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HomeMy WebLinkAbout2020-04-13 Finance MinutesCouncilmembers Present: Verna Seal, Chair; Kathy Hougardy, Zak Idan StoffPresent: David Cline, Allan Ekberg, Zak Idan, Derek Speck, Rick Still, Juan Padilla, Vicky Carlsen, Tony Cullerton, Laurel Humphrey Chair Seal called the meeting to order at 5:30 p.m. I. BUSINESSAGENDA A. February 2020 Monthly Financial Report Staff provided an overview of the February 2020 status of the General Fund. Committee Recommendation Discussion only. B. Financial Impacts from COVID-19 Emergency Staff provided an overview of financial impacts of COVID-19, including three different scenarios based upon the timeline of the "Stay Home, Stay Healthy" order, cash flow considerations, and next steps for Council deliberation. Committee question(s) requiring follow up • When Fire Department staffing drops below 13, will staff be shuffled among all the stations? • Provide the three scenarios in a table format. • Prepare a discussion about the City Council's departmental budget. Committee Recommendation Return to committee. A special meeting will be held on April 21, 2020 at 4:00 p.m. II. MISCELLANEOUS The meeting adjourned at 6:50 p.m. r Committee Chair Approval Minutes by LH, TC