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Dec. 3 - Agenda Questions & Responses Dec. 3 - Agenda Questions & Responses smartsheet F.M79111T.a d,Item I Agenda Item Questionicomment Staff Response 11/30/24 Council Member Jester Consent I.and J. 24-2200 and 24- 1 did not know we had a Debt Committee and Investment Commiee. The Debt Management Policy and Investment Policy include an internal committee comprised of City staff members. 2201 Can you tell me who serves on these committees and how they are Historically,memberships for both committees have Fluctuated between three and six members.Fluctuation in selected? membership is related to Finance's current organizational chart and/or team leader's day-to-day participation in each subject matter.Committee membership is reviewed annually. Debt Committee—Meets Annually Tile Name FY 2024 FY 2025 City Manager S.Hensley X X 2 CFO J.Williams X X Asst.Directors of Finance V.Bouaphanthavong X Treasury Manager R.Idin ele X X Controller B.DePuy X Investment Committee—Meets Quarterly Tile Name FY 2024 FY 2025 City Manager S.Hensley X X 3 Asst.City Manager C.Ogden X X CFO J.Williams X X Asst.Directors of Finance V.Bouaphanthavong X X Treasury Manager R.bin ele X X Controller B.DePuy X 11/30/24 Council Member Jester Item for Individual B. 24-2163 If we can get bio sheets from Misty Baptiste for the DCAD Nominee information will be provided separately to the Council. 4 Consideration Nominations,I think all of council would appreciate the ability to review them before voting. 5 11/30/24 Council Member Jester Item for Individual B. 24-2133 When were the Denton nominees voted on? Nominees were voted on during the meeting on September 24,2024,item ID 24-1655,and can be viewed here Consideration https://dentontx.new.swagit.wm/videos/315925. _ 12/01/24 Mayor Pro Tern Meltzer Consent I.and J. 24-2200 and 24- Why would we want to remove the Controller from contributing to The Controller position is being proposed for removal to create segregation of duties for internal controls.The Controller 6 2201 decision making? is responsible for auditing debt and investment activities in the City's financial software,thus should not be included in debt management or investment functions.Currently,this position does not actively participate in the planning or issuing of debt.Removal from the Committee does not restrict the Controller from attending committee meetings. Page 1 of 1