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 - CANCELLED JANUARY 23, 2025 CANCELLED 1/23/2025 1:00 P.M. HAS BEEN CANCELLED THIS MEETING HAS BEEN CANCELLED AS OF 1/23/2025 11:45AM THE NEXT SCHEDULED MEETING WILL BE FEBRUARY 13, 2025 AT 3:00PM /s/ Shelley McClure Recording Secretary City of Santa Rosa Regular Meeting Agenda and Summary Report Page 2 of 4 Long-Term Financial Policy and Audit - CANCELLED JANUARY 23, 2025 Subcommittee PUBLIC COMMENTS AND PARTICIPATION LIVE PUBLIC COMMENT: All public comments will be provided in person or via email submitted in advance of the meetings. Each speaker is allowed up to 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 regularly scheduled 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. REMOTE PARTICIPATION UNDER AB 2449 (IF NEEDED): To consider and take action on any request from a Board Member to participate in a meeting remotely due to Just Cause or Emergency Circumstances pursuant to AB 2449 (Government Code Section 54953(f)). 1. CALL TO ORDER AND ROLL CALL 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 up to three minutes. 3. APPROVAL OF MINUTES City of Santa Rosa Regular Meeting Agenda and Summary Report Page 3 of 4 Long-Term Financial Policy and Audit - CANCELLED JANUARY 23, 2025 Subcommittee 3.1 APPROVAL OF MINUTES 4. SCHEDULED ITEMS 4.1 FY 2025 QUARTERLY BUDGET REVIEW - SECOND QUARTER Presenter: Veronica Conner, Budget & Financial Analysis Manager Purpose: Staff will present information on the budget performance, primarily the second quarter. Recommendation Action: Information 4.2 CITY INVESTMENT PORTFOLIO Presenters: Alan Alton, Chief Financial Officer Veronica Conner, Budget & Financial Analysis Manager Mike Frugoli, Budget & Financial Analyst Purpose: Staff will provide an overview of the City’s investment portfolio, including activity, monthly reporting, and the current policy. Recommendation Action: Information 5. FUTURE AGENDA ITEMS This time is reserved for discussion whether to place matters on a future agenda for further discussion. Our next regular scheduled meeting: Thursday, February 13, 2025, at 3:30 pm 6. ADJOURNMENT City of Santa Rosa Regular Meeting Agenda and Summary Report Page 4 of 4 Long-Term Financial Policy and Audit - CANCELLED JANUARY 23, 2025 Subcommittee 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: finance@srcity.org , please put in the subject line “LTFPA”, or (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 please put in the subject line: “LTFPA DOCUMENT REQUEST”