HomeMy WebLinkAbout2026-05-06 Finance Committee Action MinutesFINANCE COMMITTEE
ACTION MINUTES
Page 1 of 7
Special Meeting
May 6, 2026
The Finance Committee of the City of Palo Alto met on this date in the Community Meeting
Room and by virtual teleconference at 9:00 PM.
Present In-Person: Lauing (Chair), Burt, Lu
Absent:
Call to Order
Public Comment
Agenda Items
1. Summary of Day 1 (9:00 AM – 9:30 AM)
NO ACTION TAKEN
2. Planning and Transportation (9:30 AM – 11:00 AM)
a) Planning and Development Services (O:337-352)
i. Community Development Block Grant
ii. Business Improvement District
iii. Impact Fee Funds
iv. Housing Funds
b) Office of Transportation (O:323-335)
i. Parking Funds
ACTION MINUTES
Page 2 of 7
Sp. Finance Committee Meeting
Action Minutes: 05/06/2026
MOTION: Councilmember Burt moved, seconded by Councilmember Lauing, to recommend the
City Council
1. Tentatively approve the Office of Transportation Proposed Budgets, and
2. Tentatively approve the staff proposal regarding the PATMA alternative.
MOTION PASSED: 2-0-1, Lu recused
MOTION: Councilmember Lu moved, seconded by Councilmember Lauing, to recommend the
City Council
1. Tentatively approve the Planning and Development Services and Office of
Transportation Proposed Budgets, and
2. Referral to staff to return with information regarding the marginal benefit of restoring
Office of Transportation staffing to work on critical City priorities.
MOTION PASSED: 3-0
3. Public Safety (11:00 AM – 12:30 PM)
a) Police (O:353-367)
b) Fire (O:245-258)
c) Office of Emergency Services (O:313-322)
MOTION: Councilmember Lu moved, seconded by Councilmember Lauing, to recommend the
City Council
1. Tentatively approve the Police, Fire, and Office of Emergency Services Proposed
Budgets, and
2. Place the following in the “parking lot”:
a. School crossing guards
b. TrackWatch
c. IDS system
ACTION MINUTES
Page 3 of 7
Sp. Finance Committee Meeting
Action Minutes: 05/06/2026
3. Referral to staff to consider lateral hiring bonuses in the Police Department as part of
the FY 28 budget process, and
4. Referral to staff to bring back accurate overtime budgeting for the Police Department as
part of the FY 28 budget process, and
5. Referral to staff to evaluate potential efficiency opportunities in Fire Department as part
of the FY 28 budget process.
MOTION PASSED: 3-0
LUNCH BREAK (12:30 PM - 1:30 PM)
MOTION: Councilmember Lauing moved, seconded by Councilmember Lu, to put OSV on the
parking lot, and recommend the City Council approve the $384,000.00 budget allocation and
consider potential alternative funding methods for the Geng Road parking site.
MOTION PASSED: 3-0
4. FY 2027 Proposed Municipal Fee Schedule (1:30 PM – 2:00 PM)
MOTION: Councilmember Lauing moved, seconded by Councilmember Burt, to recommend the
City Council accept the FY 2027 Municipal Fee Schedule.
MOTION PASSED: 3-0
5. Infrastructure and Environment: Capital Improvement Program (continued), Enterprise Fund
Projects & Internal Service Fund Projects (2:00 PM – 3:30 PM)
a) Information Technology
i. Technology Fund (C:715-742)
b) Public Works
i. Airport Fund (Public Works) (C:393-415)
ii. Stormwater Management Fund (Public Works) (C:555-586)
ACTION MINUTES
Page 4 of 7
Sp. Finance Committee Meeting
Action Minutes: 05/06/2026
iii. Wastewater Treatment Fund (Public Works) (C:627-666)
iv. Vehicle Replacement and Maintenance Fund (C:743-771)
c) Utilities
MOTION: Councilmember Lu moved, seconded by Councilmember Burt, to recommend the City
Council tentatively approve the Capital Improvement Program (continued), Enterprise Fund
Projects, and Service Fund Projects Proposed Budgets
MOTION PASSED: 3-0
6. Closing Review (3:30 PM – 5:00 PM)
MOTION: Councilmember Lauing moved, seconded by Councilmember Burt, to recommend the
City Council tentatively approve:
1. Option C for the appropriation modified the budget column; Add $124,000 funding for
additional direct allocations to Magical Bridge, Cal Ave Music and Special Events, and
UNAFF;
2. Parking lot item for the Council to approve Finance Committee recommendation that
any additional grant funding that may be authorized by the Council be processed
through HSRAP.
MOTION PASSED: 3-0
MOTION: Councilmember Lu moved, seconded by Councilmember Lauing, to recommend the
City Council approve the recommendations outlined below.
ACTION MINUTES
Page 5 of 7
Sp. Finance Committee Meeting
Action Minutes: 05/06/2026
ACTION MINUTES
Page 6 of 7
Sp. Finance Committee Meeting
Action Minutes: 05/06/2026
ACTION MINUTES
Page 7 of 7
Sp. Finance Committee Meeting
Action Minutes: 05/06/2026
MOTION PASSED: 3-0
Future Meetings and Agendas
Adjournment: The meeting was adjourned at 5:26 P.M.