Audit Finance Board

AUDIT FINANCE BOARD Thursday, February 27, 2025 Conference Room 201 Regular Session 5:00 PM SECOND FLOOR OF CITY HALL 7008 S. RICE AVENUE BELLAIRE, TX 77401 Agenda Chair Gus E. Pappas Mayor Board Member Board Member Board Member Cindy Cohen Taylor Jackie Georgiou Mark McCullough Council Member Council Member Citizen Appointee Ex-Officio Member Ex-Officio Member Terrence Beaman Sharon Citino Chief Financial Officer City Manager City of Bellaire Texas Page 1 of 2 Agenda Audit Finance Board February 27, 2025 REGULAR SESSION - 5:00 P.M. A. Call to Order and Announcement of a Quorum - Gus E. Pappas, Mayor. B. Fiscal Year 2024 Audit and Annual Comprehensive Financial Report. Presentation and possible discussion of the fiscal year 2024 audit and review of the Annual Comprehensive Financial Report of the City of Bellaire, Texas, for the Year Ended September 30, 2024 - Submitted by Terrence Beaman, Chief Financial Officer; Presented by Patrick Simmons of Whitley Penn LLP, Certified Public Accountants. C. Investment Policy. Overview and possible discussion related to the City Council's annual review of the City's Investment Policy as required by the Public Funds Investment Act (Texas Government Code, Chapter 2256, Public Funds Investment, Section 2256.005, Investment Policies; Investment Strategies; Investment Officer, Subsection (e)) and by Chapter 2, Administration, Article I, In General, Section 2-10, Investment Policy, Subsection (t), Annual Review, of the Code of Ordinances of the City of Bellaire, Texas - Presented by Terrence Beaman, Chief Financial Officer. D. Adjourn. City of Bellaire Texas Page 2 of 2