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City Council Finance Committee <br />Meeting Minutes <br />09/15/14 <br />Page 2 of 2 <br />DISCUSSION OF PUBLIC SERVICE COMPANY AND COMCAST TAX <br />AUDITS <br />Staff updated the Committee on the current status of the sales, use, and <br />franchise tax audits of Public Service Company and Comcast. The Committee <br />authorized the use of administrative subpoenas to obtain the necessary audit <br />information from both Public Service Company and Comcast. The Committee <br />requested the City Manager to inform the full Council of this decision by email. <br />REVIEW OF PRELIMINARY FISCAL IMPACT MODEL <br />Carson Bise, representative of Tischler -Bise, demonstrated a preliminary version <br />of the new fiscal impact model and discussed various model assumptions and <br />methodologies with the Committee. The Committee requested another update <br />when the model is complete — projected to be at the end of November, or <br />beginning of December. <br />ADJOURN <br />The meeting was adjourned at 9:00 a.m. <br />7 <br />