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HomeMy WebLinkAbout2022.04.28 Finance Committee Minutes MINUTES SARATOGA CITY COUNCIL FINANCE COMMITTEE REGULAR MEETING APRIL 28, 2022 CALL TO ORDER The meeting was called to order at 3:32 p.m. via Zoom. ROLL CALL Present: Mayor Tina Walia, Vice Mayor Kookie Fitzsimmons, Council Members Mary-Lynne Bernald Also Present: James Lindsay, City Manager Crystal Bothelio, Assistant City Manager Nick Pegueros, Administrative Services Director Agnes Pabis, Finance Manager John Cherbone, Public Works Director Debbie Pedro, Community Development Director 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 March 24, 2022 meeting. FITZSIMMONS/WALIA MOVED TO APPROVE THE MINUTES FOR THE MARCH 24, 2022 MEETING. MOTION PASSED BY VERBAL ROLL CALL. AYES: FITZSIMMONS, WALIA. NOES: NONE. ABSTAIN: NONE. 2. FY 23 Budget Preview Recommended Action: Receive FY23 Budget Preview Information. Administrative Services Director Nick Pegueros presented a preview on the budget information for FY23. 3. Road and Facility Replacement Reserve Proposed Policy Update City Council Finance Committee Minutes -April 28, 2022 Pagel Recommended Action: Receive and review updated policy and provide direction to staff. Administrative Services Director Nick Pegueros acknowledged that the policy was updated with the minor changes suggested by the Finance Committee at their last review and confirmed that the policy will be going to Council for full Council review and discussion. WALIA/FITZSIMMONS MOVED TO RECEIVE THE POLICY AND PROVIDED DIRECTION TO STAFF TO BRING IT FORWARD TO THE COUNCIL. MOTION PASSED BY VERBAL ROLL CALL. AYES: FITZSIMMONS, WALIA. NOES: NONE. ADJOURNMENT The meeting was adjourned at 4:38 p.m. Minutes respectfully submitted: Gina Scott, Administrative Analyst City of Saratoga City Council Finance Committee Minutes -April 28, 2022 Page 2