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Half Moon Bay City Council's 2026-03-03 meeting centered on CONSENT CALENDAR 8.A WAIVE READING OF RESOLUTIONS AND ORDINANCES 8.B TREASURER’S REPORT FOR THE QUARTER ENDING... and This approach was designed to reduce administrative burdens, provide greater funding stability, and minimize..., with additional discussion on RECONCILING ITEMS - Less: OUTSTANDING CHECKS (222,913.50) Plus: DEPOSITS IN TRANSIT 15,777.00 Plus: VOID CHECKS -....
CONSENT CALENDAR 8.A WAIVE READING OF RESOLUTIONS AND ORDINANCES 8.B TREASURER’S REPORT FOR THE QUARTER ENDING...: The item focused on by motion, accept the Treasurer’s Report for the quarter ending December 31,. Section: PUBLIC FORUM.
This approach was designed to reduce administrative burdens, provide greater funding stability, and minimize...: The item focused on This approach was designed to reduce administrative burdens, provide greater funding stability, and minimize....
RECONCILING ITEMS - Less: OUTSTANDING CHECKS (222,913.50) Plus: DEPOSITS IN TRANSIT 15,777.00 Plus: VOID CHECKS -...: The item focused on the Financial Report for the quarter ended December 31,.
GENERAL PLAN FEE SPECIAL REVENUE 25,266.51 MEASURE W FUND 1,161,135.63 LOT ACQUISITION/DEVELOPMENT 1,419,743.42 CZI...: Section: ADJOURNMENTMENT 4 1,271,028.38 LIBRARY CAPITAL 520,200.95 CARTER PARK CAPITAL 2,008.77 GENERAL LONG TERM DEBT - SEWER FUNDS 4,038,711.73 VEHICLE REPLACEMENT 140,317.56 FURN/FIXT & EQUIP FUND 857,060.28 RISK...
Cash and investments were comprised of the following instruments as of December 31, 2025, shown with the carrying...: Section: ADJOURNMENTMENT 4 portfolio Interim Administrative Services Director City Manager I certify that this reports all Government Agency pooled investments and is in conformity with the investment policy of the...
Key decisions
CONSENT CALENDAR 8.A WAIVE READING OF RESOLUTIONS AND ORDINANCES 8.B TREASURER’S REPORT FOR THE QUARTER ENDING... was accepted.
RECONCILING ITEMS - Less: OUTSTANDING CHECKS (222,913.50) Plus: DEPOSITS IN TRANSIT 15,777.00 Plus: VOID CHECKS -... was discussed.
Final action was unclear for This approach was designed to reduce administrative burdens, provide greater funding stability, and minimize..., GENERAL PLAN FEE SPECIAL REVENUE 25,266.51 MEASURE W FUND 1,161,135.63 LOT ACQUISITION/DEVELOPMENT 1,419,743.42 CZI..., and Cash and investments were comprised of the following instruments as of December 31, 2025, shown with the carrying....
What matters to the public
CONSENT CALENDAR 8.A WAIVE READING OF RESOLUTIONS AND ORDINANCES 8.B TREASURER’S REPORT FOR THE QUARTER ENDING... mattered because it was one of the meeting's main substantive items.
This approach was designed to reduce administrative burdens, provide greater funding stability, and minimize... mattered because it was one of the meeting's main substantive items.
RECONCILING ITEMS - Less: OUTSTANDING CHECKS (222,913.50) Plus: DEPOSITS IN TRANSIT 15,777.00 Plus: VOID CHECKS -... mattered because it was one of the meeting's main substantive items.
GENERAL PLAN FEE SPECIAL REVENUE 25,266.51 MEASURE W FUND 1,161,135.63 LOT ACQUISITION/DEVELOPMENT 1,419,743.42 CZI... mattered because it affects how the city finances or advances a major public project.
Next steps
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Reconstructed agenda items • Rebuilt from agenda text because source-provided agenda items were unavailable.
0.96
GENERAL PLAN FEE SPECIAL REVENUE 25,266.51 MEASURE W FUND 1,161,135.63 LOT ACQUISITION/DEVELOPMENT 1,419,743.42 CZI GRANTS 27,834.44 OCC GRANT (161,539.88) JOB - DEBT SERVICE FD 6,893.89 GEN FD CAPITAL PROJECTS 3,388,006.09 DRAINAGE FUND
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ADJOURNMENTMENT 4: 1,271,028.38 LIBRARY CAPITAL 520,200.95 CARTER PARK CAPITAL 2,008.77 GENERAL LONG TERM DEBT - SEWER FUNDS 4,038,711.73 VEHICLE REPLACEMENT 140,317.56 FURN/FIXT & EQUIP FUND 857,060.28 RISK MANAGEMENT 3,573,349.03 RETIREMENT STABILIZATION 68,...
