Audit and Finance Committee - Regular Meeting

Tuesday, September 8, 2026

About this meeting

Government Body
Audit and Finance Committee
Meeting Type
Audit And Finance Committee
Location
Atherton, CA
Meeting Date
September 8, 2026

Video will appear here as soon as Atherton Audit and Finance Committee posts it — usually within a day of the meeting

Tuesday, September 8, 2026

12 items on the agenda.

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REGULAR AGENDA

ROLL CALL

REGULAR AGENDAItem 1.

REMOTE PARTICIPATION

Steve Brickley 129 Promenade des Anglais 501 Nice, France 06200

REGULAR AGENDA

PUBLIC COMMENTS

Public Comments can emailed directly to Robert Barron III, Finance Director, rbarron@ci.atherton.ca.us This portion of the meeting is reserved for persons wishing to address the Committee on any matter not on the Agenda that is within the subject matter jurisdiction of the Committee. State law prohibits the Committee from acting on items not listed on the Agenda except by special action of the Committee under specified circumstances. Speakers' time is limited to three minutes. Additionally, the public may address the Committee on any subject listed on the Consent and Regular Agenda.

REGULAR AGENDA ITEMSItem 1.

REVIEW AND APPROVE DRAFT MINUTES FOR MARCH 26, 2026 SPECIAL AUDIT AND FINANCE COMMITTEE MEETING

This is a routine item to approve the draft minutes from the Committee Meeting held on March 26, 2026.

REGULAR AGENDA ITEMSItem 2.

SELECTION OF CHAIR AND/OR VICE CHAIR OF THE AUDIT AND FINANCE COMMITTEE FOR FISCAL YEAR 2026/27 – NO STAFF REPORT

This is a routine item regarding the Committee selecting a new Chair and Vice Chair from among the current Committee Members.

REGULAR AGENDA ITEMSItem 3.

REVIEW AND UPDATE ON EXCESS ERAF REVENUE AND CONSIDERATION OF A RECOMMENDATION TO THE CITY COUNCIL ON THE USE OF THE FY 2025/26 REVENUE TOWARD TOWN PRIORITIES

This item involves review and discussion of Excess ERAF revenue and its use of funds for Town priorities long term liabilities, capital projects, or one time use of funds on emerging priorities.

REGULAR AGENDA ITEMSItem 4.

DISCUSS AND ESTABLISH MEETING SCHEDULE FOR FY 26/27 OF THE FINANCE COMMITTEE

This item involves Committee review of the scheduled meeting dates and discussion of the availability for these dates to set the calendar for Fiscal Year 2026/27.

REGULAR AGENDA ITEMSItem 5.

REVIEW AND DISCUSSION OF CALPERS ACTUARIAL REPORTS AS OF JUNE 30, 2025, PROVIDE GENERAL UPDATE, DISCUSSION ON RECENT ADPS AND EFFECTS OF ANY ADDITIONAL ADP. POSSIBLE FUTURE DISCUSSION WITH CALPERS INVESTMENT AND ACTUARY

This item involves review and discussion of the Atherton CalPERS pension plans, recent ADP to CalPERS and unfunded pension liability report.

COMMITTEE AND STAFF REPORTS/COMMENTS

COMMITTEE AND STAFF REPORTS/COMMENTS

FUTURE AGENDA TOPICS

FUTURE AGENDA TOPICS

NEXT MEETING DATE CONFIRMATION

NEXT MEETING DATE CONFIRMATION

Next Meeting Date and Time: Tuesday, November 10, 2026 – 2:00 pm

ADJOURN

ADJOURN