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File #: 26-0099    Version: 1
Type: decision Status: Passed
File created: 1/29/2026 In control: City Council
Agenda date: 2/3/2026 Final action: 2/3/2026
Title: Approval of the Finance Committee 2026 Work Plan
Attachments: 1. Draft 2026 Work Plan
Title
Approval of the Finance Committee 2026 Work Plan

Recommended Action
Committee Recommendation:
The Finance Committee met on Monday, January 26 and unanimously approved the 2026 Work Plan and directed staff to forward it to the full Council for consideration.

City Manager Recommendation:
Move to approve the 2026 Finance Committee Work Plan.

Report
Issue:
Whether to approve the 2026 Finance Committee Work Plan.

Staff Contact:
Mike Githens, Finance Director, 360.753.8465

Presenter(s):
None - Consent Calendar item.

Background and Analysis:
The Finance Committee discussed their 2026 Work Plan on January 26th based on the priorities identified at the Council retreat held on January 9-10 and suggested items from the Finance Department.

Highlights of the 2026 Work Plan include presentations on CFP funding strategies, Investment Policy Updates, City building electrification plans, fleet electrification plans, Waste Resources Carpenter Road facility update and plans, 2025 financial audit and report update, update on investments, 2027 budget process and preparation, and monthly budget/finance spotlights.

Climate Analysis:
The Climate Analysis framework will be completed for the individual work plan items being presented to the Finance Committee throughout the year.

Equity Analysis:
The Equity Analysis framework will be completed for the individual work plan items being presented to the Finance Committee throughout the year.

Neighborhood/Community Interests (if known):
Items on the Finance Committee work plan will be of interest to the community and Council-appointed advisory committees, commissions and boards.

Financial Impact:
Financial impacts will be discussed when the individual work plan items are presented to the Finance Committee.

Options:
1. Move to approve the 2026 Finance Committee Work Plan.
2. Move to approve the 2026 Finance Committee Work Plan based on feedback from the Council.
3. Do not approve the 2026 Work Plan and direct staff ...

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