Finance and Administration Committee

Agenda — 4 items

1. <table style="width: 100%;"><colgroup><col style="width: 67.0000%;"><col style="width: 13%;"><col style="width: 20%;"></colgroup><tbody><tr><td style="vertical-align: top;"><strong>Motion Authorizing Professional Services Contract with Creative Financial Staffing, LLC, allowing the City of North Bend to engage short-term contract staff.Description: The City's Staff Accountant overseeing accounts payable and payroll will be on leave for between 3 to 4 months. This item authorizes a contract with CFS for temporary financial support during her absence.Recommendation: F&A Committee recommends approval for inclusion on the Council regular agenda.Attachments: CFS professional services agreement.5mElaine Morse
2. <table style="width: 100%;"><colgroup><col style="width: 75.3433%;"><col style="width: 12.6514%;"><col style="width: 12.0053%;"></colgroup><tbody><tr><td style="vertical-align: top;"><strong data-pasted="true">Human Services and Cultural Arts Grant Policy</strong><br><br>Description: Committee will review the updated version of policy and applications for grant funding. Council will discuss recommended percentages of the general fund for funding.Recommendation: F & A Committee approve and recommendation for Council main agenda. 20mLisa Escobar
3. Ordinance amending the City's Taxes Rates and Fees Schedule to include Discounted Residential Utility Rates for outside City customersDescription: The City's discounted residential utility rates apply to inside City customers only. Approval of this ordinance establishes discounted residential utility rates for outside City customers as well.Recommendation: F&A Committee recommends approval for inclusion on the Council consent agenda.Attachments: Ordinance amending Taxes, Rates, and Fees Schedule.5mElaine Morse / Brice Stover
4. January - July 2026 Monthly Budget Status ReportDescription: Report on citywide financial performance for the year-to-date ending July 31, 2026. General Fund: Ended the period with $6.2M in ending fund balance, Revenues were 56% collected vs budget, and expenditures were 53% spent vs budget.</li><li style="font-size: 14px;"><u>Impact Fees Fund:</u> Transportation impact fees of $1.3 million were received in July for the Pannatoni project.Water Utility: Ended with $2.5M in ending fund balance and is 54% collected in revenues vs 41% spent. Sewer Utility: Ended with $17.2M in ending fund balance and is 44% collected in revenues vs 59% spent.Storm Utility: Ended with $1.0M in ending fund balance with 51% collected vs 34% spent. Expenditures reflect timing of CIP expenditures.Recommendation: None. Informational only.Attachments: Monthly Budget Status Report5mElaine Morse / Brice Stover

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