[00:00:04]
[1. Call to Order.]
LIKE TO CALL THIS FIFTH FY 24 CAPITAL PROJECTS BUDGET, UH, WORKSHOP TO ORDER, TURN IT OVER TO OUR HONORABLE CITY MANAGER TO LEAD US OFF.I DUNNO ABOUT HONORABLE, BUT CITY MANAGER.
COUNCIL MEMBERS, UH, THIS IS KIND OF THE START.
THIS IS THE START OF OUR BUDGET SEASON.
UH, WE'VE MOVED IT UP A LITTLE BIT, UH, TO PROVIDE A BETTER OPPORTUNITY TO HAVE GREATER LEVEL OF DISCUSSION AMONGST COUNCIL MEMBERS ABOUT OVERALL ISSUES, UH, THAT THE CITY'S ADDRESSING THIS UPCOMING BUDGET, AS WELL AS IN THE PROCEEDING WORKSHOPS WE'LL HAVE THROUGHOUT THE, THE SPRING AS WE'LL, HAVE DIFFERENT DEPARTMENTS COME THROUGH AND HAVE AN OPPORTUNITY TO HAVE A DISCUSSION ABOUT WHAT SOME OF THEIR GOALS AND OBJECTIVES, SOME OF THEIR FIVE YEAR PLANS, FOR EXAMPLE, FOR POLICE AND FIRE UTILITIES OR PARKS AND RECS.
AND DURING THOSE TIMES, THERE'S AN OPPORTUNITY FOR COUNCIL MEMBERS ASK THEM QUESTIONS ABOUT, WHAT ABOUT THIS, WHAT ABOUT THAT? GIVE INPUT ABOUT, YOU KNOW, SOME OF THEIR PROPOSALS.
WE'LL TAKE THOSE, UH, UH, INSTRUCTIONS AND FEEDBACK FROM COUNCIL MEMBERS AND THE COUNCIL, UH, AND THOSE VARIOUS DEPARTMENTS IN THE CITY OVERALL WILL WORK TO, UM, RESPOND AND CREATE A BUDGET THAT FITS THE FEEDBACK THAT RECEIVES.
SO TODAY'S THE FIRST, UH, WORKSHOP.
IT'S AN, OUR ATTEMPT TO PROVIDE A, AT THIS ONE IS A HIGH LEVEL OVERVIEW OF WHERE WE SEE THE CITY TODAY, UM, FINANCIALLY AND WHERE WE'RE PROJECTING BASED ON, I'LL CALL IT THE, THE WINS THAT ARE OUT THERE AND, UM, AND HOW WE CAN LEARN FROM THAT.
AND, AND THEN JANE'S GONNA WALK THROUGH US HERE JUST IN A MINUTE, AND KIND OF THE BUDGET SEASON AND WHAT TO EXPECT AND WORKSHOPS.
AND THEN I THINK KATHY IS GOING TO GIVE US A HIGH LOW OVERVIEW ABOUT CAROL, ABOUT THE STATE OF AFFAIRS FOR FINANCIAL FOR THE CITY.
AND ANDY, WE'LL FINISH UP WITH A CAPITAL REVIEW OF WHERE WE STAND ON SOME OF OUR LARGE CAPITAL PROJECT, ROAD, STREETS, PARKS, TRAILS, ALL THE ABOVE.
SO, AGAIN, MAYOR, THIS IS AN ATTEMPT TO, TO PROVIDE GREATER TRANSPARENCY TO YOU AS WE DEVELOP THIS.
SO FEEL FREE, THIS IS AN OPPORTUNITY FOR YOU TO STOP AND ASK THEM QUESTIONS, UH, PROVIDE FEEDBACK AND INSTRUCTIONS THROUGHOUT THIS WHOLE PROCESS.
WE MAY COME TO YOU AND SAY, WE'RE THINKING OF OPTIONS, A, B, AND C.
SO WITH THAT, AND I THINK AT THE END, MAYOR, WE HAD A DISCUSSION MAYBE AT THE END, YOU KNOW, FROM THREE 30 TO MAYBE 4 45 AND MAYBE PROVIDE THE LAST 10, 15 MINUTES FOR AN OPPORTUNITY FOR CITIZENS WHO ATTEND.
IT'S NOT A PUBLIC HEARING, BUT ALLOW THEM AN OPPORTUNITY TO PROVIDE SOME OF THEIR INPUT OR, OR A FEELINGS ABOUT CERTAIN THINGS.
[2. Welcome and update from city staff on FY24 budget process. ]
GONNA TURN IT OVER TO JANE.ALL RIGHT, MAYOR COUNSEL JANE ROBERTSON, MANAGEMENT SERVICES MANAGER.
UM, I'M JUST GONNA TALK ABOUT OUR UPCOMING SCHEDULE FOR WORKSHOPS.
WE WERE HAVING CLICKER ISSUES EARLIER.
LET'S SEE IF, HEY, JANE, IT IS ON.
UM, SO LIKE SCOTT MENTIONED, WE'RE GONNA TALK ABOUT, UM, OUR CALENDAR FOR THE REST OF THE WORK TOP SEASON.
WE'LL LOOK AT, UH, GENERAL ECONOMIC OUTLOOK, UM, WHICH KATHY WILL PROVIDE, AND THEN WE'LL TALK ABOUT CAPITAL IMPROVEMENT PROJECT BUDGETS AND THE PARK TAX FUND BUDGET.
UH, SO UPCOMING WORKSHOPS, WE ARE IN THE CAPITAL PROJECTS WORKSHOP.
WE'LL HAVE, UM, ON FEBRUARY 27TH, THE PUBLIC SAFETY BUDGET WORKSHOP ON MARCH 27TH, WE'LL HAVE THE GENERAL FUND BUDGET WORKSHOP.
APRIL 10TH IS THE UTILITY BUDGET WORKSHOP, AND THEN YOU'LL HAVE YOUR FINAL BUDGET HEARING ON MAY 15TH.
UM, THERE ARE A FEW THAT WE ARE LOOKING TO ADD.
WE'RE STILL COORDINATING WITH STAFF TO SECURE THOSE DATES TO MAKE SURE EVERYBODY'S AVAILABLE FOR THOSE.
UM, BUT WE'LL ADD ONE FOR RTA AND THEN THE COMMUNITY AGENCY REVIEW BUDGETS.
SO, UM, I BELIEVE KATHY IS GONNA TALK ABOUT THE CHANGES TO OUR BUDGET PROCESS, SO I WON'T STEAL HER THUNDER, AND I WILL PASS IT OFF TO HER.
KATHY PANIS, FINANCE DIRECTOR.
UM, WHAT I'M GONNA DO TODAY IS JUST A REALLY A BROAD OVERVIEW.
RIGHT NOW, WE'VE ACTUALLY JUST STARTED OUR BUDGET PROCESS.
SO WE DON'T HAVE SPECIFICS REALLY FOR EDMUND YET, BUT, UM, WE'RE KIND OF TRYING TO FIGURE IT OUT, UM, WHERE WE'RE GONNA GO THIS YEAR AND HOW WE'RE GONNA PLAN.
SO, UM, OUR BUDGET SEASON ACTUALLY STARTS IN JANUARY.
THAT'S LITERALLY HALFWAY THROUGH, THOUGH OUR FISCAL YEAR.
UM, IF YOU THINK ABOUT IT, IF YOU'RE TRYING TO LOOK AT YOUR FULL YEAR AND YOU ONLY HAVE SIX MONTHS INTO IT, A LOT CAN CHANGE IN THE LAST SIX MONTHS.
SO, UM, IT GOES ALL THE WAY THROUGH JUNE 30TH, AND THEN WE IMPLEMENT OUR NEW BUDGET ON JULY 1ST.
UM, WHAT WE'RE REALLY DOING THIS YEAR IS I HAVE TALKED TO SOME OTHER CITIES.
[00:05:01]
ABOUT HALF OF OUR DEPARTMENTS SO FAR.WE HAVE ANOTHER WEEK TO GO TO TALK TO ALL OF THE REST OF OUR DEPARTMENTS, BUT IT REALLY DOES APPEAR WE SHOULD BE PRETTY CAUTIOUS THIS YEAR WITH, UH, SEVERAL OF THE THINGS THAT ARE GOING ON IN OUR ECONOMY.
SO WHAT WE'RE DOING RIGHT NOW, WE ARE MEETING, UH, JANE ROBERTSON, LISA, GOOD PASTURE, OUR HR DIRECTOR, AND SHEILA B OUR CONTROLLER.
THE FOUR OF US ARE MEETING WITH EVERY DEPARTMENT ACROSS THE CITY AND GOING OVER EVERY FUND.
AND IT'S BEEN A VERY GOOD EXERCISE SO FAR.
UM, WE'VE TALKED A LOT ABOUT, UM, JUST PAST HISTORY AND WHAT WE'RE SEEING, AND IF THEY'RE CONSISTENTLY OVER BUDGET, MAYBE ASKING THEM TO COME DOWN A LITTLE BIT.
BUT THERE'S BEEN A LOT OF TALK ABOUT, A LOT OF, PRETTY MUCH ALL OF THE DEPARTMENTS ARE PLANNING TO PAY, SPEND A LITTLE BIT MORE NEXT YEAR.
AND IT'S JUST BASED ON THE THINGS THAT I'LL TALK ABOUT IN A LITTLE BIT, BUT THE UNCERTAINTY OF WHAT'S COMING UP.
SO WE'RE DOING THAT RIGHT NOW.
UM, AND THEN WE'RE GONNA HAVE THE WORKSHOP SERIES.
WE STARTED OUR BUDGET PROCESS A LOT SOONER THAN USUAL AS WELL.
AND THEN WE'RE HAVING THE WORKSHOP SERIES.
UM, SCOTT HAD SUGGESTED THAT MAYBE WE TRY THAT THIS YEAR.
SO, UM, HOPEFULLY YOU WILL LIKE THAT AND GIVE US YOUR FEEDBACK.
IF, IF YOU WANT MORE OR LESS OF THAT.
UM, AFTER IT GOES THROUGH OUR INITIAL DEPARTMENTAL REVIEWS NOW, WHICH IS OUR PRELIMINARY REVIEW COMMITTEE, THEN THAT WAS GONNA BE THROUGH THE MONTH OF FEBRUARY.
AND THEN IN MARCH, ALL OF THOSE SAME DEPARTMENTS WILL GO BACK TO THE CITY MANAGER'S OFFICE, AND THAT WILL BE THE CITY MANAGER, SCOTT RIGBY, ANDY CONYERS, JIM SMITH, AND THEN JANE AND I WILL ATTEND THOSE AS WELL.
BUT, UM, ALL OF THE BUDGETS ARE GONNA HAVE BEEN REVIEWED TWICE THIS YEAR.
SO THAT'S DEFINITELY A DIFFERENT APPROACH AFTER ALL OF THAT HAPPENS.
SO THE END OF MARCH, I ACTUALLY WILL COMPILE THE BUDGET BOOK BECAUSE I'LL HAVE FINAL BUDGETS AND THAT PUTS IT ALL TOGETHER.
AND THEN THERE ARE A LOT OF THINGS THAT NEED TO BE DONE AT THAT POINT, JUST LIKE ALL OF THE INTERCOMPANY OR INTER INTERDEPARTMENTAL, UM, OVERHEAD ALLOCATIONS, THAT KIND OF THING.
BUT BY THE END OF, OR APRIL, MIDDLE OF APRIL, I SHOULD HAVE A REALLY PRETTY SOLID BUDGET BOOK.
AND THEN WE'LL BE, BE, UH, READY TO GIVE THAT TO YOU GUYS SO WE CAN TALK ABOUT IT IN MAY.
AND THEN IN JUNE IS WHEN OUR ADOPTION IS.
SO JUST TO KIND OF GO OVER WHERE WE ARE EXACTLY RIGHT NOW.
WE GOT OUR FEBRUARY, LET'S SEE, WHAT IS THIS? FEBRUARY, WE GOT THE FEBRUARY CHECK, WHICH WAS ACTUALLY FOR DECEMBER SALES, BECAUSE EVERYONE FILES THEIR TAX RETURNS IN JANUARY.
SO THIS IS TRULY BASED ON DECEMBER SALES, BUT IT'S THE CHECK THAT WE RECEIVE IN FEBRUARY.
THIS IS ACTUALLY OUR LAST CHECK OF THE ADDITIONAL 0.25% SALES TAX THAT WE HAD FOR THE ACREAGE NEXT TO HAYFORD PARK.
UM, SO, AND THAT, THAT'S ACTUALLY ALWAYS BEEN EXCLUDED IN THESE, THESE NUMBERS SO THAT WE CAN BE COMPARABLE YEAR TO YEAR.
BUT YEAR TO DATE, RIGHT NOW FOR SALES TAX, WE'RE AT 7.39% USE TAX, 20.36%, AND THIS IS OVER LAST YEAR.
SO OVERALL, WE'RE ABOUT 10% AHEAD, AND THAT'S BEEN PRETTY CONSISTENT YEAR TO YEAR.
UM, LODGING TAX, WE JUST STARTED MEASURING THAT, UM, ABOUT, I GUESS A YEAR AND A HALF AGO WE SWITCHED TO WHERE THE OKLAHOMA TAX COMMISSION COLLECTS THAT FOR US.
NOW, WE USED TO DO IT LOCALLY, AND SO WE REALLY ONLY HAVE THE, UH, THE DATA FROM WHEN THE OKLAHOMA TAX COMMISSION STARTED.
