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HomeMy WebLinkAbout1991 12-09 FTFM. MINUTES OF TUB PROCEEDINGS OF THE FINANCIAL TASK FORCE OF THE CITY OF BROOKLYN CENTER DBCSliBffit 9, 1991 CITY HALL CA" TO QRDIM Chair Melly, members Escher, Kanatx, and Christensen. Members absent were Boyd, Peppin and Boran. Also present were City Manager Splinter and Finance Director Holmlund. There was a motion by Escher and seconded by Christensen to approve the minutes of the November 12, 1991, and November 18, 1391, meetings. The motion passed unanimously. Chair Kelly asked Finance Director Holmlund to review the Financial Management Policies as it relates to changes from the last draft as requested by the Task Force members. Finance Director Holmlund reviewed the changes in the management policy from the first draft and the suggestions made by various members. Chair Kelly stated there seemed to be agreement by those present on all items except item #4 under the Financial Reserve Policies and he suggested, and members agreed, they wait for Member Soran0s presence before they approve the 12/9/91 draft of the Financial Management Policies. Chair Kelly requested City Manager Splinter to review the prioritizing process draft dated December 51 1991. After discussion of the various aspects of the prioritizing process the membership requested the City Manager to rework and reword the Methodology section of the document to reflect the Task Forcers request for clarification and amplification of their role. Chair Kelly stated he would like to set the two meetings in January as follows: January +6, 1992, and January 22, 1992. It was decided the three items on the agenda for the January 6, 1992, meeting will be the prioritization process, Public Works department presentation and a discussion of the Fund balance section of the Financial Management Policy. ADJa MM Chair Kelly adjourned the meeting at 8:54 p.m. 0 12-9-91 -1-