2017_0314_FC_Packet - Laserfiche WebLink

Home

Roseville Finance Commission Agenda Item Page 1 of 2 Memo To: Roseville Finance Commission From: Chris Miller, Finance Director Date: March 14, 2017 Re: Item #7: Review Finance Commission Recommendations: Tracking Report Background The table below identifies the recommendations submitted to the City Council by the Finance Commission since its inception in May, 2014. Finance City Council Commission Receipt of Discussion Information Topic Description Date **Date Status Financial Policies Includes revised language to reflect existing practices 6/9/2015 8/17/2015 Implemented CIP Funding Strategies Commit to funding existing asset replacements while maximizing non- tax revenue sources 7/14/2015 8/17/2015 On-going Park Dedication Funds Revised allocation to provide funding for existing capital replacements 8/11/2015 8/17/2015 Pending Water & Sewer Rate Structure Affirmed current rate structure 8/11/2015 8/17/2015 Received CIP: PMP Funding Strategy Affirmed 2015 CIP Strategies 8/10/2016 8/15/2016 On-going CIP: Facilities Funding Strategy Affirmed 2015 CIP Strategies + seek State funding for Skating Center 8/10/2016 8/15/2016 On-going CIP: PIP Funding Strategy Affirmed 2015 CIP Strategies 10/13/2015 8/15/2016 Pending CIP: Golf Course Funding Strategy Move Golf Course into larger PIP/CIP Program and re-prioritize to fit within 2015 Funding Strategies 9/8/2015 8/15/2016 Pending Cash Reserves Provided updated figures based on 2016 and 2017 Projections 10/11/2016 10/15/2016 Received Roles & Responsibilities Removed and replaced sections in City Code 208.02 10/11/2016 3/20/2017 Scheduled Capital Investment Policy Revised policy that includes priority spending guidelines 1/10/2017 3/20/2017 Scheduled ** Represents the most recent discussion date before forwarding to the City Council Staff Recommendation Not applicable.