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HomeMy WebLinkAbout2022.02.17 Finance Committee Minutes MINUTES SARATOGA CITY COUNCIL FINANCE COMMITTEE REGULAR MEETING FEBRURY 17, 2022 CALL TO ORDER The meeting was called to order at 3:35 p.m. via Zoom. ROLL CALL Present: Mayor Tina Walia, Vice Mayor Kookie Fitzsimmons, Council Member Mary-Lynne Bernald Also Present: City Manager James Lindsay, Administrative Services Director Nick Pegueros, Assistant City Manager Crystal Bothelio, Finance Manager Agnes Pabis, Public Works DirectorJohn Cherbone, Administrative Analyst Gina Scott ORAL COMMUNICATIONS ON NON-AGENDIZED ITEMS None AGENDA ITEMS 1 . Finance Committee Minutes Recommended Action: Review and approve the minutes for the January 14, 2022 meeting. FITZSIMMONS/WALIA MOVED TO APPROVE THE MINUTES FOR THE JANUARY 14, 2022 MEETING. MOTION PASSED. AYES: FITZSIMMONS, WALIA. NOES: NONE. ABSTAIN: NONE. 2. ARPA Funds Recommended Action: Receive staff report and US Department of Treasury - Overview of the Coronavirus State and Local Fiscal Recover Funds Final Rule. City Manager James Lindsay presented report on ARPA funds. 3. FY 2022-23 Operating and Capital Improvement Program Budget Process Recommended Action: Review and accept report. Administrative Services Director Nick Pegueros presented report on CIP process and identified projects. City Council Finance Committee Minutes - February 17, 2022 Page 1 4. Financial Policies Recommended Action: Receive and review the report and attachments. Administrative Services Director Nick Pegueros presented report and financial policies for consideration. There was a consensus of the Finance Committee to move the Finance Committee meetings from the third Thursday of the month to the fourth Thursday of the month. ADJOURNMENT The meeting was adjourned at 4:37 p.m. Minutes respectfully submitted: Gina Scott, Administrative Analyst City of Saratoga City Council Finance Committee Minutes - February 17, 2022 Page 2