HomeMy WebLinkAbout08-18-2026 Finance and Investment Committee Meeting Minutes
August 18, 2026 Finance and Investment Committee Regular Meeting Minutes
MINUTES OF THE
FINANCE AND INVESTMENT COMMITTEE
REGULAR MEETING
Tuesday, August 18, 2026 – 5:30 p.m.
A regular meeting of the Finance and Investment Committee was held on Tuesday, August
18, 2026, at the Civic Center, located at 100 Civic Plaza, Dublin, CA 94568. The meeting
was called to order at 5:30 p.m.
1. CALL TO ORDER AND PLEDGE OF ALLEGIANCE
PRESENT: Councilmember Kashef Qaadri and Councilmember Michael McCorriston
ABSENT: None
2. PUBLIC COMMENT
None.
3. ACTION ITEMS
3.1 Approval of the April 7, 2026 Regular Finance and Investment Committee
Meeting Minutes
ACTION: By consensus, the Committee approved the minutes of the Regular Meeting of
April 7, 2026.
4. REPORTS
4.1 Fund Balance and Reserves Policy Update
Finance Director Jay Baksa presented a summary report on the City’s Fund Balance and
Reserves Policy. The report included recommendations to simplify the structure of the
Policy, and to align annual funding recommendations by the City Manager on current
financial conditions, strategic priorities, and long-term planning objectives. The
Committee discussed and agreed with the recommendations.
5. REQUEST FOR FUTURE MEETING AGENDA ITEMS
None.
COMMITTEE MEMBERS
Kashef Qaadri, Councilmember
Docusign Envelope ID: 0C477853-D0D5-8E84-82CF-3A82FF5F9B2F
August 18, 2026 Finance and Investment Committee Regular Meeting Minutes
6. ADJOURNMENT
The meeting was adjourned at 5:59 p.m.
Minutes prepared by Tony Lam, Senior Office Assistant
____________________________________
Councilmember Qaadri
ATTEST: ____________________________________
Finance Director
Docusign Envelope ID: 0C477853-D0D5-8E84-82CF-3A82FF5F9B2F