BUT THAT'S WHAT WE'LL BE WORKING HARD WITH YOU AND REALLY OUR C&E 
          AND COMMUNICATIONS TEAM FOR THAT OUTREACH. >> GONZALEZ: I APPRECIATE THAT. I SEE ON THE NUMBER OF DIGITAL COMMUNICATIONS TO INFORM STAKEHOLDERS, IT GOES FROM 246 TO 244. HOW DO WE GET THERE? I'M ASSUMING IT'S NOT MORE STAFF YOU'RE PUTTING INTO THE DEPARTMENT. 
          >> SHANNON: WE HAVE REORGED A COUPLE OF POSITIONS TO THAT COMMUNICATION OUTREACH TEAMS. IT'S ONE OF OUR THREE MAJOR INITIATIVES. ON TIME, WITHIN BUDGET, AND GREATER AND BETTER 
          STAKEHOLDER COMMUNITY OUTREACH. >> GONZALEZ: GOOD. 
          >> SHANNON: INTERNALLY, WE DIDN'T ADD STAFF, WE JUST REPOSITIONED STAFF THERE SO WE CAN DO MORE BUT WE NEED TO BE MORE EFFECTIVE ON THOSE THAT WE DO. 
          >> MAYOR JONES: THANK YOU. COUNCILMEMBER MUNGIA, PLEASE. 
          >> MUNGIA: MIKE, BEFORE YOU SIT DOWN -- UP, UP, UP. I WANTED TO SAY, TO THAT LAST POINT YOU'RE MAKING, I THINK THAT'S REALLY IMPORTANT BECAUSE I HAVE BEEN TO A LOT OF PUBLIC MEETINGS AND SO MANY OF THEM, ALL THE CONTRACTORS, THE CITY AND COUNCIL STAFF AND THEN THERE'S THREE RESIDENTS AND PEOPLE COME BACK AND SAY I NEVER KNEW THIS WAS HAPPENING. WE DEFINITELY HAVE TO BE BETTER AND MORE STRATEGIC AT THAT. I THINK MY STAFF DOES A HARD JOB IN TRYING TO GET PEOPLE TO THESE TYPES OF MEETINGS AND DOOR KNOCKING AND MAILING THINGS OUT. I WANT TO SAY THANK YOU TO YOUR TEAM. 
          I FEEL LIKE I HAVE SEEN A DIFFERENCE IN CAPITAL PROJECTS, NOW THAT IT'S BEEN SEPARATED, SO THAT'S GOOD. THANK YOU FOR MEETING WITH ALL OF US INDIVIDUALLY TO TALK ABOUT WHAT WE NEEDED TO SEE OUT OF THE CAPITAL DEPARTMENT AND ALL THAT. 
          [02:10:08]
I HAVE HAD TWO, THREE TECHNICALLY BOND INPUT MEETINGS AND I WORKED WITH RIFE LINE. THEY'RE A FANTASTIC GROUP AND THANK YOU FOR PARTICIPATING IN THAT . HOPEFULLY WE CAN GET YOU BACK SOME INFORMATION THAT'S IMPORTANT FOR YOU ALL ON THE CAPITAL SIDE AND THE ENGINEERS TO SEE WHAT'S IMPORTANT FOR RESIDENTS EARLY ON. AND THEN REAL QUICK. 
          YOU HAD ONE ERROR IN YOUR PRESENTATION. >> SHANNON: YOU FOUND IT, 
          RIGHT? THANK YOU. >> MUNGIA: YEAH, ONE. 
          COVEL ROAD, THE DIMENSIONS ARE INCORRECT. THAT WAS YOUR ORIGINAL PLAN BUT THEY CAME BACK AND SAID THAT WAS NOT ENOUGH MONEY TO DO THE WHOLE ROAD. 
          IT IS FROM RAY ELLISON TO COVEL GARDENS. I DON'T WANT PEOPLE TO SEE 
          THAT AND THINK THEY'RE GOING TO GET THAT ROAD FIXED. >> SHANNON: WE'LL UPDATE 
          IT. >> MUNGIA: YOU CAN UPDATE IT WITH SOME MONEY TOO. 
          I'LL GO TO PUBLIC WORKS, ART. THANK YOU TO YOUR TEAM. 
          OBVIOUSLY MY AREA WAS HIT PRETTY HARD THIS WEEKEND AND YOUR TEAM HAS BEEN OUT THERE FIXING AND GETTING TREES DOWN AND ALL THAT. THANK YOU ESPECIALLY TO MARCOS, JESSICA, GENEVIEVE, MARK, AND ANTHONY. Y'ALL HAVE BEEN FANTASTIC AND YOU'VE HAD TO DEAL WITH ME FOR A VERY LONG TIME AS STAFF  AND AS A COUNCIL MEMBER. Y'ALL ARE QUICK TO GET OUT THERE WITH ME. 
          I HAVE TO GO OUT TO TALK TO RESIDENTS AND Y'ALL GO WITH ME. 
          WE MAKE A REALLY GOOD TEAM. ESPECIALLY, JESSICA, WHEN WE HAD THE SEVERE RAINS AND FLOODING ISSUES IN MY DISTRICT, YOU WERE OUT THERE WITH ME AND I HAD TO PULL YOU INTO A KSAT INTERVIEW WITH ME BECAUSE I DIDN'T KNOW THAT INFORMATION. 
          Y'ALL SHOW UP WHEN IT MATTERS AND WHEN IT COUNTS. SO I APPRECIATE THAT. 
          YOU LISTEN TO THE RESIDENTS AND YOU HELP US FIND THE MONEY WHEN WE NEED TO. AND I ESPECIALLY THANK MARK BECAUSE WE HAVE HAD SOME CHALLENGING TRAFFIC SIGNALS AND CROSSWALKS AND EVEN A DEATH. SO YOU'VE BEEN THERE AND YOU'VE BEEN VERY SENSITIVE ABOUT THE ISSUES WITH THE FAMILIES. I WANT TO THANK YOU FOR THAT AND I'M GLAD YOU PUT THE CARE PORTION OF IT. I WAS HOPING TO SEE THAT ON THE DEBT SIDE TOO BUT I'M SURE THAT HAPPENS TOO. BUT FOR YOU, ART, I DO HAVE A QUESTION ON TRAFFIC CALMING. ONE THING I THINK WE NEED TO MAYBE WORK ON -- AND MAYBE THAT'S WHAT SOME OF THE WORK YOU HAVE HERE IS ABOUT -- IS TRAFFIC CALMING ON ESPECIALLY ARTERIAL ROADWAYS. 
          THERE ARE MANY STREETS THAT EXPERIENCE SPEEDING THAT WE WOULD NOT -- THAT Y'ALL DO NOT RECOMMEND SPEED HUMPS ON EVER. I DON'T KNOW WHAT THE OTHER APPLICATIONS WOULD BE TO SLOW THINGS DOWN ON THOSE STREETS. 
          I WELCOME WORKING WITH YOU TO IDENTIFY THAT. AND MAYBE COUNCILWOMAN KAUR KNOWS THE ANSWER TO THAT. BUT THERE'S SO MANY LARGE STREETS WHERE YOU DON'T HAVE A STOP SIGN. PEOPLE JUST GO THROUGH. BUT THERE ARE ALSO NO FRONT-FACING HOMES. SO I THINK THAT IS AN ISSUE. AND THEN ALSO LINE OF SIGHT ISSUES ARE ALSO IMPACTING THAT. THAT'S NOT SOMETHING YOU GUYS CURRENTLY TAKE INTO EFFECT WHEN YOU'RE LOOKING AT STOP SIGN PLACEMENT OR SPEED HUMPS BUT A LOT OF RESIDENTS TELL ME SOME STREETS YOU'RE STOPPED AT AND YOU CAN'T SEE THE LINE OF TRAFFIC AND THAT'S NOT A CRITERIA TO PUT A STOP SIGN ON THAT COMING TRAFFIC. I THINK WE HAVE TO BE A LITTLE CREATIVE ABOUT THAT. 
          ALSO, I LOOK FORWARD TO WORKING WITH YOU WHEN THE UDC AMENDMENTS ARE COMING UP. THINKING ABOUT TRAFFIC CALMING AS WE DO NEW NEIGHBORHOOD BUILDS. ESPECIALLY PERHAPS EVEN ILLUMINATING TRADITIONAL T-INTERSECTIONS IN NEIGHBORHOODS AND JUST BUILDING IN ROUNDABOUTS. 
          YOU TRY TO PUT A ROUNDABOUT NOW IN A NEIGHBORHOOD, IT'S EXTREMELY DIFFICULT. 
          BUT IF IT'S ALREADY BUILT IN, I THINK THAT'S HELPFUL. LOOK FORWARD TO YOUR RECOMMENDATIONS ON THAT. I DO HAVE A QUESTION ON THE PCI SCORES. 
          I'M GLAD Y'ALL REVISITED THAT BECAUSE WHAT I HAD SEEN PREVIOUSLY, ESPECIALLY LAST FISCAL YEAR THIS WAS AN ISSUE. WAS A LOT OF CONCURRENCE IN MEMOS. THERE WERE STREETS THAT WE HAD IN THE BUDGET AUDIO] AND SAID, HEY, ACTUALLY THIS STREET IS NOT A PRESERVATION, IT'S A REHAB AND WE HAVE TO CHANGE IT. I THINK THAT WAS AN ISSUE WITH THE PCI SCORES. 
          I'M GLAD YOU PUT THE CONDITIONS ON THERE. HOW DO YOU GRADE A STREET LIKE GILLETTE? YOU PROBABLY DID HIGHWAY 16 TO RHODA AND THE WORST PART HASN'T BEEN DONE YET, WHICH IS BASICALLY RHODA TO ZARZAMORA. 
          BUT IF YOU WERE TO GRADE THE WHOLE STREET, THAT GRADE MAY NOT BE INDICATIVE -- IF MOST OF IT IS ALL GRADED B BUT THIS SMALL PORTION OF THAT STREET IS ACTUALLY AN F BUT 
          [02:15:04]
THE REST OF IT IS GOOD AND IT INCREASES THE AVERAGE, HOW DO YOU ACCOUNT FOR THAT? 
          >> REINHARDT: YOU'RE RIGHT. SO THE PCI WILL BE BASED ON THE SEGMENT, SO YOU CAN SEE THE INDIVIDUAL PCI FOR THAT SEGMENT. 
          WHEN WE LOOK AT AN OVERALL PROJECT, WE TRY TO DO WHAT WE THINK IS THE MOST COMPLETE FROM A PROJECT LIMIT STANDPOINT. WE WOULDN'T STOP AND BLOCK, NECESSARILY. WE DO AVERAGE THAT OUT. PART OF THE WORK WE ARE STARTING TO DO NOW AND IS UNDERWAY TO HELP US WITH THE '27 PROGRAM IS USING SOME ADDITIONAL TECHNOLOGY. I WON'T GET TOO NERDY FOR COUNCILWOMAN KAUR, BUT WE'RE USING GROUND-PENETRATING RADAR IN SOME CASES AND A COUPLE OF TOOLS TO REFINE THE LIMITS SO WE'LL BETTER KNOW WHEN WE GET OUT THERE AND HOPEFULLY NOT HAVE A SURPRISE TO SAY, HEY, WE THOUGHT IT WAS A PRESERVATION AND IT SHOULD BE A REHAB. THAT'S SOME OF THE TOOLS WE'RE USING. 
          AND JUST HAVING A BETTER FORECAST WITH THE ADDITIONAL DEGRADATION CURVE SHOULD GIVE US A MORE REAL-WORLD SCENARIO. I DID WANT TO COMMENT ON YOUR COMMENT. REGARDING ALWAYS STOPS, THAT IS A CRITERIA THAT WE LOOK AT IS SIGHT VISIBILITY. THERE IS A SET FORMULA USED IN THAT. 
          OFTENTIMES WHAT'S CALCULATED MAY NOT BE BASED ON THE PERCEPTION OF THE RESIDENT. 
          THAT IS A TOOL. AND KIND OF WHAT WE HAVE BEEN WORKING ON WITH CAT'S TEAM IS THESE CORRIDOR STUDIES. THE TRAFFIC CALMING IS MORE NEIGHBORHOOD FOCUSED AND ON THE ARTERIAL ROAD CORRIDORS, THEY HAVE DONE SOME STUDIES. 
          SILENCE SUNRISE IS GOING ON RIGHT NOW IN DISTRICT 6. YOU BROUGHT IT UP BEFORE, THE ARTERIAL ROADS IS WHERE WE HAVE TO MAKE TOUGH CHOICES. 