SO RIGHT NOW WE'RE ABOUT FIVE TWO PER 5.2% AHEAD OF LAST YEAR AT THIS TIME.
UM, UTILITIES AND FACILITY AND FACILITIES, THEY'RE VERY GOOD ABOUT DOING THE RATE STUDIES.
SO YOUR, OUR WATER, OUR ELECTRIC, THEY DO A VERY GOOD JOB OF KEEPING UP WITH WHAT'S GOING ON EVERY MONTH.
AND THEY DO THEIR OWN, UH, ESTIMATES OF THEIR RATES AND WHAT THEY NEED TO BE DOING.
THERE'S, WE HAVE THE WILL DAN GROUP KIND OF INVOLVED.
RIGHT NOW, SEVERAL GROUPS ARE LOOKING AT ACTUALLY DOING A TRUE RATE STUDY, AND, UM, THEY DO THAT CONSISTENTLY.
UM, ONE THING WE HAVE SEEN SO FAR, EVEN IN 2022, IS THERE ARE SUBSTANTIAL INCREASES IN THE COST OF VEHICLES LIKE BUCKET TRUCKS, FIRE TRUCKS, THEY'RE HARD TO GET.
UM, SOME ESTIMATES HAVE BEEN, SOME OF THESE THINGS ARE GONNA TAKE FIVE YEARS TO GET IT, LIKE WE PUT OUR ORDER IN AND IT'S FIVE YEARS AWAY BEFORE WE CAN GET IT.
SO, I KNOW I'VE TALKED TO GLENN AND HE SAID THERE ARE, AND I'M, I THINK IT'S HAPPENING EVERYWHERE, BUT A LOT OF THESE VENDORS TOO, WHEN WE BUDGET FOR IT IN A CERTAIN YEAR AND WE CAN'T GET IT FOR TWO YEARS LATER, WE DON'T PAY THE PRI PRICE THAT THEY QUOTE US OFTEN.
WE'RE GONNA HAVE TO PAY THE PRICE, WHATEVER IT IS WHEN IT COMES IN.
SO THAT'S JUST ANOTHER LITTLE THING IN BUDGETING.
UH, FEE-BASED REVENUE, SO LIKE OUR PERMITTING, UM, SO BUILDINGS AND PLANNING ARE THE, ARE THE MAIN ONES.
WE ARE LOOKING, WE'VE DISCUSSED THAT IN OUR BUDGET MEETING SO FAR, AND, UM, ARE LOOKING TO BASICALLY SEE WHAT THE PEER GROUPS ARE CHARGING.
THEY'RE, WE'VE BEEN, IT'S BEEN QUITE A WHILE SINCE WE'VE RAISED ANY OF THOSE FEES.
SO THEY'RE, WE'RE REALLY STARTING TO LOOK AT THAT.
[00:10:01]
WE'LL BUDGET FOR THAT THIS YEAR, BUT BY NEXT YEAR THIS TIME WE SHOULD HAVE SOME STUDIES DONE.AND THEN OF COURSE, WE'RE SEEING INCREASED COSTS EVERYWHERE.
SO THIS IS JUST KIND OF A HISTORY, A LITTLE BIT OF OUR SALES TAX.
YOU CAN SEE IT CONTINUES TO GO UP.
SO EVEN NOW IT LOOKS LIKE WE'RE GONNA FINISH PRETTY STRONG THIS YEAR.
UM, I HAVE ACTUALLY ESTIMATED ABOUT THE LAST SIX MONTHS THERE FOR, UM, WHERE IS IT FOR 23? THAT'S ACTUALLY AN ESTIMATE, BUT IT'S JUST BASED ON WHAT WE'VE DONE.
EVERY YEAR I DO A FORMULA THAT LOOKS BACK TO THE PRIOR YEAR, UH, ON GROWTH SALES, AND THAT'S HOW I'M GETTING IT.
SO I'M THINKING, YOU KNOW, CLOSE TO NINE, 9.7%, HOPEFULLY IN SALES TAX.
THIS IS JUST ANOTHER GRAPHIC OF, UH, IF WE, IF WE, YOU KNOW, CONTINUE ON.
I THINK THAT SLIDE MIGHT HAVE BEEN A DIFFERENT ONE I NEEDED ANYWAY.
DON'T, SO IGNORE THAT BOTTOM NUMBER.
BUT ANYWAY, IF WE WE'RE LOOKING AT ACTUALLY BUDGING 2% NEXT YEAR, NOT FIVE.
SO, BUT ANYWAY, THIS IS, THIS IS WHERE WE ARE RIGHT NOW.
IT STEADILY INCREASED, UM, WHEN WE STARTED, THE WAYFAIR CASE CAME OUT AND ALL ONLINE SALES HAD TO BE TAXED.
WE KIND OF SEE A WHOOP LITTLE BIT OF A INCREASE THERE.
SO THAT'S KIND OF ABOUT RIGHT HERE.
IT WAS IN 18, AND SO YOU CAN SEE THAT IT'S GONE UP STEADILY.
AND WE ARE, UM, PLANNING TO ESTIMATE 5% NEXT YEAR.
I'LL GET INTO THAT A LITTLE BIT LATER TOO, BUT THAT'S KIND OF JUST BASED ON WHAT WE'RE SEEING.
AND YOU CAN SEE, I MEAN, WE'VE FINISHED STRONG SEVERAL YEARS IN A ROW, SO CHANCES ARE WE WILL FINISH HIGHER THAN 5% NEXT YEAR.
BUT, UM, BASED ON WHAT WE'RE SEEING IN THE ECONOMY RIGHT NOW, WE'RE NOT, I I DON'T INTEND TO BUDGET THAT HIGH.
SO RIGHT NOW, JUST QUICKLY, THE NATIONAL INDICATORS THAT WE'RE SEEING IS OUR, THE AVERAGE RATE FOR 19, FOR, EXCUSE ME, 2022 WAS 8% INFLATION.
SO IT CAME DOWN A LITTLE BIT, BUT I BELIEVE IT WAS AROUND JUNE.
WE WERE AT TEN NINE POINT ONE.
THE HIGHEST EVER IN HISTORY WAS 29% AFTER WORLD WAR OR AROUND WORLD WAR I, THE LOWEST IN HISTORY WAS 2.5%, WHICH WAS RIGHT AFTER WORLD WAR II.
SO, UM, 8%, 9% IS ALMOST HALF OF THE HIGHEST IT'S EVER BEEN.
UH, FEDERAL RESERVE TARGET RATE FOR INFLATION IS 2%.
SO THAT DRIVES A LOT OF THE DECISIONS ON WHEN INTEREST RATES ARE CONTINUE TO BE, UH, INCREASED BY THE FEDERAL RESERVE.
UH, RIGHT NOW THE FEDERAL RESERVE IS TARGETING 4.5 TO FIVE, UH, 4.75%.
AND THAT'S ACTUALLY WHAT WE'VE SEEN TOO, WHEN WE'VE TALKED TO OUR INVESTMENT COUNSELORS AND, UH, WHEN THEY'RE GIVING US SOME ESTIMATES ON WHAT WE CAN EXPECT FINANCING TO COST, IT'S BEEN LIKE 4.5% IS KINDA WHAT THEY'RE TELLING US RIGHT NOW.
UH, SO OUR UNEMPLOYMENT LA RATE IS VERY LOW.
AND, UM, THE, THE LOWEST IT, I MAY HAVE GOTTEN CONFUSED, THE LOWEST IT'S EVER BEEN WAS 2.5%.
AND, UH, WE HIT 3.5% RIGHT BEFORE COVID.
SO YOU CAN SEE WE'RE JUST LIKE, WHOOP, WE'RE REALLY LOW.
AND WHENEVER YOU HAVE LOW EMPLOYMENT, GENERALLY YOU DON'T SEE INFLATION.
BUT ECONOMISTS DO SAY THAT EVERY HALF POINT RISE IN THE UNEMPLOYMENT RATE WHEN IT'S OVER SEVERAL MONTHS IS A GOOD INDICATOR OF A, A DOWNTURN IN THE ECONOMY.
BUT WHEN YOU HAVE ROBUST HIRING, WHICH IS WHAT WE HAVE RIGHT NOW, AND LOW UNEMPLOYMENT, THAT DOES NOT EQUATE TO A RECESSION.
SO WE'VE KIND OF GOT TWO DIFFERENT THINGS GOING ON RIGHT NOW.
INTEREST RATES ARE RISING, WHICH TENDS TO DRIVE PRICES UP, SPENDING DOWN, BUT WE HAVE, UH, HIRING AND LOW UNEMPLOYMENT, WHICH MEANS MORE PEOPLE ARE MAKING MORE MONEY AND THEY'RE SPENDING MORE MONEY.
SO IT IS JUST REALLY NEVER BEEN SEEN LIKE THIS BEFORE.
BUT BASICALLY, UM, THE FEDERAL RESERVE IS SAYING THAT THEY EXPECT TO HAVE AT LEAST TWO MORE INTEREST RATE HIKES IN 2023.
AND THEY DO THIS WHEN THEY DO THIS.
IT CAN CAUSE RECESSION AND HIGH UNEMPLOYMENT TOGETHER, BUT WE STILL ARE HAVING THE OPPOSITE EFFECT OF THAT.
THIS IS THE CONS, CONGRESSIONAL BUDGET OFFICE.
BASICALLY WHAT THIS IS SAYING TO ME IS THEY CONSIDER THE UNEMPLOYMENT RATE HONESTLY IS GONNA STAY RELATIVELY LOW FOR THE NEXT TWO YEARS.
THEY ALSO THINK, WELL, I MEAN THIS IS KIND OF, THAT'S A LITTLE HIGH, THAT'S A LITTLE LOW.
SO THAT'S NOT REALLY SAYING MUCH TO US AT ALL.
BUT ONE THING I DID NOTICE IS THAT INTEREST RATES, BECAUSE WE ARE LOOKING AT SOME FUNDING FUNDING AND SOME DIFFERENT FINANCING, THEY REALLY EXPECT INTEREST RATES TO GO DOWN IN 2024.
SO IT MIGHT BE SOMETHING WE MIGHT WANNA CONSIDER AS WE'RE, UH, LOOKING FOR FUNDING AND DOING THE PROJECTS THAT WE'RE DOING.
SO FOR BUDGET, WE'RE JUST REALLY GONNA TRY AND WATCH INTEREST RATE HIKES.
[00:15:01]
THE FEDERAL RESERVE HAS SAID THEY'RE GOING TO CONTINUE TO INCREASE INTEREST RATES UNTIL THEY REACH THEIR, THEIR TARGET RATE INFLATION RATE OF 2%.AND SINCE WE'RE AT SIX TO SEVEN RIGHT NOW, THAT COULD BE A LITTLE WHILE IF WE SEE INCREASED UNEMPLOYMENT.
AND THEN WITH THAT, IF WE DO SEE OUR TAX COLLECTIONS STARTING TO FALL, THAT WOULD BE AN INDICATION, PRETTY GOOD INDICATION WE ARE HITTING A RECESSION.
UM, BUT THAT'S JUST SOMETHING AS WE GO INTO THIS THAT WE'RE GONNA BE WATCHING.
UM, SOME THINGS TO CONSIDER AS WE ARE BUDGETING THIS YEAR THEN IS TO REALLY TRY TO THINK ABOUT PRIORITIZING AND HAVING A PLAN IN PLACE THAT IF, IF RECESSION REALLY DOES HIT AND IT STARTS TO COME IN, WE HAVE SOME OPTIONS OF THINGS MAYBE THAT WE CAN POSTPONE OR, UM, YOU KNOW, JUST HAVE A PLAN SO THAT WE DON'T END UP JUST HAVING LAYOFFS OR SOMETHING LIKE THAT.
SO, UM, I MEAN, I REALLY DON'T EXPECT THAT TO HAPPEN NEXT YEAR, BUT IF, IF WE'RE, IF WE'RE GOOD ABOUT PLANNING AND WATCHING THESE RATES, WE SHOULD, WE SHOULD BE ABLE TO AVOID ANYTHING THAT'S MAJOR.
UM, WE ARE GOING TO FORECAST THIS YEAR PRETTY CONSERVATIVE.
UM, AND THAT MEANS LOWER REVENUE IN INCREASED COSTS.
UM, SUPPLY CHAIN ISSUES ARE AFFECTING ALL OF OUR EQUIPMENT AND THAT'S WHAT'S CAUSING THE PRICE OF THOSE TO GO ON.
THEY CAN'T FIND, UM, WORKERS IN WHICH IS WHAT'S CAUSING THE SHORTAGES IN EQUIPMENT AND, UM, PARTS AND THAT TYPES OF THING.
OBVIOUSLY, RISING FUEL COSTS INCREASE THE COST FOR EVERYBODY.
LABOR SHORTAGES AFFECT BOTH INTERNALLY AND EXTERNALLY.
EXTERNALLY, IT IS ON THE PARTS AND THE SUPPLY CHAIN ISSUE, BUT INTERNALLY IT'S JUST WE CAN'T HIRE PEOPLE.
WE, WE NEED TO REALLY INCREASE WAGES TO BE ABLE TO COMPETE WITH OTHER CITIES, NOT TO MENTION THE PRIVATE SECTOR.
SO, UM, SO FAR I HAVE SEEN, LIKE, I THINK I MENTIONED ALREADY, THE, THE DEPARTMENTS WE'VE TALKED TO SO FAR HAVE REALLY THOUGHT ABOUT THIS AND HAVE INCREASED THEIR COSTS, WHICH IS A GOOD IDEA.
