Meetings Tagged "Unfunded liabilities"

May 29, 2012 – Council Meeting

 May 29, 2012 – Council Meeting  SUMMARY FROM THE GALLERY  City Manager appointment approved. Charter Amendment Ballot Language approved – will allow district line to deviate from previous border restrictions and councilmembers could be drawn out of their district but allowed to serve out their term. $30M Bond Measure for Streets and Storm Drains and $20M Bond Measure for new warm...

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February 28, 2012 – City Council Meeting

February 28, 2012 - Berkeley City Council Meeting SUMMARY FROM THE GALLERY  PLASTIC RECYCLING:  City staff was directed to research the possibility of expanding recycling to include plastics.  This would not affect the work around the ban on plastic bags and would include a public education component BOND MEASURE:  Approval was granted to conduct a survey for a $100Million infrastructure...

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December 6, 2011 – Special Meeting, Unfunded Pension Liabilities

SUMMARY FROM THE GALLERY Unfunded liabilities to CALPERs for employee pensions total $429,800,000 market value.  This does not include the contribution made by the city on behalf of the employees.  Actuary recommends a plan to get to 100% funded. Meeting Notes ACTUARY...

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May 3, 2011 – Regular Meeting

SUMMARY FROM THE GALLERY HOUSING AND CHILD CARE MITIGATION FEES:  There has not been an updated report since 1993 and pursuant to California government code requirements this needs to be done every 5 years.  These fees are one-time events that are a component of new development fees and there are unexpended fees currently held in suspense.  Council was split on the benefit of these fees vs....

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