HomeMy WebLinkAbout2022.03.24 Finance Committee Minutes MINUTES
SARATOGA CITY COUNCIL FINANCE COMMITTEE
REGULAR MEETING
MARCH 24, 2022
CALL TO ORDER
The meeting was called to order at 3:30 p.m. via Zoom.
ROLL CALL
Present: Mayor Tina Walia, Vice Mayor Kookie Fitzsimmons, Council Members Mary-Lynne
Bernald, Yan Zhao
Also Present: James Lindsay, City Manager
Crystal Bothelio, Assistant City Manager
Nick Pegueros, Administrative Services Director
Agnes Pabis, Finance Manager
Gina Scott, Administrative Analyst
ORAL COMMUNICATIONS ON NON-AGENDIZED ITEMS
None
AGENDA ITEMS
1 . Finance Committee Minutes
Recommended Action:
Review and approve the minutes for the February 17, 2022 meeting.
FITZSIMMONS/WALIA MOVED TO APPROVE THE MINUTES FOR THE FEBRUARY 17, 2022
MEETING. MOTION PASSED BY VERBAL ROLL CALL. AYES: FITZSIMMONS, WALIA. NOES:
NONE. ABSTAIN: NONE.
2. Review Financial Policies
Recommended Action:
Receive and review policies and provide direction to staff.
Administrative Services Director Nick Pegueros presented report on current policies and
suggested edits.
WALIA/FITZSIMMONS MOVED TO ASK STAFF TO WORK ON POLICY LANGUAGE KEEPING
SOME OF THE CONTEXT AND MODIFYING LANGUAGE TO REFLECT THE INTENT OF BOTH
THE ROADS AND FACILITY REPLACEMENT FOR THIS RESERVE GOING FORWARD, IN A
MANNER THAT IS EASY TO READ: KEEPS HISTORICAL CONTENT IN PLACE AND THE PCI
GOAL AT 70 UNDERSTANDING THAT THERE IS A LOT OF WORK AHEAD: AND, ALLOW FOR
City Council Finance Committee Minutes - March 24, 2022
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ADDITIONAL FUNDS TO BE AVAILABLE TO REDUCE THE DECLINE OF THE PCI OF THE
ROADS. MOTION PASSED BY VERBAL ROLL CALL. AYES: FITZSIMMONS, WALIA. NOES: NONE.
3. Format Update to Monthly Treasurer's Report
Recommended Action:
Receive and review Treasurer's Report format and provide direction to staff.
Administrative Services Director Nick Pegueros presented report on suggested format
changes to the current Treasurer's Report.
WALIA/FITZSIMMONS MOVED TO RECOMMEND THAT COUNCIL LOOK AT ATTACHMENTS B
& C TOGETHER AS THE NEW FORMAT GOING FORWARD WITH THE ADDITION OF THE
INFORMATION REGARDING FUND BALANCE BUT NOT IN A BAR CHART FORMAT.
MOTION PASSED BY VERBAL ROLL CALL. AYES: FITZSIMMONS, WALIA. NOES: NONE.
4. Master Fee Schedule Discussion (no written staff report)
Recommended Action:
Discuss options for master Fee Schedule updates.
Administrative Services Director Nick Pegueros provided a presentation on the Fee Schedule.
WALIA/FITZSIMMONS MOVED TO RECEIVE THE REPORT AND RECOMMENDED THE 2%
INCREASE TO THE FEES AS SUGGESTED BY STAFF INCLUDING ROUNDING FEE AMOUNTS
UP TO $5.00 INCREMENTS. MOTION PASSED BY VERBAL ROLL CALL. AYES: FITZSIMMONS,
WALIA. NOES: NONE
ADJOURNMENT
The meeting was adjourned at 5:01 p.m.
Minutes respectfully submitted:
Gina Scott, Administrative Analyst
City of Saratoga
City Council Finance Committee Minutes - March 24, 2022
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