Financial CommissionLos Altos
File quarterly investment portfolio report
Commission will receive and file the Investment Portfolio Report for the quarter ending June 30, 2026.
Info onlyComment period has passedSep 21Budget & Taxes
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Public spending, fees, taxes, bonds, contracts, and the tradeoffs behind public money.
Commission will receive and file the Investment Portfolio Report for the quarter ending June 30, 2026.
The committee will receive reports on competitive grant applications from four departments for FY 2025‑2026.
The council will review fiscal and administrative information provided by the Social Services Agency.
Property taxes are levied at a combined rate of $1.18162182 per $100 of assessed value for multiple districts for FY 2026‑2027.
What's happening
Why it matters
The rate funds city services and schools, while tenant pass‑through ensures renters share a fair portion of the tax burden.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The committee passed an amendment setting the property tax rate at $1.18162182 per $100 of assessed value and establishing residential tenant pass‑through rates for FY 2026‑2027.
Decided Sep 16, 2026.
The Office of the City Attorney may accept and spend a $200,000 grant from the San Francisco Foundation.
What's happening
Why it matters
It strengthens the city’s ability to pursue equity‑focused legal actions and support community advocacy.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The board voted to recommend that the Office of the City Attorney accept and expend a $200,000 grant from the San Francisco Foundation for affirmative litigation outreach and coordination.
Decided Sep 16, 2026.
The Human Rights Commission is authorized to amend the grant with Community United Against Violence to increase funding by $100,000, for a total not to exceed $300,000.
What's happening
Why it matters
It provides additional resources for CUAV to serve LGBTQI+ and other communities, enhancing safety and outreach programs.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The board voted to recommend increasing the LGBTQI+ grant for Community United Against Violence to $300,000 and extending its term through June 30, 2025.
Decided Sep 16, 2026.
The Human Rights Commission is authorized to amend the grant with TransCanWork to increase funding by $150,000, for a total not to exceed $450,000.
What's happening
Why it matters
It expands resources for LGBTQI+ services provided by Parivar Bay Area, helping marginalized communities.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The committee passed an amendment to increase the LGBTQI+ grant for Parivar Bay Area to a total of $450,000 and extend its term through June 30, 2025.
Decided Sep 16, 2026.
The board received a progress update on the FY2025-2026 Audited Annual Financial Report.
The council will accept and file the cash treasury report for July 2026.
The board will accept the cash disbursement report required by California Health and Safety Code Section 6794.
Council will adopt a resolution to pay up to $162,995 to the San Mateo County Community College District for FY 2026‑27.
The council will consider a resolution to change the city’s salary schedule starting Sept. 20, 2026.
What's happening
Why it matters
Changing the salary schedule will affect pay for city workers and the city’s payroll costs.
Who is affected
How to act
Attend: In person at City Council Chambers or via Zoom (ID 832 1285 7140)
Email: city.council@menlopark.gov
Submit comment: Submit written comment online up to one hour before the meeting start time (5:30 p.m.)
Decision update
The item “Amend city salary schedule effective Sept. 20, 2026” passed (4–0–1).
Decided Sep 15, 2026.
The Board de‑appropriated $43,505,000 from the 2025G health bond and re‑appropriated $83,475,000 from the 2026B health bond to the Department of Public Health and the Recreation and Park Department for FY 2026‑2027.
What's happening
Why it matters
The funds provide needed resources for public health services and park improvements in the city.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting at City Hall, Room 250, or join remotely as instructed.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Allocate $83,475,000 Health and Park Bond Proceeds” passed.
Decided Sep 15, 2026.
The board adopted a resolution authorizing the issuance and sale of up to $47,464,550 of taxable GO bonds for affordable housing preservation and seismic safety.
What's happening
Why it matters
The funds will preserve at‑risk affordable housing units and improve their seismic safety, protecting residents and extending building life.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Vote on $47,464,550 Affordable Housing Preservation Bonds (Series 2026F)” was adopted.
Decided Sep 15, 2026.
