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CAMERA AWAY.UH, THE, UH, MARINE ADVISORY COMMISSION FINANCE COMMITTEE IS CALLED TO ORDER ON THURSDAY, APRIL 9TH AT 1 45 IN THE AFTERNOON.
WE ARE NOW SITTING IN THE BIXBY PARK SOCIAL HALL.
I'D LIKE TO CALL THE MEETING TO ORDER.
AND MAY I CALL FOR A ROLL CALL, PLEASE? COMMISSIONER BLAIR.
COMMISSIONER RE MAYOR, YOU HAVE A COURT.
SO, I'D LIKE TO MOVE ALONG INTO OUR REGULAR AGENDA.
THIS WOULD BE, UH, THE FIRST ITEM TO, UH, RECOMMEND TO APPROVE THE MINUTES FOR THE FINANCE COMMITTEE MEETING OF THURSDAY, APRIL, UM, THURSDAY, JANUARY 8TH, 2026.
MADAM CHAIR, I MOVE THAT WE APPROVE.
DO I HAVE A SECOND? I'LL SECOND.
THE MOTION IS CARRIED TO APPROVE THE MINUTES OF THE J YOU CAN ASK THE PUBLIC, OH, I'M SORRY.
BEFORE WE TAKE OUR VOTE, UH, WE WOULD HAVE TO HAVE PUBLIC COMMENT ON THOSE MINUTES.
ANY COMMENTS? ANYTHING? OKAY, THANK YOU.
SO, UM, I WILL, UH, MOVE THAT THE MINUTES FOR THE JANUARY 8TH, 2026 FINANCE COMMITTEE BE APPROVED.
UH, THE SECOND ITEM ON THE AGENDA IS A RECOMMENDATION TO RECEIVE AND FILE THE MARINE BUREAU QUARTERLY EXPENDITURE AND REVENUE FINANCIAL REPORT.
MADAM CHAIR, I BELIEVE THAT WE APPROVE OPEN DISCUSSION.
AND TODAY WE HAVE PORSCHE FROM THE LONG BEACH MARINE BUREAU TO GIVE US OUR QUARTERLY REPORT.
OKAY, WE ARE AT THE FISCAL YEAR 26TH, SECOND QUARTER MAX FINANCIAL COMMITTEE REPORTING.
UM, THIS IS REPORTING IS GONNA BE ON THE MARINA FUND, ALSO KNOWN AS THE 70 7700 FUND.
AND I AM FIRST GONNA GO OVER THE PACKET THAT I PUT OUT IN FRONT OF MOST OF YOU.
THE FIRST PAGE IS WHERE WE'RE GONNA FOCUS ON IT IS THE SUMMARY, BUT JUST FOR A LITTLE RAZZLE, I AM GOING TO GO OVER THE BACKUP DOCUMENTS, WHICH ARE ALL REPORTS THAT FEED THE NUMBERS ON THE SUMMARY.
AND AT THE BOTTOM RIGHT YOU'LL SEE, UH, LETTERING SYSTEM.
SO, FIRST UP IS A, WHICH IS A SUMMARY.
PAGE B IS A REPORT OF ALL OF THE MARINA REVENUE RECEIVED.
C ARE ALL THE EXPENSES THAT HAVE BEEN CHARGED TO THE MARINA FUND BY, UH, THE PARKS, REC AND MARINE DEPARTMENT.
D ARE ALL OF THIS, YOU KNOW, IT ACTUALLY INCLUDES ALL OF IT.
IT'S ALL OF THE REVENUES AND EXPENDITURES, EXPENDITURES AT A HIGH LEVEL THAT HAVE BEEN CHARGED TO FUND 7,700 E.
WE HAVE A REPORT BREAKDOWN OF DEPARTMENT 70, WHICH IS A, UH, FINANCIAL MANAGEMENT DEPARTMENT.
THAT'S WHERE, THAT'S HOW THEY HANDLE OUR, UH, BOND PAYMENTS.
