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Roseville Finance Commission Agenda Item Page 1 of 2 Memo To: Roseville Finance Commission From: Chris Miller, Finance Director Date: July 11, 2017 Re: Item #6: Identify Discussion Topics for the Joint Meeting with the City Council Background At least once per year, the City Council meets with each Citizen Advisory Commission to review the Commissions’ activities over the previous year and provide direction for the following year. This year’s meeting between the Finance Commission and the Council will take place on Monday, September 18, 2017. The Finance Commission is asked to develop a list of topics that you want to address or seek guidance on. This information will be included in the Council’s 9/18/17 Agenda Packet. In the interest of generating conversation on potential joint meeting topics, here is a general listing of the Commission’s activities and discussions over the past year:  Continued the discussion on the use of a financial dashboard  Reviewed citizen Budget Comment Card content and layout  Reviewed property tax and utility rate comparisons of peer cities  Reviewed the Capital Improvement Plan (CIP) document format  Reviewed the 2018-2037 CIP  Establish priority rankings for the items contained in the CIP  Discussed the creation of a Cash Reserve Fund  Toured the Fire Station, Maintenance Facility, and Skating Center  Reviewed the City’s 2016 Investment Portfolio performance  Reviewed the use of Police Forfeiture Funds  Received a historical financial and tax levy review + 5-year projection  Discussed the 2016 cash reserve balances  Reviewed the 2016 Audit & Annual Report  Reviewed the City’s trial balance summary reports & analysis Approximately 40 minutes will be set aside during the joint meeting for the Commission to present information and seek guidance. It is suggested that the Commission consider selecting a specific Member(s) to address each topic. If you intend to offer any specific recommendations, the Commission is advised to first adopt them, by motion, at your July or August meeting. In contrast, if you’re simply offering the Commission’s general sentiment on a particular topic then a simple acknowledgement of what you intend to convey would probably suffice.