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City Council - Budget and Finance Committee

Regular Meeting

Bellingham, WA · August 31, 2020

AgendaMinutesPacketVideo Recording

Minutes

City of Bellingham Finance and Economic Development Committee Minutes August 31, 2020, 3:10 PM Mayor Seth Fleetwood Contact: (360) 778-8200, ccmail@cob.org Council Members, Pinky Vargas, Chair www.cob.org/council Lisa Anderson, Hollie Huthman All meetings are held in the City Hall Council Chambers at 210 Lottie Street, Bellingham, WA, unless otherwise noted. Call to Order Roll Call Present: Committee Chair Pinky Vargas, Fourth Ward Committee Member Lisa Anderson, Fifth Ward Committee Member Hollie Huthman, At-Large Council Standing Committee Meetings: Open to the public to attend. Note: there is generally no public comment period for Committee sessions. Standing Committee Members receive reports and information, ask questions and, when appropriate, vote on a recommended action for consideration by the full Council at the Regular Meeting. The notice of Committee Meetings identified below also serves as notice of Special Meetings of the City Council at the times identified as Council Members who are not members of the committee routinely attend and participate in the Committee Meetings. Committee Chairs give a report of the Committee Meeting at the Regular Meeting in the evening prior to deliberation and formal vote in the order shown below: Finance and Economic Development Pinky Vargas, Chair Lisa Anderson, Hollie Huthman 22742 1. City Financial Update and Forecast p. 3 Andy Asbjornsen, Finance Director, provided a City Financial Update & Forecast. He provided the Budget Timeline that includes the following key dates: October 1, 2020: Budget delivered to Council October 12, 2020: Budget introduction October - November: Budget work sessions November 9, 2020: 2021- 2022 Revenue Forecase November 23, 2020: Council Adopts Property Tax Ordinance December 7, 2020: Introduce Budget Ordinance December 14, 2020: Council Adopts Budget Finance and Economic Development Committee Minutes Page 1 August 31, 2020 Council Members asked questions. Information only. Adjournment There being no further business, the meeting adjourned at 3:57 p.m. Finance and Economic Development Committee Minutes Page 2 August 31, 2020

Agenda

City of Bellingham Finance and Economic Development Committee Agenda August 31, 2020, 3:10 PM Mayor Seth Fleetwood Contact: (360) 778-8200, ccmail@cob.org Council Members, Pinky Vargas, Chair www.cob.org/council Lisa Anderson, Hollie Huthman All meetings are held in the City Hall Council Chambers at 210 Lottie Street, Bellingham, WA, unless otherwise noted. Council members will participate in this meeting remotely through an online web-based meeting platform. Per Washington State Proclamation 20-28, in-person attendance at meetings is prohibited at this time. Council meetings are streamed live via the City’s website at meetings.cob.org and on the City’s YouTube channel. Meetings are broadcast in high definition on BTV on Comcast channel 321, and in standard definition on Comcast channel 10. Members of the public who do not have cable or Internet access may contact the City Council office to receive phone numbers in order to listen to the meeting via telephone. Those who would like to listen in by phone can do so using any of the following phone numbers:  (253) 215-8782  (346) 248-7799  (669) 900-6833  (301) 715-8592  (312) 626-6799  (929) 205-6099 Meeting ID: 932 1942 0953 Password: 9 Call to Order Council Standing Committee Meetings: Open to the public to attend. Note: there is generally no public comment period for Committee sessions. Standing Committee Members receive reports and information, ask questions and, when appropriate, vote on a recommended action for consideration by the full Council at the Regular Meeting. The notice of Committee Meetings identified below also serves as notice of Special Meetings of the City Council at the times identified as Council Members who are not members of the committee routinely attend and participate in the Committee Meetings. Committee Chairs give a report of the Committee Meeting at the Regular Meeting in the evening prior to deliberation and formal vote in the order shown below: Finance and Economic Development Pinky Vargas, Chair Lisa Anderson, Hollie Huthman 22742 1. City Financial Update and Forecast p. 3 Adjournment Agenda Information: Council Committee and Regular Meeting agendas and agenda packets, which contain the supporting documentation for agenda items, are available to the public Wednesday afternoon prior to the meeting. They are posted at https://meetings.cob.org/. Meetings are streamed live on the internet as they occur. Accessibility: The Council Chambers is fully accessible. Elevator access to the second floor is available at City Hall’s west entrance. Hearing assistance is available and a receiver may be checked out through the clerk prior to the evening session. For additional accommodations, contact the Legislative Assistant at 778-8200 in advance of the meeting. Thank you. Next City Council Committee Meetings Monday, September 14, 2020 Deadline to submit material for any public hearing for inclusion in the published agenda packet is 8:00 a.m. on Wednesday prior to the meeting.

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