HomeMy WebLinkAboutAudit Committee-Minutes-06/05/2018City of Colleyville Page 1
City of Colleyville
Audit Committee
Agenda
City Hall
100 Main Street
Colleyville, Texas 76034
817.503.1000
www.colleyville.com
Tuesday, June 5, 2018
4:00 p.m.
City Manager’s Conference Room
Third Floor – City Hall
1.CALL TO ORDER
2. APPROVAL OF MINUTES
May 1, 2018
3.REGULAR AGENDA ITEMS
3a Discussion and review of the City of Colleyville investment policy and
propose changes
4.REPORTS
4a Discussion of of the City of Colleyville first Popular Annual Financial
Report (PAFR) for Fiscal Year 2017
4b Discussion of of the City of Colleyville Popular Annual Financial
Report (PAFR) for Fiscal Year 2017
4c Discussion of of the City of Colleyville first Popular Annual Financial
Report (PAFR) for Fiscal Year 2017
5.ADJOURNMENT
I hereby certify this agenda was posted on City Hall bulletin boards Friday, June 1,
2018, by 5:00 p.m.
Christine Loven, TRMC
City Secretary
A quorum of the Colleyville City Council and/or any other Colleyville Board,
Commission, or Committee may be in attendance at this meeting.
Any matter on this agenda may, at the discretion of the governing body, be
opened for public comment and discussion.
Audit Committee Agenda June 5, 2018
City of Colleyville Page 2
If you plan to attend this public meeting and have a disability that requires special
accommodations, please advise Executive Secretary at least 48 hours in advance
at 817.503.1111, and reasonable accommodations will be made to assist you.
City of Colleyville Page 1
City of Colleyville
Audit Committee
MINUTES
City Hall
100 Main Street
Colleyville, Texas 76034
817.503.1000
www.colleyville.com
Tuesday, June 5, 2018
4:00 p.m.
City Manager’s Conference Room
Third Floor – City Hall
Chief Financial Officer Shereen Gendy called the Audit Committee to order on June
5, 2018, at 4:00 p.m.
ROLL CALL: Committee members present George Dodson, Kathy Wheat, Bobby
Lindamood
Absent: Susan Mathisen
Also Present: City Manager Jerry Ducay, Chief Financial Officer Shereen Gendy,
Assistant City Manager Mark Wood and City Secretary Christine Loven
2. APPROVAL OF MINUTES
May 1, 2018
Committee member Dodson made a motion to approve the May 1, 2018 meeting
minutes, and committee member Wheat seconded the motion. All approved by
acclamation.
3. REGULAR AGENDA ITEMS
3a Discussion and review of the City of Colleyville investment policy and
propose changes
CFO Gendy stated staff has proposed changes to the investment policy which are
in compliance with the Public Investment Act. She then reviewed and discussed
the theory and strategy, explaining the pools, and answered questions. There were
suggestions made for changes to pages 85, 92, 94, and 154.
Committee member Dodson made a motion to forward the proposed changes to
City Council for approval, and committee member Wheat seconded the motion. All
approved by acclamation.
4. ADJOURNMENT
The meeting was adjourned at 4:41 p.m.
PASSED BY A VOTE OF 4 AYES, 0 NAYS, AND 0 ABSTENTIONS, THIS 4TH DAY OF
DECEMBER, 2018.
Audit Committee Minutes June 5, 2018
City of Colleyville Page 2
Minutes taken and prepared by:
Christine Loven, TRMC
City Secretary