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2018-05-22 Finance Minutes
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2018-05-22 Finance Minutes
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1/14/2021 12:13:19 PM
Creation date
5/29/2018 10:52:48 AM
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Council Committees
Committees Date (mm/dd/yy)
05/22/18
Committee Name
Finance 2017-2020
Record Type
Minutes
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Finance Committee Minutes May 22, 2018 <br />• Create a key to explain groupings and definitions <br />• Add 2015 and 2016 data <br />• Add notation to explain that the contingency fund is not included <br />• Provide document in a larger, more readable format <br />Staff asked Committee members which Public Safety Plan funding scenarios they would like to <br />see modeled at the June 5, 2018 meeting. Referencing the five scenarios on page 14 of the <br />agenda, the following were requested: <br />• Option A with a 20 -year LTGO amortization <br />• Option C-1 with a 20 -year LTGO amortization <br />• Option C-2 with a 20 -year LTGO amortization <br />• Option D with a 20 -year LTGO amortization <br />If the Finance Committee needs more time to discuss its recommendation following the June 5 <br />meeting, it may choose to convene another meeting during that same week. DISCUSSION ONLY. <br />III. MISCELLANEOUS <br />Adjourned at 6:26 p.m. <br />Committee Chair Approval <br />Minutes by LH, Reviewed by VC <br />
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