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Oakland Finance & Management Committee met on 2026-05-26. This summary uses official minutes text and focuses on substantive outcomes rather than routine meeting procedure. The most resident-relevant actions centered on budget, fees, or fiscal policy and appointments, commissions, or committees.
Key Decisions
The motion carried by the following vote: Aye Brown Unger Wang, Ramachandran 4 - NO VOTE 0 Item 4 Regarding The Amending Oakland Municipal Code Chapter 4.56 (Vacant Property Tax), Was Withdrawn From This Agenda And Scheduled To The Finance And Management Committee Pending List Under No Date Specific 5 Subject: City Of Oakland Investment Policy For FY...
The motion carried by the following vote: Aye Brown Unger, Ramachandran 3 - Excused Wang 1 - Page 2 City of Oakland Printed on 6/9/2026 May 26, 2026 *Finance & Management Committee Meeting Minutes - FINAL NO VOTE 0 2) A Resolution Pursuant To Government Code Section 53607 Delegating Investment Authority Of The Oakland Redevelopment Successor Agency To...
Ogawa Plaza, Oakland, California 94612 City of Oakland Website: http://www.oaklandca.gov 9:30 AM City Council Chamber, 3rd Floor 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,...
The motion carried by the following vote: Aye Brown Unger Wang, Ramachandran 4 - NO VOTE 0 2 Determination Of Schedule Of Outstanding Committee Items 26-0664 View Report View Supplemental Report - 5/21/2026 Attachments: A motion was made by Rowena Brown, seconded by Zac Unger, that this matter be Accepted.
2 informational items are noted separately below.
Why It Matters
This summary is based on approved minutes text, so action language is treated as outcome evidence rather than agenda-only planned action.
Budget actions can affect city service levels, project timing, and how limited local funds are allocated.
Appointments and leadership decisions affect who is responsible for carrying city policy into day-to-day implementation.
Topics Discussed
The motion carried by the following vote: Aye Brown Unger Wang, Ramachandran 4 - NO VOTE 0 Page 1 City of Oakland Printed on 6/9/2026 May 26, 2026 *Finance & Management Committee Meeting Minutes - FINAL 3 Subject: Fiscal Year (FY) 2025-26 Third Quarter...
The motion carried by the following vote: Aye Brown Unger, Ramachandran 3 - Excused Wang 1 - NO VOTE 0 6 Subject: Cash Management Report For FY 2025-2026 Third Quarter Ended March 31, 2026 From: Finance Department Recommendation: Receive The Informational...
What Happens Next
Budget amendments move into implementation through city departments and future financial reporting.
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1 • 26-0663
Approval Of The Draft Minutes From The Committee Meeting May 12, 2026
Action: Accepted
2 • 26-0664
Determination Of Schedule Of Outstanding Committee Items
Action: Accepted
3 • 26-0686
Subject: Fiscal Year (FY) 2025-26 Third Quarter (Q3) Revenue And Expenditures (R&E) Report
From: Finance Department
Recommendation: Receive An Informational Report On Fiscal Year (FY) 2025-26 Third Quarter (Q3) Revenues And Expenditures (R&E) Results And Year-End Estimates For The General Purpose Fund (GPF, 1010), And Select Funds
Subject: City Of Oakland Investment Policy For FY 2026-27
From: Finance Department
Recommendation: Adopt The Following Pieces Of Legislation:
1) A Resolution Adopting The City Of Oakland Investment Policy For Fiscal Year 2026-2027; And
Subject: Cash Management Report For FY 2025-2026 Third Quarter Ended March 31, 2026
From: Finance Department
Recommendation: Receive The Informational Cash Management Report For Fiscal Year 2025-2026 Third Quarter Ended March 31, 2026
2) A Resolution Pursuant To Government Code Section 53607 Delegating Investment Authority Of The Oakland Redevelopment Successor Agency To The Agency Treasurer For Fiscal Year 2026-2027
Action: Approved the Recommendation of Staff, and Forward
Public comment item
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