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HomeMy WebLinkAbout04-28-14 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 APRIL 28, 2014 The Fiscal Affairs Committee met on April 28, 2014, at 5:00 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. Present were: Committee Member Tommy Moser, Daryl Leonard and Alternate Member 1 Jay Martin. Absent: Alternate Member 2 Dottie Kaminski. . Also present were City Secretary Patrice Fogarty, City Manager Corby Alexander, Finance Director Michael Dolby, Controller Phyllis Rinehart and Treasurer Shelley Wolny. 2. Consider approval of Minutes of the March 10, 2014, meeting of the Fiscal Affairs Committee — P. Fogarty Committee member Leonard moved to approve the minutes of the March 10, 2014, meeting. Committee member Moser seconded. MOTION PASSED. Ayes: Chairman Engelken, Committee Member Moser, and Alternate Member 1 Martin Nays: None Absent: Alternate Committee Member 2 Kaminski 3. Receive and review Second Quarter (FY2014) Investment Report — M. Dolby Treasurer Shelley Wolny provided the Second Quarter (FY2014) Investment Report and advised the value of investment is $68.7 million pretty close to last year. 4. Receive and review month of December (FY2013), January (FY2014) and February (FY2014) Purchasing Card Expenditures — M Dolby Finance Director Michael Dolby presented Purchasing Card Expenditures for the month of December (FY2013), January (FY2014) and February (FY2014). Alternate Committee Member 1 Martin questioned if it was possible for a vendor to bill the City monthly instead of multiple invoices. Finance Director Michael Dolby responded there may be a possibility but the procurement cards are a way to receive points and discounts. Purchasing Manager Cherell Daeumer added the reports are generated from the City's Financial System and not the bank. Alternate Committee Member 1 Martin questioned the services provided by G&K Services. Ms. Daeumer responded the City's uniform company. Committee Member Leonard commented he was glad to see local businesses as the Top 20 Vendors. Page 1 of 2 April 28, 2014, Fiscal Affairs Committee Minutes 5. Set date for next meeting — M. Dolby The Committee set July 28, 2014, at 5:00 p.m., as the date and time for the next meeting. 6. Administrative Reports — C. Alexander City Manager Corby Alexander congratulated the Finance Department for receiving the Platinum Leadership Circle Award from the Comptroller's Office.. 7. 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. 8. Adjourn There being no further business, the meeting was adjourned at 5:12 p.m. Rztfullysubmitted, Patrice Fogarty, Ci ecreta Passed and approved on the Aday of 12014. e" - Chairman Chuck Eng Iken Page 2 of 2 April 28, 2014, Fiscal Affairs Committee Minutes