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<br />II City Council <br /> Finance Committee <br />City of Louisville Meeting Minutes <br /> October 3, 2006 <br /> City Hall, City Manager's Office <br /> 749 Main Street <br />Call to Order - The meeting was called to order at 6:00pm. <br />Roll Call was taken and the following members were present: <br /> City Council: Mayor Sisk <br /> Council Members Ron Sackett and Sheri Marsella <br /> Absent: 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 />There was a correction for the September 5, 2006 minutes. The meeting was <br />called to order at 6:00 p.m. rather than 5:00 p.m. as stated in the minutes. <br />The August 31,2006 monthly financial statements were presented by the <br />Finance Director. The combined cash balance in all funds was $24.9 million at <br />the end of July. The Finance Director's narrative and the actual financial <br />statements themselves are posted on the City's website at www.ci.louisville.co.us <br />The August 2006 sales tax results were presented by the Finance Director. The <br />preliminary sales tax collections for July were $721,347. The City is (7%) down <br />in sales tax collections for 2005 actual year-to-date. The Home improvements <br />centers are down (33.2%) and the restaurants are down (3.8%) 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 />