Finance Committee

City of Annapolis 160 Duke Of Gloucester Street Annapolis, MD 21401 Standing Committee Meeting Minutes - Final Wednesday, July 16, 2025 9:30 AM Special Meeting Mayor John T. Chambers, Jr. City Council Chambers Finance Committee Finance Committee Standing Committee Meeting July 16, 2025 Minutes - Final Call To Order Roll Call Approval of Agenda (any changes to the agenda should be made here) Business and Miscellaneous Approval of Minutes FC 7.2.25 Regular Meeting Minutes Attachments: FC 7.2.25 Alderwoman O'Neill moved to approve FC 7.2.25. Seconded. CARRIED on voice vote. Supplemental Appropriations SA-1-26 Grant - Fire - The American Trauma Society Attachments: SA-1-26 Alderwoman Finlayson moved to recommend SA-1-26 favorably. Seconded. CARRIED on voice vote. Fund Transfers FT-1-26 General - Central Services Department/ City Manager - Salaries & Benefits Attachments: FT-1-26 Acting City Manager Buckland, Finance Director Moran and Central Services Director Flinner was present to answer questions from the committee. Alderwoman O'Neill moved to recommend FT-1-26 favorably. Seconded. A roll call vote was taken. The motion CARRIED by the following vote: Aye: 2- Alderwoman O'Neill and Alderman Huntley Nay: 1- Alderwoman Finlayson Legislation City of Annapolis Page 2 Finance Committee Standing Committee Meeting July 16, 2025 Minutes - Final O-12-25 Prioritizing Affordable Spending Through Expansion of Financial Advisory Commission Duties For the purpose of listing the duties of the Financial Advisory Commission; adding "spending affordability" to review the City's finances so that spending levels align with the City's income, and reviewing projected revenue, debt levels, and long-term fiscal outlook; and generally related to the Financial Advisory Commission. Sponsors: Arnett Attachments: O-12-25 First Reader O-12-25 Legislative Summary O-12-25 Fiscal Impact Note O-12-25 Staff Report updated O-14-25 Staffing Impact Report updated Alderwoman Finlayson moved to reconsider O-12-25. Seconded. CARRIED on voice vote. Alderwoman Finlayson requested an updated Fiscal Note be attached by the next meeting September 3rd, 2025. Alderwoman Finlayson moved to postpone O-12-25 until the next meeting September 3rd, 2025. Seconded. CARRIED on voice vote. General Discussion ID-18-25 Finance Department Update Attachments: FD Report to Fin Comm 1-8-25 FD Report to Fin Comm 1-22-25 FD Report to Fin Comm 2-19-25 FD Report to Fin Comm 2-26-25 FD Report to Fin Comm 3-19-25 FD Report to Fin Comm 9-3-25 Alderwoman Finlayson requested updated Finance Committee reports from the Finance Department. Director of Finance Moran was present to answer questions from the committee. Adjournment Upon motion duly made, seconded and adopted, the Special Meeting was adjourned at 10:53 am. Kalyn Jackson City Council Associate City of Annapolis Page 3 Finance Committee Standing Committee Meeting July 16, 2025 Minutes - Final Anyone needing reasonable accommodation to be able to participate in a public meeting held by the City of Annapolis should contact Kalyn Jackson at 410.263.7030, by MD Relay (711), or by email at kajackson@annapolis.gov at least five days prior to the meeting date to request assistance. We encourage citizens to attend and participate in City Council Meetings. If you are unable to attend, the meetings can be viewed live on Channel 99/100 for all Comcast subscribers and on Channel 34 for Verizon customers. The meeting can also be viewed on computer and mobile devices by going to http://bit.ly/1gCd4pL, and on Facebook by selecting: http://www.facebook.com/CityofAnnapolis and on Youtube by selecting: http://www.youtube.com/CityofAnnapolis during the meetings. If you miss the live meeting, recordings are available for viewing on http://www.facebook.com/CityofAnnapolis and http://www.youtube.com/CityofAnnapolis. City of Annapolis Page 4