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Minutes

Finance & Management Committee
February 10, 2026

Document
Minutes
Meeting
February 10, 2026
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Finance & Management Committee
Pages
4
Original file
106 KB
Text extracted from the city's file for reading and search. Open the original on oakland.legistar1.com. That file is the official record.

Office of the City Clerk
Oakland City Hall,
1 Frank H. Ogawa Plaza,
Room 201
Oakland, California 94612
City of Oakland
Meeting Minutes - FINAL
*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, February 10, 2026 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
Rowena Brown, Zac Unger, Charlene Wang, and Janani RamachandranPresent 4 - 1 Approval Of The Draft Minutes From The Committee Meeting Held On January 27, 2026 26-0384
View ReportAttachments:
0 Speakers Spoke On This Item
A motion was made by Rowena Brown, seconded by Zac Unger, that this matter be Accepted. The motion carried by the following vote:

Aye Brown Unger Wang, Ramachandran4 -
NO VOTE 0
2 Determination Of Schedule Of Outstanding Committee Items 26-0385
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View Supplemental Report - 2/6/2026
Attachments:
0 Speakers Spoke On This Item
A motion was made by Zac Unger, seconded by Charlene Wang, that this matter be Accepted. The motion carried by the following vote:

Aye Brown Unger Wang, Ramachandran4 -
NO VOTE 0

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February 10, 2026*Finance & Management Committee Meeting Minutes - FINAL 3 Subject: Oakland Redevelopment Successor Agency (ORSA) Audit Report, FY 2024-25
From: Finance Department:

Recommendation: Receive The Oakland Redevelopment Successor Agency (ORSA) Audit Report For The Year Ended June 30, 2025
26-0358
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View Attachment A
Attachments:
0 Speakers Spoke On This Item
A motion was made by Zac Unger, seconded by Charlene Wang, that this matter be Received and Filed. The motion carried by the following vote:

Aye Brown Unger Wang, Ramachandran4 -
NO VOTE 0
4 Subject: Fiscal Year 2024-25 Fourth Quarter Revenue And Expenditures (R&E) Report From: Finance Department:

Recommendation: Receive An Informational Report On Fiscal Year (FY) 2024-25 Fourth Quarter (Q4) Audited Results For The General Purpose Fund (GPF, 1010), And Select Funds
26-0357
View Report
View Attachment A
View Supplemental Powerpoint Presentation - 2/5/2026
Attachments:
2 Speakers Spoke On This Item
A motion was made by Rowena Brown, seconded by Charlene Wang, that this matter be Received and Filed. The motion carried by the following vote:

Aye Brown Unger Wang, Ramachandran4 -
NO VOTE 0

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February 10, 2026*Finance & Management Committee Meeting Minutes - FINAL 5 Subject: Annual Comprehensive Financial Report And Management Letter From: Finance Department
Recommendation: Receive The Annual Comprehensive Financial Report (ACFR) And The Auditor’s Required Communication To City Council (Management Letter) For The Year Ended June 30, 2025
26-0356
View Report
View Attachment A
View Attachment B
Attachments:
2 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 Brown Unger Wang, Ramachandran4 -
NO VOTE 0
6 Subject: Multi-Year Plan To Meet Voter-Mandated Staffing And Service Level From: Finance Department
Recommendation: Receive An informational Report Addressing The Oakland Roadmap To Fiscal Health’s Objective Of Presenting A Phased, Multiyear Plan To Move The City Toward Compliance With Voter Mandated Staffing, Service Levels And Other Agreements
26-0363
View Report
View Attachment A
View Attachment B
View Supplemental Powerpoint Presentation - 2/5/2026
Attachments:
6 Speakers Spoke On This Item
The Committee Approved The Recommendation Of Staff And To Receive And Forward This Item To The February 17, 2026 City Council Agenda On Consent A motion was made by Charlene Wang, seconded by Rowena Brown, that this matter be Received and Forwarded to go before the * Concurrent Meeting of the Oakland Redevelopment Successor Agency and the City Council, to be heard 2/17/2026. The motion carried by the following vote:

Aye Brown Unger Wang, Ramachandran4 -
NO VOTE 0

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February 10, 2026*Finance & Management Committee Meeting Minutes - FINAL Open Forum
2 Speakers Spoke During Open Forum
Adjournment
There Being No Further Business, The Oakland City Council Finance And Management Committee Adjourned The Meeting At 11:31 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.

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