SO THEY'RE THE ONLY ONES WITH ACCESS TO THAT, THOSE ACCOUNTS.
SO WE'RE GONNA START BACK AT THE FRONT ON THE SUMMARY PAGE.
GONNA GO QUICKLY OVER THE COLUMNS.
THE FIRST FEW COLUMNS ARE JUST THE FISCAL YEAR ACTUALS FOR THE LAST THREE YEARS.
IF YOU REMEMBER FROM OUR LAST MEETING, UM, THERE IS ACTUALLY TWO COLUMNS FOR FISCAL YEAR 25 SHOWING THE SPLIT AND WITHOUT THE BOND REFINANCING TRANSACTIONS.
AND ALSO, I SHOULD TAKE A MINUTE TO NOTE HERE THAT, UM, THERE IS A LITTLE DIFFERENT BOTTOM LINE BECAUSE FIVE, WE, WHILE THE DEPARTMENTS DON'T HAVE ACCESS TO YOUR ENCLO QUITE AS LONG AS FINANCIAL MANAGEMENT HAS ACCESS TO THEM.
SO AT THE LAST MINUTE, UH, FINANCIAL MANAGEMENT GAVE US $117,000 CREDIT FOR EARNED INTEREST CREDITS, WHICH IN TURN REDUCED OUR EXPENSES BY THAT AMOUNT.
SO IT REDUCED OUR EXPENSES BY 117,000.
AND IN THE END, THAT RAISED OUR DEBT SERVICE COVERAGE RATIOS.
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1.41 JUMPED TO 1.44, AND THE 1.66 JUMPED TO 1.68.UM, JUST TO NOTE, UH, THIS REPORT IS AS OF 4 7 26.
WE'RE 50% IN THE YEAR, BUT MARCH IS JUST CLOSING TODAY.
SO THERE MIGHT BE SOME LAST FINAL TRANSACTIONS, BUT, UH, WE'LL CATCH THAT IN THE NEXT MEETING.
SO WHAT WE'RE GONNA FOCUS ON TODAY ARE THE LAST COLUMNS FOR FISCAL YEAR 26.
THE FIRST COLUMN IS THE BUDGET, WHICH IS BASICALLY THE BUDGET THAT WE STARTED OUT WITH EACH LINE AT THE BEGINNING OF THE FISCAL YEAR.
YOU'LL SEE THAT THERE JUST DIDN'T REALLY CHANGE WHERE WE'RE GONNA FOCUS ON THE LAST TWO COLUMNS, WHICH IS THE YEAR TO DATE, ACTUAL, OR FISCAL YEAR 26, AND THE ETC FOR FISCAL YEAR 26, WHICH STANDS FOR ESTIMATES TO CLOSE, AND WHERE WE THINK WE'LL END UP BY THE END OF SEPTEMBER, THE END OF THIS FISCAL YEAR.
SO FROM HERE, WE'RE GONNA JUST TAKE IT FROM THE TOP LEFT GROSS REVENUES.
SO THE FISCAL YEAR 26 ACTUALS SLIP REVENUE.
WE ARE EXPECTING THAT TOTAL TO END THIS YEAR AT ABOUT 29 MILLION, $54,550.
WE HAVE RENTALS AND CONCESSIONS.
RIGHT NOW WE'VE COLLECTED $835,000.
UM, BUT A NOTE ABOUT THAT, UH, SUMMER IS A BUSY SEASON THAT'S COMING UP.
SO YOU'LL SEE THAT REVENUE JUMP.
WE'RE EXPECTING IT TO END THE FISCAL YEAR AT ABOUT $2,277,826.
AND THEN WE HAVE THE LAST LINE FOR REVENUE, WHICH IS OTHER REVENUE.
CURRENTLY WE'VE COLLECTED $1,260,649.
WE'RE EXPECTING THAT TO ETC AT $2,672,447.
