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5. Deposit $11,946,740 ($10,531,020 General Fund and $1,415,720 Non -General <br />Fund) into the Section 115 Pension Trust Fund as part of the City's Pension <br />Debt Strategy. <br />MINUTES: Finance and Management Services Director Kathryn Downs provided a <br />presentation regarding the Fiscal Year 2024-25 Budget and announced one minor <br />correction to the detailed proposed budget document on pages 183 and 184. She <br />stated the police department's staffing table was not updated to reflect the proposed <br />budget however the budget dollars in the proposed document and the proposed <br />budget ordinance are correct and the final budget document would reflect the <br />correct staffing table. <br />Councilmember Hernandez asked for clarification regarding the feasibility starts at <br />Washington Square, arts and seniors, requested an increase in arts funding and <br />strengthening the partnership with Bowers Museum, and spoke regarding the <br />disbursement of funds received from cannabis. <br />Director Downs provided clarification. <br />Councilmember Bacerra spoke regarding growing revenue, completed projects, <br />Bowers Museum, and the downtown parking and payment structure. <br />Director Downs provided clarification <br />Councilmember Lopez asked for clarification regarding arts funding, abolishment of <br />MET, the Police Department's budget increase, and the event budget. <br />Community Development Director Michael Garcia provided clarification. <br />Director Downs provided clarification and spoke regarding the increased Police <br />Department and events budgets. <br />Councilmember Vazquez spoke in support of an additional 1 hour free parking in the <br />downtown. <br />Discussion ensued regarding downtown parking and payment structure. <br />Councilmember Penaloza asked for clarification regarding the Bristol Street Rehab <br />and camp operations for new expenses, spoke in support of free parking on <br />Sundays and Art Walk day, and removing funding from the ACC-OC membership. <br />Public Works Director Nabil Saba spoke regarding the Bristol Street Rehab project. <br />Parks, Recreation, and Community Services Director Hawk Scott spoke regarding <br />camp operations. <br />CITY COUNCIL 19 JUNE 4, 2024 <br />City Council 3 — 19 6/18/2024 <br />