Finance Committee

CITY COUNCIL

Finance, Audit & Budget Committee

Monday, March 20, 2023

Hybrid

5:00 pm

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The Budget and Finance Committee's responsibilities include Annual Budget Review, Capital Improvement Programs, Financial Reports, Taxes (Rates, exonerations and exemption appeals), Fee Assessments, Review of Budget & Financial Reports, oversight of the City's external auditing, internal controls and any other financial or business practices, and reviewing the work of the City Auditor.

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Committee Members: Ms. Goodman-Hinnershitz and Mr. Butler

Although Council committee meetings are open to the public, public comment is not permitted at Council Committee meetings. However, citizens are encouraged to attend and observe the meetings. Comment from citizens or professionals during the meeting may be solicited on agenda topics via invitation by the Committee Chair. All electronic recording devices must be at the entry door in all meeting rooms and offices, as per Bill No. 27-2012.

The City Council Committee of the Whole meetings are filmed and can be viewed LIVE while the meeting is taking place via the attached Zoom link and dial-in phone number, on Facebook and on BCTV MAC Channel 99.

I.         DID Remaining Funds & Liens for Unpaid Assessments

II.        Narrative Form - Finance Reports

• Review Expenditures/Revenues

• Review Bank Statement Activity
• Cash levels in the General Fund & Enterprise Funds
• Review Expenditure Reports by Department & Division

III.      Narrative Form - Progress Reports on Grants & CDBG HUD Funding

• Amount received, amount spent and grant deadline

IV       2023 Proposed Budget Amendments

• Update Telecommunications and PT Wages
• Consider adding PT Staff to VSU
• Funding for Council District events

1. Adjourn

FOLLOW UP ISSUES

2023 Finance Committee Topics

March

2023 Budget Amendment from the Parking Lot