637 First Street  
City of Santa Rosa  
Santa Rosa, CA 95404  
LONG-TERM FINANCIAL POLICY AND AUDIT  
SUBCOMMITTEE  
REGULAR MEETING AGENDA AND  
SUMMARY REPORT - CANCELLED  
JANUARY 23, 2025  
CANCELLED  
1/23/2025 1:00 P.M. HAS BEEN CANCELLED  
THIS MEETING HAS BEEN CANCELLED AS OF 1/23/2025 11:45AM  
THE NEXT SCHEDULED MEETING WILL BE FEBRUARY 13, 2025 AT  
3:00PM  
/s/ Shelley McClure  
Recording Secretary  
PUBLIC COMMENTS AND PARTICIPATION  
LIVE PUBLIC COMMENT:  
All public comments will be provided in person or via email submitted in  
advance of the meetings.  
Each speaker is allowed up to three minutes.  
E-MAIL PUBLIC COMMENT:  
To submit an e-mailed public comment to the Long-Term Financial Policy and  
Audit (LTFPA) Subcommittee, please send to: finance@srcity.org by 5:00PM,  
Monday, prior to the regularly scheduled LTFPA meeting. E-mailed public  
comments will be added to the record prior to the start of the meeting and will  
be distributed to the LTFPA Subcommittee members and uploaded to the  
agenda prior to the start of the meeting for public access. Emails received will  
not be read into the record. Please note that all e-mails sent to the city are  
considered public records and subject to disclosure under the California Public  
Records Act.  
REMOTE PARTICIPATION UNDER AB 2449 (IF NEEDED):  
To consider and take action on any request from a Board Member to participate  
in a meeting remotely due to Just Cause or Emergency Circumstances  
pursuant to AB 2449 (Government Code Section 54953(f)).  
1. CALL TO ORDER AND ROLL CALL  
2. PUBLIC COMMENTS NON-AGENDA MATTERS  
This is the time when any person attending in person may address matters not  
listed on this agenda, but which are within the subject matter of the jurisdiction.  
The public may comment on scheduled agenda items when the item is called.  
Each speaker is allowed up to three minutes.  
3. APPROVAL OF MINUTES  
3.1  
APPROVAL OF MINUTES  
4. SCHEDULED ITEMS  
4.1  
FY 2025 QUARTERLY BUDGET REVIEW - SECOND QUARTER  
Presenter: Veronica Conner, Budget & Financial Analysis Manager  
Purpose: Staff will present information on the budget performance,  
primarily the second quarter.  
Recommendation Action: Information  
4.2  
CITY INVESTMENT PORTFOLIO  
Presenters: Alan Alton, Chief Financial Officer  
Veronica Conner, Budget & Financial Analysis Manager  
Mike Frugoli, Budget & Financial Analyst  
Purpose: Staff will provide an overview of the City’s investment  
portfolio, including activity, monthly reporting, and the current policy.  
Recommendation Action: Information  
5. FUTURE AGENDA ITEMS  
This time is reserved for discussion whether to place matters on a future  
agenda for further discussion.  
Our next regular scheduled meeting: Thursday, February 13, 2025, at 3:30 pm  
6. ADJOURNMENT  
The City of Santa Rosa does not discriminate on the basis of disability in the admissions or access to, or treatment of or  
employment in, its programs or activities. Disability-related aids or services, including printed information in alternate formats, to  
enable persons with disabilities to participate in public meetings and programs are available by contacting the Finance  
Department at: finance@srcity.org , please put in the subject line “LTFPA”, or (707) 543-3140 (TTY Relay at 711) one week  
prior to the meeting. Meeting information can also be accessed via the internet at http://srcity.org.  
Any writing or documents provided to a majority of the Long-Term Financial Policy and Audit Subcommittee regarding any item  
on this agenda can be made available for public inspection upon request to finance@srcity.org please put in the subject line:  
“LTFPA DOCUMENT REQUEST”