Office of the City Clerk

Oakland City Hall,

City of Oakland

1 Frank H. Ogawa Plaza,

Room 201

Oakland, California 94612

Meeting Minutes - FINAL

*Finance & Management Committee

Oakland City Hall, 1 Frank H. Ogawa Plaza,

Oakland, California 94612

City of Oakland Website: http://www.oaklandca.gov

Tuesday, January 27, 2026

9:30 AM

City Council Chamber, 3rd Floor

The Oakland City Council Finance And Management Committee Convened At 9:30 A.M. With

Councilmember Ramachandran Presiding As Chairperson

COMMITTEE MEMBERSHIP:

Roll Call / Call To Order

4 - Rowena Brown, Zac Unger, Charlene Wang, and Janani Ramachandran

Present

Approval Of The Draft Minutes From The Committee Meeting Held On December 9,

2025

26-0346

Attachments: View Report

0 Speakers Spoke On This Item

A motion was made by Rowena Brown, seconded by Charlene Wang, that this

matter be Accepted. The motion carried by the following vote:

4 - Brown Unger Wang, Ramachandran

Aye

NO VOTE

Determination Of Schedule Of Outstanding Committee Items

26-0347

Attachments: View Report

1 Speaker Spoke On This Item

A motion was made by Zac Unger, seconded by Rowena Brown, that this matter

be Accepted. The motion carried by the following vote:

4 - Brown Unger Wang, Ramachandran

Aye

NO VOTE

Subject: Oakland PFRS’s Investment Portfolio As Of September 30, 2025

From: Finance Department

Recommendation: Receive An Informational Report On The Oakland Police And Fire

Retirement System’s (“PFRS”, Or “System”) Investment Portfolio As Of September 30,

2025

26-0330

Attachments: View Report

View Attachment A

1 Speaker Spoke On This Item

A motion was made by Rowena Brown, seconded by Charlene Wang, that this

matter be Received and Filed. The motion carried by the following vote:

4 - Brown Unger Wang, Ramachandran

Aye

NO VOTE

Subject: Informational Report On Ratings For GO Bonds, Series 2025

From: Finance Department

Recommendation: Receive An Informational Report On The Ratings For The General

Obligation Bonds Series 2025 (Measure U) From Moody’s Investor Service And

Standard And Poor’s Ratings

26-0261

Attachments: View Report

1 Speaker Spoke On This Item

A motion was made by Janani Ramachandran, seconded by Rowena Brown, that

this matter be Received and Filed. The motion carried by the following vote:

4 - Brown Unger Wang, Ramachandran

Aye

NO VOTE

Subject: FY 2025-2028 Citywide Strategic Plan Six-Month Update

From: Office Of The City Administrator

Recommendation: Receive An Informational Report From The City Administrator On The

FY 2025-2028 Citywide Strategic Plan Six-Month Update

26-0328

Attachments: View Report

View Attachment A

The Committee Approved The Recommendations Of Staff And To Receive And

Forward This Informational Report To The February 3, 2026 City Council Agenda

On Consent

4 Speakers Spoke On This Item

A motion was made by Zac Unger, seconded by Rowena Brown, that this matter

be Received and Forwarded to go before the * Concurrent Meeting of the

Oakland Redevelopment Successor Agency and the City Council, to be heard

2/3/2026. The motion carried by the following vote:

4 - Brown Unger Wang, Ramachandran

Aye

NO VOTE

Open Forum

Adjournment

3 Speakers Spoke During Open Forum

There Being No Further Business, The Oakland City Council Finance And

Management Committee Adjourned The Meeting At 11:01 A.M.

* In the event of a quorum of the City Council participates on this Committee, the

meeting is noticed as a Special Meeting of the City Council; however no final City

Council action can be taken.

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