416 N Franklin Street
Fort Bragg, CA 95437
Phone: (707) 961-2823
Fax: (707) 961-2802
City of Fort Bragg
Meeting Minutes
Finance and Administration Committee
Wednesday, December 14, 2022 4:00 PM Via Video Conference
MEETING CALLED TO ORDER
Chair Albin-Smith called the meeting to order at 4:00 PM.
ROLL CALL
Present: 2 - Tess Albin-Smith and Marcia Rafanan
1. APPROVAL OF MINUTES
22-611 Approve minutes of November 9, 2022
A motion was made by Committee Member Albin-Smith, seconded by Committee Member Rafanan, that the Committee Minutes be approved for Council review.
The motion carried by the following vote:
Aye: 2 - Committee Member Albin-Smith and Committee Member Rafanan
2. PUBLIC COMMENTS ON NON-AGENDA ITEMS
Jacob Patterson.
3. CONDUCT OF BUSINESS
3A. 22-613 Receive Reportable Items Report: Includes Treasury Report, Approved Intradepartmental Budget Transfers, Contracts Under $25k Approved by the City Manager, Contract Change Orders Not Exceeding 10% of Contract, and Disbursements Listing
Finance Director, Isaac Whippy gave an update on the Quarter 1 FY 22-23 reportable items. Mr.
Whippy gave a detailed update on the Treasurer's Report, including Cash and Investment balances and allocations. Mr. Whippy asked if the Committee Members had any questions about the disbursements list, change orders and contracts under $25K.
Public Comment: Jacob Patterson.
Discussion: There was discussion among staff and committee members in regards to certain checks paid and also mentioned were The City's investment strategies. Mr. Whippy provided clarification on the liquidity of our assets and also responded to questions about the recession. 3B. 22-608 Receive Oral Update from Staff on Departmental Activities Finance Director, Isaac Whippy gave an update about the finalizing of the financial statements.
The audit also concluded and presents great news for the finance department as there were no major issues found. The City of Fort Bragg Finance Department was awarded Excellence in City of Fort Bragg Page 1 Printed on 1/6/2023
Finance and Administration December 14, 2022
Committee
Meeting Minutes
Financial Reporting. Business license renewals will be sent out by the end of December and will be due on February 28, 2023.
Public Comment: None.
Discussion: None.
4. MATTERS FROM COMMITTEE / STAFF
City Manager gave an update on some new and upcoming policies including credit card policies for city staff, donation policy and public comment policy.
ADJOURNMENT
Chair Albin-Smith adjourned the meeting at 4:29 PM.
City of Fort Bragg Page 2 Printed on 1/6/2023