Finance Committee Meeting of the Board of Trustees

June 1, 2026  - 5:30 PM

A PDF of the meeting agenda/packet can be found at the end of this page.

Click here to learn how to observe and participate in the committee meeting.

Agenda

1.    Call to Order

2.    Roll Call

• Kati Martin (Chair), City of Half Moon Bay
• Muhammad Baluom, City of Millbrae
• Robert Riechel, City of San Bruno
• Michael Yoshida, City of South San Francisco
• Ron Collins, City of San Carlos
• Laura Walsh, Town of Colma
• Michael Goldman, City of Brisbane

3.    Public Comments and Announcements

This time is reserved for members of the public to address the Finance Committee on matters not on the agenda. No action may be taken on non-agenda items unless authorized by law. Comments will be limited to three minutes per person (or six minutes where a translator is used).

4.    Regular Agenda

A. Status of the construction project at 1415 North Carolan, Burlingame

• Report by: District Manager, Brian Weber
• ACTION: No action necessary, informational only.

B. Review the preliminary financial report for FY 2025-26 as of April 30, 2026

• Report by: Finance Director, Richard Arrow, CPA
• ACTION: Recommend the Board approve the Financial Report for FY 2025-26 as of April 30, 2026.

C. SECOND PRESENTATION on FY 26-27 Balanced Draft Budget and Estimates for FY 25-26

• Report by: Finance Director, Richard Arrow, CPA
• ACTION: Motion to recommend the Board approve the FY 26-27 balanced draft budget

D. Recommendation of district reserve levels for FY ending June 30, 2026

• Report by: Finance Director, Richard Arrow, CPA
• ACTION: Motion to recommend the Board approve the FY 26-27 reserved levels applicable to fiscal year ending June 30, 2026

E. Discuss financing up to 50% of the 1415 N. Carolan Avenue capital avenue capital building project

• Report by: Brian Weber, District Manager, and Richard Arrow, Finance Director
• ACTION: Motion to discuss financing alternatives with the Board of Trustees

F. Recommend approval of the final engineer's report and resolution M-005-26 for setting district special tax rates and benefit assessment collection procedures

• Report by: Brian Weber, District Manager
• ACTION: Recommend forwarding to the Board of Trustees for approval.

G. Presentation of special tax and resolution M-006-26 applicable to FY 26-27

• Report by: Brian Weber, District Manager
• ACTION: Recommend Resolution M-006-26 maintaining the amount of the Special Mosquito Control Tax without changes for Mosquito Contorl Services within the originally designated cities and unincorporated areas for the Fiscal year 2026-2027 and authorizing the continued collection of the tax.

H. State and local cybersecurity grant program (SLCGP) - approval of an agreement with ResoluteGuard for $123,797.34 for grant approved products and installation, and authorization to expend the remaining $60,202.66 on additional grant approved cybersecurity products and services.

• Report by: Jeff Schobel, Resolute Guard and Matt Nienhuis, IT Director
• ACTION: Recommend an agreement with ResoluteGuard for $123,797.34 for the acquisition and installation of SLCGP grant-approved products, and authorization to expend the remaining $60,202.66 on additional approved products and services