HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 4/16/2024MINUTES
BUDGET AND FINANCE COMMISSION
REGULAR SESSION
APRIL 16, 2024
COUNCIL CHAMBERS
11000 N. LA CAÑADA DRIVE
REGULAR SESSION AT OR AFTER 4:00 PM
CALL TO ORDER
Chair Mason call to order the meeting at 4:01 PM.
ROLL CALL
Present: Jennifer Carr, Vice Chair
Joyce Garland, Member
Michael Mason, Chair
Absent:Gerald LeMay, Member
Matthew Miller, Member
Staff Present:Joe Winfield, Mayor
Jeff Wilkins, Town Manager
David Gephart, Chief Financial Officer
Wendy Gomez, Deputy Finance Director
Chris Hutchison, Senior Budget Analyst
Tobin Sidles, Legal Services Director
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:
- Staff has been busy preparing the Town Manager's Recommended Budget for distribution, and it will be
distributed amongst Commissioners later this month.
- At the last Town Council Meeting, the Town Council approved the replacement of the bridge at Pusch Ridge
Golf Course Hole 7, and the Town Council approved using the Community Center Reserves to accomplish that
replacement.
- At the next Town Council Meeting the following items will be addressed:
- Review of the Vistoso Trails Nature Preserve Master Plan;
- Funding of a replacement shade structure at Steam Pump Ranch that was hit by a motorist; and
- Review the Town's Agreement with VisitTucson.
REGULAR SESSION AGENDA
1.REVIEW AND APPROVAL OF THE MARCH 19, 2024 REGULAR SESSION MEETING MINUTES
Motion by Vice Chair Jennifer Carr, seconded by Member Joyce Garland to approve the March 19,
4/16/24 Minutes, Budget and Finance Commission Regular Session 1
Motion by Vice Chair Jennifer Carr, seconded by Member Joyce Garland to approve the March 19,
2024 Regular Session Meeting Minutes as written.
Vote: 3 - 0 Carried
2.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 23/24 FINANCIAL UPDATE
THROUGH FEBRUARY 2024
Chris Hutchison, Senior Budget Analyst, presented on Agenda Item Number 2. No discussion ensued.
3.DISCUSSION AND POSSIBLE RECOMMENDATION OF DRAFT PUBLIC SAFETY PERSONNEL
RETIREMENT SYSTEM (PSPRS) PENSION FUNDING POLICY FOR FISCAL YEAR ENDING JUNE
30, 2025
David Gephart, Chief Financial Officer, presented on Agenda Item Number 3. Discussion ensued
amongst Commissioners and Staff.
Motion by Vice Chair Jennifer Carr, seconded by Member Joyce Garland to approve the changes to
the Draft Public Safety Personnel Retirement System (PSPRS) Pension Funing Policy for Fiscal Year
Ending June 30, 2025.
Vote: 3 - 0 Carried
4.REVIEW, DISCUSSION AND POSSIBLE ACTION ON PROPOSED DRAFT FINANCIAL AND
BUDGETARY POLICIES
David Gephart, Chief Financial Officer, leads discussion amongst Commissioners and Staff.
Motion by Vice Chair Jennifer Carr, seconded by Member Joyce Garland to recommend draft financial
and budgetary policies to Town Council for approval as presented.
Vote: 3 - 0 Carried
5.PRESENTATION AND POSSIBLE DISCUSSION REGARDING THE TOWN'S FIVE-YEAR FINANCIAL
FORECAST THROUGH FY 2028/29
David Gephart, Chief Financial Officer presents on Agenda Item Number 5. Discussion ensued amongst
Commissioners and Staff. Commissioner Lemay arrives at 5:53 PM.
COUNCIL LIAISON COMMENTS
Mayor Winfield provided the following comments:
- The Town of Oro Valley is in our 50th Year Anniversary and the Town has recently had some events:
- On April 6, the Town had a parade.
- On April 13, the community wide celebration at James D. Kriegh Park.
- Parks and Recreation took most of the weight for the celebrations, as well as Oro Valley Police
Department.
- This month was when the Town was officially incorporated.
- The Mayor further encourages the Commissioners to go onto the Oro Valley website to view the videos,
articles, and podcasts that have been made available for the 50th Anniversary.
- Oro Valley's Path Forward is still underway and there have been 3,000 individuals whom responded to
the survey, as well as, 6,000 comments received. This far exceeds community input from the previous
General Plan.
Discussion held amongst Commissioners.
4/16/24 Minutes, Budget and Finance Commission Regular Session 2
ADJOURNMENT
Motion by Member Gerald LeMay, seconded by Vice Chair Jennifer Carr to adjourn the meeting at
6:03 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 16 day of April, 2024. I
further certify that the meeting was duly called and held and that a quorum was present.
Dated this 16 day of April, 2024.
___________________________
Melissa Flores
Legal Secretary
4/16/24 Minutes, Budget and Finance Commission Regular Session 3