Questions posed by Councilperson Mota:
1. Police Pension / DROP Liability
• Updated actuarial report and analysis related to the Police Pension Fund and DROP obligations (received).
• Current funding status, projected liabilities, and anticipated long-term financial impacts on the City budget.
2. Financial Impact of Pending Capital Projects
o List of major pending and planned capital projects, including the new Public Safety Building, Central Fire/Life Center, and Parks and Recreation facility projects
o Estimated project costs, financing structures, debt obligations, and projected impacts on taxpayers over the life of the financing - how would the projected anticipated tax increase dovetail with that contained in the city's five-year plan.
3. Stormwater Fee Financial Risk Assessment
• Review of potential financial impacts associated with the recent Pennsylvania Supreme Court decision regarding stormwater fees.
• Assessment of risks for the current budget year, upcoming budget cycles, and any retroactive exposure related to prior years.
• Analysis of potential impacts to City revenues, operations, and capital planning.