3
Subject: InnoFin Solutions LLC Professional Services Contract
From: Finance Department
Recommendation: Adopt A Resolution Waiving The Competitive Multiple-Step
Solicitation Process Required For The Purchase Of Professional Services And Waiving
The Local And Small Local Business Enterprise Program Requirements To Award A
Contract To InnoFin Solutions LLC For The Purchase Of Professional Services For The
Ongoing Support For Budget Implementation, And Budget System Operations And
Maintenance For The Oracle Planning And Budgeting Cloud Service (PBCS) For Five
Years, From July 1, 2026 To June 30, 2031, In The Amount Of Forty Thousand Dollars
($40,000) Per Year, With A Total Contract Amount Of Two Hundred Thousand Dollars
($200,000)
2 Speakers Spoke On This Item
The Committee Approved The Recommendation Of Staff And To Forward This Item
To The July 7, 2026 City Council Agenda On Consent
A motion was made by Rowena Brown, seconded by Zac Unger, that this matter
be Approved the Recommendation of Staff, and Forward to go before the
Concurrent Meeting of the Oakland Redevelopment Successor Agency/City
Council/Geologic Hazard Abatement District Board, to be heard 7/7/2026. The
motion carried by the following vote:
4 - Brown Unger Wang, Ramachandran
0
Aye
NO VOTE
4
Subject: Oakland PFRS’s Investment Portfolio As Of March 31, 2026
From: Finance Department
Recommendation: Receive An Informational Report On The Oakland Police And Fire
Retirement System’s (PFRS Or “System”) Investment Portfolio As Of March 31, 2026
3 Speakers Spoke On This Item
A motion was made by Charlene Wang, seconded by Zac Unger, that this matter
be Received and Filed. The motion carried by the following vote:
4 - Brown Unger Wang, Ramachandran
0
Aye
NO VOTE