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The Finance Advisory and Audit Committee met April 20, 2026. Members approved the agenda and March 2 minutes and moved to amend Sec. 2-273 to change the FAAC duty language to “Review and Provide guidance on the annual budget, audit reports and other financial reports and matters.” Staff presented the September 30, 2025 Police & Fire pension actuarial valuation. Members discussed preparing an annual FAAC report to Council. Staff delivered reports including pooled cash/investment overview, the monthly economic report, the FY26 Q2 cash balance narrative, and the 2021–2025 Financial Trend Manual. The next FAAC meeting was rescheduled from May 18 to May 11, 2026.
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