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HomeMy WebLinkAboutDirecting an Agency Cost Reduction Review - Submitted by Cou City of Huntington Beach File #: 21-581 MEETING DATE: 8/3/2021 Submitted by Councilmember Posey - Directing an Agency Cost Reduction Review I recommend that the City Council vote to direct the City Manager to coordinate an agency cost reduction review. City of Huntington Beall Page 1 of t Pnnted on 7282021 m.ereW Legistar- .. }.. CITY OF HUNTINGTON BEACH CITY COUNCIL MEETING —COUNCIL MEMBER ITEMS REPORT TO: THE HONORABLE MAYOR AND CITY COUNCIL FROM: MIKE POSEY, CITY COUNCIL MEMBER DATE: AUGUST 3, 2021 SUBJECT: DIRECTING AN AGENCY COST REDUCTION REVIEW During the past several months, I've been made aware that numerous public entities have engaged the services of private firms that conduct cost-reduction reviews. These assessments typically have no up-front cost, and any fees paid are coordinated through a split of any documented savings identified. Engaging in this type of win-win public-private partnership should be explored by the City, which could further improve our already enviable fiscal position here in Huntington Beach. To that end, I am suggesting that the City Council direct that the City Manager coordinate an agency cost reduction review by identifying a qualified firm to coordinate a comprehensive no-cost assessment. RECOMMENDED ACTION I recommend that the City Council vote to direct the City Manager to coordinate an agency cost reduction review. 188