Regular Meeting of the Audit and Finance Committee of the Peninsula Clean Energy Authority (PCEA)
Minutes
Monday, November 12, 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 and in Los Banos City Hall Conference Room B.
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: 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 2025 Audit and Finance Committee Meeting Schedule
2. Approval of Minutes from the October 15, 2024 Audit and Finance Committee 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
3. Chair Report
Carlos Romero, Chair of the Audit and Finance Committee gave a brief chair report.
4. Staff Report
Nick Bijur, Chief Financial Officer, provided an update to the Committee.
5. Q1 Fiscal Year 2025 Financial Report (Quarter Ending September 30, 2024) (Discussion) Nick Bijur, Chief Financial Officer, provided an overview of the Q1 Fiscal Year 2025 Financial Report.
Public Comment: None
6. Committee Members’ Reports
Leslie Ragsdale made a brief committee member report.
ADJOURNMENT
Meeting was adjourned at 9:34 a.m.