City of Pasadena Deferred Compensation Trust Administration Committee Committee Meeting
The committee meeting covered several key items, including a performance report from the Fiduciary Consulting Group, discussions on the 'On Watch' fund list, and status updates regarding the implementation of Large Cap Value fund changes and Invesco Global Fund transfers. The committee reviewed the annual plan budget, discussed amendments for Target Date Fund discretionary services, and received information on the Empower Plan Review Report, including auto-deferral increase feature implementations and legal/regulatory updates.
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The committee meeting addressed several financial and operational items. Key topics included the authorization to execute grant-related documents for the Edward Byrne Memorial Justice Assistance Grant Program to fund Unmanned Aircraft Systems training and certification, and the acceptance of an L.A. Care Health Plan grant to implement an Infant and Early Childhood Mental Health Program, including the creation of a limited-term position. Additionally, the committee reviewed a comprehensive informational report regarding citywide grant activity as of June 30, 2026, detailing active grant awards, applications, and department-specific accomplishments.
Oct 13, 2026·Board meeting agenda packet
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.
Sep 15, 2026·Board meeting agenda packet
Finance Committee of the City of Pasadena Special Meeting
The Finance Committee discussed the authorization of agreements to accept Federal Community Project Funding and a sub-recipient agreement with Pasadena City College for a new job creation and training facility, along with associated budget amendments. The committee also considered a contract for the Workforce Innovation Opportunity Act program, involving budget adjustments and the authorization of new staff positions. Finally, the quarterly investment report for the period ending June 30, 2026, was reviewed, and the committee considered establishing a new day and time for regular meetings.
