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AGENDA

City Council - Finance Committee - 1:00 PM Meeting

1:00 PM - Tuesday, March 5, 2024

Rouss City Hall - Zuckerman Room

Page

1.

CALL TO ORDER AND ROLL CALL

2.

APPROVAL OF MINUTES

2.1.

Minutes of February 6, 2024.

City Council - Finance Committee - 1:00 PM - Feb 06 2024 - Minutes - Pdf

3 - 4

3.

PUBLIC COMMENTS

4.

AGENDA

4.1.

FY 2025 Proposed Administrative Department Budgets

Presenter: Dan Hoffman,  City Manager

Council Action Memo - FY 2025 Proposed Administrative Department Budgets - Pdf

5 - 45

4.2.

O-2023-40: An Application for Real Estate Tax Exemption for Property Owned by New Eve Ministries

Presenter: Dan Hoffman, City Manager

Council Action Memo - An Application for Real Estate Tax Exemption for Property Owned by New Eve Ministries - Pdf

46 - 111

4.3.

Winchester Regional Airport Authority Update

Presenter: Nick Sabo, Executive Director

Council Action Memo - Winchester Regional Airport Authority Update - Pdf

112 - 121

4.4.

Winchester Public Schools Budget Presentation

Presenter: Jason Van Heukelum, Winchester Public Schools Superintendent

FY25 Budget Presentation

122 - 128

4.5.

O-2024-1: ORDINANCE AMENDING CHAPTER 25.1, COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY (C-PACE) FINANCING PROGRAM, OF THE WINCHESTER CITY CODE.

Presenter: Jeff Buettner, EDA Executive Director and Sam Iden, EDA Business Development Assistant

Council Action Memo - ORDINANCE AMENDING CHAPTER 25.1, COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY (C-PACE) FINANCING PROGRAM,OF THE WINCHESTER CITY C - Pdf

129 - 190

4.6.

R-2024-4: Resolution directing the City to enter into the Commercial Property Assessed Clean Energy (C-PACE) Financing Program Agreement with Virginia C-PACE Authority.

Presenter: Jeff Buettner, EDA Executive Director and Sam Iden, EDA Business Development Assistant

Council Action Memo - Resolution directing the City to enter into the Commercial Property Assessed Clean Energy (C-PACE) Financing Program Agreement w - Pdf

191 - 244

4.7.

R-2024-5: Resolution Providing for the Issuance and Sale of a Taxable Stormwater System Revenue Bond, Series 2024, of the City of Winchester, Virginia, in a Principal Amount not to exceed $15,650,000, Heretofore Authorized, and Providing for the Form, Details and Payment Thereof

Presenter: Perry Eisenach, Public Services Director, and Mary Blowe, Deputy City Manager/CFO

Council Action Memo - RESOLUTION PROVIDING FOR THE ISSUANCE AND SALE OF A TAXABLE STORMWATER SYSTEM REVENUE BOND, SERIES 2024, OF THE CITY OF WINCHEST - Pdf

245 - 324

4.8.

O-2024-4: ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF STORMWATER SYSTEM REVENUE BONDS OF THE CITY OF WINCHESTER, VIRGINIA, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $15,650,000, TO FINANCE THE COSTS OF CERTAIN CAPITAL IMPROVEMENT PROJECTS

Presenter: Perry Eisenach, Public Services Director, and Mary Blowe, Deputy City Manager/CFO

Council Action Memo - ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF STORMWATER SYSTEM REVENUE BONDS OF THE CITY OF WINCHESTER, VIRGINIA, IN AN AGGREG - Pdf

325 - 347

4.9.

January 2024 Budget Summary

Presenter: Celeste Broadstreet, Finance Director

Council Action Memo - January 2024 Budget Summary - Pdf

348 - 473

5.

ADJOURNMENT