Finance & Management Committee

Good morning and welcome to the Finance and Management
Committee meeting of Tuesday, March 24th, 2025
or 2, 2026.
The time is now 9:31 a.m. and this meeting may come to order.
Before taking role, I will provide instructions
on how to submit speaker cards for items on this agenda.
If you're here with us in chamber would like to submit a speaker card, please fill one out and turn one into myself or a clerk representative.
No later than ten minutes after the start of this meeting.
This meeting came to order at 9:31 a.m.,
and this and speaker cards will no longer be accepted.
After 9:41 a.m. will now proceed with taking roll.
Council members. Brown. Oh.
Sorry. One moment.
Present.
Ungar. Here. One present and chair.
Ramachandran. Present. Thank you. We have four members present before we begin.
Chair, do you have any announcements at this time?
Yes. We are
changing the order of the items that will be heard.
We will be starting with item number seven, the Q2 report.
Moving to item four,
the, citywide staffing report, then item five,
the informational report on the salary survey for job classes under 25 an hour.
Then item three,
which is amendment to the salary ordinance.
And then finally item six, which is six, which is the P for
his portfolio. And I believe there is a change to item
three and I will pass it to staff
to explain it.
Thank you. Chair on and around. And Brad Johnson, director of finance for item three, will be,
removing the listed item
one of parking administrator and delaying that to a future,
discussion of the civil service and salary ordinance.
So staff expect during that item to pull that particular element of it.
But wanting to continue to move forward with the placing administrator,
the assistant director of Human Services, positions.
Thank.
Thank you. So, just to reiterate, we will be hearing the other two salary classifications,
not, that part one that's listed here.
Of course, folks can still make public comment if they choose, but,
that's not going to be voted on today.
And that's, okay.
Thank you. Just noting the changes made to the order of the agenda to hear item seven, four, five, three and then six.
Now proceeding with item number one,
approval of the draft minutes from the committee meeting held on March 10th, 2026.
And there are no speakers on this item.
I'll entertain a motion.
Move. Approval. Second.
Thank you. We have a motion made by Council Member Brown, seconded by Council Member Ungar,
to accept the draft minutes from the committee meeting held on March 10th, 2026.
Honorable Council members. Brown I, Ungar I, Lang
and Chair. Ramachandran I thank you.
Item number four passes with four eyes to accept the draft minutes from March 10th, 2026.
Reading in item two determination of Schedule,
not standing Committee items and we have no speakers on this item.
Thank you. Is there anything from staff?
Okay, I will move the item.
Thank you, thank you. We have a motion made by Chair Ramachandran
and seconded by Council Member Brown to accept the determination of schedule
about Standing Committee items as is on roll Council members.
Brown I, Ungar I, Wang I and chair.
Ramachandran I thank you.
Item number two passes with four eyes to accept the determination of schedule about Standing Committee items.
Reading in item number seven.
Receive an informational report on fiscal year 2025 to 26,
second quarter revenues and exponentials
results and year end estimates for the general purpose
fund and select funds. And we have two speakers that signed up to speak.
Thank you to staff at the presentation.
Thank you. And up. We do have a presentation.
We'll get it started up.
Staff can come to the podium please. So I'll give you guys a little bit
of background on this report. This is our second quarter revenue and expenditure report.
As you are all aware, the city provides
a quarterly revenue and expenditure reports throughout the course of the fiscal year to provide
updates on our revenues and expenditures.
You can click over to report background. Please. Would say.
The context of this report is it will is in alignment
with our consolidated fiscal policy and will inform you
on the status of our general purpose fund,
along with some other significant funds over.
And we do this over the course of the year. The upshot of this report
is the general purpose fund budget is holding steady.
While we're a little bit under on revenues and expenditures,
the budget is in alignment within 1% of what we expected.
Our expectation is that we will be able to in this fiscal
year, in roughly the same financial position
we started with, which, if I can recall you all back to the Q4 report,
after a lot of movement last fiscal year, we did end up
in a positive position over the end of the Q4.
And so I believe we will be able to maintain that position,
with plus or -1% through the end of this fiscal year.
I handed over to Joseph Sagara to go over our revenue results.
Thank you, Direc

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