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legislation and the local funding that it provides.Another round of stimulus has been <br /> proposed at the federal level,which would provide funding directly to states and localities. <br /> That legislation is substantially further from passing than the stimulus being considered at <br /> the state level. <br /> Councilmember Neff asked about efforts to reduce operating costs, and whether furloughs <br /> and hiring freezes would be enough to keep the city afloat. Director Rancatore noted the <br /> difficulty in answering the question. He is unsure that the city is able to save enough on its <br /> own and that assistance from the federal and state governments would be appreciated. <br /> Chairman Bullock suggested meeting in the future to continue to monitor the city's finances <br /> and the depth of the crisis. Councilmember Litten added that he anticipates that the city <br /> will have to make difficult decisions on future expenses. <br /> Approval of the minutes of the April 27, 2020 Finance Committee. <br /> Chairman Bullock made a motion, seconded by Councilmember Neff to approve the <br /> minutes from the committee's April 271h meeting. <br /> A roll call vote was taken as follows: <br /> Yeas - Bullock, Litten, Neff <br /> Nays - None <br /> Motion passed. The minutes were approved. <br /> Chairman Bullock adjourned the meeting without objection. <br /> The meeting was adjourned at 7:00 p.m. <br />