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File #: 251807    Version: 0
Type: Communication Status: Placed On File
File created: 2/10/2026 In control: COMMON COUNCIL
On agenda: Final action: 3/3/2026
Effective date:    
Title: Communication from the Office of the Comptroller relating to a minimum fund balance policy.
Sponsors: ALD. COGGS, ALD. BURGELIS
Indexes: MUNICIPAL FINANCE, REPORTS AND STUDIES
Attachments: 1. Updated Fund Balance Policy- Overview and Strategic Considerations (002), 2. Fund Balance Policy - Propose Ordinance Draft A, 3. Fund Balance Policy - Proposed Ordinance Draft B, 4. Hearing Notice List, 5. Obsolete Fund Balance Policy Presentation - Overview and Strategic Considerations
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
3/3/20260 COMMON COUNCIL PLACED ON FILEPass14:0 Action details Meeting details Not available
2/25/20260 FINANCE & PERSONNEL COMMITTEE RECOMMENDED FOR PLACING ON FILE

Minutes note: Meeting recessed at 11:57 a.m. Meeting reconvened at 12:14 p.m. City Comptroller Christianson gave a presentation regarding purpose of a fund balance policy, key elements of a fund balance policy, background, sample fund balance policy, challenges, opportunities, key considerations, and next steps. Ald. Coggs and Burgelis added as sponsor and cosponsor, respectively.		Pass5:0 Action details Meeting details Video Video
2/10/20260 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

Number

251807

Version

ORIGINAL

Reference

 

Sponsor

ALD. COGGS AND BURGELIS

Title

Communication from the Office of the Comptroller relating to a minimum fund balance policy.

 

Requestor

 

Drafter

CC-CC

Laurie Phillip

2/11/2026