City and Borough of Juneau

Assembly Finance Committee Meeting

Wednesday, May 21, 2014, 5:30 p.m.

Assembly Chambers

Full Packet

I.       Call to Order

II.      Roll Call

III.     Approval of Minutes

A. May 7, 2014 (pp. 2 - 12)

IV.     Investment Accounting Policy Change

A. Issue Paper “Change in Investment Accounting for Budget” (pp. 13 - 14)

B. FY13 Investment Income Activity Graphs (p. 15 - 18)

V.      Budget Reserves Consolidation

A. Issue Paper “AFC Transfer of General Gov. Fund Balance Reserve” (p. 19)

B. General Governmental Fund Balance Reserves Schedule (p. 20)

C. Ordinance 2013-11(AT) an Ordinance Transferring $10,030,792 of Budget Reserve Fund Balance from the Roaded Service Area and Sales Tax Special Revenue Funds to the General Fund (p. 21)

VI.     Expanded Mail Service Grant

A. Program information (p. 22)

VII.    Next Meeting Date

VIII.   Information Items

A. Sales Tax Revenue Update

IX.      Adjournment