Town of Superior
Finance Committee Agenda
April 28, 2021
6:00 – 8:00 pm (virtual meeting)
The Finance Committee meeting will be held remotely, and members of the public wishing to attend online may link to the Meeting by visiting the Town’s website: https://www.superiorcolorado.gov/Home/Components/Calendar/Event/5205/19
The Finance Committee meeting recording will be posted subsequently on the Town’s website.
1) Review of Town’s business financial incentive policy. Comparison of Superior’s policy to neighboring municipalities. Discuss alternatives. ATTACHMENT A, B
2) Review of Preliminary Q1 2021 Financial Report and March 2021 income statement. ATTACHMENT C, D
3) Review of Town’s reserve policy/levels. Comparative data includes Superior’s current policy, neighboring municipalities’ policy and recommendations from the Government Finance Officers Association. ATTACHMENT E
4) American Rescue Plan Act. Discuss potential use of funds. ATTACHMENT F
5) Funding capital projects. Review operating accounts for savings. Consider a 5% reduction in GF operations. ATTACHMENT G
6) Schedule Future Meetings and Future Agenda Items.
7) Adjourn (8:00).
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