          YOU BROUGHT UP ZARZAMORA. THAT'S A CANDIDATE PROJECT, NOT FOR SPEED HUMPS BUT MAYBE WE NEED TO REDUCE A LANE BUT THAT'S A DIFFICULT CONVERSATION TO HAVE AND THAT'S WHERE THE TRADE-OFFS COME. THAT'S THE CHALLENGE OF 
          DOING THAT. >> MUNGIA: ABSOLUTELY. I HAVEN'T BEEN OUT THERE YET --E CONTRACTORS WE USE, THEY HAVE A LOT OF DEMOS WITH LIGHTS AND THINGS LIKE THAT. 
          WE GET THE SOLAR LIGHTS FROM THEM. I DEFINITELY THINK LOOKING AT DIFFERENT INFRASTRUCTURE FOR THE FUTURE IS IMPORTANT BECAUSE I DON'T KNOW THAT ZARZAMORA CAN GO DOWN A LANE, ESPECIALLY IF IT'S TWO LANES EACH WAY. 
          I THINK THAT'S IMPORTANT TO LOOK AT. OKAY. 
          I APPRECIATE THAT, ART. THANK YOU. ONE OTHER THING FOR CAPITAL. 
          I THINK WHEN WE DO BOND PROJECTS THE EXPECTATION IS A LONG-LASTING STREET AND I DON'T THINK THAT'S NECESSARILY WHAT WE DO IN SOME OF THESE INSTANCES, ESPECIALLY WHEN THE SOIL IS SO CHALLENGING. IF YOU OLD PEARSALL WAS A 2017 BOND PROJECT AND PART OF IT IS REALLY -- I MEAN, THE BOTTOM OF YOUR CAR WILL HIT THAT AND PEOPLE ARE KIND OF LIKE, THAT WAS A -- PROBABLY LIKE $40 MILLION STREET AND WE HAVE THAT PROBLEM. ZARZAMORA WAS A 2012 BOND PROJECT. IT ALSO IS NOW A FAILING STREET AND SO WE HAVE TO MAYBE DO A LITTLE BIT BETTER ON WORK LIKE THAT TO MAKE IT MORE LONG LASTING. 
          REALLY QUICK WHEN IT COMES TO THE DEBT, I WOULD ALSO RECOMMEND THAT WE REALLY LOOK INTO SCENARIOS 2 OR 3 BECAUSE I THINK A $460 MILLION BOND WITH POSSIBLE HOUSING AND POSSIBLE ENTERTAINMENT DISTRICT COMING OFF THE TOP, THERE'S NOT A LOT LEFT FOR THE REST OF US AND WE HAVE SIGNIFICANT NEEDS. 
          NOT JUST ON STREETS BUT DRAINAGE. OBVIOUSLY, OUR CITY FACILITIES. AND SO I WOULD ALSO RECOMMEND THAT -- IF WE DO INCREASE THE DEBT, INCREASE THE CIP AMOUNT. BECAUSE AGAIN, WE USE THAT FOR DRAINAGE PROJECTS EVEN THAT ARE NOT PART OF STORMWATER PROJECTS. 
          WE USE THAT FOR PARK EQUIPMENT AND SHADE STRUCTURES. 
          THEY'RE NOT PART OF THE PARK'S BUDGET. THOSE ARE EXTREMELY 
          IMPORTANT FOR US TOO. THANK YOU, MAYOR. >> MAYOR JONES: THANK YOU. 
          COUNCILWOMAN CASTILLO. >> CASTILLO: I WANT TO THANK EACH OF THE FOLKS WHO GAVE THE PRESENTATIONS TODAY. THESE ARE THE DEPARTMENTS THAT I BELIEVE MEAN THE MOST TO DISTRICT 5 RESIDENTS, WHETHER IT'S AT OUR BUDGET TOWN HALLS OR WHEN WE HAVE OUR OPEN OFFICE HOURS. OUR TEAM IS OVERWHELMED WITH CONSTITUENTS THAT HAVE AN INFRASTRUCTURE REQUEST THAT SHE'S TASKED WITH NAVIGATING. I APPRECIATE EVERYONE, WHETHER IT'S ON THE CAPITAL IMPROVEMENT SIDE OR THE PUBLIC WORKS DEPARTMENT FOR YOUR WORK AND COLLABORATION. 
          AND JAMES FOR COMING OUT INTO THE FIELD AS WELL AS JESSICA, MARCOS, AND SO MANY TEAM MEMBERS TO MAKE SURE WE'RE MEETING CONSTITUENTS WHERE THEY'RE AT AND 
          [02:20:03]
ADDRESSING ANY CONCERNS THEY MAY HAVE. JUST WANT TO THANK YOU ALL FOR THAT MEANINGFUL WORK. BECAUSE I'M REMINDED OF A INCIDENT I HAD YESTERDAY. 
          I WAS BLOCK WALKING, BRINGING RESOURCES TO A RESIDENT'S DOOR. 
          HER NAME WAS GRACIE AND SHE WAS CRYING AND I THOUGHT IT WAS BECAUSE I WAS BRINGING HER THE RESOURCE AFTER WHAT SHE EXPERIENCED WITH THE STORM. 
          BUT SHE SHARED A STORY IN WHICH SHE HAS DIABETES AND HER DOCTORS ENCOURAGED HER TO WALK TO GET HER CIRCULATION GOING. FOR THE LONGEST TIME SHE DID NOT HAVE A SIDEWALK. SHE SHARED SHE COULD ONLY WALK COMFORTABLY BAREFOOT. 
          NOW SHE HAS A SIDEWALK ON EL PASO AND SHE CAN WALK BAREFOOT ON THE SIDEWALK TO GET HER BLOOD FLOWING. SHE WAS CRYING, NOT BECAUSE OF THE STORM SHE ENDURED AND HOW SHE NEEDED TREE-TRIMMING RESOURCES, BUT SHE WAS GRATEFUL SHARING THAT NOW SHE COULD WALK BAREFOOT DOWN HER STREET TO GET HER CIRCULATION GOING. 
          RESIDENTS ARE SO GRATEFUL THAT THEY SEND US EXAMPLES OF WHY THEY'RE GRATEFUL. 
          SO THIS EXAMPLE -- IT SAYS FOR 60 YEARS JOHN AND HIS NEIGHBOR HAVE ENDURED DANGEROUS SIDEWALKS. IT'S TIME TO TAKE ACTION. IT'S A PICTURE OF JOHN AS A CHILD WALKING ON A DETERIORATED SIDEWALK AND IT'S JOHN AS AN ADULT STANDING NEXT TO THE COMPLETE SIDEWALK. THIS IS JUST MEANINGFUL AND IMPACTFUL WORK THAT DISTRICT 5 RESIDENTS REALLY VALUE. AND IT MAKES ME THINK ABOUT OUR BUDGET TOWN HALL WHERE RESIDENTS HAD FIRM ASKS. I WAS ASKED CAN YOU COMMIT TO PROVIDING A SIDEWALK NEAR THIS ELEMENTARY SCHOOL? WHILE I WANTED TO SAY YES, I SAID WE NEED TO HAVE A CONVERSATION ABOUT A PROPERTY TAX ADJUSTMENT IF YOU EXPECT ME TO COMMIT AND DELIVER THAT WALK. AS IT IS PROPOSED, YOU MAY HAVE TO CONTINUE TO WAIT, LIKE MANY OTHER RESIDENTS THROUGHOUT THE CITY, IF WE MAKE REDUCTIONS BY FAILING TO CONSIDER PROPERTY TAX ADJUSTMENT. 
          SHE UNDERSTOOD. SO I'M GRATEFUL AGAIN FOR THE WORK OF EACH OF Y'ALL'S RESPECTIVE TEAMS. WITH THAT BUDGET TOWN HALL -- I KNOW MANY OF YOU WERE THERE -- BUT THOSE THAT WEREN'T, WE HAD A RESIDENT WHO WASN'T FROM DISTRICT 5. 
          SHE SAID SHE COULDN'T MAKE HER DISTRICT TOWN HALL BUT SHE SHARED HER EXPERIENCE AS A PROPERTY OWNER AND UNDERSTANDING THAT ONCE YOU BUY A HOME, YOU HAVE TO PAY TAXES AND IS IT REALLY EVER YOURS. AND PROPERTY TAXES GO UP. 
          AND SHE SHARED BUT IF THIS MEANS MY NEIGHBORS GET ACCESS TO A LIBRARY AND MY NEIGHBORS GET ACCESS TO MUCH-NEEDED RESOURCES, THIS IS SOMETHING I'M COMFORTABLE WITH. WHILE I MAY HAVE A SIDEWALK IN MY RESPECTIVE DISTRICT, I'M HEARING THE CONVERSATION IN DISTRICT 5 AND I UNDERSTAND THE VALUE AND IMPACT. AGAIN, AS COUNCILWOMAN VIAGRAN HAD MENTIONED, IF WE'RE TALKING ABOUT NEEDS AND WANTS, WE HAVE TO ADDRESS THAT WE ARE GOING TO HAVE TO HAVE THE CONVERSATION ABOUT RATE ADJUSTMENTS TO ENSURE THAT WE'RE MEETING THE NEEDS OF OUR CONSTITUENCY. SO IN TERMS OF THE PUBLIC WORKS PROPOSAL, I'M GOING TO CONTINUE TO ADVOCATE THAT WE MOVE THE CIP FUNDING BACK TO THE ORIGINAL AMOUNT. AS FOLKS HAVE STATED, THIS IS HOW WE'RE ABLE TO MAKE THE GREATEST IMPACT. IF WE DO EXPLORE INCREASING THE DEBT CAPACITY, I BELIEVE THIS IS SOMETHING THAT WE SHOULD CONTINUE TO MAINTAIN. THE $200,000 WON'T GO FAR IN DISTRICT 5 -- AND I WANT TO SHARE THAT WE'RE ABLE TO MAKE THE GREATEST IMPACT. 
          IN ADDITION TO THAT, THE FLASHING SPEED SIGNS AND THE RADAR DETECTORS. 
          AGAIN, I'M THINKING ABOUT THE WORK THAT STEPHANIE FIELDS AND IT'S A LOT OF REQUESTS FOR THE FLASHING STOP SIGNS AND THE TRAFFIC CALMING. 
          WITH THE STORM, SOME OF THE FLASHING STOP SIGNS, THOSE DID NOT GO OUT. 
          THE SOLAR PANEL KEPT THOSE GOING SO THE WEST END NEIGHBORHOOD WAS GRATEFUL FOR THOSE BECAUSE IT WAS DARK AND THOSE FLASHING STOP SIGNS WERE ABLE TO KEEP FOLKS ALERT. SHOUT OUT TO COUNCILWOMAN KAUR FOR THOSE MUCH-NEEDED STOP SIGNS. IN TERMS OF THE CONCERNS, OF COURSE, BECAUSE OF THE STORM WE KNOW THE VALUE AND WE'VE ALWAYS VALUED EVERY CITY EMPLOYEE. 
          BUT THE NEED FOR THE TECH TECHNICIANS THAT GO OUT TO SERVICE THE LIGHTS. 
          I SEE THERE'S A REDUCTION. I'M HOPEFUL WE'RE ABLE TO MAINTAIN AND RESPOND TO ANY REPORTED LIGHTS, BUT JUST SEEING THE IMPACT AND THE NEED, I HOPE THAT'S SOMETHING WE COULD POTENTIALLY RECONSIDER. IN ADDITION TO THAT, YESTERDAY I WAS AT THE THOMPSON NEIGHBORHOOD ASSOCIATION MEETING AND I WAS ASKED BY A CONSTITUENT, YOU KNOW, IS IT TRUE THAT THE CITY OF SAN ANTONIO IS GOING TO APPROVE A BUDGET THAT PUTS US IN A DEFICIT? AND I SHARED, NO, BY STATE LAW WE'RE REQUIRED TO APPROVE A BALANCED BUDGET. BUT I WAS REMINDED OF TROY AND BEN AND EXPRESS MY THANKS FOR YOUR DUE DILIGENCE. 
          I SHARED WITH THE NEIGHBORHOOD ASSOCIATION, DURING MY TENURE ON COUNCIL, IT'S ALWAYS BEEN A BALANCED BUDGET THAT WE APPROVE THAT'S PRESENTED TO US. 
          [02:25:02]
THANK YOU TO OUR CITY MANAGER FOR YOUR WORK AS WELL ON THOSE INITIATIVES. 
