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<br />II City Council <br /> Finance Committee <br />City of Louisville Meeting Minutes <br /> September 5, 2006 <br /> City Hall, City Manager's Office <br /> 749 Main Street <br /> 5:00 PM <br />Call to Order - The meeting was called to order at 5:00pm. <br />Roll Call was taken and the following members were present: <br /> City Council: Council Members Ron Sackett and Sheri Marsella <br />Absent: Mayor Sisk <br /> Julie Boyd, Deputy City Manager <br /> Staff Present: Bill Simmons, City Manager <br /> Patty Leslie, Finance Director <br /> Speaking Guests: <br /> PUBLIC COMMENTS ON ITEMS NOT ON THE AGENDA <br />None. <br /> OPEN ISSUES <br />The July 31,2006 monthly financial statements were presented by the Finance <br />Director. The combined cash balance in all funds was $25.2 million at the end of <br />July. The Finance Director's narrative and the actual financial statements <br />themselves are posted on the City's website at www.ci.louisville.co.us . <br />The July 31,2006 sales tax results were presented by the Finance Director. The <br />sales tax collections for July were $750,188. The City is (7%) down in sales tax <br />collections for 2005 actual year-to-date. The Home improvements centers are <br />down (32.5%) and the restaurants are down (4.3%) from prior year. <br /> City of Louisville <br /> City Council 749 Main Street Louisville CO 80027 <br /> 303.335.4533 (phone) 303.335.4550 (fax) www.ci./ouisville.co.us <br />