HomeMy WebLinkAbout02-06-2015 Finance Committee MinutesMinutes approved May 15, 2008
CITY OF SARATOGA
COUNCIL FINANCE COMMITTEE
ACTION MINUTES
DATE: February 6, 2015
TIME: 8:30 a.m.
LOCATION: Admin Conference Room
Saratoga City Hall
13777 Fruitvale Avenue
Saratoga, CA 95070
ATTENDEES: Miller, Cappello
ABSENT:
OTHERS IN ATTENDANCE: Staff members: Lindsay, Furey, McFarlane, Bretschneider, Riordan,
Bothelio
1. Approval of Prior Finance Committee Meeting Minutes:
A. Action Items – December 1, 2014 Minutes approved
2. Oral & Written Communications:
A. N/A
3. Old Business
A. Capital Improvement Process Policy
Action Item – for next year: add fiscal year project was adopted, and dollar amounts to be
expended this fiscal year / carried over to next fiscal year onto current project budget sheets for
review during CIP Process.
Action Item – Development Reserve policy to be revised for project / expense appropriation and
then included in Finance Policy for review at Budget Study Session.
4. New Business
A. Council & Commission Expense Policy
Action Item – bring revised policy to Council for approval
B. Village Façade Improvement Program
Action Item – bring revised policy to Council for approval with direction for Finance
Committee to approve façade applications (in lieu of former Village Ad Hoc approval).
C. Mid-Year Budget Report Review
Action Item – separate the UAL discussion and budget resolution into a separate report from
Mid-Year Budget review. City Manager to present reports.
D. Budget Calendar
Action Item – none
E. Committee Items
Action Item – Queue up a Facility status and needs review for refined Facility Infrastructure
Reserve discussion
Action Item – Queue up Purchasing Policy for review
F. Next meeting date
Action Item – schedule meeting for March 6th, 8:30am.
5. Adjournment