637 First Street  
City of Santa Rosa  
Santa Rosa, CA 95404  
Long-Term Financial Policy and Audit  
Subcommittee  
Regular Meeting Minutes - Draft  
Thursday, August 14, 2025  
4:00 PM  
1. CALL TO ORDER AND ROLL CALL  
This meeting was called to order at 4:01pm by Chair Stapp  
3 - Chair Mark Stapp, Caroline Bañuelos, and Jeff Okrepkie  
Present:  
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  
Attachments:  
Regular Meeting Minutes - LTFPA - 6-12-2025 - draft  
Regular Meeting Minutes - LTFPA - 6-12-2025 - approved  
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 Presentation  
Attachments:  
The Committee discussed the presentation  
No Public Comment  
4.2  
BUDGET REDUCTION UPDATE  
Presenter: Scott Wagner, Deputy Director, Finance  
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 Presentation  
Attachments:  
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  
3 - Chair Mark Stapp, Caroline Bañuelos, and Jeff Okrepkie  
Present:  
APPROVED: ________________  
Victoria Luna, Recording Secretary