MinutesMar 16, 2026Item B.4

TREASURER’S REPORT FOR JANUARY 2026

Minutes • 2026-03-16 • Item B.4

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AI Summary

The Treasurer's Report for January 2026 provides an overview of the city's financial status, including cash balances and investment holdings. This report is primarily informational and does not directly impact residents' daily lives. However, it ensures transparency in how the city's funds are managed, which can indirectly affect future city services and projects funded by taxpayer money.

Vote result: Passed 5-0

How does this affect you?

For most residents, the Treasurer's Report will not have a direct impact on daily life. It serves as a financial health check for the city, ensuring that funds are being managed responsibly. This can influence future decisions on city services, infrastructure projects, and potential tax changes, but no immediate changes will result from this report.

Fiscal impact

Fiscal impact was not specified in the published agenda analysis.

Related Items from This Meeting

Other agenda items from the Mar 16, 2026 council meeting.

WEHO PRIDE PLANNING UPDATE [Y. QUARKER, C. SMITH, M. REATH, K. MCCORMACK]

Using city funds, this proposal would allocate over $3.5 million for the planning and execution of WeHo Pride 2026, including significant sponsorships for events like the OUTLOUD Music Festival and the Pride Parade. The initiative also involves fee waivers for local businesses and participation in WorldPride 2026 in Amsterdam, aiming to enhance community engagement and promote West Hollywood as a vibrant cultural hub.

ADOPT ORDINANCE NO. 26-06 (2ND READING) "AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF WEST HOLLYWOOD ADOPTING CHAPTER 9.46 OF ARTICLE 3 OF TITLE 9 OF THE WEST HOLLYWOOD MUNICIPAL CODE PROHIBITING DISCRIMINATION ON THE BASIS OF FAMILY OR RELATIONSHIP STRUCTURE" [J. JIMÉNEZ, M. CROWDER, L. MORALES]

This ordinance prohibits discrimination based on family or relationship structure, ensuring that all residents, regardless of their family makeup, are treated equally in housing, employment, and public services. This change is significant as it strengthens protections for diverse family units, promoting inclusivity and equality in West Hollywood.

RESOLUTION TO ACCEPT CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT (HCD) LOCAL HOUSING TRUST FUNDS (LHTF) MATCHING GRANT FOR CREATION, REHABILITATION, OR PRESERVATION OF AFFORDABLE HOUSING [S. CAMPBELL, A. BARTLE]

Using a $5 million grant from the California Department of Housing and Community Development, this proposal aims to bolster affordable housing in West Hollywood by adding funds to the city's Affordable Housing Trust Fund. This initiative is crucial for addressing housing affordability, potentially benefiting low to moderate-income residents by increasing the availability of affordable housing options.

UPDATE ON EXPLORATION OF ADDITIONAL HARM REDUCTION TOOLS [Y. QUARKER, T. CARTER, D. MURRAY]

Using city funds, this proposal would cost residents approximately $112,900 to implement a one-year Community Health Hub Pilot Program. This initiative aims to enhance public health access by installing a vending machine that provides free health and harm-reduction supplies, available 24/7. The program is designed to improve community wellness and reduce harm by offering anonymous access to essential supplies.

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