Board of Supervisors - Jan 13, 2026 - Regular Meeting
Board of Supervisors • Alameda CountyJanuary 13, 2026
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County Supervisors Approve 2026 Investment Policy, but Keep 'Ethical Addendum' on Ice
The Alameda County Board of Supervisors delivered a carefully calibrated message Tuesday: the county's 2026 investment policy moves forward, but the controversial Ethical Investment Policy addendum stays shelved until an independent review is complete. The split vote—three in favor, two abstentions—reflected lingering divisions over fiduciary duty, transparency, and the politics of values-based investing, even as the board cleared a packed agenda that included mental health crisis services, air quality compliance fixes, and a tribute to a cannabis policy pioneer.
2026 investment policy approved 3-0-2; Ethical Investment Policy addendum remains unimplemented pending 4–6 month peer review
Mental health alternative response unit shows 60% of calls handled without law enforcement
County commits to audit all boilers within 90 days after air quality citation
Richard Lee honored for cannabis policy reform legacy through Oaksterdam University
$1.2 million in HIV epidemic funds at risk if not released to providers by Feb. 28
Mass motion clears 66 regular agenda items, including immigration legal services and pretrial support contracts
The Board's adoption of the Treasurer-Tax Collector's 2026 Investment Policy capped months of public debate over whether Alameda County should embed ethical screening criteria into its roughly $4 billion investment portfolio. The policy passed 3-0-2, with Supervisors Elisa Marquez, Nate Miley, and Nikki Fortunato Bas voting yes, and Board President David Haubert and Vice President Lena Tam abstaining.
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