Office of the City Clerk
Oakland City Hall,
1 Frank H. Ogawa Plaza,
Room 201
Oakland, California 94612
City of Oakland
Meeting Minutes - DRAFT
*Finance & Management Committee
Oakland City Hall, 1 Frank H. Ogawa Plaza,
Oakland, California 94612
City of Oakland Website: http://www.oaklandca.gov
9:30 AM City Council Chamber, 3rd FloorTuesday, March 25, 2025 The Oakland City Council Finance And Management Committee Convened At 9:31 A.M. With Councilmember Ramachandran Presiding As Chairperson COMMITTEE MEMBERSHIP:
Roll Call / Call To Order
Janani Ramachandran, Zac Unger, and Rebecca KaplanPresent 3 - Carroll FifeExcused 1 -
The Roll Call was modified to note Councilmember Fife present at 9:33 a.m. 1 Approval Of The Draft Minutes From The Committee Meeting Of March 11, 2025 25-0554
View ReportAttachments:
A motion was made by Rebecca Kaplan, seconded by Zac Unger, that this matter be Accepted. The motion carried by the following vote:
Aye Ramachandran Unger, Kaplan3 -
Excused Fife1 -
NO VOTE 0
2 Determination Of Schedule Of Outstanding Committee Items 25-0555
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View Supplemental Report - 3/20/2025
Attachments:
A motion was made by Janani Ramachandran, seconded by Zac Unger, that this matter be Accepted. The motion carried by the following vote:
Aye Ramachandran Fife Unger, Kaplan4 -
NO VOTE 0
March 25, 2025*Finance & Management Committee Meeting Minutes - DRAFT 3 This Item Regarding The "Parking Enforcement Operations " Was Withdrawn From This Agenda And Scheduled To The April 9, 2025 Special Finance And Management Committee Agenda
4 Subject: Informational Report On The Equipment Services Fund From: Councilmember Kaplan
Recommendation: Receive An Informational Report On The Amount Of Funds Available In The Equipment Services Fund And Information About, And A Copy Of All Directives Regarding, Allowable Use Of The Equipment Services Fund 25-0428
Sponsors: Kaplan
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View Supplemental Report - 3/14/2025
Attachments:
The Committee Approved To Continue This Item To The April 22, 2025 Finance And Management Committee Meeting
A motion was made by Rebecca Kaplan, seconded by Zac Unger, that this matter be Continued to go before the *Finance & Management Committee, to be heard 4/22/2025. The motion carried by the following vote:
Aye Ramachandran Fife Unger, Kaplan4 -
NO VOTE 0
5 Subject: Oakland PFRS’s Investment Portfolio As Of December 31, 2024 From: Finance Department
Recommendation: Receive An Informational Report On The Oakland Police And Fire Retirement System’s (“PFRS”, Or “System”) Investment Portfolio As Of December 31, 2024
25-0535
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View Attachment A
Attachments:
A motion was made by Rebecca Kaplan, seconded by Carroll Fife, that this matter be Received and Filed. The motion carried by the following vote:
Aye Ramachandran Fife Unger, Kaplan4 -
NO VOTE 0
March 25, 2025*Finance & Management Committee Meeting Minutes - DRAFT 6 Subject: Oakland PFRS’s Actuary Report As Of July 1, 2024 From: Finance Department
Recommendation: Receive An Informational Report On The Oakland Police And Fire Retirement System’s (“PFRS”, Or “System”) Actuary Report As Of July 1, 2024, And Analysis Of Full Funding Status Of The Pension Obligation Ahead Of The Full Funding Date Of 2026 For The Purposes Of The City
25-0537
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View Attachment A
Attachments:
A motion was made by Rebecca Kaplan, seconded by Carroll Fife, that this matter be Received and Filed. The motion carried by the following vote:
Aye Ramachandran Fife Unger, Kaplan4 -
NO VOTE 0
Open Forum
Adjournment
There Being No Further Business, The Oakland City Council Finance And Management Committee Adjourned The Meeting At 10:16 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.
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