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City of Northfield MN
File #: 25-319    Version: 1 Name:
Type: Information/Discussion Item Status: Agenda Ready
File created: 5/27/2025 In control: Council Finance Policy Subcommittee
On agenda: 6/4/2025 Final action:
Title: Upcoming Meeting Agenda Items
Attachments: 1. 1 - Resolution 2016-102 Roles Responsibilities Council Finance Policy Subcommittee
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Finance Policy Subcommittee Meeting Date:                     June 4, 2025

 

To:                                          Finance Policy Subcommittee

                                          

 

From:                                          Ben Martig, City Administrator                                          

 

Title

Upcoming Meeting Agenda Items

 

Body

Action Requested:                     

None. Discussion only.

 

Summary Report:

The next agenda has tentatively scheduled the following items:

A.                     Review 2025 Q2 Financial Report (Finance Director Angelstad).

B.                     Review 2025 Q2 Investment Report (Finance Director Angelstad).

C.                     Review Policies and Consideration of Recommended Changes (if applicable):

4.01 Purchasing Policy

4.02 Purchasing Card Policy

4.03 Post Issuance Debt Compliance Policy

4.04 City Investment Policy

D.                     Review and Discuss Upcoming Debt Issuance 2025.

* Staff and Ehlers are working on the 2025 debt issuance. The committee last meeting indicated they wanted to at least go through this process in 2025 to explore it rather than delete this from the committee role. Again, the committee has never done this work. Staff is open to doing this if there is value to doing so but will require extra meeting for the Finance Committee and also is likely to be duplicative of what will go to the full council.

 

If the Committee has any feedback on this we could hear that at the meeting.  Otherwise, as we get closer to the actual meeting the City Administrator will set the meeting agenda in consultation with Chair Dahlen.  But, this is the planned agenda at this time.

 

Alternative Options:

N/A

 

Financial Impacts:

N/A

 

Tentative Timelines:                     

N/A