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03/03/2014-CC-Minutes-Work SessionMINUTES: CITY COUNCIL WORKSESSION March 3, 2014 PRESENT:Mayor Thomas Muir,Councilman Russell Martin,Councilman Scott Stephens,and Councilman Allen Chick ABSENT:Councilman Billy Ezell and Councilman Gary Bilyeu OTHERS PRESENT:Mike Brice City Manager,Tami Taber City Secretary, Cheryl Davenport Finance Director and James Fitts with Weaver and Tidwell 1.Call Meeting to Order. Mayor Muir called the meeting to order at 6:07 p.m. 2.Overview of Audit for Fiscal Year End 2012/2013 by Weaver and Tidwell, L.L.P. James Fitts was present and gave a brief overview of the audit. 3.Update and Discussion on First Quarter Financials and Budget. Cheryl Davenport gave a power point presentation. So far we have collected 95% of the property taxes and sales tax is steadily increasing. 4.Update and Discussion on the Status of Capital Projects. This item will be discussed at the next work session. 5.Overview of Items on Regular Agenda 6.Adjourn. Mayor Muir adjourned the meeting at 7:02 p.m.