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City Council Finance Committee <br />Meeting Minutes <br />12/19/16 <br />Page 2 of 3 <br />FISCAL IMPACT MODEL <br />Planning Director Rob Zuccaro gave an overview of the Fiscal Impact Model's <br />density and land use assumptions pertaining to the McCaslin Small Area Plan. <br />Director Zuccaro ran alternative scenarios based on the Committee's suggested <br />changes. <br />The Committee requested that Director Zuccaro come back to the next meeting <br />with the model's fiscal impact calculations of the current land use within the <br />McCaslin Small Area Plan boundaries. This will allow the Committee to perform <br />reasonableness checks and gain confidence in the model's revenue calculations. <br />ENTERPRISE DASHBOARDS <br />Finance Director Kevin Watson presented some graphics underlying the <br />Revenue Trend Dashboards as a possible starting point for developing enterprise <br />dashboards. <br />The Committee requested that these be amended and supplemented by other <br />graphics, which will result in a comprehensive dashboard that will demonstrate <br />whether the enterprise is being successfully operated. For this purpose, the <br />Committee defined "enterprise" as the Utility Funds, the Golf Course Fund, and <br />the Recreation Center operations. The Committee requested that the <br />dashboards be presented monthly. Once the content and format of the <br />dashboards are set, the Committee believes that the a quarterly presentation is <br />sufficient. <br />The graphics presented can be located in the packet of the December 19, 2016 <br />Finance Committee Meeting. <br />WORK PLAN REVIEW <br />The Committee reviewed the 2016 Work Plan and noted the tasks that were <br />completed and those that remain outstanding. The Committee then discussed <br />and developed a preliminary 2017 Work Plan. <br />The final draft of the 2017 Work Plan is included with and made part of these <br />minutes. <br />SALES TAX REPORT FOR THE MONTH ENDED OCTOBER 31, 2016 <br />Finance Director Kevin Watson presented to the Committee the monthly and <br />quarterly sales tax reports for the period ended October 31, 2016. <br />3 <br />