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HomeMy WebLinkAboutMinutes MINUTES OF THE LONG RANGE FINANCE COMMITTEE September 3, 2014 ROOM 404 The regular meeting of the Long Range Finance Committee was held on Wednesday, September 3, 2014, in Room 404, at Oshkosh City Hall, 215 Church Avenue. The meeting was called to order by Chair Tom Pech Jr., at 5:15 p.m. Members Present: Tom Pech Jr., Harold Buchholz, Bryan Schulz, Jeff Thoms, Deb Allison- Aasby, Matt Lauritch, and Doug Pearson Members Absent: Jeff Herzig and Jason Hirschberg Staff Present: Trena Larson-Finance Director, Allen Davis-Director of Community Development, and Brenda Hicks-Sorensen-Interim Economic Development Manager I.APPROVAL OF AUGUST 6, 2014 MINUTES No changes/updates. Motion to approve minutes was made by Buchholz, Second by Schulz. Motion passed unanimously. II.CITIZEN INPUT None III.REVOLVING LOAN FUND DRAFT MANUAL AND PROPOSED PARAMETERS – (~5:20 – 6:20 ) Hicks-Sorensen answered questions from committee members on Revolving Loan Fund draft manual. Committee recommended several changes to draft manual. Draft manual had not been reviewed by City Attorney prior to meeting. Draft manual will be updated and brought back to the committee for their next meeting. Davis would like the Long Range Finance committee to recommend adoption of the Revolving Loan Fund manual to the City Council in November for adoption in December. IV.UPDATE ON BUDGET WORKSHOP#3 (6:20 – 6:38) Larson provided summary of Budget Workshop #2. Schulz feels it would be beneficial to analyze unfunded mandates. Buchholz directs discussion to Council’s request to Long Range Finance to define CIP. Thoms recommends defining CIP as brick and mortar. V.ADJOURNMENT . Motion by Buchholz, Second by Lauritch to adjourn. Motion passed unanimously Meeting adjourned at 6:38 p.m.