Budget and Finance Committee meeting summary

25-0600-S129 City Administrative Officer report relative to the Second Financial Status Report for Fiscal Year 2025-26. Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: None submitted

25-0874-S2 City Administrative Officer report relative to the Fiscal Year 2025-26 Third Construction Projects Report. (This item is referred to the Budget and Finance Committee and Governmnent Operations Committee. The Government Operations Committee amended the item on December 3, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted.

25-1375 Los Angeles Department of Building and Safety report relative to a request for plumbing plan check application fees refund from Vermont NH Property LLC - Refund Claim No. 177625. Community Impact Statement: None submitted

25-0964 Motion (Lee – Yaroslavsky – McOsker – Nazarian) relative to instructing the City Administrative Officer to report on options to institute a new financial policy for contract spending that exceeds the amount authorized by Council. Community Impact Statement: None submitted

22-1545-S37 City Administrative Officer report relative to the Homelessness Emergency Account – General City Purposes Fund 32nd Status Report as of September 30, 2025. (This item is referred to the Budget and Finance Committee and Housing and Homelessness Committee. The Housing and Homelessness Committee amended the item on December 3, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: None submitted

25-1431 City Attorney report and draft Ordinance, and City Administrative Officer report and Authorizing Resolution relative to the issuance and sale of Proposition HHH General Obligation Bonds, Series 2026-A (Taxable) (Social Bonds), and adding a new Section 5.82.34 to the Los Angeles Administrative Code for the creation of the related special funds. Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted

25-1414 Office of Finance report relative to authorizing the execution of a subsidiary agreement with US Bank National Association for fuel and fleet commercial card services. Fiscal Impact Statement: Yes Community Impact Statement: None submitted TIME LIMIT FILE - JANUARY 31, 2026 (LAST DAY FOR COUNCIL ACTION - JANUARY 30, 2026)

25-1415 Office of Finance report relative to authorizing the execution of a Third Amendment to Agreement No. C-126137 with U.S. Bank for commercial card services. Fiscal Impact Statement: Yes Community Impact Statement: None submitted TIME LIMIT FILE - JANUARY 31, 2026 (LAST DAY FOR COUNCIL ACTION - JANUARY 30, 2026)

17-1125 City Attorney report and draft Ordinance relative to amending the Los Angeles Municipal Code to update the Shared Mobility Device Trip Fees paid to the Los Angeles Department of Transportation (LADOT), and LADOT and City Administrative Officer reports relative to the On-Demand Mobility Program Trip Fee update and methodology. (This Item is referred to the Budget and Finance Committee, Public Works Committee, and Transportation Committee. The Public Works Committee and Transportation Committee continued the item to a date to be determined on September 19, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: Yes. For: Downtown Los Angeles Neighborhood Council

25-1456 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Fortunato Barquero v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 24STCV07688. (This matter arises from a trip and fall incident on May 21, 2023, in the parking lot of the Griffith Park Travel Town Museum, located at 5200 Zoo Drive in Los Angeles, California.)

25-1447 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Roberto Lorenzana v. City of Los Angeles , Los Angeles Superior Court Case No. 23STCV18083. (This matter arises from a fall incident on November 30, 2022, at MacArthur Park in Los Angeles, California.)

25-1446 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Jonathan Peltz and Kathleen Gallagher v. City of Los Angeles, et al. , United States District Court Case No. 2:22-cv-03106-HDV-AGRx. (This matter arises from an incident involving members of the Los Angeles Police Department that occurred on March 25, 2021.)

25-1455 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Giancarlo Bermudez v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 22STCV05687. (This matter arises from a trip and fall incident on June 26, 2021, on an uplifted sidewalk located at 15752 Ararat Street, Sylmar, California.)

25-1453 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Rosario Rost v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23VECV00704. (This matter arises from a June 23, 2022, trip and fall incident that occurred near the intersection of Ventura Boulevard and Premiere Hills Drive, in Los Angeles.)

25-1451 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Kevin Horton v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23STCV30756. (This matter arises from a fall incident on December 13, 2022, near 151 South Avenue 58, Los Angeles, California.)

25-1450 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Sima Dayani v. Granstoly, LLC, et al ., Los Angeles Superior Court Case No. 22STCV24989. (This matter arises from a trip and fall incident on December 9, 2021, on the sidewalk located at 2125 Stoner Avenue, in Los Angeles.)

25-1452 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Rebecca Fortschneider v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23SMCV02362. (This matter arises from a trip and fall incident on June 11, 2022, on the south sidewalk of Wilshire Boulevard, near its intersection with Barrington Avenue.)

25-1449 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Sonja Patterson v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 22STCV33048. (This matter arises from a trip and fall incident on November 5, 2021, on an uplifted sidewalk located on the Clyde Avenue side of 5700 Bowcroft Street, in Los Angeles.)

25-1448 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Miguel Diaz v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23STCV21675. (This matter arises from a trip and fall incident on February 23, 2023, on the sidewalk located at 1744 West 65th Street, in the City of Los Angeles.)

25-1445 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Gennifer Lynne Wecker v. City of Los Angeles , Los Angeles Superior Court Case No. 21STCV01163. (This matter arises from a fall incident on March 23, 2020, near 3444 Beethoven Street, in Los Angeles.)

25-1443 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Juan Manuel Argomaniz, et al. v. City of Los Angeles , Los Angeles Superior Court Case No. 23STCV14662. (This matter arises from the June 30, 2021, incident in which the Los Angeles Police Department Bomb Squad detonated explosive material.)

25-1444 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Linda Gonzalez v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23VECV05189. (This matter arises from a vehicle versus vehicle incident on April 29, 2022, that occurred at the intersection of Califa Street and Canoga Avenue, in Woodland Hills.)