Regular Meeting of the Audit and Finance Committee of the Peninsula Clean Energy Authority (PCEA)
Minutes
Tuesday, October 15, 2024
8:30 a.m.
Zoom Video Conference and Teleconference
CALL TO ORDER
Meeting was called to order at 8:38 a.m. in virtual teleconference, in the Peninsula Clean Energy Authority lobby.
ROLL CALL
Participating:
Tom McCune, Belmont
Donna Colson, Burlingame, Chair
Carlos Romero, East Palo Alto
Leslie Ragsdale, Hillsborough
Absent:
Paul Llanez, Los Banos
A quorum was established.
PUBLIC COMMENT (Click to Watch)
None
ACTION TO SET AGENDA AND TO APPROVE CONSENT AGENDA ITEMS Public Comment: None
MOTION: Director Colson moved, seconded by Director Ragsdale to set the Agenda and approve Agenda Item Number 1.
1. Approval of the Minutes for the August 12, 2024 Meeting MOTION PASSED: 4-0 (Absent: Los Banos)
JURISDICTION BOARD MEMBER YES NO ABSTAIN ABSENT
Belmont Director McCune X
Burlingame Director Colson X
East Palo Alto Director Romero X
Hillsborough Director Ragsdale X
Los Banos Director Llanez X
Totals 4 1
REGULAR AGENDA
2. Chair Report
None
3. Staff Report
Nick Bijur, Chief Financial Officer, provided an update to the Audit and Finance Committee.
4. Receive and Recommend Approval of Audited Financial Statements for the Fiscal Year 2023-2024 (Action)
Nick Bijur, Chief Financial Officer, and Kellin Gilbert of Pisenti & Brinks, provided an overview of the Audited Financial Statements for the Fiscal Year 2023-2024.
MOTION: Director McCune moved, seconded by Director Ragsdale to Approve the Audited Financial Statements for the Fiscal Year 2023-2024 (Action).
MOTION PASSED: 4-0 (Absent: Los Banos)
JURISDICTION BOARD MEMBER YES NO ABSTAIN ABSENT
Belmont Director McCune X
Burlingame Director Colson X
East Palo Alto Director Romero X
Hillsborough Director Ragsdale X
Los Banos Director Llanez X
Totals 4 1
Public Comment: None
1. Committee Members’ Reports
Director Ragsdale, Hillsborough, gave a brief committee member report.
ADJOURNMENT
Meeting was adjourned at 9:36 a.m.