Finance Committee Meeting of the Board of Trustees

November 2, 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 when translation is needed.

4.    Regular Agenda

A. Review of the annual comprehensive financial report (ACFR) for fiscal year ended June 30, 2026

• Report by: Sophia Kuo, CPA, MBA, and Finance Director Richard Arrow, CPA
• ACTION: Recommend the Board adopt the ACRF for the fiscal year ended June 30, 2026.

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

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

C. Review the preliminary financial report for FY 2026-27 as of September 30, 2026

• Report by: Finance Director, Richard Arrow, CPA
• ACTION: Recommend the Board approve the Financial Report for FY 2026-27 as of September 30, 2026..

D. Earthquake insurance evaluation update 

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