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HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 2/21/2023MINUTES BUDGET AND FINANCE COMMISSION REGULAR SESSION FEBRUARY 21, 2023 HOPI CONFERENCE ROOM 11000 N. LA CAÑADA DRIVE            REGULAR SESSION AT OR AFTER 4:00 PM   CALL TO ORDER - Chair Mason called the meeting to order at 4:00 P.M.   ROLL CALL Present: Michael Mason, Chair Heather Laird, Vice Chair Gerald LeMay, Commissioner John Fortunato, Commissioner Jennifer Carr, 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 Mason 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: - The Oro Valley Town Manager search is underway. - The budget process is ongoing for Town Staff. - OVCN is no longer on the agenda for March 1st.   REGULAR SESSION AGENDA   1.REVIEW AND APPROVAL OF THE JANUARY 17, 2023 REGULAR SESSION MEETING MINUTES       Motion by Commissioner Gerald LeMay, seconded by Vice Chair Heather Laird to approve the January 17, 2023 regular session meeting minutes as written.  Vote: 5 - 0 Carried   2.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 22/23 FINANCIAL UPDATE THROUGH DECEMBER 2022    2/21/23 Minutes: Budget and Finance Commission 1    Deputy Finance Director Wendy Gomez presented on Agenda Item #3. Discussion ensued amongst staff and commissioners.   3.PRESENTATION AND DISCUSSION OF PSPRS PENSION FUNDING AND RELATED PENSION FUNDING POLICY       Chief Financial Officer David Gephart presented on Agenda Item #2. Discussion ensued amongst staff and commissioners.   COUNCIL LIAISON COMMENTS Mayor Joseph Winfield commented on the following: - The Strategic Leadership Plan and General Plan process - Thank you to Budget and Finance Commission members for their commitment. - Agenda items from the previous Town Council Meeting. - Agenda items for upcoming Town Council Meetings.   FUTURE AGENDA ITEMS - PSPRS topics.   ADJOURNMENT    Motion by Commissioner Jennifer Carr, seconded by Commissioner Gerald LeMay to adjourn the meeting at 5:30 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 21 day of February, 2023. I further certify that the meeting was duly called and held and that a quorum was present. Dated this 23 day of February, 2023. ___________________________ Alison Cote Paralegal I 2/21/23 Minutes: Budget and Finance Commission 2