Finance Committee

Special Finance Committee Meeting City Hall – Large Conference Room 425 N. Richardson Tuesday, May 3, 2022 Notice of this meeting was given to the public in compliance with Sections 10-15-1 through 10-15-4 NMSA 1978 and Resolution 22-14. ROLL CALL The meeting convened at 4:00 p.m. with Chairman Corn presiding; Councilors Heldenbrand and Foster present and Councilor Perry participating via GoToMeeting. Staff present: Joe Neeb, Juan Fuentes, Mike Matthews, Juanita Jennings (via GoToMeeting), Janie Davies, Renee Trujillo, Louis Najar (via GoToMeeting) Guests present: Mayor Timothy Jennings, Councilor Jeanine Best, Councilor Oropesa, Juno Ogle (Roswell Daily Record), Larry Connolly, Andrea Moore (via GoToMeeting), Rita Kane-Doerhoefer (via GoToMeeting) NON-ACTION ITEMS Review and discussion of reports as part of the budget process for the Fiscal Year 2023: Ms. Davies and Mr. Fuentes presented information on how the City of Roswell prepares its municipal budget. The following areas were specifically discussed with the Committee and City Manager Joe Neeb: • Revenue Projections • Enterprise Funds • 70/30 Cost Recovery Projections • A/P Aging Report Projections • Transfers • Debt Service Schedule FOR THE RECORD: Councilor Perry left the meeting at 5:09 p.m. FOR THE RECORD: Councilor Foster left the meeting at 5:23 p.m. ADJOURN Due to the loss of a quorum, the meeting adjourned at 5:23 p.m.