Title
Approval of a Revised 2020 Finance Committee Work Plan
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the Revised 2020 Finance Committee Work Plan and forward to Council for consideration.
Report
Issue:
Whether to approve the Revised 2020 Finance Committee Work Plan.
Staff Contact:
Debbie Sullivan, Administrative Services Director, 360.753.8499
Presenter(s):
Debbie Sullivan, Administrative Services Director
Background and Analysis:
Each year, all Council Committees develop a work plan. The Finance Committee submitted their work plan to the full Council, and it was approved on February 4, 2020.
The workplan is a basic plan that guides the Committee’s work throughout the year. Due to the financial impact of coronavirus (COVID-19) is having on the City’s financial resources, staff is recommending a revised workplan in order to address this emerging issue.
Meetings will continue to be scheduled for the third Wednesday of every month starting at 5:30 pm. However, additional meetings have been scheduled in April and May to discuss the major general fund revenues, 2020 projections, and options to mitigate the impacts.
Neighborhood/Community Interests (if known):
N/A
Options:
1. Approve the Revised 2020 Finance Committee Work Plan
2. Direct staff to remove and/or add agenda items
Financial Impact:
N/A
Attachments:
Draft Revised 2020 Finance Committee Work Plan