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At the City of Olympia Finance Committee special meeting on February 23, 2026, committee members approved minutes from November 19, 2025 and January 26, 2026; discussed Olympia Fire Department capital repair, replacement, and vehicle replacement timing; reviewed quarterly budget report items (including jail costs, court contract costs, public safety overtime, worker's compensation claims, sales tax performance, B&O collections, Basic Life Support reimbursement, and building permit fees); and approved forwarding the draft City Investment Policy update (including a new ethical investment statement and a proposed increase in portfolio weighted average maturity from 2.0 to 2.5 years) to the full City Council. Finance staff also reported on a Department of Revenue sales tax audit. The meeting was called to order at 4:30 PM and adjourned at 6:16 PM.
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