637 First Street  
City of Santa Rosa  
Santa Rosa, CA 95404  
Long-Term Financial Policy and Audit  
Subcommittee  
Regular Meeting Minutes - Final  
Thursday, November 9, 2023  
4:00 PM  
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  
3 - Chair Natalie Rogers, Mark Stapp, and Dianna MacDonald  
Present:  
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  
CALPERS UNFUNDED LIABILITY  
4.1  
Scott Wagner, Deputy Director of Finance and Alan Alton, Chief  
Financial Officer, presented the CalPERS Unfunded Liability Update.  
Recommended Action: Information  
CalPERS UAL Presentation  
Attachments:  
The Committee discussed the presentation  
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 Presentation  
Attachments:  
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  
Approved: January 25, 2024  
/s/ Shelley McClure  
Recording Secretary