Budget and Audit Committee
TL;DR
The Budget and Audit Committee held a regular meeting covering routine financial audits and reports for fiscal year 2024/25, including sales tax performance and appropriation limits. The committee discussed funding verification for the Sacramento Children's Fund, budget adjustments for fiscal year 2025/26, and the annual financial report.
Key Decisions
- FY 2024/25 Measure U Sales Tax Performance Audit Approved
- FY 2024/25 Independent Accountants' Report on Appropriation Limit Calculation Approved
- City Auditor's FY 2024/25 Baseline Funding Verification for Sacramento Children's Fund Discussed
- FY 2025/26 Budget Update and Proposed Adjustments Discussed
- Selection of Vice Chair for Calendar Year 2026 Discussed
Agenda
- Open Session
- Roll Call
- Land Acknowledgement
- Pledge of Allegiance
- Consent Calendar
- 1. Budget and Audit Committee Meeting MinutesConsent Item
- 2. Fiscal Year (FY) 2024/25 Measure U Sales Tax Performance AuditConsent Item
- 3. Fiscal Year (FY) 2024/25 Independent Accountants’ Report on the Appropriation Limit CalculationConsent Item
- 4. City Auditor's Activity Report for the 2nd Quarter of Fiscal Year (FY) 2025/2026Consent Item
- Discussion Calendar
- 5. City Auditor's Fiscal Year (FY) 2024/25 Baseline Funding Verification for the Sacramento Children's FundDiscussion Item
- 6. City Auditor’s Fiscal Year (FY) 2024/25 Audited Cannabis Business Operations Tax Amount for the Sacramento Children’s FundDiscussion Item
- 7. Fiscal Year (FY) 2025/26 Budget Update and Proposed AdjustmentsDiscussion Item
- 8. Fiscal Year (FY) 2024/25 Annual Comprehensive Financial Report (ACFR)Discussion Item
- 9. Councilmember Proposal Request for Committee Consideration - Illegal DumpingDiscussion Item
- 10. Selection of Vice Chair for Calendar Year 2026Discussion Item
- Committee Comments-Ideas, Questions and Meeting Reports
- Public Comments-Matters Not on the Agenda
- Adjournment