Finance board recommends Valley View Consulting for city investment management at $30,000 per year; zoning hearings proceed
The Heath Finance & Audit Advisory Board on July 2 recommended that the City Council hire Valley View Consulting to manage the city’s investment portfolio at an annual cost of $30,000. The board heard that the fee would be offset by additional interest earnings the firm is expected to generate, directing more revenue toward city operations. The recommendation now goes to the council for a final decision.
In other city business this week, three rezoning requests that could transform large agricultural tracts into single-family neighborhoods advanced to public hearings, while a homeowner’s request for a side-yard variance also drew attention. All other actions remained at the discussion or hearing stage, with no votes taken by the council or the planning and zoning commission.
Finance board recommends investment manager
During its July 2 meeting, the Finance & Audit Advisory Board received updates on the FY 2026-2027 budget development process and the March 2026 mid-year financial report. Members then voted to recommend Valley View Consulting for investment portfolio management services. The board noted that the $30,000 annual contract cost would be funded through increased interest earnings, which would in turn support city operations. No vote tally was immediately available from the meeting minutes. The recommendation now awaits City Council approval.
Rezoning hearings set for Hubbard Drive area
The Heath City Council and the Planning & Zoning Commission each held public hearings this week on three rezoning cases that would convert farmland to single-family residential use:
- A 40-acre tract at 531 Hubbard Drive (ZA-2026-3) from agricultural (AG) to SF-43.
- A 20.99-acre parcel (RCAD Property ID 10470, ZA-2026-4) from AG to SF-43.
- A third case at 400 Heathland Crossing (ZA-26-2) from PD-SF-43 to SF-43.
The Planning & Zoning Commission continued its hearings on the two agricultural parcels on July 3, while also opening new hearings for a planned development rezoning at 400 Heathland Crossing and 1500 Laurence Drive, and an associated amendment to the city’s Future Land Use Map. None of these zoning changes have been voted on; all will be forwarded to the City Council for a final decision.
The City Council’s June 24 agenda also included votes on several capital projects, but official minutes were not yet available. Those items included a change order for the Town Center Park project, a contract to build an elevated water storage tank, and a professional services agreement for the Terry Lane sidewalk design. An update on construction of DPS Stations 30 and 31 was also on the discussion calendar.
Variance sought for Stonewall Trail home
The Board of Adjustment held a public hearing on June 26 on a variance request (Case BA-26-2) for a property at 1204 Stonewall Trail in the Cove Ridge Acres subdivision. The homeowner is seeking permission to encroach 3 feet into the required 15-foot side-yard setback under city code. No decision was reported; the board also considered approval of its May 7, 2026, meeting minutes.
Coming up
No public meetings were listed on the city’s calendar for the two weeks following July 5. The council is expected to consider the investment management recommendation and the zoning cases later this year when final votes are scheduled.
Generated from official meeting agendas and minutes — every underlying document is linked from the city page. Read the primary source before you rely on a detail.