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Finance Commission 1 Meeting Minutes 2 DRAFT – OCTOBER 11, 2016 - DRAFT 3 4 5 Roll Call/Announcements 6 7 The Finance Commission (FC) meeting was called to order at 6:30 p.m. Chair Schroeder called 8 the roll. 9 10 Commissioners Present: Robin Schroeder, John Bachhuber, Edwin Hodder, Peter Zeller, 11 Nagaraja Konidena, and Matt Harold 12 13 Commissioners Absent: None 14 15 Staff Present: Finance Director Miller 16 17 18 Commissioner Hodder stated the Community Meeting “Imagine Roseville” was informative and 19 successful. 20 21 22 Receive Public Comments 23 24 Chair Schroeder stated the Commission had received an email from Cynthia White stating she 25 would like to see CIP Benchmarking and she would recommend the Commission find out what 26 level of detail the City Council would need. She would also like to see a tracking mechanism for 27 items the Commission has brought to the City Council for discussion and possible adoption with 28 documented outcomes and reasons for not approving. She recommended the Commission 29 develop a check list to track preliminary and final budget decisions against the City’s policies 30 and formalities be put in place to ensure that new buildings and parks are not authorized without 31 appropriate designated funding in the out years for maintenance. She asked the Commission to 32 put together information on current and proposed water and sewer fees including what other 33 cities charge. 34 35 36 Approval of the September 13, 2016 Meeting Minutes 37 38 Commissioner Zeller stated line 70 should read: “At the end of 2015 it was at the edge of the 39 target range…” Line 121-122 should read “Commissioner Zeller stated Reserve goals for the 40 City were trending upward and the budget reserve balances for the last couple of years are less 41 than the actual reserve balances.” 42 43 Chair Schroeder stated line 160 change “spate” to “separate”. 44 45 Item 3: Attachment A