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Finance Subcommittee

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Appointed by City Council for the purpose of overseeing the implementation of the City’s investment program and assuring it is consistent with the investment policy (PDF) as approved by the City Council, the subcommittee also acts in an advisory capacity in matters pertaining to short and long range financial planning and funding, rate and fee increases and other complex financial matters. The subcommittee reviews the City’s financial documents and statements, as well as certain proposals and agreements. The subcommittee consists of the City Treasurer as Chairperson and two members of the City Council. Professional and technical advisory support for the subcommittee is provided by the City Treasurer, City Manager and Director of Finance.

Finance Subcommittee Members

Finance Subcommittee Meeting

1.  Approval of Minutes from July 23, 2015 Finance Subcommittee Meeting  (PDF)
               Recommended Action:  Approve

2.  Fiscal Year 2014-2015 Audit Timing Report (no written report)
               Recommended Action:  Discuss

3.  Consideration of Bad Debt Write-Off's for Referral to Collection from July 1, 2015 through
     September 30, 2015  (PDF)
               Recommended Action:  Receive and File

4.  Buyers of City Receivables (no written report)
               Recommended Action:  Discuss

5.  Fiscal Year 2015/2016 Monthly Schedule of Transient Occupancy Tax and Lease Payments
and Miscellaneous Accounts Receivables  (PDF)
               Recommended Action:  Receive and File

6.  October Month-End Financial Reports - Fiscal Year 2015-2016 (PDF)  
               Recommended Action:  Receive and File

7.  Investment Portfolio for October 2015  (PDF)
               Recommended Action:  Receive and File

8.  Public Comments

9.  Adjourn

Copies of staff reports or other written documentation relating to agenda items are on file in the office of the Finance Director and on the City website.

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