          I WAS ASKED A TOUGH QUESTION. WHAT IS YOUR POSITION ON THE BUDGET CONVERSATIONS THAT ARE TAKING PLACE? AND I ESSENTIALLY JUST SHARED WHAT I JUST STATED EARLIER. THAT DISTRICT 5 WOULD BE DISPROPORTIONATELY IMPACTED IF WE FAILED TO HAVE THIS MUCH-NEEDED CONVERSATION ABOUT A PROPERTY TAX ADJUSTMENT. ALL THAT TO SAY WAIT UNTIL THE BOND CAPACITY CONVERSATION. DISTRICT 5 RESIDENTS HAVE WAITED DECADES FOR BASIC INFRASTRUCTURE. AND IF WE FAIL TO HAVE THE TOUGH CONVERSATIONS ABOUT PROPERTY TAX ADJUSTMENTS AND INCREASING DEBT CAPACITY, THAT MEANS OUR MOST VULNERABLE CONTINUE TO WAIT. AND THAT'S UNACCEPTABLE. 
          SO I THINK WITH THE RECOMMENDATIONS I'M LEANING TOWARDS THE SCENARIO 2, I BELIEVE, FOR THE DEBT CAPACITY. AGAIN, WITH THE EXPECTATION THAT WE ARE INVESTING IN NEIGHBORHOOD PROJECTS WITH -- I BELIEVE IT'S SCENARIO 3. THAT'S THE ONE THAT I WOULD FEEL COMFORTABLE WITH. 
          I THINK THERE WOULD BE VALUE. AS SOON AS WE KNOW WHEN WE'RE GOING TO HAVE THE BOND CONVERSATIONS, I WOULD LIKE TO HAVE A COMMUNITY CONVERSATION ON WHAT SCENARIO 3 WOULD MEAN TO THE AVERAGE CONSTITUENT AND WHAT TO EXPECT. THAT WAY FOLKS ARE WELL AWARE OF THE CONVERSATIONS WE'RE HAVING HERE AND BRINGING THAT INFORMATION TO THE NEIGHBORHOODS AND POTENTIAL IDENTIFYING FOLKS INTERESTED TO SERVE ON THE BOND COMMITTEES. 
          THOSE ARE MOST OF MY COMMENTS. APPRECIATE THE WORK OF BOTH OF -- WELL, OF ALL THREE OF Y'ALL'S DESIGNATED TEAMS HERE. 
          INFRASTRUCTURE IS SOMETHING THAT D5 RESIDENTS, YOU KNOW, THEY HAVE THE EXPECTATION THAT THAT'S WHERE THEIR TAXPAYER DOLLARS ARE GOING BUT THAT WE CONTINUE TO EQUITABLY INVEST IN OUR COMMUNITY. FOR EXAMPLE, THE WESTSIDE TIRZ , I BELIEVE IT'S A $1.6 MILLION CAPACITY. THAT'S BARELY A DROP IN THE BUCKET FOR A DRAINAGE PROJECT IN OUR DISTRICT. I THINK WE HAVE A RESPONSIBILITY TO TAKE THESE CONVERSATIONS SERIOUSLY, WHICH I KNOW WE ALL DO. 
          BUT AGAIN, JUST FAILING TO HAVE THE CONVERSATION WITH THE PROPOSED SCENARIOS MEANS LEAVING DISTRICTS 1 THROUGH 5 BEHIND. THANK YOU. 
          >> MAYOR JONES: THANK YOU. COUNCILMEMBER ALDERETE GAVITO, PLEASE. 
          >> GAVITO: THANK YOU. THANK YOU SO MUCH FOR THE PRESENTATIONS. 
          I'M GOING TO START WITH DEBT MANAGEMENT FIRST. TROY, THANKS TO YOU AND YOUR TEAM. Y'ALL KEEP US HAVING FANTASTIC RATINGS, SO WE APPRECIATE ALL Y'ALL'S EFFORTS. WE HAVE A GREAT TEAM HERE AND I DO TRUST THAT Y'ALL KEEP US FINANCIALLY HEALTHY. I DID HAVE A COUPLE OF QUESTIONS. ON SLIDE 13, CAN YOU WALK US THROUGH THE SCENARIO ON THE BOTTOM WHERE IT SAYS CONTINUED DECLINE IN TAXABLE VALUES MAY REQUIRE AN ADJUSTMENT IN THE DEBT SERVICE TAX RATE TO SUPPORT THE $450 MILLION BOND 
          PROGRAM. >> ELLIOTT: WE AS A CITY AND YOU AS A COUNCIL HAVE THAT EXPOSURE WITH THE CURRENT DEBT PROGRAM. FORTUNATELY IN THE PAST VALUES HAVE BEEN RISING SO WE HAVEN'T HAD TO EXPERIENCE THAT. 
          IF WE WERE TO MOVE FORWARD WITH THE $450 MILLION BOND PROGRAM, AND BASED ON OUR FORECAST, IF OUR ASSUMPTIONS ARE INCORRECT -- SAY, FOR EXAMPLE, THE PROPERTY VALUES CONTINUE TO DECLINE, THEN WE WOULD NOT HAVE THE ABILITY TO SERVICE THAT DEBT AT THE 21 CENTS AND SO WE MAY -- WE WOULD HAVE TO LOOK INTO INCREASING THE TAX RATE. 
          AS I MENTIONED BEFORE, BEFORE WE WOULD EVEN LOOK AT DOING THAT, WE WOULD LOOK AT WHAT OTHER OPPORTUNITIES WE HAVE TO RESTRUCTURE OUR DEBT, REFUND DEBT, AND THINGS LIKE THAT. BUT BASED ON STATE STATUTE, WE CAN ONLY LEVY A TAX RATE THAT CAN SUPPORT THE EXISTING DEBT. AND TO THE EXTENT THAT 
          VALUES AREN'T THERE, WE WOULD HAVE TO INCREASE IT. >> GAVITO: AND SO WHAT WOULD THAT LOOK LIKE? WOULD IT COME UP FOR A COUNCIL VOTE? 
          WHAT ARE THE LOGISTICS? >> C >> ELLIOTT: WE GET THE CERTIFIED ROLL, WE COME BACK AND SAY THIS IS HOW OUR VALUES ARE PERFORMING. 
          WE WOULD HAVE TO COME BACK TO YOU FOR AUTHORIZATION TO INCREASE THAT TAX RATE. 
          >> GAVITO: GOT IT. SOUNDS GOOD. THANK YOU. 
          ON SLIDE 14, I MISSED IT. YOU SAID IT WOULD EQUATE TO APPROXIMATELY $165 MILLION AND $300 MILLION ON THE ÚBO, ON BOND STUFF -- ON THE BOND 
          [02:31:00]
STUFF, THE -- ONE OF THE THINGS WE WANTED TO WORK ON IS TO ENSURE THAT WE CAN HAVE A QUICKER DELIVERY ON BOND PROJECTS. WE HAVE OUR HEMPHILL SIDEWALKS. THIS IS A 2022 BOND PROJECT BUT IT'S JUST ABOUT TO START. AND FOUR YEARS IS JUST SUCH A LONG TIME FOR THESE RESIDENTS TO BE WAITING. I THINK WE HEARD DIFFERENT STORIES FROM MY COLLEAGUES. 
          AND TO ME, THE LONGER THAT THEY'RE WAITING TO BE CONSTRUCTED, THE MORE EXPENSIVE THEY'RE GOING TO BE. SO WHAT ARE WE THINKING ON HOW WE'RE GOING TO MAKE THIS FASTER? ONE OF THE OTHER THINGS -- ACTUALLY, WE JUST HAVE A LETTER THAT I LOOKED AT THAT WE'RE FIXING TO SEND OUT TO THE FINE SILVER NEIGHBORHOOD ON A TRAFFIC SIGNAL . WHEN I FIRST GOT ELECTED WE WERE TALKING ABOUT THAT. YOU KNOW, THEY'RE LIKE, OH, TRAFFIC SIGNALS TAKE THREE YEARS. SO, YOU KNOW, TIME IS MONEY AND SO WHEN THESE PROJECTS ARE TAKING US SO LONG, I JUST FEEL THAT IT'S JUST EATING AWAY AT OUR BUDGET. 
          IF Y'ALL CARE TO TAKE THAT. >> SHANNON: THANK YOU, COUNCILWOMAN. 
          LOOK, WHAT WE WANT TO DO IS DELIVER PROJECTS CERTAINLY AS FAST AS WE CAN. 
          THERE IS A CERTAIN CYCLE OF A FIVE-YEAR BOND PROGRAM OR FOUR OR FIVE OR SIX-YEAR BOND PROGRAM WHERE WE DO A LOT OF DESIGN UP FRONT. SELECTING DESIGN PROFESSIONALS THROUGH OUR PROCESS AND DESIGNING A LOT OF TIMES IS THE FIRST COUPLE OF YEARS OF A SIGNIFICANT CAPITAL PROJECT. WE ARE HAVING DISCUSSIONS ON ANY OF OUR BOND PROJECTS THAT ARE SMALLER IN SCOPE AND SIZE, HOW CAN WE FRONT LOAD THOSE A LITTLE BIT QUICKER. SOME OF THEM, WHETHER IT'S A LARGE-SCALE STREET AND DRAINAGE PROJECT, IT'S GOING TO TAKE NOT ONLY THE DESIGN TIME BUT ALSO THE PERMITTING THROUGH -- COULD BE THROUGH FEMA OR SOMETHING LIKE THAT TO GET THAT. BUT I AGREE WITH YOU THAT WE CERTAINLY NEED TO GET THOSE SMALLER ONES OR QUICKER ONES DONE EARLIER. WE ALSO -- BY THE WAY, THERE IS A COMPONENT OF MAKING SURE THAT WE HAVE THE CAPACITY AT THE DESIGN AND THE CONTRACTORS AS WELL. SO WE CAN'T FRONT LOAD EVERYTHING IN THAT FIRST YEAR. BUT I'M OPEN TO MORE DISCUSSIONS. 
          IT IS SOMETHING THAT WE'RE LOOKING AT HISTORICALLY OF HOW CAN WE PRODUCE MORE IN THAT FIRST THREE YEARS OF IT AND THEN LEAVE THE REST. I THINK I'M SAYING I AGREE WITH YOU BUT THERE ARE THINGS WE HAVE TO FACTOR IN AS WE PLAN THOSE PROGRAMS. 
          >> GAVITO: YEAH, I THINK ONE OF THE FRUSTRATING THINGS FOR ME AS A COUNCIL MEMBER -- I'M NOT SURE IF MY COLLEAGUES SHARE THE SAME SENTIMENT -- WE'RE ALWAYS TOLD, OH, THIS WILL TAKE A DESIGN STUDY. IT'S GOING TO TAKE X NUMBER OF MONTHS AND COST THIS MUCH MONEY. SOMETIMES WE HAVE SEEN IMPLEMENTATION WHERE I'M SCRATCHING MY HEAD. I'M NOT AN ENGINEER BUT WE HAD AN INSTANCE IN DISTRICT 7 WHERE WE HAD BULB OUTS TO SLOW TRAFFIC DOWN AND NOBODY THOUGHT OF CYCLISTS. NOW CYCLISTS ARE HAVING TO RIDE INTO THE TRAFFIC BECAUSE NOBODY PLANNED FOR THAT. THERE WAS ANOTHER INSTANCE FOR A RESIDENT RIGHT NEXT TO ST. MARY'S UNIVERSITY BECAUSE THE CURVES AND THE WATER FLOW. HIS WHOLE FRONT YARD WAS COVERED IN WATER. 
          I SCRATCH MY HEAD AT THESE DESIGN FIRMS THAT WE'RE USING. 
          I MEAN, HOW ARE WE HOLDING THEM ACCOUNTABLE? HOW ARE WE MAKING SURE THAT WE'RE NOT GETTING OVERCHARGED IN THE PROCESS AND HOW DO WE GET THEM TO DO 
          THEIR JOB QUICKER? >> SHANNON: HOLDING OUR PARTNERS ACCOUNTABLE IS WHAT WE DO. I WILL SHARE WITH YOU THAT I THINK I TOUCHED ON IT. 
          OUR SCORECARD SYSTEM THAT WE'VE HAD FOR OUR CONTRACTORS, BASED ON OUR RESPONSIBLE BIDDER'S ORDINANCE, WE DID AN UPDATE AND ACTUALLY WE'RE STARTING TO SCORE OUR DESIGN PROFESSIONALS. NOW, WHEN WE SCORE DESIGN PROFESSIONALS, IT'S BASED ON A CRITERIA. IS THE DESIGN QUALITY? 
