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HomeMy WebLinkAbout2013-04-02 Finance and Safety Minutes City of Tukwila Finance and Safety Committee FINANCE AND SAFETY COMMITTEE Meeting Minutes April 2, 2013 5:30p.m.; Conference Room #3 PRESENT Councilmembers: Dennis Robertson, Chair, Chair; Verna Seal and Staff: Peggy McCarthy, David Cline and Kimberly Matej Guests: Joan Hernandez, resident, and Carol Zuvela, resident CALL TO ORDER: Committee Chair Robertson called the meeting to order at 5:35 p.m. I. PRESENTATIONS No presentations. II. BUSINESS AGENDA A. Information Only: Golf Course Fund Financial Analysis In response to a Council request made at a 2012 Budget Work Session, staff reviewed the following information regarding Foster Golf Links with the Finance & Safety Committee: General Financial Condition, Reserve Policy Compliance, and General Fund Subsidy. Operating Improvements and Alternatives will be discussed by Rick Still, Director of Parks & Recreation at a future Committee meeting. The Committee had a lengthy discussion regarding the above items including clarification of line items on Attachment G: Golf Enterprise Fund which was included in the Committee Agenda packet as page 3. As a result of the discussion, Committee Chair Robertson showed staff a sample comparison chart that he would like created for the Committee that will provide additional information that will aid in continued discussion of the golf course. The chart should include, at minimum, similar golf courses in the state and basic course information; such as yardage; acreage; contracted operations; and two years of golf rounds, revenue, and expenses and municipal employees (if applicable). The Committee would also like samples of other golf course contracts, type of course users/customers, and identification of other cities that have set-up golf courses as enterprise funds. They requested this information as well as the discussion of Operating Improvements and Alternatives return to Committee in September. In the meantime, the Committee requested this item return to the June 4 meeting with detailed information regarding operations and maintenance costs for the golf course as well as indirect costs. Joan Hernandez expressed her support for Foster Golf Links and encouraged the Committee to find ways to ensure continued operations at the facility even if that resulted in a general fund supplement from the City. INFORMATION ONLY. III. MISCELLANEOUS Meeting adjourned at 6:31 p.m. Next meeting: Tuesday, April 16, 2013 5:15 p.m. Conference Room #3 Committee Chair Approval Minutes by KAM.