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Home My WebLink About01-13-2026 FIC Regular Meeting Agenda Packet January 13, 2026 Dublin Finance and Investment Committee Agenda 1 COMMITTEE MEMBERS Kashef Qaadri, Councilmember Michael McCorriston, Councilmember Regular Meeting of the CALL TO ORDER AND PLEDGE OF ALLEGIANCE 2. PUBLIC COMMENT 3. ACTION ITEMS 3.1 The Committee will consider approval of the minutes of the November 4, 2025 Finance and Investment Committee Meeting. Approve the minutes of the November 4, 2025 Finance and Investment Committee Meeting. November 4, 2025 Finance and Investment Committee Meeting Minutes The Finance and Investment Committee will receive a report outlining the proposed 2026 meeting schedule, along with an overview of the financial matters anticipated to be considered by the Committee throughout the year. Receive the report, discuss, and approve the 2026 Finance and Investment Committee Meeting Schedule. Staff Report Attachment 1 - Proposed 2026 Finance and Investment Committee Meeting Schedule and Work Plan REPORTS - None 5. REQUEST FOR FUTURE MEETING AGENDA ITEMS The Committee and/or City Staff will present items to be discussed at future meetings. ADJOURNMENT 1 January 13, 2026 Dublin Finance and Investment Committee Agenda 2 This AGENDA is posted in accordance with Government Code Section 54954.2(a) If requested, pursuant to Government Code Section 54953.2, this agenda shall be made available in appropriate alternative formats to persons with a disability, as required by Section 202 of the Americans with Disabilities Act of 1990 (42 U.S.C. Section 12132) (ADA), and the federal rules and regulations adopted in implementation thereof. To make a request for disability-related modification or accommodation, please contact the City Clerk’s Office (925) 833-6650 at least 72 hours in advance of the meeting. Upon receiving a request, the City will swiftly resolve requests for reasonable accommodation for individuals with disabilities, consistent with the federal ADA, and resolve any doubt in favor of accessibility. Agenda materials that become available within 72 hours in advance of the meeting, and after publishing of the agenda, will be available at Civic Center, 100 Civic Plaza, and will be posted on the City’s website at www.dublin.ca.gov/ccmeetings. Mission The City of Dublin promotes and supports a high quality of life, ensures a safe, secure, and sustainable environment, fosters new opportunities, and champions a culture of equity, diversity, and inclusion. 2 Tuesday, November 4, 2025 Finance and Investment Committee Minutes 1 MINUTES OF THE FINANCE AND INVESTMENT COMMITTEE REGULAR MEETING Tuesday, November 4, 2025 – 5:30 p.m. A regular meeting of the Finance and Investment Committee was held on Tuesday, November 4, 2025, at the Civic Center. The meeting was called to order at 5:30 p.m. 1. CALL TO ORDER AND PLEDGE OF ALLEGIANCE PRESENT: Vice Mayor Kashef Qaadri and Councilmember Michael McCorriston ABSENT: None 2. PUBLIC COMMENT None. 3. ACTION ITEMS 3.1 Approval of the August 8, 2025 Special Finance and Investment Committee Meeting Minutes ACTION: By consensus, the Committee approved the minutes of the Special Meeting of August 8, 2025. 4. REPORTS 4.1 Presentation on the City of Dublin’s Investment Report Through Quarter Ending September 30, 2025 The Committee received a presentation from Bill Dennehy, Co-Chief Investment Officer at Chandler Asset Management Inc., providing an overview of the current economic outlook and the performance of the City’s investment portfolio during the quarter ending September 30, 2025. 5. REQUEST FOR FUTURE MEETING AGENDA ITEMS The Committee requested Staff to bring the Fund Balance Policy, Mid-Year Budget, and annual budget items back to the committee before those items are presented to the City Council. The Committee also recommended consolidating the Audit Committee into the Finance and Investment Committee. 