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Votes at a glance: Finance committee actions
Summary
The committee voted unanimously on a set of items: adoption of an uncashed-check policy, maintaining the CalTrust allocation, recommending $1.03 million in one-time allocations, and recommending acceptance of FY24''25 audited financial statements.
At the meeting the finance committee recorded unanimous votes on several formal actions. The committee approved a formal uncashed-check policy (agenda item 3), voted to maintain the current CalTrust allocation, recommended allocating $1,030,000 from excess reserves (including $830,000 for Beach Road stabilization), and recommended that the city council accept the FY 2024''25 audited financial statements. All recorded roll calls were unanimous.
The motions were procedural committee approvals that will be forwarded to the full city council for final action where applicable; staff will provide corrected worksheets and supplementary materials for the council packet.
