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www.modestogov.com
MINUTES
City of Modesto
FINANCE COMMITTEE / COUNCIL WORKSHOP
2001-40 Del Puerto Room
Tenth Street Place, 1010 10th Street
Modesto, California
Monday, August 25, 2025 at 4:00 PM
Roll Call: Present: Committee Member Bavaro, Chair Escutia-Braaton
Absent: Vice-Chair Wright
PUBLIC COMMENTS PERIOD
None.
COMMENTS BY E-MAIL
None.
CONSENT ITEMS – ROLL CALL VOTE REQUIRED:
ACTION CONSENT ITEMS 1-7 (Bavaro/Escutia-Braaton; 2/0)
CONSENT
Consent
1. Consider the recommended budget adjustments to Fiscal Year 2024-25 and Fiscal Year 2025-26 Annual Operating and Capital Improvement Program Budgets; amending the Fiscal Year 2025-26 Position Allocation; and forwarding to Council for approval. (Funding Source: Various Funds)
Motion recommending the budget adjustments to 2024-25 and 2025-26 Annual Operating and Capital Improvement Program Budgets; and forwarding to Council for approval.
Motion recommending amending the Position Allocation for Fiscal Year 2025- 26 as adopted in the operating budget; and forwarding to Council for approval.
BUDGET; Kaceey Culbertson, 209-571-5855, [email protected] - 2 -
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ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending the budget adjustments to 2024-25 and 2025-26 Annual Operating and Capital Improvement Program Budgets; and forwarding to Council for approval.
ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending amending the Position Allocation for Fiscal Year 2025-26 as adopted in the operating budget; and forwarding to Council for approval.
Consent
2. Consider declaring specified City-Owned Properties as Exempt Surplus Land, directing the City Manager or their designee to negotiate the conveyance of such properties in accordance with the Surplus Land Act and forwarding to Council for approval. (Funding Source: Various Funds)
Motion recommending a Resolution declaring specified City-Owned Properties as Exempt Surplus Land and directing the City Manager or their designee to negotiate the conveyance of such properties in accordance with the Surplus Land Act and forwarding to Council for approval.
CITY MANAGER; Simerdip Bhangoo, 209-571-5571, [email protected] ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending a Resolution declaring specified City-Owned Properties as Exempt Surplus Land and directing the City Manager or their designee to negotiate the conveyance of such properties in accordance with the Surplus Land Act and forwarding to Council for approval.
Consent
3. Consider a First Amendment to the Agreements with Bender Rosenthal Inc., Thompson & Thompson and Hulberg & Associates dba Valbridge Property Advisors for Commercial and Residential Real Estate Appraisal Services increasing the Agreement amounts by $17,000 each and forwarding to Council for approval. (Funding Source: Various Funds)
Motion recommending a First Amendment to the Agreements with Bender Rosenthal Inc., Thompson & Thompson and Hulberg & Associates dba Valbridge Property Advisors increasing the Agreements by $17,000 for each consultant and a revised combined amount not to exceed $150,000 over three years and forwarding to Council for approval.
CITY MANAGER; Scotty Douglass, 209-577-9149, [email protected] ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending a First Amendment to the Agreements with Bender Rosenthal Inc., Thompson & Thompson and Hulberg & Associates dba Valbridge Property Advisors increasing the Agreements by $17,000 for each consultant and a revised combined amount not to exceed $150,000 over three years and forwarding to Council for approval.
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Consent
4. Consider the Fiscal Year 2024-25 Write-off and Adjustments reports through fiscal year-end June 30, 2025, in the total amount of $459,603 and forwarding to Council for approval. (Funding Source: Various Funds)
Motion recommending the acceptance of Fiscal Year 2024-2025 Write-Off and Adjustments reports through fiscal year end June 30, 2025, in the total amount of $459,603 and forwarding to Council for approval.
FINANCE DEPARTMENT; Vanessa Ferrel, 209-571-5174, [email protected] ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending the acceptance of Fiscal Year 2024-2025 Write-Off and Adjustments reports through fiscal year end June 30, 2025, in the total amount of $459,603 and forwarding to Council for approval.
Consent
5. Consider a report on Fiscal Year 2024-2025 unclaimed funds of $24,060 that can be transferred to the General Fund and forwarding to Council for approval. (Funding Source: General Fund)
Motion recommending the acceptance of Fiscal Year 2024-2025 unclaimed funds of $24,060 that can be transferred to the General Fund and forwarding to Council for approval.
FINANCE DEPARTMENT; Vanessa Ferrel, 209-571-5174, [email protected] ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending the acceptance of Fiscal Year 2024-2025 unclaimed funds of $24,060 that can be transferred to the General Fund and forwarding to Council for approval.
Consent
6. Consider the report detailing City personal property sold, donated, or disposed of during Fiscal Year 2024-25 and forwarding to Council for approval. (Funding Source:
Various Funds)
Motion recommending the review of the report detailing City personal property sold, donated, or disposed of during Fiscal Year 2024-25 and forwarding to Council for approval.
FINANCE DEPARTMENT; Vanessa Ferrel, 209-571-5174, [email protected], ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending the review of the report detailing City personal property sold, donated, or disposed of during Fiscal Year 2024-25 and forwarding to Council for approval.
Consent
7. Consider the submission of a Grant Application to the United States Environmental Protection Agency - Community Grants Program for the Grayson Water Infrastructure Improvements Project and forwarding to Council for approval. (Funding Source: Water Fund)
Motion recommending the submission of a Grant Application to the United States Environmental Protection Agency - Community Grants Program for the - 4 -
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Grayson Water Infrastructure Improvements Project and forwarding to Council for approval.
UTILITIES; Edgar Vargas, 209-577-5424, [email protected] ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending the submission of a Grant Application to the United States Environmental Protection Agency - Community Grants Program for the Grayson Water Infrastructure Improvements Project and forwarding to Council for approval.
NEW BUSINESS
8. Consider delegating the responsibility for investment transactions to the Director of Finance and accepting the Annual Investment Report for Fiscal Year 2024-2025 and forwarding to Council for approval. (Funding Source: Various Funds) Motion delegating the responsibility for investment transactions to the Director of Finance and accepting the Annual Investment Report for Fiscal Year 2024- 2025 and forwarding to Council for approval.
FINANCE DEPARTMENT; Calogero Maniscalco, 209-577-5219,
[email protected]
ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion delegating the responsibility for investment transactions to the Director of Finance and accepting the Annual Investment Report for Fiscal Year 2024-2025 and forwarding to Council for approval.
9. Consider the issuance of Wastewater Revenue Bonds, Series 2025 in a not to exceed aggregate principal amount of $60,000,000 to finance the construction of the River Trunk Realignment – Pump Station Construction Project and forwarding to Council for approval. (Funding Source: Sewer Fund)
Motion recommending the issuance of Wastewater Revenue Bonds, Series 2025 in a not to exceed aggregate principal amount of $60,000,000 to finance the construction of the River Trunk Realignment – Pump Station Construction Project and forwarding to Council for approval.
FINANCE DEPARTMENT; DeAnna Christensen, 209-577-5387,
[email protected]
ACTION: (Bavaro/Escutia-Braaton; 2/0) Motion recommending the issuance of Wastewater Revenue Bonds, Series 2025 in a not to exceed aggregate principal amount of $60,000,000 to finance the construction of the River Trunk Realignment – Pump Station Construction Project and forwarding to Council for approval.
ADJOURNMENT
This meeting adjourned at 4:35 p.m.
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Attest: ___
Reyna Mendoza, Deputy City Clerk