City of San Ramon
FINANCE COMMITTEE
AGENDA
Robert Jweinat, Chair • Mark Armstrong, Vice Chair
City Hall - Training Room, First Floor
7000 Bollinger Canyon Road
Regular Meeting
4:00 PM
February 18, 2026
AGENDA QUESTIONS: PLEASE CALL THE FINANCE DIRECTOR AT (925) 973-2576
1. CALL TO ORDER
2. PUBLIC COMMENT
At this time, members of the public are encouraged to address the Committee on any item not already included on the agenda. Comments should not exceed three (3) minutes. No Committee action can be taken at this meeting on issues raised during public comment
3. APPROVAL OF MINUTES
3.1 Finance Committee Special Meeting - December 18, 2025
4. UNFINISHED BUSINESS
5. NEW BUSINESS
5.1 California Employers’ Benefit Trust (CERBT) Statement for the Quarter Ended December 31, 2025
Staff Report by Jennifer Wakeman, Finance Director
5.2 PARS Pension Stabilization Trust Statements for the Quarter Ended December 31, 2025
Staff Report by Jennifer Wakeman, Finance Director
5.3 FY25 Memorandum on Internal Control
Recommendation: Review and Accept the FY25 Memorandum on Internal Control.
Staff Report by Jennifer Wakeman, Finance Director
2 Finance Committee Meeting – February 18, 2026
5.4 Reserve Workshop Preview
Recommendation: Review the Attached Draft City Council Report, Receive the Planned Presentation, and Provide Feedback on Both.
Staff Report by Jennifer Wakeman, Finance Director
5.5 City of San Ramon Quarterly Investment Report (Period Ending December 31, 2025)
Staff Report by Elaine Huang, Accountant
5.6 FY26 Budget to Actual Analyses: July - December 2025 Recommendation: Staff Recommends the Finance Committee Review the Budget to Actual Analyses for Quarters 1 and 2 of FY 2025-26 and 1) Provide Feedback on the Content of the Information Provided and 2) Ask Any Questions.
Staff Report by Yuliya Elbo, Budget Manager
6. COMMITTEE MEMBER COMMENTS
7. ADJOURNMENT
The next Finance Committee Meeting is scheduled for March 18, 2026.
I hereby certify the agenda was posted 72 hours before the noted meeting. This agenda is posted in accordance with Government Code Section 54954.2(a). To make a request for disabilityrelated accommodation to participate in the meeting, please contact the City Clerk’s Office 48 hours in advance of the meeting at 925-973-2539 or [email protected].
Dated: February 13, 2026
3 Finance Committee Meeting – February 18, 2026
ATTENDEE CONDUCT
There will be zero tolerance for any person addressing the Committee making profane, offensive and disruptive remarks, or engaging in loud, boisterous, or other disorderly conduct, that disrupts the orderly conduct of the public meeting. Specifically, it is important for all speakers to adhere to the following guidelines for participation in this meeting:
a. No profanity or obscenity
b. Refrain from personal threats or attacks.
c. Refrain from hateful epithets and demeaning language based on any person’s race, religion, sexual orientation, ethnicity, gender, or disability. d. Respect all people that are present.
At the discretion of the Committee Chair, a speaker may forfeit speaking time for any of the following reasons:
a. Exceeding the allotted time to speak;
b. Yelling, screaming, or other behavior that renders this Committee unable to continue the meeting;
c. Excessive profanity or slander; Specific threats or “fighting words” that incite violence; or
d. Speech that is outside the subject matter jurisdiction of the Committee or the specific agenda item in which you are speaking.
While the City of San Ramon ensures the First Amendment rights of its citizens, we do not accept nor endorse any offensive or hateful comments made during our meetings. The City of San Ramon celebrates the diversity of our community, and we strive to be a welcoming and open community for all.