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HomeMy WebLinkAbout2025-08-19 Finance Committee Action MinutesFINANCE COMMITTEE ACTION MINUTES Page 1 of 2 Special Meeting August 19, 2025 The Finance Committee of the City of Palo Alto met on this date in the Community Meeting Room and by virtual teleconference at 5:30 P.M. Present In-Person: Reckdahl, Lythcott-Haims, Burt (Chair) Absent: Call to Order Public Comment Agenda Items 1. Recommendation to the City Council to approve FY 2026 budget amendments to reduce appropriations by approximately $6.2 million. CEQA Status - Not a Project. MOTION: The Finance Committee unanimously agreed to advance the staff FY26 budget amendment recommendations for Council with the following considerations: • In the budget recommendations, indicate if the defunded position is currently vacant and if so, duration of vacancy. • Summarize positions by department and asterisking changes such as new classification, in-house/out-source inter-departmental shifts. • For CIP Bayland Levee, modify the recommendation to retain $50,000 in FY26 budget for permitting efforts. • Junior Museum & Zoo Program Assistant (1 FTE) – review revenue recovery potential (i.e. range of assumptions) and potentially consider retaining this position. • Police Reserve Officer (0.12 FTE) – review impact to overtime and likelihood of a net zero result, and potentially consider retaining this part-time position. ACTION MINUTES Page 2 of 2 Sp. Finance Committee Meeting Action Minutes: 05/20/25 • Consultant savings will be discussed with Council on September 15 and include any available information within this budget report to Council, if possible. • Community Services Department Enjoy Catalogue – review the revenue impact of going from 4 to 2 publications in FY26 and defer decision to transition to postcard only in FY27. MOTION PASSED: 3-0 Adjournment: The meeting was adjourned at 8:43 P.M.