COUNCIL FINANCE COMMITTEE
MINUTES
SPECIAL MEETING—WEDNESDAY, JANUARY 21, 2026
PLAZA CONFERENCE ROOM, 500 CASTRO STREET
9:00 A.M.
1. C
ALL TO ORDER
C
hair Ramos called the meeting to order at 9:02 a.m.
2. RO
LL CALL
Pr
esent: Committee members Lucas Ramirez, Chris Clark, and Chair Emily Ann Ramos A
bsent: None.
3. M
INUTES APPROVAL
M
otion—M/S Ramirez/Clark—Carried 3-0—To approve the minutes for the Special Meeting of December 2, 2025.
4. O
RAL COMMUNICATIONS FROM THE PUBLIC – None.
5. N
EW BUSINESS
5.1 REV
IEW OF FISCAL YEAR 2024-25 SINGLE AUDIT REPORT
Mr
. Ahmed Badawi, President of Badawi & Associates, the City’s independent audit firm, presented the City’s Single Audit Report for the fiscal year ended June 30, 2025.
T
he Council Finance Committee (Committee) received a presentation regarding the results of the audit, including compliance testing of major federal programs and the auditor’s required communications.
M
otion-M/S Clark/Ramirez- Carried 3 -0 - To recommend that the Committee receive and accept the City’s Single Audit Report for the fiscal year ended June 30, 2025.
Council Finance Committee Minutes
January 21, 2026
5.2 PARK FEE NEXUS STUDY AND PARK IMPACT FEE UPDATE
J
ohn Marchant, Community Service Direct and Jennifer Logue, City Attorney along with cons ultants from Economic Planning System, Inc (EPS) presented the Park Fee/Nexus Study Update.
M
otion-M/S R amirez/Clark—Carried 3-0— To receive the update and provide direction to review alternative fee methodologies (sq ft vs bedroom), citywide land value analysis, and revise the park improvement cost model by removing outlier projects.
6. C
OMMITTEE/STAFF COMMENTS, QUESTIONS, COMMITTEE REPORTS – Q: R
amirez asked about things that will be discussed this year:
A: The following upcoming items were discussed:
• Review of the City A uditor’s proposed work plan and results of pr eviously completed audits.
• Updates to Council Policy A-11, Financial and Budgetary Policy • Updates to Council Policy D -13, Mountain view Employee Homebuyer and Relocation Assistance Program
7. AD
JOURNMENT
T
he meeting was adjourned at 10:48 a.m.
These Minutes are hereby submitted for
approval by Victoria Labrador, Recording
Secretary.
Approved on May 20, 2026.