Finance Director Report
Finance Director will provide a staff report.
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Public spending, fees, taxes, bonds, contracts, and the tradeoffs behind public money.
Finance Director will provide a staff report.
Finance staff reported on audit preparation schedule.
The committee will discuss workplan and council priorities for 2027‑2028 on November 7, 2026.
Council will authorize the History Committee to use town media for the Fall 2026 presentation “The Anza Expedition – 250th Anniversary.”
The Council will adopt a new policy and procedure for the town purchasing process.
The Council will authorize the issuance of a request for proposals for city attorney legal services.
The Council will authorize the City Manager to execute standing purchase orders for FY 2026-27 not exceeding $9,219,847.
Council will authorize funding for the History Committee’s fall presentation “The Anza Expedition – 250th Anniversary.”
The Council will accept the FY26 Pavement Rehabilitation and Drainage Improvement Project as complete.
The Council will authorize the City Manager to use standing purchase orders for FY 2026‑27 up to $9,219,847.
The Council will adopt a new policy and procedure governing town purchases.
What's happening
Why it matters
It sets clear rules for how the town buys goods and services, promoting transparency and fiscal responsibility.
Who is affected
How to act
Attend: In person at City Council Chambers, 26379 Fremont Road, Los Altos Hills, CA or via Zoom at https://bit.ly/LAHRegularCityCouncilMtg (Meeting ID: 880 1278 9215, Password: 94022).
Email: citycouncil@losaltoshills.ca.gov
Submit comment: Complete a speaker card and submit to the City Clerk at the meeting, or email comments with subject “FOR PUBLIC COMMENT” indicating the item number before the meeting starts.
Decision update
The City Council approved the resolution adopting the Town Purchasing Policy and Procedure.
Decided Aug 20, 2026.
The Council will authorize the History Committee to use town media.
Council will authorize the City Manager to execute standing purchase orders for FY 2026‑27 not to exceed $9,219,847.
The Council will vote to authorize the City Manager to pay $61,776 to the Santa Clara County Sheriff for additional law enforcement services received in FY 25-26.
Council will vote to approve a $61,776 payment to the Santa Clara County Office of the Sheriff for additional law enforcement services received in FY 25-26.
Council will vote to authorize the City Manager to submit a $61,776 payment to the Santa Clara County Sheriff for additional law enforcement services received in FY 25-26.
The council will vote to approve a $61,776 payment to the Santa Clara County Sheriff for extra law‑enforcement services received in FY 25‑26.
Committee will hear a brief update on emergency communications.
The Finance and Investment Committee meeting set for August 3, 2026 at 4:00 PM has been cancelled.
The committee will review the implementation of the final development and engineering fee as directed by the Council.
What's happening
Why it matters
The fee impacts developers and property owners, influencing town revenue for infrastructure projects.
Who is affected
How to act
Attend: In person at Council Chambers Conference Room, Town Hall, 26379 Fremont Road, Los Altos Hills, CA 94022 or via Zoom at https://us02web.zoom.us/j/81670932502?pwd=gQ5usZZ6xCa48YR6APYmnijzo8bj2A.1
Email: Not listed in the source document.
Submit comment: Raise your virtual hand during the meeting to be recognized by the Chair.
Decision update
The Council directed staff to implement the fee schedule changes, including 90% cost recovery for planning, engineering and building fees, 80% cost recovery for ADUs and certain small projects, no fee for seismic gas shutoff valves, and to reduce hourly blended rates to 90% (80% for ADUs) while keeping separate rates by project type. The Council also requested the schedule be presented in three separate tables and the final revised schedule be sent to the Finance and Investment Committee.
Decided Jul 27, 2026.
The committee will hear a performance review of investments for the quarter ending June 30, 2026.
Finance Director Leung will provide a quarterly report covering project reimbursements, uncollectable receivables, accounting software work plan, audit preparation, OPEB valuation, and investment updates.
Finance Director Leung provided updates on excessive building fees and related reimbursements.
Committee will review the updated Draft FY’27 Budget presented by Finance Director Leung.