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City Council Finance Committee <br />Meeting Minutes <br />May 15, 2025 <br />Page 2 of 3 <br />PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA <br />None <br />EXPLORATION OF POTENTIAL NEW REVENUE SOURCES FOR CITY MAJOR <br />CAPITAL ITEMS <br />Director Bailey presented the item and provided several scenarios. <br />Council Questions and Discussion <br />Public Comment - None <br />Council Direction - None <br />Q1 2025 — REVENUES, SALES AND BAG TAX REPORTS <br />Auditor Zeas gave an overview of the sales, use and bag tax figures for the first quarter <br />of 2025. <br />Council Discussion <br />Public Comment - None <br />Council Direction - None <br />REVIEW OF FISCAL / RESERVE POLICIES <br />Director Bailey reviewed the City's current fiscal and reserve policies and proposed no <br />modifications. <br />Council Discussion <br />Public Comment - None <br />Council Direction — Chair Hoefner asked about a potential process change for budget <br />amendments. <br />4/106 <br />