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Minutes

City Council Finance Committee
July 16, 2025

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Minutes
Meeting
July 16, 2025
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City Council Finance Committee
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Text extracted from the city's file for reading and search. Open the original on sanramonca.iqm2.com. That file is the official record.

MINUTES OF THE

CITY OF SAN RAMON FINANCE COMMITTEE
July 16, 2025

1. CALL TO ORDER
The meeting was called to order at 4:34 PM.

Attendee Name Title Status Arrived
Sridhar Verose Chair Present
Marisol Rubio Vice Chair Present
Also in attendance Steven Spedowfski, City Manager; Scott Koll, Assistant City Manager; Jennifer Wakeman, Finance Director; Michelle Joe, Finance Analyst; Adolfo Navarro, Accounting Specialist

2. PUBLIC COMMENT

3. APPROVAL OF MINUTES

3.1 Finance Committee - Regular Meeting - May 21, 2025 4:30 PM RESULT: ACCEPTED [UNANIMOUS]
AYES: Verose, Rubio

4. UNFINISHED BUSINESS

5. NEW BUSINESS

5.1 Draft Fiscal Year 2025-26 Statement of Investment Policy Staff Report by Jennifer Wakeman, Finance Director
The Finance Committee accepted the report and recommended forwarding to City Council for approval.

RESULT: RECOMMENDED

5.2 City of San Ramon Quarterly Investment Report for the Period Ending June 30, 2025
Report by Michelle Joe, Finance Analyst
Public Comment given expressed displeasure of having two meetings at the same time and asked questions of staff.

The Finance Committee accepted the report.
2 Finance Committee Meeting – July 16, 2025
RESULT: ACCEPTED

6. COMMITTEE MEMBER COMMENTS

7. ADJOURNMENT
The meeting adjourned at 4:59 PM. The next Finance Committee Meeting is scheduled for August 14, 2025.

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