Finance Committee

Special Meeting of the Finance Committee Held in the Conference Room at City Hall May 17, 2016 Notice of this meeting was given to the public in compliance with Sections 10-15-1 through 10- 15-4 NMSA 1978 and Resolution 15-56. ROLL CALL The meeting convened at 8:00 a.m. with Chairman Grant presiding and Councilors Henderson and Perry being present. Councilor Denny was absent. Staff present: Steve Polasek, Arthur Torrez, Jonathan Phillips, Devin Graham, Mike Mathews, Steve Miko, DeAnna Phillips, Toni Reeves, Danny Renshaw, Scott Stark, Jennifer Brady, Jason Sweatfield, Quinton Miller, Monica Garcia and Deanna Garcia. Councilor Oropesa was also present. APPROVAL OF AGENDA Councilor Perry moved to approve the May 17, 2016 Special Finance Committee Meeting Agenda as presented. Councilor Henderson was the second. A voice vote was unanimous and the motion passed with Councilor Denny being absent. REGULAR ITEMS Resolution 16-36 – Preliminary Budget for the City of Roswell for fiscal year ending June 30, 2017. Mr. Polasek gave a presentation on Resolution 16-36 as follows: 1. Budget Assumption 2. Budget Process  Timeline  Process  Preliminary vs. Final 3. Major Fund Overview  Fund Balances 4. Revenue vs. Expenditures 5. Budget Detail Highlights  General Fund  Water/Wastewater  Sanitation  Airport  Capital Purchases 6. Next Steps Councilor Henderson moved to amend Resolution 16-36 – Preliminary Budget for the City of Roswell for fiscal year ending June 30, 2017 by transferring $3,500 to the NMML fund from the difference fund. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Denny being absent. Councilor Perry moved to send to full City Council Resolution 16-36 – Preliminary Budget for the City of Roswell for fiscal year ending June 30, 2017 as amended. Councilor Henderson was the second. A voice vote was unanimous and the motion passed with Councilor Denny being absent. PUBLIC PARTICIPATION Molly Boyles had questions for the Streets Department concerning their equipment. Juliana Halvorson and Tom Blake discussed MainStreet Roswell ideas, goals and projects. ADJOURN The meeting adjourned at 9:43 a.m.