CITY OF SUNSET HILLS

FINANCE COMMITTEE

AGENDA

March 9, 2023

5:30 P.M.

Public Works Conference Room



Also available via Zoom:

Join Zoom Meeting

https://us02web.zoom.us/j/86232392106?pwd=bVZwRVppL1BqUDN6STlwZDBvRE1hdz09

Meeting ID: 862 3239 2106

Passcode: 228523


1.

ROLL CALL

2.

APPROVAL OF THE MINUTES

Approval of the minutes of the January 30, 2023 Finance Committee meeting

Documents:
  1. Finance Meeting Minutes Draft- Jan 30 2023.pdf
3.

RETIREMENT ENHANCEMENT PRESENTED BY ALDERMAN EPPERSON & FIRST REPONDER PENSION CHANGE

Documents:
  1. 2024 SSH Retirement Plan Enhancement Options 01162023.pdf
  2. Public Safety Spinoff FAQs 2022.pdf
  3. LAGERS Response 2022-09-09_3085_SpinoffPS.pdf
4.

ADDITIONAL INFORMATION REQUESTED DURING JANUARY 30TH MEETING

a) MOSIP
b) Arbitrage Management
c) CD Early Withdrawal
d) Current Interest Rates

Documents:
  1. mosip-annual-report.pdf
  2. City Ordinance Example.pdf
  3. CD Attachment 1.pdf
  4. CD Attachment 2.pdf
  5. Money Market Rates.pdf
  6. Insured Cash Sweep Research.pdf
5.

STAFF RECOMMENDATION

6.

2022 FINAL BUDGET ADJUSTMENT

Documents:
  1. 2022 Budget Adj_ Mar 9 2023 FC Meeting.pdf
7.

2023 BUDGET ADJUSTMENT

Documents:
  1. 2023 Budget Adj_ Mar 9 2023 FC Meeting.pdf
  2. Budget adjustment Ed Roehr Quote.pdf
8.

OTHER MATTERS

9.

ADJOURNMENT