637 First Street
Santa Rosa, CA 95404City of Santa Rosa
Long-Term Financial Policy and Audit
Subcommittee
Regular Meeting Minutes - Final
4:00 PMThursday, September 14, 2023
1. CALL TO ORDER AND ROLL CALL
The meeting was called to order by Chair Rogers at 4:00pm Chair Natalie Rogers, Mark Stapp, and Dianna MacDonaldPresent: 3 - Also present: Chief Financial Officer - Alan Alton, Deputy Director - Scott Wagner, City Manager -Maraskeshia Smith, Financial Analyst - Mike Frugoli, Administrative Services Officer - Pam Lorence. *Committee Member MacDonald left the meeting at 4:55 pm
2. PUBLIC COMMENTS - NON-AGENDA MATTERS
Duane De Witt:
Inquired as to the status of the City's previous discussion of Public Banking.
Inquired the status of a Joint Powers Agreement from the County of Sonoma, per a 2002 Press Democrat article.
3. APPROVAL OF MINUTES
3.1 Regular Meeting Minutes - July 13, 2023
Regular Meeting Minutes - July 13, 2023 - draft
Regular Meeting Minutes - July 13, 2023 - final approved Attachments:
4. SCHEDULED ITEMS
4.1 Employee Home Loan Assistance Program
Scott Wagner, Deputy Director - Finance provided an overview of the scope and impact of an Employee Home Loan Assistance Program.
Recommended Action: Information
Employee Home Loan Program PresentationAttachments:
City of Santa Rosa
Regular Meeting Minutes
September 14, 2023Long-Term Financial Policy and
Audit Subcommittee
Regular Meeting Minutes - Final
The Committee discussed the presentation
No public comments
4.2 General Fund Revenue Options
Alan Alton, Chief Financial Officer, initiated a discussion of possible revenue enhancements for the City’s General Fund.
Recommended Action: Information
General Fund Revenue Options PresentationAttachments:
The Committee discussed the presentation
No public comments
5. FUTURE AGENDA ITEMS
1 - The next meeting will be a Special Meeting: October 19, 2023 at 4:00pm (not October 26, 2023 as noted in the agenda)
2 - Discuss CalPers
3 - Discuss OPEB
6. ADJOURNMENT
The meeting was adjourned By Chair Rogers at 5:27PM
***A corrected date for the next meeting was announced as October 19, 2023 at 4pm, not October 26, 2023***
Approved: October 19, 2023
/s/ Shelley McClure
Recording Secretary