1 15-  February 1,2 2023 Retreat minutes  TOWN OF ABINGDON RETREAT MEETING  WEDNESDAY, FEBRUARY 1, 2023. -1 11:00 am Jubilee House Retreat and Conference Center 822 East Main Street, Abingdon, Virginia  The retreat of the Abingdon Town Council was held on Wednesday, February 1, 2023 at 11:00 am at the Jubilee House Retreat and Conference Center, 822 East Main Street, Abingdon,  Virginia.  A. WELCOME - Mayor Pillion B. ROLL CALL Members of Council Present:  Wayne Austin Donna Quetsch Derek Webb Dwyane Anderson Mayor Pillion  C.A APPROVAL OF AGENDA as presented.  On motion of Mr. Webb, seconded by Mr. Anderson, approved the agenda  The roll call vote was as follows:  Mr. Austin Mrs. Quetsch Mr. Anderson Mr. Webb Mayor Pillion  Aye Aye Aye Aye Aye  D. INTRODUCTORY REMARKS  Town Manager Mike Cochran welcomed everyone and introduced Jimmy Sanderson with Davenport and Associates to present the Town's Comprehensive Financial Review.  E. Presentation from Davenport & Associates  Jimmy Sanderson presented the Comprehensive Financial Reviewi including:  Served as financial advisors since 1990 Inaugural credit rating in 1992 Bond funding for The Meadows Development of financial policy guidelines  Currently holds strong credit ratings from Moody's and Standard & Poor's Pro Forma Analysis recommended utility rate increases and funding strategies    -16-  February 1,2023 Retreat minutes  Peer comparison General Fund Operations Debt Structure  Assessment ofGeneral Fund Reserve Levels (ie. Fund. Balance)  F.D Discussion regarding Council goals  Town Manager Mike Cochran and Assistant Town Manager Mayana Rice discussed the  following:  Review FY 2022/2023 Establish goals for FY 2023/204 Establish priorities Cast vision  Inc conclusion, Council agreed regarding the following priorities:  Infrastructure Tourism Recreation Art Attract young familes Business support Housing Safety  Mayor Pillion declared the meeting adjourned.  Cloik Rlna  Mayor Amandal Pillion  Kimberly Kingsley,