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Finance Comm Minutes 09-10-2019
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Finance Comm Minutes 09-10-2019
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Finance Commission Minutes <br />September 10, 2019 <br />Page 4 of 12 <br /> <br />be done through the levy. He would like to see a gradual approach and would hate to shift those <br />reserves. He would feel more comfortable if that process was done through the levy. <br /> <br />Ms. Cynthia White <br />Ms. White thought it was a fair question and also wondered if the Parks and Recreation <br />Commission was caught by surprise that this money was swiftly going to be taken from them and <br />whether or not proper consideration was given that the entire set of monies from Parks and <br />Recreation reserves was going to be swept into this other fund that maybe the Parks and <br />Recreation Commission would not have access to. She thought there may have been some <br />unintended consequences as a result of those decisions that the Finance Commission still may <br />need to deal with. Not just with Emerald Ash but with how that fund should be used and when it <br />is appropriate to give some of those funds back to the Parks and Recreation Commission. <br /> <br />Commissioner Reif noted after hearing a number of perspectives on this he agreed with Chair <br />Hodder that it should be a part of the annual budget process and the Parks and Recreation <br />Commission should make a request for what is needed and what the Commission would like to <br />have and let the Council decide what the Commission gets as opposed to asking the Council to <br />make a six or seven year commitment right now because a lot of things could change in that <br />amount of time. <br /> <br />Commissioner Lee thought it was important to look at having the Cash Reserve as a back up for <br />a rainy day for something that cannot be handled between now and the next time where there is <br />the ability to raise funds. Since it is a new fund, making a judicious approach to when to tap into <br />it or when to dispense the funds might set a tone for the fund and what it can be used for in the <br />future even though it has not been yet. By not setting it up for long term programs using it as a <br />piggy bank for an important item that should be taken care of. <br /> <br />Commissioner Sagisser explained he focuses entirely around what is a Cash Reserve Fund for, <br />short term, so the thing that sticks in his head is the long-term project which makes him think <br />this is not the appropriate use for this fund. If the Parks and Recreation Commission wanted an <br />extra injection of cash next year to go for this, he thought that made sense, as an emergency cash <br />reserve function. <br /> <br />Commissioner Reif moved, seconded by Commissioner Murray to fund the Emerald Ash Borer <br />Program through the normal budgetary process. <br /> <br />COMMISSION DISCUSSION <br /> <br />Commissioner Sagisser asked for a friendly amendment to the motion to add “because of the <br />long-term nature of the request.” <br /> <br />Commissioners Reif and Murray agreed to the amendment. <br /> <br />Commissioner Harold asked what was considered long term. This has a potential to be precedent <br />setting. He noted the Parks and Recreation Commission is requesting five years of funding for a <br /> <br />
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