HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 3/21/2023MINUTES
BUDGET AND FINANCE COMMISSION
REGULAR SESSION
MARCH 21, 2023
COUNCIL CHAMBERS
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: Jennifer Carr, Commissioner
John Fortunato, Commissioner
Heather Laird, Vice Chair
Michael Mason, Chair
Absent:Gerald LeMay, Commissioner
Staff Present:David Gephart, Chief Financial Officer
Wendy Gomez, Deputy Finance Director
Chris Hutchison, Senior Budget Analyst
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:
- Budget season is underway.
- On April 18, 2023, the Town Manager recommended budget will be presented and will be distributed to
Council the Budget and Finance commission on April 14, 2023.
- Town Manager search is ongoing and a projected finalist should be announced in early May 2023.
- The Town is updating its two (2) year strategic plan, with a study session on April 5, 2023.
- The Vistoso Trails Nature Preserve consultant has drafted a master plan which is scheduled to be reviewed by
Council for approval in May.
REGULAR SESSION AGENDA
1.REVIEW AND APPROVAL OF THE FEBRUARY 21, 2023 REGULAR SESSION MEETING MINUTES
Motion by Commissioner Jennifer Carr, seconded by Vice Chair Heather Laird to approve the
February 21, 2023 regular session meeting minutes as written.
Vote: 4 - 0 Carried
2.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 22/23 FINANCIAL UPDATE
03/21/2023 Minutes, Budget and Finance Commission Meeting 1
2.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 22/23 FINANCIAL UPDATE
THROUGH JANUARY 2023
Deputy Finance Director, Wendy Gomez, presented on Agenda Item #2.
Discussion ensued amongst staff and commissioners.
3.DISCUSSION AND POSSIBLE RECOMMENDATION OF DRAFT PUBLIC SAFETY PERSONNEL
RETIREMENT SYSTEM (PSPRS) PENSION FUNDING POLICY FOR FISCAL YEAR ENDING JUNE
30, 2024.
Chief Financial Officer, David Gephart, presented on Agenda Item #3.
Discussion ensued amongst staff and commissioners.
COUNCIL LIAISON COMMENTS
No comments were received.
FUTURE AGENDA ITEMS
- Revisit Agenda Item #3 at the next meeting to discuss and approve edits to pension policies.
ADJOURNMENT
Motion by Commissioner Jennifer Carr, seconded by Vice Chair Heather Laird to adjourn the meeting
at 4:52 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 21st day of March, 2023. I
further certify that the meeting was duly called and held and that a quorum was present.
Dated this 21st day of March, 2023.
___________________________
Melissa Flores
Legal Secretary
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