CAN I ASK YOU JUST A QUESTION? YEAH.
OUR BUDGET WAS ONE EIGHT, UM, AND WE'RE GONNA BE GOING TO TWO SIX.
WHAT, HOW, HOW MUCH OTHER ARE WE GETTING? WHAT'S THE OTHER REVENUE? WHERE ARE WE, WHERE ARE WE LOOKING AT? I KNOW PROBABLY ON THE NEXT PAGE SOMEWHERE.
SO IF YOU LOOK AT B, THE TOP IS JUST THE MARINA SLIP REVENUE.
RIGHT? THE BOTTOM OF THE BREAKDOWN IS ALL THE OTHER REVENUE OKAY.
THAT WE'RE ACTUALLY RECEIVING.
AND THERE'S A PAGE TWO OF THAT THAT, YEAH, THERE'S PAGE TWO.
SO THE ACTUALS THAT WE END UP WITH, THE TOTAL GROSS REVENUE IS $16,406,364.
AND WE'RE LOOKING TO END THE YEAR AT $34,004,823, WHICH IS ROUGHLY APPROXIMATELY 3% OVER LAST YEAR'S REVENUE.
WE'RE JUST GONNA START FROM THE TOP.
THERE'S THE BUDGET, BUT THE ACTUALS FOR MAINTENANCE IS $2.9 MILLION.
SO FAR WE'RE FORECASTING, UM, $5,852,939, WHICH IS A BIT BELOW THE BUDGET.
BUT LOOKING AT THE CURRENT SPENDING VERSUS PAST SPENDING HABITS, THEY'RE THINKING THAT MIGHT BE A GOOD ESTIMATE THERE.
NEXT LINE, WE HAVE PARKS AND RECREATION OPERATIONS.
CURRENTLY, THE EXPENSES TOTAL $3,800,221 LOOKING TO END AT OR AROUND THE BUDGET.
SO THAT'S WHY IT'S $6,822,819.
NEXT LINE ARE OUR LIFEGUARDS MARINE SAFETY.
CURRENTLY THEY'RE AT $1,568,969.
UM, WE USE THE BUDGET BECAUSE WE'RE THINKING IT'S GONNA END AT ABOUT THAT $3,227,925.
AND FINALLY WE HAVE THE MARINE PATROL, WHICH IS CURRENTLY AT ABOUT $600,000.
IT'S CURRENTLY, I SHOULD BROUGHT MY RULER.
UH, JUST PUT THE ETC AT BUDGET BECAUSE THEY'RE SPENDING A LITTLE LOW, BUT JUST A LITTLE BUFFER JUST IN CASE.
SO THEY ALREADY BUDGETED FOR THE 4.3, SO JUST USE THAT.
UM, YOU THINK ABOUT IT THOUGH, I MEAN, IT'S, IF WE JUST DOUBLE THAT MM-HMM
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WE COULD BE A YEAH, HALF A MILLION TO THREE QUARTERS OF A MILLION LOWER.IF WE, IF IT GOES STRAIGHT THE WAY IT'S GOING NOW, IT'LL ONLY BE A LITTLE BIT OVER THREE.
SO YEAH, THAT, THAT WOULD BE A FANTASTIC SURPRISE.
UH, THE NEXT LINE ARE OTHER EXPENSES.
THIS ONE CURRENTLY IS AT $598,744.
THAT'S WHAT WE'VE, THE CURRENT EXPENSE ARE, BUT THE ETC, THE 3.1 MILLION, THAT INCLUDES OKAY.
YOU SEE THE NEXT LINE COUNCIL? YES, MA'AM.
FROM THE PROJECT? I'M LOOKING.
SO THAT INCLUDES THAT PROJECT, AND THEN I BACKED IT OUT ON THE NEXT LINE.
SO JUST SO IT WILL SHOW, IT'S, WE KNOW EXACTLY WHAT'S GOING ON.
