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Board of Commissioners Work Session

Town of Wake Forest · Board of Commissioners Work Session
Tuesday, May 3, 2022 at 6:00 pm

Work session Budget and appropriationsBonds and debtEconomic development incentivesEnvironment and sustainabilityFaith and cultural communities

Agenda document Full packet Watch

What's on this agenda

The Wake Forest Board of Commissioners work session opens with two budget items: a debt model forecast from financial advisor Davenport & Company, and the town manager's proposed budget for fiscal year 2022-2023. The board also reviews the town's monthly financial report through March and previews the draft agenda for its next regular meeting.

Two closed sessions are planned. One lets the board discuss economic development incentives it might offer to attract or expand a business in town. The other, added to the agenda the day before the meeting, lets the board consult its attorney under attorney-client privilege. The agenda also carries proclamations marking Hope Lutheran Church's 25th anniversary and Arbor Day.

Summarized from the published agenda. Read the agenda itself before acting on it.

Speaking at this meeting

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Agenda items (10)

Procedural · 3Presentation · 2Proclamation or recognition · 2Closed session · 2Staff or committee report · 1
  1. 1.1 Presentation of debt model forecast by Davenport & Company
    Presentation Bonds and debt
    Davenport & Company, the town's financial advisor, presents a debt model forecast to the board.
  2. 1.2 Presentation of Town Manager's Proposed Budget for FY 2022-2023
    Presentation Budget and appropriations
    The town manager presents a proposed budget for fiscal year 2022-2023.
  3. 1.3 Proclamation Celebrating the 25 Year Anniversary of Hope Lutheran Church
    Proclamation or recognition Faith and cultural communities
    The board proclaims Hope Lutheran Church's 25th anniversary in Wake Forest.
  4. 1.4 Proclamation Recognizing April 23, 2022 as "Arbor Day" in the Town of Wake Forest
    Proclamation or recognition Environment and sustainability
    The board proclaims April 23, 2022 as Arbor Day in Wake Forest.
  5. 2.1 Monthly Financial Report
    Staff or committee report Budget and appropriations
    The board reviews the town's financial summary through March 31, 2022.
  6. 3.1 Review of Draft Agenda for Upcoming Regular Meeting
    Procedural
    The board previews the draft agenda for its next regular meeting.
  7. 4.1 Closed Session: N.C.G.S. 143-318.11(a)(4) Consultation with the Town Staff
    Closed session Economic development incentives
    The board plans a closed session to discuss economic development incentives it might offer for locating or expanding an industry or business in town.
  8. 4.2 Closed Session: N.C.G.S. 143-318.11(a)(3) Consultation with an Attorney
    Closed session
    The board plans a closed session to consult its attorney under attorney-client privilege, added to the agenda the day before the meeting.
  9. 5 Commissioner Reports
    Procedural
  10. 6 Adjournment
    Procedural

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