Laserfiche WebLink
City Council Finance Committee <br />Meeting Minutes <br />04/18/16 <br />Page 7 of 8 <br />Finance Director, Kevin Watson presented the cash and investment reports to <br />the Finance Committee for the month ended March 31, 2016. Director Watson <br />stated the large increase in cash is due to payments on the Kestral building <br />permits, the receipt of 2016 property taxes and reimbursements received related <br />to the Wastewater Treatment Plant Upgrade. <br />The reports and corresponding narrative can be located in the April 18, 2016 <br />Finance Committee Meeting. <br />LIST OF BILLS SCHEDULED FOR COUNCIL APPROVAL ON APRIL 19, 2016 <br />The Finance Committee had no questions on the bills. <br />Finance Director Watson stated that the full detail of the bills is still being <br />provided in the same format as has been done previously. Director Watson <br />stated that Committee Members had previously discussed receiving only specific <br />information, but that he and staff have not received direction as to what <br />information the Finance Committee would like to review and in what format. <br />Finance Committee Chairperson Stolzmann stated that she and Mayor Muckle <br />presented comments to the full Council, but she did not believe a consensus was <br />reached. Member Stolzmann stated that she would follow -up with Mayor Muckle <br />and advise staff of any desired changes. <br />A list of the bills scheduled for Council approval on April 19, 2016 can be located <br />in the packet of the April 18, 2016 Finance Committee Meeting. <br />DISCUSSION ITEMS FOR THE NEXT REGULAR MEETING <br />The next regular Finance Committee Meeting is scheduled for Monday, May 16, <br />2016 at 7:30 a.m. <br />Items for discussions at the next meeting: <br />o Discussion of Bills — reporting information to Finance Committee <br />o Non - Profit Grant Program <br />Member Stolzmann stated there is grants narrative with the City's <br />Code which should be reviewed and included in the discussion. <br />o Financial Statements for the Month Ended April 30, 2016 <br />o Sales Tax Report for the Month Ended March 31, 2016 <br />o Cash & Investment Report as of April 30, 2016 <br />o List of Bills <br />Member Maloney requested an additional review of the Fiscal Impact Model and <br />a discussion on assumptions and indicators used. <br />8 <br />