AND I'M, I MEAN, WHEN THEY INCREASE THEIR COSTS, THEY'RE ALL OVER THERE.
THERE ARE DIFFERENT REASONS THAT YOU WOULD, SO FOR INSTANCE, WATER AND UTILITIES ARE LOOKING AT THEIR EQUIPMENT AND THEIR REPLACEMENTS, THAT KIND OF THING, VEHICLE MAINTENANCE, WHEREAS A GENERAL FUND WOULD JUST BE MORE OF A GENERAL, PROBABLY AROUND 6%, UH, JUST DUE TO THE INFLATION AND EVERYTHING THAT'S GOING ON.
UM, RIGHT NOW, I DID TALK TO A COUPLE OTHER CITIES, I GOT AHOLD OF THEM.
MOST CITIES THAT I TALKED TO THOUGH I DID TALK TO A FEW OTHERS, BUT THEY REALLY HAVEN'T GOTTEN INTO THEIR PLANNING, UH, PORTION YET OF THE BUDGET.
BUT OKLAHOMA CITY DID DO THEIR ACTUAL BUDGET, FIRST BUDGET PRESENTATION, AND THESE, SO THESE REALLY ARE ACTUAL THINGS THAT THEY HAVE PUBLISHED.
THEY'RE GONNA PLAN 1% FOR SALES, TAX REVENUE, 5% US, UH, USE, USE TAX REVENUE GENERAL COST 5.3%.
AND COST OF CHEMICALS, WHICH IS FOR WATER TREATMENT, 300%.
UM, I, WE HAVE TALKED TO CHRIS KNIFING, OUR WATER DIRECTOR, AND HE, HE ACTUALLY INCREASED HIS COST ESTIMATES THIS YEAR.
SO OURS WON'T BE THAT HIGH CUZ HE HAD ALREADY TAKEN SOME OF IT INTO CONSIDERATION.
BROKEN ARROW WASN'T VERY FAR ALONG AT ALL.
UM, HE, HE ACTUALLY SAID ONE AND A HALF TO 2% REVENUE IS WHAT THEY'RE GOING TO, UH, ESTIMATE.
HE EXPECTED HIS COSTS GENERALLY TO DEPARTMENT THAT IT WOULD VARY BY DEPARTMENT, KIND OF THE SAME THING.
IF THEY HAD EQUIPMENT, THAT KIND OF THING, IT'S GONNA BE HIGHER, BUT GENERALLY SPEAKING, HE THOUGHT IT WOULD BE PRETTY FLAT SO THAT I GUESS THEY WOULD, UM, ESTIMATE APPROXIMATELY WHAT THEY DID LAST YEAR.
AND THEN, SO WE'RE STILL IN THE WORKS HERE IN EDMOND, BUT MY THOUGHT IS WE'LL PROBABLY SHOOT FOR 2% FOR SALES TAX, 5% FOR USE TAX GENERAL COSTS ABOUT 6%.
UM, WE HAVEN'T DETERMINED, WE, WE HAVE A STUDY OUT STILL ON OUR, UH, PERSONNEL THAT WE DO THAT BENCHMARKING, I DON'T THINK WE HAVE THAT BACK YET.
UM, BUT COST FOR SERVICES 13% AND CHEMICALS, CHRIS KNIFE'S ON TOP OF THAT.
SO I'M GONNA TRUST HIM THAT HE KNOWS WHAT HE'S DOING, HE DOES KNOW WHAT HE'S DOING.
UM, SO ANYWAY, THE, THE NEXT STEPS ARE WE'LL GET THROUGH OUR BUDGET CITY MANAGER'S OFFICE IS GONNA, UM, REVIEW ALL OF THE BUDGETS WE'RE GOING TO BUDGET CONSERVATIVELY.
AND THEN AS WE'RE GOING THROUGH THIS, I DON'T KNOW THAT WE'VE REALLY DONE THIS BEFORE, BUT I AM GONNA TRY AND THINK ABOUT WAYS TO PRIORITIZE LIKE NECESSARY AND DISCRETIONARY EXPENSES JUST AT LEAST.
SO WE KIND OF HAVE A PLAN, UH, IF WE NEEDED TO CUT BY 10% OR SOMETHING, WHAT WE COULD DO.
AND THEN WE'RE JUST GONNA HAVE TO BE FLEXIBLE ALL YEAR.
SO, UM, WE'RE REALLY TRYING TO GET AWAY FROM A LOT OF BUDGET AMENDMENTS ALL THROUGH THE YEAR.
SO WE'RE TRYING TO DO A LITTLE BIT BETTER UPFRONT, BUT KNOWING IT'S SO UNCERTAIN RIGHT NOW, UM, WE'RE GONNA BE CONSERVATIVE.
SO ARE DO YOU HAVE ANY QUESTIONS? DID I, WHO, HOW MANY DID I PUT TO SLEEP? A COUPLE
[00:20:01]
HAVEN'T WE BEEN FLEXIBLE ALL EVERY YEAR? YES.
SO IS THERE SOMETHING DIFFERENT WHEN YOU SAY THAT TERMINOLOGY NOW THAT I'M THINKING ACTUALLY IN TERMS OF REDUCING OUR BUDGET? SO GENERALLY SPEAKING, YES, YOU KNOW, WE'LL SET OUR BUDGET, BUT WE HAVE BUDGET AMENDMENTS ALL THROUGH THE YEAR.
OF COURSE WE HAVE A LOT OF C I P PROJECTS TOO.
SO A LOT OF OUR BUDGET AMENDMENTS ARE BECAUSE WE HAVE LOAN PROCEEDS THAT COME IN OR SOMETHING LIKE THAT.
I'M THINKING MORE IN TERMS OF IF WE REALLY SEE A RECESSION COMING, LIKE, OH MY GOODNESS, YOU KNOW, UNEMPLOYMENT'S SHOT UP TO 10% OR WHATEVER.
AND WE REALLY SEE OUR SALES TAX DECLINING.
WE JUST MAKING THOSE CHOICES OF, WELL, WE CAN'T BUY EVERYTHING THAT WE THOUGHT WE WERE GOING TO TO BUY NOW AND THE COST WOULD GO UP EVEN MORE.
ALL RIGHT, WELL THANKS FOR YOUR TIME AND I BELIEVE IT'S SANDY'S NEXT.
[3. Update from city staff on economic outlook. ]
GREETINGS.ANDY CONKS, ASSISTANT CITY MANAGER OF ADMINISTRATION.
THAT'S THE VARYING HEIGHTS OF THE MIC THIS AFTERNOON SO FAR.
UM, AS JANE AND SCOTT AND KATHY TALKED ABOUT, I'M JUST GONNA GO OVER A, UH, HIGH LEVEL OVERVIEW OF CAPITAL PROJECTS TO BE FUNDED OVER THE NEXT SIX YEARS.
AND REALLY WHEN YOU THINK ABOUT IT, IT, I PUT SIX ON HERE, BUT REALLY IT'S FIVE AND A HALF.
SO CLOSING OUT THIS FISCAL YEAR AND THEN THE FIVE, UH, PROCEEDING YEARS AFTER THIS.
SO, UM, SO JUST AS A REMINDER, THE, UM, THE SOURCES AND THE USE OF FUNDS.
SO WHEN WE TALK ABOUT CAPITAL PROJECTS, I'M GONNA PRIMARILY BE FOCUSED ON, NOT PRIMARILY, I'M GONNA BE FOCUSED ON THE 2000 CIP P IN THE 2017 CIP P.
SO I KNOW IF SOME OF YOU ARE OUT AND ABOUT AND PEOPLE SAY, WHY DOESN'T THE CITY HAVE HAVE A TAX LIKE MAPS? WELL, THE ANSWER IS WE DO.
SO THESE ARE THESE TWO TAXES AND THIS IS WHAT THEY'RE CALLED.
SO THE 2000 IS A THREE QUARTER CENT PERMANENT TAX IN AN ANNUALLY GENERATES 17 POINT A HALF MILLION DOLLARS.
AND A COUPLE OF THE PROJECTS RECENTLY THAT HAVE BEEN FUNDED THROUGH THIS ARE THE COVE WIDENING FROM FAIRFAX TO GRIFFIN, UH, THE QUIET ZONE, WHICH HAS BEEN QUITE THE CATALYST FOR THINGS DOWNTOWN.
AND THEN THE RECONSTRUCTION AND RESURFACING OF STREETS, WHICH ANNUALLY COMES OUT OF THIS AT ABOUT THREE AND A HALF MILLION DOLLARS.
AND THEN ALSO, THIS IS THE FUND THAT WE BORROW AGAINST.
SO WHEN YOU TALK ABOUT DEBT SERVICE, SO IN JULY, 2021, A CITY MADE THE DECISION TO BORROW 40 MILLION.
UM, ONE OF THE BIG PROJECTS WITH THAT IS KICKING BIRD.
SO ABOUT 20 MILLION OF THAT HAS BEEN DEDICATED TO KICKING BIRD ALONG WITH SOME, A ROAD WIDENING AT DANFORTH AND KELLY, SOME ITS PROJECTS AND THINGS OF THAT NATURE.
SO AGAIN, THAT WAS BORROWED OVER 15 YEARS AND THE ANNUAL DEBT SERVICE OVER THOSE 15 YEARS IS AS LOW AS TWO AND AS HIGH AS 4 MILLION.
AND THEN THE OTHER ONE THAT WE'LL TOUCH ON A LITTLE BIT MORE, UH, THAT HAD BEEN FREQUENT CONVERSATIONS, UH, IN THIS CHAMBER IS THE 81.1 MILLION, UH, TO FUND THE, UH, Y M C A AND LIBRARY PROJECT AND THEN THE CITY CENTER COMPLEX PROJECT.
SO I'LL TALK A LITTLE MORE ABOUT THAT IN THE SLIDES PROCEEDING.
AND OF COURSE, MOVING OVER TO THE RIGHT, THE 2017 C I P SALES TAX, WHICH IS A HALF CENT, WHICH I THINK IT'S REALLY IMPORTANT TO KEEP IN FRONT OF, UH, EVERYONE THAT THAT SUNSETS ON MARCH 31ST TO 2027.
SO WHEN WE'RE PROJECTING OUT THIS FIVE YEARS, IT'S NOT SHOWING A FULL FIVE YEARS OF REVENUE IN THAT CUZ OF THE SUNSET IN 2027.
SO IT'S BASICALLY SHOWING FOUR AND A HALF YEARS OF REVENUE BECAUSE IT SUNSETS ON 3 31.
SO IT ANNUALLY GENERATES 11 AND A HALF MILLION.
ONE OF THE PROJECTS RECENTLY COMPLETED FROM THIS FUND WAS THE WIDENING, UH, OF THE INTERSECTION OF SECOND BRUNT FOR SEVEN AND A HALF MILLION.
AND THEN THE PROJECT THAT'S ONGOING RIGHT NOW, THE STEVENSON PARK IMPROVEMENTS FOR SIX AND A HALF.
UH, WE DON'T BORROW AGAINST THIS SINCE IT DOES HAVE A SUNSET.
AND THE PROJECTS THAT, UM, CAME THAT ARE BEING FUNDED THROUGH THIS CAME OUT OF A SHORT TERM TASK FORCE THAT THE COUNCIL HAD APPOINTED, UM, IN 2015 TO LOOK AT EXTENDING THE PUBLIC SAFETY CENTER TECHS.
SO WHAT CAME OUT OF THAT RECOMMENDATION WAS, YES, YOU SHOULD EXTEND IT.
AND AS OPPOSED TO THE FIVE YEARS THAT IT WAS GONNA BE, UM, THAT FUNDED THE PUBLIC SAFETY CENTER, IT WAS GONNA BE OVER 10 YEARS FOR THAT SAME HALF CENT.
AND THEN FROM THERE, 11 ITEMS WERE PREPARED AND CAME OUTTA THERE AND RESIDENTS OF EDMOND WENT TO, UH, THE BALLOTS ON APRIL OF 2016 AND SAID YES TO THAT.
SO WE'VE BEEN WORKING OFF THAT LIST FROM A STAFF LEVEL AND CONSTANT CONVERSATIONS WITH COUNCIL ABOUT THOSE PROJECTS.
UM, WOW, IT LOOKS A LITTLE TINIER UP THERE.
I ALWAYS SAY THAT THAN IT DOES AT MY DESK, SO I HAVE A BIG MONITOR.
WHAT I WANTED TO DO IS JUST SPEND A COUPLE MINUTES VISITING WITH YOU ABOUT, UM, GROUPING PROJECTS IN BUCKETS.
AND THEN WHEN YOU LOOK OVER THIS FIVE AND A HALF YEAR PERIOD, THE AMOUNT OF MONEY THAT'S GONNA BE ALLOCATED TO THOSE PROJECTS.
SO IF YOU SEE A BLUE IN HERE, SO DAN FOURTH AND KELLY CITY CENTER COMPLEX SALE OF LAND, THESE THINGS, THE
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BLUE ARE YOUR FOUR AND THREE STAR GOALS IN YOUR RECENTLY ADOPTED A STRATEGIC PLAN.SO IT'S JUST TO HIGHLIGHT SOME OF THOSE.
UM, SO THE FIRST BUCKET IS STREETS AND HIGHWAYS.
SO OVER THIS PERIOD OF TIME, 70 AND A HALF MILLION DOLLARS IS CURRENTLY ALLOCATED TO BE, TO BE FUNDED FROM HERE.
OH, AND I, I THINK I GOT A LITTLE AHEAD OF MYSELF.
