*Finance & Management Committee on 2026-05-26 9:30 AM — Oakland, CA
Date: 2026-05-26

City of Oakland

 Office of the City Clerk
 Oakland City Hall,
 1 Frank H. Ogawa Plaza, Room 201
 Oakland, California 94612




 Agenda - SUPPLEMENTAL

 Tuesday, May 26, 2026

 9:30 AM




 City Council Chamber, 3rd Floor


*Finance & Management Committee
 Oakland City Hall, 1 Frank H. Ogawa Plaza,
 Oakland, California 94612

 City of Oakland Website: http://www.oaklandca.gov
*Finance & Management Committee Agenda - SUPPLEMENTAL May 26, 2026



PUBLIC PARTICIPATION

The Public May Observe And/Or Participate In This Meeting In Many Ways.

OBSERVE:

• To observe, the public may view the televised video conference by viewing KTOP channel
10 on Xfinity (Comcast) or ATT Channel 99 and locating City of Oakland KTOP - Channel 10

• To observe the meeting online from the City’s Agenda Meeting Calendar, at the noticed
meeting time, please click on https://oakland.legistar.com/calendar.aspx and click on the “In
Progress” link under “Video” for the corresponding meeting.

• To observe the meeting by video conference, please click on this link:
https://us02web.zoom.us/j/81112262938 at the noticed meeting time.

• To listen to the meeting by phone, please call the numbers below at the noticed meeting
time: Dial (for higher quality, dial a number based on your current location):US: +1 669 900 6833
or +1 253 215 8782 or +1 346 248 7799 or +1 929 436 2866 or +1 301 715 8592 or +1 312 626 6799
or 833 548 0282 (Toll Free) or 877 853 5247 (Toll Free) or 888 788 0099 (Toll Free) or 833 548
0276 (Toll Free) Meeting ID: 811 1226 2938

If asked for a participant ID or code, press #.

PUBLIC COMMENT WILL BE TAKEN ON EACH ACTION ITEM. ALL MEMBERS OF THE
PUBLIC WISHING TO SPEAK MUST FILL OUT A SPEAKER CARD FOR EACH ITEM.
SPEAKERS' CARDS MUST BE RECEIVED BY THE CITY CLERK BEFORE THE ITEM IS READ
INTO THE RECORD. COMMENTS ON ITEMS NOT ON THE AGENDA WILL BE TAKEN DURING
OPEN FORUM AT THE END OF THE MEETING.

ELECTRONIC SPEAKER CARDS/PUBLIC COMMENTS:

• To Submit An Electronic Speaker Card, Members Of The Public Must (1) Visit The City Of
Oakland Meeting Calendar Website At: https://oakland.legistar.com/Calendar.aspx (2) Click the
hyperlink labeled ‘eComment’ in the far right column of the meeting you wish to participate,
(You Will Be Redirected To The Specific Meeting Webpage); And (3) Register To ‘Sign In To
Speak’ For Each Agenda Item(s) You Wish To Speak to.

PLEASE NOTE, ELECTRONIC SPEAKER CARDS MUST BE SUBMITTED 24 HOURS BEFORE
THE SCHEDULED MEETING START TIME.

• eComment. To send your comment directly to Council members, go to
https://oakland.legistar.com/calendar.aspx and click on the “eComment” link for the
corresponding meeting. Please note that eComment submission ends at the meeting’s
scheduled start time.

• To Comment In Person, Members Of The Public Must Submit A Separate Speaker Card For
Each Item On The Agenda To The City Clerk Before The Item Is Called And/Or As Stated In
City of Oakland Page 2 Printed on 5/22/2026 12:10:25PM
*Finance & Management Committee Agenda - SUPPLEMENTAL May 26, 2026


The Council's Rule Of Procedure.

*To Be Recognized To Speak Via ZOOM, Speaker Cards Must Be Submitted and Received
Before The City Clerk Reads the Item Into the Record.

• Once You Have Submitted Your Speaker Card - Your Zoom Profile Name Will Be
Acknowledged To Speak When Public Comment Is Taken. When your name is called please
raise your hand in Zoom (By Pressing “*9”) and Unmute Your Self By Pressing *6. You Will Be
Permitted To Speak During Your Turn. Instructions On How To “Raise Your Hand” Is Available
At: Https://Support.Zoom.Us/Hc/En-Us/Articles/205566129 - Raise-Hand-In-Webinar.

