HomeMy WebLinkAbout04.09.2024 Amended Finance Committee AgendaCity Council Finance Committee Agenda April 9, 2024
Page 1 of 3
SARATOGA CITY COUNCIL
FINANCE COMMITTEE
April 9, 2024
4:00 P.M. REGULAR MEETING
AMENDED AGENDA
• 5. PRESENTATION SLIDES ADDED 04/09/2024
Public Participation Information
In accordance with Saratoga City Council’s Remote Public Participation Policy, members of the
public may participate in this meeting in person at the location listed below or via remote
attendance using the Zoom information below. In the event remote participation technology is
unexpectedly unavailable, the meeting will proceed in person without remote participation.
Members of the public can view and participate in the meeting by:
1. Attending the meeting in person in the Linda Callon Conference Room located at 13777
Fruitvale Avenue, Saratoga CA 95070; OR
2. Accessing the meeting through Zoom
* Webinar URL https://us02web.zoom.us/j/88539638908
* Webinar ID: 885 3963 8908
* Calling 1.669.900.6833 or 1.408.638.0968
Written Communication
Comments can be submitted in writing at www.saratoga.ca.us/fc. Written communications will
be provided to the members of the City Council and included in the Agenda Packet and/or in
supplemental meeting materials.
Public Comment
Members of the public may comment on any item for up to three (3) minutes. The amount of
time for public comment may be reduced by the Mayor.
Meeting Recording Information
In accordance with the Saratoga City Council’s Meeting Recording Policy, the City Council
Finance Committee Meetings are recorded and made available following the meeting on the
City website.
City Council Finance Committee Agenda April 9, 2024
Page 2 of 3
CALL TO ORDER
ROLL CALL
Public Comment
AGENDA ITEMS
1. Finance Committee Minutes
Recommended Action:
Review and approve the minutes for the February 13, 2024 Finance Committee Regular
Meeting.
Finance Committee Minutes
2. Financial Policies
Recommended Action:
Review and provide updates to the City Council adopted financial policies.
Memo - Annual Financial Policies Review
Attachment A - Responses to Questions from 2-13-24 Meeting
Attachment B - Redlined Financial Policies
3. Treasurer’s Report Overview
Recommended Action:
Receive report overview of the monthly Treasurer’s Report – No action required.
Memo - Treasurer's Report Overview
Attachment A -Treasurer Report February 2024
4. Transfer to CalTRUST
Recommended Action:
Receive report on transfer to CalTRUST Joint Powers Authority (JPA) Investment Pool - No
action required.
Memo - Transfer to CalTRUST
Attachment A - Historical Investment Returns
5. Fiscal Year 2025 Preliminary Budget
Recommended Action:
Receive fiscal year 2025 Preliminary Budget Report – No action required.
Memo - Fiscal Year 2025 Budget Overview
Presentation Slides (added 04-09-2024)
City Council Finance Committee Agenda April 9, 2024
Page 3 of 3
ADJOURNMENT
CERTIFICATE OF POSTING OF THE AGENDA, DISTRIBUTION OF THE AGENDA PACKET,
COMPLIANCE WITH AMERICANS WITH DISABILITIES ACT
I, Gina Scott, Administrative Analyst for the City of Saratoga, declare that the foregoing agenda
for the meeting of the City Council Finance Committee was posted and available for public
review on April 4, 2024, at the City of Saratoga, 13777 Fruitvale Ave., Saratoga, CA 95070, and
on the City’s website at www.saratoga.ca.us.
Signed this 4th day of April 2024 at Saratoga, California.
Gina Scott, Administrative Analyst
In accordance with the Ralph M. Brown Act, copies of the staff reports and other materials
provided to the Committee by City staff in connection with this agenda, copies of materials
distributed to the Committee concurrently with the posting of the agenda, and materials
distributed to the Committee by staff after the posting of the agenda are available on the City
website at www.saratoga.ca.us and are available for review in the office of the City Clerk at
13777 Fruitvale Avenue, Saratoga, California.
In compliance with the Americans with Disabilities Act and the Governor’s Executive Order, if
you need assistance to participate in this meeting, please contact the City Clerk at
bavrit@saratoga.ca.us or call 408.868.1216 as soon as possible before the meeting. The City will
use its best efforts to provide reasonable accommodations to provide as much accessibility as
possible while also maintaining public safety. [28 CFR 35.102-35.104 ADA title II]