          [02:35:02]
IS IT ON TIME? HOW WAS THERE HELP DURING CONSTRUCTION? ALSO AS WE'RE CHOOSING CONTRACTORS MOVING FORWARD, DESIGN PROFESSIONALS, IF THEY MAKE A LOT OF THOSE ERRORS -- I'M NOT FAMILIAR WITH THE ONES YOU'RE TALKING ABOUT. I'LL BE HAPPY TO LOOK AT. IF THEY'RE MAKING ERRORS IN 
          DESIGN, THEN WE WON'T USE THEM AGAIN. >> GAVITO: YEAH, WELL, I DEFINITELY THINK THAT WE SHOULD MAKE SURE WE'RE KEEPING OUR CYCLISTS NOT GOING IN TRAFFIC AROUND A BULB OUT. THAT JUST SEEMS LIKE CAPITAL OBVIOUS STUFF FOR ME . ON SLIDE 3 FOR THE CAPITAL PROJECTS, THANK YOU SO MUCH FOR THE UTILITY COORDINATION IMPROVEMENTS. I KNOW THAT I'VE DONE THE UTILITY COORDINATION CCR. I THINK COUNCILWOMAN KAUR HAS DONE A LOT OF THE UTILITY COORDINATION WORK. AND MAYBE COUNCILWOMAN CASTILLO TOO. 
          I THINK YOU'RE SEEING -- WE'RE TRYING TO ATTACK IT AT ALL DIFFERENT ANGLES BECAUSE WE HEAR OUR RESIDENTS' CONCERNS ABOUT RIPPING UP STREETS AGAIN AND AGAIN. 
          HOWEVER WE CAN GET MORE EFFICIENT AND EFFECTIVE WITH THAT, WHETHER IT'S THROUGH PUBLIC WORKS PROJECTS, LIKE SMALLER PROJECTS OR BOND PROJECTS OR SAWS PROJECTS, WE JUST NEED TO TALK TO EACH OTHER. WE FACE THE BACK END OF RESIDENTS FRUSTRATED AND RIGHTLY SO. I DO WANT TO THANK YOU ALL FOR THE WORK THAT YOU ALL ARE DOING. I KNOW THAT WE WORK CLOSELY WITH YOU ALL, LIKE COUNCILMAN MUNGIA WAS SAYING. 
          Y'ALL ARE REALLY IMPORTANT PARTNERS FOR US. KIND OF SWITCHING GEARS TO YOU, ART, INFRASTRUCTURE WALKS THROUGH WITH US AND Y'ALL LISTEN TO OUR RESIDENTS' CONCERNS. THANK YOU SO MUCH FOR DOING THAT WITH US BECAUSE WE LOVE TO BE ON THE GROUND WITH THEM. 
          BEST WAYS THAT WE CAN MITIGATE THAT FOR THEM, WE'RE EXCITED. 
          I WAS EXCITED TO SEE THE HVAC REPLACEMENT AT THE WOODLAWN LAKE GYM. 
          THANK YOU FOR YOUR IMPROVEMENTS THAT Y'ALL ARE WORKING WITH US ON, WHICH IS STATE AND FEDERAL MONEY FOR WOODLAWN LAKE PARK. WE'RE EXCITED ABOUT THAT. 
          MOVING ON TO PUBLIC WORKS. REALLY JUST -- I KNOW I MENTIONED SOME OF IT TO MIKE. WAS REALLY ABOUT THE TRAFFIC SIGNALS. 
          YOU KNOW, I DO WANT TO COMMENT ON COUNCILWOMAN CASTILLO'S COMMENTS. 
          I THINK IT IS TRUE. LIKE INFRASTRUCTURE IS SO PRESENT TO RESIDENTS. 
          THIS IS THE PART OF THE BUDGET THEY WANT TO SEE WORKING FOR THEM. 
          THIS IS THE PART OF THE BUDGET THEY NEED TO SEE WORKING WITH THEM AND SO I THINK COLLECTIVELY, WE HAVE TO ASK WHAT IN OUR BUDGET IS A NEED TO HAVE VERSUS A NICE TO HAVE. I THINK WE HAVE A LOT OF NICE TO HAVES IN OUR BUDGET. 
          WE NEED TO DOUBLE DOWN ON THE NEED TO HAVES. Y'ALL MENTIONED VEGETATION MANAGEMENT AND WE JUST DEALT WITH A HORRIFIC CASE WITH ARIANA WITH THE VEGETATION. 
          TO ME, A NEED TO HAVE IS NOT CUTTING THOSE CREEKS ONCE A QUARTER. 
          BUT WHAT WOULD IT LOOK LIKE TO DO ONCE EVERY TWO MONTHS? THIS IS JUST A REPRIORITIZATION EXERCISE ARE NICE TO HAVES AND NEED TO HAVES. 
          I WOULD ARGUE WHAT YOU DO IN PUBLIC WORKS AND CAPITAL DELIVERY IS A NEED TO HAVE. 
          >> WALSH: MAYOR, JUST ONE THING. COUNCILWOMAN, REGARDING YOUR FIRST QUESTION FOR TROY. LET ME ADD SOME ADDITIONAL CONTEXT. 
          WE HAVE $2.9 BILLION IN OUTSTANDING DEBT. TROY SHARED THAT AS PART OF HIS PRESENTATION. NOW, SOME OF THAT IS SPECIAL REVENUE BUT IF WE WERE IN A POSITION WHERE WE COULD NOT ADJUST OUR MATURITY DATES OR TAKING ADVANTAGE OF REFUNDINGS AND WE NEEDED TO PAY BONDHOLDERS, THEN WE WOULD BE INCREASING TAXES. 
          WE HAVE AN OBLIGATION TO THE BONDHOLDERS AND SO THAT OBLIGATION EXISTS NOW. 
          WE'RE ABLE TO MANAGE THAT ON THAT STEADY, STRAIGHT-LINE TAX RATE ON THE DEBT SERVICE SIDE. THERE ARE LEVERS WE PULL ON MATURITY OR PAY SOMETHING OFF EARLY OR EXTEND THE LIFE OF THE DEBT. BUT RIGHT NOW, AS IT EXISTS, IF WE COULDN'T PAY A DEBT SERVICE PAYMENT BACKED BY THE PROPERTY TAX, WHETHER THAT'S A GO BOND OR TAX NOTE, WE WOULD NEED TO INCREASE TAXES. 
          YOU GUYS WOULD HAVE TO VOTE FOR IT BUT THERE WOULD BE NO OPTIONS. 
          THAT OBLIGATION RESTS ON OUR SHOULDERS ALREADY. I WANT TO MAKE SURE YOU 
          UNDERSTOOD THAT. >> GAVITO: THAT'S ACTUALLY WHAT I WAS ASKING. 
          [02:40:03]
I KNOW YOU HAVE AN OBLIGATION TOO, I JUST DIDN'T KNOW THE LOGISTICS OF 
          HOW IT WORKS. >> MAYOR JONES: COUNCILWOMAN SPEARS, PLEASE. 
          >> SPEARS: TROY, ON SLIDE 9, FIRST LINE, IT'S SHOWING A MIXTURE OF THE LONG-TERM AND SHORT-TERM DEBT THERE. IS THERE A WAY WE CAN SEE HOW THAT'S BROKEN DOWN? 
          >> ELLIOTT: I'M SORRY. CAN YOU CLARIFY YOUR QUESTION? 
          THIS IS BY TYPE OF DEBT. HOW DO YOU WANT TO SEE THAT? >> SPEARS: WELL, TAX NOTES 
          ARE SHORT TERM. >> ELLIOTT: YEAH, I CAN SHOW YOU HOW THEY'RE BROKEN DOWN. IN TERMS OF GENERAL OBLIGATIONS, WE HAVE $1.8 BILLION. 
          >> SPEARS: THOSE ARE SHORTER? >> ELLIOTT: IT'S A VARIETY. SOME WE ISSUE AT THREE, OTHERS ARE AT SEVEN. 
          IT'S AN AVERAGE LIFE. >> SPEARS: IN LOOKING AT THE CALCULATIONS, LET ME GO BACK TO SLIDE 16. IF WE STAY AT THE 450, IT WOULD EQUATE TO AN 
          ADDITIONAL $32 MILLION PER YEAR IN DEBT SERVICE, RIGHT? >> ELLIOTT: I CAN GO BACK AND IT'S NOT LINEAR. IT'S BASED ON CAPACITY. WE'RE ALSO GOING TO BE ISSUING DEBT BASED ON THE NEED THAT MIKE HAS ON THE BUDGET. 
          BUT IN TERMS OF CAPACITY, IT GROWS -- IT'S SMALLER ON THE FRONT END AND IT GROWS ON THE BACK END. I COULD PROBABLY LOOK AT THAT BUT IT'S NOT GOING TO 
          BE A LINEAR AMOUNT OF DEBT SERVICE. >> SPEARS: AND THEN IN THE OTHER TWO SCENARIOS IT WILL BE MORE OR LESS BETWEEN 65 TO 85 A YEAR ADDED? 
          >> ELLIOTT: IN TERMS OF DEBT SERVICE? WE CAN PROVIDE YOU OUR 
          ESTIMATES ON THE DEBT SERVICE PER YEAR. >> SPEARS: SO I GUESS WHAT I'M TRYING TO GET AT TOO -- ALSO WHAT YOU'RE SAYING. I ALSO FOUND IT INTERESTING IN LOOKING AT THAT CHART WHERE IT WAS SHOWING THE TAX, THE PROJECTIONS. 
          BECAUSE WE DID NOT REACH OUR PROJECTION, RIGHT, ON APPRAISALS. 
          SO MY CONCERN IS WE'RE IN A SCENARIO WHERE PERHAPS THERE'S A TAX RATE INCREASE AND THEN WE HAVE A BOND, A VARIABLE BOND RATE AND APPRAISALS DON'T FULLY GO UP. LIKE, IN THE GAP, MAYBE 2% OR SOMETHING LIKE THAT. 
          SO THEY'RE GOING TO GET HIT WITH A HIGHER TAX RATE, POTENTIALLY. 
          THEN THEY'RE GOING TO GET HIT WITH THE NEW VARIABLE RATE GOES UP ON THE DEBT SERVICE SIDE. AND SO I JUST CAN'T SEE A PLACE WHERE I CAN BE SUPPORTIVE OF SCENARIO 2 OR SCENARIO 3. BECAUSE WHEN YOU START LOOKING AT REAL NUMBERS, IT'S GOING TO BE SUPER IMPACTFUL IN A WORST-CASE SCENARIO. BECAUSE TO MY COLLEAGUES' POINTS ABOUT THE SAWS RATE INCREASE AND THEN THEY'RE TALKING ABOUT TAX RATE INCREASE AND THEN DOING THE DEBT SERVICE VARIABLE RATE, WE WOULD END UP -- I MEAN, PEOPLE COULD REALLY, REALLY BE IMPACTED. I JUST AM NOT COMFORTABLE WITH IT AT ALL. 
          AND THEN I WANTED TO ASK ON THE BONDS -- THANKS, TROY. WE REALLY HAVE TO BE THOUGHTFUL AND INTENTIONAL HERE. Y'ALL ALL KNOW THAT I'M FOCUSED ON PUBLIC SAFETY. THIS IS DEBT THAT'S GOING TO GO TO MY DAUGHTERS. 
          SO I'M REALLY THINKING ABOUT, WELL, WHAT ARE WE DOING HERE? IT'S GOT TO BE CORE, CORE, CORE STUFF. SO I'M LOOKING AT THE DRAINAGE PROJECTS. IF YOU CAN HELP ME UNDERSTAND. 
          SO THE COUNTY ASSESSES THEIR --T UNDERSTAND HOW WE'RE GOING TO DO ALL THESE DRAINAGE PROJECTS. BECAUSE WE'VE GOT THE BEXAR COUNTY FLOOD CONTROL TAX PEOPLE ARE PAYING, POTENTIALLY A TAXPAYER IS PAYING THAT, AS WELL AS OUR STORMWATER FEE. THERE COULD BE A [INDISCERNIBLE] AND THEN IF WE DO THE BOND DEBT ON TOP OF THAT, THAT'S A LOT OF FEES ON DRAINAGE PROJECTS AND HOW ARE WE COLLABORATING ON DRAINAGE PROJECTS WITH THE COUNTY? I KNOW WE USE THEIR WATERSHED MANAGEMENT PROGRAM. 
          >> SHANNON: I'LL START AND I KNOW ART MAY HELP ME WITH THIS ONE. 
          OUR BOND PROJECTS -- WE HAVE A LOT OF BOND NEEDS. I THINK WITH ALL THE INFRASTRUCTURE WE HAVE MORE NEEDS THAN WE HAVE MONEY. DEPENDING ON WHICH ONE WE TAKE. WE HAVE A STORMWATER ADVISORY BOARD THAT WORKS, 
          [02:45:06]
ART AND HIS TEAM HELP MANAGE THAT. YOU KNOW, WE'VE IDENTIFIED 100 OR SO PROJECTS THAT WE COULD DO IF WE HAD INFINITE MONEY. 
          AND THEY'RE WORKING TO SCORE AND PRIORITIZE AND HOW IT'S COMBINED WITH OR LEVERAGED WITH OTHER DOLLARS, WHETHER IT BE COUNTY OR ANY OTHER DOLLARS WE CAN FIND. 
