Finance Commission

6/8/2021 - Minutes I. Call to Order Members Present: George Cross, Susan Eddy, Shelden Goodwin City Staff Present: Finance Director Angela Aldieri, City Councilor Hal Colston, Interim co City Manager Phoebe Townsend Guests Present: N/A Call to Order by: Sheldon Goodwin Meeting Start Time: 5:34 PM Minutes Recorded by: Susan Eddy II. Public Comment N/A III. Approve Previous Meeting Minutes Decision: Approved Motion by: George Cross Second: Susan Eddy IV. Council Update Councilor Colston updated the FC on the City Manager search. Council approved to move forward the CHT project in front of Community Center. Council approved the 5 accounting system polices that were presented in the most recent meeting. V. Discussion: Master Plan Progress Councilor Colston updated the FC on the Master Plan Progress. VI. Discussion/Approval: Internal Control and Risk Management Policy Decision: Approved Motion by: George Cross Second: Shelden Goodwin Staff presented the policy updated to reflect the changes made based on FC comments in the previous meeting. The FC approved the revised policy. VII. Discussion/Approval: Information Technology Policy Decision: Approved Motion by: George Cross Second: Susan Eddy  Decision: Approved Motion by: George Cross Second: Susan Eddy Staff presented the policy updated to reflect the changes made based on FC comments in the previous meeting. The FC approved the revised policy. VIII. Discussion/Approval: Investment Policy Staff presented the draft policy. The FC made comments and suggestions. Staff will revise the policy and present to the FC in the next meeting. IX. Discussion/Approval: Capital Improvement Policy Staff presented the draft policy. The FC made comments and suggestions. Staff will revise the policy and present to the FC in the next meeting. X. Adjourn Motion by: George Cross Second: Susan Eddy Meeting End Time: 6:42 PM