March 19, 2026 - Finance and Risk Management Committee Meeting

Finance & Risk Management Committee (FRMC) · March 19, 2026

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Call to order

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DA Shama, chair of the Finance & Risk Management Committee, called the March 19, 2026 meeting to order and welcomed members of the public, committee and staff. He identified himself as representing the City of National City.

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San Diego Community Power Finance & Risk Management Committee received an A (stable) public credit rating from S&P Global Ratings, reviewed mid‑year financials and investment results, approved a rate‑stabilization reserve policy, authorized joining the California Community Choice Financing Authority as a founding member, and heard multiple public comments raising transparency and delinquent‑debt concerns.

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Transcript

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