Financial Review Committee - January 31 2023

Financial Review Committee · June 12, 2023

0:00/44m

44:28

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10:00

20:00

30:00

44:28

Call to order, roll call, public comment

Presentation

0:05 → 0:50(45s)

Meeting called to order; roll call conducted by staff (members Killebrew, Mitchell, Pagano, Vice Chair Frost, Chair Amezkwa referenced). Staff reports no public comment slips; public comment period closed with none present.

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The Financial Review Committee held an organizational meeting, heard the quarterly financial report through 12/31/2022, supported a one-year extension of the citys audit contract, recommended a $2 million additional discretionary payment to CalPERS to reduce the citys unfunded pension liability, and approved investing $8 million of the community investment account in a two-year Treasury note.

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Transcript

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