Budget and Finance Committee
February 17, 2026
·02:00 PM
Final
Agenda — 16 items
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1
Motion (Rodriguez – Blumenfield) relative to the feasibility and fiscal impact of raising the small business exemption threshold, and business tax practices of other cities.
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2
Motion (Lee – Yaroslavsky) relative to a transfer of funds to address shortfalls in various Los Angeles Fire Department sworn and civilian salary accounts.
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3
City Administrative Officer and Mayor reports relative to the acceptance of a grant award from the California Board of State and Community Corrections for implementation of the Cohort 5 Proposition 47 Pathways to Healing and Recovery Program. (This item is referred to the Economic Development and Jobs Committee and the Budget and Finance Committee. The Economic Development and Jobs Committee approved the item on February 3, 2026.)
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4
City Administrative Officer report relative to actual cost information for the General Obligation Bonds, Series 2026-A (Taxable) (Social Bonds), issued to fund Proposition HHH projects.
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5
Board of Recreation and Park Commissioners report relative to authorizing the Department of Recreation and Parks to submit a two-year grant application and accept the Kaiser Permanente Operation Splash Program grant for 2026 and 2027, if awarded, to support aquatic programming. (This item is referred to the Arts, Parks, Libraries, and Community Enrichment Committee and Budget and Finance Committee. The Arts, Parks, Libraries, and Community Enrichment Committee approved the item on January 27, 2026.)
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6
Office of Finance report relative to the implementation of a business tax amnesty program for cannabis businesses. (This item is referred to the Government Operations Committee and Budget and Finance Committee. The Government Operations Committe approved the item as amended on February 3, 2026.)
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7
City Clerk report relative to the escheatment of idle funds in the Panorama City Business Improvement District, Fund No. 51D.
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8
City Attorney report relative to a proposed amendment to Contract No. C-144882 with Kendall Brill & Kelly, LLP to increase the contract ceiling for legal services related to the July 11, 2021 sewage discharge incident at the Hyperion Water Reclamation Plant.
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9
City Attorney report relative to a request for payment of costs of suit, pursuant to the ruling in the case entitled Friends of Westwanda Drive v. City of Los Angeles et al. , Los Angeles Superior Court Case No. 20STCP03490. (This matter is regarding a challenge of building permits issued for a single-family home construction project located at 10034 Westwanda Drive.
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10
City Administrative Officer report relative to a proposed contract with FAST Enterprises, LLC for integrated tax solution and associated implementation services.
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11
The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Movses Sisoyan v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 25VECV02580. (This matter arises from a vehicle versus vehicle traffic accident on November 13, 2024, at the intersection of Hayvenhurst Avenue and Nordhoff Street, in North Hills, California.)
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12
The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the cases entitled Richard Guzman, et al. v. City of Los Angeles , United States District Court (USDC) Case No. 2:23-cv-08689-FLA-Ex; and Margret Hill, et al. v. City of Los Angeles , USDC Case No. 2:24-cv-03484-FLA-Ex. (This matter arises from claims by former employees of the Los Angeles Police Department that the City failed to timely pay their banked compensatory time at the termination of their employment in violation of the Fair Labor Standards Act.)
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13
The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Maria Guadalupe Ramirez v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 23STCV18398. (This matter arises from a trip and fall incident that occurred on September 3, 2022, near 243 East 52nd Street, in the City of Los Angeles.)
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14
The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Yolanda White v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 22STCV06414. (This matter arises from a September 15, 2021, incident involving a trip and fall located at 3711 Beethoven Street, in the City of Los Angeles.)
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15
The Committee may recess to Closed Session, pursuant to Government Code Section 54956.9(d)(1), to confer with its legal counsel relative to the case entitled Hilda Combs v. City of Los Angeles, et al. , Los Angeles Superior Court Case No. 22STCV32710. (This matter arises from an incident on March 30, 2022, located at North Grand Avenue and Temple Street, where the incident occurred.)
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16
The Committee shall recess to Closed Session, pursuant to Government Code Section 54956.9(d)(4), to confer with its legal counsel relative to the case entitled Golden Entropy Inc. (This matter arises from a Business License Tax assessment.)