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10/20/2017 - AgendaPort Orchard Council Finance Committee October 20, 2017 7:3o am Council Conference Room City Hall 1) Finance Report Finance Director, Noah Crocker a. Sales Tax Revenue Report b. Treasurers Report — Funds, accounts 2) Tremont Widening Project a. Construction Finance Plan 3) Mid -Biennial Review 4) Revenue Sources Review 5) Salary COLA Review 6) Electronic Signatures on Checks 7) GAAP vs CASH Other Items to come before the Committee Schedule Next Meeting Date Role of the Finance Committee Finance Director, Noah Crocker Finance Director, Noah Crocker Finance Director, Noah Crocker Finance Director, Noah Crocker Finance Director, Noah Crocker Finance Director, Noah Crocker The finance committee provides oversight of city budgeting, financial planning, and financial reporting. The committee recommends long-range tnancW goals along with funding strategies for the operating and capital budgets. Human resource issues requiring policy direction are brought before the committee. The committee serves as the advisory forum for transportation and street maintenance Funding, and funding relating to the transportation benefit di strict,