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Committee met with a quorum; heard Controller and Mayor budget reports, recommended the OCII interim budget and a bond authorization (up to $275,000,000) to be sent to the Board of Supervisors, recommended an interim annual salary ordinance, and continued several departmental budget items to June 11, 2026. Supervisor Rafael Mandelman was excused.
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The committee reviewed mid-year and proposed two-year budget materials and advanced several items for further approval. It recommended the successor agency’s interim budget and approval to issue bonds (up to $275 million) to pay certain redevelopment obligations, and it recommended an interim salary ordinance that affects city job listings and pay structures. Several departmental budget ordinances were continued for additional review; these committee recommendations must still go to the full Board of Supervisors or additional hearings before becoming final.
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