HomeMy WebLinkAbout09-09-13 Fiscal Affairs Committee Meeting minutesCHUCK ENGELKEN, CHAIR
Councilmember District 2
Committee Member
DARYL LEONARD
Councilmember District 3
Committee Member
TOMMY MOSER
Councilmember District 4
Committee Member
JAY MARTIN
Councilmember District 5
Alternate Member 1
DOTTIE KAMINSKI
Councilmember At Large B
Alternate Member 2
MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE
SEPTEMBER 9, 2013
The Fiscal Affairs Committee met on September 9, 2013, at 6:00 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 5:00 p.m. Committee Members Tommy
Moser, Daryl Leonard. Dottie Kaminski and Jay Martin were present. Also present were City
Secretary Patrice Fogarty, City Manager Corby Alexander, Assistant City Manager Traci Leach,
Finance Director Michael Dolby, Controller Phyllis Rinehart and Treasurer Shelley Wolny.
2. Consider approval of Minutes of the July 22, 2013, meeting of the Fiscal Affairs Committee —
P. Fogarty
Committee member Leonard moved to approve the minutes of the May 13, 2013, meeting.
Committee member Moser seconded. MOTION PASSED.
Ayes: Chairman Engelken, Committee Members Moser and Leonard
Nays: None
Absent: None
3. Review and discuss a proposed Resolution of the City of La Porte approving General Fund
commitments of Fund Balance — M. Dolby
Finance Director Michael Dolby presented a summary explaining the GASB 54 requirement that
must be completed prior to the end of the fiscal year to commit fund balance of the General Fund.
The General Fund balance can only be committed for a specific purpose by formal action of the City
Council. Committed fund balance does not lapse at year-end. The formal action required to
commit fund balance shall be by resolution. A recommendation has been made to commit
$1,500,000 for health insurance and $2,000,000 for Utility capital projects. The Fiscal Affairs
Committee did not adopt the Resolution; it will be brought to Council for adoption.
4. Set date for next meeting — M. Dolby
The Committee set October 28, 2013, at 5:00 p.m., as the date and time for the next meeting.
5. Administrative Reports — C. Alexander
There were no Administrative Reports.
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September 9, 2013, Fiscal Affairs Committee Minutes
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, the meeting was adjourned at 5:13 p.m.
Re ecttully submitted,
Patrice Fogarty, it Secretdry
Passed and approved on the day of , 2013.
Chairman Chuck Engelke
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September 9, 2013, Fiscal Affairs Committee Minutes