Long-Term Financial Policy and Audit Subcommittee

637 First Street City of Santa Rosa Santa Rosa, CA 95404 LONG-TERM FINANCIAL POLICY AND AUDIT SUBCOMMITTEE REGULAR MEETING AGENDA AND SUMMARY REPORT - FINAL NOVEMBER 9, 2023 4:00 P.M MEMBERS OF THE PUBLIC CAN PARTICIPATE IN THE MEETING BY ATTENDING IN-PERSON FROM THE CHAMBER LARGE CONFERENCE ROOM LOCATED AT: 637 FIRST STREET. (IT IS RECOMMENDED THAT SOCIAL DISTANCING CONTINUE TO BE CONSIDERED). OR JOIN VIA ZOOM WEBINAR BY VISITING: https://srcity-org.zoom.us/j/82647331622 OR BY DIALING: 877-853-5257 AND ENTER WEBINAR ID: 826 4733 1622 . PUBLIC COMMENT/PARTICIPATION Live Public Comment: Effective immediately all public comments will be provided in person or via email submitted in advance of the meetings. Each speaker is allowed three minutes. E-mail Public Comment: To submit an e-mailed public comment to the Long-Term Financial Policy and Audit (LTFPA) Subcommittee, please send to: finance@srcity.org by 5:00PM, Monday, prior to the LTFPA meeting. E-mailed public comments will be added to the record prior to the start of the meeting and will be distributed to the LTFPA Subcommittee members and uploaded to the agenda prior to the start of the meeting for public access. Emails received will not be read into the record. Please note that all e-mails sent to the city are considered public records and subject to disclosure under the California Public Records Act 1. CALL TO ORDER AND ROLL CALL City of Santa Rosa Regular Meeting Agenda and Summary Report Page 2 of 3 Long-Term Financial Policy and Audit - FINAL NOVEMBER 9, 2023 Subcommittee 2. PUBLIC COMMENTS NON-AGENDA MATTERS This is the time when any person attending in person may address matters not listed on this agenda, but which are within the subject matter of the jurisdiction. The public may comment on scheduled agenda items when the item is called. Each speaker is allowed three minutes. 3. APPROVAL OF MINUTES 3.1 Special Meeting Minutes - October 19, 2023 Attachments: Special Meeting Minutes - LTFPA - October 19, 2023 - DRAFT 4. SCHEDULED ITEMS 4.1 CALPERS UNFUNDED LIABILITY Scott Wagner, Deputy Director of Finance and Alan Alton, Chief Financial Officer, will present the CalPERS Unfunded Liability Update. Recommended Action: Information Attachments: CalPERS UAL Presentation 4.2 PEMHCA SECTION 115 TRUST Scott Wagner, Deputy Director of Finance and Alan Alton, Chief Financial Officer, will present information about the Public Employees Medical and Hospital Care Act (PEMHCA). Recommended Action: Information Attachments: PEMHCA 115 Trust Presentation City of Santa Rosa Regular Meeting Agenda and Summary Report Page 3 of 3 Long-Term Financial Policy and Audit - FINAL NOVEMBER 9, 2023 Subcommittee 4.3 UPDATE ON FUTURE BALLOT MEASURES Alan Alton, Chief Financial Officer, will provide information about future ballot measures. Recommended Action: Information 5. FUTURE AGENDA ITEMS This time is reserved for discussion whether to place matters on a future agenda for further discussion. 6. ADJOURNMENT The City of Santa Rosa does not discriminate on the basis of disability in the admissions or access to, or treatment of or employment in, its programs or activities. Disability-related aids or services, including printed information in alternate formats, to enable persons with disabilities to participate in public meetings and programs are available by contacting the Finance Department at (707) 543-3140 (TTY Relay at 711) one week prior to the meeting. Meeting information can also be accessed via the internet at http://srcity.org. Any writing or documents provided to a majority of the Long-Term Financial Policy and Audit Subcommittee regarding any item on this agenda can be made available for public inspection upon request to finance@srcity.org.