Title
Policy Referral: Funding for Discretionary Financial Partners
Body
Staff Resource(s):
Cherie Smith, Strategy & Budget
Explanation
§ On June 18, 2026, the Mayor made a referral to the committee to consider what should be primary in the selection of financial partners for funding.
§ Council adopted a Financial Partners Funding policy in October 2024 and revised the Policy in September 2025.
§ After receiving 39 applications and over $6 million in funding requests, at the June 1, 2026 Council Budget Straw Votes meeting, Council requested further review by Committee.
§ Staff will provide an overview for the current application and scoring process as background for future discussion.
Action: Informational