HomeMy WebLinkAbout05-11-2017 Finance Committee MinutesCITY OF SARATOGA
COUNCIL FINANCE COMMITTEE ACTION
MINUTES
DATE: May 11, 2017
TIME: 11:00 a.m.
LOCATION: Administration Conference Room
Saratoga City Hall
13777 Fruitvale Avenue
Saratoga, CA 95070
PRESENT: Council Members: Miller, Lo
ABSENT: None
ALSO PRESENT: Council Members: Bernald
Staff members: Lindsay, Furey, McFarlane
1. Approval of Prior Finance Committee Meeting Minutes:
A. April 13, 2017 Minutes approved
2. Oral & Written Communications:
A. N/A
3. Old Business
A. None
4. New Business
A. Proposed FY 2017/18 Operating & Capital Budget
● Action Item – Finance committee recommends Mid-Peninsula funds for Saratoga to Sea Trail
CIP project be included in capital budget upon Mid-Peninsula’s funding approval
● Action Item – Finance committee recommends County matching funds for Hakone Garden
Koi Ponds be included in capital budget upon County’s funding approval
● Action Item – Finance committee recommends funding for Neighborhood Watch be included
in Grant Program – with $300 per group (approx. $15,000)
B. Committee Workplan
● Action Items – CDD Reserve Policy to be brought back in fall
● Action Items – No Finance Committee Meeting in July and August
C. Next FC meeting date: June 2017 – date/time to be determined
5. Adjournment Minutes approved May 15, 2008