HomeMy WebLinkAbout2020-12-01 Finance Committee AgendasFinance Committee
1
Tuesday, December 1, 2020
Regular Meeting
7:00 PM
***BY VIRTUAL TELECONFERENCE ONLY***
https://zoom.us/join Meeting ID: 992-2730-7235 Phone: 1(669)900-6833
Pursuant to the provisions of California Governor’s Executive Order N-29-20, issued on
March 17, 2020, to prevent the spread of Covid-19, this meeting will be held by virtual
teleconference only, with no physical location. The meeting will be broadcast on
Midpen Media Center at https://midpenmedia.org. Members of the public who wish to
participate by computer or phone can find the instructions at the end of this agenda.
Call to Order
Oral Communications
Members of the public may speak to any item NOT on the agenda.
Action Items
1. Discussion and Recommendation to the City Council to Accept Macias
Gini & O’Connell’s Audit of the City of Palo Alto’s Financial Statements
as of June 30, 2020 and Management Letter
2. Recommendation to the City Council to Approve the Fiscal Year (FY)
2020 Comprehensive Annual Financial Report (CAFR) and FY 2020
Budget Amendments in Various Funds
3. Staff and the Utilities Advisory Commission Recommend the Finance
Committee Recommend the City Council Approve the 2025 Base
Resource Power Supply Contract for the Central Valley Project With
Western Area Power Administration to Preserve the City's Options to
Maintain, Terminate, or Reduce its Allocation Until June 30, 2024
Future Meetings and Agendas
Adjournment
AMERICANS WITH DISABILITY ACT (ADA) Persons with disabilities who require auxiliary aids or services in using City facilities, services or programs or who
would like information on the City’s compliance with the Americans with Disabilities Act (ADA) of 1990, may
contact (650) 329-2550 (Voice) 24 hours in advance.
MEMO
2 December 1, 2020
Public Comment Instructions
Members of the Public may provide public comments to virtual meetings via
teleconference or by phone.
1. Spoken public comments using a computer will be accepted
through the teleconference meeting. To address the Committee, click
on the link below to access a Zoom-based meeting. Please read the
following instructions carefully.
A. You may download the Zoom client or connect to the meeting in-
browser. If using your browser, make sure you are using a
current, up-to-date browser: Chrome 30+, Firefox 27+,
Microsoft Edge 12+, Safari 7+. Certain functionality may be
disabled in older browsers including Internet Explorer.
B. You may be asked to enter an email address and name. We
request that you identify yourself by name as this will be visible
online and will be used to notify you that it is your turn to speak.
C. When you wish to speak on an Agenda Item, click on “raise
hand.” The Clerk will activate and unmute speakers in turn.
Speakers will be notified shortly before they are called to speak.
D. When called, please limit your remarks to the time limit allotted.
E. A timer will be shown on the computer to help keep track of your
comments.
2. Spoken public comments using a smart phone will be accepted
through the teleconference meeting. To address the Committee,
download the Zoom application onto your phone from the Apple App
Store or Google Play Store and enter the Meeting ID below. Please
follow the instructions B-E above.
3. Spoken public comments using a phone use the telephone number
listed below. When you wish to speak on an agenda item hit *9 on
your phone so we know that you wish to speak. You will be asked to
provide your first and last name before addressing the Committee. You
will be advised how long you have to speak. When called please limit
your remarks to the agenda item and time limit allotted.
https://zoom.us/join
Meeting ID: 992-2730-7235 Phone No: 1 (669) 900-6833