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MINUTES BUDGET AND FINANCE COMMISSION REGULAR SESSION MAY 17, 2022 COUNCIL CHAMBERS 11000 N. LA CAÑADA DRIVE

REGULAR SESSION AT OR AFTER 4:00 PM

CALL TO ORDER - Chair Solverson called the meeting to order at 4:06 P.M.

ROLL CALL

Present:	Cathy Solverson, Chair
	Michael Mason, Vice Chair
	James Beasley, Commissioner, Attending via Zoom
	John Fortunato, Commissioner
	Jack Longley, Commissioner
Staff Present:	David Gephart, Chief Financial Officer
	Mary Jacobs, Town Manager
	Chris Hutchison, Senior Budget Analyst
	Tobin Sidles, Legal Services Director
Attendees:	Joseph Winfield, Town Council Liaison

PLEDGE OF ALLEGIANCE - Chair Solverson 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:

- Town Staff is updating the town's 5 Year Forecast and 10 Year CIP.
- Town Manager's budget will be presented to council on 6/1/22 and adopted on 6/15/22

REGULAR SESSION AGENDA

REVIEW AND APPROVAL OF THE APRIL 19, 2022 REGULAR SESSION MEETING MINUTES


				Motion by Vice Chair Michael Mason, seconded by Commissioner John Fortunato to approve the April 19, 2022 meeting minutes as written.

		Vote: 5 - 0 Carried

	2.	DISCUSSION OF TOWN MANAGER'S RECOMMENDED BUDGET FOR FY 22/23
		Staff answered questions from Commissioners regarding Agenda Item #2.

	3.	PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 21/22 FINANCIAL UPDATE THROUGH MARCH 2022 (Please reference attachments)
		Chief Financial Officer David Gephart presented on Agenda Item #3. Discussion ensued amongst staff and commissioners.

COUNCIL LIAISON COMMENTS Mayor Joseph Winfield commented on the following: - Budget sessions were a success - The agenda items for the Town Council meeting the following night

FUTURE AGENDA ITEMS - Update on Steam Pump Ranch's future

ADJOURNMENT


				Motion by Vice Chair Michael Mason, seconded by Commissioner, Attending via Zoom James Beasley to adjourn the meeting at 5:25 P.M.

Vote: 5 - 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 17 day of May, 2022. I further certify that the meeting was duly called and held and that a quorum was present.

Dated this 19 day of May, 2022.

___________________________
Alison Cote
Legal Secretary