Finance Committee Meeting of the Board of Trustees

May 5, 2025  - 5:30 PM

A PDF of the meeting agenda/packet can be found at the end of this page.

Click here to learn how to observe and participate in the committee meeting.

Agenda

1.    Call to Order

2.    Roll Call

• Ron Collins (Chair), City of San Carlos
• Muhammad Baluom, City of Millbrae
• Ray Williams, Town of Portola Valley
• Robert Riechel, City of San Bruno
• Michael Yoshida, City of South San Francisco
• Mason Brutschy, Town of Atherton
• Kati Martin, City of Half Moon Bay

3.    Public Comments and Announcements

This time is reserved for public members to address the Finance Committee of the Board relative to matters of the Committee not on the agenda. No action may be taken on non-agenda items unless authorized by law. Comments will be limited to three minutes per person (or six minutes where a translator is used).

4.    Regular Agenda

A.   review of The preliminary Engineer's Report for FY 25-26

• Report by: Brian Weber, District Manager and John Bliss, SCI
• ACTION: Recommend forwarding to the Board of Trustees for approval of report and associated resolutions.

B.    Status of the Construction Project at 1415 North Carolan Ave

• Report by: District Manager, Brian Weber
• ACTION: No action necessary, informational only
• Note: Please see the revised staff report on North Carolan (Agenda Item 4B) below (as PDF). The main difference from the original staff report is that budget spent for Phase 2 (construction plans) should have been $439,554 and total budget spent since property purchase should be $596,805.

C. Review of the Preliminary Financial Report for FY 2024-25 as of March 31, 2025

• Report by: Finance Director, Richard Arrow, CPA
• ACTION: Recommend the Board approve the Financial Report for FY 2024-25 as of March 31, 2025 

D. Report on the Ad Hoc Staff Negotiation Committee of the Board

• Report by: Brian Weber, District Manager
• ACTION: Recommend the Board approve the Staff Negotiation Committee report to the Board of Trustees

E. Review of the 5th contract amendment providing Finance Director services for Richard Arrow, CPA commending on July 1, 2025

• Report by: Richard Arrow, CPA and Brian Weber, District Manager
• ACTION: Recommend forwarding to the Board of Trustees for approval.

F. Introducing and review of the FY 25-26 Preliminary District Budget

• Report by: Richard Arrow, Finance Director and Brian Weber, District Manager
• ACTION: Recommend forwarding to the Board of Trustees for approval.