FINANCIAL ADVISORY BOARD SIMPLE AGENDA ITEM
ACTION REQUESTED:title
Approve the tentative 2027 meeting schedule and discuss upcoming Board priorities
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DEPARTMENT: Finance Department
SUBMITTED BY: Traci Marrocco, Interim Finance Director
DISCUSSION:
The tentative meeting schedule is attached.
In 2027, the Financial Advisory Board will be focused on the water and electric rate studies, as well as continuing to update the City’s financial policies. The outline below is a proposed schedule for meeting topics. We expect to need at least one specially-called meeting for the rate study discussions.
January 2027
Rate Study Timeline, Preliminary Information Reserve Policy (started in 2018, never finalized) Capital Asset Policy (required to update per auditors)
April 2027
Continue Policy Discussion Rate Study
July 2027
Rate Study
October 2027
Review Budget