          THAT'S THE CONSTANT BATTLE. NOT ONLY WITH DRAINAGE PROJECTS BUT WITH STREET PROJECTS THE SAME THING. AS WE'RE WORKING WITH PROJECTS THAT THE COUNTY MAY HAVE OR OTHER CITIES AROUND US. BUT THAT'S THE OVERVIEW. 
          WE'RE CONSTANTLY COORDINATING WITH THEM AND SEEING WHERE THEY CAN MATCH UP DOLLARS. BUT ART, DO YOU WANT TO JUMP IN? 
          >> REINHARDT: CLEANING UP FOR MIKE, AS USUAL. [LAUGHTER] I'M KIDDING, OF COURSE. SO EVERY RESIDENT IN BEXAR COUNTY PAYS IT. 
          THERE'S A ROAD AND BRIDGE FUND TAX. THAT'S COUNTY-WIDE. 
          THAT TAX IS USED FOR ROAD AND DRAINAGE PROJECTS. A GREAT COUPLE OF EXAMPLES. 
          2007 THROUGH 2017 BEXAR COUNTY HAD A $500 MILLION FLOOD CONTROL PROGRAM. 
          TWO-THIRDS OF THOSE PROJECTS WERE IN THE CITY LIMITS. MASSIVE INVESTMENT IN SAN PEDRO CREEK, MISSION REACH YEARS AGO. YOU TALKED ABOUT THE STORMWATER FEE, THAT GOES TO PAY FOR OUR OPERATIONS. WE DO SOME CAPITAL OUT THERE. THE REGIONAL FUND IS A DEVELOPMENT FEE. 
          SO IT'S NOT AN IMPACT FEE LIKE SAWS HAS BUT IT'S OUR VERSION OF OUR DEVELOPMENT FEE. THERE'S STATE LAW REQUIREMENTS ON IMPACT FEES OR OTHER TYPES OF FEES. THAT FUND GOES TO DO REGIONAL PROJECTS. 
          EXAMPLE OF HOW THAT COORDINATES WITH THE BOND IS IN THE 2022 BOND PROGRAM. 
          I THINK ABOUT $45 MILLION FROM THAT REGIONAL FUND IS HELPING SUPPORT THOSE PROJECTS. CERTAINLY, LIKE MIKE MENTIONED, THERE'S A LOT OF NEED OUT THERE BUT THERE ARE GOOD EXAMPLES OF THAT COLLABORATION GOING ON. 
          >> SPEARS: OKAY. SLIDE 3 OF THE BOND PRESENTATION. 
          I REALLY AM SO HAPPY TO SEE THAT -- YES. THAT'S IT. 
          THE CONTRACTOR PERFORMANCE, THE CARROT AND THE STICK APPROACH. 
          THAT'S GREAT. WE TALKED ABOUT THAT AND I THINK THAT'S GREAT. 
          ARE WE USING THE SCORECARD AS WELL ON THE PUBLIC WORKS SIDE? YEAH? OKAY. I ALSO WANT TO COMMEND YOU ON GOING TO THE CRADLE TO GRAVE APPROACH. I HAVE HEARD THAT SO OFTEN FROM DIFFERENT PEOPLE IN THE COMMUNITY THAT IT JUST HELPS WITH US NOT HAVING A LOT OF CHANGE ORDERS AND INCREASES ON THE PROJECTS. THAT'S REALLY GREAT TOO. 
          SO ARE WE LOOKING AT -- I ALWAYS ASK THIS QUESTION -- BUT ARE THERE GRANTS THAT WE SHOULD BE LOOKING AT ALL OVER THE PLACE TO FILL ANY GAPS OR THINGS WE CAN BE GOING AFTER? BECAUSE I JUST WANT TO MAKE SURE WE'RE ALWAYS GOING AFTER EVERY GRANT WE POSSIBLY CAN. GET THE STATE OR FEDERAL 
          GOVERNMENT TO PAY FOR IT, IF WE CAN. >> SHANNON: THE ANSWER IS YES. WE'RE CONSTANTLY APPLYING FOR AND GETTING GRANTS. 
          RECENTLY, WE WERE SELECTED TO GET SOME FEDERAL AND STATE MONEY FOR SOME OF OUR PROJECTS PROVIDING OVERPASSES OVER SOME OF THE RAILROAD CROSSINGS. 
          YOU SAW SOME MAYBE IN THE NEWS RECENTLY. BUT WE'RE CONSTANTLY APPLYING FOR AND GETTING GRANTS. SEVERAL OF OUR PROJECTS, AS WE BRING THEM TO YOU FOR DESIGN APPROVAL OR WITH THE CONTRACTOR, WE SHOW YOU WHERE THOSE FUNDS ARE COMING FROM. SOME WE'RE LEVERAGING BOND DOLLARS WITH THOSE GRANT DOLLARS. WE TALKED ABOUT ONE AT AUDIT TODAY WHERE WE HAVE AN $8 MILLION FEDERAL GRANT COMBINED WITH $3 MILLION FOR CULEBRA ROAD. THOSE ARE SOME RECENT ONES. BUT WE'RE CONSTANTLY LOOKING FOR THOSE DOLLARS THAT'S GOOD. AND THEN ON SLIDE 9, IS THE BULVERDE ROAD GREEN SPINNING TO REDLAND ROAD PROJECT, IS IT ON TIME AND ON SCHEDULE? . 
          >> SHANNON: YEAH. THAT ONE IS ON TIME. WE'LL BE STARTING THAT ONE 
          NEXT YEAR. >> SPEARS: AND WE BUDGET FOR ENVIRONMENTAL 
          ASSESSMENTS ON EACH OF THESE CAPITAL PROJECTS, RIGHT? >> SHANNON: YES. 
          WE HAVE TO GO THROUGH THE ENVIRONMENTAL PERMITTING PROCESS ON ALL OF THEM. 
          >> SPEARS: I WILL CONCUR THE CIP BUDGET IS JUST -- I NEED THAT MONEY TERRIBLY FOR MY DISTRICT AND IT'S GOT TO BE -- WE'VE GOT TO INCREASE THAT FROM THE $200,000. 
          [02:50:07]
THIS IS CORE SERVICE. WHAT YOU GUYS DO IS CORE, CORE SERVICES. 
          SO IT'S REALLY IMPORTANT THAT WE MAKE SURE THAT WE FUND THAT AND WILLING TO LOOK AT OTHER WAYS. THAT'S WHY I ASK SO MUCH ABOUT THE DRAINAGE. 
          THANK YOU FOR ALL YOUR HARD WORK. I KNOW IT WAS A LOT OF WORK. 
          THANKS. >> MAYOR JONES: COUNCILMAN MCKEE-RODRIGUEZ, PLEASE. 
          >> MCKEE-RODRIGUEZ: THANK YOU, MAYOR. I WILL BE VERY BRIEF AND I WANT TO MAKE THREE POINTS, I THINK. ONE, FOR ALL THE REASONS COUNCILMEMBER CASTILLO LAID OUT EARLIER, I WON'T BELABOR THE POINT, I WOULD ALSO SUPPORT SCENARIO 3 AS IT RELATES TO BOND AND THE VARIABLE TAX RATE. 
          MANY OF OUR DISTRICTS ARE RELYING ON THESE DOLLARS AND FOR PROJECTS TO FINALLY HAVE THE ABILITY TO BE DONE. IT WOULD BE SUCH A DISSERVICE FOR US TO LOOK AT RIGHT NOW, AS WE'RE FINALLY GETTING TO THE POINT WHERE AREAS MOST IN NEED ARE HAVING PROJECTS ADDRESSED, FOR US TO NOW DECIDE, OH, WE'RE NOT GOING TO DO EVERYTHING POSSIBLE TO MAKE THESE PROJECTS HAPPEN. SECOND ONE IS I BELIEVE WITH --R PUBLIC WORKS. WE DO NEED A RECOMMITMENT TO EQUITY AND CLEAR GOALS WITH -- MAYBE A COUPLE OF YEARS AGO, BEFORE YOU WERE DIRECTOR, WE HAD A GOAL THAT BY THE YEAR 2030 EVERY DISTRICT WOULD BE AT 80%. WITHIN A FEW PERCENTAGE POINTS OF ONE ANOTHER. AND WE WOULD HAVE NO MORE THAN A CERTAIN PERCENTAGE OF F STREETS. I FEEL LIKE IN THE PAST COUPLE OF YEARS I HAVE NOT SEEN THOSE GOALS REFERENCED. I HAVEN'T SEEN A REORIENTATION ABOUT HOW WE CAN GET THERE. WHAT MY DISTRICT EXPECTS AND MANY OTHERS, AT SOME POINT, DRIVING THE FOLLOW-UP MEMO I WANT TO KNOW WHEN WE CAN EXPECT A REAFFIRMATION TO THOSE GOALS, EVEN IF IT PUSHES BACK THE TIMELINE A LITTLE BIT . 
          THE LAST BIT -- SO I THINK WITH REGARD TO COUNCILMEMBER SPEARS POINT ABOUT THE CIP DOLLARS, COUNCILMEMBER KAUR IS ABOUT TO BRING UP AN IDEA ABOUT THAT AND I THINK I'M INTERESTED IN EXPLORING THAT. THE QUESTION IS -- AND BECAUSE I HAVE HEARD COUNCILMEMBER ALDERETE GAVITO AND COUNCILMEMBER SUKH -- COUNCILMEMBER KAUR, WE HAVE HAD CONVERSATIONS ABOUT THE TIME IT TAKES CERTAIN PROJECTS TO BE DELIVERED AND TAKING YEARS FOR A NAMP PROJECT SOUNDS CRAZY TO ME. AND SO I'M WONDERING IF WE COULD GET EITHER AN AUDIT OR SOME AMOUNT OF DATA PRESENTED TO US ON THE TIME THAT IT TAKES FOR PROJECTS TO BE DELIVERED BY DISTRICT AND BY TYPE. AND SO THAT TO ME WOULD LOOK LIKE TRAFFIC SIGNALS, SIGNAGE, SIDEWALKS, PAVEMENT MARKINGS, STREETS, ET CETERA. HOWEVER WE WOULD TYPICALLY DIFFERENTIATE PROJECTS ON THE IMP, THAT BREAKDOWN BY DISTRICT. THAT INFORMATION WOULD SERVE US AS A BODY. BUT ALSO YOU AS A DEPARTMENT TO EVALUATE HOW WE ARE DELIVERING ON THE GOALS OF EQUITY AND TRANSPARENCY AND ACCOUNTABILITY TO OUR CONSTITUENTS THAT ARE ALL PAYING INTO THESE FUNDS. I KNOW I SAID THAT WAS GOING TO BE THE LAST ONE BUT I THINK AS WE TALK ABOUT THE COUNTY, I'M LOOKING AT THE COUNTY PROJECT MAP. AND I AM A COUNTY TAXPAYER. MY RESIDENTS ARE COUNTY TAXPAYERS AS ARE ALL OF YOURS. I'M LOOKING AT THIS PROJECT MAP AND I AM HARD PRESSED TO FIND A SINGLE PROJECT WITHIN THE CITY LIMITS. 
          AND THAT, TO ME, IS A PROBLEM. SO IF THERE'S GOING TO BE ANY DISCUSSION ABOUT THE COUNTY'S INVESTMENT IN FLOOD INFRASTRUCTURE, OUR OWN INVESTMENT IN FLOOD INFRASTRUCTURE, STREETS, ALL OF THAT, WE NEED THE COUNTY TO BE -- I DON'T KNOW WHAT AN INFRASTRUCTURE MORATORIUM IS, THAT SOUNDS CRAZY TO ME. 
          AT SOME POINT WE NEED TO BRING THE COUNTY TO THE TABLE. 
          I WOULD BE HAPPY TO DO THAT AT IGR OR TRANSPORTATION INFRASTRUCTURE, BUT OUR RESIDENTS ARE OWED THESE DOLLARS AND THIS INVESTMENT AND THEY HAVE NOT BEEN GETTING IT. I THINK, AS WE TALK ABOUT INFRASTRUCTURE, PUBLIC WORKS, AND CAPITAL DELIVERY, WE CAN'T AFFORD FOR THIS DISCUSSION TO BE SILOED FROM THE OTHER TAXPAYER DOLLARS THAT ARE BEING SPENT, WHICH ARE NOT BEING SPENT WHERE THEY'RE MOST NEEDED. ALL THAT WRAPS IT UP IN FOUR MINUTES. 
          THANK YOU. >> MAYOR JONES: THANK YOU. COUNCILMEMBER KAUR, PLEASE. 
