Finance Committee

Regular Meeting of the Finance Committee Held in the Conference Room at City Hall Thursday, February 6, 2020 Notice of this meeting was given to the public in compliance with Sections 10-15-1 through 10- 15-4 NMSA 1978 and Resolution 19-37. ROLL CALL The meeting convened at 8:00 a.m. with Chairman Henderson presiding; Councilors Kennard and Stubbs being present, and Councilor Roebuck being absent. Staff present: Monica Garcia, Sharon Coll, Russell Hardy, Chanel Rey, Becky Hicks, Deanna Garcia, Mike Matthews, Ana Nieto, Jeff Bechtel, Terri Best, Sylvia Casarez, Steven Martinez, Scott Stark, and Lorenzo Sanchez. Guests present: Larry Connolly, Rita Kane-Doerhoefer, Lisa Dunlap, and Mayor Kintigh. APPROVAL OF AGENDA Councilor Stubbs moved to approve the February 6, 2020, regular Finance Committee meeting agenda as presented. Councilor Kennard was the second. A voice vote was unanimous, and the motion passed 3-0, with Councilor Roebuck being absent. APPROVAL OF MINUTES Councilor Stubbs moved to approve the January 2, 2020 regular Finance Committee meeting minutes as presented. Councilor Kennard was the second. A voice vote was unanimous, and the motion passed 3-0, with Councilor Roebuck being absent. NON-ACTION ITEMS Information Reports: Reports were included in the agenda packet. Ms. Garcia handed out the Fund Reports. Staff was present to answer questions. Tyler Update: Ms. Garcia presented the information for the Tyler update. Staff was present to answer questions. FY21 Budget Mission, Vision, & Timeline: Ms. Garcia presented the information for the Fiscal Year 2021 Budget Mission, Vision, and Timeline. Ms. Hicks was present to answer questions. ACTION ITEMS Resolution 20-XX February Monthly Budget Amendment: Ms. Garcia presented the request of Resolution 20-XX to amend the FY2020 approved budget. The amendment included the following:  $43,450 in the General Fund in expense and revenue o $4,292 for Damage Claims for Golf o $15,000 to increase the budget for Interest Income and building maintenance for Parks Department o $24,158 for a Beautification Grant The total amendment to the FY2020 approved budget is $43,450 in revenue and $43,450 in expense. Councilor Stubbs moved to send to full City Council on the consent agenda approval of the amended Resolution 20-XX amending the FY2020 approved budget. Councilor Kennard was the second. A voice vote was unanimous, and the motion passed 3-0, with Councilor Roebuck being absent. PUBLIC PARTICIPATION Mr. Connolly commented on the information reports. ADJOURN The meeting adjourned at 9:04 a.m.