1
Cash and investments were comprised of the following instruments as of December 31, 2025, shown with the carrying amount, fair value, and corresponding yields on investment and interest earnings: Investment sectors as a % of total
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ADJOURNMENTMENT 4: portfolio Interim Administrative Services Director City Manager I certify that this reports all Government Agency pooled investments and is in conformity with the investment policy of the City of Half Moon Bay as stated in resolution number...
Public comment item
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10
B to the March 3, 2026 Regular City Council Meeting.
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RESOLUTIONS AND STAFF REPORTS 24
2
Investment maturities: Investments at December 31, 2025 mature as follows: City Treasury Fiscal Agents Total Available immediately 56,301,264 - 56,301,264 Maturities less than one year - - - Maturities of one to five years - - - Greater
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ADJOURNMENTMENT 4: than five years - - - Total 56,301,264 - 56,301,264
2019
A copy of this Resolution is available at the office of the City Clerk and on the cities website http://www.hmbcity.com.
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ADJOURNMENTMENT 4: The Investment Program provides sufficient cash flow liquidity to meet the estimated expenditures of the next six months, as required by Code Section
Public comment item
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2020
This action transfers the remaining balance to the General Fund and closes the fund.
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ADJOURNMENT: Total Non-General Fund Requests 7,100 GENERAL FUND FORECAST Forecasting is an essential budgeting tool that helps the City anticipate long-term fiscal challenges, evaluate financial sustainability, and inform decision-making. The City utilizes mul...
2021
The Coast House shelter, located at 230 Cabrillo Hwy South in Half Moon Bay, provides temporary housing and intensive on-site support services to help people experiencing homelessness transition to permanent housing.
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Original Funding: The program is intended primarily for adults experiencing homelessness, with priority given to individuals from Half Moon Bay and the broader Coastside area. The shelter is currently managed by Project WeHope and is staffed 24/7, providing co...
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2024
Community support and volunteer efforts were crucial in meeting the heightened demand, demonstrating strong local solidarity during the crisis.
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FY 2025-26: CoastPride -$6,667 Retaining clinical facilitators that oversee group sessions has been a challenge for CoastPride. Switching to a co-facilitated approach led by a clinical professional and a community volunteers, that receive transportation stipen...
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2025
FISCAL IMPACT: There is no fiscal impact with the acceptance of this report.
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ADJOURNMENTMENT 4: STRATEGIC ELEMENT: This recommendation supports the Fiscal Sustainability and Inclusive Governance Elements of the Strategic Plan. BACKGROUND: In accordance with Government Code Section 53600 et seq., the City’s Treasurer is to provide the C...
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2026
FISCAL IMPACT: There will be some fiscal impacts to comply with these new requirements, including adding translation services for the agenda and additional outreach.
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Original Funding: Staff are continuing to analyze the requirements to ensure compliance. STRATEGIC ELEMENT: This recommendation supports the Inclusive Governance Element of the City Council’s strategic plan. DISCUSSION: On October 3, 2025, Governor Gavin Newso...
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26
This approach was designed to reduce administrative burdens, provide greater funding stability, and minimize disruptions to multi-year strategies being developed through the cohort.
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FY 2025-26: The funded organizations deliver a broad range of essential safety net services, including childcare, mental and dental health care, substance use prevention and treatment, senior services, food assistance, housing stabilization, and homelessness r...
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3
Investments Sectors, as a percentage of total portfolio and also with investment performance comparisons: Demand Deposits and Money Market 13.41% Date Total Yield Interest Local Agency Investment Fund 15.58% 12/31/2023 53,700,238 3.09%
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ADJOURNMENTMENT 4: 388,012 San Mateo Co. Investment Pool 71.01% 12/30/2024 52,244,403 3.68% 460,473 Fiscal Agent 0 12/31/2025 56,808,533 3.39% 459,510 100.00% Date Date City of Half Moon Bay Treasurer's Report December 31, 2025 Investment performance compariso...
