MINUTES OF THE
CITY OF SAN RAMON FINANCE COMMITTEE
October 14, 2024
1. CALL TO ORDER
Attendee
Name
Title St
at
us
Arr
ive
d
Scott
Perkins
Chair Pr
es
ent
Sridhar
Verose
Vice
Chair
Pr
es
ent
Also in attendance: Steven Spedowfski, City Manager; Scott Koll, Deputy City Manager; Candace Daniels, Finance Division Manager; Miaoxia Joe, Financial Analyst; Nicki MacPherson, Accounting Specialist
2. PUBLIC COMMENT
There was no public comment on previous items.
3. APPROVAL OF MINUTES
3.1 Finance Committee - Regular Meeting - Jul 22, 2024 4:00 PM RESULT: ACCEPTED [UNANIMOUS]
AYES: Perkins, Verose
4. UNFINISHED BUSINESS
There was no unfinished business to discuss.
5. NEW BUSINESS
5.1 California Employer’s Benefit Trust (CERBT) for the Period Ending June 30, 2024
Staff Report by Candace Daniels, Finance Division Manager RESULT: ACCEPTED
5.2 Quarterly Investment Report for the Period Ending September 30, 2024 Staff Report by Miaoxia Joe, Financial Analyst
RESULT: ACCEPTED
5.3 PARS Pension Stabilization Trust Statement for the Period Ending June 30, 2024 2 Finance Committee Meeting – October 14, 2024
Staff Report by Candace Daniels, Finance Division
RESULT: ACCEPTED
5.4 General Fund Reserve Policy and Alternatives Discussion Staff Report by Scott Koll, Deputy City Manager
Public comments were made by Gregg Carr and Susie Ferris-Inderkum.
RESULT: DISCUSSED
6. COMMITTEE MEMBER COMMENTS
Committee members had nothing additional to report.
7. ADJOURNMENT
The meeting adjourned at 5:14 PM. The next Finance Committee Meeting is scheduled for November 12, 2024.