Financial Oversight and Audit Committee

COUNCIL CHAMBERS, CITY HALL, 300 N. CAMPBELL - FIRST FLOOR

Agenda — 26 items

1. 1 Notice is hereby given that a meeting of the Financial Oversight and Audit Committee (FOAC) will be conducted on the above date and time.
2. 2 Members of the public may view the meeting via the following means: Via the City’s website. http://www.elpasotexas.gov/videos Via television on City15, YouTube: https://www.youtube.com/user/cityofelpasotx/videos
3. 3 In compliance with the requirement that the City provide two-way communication for members of the public, members of the public may communicate with the Financial Oversight and Audit Committee during public comment, and regarding agenda items by calling the following number: 1-915-213-4096 or Toll Free Number: 1-833-664-9267
4. 4 At the prompt please enter the corresponding Conference ID: 857-332-740#
5. 5 If you wish to sign up to speak please contact Miguel Montiel at MontielMA@elpasotexas.gov no later than two (2) hours prior to the meeting date and time. Please provide your name, phone number, email address and the agenda item(s) you wish to speak on.
6. 6 A quorum of the Financial Oversight and Audit Committee must be present and participate in the meeting.
7. 7 ROLL CALL
8. 8 PLEDGE OF ALLEGIANCE
9. 10 AGENDA
10. 1. Approval of Minutes for the Financial Oversight and Audit Committee meeting of June 17, 2025. [Internal Audit, Edmundo Calderon, (915) 212-1365] BC-808
11. 2. City of El Paso Employees Retirement Trust Annual Update. [City of El Paso Employees Retirement Trust, Robert Ash, (915) 212-0112] BC-824
12. 3. Discussion on El Paso Firemen and Policemen’s Pension Fund Portfolio Returns and Funding Status. [El Paso Firemen and Policemen’s Pension Fund, Tyler Grossman, (915) 771-8111] BC-825
13. 4. Presentation on the preparation of the 2025-2026 Annual Audit Plan. [Internal Audit, Miguel Montiel, (915) 212-1367] BC-856
14. 5. Discussion and Action on the results of Round 9 of the Hotel Occupancy Tax Audit. [Internal Audit, Edmundo Calderon, (915) 212-1365] BC-807
15. 6. Discussion and Action on the results of the Parks and Recreation Department - Park Usage Permit Audit A2025-01. [Internal Audit, Edmundo Calderon, (915) 212-1365] BC-806
16. 7. Discussion and Action to retain an external auditing firm to undertake audits, included and added to fiscal year Audit Plans, which cannot be conducted by the Internal Audit Department staff. [FOAC Chair, Dr. Josh Acevedo, (915) 212-0002] BC-869
17. 8. Discussion on FY 2024-2025 Audit Plan 3rd Quarter Updates. [Internal Audit, Miguel Montiel, (915) 212-1367] BC-705
18. 19 ADJOURN
19. 20 CLOSED MEETING
20. 21 The Financial Oversight and Audit Committee of the City of El Paso may retire into CLOSED MEETING pursuant to Section 3.5A of the El Paso City Charter and the Texas Government Code, Chapter 551, Subchapter D, to discuss any of the following: (The items listed below are matters of the sort routinely discussed in Closed Meeting, but the Financial Oversight and Audit Committee of the City of El Paso may move to Closed Meeting any of the items on this agenda, consistent with the terms of the Open Meetings Act.) The Financial Oversight and Audit Committee will return to open session to take any final action and may also, at any time during the meeting, bring forward any of the following items for public discussion, as appropriate.
21. 22 Section 551.071 CONSULTATION WITH ATTORNEY Section 551.072 DELIBERATION REGARDING REAL PROPERTY Section 551.073 DELIBERATION REGARDING PROSPECTIVE GIFTS Section 551.074 PERSONNEL MATTERS Section 551.076 DELIBERATION REGARDING SECURITY DEVICES OR SECURITY AUDITS Section 551.087 DELIBERATION REGARDING ECONOMIC DEVELOPMENT NEGOTIATIONS Section 551.089 DELIBERATION REGARDING SECURITY DEVICES OR SECURITY AUDITS; CLOSED MEETING
22. 23 NOTICE TO THE PUBLIC
23. 24 This is a meeting of the Financial Oversight and Audit Committee of the El Paso City Council. The committee ordinarily consists of 4 Council members for purposes of establishing a quorum and the voting membership on the committee. However, any other member of the City Council may, on an ad hoc basis, join the meeting and participate in the discussions.
24. 25 Sign language interpreters will be provided for this meeting upon request. Requests must be made to Miguel Montiel at MontielMA@elpasotexas.gov a minimum of 48 hours prior to the date and time of this hearing.
25. 26 If you need Spanish Translation Services, please email MontielMA@elpasotexas.gov at least 48 hours in advance of the meeting.
26. 27 Posted this 24th day of July, 2025 at 2:51 p.m., at City Hall, 300 N. Campbell Street by Sergio Carrillo.