Finance Committee Meeting - March 17, 2026

Palo Alto Finance Committee · March 17, 2026

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Opening and roll call

Presentation

13:38 → 13:58(20s)

Chair Lowing called the meeting to order and the clerk performed roll call: Council member Lu, Council member Bert and Chair Lowing were present. Chair said this is the first Finance Committee meeting and previewed several utility items on the agenda.

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The Palo Alto Finance Committee met March 17, 2026, to consider FY2027 utility rate forecasts and related reserve and budget issues. Staff presented proposed wastewater (16% for collection), water (staff 10% / UAC recommended 8%) and refuse (3%) rate changes; the committee recommended actions to the full council and discussed reserve policy and SFPUC wholesale cost uncertainty.

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Transcript

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