MINUTES OF THE
CITY OF SAN RAMON FINANCE COMMITTEE
November 12, 2024
1. CALL TO ORDER
The meeting was called to order at 4:01 PM.
Attendee Name Title Status Arrived
Scott Perkins Chair Present
Sridhar Verose Vice Chair Present
Also in attendance: Steven Spedowfski, City Manager; Scott Koll, Deputy City Manager; Candace Daniels, Finance Division Manager; Roger Burton, Actuary, Precision Actuarial, Inc.; Adolfo Navarro, Accounting Specialist
2. PUBLIC COMMENT
There was no public comment on previous items.
3. APPROVAL OF MINUTES
3.1 Finance Committee - Regular Meeting - Oct 14, 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 GASB 75 OPEB Valuation Report Measured as of June 30, 2023, for Disclosures for the Fiscal Year Ending June 30, 2024
Presentation by Roger Burton, Actuary Precision Actuarial, Inc. (Zoom/Team)
The Finance Committee accepted the report.
RESULT: ACCEPTED
5.2 California Employer’s Benefit Trust (CERBT) for the Period Ending September 30, 2024
Staff Report by Candace Daniels, Finance Division Manager The Finance Committee accepted the report.
2 Finance Committee Meeting – November 12, 2024
RESULT: ACCEPTED
6. COMMITTEE MEMBER COMMENTS
Committee members had nothing additional to report.
7. ADJOURNMENT
The meeting adjourned at 4:40 PM. The next Finance Committee Meeting is scheduled for December 9, 2024.