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HomeMy WebLinkAbout2020-09-14 Finance MinutesCity of Tukwila City Council Finance Committee Meeting Minutes September 14, 2020 - 5:30 p.m. - Electronic Meeting due to COVID-19 Emergency Councilmembers Present: Verna Seal, Chair; Kathy Hougardy, Zak Idan Staff Present: Chair Seal called the meeting to order at 5:30 p.m. I. BUSINESS AGENDA A. Resolution: Cancelling Outstanding Claims and Payroll Checks Staff is seeking Council approval of the annual resolution that would declare the cancellation of abandoned or unclaimed property that is owed to individuals or business owners in time for reporting to the Washington State Department of Revenue Unclaimed Property Section by November 1, 2020. This year's report includes the cancellation of outstanding claims in the total amount of $16,678.88. Committee Recommendation Unanimous approval. Forward to September 21, 2020 Regular Consent Agenda. B. Resolution: Cancelling Past Due Accounts Receivable Staff is seeking Council approval of the annual resolution that would declare the cancellation of uncollectible accounts receivable. The total for this year includes false alarm fees equaling $2,650.00 and miscellaneous billings equaling $14,635.74 for a total of $17,285.74. Committee Recommendation Unanimous approval. Forward to September 21, 2020 Regular Consent Agenda. C. Contract - Internet Services Staff is seeking Council approval to renew and upgrade a contact with Zayo for fiber-optic internet services. The monthly rate will remain the same at $3,250 and discontinuing the 1G Express Route connection will save $1500/month. Committee Recommendation Unanimous approval. Forward to September 14, 2020 Committee of the Whole. D. 2020 2nd Quarter Sales Tax & Miscellaneous Revenue Report Staff presented the report. Committee Recommendation Discussion only Finance Committee Minutes September14, 2020 II. MISCELLANEOUS Staff mentioned that the false alarm fee legislation presented at the last meeting is not yet ready for further discussion as a formal appeal process is being developed. The meeting adjourned at 5:47 p.m. Committee Chair Approval Minutes byTC