Budget Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Budget Committee Chair Person Bill Hollander (D-9) Vice Chair Kevin Kramer (R-11) Committee Member Keisha Dorsey (D-3) Committee Member Barbara Sexton Smith (D-4) Committee Member Paula McCraney (D-7) Committee Member Pat Mulvihill (D-10) Committee Member Rick Blackwell (D-12) Committee Member Cindi Fowler (D-14) Committee Member Scott Reed (R-16) Committee Member Markus Winkler (D-17) Committee Member Marilyn Parker (R-18) Thursday, February 14, 2019 4:30 PM Council Chambers Call to Order Chair Person Hollander called the meeting to order at 4:31 p.m. Roll Call Chair Person Hollander introduced the committee members and non-committee members present. A quorum was established. Committee Member Sexton Smith arrived at 4:32 p.m., Vice Chair Kramer arrived at 4:34 p.m., Committee Member Reed arrived at 4:34 p.m., and Committee Member Parker arrived at 4:36 p.m. Committee Member Blackwell left at 6:05 p.m. and Vice Chair Kramer left at 6:31 p.m. Present: 11 - Chair Person Bill Hollander (D-9), Vice Chair Kevin Kramer (R-11), Committee Member Keisha Dorsey (D-3), Committee Member Barbara Sexton Smith (D-4), Committee Member Paula McCraney (D-7), Committee Member Pat Mulvihill (D-10), Committee Member Rick Blackwell (D-12), Committee Member Cindi Fowler (D-14), Committee Member Scott Reed (R-16), Committee Member Markus Winkler (D-17), and Committee Member Marilyn Parker (R-18) Non-Committee Member(s) Council Member Donna L. Purvis (D-5), Council President David James (D-6), Council Member Mark H. Fox (D-13), Council Member Kevin Triplett (D-15), Council Member Anthony Piagentini (R-19), Council Member Stuart Benson (R-20), Council Member Nicole George (D-21), Council Member Robin Engel (R-22), and Council Member Brent Ackerson (D-26) Support Staff Dee Baltimore, Jefferson County Attorney's Office Beth Stenberg and LaTonya Bell, Metro Council Finance Louisville Metro Government Page 1 Budget Committee Action Summary - Final February 14, 2019 Clerk(s) David B. Wagner, CKMC H. Stephen Ott, CKMC Special Discussion 1. ID 19-0205 Review of Fiscal Year 2019 Revenue and Expenses and Outlook for Fiscal Year 2020 - Daniel Frockt and Aaron Jackson, Office of Management and Budget Attachments: 021419 Budget Update on FY19 and FY20.pdf 021419 Capital Status Report FY19 Q2.pdf 021419 FY19 Q2 Revenue.pdf 021419 Q2 FY19 Expenditures.pdf 021419 Q2 FY19 PSC Report.pdf 021419 HANDOUT - The Crossroads Question from OMB.pdf Chair Person Hollander spoke to the item and discussed potential Special Budget Committee meeting dates and times in order to discuss the budget shortfall. He stated the meeting dates and times would be announced once they were finalized. Daniel Frockt and Aaron Jackson, Office of Management and Budget, spoke to the item, gave a presentation, and distributed a handout. Pending Legislation 2. O-038-19 AN ORDINANCE AMENDING LOUISVILLE METRO CODE OF ORDINANCES 110.01 REGARDING THE DEFINITION OF INTERNAL REVENUE CODE. Sponsors:Primary Bill Hollander (D-9) Attachments: O-038-19 V.1 020719 Amend LMCO 110.01 Definition of Internal Revenue Code.pdf A motion was made by Committee Member Mulvihill, seconded by Committee Member Winkler, that this Ordinance be recommended for approval. Angela Dunn, Louisville Metro Revenue Commission, spoke to the item The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Hollander, Kramer, Dorsey, Sexton Smith, McCraney, Mulvihill, Blackwell, Fowler, and Winkler Absent: 2- Reed, and Parker Louisville Metro Government Page 2 Budget Committee Action Summary - Final February 14, 2019 Adjournment Without objection, Chair Person Hollander adjourned the meeting at 6:37 p.m. *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on February 21, 2019. Louisville Metro Government Page 3