Committee on Finance

COMMITTEE ON FINANCE

August 4, 2026 Upon Recess of the BMA

Mayor Ruais called the meeting to order.

The Clerk called the roll.

Present: Aldermen Kaw-uh, Goonan, Dexter, Fajardo, Bonilla, Kantor, Trisciani, O’Neil, Terrio, Sapienza, Burkush, Barry, Vincent, Thomas

1. Resolutions:

• "Amending the FY2027 Community Improvement Program, authorizing and appropriating funds in the amount of Thirty-Three Thousand Dollars ($33,000) for the FY2027 CIPC300040327 Hazardous Materials Grant."
• "Amending the FY2026 Community Improvement Program, authorizing and appropriating funds in the amount of Twenty-Three Thousand Six Hundred Five Dollars and Ninety-Nine Cents ($23,605.99) for the FY2026 CIP C410021726 Oral Health Program."
• "Amending the FY2022 and FY2027 Community Improvement Program, authorizing, appropriating and transferring funds in the amount of One Million One Hundred Thousand Dollars($1,100,000) for the FY2027 CIP C500070427 Canal St Multi-Modal Trail (TAP 4)."
• "Amending the FY2023 Community Improvement Program, decreasing funds in the amount of Seventy Thousand Dollars ($70,000) for the FY2023 211723 Opioid Litigation Settlement Trust."

On motion of Alderman O’Neil, duly seconded by Alderman Sapienza, it was voted to waive the reading by titles only.

On motion of Alderman Terrio, duly seconded by Alderman Sapienza, it was voted that the Resolutions ought to pass and be Enrolled.

2. Budget Authorizations:

• 711422 Trail Construction
• 810625 MUNIS ERP Financial System
• 811025 Independent City Auditor
• C200060326 Dilapidated Building Demolition
• C270070327 MS4 FY27 Permit Compliance
• C300040327 Hazardous Materials Grant
• C410021726 Oral Health Program
• C500070427 Canal St Multi-Modal Trail (TAP 4)
• 211723 Opioid Litigation Settlement Trust

On motion of Alderman O’Neil, duly seconded by Alderman Burkush, it was that the Budget Authorizations be approved subject to final adoption of related Resolutions.

Matthew Normand, City Clerk: As we mentioned earlier, five minutes ago, that bond has been referred to the committee. That's a vote that needs to be taken so that it comes back and lays over.

Bond Resolution:

"Authorizing Bonds, Notes or Lease Purchases in the amount of Twenty Seven Thousand Dollars ($27,000) for the 2026 CIP C330040426 Women’s Locker Room Expansion."

On motion of Alderman Burkush, duly seconded by Alderman Barry, it was voted to read by title only.

On motion of Alderman Burkush, duly seconded by Alderman Barry, it was voted that the Bond Resolution ought to pass and layover.

There being no further business, on motion of Alderman Burkush, duly seconded by Alderman Sapienza, it was voted to adjourn.

A True Record. Attest.

City Clerk

Meeting Start Time: 8:30PM Meeting End Time: 8:32PM Minutes Prepared By: Michael Intranuovo