Budget Investment Technology 2011/11/16BUDGET, INVESTMENT & TECHNOLOGY COMMISSION MINUTES
WEDNESDAY, NOVEMBER 16, 2011 -3:30 PM
ANAHEIM CITY HALL
FIFTH FLOOR CONFERENCE ROOM
MEMBERS PRESENT: Pat Pepper, Trevor Austin, Jerry Conrey, Kevin Baker, MehdiReza
Hirji, Neil Malley, Mark Whitaker
MEMBERS ABSENT: Ajay Khetani, Jeff McNutt
STAFF PRESENT: Bob Wingenroth, Debbie Moreno, Hank Stern, Tania White,
D'Anne Lee, Eileen Fortin, Lenette Ball
CALL TO ORDER
Mr. Pepper called the meeting to order at 3:37 pm.
APPROVAL OF THE MINUTES
There was a Motion by Mr. Austin and a Second by Mr. Pepper to approve the minutes from
the June 6, 2011 meeting. (MOTION CARRIED 5 -0). Mr. Conrey and Mr. Baker were absent for
this vote.
ELECTION OF CHAIR AND VICE CHAIR
There was a Motion by Mr. Austin and a Second by Mr. Hirji to elect Mr. Pepper as Chair.
(MOTION CARRIED 5 -0). Mr. Hirji made a motion to be elected as Vice - Chair. (MOTION
CARRIED 5 -0). Mr. Conrey and Mr. Baker were absent for these votes.
REVIEW AND APPROVE 2012 CITY OF ANAHEIM INVESTMENT POLICY
Mr. Stern stated that there weren't any changes from the previous year's investment policy.
Mr. Hirji made a motion to approve the investment policy; there was a Second by Mr. Austin.
(MOTION CARRIED 7 -0).
:111�1411101997ANII
Mr. Wingenroth and Ms. Moreno gave a brief presentation on the City's budget. The
presentation included how the City ended FY 11/12, an update on current year General Fund
revenues and some trends for the next budget year.
ITEM NO. 01
ITEMS BY COMMISSION MEMBERS
Mr. Hirji asked if it would be possible to receive a copy of the Treasurer's Monthly Investment
Report. Ms. White offered to include a copy of the report in her monthly TOT update to the
Commission. The Commission also stated they would like to have the Report added to future
meeting agendas for discussion.
Mr. Conrey stated that he preferred the meeting times to be at 4pm. The majority of
Commissioners said that they would be able to meet at 4pm. Staff agreed to schedule future
meetings at that time.
PUBLIC COMMENTS
None.
M9119111:1►1 LTA 1111►11
Chair Pepper adjourned the meeting at 4:45 p.m.
Respectfully submitted,
Tania M. White, Secretary