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City Council Finance Committee <br />Meeting Minutes <br />07/15/14 <br />Page 3 of 4 <br />The reports and the corresponding narrative can be located in the packet of the <br />July 15, 2014 Finance Committee Meeting. <br />FINANCIAL STATEMENTS FOR PERIOD ENDING JUNE 30, 2014 <br />Accounting Manager, Graham Clark presented the fund balance statements to <br />the Finance Committee for the first six months of 2014. <br />Manager Clark reviewed with the Committee the status of the FEMA claims and <br />reimbursements expected by the City in the coming months. <br />The reports and the corresponding narrative can be located in the packet of the <br />July 15, 2014 Finance Committee Meeting. <br />CASH & INVESTMENTS REPORT AS OF JUNE 30, 2014 <br />The Finance Director presented the monthly investment reports for the period <br />ended June 30, 2014. <br />Director Watson noted the more liquid position of City investments necessary to <br />finance City projects and construction through the Summer and Fall months. <br />The reports and the corresponding narrative can be located in the packet of the <br />July 15, 2014 Finance Committee Meeting. <br />LIST OF BILLS <br />Finance Committee Member Stolzmann requested staff research any discounts <br />or reward programs available to the City by its large vendors, such as HACH, <br />Home Depot and Lowe's. City Manager Fleming noted that Public Works staff <br />has secured preferred pricing from HACH, Fastenal, and several other <br />companies through what is called a "GSA" (Government Service Agreement). <br />Director Watson indicated staff will investigate these opportunities for these and <br />other vendors, and report back to Members at a future Finance Committee <br />meeting. <br />A list of the bills scheduled for Council approval on July 15, 2014 can be located <br />in the packet of the July 15, 2014 Finance Committee Meeting. <br />DISCUSSION ITEMS FOR THE NEXT MEETING & MEETING SCHEDULE <br />The next Finance Committee Meeting is scheduled for Monday, August 18, <br />2014 at 7:30 a.m. Discussion items currently scheduled for a future meeting are: <br />• Eide Bailly Presentation of 2013 CAFR <br />