AN ORDINANCE FOR THE FY2025 4TH QUARTER BUDGET AMENDMENT

City Manager Gipson reported that the City reviews and adjusts budgeted revenues and expenditure(s) on a quarterly basis to respond to changes as the fiscal year progresses and to update the Council regarding budgetary issues. As part of the quarterly budget review, staff is

02-24-2026 BOA Minutes February 24, 2026 Page 4 of 6 presenting for Council consideration the fourth amendment to the Fiscal Year 2025 (FY25) budget.

Karen Dilber, Director of Finance, addressed the Council to answer questions.

Councilmember Buse introduced Bill No. 7134, approving an amendment to the FY2025 4th Quarter Budget to be read for the first time by title only. Councilmember Patel seconded.

City Attorney O’Keefe reads Bill No. 7134, first reading, an Ordinance Amending the Fiscal Year 2025 Budget and Appropriating Funds Pursuant Thereto by title only.

The motion passed unanimously on a voice vote.

Motion made by Councilmember Buse that the Council give unanimous consent to consideration for adoption of Bill No. 7134 on the day of its introduction. Councilmember Patel seconded.

The motion passed unanimously on a voice vote.

Councilmember Buse introduced Bill No. 7134, approving an amendment to the FY2025 4th Quarter Budget to be read for the second time by title only. Councilmember Patel seconded.

City Attorney O’Keefe reads Bill No. 7134, second reading, an Ordinance Amending the Fiscal Year 2025 Budget and Appropriating Funds Pursuant Thereto by title only.

The motion passed on a roll call vote: Councilmember Buse – Aye; Councilmember Patel – Aye; Councilmember Hummell – Aye; Councilmember Yorg – Aye; Councilmember – Waldman – Aye; and Mayor McAndrew – Aye. The bill, having received majority approval, was adopted, and became Ordinance No. 6993 of the City of Clayton.

OTHER

Councilmember Hummell reported on the following: • Non-Uniformed Employees Retirement Fund (NUERF) o Very active and informed commission – doing a great job! - focused on returns, the markets, the investment managers, and fees; the fund itself hit a record high of $27.4 million; meeting policy goals; overall everything is doing great.

• Washington University neighborhood meeting was held Feb. 4th – over 100 people in attendance; announcement proposed plans for a 600-student dormitory; current construction is the Hirsch Career Center (Forsyth and Big Bend); citizens asked questions concerning the Fontbonne property and Concordia Seminary; question was asked regarding the future of the CBC property and the Famous Barr building

• Clayton Community Foundation (CCF) and CCF Board o Change in number of officers; focusing on finances, audit, investment policy, and fundraising; currently underperforming on the unrestricted giving and would like to have a 9-12 month reserve; reports were provided by their Awareness Committee, Wydown Avenue Committee, and the Hanley House Committee

The bill, having received majority approval, was adopted, and became Ordinance No. 6993 of the City of Clayton. OTHER

Councilmember Hummell reported on the following: • Non-Uniformed Employees Retirement Fund (NUERF) o Very active and informed commission – doing a great job! - focused on returns, the markets, the investment managers, and fees; the fund itself hit a record high of $27.4 million; meeting policy goals; overall everything is doing great.

• Washington University neighborhood meeting was held Feb. 4th – over 100 people in attendance; announcement proposed plans for a 600-student dormitory; current construction is the Hirsch Career Center (Forsyth and Big Bend); citizens asked questions concerning the Fontbonne property and Concordia Seminary; question was asked regarding the future of the CBC property and the Famous Barr building

• Clayton Community Foundation (CCF) and CCF Board o Change in number of officers; focusing on finances, audit, investment policy, and fundraising; currently underperforming on the unrestricted giving and would like to have a 9-12 month reserve; reports were provided by their Awareness Committee, Wydown Avenue Committee, and the Hanley House Committee

02-24-2026 BOA Minutes February 24, 2026 Page 5 of 6 • CRSWC o discussion included an unbudgeted item for $169,000, a new competition pool, scoreboard, and timing system o priority to focus on marketing and member cultivation; very impressive to see the Center activities, marking, social marketing, and emails which seem to be working well; membership has reached a post-Covid high of 3,200 as of January o major maintenance issues with the recreation pool – specifically an upgrade to the flooring

Councilmember Buse reported on the following: • The Plan Commission/ARB approved Washington University’s plans for new dormitories.

• Special Business District Advisory Board – conversation was dominated regarding “wayfaring” communications for the restaurants, hotels, new retail, and transportation

• Sustainability Advisory Committee (SAC) – discussions on various topics o honeysuckle removal effort o a proposed update on the pre-tree preservation ordinance o MO Legislative issues ▪ Bill 2761 regarding solid waste management – possibly related to the Green Dining Alliance increased costs due to a possible loss of funding ▪ Senate bill that is proposing placing a moratorium on construction of solar panels ▪ proposed restrictions on energy efficiency standards municipalities are allowed to require o Clayton High School student reps are working on a Bird City Appreciation event

Councilmember Patel reported on the following: • Parks and Recreation Commission o annual report on the Tennis Center – continues to be a huge success, the partnership with the contractor, kids love it, parents love it - mutually, financially beneficial. It's great. o presentation from Deb Grossman on projects by the SAC Councilmember Yorg reported on the following: • Citizen Finance Committee- first meeting scheduled for Feb. 27 - good group of members; plans for Friday is to elect a chairman; discuss a set meeting schedule

Councilmember Waldman reported on the following: • Parks and Recreation Commission o taking the lead on making Oak Knoll Park into an arboretum; the challenge will be the lighting because they are hoping to make the Park “dark sky” - really exciting o received the Green City Challenge Award for sustainability

• Uniformed Employees Retirement Fund (UERF) - everything's really going well; hitting all the target allocations

Mayor McAndrew reported on the following: • Remembrance Park – group met to discuss the proposed plaques – group will do more research and come back in April