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HomeMy WebLinkAbout12-09-19 Fiscal Affairs Committee Minutes Ot 4 CHUCK ENGELKEN,CHAIR 0 THOMAS GARZA Councilmember District 2 O. 9.+1 Councilmember District 4 ca ^� Alternate JAY MARTIN Councilmember, District 5 � %+ MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE DECEMBER 9, 2019 The Fiscal Affairs Committee of the City of La Porte met on December 9, 2019, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte,Texas, at 5:45 p.m.,with the following in attendance: Committee members present: Chuck Engelken, Jay Martin, Thomas Garza Committee members absent: None Council-appointed officers present: Jason Weeks, Assistant City Manager; Lee Woodward, City Secretary CALL TO ORDER—Chairperson Engelken called the meeting to order at 5:45 p.m. 1. PUBLIC COMMENTS (Generally limited to five minutes per person; in accordance with state law, the time may be reduced if there is a high number of speakers or other considerations.) There were no public comments. 2. STATUTORY AGENDA (a) Presentation, discussion, and possible action to approve minutes of the meeting held on August 26, 2019. [Councilperson Engelken, Chairman] Committee member Martin moved to approve the minutes of the meeting held on August 26, 2019: the motion was adopted, 3-0. (b) Presentation, discussion, and possible action to receive and review purchasing card expenditures for June,July, and August 2019. [Michael Dolby, Finance Director] Presentation; no action required. (c) Presentation, discussion, and possible action to receive and review the Fourth Quarter (FY2019) Investment Report. [Shelley Wolny, Treasurer] Mrs. Wolny provided a report on the excellent condition of the City's finances and the staff was lauded for their stewardship. 3. Set date for next meeting. [Michael Dolby, Finance Director] Committee members set March 9, 2020, as the next meeting date and presentation of the CAFR. 4. Administrative Reports. [Corby Alexander, City Manager] No reports. 5. COMMITTEE MEMBER COMMENTS Hear announcements concerning matters appearing on the agenda; items of community interest;and/or inquiries of staff regarding specific factual information or existing policy from the Committee members and City staff, for which no formal action will be discussed or taken. Committee member Garza asked the Committee to consider making him a member of the Committee rather than an alternate. Chair Engelken acknowledged it was an item for a future Council agenda. AD 0 i'NMENT- .ut objection, Cf air Eng-Iken adjourned the meeting at 5:52 p.m. roodward, ' ecretary