WE HAD THIS, THIS IS A VERY SIMILAR PRESENTATION THAT I GAVE AT YOUR WORKSHOP IN NOVEMBER AT YOUR STRATEGIC PLANNING SESSION.
SOME OF THE PROJECTS HAVE CHANGED JUST A LITTLE BIT.
AND THE MESSAGE FROM THAT SESSION IS THE SAME AS TODAY, WHICH IS IF YOU, IF THERE'S, IF YOU'RE CHOOSING, WE, WE ARE MAXIMIZING THE USE OF OUR FUNDS.
SO IF THERE'S PROJECTS THAT AREN'T UP HERE THAT YOU WISH TO FUND, EITHER SOMETHING'S GOING, SOMETHING WILL BE HAVE TO BE REMOVED OR WE CHOOSE NOT TO MOVE FORWARD WITH SOMETHING.
SO THIS IS MAKING, THIS IS MAKING MAXIMUM USE OF THE FUNDS PLUS THE BORROWED MONEY THAT'S PROPOSED.
DOES THAT MAKE SENSE? SO TELL ME AGAIN WHAT THE BLUE MEANS.
THE BLUE IS, UH, PROJECTS THAT ARE IDENTIFIED IN YOUR STRATEGIC PLAN.
THEY'RE FOUR AND THREE STAR GOALS, BECAUSE MY SLIDE DOESN'T HAVE BLUE, SO OH, DOESN'T, OKAY.
SO WE'LL MAKE SURE THAT IT GETS UPDATED ON THE WEBSITE.
SO AGAIN, IT'S, THIS IS MAKING MAXIMUM USE OUT OF THESE TWO FUNDS.
SO IF THERE'S SOMETHING ELSE THAT THE COUNCIL WISHES TO FUND, THEN I WOULD PAUSE IT THAT SOMETHING NEEDS TO, NEEDS TO BE REMOVED FROM THAT LIST.
SO, UH, 70 AND A HALF MILLION.
AGAIN, THIS IS OUR ANNUAL, UH, MILL AND OVERLAY PROJECTS ARE RESEARCHING OF THE STREETS, UH, AND ALSO INTERSECTION IMPROVEMENTS AT THESE INTERSECTIONS.
SO, UH, GOOD NEWS ON DANFORTH AND KELLY.
WE JUST FOUND OUT LAST WEEK THAT WE HAVE RECEIVED FEDERAL, UH, FUNDING THROUGH ACOG TO HELP US FUND THAT PROJECT.
SO IT WAS REALLY GOOD NEWS AS WELL AS ITS PHASE FOUR RIGHT HERE, AND I'VE GOT A SLIDE THAT TALKS ABOUT THAT FUNDING, UH, MOVING FORWARD.
SO AS ALWAYS, STAFF IS ALWAYS TRYING TO, UH, LOOK FOR, UH, OPPORTUNITIES TO ASSIST WITH FUNDING THESE PROJECTS.
AND THEN OF COURSE, THE ONE WAY FRONTAGE ROADS, UH, THERE'S 4 MILLION IN THIS FIVE YEAR BUDGET TO PAY FOR 10% OF THAT PROJECT COST.
AND THEN COMPLETING ITS PHASE THREE AS WELL AS GETTING STARTED ON INTELLIGENT TRAFFIC SYSTEM, PHASE FOUR.
AND THEN OUR ADA AND SIDEWALK IMPROVEMENT PROJECT, WHICH IS ALSO A, A PROJECT THAT'S FUNDED THROUGH ACOG AS WELL.
THERE'S MATCHING FUNDS FOR THAT AS WELL.
AND THEN, UM, ANOTHER FOUR, THREE STAR GOAL IS THE CITY CENTER COMPLEX.
AND OF COURSE I PUT IN HERE IT'S DEPENDENT ON BANK FINANCING.
SO IN THIS BUCKET RELATED TO DOWNTOWN DEVELOPMENT, THERE'S $46 MILLION.
AND THEN THE OTHER PROJECT THAT, IT'S A LITTLE FARTHER BEHIND THIS, BUT IT'S, UM, LOOKING AT THE POSSIBILITY OF A PEDESTRIAN UNDER OR OVERPASS IN DOWNTOWN.
SO WE REALIZE WITH SO MUCH RESIDENTIAL DEVELOPMENT GOING ON WEST OF THE TRACKS, IT MAKES IT DIFFICULT AND CHALLENGING SOMETIMES WHEN THE TRAIN IS PARKED ON THE TRACKS FOR PEOPLE TO GET TO THE EAST SIDE OF THE TRACKS.
SO WE'RE, WE'RE LOOKING AT THE FEASIBILITY OF WHAT AN OVER OR UNDERPASS WOULD LOOK LIKE THERE.
SO, AND THEN I, I THINK I THOUGHT IT WAS HELPFUL AS A REMINDER, JUST THE SALE OF THE LAND AND THE BUILDINGS ALONG LITER, WHICH IS A FOUR STAR GOAL AND YOUR STRATEGIC PLAN RIGHT NOW.
SO ONCE THE CITY CENTER COMPLEX IS COMPLETE, THEN THERE THE CITY WILL HAVE EXCESS LAND IN BUILDINGS THAT IN IS BEING PROPOSED NOW TO BE SOLD TO A PRIVATE DEVELOPER THROUGH A REQUEST FOR QUALIFICATION PROCESS, AND THEN FOR THOSE TO BE REDEVELOPED.
AND THEN ALSO TIF REVENUE TO BE IN REINVESTED IN THE AREA FROM THE OCTOBER, 2020 ADOPTION OF THE TIFF AND DOWNTOWN, UM, 49 MILLION IN PARK PROJECTS.
SO STEVENSON PARK, WHICH IS CURRENTLY UNDERWAY, AND THEN KICKING BIRD, WHICH I KNOW BRIAN SORENSON, I DON'T WANNA STEAL HIS THUNDER.
TONIGHT WE'LL BE TALKING ABOUT THE GRAND OPENING OF KICKING BIRD AT THE, AT THE COUNCIL MEETING.
SO THAT'S GREAT NEWS FOR THAT.
AND THEN AS WELL AS, UH, THE FUTURE IMPROVEMENTS TO AC CAPLINGER, WHICH AGAIN IS A THREE STAR GOAL ON YOUR STRATEGIC PLAN.
AND THEN A COUPLE OF PROJECTS THAT, UM, HAVEN'T BEEN TALKED ABOUT AS MUCH, BUT HAS HAVE COME UP AS PRIORITIES ARE ON HERE AS WELL.
UM, SO CURRENTLY THERE'S DESIGN MONEY FOR, UH, NEW RECTANGULAR FIELDS.
SO MULTIPURPOSE FIELDS TO BE USED FOR A VARIETY OF SPORTS.
SO THERE'S BOTH DESIGN MONEY TO THE TUNE OF $800,000 IN, IN THIS PROPOSED FIVE YEAR BUDGET, AS WELL AS $8 MILLION TO FUND THE CONSTRUCTION OF.
SO CURRENTLY WE'RE, UH, WORKING WITH PDG A CONSULTANT ON WHERE THOSE SHOULD BE LOCATED.
SO THAT WILL, UM, AS THOSE CONVERSATIONS CONTINUE, UM, WE WILL BE BRINGING BACK PDG TO TALK ABOUT PROS AND CONS OF EACH OF THOSE SITES.
AND THEN HOPEFULLY IF COUNCIL WOULD LIKE TO MOVE FORWARD, THEN WE'LL BE TALKING ABOUT DESIGN FOR THE PREFERRED LOCATION, SO THOSE THAT WORK IS ONGOING RIGHT NOW.
AND THEN, UM, ONE OF THE IDENTIFIED PROJECTS, UH, FOR THE 2017 C I P WAS AN ADDITIONAL SPLASH PAD.
SO HAPPY TO REPORT, UH, THE, THE PARK TAX HAS BEEN PAYING FOR THE DESIGN OF A SPLASH PAD AT TED ANDERSON PARK.
SO IN MARCH WE'LL BE BIDDING THAT PROJECT, AND THEN IT WILL BE, UH, STARTING CONSTRUCTION THIS SUMMER.
SO IT'LL BE THE CITY'S SECOND SPLASH PAD WITHIN TED ANDERSON.
ONE OF THE NEAT DEALS ABOUT HOW THE STAFF WENT ABOUT FIGURING OUT THE LOCATION FOR SAID SPLASH PAD WAS, UM, AND IF YOU
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BUILD A A POOL IN THE CITY LIMITS, EDMOND, YOU HAVE TO GET A PERMIT.THIS IS ONE OF THE AREAS OF TOWN THAT HAS THE FEWEST POOL PERMITS IN TOWN.
SO WE THOUGHT IT WOULD BE HIGHLY UTILIZED IN AN AREA THAT, THAT THERE'S LESS ACTUAL PRIVATE POOLS.
SO THAT'S HOW WE ARRIVED AT THIS.
SO EXCITED ABOUT THE CITY'S SECOND SPLASH PAD.
AND THEN OF COURSE, TRAILS, UM, IS A FOUR AND THREE STAR GOAL.
SO THIS IS FUNDING THE ROUTE 66 TO SPRING CREEK TRAIL, WHICH WE LOOK TO TO BE BID OUT IN THIS FISCAL YEAR.
AND THEN A LITTLE BEHIND THAT AS WE'RE STILL ACQUIRING PROPERTY AS THE CREEK BEND TRAIL.
UM, AND THEN ANOTHER ONE THAT'S A LITTLE NEWER ON THE LIST IS REPURPOSING THE FIELDS AT BICK AND RUCKING.
SO THOSE WERE FORMALLY USED AS, UH, SOFTBALL FIELDS, AND NOW THAT WE HAVE THE COMPLEX AT ROUTE 66, THEY BECAME A LITTLE SURPLUS.
AND AS THE WASTEWATER RECOVERY FACILITY PROJECT IS WRAPPING UP, THERE'S THE OPPORTUNITY TO REPURPOSE THOSE FIELDS.
SO WHAT'S BUDGETED NOW IS DESIGN MONEY AS WELL AS CONSTRUCTION MONEY IN THE FIVE-YEAR BUDGET.
N NOT EXACTLY SURE WHAT THAT COULD BE.
WE LOOK FORWARD TO HAVING A CONVERSATION WITH THE COMMUNITY ABOUT HOW TO BEST UTILIZE THOSE FIELDS AND THEN, UM, PAY FOR PARK, UH, THE RENOVATIONS OF THE RESTROOMS, THE STAGE AND THE FISHING DOCK.
SO AS WITH LOTS OF OUR PARKS FACILITIES, THIS IS ABOUT QUALITY OF LIFE AND THESE FACILITIES ARE BADLY IN NEED OF UPGRADES.
SO THERE'S MONEY BUDGET IN THERE TO UPGRADE THESE THREE THINGS.
AND WE'RE JUST ABOUT TO START THE DESIGN PROCESS ON THAT.
WE'VE ENGAGED A CONSULTANT, AND SO WE WILL, WE WILL KEEP MOVING FORWARD AND THAT CONTRACT WILL COME BEFORE YOU ALL, UM, TO START TALKING ABOUT THE DESIGN OF THAT.
UH, ONE OTHER, SOME OF THE OTHER BUCKETS.
SO UP HERE IN THE TOP LEFT IS ECONOMIC DEVELOPMENT.
SO WITH THE INDOOR, AND THERE'S $10 MILLION DEDICATED OVER THESE FIVE YEARS FOR THAT.
SO, UH, CITY STILL REMAINS OPTIMISTIC THAT AN INDOOR SPORTS COMPLEX CAN BE LOCATED WITHIN THE COMMUNITY.
I KNOW WE'VE SAID THAT BEFORE, IT MAY SOUND LIKE A BROKEN RECORD STANDING UP HERE, BUT WE FEEL CONFIDENT THAT, UH, CURRENTLY THE CITY HAS LET THE LANDOWNER AND THE DEVELOPER KNOW OF ITS POSITION AND HOW MUCH, UH, THE CITY WOULD BE WILLING TO FUND AS IT AS IT RELATES TO THIS ENDEAVOR.
SO WE'VE LEFT IT IN THEIR HANDS AND WE'RE HOPEFUL AND CONFIDENT THAT THEY CAN WORK SOMETHING OUT.
SO WE'LL CONTINUE TO HAVE THOSE CONVERSATIONS, BUT, UM, FEEL GOOD ABOUT THE, THE INDIVIDUAL AND HIS TEAM THAT'S COME FORWARD THAT SAYS, UM, I'D LOVE TO BUILD THIS, AND I'VE OPERATED THESE AT DIFFERENT PLACES ACROSS THE COUNTRY.
SO WE'LL JUST CONTINUE TO HAVE THOSE CONVERSATIONS AS WELL AS $1 MILLION ANNUALLY FOR ECONOMIC DEVELOPMENT INCENTIVES.
AND FOR THIS CURRENT FISCAL YEAR DESIGN, UM, IS NEARING COMPLETION ON, UH, THE WIDENING OF THE ROAD AND THE INSTALLATION OF A LIGHT FOR THE CREST THAT IS NOW UNDER CONSTRUCTION.
AND THEN AS YOU MOVE DOWN TO CON WAIT, DO YOU YOU RECALL WHEN THAT'S SUPPOSED TO BE COMPLETED? I CAN'T, I, THE CREST OR OUR, OR OUR IMPROVEMENTS CREST, DO YOU RECALL? I'VE GOT OUR ECONOMIC DEVELOPMENT AUTHORITY DIRECTOR BEHIND ME, AND HOPEFULLY SHE CAN, I I BELIEVE IT'S FALL.
