HomeMy WebLinkAbout06-23-2015 Finance Committee MinutesMinutes approved May 15, 2008
CITY OF SARATOGA
COUNCIL FINANCE COMMITTEE
ACTION MINUTES
DATE: June 23, 2015
TIME: 11:00 a.m.
LOCATION: Council Conference Room
Saratoga City Hall
13777 Fruitvale Avenue
Saratoga, CA 95070
ATTENDEES: Miller, Cappello
ABSENT:
OTHERS IN ATTENDANCE: Staff members: Lindsay, Furey, McFarlane,
1. Approval of Prior Finance Committee Meeting Minutes:
A. Action Items – April 3, 2015 Minutes approved
2. Oral & Written Communications:
A. N/A
3. Old Business
A. Finance Policies – Working Capital / Fiscal Stabilization Fund Balance Reserves
Action Item – Bring back graph illustrating monthly cash balances rather than fund balance.
Mail graph to Finance Committee early so they can review.
Action Item – Bring back Finance Policies in general, and Facility Replacement Reserve policy
as New Business item separately.
4. New Business
A. Business License Penalty Waiver Request
Action Item – Bring Waiver Requests to City Council at next meeting.
Action Item – Contact Saratoga News to do Business License article, or put ad in paper each
year.
Action Item – Find out if code allows City to lien property (i.e. for outstanding development
receivables).
B. Business License Compliance Audit Agreement
Action Item – Bring agreement to City Council at next meeting.
C. TOT Audit
Action Item – bring back audit proposals to next Finance Committee (FC) Meeting.
D. Collection Agency Contract
Action Item – bring back outstanding AR information to next FC Meeting.
E. Committee Items
Action Item – bring back EV Charging Station profit analysis to next FC Meeting
Minutes approved May 15, 2008
Action Item – bring back Facility Replacement Reserve to further define purpose, long term
goals, funding requirements, etc. to next FC Meeting
F. Next FC meeting date
Action Item – schedule meeting for Thursday, August 20th at 12:00 noon.
5. Adjournment