4.16.
CC Regular Session
- Meeting Date:
- 08/13/2013
- By:
- Diana Lund, Finance
Information
Title:
Report from the Finance Committee - July 16, 2013
1) Nominate Chair & V-Chair for Committtee - Ratify recommendation of FC and appoint Councilmember Riley as Chair and Councilmember LeTourneau as V-Chair
2) Review of 2012 Comprehensive Annual Financial Report - Presented for Discussion
3) 2014 Preliminary Budget Updates - No Action Necessary
1) Nominate Chair & V-Chair for Committtee - Ratify recommendation of FC and appoint Councilmember Riley as Chair and Councilmember LeTourneau as V-Chair
2) Review of 2012 Comprehensive Annual Financial Report - Presented for Discussion
3) 2014 Preliminary Budget Updates - No Action Necessary
Background:
Three items of business were presented to the Finance Committee:
Item #1: Nominate Chair for Finance Committee: The Finance Committee motioned for Chris Riley to be nominated as Chair and John LeTourneau as Vice Chair.
Item #2: Review of 2012 Comprehensive Annual Financial Report (CAFR): The Finance Committee discussed the report and the committee made recommendations of how they would like to see the data presented to the public in regard to the financial health of the city.
Item #3: 2014 Preliminary Budget Update: An update was given on where the city is in the 2014 budget process in regard to overall budgets, levy limits, and tax rates. Committee made the recommendation to have staff update the public at a future city council meeting on the overall budget process.
Item #1: Nominate Chair for Finance Committee: The Finance Committee motioned for Chris Riley to be nominated as Chair and John LeTourneau as Vice Chair.
Item #2: Review of 2012 Comprehensive Annual Financial Report (CAFR): The Finance Committee discussed the report and the committee made recommendations of how they would like to see the data presented to the public in regard to the financial health of the city.
Item #3: 2014 Preliminary Budget Update: An update was given on where the city is in the 2014 budget process in regard to overall budgets, levy limits, and tax rates. Committee made the recommendation to have staff update the public at a future city council meeting on the overall budget process.
Recommendation:
Ratify the recommendations of the Finance Committee.
Council Action:
Ratify the recommendations of the Finance Committee.
Attachments
No file(s) attached.
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Kurt Ulrich | Kurt Ulrich | 08/03/2013 12:00 PM |
- Form Started By:
- Diana Lund
- Started On:
- 07/23/2013 03:32 PM
- Final Approval Date:
- 08/03/2013