HomeMy WebLinkAbout03-14-16 Fiscal Affairs Committee Meeting MinutesCHUCK ENGELKEN, CHAIR
Councilmember District 2
DARYLLEONARD
Councilmember District 3
JAY MARTIN
Councilmember District 5
DOTTIE KAMINSKI
Alternate Member
MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE
MARCH 14, 2016
The Fiscal Affairs Committee met on March 14, 2016, at 5:00 p.m., in the La Porte City Hall Council
Chambers, 604 West Fairmont Parkway, La Porte, Texas, to consider the following items of business:
1. Call to Order
Chairman Chuck Engelken called the meeting to order at 5:00 p.m. Present were: Committee
Members Daryl Leonard and Jay Martin. Also present: City Secretary Patrice Fogarty, City
Manager Corby Alexander, Finance Director Michael Dolby, and Controller Phyllis Rinehart.
2. Consider approval or other action regarding minutes of the September 28, 2015, meeting of
the Fiscal Affairs Committee — P. Fogarty
Committee Member Leonard moved to approve the minutes of the September 28, 2015, meeting.
Committee Member Martin seconded. MOTION PASSED UNANIMOUSLY 3/0.
3. Receive and review First Quarter (FY2016) Investment Report — M. Dolby
Finance Director Michael Dolby presented the First Quarter (FY2016) Investment Report.
4. Receive and review month of June -August (FY2015) and September -November (FY2015)
Purchasing Card Expenditures — M. Dolby
The Committee received the months of June -August (FY2015) and September -November (FY2015)
Purchasing Card Expenditures. There were no questions from Committee Members.
5. Receive presentation of the 2015 Comprehensive Annual Financial (CAFR) Report — M.
Dolby
Paula Lowe, CPA with Pattillo, Brown & Hill, LLP, presented the 2015 Comprehensive Annual
Financial (CAFR) Report.
Committee Member Martin asked how is the motor pool fund audited. Ms. Lowe provided a
summary for auditing processes.
6. Set date for next meeting — M. Dolby
The Committee set May 9, 2016, at 5:00 p.m., as the date and time for the next meeting.
7. Administrative Reports — C. Alexander
There were no reports.
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March 14, 2016, Fiscal Affairs Committee Minutes
8. Committee Comments — Matters appearing on agenda; Recognition of community members, city
employees, and upcoming events; Inquiry of staff regarding specific factual information or existing
policy.
There were no comments.
9. Adjourn
There being no further business, Committee Member Martin moved to adjourn the meeting at
5:42 p.m. Committee Member Leonard seconded. MOTION PASSED.
Respectfully submitted,
Patrice Fogarty, I Secr tary�,,
Passed and approved on the % day of
Chairman Chuck Engelken
i
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March 14, 2016, Fiscal Affairs Committee Minutes