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HomeMy WebLinkAbout1998 04-07 FCA~ AGEN : X____ BROOKLYN CENTER FINANCIAL COMMISSION April 7, 1998 City Hall Conference Room B 1. Call to Order: 7:00 P.M. 2. Roll call. 3. Approval of Minutes: January 22, 1998. 4. Approval of the Agenda. 5. Report on Adequate General Fund Balance Policy Formula. The City Council adopted the recommended formula on March 23, 1998. 6. Report on a draft Policy and Procedure Relating to City Contractual Services For Nonprofit Organizations. 7. Discussion of the process for recommending a compensation level for the Mayor and Council Members for 1999 and 2000. 8. Discussion of upcoming Requests for Proposals for Professional Services: a. Custodian for Investment Securities b. Financial Advisor for Bond Sales 9. Update on status of Police- & Fire Building Project. 10. Set date of next meeting. 11. Adjournment: 9:00 P.M. The Financial Commission asked to receive copies of monthly financial reports submitted to the City Council. The following reports are attached for your review. General Fund Summary Budget Report - February 28, 1998 Liquor Stores Financial Statements - February 28, 1998