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MINUTES BUDGET AND FINANCE COMMISSION REGULAR SESSION JANUARY 17, 2023 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
	Heather Laird, Commissioner
	John Fortunato, Commissioner
	Jennifer Carr, Commissioner
Absent:	Gerald LeMay, Commissioner
Staff Present:	David Gephart, Chief Financial Officer
	Tobin Sidles, Legal Services Director
	Wendy Gomez, Deputy Finance Director
	Chris Hutchison, Senior Budget Analyst
	Joseph Winfield, Mayor
	Brian Hemmerle, Auditor

PLEDGE OF ALLEGIANCE - Acting Chair Mason 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:

- Welcome to new Commissioners.
- Budget season is underway for Town Staff.
- Actuarial reports for PSPRS have been released.
- Pension topics will be brought to the Commission in March or April.

REGULAR SESSION AGENDA

REVIEW AND APPROVAL OF THE DECEMBER 13, 2022 REGULAR SESSION MEETING MINUTES


				Motion by Commissioner Heather Laird, seconded by Commissioner John Fortunato to approve the December 13, 2022 regular session meeting minutes as written.

				Vote: 4 - 0 Carried

	2.			DISCUSSION AND POSSIBLE ACTION ON ELECTING A CHAIR AND VICE-CHAIR FOR THE BUDGET AND FINANCE COMMISSION


					Motion by Acting Chair Michael Mason, seconded by Commissioner Heather Laird to elect Acting Chair Mason as Chair of the Budget and Finance Commission. Vote: 4 - 0 Carried Motion by Chair Michael Mason, seconded by Commissioner Jennifer Carr to elect Commissioner Laird as Vice Chair of the Budget and Finance Commission.

				Vote: 4 - 0 Carried

	3.			PRESENTATION AND DISCUSSION OF TOWN ANNUAL COMPREHENSIVE FINANCIAL REPORT, SINGLE AUDIT, AND ALTERNATIVE EXPENDITURE LIMITATION REPORT FOR FISCAL YEAR ENDED JUNE 30, 2022
				Town Auditor Brian Hemmerle with Baker Tilly, LLP presented on Agenda Item #3. Discussion ensued amongst staff and commissioners.

	4.			PRESENTATION AND POSSIBLE DISCUSSION OF THE TOWN'S FY 22/23 FINANCIAL UPDATE THROUGH NOVEMBER 2022
				Deputy Finance Director Wendy Gomez presented on Agenda Item #4. Discussion ensued amongst staff and commissioners.

	5.			DISCUSSION AND POSSIBLE DIRECTION REGARDING MONTHLY FINANCIAL REPORTS


					Motion by Vice Chair Heather Laird, seconded by Commissioner Jennifer Carr to continue PowerPoint presentations as is and revisit the topic in six months.

				Vote: 4 - 0 Carried

COUNCIL LIAISON COMMENTS Mayor Joseph Winfield commented on the following: - Welcome to new Commission members. - Read a memo and invited Commissioners to participate in public engagement group meeting. - Town Council Meeting on January 18, 2022 will have an item regarding ARPA funds.

FUTURE AGENDA ITEMS - Revisit monthly financial report PowerPoint presentations in six months.

ADJOURNMENT


				Motion by Commissioner Jennifer Carr, seconded by Commissioner John Fortunato to adjourn the meeting at 4:55 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 17 day of January, 2023. I further certify that the meeting was duly called and held and that a quorum was present.

Dated this 19 day of January, 2023.

___________________________
Alison Cote
Paralegal I