HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 10/18/2022MINUTES
BUDGET AND FINANCE COMMISSION
REGULAR SESSION
OCTOBER 18, 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 4:05 P.M.
ROLL CALL
Present: Cathy Solverson, Chair
Michael Mason, Vice Chair
James Beasley, Commissioner
John Fortunato, Commissioner
Staff Present:David Gephart, Chief Financial Officer
Wendy Gomez, Deputy Finance Director
Tobin Sidles, Legal Services Director
Joseph Winfield, Mayor
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:
- Council tabled the General Fund to Water Fund loan. Staff expects to bring this back for Council consideration
in December.
- Establishing an additional Commission for Health Benefits Trust.
REGULAR SESSION AGENDA
1.REVIEW AND APPROVAL OF THE SEPTEMBER 20, 2022 REGULAR SESSION MEETING MINUTES
Motion by Commissioner James Beasley, seconded by Vice Chair Michael Mason to approve the
September 20, 2022, regular session meeting minutes as written.
Vote: 4 - 0 Carried
2.REVIEW, DISCUSSION AND POSSIBLE ACTION ON PROPOSED TOWN FINANCIAL AND
BUDGETARY POLICIES
Discussion ensued amongst Chief Financial Officer David Gephart and Commissioners on proposed
Town Financial and Budgetary policies.
Determination is that Finance will bring back Proposed Town Financial and Budgetary Policies after
edits.
3.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 22/23 FINANCIAL UPDATE
THROUGH AUGUST 2022 (Please reference attachments)
Deputy Finance Director Wendy Gomez presented on Agenda Item #3.
Discussion ensued amongst staff and commissioners.
COUNCIL LIAISON COMMENTS
Mayor Joseph Winfield commented on the following:
- Town Manager Mary Jacobs submitted resignation on September 23, 2022.
- Deputy Town Manager Chris Cornelison is the Acting Town Manager.
- Human Resources began the process for securing an Executive Search Firm.
- Naranja Park update
- Ribbon cutting for Golf/Tennis court on October 26, 2022.
- State of the Town is on October 27, 2022.
FUTURE AGENDA ITEMS
None at this time.
ADJOURNMENT
Motion by Commissioner James Beasley, seconded by Vice Chair Michael Mason to adjourn the
meeting at 5:15 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 18 day of October, 2022. I
further certify that the meeting was duly called and held and that a quorum was present.
Dated this 7 day of November, 2022.
___________________________
Andrea Sirois
Executive Assistant to Town Manager, Mayor and Council