HomeMy WebLinkAbout02.17.2022 Finance Committee Agenda oaf SARj SARATOGA CITY COUNCIL
FINANCE COMMITTEE
956 gC1FO February 17, 2022
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3:30 P.M. REGULAR MEETING
Teleconference/Public Participation Information to Mitigate the Spread of COVID-19
This meeting will be held entirely by teleconference. All members of the Committee and staff
will only participate via the Zoom platform using the process described below. The meeting is
being conducted pursuant to recent amendments to the teleconference rules required by the
Ralph M. Brown Act allowing teleconferencing during a proclaimed state of emergency when
local officials have recommended social distancing. The purpose of the amendments is to
provide the safest environment for the public, elected officials, and staff while allowing for
continued operation of the government and public participation during the COVID-19
pandemic.
Members of the public can view and participate in the meeting by:
1. Using the Zoom website https://us02web.zoom.us/*/82995814145 or App Webinar ID:
829 95814145 and raising their hand to speak on an agenda item when directed by the
Mayor.
2. Calling 1.669.900.6833 or 1.408.638.0968 and pressing *9 to raise their hand to speak
on an agenda item when directed by the Mayor.
The public will not be able to participate in the meeting in person.
Members of the public can send written comments prior to the meeting by commenting
online at www.saratoga.ca.us/fc prior to the start of the meeting. These emails will be
provided to the members of the Council and will become part of the official record of the
meeting.
CALL TO ORDER
ROLL CALL
ORAL COMMUNICATIONS ON NON-AGENDIZED ITEMS
Any member of the public may address the Committee about any matter not on the agenda
for this meeting for up to three (3) minutes. The law generally prohibits the Committee from
discussing or taking action on such items. The Committee may choose to place the topic on a
future agenda.
City Council Finance Committee Agenda - February 17, 2022
Page 1
AGENDA ITEMS
1. Finance Committee Minutes
Recommended Action:
Review and approve the minutes for the January 14, 2022 meeting.
Finance Committee Minutes
2. ARPA Funds
Recommended Action:
Receive staff report and US Department of Treasury- Overview of the Coronavirus State
and Local Fiscal Recovery Funds Final Rule
Staff Report
Attachment A- Coronavirus State and Local Fiscal Recovery Funds Overview of the Final
Rule
3. FY 2022-23 Operating and Capital Improvement Program Budget Process
Recommended Action:
Review and accept report
Staff Report
Attachment A- CIP Identified Projects
4. Financial Policies
Recommended Action:
Receive and review the report and attachments.
Staff Report
Attachment A- Fiscal Management Policies
Attachment B - Investment Policy
Attachment C - Debt Management Policy
Attachment D - Community Funded Infrastructure Projects
ADJOURNMENT
CERTIFICATE OF POSTING OF THE AGENDA, DISTRIBUTION OF THE AGENDA PACKET,
COMPLIANCE WITH AMERICANS WITH DISABILITIES ACT
I, Gina Scott, Administrative Analyst for the City of Saratoga, declare that the foregoing agenda
for the meeting of the City Council Finance Committee of the City of Saratoga was posted and
available for public review on February 14, 2022, at the City of Saratoga, 13777 Fruitvale Ave.,
Saratoga, CA 95070, and on the City's website at www.saratoga.ca.us.
Signed this 141" day of February 2022 at Saratoga, California.
Gina Scott, Administrative Analyst
City Council Finance Committee Agenda - February 17, 2022
Page 2
In accordance with the Ralph M. Brown Act, copies of the staff reports and other materials
provided to the Committee by City staff in connection with this agenda, copies of materials
distributed to the Committee concurrently with the posting of the agenda, and materials
distributed to the Committee by staff after the posting of the agenda are available on the City
website at www.saratoga.ca.us and are available for review in the office of the City Clerk at
13777 Fruitvale Avenue, Saratoga, California.
In compliance with the Americans with Disabilities Act and the Governor's Executive Order, if
you need assistance to participate in this meeting, please contact the City Clerk at
bavrit@saratoga.ca.us or calling 408.868.1216 as soon as possible before the meeting. The
City will use its best efforts to provide reasonable accommodations to provide as much
accessibility as possible while also maintaining public safety.
[28 CFR 35.102-35.104 ADA title 11]
City Council Finance Committee Agenda - February 17, 2022
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