WELL, I JUST TALKED TO 'EM THIS WEEK AND THEY DON'T THINK IT'S GONNA BE THIS FALL.
I DON'T THINK IT'S GONNA BE THIS FALL.
IT'S, IT'S GONNA MOVE JUST A LITTLE BIT OVER TO NEXT YEAR.
FROM MY CONVERSATIONS WITH THEM, I CAN'T IMAGINE THEY'RE, UM, HAVING A DIFFICULTY WITH RISING COSTS AND FINDING THE LABOR TO ACTUALLY CONSTRUCT THE FACILITY THAT DIDN'T HAPPEN TO ANYBODY THESE DAYS.
SO OUR, OUR INTENTION IS TO HAVE ALL THIS CONSTRUCTED, UM, PRIOR TO OR AROUND THE TIME THAT THEY OPEN.
SO I KNOW THAT THEY'VE BEEN, THEY'VE BEEN VERY NICE TO ACTUALLY DESIGN THE TRAFFIC SIGNAL THAT'S GONNA GO IN THERE.
SO WE'RE VERY THANKFUL FOR THAT.
BUT THE CITY IS NOW DESIGNING THE, THE, THE ROAD WIDENING IMPROVEMENTS, AND I KNOW WE'RE PURSUING THE, THE COUPLE OF EASEMENTS THAT WE NEED TO BE ABLE TO RIGHT, TO WIDEN THE ROAD THROUGH THERE.
UH, COMMUNITY DEVELOPMENT, THIS BUCKET, UH, IS FULLY TAKEN UP BY THE SECOND LIBRARY AND Y M C A AND JUST AS A REMINDER, SO, UM, THE JOINT PARTNERSHIP BETWEEN THE LIBRARY AND THE Y M C A WITH THE Y M C A REPAYING THE CITY TO THE TUNE OF A LITTLE UNDER $12 MILLION OVER THE 15 YEARS.
SO AFTER THIS PROJECT IS COMPLETE, THE TOTAL CITY EXPENSE WILL BE $25.3 MILLION.
AND THEN AS WE MOVE UP HERE UNDER GENERAL GOVERNMENT AND PUBLIC SAFETY, 20 MILLION FOR THAT, UM, WHICH INCLUDES CROSS TIMBERS EXPANSION, AND THEN A PROJECT THAT'S NEWER ON THIS AS, UM, THE REGIONAL TRANSIT AUTHORITY GETS MORE INTENTIONAL ABOUT MOVING FORWARD, UM, WITH PROPOSED COMMUTER RAIL BETWEEN EDMOND, OKLAHOMA CITY AND NORMAN.
ONE OF THE, THE THINGS THAT CITIES ARE BEING ASKED TO DO THAT ARE STILL PARTICIPATING IN THIS IS TO HAVE THE LAND AVAILABLE AS WELL AS MAKE THE, UM, SITE IMPROVEMENTS TO THAT.
SO MONEY IS BUDGETED CURRENTLY IN THE OUTER YEARS.
SO FOR, FOR LAND, IT'S NEXT FISCAL YEAR.
AND THEN FOR SITE DEVELOPMENT, IT'S THE YEAR AFTER THAT.
AND THIS WAS A PROJECT IDENTIFIED, UH, ON THE 2017 C I P LIST AS WELL.
SO, UH, A MULTIMODAL STATION WAS HOW IT WAS IDENTIFIED ON THAT.
SO THIS WILL, IN THE SHORT TERM, WE'RE, WE'RE STILL WORKING ON ACQUIRING LAND FOR THE ULTIMATE HOME FOR THE CITYLINK HUB AS WELL.
SO FIRST WE'LL BE CITYLINK, AND THEN IF REGIONAL TRANSIT,
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IF THE TAX TO FUND REGIONAL TRANSIT GETS APPROVED, THEN THIS IS ALSO WHERE THE ONE OF EDMONDS TWO STATIONS PROPOSED TWO STATIONS WOULD BE.AND THEN I THOUGHT I'D SPEND JUST A LITTLE BIT OF TIME ON THE CITY CENTER COMPLEX AND SECOND LIBRARY AND Y M C A, AND MAYBE JUST TO CALL A LITTLE ATTENTION TO CALLING IT THE CITY CENTER COMPLEX.
NOW, UM, WHEN WE STARTED THIS PROJECT, UM, WE WERE CALLING IT THE CITY HALL COMPLEX PROJECT, AND I THINK THERE WAS A LITTLE BIT OF CONFUSION IN THE COMMUNITY ABOUT IS IT JUST ONE BUILDING? AND SO THE ANSWER IS NO, IT'S THREE BUILDINGS.
SO IT'S A CITY HALL, IT'S A PARKING GARAGE, AND IT'S A MUNICIPAL COURT COMPLEX.
SO WE THOUGHT BY GIVING IT A DIFFERENT NAME THAT'S A LITTLE MORE ALL-ENCOMPASSING, IT MIGHT HELP WITH REDUCE SOME OF THE PUBLIC CONFUSION ON THAT.
SO WE'RE NOW CALLING IT THE CITY CENTER COMPLEX.
SO, UH, IN ORDER TO CONSTRUCT THIS, THE BUDGETS HAVE BEEN SET.
SO IT'S 44 MILLION FOR THE CITY CENTER COMPLEX, AND THEN IT'S 30 MILLION FOR THE SECOND LIBRARY IN Y M C A.
AND WHAT THE CITY IS DOING IS, UH, AS YOU ALL KNOW, ARE WELL AWARE ONGOING CONVERSATIONS AND SEEKING 81.1 MILLION THROUGH A PRIVATE PLACEMENT.
AND THE ADDITION TO THAT WOULD BE THE LAND THAT THE CITY HAS ALREADY PAID FOR, UH, FOR THE Y M C A AND THE LIBRARY, AND THEN 3.1 FOR DESIGN AND ADD THOSE TWO UP, AND THEN YOU GET TO 81.1.
SO ON JANUARY 23RD, THE COUNCIL AUTHORIZED THE BOND COUNCIL, OUR BOND COUNCIL AND FINANCIAL ADVISOR TO SEEK BIDS.
AND THE INTENTION IS ON MAY 13TH THAT THOSE BIDS WILL COME BEFORE THIS BODY, UH, FOR APPROVAL.
WHAT DID I SAY? MAY, MAY, MAY, YES.
AND THEN TENTATIVE WHAT THIS, UH, I'VE HAD SOME PEOPLE ASK THE QUESTION OR THE QUESTION'S BEEN ASKED BY DOING THIS, DO WE STILL HAVE CAPACITY TO DO OTHER PROJECTS? THE ANSWER IS YES.
SO WHAT THIS WOULD DO, WHEN YOU LOOK AT, UM, OUR, THE PRINCIPLE AND INTEREST REPAYMENT COMPARED TO OUR CASH FLOW OVER A 15 YEAR, 15 YEAR PERIOD.
SO BASICALLY ALL THE PROJECTS I JUST DESCRIBED, PLUS THESE WOULD BE ABLE TO BE FUNDED BY THIS.
AND SO IF THE 2017 WAS EXTENDED, SO AGAIN, IT SUNSETS ON MARCH 31ST, 2027, UM, ON AN AVERAGE YEAR OVER THAT 15 YEARS, 26% OF THE MONEY WOULD BE TIED UP TO REPAYING THE PRINCIPLE AND INTEREST FOR NOT ONLY THIS, BUT THE 40 MILLION, NOT ONLY THE 81.1, BUT THE 40 MILLION THAT WAS BORROWED IN JULY OF 2021.
SO THAT WOULD STILL LEAVE 74% LEFT FOR OTHER PROJECTS.
AND THEN IF THE 2017 IS NOT EXTENDED, WHAT THAT LOOKS LIKE AS FAR AS TYING UP THE CASH FLOW IS 35%.
SO I E 65% WOULD BE LEFT FOR OTHER PROJECTS.
AND THEN, UM, WANTED TO SPEND JUST A COUPLE MINUTES TO TALK ABOUT PROJECTS THAT CURRENTLY DO NOT HAVE ANY IDENTIFIED FUNDING SOURCES.
SO, UH, IN AUGUST OF 2020, UH, AUGUST OF LAST YEAR, AUGUST OF 2022, WHAT WE TALKED ABOUT WAS, UM, OUR THEN CITY ENGINEER PUT TOGETHER A LIST OF TRANSPORTATION INFRASTRUCTURE PROJECTS.
AND THE BIG TAKEAWAY FROM THAT WAS THERE WAS $120 WORTH OF NEED, AND THERE WAS ONLY 40 MILLION OF IDENTIFIED FUNDS.
SO THERE WAS 80 MILLION, THERE WAS AN 80 MILLION GAP.
AND FOR, WHEN YOU TALK ABOUT THOSE PROJECTS, A COUPLE OF THOSE PROJECTS WOULD BE, UM, AN INTERSECTION IMPROVEMENT WIDENING AT AIR DEPOT AND COVELL, WHICH IS WHERE THE PUBLIC SCHOOLS HAVE A NEW ELEMENTARY AND MIDDLE SCHOOL PLANNED.
AND THEN ANOTHER EXAMPLE WOULD BE THE ULTIMATE WIDENING OF COVE BETWEEN BROADWAY AND SOONER.
THERE'S AREAS THROUGH THERE THAT OUR TRANSPORTATION MASTER PLAN PREVIOUSLY CALLED FOR FOUR-WAY, UH, FOR WIDENING TO FOUR LANES, AND THERE'S NO IDENTIFIED FUNDING FOR TO FINISH OFF THAT PROJECT.
AND THEN ALSO OUR NEWLY ADOPTED MOBILITY PLAN, EDMOND SHIFT, UM, WHICH, WHEN YOU THINK ABOUT THIS, THINK ABOUT INTERSECTION WIDENING, SPIKE LANES, MULTI-USE TRAILS, UH, STUDIES AND SIDEWALK GAPS AND TRAFFIC CALL.
SO IN THE SHORT TERM, THERE WAS A 53.5 MILLION GAP, UH, WITH NO MONIES IDENTIFIED FOR THAT.
AND THEN IN THE LONGER TERM, 68.5.
SO WHEN YOU ADD, WHEN YOU ADD THOSE TWO UP, I, I GET 122 MILLION GAP.
UM, AND THEN ALSO PROJECTS WITH NO IDENTIFIED FUNDING WHEN IT RELATES TO TRANSIT AND HOUSING.
SO CURRENTLY WE HAVE A HOUSING ASSESSMENT OUT, AND AS IT RELATES TO AFFORDABLE OR WORKFORCE HOUSING, THERE'S SOME ARPA FUNDS THAT HAVE BEEN IDENTIFIED.
BUT BEYOND THAT, THERE, THERE'S $0 THAT HAVE BEEN IDENTIFIED TO ADDRESS AFFORDABLE HOUSING ONCE WE HAVE IT.
SO THE THOUGHT WAS LET'S GET A BETTER UNDERSTANDING OF WHAT THE BASELINE IS AND WHERE WE'RE AT.
AND THERE'S BEEN $1 MILLION OF ARPA FUNDS IDENTIFIED TO HELP LOOK AT WAYS TO ADDRESS THAT.
BUT BEYOND THAT, THERE'S NO IDENTIFIED FUNDS AND THEN PARKS AND QUALITY OF LIFE.
UM, THE MASTER PLAN FOR ARCADIA LAKE IS WRAPPING UP,
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AND SO IT'LL COME BEFORE THIS BODY IN THE NEXT COUPLE MONTHS.AND THEN THE IMPROVEMENT, THE RECOMMENDATIONS FROM THE MASTER PLAN, THERE'S CURRENTLY NO IDENTIFIED FUNDS IN THERE FOR THAT.
UM, OTHER THAN THE, THE, THE TRAIL THAT'S PLANNED ALREADY, THAT'S, THAT'S UNDER DESIGN, UH, THAT WILL GO OUT TO BID THIS FISCAL YEAR.
AND THEN ALSO THE POTENTIAL CITY ASSISTANCE TO UNCOMMON GROUND, NO IDENTIFIED FUNDS FOR THAT.
AND IF THE MITCH PARK MASTER PLAN WERE TO MOVE FORWARD, THERE'S, UH, WHATEVER THOSE RECOMMENDATIONS ARE, THERE'S NOTHING FOR THAT.
AND OF COURSE, UM, STAFF AND COUNCIL IS ALWAYS LOOKING OUT FOR, UH, FUTURE PARK LAND, AND THERE'S NO MONEY IDENTIFIED FOR THAT E EITHER.
UM, AND AS I MENTIONED EARLIER, WE'RE ALWAYS LOOKING FOR ADDITIONAL SOURCES OF REVENUE.
AND SO ONE OF THE THINGS THAT WE WANTED TO LOOK AT WAS THE WORKSHOP THAT WE HAD ON NOVEMBER 28TH, UH, WHICH IS ONE OF OUR FINANCIAL CONSULTANTS, WILLAN, WHO DOES A LOT OF THINGS FOR US AS IT RELATES TO WATER AND WASTEWATER.
WE WANTED THEM TO TAKE A BROAD LOOK AT THE CITY OVERALL.
AND THEN WHAT THEY DID IS COME UP WITH AN OPTIMIZATION STUDY.
AND ONE OF THE ITEMS FROM THAT OP OPTIMIZATION STUDY WAS GENERAL OBLIGATION BONDS.
