Finance Committee Meeting - December 2, 2025

City of Palo Alto Finance Committee · December 3, 2025

0:00/3:13

3:13:10

0:00

40:00

1:20:00

2:00:00

2:40:00

3:10:00

Call to order and roll call

12:56 → 13:13(18s)

Chair convened the Finance Committee and asked the clerk to call the roll; Council Members Burt, Lythcott Haines and Rechdel were recorded as present.

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The City of Palo Alto Finance Committee met Dec. 2, 2025, to hear the external audit results (clean opinion), review the annual comprehensive financial report and year-end budget adjustments, and discuss a long-range financial forecast that projects a $14.9 million structural deficit in FY 2027 and a package of balancing options.

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Transcript

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