CITY COUNCIL STUDY SESSION
Monday, November 16, 2020
Held Electronically
View on Channel 9 or Channels 180 and 181 (for Charter Communications customers)
or live stream via rvtv.sou.edu select RVTV Prime.
Mayor Stromberg called the Study Session to order at 5:30 p.m.
Councilors’ Graham, Akins, Seffinger and Jensen were present. Councilors’ Slattery and Rosenthal were absent.
1.Fourth Quarter 2020 and First Quarter 2021 Financial Review.
Finance Director Melanie Purcell went over a PowerPoint presentation (see attached).
Items discussed were:
- Financial Updates.
- Fourth Quarter FY2021 Status.
- Wastewater Debt Options.
- COVID Impacts.
- FY2020 Fourth Quarter Highlights.
- FY2020 First Quarter Highlights.
- Transient Occupancy Tax 10-Year History.
- Food and Beverage Tax 10-Year History.
- Responses to COVID-19 impacts.
- Wastewater Treatment Debt Options.
- Going Forward and balancing priorities.
2.Financial and Reserve Fund Policy Update Discussion
Finance Director Melanie Purcell went over a PowerPoint presentation (see attached).
Items discussed were:
- Financial Policies Update.
- Financial Policies Structure.
- Financial Polices Management.
- Financial Polices Operations.
- Next Steps.
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Administrator's office at (541) 488-6002 (TTY phone number 1-800-735-2900). Notification 72 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting (28 CFR 35.102-35.104 ADA Title I).
