Finance Committee Agenda and Packet 2015 03 16

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City Council Finance Committee Meeting Minutes 02/16/15 Page 3 of 3 Council Member Stolzmann requested staff to incorporate existing revenue coverage percentages into the new Revenue Policy. Finance Director Watson stated that these policies will represent higher level standards, and that statements of procedure or operations and definitions for other terms could be developed. Mayor Muckle suggested the Financial Policies be reviewed by the full City Council during an upcoming Study Session. He requested that staff highlight, or summarize the new and /or changing components for each policy presented. The draft and the corresponding narrative can be located in the packet of the February 16, 2015 Finance Committee Meeting. CASH & INVESTMENTS REPORT AS OF JANUARY 31, 2015 The Finance Director presented the monthly investment reports for the period ended January 31, 2015. The reports and the corresponding narrative can be located in the packet of the February 16, 2015 Finance Committee Meeting. LIST OF BILLS A list of the bills scheduled for Council approval on February 17, 2015 can be located in the packet of the February 16, 2015 Finance Committee Meeting. DISCUSSION ITEMS FOR THE NEXT MEETING & MEETING SCHEDULE The next Finance Committee Meeting is scheduled for Monday, March 16, 2015 at 7:30 a.m. Discussion items currently scheduled for a future meeting are: • Sales Tax Reports for the Period Ended January 31, 2015. • Cash & Investment Report as of February 28, 2015. • List of Bills ADJOURN The meeting was adjourned at 8:34 a.m.