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HomeMy WebLinkAbout02.25.2021 Finance Committee Minutes CITY OF SARATOGA ACTION MINUTES COUNCIL FINANCE COMMITTEE FEBRUARY 25, 2021 TIME 3:00 p.m. LOCATION Virtual Meeting via Zoom PRESENT Council Members: Zhao, Walia, Bernald ALSO PRESENT Staff Members: Lindsay, Furey, Jaw, Bothelio, Scott 1. APPROVAL OF PRIOR FINANCE COMMITTEE MEETING MINUTES A. October 22, 2020 Meeting Minutes – approved 2. ORAL & WRITTEN COMMUNICATIONS A. None 3. OLD BUSINESS A. None 4. NEW BUSINESS A. Finance Policies Review • Action Item: Staff to complete final re-write of: 1. General Fund Allocation, and 2. CIP Process Policy and bring red-line policies back for final review at next Finance Committee meeting. B. Operating Budget Process • Action Item: none C. Capital Budget Process • Action Item: none 5. ADJOURNMENT