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EN HILLS <br /> MEMORANDUM <br /> DATE: November 16, 2009 Item LA <br /> TO: Honorable Mayor and City Council Members <br /> Ron Moorse, City Administrator FROM: Sue Iverson, Finance Director/Treasurer <br /> SUBJECT: Financial Planning and Analysis Committee Presentation <br /> Backiround <br /> In 2007, the City Council created the Financial Planning and Analysis Committee <br /> (FPAC). Their mission and purpose is to provide modeling,projections, and suggest <br /> fiscal policies surrounding the longer-term impact of current and near term decisions. <br /> This includes: build versus lease decisions; future Fire/Police capital p <br /> facilities/eq ui ment; <br /> fund balance policies and capital improvement plans. Use of public financing to achieve <br /> these obj ects is included in this mission/purpose. <br /> Discussion <br /> The committee would like to give a short presentation to the Council on ways that they <br /> can offer their assistance in accordance with their mission. <br /> City Council Meeting <br /> \\Metro-inet\ardenhills\Admin\Council\Agendas&Packet Information\2009\1 1-16-09 Worksession\Packet <br /> InformationTPAC Presentation.doc <br /> Page 1 of 1 <br />