AND ANOTHER THING ABOUT THAT PROJECT THAT IS THE MARINE MAINTENANCE DOCK REPLACEMENT PROJECT THAT WAS SUPPOSED TO HAPPEN FISCAL YEAR 25.
BUT PUBLIC WORKS, THEY RAN OUT OF BANDWIDTH, SO THEY COULDN'T GET THE PROJECT DONE.
SO THEY ROLLED IT OVER TO FISCAL YEAR 26.
SO HOPEFULLY IT'LL GET DONE THIS YEAR AND WE'LL BE DONE WITH THAT PART.
THAT GIVES US, UH, CURRENT TOTAL EXPENSES OF $9,688,436.
WE'RE THINKING THAT JUST GONNA CAP IT.
$22,236,140, LEAVING US WITH REVENUE TO CURRENT NET REVENUES IS $6,717,927.
BUT WE'RE HOPING TO END THE YEAR WITH NET REVENUES OF $11,768,683.
AND FROM THOSE NET REVENUES, WE'RE GOING TO PAY THE BOND DEBT SERVICE OF $7,623,963.
AND THAT WILL GIVE US A WONDERFUL DEBT SERVICE COVERAGE RATIO OF 1.54, WHICH IS WELL ABOVE OUR REQUIRED 1.25 MM-HMM
AND THE BOTTOM LINE IS NET REVENUE.
NET REVENUE AFTER DEBT SERVICE WILL BE $4,144,000.
BACK UP TO THE MARINE PATROL POLICE LINE AND EXPENSES.
SO HISTORICALLY, I'M LOOKING AT THE COLUMN, WHICH WAS FISCAL YEAR 2025 ACTUALS.
THEY'RE ACT, THEY'RE BOTH COLUMNS FOR FISCAL YEAR 2025 MM-HMM
RECORDS AT 3000433.4 MILLION FOUR, MARINE PATROL AND POLICE.
AND WE ARE LOOKING AT, UM, A FISCAL YEAR BUDGET THIS YEAR, THE ETC AS WELL AS YOUR BUDGET OF 4.3.
SO WHAT WOULD ACCOUNT FOR THE EXTRA MILLION? THAT'S LIKE A 25% INCREASE FROM ONE YEAR TO THE NEXT AND THEC YEAH, BOTH OF 'EM.
THE BUDGET LINE, THE BUDGET COLUMN, AS WELL AS THE ETC LINE.
WHY SUCH A GREAT INCREASE FROM ONE CALENDAR YEAR, ONE FISCAL YEAR TO THE NEXT? I WILL LOOK INTO THAT.
'CAUSE I DID NOTICE THAT MYSELF AND I WAS THINKING MAYBE THEY HAD A PROJECT OR SOMETHING PLANNED.
AND I'M GOING TO, DO WE KNOW ANYTHING ABOUT THAT? IT'S A CO IT'S A COUPLE THINGS.
UM, FIRST IT'S, IT'S WAGES, SALARY, AND STAFF COSTS.
BUT THE, THE SECOND HALF OF THAT IS THEY'RE, THEY'RE GETTING BACK TO A HIGHER LEVEL OF STAFFING.
SO OUR MARINE PATROL HAS BEEN DOWN STAFF, UH, FOR THE PAST SEVERAL YEARS SINCE COVID.
AND NOW, SO, UH, HIGHER STAFF WAGES COMBINED WITH THE, GETTING BACK TO THE STANDARD LEVEL OF STAFFING, MORE STAFFING COMBINES TO CREATE THAT.
SO IT'S MY UNDERSTANDING THAT ALTHOUGH THERE MAY NOT BE BLOOD BODIES RIGHT.
TO PROVIDE THE SERVICES THAT THE CITY MIGHT OTHERWISE EXPECT, THERE'S OVERTIME OFTEN OFFERED OFFICERS AND INDIVIDUALS, AND SO THE WORK IS BEING COMPLETED, BUT AT WAGES THAT REFLECT OVERTIME AND OTHER KINDS OF PREMIUM COSTS.