          >> KAUR: THANKS, MAYOR. I WANT TO ECHO A LOT OF WHAT MY COLLEAGUES SAID BUT THE IDEA THAT I WAS BRAINSTORMING EARLIER WAS -- ART, CIP DOLLARS COMES OUT OF OUR CAPITAL BUDGET SO IT AFFECTS OUR DEBT. WHETHER WE TAKE IT OUT NOW 
          [02:55:03]
OR IN THE BOND, IT'S DEBT DOLLARS. WHAT IF WE TOLD OR MADE THE RECOMMENDATION TO TAKE IT OUT OF OUR BOND DOLLARS AND WE ALL GET 5 -- IF WE WANTED TO DO IT THE SAME WAY, THERE'S TWO WAYS WE CAN DO IT. 
          THIS GOES TO THE EQUITY QUESTION. WE CAN SAY WE'RE GOING TO PUT $5 MILLION FOR OUR FIVE-YEAR BOND PROGRAM FOR EACH DISTRICT AND THEN WE DRAW DOWN ON THAT EVERY YEAR. WE COULD GIVE THEM PROJECTS SIMILARLY AND WORK THROUGH ESSENTIALLY HOW WE WOULD WORK OUR ANNUAL CIP, JUST WITHIN THE BOND PACKAGE. OR WE COULD SAY WE'RE GOING TO PUT, YOU KNOW, $25 MILLION -- 50 IF WE WANTED TO GO WITH THE SAME MATH AND SAY WE WANTED TO DO IT FROM AN EQUITY PERSPECTIVE. HOW WE MIGHT DIVVY UP THAT MONEY MIGHT BE TRICKIER BUT TO THE POINT AROUND TRYING TO MAKE SURE ALL OF OUR DISTRICTS GET THE APPROPRIATE INFRASTRUCTURE SUPPORT THEY NEED. 
          JUST TWO IDEAS THAT AT THE END OF THE DAY WHAT WE KNOW IS WE NEED INFRASTRUCTURE DOLLARS IN OUR DISTRICT. WE COULD KIND OF DETERMINE IF WE COULD OFFSET -- AND THAT MIGHT CHANGE FOLKS' MINDS ABOUT WHICH OPTION THEY WANT FOR THE BOND 
          PACKAGE. THANKS, MAYOR. >> WALSH: MAYOR, JUST A CLARIFICATION. WHAT WAS YOUR SECOND ALTERNATIVE? 
          >> KAUR: IT WAS AN EQUITY FOCUSED. RIGHT NOW WE HAVE KIND OF ALWAYS DONE THIS EQUAL MILLION DOLLARS -- WE'VE DONE IT EQUALLY WHERE EACH -- AND I THINK MIKE ALWAYS CALLS THIS PROPORTIONALLY. 
          A MILLION DOLLARS EACH DISTRICT VERSUS, OKAY, THERE'S MORE SIDEWALK NEEDS IN X DISTRICT. SO WE'RE GOING TO GIVE -- DIVVY OUT THOSE CIP DOLLARS 
          IN MORE OF AN EQUITABLE WAY. >> WALSH: THAT ALTERNATIVE THAT YOU'RE SUGGESTING, 
          WOULD THAT ALSO BE PART OF THE BOND PROGRAM? >> KAUR: I THINK THAT'S THE BEST WAY TO DO IT, FROM A DEBT SITUATION. BUT I THINK THAT'S PROBABLY A WHOLE OTHER CONVERSATION AND IT'S PROBABLY JUST EASIER TO GIVE -- BUT I'M PUTTING IT OUT THERE IN CASE THERE'S ENOUGH APPETITE TO DISCUSS WHAT THAT COULD LOOK LIKE. SORRY. I WANT TO DOUBLE DOWN ON -- AND COUNCILMEMBER MCKEE-RODRIGUEZ, IF WE COULD WORK WITH THE PUBLIC WORKS DEPARTMENT, MAYBE WE CAN TAKE THE LAST THING THAT HE JUST REQUESTED ABOUT A BREAKDOWN BY TYPES OF PROJECT TO THE NEXT AVAILABLE TNI COMMITTEE MEETING. HE KEPT SAYING HE HAS DIFFERENT EXPERIENCES, DIFFERENT NEEDS AND I THOUGHT IT MIGHT BE HELPFUL FOR ALL OF US TO UNDERSTAND WHAT THE -- AT LEAST FOR PEOPLE ON THE TNI COMMITTEE, WHAT THEIR EXPERIENCES ARE. 
          THANK YOU. >> MAYOR JONES: THANK YOU. COUNCILMEMBER GALVAN, 
          PLEASE. >> GALVAN: THANK YOU, MAYOR. 
          JUST A COUPLE OF QUICK THINGS FOR TROY. THE VARIABLE TAX RATE, JUST FOR A QUICK CLARIFICATION. SLIDE 14 ON THE ONE CENT INCREASE EQUALING OUT TO HOWEVER MUCH VALUE. THAT'S WITHIN THE VARIABLE TAX RATE. 
          WE'RE NOT TALKING ABOUT THE GENERAL TAX RATE THAT WE TYPICALLY HAVE ON PROPERTY 
          TAXES, RIGHT? >> ELLIOTT: THAT'S CORRECT. 
          THAT WOULD BE ANYTHING ABOVE $450 MILLION. >> GALVAN: GOT IT. 
          CAN YOU TELL ME ABOUT -- OF COURSE ALL OF OUR BONDS GO TO THE VOTERS. 
          THAT'S AN IMPORTANT PART OF THIS CONVERSATION IS THAT -- SORRY. 
          THESE BONDS WILL GO TO THE VOTERS. SAY, FOR EXAMPLE, IF WE DID THE 1.2 -- SCENARIO 2 AND THE VOTERS DECIDED THEY DID NOT WANT TO HAVE THEIR TAXES RAISED ON THIS BOND PROGRAM. WOULD THERE BE AN IMPACT TO OUR BOND RATING FOR THAT AT 
          ALL? >> ELLIOTT: WE WOULD HAVE TO GO BACK AND TALK TO THE RATING AGENCIES. THERE COULD BE AN IMPACT TO THE RATING BECAUSE WE'RE NOT INVESTING IN THE INFRASTRUCTURE THAT WE ARE -- FOR THE CITY'S INFRASTRUCTURE. THAT'S ONE OF THE PIECES THEY LOOK AT. 
          WE WOULD DO WHAT WE COULD TO MITIGATE THAT. BUT IN THE EVENT THAT THE VOTERS DID NOT APPROVE THE BONDS, THEN WE WOULD BE FORCED TO GO BACK AND LOOK AT OUR DEBT SERVICE TAX RATE AND WHAT WE NEED TO SUPPORT IT. 
          >> GALVAN: WOULD YOU RECOMMEND WE JUST GO OUT FOR A DIFFERENT BOND THAT'S A 
          LOWER CAPACITY THAT DOESN'T IMPACT THE TAX RATE? >> ELLIOTT: YOU COULD. 
          YOU COULD STEP BACK AND RELOOK AT WHAT WE NEED TO DO IN TERMS OF REPACKAGING THAT BOND. OF COURSE, THERE WOULD BE COSTS ASSOCIATED WITH THAT. 
          >> GALVAN: IS THERE ANY WAY TO AUGMENT THIS BOND PROGRAM -- I THINK YOU GAVE US THE ANSWER LAST YEAR. IS THERE ANY WAY TO AUGMENT IT WITH STORM BONDS OR ANY OTHER BONDS [INDISCERNIBLE] WITHIN THE TYPICAL BOND PACKAGE? 
          >> ELLIOTT: YEAH, WE COULD. ONE OF THE THINGS WE TALKED ABOUT IN THE LAST PRESENTATION -- YOU SAW IT ON THE SLIDE, WHAT'S REMAINING IN THE STORMWATER REVENUE BONDS. WE COULD LOOK AT AN 
          [03:00:04]
ADDITIONAL REVENUE BOND FOR $100 MILLION OR WHATEVER THE CAPACITY WOULD SUPPORT. 
          AND SEE HOW THAT WOULD SUPPLEMENT THE G.O. BOND PROGRAM. 
          >> GALVAN: I DON'T KNOW HOW MUCH TIME WE HAVE TO DO A SCENARIO ON THAT, UNDERSTANDING WHAT'S THE BREAKOUT THEN FOR THE COST TO THE RESIDENT IF THE STORMWATER FEE GOES UP IN SOME FORM. OR IT STAYS THE SAME. 
          EVEN TO DO A REVENUE BOND ON THE CURRENT RATE OF IT. HOW THAT AFFECTS THE LARGER BOND PACKAGE THAT WE'RE TALKING ABOUT HERE. AND THEREFORE THAT COST. 
          WHAT'S THE CAPACITY THEN WITH THAT -- WITH THE REMAINING LEFTOVER THAT'S NOT MAKE TO THE STORMWATER REVENUE BOND. I DON'T KNOW IF IT'S EASY TO REMOVE THE STORMWATER ONES AND CALL IT A DAY OR MORE CAPACITY IN SOME OTHER FORM. 
          I WOULD BE INTERESTED IN SEEING WHAT THAT LOOKS LIKE. >> ELLIOTT: WE CAN DO THAT. I THINK WE HAD SOME OF THOSE SCENARIOS WE DID BACK IN 
          JANUARY. >> GALVAN: THANK YOU. THAT WOULD BE GREAT. 
          I THINK YOU MADE A QUICK POINT ABOUT THE -- WHAT THE REGULATORS LOOK AT WHEN WE TALK ABOUT BOND RATINGS. BY NOT INVESTING IN OUR CITY FACILITIES, NOT INVESTING IN INFRASTRUCTURE, NOT INVESTING IN THESE THINGS THAT ALLOW OUR RESIDENTS TO LIVE EVERY DAY, TO HAVE A BETTER QUALITY OF LIFE. AND OF COURSE FOR OUR ECONOMY TO FUNCTION IN OUR CITY TO HAVE THINGS MOVED ACROSS OUR CITY. 
          WE'RE PUTTING OURSELVES IN A WORSE POSITION FINANCIALLY. IS THAT AN ACCURATE 
          REPRESENTATION OF WHAT YOU SAID? >> ELLIOTT: I BELIEVE IT IS. TO THE EXTENT WE'RE NOT REINVESTING IN OUR INFRASTRUCTURE, A RATING AGENCY WILL LOOK AT THAT. WE WERE TALKING ABOUT THE IMPACT ON OUR RATINGS FOR MOVING TO A VARIABLE TAX RATE. 
          YOU KNOW, BEN AND I WERE TALKING ABOUT IT A FEW MINUTES AGO AND SIMILAR TO -- WE JUST HAD A CONVERSATION WITH THE RATING AGENCIES ON MANAGING OUR BUDGET DEFICIT. AND HAVING A CONVERSATION IF WE WERE TO INCREASE OUR TAX RATE, DOES THAT IMPACT OUR CREDIT RATINGS? NO, BECAUSE GIVEN THAT FLEXIBILITY, AS A COUNCIL AND CITY EVEN EXPLORING THAT, THAT WE'RE LOOKING AT HOW WE'RE GOING TO FILL THAT GAP ON THE OPERATING SIDE, THAT TYPICALLY IS GOING TO BE A CREDIT POSITIVE. ANYTHING WE DO FROM A FLEXIBILITY STANDPOINT, EVEN ON THE DEBT SIDE AS WELL, LOOKING AT THAT VARIABILITY PROBABLY WOULDN'T HAVE MUCH OF AN IMPACT ON OUR CREDIT RATING AND WOULD BE VIEWED POSITIVELY BY THE CREDIT 
          AGENCIES. >> GALVAN: WHAT'S THE IMPACT TO PROPERTY VALUES? DO WE SEE AN UPTICK IN THEIR PROPERTY VALUES THAT LEAD TO A LARGER GENERATION OF 
          REVENUE FOR US. >> ELLIOTT: I HAVE NOT LOOKED AT THAT SPECIFICALLY. 
          >> GALVAN: I'M NOT IN THIS WORLD THAT MUCH SO UNDERSTANDING WHAT KIND OF TRENDS THERE ARE AND THE RESEARCH FOR THAT, WHETHER IT'S LOCALLY FOR US OR OVERALL WOULD BE HELPFUL. I IMAGINE INVESTING IN PLACES THAT TYPICALLY HAVE NOT HAD INVESTMENT. ALL THOSE THINGS COINCIDE AND I WANT TO BE COGNIZANT WHEN WE TALK ABOUT REDUCING THE CAPACITY FOR OUR BOND , AT LEAST FOR MY COLLEAGUES. 
          >> MAYOR JONES: THANK YOU. COUNCILMEMBER MEZA GONZALEZ, PLEASE. 
          >> GONZALEZ: THANK YOU. JUST A FEW QUICK QUESTIONS ON PUBLIC WORKS. 
