Finance, Assessment and Taxation Committee

COMMON COUNCIL COMMITTEE MEETING FINANCE, TAXATION AND ASSESSMENT COMMITTEE Ginnie Farrell, Chair Meeting called by: Ginnie Farrell, Chair Date: 11-4-20 Time: 5:30PM Invitees/Speakers Nick Blais, Budget Office Committee Members Farrell, Chair ☒ O’Brien ☒ Doesschate ☒ Robinson ☐ Balarin ☒ Present: Council Members Present: Kimbrough, Frederick, Fahey and Conti City Personnel Present: John-Raphael Pichardo, Michele Andre and Danielle Gillespie Minutes Agenda Item (s): Budget Discussion and possible vote on legislation Finance Resolution Number 96.102.20R A RESOLUTION OF THE COMMON COUNCIL ESTABLISHING A CAPITAL RESERVE FUND TO BE KNOWN AS THE “URBAN PLANNING FUND” Finance Resolution Number 97.102.20R A RESOLUTION OF THE COMMON COUNCIL ESTABLISHING A CAPITAL RESERVE FUND TO BE KNOWN AS THE RECREATION RENOVATIONS FUND” Finance Resolution Number 98.102.20R A RESOLUTION OF THE COMMON COUNCIL ESTABLISHING A CAPITAL RESERVE FUND TO BE KNOWN AS THE “GENERAL SERVICES EQUIPMENT FUND” Finance Resolution Number 99.102.20R A RESOLUTION OF THE COMMON COUNCIL ESTABLISHING A CAPITAL RESERVE FUND TO BE KNOWN AS THE “INFORMATION TECHNOLOGY EQUIPMENT FUND” Finance Resolution Number 100.102.20R A RESOLUTION OF THE COMMON COUNCIL ESTABLISHING A CAPITAL RESERVE FUND TO BE KNOWN AS THE “POLICE VEHICLE & EQUIPMENT RESERVE FUND” Questions and Discussion:  Council member Farrell called meeting to order.  Council members O’Brien, Conti, Doesschate and Balarin discussed Common Council budget intent memo.  Nick Blais provided justification for Resolutions 96.102.20R through 100.102.20R.  Council member Doesschate made statements on the Capital Reserve Funds (Resolutions 96.102.20R through 100.102.20R).  The Capital Reserve Fund Resolutions was held for further discussion.  Council member Farrell closed meeting. Public Comment: There was no public comment. Adjourn: The Chairperson asked for a motion to adjourn, which was duly made, seconded, and passed. This meeting was held following Governor Cuomo’s executive order 202.1. It live streamed on Facebook using Zoom as the meeting platform. Link to meeting recording: https://fb.watch/1yZzqxXQsB/