Briefing
Finance Committee forwards SVTVB lease recommendation; receives FY 2025-26 mid-year budget report — March 17, 2026
Meeting held at Salinas Rotunda at 2:00 PM. Two members present (Mayor Dennis Donohue and Councilmember D'Arrigo); Councilmember De La Rosa absent. Consent minutes (Feb 17, 2026) approved. Committee approved forwarding the Salinas Valley Tourism & Visitors Bureau lease and operating agreement recommendation to City Council; SVTVB requested an additional $200,000 in funding and a 10-year term. Finance Director presented the FY 2025-26 Mid‑Year Budget Review (economic update, General Fund status, selected capital projects, fund balance and recommended budget adjustments); report received, no action required. No public comment. Meeting adjourned at 2:42 PM.
1 min readMunicipal coverage