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HomeMy WebLinkAbout2022.01.14 Finance Committee Minutes MINUTES SARATOGA CITY COUNCIL FINANCE COMMITTEE REGULAR MEETING JANUARY 14, 2022 CALL TO ORDER The meeting was called to order at 3:33 p.m. via Zoom. ROLL CALL Present: Mayor Tina Walia, Vice Mayor Kookie Fitzsimmons, Council Member Mary-Lynne Bernald Also Present: City ManagerJames Lindsay, Administrative Services Director Nick Pegueros, Interim Administrative Services Director Sandra Dalida, Assistant City Manager Crystal Bothelio, Administrative Analyst Gina Scott, Chavan &Associates Paul Pham ORAL COMMUNICATIONS ON NON-AGENDIZED ITEMS None AGENDA ITEMS 1 . Finance Committee Minutes Recommended Action: Review and approve the minutes for the November 18, 2021 meeting. FITZSIMMONS/WALIA MOVED TO APPROVE THE MINUTES FOR THE NOVEMBER 18, 2021 MEETING. MOTION PASSED. AYES: FITZSIMMONS, WALIA. NOES: NONE. ABSTAIN: NONE. 2. Summary Overview • Annual Comprehensive Financial Report (ACFR) • Single Audit Recommended Action: Receive verbal presentation by Chavan and Associates, LLC, the City's audit firm. Paul Pham from Chavan and Associates provided an overview of the Annual Comprehensive Report (ACFR) and Single Audit. FITZSIMMONS/WALIA MOVED TO ACCEPT THE VERBAL PRESENTATION SUMMARY OVERVIEW OF THE ANNUAL COMPREHENSIVE FINANCIAL REPORT(ACFR)AND THE SINGLE AUDIT PROCESS. MOTION PASSED. AYES: FITZSIMMONS, WALIA. NOES: NONE. ABSTAIN: NONE. ADJOURNMENT City Council Finance Committee Minutes -January 14, 2022 Page 1 The meeting was adjourned at 3:47 p.m. Minutes respectfully submitted: Gina Scott, Administrative Analyst City of Saratoga City Council Finance Committee Minutes -January 14, 2022 Page 2