FINANCIAL PERFORMANCE AND
BUDGET COMMITTEE
MINUTES
RIVERSIDE
City of Arts & Innovation FRIDAY, JUNE 10, 2022, 3 P.M.
PUBLIC COMMENT IN PERSON/TELEPHONE
ART PICK COUNCIL CHAMBER
3900 MAIN STREET
PRESENT: Chair Hemenway and Vice Chair Cervantes
ABSENT: Member Fierro
STAFF PRESENT: Carmen Soto, Rosemary Koo, Edward Enriquez, and Rick Kirkwood ALSO PRESENT: Bill Dennehy and Mike Meyer
Chair Hemenway convened the meeting at 3:01 p.m.
ORAL COMMUNICATIONS FROM THE AUDIENCE
There was no one wishing to address the Committee.
2020 PENSION OBLIGATION BOND AND CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT
SYSTEM (CALPERS) UPDATE
Following discussion and without formal motion, the Committee received and ordered filed an update on the Pension Obligation and CaPERS Update.
FISCAL YEAR 2021-22 THIRD QUARTER FINANCIAL UPDATE
Following discussion and without formal motion, the Committee received and ordered filed an update on the Fiscal Year 2021/22 Third Quarter Financial Update.
FISCAL YEAR 2021-22 THIRD QUARTER CASH, INVESTMENTS, AND DEBT REPORT Following discussion and without formal motion, the Committee received and ordered filed an update on the Fiscal Year 2021/22 Third Quarter Cash, Investments, and Debt Report.
ITEMS FOR FUTURE COMMITTEE CONSIDERATION
There were no items requested at this time.
The meeting adjourned at 3:59 p.m.
FC-16
FINANCIAL PERFORMANCE AND
BUDGET COMMITTEE
MINUTES
ITY O
UVERSIDE
City 5 Arts & Innovation FRIDAY, JUNE 10, 2022, 3 P.M.
PUBLIC COMMENT IN PERSON/TELEPHONE
ART PICK COUNCIL CHAMBER
3900 MAIN STREET
Respectfully submitted,
Lafo
•armen sot
Deputy City Clerk
FC-17