HomeMy WebLinkAbout2020-06-08 Finance Minutes4
City Councit•Committee
Meeting Minutes
June 8, 2020 - 5:30 p.m. - Electronic Meeting due to COVID-19 Emergency
Councilmembers Present: Verna Seal, Chair; Kathy Hougardy, Kate Kruller
StoffPresent: Vicky Carlsen, Tony Cullerton, Rachel Bianchi
Chair Seal called the meeting to order at 5:30 p.m.
I. BUSINESSAGENDA
A. 202015t Quarter Investment Report
As of March 31, 2020 the portfolio totaled $99.1 million comprising $92.5 million in cash and
cash equivalents and $6.6 million in longer term investments.
Committee Recommendation
Discussion only.
B. March 2020 and COVID-19 Impact Report
The report included the COVID-19 impact reporting as required by Resolution 1987.
Question(s) requiring follow up
• What makes up the $1,470 Council COVID related expenses?
Committee Recommendation
Forward to June 8, 2020 Committee of the Whole.
C. 2019 Year -End Financial Report
Committee Recommendation
Forward to June 22, 2020 Committee of the Whole.
II. MISCELLANEOUS
The meeting adjourned at 5:56 p.m.
Committee ChairApproval
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