637 First Street
Santa Rosa, CA 95404City of Santa Rosa
Long-Term Financial Policy and Audit
Subcommittee
Regular Meeting Minutes - Draft
4:00 PMThursday, November 9, 2023
1. CALL TO ORDER AND ROLL CALL
The meeting was called to order by Chair Rogers at 4:00pm Also Present: City Manager - Maraskeshia Smith, Assistant City Manager - Daryel Dunston
*Member MacDonald left the meeting at 4:48pm
Chair Natalie Rogers, Mark Stapp, and Dianna MacDonaldPresent: 3 -
2. PUBLIC COMMENTS NON-AGENDA MATTERS
There were no public comments
3. APPROVAL OF MINUTES
approved as submitted
3.1 Special Meeting Minutes - October 19, 2023
Special Meeting Minutes - LTFPA - October 19, 2023 - DRAFT Special Meeting Minutes - LTFPA - October 19, 2023 -approved Attachments:
4. SCHEDULED ITEMS
all items were received and filed
4.1 CALPERS UNFUNDED LIABILITY
Scott Wagner, Deputy Director of Finance and Alan Alton, Chief Financial Officer, presented the CalPERS Unfunded Liability Update.
Recommended Action: Information
CalPERS UAL PresentationAttachments:
The Committee discussed the presentation
City of Santa Rosa
Regular Meeting Minutes
November 9, 2023Long-Term Financial Policy and
Audit Subcommittee
Regular Meeting Minutes - Draft
There were no public comments
4.2 PEMHCA SECTION 115 TRUST
Scott Wagner, Deputy Director of Finance and Alan Alton, Chief Financial Officer, presented information about the Public Employees Medical and Hospital Care Act (PEMHCA).
Recommended Action: Information
PEMHCA 115 Trust PresentationAttachments:
The Committee discussed the presentation
There were no public comments
4.3 UPDATE ON FUTURE BALLOT MEASURES
Alan Alton, Chief Financial Officer, provided information about future ballot measures.
Recommended Action: Information
The Committee discussed the presentation
There were no public comments
5. FUTURE AGENDA ITEMS
No future items were added
Next regular meeting - December 14, 2023 will be cancelled The following regular meeting - January 11, 2024 has been cancelled and replaced by a Special Meeting to be held; Thursday, January 25, 2024 at 4:00pm
6. ADJOURNMENT
The meeting was adjourned by Chair Rogers at 5:20pm
City of Santa Rosa
Regular Meeting Minutes
November 9, 2023Long-Term Financial Policy and
Audit Subcommittee
Regular Meeting Minutes - Draft
Approved: ______________________
Shelley McClure, Recording Secretary