Finance Committee Agenda and Packet 2010 04 19

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City Council Finance Committee Meeting Minutes 03/15/2010 Page 3 of 3 The Accounting Manager presented Financial Statements for the period ending February 28, 2010. The statements included the latest amounts for fiscal year 2009. The statements for the City's five main operational funds and corresponding narrative can be located on the City's website at www.louisvilleco.Qov. CASH & INVESTMENTS AT FEBRUARY 28, 2010 The Finance Director recommended, and the Finance Committee agreed, for a portion of the City's cash portfolio to be invested in CD's with various local banks. The Finance Director presented the Schedule of Cash & Investments as of December 31, 2009. The schedule and corresponding narrative can be located on the City's website at www.louisvilleco.Qov. LIST OF BILLS The Committee reviewed the List of Bills scheduled for approval at the March 16, 2010 Council Meeting. The list can be located on the City's website at www.louisvilleco.Qov. The Finance Committee requested information on the use of Exempla Healthcare in Lafayette for pre-employment testing as opposed to Avista or other Louisville facility. The Committee requested the City Manager encourage purchases from Louisville businesses. Several purchases were made out of the city for grocery and automotive merchandise. DISCUSSION ITEMS FOR THE NEXT MEETING & MEETING SCHEDULE The next meeting is set for Monday, April 19, 2010 at 4:00 p.m. in the City Manager's Office. Discussion items currently scheduled for that meeting are: . Sales Tax Reports for the Period Ended February 28, 2010. . Financial Statements for the Period Ended March 31,2010. . Cash and Investments Balances as of March 31,2010. ADJOURN The meeting was adjourned at 5:15 p.m. 4