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City Council Finance Committee <br />Meeting Minutes <br />04/21/20 <br />Page 6 of 8 <br /> <br />Finance Director Kevin Watson reviewed the revenue scenarios with the Finance <br />Committee that were presented to City Council March 31, and requested <br />discussion with the Committee to establish a process to develop new 2020 <br />revenue projections that will ultimately guide the upcoming budget process. <br /> <br />The Finance Committee reviewed possible assumptions made March 31 in <br />anticipation of the April 24 work session. Director Watson sta ted he had also been <br />provided analysis by Committee Member Lipton which will be provided at the work <br />session for discussion. Director Watson stated he will utilize the Long-Term <br />Financial Plan to provide the Finance Committee an immediate view of the impact <br />to fund balances based on the assumptions they agree to use. <br /> <br />The corresponding narrative can be located in the packet of the April 21, 2020 <br />Finance Committee Meeting. <br /> <br />STAFF REPORTS/UPDATES/DISCUSSIONS <br /> <br />Fee Review <br /> <br />Deputy City Manager Megan Davis presented the City’s current fee schedule <br />which was effective January 1, 2020. Ms. Davis stated that staff is recommending <br />certain fees be considered for modification due to the COVID-19 Pandemic, and is <br />requesting discussion and direction from the Finance Committee. <br /> <br />Manager Davis stated that staff has received requests to reduce or waive certain <br />fees, and that staff focused its review of fees on areas where residents or <br />businesses may experience hardship. <br /> <br />The fees discussed were: <br /> <br /> Patio rental fees ($28K annually) <br /> Late fees related to utility accounts, bad check fees, and reconnection fees <br />(City Manager authorized) <br /> Liquor license renewal fees ($20K annually) <br /> <br />The Finance Committee discussed the various fees and expressed their desire to <br />encourage economic recovery, but suggested looking at the bigger scope of these <br />and other issues. <br /> <br />The Committee discussed the pros and cons of deferred payments versus full <br />waivers, noting some businesses have been closed, while others have remained <br />open and more likely able to afford certain fees. <br /> <br />Finance Committee Member Lipton and Chairperson Maloney suggested a line <br />item be added to the 2020 budget. The Committee stated this fund should be <br />7