Finance Committee Agenda and Packet 2018 01 19

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City Council Finance Committee Meeting Minutes 12/19/17 Page 5 of 6 CASH & INVESTMENTS AT NOVEMBER 30, 2017 Finance Director Kevin Watson presented the investment reports to the Finance Committee The reports and corresponding narrative can be located in the packet of the December 19, 2017 Finance Committee Meeting. LIST OF BILLS The Finance Committee had no questions. STAFF REPORTS Finance Director Kevin Watson stated that the Key Performance Indicators are being revised for the final 2018 Budget document, as the current dollars per resident numbers provided are not accurate. Director Watson stated that the Finance Department will perform these calculations based on other indicator provided by the departments. City Manager Balser stated that the City's insurance renewal premiums had been received and reflect a 2.9% increase. Ms. Balser stated the increase is minimal, but asked if the Finance Committee would like a presentation and summary provided at the January Finance Committee meeting. The Finance Committee Members agreed that it was not necessary to provide a presentation. DISCUSSION ITEMS FOR THE NEXT REGULAR MEETING The next regular Finance Committee Meeting was tentatively scheduled for January 15, 2018, however this is the date of the Martin Luther King Jr. holiday. Finance Committee Members and staff discussed alternate dates. Mayor Muckle requested City Manager Balser seek an available time for Friday, January 19, 2018 that would be agreeable for Committee Members and staff. Items scheduled for discussion at the next meeting include: • Finance Committee 2018 Work Plan • Financial Statements for the Month Ended December 31, 2017 • CIP Schedule for 4th Quarter 2017 • Sales Tax Reports for the Month Ended November 30, 2017 • Cash & Investment Report as of December 31, 2017 • List of Bills ADJOURN 6