Agendas and Minutes

City Council (View All)

Study Session

Agenda
Monday, November 16, 2020

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).

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