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City Council Finance Committee <br />Meeting Minutes <br />March 20, 2025 <br />Page 6of6 <br />Councilmember Hamlington commented that the first edition of a new monthly Council finance budget <br />report was sent out this week. The Director of Finance confirmed. <br />Councilmember Cooperman commented on the May meeting topic of potential revenue sources, noting <br />that one potential revenue source would be to set up a bond and if we want to explore that option, do we <br />need to make it clear that we want that to be included in the options presented. The Director of Finance <br />responded that this will be a discussion item therefore any feedback is welcome. Councilmember Hoefner <br />commented that he would like to explore and get updates on the topic and get an update on the realities <br />of municipal bonding in 2025. He asked for someone to attend that meeting to get views would be helpful. <br />Items for the Next Regular Meeting, scheduled for April 17, 2025, 4:00-6:00 PM: <br />• 2024 EOY Revenues, Expenditures & Changes in Fund Balances (Cash Basis) <br />• 2024 Operational Turnback Update <br />• 2024 Year -End Capital Improvement Program (CIP) Report <br />• Rollovers/Carry-Overs/1st 2025 Citywide Budget Amendment <br />• Monthly Revenue & Sales Tax Report <br />Adjourn: Councilmember Hamlington made a motion to adjourn. Councilmember Cooperman seconded <br />the motion. The meeting adjourned at 5:52 PM <br />8/69 <br />