Loading...
COMMITTEE OF THE WHOLE - MINUTES - 6/29/2000 COMMITTEE OF THE WHOLE - CITY OF MUSKEGO Approved 11/9/00 MINUTES OF MEETING HELD JUNE 29, 2000 Mayor De Angelis called the meeting to order at 7:05 PM. Also present were Aldermen Slocomb, Chiaverotti, Le Doux, Patterson, Sanders, Salentine and Wichgers, Finance Director Gunderson. The Finance Director noted the meeting was noticed in accordance with the Open Meeting law. Ald. Chiaverotti moved to approve minutes of meeting held June 1, 2000. Ald. Salentine seconded; motion carried. PERSONAL APPEARANCE Mr. Dave Anderson of Ehlers and Associates, the City’s financial consultant, was present to conduct the first in a series of workshops on preparing a five-year financial management plan. Mr. Anderson outlined the planning process and reviewed key indicators of where the City of Muskego has been financially and where they currently are along with comparisons of these key financial indicators to comparable rated communities. Mr. Anderson also reviewed the City’s equalized valuation growth and projections, debt payment schedules, the history of unreserved fund balances, revenue vs. Expenditures, TIF District status and performance. He also reviewed the status of the Water and Sewer Utilities. The Committee discussed their feelings regarding capital and debt management policies and agreed to schedule the second workshop for th Thursday, July 27 at 7:00 PM. Adjournment Ald. Chiaverotti moved to adjourn at 9:00 PM. Ald. Sanders seconded, motion carried. Respectfully submitted, Dawn R. Gunderson Finance Director