HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 6/21/2022MINUTES
BUDGET AND FINANCE COMMISSION
REGULAR SESSION
JUNE 21, 2022
COUNCIL CHAMBERS
11000 N. LA CAÑADA DRIVE
REGULAR SESSION AT OR AFTER 4:00 PM
CALL TO ORDER - Acting Chair Mason called the meeting to order at 4:00 P.M.
ROLL CALL
Present: Michael Mason, Acting Chair
James Beasley, Commissioner
John Fortunato, Commissioner
Jack Longley, Commissioner
Absent:Cathy Solverson, Chair
Staff Present:David Gephart, Chief Financial Officer
Wendy Gomez, Finance and Budget Administrator
Chris Hutchison, Senior Budget Analyst
Joseph Winfield, Mayor
Joe Andrews, Chief Civil Deputy
PLEDGE OF ALLEGIANCE - Commissioner Fortunato 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:
- FY 2021/2022 is ending in one week.
- Budget for FY 2022/2023 was adopted at the last town council meeting.
- Class and compensation study.
- Condolences to John Latchford and his family.
REGULAR SESSION AGENDA
1.REVIEW AND APPROVAL OF THE MAY 17, 2022 REGULAR SESSION MEETING MINUTES
Motion by Commissioner James Beasley, seconded by Commissioner Jack Longley to approve the
May 17, 2022 meeting minutes as written.
Vote: 4 - 0 Carried
2.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 21/22 FINANCIAL UPDATE
THROUGH APRIL 2022
Finance and Budget Administrator Wendy Gomez presented on Agenda Item #2.
Discussion ensued amongst staff and commissioners.
3.PRESENTATION AND POSSIBLE DISCUSSION REGARDING THE TOWN'S FIVE-YEAR FINANCIAL
FORECAST THROUGH FY 2027/28
Finance and Budget Administrator Wendy Gomez presented on Agenda Item #3.
Discussion ensued amongst staff and commissioners.
4.PRESENTATION AND DISCUSSION OF THE TOWN FY2023 ADOPTED BUDGET
Chief Financial Officer David Gephart presented on Agenda Item #4.
Discussion ensued amongst staff and commissioners.
COUNCIL LIAISON COMMENTS
Mayor Joseph Winfield commented on the following:
- The next Town Council meeting is on July 6, 2022.
- The Class and Compensation Study will be on the agenda for the July 6, 2022 Town Council meeting.
FUTURE AGENDA ITEMS
No future agenda items were discussed.
ADJOURNMENT
Motion by Commissioner James Beasley, seconded by Commissioner Jack Longley to adjourn the
meeting at 5:05 P.M.
Vote: 4 - 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 21 day of June, 2022. I
further certify that the meeting was duly called and held and that a quorum was present.
Dated this 23 day of June, 2022.
___________________________
Alison Cote
Legal Secretary