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1 <br />Personnel and Finance Committee Meeting of February 8, 2012 <br />Page 3 <br />Council Member White noted that information must be presented in a timely fashion in order for <br />the Committee and the Council. <br />Dr. Varner recommended that all Council Members familiarize themselves with the Controller's <br />Monthly Cash Report. That document which has been developed over the years provides timely <br />financial information on all funds by opening fund balance, receipts, disbursements, interest <br />earned, and other items. It is a good mechanism to track each fund from month to month. <br />Council Member White stated that she will also be seeking quarterly reports to the Committee by <br />the City Controller. <br />Council Member Gavin Ferlic noted that he is reviewing the City of Hammond's ordinance on <br />requiring new city employees to live within the city limits; incentives for sworn members of the <br />police and fire departments; and various options on employee pensions.. <br />Council Member White noted that she had sent a memo out earlier this week to all Council <br />Members on Bill No. 01 -12 which proposes salary adjustments for various non - bargaining <br />employees. She urged all Council Members to send items they would like addressed to her by <br />Friday morning so that she can share them with the City Administration. <br />Council Member White thanked everyone for their input and then adjourned the Committee <br />meeting at 6:12 p.m. <br />Respectfully submitted, <br />raren. White, Chairperson <br />Personnel and Finance Committee <br />Attachments: <br />Agenda I <br />2011 Annual Report of Personnel and Finance Committee <br />January 19, 2012 TIF 9 -page document <br />