Finance Committee Agenda and Packet 2017 06 12

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City Council Finance Committee Meeting Minutes 05/15/17 Page 5 of 6 Kevin Watson, Finance Director presented the Finance Committee the list of bills to be approved by City Council May 16, 2017. Finance Committee Chairperson Stolzmann asked if all the Impact Fee refunds have been paid. Deputy City Manager Balser and Finance Director Watson stated they have all been issued. Director Watson informed the Finance Committee the City would be restating its 2015 Financial Statements to reflect the $167,600 in refunds, and also that the City's auditors, Eide Bailley, agreed to review the process used to calculate the impact fees by Planning/Building Safety staff. The list of bills can be located in the packet of the May 15, 2017 Finance Committee Meeting. SPECIAL FINANCE COMMITTEE MEETING A special Finance Committee Meeting is scheduled for Wednesday, May 24, 2017 at 7:30 a.m. Items scheduled for discussion at the special meeting include: • Preliminary Draft of 2017 Budget Amendment Finance Director Watson stated that he was still waiting for several department narratives, but hopes to receive them soon. DISCUSSION ITEMS FOR THE NEXT REGULAR MEETING The next regular Finance Committee Meeting is scheduled for Monday, June 12, 2017 at 6:00 p.m. Items scheduled for discussion at the next meeting include: • Key Performance Indicators • Financial Statements for the Month Ended May 31, 2017 • Sales Tax Report for the Month Ended April 30, 2017 • Cash & Investment Report as of May 31, 2017 • List of Bills Finance Director Watson stated that several items still remain on the Finance Committee Work Plan for 2nd quarter, including a demo of the Public Works Lucity Asset Management Software and the Non -Profit Grants. Deputy City Manager Balser stated she attended the Legal Committee meeting noting that City Attorney Sam Light would be providing the language for a non-discrimination clause that will need to be incorporated into this year's grant applications.