MINUTES

 
City of Modesto
SPECIAL FINANCE COMMITTEE / WORKSHOP
Second Floor, Room 2005
1010 10th Street
Modesto, California
Monday, January 26, 2009, at 5:30 p.m.

Roll Call - Present: Committee Members Hawn, Marsh and Olsen

Also Present: Mayor Ridenour

Absent: None

PUBLIC COMMENTS
None.

CONSENT ITEMS – ROLL CALL VOTE REQUIRED: Item #1

CONSENT
An item may be removed from consent and discussed at the request of an audience member or Committee member.

Consent
1. Consider recommended budget adjustments and refer to City Council for consideration and approval. (Funding Source: Various)
Finance; Wayne Padilla, Director, 577-5369, wpadilla@modestogov.com

ACTION: Motion (Olsen/Marsh;unan) accepting recommended budget adjustments and forwarding to City Council for consideration and approval.

UNFINISHED BUSINESS

2. Consider verbal report from the Finance Director updating status of General Fund. (Funding Source: Not Applicable)
Finance; Wayne Padilla, Director, 577-5369, wpadilla@modestogov.com

ACTION: The Committee received an update from the Finance Director regarding the status of the General Fund. Committee directed staff to revise the Quarterly Revenue Chart to include additional detail for the “Other General Fund Revenue” line item. Staff to get estimates from the Departments and will come up with a revised budget estimate that will include a breakdown of each line item.

COMMITTEE MEMBERS COMMENTS & REPORTS
None.

MATTERS TOO LATE FOR THE AGENDA
None.

ADJOURNMENT
This meeting adjourned at 6:35 p.m.

BY ORDER OF THE CHAIR

Attest:______________________
Diane N. Perez, Assistant City Clerk