Budget and Finance Commitee

JOURNAL – BUDGET AND FINANCE COMMITTEE Tuesday, December 9, 2025 JOHN FERRARO COUNCIL CHAMBER ROOM 340, CITY HALL - 3:00 PM 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 MEMBERS: COUNCILMEMBER KATY YAROSLAVSKY, CHAIR COUNCILMEMBER BOB BLUMENFIELD COUNCILMEMBER HEATHER HUTT COUNCILMEMBER TIM McOSKER COUNCILMEMBER EUNISSES HERNANDEZ Armando Bencomo, Legislative Assistant - (213) 978-1080 (or Clerk.BudgetandFinanceCommittee@lacity.org) Submit written comment at LACouncilComment.com The audio for this meeting is broadcast live on the internet at https://clerk.lacity.gov/calendar. Additional information regarding Committee procedures provided at the end of this agenda. Spanish language interpretation is available at all Council and Committee meetings. Interpretation services in additional languages are available upon request, at no cost. Please submit your request to clerk.interpretation@lacity.org as soon as possible to allow time for scheduling. You will receive a confirmation reply if an interpreter is available. MULTIPLE AGENDA ITEM COMMENT ITEM(S) (1) 25-0600-S129 City Administrative Officer report relative to the Second Financial Status Report for Fiscal Year 2025-26. Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: None submitted  APPROVED the City Administrative Officer report dated December 5, 2025, AS AMENDED – (5) Yes; (0) No; Amended as detailed in the Budget and Finance Committee report dated December 9, 2025. (2) 25-0874-S2 City Administrative Officer report relative to the Fiscal Year 2025-26 Third Construction Projects Report. (This item is referred to the Budget and Finance Committee and Government Operations Committee. The Government Operations Committee amended the item on December 3, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted. CONCURRED with the Housing and Homelessness Committee’s action of December 3, 2025 – (5) Yes; (0) No (3) 25-1375 Los Angeles Department of Building and Safety report relative to a request for plumbing plan check application fees refund from Vermont NH Property LLC - Refund Claim No. 177625. Community Impact Statement: None submitted APPROVED the Los Angeles Department of Building and Safety report dated October 8, 2025 – (5) Yes; (0) No (4) 25-0964 Motion (Lee – Yaroslavsky – McOsker – Nazarian) relative to instructing the City Administrative Officer to report on options to institute a new financial policy for contract spending that exceeds the amount authorized by Council. Community Impact Statement: None submitted  APPROVED Motion (Lee – Yaroslavsky – McOsker – Nazarian) dated August 20, 2025 – (5) Yes; (0) No (5) 22-1545-S37 City Administrative Officer report relative to the Homelessness Emergency Account – General City Purposes Fund 32nd Status Report as of September 30, 2025. (This item is referred to the Budget and Finance Committee and Housing and Homelessness Committee. The Housing and Homelessness Committee amended the item on December 3, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: None submitted CONCURRED with the Housing and Homelessness Committee’s action of December 3, 2025 AS AMENDED – (4) Yes – Yaroslavksy, Hutt, McOsker, Hernandez; (0) No; (1) Absent – Blumenfield; Amended as detailed in the Budget and Finance Committee report dated December 9, 2025. (6) 25-1431 City Attorney report and draft Ordinance, and City Administrative Officer report and Authorizing Resolution relative to the issuance and sale of Proposition HHH General Obligation Bonds, Series 2026-A (Taxable) (Social Bonds), and adding a new Section 5.82.34 to the Los Angeles Administrative Code for the creation of the related special funds. Fiscal Impact Statement: Yes Financial Policies Statement: Yes Debt Impact Statement: Yes Community Impact Statement: None submitted  APPROVED City Attorney report and Ordinance dated December 2, 2025, and City Administrative Officer report and Authorizing Resolution dated December 3, 2025 – (5) Yes; (0) No (7) 25-1414 Office of Finance report relative to authorizing the execution of a subsidiary agreement with US Bank National Association for fuel and fleet commercial card services. Fiscal Impact Statement: Yes Community Impact Statement: None submitted TIME LIMIT FILE - JANUARY 31, 2026 (LAST DAY FOR COUNCIL ACTION - JANUARY 30, 2026) APPROVED Office of Finance report dated December 1, 2025 – (5) Yes; (0) No (8) 25-1415 Office of Finance report relative to authorizing the execution of a Third Amendment to Agreement No. C-126137 with U.S. Bank for commercial card services. Fiscal Impact Statement: Yes Community Impact Statement: None submitted TIME LIMIT FILE - JANUARY 31, 2026 (LAST DAY FOR COUNCIL ACTION - JANUARY 30, 2026) APPROVED Office of Finance report dated December 1, 2025 – (5) Yes; (0) No (9) 17-1125 City Attorney report and draft Ordinance relative to amending the Los Angeles Municipal Code to update the Shared Mobility Device Trip Fees paid to the Los Angeles Department of Transportation (LADOT), and LADOT and City Administrative Officer reports relative  to the On-Demand Mobility Program Trip Fee update and methodology. (This Item is referred to the Budget and Finance Committee, Public Works Committee, and Transportation Committee. The Public Works Committee and Transportation Committee continued the item to a date to be determined on September 19, 2025.) Fiscal Impact Statement: Yes Financial Policies Statement: Yes Community Impact Statement: Yes. For: Downtown Los Angeles Neighborhood Council CONTINUED Item to a date to be determined – (4) Yes – Yaroslavsky, Hutt, McOsker, Hernandez; (0) No; (1) Absent – Blumenfield (10) 25-1456 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Fortunato Barquero v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 24STCV07688. (This matter arises from a trip and fall incident on May 21, 2023, in the parking lot of the Griffith Park Travel Town Museum, located at 5200 Zoo Drive in Los Angeles, California.) APPROVED Item in Open Session (11) 25-1447 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Roberto Lorenzana v. City of Los Angeles, Los Angeles Superior Court Case No. 23STCV18083. (This matter arises from a fall incident on November 