          ON SLIDE 11. ON THE BUDGET LIMITATION FOR ANALYSIS OR DESIGNS THAT 
          EXCEED THE $50,000. WHERE ARE THOSE GOING? >> REINHARDT: THE INTENT BEHIND THIS IS THINKING BACK TO HISTORICAL PRACTICE. MOST OF THE ESTIMATES FOR NAMP, WE DO IN-HOUSE. WE ESTIMATE ABOUT 25% OF THE ONES THAT COME IN. 
          THINKING OF THE CLOSE TO 200 ESTIMATES THAT WE GET A YEAR, WE'RE TRYING TO USE THE RESOURCES WITH THE BEST FOCUS.                      &-Ú, THOSE WOULD PROBABLY BE READY FOR TWO. SAY WE HAVE DONE THAT WORK, THIS IS WHAT THE PROJECT WILL COST. WE'LL JUST GO ON BASED ON AS THEY COME IN UNTIL THOSE 
          FUNDS ARE UTILIZED. >> GONZALEZ: MY LAST QUESTION IS ON THE $300,000, THE CLOUD-BASED SOFTWARE. IS THAT A REOCCURRING SUBSCRIPTION OR INITIAL 
          START-UP? >> THERE WILL BE A REOCCURRING COST. 
          THE $300,000 IS BASED ON ON ESTIMATES. IT WILL BE PART OF OUR ITS 
          PROGRAM IN THE FUTURE. >> GONZALEZ: WE DON'T KNOW WHAT THAT IS, 27-28 OR '29? 
          [03:05:05]
          >> REINHARDT: IT WILL LIKELY BE THE SAME AMOUNT. >> GONZALEZ: REOCCURRING. 
          THOSE ARE MY QUESTIONS. THANK YOU. >> MAYOR JONES: THANK YOU. 
          COUNCILMEMBER SPEARS, PLEASE. >> SPEARS: THANKS, MAYOR. 
          JUST A COUPLE OF QUICK QUESTIONS. ART, ON PUBLIC WORKS, SLIDE 10, I SEE A $500,000 IN THE CONSULTANT SUPPORT. MAYBE SOMEONE ASKED ABOUT THAT. BUT A MILLION DOLLARS FOR THE ANNUAL PROGRAM. 
          CAN YOU HELP ME UNDERSTAND THE NEED OR WHY THAT'S SUCH A BIG NUMBER? 
          >> REINHARDT: SO THIS MILLION DOLLARS, WE'VE BEEN HAVING THIS FOR WELL OVER A DECADE AS OUR TRAFFIC CALMING PROGRAM. WE'RE BASICALLY TRANSITIONING THE APPROACH. INSTEAD OF DOING TWO TO THREE PROJECTS WITH TRADITIONAL CAPITAL EXPENDITURES, WE'RE LOOKING TO TARGET WELL OVER A DOZEN DIFFERENT PROJECTS WITH THESE FUNDS. IT'S THE SAME FUNDING THAT WE HAVE HAD, WE'RE JUST TAKING A DIFFERENT APPROACH TO DO MORE. 
          >> SPEARS: COOL. 
          THEN SLIDE 9. AT THE PROPOSED FUNDING LEVEL, HOW LONG WOULD IT 
          TAKE US TO REALLY REDUCE THIS SIDEWALK BACKLOG? >> REINHARDT: SO BASED ON OUR UPDATED ANALYSIS, WE HAVE ABOUT 1500 MILES OF SIDEWALK GAPS. 
          THAT'S ABOUT A $900 MILLION NEED. SO IT WILL TAKE QUITE A 
          WHILE. >> SPEARS: QUITE A WHILE. OKAY. 
          I THINK THAT'S IT FOR YOU. THE LAST THING I WANTED TO SAY WAS I REALLY FEEL LIKE I COULD USE A DAY WHERE, TO MAKE A REALLY GOOD ASSESSMENT AND SEE THE SCENARIOS WHERE WE'RE TALKING TAX RATE, TIRZ, AND HOW GENERAL FUND DOLLARS ARE AFFECTED THERE. THE DEBT SERVICE, THE BOND, ALL THE OTHER TAXING ENTITIES AND WHAT THAT LOOKS LIKE. AND THEN THE POTENTIAL SAWS RATE HIKE. I'M JUST TRYING TO REALLY THINK ABOUT WHAT IS GOING TO BE -- HOW IS THE TAXPAYER, WHAT ARE THEY GOING TO SEE? WHAT'S GOING TO HAPPEN? WHEN WE DO THIS SORT OF PIECEMEAL OF EVERYTHING AND I TRY TO PUT IT ALL TOGETHER UNDER ALL THESE SCENARIOS, IT'S JUST HARD TO MAKE THE BEST DECISION. 
          I KNOW THAT Y'ALL WORK REALLY, REALLY HARD ON THIS AND IT'S A LOT OF INFORMATION. BUT I DON'T KNOW IF THERE'S A WAY -- THERE'S GOT TO BE A WAY FOR US TO SEE EACH SCENARIO. LIKE TOP TO BOTTOM THIS IS WHAT WE'RE LOOKING AT. I JUST WANTED TO SEE IF THAT'S SOMETHING WE COULD 
          POSSIBLY ENTERTAIN. THANKS. >> MAYOR JONES: THANK YOU. 
          ANYONE ELSE LIKE TO SPEAK ON THE SECOND ROUND? OKAY. 
          A COUPLE OF FOLLOW-UP QUESTIONS. MIKE, PLEASE. 
          I SAW THE FUNDING FOR THE BEITEL CREEK DAMAGE, $3.4 MILLION . 
          AFTER THAT, WHAT IS LEFT THAT NEEDS TO BE FUNDED RELATED TO THE FLOOD LAST 
          YEAR? >> REINHARDT: THAT PROJECT IS FUNDED IN THE CAPITAL PROGRAM AND PUBLIC WORKS IS MANAGING IT. THE REPORT HAD ABOUT SIX RECOMMENDATIONS. THEY WEREN'T PROJECTS, PER SE. 
          THEY TALKED ABOUT SOME OF THE TXDOT WORK NEEDED ON THE FRONTAGE ROAD. 
          CERTAINLY THIS WAS ONE OF THE ONLY PROJECTS THAT CAME OUT. 
          AS FAR AS THE RECOMMENDATIONS GO, EVERYTHING -- AND WE'RE GETTING READY TO SEND OUR NEXT QUARTERLY UPDATE. EVERYTHING IS EITHER COMPLETED OR UNDERWAY. INSTALLING INFRASTRUCTURE ON THE FRONTAGE ROAD. 
          WE WORKED WITH THE PROPERTY OWNER ON COMPLETING THE BRUSH REMOVAL. 
          WE'VE DONE SOME TEMPORARY REPAIRS OF THE CREEK AND WE ARE UNDER DESIGN FOR PERMANENT REPAIRS. THIS WAS THE LAST REAL PIECE TO BE DONE AND SO THAT'S REMOVING THE LOW-WATER CROSSING AND RECONSTRUCTING IT AS PART OF THE CHANNEL. 
          >> MAYOR JONES: ONCE THIS IS FUNDED, THERE ARE NO OTHER MAJOR PROJECTS? 
          >> REINHARDT: CORRECT. >> MAYOR JONES: OKAY. >> REINHARDT: ONE OF THE BIG HIGHLIGHTS IS THE NEXTGEN FLOW WARNING SYSTEM. WE'RE PAPPING IN AND THE 
          RIVER AUTHORITY IS LEADING. THAT'S ONGOING WORK . >> MAYOR JONES: THANK YOU. 
          DEFINITELY WANT TO BE ABLE TO SAY THAT WITH CONFIDENCE TO THE COMMUNITY. 
          THANK YOU SO MUCH. MIKE, YOU MENTIONED NEXT TIME, WHENEVER YOU GO BACK OUT TO THE COMMUNITY FOR A BOND, WE WANT TO BE ABLE TO SAY WE HIT 90% OF THE PREVIOUS. WHEN WILL WE HIT 90% OF THE 2022 BOND? 
          >> SHANNON: I THINK WE'RE SCHEDULED FOR RIGHT AT FEBRUARY. 
          THE END OF THE YEAR. >> MAYOR JONES: THAT'S GOOD TIMING, HUH? FEBRUARY '27. THANK YOU FOR THAT. ART, I SHOULD HAVE MENTIONED --D ERIK IF WE HAD GOTTEN ANY RESPONSE ON THE -- FROM ICE REGARDING, YOU KNOW, 
          [03:10:01]
UTILIZING OUR PROCESSES AS PART OF WHATEVER THEY NEED TO DO. 
          WHEN WE DO HEAR SOMETHING -- IDEALLY, WE DO. IF WE'RE ASKED TO DO ANY KIND OF INFRASTRUCTURE-RELATED WORK, OBVIOUSLY THIS BODY WOULD LIKE TO KNOW THAT AS SOON AS POSSIBLE SO WE HAVE A GOOD ACCOUNTING OF ANY CITY RESOURCES THAT ARE POTENTIALLY REQUESTED TO SUPPORT WHAT THEY'RE DOING. 
          ERIK? >> WALSH: NO, I UNDERSTAND. 
          >> MAYOR JONES: THANK YOU. >> MAYOR JONES: DID JOHN NEED TO SAY SOMETHING? 
          >> WALSH: I THINK WHAT JOHN WAS GOING TO SAY WAS THE OTHER THING THAT WE'VE DONE IS, AS A RESULT OF THE LETTER YOU GOT, AMIN FROM DEVELOPMENT SERVICES SENT THE LETTER SAYING WE'RE READY TO WORK WITH YOU ON YOUR -- ON THE PROCESS. 
          WE HAVE NOT HEARD BACK FROM THEM TO THIS POINT. >> MAYOR JONES: RIGHT. 
          THAT'S WHAT I WAS MENTIONING. I KNOW WE HAVEN'T HEARD ANYTHING BUT AS SOON AS WE DO, I WOULD LIKE TO UNDERSTAND ANY RESOURCES THAT WE'RE HAVING TO DEDICATE TO SUPPORT THEIR REQUESTS. 
          ART, I DON'T KNOW IF THIS IS YOU. ON THE ART MAINTENANCE THAT WE HAVE TO DO, THE $500,000. IS THAT YOU OR SOMEBODY ELSE? 
          >> WALSH: IT'S KRYSTAL JONES. >> MAYOR JONES: IT'S OUT 
          OF HER BUDGET? >> WALSH: IT'S OUT OF THE GENERAL FUND BUT SHE'S 
          RESPONSIBLE FOR IT. >> MAYOR JONES: I WOULD LIKE TO SEE IF WE CAN PAY FOR THAT OUT OF THE HOT. THANK YOU. 
          ERIK, ONCE WE ARE -- I KNOW WE'RE STILL IN THE PROCESS OF DOING THE DAMAGE ASSESSMENT ON WHETHER OR NOT WE'LL HIT THE $10 MILLION TO BE ABLE TO GET ASSISTANCE FROM THE STATE RELATED TO THE STORMS OVER THE WEEKEND. IF WE DO QUALIFY FOR THAT, THOUGH, DOES THAT JUST KIND OF REIMBURSE US FOR MONIES SPENT OR DOES THAT ALLOW 
          ANOTHER POT OF MONEY FOR US TO TAP INTO? >> WALSH: MARIA, YOU CAN HELP ME WITH THIS. THAT, IF WE HIT THAT MARK, THEN WE WOULD NOTIFY THE STATE THROUGH A DECLARATION. THE STATE HAS TO SEND THAT TO WASHINGTON, D.C. 
          AND SO WE'RE RELYING UPON THE STAIR-STEP BACK UP TO THE FEDERAL GOVERNMENT. 
          >> MAYOR JONES: IN TERMS OF PROCESS, THOUGH. ONCE YOU HIT THE INITIAL GATE, DOES IT THEN ALLOW ADDITIONAL RESOURCES TO HELP COME ASSESS THE TOTAL DAMAGE? YOU COULD HIT 10 AND STILL NOT BE DONE WITH YOUR ASSESSMENT. SO HOW DOES THAT WORK? I'M TRYING TO UNDERSTAND HOW MUCH WE MIGHT BE ABLE TO BE REIMBURSED FOR. BUT ALSO THE LENGTH OF TIME ASSOCIATED WITH THAT. AND HOW IT AFFECTS ANY OF THESE THINGS. 
          >> VILLAGOMEZ: SURE, MAYOR. THE PROCESS THAT ERIK DESCRIBED. ONCE WE ARE ABLE TO REACH THAT THRESHOLD, THAT IS SENT TO THE STATE AND THE STATE WILL SEND IT TO THE FEDERAL GOVERNMENT. 