BUT EVEN WITH OVERTIME, UH, THE, THE NUMBERS OF BODIES THEY'VE HAD THE PAST SEVERAL YEARS, THEY HAVEN'T BEEN ABLE TO MEET THAT, THAT STANDARD OF, OF FTE FULL-TIME EQUIVALENT STAFF.
IT IS, IT IS PRETTY AMAZING WHEN YOU LOOK AT THAT.
IT'S, IT'S A MILLION, ALMOST 1,000,002, UH, IN, IN THE BUDGET YET WE'RE RIGHT LINE RIGHT NOW WITH THE ACTUALS OF MEANING THAT, YOU KNOW, I CALL
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THE THREE TWENTY TWO, UH, OR THE 3 22.INSTEAD OF THE FORM LOOKING THE MARINE PATROL AND POLICE, UH, 2025 WE'RE AT THREE, FOUR, UH, THREE, WE MOVED UP TO FOUR THREE, BUT RIGHT NOW WE'RE IN LINE FOR REALLY A THREE FOUR.
SO YOU SEE, YOU SEE THAT SEASON TWO? YEAH.
YOU'LL SEE, YOU KNOW, WE HAVE THE GRAND PRIX COMING UP, ALL OUR SPECIAL STUFF LIKE THAT.
BUT WHAT YOU'LL SEE IS IF YOU LOOK AT MARINE SAFETY LIFEGUARDS AND THE BUDGET, AND THEN YOU LOOK AT THE ACTUAL VERSUS THE ETC, UH, WE ARE NOT IN CHARGE OF THEIR EVERYDAY SPENDING OF THEIR BUDGET.
SO WE DON'T SEE WHAT THEY'RE DOING IN THEIR COST SAVINGS OR COST OVERAGES ON A DAILY, WEEKLY, MONTHLY BASIS.
SO OUR BEST SCENARIO IS TO ETC TO THEIR BUDGET ACTUAL OKAY.
BECAUSE THAT'S WHAT THEY SHOULD BE EXPANDING TO.
IF THEY, IF THEY SAVE MONEY, EXCELLENT.
I MEAN, THE MONEY'S THERE AND RIGHT.
YOU KNOW, KNOWING THAT THE BUDGET, THE BUDGET CAME OUT TODAY, I THINK THE MAYOR RELEASED IT TODAY, OR THE FINAL, YOU KNOW, THAT IT'S LIKE GONNA SAY EVERYTHING'S BAD WHEN YOU, WHEN YOU'RE, WHEN YOU'RE IN THE, IN THE RED.
UH, BUT WHERE THE DOLLARS COMING INTO FROM THE OIL PRODUCTIVE THAT WE HAVE, I MEAN, IT, IT'S, IT'S GETTING BETTER.
I MEAN, THE RED'S MORE OF AN ORANGE NOW, SO IT'S NOT REALLY
DOES THAT BE A GOOD WAY TO PUT IT? WE STILL HAVE A LONG WAY TO GO FOR FY 27.
BUT, UH, YOU KNOW, WE'VE, WE'VE PUT, UH, THINGS IN PLACE TO HELP, YOU KNOW, UH, MITIGATE SOME OF THE ISSUES IN FFY 26.
SO THAT'S WHAT, UH, PORSCHE WAS TALKING ABOUT.
OUR ETC IS LESS THAN OUR, OUR FY 2026 BUDGET.
UH, BECAUSE THEY'VE PUT IN SOME REALLY, REALLY GOOD COST SAVING MEASURES THAT WILL HELP US HELP THE REST OF THE TITLES GREAT.
UH, THROUGH THE END OF THIS YEAR.
AND I HAVE ONE LAST QUESTION RIGHT AHEAD.
