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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET 2 <br /> PROJECT TITLE: <br /> Structural Deficit Advisory 1/29/14 Briefing COUNCIL BILL# <br /> Team Briefing Proposed Action Originating Department Administration <br /> Consent Contact Person Debra Bryant <br /> Action Phone Number 425-257-8608 <br /> First Reading FOR AGENDA OF 1/29/14 <br /> Second Reading <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> N/A Council Briefing— None <br /> 12/4/13 <br /> Amount Budgeted -0- <br /> Expenditure Required -0- Account Number(s): <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> The Structural Deficit Advisory Team(SDAT),under the Mayor's establishment,began its work in mid- <br /> November 2013. SDAT initially spent time to organize the approach and process it is using to assess <br /> potential courses of action related to the general fund's present and forecasted future structural deficit.At the <br /> City Council's December 4,2013 meeting, SDAT chair Paul Kaftanski summarized, in part,the team's <br /> mission and preliminary work process. SDAT's objective is to deliver a report to Administration and City <br /> Council by the end of March 2014 regarding its analysis and findings for consideration by the City's <br /> legislative and executive branches of government. <br /> For this briefing,the SDAT Chair will discuss the initial review and preliminary observations of the more <br /> than 460 submitted ideas, share several key insights regarding how other municipalities in the state have <br /> moved forward to address their structural deficit challenges and outline the work to be accomplished during <br /> the next several weeks. <br /> RECOMMENDATION(Exact action requested of Council): <br /> 1 <br />