Adopt 4 financial policies governing cash reserves, retirement benefits, and housing authority agreement

adopt a resolution approving a Cash Reserve Policy which has a floor of 17 percent to 22 percent

adopt a resolution making the specific number for the Cash Reserve Policy 21 percent

adopt the resolution recommended by staff regarding the Pension Funding Policy

adopt a resolution approving contributions of 10 percent of each year-end operating surplus in the General Fund in excess of City's Cash Reserve Policy into the 115 trust and also to direct staff to present to council a comparison analysis of the benefits of paying funds to CalPERS directly versus putting money in the 115 trust

adopt the resolution recommended by staff regarding the OPEB Funding Policy

direct staff to conduct analysis on what contributing the ADC minus the pay-as-you-go costs into the trusts would look like in a five-year forecast prior to approving the action and to approve contributions of 10 percent of each year end operating surplus into general fund in excess of cash reserve policy into the trusts

approve the staff recommendation regarding the cooperative agreement between the Richmond Housing Authority and the City of Richmond