Finance Committee

City of Riverside 3900 Main Street Riverside, CA 92522 (951) 826-5557 Finance Committee Agenda Meeting Date: Wednesday, June 12, 2019 1:00 PM City Hall - Art Pick Council Chamber Publication Date: Wednesday, May 29, 2019 MISSION STATEMENT The City of Riverside is committed to providing high quality municipal services to ensure a safe, inclusive, and livable community LISTENING ASSISTIVE DEVICES are available for the hearing impaired--please see City Clerk. The City of Riverside wishes to make all of its public meetings accessible to the public. Upon request, this agenda will be made available in appropriate alternative formats to persons with disabilities, as required by 42 U.S.C. §12132 of the Americans with Disabilities Act of 1990. Any person with a disability who requires a modification or accommodation in order to participate in a meeting should direct such request to the City's ADA Coordinator at (951) 826-5427 or TDD at (951) 826-5439 at least 72 hours before the meeting, if possible. Agenda related writings or documents provided to the Committee are available for public inspection in the Office of the City Clerk, at www.riversideca.gov, and in the binder located at the Concierge desk in the City Hall lobby while the meeting is in session. PLEASE NOTE--Individual audience participation is limited to 3 minutes 1 California Public Employees Retirement System Replacement Benefit Plan - Direct submittal (All Wards) Edward Enriquez, Chief Financial Officer/City Treasurer Attachments: Report Fact Sheet Compensation Letter Presentation City of Riverside Page 1 Finance Committee Agenda June 12, 2019 2 Lance, Soll & Lunghard, LLP, external auditor communication letter - Direct submittal (All Wards) Nancy Garcia, Controller Attachments: Report Letter Presentation 3 Pension Funding Policy to mitigate long-term fiscal management of California Public Employees Retirement System liability - Direct submittal (All Wards) Edward Enriquez, Chief Financial Officer/City Treasurer Attachments: Report Policy Presentation 4 Oral communications from the audience - Please complete and submit a speaker card to the City Clerk 5 Items for future Finance Committee consideration as requested by Members of the Committee ********* The next Finance Committee meeting is scheduled for July 10, 2019, at 1 p.m., in the Art Pick Council Chamber Committee meetings broadcast on AT&T Channel 99, Charter Spectrum Channel 3, and Frontier Cable Channel 21 For live Webcast of the Committee Meeting: http://riversideca.legistar.com/Calendar.aspx or visit our website at www.riversideca.gov City of Riverside Page 2 Finance Committee Agenda June 12, 2019 ********* Sign up to receive critical information such as unexpected road closures, utility outages, missing persons, and evacuations of buildings or neighborhoods. www.RiversideAlert.com City of Riverside Page 3