AND JUST AS A REMINDER, UH, EDMOND IS THE ONLY CITY IN OKLAHOMA, OVER 50,000 RESIDENTS THAT DOESN'T UTILIZE THIS.
AND JUST AS AN EXAMPLE, IF THE COUNCIL WERE TO MAKE THE DECISION TO MOVE FORWARD WITH SOMETHING LIKE THIS, EITHER THIS COUNCIL OR SOME FUTURE COUNCIL, NOT SAYING THAT WOULD EVER HAPPEN, I HAVE TO BE VERY CAREFUL WITH MY WORDS WHEN WE TALKED ABOUT THESE THINGS, WHAT THAT, WHAT 10 MILLS WOULD LOOK LIKE OVER A 10 YEAR PERIOD.
IT WAS, IT WOULD GENERATE $154 MILLION.
I KNOW THE IDEA HAD BEEN FLOATED, UH, PREVIOUSLY TO MAYBE LOOK AT MOBILITY PROJECTS AS IT RELATES TO MOBILITY PRO PROJECTS.
SO OVER 10 YEARS, IF THIS WERE TO MOVE FORWARD, AND AGAIN, IT HAS TO GO TO A VOTE OF THE PEOPLE WOULD GENERATE ROUGHLY 154 MILLION.
UM, AND THEN AS I MENTIONED, KIND OF, I FEEL LIKE I'VE KIND OF BEEN A LITTLE DEBBIE DOWNER.
I, IT'S NOT REALLY A DEBBIE DOWNER.
THERE'S SO MANY AMAZING PROJECTS HAPPENING.
THERE'S SO MANY THINGS, UH, MOVING FORWARD RIGHT NOW, AND IT'S A VERY, VERY EXCITING TIME.
SO DEFINITELY WANNA MAKE SURE I, I END ON A HIGH NOTE.
UM, AGAIN, THE RECENTLY AWARDED 15 15 MILLION THROUGH ACOG, WHICH KUDOS TO STAFF THAT PUT IN THE WORK TO APPLY FOR THESE GRANTS.
SO WHAT THAT 15 MILLION WOULD FUND IS THE INTERSECTION WIDENING AT DANFORTH AND KELLY, ITS PHASE FOUR, AS WELL AS THE VISTA LANE TRAIL, WHICH IS A TRAIL THAT WOULD CONNECT, UH, THE NORTHERN PART OF HAYFORD PARK TO, UH, JUST A LITTLE NORTH OF SECOND STREET ON VISTA LANE.
UM, AND THEN OUR WAYFINDING SIGNAGE PROJECT.
SO WE GOT $500,000 TO, UH, MOVE TOWARDS THAT AS WELL.
SO WE'RE VERY CLOSE TO BEING PUT THAT OUT TO BID.
WE WERE WAITING ON THE GRANT, SO GOT GREAT NEWS.
SO THE KUDOS TO STAFF TO PURSUING THOSE QUESTIONS.
SO MAYOR, IF I CAN JUMP IN, HE HAD A COUPLE SLIDES THERE THAT SAID, UM, WHAT WAS IT? UH, NO FUNDING, NO FUNDING IDENTIFIED.
UM, YOU KNOW, HERE'S WHAT I'D SAY IS OVER MY 25 YEARS CAREER, I DON'T THINK I'VE HAD A CITY THAT HAS IDENTIFIED ALL THE FUNDING SOURCES IT NEEDED TO FUND ALL THE PROJECTS AND HAD, SO IT'S NOT UNUSUAL.
AND IT'S, AND IT'S PROBABLY, UH, UNREALISTIC TO THINK ANY CITY WOULD BE ABLE TO SAY, WE HAVE ALL THE FUNDING AVAILABLE AND WE HAVE ALL THE FUNDING WE NEED TO DO WHAT WE DO.
I THINK THAT'S WHY YOU HAVE, WHAT ARE THE FOURTH MAPS PROGRAM THEY'RE GOING THROUGH? AND THEY'LL DO ANOTHER 5, 6, 7, 8.
AND THAT'S IN COMBINATION WITH GO AND OTHER USES.
UM, CAUSE I THINK IF YOU WERE TO TALK TO YOUR CONSTITUENTS OUT THERE, THEY'D ALL HAVE A PROJECT THEY'D WANT MM-HMM.
SO I DON'T WANNA, YOU KNOW, THE, THE DEBBIE DOWNER COMMENT THAT HANDY SAID THAT THAT'S JUST REALISTIC, REALISTIC, UH, OF WHAT A CITY GOES THROUGH.
UH, CAUSE OUR CITIZENS ARE CONSTANTLY ASKING US FOR MORE AND MORE SERVICES, AND THAT'S WHY THEY DECIDE TO LIVE IN A CITY.
AND SO THE QUESTION IS HOW DO YOU PRIORITIZE? AND, AND I THINK WE WOULD SAY IS WE'LL DO THE PROJECTS ON THE LIST.
IT'S JUST A QUESTION OF WHAT FUNDING IS, IS WHETHER YOU WANT TO GET IT IN DONE IN FIVE YEARS, OR IS IT 10 OR 15 OR 20 YEARS? UH, AND SO I THINK THAT'S PART OF THE DISCUSSION.
WE'RE TALKING ABOUT THE BUDGET, BUT LONG TERM IT'S A, THAT'S A BUDGET DISCUSSION AS WELL.
UM, BUT I THINK WHAT I WOULD SAY IS, IS THERE'LL BE SOME MORE INFORMATION TONIGHT ABOUT SOME OF THE ADDITIONAL FUNDING SOURCES.
WE'VE, WE'VE BEEN ABLE TO RECEIVE THAT.
HOPEFULLY THEY WILL PUT US BACK IN A LITTLE BIT STRONGER POSITION TO THE STARS FUND BALANCES AND, AND CERTAIN THINGS.
BUT THIS IS THE PURPOSE OF THESE WORKSHOPS IS TO GET YOUR THOUGHTS, FEELINGS, SUGGESTION, IDEAS, YOU KNOW, THEN WE CAN GO BACK AND TINKER IN OUR BACK ROOMS AND COME BACK WITH, UH, HERE'S ABOUT THIS, HERE'S ABOUT THIS IDEA, OR HERE'S HOW WE COULD ADJUST THIS OR THAT.
SO THIS IS DESIGNED TO BE AN OPEN FORM AND MM-HMM.
AND, AND AS, AS WE TALKED ABOUT, THE MAYOR TALKED ABOUT, AND SCOTT TALKED ABOUT THE FLUID PROCESS.
SO WE HAD JUST RECEIVED WORD LAST WEEK ABOUT THE,
[00:45:01]
THE FEDERAL FUNDS THAT ARE COMING THROUGH ACOG THAT ALLOWED SOME FLEXIBILITY WITHIN THE BUDGET TO SOME OF THOSE QUALITY OF LIFE PARK PROJECTS THAT HAD BEEN IDENTIFIED BEFORE TO FREE UP SOME MONEY.SO WE WERE ALREADY PLANNING FOR ITS, AND DANFORTH AND KELLY, ESPECIALLY DANFORTH AND KELLY, TO, TO FUND THAT COMPLETELY OURSELVES.
SO WHAT IT DID WELL, IT'S VERY, VERY NICE.
WE'RE, WE'RE VERY THANKFUL THAT WE'RE GETTING IT, IT FREED UP ABOUT $3 MILLION.
SO I THINK YOU MIGHT SEE THE BIG NUMBERS AND SAY, OH, IT FREED UP ALL THAT.
IT FREED UP ABOUT $3 MILLION O OVER WHAT WAS ALREADY ANTICIPATED TO BE BUDGETED BY STAFF.
AND FINALLY, WE HAVE RYAN OCHSNER'S GONNA TALK ABOUT PARK TAX.
SO AS WE CONTINUE OUR PROJECT AND VENTURE, WELL, ONE THING I WANTED TO SAY ABOUT, YOU KNOW, WE HAVE A LOT OF ROAD AND STREET PROJECTS ON THERE YES, SIR.
THAT WE ARE GOING, WE COLLECTIVELY THE CITY OF MOND ARE GONNA TAKE CARE OF.
AND THEN WE ENROLLED IN PROJECTS THAT ARE GONNA COME IN THROUGH ODOT MM-HMM.
AND SO WE'RE GONNA HAVE TO WORK THAT ABOUT WHAT PROJECTS OR HOW WE WORK OUR PROJECTS IN CONJUNCTION WITH THEIR PROJECTS, BECAUSE, UH, THAT WOULD JUST POTENTIALLY JUST INCREASE GRIDLOCK AROUND HERE.
AND, UH, BUT IT'S A GOOD PROBLEM TO HAVE.
THESE ARE GROWING CITY PROBLEMS AND MM-HMM.
BUT WE WILL DEFINITELY BE MINDFUL OF MAKING SURE THAT WE ARE, WE'RE NOT OVERLAPPING OUR PROJECTS AS MUCH AS POSSIBLE, SO, MM-HMM.
[4. Discussion of Capital Improvement and Parks Tax budgets for FY24. ]
GOOD AFTERNOON.HEY, RYAN, HOW YOU DOING? RYAN OCH, AUCTIONER, DIRECTOR OF COMMUNITY QUALITY PARKS AND RECREATION IS ONE OF THE DEPARTMENTS I HELP OVERSEE.
UH, SO I WANNA TALK ABOUT THE, UH, PARK TAX BUDGET, UH, CAPITAL EXPENSE BUDGET.
UM, I'M GONNA START OFF BY, UM, COVERING WHAT IT'S FOR.
IT'S A ONE EIGHTH OF 1% TAX THAT IS, UM, FOR PARKS, RECREATION, LEISURE SERVICE FACILITIES FOR THE CITY OF EDMOND.
IT'S FROM OUR MUNICIPAL ORDINANCES.
SPECIFICALLY, IT GOES ON TO DESCRIBE THAT IT'S FOR CONSTRUCTION OPERATION, REHABILITATION, REPAIR, PARKLAND, AND TRAIL ACQUISITION AND MAINTENANCE OF, UH, OF THOSE FACILITIES.
HERE'S A GRAPH THAT INDICATES, UH, SOME RECENT COLLECTIONS FROM THAT ONE EIGHTH OF 1%.
AND YOU CAN SEE THAT WE HAVE BEEN AVERAGING A AROUND 2.6 MILLION PER YEAR COLLECTED BY THIS REVENUE SOURCE.
I WANNA FURTHER BREAK IT DOWN FOR YOU A LITTLE BIT ABOUT THE, UH, EXPENSES BY CATEGORY.
SO FROM THAT, ROUGHLY 2.6 MILLION THAT'S COLLECTED, ABOUT 30% OF THAT GOES TO CAPITAL OUTLAY, UM, BUILDING, IMPROVING NEW OR BUILDING OR SUBSTANTIALLY IMPROVING NEW THINGS.
ANOTHER, UM, 26% PERSONNEL SERVICES.
WE PAY SOME OF THE STAFF SALARIES AND, UH, RELATED COSTS OUT OF THAT.
UM, YOU SEE THE NOTE ABOUT THE IRAQ OPERATING COSTS, THAT STANDS FOR EDMOND RECREATION AQUATIC FACILITY.
UM, THAT'S THE POOL IN MITCH PARK AT THE Y M C A THERE, UH, WE, ABOUT 14% OF THE BUDGET ANNUALLY GOES TO THAT.
AND AGAIN, THIS IS JUST A SNAPSHOT FROM ONE YEAR.
OUR, OUR LAST, UH, YEAR UTILITIES, THAT HAS ABSOLUTELY BEEN A, UH, GROWING CATEGORY FOR US.
CURRENTLY AT ABOUT 13% OF, UH, THIS BUDGET ANNUALLY, GO ANNUALLY GOES TO THAT.
SO THAT'S SOME OF THE HIGHLIGHTS ON, ON WHERE THIS, UH, HOW THESE ARE CURRENTLY SPENT.
UH, WANTED TO ALSO HIGHLIGHT, UM, SOME EXAMPLES OF SOME EXPENSES OF, UH, OF THIS IN RECENT YEARS.
JUST STARTING THERE ON YOUR, ON THE LEFT UP AT THE TOP, SEE 2020, UM, WE SPENT SEVERAL YEARS HERE.
YOU'LL ACTUALLY SEE DESIGN FOR TRAILS AT ARCADIA LAKE.
UM, STARTED WITH SPRING CREEK TRAIL, NOW DESIGNING THE NORTHWEST TRAIL CONNECTOR THAT WILL CONNECT, UM, THE TRAIL THAT ODOT DID ON THE NORTH SIDE TO SPRING CREEK, DESIGNED FOR THAT.
AND YOU ALSO SEE PLAY STRUCTURES, UH, REOCCURRING EXPENSES THAT WE'VE, UH, BOUGHT AND INSTALLED.
ALSO, UH, A REGULAR EXPENSES, UH, SUPPORTING EFFORTS AT TENNIS FACILITY, UM, KICKING BIRD, GOLF AND LAKE.
THAT'S BEEN KIND OF A, A HISTORY OF THIS FUND, UH, SO FAR TO HELP SUPPORT THOSE AT TIMES, WHETHER THAT'S WITH SPECIAL PURPOSES OR UH, ALLOCATIONS, OCCASIONS.
SO AS YOU LOOK AT THESE, YOU'LL NOTICE, UM, THE HISTORY SHOWS INVESTING IN, UM, A LOT OF MAINTENANCE ACTIVITIES.
AND, BUT WE ALSO DO GET TO DO SOME NEW THINGS LIKE, UH, ANDY MENTIONED EARLIER, DESIGNING THE NEW SPLASH PAD AT TAYLOR ANDERSON PARK THAT'S BEING FUNDED OUT OF HERE.