If you have any questions, please email the Agenda Management Unit at
cityclerk@oaklandca.gov

Agenda Management Unit at cityclerk@oaklandca.gov

- Office of the City Clerk

DEFINITION OF TERMS:

• Action Item: shall mean any resolution, ordinance, public hearing, motion or recommendation
requiring official vote and approval of the City Council to be effective.

• Informational Item: shall mean an agenda item consisting only of an informational report that
does not require or permit Council action.

• Consent Item shall mean, for the purposes of the City Council agenda: 1) approval of Council
minutes, and 2) any action or informational item placed on a Council agenda for a Regular
Meeting or Special Meeting (i) as a Consent Item by the Rules and Legislation Committee, (ii)
pursuant to Rule 28, or (iii) that a Standing Committee has forwarded to the full Council with
unanimous recommendation for approval by the members who are present: Consent Item shall
not include: 1) any item having a high level of public interest or controversy as determined by
the Standing Committee Chair, or the Rules and Legislation Committee, or pursuant to Rule
28; 2) any item that requires a public hearing or that otherwise is ineligible by law as a Consent
Item.

• Non-Consent Item shall mean, for the purposes of a City Council agenda for a Regular
Meeting or Special Meeting, any action or informational item that: 1) a Standing Committee has
forwarded to the full Council without unanimous recommendation for approval; 2) has a high
level of public interest or controversy as determined by a Standing Committee Chair, the
Rules and Legislation Committee, or pursuant to Rule 28; or 3) requires a public hearing or is
otherwise ineligible by law as a Consent Item.




City of Oakland Page 3 Printed on 5/22/2026 12:10:25PM
*Finance & Management Committee Agenda - SUPPLEMENTAL May 26, 2026



COMMITTEE MEMBERSHIP:

 Councilmember Rowena Brown, At-Large; Councilmember Zac Unger, District 1;
 Councilmember Charlene Wang, District 2; Chairperson: Councilmember Janani
 Ramachandran, District 4

Roll Call / Call To Order

1 Approval Of The Draft Minutes From The Committee Meeting May 12, 2026
 26-0663
 Attachments: View Report

2 Determination Of Schedule Of Outstanding Committee Items
 26-0664
 Attachments: View Report
 View Supplemental Report - 5/21/2026

3 Subject: Fiscal Year (FY) 2025-26 Third Quarter (Q3) Revenue And Expenditures (R&E)
 Report
 From: Finance Department
 Recommendation: Receive An Informational Report On Fiscal Year (FY) 2025-26 Third
 Quarter (Q3) Revenues And Expenditures (R&E) Results And Year-End Estimates For
 The General Purpose Fund (GPF, 1010), And Select Funds
 26-0686
 Sponsors: Finance Department
 Attachments: View Report
 View Attachment A
 View Supplemental Presentation - 5/21/2026

 Legislative History

 5/7/26 *Rules & Legislation Scheduled to the *Finance & Management
 Committee Committee

Item 4 Regarding The Amending Oakland Municipal Code Chapter 4.56 (Vacant
Property Tax), Was Withdrawn From This Agenda And Scheduled To The Finance And
Management Committee Pending List Under No Date Specific




City of Oakland Page 4 Printed on 5/22/2026 12:10:25PM
*Finance & Management Committee Agenda - SUPPLEMENTAL May 26, 2026


5 Subject: City Of Oakland Investment Policy For FY 2026-27
 From: Finance Department
 Recommendation: Adopt The Following Pieces Of Legislation:

 1) A Resolution Adopting The City Of Oakland Investment Policy For Fiscal Year
 2026-2027; And
 26-0641
 Sponsors: Finance Department
 Attachments: View Report
 View Attachment A
 View Attachment A - Redline
 View Legislation

 Legislative History

 4/30/26 *Rules & Legislation Scheduled to the *Finance & Management
 Committee Committee

 2) A Resolution Pursuant To Government Code Section 53607 Delegating Investment
 Authority Of The Oakland Redevelopment Successor Agency To The Agency Treasurer
 For Fiscal Year 2026-2027
 26-0642
 Sponsors: Finance Department
 Attachments: View Report
 View Attachment A
 View Attachment A - Redline
 View Legislation

