Laserfiche WebLink
City Council Finance Committee <br />Meeting Minutes <br />01/21/14 <br />Page 5 of 5 <br />The Finance Director presented the monthly investment reports for the period <br />ended December 31, 2013. Director Watson stated that the weighted average <br />rate of return on all cash and investments for 2013 was 0.444 %. This rate will be <br />used to calculate the accrued interest on all interfund loans. <br />The reports and the corresponding narrative can be located in the packet of the <br />January 21, 2014 Finance Committee Meeting. <br />LIST OF BILLS <br />A list of the bills scheduled for Council approval on January 21, 2014 can be <br />located in the packet of the January 21, 2014 Finance Committee Meeting. <br />Council Member Keany requested additional information on the purchase of car <br />wash codes and whether the City is receiving preferred or discount pricing from <br />all City car wash operators and to coordinate the purchasing of the car wash <br />codes by all City departments. <br />DISCUSSION ITEMS FOR THE NEXT MEETING & MEETING SCHEDULE <br />The next Finance Committee Meeting is scheduled for Tuesday, February 17, <br />2014 at 7:30 a.m. Discussion items currently scheduled for a future meeting are: <br />• Sales Tax Reports for the Period Ended December 31, 2013. <br />• Financial Statements for the Period Ended January 31, 2014. <br />• Cash & Investment Report as of January 31, 2014. <br />• List of Bills <br />ADJOURN <br />The meeting was adjourned at 9:07 a.m. <br />6 <br />