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HomeMy WebLinkAbout2026-10-20 Finance Committee Minutes Edmonds City Council Minutes Finance Committee October 20, 2026 Page 1 Edmonds City Council Finance Committee Meeting Minutes October 20, 2026 COMMITTEE MEMBERS PRESENT Michelle Dotsch, Council President (Ex- Offico) Will Chen, Councilmember Erika Barnett, Councilmember OTHER ELECTED OFFICIALS PRESENT Mike Rosen, Mayor Chris Eck, Councilmember Susan Paine, Councilmember STAFF PRESENT Richard Gould, Finance Director Kisha Post, Finance Specialist 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. August 2026 Monthly Financial Report First Reading – Finance Richard Gould (Finance Director) and Kisha Post (Finance Specialist) presented the report on the City’s August 2026 financial status. Committee Recommendation: Informational 2. Financial Policy - Financial Reporting Third Reading – Finance Kisha Post (Finance Specialist) summarized the Finance Committee’s previous discussions regarding the City’s Financial Reporting Policy from their March and April meetings. Council discussed potential updates to the policy that would better align reporting with its core purposes of consistency and clarity. Committee Recommendation: Move Forward with Developing Potential Updates ADJOURNMENT The meeting was adjourned at 1:58 pm. Edmonds City Council Minutes Finance Committee October 20, 2026 Page 2 Luke Lonie, City Clerk