HomeMy WebLinkAbout2020-05-11 Finance Minutes4
City Councit•Committee
Meeting Minutes
May 11, 2020 - 5:30 p.m. - Electronic Meeting due to COVID-19 Emergency
Councilmembers Present: Verna Seal, Chair; Kathy Hougardy, Zak Idan
StoffPresent: Allan Ekberg, Vicky Carlsen, David Cline, Tony Cullerton, Rachel Bianchi
Chair Seal called the meeting to order at 5:30 p.m.
I. BUSINESSAGENDA
A. Financial Impacts from COVID-19 Emergency
Staff and Council members continued discussion of financial impacts of COVID-19. Staff is
seeking Council approval of (1) A resolution authorizing the Mayor, City Administrator, or
designee to implement various cost -saving measures to address revenue shortfalls due to
the COVID-19 pandemic and (2) A resolution providing for a temporary pay reduction for
non -represented employees to assist with addressing the budget shortfall associated with
the coronavirus pandemic.
Committee Recommendation
Forward to Committee of the Whole for discussion.
II. MISCELLANEOUS
• Staff will be seeking Council approval to delegate authority to Director Carlsen to be
allowed to do Bank Placement. Director Carlsen will follow up with a memo on this topic.
• Committee members agreed that Council can return $80,000 to the General Fund from its
2020 budget by reducing Professional Services (PMQA) from $76,500 to $16,500 and travel from
$30,000 to $10,000. Chair Seal will present this to the full Council.
• Deputy Administrator Bianchi suggested that Council move forward with Phase I & II of the
Facilities 2.0 study. Deputy Administrator Bianchi will draft a memo and present it at the next
Finance Committee meeting.
The meeting adjourned at 6:23 p.m.
Committee Chair Approval
Minutes byTC