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MINUTES BUDGET AND FINANCE COMMISSION REGULAR SESSION JUNE 21, 2022 COUNCIL CHAMBERS 11000 N. LA CAÑADA DRIVE

REGULAR SESSION AT OR AFTER 4:00 PM

CALL TO ORDER - Acting Chair Mason called the meeting to order at 4:00 P.M.

ROLL CALL

Present:	Michael Mason, Acting Chair
	James Beasley, Commissioner
	John Fortunato, Commissioner
	Jack Longley, Commissioner
Absent:	Cathy Solverson, Chair
Staff Present:	David Gephart, Chief Financial Officer
	Wendy Gomez, Finance and Budget Administrator
	Chris Hutchison, Senior Budget Analyst
	Joseph Winfield, Mayor
	Joe Andrews, Chief Civil Deputy

PLEDGE OF ALLEGIANCE - Commissioner Fortunato 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:

- FY 2021/2022 is ending in one week.
- Budget for FY 2022/2023 was adopted at the last town council meeting.
- Class and compensation study.
- Condolences to John Latchford and his family.

REGULAR SESSION AGENDA

REVIEW AND APPROVAL OF THE MAY 17, 2022 REGULAR SESSION MEETING MINUTES


				Motion by Commissioner James Beasley, seconded by Commissioner Jack Longley to approve the May 17, 2022 meeting minutes as written.

		Vote: 4 - 0 Carried

	2.	PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 21/22 FINANCIAL UPDATE THROUGH APRIL 2022
		Finance and Budget Administrator Wendy Gomez presented on Agenda Item #2. Discussion ensued amongst staff and commissioners.

	3.	PRESENTATION AND POSSIBLE DISCUSSION REGARDING THE TOWN'S FIVE-YEAR FINANCIAL FORECAST THROUGH FY 2027/28
		Finance and Budget Administrator Wendy Gomez presented on Agenda Item #3. Discussion ensued amongst staff and commissioners.

	4.	PRESENTATION AND DISCUSSION OF THE TOWN FY2023 ADOPTED BUDGET
		Chief Financial Officer David Gephart presented on Agenda Item #4. Discussion ensued amongst staff and commissioners.

COUNCIL LIAISON COMMENTS
		Mayor Joseph Winfield commented on the following: - The next Town Council meeting is on July 6, 2022. - The Class and Compensation Study will be on the agenda for the July 6, 2022 Town Council meeting.

FUTURE AGENDA ITEMS
		No future agenda items were discussed.

ADJOURNMENT


				Motion by Commissioner James Beasley, seconded by Commissioner Jack Longley to adjourn the meeting at 5:05 P.M.

Vote: 4 - 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 June, 2022. I further certify that the meeting was duly called and held and that a quorum was present.

Dated this 23 day of June, 2022.

___________________________
Alison Cote
Legal Secretary