The Board appropriated $138,000,000 of earthquake safety bond proceeds to the Department of Public Works for FY 2026‑2027.
What's happening
Why it matters
The money will fund public‑works projects that strengthen the city’s resilience to earthquakes.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting at City Hall, Room 250, or join remotely as instructed.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Allocate $138,000,000 Earthquake Safety Bond Proceeds to Public Works” passed.
Decided Sep 15, 2026.
The Board adopted a resolution authorizing the issuance and sale of up to $83,475,000 in general obligation bonds for health and recovery.
What's happening
Why it matters
The financing supports public health programs and recovery services for city residents.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting at City Hall, Room 250, or join remotely as instructed.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Adopt $83,475,000 Health and Recovery Bond Issuance” was adopted.
Decided Sep 15, 2026.
The Board adopted a resolution authorizing the issuance and sale of up to $138,000,000 in general obligation bonds for earthquake safety and emergency response.
What's happening
Why it matters
The financing enables upgrades to infrastructure that improve safety during earthquakes and emergencies.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting at City Hall, Room 250, or join remotely as instructed.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Adopt $138,000,000 Earthquake Safety Bond Issuance” was adopted.
Decided Sep 15, 2026.
The ordinance appropriates $43,000,000 of Open Space Fund Certificate proceeds to the Recreation and Park Department for FY 2026‑2027.
What's happening
Why it matters
It secures dedicated funding for park and recreation projects, ensuring resources are available when the financing is received.
Who is affected
How to act
Attend: Remote comment is allowed at the full Board meeting; see City Hall or sf.gov for details.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Ordinance appropriating $43 M Open Space funds for parks” passed.
Decided Sep 15, 2026.
The board adopted a resolution authorizing the issuance and sale of up to $47,000,000 in tax‑exempt or taxable general obligation bonds for affordable housing.
What's happening
Why it matters
The bonds provide financing to create or preserve affordable housing for low‑income residents in San Francisco.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting at City Hall, Room 250.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Vote on $47M Affordable Housing Social Bonds (Series 2026E)” was adopted.
Decided Sep 15, 2026.
The City approved the issuance and sale of up to $43,000,000 in tax‑exempt or taxable Certificates of Participation.
What's happening
Why it matters
It provides new financing for open‑space improvements, helping maintain parks and green infrastructure for the community.
Who is affected
How to act
Attend: Remote comment is allowed at the full Board meeting; see City Hall or sf.gov for details.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Ordinance authorizing $43 M Open Space Certificates of Participation” passed.
Decided Sep 15, 2026.
The Board adopted a resolution to settle the claim filed by Pacific Gas and Electric Company.
What's happening
Why it matters
The city will pay $62,500 to close the liability, using public funds that affect taxpayers.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting in Legislative Chamber, Room 250, or join remotely.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Settlement of Pacific Gas & Electric claim – $62,500” was adopted.
Decided Sep 15, 2026.
The Board adopted a resolution approving settlement of the claim filed by Aaron Stone.
What's happening
Why it matters
Paying $100,000 resolves an alleged civil‑rights violation and avoids further litigation costs.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Settlement of Aaron Stone claim for $100,000” was adopted.
Decided Sep 15, 2026.
The Board passed an ordinance authorizing settlement of the lawsuit filed by Christiana Porter.
What's happening
Why it matters
Paying $825,000 resolves a civil‑rights claim and prevents further legal expenses for the city.
Who is affected
How to act
Attend: Not listed in the source document.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Settlement of Christiana Porter lawsuit for $825,000” passed.
Decided Sep 15, 2026.
The Board adopted a resolution to settle the claim filed by Lai Ling Chin.
What's happening
Why it matters
The city will pay $75,000 to close the liability, using public funds that affect taxpayers.
Who is affected
How to act
Attend: Attend the Board of Supervisors meeting in Legislative Chamber, Room 250, or join remotely.
Email: Not listed in the source document.
Submit comment: Not listed in the source document.
Decision update
The item “Settlement of Lai Ling Chin claim – $75,000” was adopted.
Decided Sep 15, 2026.