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HomeMy WebLinkAbout1A, Financial Planning & Analysis Committee Presentation EN HILLS MEMORANDUM DATE: November 16, 2009 Item LA TO: Honorable Mayor and City Council Members Ron Moorse, City Administrator FROM: Sue Iverson, Finance Director/Treasurer SUBJECT: Financial Planning and Analysis Committee Presentation Backiround In 2007, the City Council created the Financial Planning and Analysis Committee (FPAC). Their mission and purpose is to provide modeling,projections, and suggest fiscal policies surrounding the longer-term impact of current and near term decisions. This includes: build versus lease decisions; future Fire/Police capital p facilities/eq ui ment; fund balance policies and capital improvement plans. Use of public financing to achieve these obj ects is included in this mission/purpose. Discussion The committee would like to give a short presentation to the Council on ways that they can offer their assistance in accordance with their mission. City Council Meeting \\Metro-inet\ardenhills\Admin\Council\Agendas&Packet Information\2009\1 1-16-09 Worksession\Packet InformationTPAC Presentation.doc Page 1 of 1