Finance Committee

Regular Meeting of the Finance Committee Held in the Conference Room at City Hall Thursday, January 5, 2017 Notice of this meeting was given to the public in compliance with Sections 10-15-1 through 10-15-4 NMSA 1978 and Resolution 16-69. ROLL CALL The meeting convened at 8:03 a.m. with Chairman Grant presiding and Councilors Perry and Denny being present. Councilor Henderson absent. Staff present: Monica Garcia, Janice Self, Juanita Jennings, Louis Najar, Kevin Dillon, Bill Morris, Steve Miko, Barry Goldstrom, Lupita Everett, Devin Graham, Scott Stark, Ruben Sanchez, Mike Mathews, Mike Stanton, Sharon Coll, Paula Hertwig-Hopkins, Elizabeth Stark-Rankins, Dennis Kintigh, and Becky Hicks. Guests present: Lisa Dunlap, Larry Connolly, David Mantay, Kathy Lay, Molly Boyles, Peggy Seskey, and Mark Roper. APPROVAL OF AGENDA Councilor Denny moved to approve the January 5, 2017 Finance Committee Meeting agenda as presented. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. APPROVAL OF MINUTES Councilor Denny moved to approve the minutes from the December 1, 2016 Finance Committee meeting as presented. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. NON-ACTION ITEMS Informational Reports: Committee members had no questions. Gross Receipts Tax Presentation: Ms. Stark-Rankins presented an overview of where we stand with regards to gross receipts. She provided brief information on the Statutes for use of the Gross Receipts. Dean Baldwin Roof Funding: Ms. Garcia gave an overview of two options for funding for the Dean Baldwin Hangar roof repair. ACTION ITEMS Police Department Server Purchase: Mr. Goldstrom explained the need for the lease of a new server upgrade for the Police Department. The item was not budgeted in FY2016-2017. The lease purchase price is $140,597. The cost will be distributed as follows: 75% Police, 20 % Dispatch (40% County), and 5% Fire. Councilor Perry moved to send to full City Council the request to purchase a new server for the Police Department. Councilor Denny was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. Lodger’s Tax Request – 2017 UFO Festival: Ms. Self presented the request for funding of the 2017 UFO Festival, celebrating their 70th Anniversary, in the amount of $61,750.00 as recommended by the Occupancy Tax Board. Ms. Lay, Ms. Boyles, and Ms. Seskey were available to answer questions from the committee members. Councilor Perry moved to send to full City Council proposed funding of $75,000.00 for the 2017 UFO Festival, with a signed contract. Councilor Denny was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. Proposed Ordinance No. 17-02 – Request Authorization to Advertise for Public Hearing Adopting a Municipal Gross Receipts Tax: Ms. Garcia discussed Proposed Ordinance No. 17-02, requesting authorization to advertise for public hearing adopting a municipal gross receipts tax. The proposed ordinance will impose a municipal gross receipts tax of one eighth of one percent (0.125%) which will be dedicated to general municipal purposes. Councilor Denny moved to send to full City Council Proposed Ordinance No. 17-02. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. Proposed Ordinance No. 17-03 – Request Authorization to Advertise for Public Hearing Adopting a Municipal Infrastructure Gross Receipts Tax: Ms. Garcia discussed Proposed Ordinance No. 17-03, requesting authorization to advertise for public hearing adopting a municipal infrastructure gross receipts tax. The proposed ordinance will impose a municipal infrastructure gross receipts tax of one sixteenth of one percent (0.0625%) which will be dedicated to general municipal purposes. Councilor Denny moved to send to full City Council Proposed Ordinance No. 17-03. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. PUBLIC PARTICIPATION None ADJOURN The meeting adjourned at 9:16 a.m.