 Legislative History

 4/30/26 *Rules & Legislation Scheduled to the *Finance & Management
 Committee Committee

6 Subject: Cash Management Report For FY 2025-2026 Third Quarter Ended March 31,
 2026
 From: Finance Department
 Recommendation: Receive The Informational Cash Management Report For Fiscal Year
 2025-2026 Third Quarter Ended March 31, 2026
 26-0645
 Sponsors: Finance Department
 Attachments: View Report
 View Attachment A

 Legislative History

 4/30/26 *Rules & Legislation Scheduled to the *Finance & Management
 Committee Committee



City of Oakland Page 5 Printed on 5/22/2026 12:10:25PM
*Finance & Management Committee Agenda - SUPPLEMENTAL May 26, 2026



Open Forum

Adjournment

* In the event of a quorum of the City Council participates on this Committee, the
meeting is noticed as a Special Meeting of the City Council; however no final City
Council action can be taken.

Americans With Disabilities Act

If you need special assistance, including translation services to participate in Oakland
City Council and Committee meetings please contact the Office of the City Clerk. When
possible, please notify the City Clerk 5 days prior to the meeting so we can make
reasonable arrangements to ensure accessibility. Also, in compliance with Oakland's
policy for people with environmental illness or multiple chemical sensitivities, please
refrain from wearing strongly scented products to meetings.
Office of the City Clerk - Agenda Management Unit
Phone: (510) 238-6406
Fax: (510) 238-6699
Recorded Agenda: (510) 238-2386
Telecommunications Relay Service: 711

MATERIALS RELATED TO ITEMS ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL
AFTER DISTRIBUTION OF THE AGENDA PACKETS MAY BE VIEWED IN THE OFFICE OF THE
CITY CLERK, 1 FRANK H. OGAWA PLAZA, 1ST AND 2ND FLOOR, OAKLAND, CA 94612 FROM
8:30 A.M. TO 5:00 P.M.




City of Oakland Page 6 Printed on 5/22/2026 12:10:25PM

Office of the City Clerk
 City of Oakland Oakland City Hall,
 1 Frank H. Ogawa Plaza,
 Room 201
 Meeting Minutes - FINAL Oakland, California 94612

 *Finance & Management Committee
 Oakland City Hall, 1 Frank H. Ogawa Plaza,
 Oakland, California 94612

 City of Oakland Website: http://www.oaklandca.gov

Tuesday, May 26, 2026 9:30 AM City Council Chamber, 3rd Floor


The Oakland City Council Finance And Management Committee Convened At 9:30 A.M., With
Councilmember Ramachandran Presiding As Chairperson

COMMITTEE MEMBERSHIP:

Roll Call / Call To Order

 Present 4- Rowena Brown, Zac Unger, Charlene Wang, and Janani Ramachandran


1 Approval Of The Draft Minutes From The Committee Meeting May 12, 2026
 26-0663
 Attachments: View Report

 A motion was made by Rowena Brown, seconded by Zac Unger, that this matter
 be Accepted. The motion carried by the following vote:

 Aye 4- Brown Unger Wang, Ramachandran

 NO VOTE 0


2 Determination Of Schedule Of Outstanding Committee Items
 26-0664
 Attachments: View Report
 View Supplemental Report - 5/21/2026

 A motion was made by Rowena Brown, seconded by Zac Unger, that this matter
 be Accepted. The motion carried by the following vote:

 Aye 4- Brown Unger Wang, Ramachandran

 NO VOTE 0




City of Oakland Page 1 Printed on 6/9/2026
*Finance & Management Committee Meeting Minutes - FINAL May 26, 2026



3 Subject: Fiscal Year (FY) 2025-26 Third Quarter (Q3) Revenue And Expenditures
 (R&E) Report
 From: Finance Department
 Recommendation: Receive An Informational Report On Fiscal Year (FY) 2025-26 Third
 Quarter (Q3) Revenues And Expenditures (R&E) Results And Year-End Estimates For
 The General Purpose Fund (GPF, 1010), And Select Funds
 26-0686
 Attachments: View Report
 View Attachment A
 View Supplemental Presentation - 5/21/2026

 7 Speakers Spoke On This Item

 A motion was made by Charlene Wang, seconded by Rowena Brown, that this
 matter be Received and Filed. The motion carried by the following vote:

