HomeMy WebLinkAbout12-12-2007 Finance Committee MinutesMinutes approved February 12, 2008
CITY OF SARATOGA
COUNCIL FINANCE COMMITTEE
ACTION MINUTES
DATE: December 12, 2007
TIME: 4:00 p.m. – 5:30 p.m.
LOCATION: Conference Room
Saratoga City Hall
13777 Fruitvale Avenue
Saratoga, CA 95070
ATTENDEES: Page
ABSENT: Waltonsmith
OTHERS IN ATTENDANCE: Anderson and Furey
1. Approval of Prior Finance Committee Meeting Minutes:
• Action Item - Postponed due to lack of quorum
2. Oral & Written Communications: n/a
3. Old Business:
A. Business License Compliance Audit
• Action Item – None
Staff reported audit consultant had not yet replied as to their interest in providing audit
services which are limited to current year only, or to provide an alternative audit option.
4. New Business:
A. Accounting / Budgeting Training
• Action Item – None
B. Fiscal Impact Statements
• Action Item – None
Staff reviewed proposed fiscal impact statements to be used for capital project
funding requests on staff reports
C. Informal/Formal Bidding Limits
• Action Item - None
Staff reviewed Public Contract Code requirements and the variances between formal
and informal bids, and the City’s current resolution