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Regular City Council Meeting Monday, April 10, 2017 Page 10 Council looked ahead with its CIP that would be highlighted in more detail at the May 16, 2017 City Council meeting. In addition to Mr. Miller’s comments, Mr. Trudgeon addressed the sustainability issue by noting the need to determine if the city was “right -sized,” advising that he and staff would be looking at all options in the near future to ensure the long - term sustainability of the city, but had no specific proposals at this point. Councilmember Willmus thanked Mr. Miller for the additional column displa yed as part of tonight’s reserve balances providing good comparisons of reserve le v- els, and their respective lows and highs. Councilmember Willmus addressed pr e- vious discussions and his suggestion for creation of a “Cash Carry Fo rward” Fund to more accurately track monies from one year to the next, as well as providing more transparency for the public and the City Council. Councilmember Willmus stated his intent that the fund could be available to supplement any funds that may be falling short. On that topic, Mayor Roe questioned where that topic was left in previous discus- sions: whether the City Council needed to make a decision to create the fund or whether they had referred it to the Finance Commission for their review and a subsequent recommendation. Mayor Roe sought clarification, confirmed by Mr. Miller that the $1,631.824 2016 total reserve levels would remain in those ind i- vidual funds. Councilmember McGehee stated that she didn’t recall any formal action; and clar- ified that she was initially seeking the City staff’s review in advance versus a so- lution. Willmus moved, Laliberte seconded, directing staff to create a “Cash Carry Fo r- ward Fund” as outlined this evening. Councilmember Willmus noted that this was something talked about at great length in the past by the City Council; and during annual budget processes, opined that it was difficult tracking cash carryover from one year to the next, with thi s step addressing that information need and informing future discussions and dec i- sion-making. Councilmember Laliberte stated her support for the ability to have that info r- mation available during budget discussions; and this step in addition to infor- mation from the previous year would be great to have as part of budget docume n- tation. With discussion by Councilmember Etten and Mayor Roe differentiating cash car- ry forward from the operating fund and/or CIP fund, Finance Director Miller cla r- ified that three o f the funds (e.g. Communications, Information Technology and