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PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA <br />The Mayor requested that the City's Web site be updated to include the correct <br />date for the September 14 Finance Committee Meeting. <br />SALES TAX REPORT FOR THE PERIOD ENDED JUNE 30, 2009 <br />The Tax Manager presented the June 30, 2009 Sales Tax Report. The report <br />and the corresponding narrative can be located on the City's website at <br />www.louisvilleco.gov. In addition to reviewing and discussing the report, the <br />Committee requested the City Attorney review the process for removing the sales <br />tax exemption on cigarettes. <br />REVENUE TREND DASHBOARD <br />City Council Finance Committee <br />Meeting Minutes <br />08/17/09 <br />Page 2 of 3 <br />The Finance Director presented current trend analysis and projections for various <br />revenue sources summarized in a revenue trend "dashboard" report. This report <br />can be located on the City's website at www.louisvilleco.gov. In addition to <br />reviewing and discussing the report, the Committee recommended that the <br />current estimate for 2009 sales tax revenue be adjusted from a -6% to a -7 <br />FINANCIAL STATEMENTS FOR THE PERIOD ENDING JULY 31, 2009 <br />The Accounting Manager presented the Financial Statements for the period <br />ending July 31, 2009. The statements and corresponding narrative can be <br />located on the City's website at www.louisvilleco.gov. In addition to reviewing <br />and discussing the report, the Committee requested additional detail on the <br />General Fund Library Department. The Committee also requested staff to <br />ensure that all early payment discounts were being taken. <br />SCHEDULE OF CASH INVESTMENTS AS OF JULY 31, 2009 <br />The Finance Director presented the Schedule of Cash Investments as of July <br />31, 2009. The schedule and corresponding narrative can be located on the <br />City's website at www.louisvilleco.gov. <br />LIST OF BILLS <br />The Committee reviewed the List of Bills scheduled for approval at the August <br />18, 2009 Council Meeting. The list can be located on the City's website at <br />www.louisvilleco.gov. The Committee requested additional information on the <br />invoices from Denver Regional Landfill and Planned Benefit Systems. <br />3 <br />