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Oakland Finance & Management Committee

Oakland • 2026-05-26 • 9:30 AM
RecentLast updated: Jun 24, 2026, 11:02 PM
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Date
Tuesday, May 26
Time
9:30 AM
Location
City Council Chamber, 3rd Floor
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8111226293
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Meeting summary
What Happened
  • 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Ramachandran 4 - NO VOTE 0 Item 4 Regarding The Amending Oakland Municipal Code Chapter 4.56 (Vacant Property Tax), Was Withdrawn From This Agenda And Scheduled To The Finance And Management Committee Pending List Under No Date Specific 5 Subject: City Of Oakland Investment Policy For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.
Agenda
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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
Action: Received and Filed
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5 • 26-0641
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
Action: Approved the Recommendation of Staff, and Forward
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6 • 26-0645
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
Action: Received and Filed
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26-0642
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
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