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CITY COUNCIL BUDGET AND FINANCE COMMITTEE MEETING

Regular Meeting

Lake Forest Park, WA · March 19, 2026

AgendaPacketMinutes

Minutes

Docusign Envelope ID: 93674A53-FD7B-8B0C-8191-9BFEC95BDD9D CITY OF LAKE FOREST PARK BUDGET AND FINANCE COMMITTEE MEETING MINUTES March 19, 2026 It is noted that this meeting was held in person in the Emergency Operations Center at City Hall and virtually via Zoom. Budget & Finance Committee members present: Semra Riddle, Chair; Paula Goode, Vice Chair; Matt Muilenburg (via Zoom) Budget & Finance Committee members absent: none Other Councilmembers present: Larry Goldman (via Zoom), Josh Rosenau (via Zoom) Staff present: Tom French, Mayor; Phillip Hill, City Administrator; Lindsey Vaughn, Finance Director; Matt McLean, City Clerk Others present: 0 visitors CALL TO ORDER Chair Riddle called the March 19, 2026, Budget and Finance Committee meeting to order at 6:00 p.m. ADOPTION OF AGENDA Vice Chair Goode moved to adopt the agenda as presented. Chair Riddle seconded. The motion to adopt the agenda as presented carried unanimously. PUBLIC COMMENT Chair Riddle invited comments from the public. There being no one in the audience wishing to speak, Chair Riddle closed public comment. DIRECTOR’S REPORT January and February 2026 Budget Monitoring Dashboard Overview Director Vaughn reviewed the February 2026 budget monitoring dashboard and responded to questions. Budget and Finance Committee Meeting Minutes Approved by Council March 19, 2026 May 14, 2026 Docusign Envelope ID: 93674A53-FD7B-8B0C-8191-9BFEC95BDD9D OLD BUSINESS City Financial Outlook and Budget Strategies Chair Riddle opened a discussion on the City’s financial outlook and budget strategies. ADJOURNMENT There being no further business, Chair Riddle adjourned the meeting at 7:36 p.m. Semra Riddle, Chair Matt McLean, City Clerk 2 Budget and Finance Committee Meeting Minutes Approved by Council March 19, 2026 May 14, 2026

Agenda

CITY OF LAKE FOREST PARK CITY COUNCIL BUDGET AND FINANCE COMMITTEE MEETING Thursday, March 19, 2026 at 6:00 PM cityoflfp.gov Meeting Location: In Person and Virtual / Zoom 17425 Ballinger Way NE Lake Forest Park, WA 98155 INSTRUCTIONS FOR ATTENDING THIS MEETING VIRTUALLY: Join Zoom Webinar: https://us06web.zoom.us/j/84030684281 Call into Webinar: 253-215-8782 | Webinar ID: 840 3068 4281 The City Council Budget and Finance Committee is providing opportunities for public comment by attending in person to provide oral public comment. HOW TO PARTICIPATE WITH ORAL COMMENTS: If you are attending the meeting in person, there is a sign-in sheet located near the entrance to the Council Chambers. Fill the form out and the Presiding Officer will call your name at the appropriate time. Oral comments are limited to 3:00 minutes per speaker. Oral comments are not being accepted via Zoom. The meeting is being recorded. AGENDA 1. CALL TO ORDER: 6:00 P.M. 2. ADOPTION OF AGENDA 3. PUBLIC COMMENTS The Committee is not accepting online public comments. This portion of the agenda is set aside for the public to address the Committee on agenda items. However, the Committee may not respond to comments from the public. If the comments are of a nature that the Committee does not have influence or control over, then the Chair or presiding officer may request the speaker suspend their comments. Comments are limited to a three (3) minute time limit. 4. DIRECTOR'S REPORT A. January and February 2026 Budget Monitoring Dashboard Overview 5. OLD BUSINESS A. City Financial Outlook and Budget Strategies 6. NEW BUSINESS 7. ADJOURN Any person requiring a disability accommodation should contact city hall at 206-368-5440 by 4:00 p.m. on the day of the meeting for more information.

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