637 First Street
Santa Rosa, CA 95404City of Santa Rosa
Long-Term Financial Policy and Audit
Subcommittee
Regular Meeting Minutes - Draft
4:00 PMThursday, August 14, 2025
1. CALL TO ORDER AND ROLL CALL
Chair Mark Stapp, Caroline Bañuelos, and Jeff OkrepkiePresent: 3 -
2. PUBLIC COMMENTS NON-AGENDA MATTERS
No public was present/no comment
3. APPROVAL OF MINUTES
Minutes were Approved as Submitted
3.1 Approval of Minutes
Cancellation - LTFPA - 7-10-2025
Regular Meeting Minutes - LTFPA - 6-12-2025 - draft
Regular Meeting Minutes - LTFPA - 6-12-2025 - approved
Attachments:
4. SCHEDULED ITEMS
4.1 AUDIT UPDATE
Presenter: Alan Alton, Chief Financial Officer
Purpose: CFO will provide an update on the City’s internal audit program.
Recommendation: Information
4.1 Audit Update PresentationAttachments:
The Committee discussed the presentation
No Public Comment
4.2 BUDGET REDUCTION UPDATE
Presenter: Scott Wagner, Deputy Director, Finance
City of Santa Rosa
Regular Meeting Minutes
August 14, 2025Long-Term Financial Policy and
Audit Subcommittee
Regular Meeting Minutes - Draft
Purpose: Deputy Director Wagner will give a presentation summarizing the General Fund budget reductions to date and the General Fund reduction methodology going forward.
Recommendation: Information
4.2 - Budget Reductions PresentationAttachments:
The Committee discussed the presentation
No Public Comment
4.3 FINANCIAL PRESENTATIONS
Presenter: Alan Alton, Chief Financial Officer
Purpose: CFO will open a discussion on what information the subcommittee, or the Council as a whole, would want to see in future financial presentations.
Recommendation: Information
The Committee discussed the presentation
No Public Comment
5. FUTURE AGENDA ITEMS
6. ADJOURNMENT
This meeting was adjourned by Chair Stapp at 5:22 pm
Chair Mark Stapp, Caroline Bañuelos, and Jeff OkrepkiePresent: 3 - APPROVED: ________________
Victoria Luna, Recording Secretary