Finance Committee Agenda and Packet 2023 12 14

Home Browse Search

after year. There was a discussion around the golf course annual pass actuals and the possible fee increase being proposed for next year. 2024 Proposed Citywide Fees: The Director of Finance presented the proposed fees, rates, and charges for the City of Louisville for 2024. There was a discussion on how City staff decide which fees stay the same versus those that change. The Director of Finance was asked to provide the committee with a list of which fees are being changed by 5% and not CPI. Chair Dickinson requested that a % change column be added to the spreadsheet. There was a discussion around library fees. There was a discussion around Lifeguard Training fees. There was a discussion around the Impact Fee. There was a discussion around the Land Use Fees. 2024 Preliminary Work Plan The Director of Finance presented the 2024 Preliminary Work Plan and asked the committee for feedback on any changes they would like to see. Chair Dickinson requested more financial training for committee members during meetings in 2024. Councilmember Hoefner noted that budget discussions will need to be addressed earlier in the year. There was a discussion around budget planning in 2024. Revenue, Sales, and Bag Tax Reports: The Director of Finance presented the Revenue, Sales, and Bag Tax Reports to the committee. The report was included in the meeting packet. There was a detailed discussion around the bag tax policy and compliance. Questions from the public: Councilmember Leh began a discussion around importing tax and exporting work. Chandler Investment 2024 Q3 Quarterly Report: The Director of Finance presented the Q3 Quarterly Investment Report. The report was provided in the meeting packet. Questions from the public: None. Finance Director Updates: The Finance Director provided updates on the adoption of the 2024 budget, Fees, Mill Levy Certification, and the final 2023 budget amendment. Several Finance Staff are at the annual Colorado finance conference this week. The finance director asked the committee to move the December meeting to December 14, prior to the last 2023 Council meeting. The Committee agreed to move the December meeting to December 14. Questions from the Committee: None. Items for the Next Regular Meeting, scheduled for December 21, 9:00-11:00 AM: • Final 2024 Work Program • Review of 2024 Audit Work Plan 4/30