HomeMy WebLinkAbout2024-03-26 Finance Committee Regular Meeting Minutes
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FINANCE COMMITTEE
CITY OF PALM DESERT
REGULAR MEETING MINUTES
March 26, 2024, 10:00 a.m.
Present: Committee Member Carlos Garcia, Committee Member Jan
Harnik, Committee Member Gretchen Heuring, Committee
Member Faith Messenger, Committee Member Karina Quintanilla,
Committee Member Jake Wuest, Chair Robert Leo
Staff Present: Finance Director Veronica Chavez, Deputy Director of Finance
Liberty Urban, Deputy Director of Finance John Ramont, Finance
Supervisor James Bounds, Recording Secretary Michelle Nance
Click HERE to access the meeting audio.
Click HERE to access the meeting agenda packet.
1. CALL TO ORDER
A Regular Meeting of the Finance Committee was called to order by Chair Leo on
Tuesday, March 26, 2024 at 10:00 a.m. in the Administrative Conference Room, City Hall,
located at 73-510 Fred Waring Drive, Palm Desert, California.
2. ROLL CALL
3. NON-AGENDA PUBLIC COMMENTS
4. CONSENT CALENDAR
Motion by: Committee Member Harnik
Seconded by: Committee Member Wuest
To approve the consent calendar as presented.
Motion Carried (6 to 0)
4.a APPROVAL OF MINUTES
Approve the Minutes of January 22, 2024.
5. CONSENT ITEMS HELD OVER
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6. ACTION CALENDAR
6.a FINANCE DIRECTOR'S REPORT FOR GENERAL FUND FINANCIAL
REPORTS
Director of Finance Chavez presented reports and answered member inquiries.
Motion by: Committee Member Harnik
Seconded by: Committee Member Garcia
Receive and file the General Fund Financial Reports for the months ending
January 31, 2024 and February 29, 2024.
Motion Carried (6 to 0)
6.b PARKVIEW OFFICE COMPLEX FINANCIAL AND VACANCY REPORTS
Deputy Director of Finance Urban presented reports and answered member
inquiries.
Motion by: Committee Member Wuest
Seconded by: Committee Member Garcia
1. Receive and file the Parkview Office Complex Financial Reports for the
months ending January 31, 2024, and February 29, 2024.
2. Receive and file the Parkview Office Complex Vacancy Report for the
month ending February 29, 2024.
Motion Carried (6 to 0)
6.c DESERT WILLOW GOLF RESORT FINANCIAL REPORTS
General Manager White presented reports and answered member inquiries.
Motion by: Committee Member Messenger
Seconded by: Committee Member Garcia
Receive and file the Desert Willow Golf Resort Financial Reports for the months
ending January 31, 2024, and February 29, 2024.
Motion Carried (6 to 0)
6.d CITY TREASURER'S INVESTMENT REPORTS
Finance Supervisor Bounds presented reports and answered member inquiries.
Motion by: Committee Member Garcia
Seconded by: Committee Member Harnik
Receive and file the City Treasurer’s Investment Reports for the months ending
January 31, 2024, and February 29, 2024.
Motion Carried (6 to 0)
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7. INFORMATIONAL REPORTS & COMMENTS
7.a FINANCE COMMITTEE MEMBERS
Vice Chair Garcia commented on the current Business License program.
In response to inquiry, Director of Finance Chavez provided of status of budget
for Fiscal Year 2024-2025.
7.b CITY STAFF
None.
7.c ATTENDANCE REPORT
Report provided; no action taken on this item.
8. ADJOURNMENT
The Finance Committee adjourned at 10:41 a.m.
9. PUBLIC NOTICES
_________________________
Michelle Nance, Deputy Clerk I
Recording Secretary
_________________________
Veronica Chavez, Finance Director
Secretary
_________________________
DATE APPROVED BY FINANCE COMMITTEE