Finance Committee Agenda Meeting Minutes

May 2, 2016

9:00 a.m.

Topic: Finance Committee agenda meeting


Location: Conference Room A, City Hall – St. James Building; 117 West Duval Street,

Suite 425


In attendance: Council Members Bill Gulliford, Danny Becton, Lori Boyer, Anna Lopez Brosche, Reginald Gaffney, Aaron Bowman, Tommy Hazouri, Greg Anderson, Scott Wilson, John Crescimbeni


Also: Kirk Sherman and Kyle Billy – Council Auditor’s Office; Paige Johnston, Peggy Sidman and Stephen Durden – Office of General Counsel; Jeff Clements – Council Research Division; Jessica Morales  – Legislative Services Division; Sam Mousa and Jessica Baker – Mayor’s Office; Mike Weinstein and Angela Moyer – Finance Department; Stephanie Burch – Real Estate Division


See attached sign-in sheet for additional attendees


Meeting Convened: 9:00 a.m.


Chairman Gulliford called the meeting to order and asked the attendees to introduce themselves. He reviewed the Auditor’s marked agenda which included 14 items marked for deferral, 17 items ready for action (1 as a substitute, 1 as an emergency) and 18 items for second reading and re-referral.


The Chairman announced that 2016-300 (authorizing extension of the Better Jacksonville Plan local option sales tax for 30 years to amortize accrued pension liability, subject to voter referendum approval and subsequent collective bargaining) will be taken up first on the agenda. Council Member Boyer has a proposed amendment.


Presentations/discussions at the end of the meeting will include a discussion of the Property Appraiser’s proposed budget, a report by the Police and Fire Pension Fund Subpoenas Subcommittee, and a discussion of the potential to recoup funds from former Finance Director Ronnie Belton who converted from the defined benefit to the defined contribution retirement plan as he left City service and took a cash settlement.


2016-258 (increasing the employee cap in the Office of General Counsel): Chairman Gulliford wants General Counsel Jason Gabriel present for the discussion.

2016-260 (authorizing issuance of Jacksonville Housing Finance Authority housing revenue bonds): Council Member Boyer wants a presentation on the implications of defaults on these bonds, despite the fact that the City has no direct financial responsibility for paying the bonds. Laura Stagner of the Housing and Community Development Division said that the JHFA’s financial advisor will be present and can discuss that issue.


2016-245 (transmittal of Comprehensive Plan Future Land Use Element text amendment to the state for review): Council Member Boyer wants to have a presentation about the impact of this amendment on the Capital Improvement Program when this bill is ready for action (it is marked for deferral today).


Meeting Adjourned: 9:08 a.m.



Minutes: Jeff Clements, Council Research

             5.2.16   Posted 10:30 a.m.

Tapes:  Finance agenda meeting– LSD


Materials: Auditor’s marked Finance agenda