HomeMy WebLinkAbout04.11.2023 Finance Committee MinutesCity Council Finance Committee Minutes – April 11, 2023
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MINUTES
SARATOGA CITY COUNCIL FINANCE COMMITTEE
MEETING
APRIL 11, 2023
CALL TO ORDER
The meeting was called to order at 4:05 p.m.
ROLL CALL
Present: Mayor Kookie Fitzsimmons, Council Member Page
Also Present: James Lindsay, City Manager
Nick Pegueros, Administrative Services Director
Ann Xu, Accountant II
REPORT ON POSTING OF THE AGENDA
The Accountant reported the agenda for this meeting was properly posted on April 6, 2023.
AGENDA ITEMS
1. Finance Committee Minutes
Recommended Action:
Approve the minutes for the March 7, 2023 Finance Committee Regular Meeting and the March
29, 2023 Finance Committee Special Meeting.
PAGE/FITZSIMMONS MOVED TO APPROVE THE MINUTES FOR THE MARCH 7, 2023 FINANCE
COMMITTEE REGULAR MEETING AND THE MARCH 29, 2023 FINANCE COMMITTEE SPECIAL
MEETING. MOTION PASSED BY VERBAL ROLL CALL. AYES: PAGE/FITZSIMMONS NOES: NONE.
ABSTAIN: NONE.
2. Professional Auditor Selection
Recommended Action:
Receive recommendation from staff on selected auditor and finalize selection for City Council
approval on April 19, 2023.
Nick Pegueros, Administrative Services Director, gave a detailed overview of the process in
selecting a recommended finalist for City Council appointment of the City’s independent
auditor for the City of Saratoga. City staff recommended Moss, Levy, Hartzheim, LLP Certified
Public Accountants for appointment.
PAGE/FITZSIMMONS MOVED TO RECEIVE RECOMMENDATION FROM STAFF ON SELECTED
AUDITOR, FINALIZE SELECTION FOR CITY COUNCIL APPROVAL, AND PROVIDE CITY
City Council Finance Committee Minutes – April 11, 2023
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COUNCIL WITH ALL RESPONSES TO THE REQUESTS FOR PROPOSALS. MOTION PASSED BY
VERBAL ROLL CALL. AYES: PAGE/FITZSIMMONS NOES: NONE. ABSTAIN: NONE.
3. Financial Policies Review
Recommended Action:
Review and recommend City Council action on the 2023-24 Financial Policies.
The Financial Policies attached to the April 11, 2023 Finance Packet did not show City staff’s
track edit changes. The Finance Committee accepted staff’s request to continue the item to
May 9th.
NO ACTION NECESSARY.
4. Special Meeting
Recommended Action:
Schedule a Special Meeting to receive a 2023-24 budget overview.
Nick Pegueros, Administrative Services Director, suggested a special meeting for the Finance
Committee to receive the 2023-24 budget overview and provided dates of May 1st, May 2nd,
or the Finance Committee next regular Meeting on May 9, 2023.
PAGE/FITZSIMMONS MOVED TO RECEIVE THE BUDGET OVERVIEW AT THE REGULAR
FINANCE COMMITTEE MEETING SCHEDULED FOR MAY 9, 2023. MOTION PASSED BY VERBAL
ROLL CALL. AYES: PAGE/FITZSIMMONS NOES: NONE. ABSTAIN: NONE.
ADJOURNMENT
PAGE/FITZSIMMONS MOVED TO ADJOURN THE MEETING AT 4:23 PM. MOTION PASSED BY
VERBAL ROLL CALL. AYES: PAGE/FITZSIMMONS. NOES: NONE. ABSTAIN: NONE.
Minutes respectfully submitted:
Gina Scott, Administrative Analyst
City of Saratoga