AGENDA
CITY OF RANCHO PALOS VERDES
NOTICE OF MEETING OF THE FINANCE ADVISORY COMMITTEE

MARCH 7, 2007

CITY HALL COMMUNITY ROOM
30940 HAWTHORNE BOULEVARD
RANCHO PALOS VERDES

7:00 PM CALL TO ORDER

1. Flag Salute.

2. Roll Call.

3. Approval of Agenda.

4. Approval of Draft Minutes for the meeting conducted February 15, 2007. (Gyves)

5. Introduction of Chair. (McLean)

6. Appointment of Vice-Chair. (Chair)

7. FAC Assignment – Draft Report to City Council - Analysis of Employee Retirement Benefits and the City’s Pension Side Fund Liability. (McLean/Downs/Gyves)

Attachments:

A – Pension Assignment Summary (decision matrix)-PDF
B – Analysis of Survey Responses for the 2006 Survey of Benefits and Compensation for Miscellaneous Employees (Tierra West)-PDF
C – Benefit Study outline (Bartel Associates)-PDF
D – Pension Funding and Financing Analysis and Recommendations Memorandum (Fieldman, Rolapp & Associates)-PDF

 

8. FAC Assignment – Draft Report to City Council – Alternative Sources of Revenue and Funding – (McLean/Downs/Gyves)

Attachment: Exhibit A – Matrix of Revenue Enhancement Options.

9. Director/Member Reports. (Chair/McLean)

10. Public Comments.

11. Adjournment.