UM, YOU SEE THAT OUTTA THE 2023 CATEGORY.
[00:50:01]
HIGHLIGHTS THAN, UH, THIS 2023 IS, UH, THE HAYFORD PARK DESIGNING THE, THE STAGE AND THE DOCK THAT ANDY MENTIONED, ALTHOUGH IT MAY BE FUNDED THROUGH C I P, WE INTENDED TO FUND THE DESIGNS THROUGH, UH, PARK TAX, UH, MITCH TRAIL RECONSTRUCTION YOU'LL HEAR ABOUT LATER THIS EVENING.THAT IS SOMETHING THAT WILL BE PARTIALLY FUNDED, UM, THROUGH THIS FUND, AS IS SOME, UH, SHADE STRUCTURES THAT WE'RE CURRENTLY, UH, WORKING ON DESIGNS FOR EDMOND TENNIS CENTER OR, UM, EDMOND CENTER COURT, EXCUSE ME, THAT IS, UH, ONE OF, UH, THE GREATEST SNEEZE THEY'VE IDENTIFIED OUT THERE.
SO WE'RE LOOKING TO, TO HELP WITH THAT NEXT YEAR.
SOME OF THE THINGS THAT WE'RE LOOKING AT AS WE PUT THIS BUDGET TOGETHER, UH, WE KNOW THAT THE TRAILS AT HAYFORD PARK ALSO NEED SOME RECONSTRUCTION WORK, LIKE WHAT WE'RE WORKING ON AT MITCH PARK CURRENTLY.
UM, COMPETITION POOL, SOME PLANNED REPLACEMENTS.
WE PARTNER WITH THE EBNA PUBLIC SCHOOL DISTRICT ON THOSE PLANNED REPLACEMENTS.
AND, UH, OUR, OUR SHARE OF THAT IS INDICATED THERE AT ABOUT 42,000.
SO WE ANTICIPATE THE, UH, THE DAM AT BIG AND RUDKIN POND NEEDS SOME WORK.
SO WE SEE SOME PLACEHOLDERS FOR THAT PLAY STRUCTURE AT TED TED ANDERSON PARK.
UM, ANDY MENTIONED THE SPLASH PAD.
THE PLAY STRUCTURE ITSELF IS ALSO NEEDING UPGRADE, SO THAT SHOULD REALLY COMPLETE THE, UM, COMPLETE THAT PARK KIND OF REMODEL THERE.
PELICAN BAY NEEDS SOME SUBSTANTIAL, UH, INVESTMENT IN MAINTENANCE, UM, AND UPGRADES.
SO THAT'S IDENTIFIED SOME PLACEHOLDER FUNDING FOR THAT.
AND AGAIN, YOU SEE SOME NEEDS AT EDMOND CENTER COURT AND, UM, AT SPRING, AND THEN ON BOTTOM THERE AT ARCADIA LAKE, UH, WE HAVE SOME SPRING CREEK WHERE IT, UM, ENTERS THE LAKE.
THERE ARE SOME EROSION ISSUES THAT ARE ENCROACHING TOWARDS THE TRAIL.
UM, WE'RE LOOKING TO BETTER UNDERSTAND THAT SO THAT WE CAN LOOK AND SEE IF, UH, IF AN ENGINEERED SOLUTION IS NEEDED THERE FOR THAT.
AND THEN FURTHER OUT IN YEAR TWO OF OUR BUDGET, UM, WE SEE SOME SIGNAGE.
IF SOME OF OUR COMPLEXES, WE'VE, WE'VE BEEN DOING THE COMMUNITY SIGNAGE FOR A NUMBER OF YEARS, UM, SO WE'RE CONTINUING THAT EFFORT AND GETTING TO SOME OF OUR PARKS.
UM, IF WE CAN REBUILD SOME OF THE TRAILS AT HAYFORD PARK.
I MENTIONED THE DESIGN IN THE PREVIOUS YEAR, BUT WE'RE IDENTIFYING SOME FUNDING FOR ACTUALLY CONSTRUCTION OF THOSE IMPROVEMENTS, UH, HERE IN THIS BUDGET.
UM, PLAY STRUCTURES, THINGS THAT RODEO GROUNDS THAT ARE NEEDED.
JUST A BUNCH OF, UH, MISCELLANEOUS, UH, TYPE OF, BUT, BUT MEANINGFUL ITEMS THAT MANY OF OUR FACILITIES THAT, UH, THAT WE'RE LOOKING TO SEE A NEW, A RENEWED EFFORT IN MAINTENANCE, REPAIR, UPGRADE OF THOSE.
AND ALSO, UM, DON'T LET ALL THE WONDERFUL NUMBERS FOOL YOU.
I'M NOT AN ACCOUNTANT, OF COURSE.
UH, WE HAVE PEOPLE FOR THAT, UH, GREAT PEOPLE FOR THAT THAT ARE A GREAT HELP TO ME.
BUT THIS HELPS ME CONSOLIDATE ALL THESE DIFFERENT CATEGORIES, DIFFERENT FUNDING SOURCES, SO THAT I CAN THEN START TO WORK TO OPERATIONALIZE THOSE AND QUEUE THE PROJECTS UP ACCORDINGLY.
SO THAT'S WHAT, THAT'S WHAT THIS CHART IS ABOUT.
SO I CAN UNDERSTAND THE, UH, THE BREADTH OF WHAT WE'RE LOOKING AT.
UM, OVER ON THE FAR RIGHT HAND SIDE OF THIS CHART, YOU SEE A TWO B DETERMINED COLUMN.
THOSE ARE, YOU KNOW, LIKE WE WERE JUST DISCUSSING, NOT IDENTIFIED, UH, FUNDING FOR, BUT THOSE ARE EACH ASSOCIATED WITH A, WITH A NEED IN EACH OF THOSE.
SO ALSO I WANNA MENTION THE, UH, FUND BALANCE.
UM, THIS IS WHAT THE CHART IS FOR THE FUND BALANCE IN PARK TAX OVER THE LAST FEW YEARS AND SOME PROJECTED ONES.
AND WHAT'S IMPORTANT TO NOTE TO THIS IS THAT WE DOING SOME OF THESE PROJECTS, WE ARE SIGNIFICANTLY REDUCING THE FUND BALANCE, BUT WE'RE BEING VERY INTENTIONAL ABOUT THAT AND MAKING THOSE CHOICES, UM, BECAUSE WE NEED THOSE DOLLARS SPENT IN OUR PARK SYSTEM AND PUT TO WORK.
SO THAT'S WHAT WE'RE DOING, BUT WE'RE ALSO MANAGING THAT BOTTOM LINE TO KEEP A HEALTHY RESERVE IN, IN THE EVENT OF ANY EMERGENCY SITUATION REPAIR OR SHORTFALL.
SO, UH, JUST SOMETHING I WANTED TO NOTE THAT IS OCCURRING.
SO THAT CONCLUDES MY PRESENTATION, BUT I'M HAPPY TO ANSWER ANY QUESTIONS OR DISCUSS FURTHER ANY OF THOSE ITEMS. ANY OTHER QUESTIONS, SIR? THANK YOU.
THAT'S, I DON'T WANNA SAY THAT'S ALL WE HAVE TO SAY, BUT FOR TODAY, REALLY THIS IS, THIS IS OUR OPPORTUNITY TO HEAR FROM YOU ABOUT YOUR THOUGHTS IN, IN, AS YOU MOVE FORWARD ON THIS.
LET ME JUST RAISE A COUPLE OTHER ITEMS THAT YOU'LL HEAR THROUGHOUT ALL OF OUR DIFFERENT WORKSHOPS THAT, UM, HAS BEEN A PRIORITY FOR ME IS, IS FIRST IS STAFFING.
I THINK KATHY WAS MENTIONING ONE OF THE CHALLENGES
[00:55:01]
WE HAVE IS FILLING POSITIONS.WE HAVE, I THINK IT'S LISA OUT THERE.
I THINK WE HAVE ACTUALLY 900 POSITIONS, BUT WE'RE UNDER I'S SAY, 800 THAT ARE FILLED AT THIS POINT.
SO WE HAVE A LOT OF VACANCIES.
UM, IT'S A TOUGH MARKET OUT THERE, BUT I ALSO SAY, UM, I'M LOOKING ESPECIALLY AT OUR TEMPORARY OR SEASONAL HIRINGS THAT WE THINK OF SUMMERTIME, YOU KNOW, ARCADIA LAKE OR DIFFERENT PARTS.
UM, WE'VE GOT A, WE'VE GOT A SHARPEN OUR PENCIL IN IN PROBABLY INCREASE SOME OF THOSE PAYS.
SO FOR EXAMPLE, YOU KNOW, THERE'S SOME POSITIONS OUT THERE FOR TEMPORARY SEASONAL THAT ARE $8 AN HOUR THAT MIGHT'VE WORKED GREAT FIVE, 10 YEARS AGO.
BUT I DON'T KNOW HOW MANY OF US WOULD, UH, YOU KNOW, JUST THINK IF YOU'RE A HIGH SCHOOL TEENAGER OR A COLLEGE STUDENT, YOU'RE GONNA WORK FOR $8.
MIGHT BE GREAT TO BE OUT THERE AT THE PARK, BUT BOY IF YOU CAN MAKE $15 AT NAME A FAST FOOD RESTAURANT OR ANYTHING ELSE.
SO I THINK WE'VE GOT SOME CHALLENGES THERE.
AND THE, THE, THE FALLBACK OF THAT IS IF WE CAN'T SOLVE THAT, WE END UP ACTUALLY PAYING MORE BECAUSE WE HIRE CONTRACT STAFF AND ACTUALLY OVERPAY FOR THOSE SAME POSITIONS FOR THAT SERVICE.
SO, UM, WE HAVE A, A STUDY OUT THERE, A SALARY SURVEY TO LOOK AT, ARE WE COMPETITIVE, NOT JUST IN OUR MARKET, BUT IN OUR ABILITY TO RECRUIT.
WE HAVE SOME PROFESSIONAL LEVEL, UM, OPENINGS THAT ARE OUT THERE THAT QUITE HONESTLY, WE'RE, WE'RE WANTING FOR APPLICANTS.
UM, WE NEED THE WORK TO BE DONE.
WE JUST ARE STRUGGLING TO FIND THOSE PEOPLE.
UH, AND THEN I THINK I, I'VE TALKED TO MOST OF YOU ON THIS IS, UH, YOU KNOW, FOR ME THIS YEAR IS KIND OF THE YEAR OF CUSTOMER SERVICE.
HOW DO WE LOOK AT OUR PROCESSES? WE ALL WANNA DO THINGS VERY WELL, AND WE WANT TO, YOU KNOW, GET IN THERE AND WE GET OUR HEAD DOWN AND FOCUS ON WHAT WE DO.
BUT IF WE, IF WE FAIL TO REMEMBER WHO WE SERVE, AND THAT'S OUR CUSTOMERS AND OUR CITIZENS, WE'VE MISSED THE BOATS.
SO WE'RE GONNA TAKE SOME TIME AND, AND CHALLENGE OUR, OUR DEPARTMENTS TO FIGURE OUT AS ARE WE PROVIDING THE BEST CUSTOMER SERVICE WE CAN? BECAUSE IF, IF WE HAVE CERTAIN ASKS DOWN THE LINE, WHETHER IT'S A SALES ACT EXTENSION OR GEO OR OTHER THINGS, BUT WE FAIL TO PROVIDE CUSTOMER SERVICE, THEN WE REALLY SHOULD BE SURPRISED IF WE FACE QUESTIONS ABOUT ADDITIONAL FUNDING.
AND THEN, UM, WE, WE'VE CHALLENGED OUR DEPARTMENTS TO LOOK AT THEIR FEES AND CHARGES.
THERE'S A LOT OF DEPARTMENTS THAT HAVEN'T INCREASED THEIR FEES AND CHARGES FOR MANY, MANY YEARS, AND THAT'S NOT KEEPING UP TO BEING ABLE TO KEEP UP SOME OF OUR FACILITIES, FOR EXAMPLE, OF, UH, ARCADIA LAKE.
AND THERE ARE SOME THINGS THAT WE COULD POTENTIALLY FUND IF WE HAD, UH, BETTER REVENUE COMING IN THAT WE WERE ABLE TO ACTUALLY COLLECT AND, AND MAKE USE OF.
SO THE CHALLENGES FOR OUR DEPARTMENTS TO, TO SHARPEN THEIR PENCILS WE'RE, YOU KNOW, KATHY'S LOOKING AT 'EM AND SAYING, HEY, YOUR BUDGET WAS A DOLLAR LAST YEAR, YOU ONLY USED 80 CENTS, SO MAYBE WE DON'T BUDGET AGAIN AND FOR A DOLLAR, MAYBE WE BUDGET FOR 80, WHICH IS MORE ACCURATE THAN WHAT YOU ACTUALLY USE THEM VERSUS OVER BUDGET ON CERTAIN THINGS.
SO, UM, THOSE ARE SOME THINGS THAT WE'RE GONNA BE LOOKING AT HOLISTICALLY AS A BUDGET, BUT REALLY WE'D LOVE TO HAVE FEEDBACK FROM THIS GROUP AND FOR THE PUBLIC.
OUR GOAL IS TO NOT TO HAVE TO COME AT THE END OF MAY AND SAY, HEY, LET'S DO A 30 MINUTE PRESENTATION AND VOTE ON IT.
