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City Council Finance Committee <br />Meeting Minutes <br />01/21/14 <br />Page 4 of 5 <br />discuss other funding which may be available from residual baseball district tax <br />and more suitable for their use. <br />Council Member Stolzmann stated she would like to see the Council or Finance <br />Committee adopt a mission statement for the non - profit grants funding program <br />which would help to guide future funding. <br />Ms. Shari Edelstein suggested that the Finance Committee ask the grant <br />recipients how to best leverage any City contributions, perhaps as a condition of <br />the grant or to obtain matching fund incentives. <br />Ms. Edelstein addressed the Committee members and asked if they would be <br />interested in having her submit to them recommendations for administering the <br />non - profit grants program. The Finance Committee agreed to review her ideas <br />and comments. <br />Finance Director Watson stated that the recommendations of the Finance <br />Committee would be presented to the full Council in February and checks <br />distributed to the non - profits in March 2014. <br />The corresponding narrative can be located in the packet of the January 21, <br />2014 Finance Committee Meeting. <br />SALES TAX REPORTS FOR THE MONTH ENDED NOVEMBER 30, 2013 <br />The Tax Manager presented the monthly sales tax reports for the period ended <br />November 30, 2013. <br />The reports and the corresponding narrative can be located in the packet of the <br />January 21, 2014 Finance Committee Meeting. <br />FINANCIAL STATEMENTS FOR THE MONTH ENDED DECEMBER 31, 2013 — <br />PRELIMINARY BUDGETARY BASIS <br />The Accounting Manager presented very preliminary monthly financial <br />statements for the period ended December 31, 2013. <br />Council Member Stolzmann discussed the possibility of shortening the loan <br />payback from the Historic Preservation Fund to the General Fund. <br />The reports and the corresponding narrative can be located in the packet of the <br />January 21, 2014 Finance Committee Meeting. <br />CASH & INVESTMENTS REPORT AS OF DECEMBER 31, 2013 <br />5 <br />