HomeMy WebLinkAbout2018 05-24 FCM
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Financial Commission
Regular Meeting Minutes
May 24, 2018
1. Call to Order
The meeting was called to order by Chairperson Ms. Kragness at 6:36 PM.
Members Present:
Commissioners Burke, Kragness, Terefe, Van Der Werf, Dwapu
Members Absent: Commissioners Dobbs, Hedenland (excused)
Finance Director Reinhardt was present.
Council Liaison Lawrence-Anderson was absent.
2. Adoption of the Agenda
Ms. Burke moved adoption of the May 24th, 2018 agenda. The motion was
seconded by Mr. Terefe. With all voting in favor, the agenda was adopted.
3. Minutes
Ms. Burke moved adoption of the minutes from the February 15th, 2018 meeting.
The motion was seconded by Mr. Dwapu. With all voting in favor, the motion was
approved.
4. Comprehensive Plan Engagement Activity
Meg Beekman, Community Development Director provided background on the City
of Brooklyn Center’s 2040 Comprehensive Plan and process. The comprehensive
plan is a requirement of all municipalities in the Twin Cities Metropolitan Area that
expresses and regulates public purpose policies on transportation, utilities, land use,
recreation and housing. The Commission Members participated in a mapping
exercise and responded to a series of questions related to elements of the
community that currently exist, are missing or could be improved. The Planning
Commission is the primarily responsible for creation and execution of the plan.
5. Mayor and City Council Compensation for 2019-2020
Chairperson Kragness introduced and provided background on Mayor and City
Council Compensation to the Financial Commission. Commissioner Van Der Werf
discussed how the last time the compensation was set was based on anticipated
wage adjustments for City employees and that the next opportunity to provide an
adjustment wouldn’t be for two years. Commissioner Burke commented that the
City was on the higher end in comparison cities and was in favor of an incremental
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increase. Chairperson Kragness would be in favor of a higher increase, to make the
City more comparable to New Hope, however a two percent increase for of the two
years would be a fair compromise. The Financial Commission discussed the number
of meetings Council attends and appreciated the work they have done for the City as
a reason an increase should be recommended. Commissioner Terefe made a motion
to recommend an increase of two percent for 2019 and a two percent increase for
2020 for Mayor and City Council Compensation. The motion was seconded by
Commissioner Dwapu. With all voting in favor, the motion was approved.
6. City Investment Presentation
Chairperson Kragness made a motion to table this item to a further meeting, with no
objections, this item was tabled.
7. Future Meeting Dates
Commissioners were made aware the joint work session with the City Council on
June 4th, 2018 to review the auditor’s report. Commissioners were also provided a
schedule for joint City Council/Financial Commission Budget Work Sessions
Adjournment
With no other business to transact, Ms. Kragness adjourned the meeting at 7:43 PM.