Finance Committee - Regular Meeting

Thursday, May 14, 2026

The Finance Committee discussed the proposed Fiscal Year 2026-2028 Biennial Budget, which addresses a projected multi-year deficit through cost reductions and strategic use of reserves. The committee also reviewed the city's financial health indicators and the second-quarter financial report with proposed mid-year adjustments.

About this meeting

Government Body
Finance Committee
Meeting Type
Finance Committee
Location
Riverside, CA
Meeting Date
May 14, 2026

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

Thursday, May 14, 2026

11 items on the agenda.

Sign up to highlight the topics you care about on every agenda.

Start free trial
CHAIRPERSON CALLS MEETING TO ORDER

CHAIRPERSON CALLS MEETING TO ORDER

PLEDGE OF ALLEGIANCE TO THE FLAG

PLEDGE OF ALLEGIANCE TO THE FLAG

SECRETARY CALLS ROLL

SECRETARY CALLS ROLL

PUBLIC COMMENT

PUBLIC COMMENT

Audience participation is encouraged. Public comments are limited to 3 minutes.

CONSENT CALENDARItem 2

Minutes of April 9, 2026 meeting

CONSENT CALENDARItem 3

Absence of Commissioner Wroten from April 9, 2026 meeting

DISCUSSION CALENDARItem 4

Proposed Fiscal Year 2026-2028 Biennial Budget

DISCUSSION CALENDARItem 5

Financial Health Indicators

DISCUSSION CALENDARItem 6

Fiscal year 2025/26 Second Quarter Financial Report; Net Revenue Adjustments of $4,346,713, Supplemental Appropriations/ Interfund Transfers of $4,862,788; Interdepartmental Transfers of $2,052,951

COMMISSION MEMBER/STAFF COMMUNICATIONSItem 7

Deputy Finance Director Update

COMMISSION MEMBER/STAFF COMMUNICATIONSItem 8

Items for future Budget Engagement Commission consideration as requested by members of the Commission.

Only items that fall within the powers and duties of the Budget Engagement Commission as set forth in the City Charter and/or the Riverside Municipal Code will be agendized for future discussion.