November 8, 2010

1. November 8, 2010

2. EXAMINE BUDGET PRIORITIES!

3. AUDIT FINDINGS • “Very Good” Financial Condition • “Higher than Average” Fund Balance • Unrestricted Fund Balances in ISFs • No Unfunded Post-Retirement Health Insurance Liabilities • Unreserved, Undesignated Fund Balances

4. Facilities Maintenance Worker 2nd LOWEST compensation out of 4 cities Groundskeeper LOWEST compensation out of 5 cities Police Records Specialist LOWEST compensation out of 4 cities Printer LOWEST compensation out of 3 cities City of Ventura Compensation Rankings Equipment Mechanic LOWESTof 6 Cities Facilities Maintenance Worker 2nd LOWESTof 4 cities Groundskeeper LOWEST of 5 cities Laboratory Technician LOWEST of 7 cities and districts Maintenance Worker 2nd LOWESTof 6 cities Plant Operator 2nd LOWESTof 8 cities and districts Tree Maintenance Worker LOWEST of 5 cities Public Safety Dispatcher LOWEST of 4 cities PC Support Specialist LOWEST of 5 cities Police Records Specialist LOWEST of 4 cities Printer LOWEST of 3 cities Management Assistant LOWESTof 6 cities Sr. Accounting Assistant LOWEST of 6 cities Sr. Building Inspector LOWEST of 5 cities Sr. Engineering Technician LOWEST of 6 cities OVERALLLOWEST of all cities studied

5. CITY OF VENTURA COMPENSATION POLICY OBJECTIVE “to compensate employees at rates generally consistent (WORDS): with the middle of the labor market as measured by the average of the combination of the median and the mean.” REALITY 11.9 – 12.8% BELOW Average (ACTIONS): With proposed pay cuts: 15.8 – 16.7% BELOW Average LOWEST PAID MUNICIPAL WORKERS IN VENTURA COUNTY REGION

6. IMPACT OF CITY’S PROPOSAL Groundskeeper ($2965/month) -3.89% Pay Cut -5.29% Health Premium Increases (Family Coverage) -9.18% Reduction in Take-Home Pay

7. Foreclosure Registry Ordinance Reduces Blight

8. Foreclosure Registry Ordinance Increases Revenues Chula Vista $1.5 million Riverside $3.5 million Los Angeles $5 million

9. Foreclosure Registry Ordinance Stabilizes Neighborhoods

10. “We are Ventura!”