PIONEER COMMUNITY ENERGY
AUDIT & FINANCE COMMITTEE
January 9, 2025
Minutes
Entry No. 1
Heard General Administrative Functions, Part I.
Call to Order
Pioneer Community Energy Audit & Finance Committee met in open session at 3:00 PM on January 9, 2025.
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; was accessible for viewer participation on the Zoom platform at the following link: https://us06web.zoom.us/j/85139166814; and live streamed for viewing on the Pioneer website : https://pioneercommunityenergy.org/about-us/meetings-and-agendas/.
Roll Call
Committee Chair Janda (Rocklin) and Director Ring (Loomis).
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 9, 2025, with no amendments made to the agenda.
Entry No. 2
Acted on the Consent Agenda as follows:
Approved Minutes of the May 9, 2024, Audit & Finance Committee regular meeting.
MOTION: Janda/Ring. Vote: 2:0:1.
ROLL CALL VOTE: Janda, Ring.
Absent: Petersen.
Entry No. 3
Financial Audit
Received a report from independent auditor, Pisenti & Brinker, for audits of the three years-ended June 30, 2024, and 2023 financial statements with unmodified opinion as the financial statements are materially accurate with no significant deficiencies or material weakness in internal control noted.
Chief Executive Officer Eckert expressed appreciation for Finance & Administration Director Koehn and staff; and to Pioneer Community Energy staff for adherence to policy and internal controls.
Finance & Administration Director Koehn expressed appreciation and acknowledged Maher Accountancy.
Entry No. 4
Procurement Policy Modifications
Considered the Procurement Policy Modifications recommendation.
Received staff presentation and agreed to the proposed modifications which will be prepared by General Counsel and presented to the Board of Directors for consideration .
Audit & Finance Committee
January 9, 2025
Paae 2
Entry No. 5
2025 Rates
Received a report on 2025 Rates from Chief Executive Officer Eckert; provided direction to staff; and, recommended the Board of Directors consider a four percent discount. The Committee also suggested for staff to only use the summary slide in the presentation to the Board of Directors, without each detailed slide.
The meeting adjourned at 4:06 PM.
ATTEST:
Minutes approved as presented by a majority vote
of the Audit & Finance Committee on May 12, 2025.
Teresa Willock, Board Secretary
2