6. ADJOURNMENT The meeting was adjourned at 6:23 p.m. Minutes prepared by Christopher Rhoades, Financial Analyst. COMMITTEE MEMBERS Kashef Qaadri, Vice Mayor Michael McCorriston, Councilmember Agenda Item 3.1 3 Tuesday, November 4, 2025 Finance and Investment Committee Minutes 2 ____________________________________ Vice Mayor ATTEST: ____________________________________ Finance Director 4 STAFF REPORT Finance and Investment Committee Page 1 of 2 Agenda Item 3.2 DATE: January 13, 2026 TO: Honorable Committee Members FROM: Hazel Wetherford, Deputy City Manager SUBJECT: 2026 Finance and Investment Committee Meeting Schedule and Work Plan Prepared by: Jay Baksa, Finance Director EXECUTIVE SUMMARY: The Finance and Investment Committee will receive a report outlining the proposed 2026 meeting schedule and anticipated work plan, including an overview of the financial matters expected to be considered by the Committee throughout the year. STAFF RECOMMENDATION: Receive the report, discuss, and approve the 2026 Finance and Investment Committee Meeting Schedule and Work Plan. FINANCIAL IMPACT: None DESCRIPTION: Background On October 15, 2024 by Resolution No. 120 -24, the Dublin City Council established the Finance and Investment Committee (FIC) to serve in an advisory capacity on matters related to the City’s investment policy and portfolio, the City budget, long-term financial planning, funding strategies for complex projects, and other specialized finance -related topics. The FIC began operating in early 2025 and established a schedule of quarterly meetings. At the November 4, 2025 FIC meeting, Committee members requested that additional financial matters be brought forward for consideration. These items included review of the City’s Fund Balance Policy, Preliminary Budget, Mid-Year Budget Update, and other recurring budget- related topics. In addition, the Committee recommended that review of the City’s annual auditor report, which has historically been conducted by a separately established Audit Subcommittee, be transitioned to the FIC. 5 Page 2 of 2 On November 18, 2025, the City Council discussed the future role of the FIC. Following a presentation and discussion, the City Council approved Staff’s recommendation that the Committee conduct the initial discussion and review of more complex financial matters prior to consideration by the full City Council. These matters include budget review and forecasting, special project financing, financial policies, and bond issuance. The City Council also agreed that the FIC will serve as the Audit Ad Hoc Committee beginning in 2026. Based on City Council and Committee direction, Staff recommends that the FIC consider the following matters in 2026:  Investment Reports and Annual Investment Policy  Annual Comprehensive Financial Report (ACFR) Audit Review  Budget Reviews, including the Preliminary Budget and Mid-Year Budget, prior to City Council consideration  Financial Policy Review, beginning with the City’s Fund Balance Policy  Bond Issuance Review, as Staff anticipates bonds will be issued for the Francis Ranch and Dublin Centre Community Facilities Districts within the next 12 months Due to increased workload, Staff recommends transitioning the FIC to a monthly meeting schedule, with meetings held in conjunction with the first City Council meeting of each month. Staff further recommends that Committee members review the proposed meeting schedule (Attachment 1) to identify any conflicts, with adjustments made as needed. S pecial meetings may be called if additional discussion is required, and meetings may be cancelled if no agenda items are scheduled. ATTACHMENTS: 1) Proposed 2026 Finance and Investment Committee Meeting Schedule and Work Plan 6 Attachment 1 Proposed 2026 Finance and Investment Committee Meeting Schedule and Work Plan1 Date Time Topics January 13, 2026 5:30 pm  Committee Meeting Schedule February 3, 2026 5:30 pm  Investment Portfolio Review  Mid-Year Review March 3, 2026 5:30 pm  To be determined April 7, 2026 5:30 pm  Preliminary Budget Review May 5, 2026 5:30 pm  Investment Portfolio Review June 2, 20262 4:30 pm  Fund Balance Policy Review July 21, 20263 5:30 pm  To be determined August 18, 20263 5:30 pm  Investment Portfolio Review September 1, 2026 5:30 pm  Annual Economic, Social, Governance Report  Annual Investment Policy Review October 6, 2026 5:30 pm  To be determined November 3, 20262 4:30 pm  Investment Portfolio Review December 1, 2026 5:30 pm  Annual Audit Review 1This schedule is subject to change. 2City Council meeting starts at 5:30 p.m. so the Committee time was adjusted accordingly. 3The City Council only has one scheduled meeting in July and August. To Be Scheduled  Community Facility District Bonds would be scheduled based on development project timelines. 7