SO WE END UP WITH, UM, A FISCAL YEAR 26 ETC OF OVER FOUR MIL MM-HMM
WHERE DOES THAT MONEY GO? THAT'S OUR RESERVES, RIGHT?
THAT GOES INTO OUR CAPITAL RESERVE FUND.
UH, IT'S ACTUALLY, UH, CALLED BFA.
IT'S, UH, BUDGET FUNDS AVAILABLE, AVAILABLE AND, UH, THAT IS UTILIZED EACH YEAR TO CREATE ENHANCEMENTS WORK, UH, YOU KNOW, THROUGH THE CITY, UH, BEAR PROCESS, WHICH IS BUDGET ENHANCEMENT AND REDUCTION PROCESS.
THE CITY DECIDES HOW TO USE THOSE BFAS, UH, NOT JUST IN THE S BUT ALL ACROSS THE CITY.
OUR BFA CAN ONLY BE USED IN THE S THAT'S YOU, YOU, YOU.
THANK YOU FOR POINTING THAT OUT BECAUSE WHEN YOU SAID IT GOES TO ALL THE CITY, WE, WE, WE, YEAH, THAT'S, I I JUST WANTED TO SAY THAT, THAT THE CITY USES THE SAME PROCESS TO APPLY AND ALLOCATE IT THROUGHOUT THE CITY, BUT OUR BFA FUNDS, OUR NET REVENUES CAN ONLY BE USED IN THE TIDELANDS.
AND THEN REMEMBER OUR BOND, UH, 2015 BOND REIT FINANCE, WHICH BECAME THE 2025 MARINA BOND SERIES THAT, UH, REMOVED THE BOND COVENANT THAT IT CAN ONLY BE SPENT ON THE MARINA FUND.
SO NOW THOSE FUNDS ARE APPLICABLE THROUGHOUT THE ENTIRE TITLES FUND.
AND, AND BFA STANDS FOR ONE MORE TIME.
ARE THERE ANY QUESTIONS FROM THE PUBLIC? I JUST HAD A COMMENT ON THE MARINE PATROL.
I WAS GOING TO ASK ABOUT THAT BECAUSE, UM, WE'VE BEEN PROMISED THE, UH, YOU KNOW, WITH THE NEW ACADEMY AND EVERYTHING ELSE, THERE WOULD BE A LOT MORE OFFICERS AVAILABLE.
AND SO I WAS REALLY WONDERING WHY IT WASN'T GONNA BE HIGHER BY THE END OF THE YEAR.
SINCE THERE'S, UH, AGAIN, THEY'VE TALKED ABOUT A LOT MORE NEW STAFF.
I DON'T KNOW IF IT'S ALL RELATED TO, IT'S NOT ALL RELATED JUST TO MARINE PATROL, BUT TO THE CITY AS A WHOLE STAFFING IN LONG BEACH POLICE DEPARTMENT.
SO I ACTUALLY THOUGHT IT WOULD BE MUCH MORE, WE'RE UP ABOUT 233 OFFICERS RIGHT NOW, UH, JUST THROUGH OTHER KNOWLEDGES THAT I HAVE IN THE CITY.
WE HAVE A HUNDRED PEOPLE RIGHT NOW.
I DON'T KNOW HOW MANY ARE GONNA MAKE IT THROUGH THIS ACADEMY.
REMEMBER, THERE'S ALWAYS A RATIO OF PEOPLE THAT DON'T MAKE IT IN THE ACADEMY.
UM, SO I MEAN, THAT'S, THOSE ARE ALL LONG TERM THINGS.
UH, IT'S, IT'S NOT, YOU CAN'T LOOK AT US AS HOW COME WE DON'T HAVE THE OFFICERS ON THE,
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ON THE, ON THE, ON THE PATROL RIGHT NOW? 'CAUSE LORD KNOWS WE'VE BEEN WATCHING ALL THE VIDEOS OUT THERE THAT, YOU KNOW, PEOPLE GETTING BEAT UP, PEOPLE GET THIS AND THAT.UM, AND I THINK THAT'S WHAT WE HAVE TO LOOK AT IS, IS THE LONG TERM EXPECTATIONS THAT THE CITY AND THE POLICE DEPARTMENT AND THE MARINE PATROL.
