Civic Center
835 East 14th Street
San Leandro, California
City of San Leandro
Minutes
Finance Committee
Mayor Juan González III
Councilmember Victor Aguilar, Jr.
Councilmember Xouhoa Bowen
Wednesday, July 26, 2023 4:00 PM Surlene Grant Community Room
1. CALL TO ORDER
Mayor Gonzalez called the Finance Committee meeting to order at 4:00pm
1.A. Attendance
Mayor Gonzalez, Council Member Aguilar, Council Member Bowen, Assistant City Manager Cameron, Finance Director Yuen, and Purchasing Technician Perez
1.B. Announcements
No Announcements
2. DISCUSSION ITEMS
2.A. 23-369 Sales Tax Update
Information Only
Thomas Adams of Avenu Insights & Analytics presented the Sales Tax Update via TEAMS. No action required.
2.B. 23-353 Staff Report for Discussion on City Debt Obligations as of June 30, 2023 Finance Director Michael Yuen presented on the City Debt Obligations; no action required.
2.C. 23-355 Staff Report for Discussion on City Debt Management Policy Finance Director Michael Yuen presented on City Debt Management policy; no action required.
3. FUTURE AGENDA ITEMS
3.A 23-368 Future Agenda Items
Finance Director Michael Yuen presented Future Agenda Items; no action required.
Council Member Aguilar thanked Director Yuen for the presentations.
Council Member Bowen inquired about changes to the Finance Committee meetings City of San Leandro Page 1
Finance Committee Minutes July 26, 2023
scheduled in November and December, as they fall on the Holiday weeks. Director Yuen stated that changes have not yet been made and will have an update by September.
4. PUBLIC COMMENTS
No Comments from the Public
5. COMMITTEE MEMBER COMMENTS
Mayor Gonzalez spoke about the Point of Sale and Point of Destination in 0.5% of Sales Tax and inquired on what businesses should be in San Leandro and how can we expand economic activity. Mayor Gonzalez would like Economic Development and Finance to work together in exploring new businesses and revenue impacts.
6. ADJOURN
Mayor Gonzalez adjourned the meeting at 5:12pm
7. MEETING ACCESSIBILITY
City of San Leandro Page 2