Financial Advisory Board Meeting

Financial Advisory Board Meeting Hybrid Meeting Agenda Thursday, May 11, 2023, 3:30pm Reno City Hall, 7th Floor Caucus Room One East First Street Reno, NV 89501 Members Teela McCullar, Chair James Proctor Steven Anderson, Vice-Chair Josh Rennie Kenneth Becker, Second Vice-Chair Judi Rought Richard Jay Lindsay Sessions Jillian Keller Brian Wadsworth Daren McDonald Council Liaison: Devon Reese Staff Liaison: Robert Carson Public Notice This agenda has been physically posted in compliance with NRS 241 (notice of meetings) at Reno City Hall – 1 East First Street. In addition, this agenda has been electronically posted in compliance with NRS 241 at http://www.reno.gov, and NRS 232 at https://notice.nv.gov/. To obtain further documentation regarding posting, please contact the City Clerk’s Office at (775) 334-2030, or cityclerk@reno.gov. Members of the Board/Commission/Committee may participate in this meeting using the zoom video conference platform. Members of the public may participate in the meeting by registering through the below zoom link which will provide the meeting ID number and call-in phone number. Virtual link: https://us06web.zoom.us/webinar/register/WN_MbOmGvyPTGKCDQVnAqqdcw In Person: One East First Street, 7th floor Caucus Conference Room Accommodations Reasonable efforts will be made to assist and accommodate individuals with disabilities attending the meeting. Please contact the City Clerk’s Office at (775) 334-2030 at least 48 hours in advance so that arrangements can be made. Supporting Materials Staff reports and supporting material for the meeting are available by contacting Robert Carson at (775) 334-2142, carsonr@reno.gov and on the City’s website at Reno.Gov. Pursuant to NRS 241, supporting material is made available to the general public at the same time it is provided to the public body. Order of Business The presiding officer shall determine the order of the agenda and all questions of parliamentary procedure at the meeting. Items on the agenda may be taken out of order. The public body may combine two or more agenda items for consideration; remove an item from the agenda; or delay discussion relating to an item on the agenda at any time. See, NRS 241. Items scheduled to be heard at a specific time will be heard no earlier than the stated time, but may be heard later. Public Comment In-Person A person wishing to address the public body shall submit a “Request to Speak” form to the presiding officer. Public comment, whether on items listed on the agenda or general public comment, is limited to three (3) minutes per person. Unused time may not be reserved by the speaker, nor allocated to another speaker. No action may be taken on a matter raised under general public comment until the matter is included on an agenda as an item on which action may be taken. The presiding officer may prohibit comment if the content of comments is a topic that is not relevant to, or within the authority of, the public body, or if the content is willfully disruptive of the meeting by being irrelevant, repetitious, slanderous, offensive, inflammatory, irrational or amounting to personal attacks or interfering with the rights of other speakers. Any person making willfully disruptive remarks while addressing the public body or while attending the meeting may be removed from the room by the presiding officer, See, NRS 241 and the person may be barred from further audience before the public body during that session. See, Nevada Attorney General Opinion No. 00-047 (April 27, 2001); Nevada Open Meeting Law Manual, § 8.05. Examples of disruptive conduct include, without limitation, yelling, stamping of feet, whistles, applause, heckling, name calling, use of profanity, personal attacks, physical intimidation, threatening use of physical force, assault, battery, or any other acts intended to impede the meeting or infringe on the rights of the public body or meeting participants. Virtual No action may be taken on a matter raised under general public comment until the matter is included on a subsequent agenda as an action item. Pursuant to NRS 241, those wishing to submit public comment may do so through the online public comment form found at Reno.Gov/PublicComment, by sending an email carsonr@reno.gov, by leaving a voicemail at 775-334-2142 or at the meeting during virtual public comment. Public comment is limited to three (3) minutes per person. Comments received prior to 4:00 p.m. on the day preceding the meeting will be transcribed, provided to the Board/Commission/Committee for review, and entered into the record. Comments received after 4:00 pm on the day preceding the meeting will be provided to the Board/Commission/Committee for review prior to adjournment, and entered into the record. A. Introductory Items A.1 Call To Order/Roll Call A.2 Public Comment – This item is for either public comment on any action item or for any general public comment and is limited to no more than three (3) minutes for each commentator. A.3 Approval of the Agenda (For Possible Action) – May 11, 2023 A.4 Approval of the Minutes (For Possible Action) – April 13, 2023 A.5 Council Liaison Report – Item for general announcements and informational items only. No action may be taken on this item. A.6 Staff Liaison Report – Item for general announcements and informational items only. No action may be taken on this item. B. Business Items B.1 Presentation and discussion regarding FAB Work Plan Tasks: (Informational Only) a) Interim Financial Report/Budget Update, including augmentations and revisions, for Fiscal Year to Date 2023. b) Debt Update c) Update on annual risk assessments of City departments, activities and processes performed by the City’s Internal Auditor. B.2 Presentation, discussion, and possible nomination of one member of the Financial Advisory Board to serve on the Special Event Sponsorship Committee (For Possible Action). B.3 Discussion of which performance audit topics should be included on the FY 2023/24 Internal Audit Plan and any external audits desired for FY 2023/24, as applicable (For Possible Action). B.4 Presentation, discussion, and possible recommendation to staff regarding the Budget, including Capital Improvement Plan projects and Fee Schedule, for Fiscal Year 2023/2024 (For Possible Action). B.5 Update Financial Advisory Board work plan for fiscal year 2023/2024 to be submitted to City Council for approval on July 19, 2023 or July 26, 2023 (For Possible Action). C. Board/Commission/Committee Member Reports and Announcements - Limited to items that do not appear elsewhere on the agenda. No action may be taken on this item. D. Future Agenda Items - Discussion of items for future agendas. No action may be taken on this item. E. Public Comment - This item is for either public comment on any action item or for any general public comment and is limited to no more than three (3) minutes for each commentator. F. Adjournment (For Possible Action)