637 First Street  
City of Santa Rosa  
Santa Rosa, CA 95404  
LONG-TERM FINANCIAL POLICY AND AUDIT  
SUBCOMMITTEE  
REGULAR MEETING AGENDA AND  
SUMMARY REPORT  
APRIL 9, 2026  
4:00 P.M.  
MEMBERS OF THE PUBLIC CAN PARTICIPATE IN THE MEETING BY  
ATTENDING IN-PERSON FROM THE CHAMBER LARGE CONFERENCE  
ROOM LOCATED AT: 637 FIRST STREET, SANTA ROSA.  
OR JOIN VIA ZOOM WEBINAR BY VISITING:  
https://srcity-org.zoom.us/j/89292708197  
OR LISTEN BY PHONE: (877) 853-5257 - ENTER ID: 892 9270 8197  
A VIDEO RECORDING OF THE MEETING WILL BE AVAILABLE FOR  
VIEWING ONCE UPLOADED TO SANTA-ROSA.LEGISTAR.COM  
PUBLIC COMMENTS AND PARTICIPATION  
LIVE PUBLIC COMMENT:  
Public Comment may be made live, in-person, during the meeting in the  
Chamber Large Conference Room or submitted via email in advance of  
the meeting. Each speaker is allowed up to three minutes.  
E-MAIL PUBLIC COMMENT:  
To submit an e-mailed public comment to the Long-Term Financial  
Policy and Audit Subcommittee (LTFPA), please send to:  
finance@srcity.org by 5:00PM, Monday, prior to the regularly scheduled  
LTFPA meeting. E-mailed public comments will be added to the record  
prior to the start of the meeting and will be distributed to the LTFPA  
Subcommittee members and uploaded to the agenda prior to the start of  
the meeting for public access. Emails received will not be read into the  
record. Please note that all e-mails sent to the city are considered public  
records and subject to disclosure under the California Public Records  
Act.  
IN THE EVENT A COUNCIL MEMBER PARTICIPATES REMOTELY BASED  
ON JUST CAUSE UNDER THE BROWN ACT, THE CITY WILL ALLOW FOR  
PUBLIC COMMENT THROUGH THE ZOOM LINK OR DIAL-IN NUMBER  
ABOVE  
1. CALL TO ORDER AND ROLL CALL  
2. REMOTE PARTICIPATION UNDER THE BROWN ACT (Gov. Code § 54953.8)  
This time is reserved for any Subcommittee Member to announce remote  
participation under the “Just Cause” provision of Government Code Section  
54953.8.  
3. PUBLIC COMMENTS  
This is the time when any person may address matters not listed on this  
agenda, but which are within the subject matter of the jurisdiction of this  
subcommittee. The public may comment on agenda items when the item is  
called. Each speaker is allowed up to three minutes.  
4. APPROVAL OF MINUTES  
Regular Meeting Minutes 3-17-26 DRAFT  
Attachments:  
5. SCHEDULED ITEMS  
5.1  
CALPERS PENSION UNFUNDED LIABILITY EXPENSES OVERVIEW  
AND POTENTIAL COST AVOIDANCE STRATEGIES  
Presenter: Scott Wagner, Chief Financial Officer, Finance Department,  
Michael Myer, Vice President, NHA Advisors  
Purpose: A presentation led by the Chief Financial Officer, in  
partnership with Michael Myer of NHA Advisors, to analyze the historical  
and projected future obligations of CalPERS pension costs impacting  
the General Fund, and to evaluate strategic options to provide cost  
avoidance.  
Recommendation: Information  
Presentation  
Attachments:  
5.2  
GENERAL FUND FISCAL YEAR 2026-27 BUDGET DEVELOPMENT  
UPDATE  
Presenters: Scott Wagner, Chief Financial Officer, Finance Department  
Purpose: A presentation by the Chief Financial Officer to provide an  
update on fiscal year 2026-27 General Fund budget development.  
Recommendation: Information  
6. FUTURE AGENDA ITEMS  
This time is reserved for discussion about whether to place matters on a  
future agenda for further discussion.  
The next regular scheduled meeting will be May 14, 2026 at 4:00 P.M.  
7. ADJOURNMENT  
The City of Santa Rosa does not discriminate against individuals (including member(s) of a legislative body) with disabilities in  
its employment, services, benefits, facilities, programs, or activities. Requests for accommodations, auxiliary aids, or services  
necessary to participate in a City program, service, or activity, including printed information in alternate formats, are available by  
contacting the Recording Secretary at 707-543-3140 (TTY Relay at 711) or FINANCE@SRCITY.ORG. The e-mail subject line  
should read “ADA Accommodation Request” or “Language Assistance” and the email should include your name, address,  
telephone number, and a description of the request. If the request is received at least seven (7) business days prior to the board  
meeting, the copy shall be provided no later than two (2) business days prior to the board meeting. Meeting information can  
also be accessed via the internet at http://srcity.org.