WELL, AND THAT'S WHY I WAS LOOKING TO THE TOTAL HERE.
'CAUSE THAT'S, I MEAN, I, I WOULD THINK THAT WE WOULD HAVE AT LEAST ONE OR TWO MORE OFFICERS THIS YEAR WOULD'VE MADE IT THROUGH.
SO COMMISSION, UH, FIRST GOTTA LET YOU, OH, IT'S GOTTA STAY ON FINANCE.
FIRST, FIRST THING IS, IS, UH, WE HAVE TO MAKE A DISTINCTION BETWEEN SWORN POLICE OFFICERS THAT THERE ARE A HUNDRED PEOPLE APPROXIMATE ABOUT 98 GOING THROUGH AN ACADEMY RIGHT NOW.
AND SPECIAL SERVICES OFFICERS, WHICH ARE OUR MARINE PATROL, UH, THEY ARE NOT SWORN POLICE OFFICERS.
THEY ARE OUR SPECIAL SERVICES OFFICERS THAT REPORT TO THE LONG BEACH POLICE DEPARTMENT.
SO WHEN YOU SEE 98 PEOPLE GO TO THE POLICE ACADEMY, A LOT OF THOSE ARE SPECIAL SERVICES OFFICERS THAT HAVE BEEN TRYING TO GET IN.
WE, WE LOVE TO SEE THAT PROMOTION.
BUT IT ALSO, IT, IT, IT CREATES A VACANCY IN OUR SPECIAL SERVICES OFFICER GROUPS.
SO, YES, I THINK WE'LL WAIT FOR THE MARINE ADVISORY COMMISSION AFTER THIS MEETING.
UH, THE MARINE PATROL WILL BE HERE, UH, TO GIVE AN UPDATE AND YOU CAN ASK 'EM, UH, ASK THEM ABOUT THEIR, THEIR, UH, HIRING.
THEY ARE ONBOARDING SEVERAL NEW OFFICERS RIGHT NOW.
SO THE NUMBERS ARE STARTING TO GET BACK UP.
IT'S JUST, IT, IT, IT FLUCTUATES DUE TO THE HIRING OF POLICE OFFICERS.
UM, ARE THERE ANY OTHER QUESTIONS FROM, OR COMMENTS FROM THE PUBLIC? SEEING NONE, I WOULD, UM, NOW MAKE, UM, A MOTION TO APPROVE THE RECOMMENDATION TO RECEIVE AND FILE THE MARINE BUREAU QUARTERLY EXPENDITURE AND REVENUE FINANCIAL REPORT.
UH, MOVING ON TO THE NEXT ITEM ON OUR AGENDA, WHICH IS PUBLIC COMMENT.
POOR, UH, THIS IS AN OPPORTUNITY TO ADDRESS THE MARINE ADVISORY COMMISSION FINANCE COMMITTEE ON NON AGENDA ITEMS. EACH SPEAKER IS LIMITED TO THREE MINUTES TO MAKE THEIR COMMENTS UNLESS EXTENDED BY THE CHAIR.
ARE THERE ANY COMMENTS FROM THE PUBLIC? THANK YOU.
I JUST PLEASE IDENTIFY YOURSELF.
OH, JOAN LANGO WITH THE LONG BEACH MARINE EXECUTIVE VICE PRESIDENT OF THE LONG BEACH MARINA BOAT OWNERS ASSOCIATION.
UM, SINCE THE IMPLEMENTATION OF THE NEW 2025 BOND, I JUST WONDERED HOW MUCH OF THE MONIES THAT THERE WAS A TOTAL OR A BREAKDOWN THAT YOU COULD GIVE US OF THE MONIES THAT WERE RAISED BECAUSE OF THAT BOND THAT WERE ALLOWED TO FLOAT THROUGH TWO LARGER TIDELANDS.
