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No.Recommendation Description <br />2015-1 Financial Policies Includes revised language to reflect existing practices <br />2015-2 CIP Funding Strategies Commit to funding existing asset replacements while maximizing non- <br />tax revenue sources <br />2015-3 Park Dedication Funds Revise allocation to provide funding for existing capital replacements <br />2015-4 Water & Sewer Rate <br />Structure Affirmed current rate structure <br />2015-5 CIP: Golf Course Funding <br />Strategy <br />Move Golf Course into larger PIP/CIP program and re-prioritize to fit <br />within 2015 funding strategies <br />2015-6 CIP: PIP Funding Strategy Affirmed 2015 CIP Strategies <br />2016-1 CIP: PMP Funding <br />Strategy Affirmed 2015 CIP Strategies <br />2016-2 CIP: Facilities Funding <br />Strategy Affirmed 2015 CIP Strategies + seek State funding for Skating Center <br />2016-3 Cash Reserves <br />The Finance Commission highlights for the City Council the General <br />Fund Reserve is now projected to be below the goal range and the <br />Commission suggests the City not spend reserve balances to the degree <br />that it would cause the balance to fall below the goal range. <br />2016-4 Roles and <br />Responsibilities <br />Direct Staff to draft language to revise Item F of City Code 208.02 to <br />read: "Review the annual financial information, the annual audit report <br />and management letter and the City’s Investment Policy and portfolio," <br />and to add language to City Code 208.02 as: "Item G: Review City’s <br />financial affairs and bring to the City Council any items of concern or <br />improvements" and" Item H: Perform other duties the City Council <br />assigns." Staff is also directed to send these changes to the Commission <br />prior to providing to the City Council and if there are no changes <br />Finance Director Miller will forward the information to the City Council <br />for review and possible adoption. <br />2017-1 Capital Investment <br />Policy Revised policy that includes priority spending guidelines <br />2017-2 Preliminary Cash Carry <br />Over Fund <br />Preliminary approval of the concept of the creation of the Cash Carry <br />Over Fund and request additional direction from the City Council on <br />the development of a policy. <br />Roseville Finance Commission <br />Recommendation Tracking Tool <br />Item 4: Attachment A