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meeting Details

SB 63 Financial Efficiency Review Independent Oversight Committee

Wednesday, October 21, 2026 - 9 a.m.
Board Room, 1st Floor

Bay Area Metro Center
375 Beale Street
San Francisco, CA 94105

Agenda Items

  1. Agenda item 1.
    Call to Order / Roll Call / Confirm Quorum

    A quorum of the Committee shall be a majority of its voting members (5).

  2. Agenda item 2.
    Chair's Report

  3. Agenda item 3.
    Consent Calendar

  4. Agenda item 3a.
    Approval of the draft Minutes of the May 22, 2026 meeting
    Legistar File Number: 26-2095

  5. Agenda item 4.
    Committee Information and Discussion

  6. Agenda item 4a.
    Phase Two Financial Efficiency Review – Scope and Approach Discussion
    Legistar File Number: 26-2068

    Staff will provide an overview of the statutory requirements and anticipated timeline for Phase Two of the Financial Efficiency Review, contingent on voter approval of the Regional Transit Measure. Staff will present a proposed framework for translating the statutory requirements into a consultant scope of work and study process, including the analytical approach, anticipated procurement process, and consultant capabilities. The Independent Oversight Committee will be asked to provide input on staff's proposed approach and the key parameters that should inform development of the Phase Two scope of work.

    Action
    Information and Discussion'
    Presenter
    Shruti Hari
  7. Agenda item 5.
    Public Comment / Other Business

    Remote attendees participating by Zoom wishing to speak should use the “raise hand” feature or dial *9. When called upon, unmute yourself or dial *6.

  8. Agenda item 6.
    Adjournment / Next Meetings

    The next meeting of the SB 63 Financial Efficiency Review Independent Oversight Committee is scheduled to be held on a date and time to be duly noticed to the public.