Board of Trustees of the Galveston Wharves 

FINANCE COMMITTEE

Tuesday, May 23, 2023 9:00 a.m.
Port of Galveston
123 Rosenberg Avenue, 8th Floor
Galveston, Texas 77550


FINANCE COMMITTEE MEMBERS
Jeff Patterson, Chairman
Victor Pierson, Vice Chair

Sheila Lidstone, Member

NOTICE OF MEETING

 The Finance Committee Meeting is open to the public. 


I.

CALL TO ORDER

I.A. Roll Call

I.B. Declaration of Quorum

I.C. Invocation 

I.D. Declaration of Conflicts of Interest

I.E. Comments from the public 

II.

BUSINESS ITEMS

II.A.

CFO REPORT/CONSENT AGENDA

  • Consider Board and Staff Expense Reports (a.) 
  • Consider Financial Statements (b.)
  • Accept Port Investments Report (c.)
  • Accept Bank Reconciliation Report and Schedule of Restricted Fund Balances Report (d.)
  • Accept Cash Flow Projections (e.)
  • Accept Monthly Delinquent Accounts Receivable Analysis (f.)
  • Accept Vendor Check Register Report (g.)
  • Consider Trade Development (h.)
Documents:
  1. 1. CFO Report 05 23 2023.pdf
  2. a.pdf
  3. b.pdf
  4. c.pdf
  5. d.pdf
  6. e.pdf
  7. f.pdf
  8. g.pdf
  9. h.pdf
II.B.

Discuss and Consider Acceptance of the Galveston Wharves Consolidated 2022 Financial Audit and the Annual Comprehensive Financial Report (ACFR)

Documents:
  1. II.B..pdf
II.C.

Discuss and Consider Acceptance of the 2022 Audited Galveston Wharves Pension Plan Annual Financial Report for Year Ending December 31, 2022

Documents:
  1. II.C.pdf
II.D.

Discuss and Consider Acceptance of the Galveston Wharves Federal and State Single Audit

Documents:
  1. II.D..pdf
II.E.

Discuss and Consider Debt

Documents:
  1. II.E..pdf
II.F.

Discuss and Consider Renewal of Oracle NetSuite Software, Oracle NetSuite Advanced Customer Support (ACS) Optimize Services, and Related Softwares

Documents:
  1. II.F.pdf
III.

COMMENTS FROM THE FINANCE COMMITTEE ON AGENDA ITEMS

IV.

SET DATE AND TIME OF NEXT MEETING

V.

ADJOURNMENT

I certify that the above Notice of Meeting was posted in a place convenient to the public, in accordance with Chapter 551 of the Texas Government Code, on or before 4:00 p.m. Friday, May 19, 2023.
 
 

____________________________________________________
 Rodger Rees, Port Director/CEO

Please Note:

IT IS POSSIBLE THAT ONE OR MORE MEMBERS OF THE BOARD OF TRUSTEES WHO ARE NOT MEMBERS OF THE FINANCE COMMITTEE MAY ATTEND THIS MEETING. IF THE ATTENDANCE BY SUCH TRUSTEES RESULTS IN A QUORUM OF THE FULL BOARD OF TRUSTEES BEING PRESENT AT THE MEETING, THIS MEETING WILL ALSO BE CONSIDERED A MEETING OF THE FULL BOARD OF TRUSTEES.

 

IN ACCORDANCE WITH THE PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT (ADA), PERSONS IN NEED OF A SPECIAL ACCOMMODATION TO PARTICIPATE IN THIS PROCEEDING SHALL, WITHIN THREE (3) DAYS PRIOR TO ANY PROCEEDING, CONTACT THE SECRETARY’S OFFICE, 123 ROSENBERG, 8TH FLOOR, GALVESTON, TEXAS 77550 (409-766-6105).