 Aye 4- Brown Unger Wang, Ramachandran

 NO VOTE 0

Item 4 Regarding The Amending Oakland Municipal Code Chapter 4.56 (Vacant
Property Tax), Was Withdrawn From This Agenda And Scheduled To The Finance And
Management Committee Pending List Under No Date Specific

5 Subject: City Of Oakland Investment Policy For FY 2026-27
 From: Finance Department
 Recommendation: Adopt The Following Pieces Of Legislation:

 1) A Resolution Adopting The City Of Oakland Investment Policy For Fiscal Year
 2026-2027; And
 26-0641
 Attachments: View Report
 View Attachment A
 View Attachment A - Redline
 View Legislation

 0 Speakers Spoke On This Item

 The Committee Approved The Recommendation Of Staff And To Forward This Item
 To The June 2, 2026 City Council Agenda On Consent

 A motion was made by Rowena Brown, seconded by Zac Unger, that this matter
 be Approved the Recommendation of Staff, and Forward to go before the *
 Concurrent Meeting of the Oakland Redevelopment Successor Agency and the
 City Council, to be heard 6/2/2026. The motion carried by the following vote:

 Aye 3- Brown Unger, Ramachandran

 Excused 1- Wang

City of Oakland Page 2 Printed on 6/9/2026
*Finance & Management Committee Meeting Minutes - FINAL May 26, 2026


 NO VOTE 0


 2) A Resolution Pursuant To Government Code Section 53607 Delegating Investment
 Authority Of The Oakland Redevelopment Successor Agency To The Agency Treasurer
 For Fiscal Year 2026-2027
 26-0642
 Attachments: View Report
 View Attachment A
 View Attachment A - Redline
 View Legislation

 0 Speakers Spoke On This Item

 The Committee Approved The Recommendation Of Staff And To Forward This Item
 To The June 2, 2026 City Council Agenda On Consent

 A motion was made by Rowena Brown, seconded by Zac Unger, that this matter
 be Approved the Recommendation of Staff, and Forward to go before the *
 Concurrent Meeting of the Oakland Redevelopment Successor Agency and the
 City Council, to be heard 6/2/2026. The motion carried by the following vote:

 Aye 3- Brown Unger, Ramachandran

 Excused 1- Wang

 NO VOTE 0


6 Subject: Cash Management Report For FY 2025-2026 Third Quarter Ended March 31,
 2026
 From: Finance Department
 Recommendation: Receive The Informational Cash Management Report For Fiscal Year
 2025-2026 Third Quarter Ended March 31, 2026
 26-0645
 Attachments: View Report
 View Attachment A

 0 Speakers Spoke On This Item

 A motion was made by Zac Unger, seconded by Rowena Brown, that this matter
 be Received and Filed. The motion carried by the following vote:

 Aye 4- Brown Unger Wang, Ramachandran

 NO VOTE 0

Open Forum

 0 Speakers Spoke During Open Forum




City of Oakland Page 3 Printed on 6/9/2026
*Finance & Management Committee Meeting Minutes - FINAL May 26, 2026


Adjournment

 There Being No Further Business, The Oakland City Council Finance And
 Management Committee Adjourned The Meeting At 10:34 A.M.

* In the event of a quorum of the City Council participates on this Committee, the
meeting is noticed as a Special Meeting of the City Council; however no final City
Council action can be taken.

Americans With Disabilities Act

If you need special assistance, including translation services to participate in Oakland
City Council and Committee meetings please contact the Office of the City Clerk. When
possible, please notify the City Clerk 5 days prior to the meeting so we can make
reasonable arrangements to ensure accessibility. Also, in compliance with Oakland's
policy for people with environmental illness or multiple chemical sensitivities, please
refrain from wearing strongly scented products to meetings.
Office of the City Clerk - Agenda Management Unit
Phone: (510) 238-6406
Fax: (510) 238-6699
Recorded Agenda: (510) 238-2386
Telecommunications Relay Service: 711
MATERIALS RELATED TO ITEMS ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL
AFTER DISTRIBUTION OF THE AGENDA PACKETS MAY BE VIEWED IN THE OFFICE OF THE
CITY CLERK, 1 FRANK H. OGAWA PLAZA, 1ST AND 2ND FLOOR, OAKLAND, CA 94612 FROM
8:30 A.M. TO 5:00 P.M.




City of Oakland Page 4 Printed on 6/9/2026