HOW MUCH, HOW BIG IS THAT BUCKET OF MONEY AND WHAT IS IT COVERING? AS YOU KNOW, WE CAN'T NECESSARILY RESPOND.
SO YOU'RE MAKING A COMMENT TO THE PUBLIC.
AND, UM, CERTAINLY ASKING FOR SOME TRANSPARENCY.
YES, CERTAINLY ON THAT, WHICH WE'VE GOTTEN A LITTLE, YOU KNOW, FROM THE TIDELANDS WHEN WE GO TO THE TIDELANDS THINGS.
SO THERE'S A GENERAL UNDERSTANDING.
I JUST WAS ASKING FOR SOME TRANSPARENCY AND SOME RULES.
THANK YOU FOR YOUR COMMENTS,
UM, AND NOW, UH, ARE THERE ANY, AND, AND NOW I'M GONNA BRING IT BACK, UH, BEHIND THE RAIL, SO TO SPEAK.
I'M, UH, GONNA CALL ON MY FELLOW COMMISSIONERS FOR ANY ANNOUNCEMENTS.
UM, AND I WOULD LIKE TO TAKE AN OPPORTUNITY TO THANK THE BOAT OWNERS ASSOCIATION, UH, WHICH, AND JOAN, UH, FOR THEIR EFFORTS TO HOLD THE RECENT, UM, OLYMPICS INFORMATION MEETING THAT TOOK PLACE AT THE SEAL BEACH YACHT CLUB TO HELP THE YACHT CLUB MEMBERS AND MEMBERS OF THE, UH, PUBLIC, UH, BETTER UNDERSTAND THE CITY'S PLANNING FOR THE OLYMPICS.
I THOUGHT IT WAS A WONDERFUL OPPORTUNITY FOR OUTREACH AND A REAL INTERESTING, UH, AND INFORMATIVE WAY OF SHARING THIS INFORMATION WITH THE PUBLIC AS WE'RE MOVING ALONG.
WELL, AND JUST TO CLARIFY, I MEAN, THAT WAS FOR THE LEADERSHIP.
THAT WAS NOT FOR THE GENERAL PUBLIC BECAUSE WE WANTED TO GET, SO THERE WERE LEADERS FROM, FROM ROWING, FROM, UM, BICYCLING, FROM ALL, A LOT.
FROM, FROM THE PERSPECTIVE OF SOMEONE WHO SIMPLY ATTENDED, THEY WERE MEMBERS
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OF THE PUBLIC IN THAT DELIVERY IN WE WERE GOING PARTICIPATED LEADERS BECAUSE TO SPREAD THE WORD TO GET, TO GET THE, UM, YOU KNOW, WHAT YOU NEED TO DO FROM YOUR STANDPOINT, YOUR LEADERSHIP STANDPOINT.WELL, AND I THOUGHT IT WAS, THANK YOU.
AN AMAZING MEETING AND VERY IMPORTANT, VERY HELPFUL.
AND AS A FOLLOW UP, WE'VE SENT ALL OF, UM, SEAN'S, UM, DATA.
UH, THE PRESENTATION TO EVERYONE WHO ATTENDED.
SO THEY ALL KNOW HOW TO DO, HOW TO SUBMIT THEIR FOR REPORT, FOR THEIR EVENTS AND EVERYTHING ELSE.
AND HOW TO VOLUNTEER, WHICH WAS ANOTHER PART, HOW TO VOLUNTEER.
UM, SO THAT'S MY ANNOUNCEMENT AND, UM, SEEING NO OTHER ANNOUNCEMENT OR, OR REQUEST FOR AN ANNOUNCEMENT, I WILL CALL FOR THE MEETING TO BE ADJOURNED AT, UM, TWO 10.