YEAH, WE HAVE AN OPPORTUNITY FOR HOPEFULLY CITIZENS TO WATCH THIS, WHETHER IT'S EMAILS OR TEXTS, WHATEVER, TO COME BACK TO US AND PROVIDE FEEDBACK OR COME TO THE MEETINGS.
I THINK AT THE END, WE'RE GONNA HAVE SOME TIME WITH THE PUBLIC TO MAKE COMMENTS, BUT EVEN MORE IMPORTANTLY, TO HEAR YOUR THOUGHTS, PERCEPTIONS, CONCERNS, SUGGESTIONS, IDEAS, UM, THAT PROVIDES US BETTER CLARITY AS WE GO SHARPER AND PENCILS AND START TO BRIEF WHERE THE BUDGET THAT'S MORE RESPECTIVE WHAT WE'VE HEARD FROM THE PUBLIC FROM YOU.
SO, SO I, I DO HAVE A QUESTION.
I DON'T KNOW IF KATHY OR RYAN IS IN A BETTER POSITION TO ANSWER, BUT, UM, WITH OUR QUARTER CENT TEMPORARY SALES TAX, UM, WE'VE PAID FOR EVERYTHING AND THEN WE HAVE SOME EXTRA.
UM, AND I GUESS I WANT TO, I GUESS IT'S A COMMENT IN A QUESTION.
I WANT TO MAKE SURE THAT THOSE OVERAGE FUNDS HAVEN'T ALREADY BEEN ALLOCATED TO ANYTHING, BECAUSE THAT'S A CONVERSATION WE NEED TO HAVE AND I DON'T WANT IT TO JUST AUTOMATICALLY GO INTO THE PARK FUND.
WE'VE DONE SOME VERY MINOR THINGS IN THE PARK THAT WE WOULD POSIT TO BE, UH, RIGHT.
WE TORE DOWN A HOUSE THAT'S VACANT, RIGHT? MM-HMM.
SO THE, THE OVERAGE IS GONNA BE SOMEWHERE AROUND THE NEIGHBORHOOD, ABOUT 1.5 MILLION, RIGHT? STAFF HAS NO INTENTION, NOR WILL DO ANYTHING WITH THAT UNTIL COUNCIL GETS FURTHER THE DIRECTION.
I'M REALLY HAPPY AND PROUD OF THE THINGS THAT THIS STAFF HAS DONE OVER THE FOUR YEARS IN QUALITY OF LIFE IN THIS CITY.
AND I CONTINUOUSLY HAVE PEOPLE TELL ME, UM, WHAT OF GREAT PLACES TO LIVE BECAUSE OF THE, THE QUALITY OF LIFE THINGS AND IMPROVEMENTS THAT YOU'VE MADE THAT TENNIS CENTER, THE IMPROVEMENTS WE'RE MAKING TO THAT GOLF COURSE.
UH, I'M SO HAPPY ABOUT THE DECISION THAT WE MADE TO, TO EXPAND AND DO ANOTHER Y M C A AND A LIBRARY, AND WE HAVE BEEN REALLY BLESSED
[01:00:01]
WITH A REALLY HEALTHY SALES TAX.AND KATHY, I APPRECIATE THAT PRESENTATION.
AND SO, UM, WHILE I APPRECIATE THE CONSERVATIVENESS OF YOUR BUDGET, UM, I ALSO JUST WANT TO REMIND YOU THAT WE HAVE BEEN BLESSED AND WE HAVE BEEN FUNDED, AND IT'S THE CITIZEN'S MONEY AND WE DESERVE QUALITY OF LIFE IN THE CITY OF EDMOND BECAUSE THAT'S WHAT BRINGS PEOPLE HERE.
AND SO I, I WANT A CONSERVATIVE BUDGET, BUT AT THE SAME TIME, I WANT TO CONTINUE TO FUND GOOD PROJECTS, AND I KNOW YOU WILL.
UM, BUT I'M JUST VERY PROUD OF THE WORK THAT, THAT YOU ALL HAVE ACCOMPLISHED IN THE LAST FOUR YEARS.
AND I DON'T WANNA SEE US, I DON'T WANNA SEE US STEP BACK ON, ON, UH, QUALITY OF LIFE AND AMENITIES FOR THE CITIZENS OF THIS CITY.
ANY OTHER QUESTIONS, COMMENTS? NO, I, I THINK I MIGHT PIGGYBACK ON THAT.
I'M REALLY PROUD OF THE LIST OF PROJECTS AND I KNOW IT'S, I KNOW IT'S MASSIVE.
UM, AND WE'VE SPENT A FEW YEARS, UM, BUILDING THAT LIST, BUT I, SOMETHING THAT JUMPS OUT TO ME ON THOSE AND, AND I THINK THAT, I THINK THE FOURTH YEAR THAT I'VE BEEN ON COUNCIL, I THINK EVERY YEAR IT'S BEEN TWO OR 3% THAT WE'VE PROJECTED ON THE BUDGET.
AND SO, AND IT'S SURPRISED US.
I'M NOT SAYING THAT'S GONNA HAPPEN AGAIN.
UH, BUT WE'VE BEEN BLESSED ENOUGH FOR, FOR, FOR OUR, FOR OUR ECONOMY TO, TO SURPRISE US ON THAT.
UM, SO, BUT ANYWAY, I, IF I'VE LEARNED ANYTHING, UH, IT'S KIND OF BEEN AN, AN EVOLUTION OF FIGURING OUT THE PROJECTS THAT REALLY IMPACT OUR ECONOMY IN EDMOND.
AND, AND I'M A BELIEVER, I HAVE TWO KIDS THAT ARE IN SPORTS AND ACTIVITIES AND, UH, FAMILY FRIENDS AND, UH, THAT DO THE SAME THING.
AND, AND, AND I JUST GROW MORE AND MORE BELIEVING THAT OUR ECONOMY IS, IS BASED SO MUCH IN EDMOND ON ACTIVITY, UH, TOURNAMENTS, SPORTS, UM, GOING TO THE LIBRARY AND THE Y M C A AND DROPPING OFF AND, AND GETTING SOMETHING TO EAT REAL QUICK.
AND IN OUR RESTAURANTS, WE'VE SEEN INCREDIBLE RESTAURANT GROWTH, UH, IN EDMOND, AND WE'VE SEEN THAT, WE'VE SEEN THE RETURN, NOT THAT WE'RE DOING IT, BUT WE'VE SEEN THE RETURN IN OUR, IN OUR ECONOMY BECAUSE OF THAT.
AND SO I, UM, UNDERSTAND THE NEED FOR INFRASTRUCTURE AND, AND ROADS, BUT IF, IN MY OPINION, IF WE DON'T CONTINUE TO INVEST IN THE PROJECTS THAT SUPPORT ACTIVITY IN EDMOND HEALTHY, FUN, UM, GOOD ACTIVITY FOR OUR FAMILIES AND KIDS, UM, I THINK, I THINK THE SPIGOT TURNS OFF FOR THE INFRASTRUCTURE AND ROAD PROJECTS THAT WE HAVE TO FUND AT THE SAME TIME.
AND SO THAT'S THE BALANCE FOR ME IS NOT BEING ASHAMED TO PICK OUT THE PROJECTS THAT SAY THIS IS REALLY, THESE ARE REALLY IMPORTANT TO OUR ECONOMY.
UM, BECAUSE IT'S WHAT KEEPS PEOPLE ACTIVE IN WHAT'S GET, WHEN, WHAT GETS PEOPLE OUT AND ABOUT.
AND IT KEEPS US GROWING, RIGHT? RIGHT.
WE'RE GONNA CHANGE, WE'RE GONNA SEE SIGNIFICANT CHANGE.
I I'M SURE NOBODY HAS SURPRISED, UH, AT THE CONSTRUCTION DOWNTOWN.
UM, IT'S PRETTY INCREDIBLE WHAT'S GOING ON DOWN THERE RIGHT NOW.
UH, AND THAT'S GONNA BE A BIG CHANGE TO OUR ECONOMY AND TO WHAT'S GOING ON IN THIS CITY.
WE'RE GETTING READY TO MOVE A LOT OF PEOPLE INTO EDMOND, UM, TO FILL UP PROBABLY 600 UNITS GUYS, UM, OVER THE NEXT FOUR YEARS.
AND, UH, SO I AGREE, WE'RE GONNA HAVE TO BE FLEXIBLE AND THE NEXT COUNCIL IS GONNA HAVE SOME DECISIONS TO MAKE ON, ON HOW TO KEEP UP WITH THAT.
WELL, THAT'S ONE THING WE'VE ALWAYS DONE WITH THIS STRATEGIC PLAN HERE.
WHAT'S MISSING OUT OF THIS PLAN IS ALL OF THE PROJECTS THAT HAVE DROPPED OFF, COMPLETED, COMPLETED, 'EM, I MEAN THAT BIG MASTER LIST.
AND UH, MAYBE THAT'S WHAT'S SOMETHING WE, I DON'T KNOW IF WE HAVE THAT DESIGNED OR NOT.
MAYBE WE JUST NEED TO HAVE THAT BIG MASTER LIST FOR THE PAST DECADE PLUS OF, OF ALL THE DECISIONS THAT WERE MADE ON STRATEGIC PLAN AND ALL THE PROJECTS THAT HAVE BEEN COMPLETED THAT CREATED THIS ENVIRONMENT THAT WE'RE IN TODAY.
THAT'S WHERE IT SHOWS UP, IS ON YOUR SALES TAX AND YOUR GROWTH.
BUT WHEN YOU LOOK AT THIS DOCUMENT BY ITSELF, IT'S JUST LIKE, OH, YOU HAVE THESE PROJECTS HERE.
IT DOESN'T SHOW, THIS IS STRATEGIC PLAN 2023 DOESN'T SHOW THE RESULTS OF STRATEGIC PLAN 2021, BUT WE DO SEE IT LIKE IN OUR, IN OUR SALES
[01:05:01]
TAX AND ALL THAT.BUT THAT'S, YOU KNOW, HOW TO COMMUNICATE THAT TO THE UPCOMING COUNCIL AND THE, THE CITIZENS THAT HAVE LIVED HERE AND ARE MOVING HERE THAT THE VARIOUS COUNCILS THAT HAVE SAT UP HERE HAVE MADE A LOT OF TOUGH DECISIONS, GOOD DECISIONS MM-HMM.
WELL, IN THE QUALITY OF LIFE, THE PARKS, THE TRAILS, UM, NO, NOBODY SPENDS ANY MONEY TO GO ON THE TRAILS.
UM, HOWEVER, THEY'RE COMING FROM OTHER TOWNS AND CITIES AND STATES TO COME AND FOR OUR TRAILS, FOR OUR PARKS, FOR OUR LAKE, UM, JUST THE PLACE THAT I WORK OUT, HE HAD EVERY PERSON THAT WORKS OUT THERE FILL OUT A SURVEY FOR LAKE ARCADIA BECAUSE THEY HIKE, THEY HIKE A LOT, THEY GO DO THINGS, AND THEY ARE, THEY'RE FROM JUST RIGHT ON THE OUTSKIRTS OF EDMOND.
BUT EVEN EV PEOPLE THAT GO THERE ARE FROM ALL OVER OKLAHOMA CITY AND EDMOND, HOWEVER, THEY COME TO ARCADIA, THEY GET GAS HERE, THEY SPEND, THEY BUY FOOD HERE.
THEY STOP AT THE RESTAURANTS AND THEY ENJOY A CITY.
SO SOME PEOPLE MAY THINK IT'S AN EXORBITANT AMOUNT TO PUT ON TRAILS OR, OR WHAT WE WANNA DO AT ARCADIA.
EVERY, YOU KNOW, I'VE HEARD SOME PEOPLE SAY IT'S FINE, AND OTHERS SAYING, WE'RE SO EXCITED ABOUT THE THINGS THAT CAN HAPPEN OUT THERE.
AND I KNOW IT'S MONEY THAT HASN'T BEEN FUNDING THAT HASN'T BEEN FOUND YET, BUT THIS QUALITY OF LIFE THING IS IMPORTANT.
IT, IT, IT'S NOT ONLY IMPORTANT TO THE CITIZENS OF EDMOND, BUT IT BRINGS VISITORS IN HERE TO ENJOY THE QUALITY OF LIFE.
AND THEY, THEY SPEND THEIR MONEY HERE.
IT MAKES 'EM, MAKES THEM HAPPY TO DO IT.
BECAUSE IT'S, IT'S, UH, WHATEVER THEY'RE DOING, IT'S AN EXPERIENCE.
WHETHER THEY'RE GOING DOWNTOWN FOR HURT ON HERD OR VIBES MM-HMM.
I CAN'T WAIT TO GET THAT RESTAURANT OUT THERE.
I CAN'T WAIT TO GET SO MANY THINGS HAPPENING OUT THERE.
AND, UM, I JUST, I THINK IT'S GONNA BE GREAT FOR THIS CITY.
SO WE DO HAVE A FEW MINUTES LEFT.
OPEN IT UP IF ANY OF THE CITIZENS THAT ARE IN THE ROOM TODAY, DO THEY WANT TO HAVE ANY COMMENT? I SEE NO ONE MOVING.
SO COUNSEL, YOU READY TO ADJOURN? MM-HMM.
APPRECIATE ALL OF THE DIALOGUE THAT WE HAD TODAY THAT WE'RE GONNA HAVE IN THE FUTURE AS WE GO THROUGH THIS PROCESS THIS YEAR.
I'M GONNA SAY THIS WORKSHOP IS OVER.