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Attachment B Commissioner Bachhuber stated he would like to see the City maintain the level necessary to cover the needs in a downturn but also maintain a stable tax levy and utilize the City’s funds where they are not needed and not have excess funds not being used where they could be needed. Finance Director Miller stated the separate funds had been created in order to allow for these different departments to manage for their needs now and in the future. By changing this it could potentially change the way departments are managed. Vice Chair Zeller stated the Commission would continue discussions on the cash reserve fund at the next meeting. Commissioner McRoberts asked if staff could provide a breakout of each fund that shows how each department is performing based on their budgets. This could be useful in identifying areas that are consistently under budget and allow the City the opportunity to adjust those budgets. This would reduce the amount of reserve the City has but also potentially reduce the tax levy. Finance Director Miller stated he would provide this information for the next meeting. He also stated he may not know all the whys from the last 5-years but he can provide the data. Identify Discussion Items for the Future Meeting (Dec 12, Jan, 9, Feb. 13, Mar. 13 Vice Chair Zellerstated the next agenda would include continued discussions on the cash reserve fund, continued discussions on the CIP priority rankings, discussion on the 2017 excess TIF funds, and the 2018 work plan. Adjourn Commissioner Bachhuber made a motion, seconded by Commissioner Harold to adjourn the meeting. The motion carried unanimously. Meeting adjourned at 8:40 p.m. Respectfully submitted, Tina Borg TimeSaver Off Site Secretarial, Inc.