Financial Advisory Board Meeting

AGENDA Financial Advisory Board Hybrid Meeting Reno City Hall, 12th Floor Conference Room 1 East First Street, Reno, NV 89501 Thursday, May 9, 2024 3:30 p.m. Members: Daren McDonald, Chair James Christman Judi Rought, Vice-Chair Charlene Hart Jillian Keller, Second Vice-Chair Richard Jay Kenneth Becker Ric Rosario Kelly Bland Brian Wadsworth Bryan Carano Council Liaison: Mayor Hillary Schieve Staff Liaison: Mark Stone Public Notice: This agenda has been physically posted in compliance with NRS 241 (notice of meetings) at Reno City Hall – 1 East First Street, Reno, Nevada 89501. In addition, this agenda has been electronically posted in compliance with NRS 241 at https://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. This meeting will be held at Reno City Hall in the 12th floor conference room and via the Zoom video conference platform. Members of the public wishing to attend the meeting may do so at the designated physical location or may hear, observe, and provide public comment virtually by pre-registering using the following link which will provide the Webinar ID and call-in phone number: https://links.reno.gov/49R54gX You can also join the meeting by typing https://zoom.us/join into your computer browser and entering the Webinar ID: 876 8122 5966. NOTE: This option will require a computer with audio and video capabilities. Alternatively, you can join the meeting by telephone only by dialing 1-669-444-9171, entering the Webinar ID: 876 8122 5966, and pressing #. Accommodation: The City of Reno, in compliance with the Americans with Disabilities Act, wishes to make all its public meetings accessible to the public. Persons who require special accommodation or assistance in attending this meeting may contact Mark Stone at 775-334-3105 at least 48 hours in advance so that arrangements can be made. Supporting Material: Staff reports and supporting material for the meeting are available by contacting Mark Stone at 775-334-3105 or stonema@reno.gov, and on the City’s website at https://www.reno.gov/meetings. 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 items from the agenda, and/or delay discussion on or continue scheduled agenda items at any time. 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 Persons wishing to address the public body at the meeting shall submit a “Request to Speak” form to Mark Stone. Virtual Pursuant to NRS 241, persons not in attendance who wish to submit public comment may do so by (1) completing the online public comment form found at https://www.reno.gov/publiccomment; (2) sending an email to stonema@reno.gov; (3) leaving a voicemail at 775-334-3105; or (4) during the virtual public comment period of the meeting. To provide public comment via Zoom, log in to the Zoom webinar at the above link and utilize the “Raise Hand” feature during any public comment period. To provide public comment via telephone only, press *9 to “Raise Hand” and *6 to mute/unmute. 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 a subsequent agenda as an action item. Comments received prior to 4:00 p.m. on the day preceding the meeting will be transcribed, provided to the public body for review, and entered into the record. Comments received after 4:00 p.m. on the day preceding the meeting will be provided to the public body 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 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 9, 2024 A.4 Approval of the Minutes (For Possible Action) – April 11, 2024  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 Financial Advisory Board Work Plan Tasks: (For Discussion Only) a) Interim Financial Report/Budget Update, including augmentations and revisions, for Fiscal Year to Date 2024. b) Debt Update c) Update on annual risk assessments of City departments, activities and processes performed by the City’s Internal Audit Division. B.2 Brief update of ongoing negotiations with labor relation groups by the City’s Human Resources Department. (For Discussion Only) B.3 Presentation and discussion of the City Manager’s Recommended Budget and Fee Schedule for Fiscal Year 24/25 by the City’s Finance Director. (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)