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HomeMy WebLinkAbout09-12-11 Regular Meeting of Fiscal Affairs Committee CHUCK ENGELKEN, CHAIR JOHN ZEMANEK Councilmember District 2 Councilmember At -Large A p *.,� q Alternate Member 1 DARYL LEONARD 0 Councilmember District 3 JAY MARTIN v / m Councilmember District 5 i f) TOMMY MOSER Alternate Member 2 Councilmember District 4 X MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE SEPTEMBER 12, 2011 The Fiscal Affairs Committee met on September 12, 2011, at 5:30 p.m. in the La Porte City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, to consider the following items of business: 1. Call to Order Chairman Chuck Engelken called the meeting to order at 5:30 p.m. Committee Members present were Daryl Leonard and Tommy Moser. Alternate Members present: John Zemanek and Jay Martin. 2. Consider approval of Minutes of the August 22, 2011, meeting of the Fiscal Affairs Committee — P. Fogarty Committee Member Leonard moved to approve the minutes of the August 22, 2011, meeting of the Fiscal Affairs Committee. Committee Member Moser seconded. MOTION PASSED. Ayes: Chairman Engelken; Committee Members Moser and Leonard Nays: None 3. Review and discuss questions or concerns with audit for the City of La Porte and La Porte Development Corporation for fiscal year 2011, and provide staff with direction — M. Dolby Tom Pederson and Laurel Lynch with Null Lairson informed the committee the audit for the City of La Porte and La Porte Development Corporation for fiscal year 2011 would begin on September 13, 2011. The committee was informed documents that would be audited are: payroll, expenditures, purchases, tax, water, investments, cash, debt and capital assets. In addition, test of compliance, public fund investment acts, compliance with expenditures, bid laws and the expenditures of the La Porte Development Corporation for the last two years will also be audited. Committee Member Moser advised Null Lairson to review billings and collections for EMS revenues. Committee Member Leonard advised Null Lairson to make sure all procedures were done in a correct manner. Alternate Committee Member Martin requested Tom Pederson to specify the meaning of expanded business development. Mr. Pederson responded: Investments that the La Porte Development Corporation can make that can create jobs listed in the Attorney General's Economic Development Manual. Chairman Engelken thanked Mr. Pederson for summarizing the audit process very well. Page 1 of 2 September 12, 2011, Fiscal Affairs Committee Minutes 4. Set date for next meeting — M. Dolby The Committee set October 10, 2011 at 5:00 p.m. as the date and time for the next meeting. 5. Administrative Reports — R. Bottoms There was no administrative report. 6. Committee Comments — Matters appearing on agenda; Recognition of community members, city employees, and upcoming events; Inquiry of staff regarding specific factual information or existing policy. There were no Committee comments. 7. Adjourn — There being no further business, Committee Member Moser moved to adjourn the meeting. Committee Member Leonard seconded. Motion Passed. The meeting was adjourned at 5:39 p.m. Respectfully submitted, A. ' " iLA� Patrice Fogarty, C 4 Secret!ry Passed and approved on the 10 day of October, 2011. 1 „, k Chairman Chuck Engelken Page 2 of 2 September 12, 2011, Fiscal Affairs Committee Minutes