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The Finance Committee met January 26, 2026 (4:30–5:41 PM). Attendance: Chair Clark Gilman and Committee members Kelly Green and Robert Vanderpool. The agenda was approved; public comment was none. Minutes from November 19, 2025 were postponed. Senior Budget and Finance Manager Joan Lutz presented a “Color of Money” budget snapshot on restricted funds (information received). The Committee forwarded the 2026 Finance Committee Workplan to the City Council and requested early year-end projections and an update on new revenue sources. The Committee recommended renewing the investment contract with Government Portfolio Advisors. Discussion included capital maintenance funding, General Fund subfunds, the OMPD ILA for Parks funding, tax reform bills in the Legislature, and incorporating Priority Based Budgeting into the annual process.
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