COUNCIL FINANCE COMMITTEEMINUTES
SPECIAL MEETINGMONDAY, FEBRUARY 28, 2022VIDEO CONFERENCE MEETING WITH NO PHYSICAL MEETING LOCATION5:00 P.M.1.CALL TO ORDERChair Lieber called the meeting to order at 5:00 p.m.2.ROLL CALLPresent: Committee members Lucas Ramirez, Lisa Matichak, and Chair Sally Lieber.Absent: None.3.MINUTES APPROVALMotionM/S Ramirez/MatichakCarried 3-0Approve the minutes for the Special Meeting of November 22, 2021.4.ORAL COMMUNICATIONS FROM THE PUBLICNone.5.UNFINISHED BUSINESSNone.6.NEW BUSINESS6.1TO INCLUDE GASB 87 CONSULTATION SERVICESStaff recommends approval from the Committee to extend the contract withll, LLP (MGO) for an additional two years (Fiscal Years 2021-22 and 2022-23) and also amend the auditing contract to include consulting services for the GASB 87 implementation. The total audit contract amount, Council Finance Committee Minutes
February 28, 2022
including additional services, will be $167,974 for Fiscal Year 2021-22 and $147,974 for Fiscal Year 2022-23.
Motion M/S Lieber/Ramirez Carried 3-0 Move to recommend that the City Council adopt staff recommendations.
7. COMMITTEE/STAFF COMMENTS, QUESTIONS, COMMITTEE REPORTS Chair Lieber suggested future discussion on sending a letter to LAIF to have a policy for socially responsible investing.
8. ADJOURNMENT
The meeting was adjourned at 5:21 p.m.
These Minutes are hereby submitted for
approval by Victoria Labrador, Recording
Secretary.
Approved on __11/30/2022____.
GZ/4/FIN
541-02-28-22mn