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MINUTES BUDGET AND FINANCE COMMISSION REGULAR SESSION SEPTEMBER 21, 2021 COUNCIL CHAMBERS 11000 N. LA CAÑADA DRIVE

REGULAR SESSION AT OR AFTER 4:00 PM

CALL TO ORDER - Chair Latchford called the meeting to order at 4:12 P.M.

ROLL CALL

Present:	John Latchford, Chairman
	Cathy Solverson, Vice Chair
	David Newell, Commissioner
Absent:	Michael Mason, Commissioner
	James Beasley, Commissioner
Staff Present:	David Gephart, Chief Financial Officer
	Michael Dyckman, Senior Budget Analyst
	Wendy Gomez, Finance and Budget Administrator
	Nathan Rothschild, Town Attorney

PLEDGE OF ALLEGIANCE - Commissioner Newell led the group in the Pledge of Allegiance.

CALL TO AUDIENCE - No comments were received.

STAFF LIAISON REPORT

Chief Financial Officer David Gephart reported on the following:

- the approval of financial polices that the Budget and Finance Commission worked on by the Town Council at their July meeting
- the PSPRS bond issuance rate
- the Parks and Recreation bond issuance
- update on the potential development of the Oro Valley Marketplace
- update on the ASRS plan

Chief Financial Officer David Gephart announced that this is Mychael Dyckman's last meeting, and thanked him for his hard work and dedication to the town.

REGULAR SESSION AGENDA

REVIEW AND APPROVAL OF THE JUNE 15, 2021 REGULAR SESSION MEETING MINUTES

Chair Latchford motioned for approval of the June 15, 2021 regular session meeting minutes. No second was received. All commissioners approved meeting minutes.

TOWN OF ORO VALLEY FY 20/21 FINANCIAL UPDATE THROUGH JUNE 2021 (Please reference the attachments for the Town's monthly financial update)

Senior Budget Analyst Michael Dyckman presented on the Town of Oro Valley FY 2020/2021 Financial Update through June 2021.

Discussion ensued amongst staff and commissioners.

COUNCIL LIAISON COMMENTS - The council liaison was not present.

FUTURE AGENDA ITEMS

- what the budget states regarding Westward Look

ADJOURNMENT


				Motion by Vice Chair Cathy Solverson, seconded by Commissioner David Newell to adjourn the meeting at 5:32 P.M.

Vote: 3 - 0 Carried

I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the regular session of the Town of Oro Valley Budget and Finance Commission of Oro Valley, Arizona held on the 21 day of September, 2021. I further certify that the meeting was duly called and held and that a quorum was present.

Dated this 23 day of September, 2021.

___________________________
Alison Cote
Legal Secretary