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REQUEST FOR COUNCIL ACTION <br /> Date:September 14, 2020 <br /> Item No.: 7.a <br />Department Approval City Manager Approval <br /> <br />Item Description: Receive Finance Commission recommendations on the 2021 City Manager <br />recommended budget, tax levy and 2021-2040 CIP <br />1 B ACKGROUND <br />2 The Finance Commission reviewed the 2021-2040 Capital Improvement Plan and the 2021 City Manager <br />3 recommended budget & tax levy at their meetings in August and September. The Commission’s finding <br />4 and recommendations are highlighted below. <br />5 <br />6 2020 City Manager Recommended Budget & Tax Levy <br />7 On September 8, 2020, the Finance Commission had a discussion on the City Manager’s Recommended <br />8 Budget & Tax Levy. The Finance Commission unanimously approved a motion to recommend the initial <br />9 (preliminary) levy be increased to fund the additional officers that were removed, pending further <br />10 justification from the police chief with regard to the need and also more information as to why the City <br />11 Manager cut the positions. Finance Commission Chair will provide information about the discussion. <br />12 <br />13 2021-2040 Capital Improvement Plan and Funding Strategies <br />14 On September 8, 2020, the Finance Commission had a discussion on the 2021-2040 Capital Improvement <br />15 Plan (CIP). The Finance Commission unanimously approved the 2021-2040 CIP with the funding <br />16 strategies outlined as previously submitted to the City Council. The Finance Commission Chair will <br />17 provide information about the discussion. <br />18 <br />19 The Chair of the Finance Commission and one other member of the commission will be in attendance at <br />20 the meeting to present their findings and recommendations. <br />21 P OLICY O BJECTIVE <br />22 See above. <br />23 F INANCIAL I MPACTS <br />24 Not applicable. <br />25 S TAFF R ECOMMENDATION <br />26 Not applicable. <br />27 R EQUESTED C OUNCIL A CTION <br />28 The Council is asked to receive the findings and recommendations from the Finance Commission and <br />29 determine the appropriate next steps. <br />30 <br />Prepared by: Michelle Pietrick, Finance Director Attachments: None <br />Page 1 of 2 <br /> <br />