Public comment item
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3.109
HOPEFUL HORIZONS: EMPOWERING LIVES INITIATIVE San Mateo County, California, Code of Ordinances Created: 2026-02-23 08:11:12 [EST] (Supp.
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Original Funding: No. 47, Update 2) Page 1 of 5 Chapter
4
CLOSED SESSION 4A.
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PUBLIC COMMENT ON CLOSED SESSION ITEMS: CONFERENCE WITH LEGAL COUNSEL—EXISTING LITIGATION (Govt. Code section 54956.9(d)(1)) Name of case: City of Half Moon Bay
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Nonperishable food items; and
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Original Funding
5.0
June 2024 Forecast February 2026 Draft Forecast Millions Projected FY 2026-27 Deficit Outlook 33
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ADJOURNMENT: presented to the full City Council for review and policy direction. The goal of this process is to develop a balanced and sustainable budget aligned with service priorities, fiscal policies, and long-term financial stability. Staff will continue m...
53646
Investment maturities may not exceed five years with the exception of investments as specified in bond debt covenants.
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ADJOURNMENTMENT 4: Investment yield is ranked after safety and liquidity in making investment decisions. The City limits market risk by limiting the types and maturities of its investments and by not borrowing against those investments. 6 GENERAL FUND 19,034,0...
6
CITY MANAGER UPDATES TO COUNCIL 6.A FRENCHMAN’S CREEK PARK UPDATE Interim Public Works Director Seeley discussed updates to Frenchman’s Creek Park and Highway One North Safety and Operational Improvements Update.
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REPORT OUT FROM RECENT CLOSED SESSION MEETINGS: The following individuals addressed the City Council: 23 February 17, 2026 City Council Minutes Page 2 of 5 • Mike Ferrerira
RECONCILING ITEMS - Less: OUTSTANDING CHECKS (222,913.50) Plus: DEPOSITS IN TRANSIT 15,777.00 Plus: VOID CHECKS - BANK RECONCILIATION TOTAL 56,301,264.22 CITY OF HALF MOON BAY CASH AND INVESTMENTS REPORT FOR QUARTER ENDING 12/31/2025 7
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Recommendation: Accept the Financial Report for the quarter ended December 31,
ADJOURNMENTMENT 4: Page 1 of 2 BUSINESS OF THE COUNCIL OF THE CITY OF HALF MOON BAY AGENDA REPORT For meeting of: March 3, 2026 TO: Honorable Mayor and City Council VIA: Matthew Chidester, City Manager FROM: Kenneth Stiles, Interim Administrative Services Dire...
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8
CONSENT CALENDAR 8.A WAIVE READING OF RESOLUTIONS AND ORDINANCES 8.B TREASURER’S REPORT FOR THE QUARTER ENDING DECEMBER 31, 2025 Staff
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Recommendation: By motion, accept the Treasurer’s Report for the quarter ending December 31,
PUBLIC FORUM
9
ORDINANCES AND PUBLIC HEARINGS – None.
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STAFF REPORT ATTACHMENT 8.C FINANCIAL REPORT FOR THE QUARTER ENDED ON DECEMBER 31, 2025
Public comment item
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C
Eligible Subsidiary Body Options (Applicable Only to Purely Advisory Bodies) SB 707 provides an alternative teleconferencing option for an “eligible subsidiary body” that would allow all the members of the body to participate remotely
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Original Funding: during a meeting. 5 “Eligible subsidiary bodies” are defined as bodies that 1) serve exclusively in an advisory role; and 2) cannot take final action on legislation, regulations, contracts, licenses, permits, entitlements, grants, or fund all...
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D
Other Changes SB 707 makes a number of other general amendments to the Brown Act.
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Original Funding: The more significant amendments are summarized below: • Emergency Teleconferencing SB 707 expands the ability of a local agency to use teleconferencing during periods of proclaimed local emergencies.
M
Brown Act, effective January 1, 2026, and July 1,
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RESOLUTIONS AND STAFF REPORTS 10.A MID-YEAR OPERATING BUDGET REVIEW AND ADOPTION OF RESOLUTION TO AMEND THE FISCAL YEAR
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V
Granada CSD and Montara WSD, et al.
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PUBLIC COMMENT ON CLOSED SESSION ITEMS: Santa Clara Superior Court Civil No. 17CIV316927; Court of Appeal Case No. H049896
