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HomeMy WebLinkAbout05.07.2024 Finance Committee MinutesCity Council Regular Finance Committee Minutes – May 7, 2024 Page 1 MINUTES SARATOGA CITY COUNCIL FINANCE COMMITTEE REGULAR MEETING MAY 7, 2024 CALL TO ORDER The meeting was called to order at 4:00 p.m. ROLL CALL Present: Mayor Yan Zhao, Councilmember Belal Aftab Also Present: Councilmember Chuck Page (non-voting member) Councilmember Tina Walia (non-voting member) James Lindsay, City Manager Ryan Hinchman, Administrative Services Director Leslie Arroyo, Assistant City Manager John Cherbone, Public Works Director Ann Xu, Finance Manager Gina Scott, Administrative Analyst REPORT ON POSTING OF THE AGENDA The Administrative Analyst reported the agenda for this meeting was properly posted on May 2, 2024. AGENDA ITEMS 1. Finance Committee Minutes Recommended Action: Approve the minutes for the April 9, 2024, Finance Committee Regular Meeting. AFTAB/ZHAO MOVED TO APPROVE THE MINUTES FOR THE APRIL 9, 2024, FINANCE COMMITTEE REGULAR MEETING WITH THE AMENDMENT TO INCLUDE NON-VOTING MEMBER, COUNCILMEMBER WALIA. MOTION PASSED BY VERBAL ROLL CALL. AYES: AFTAB/ZHAO NOES: NONE. ABSTAIN: NONE. 2. 2024-25 Budget Overview Recommended Action: Receive a 2024-25 budget overview and provide input to City staff for their presentation to City Council on May 15th. Ryan Hinchman, Administrative Services Director, gave a summary of the 2024-25 Budget Overview. John Cherbone, Public Works Director, provided additional information regarding various budget requests. No action required. City Council Regular Finance Committee Minutes – May 7, 2024 Page 2 3. 2024-25 Enabling Budget Resolutions Recommended Action: Received draft staff reports and provide requests for clarification. Ryan Hinchman, Administrative Services Director, gave a brief overview of the enabling budget resolutions which are required by State law or the Santa Clara County Assessor for financial operations in the upcoming fiscal year. No action required. ADJOURNMENT THE MEETING WAS ADJOURNED AT 4:51 PM. Minutes respectfully submitted: Gina Scott, Administrative Analyst City of Saratoga