LA Metro Finance, Budget and Audit Committee · Feb 19, 2026
Thursday35 min2 officials identified3 public speakers8 agenda itemsVideo: Granicus
The longest item after routine business: Katy Yaroslavsky was called to speakHolly J. Mitchell was called to speakLindsey Horvath was called to speakTim Sandoval was called to speakPublic Speaker…, 16 min of this 35 min meeting.
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Agenda · 8 itemsShowHide
- 0:35Roll Call: 6 members present, 1 members absent, 0 members excused.
- 2:36APPROVE Consent Calendar Items: 11 and 12. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action.
- 3:12Motion to Approve APPROVE Consent Calendar Items: 11 and 12. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action. Moved by 0, no second required.
- 3:18Vote to Approve APPROVE Consent Calendar Items: 11 and 12. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action. (Approved)
- 3:21FISCAL YEAR 2027 BUDGET DEVELOPMENT PROCESS: RESOURCES AND PARAMETERS RECEIVE AND FILE the Fiscal Year 2027 (FY27) Budget Development Process: Resources and Parameters.
- 11:20Katy Yaroslavsky was called to speakHolly J. Mitchell was called to speakLindsey Horvath was called to speakTim Sandoval was called to speakPublic Speaker was called to speak
- 27:25ACCESS SERVICES - SEMI-ANNUAL UPDATE RECEIVE AND FILE status report on Access Services - ADA Paratransit.
- 32:00GENERAL PUBLIC COMMENT RECEIVE General Public Comment
What happened
Each sentence checked against the transcript.
- The committee took up the consent calendar and no board member pulled an item; no one made public comment on it.2:35
- Item 13, the fiscal year 2027 budget development process, resources, and parameters, was presented as a receive and file monthly budget update focused on FY27 resource projections.3:16
- Staff projected sales tax revenues to increase 1.8% to about $4.9 billion, with identified FY27 revenues of $5.53 billion, a 1.4% increase.4:23
- Item 14, a receive and file semiannual update on Access Services, was presented by Metro staff and the Access Services executive director.27:44
Who spoke
2 officials identified · talk time, most first.
- Katy Young YaroslavskyVice chair · District 5 · 2.9 minFirst speaks at 11:23
- Tim SandovalChair · 2.2 min
Public comment: 3 speakers.
How we count
Each summary sentence is checked against the transcript before it is published; in a blind check, 98 of 100 sentences were right. A voice gets an official’s name only when two AI readers and a code check agree, so the minutes undercount and are not attendance. Officials only: members of the public are counted, never named, shown or quoted, and full transcripts aren’t published because they can carry their names. More on how we know
Cite this page
Hamlet, “LA Metro Finance, Budget and Audit Committee, Feb 19, 2026: Los Angeles.” https://cities.myhamlet.com/la/metro-finance-budget-audit/meetings/2026-02-19. Data as of Oct 9, 2026 (version d14b03c); meeting of Feb 19, 2026.