Finance Committee Regular Meeting
The Finance Committee discussed three main items: amending the Fiscal Year 2027 Capital Improvement Program budget, authorizing an agreement with the Los Angeles County Department of Public Works for shared street improvements, and approving amendments to the Fiscal Year 2027 adopted operating budget. The CIP amendments included funding reallocations and appropriations for various street, building, and safety projects. The agreement with Los Angeles County facilitates joint street resurfacing and ADA improvements along shared boundaries. The operating budget amendments addressed the carry-forward of FY 2026 funds, specific departmental funding requests for housing, fire services, and public health, and the addition of 2.0 permanent positions for a development services concierge program.