Loading...
2017 06 12 FAC MinutesCALL TO ORDER CONSENT CALENDAR ITEM NO. 2 FINANCIAL ADVISORY COMMISSION MINUTES MONDAY, JUNE 12, 2017 A special meeting of the La Quinta Financial Advisory Commission was called to order at 4:00 p.m. by Chairperson Batavick. PRESENT: ABSENT: Commissioners Lopez, Mills, Rosen, Turbow, Twohey, and Chairperson Batavick None PLEDGE OF ALLEGIANCE Commissioner Rosen led the audience in the pledge of allegiance. PUBLIC COMMENT - None ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS 1. INTRODUCTION OF COMMISSIONERS AND CITY SUPPORT STAFF Finance staff and Commissioners introduced themselves and provided information on their experience and background. CONFIRMATION OF AGENDA Chairperson Batavick requested that Study Session Item No. 1 be taken up first. The Commission concurred. STUDY SESSION 1. FISCAL YEAR 2017/18 PROPOSED OPERATING BUDGET Finance Director Campos, Community Resource Director Escobedo, and Community Programs and Wellness Supervisor Calderon presented the staff report, which is on file in the Finance Department. Community Programs and Wellness Supervisor Calderon presented the Commission with a handout on Community Programs and Wellness Report overview, which was made publically available, and is on file in the Finance Department. FINANCIAL ADVISORY COMMISSION MINUTES SPECIAL MEETING 1 JUNE 12, 2017 Finance Director Campos also presented the Commission with a handout on the total General Fund budget breakdown, which was made publically available, and is on file in the Finance Department. General discussion followed regarding technology services; Thermal Police Station operating costs; Measure G funds; fitness center operation costs; Wellness Center hours of operations and activities provided. The Commission further discussed considering resident and non-resident Wellness Center memberships; as well as multi-year memberships. CONSENT CALENDAR ITEMS 1. RECEIVE AND FILE THE THIRD QUARTER FISCAL YEAR 2016/17 TREASURY AND POOLED MONEY REPORTS FOR JANUARY, FEBRUARY, AND MARCH 2017 2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED MARCH 30, 2017 Motion - A motion was made and seconded by Commissioners Mills/Rosen to approve the Consent Calendar, as recommended. Motion passed unanimously. BUSINESS SESSION 1. REVIEW THE APPROVED FISCAL YEAR 2017/18 FINANCIAL ADVISORY COMMISSION WORK PLAN Finance Director Campos presented the staff report, which is on file in the Finance Department. The Commission discussed possibly changing the meeting start time, but did not make a specific recommendation; the upcoming special Joint Meeting of the City Council with the City's Boards and Commissions scheduled for July 18, 2017; and the Commission's presentation at the Joint Meeting. Chairperson Batavick suggested that any additional items the Commission works on throughout the year be included in future work plans; such as input on request for proposals and Measure G oversight. Motion - A motion was made and seconded by Commissioners Mills/Rosen to approve Business Session Item No. 1, as recommended. Motion passed unanimously. 2. APPOINT TWO COMMISSIONERS TO SERVE ON THE REVIEW AND SELECTION COMMITTEE (COMMITTEE) FOR THE REQUEST FOR PROPOSAL (RFP) FOR OTHER POST -EMPLOYMENT BENEFIT (OPEB) TRUST FUND MANAGEMENT SERVICES FINANCIAL ADVISORY COMMISSION MINUTES SPECIAL MEETING 2 JUNE 12, 2017 Finance Director Campos presented the staff report, which is on file in the Finance Department. The Commission discussed the RFP timeline and process for the Committee. Commissioners Mills and Rosen volunteered to serve on the Committee. Motion - A motion was made and seconded by Commissioners Lopez/Twohey to appoint Commissioners Mills and Rosen to serve on the Committee. Motion passed unanimously. DEPARTMENTAL REPORTS - None CORRESPONDENCE AND WRITTEN MATERIAL - None COMMISSION MEMBERS' ITEMS Commissioner Turbow inquired when the Commission would appoint new officers for fiscal year 2017/18. Chairperson Batavick requested that staff reach out to the Commission the week prior to each agenda packet, to determine if they would like to add any items to the agenda. ADJOURNMENT There being no further business, it was moved and seconded by Commissioners Mills/Turbow to adjourn this special meeting at 6:54 p.m. Motion passed unanimously. Respectfully submitted, Jessica Delgado, Management Assistant City of La Quinta, California FINANCIAL ADVISORY COMMISSION MINUTES SPECIAL MEETING 3 JUNE 12, 2017