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The San Ramon City Council is poised to formally recognize Aug. 31 as International Overdose Awareness Day as the main item of public business and discussion at its upcoming regular meeting.
April Rovero, executive director of the National Coalition Against Prescription Drug Abuse, and a San Ramon resident who lost her son to opioid overdose, is set to receive the proclamation from the city.
That’s the only action item listed on the agenda for this week’s council meeting, with all other items listed under the consent calendar.
Among the consent items – matters of routine business generally voted on in a mass motion – are the city’s quarterly investment report, budget and actual adjustments for the previous fiscal year, and a resolution authorizing funding for the replacement of five police patrol vehicles.
As of June 30, the city’s cash and investment portfolio stood at over $135.5 million. Of that, $5 million was held in demand deposit accounts for daily operations, with the $109.5 million of the remaining sum held in investments by Meeder Public Funds, $15.7 million invested with the state treasurer’s office, $3 million in a Money Market account, and $2.4 million held by trustees.
The latest quarter had yielded a 3.89% as of June 30, according to the report prepared by Meeder Public Funds.
As a separate consent calendar item, the council is poised to extend its contract with Meeder through next year for a cost of $30,000, which has been accounted for in the current fiscal year’s budget.
With city staff preparing to finalize actuals for the previous fiscal year that ended June 30, the council is poised to pass a resolution authorizing a number of budget adjustments that consist of transfers between funds.
“These entries 1) will result in an increase in the General Fund fund balance by moving resources used in prior years back to the fund balance, 2) will correct funding allocations for capital projects, and 3) will help to establish more accurate accounting and budgeting practices going forward,” finance director Jennifer Wakeman wrote in a staff report.
The council is also poised to authorize $295,118 from the vehicle replacement fund allocated for the purchase of five new Ford Police Interceptor patrol vehicles.
The San Ramon City Council is set to meet at 6:30 p.m. Tuesday (Aug. 25). The agenda is available here.
In other business, the council held a closed session meeting Monday afternoon to discuss next steps on a grievance from SEIU and the San Ramon Police Officers Association regarding retirement contributions.
