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HomeMy WebLinkAbout2025.04.14 Fireman Pension Board MinutesCity of Pasco FIREMAN PENSION BOARD APRIL 14, 2025 MINUTES Call To Order: The meeting was called to order at 6:32 p.m., by Mayor Pro Tern Milne in Conference Room No. 1 at Pasco City Hall. Roll Call: Present: Mayor Serrano, Mayor Pro Tern David Milne, Alternate Chair; Scott Maloy, Board Member; Harvey Swoboda, Board Member; Griselda Garcia, Interim Finance Director; and Debby Barham, City Clerk. Approval of Minutes: Mayor Pro Tern Milne moved to approve January 13, 2025, meeting minutes. Seconded by Mr. Swoboda. Motion carrier unanimously. Transaction Ledger: Mayor Serrano arrived at 6:34 PM. Mr. Swoboda moved to approve the expenditure transactions as presented for a total of $44,774.57. Seconded by Ms. Barham. Motion carried unanimously. Financial Report: The Board discussed the First (111) Quarter 2025 financial statement presented by Ms. Garcia. Mayor Serrano asked about the Loss and if there was a statue or Bylaw requirement to move the fund into another investment. Ms. Garcia stated that the investments are reviewed routinely and explained the cyclical nature of investing. She assured everyone that this was a healthy investment Pool. New Business: None. Old Business: None. 4.14.2025 Fireman Pension Board Meeting Minutes - Approved on July 14, 2025 Adjournment: There being no other business, the meeting was adjourned at 6:38 p.m. J)e�r- Z�,'APN-- Debra Barham, Secretary 4.14.2025 Fireman Pension Board Meeting Minutes - Approved on July 14, 2025