HomeMy WebLinkAboutMinutes - Budget and Finance Commission - 1/18/2022MINUTES
BUDGET AND FINANCE COMMISSION
REGULAR SESSION
JANUARY 18, 2022
COUNCIL CHAMBERS
11000 N. LA CAÑADA DRIVE
REGULAR SESSION AT OR AFTER 4:00 PM
CALL TO ORDER - Acting Chair Solverson called the meeting to order at 4:00 P.M.
ROLL CALL
Present: Cathy Solverson, Acting Chair
Michael Mason, Commissioner
James Beasley, Commissioner
Absent:John Latchford, Chairman
Staff Present:David Gephart, Chief Financial Officer
Wendy Gomez, Finance and Budget Administrator
Chris Hutchison, Senior Budget Analyst
Tobin Sidles, Legal Services Director
Joseph Winfield, Mayor
Brian Hemmerle, Auditor
PLEDGE OF ALLEGIANCE - Acting Chair Solverson led the group in the Pledge of Allegiance.
CALL TO AUDIENCE - No comments were received.
COUNCIL LIAISON COMMENTS
Mayor Joseph Winfield thanked the commission for all the work they've provided for the Town and stated the
next Town Council meeting would address an audit report and study session.
STAFF LIAISON REPORT
Chief Financial Officer David Gephart reported on the following:
- ASRS and PSPRS pension plans
- budget season is underway and departments can begin making budget requests soon
- the finance team has been busy with calendar year-end items
REGULAR SESSION AGENDA
1.REVIEW AND APPROVAL OF THE NOVEMBER 15, 2021 REGULAR SESSION MEETING MINUTES
Motion by Commissioner James Beasley, seconded by Commissioner Michael Mason to approve the
Motion by Commissioner James Beasley, seconded by Commissioner Michael Mason to approve the
November 15, 2021 meeting minutes as written.
Vote: 3 - 0 Carried
2.PRESENTATION AND DISCUSSION OF TOWN ANNUAL COMPREHENSIVE FINANCIAL REPORT
AND SINGLE AUDIT FOR FISCAL YEAR ENDED JUNE 30, 2021
Auditor Brian Hemmerle with Henry+Horne presented on Agenda Item #2.
Discussion ensued amongst staff and commissioners.
3.PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 21/22 FINANCIAL UPDATE
THROUGH NOVEMBER 2021
Finance and Budget Administrator Wendy Gomez presented on Agenda Item #3.
Discussion ensued amongst staff and commissioners.
FUTURE AGENDA ITEMS
- a future presentation regarding PSPRS
- a potential joint study session with Town Council
ADJOURNMENT
Motion by Commissioner Michael Mason, seconded by Commissioner James Beasley to adjourn the
meeting at 5:08 P.M.
Vote: 3 - 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 January, 2022. I
further certify that the meeting was duly called and held and that a quorum was present.
Dated this 20 day of January, 2022.
___________________________
Alison Cote
Legal Secretary