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Locunity/Association of Bay Area Governments, CA·Other

Finance Committee

P1 - Budget, audits and finances; meets ahead of Executive Board, typically 4:30 p.m. Most recent recorded meeting May 21, 2026; Aug 20, 2026 meeting listed.

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Condominium InterestFinance Committee154d agoMay 21, 2026

Staff to Brief General Assembly on Condo Interest After Appraisal

An appraisal of ABAG's condominium interest is due next month, and a member asked staff to prepare talking points for the General Assembly.

Why it matters: ABAG promised the General Assembly information this year on the condo interest, and the appraisal is the next step.

Association of Bay Area Governments
Closed Pension PlanFinance Committee154d agoMay 21, 2026

Legacy Pension Debt Consumes Two-Thirds of ABAG Member Dues

Staff said a closed pension plan's roughly $18 million unfunded liability requires over $2 million annually through 2035, while MTC absorbs uncharged administrative costs.

Why it matters: Pension payments crowd out other uses of member dues, and ABAG's administrative budget depends on MTC subsidies that are not charged back.

Association of Bay Area Governments
Resolution 5-2026Finance Committee154d agoMay 21, 2026

ABAG Budget Advances With 3% Dues Increase and Small Surplus

The committee recommended Resolution 5-2026, a balanced ABAG budget with a CPI-based 3% dues increase and a $12,000 surplus, for General Assembly approval.

Why it matters: The budget sets member dues and the agency's work program; the 3% increase tracks CPI, and the General Assembly gives final approval.

Association of Bay Area Governments
January 15, 2026 MinutesFinance Committee154d agoMay 21, 2026

Committee Approves Minutes and Unaudited Financial Reports Unanimously

The consent calendar covering January minutes, two investment reports and a revenue and expense statement passed by roll call without discussion or public comment.

Why it matters: Routine oversight of ABAG investments and revenues moves to the Executive Board for acceptance.

Association of Bay Area Governments