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Attachment A 1 Finance Commission Î Excerpt of June 14, 2022 Minutes 2 3 Review Draft 2023-2042 Capital Improvement Plan & Tentative Funding Strategies 4 5 Finance Director Pietrick reviewed the 2023-2042 draft Capital Improvement Plan and Tentative 6 Funding Strategies with the Commission. 7 8 Ms. Pietrick indicated City Manager Trudgeon and herself reviewed this and are proposing the 9 second-year increase of $200,000 into the Police Vehicle and Equipment Fund. The City did a 10 $200,000 increase in 2022 with an additional $200,000 in 2023 and then in 2024 the City would 11 have the levy capacity to pay for the six firefighters. Staff is also recommending some minor 12 increases in the levy support to the Administration Equipment Fund and the Finance Equipment 13 Fund. Staff is proposing a decrease in the Central Services Equipment Fund and a decrease in the 14 IT Equipment Fund for two years. She provided a few charts and reviewed some of the funds 15 with the Commission. 16 17 Commissioner Bester asked in the 2023 budget there is no anticipation for the campus redesign. 18 19 Ms. Pietrick indicated that the campus redesign is not yet included in the Capital Improvement 20 Plan. The city currently has a conceptual design and this plan will be refined over the next year 21 or so. As the plan becomes firmed up, the cost of the project will become more concrete. At this 22 time, she anticipates that it will be programmed into the CIP with potential funding sources 23 identified. A project of this nature takes time and needs a lot of discussion on the different parts 24 to the project. 25 26 Finance Commission Î Excerpt of July 12, 2022 Minutes 27 28 Draft 2023-2042 CIP 29 Finance Director Michelle Pietrick reviewed the Draft 2023-2042 Capital Improvement Plan and 30 Tentative Funding Strategies with the Commission. 31 32 Chair Davies indicated she found it a little frustrating on the fee supported Capital Funds that it 33 does not break out the revenues so she cannot see which funds have the real deficit. She noted 34 the expenses are broken out. 35 36 Ms. Pietrick reviewed the different funds with their balances over the years. She noted she will 37 send out a revision for the Commission on the water fund. 38 39 The Commission asked financial based questions of Ms. Pietrick regarding past and current 40 budgets. 41 42 Ms. Pietrick indicated this will go before the City Council in September. She asked the 43 Commission to send her any questions or suggestions that can be reviewed at a future meeting. 44 45