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MINUTES OF THE FINANCE COMMITTEE <br /> JUNE 1, 2020 <br /> MEETING HELD VIRTUALLY <br /> Present: Councilmembers Bullock,Neff, & Litten <br /> Also Present: Councilmembers O'Malley, Kepple & Shachner, Clerk Bach taking minutes, <br /> Deputy Clerk Lascu, Fire Chief Dunphy, Finance Director Rancatore, Mary Leigh of Planning, <br /> Development Officer Dan Wyman, Human Resources Director Dillinger, Urban Designer <br /> Allison Hennie, Human Services Director Gelsomino, Law Director Corrigan <br /> Call to Order: 6:33 p.m. <br /> After introductory remarks and at the request of the Chair, Director Rancatore provided a walk- <br /> through of the attached document—2020 General Fund Revenue Report- April. <br /> Director Rancatore committed to providing a similar report monthly. He remarked that lags in <br /> numbers are COVID-related due to the building being closed. He announced that the Tax <br /> Division has opened today. <br /> ORDINANCE 09-2020 -AN ORDINANCE to take effect immediately provided it <br /> receives the affirmative vote of at least two thirds of the members of Council, or <br /> otherwise to take effect and be in force at the earliest period allowed by law, authorizing <br /> the transfer and advance of certain funds. <br /> Assistant Finance Director Schuster explained that the ordinance executes the transfers and <br /> advances approved by Council as part of the budget process in December 2019. He highlighted <br /> the following transfers and advances. <br /> • $172,500 to be transferred to Department of Aging per usual <br /> • The transfers to the hospitalization and workers' comp fund represent the contributions of <br /> Court employees. This is the usual practice. <br /> • $500,000 from the WWTP permit fund to be transferred to debt service per usual. <br /> Mr. Schuster explained that the only anomalous transfer is $350,000 from Fund 510 to the debt <br /> service fund. This money was intended to be transferred in June 2019 but was not due to a <br /> clerical error that was discovered. The funds were originally meant to be transferred after the <br /> auditor recommended it. <br /> Motion by Councilman Bullock, seconded by Councilmember Litten to recommend adoption of <br /> Ordinance 09-2020. <br /> A roll call vote was taken as follows: <br /> Yeas: Bullock, Litten, Neff <br /> Nays: none <br /> 1 <br />