PIONEER COMMUNITY ENERGY
AUDIT & FINANCE COMMITTEE
January 3, 2024
Minutes
Entry No. 1
Heard General Administrative Functions, Part I.
Call to Order
Pioneer Community Energy Audit & Finance Committee met in open session at 11: 00 AM on January 3, 2024.
The Members convened in person and the meeting was accessible to the public at Pioneer Community Energy, 2510 Warren Drive, Suite B, Rocklin, California, 95677; remote location 2121 University Drive, Rocklin, California, 95765; and was accessible for viewer participation on the Zoom platform at the following link:
https://us06web.zoom.us/j/89000460759; and live streamed for viewing on the Pioneer website:
https://pioneercommunityenergy.orq/about-us/meetinqs-and-agendas/.
Roll Call
Committee Chair Janda (Rocklin); Director Hidahl (El Dorado County); and Director Andreatta (Lincoln).
Director Petersen (Nevada City) joined the meeting at 11: 08 AM.
Chair Janda presided over the meeting.
Public Comment
There were no comments from the public regarding items not listed on this agenda.
Agenda Review
Reviewed the meeting agenda for January 3, 2024, with no amendments made to the agenda.
Entry No. 2
Acted on the Consent Agenda as follows:
Approved Minutes of the December 6, 2023 Audit & Finance Committee regular meeting.
MOTION: Hidahl/Janda. Vote: 3:0:1.
ROLL CALL VOTE: Andreatta, Hidahl, Janda.
No/Abstain: None.
Absent: Petersen.
Entry No. 3
Audit Report (KOEHN)
Received Audit Report as presented by Pioneer's independent auditor, Pisenti & Brinker.
Received an audit report from Pisenti & Brinker, Pioneer's independent auditors. The auditor reported that the audit for years ended June 30, 2023 and 2022 financial statements is complete and reported an unmodified or 'clean' opinion that the financial statements present fairly, in all material respects, the financial position of Pioneer Community Energy as of June 30, 2023 and 2022.
The Committee moved to recommend that the Board approve the audit as received.
MOTION: Hidahl/Janda. Vote: 4:0:0.
ROLL CALL VOTE: Andreatta, Hidahl, Janda, Petersen.
No/Abstain: None.
Absent: None.
Audit & Finance Committee
January 3, 2024
Entry No. 4
Selection of Officers
Director Hid a hi moved to select Director Janda as Committee Chair for 2024.
MOTION: Hidahl/Andreatta. Vote: 4:0:0.
ROLL CALL VOTE: Andreatta, Hidahl, Janda, Petersen.
No/Abstain: None.
Absent: None.
Director Janda moved to select Director Hidahl as Committee Vice Chair for 2024.
MOTION: Hidahl/Petersen. Vote: 4:0:0 .
ROLL CALL VOTE: Andreatta, Hidahl, Janda, Petersen .
No/Abstain: None.
Absent: None.
Entry No. 5
Heard General Administrative Functions, Part II.
Executive Director Eckert informed the Committee that this being a public meeting, he could not announce Pioneer's credit rating from Standard & Poor's yet as it is still in the process of becoming public; but, we look forward to sharing good news with the Board in the coming weeks .
The meeting adjourned at 11: 17 AM.
ATTEST:
Minutes approved as presented by a majority vote
of the Audit & Finance Co!:1mittee on May 9, 2024.
Teresa Willock, Board Secretary
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