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Finance Commission Minutes <br />July 12, 2016 – Draft Minutes <br />Page 6 of 7 <br /> <br />Identify Discussion Items for the August 15, 2016 Joint Meeting with the City Council 225 <br /> 226 <br />Chair Schroeder stated she would prefer to spend most of the time discussing what is going on 227 <br />currently and receive direction from the Council on what the Commission should be working on. 228 <br />She suggested discussing at what levels of the budget the Council would like the Commission to 229 <br />go and to what level they would like the Commission to review the annual reports and audits. 230 <br /> 231 <br />Commissioner Zeller suggested adding discussions on the Park Dedication Fee policy the 232 <br />Commission proposed. 233 <br /> 234 <br />Chair Schroeder suggested Commissioner Bachhuber present this to the City Council. 235 <br /> 236 <br />Commissioner Zeller stated the Commission had discussions on the local option sales tax and he 237 <br />suggested discussing this with the City Council. 238 <br /> 239 <br />Chair Schroeder stated the Commission would present information and possible 240 <br />recommendations on the CIP including the process the Commission uses to make these 241 <br />recommendations. 242 <br /> 243 <br />Vice Chair Rohloff suggested asking what areas the Council would like the Commission to 244 <br />review in the 2017 budget. The City has discussed using surplus reserves and the Council may 245 <br />want the Commission to look at this and make a recommendation. 246 <br /> 247 <br />Commissioner Hodder suggested reviewing where the reserves are. 248 <br /> 249 <br />Commissioner Zeller stated he would provide an update on the reserve targets and where the 250 <br />reserve funds are in relation to the targets. 251 <br /> 252 <br />Chair Schroeder stated Commissioner Hodder could update the Council on the financial 253 <br />dashboard and let them know the Commission is working on it. 254 <br /> 255 <br />Vice Chair Rohloff suggested asking if there was anything the Council would like the 256 <br />Commission to review that they have not. 257 <br /> 258 <br /> 259 <br />Identify Discussion Items for the August 10, 2016 Meeting 260 <br /> 261 <br />Finance Director Miller stated the August agenda would include an update of the golf course 262 <br />clubhouse, review the CIP scenarios and make recommendations, tax levy recommendations, and 263 <br />review the joint meeting topics. He asked if the Commission would also have an update of the 264 <br />cash reserves analysis. 265 <br /> 266 <br />Commissioner Zeller stated it should be included in the agenda packet for the Commission to 267 <br />review when looking at recommendations for the tax levy. 268 <br /> 269 <br />Item #3: Attachment A