          IF THAT IS APPROVED, THEN WE ARE AVAILABLE TO RECEIVE REIMBURSEMENT FROM FEMA. 
          IN THE PAST, THAT TYPICALLY HAS BEEN A 75/25%. MEANING WE'RE ELIGIBLE FOR 75% OF THE EXPENSES. NOW, ONCE THAT DECLARATION HAPPENS -- I DON'T HAVE A TIMELINE TO SHARE WITH YOU TODAY HOW LONG THAT POTENTIALLY COULD TAKE. 
          THERE ARE OTHER PROGRAMS AVAILABLE THROUGH THE FEDERAL GOVERNMENT, THROUGH 
          FEMA TO BE ABLE TO HELP POTENTIALLY OUR RESIDENTS. >> MAYOR JONES: OKAY. 
          >> VILLAGOMEZ: WHAT I CAN DO AS PART OF OUR FOLLOW-UP, I CAN INCORPORATE THAT 
          PROCESS. >> MAYOR JONES: OKAY. PROCESS-WISE, THOUGH, WHATEVER WE SUBMIT TO THE STATE, WE JUST HAVE TO HIT THE THRESHOLD AND THAT ALLOWS THEM TO KNOW, HEY, WE QUALIFY. WE DON'T KNOW HOW MUCH WE'RE GOING TO QUALIFY FOR. IT COULD BE 15, IT COULD BE 30. 
          BUT AT LEAST THEY ARE NOTIFIED THAT WE ARE GOING THROUGH THE PROCESS? 
          >> VILLAGOMEZ: THAT IS CORRECT. AND THERE ARE OTHER STEPS THAT ERIK MENTIONED THAT WE HAVE TO TAKE BEFORE WE SUBMIT THAT TO THE STATE. 
          >> WALSH: AND WE'RE RELYING ON THE STATE MOVING IT UP THE CHAIN TO THE 
          FEDERAL GOVERNMENT. >> MAYOR JONES: GOT IT. THANK YOU. 
          ART, THE $1 MILLION FOR THE SCHOOL PEDESTRIAN SAFETY, HOW DID WE ARRIVE AT THAT 
          NUMBER? >> REINHARDT: MAYOR, THAT PROGRAM'S BEEN AROUND FOR PROBABLY GOING BACK TO 2015 TIME-FRAME. WE CAME UP WITH AN ESTIMATE. 
          IT WAS DERIVED STARTING WITH OUR PAVEMENT MARKINGS SO THIS WAS SET ASIDE MONEY TO MAINTAIN THE PAVEMENT MARKINGS WITHIN THE SCHOOL ZONES, CROSSWALKS, THINGS LIKE THAT. WE'RE ALSO UPGRADING SCHOOL FLASHERS FROM STATIC SIGNS TO FLASHING SIGNS. WE'RE TRYING TO GET THROUGH THOSE AS WELL. 
          JUST MAINTAINING IT. I BELIEVE THE FLASHERS WERE MORE ON A FIVE-YEAR CYCLE. 
          [03:15:02]
THAT'S PART OF THE COST. MARKINGS, FLASHERS, AND SIGNAGE MAINTENANCE TO TRY 
          TO GET TO A FIVE-YEAR CYCLE. >> MAYOR JONES: IT'S MAINTENANCE OF THE CURRENT INFRASTRUCTURE. IS IT NECESSARILY WORKING TOWARD A GOAL AROUND EACH OF 
          THE SCHOOLS? >> REINHARDT: YES. YES. 
          SORRY IF I WASN'T CLEAR. MAINTAINING EXISTING PAVEMENT MARKINGS. 
          TRADITIONALLY, WE WOULD DO STATIC SIGN -- SCHOOL ZONE SIGN, 20 MILES PER HOUR. 
          WE'RE UP GRADING THOSE TO FLASHING AND THEN FOR YOUR OUR WIDER ROADWAYS, THOSE 
          REQUIRE OVERHEAD FLASHERS. >> MAYOR JONES: I GUESS HELP ME UNDERSTAND WHAT IS THE OVERALL PLAN? WE GET TO 12 BUT HOW MANY ARE THERE TO GET TO? 
          IS IT 100? 30? >> REINHARDT: WE HAVE ROUGHLY A THOUSAND SCHOOL ZONES. I WOULD HAVE TO FOLLOW UP ON THE EXACT NUMBERS. WE'RE STILL WORKING TOWARDS GETTING EVERYTHING TO AT LEAST A FLASHING LIGHT AND IT REALLY DEPENDS ON THE ROADWAY IF WE NEED TO GO WITH OVERHEAD FLASHERS OR IF THE ROADSIDE FLASHERS ARE GOOD ENOUGH. 
          >> MAYOR JONES: SIMILARLY TO HOW WE UNDERSTAND THE PROGRESS WE'RE MAKING TOWARDS THE F STREETS, IF WE HAVE A GOAL IN MIND WHEN IT COMES TO PEDESTRIAN SAFETY AROUND SCHOOLS, ONE, WHAT IS THE PLAN? TWO, HOW LONG DOES IT TAKE TO GET THERE -- OR WHAT WOULD IT TAKE TO GET THERE WITHIN A FIVE-YEAR PERIOD? I WOULD WELCOME UNDERSTANDING THE PLAN AND HOW THIS CHIPS AWAY AT THAT. 
          THANK YOU. OKAY. TROY. 
          ON THE BOND. IT'S NOT SO MUCH THE AMOUNT OF THE BOND THAT I'M CONCERNED WITH, IT'S THE POTENTIAL IF WE ARE WRONG IN OUR ASSUMPTIONS. 
          GIVEN HOW SIGNIFICANT OF AN INCREASE THEY ARE OVER OUR CURRENT REALITY. 
          AND THE UNCERTAINTY -- A LOT OF UNCERTAINTY THAT WE'RE DEALING WITH CURRENTLY. 
          I MEAN, WE HAVE A MAJOR ELECTION IN FY28. CERTAINLY THE ONE THIS YEAR AS WELL, WHICH MAY IMPACT EVERYTHING FROM CPS TO OTHER THINGS, WHICH IS WHY AS WE APPROACH THE CONVERSATION FOR SEPTEMBER, I'D LIKE TO UNDERSTAND THE VALUE IN POTENTIALLY A SHORTER BOND. A THREE-YEAR BOND THAT ALLOWS -- HELP US UNDERSTAND WHAT OUR OPTIONS ARE. MY UNDERSTANDING, WHEN I LOOK AT THESE IS YOUR LEVEL OF COMFORT WITH THE RISK IS BASED ON THE RUNWAY AND THE RUNWAY ALLOWS US TO BE MORE OPTIMISTIC. BUT IF YOU HAVE A SHORTER RUNWAY AND IT'S CLEAR, WE HAVE A BETTER IDEA OF WHAT MAY HAPPEN OVER THERE, THE 3.75 AVERAGE OVERTHOSE YEARS SEEMS LESS LIKELY. I WOULD LIKE TO UNDERSTAND WHAT FLEXIBILITY WE CAN HAVE , GIVEN THE GREAT NEED IN THE COMMUNITY BUT ALSO JUST THE ECONOMIC REALITY AND THE 
          UNCERTAINTIES THAT WE'RE DEALING WITH. >> ELLIOTT: WE CAN CERTAINLY GO BACK AND LOOK AT A THREE-YEAR BOND, FOR EXAMPLE. 
          A LOT OF THE CAPACITY INCREASES OVER TIME. IT'S OVER THREE YEARS. 
          IT WILL BE SIGNIFICANTLY LESS. WE CAN PROVIDE YOU WITH KIND 
          OF WHAT THAT LOOKS LIKE. >> MAYOR JONES: GREAT. THANK YOU. 
          I MEAN, TO BELABOR THE POINT HERE. IF THE ASSUMPTION ON THE INCREASE IN TAXABLE VALUE DON'T HOLD, THEN IT'S THE GENERAL FUND THAT WOULD POTENTIALLY HAVE TO COVER DOWN ON THESE THINGS, RIGHT? ABSENT A PROPERTY TAX 
          INCREASE? >> ELLIOTT: FOR THE BOND PROGRAM? 
          >> MAYOR JONES: CORRECT. >> ELLIOTT: I DON'T BELIEVE IT WOULD BE THE GENERAL FUND. IT WOULD BE MORE ON THE DEBT SERVICE SIDE. 
          AS I MENTIONED, SOME OF THE LEVERS THAT WE HAVE, THERE ARE SEVERAL. 
          IF YOU WENT FORWARD WITH THE $450 MILLION BOND PROGRAM, OUR ASSUMPTIONS DON'T HOLD. 
          THE ECONOMY DOESN'T RECOVER AS FAST AS WE THOUGHT AND VALUES DROP. 
          THERE ARE A NUMBER OF THINGS WE CAN DO. WE CAN LOOK AT HOW WE RESTRUCTURE OUR DEBT, IF THERE'S OPPORTUNITIES. IF YOU APPROVE A $450 MILLION BOND PROGRAM, WE ALSO CAN LOOK AT THE BOND PROGRAM ITSELF. 
          THERE MAY BE PROJECTS THAT HAVE NOT BEEN INITIATED YET, EVEN THOUGH WE HAVE A COMMITMENT TO THE VOTERS, WE CAN DEFER THEM. THERE ARE SEVERAL THINGS 
          THAT WE CAN DO. >> MAYOR JONES: >> MAYOR JONES: OKAY. 
          THANK YOU. JUST KIND OF A GENERAL COMMENT HERE, YOU KNOW, THE GOVERNOR'S THREAT TO CPS -- LOOKING AT THIS, BUT, YOU KNOW, THE VALUE -- IF WE MIGHT NOT HAVE CERTAINTY ON WHAT'S HAPPENING WITH CPS BY FEBRUARY WHEN YOU'D HAVE TO CALL A BOND FOR MAY, I WONDER IF THERE'S -- YOU KNOW, WE CAN CROSS THAT BRIDGE WHEN WE GET TO IT, BUT I THINK WHEN WE'RE LOOKING AT THE THREATS TO THE GENERAL FUND, WE WANT TO ABOUT THE TIMING OF THIS BOND IN LIGHT OF WHAT THAT ADDITIONAL TIME ALLOWS US TO BEST UNDERSTAND I.E. 
          [03:20:01]
POTENTIALLY A NOVEMBER BOND, BECAUSE THEN WE'D HAVE CLARITY -- WELL, WHO KNOWS WHAT THE ELECTION RESULT WOULD BE IN THE GOVERNOR'S RACE, BUT IF THERE WAS STILL KIND OF -- I'LL JUST CALL IT CLEAR AND PRESENT DANGER TO CPS, THEN WE WANT TO AFFORD OURSELVES AS MUCH CERTAINTY AS POSSIBLE. 
          OKAY. ERIK, HEARD YOU LOUD AND CLEAR ON THE NEED FOR DIRECTION ON THE AMENDMENTS, SO MY COLLEAGUES PLEASE GET THOSE TO ERIK AS SOON AS POSSIBLE, AND IDEALLY THIS FRIDAY SO WE HAVE A GOOD UNDERSTANDING OF WHAT FOLKS ARE LOOKING AT AS PART OF THAT. 
          ERIK, DO YOU HAVE WHAT YOU NEED? >> WALSH: YES, MA'AM. 
          WE'LL DO THE NUMBER OF FOLLOW-UPS, WE'LL START PACKAGING UP FROM THIS MEETING AND THEN WE WILL -- I'LL CIRCLE BACK WITH THE COUNCILMEMBERS ALSO AND YOU, MAYOR, ON POTENTIAL AMENDMENT PATHS. 
          THIRD, JUST A REMINDER SH WE'LL HAVE SOMETHING TO YOU BY THE END OF THE WEEK ON EMERGENCY HOUSING, MINOR/MAJOR REHAB, AND THEN FOURTH, ON FRIDAY, YOU'LL HAVE AN UPDATED AMENDMENT LIST THAT WE HAVE TO DATE. 
          >> MAYOR JONES: OKAY. THANK YOU. I WILL -- AUDIO] -- JUST KIND OF FOOT STOMP TO THE EXTENT IT HELPS ANY OF MY COLLEAGUES AGAIN AS WE'RE TAKING THAT ACTION ON THE TENTH REGARDING THE TIRZ ACTIONS, UNDERSTANDING WHAT THOSE ACTIONS WOULD MEAN FOR OUR DEBT MANAGEMENT PLAN AS WE UNDERSTAND IT, SO I APPRECIATE THE URGENCY WITH GETTING THOSE ANSWERS TO US. OKAY. 
          THE TIME IS NOW 4:26 AND THE MEETING IS ADJOURNED. 
          THANK YOU.
* This transcript was compiled from uncorrected Closed Captioning.