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DRAFT Sunnyvale Financing Authority Meeting Minutes of 12/9/2026

Sunnyvale City Council
June 2, 2026

Document
DRAFT Sunnyvale Financing Authority Meeting Minutes of 12/9/2026
Meeting
June 2, 2026
Body
Sunnyvale City Council
Pages
4
Original file
613 KB
Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.

City of Sunnyvale
Meeting Minutes - Draft
City Council
5:45 PM Online and Council Chambers, City Hall,
456 W. Olive Ave., Sunnyvale, CA 94086
Tuesday, December 9, 2025
Special Meeting: Closed Session-5:45 PM | Special Meeting: Study Session-6:45 PM | Regular Meeting-7 PM | Joint Meeting City Council & Sunnyvale Financing Authority-7 PM
7 P.M. (OR SOON THEREAFTER) JOINT MEETING OF CITY COUNCIL AND

SUNNYVALE FINANCING AUTHORITY
Call to Order
Authority Chair/Mayor Klein called the joint meeting of the City Council and Sunnyvale Financing Authority Meeting to order at 7:15 p.m.

Roll Call

Present: 6 - Authority Chair / Mayor Larry Klein
Authority Vice Chair / Vice Mayor Linda Sell
Authority Member / Councilmember Alysa Cisneros
Authority Member / Councilmember Richard Mehlinger
Authority Member / Councilmember Charlsie Chang
Authority Member / Councilmember Eileen Le

Absent: 1 - Authority Member / Councilmember Murali Srinivasan Authority Member/Councilmember Srinivasan’s absence is excused.

Oral Communications
No speakers.

Consent Calendar
Public Comment opened at 7:18 p.m.

No speakers.

Public Comment closed at 7:18 p.m.

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December 9, 2025City Council Meeting Minutes - Draft
MOTION: Authority Vice Chair Sell moved and Authority Member Chang seconded the motion to approve agenda item 2.A
The motion carried with the following vote:

Yes: 6 - Authority Chair Klein
Authority Vice Chair Sell
Authority Member Cisneros
Authority Member Mehlinger
Authority Member Chang
Authority Member Le
No: 0

Absent: 1 - Authority Member Srinivasan

2.A 25-0414
Approve Sunnyvale Financing Authority Meeting Minutes of October 21, 2025
Approve the Sunnyvale Financing Authority Meeting Minutes of October 21, 2025 as submitted.

PUBLIC HEARINGS/GENERAL BUSINESS
3 25-0450 Receive and File the FY 2024/25 Budgetary Year-End Financial Report, Annual Comprehensive Financial Report (ACFR), the Sunnyvale Financing Authority Financial Report, Agreed Upon Procedure Reports, and the Report to the City Council Issued by the Independent Auditors, and Approve Budget Modification No. 10
Finance Director Matt Paulin and Finance Assistant Director Dennis Jaw provided the staff report and presentation.

Public Hearing opened at 8:13 p.m.

Angela Rausch, Livable Sunnyvale, provided a presentation in support of funding unhoused preventive services.

Sharlene Liu voiced their support for allocating funding to Active Transportation Plan projects.

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December 9, 2025City Council Meeting Minutes - Draft
Doug Kunz advocated for funding unhoused services and Active Transportation Plan projects
Daniel Karpelevitch communicated support for funding Active Transportation Plan projects
Public Hearing closed at 8:25 p.m.

City Council
MOTION: Councilmember Mehlinger moved and Councilmember Cisneros seconded the motion to approve Alterative 1: Receive and file the FY 2024/25 Budgetary Year-End Financial Report, Annual Comprehensive Financial Report (ACFR), the Sunnyvale Financing Authority Financial Report, Agreed Upon Procedure Reports, and the Report to the City Council issued by the Independent Auditors, and approve Budget Modification No. 10, with the following changes:
- Add an additional $1 million to the Budget Stabilization Fund; - Add an additional $1 million to the Infrastructure Fund; and - Reduce the contribution to the irrevocable pension trust by $2 million.

The motion failed with the following vote:

Yes: Councilmember Cisneros
Vice Mayor Mehlinger
2 -
No: Mayor Klein
Councilmember Sell
Councilmember Chang
Councilmember Le
4 -

Absent: Councilmember Srinivasan1 -
MOTION: Mayor Klein moved and Vice Mayor Sell seconded the motion to approve Alterative 1. Receive and file the FY 2024/25 Budgetary Year-End Financial Report, Annual Comprehensive Financial Report (ACFR), the Sunnyvale Financing Authority Financial Report, Agreed Upon Procedure Reports, and the Report to the City Council Issued by the Independent Auditors, and approve Budget Modification No.

10. The motion carried with the following vote:

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December 9, 2025City Council Meeting Minutes - Draft
Yes: Mayor Klein
Councilmember Sell
Councilmember Cisneros
Vice Mayor Mehlinger
Councilmember Chang
Councilmember Le
6 -
No: 0

Absent: Councilmember Srinivasan1 -
Sunnyvale Financing Authority
MOTION: Authority Vice Chair Sell moved and Authority Member Cisneros seconded the motion to approve Alternative 3: Receive and file the FY 2024/25 Sunnyvale Financing Authority Financial Report.

The motion carried with the following vote:

Yes: 6 - Authority Chair Klein
Authority Vice Chair Sell
Authority Member Cisneros
Authority Member Mehlinger
Authority Member Chang
Authority Member Le
No: 0

Absent: 1 - Authority Member Srinivasan

ADJOURN JOINT CITY COUNCIL AND SUNNYVALE FINANCING AUTHORITY

MEETING
Authority Chair/Mayor Klein adjourned the meeting at 9:01 p.m.

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