Finance Committee

City of Riverside 3900 Main Street Riverside, CA 92522 (951) 826-5557 Finance Committee Agenda Meeting Date: Wednesday, January 15, 2020 2:00 PM City Hall - Art Pick Council Chamber Publication Date: Thursday, January 2, 2020 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 City of Riverside Page 1 Finance Committee Agenda January 15, 2020 1 Lance, Soll & Lunghard, LLP audit reports for Fiscal Year 2018-19 and reappointment as independent auditor for Fiscal Year 2019-20 (All Wards) Edward Enriquez, Chief Financial Officer/Treasurer Attachments: Report Comprehensive Annual Electric and Water Successor Agency Public Financing Authority Single Audit Air Quality Management District GANN Appropriations Limit CAFR Report over Financial Reporting Auditor Letter Popular Annual Financial Report LSL Presentation Presentation 2 California Public Employees’ Retirement System conceptual use of pension obligation bonds to restructure Unfunded Accrued Liability (All Wards) Edward Enriquez, Chief Financial Officer/Treasurer Attachments: Report Presentation 3 Oral communications from the audience - Please complete and submit a speaker card to the City Clerk 4 Items for future Finance Committee consideration as requested by Members of the Committee City of Riverside Page 2 Finance Committee Agenda January 15, 2020 ********* The next Finance Committee meeting is scheduled for February 12, 2020, 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 Meetings: RiversideCA.gov/Meeting or Engageriverside.com ********* 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