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, February 28, 2024 4:00 PM Surlene Grant Community Room
1. CALL TO ORDER
Mayor Gonzalez called the meeting to order at 4:01pm
1.A. Attendance
Attendance: Present: Mayor Gonzalez, Councilmember Bowen, Assistant City Manager Cameron, Finance Director Yuen, Human Services Director Lobedan, Finance Analyst Nunes, Purchasing Technician Perez
Absent: Councilmember Aguilar
1.B. Announcements
No announcements
2. DISCUSSION ITEMS
2.A. 24-023 Discussion of Section 115 OPEB (Other Post-Employment Benefits) Trust and Pension Trust Investment Report for the Quarter Ended December 31, 2023
Presentation by Finance Director Yuen on Discussion of Section 115 OPEB (Other Post-Employment Benefits) Trust and Pension Trust Investment Report for Quarter Ended December 31, 2023.
Finance Committee recommended taking to Council for approval
2.B. 24-063 Staff Report for Discussion Regarding the American Rescue Plan Act (ARPA), Including Reallocation of $1,078,857 to technology infrastructure, a recreational vehicle (RV) outreach and housing navigation pilot program, and the alternative response unit, and Authorization for the City Manager to Approve Carryovers/Unspent ARPA Funds to Future Fiscal Years’ Budgets
Presentation by Finance Director Yuen on Staff Report for Discussion Regarding the American Rescue Plan Act (ARPA), Including Reallocation of $1,078,857 to Technology Infrastructure, a Recreational Vehicle (RV) Ourtreach and Housing Navigation Pilot Program, and the Alternative Response Unit, and Authorization for the City Manager to Approve Carryovers/Unspent ARPA Funds to Future Fiscal Years' City of San Leandro Page 1
Finance Committee Minutes February 28, 2024
Budgets.
Finance Committee Recommended taking to Council for Approval.
2.C. 24-068 Staff Report for 2023-2024 Budget Amendment for 2022-2023 Year-End, One-Time Appropriation of Unspent Funds for the General Fund, Special Revenue Funds, Capital Improvement Projects Fund, and Fiduciary Fund
Presentation by Finance Director Yuen for 2023-2024 Budget Amendment for 2022-2023 Year-End, One-Time Appropriation of Unspent Funds for the General Fund, Special Revenue Funds, Capital Improvement Projects Fund and Fiduciary Fund.
Mayor Gonzalez and Councilmember Bowen requested the last two items from the "Proposed Allocations" be removed from the list of recommendations for further discussion: Pension Trust Payment and Replenish Reserves for Deficit Reductions/Fiscal Sustainability.
Finance Committee Recommended taking Amended Proposed Allocations List to Council for Approval
3. PUBLIC COMMENTS
No Public Comments
4. COMMITTEE MEMBER COMMENTS
No Committee Member Comments
5. ADJOURN
Meeting adjourned at 5:26pm
MEETING ACCESSIBILITY
City of San Leandro Page 2