CITY COUNCIL BUDGET & FINANCE COMMITTEE MEETING
Meeting Minutes of March 2, 2016
Call to Order: 4:30 pm
Members Present: Mayor Halliday, Councilmember Lamnin, Councilmember Jones
Members Absent: None
Staff: Fran David, Kelly McAdoo, Tracy Vesely, Dustin Claussen,
Guests: None
1. Committee reviewed the meeting minutes for the February 22, 2016 City Council Budget & Finance Committee meeting and made one amendment. Action: unanimous approval as amended (added item 2.e. Discussed need for Information Technology position and requested that clearer funding information on the position be included in the FY 2016 Mid-year Review)
2. The Committee received a presentation by Deputy Director of Finance Dustin Claussen regarding the annual review of City debt. No formal action was taken. Committee members did request that a definition of “General Obligation Debt” be included in future reports.
3. The Committee received a presentation by Director of Finance Tracy Vesely regarding the annual review of City benefit liabilities. No formal action was taken.
4. The Committee reviewed the FY 2016 Meeting Schedule. No formal action was taken. The Committee requested that future meetings includes the topics: 1) Health Care Exchange and 2) City revenue generating options
Committee Members/Staff Announcements and Referrals: None.
Adjournment: The meeting was adjourned at 5:30 pm