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, October 28, 2025

9:30 AM

Hearing Room 1 - 1st Floor

The Oakland City Council Finance And Management Committee Convened At 9:34

A.M. With Councilmember Ramachandran Presiding As Chairperson

COMMITTEE MEMBERSHIP:

Roll Call / Call To Order

5 -

Present

Rowena Brown, Zac Unger, Charlene Wang, Janani Ramachandran, and Kevin

Jenkins

Approval Of The Draft Minutes From The Committee Meetings Held On July 8, 2025 And

September 30, 2025

26-0115

Attachments: View Report - July 8, 2025

View Report - September 30, 2025

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:

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

Determination Of Schedule Of Outstanding Committee Items

26-0155

Attachments: View Report

View Supplemental Report - 10/24/2025

0 Speakers Spoke On This Item

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

be Accepted. The motion carried by the following vote:

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

Subject: Options To Raise Additional Ongoing $40 Million In General Purpose Fund

Revenues

From:

Office Of The City Administrator

Recommendation: Receive An Informational Report With A List Of Options To Raise An

Additional Ongoing $40 Million In General Purpose Fund Revenues Via An Ordinance To

Adopt Or Increase A Tax Effective July 1, 2026, To Provide Ongoing Resources For

Public Safety Services And To Maintain Key Equipment, IT Systems, And 911

Investments

26-0099

Office Of The City Administrator

Sponsors:

Attachments: View Report

View Attachment

View Supplemental Report - 10/17/2025

2 Speakers Spoke On This Item

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

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

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

Subject: Fair Labor Standards Act (FLSA) Overtime Investigation Report

From: Councilmembers Unger And Ramachandran

Recommendation: Receive An Informational Report From The City Administrator In

Response To The City Auditor’s Recommendations In The Substantiated Whistleblower

Investigation Regarding “City Of Oakland Uses Unauthorized Formulas For Calculating

Overtime That Differ From FLSA Guidelines”

25-0855

Unger and Ramachandran

Sponsors:

Attachments: NO WRITTEN MATERIALS SUBMITTED

The Committee Approved To Continue This Item To The January 27, 2026 Finance

And Management Committee Agenda

With A Supplemental Report To Be Submitted On the Status of Overtime Policy

Changes

A motion was made that this matter be Continued to go before the *Finance &

Management Committee, to be heard 1/27/2026. The motion carried by the

following vote:

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

Subject: Approve OFD Fire Staff Premium Side Letter Agreement To The IAFF, Local

55 MOU

From:

Human Resources Management Department

Recommendation: Adopt A Resolution Approving The Side Letter To Amend And Clarify

Article 2.8.7.1. Of The November 1, 2020 - June 30, 2026 Memorandum Of

Understanding (“MOU”) Between The City Of Oakland And The International Association

Of Firefighters (“IAFF”), Local 55, To Be Effective November 1, 2020

26-0135

Human Resources Management Department

Sponsors:

Attachments: View Report

View Attachment A

View Legislation

90942 C.M.S.

The Committee Approved The Recommendations Of Staff And To Forward This

Item To The November 4, 2025 Special City Council Agenda 9 A.M. On Consent

1 Speaker Spoke On This Item

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

matter be Approved the Recommendation of Staff, and Forward to go before the

* Concurrent Meeting of the Oakland Redevelopment Successor Agency and the

City Council, to be heard 11/4/2025. The motion carried by the following vote:

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

Subject: Equal Access To Services Ordinance Annual Compliance Report

From: Human Resources Management Department

Recommendation: Receive An Informational Report Regarding The Annual Equal Access

To Services Ordinance Compliance Report For Fiscal Year 2024-25

26-0098

Human Resources Management Department

Sponsors:

Attachments: View Report

View Attachment A

The Committee Approved To Receive And Forward This Item To The November 4,

2025 Special City Council Agenda At 9 A.M. On Consent

1 Speaker Spoke On This Item

A motion was made by Charlene Wang, seconded by Janani Ramachandran, 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

11/4/2025. The motion carried by the following vote:

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

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

26-0132

Finance Department

Sponsors:

Attachments: View Report

View Attachment A

1 Speaker Spoke On This Item

A motion was made by Zac Unger, seconded by Janani Ramachandran, that this

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

5 - Brown Unger Wang Ramachandran, Jenkins

Aye

NO VOTE

Item 8 Regarding The "Audit Recommendation Follow-Up Report As Of June 30,

2025" Was Withdrawn From This Agenda By The October 23, 2025 Rules And

Legislation Committee And Rescheduled To The December 2, 2025 City Council

Agenda On Non Consent

Item 9 Regarding The "Professional Services Agreement With Macias Gini And

O’Connell LLC" Was Withdrawn From This Agenda By The October 23, 2025 Rules

And Legislation Committee And Rescheduled To The Finance And Management

Pending List No Date Specific

Open Forum

1 Speaker Spoke During Open Forum

Adjournment

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

Management Committee Adjourned The Meeting At 10:40 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.

Americans With Disabilities Act

If you need special assistance, including translation services to participate in

Oakland City Council and Committee meetings please contact the Office of the City

Clerk. When possible, please notify the City Clerk 5 days prior to the meeting so we

can make reasonable arrangements to ensure accessibility. Also, in compliance with

Oakland's policy for people with environmental illness or multiple chemical

sensitivities, please refrain from wearing strongly scented products to meetings.

Office of the City Clerk - Agenda Management Unit

Phone: (510) 238-6406

Fax: (510) 238-6699

Recorded Agenda: (510) 238-2386

Telecommunications Relay Service: 711

MATERIALS RELATED TO ITEMS ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL

AFTER DISTRIBUTION OF THE AGENDA PACKETS MAY BE VIEWED IN THE OFFICE OF THE

CITY CLERK, 1 FRANK H. OGAWA PLAZA, 1ST AND 2ND FLOOR, OAKLAND, CA 94612 FROM

8:30 A.M. TO 5:00 P.M.