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Attachment B <br />2 B ACKGROUND <br />3 Earlier this year, the City established a joint meeting between the City Council and Finance Commission <br />4 to review activities during the past year, to receive any Commission guidance or <br />5 recommendations, and to identify potential topics for future discussion. <br />6 <br />7 During the past year, the Finance Commission conducted the following discussions or activities: <br />8 <br />9 Continued the discussion on the use of a financial dashboard <br />:Reviewed citizen Budget Comment Card content and layout <br />21 Reviewed property tax and utility rate comparisons of peer cities <br />22 Reviewed the Capital Improvement Plan (CIP) document format <br />23 Reviewed the 2018-2037 CIP <br />24 Establish priorityrankings for the items contained in the CIP <br />25 Discussed the creation of a Cash Reserve Fund <br />26 Toured the Fire Station, Maintenance Facility, and Skating Center <br />27 <br />28 Reviewed the use of Police Forfeiture Funds <br />29 Received a historical financial and tax levy review + 5-year projection <br />2:Discussed the 2016 cash reserve balances <br />31 Reviewed the 2016 Audit & Annual Report <br />32 <br />33 <br />34 During the last few months, the Finance Commission identified a few topics that they desired to share <br />35 and discuss at the joint meeting. They include: <br />36 <br />37 1)(see Attachment A)which <br />38 identifies prior Commission recommendations to the City Council as well as their status. <br />39 2)A recommendation t <br />3:208.02(See Attachment B); to move a portion of Section F to Section G and include two separate <br />41 sections that were inadvertently omitted earlier this year: <br />42 <br />43 concern or improvements <br />44. <br />45 <br /> <br />