Budget Investment Technology 2010/11/15BUDGET, INVESTMENT & TECHNOLOGY COMMISSION MINUTES
MONDAY, NOVEMBER 15, 2010 -3:30 PM
ANAHEIM CITY HALL
FIFTH FLOOR CONFERENCE ROOM
MEMBERS PRESENT: Jeff McNutt, Pat Pepper, Mark Whitaker, Kevin Baker, Neil Malley,
Ajay Khetani, Ken Stark, MehdiReza Hirji
MEMBERS ABSENT: James Riley, Jerry Conrey, Trevor Austin
STAFF PRESENT: Kristine Ridge, Hank Stern, Blaze Bruney, Debbie Moreno, Trevor
Bennett, Tania White, Lenette Ball
GUESTS PRESENT: David Wain
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Ms. Ridge called the meeting to order at 3:35 pm.
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There was a Motion by Mr. McNutt and a Second by Mr. Baker to nominate Mr. Pepper for the
position of Chair. MOTION CARRIED (8 -0 -0). There was a Motion by Mr. Pepper and a Second
by Mr. Malley to nominate Mr. Khetani for the position of Vice - Chair. MOTION CARRIED (8 -0-
0).
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There was a discussion regarding the use of sub - committees. It was suggested by Mr. Pepper
that there would be three subcommittees- Budget, investment and Technology.
Subcommittees would consist of 5 or less commissioners. Mr. Pepper made a motion to go
back to Council to amend the Commission Ordinance to have dull commission meetings
changed from quarterly to biannually. There was a second by Mr. Khetani. MOTION CARRIED
(8 -0 -0). In addition to the full commission meetings, the Budget sub - committee would meet in
March and April, the Investment sub - committee would meet in February and August, and the
Technology sub - committee would meet in February.
ITEM NO. 01
Page 2 of 2
BIT Commission Minutes
November 15, 2010
Mr. Bruney gave an overview of the City's budget and an update on the City's General Fund
revenue. He stated that revenues have been tracking closely to budget. Transient Occupancy
Tax is tracking within 0.25% of budget through four months. The first quarter of sales tax that
the City received was good, but it included some one -time adjustments. The City will receive its
next sales report in mid - December.
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After a brief overview of the City's Investment Policy by Mr. Stern, Mr. pepper motioned to
approve the policy. There as a Second by Mr. Khetani. MOTION CARRIED (8 -0 -0).
TECHNOLOGY
Mr. Bennett gave a presentation on the My Anaheim iPhone mobile application. Mr. Hirji
requested that at the next Technology sub - committee meeting that the presentation includes
an overview of what technology the City currently has and the City's 5 -year plan.
PUBLIC COMMENTS
Mr. Wain attended the meeting on behalf of the East Anaheim Neighborhood Council. He
wanted to encourage the commission to focus on more than just the General Fund. He
especially would like the commission to review the Redevelopment Agency's budget. He also
suggested that there be one website for all of the City's Commissions which would include
information such as agendas, minutes, etc all in one place. Mr. Bennett said he would look into
putting that suggestion into place.
Chairman Pepper adjourned the meeting at 5:20 p.m.
Respectfully submitted,
Tania M. White, Secretary