Meeting Time: December 01, 2015 at 6:00pm PST
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Agenda Item

15. CON 15-0060 Joint Funding Agreement Between the Cities of Manhattan Beach, Gardena and Hawthorne to Provide Advanced Funding to the South Bay Regional Public Communications Authority (RCC) for a Department of Homeland Security, Urban Areas Security Initiative (UASI) Reimbursable Grant for Construction of Interagency Communications Interoperability Systems; Temporary Use of a Portion of General Fund Reserves (Finance Director Moe). APPROVE; APPROPRIATE

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    Gary Osterhout over 8 years ago

    It is interesting that our reserves are seemingly inviolate and untouchable, until they are not. Not that I disagree with this proposal, because it is great to see our reserves finally be used for our benefit. Given the recent thaw in reserve utilization, we should question the financial policy reserve orthodoxy further (in respect, of course, to funding our unfunded "amenities"). Also, seems we are spending lot in RCC-related communications lately. The RCC was supposed to be a cost-saver.