Meeting Summary
The Finance Committee discussed a potential sidewalk recoupment program, exploring various funding and assessment mechanisms to address gaps and repairs in the city's sidewalk infrastructure. The committee also reviewed the monthly revenue and expenditure report, noting the general fund is on budget and excise taxes performed well despite sales tax fluctuations. Updates on open city positions were also provided.
Financial Matters
Revenue Expenditure Report
Review of the city's monthly financial status, including general fund performance, excise tax fund strength, and sales tax fluctuations.
Coming Up
Watch For
- Re-adoption of current fiscal year budget (April 20th, 2021)
- Introduction to next fiscal year's budget (April 20th, 2021)
- Federal infrastructure package rules and funding opportunities for sidewalks
Announcements
- Director of Parks and Recreation position closed with many applications
- Recreation Superintendent position at Westwood Golf filled
- Sustainability Coordinator position still open and receiving applications
Agenda Summary
Discussion regarding a sidewalk recruitment program
Presentation on existing ordinances, state law, and potential processes for sidewalk construction and repair, including developer requirements, cost-sharing programs, bond issuance, and assessment processes. Council discussed the need for such a program in older neighborhoods and potential federal infrastructure funding.
Submission of the revenue expenditure report
Presentation of the monthly revenue and expenditure report, highlighting the general fund being on budget (excluding CARES Act grants) and strong performance in the excise tax fund. Noted sales tax fluctuations due to external factors like the February freeze and stimulus checks.
Submission of the report on open positions
Update on open city positions, including the closure of the Director of Parks and Recreation position with numerous applications, the filling of the Recreation Superintendent at Westwood Golf, and ongoing applications for the Sustainability Coordinator.
Miscellaneous comments
City Manager reminded council members to reach out with budget questions and confirmed the upcoming Tuesday meeting will include a vote to re-adopt the current fiscal year budget and an introduction to next fiscal year's budget.