30, 2022, at MacArthur Park in Los Angeles, California.) APPROVED Item in Open Session (12) 25-1446 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal  counsel relative to the case entitled Jonathan Peltz and Kathleen Gallagher v. City of Los Angeles, et al., United States District Court Case No. 2:22-cv-03106-HDV-AGRx. (This matter arises from an incident involving members of the Los Angeles Police Department that occurred on March 25, 2021.) APPROVED Item in Open Session (13) 25-1455 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Giancarlo Bermudez v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 22STCV05687. (This matter arises from a trip and fall incident on June 26, 2021, on an uplifted sidewalk located at 15752 Ararat Street, Sylmar, California.) APPROVED Item in Open Session (14) 25-1453 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Rosario Rost v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 23VECV00704. (This matter arises from a June 23, 2022, trip and fall incident that occurred near the intersection of Ventura Boulevard and Premiere Hills Drive, in Los Angeles.) APPROVED Item in Open Session (15) 25-1451 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Kevin Horton v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 23STCV30756. (This matter arises from a fall incident on December 13, 2022, near 151 South Avenue 58, Los Angeles, California.) APPROVED Item in Open Session (16) 25-1450 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Sima Dayani v. Granstoly, LLC, et  al., Los Angeles Superior Court Case No. 22STCV24989. (This matter arises from a trip and fall incident on December 9, 2021, on the sidewalk located at 2125 Stoner Avenue, in Los Angeles.) APPROVED Item in Open Session (17) 25-1452 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Rebecca Fortschneider v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 23SMCV02362. (This matter arises from a trip and fall incident on June 11, 2022, on the south sidewalk of Wilshire Boulevard, near its intersection with Barrington Avenue.) APPROVED Item in Open Session (18) 25-1449 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Sonja Patterson v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 22STCV33048. (This matter arises from a trip and fall incident on November 5, 2021, on an uplifted sidewalk located on the Clyde Avenue side of 5700 Bowcroft Street, in Los Angeles.) APPROVED Item in Open Session (19) 25-1448 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Miguel Diaz v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 23STCV21675. (This matter arises from a trip and fall incident on February 23, 2023, on the sidewalk located at 1744 West 65th Street, in the City of Los Angeles.) APPROVED Item in Open Session (20) 25-1445 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Gennifer Lynne Wecker v. City of Los Angeles, Los Angeles Superior Court Case No. 21STCV01163.  (This matter arises from a fall incident on March 23, 2020, near 3444 Beethoven Street, in Los Angeles.) APPROVED Item in Open Session (21) 25-1443 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Juan Manuel Argomaniz, et al. v. City of Los Angeles, Los Angeles Superior Court Case No. 23STCV14662. (This matter arises from the June 30, 2021, incident in which the Los Angeles Police Department Bomb Squad detonated explosive material.) APPROVED Item in Open Session (22) 25-1444 The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Linda Gonzalez v. City of Los Angeles, et al., Los Angeles Superior Court Case No. 23VECV05189. (This matter arises from a vehicle versus vehicle incident on April 29, 2022, that occurred at the intersection of Califa Street and Canoga Avenue, in Woodland Hills.) APPROVED Item in Open Session If you challenge this Committee's action(s) in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Clerk at or prior to, the public hearing. Any written correspondence delivered to the City Clerk before the City Council's final action on a matter will become a part of the administrative record. Materials relative to items on this agenda can be obtained from the Office of the City Clerk's Council File Management System, at lacouncilfile.com by entering the Council File number listed immediately following the item number (e.g., 00-0000). Telecommunication Relay Services Telephone communication is one of the most important forms of communication in society today. Due to advancements in technology, telephone devices have evolved with new services and capabilities. Individuals who are deaf and hard of hearing, and individuals with a speech disability are following these trends and are rapidly migrating to more advanced telecommunications methods, both for peer-to-peer and third-party telecommunications relay service (TRS) communications. Telecommunications Relay Service is a telephone service that allows persons with hearing or speech disabilities to place and receive telephone calls. TRS is available in all 50 states, the District of Columbia, Puerto Rico and the U.S. territories for local and/or long distance calls. TRS providers - generally telephone companies - are compensated for the costs of providing TRS from either a state or a federal fund. There is no cost to the TRS user. What forms of TRS are available?There are several forms of TRS, depending on the particular needs of the user and the equipment available: TRS includes: Text to Voice TIY-Based TRS; Speech-to-Speech Relay Service; Shared Non-English Language Relay Service; Captioned Telephone Relay Service; Internet Protocol Relay Service; and Video Relay Service. Please visit this site for detail descriptions, https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs. Don't hang up! Some people hang up on TRS calls because they think the CA is a telemarketer. If you hear, "Hello. This is the relay service .. . " when you pick up the phone, please don't hang up! You are about to talk, through a TRS provider, to a person who is deaf, hard-of-hearing, or has a speech disability. For more information about FCC programs to promote access to telecommunications services for people with disabilities, visit theFCC's Disability Rights Office website.