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Finance and Management Committee · May 26, 2026

Tuesday1 h 04 min3 officials identified7 public speakers8 agenda itemsRoll call: 4 present (clerk)Video: KTOP

The longest item after routine business: Fiscal Year (FY) 2025-26 Third Quarter (Q3) Revenue And Expenditures (R&E) Report, 50 min of this 1 h 04 min meeting.

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15 of 16 meetings transcribed, Oct 24, 2025 to Oct 20, 2026.This meeting: May 26, 2026
0:00:001:04:27

Click any time stamp on this page to jump the video there.

Agenda · 8 itemsShowHide
  1. 1:12Roll Call / Call To Orderunder 1 min · Routine business
  2. 2:071 26-0663 Approval Of The Draft Minutes From The Committee Meeting May 12, 2026under 1 min · Routine business
  3. 2:442 26-0664 Determination Of Schedule Of Outstanding Committee Itemsunder 1 min · Routine business
  4. 3:22Fiscal Year (FY) 2025-26 Third Quarter (Q3) Revenue And Expenditures (R&E) Report50 min · Budget and spending · 2 clips
  5. 53:34City Of Oakland Investment Policy For FY 2026-272 min · Budget and spending
  6. 56:32Cash Management Report For FY 2025-2026 Third Quarter Ended March 31, 20267 min · Budget and spending
  7. 1:04:13Open Forumunder 1 min · General public comment
  8. 1:04:14Adjournmentunder 1 min · Routine business

What happened

Each sentence checked against the transcript.

  1. A motion was announced to approve the draft minutes of the May 12th, 2026 committee meeting, and the result was announced as “Item 1 passes with 4 ayes.”2:24
  2. The committee took up item 3, an informational report on fiscal year 2025-26 3rd quarter revenues and expenditures results and year-end estimates for the general purpose fund and select funds.3:08

Quotes

Officials only, in order.

There is $53 million, which you said is the operating deficit, but there’s also the $6.3 million figure, and then there’s the positive ending fund balance. So how do we have a negative operating deficit but a positive ending balance?Janani Ramachandran · City councilmember · District 418:30
…we get written justifications, uh, going forward from these reports on why certain departments went over budget and why also the budget had, had to come from the general fund?Charlene Wang · Councilmember · District 225:52
My understanding is that with this report, we know where that stands. I’ve seen a lot of reporting out there, I should say faux reporting, saying that the raises have already been awarded, that they will already eat up some portion of Measure E should it pass.Zac Unger · Councilmember30:37

Who spoke

3 officials identified · talk time, most first.

Roll call: 4 present, 0 excused, 0 absent. From the clerkPublic comment: 7 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, “Finance and Management Committee, May 26, 2026: Oakland.” https://cities.myhamlet.com/oakland/finance/meetings/2026-05-26. Data as of Oct 9, 2026 (version d14b03c); meeting of May 26, 2026.