Citing city budget policy, staff claims "unanticipated revenues" are "dedicated to long-term liabilities and replenishing reserve and internal service funds to established targets. " How could they have not anticipated these revenues, having acknowledged other effects of the sudden population influx? And since the city has admitted to deferring street maintenance for years because of a shortage of funds, shouldn't they replenish the street fund?
Staff instead suggests uses for these funds that are not covered by the above policy: $1,405,000 to guarantee airline service, $350,000 toward the city's Community Choice Aggregation scheme, $100,000 to remove the BMX track from the fairgrounds to accommodate homeless services, $30,000 for questionable district maps, $250,000 for a "remodel" of Fire Station 1, and $515,000 for the "Homeless Solutions Project".
Putting $400,000 toward the long-term pension liability may fit policy, but I find it questionable - staff already transfers millions a year into that fund from other funds that remain in the red.