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2026-06-16 Finance Committee Meeting Minutes Edmonds City Council Minutes Finance Committee June 16, 2026 Page 1 Edmonds City Council Finance Committee Meeting Minutes June 16, 2026 COMMITTEE MEMBERS PRESENT Michelle Dotsch, Council President (ex- officio) Will Chen, Councilmember Erika Barnett, Councilmember OTHER ELECTED OFFICIALS PRESENT Mike Rosen, Mayor Chris Eck, Councilmember Vivian Olson, Councilmember Susan Paine, Councilmember STAFF PRESENT Kisha Post, Financial Analyst Sarah Mager, Senior Accountant Emily Villata, Deputy City Clerk 1. CALL TO ORDER The Edmonds Council Finance Committee meeting was called to order virtually and in the City Council Conference Room, 121 – 5th Avenue North, Edmonds, at 1:00 pm by Councilmember Chen. 2. COMMITTEE BUSINESS 1. April 2026 Monthly Financial Report First Reading – Finance Financial Analyst, Kisha Post, presented the monthly financial report for April 2026. Council asked questions and engaged in discussion regarding expense forecast methodology and internal loan repayment. Committee Recommendation: Informational 2. Budget Amendment June 2026 First Reading – Finance Kisha Post briefed Council on a proposed budget amendment to correct an overpayment received from the State. Committee Recommendation: Move to Full Council Business 3. Follow-up to Questions from Recent Budget Retreat First Reading – Finance Kisha Post read through a list of finance-related questions posed by Council following their budget retreat held Saturday, May 30, 2026 and provided answers. The committee unanimously agreed to extend the meeting until 2:35pm. Committee Recommendation: Informational ADJOURNMENT The meeting was adjourned at 2:35pm. Edmonds City Council Minutes Finance Committee June 16, 2026 Page 2 Luke Lonie, City Clerk