FINANCIAL PERFORMANCE AND
BUDGET COMMITTEE MEETING
MINUTES
CITY OF
RIVERSIDE
City of Arts & Innovation WEDNESDAY, JANUARY 10, 2024, 3:00 P.M.
PUBLIC COMMENT IN PERSON/TELEPHONE
ART PICK COUNCIL CHAMBER
3900 MAIN STREET
PRESENT: Chair Hemenway, Vice Chair Cervantes, and Member Fierro ABSENT: None
STAFF PRESENT: Susan Wilson, Edward Enriquez, Brandon Mercer, Nancy Garcia, Kristie Thomas, Daniel Sanchez, Randy Solis, and Megan Stoye
ALSO PRESENT: Bryan Gruber and Keri Calloway
Chair Hemenway convened the meeting at 3:02 p.m.
ORAL COMMUNICATIONS FROM THE AUDIENCE
There was no one wishing to address the Committee.
Vice Chair Cervantes arrived during the following item.
FISCAL YEAR 2022-23 ANNUAL FINANCIAL AUDIT REPORTS FROM EXTERNAL INDEPENDENT
AUDITOR, LANCE, SOLL & LUNGHARD, LLP
Following discussion, it was moved by Member Fierro and seconded by Chair Hemenway to (1) receive and ordered filed the annual financial audit reports for Fiscal Year 2022-23; and (2) forward to the City Council the annual financial audit reports for Fiscal Year 2022-
23. The motion carried unanimously.
APPEAL
ADMINISTRATIVE APPEAL BY MONYVANN KEO OF AZUL HOSPITALITY REGARDING
TRANSIENT OCCUPANCY TAX AUDIT OF MARRIOTT RIVERSIDE AT THE CONVENTION CENTER An appeal was called to consider the request by Monyvann Keo of Azul Hospitality (Marriott Riverside at the Convention Center). Per section 5.32.120 of the City of Riverside's tax ordinance, Azul Hospitality is requesting an administrative appeal with the Financial Performance and Budget Committee to address the finding that complimentary rooms are taxable.
Following discussion, it was moved by Vice Chair Cervantes and seconded by Member Fierro to deny the appeal from Monyvann Keo of Azul Hospitality and uphold the findings FC-34
FINANCIAL PERFORMANCE AND
BUDGET COMMITTEE MEETING
MINUTES
CITY OF
RIVERSIDE
City of Arts & Innovation WEDNESDAY, JANUARY 10, 2024, 3:00 P.M.
PUBLIC COMMENT IN PERSON/TELEPHONE
ART PICK COUNCIL CHAMBER
3900 MAIN STREET
of the transient occupancy tax audit of the Marriott Riverside at the Convention Center that complementary rooms are taxable and that the unpaid amount for taxable comped rooms is due and payable, including total tax, penalties, and interest. The motion carried unanimously.
PROPOSED 2024 WORKPLANS FOR THE BUDGET ENGAGEMENT COMMISSION AND HUMAN
RELATIONS COMMISSION
Following discussion, it was moved by Member Fierro and seconded by Chair Hemenway to (1) approve the proposed 2024 Workplans for the Budget Engagement Commission and Human Relations Commission; and (2) direct staff to provide an update to the Committee every six months. The motion carried unanimously.
LEGISLATIVE UPDATE
There was no legislative update.
ITEMS FOR FUTURE COMMITTEE CONSIDERATION
Member Fierro requested an agenda item for discussion to the Financial Performance and Budget Committee regarding the possible refund of penalties accrued by hotels as a result of not paying Transient Occupancy Tax on comped rooms.
The meeting was adjourned at 4:40 p.m.
Respectfully submitted,
Christiana Kalawa
Deputy City Clerk
FC-35