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City Council Finance Committee <br />Meeting Minutes <br />05/22/18 <br />Page 3 of 4 <br />TURNBACK DISCUSSION <br />Finance Director Watson presented the 2017"turnback" and review the average <br />turnback amounts since 2000. <br />The corresponding narrative can be located in the packet of the May 22, 2018 <br />Finance Committee Meeting. <br />QUARTERLY SALES TAX REPORT <br />Finance Director Watson presented the Quarterly Sales Tax Report. <br />The report and corresponding narrative can be located in the packet of the May <br />22, 2018 Finance Committee Meeting. <br />QUARTERLY FINANCIAL STATEMENTS <br />Finance Director Watson presented the Quarterly Financial Statements. <br />The statements and corresponding narrative can be located in the packet of the <br />May 22, 2018 Finance Committee Meeting. <br />QUARTERLY CASH & INVESTMENT REPORT <br />Finance Director Watson presented the Quarterly Sales Tax Report. <br />The report and corresponding narrative can be located in the packet of the May <br />22, 2018 Finance Committee Meeting. <br />STAFF REPORTS <br />There were no staff reports. <br />DISCUSSION ITEMS FOR THE NEXT REGULAR MEETING <br />The next regular Finance Committee Meeting is scheduled for Monday, June 15, <br />2018 at 5:30 p.m. <br />Items scheduled for discussion at the next meeting include: <br />• Discussion on Recreation Center Sales Tax <br />• Discussion Fee Inflator/Escalator <br />4 <br />