Finance Committee Agenda and Packet 2023 01 23

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Councilmember Leh echoed appreciation for the City's model, saying we've done so much work and the evolution has really been impressive. The smoothing over time makes it easier for residents and the explanations are very clear. The charts of comparative rates with other communities is something we should be broadcasting from economic vitality standpoint. That's something everyone worries about and we are doing exceedingly well in this area. Other communities at times have not reflected in their rates, real costs which they ought to be doing; we are transparent and we're doing a good job. Mayor Pro Tern Maloney motioned to recommend to City Council to adopt the rate plan; Councilmember Leh seconded the motion and the motion was approved. Staff Reports/Updates/Discussions: 2022 Work Plan — page 77 of packet Committee comments: none Quarterly reports will be reviewed at the next meeting. Council needs to start working on the 2023 work plan and it was noted that impact fees need to be included on the 2023 work plan. Deputy City Manager Davis mentioned that the plan for impact fees was originally to include them in the comprehensive plan process so the fees got bumped due to that project getting pushed out. Councilmember Leh asked if the City is looking for input into the last few months and asked that agenda items be brought up. He reiterated his desire to educate the public on the abatement process and suggested the City ask the Assessor's office to give a summary of the valuation presentation to the public. Mayor Pro Tern Maloney asked the City Manager for recommendations on the best approach for public outreach on this issue. Staff will discuss with the Mayor, Mayor Pro Tern and the City Clerk on the best approach. Potential Items for Next Regular Meeting, tentatively scheduled for November 14, 2022: • All Third Quarter Reports • Non -Profit Grant Applications • Preliminary 2023 Work Plan Items were approved for the next regular meeting. Adjourn: The meeting adjourned at 5:52 PM.