HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 5/17/2022MINUTES
BUDGET AND FINANCE COMMISSION
REGULAR SESSION
MAY 17, 2022
COUNCIL CHAMBERS
11000 N. LA CAÑADA DRIVE
REGULAR SESSION AT OR AFTER 4:00 PM
CALL TO ORDER - Chair Solverson called the meeting to order at 4:06 P.M.
ROLL CALL
Present: Cathy Solverson, Chair
Michael Mason, Vice Chair
James Beasley, Commissioner, Attending via Zoom
John Fortunato, Commissioner
Jack Longley, Commissioner
Staff Present:David Gephart, Chief Financial Officer
Mary Jacobs, Town Manager
Chris Hutchison, Senior Budget Analyst
Tobin Sidles, Legal Services Director
Attendees: Joseph Winfield, Town Council Liaison
PLEDGE OF ALLEGIANCE - Chair Solverson led the group in the Pledge of Allegiance.
CALL TO AUDIENCE - No comments were received.
STAFF LIAISON REPORT
Chief Financial Officer David Gephart reported on the following:
- Town Staff is updating the town's 5 Year Forecast and 10 Year CIP.
- Town Manager's budget will be presented to council on 6/1/22 and adopted on 6/15/22
REGULAR SESSION AGENDA
1.REVIEW AND APPROVAL OF THE APRIL 19, 2022 REGULAR SESSION MEETING MINUTES
Motion by Vice Chair Michael Mason, seconded by Commissioner John Fortunato to approve the April
19, 2022 meeting minutes as written.
Vote: 5 - 0 Carried
2.DISCUSSION OF TOWN MANAGER'S RECOMMENDED BUDGET FOR FY 22/23
Staff answered questions from Commissioners regarding Agenda Item #2.
3.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 21/22 FINANCIAL UPDATE
THROUGH MARCH 2022 (Please reference attachments)
Chief Financial Officer David Gephart presented on Agenda Item #3.
Discussion ensued amongst staff and commissioners.
COUNCIL LIAISON COMMENTS
Mayor Joseph Winfield commented on the following:
- Budget sessions were a success
- The agenda items for the Town Council meeting the following night
FUTURE AGENDA ITEMS
- Update on Steam Pump Ranch's future
ADJOURNMENT
Motion by Vice Chair Michael Mason, seconded by Commissioner, Attending via Zoom James
Beasley to adjourn the meeting at 5:25 P.M.
Vote: 5 - 0 Carried
I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the regular session of the
Town of Oro Valley Budget and Finance Commission of Oro Valley, Arizona held on the 17 day of May, 2022. I
further certify that the meeting was duly called and held and that a quorum was present.
Dated this 19 day of May, 2022.
___________________________
Alison Cote
Legal Secretary