 | Finance Commission
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City Council Resolution 86-65
The City Council recognizes the importance of economic and financial affairs with regard to the proper functioning of the City. High importance is placed on citizen participation provided through a Finance Commission which has expertise in financial management.
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Purpose
Give advice to the City Council regarding the funding of activities and programs; review actual vs. planned revenue and expenditure levels to help ensure efficiency.
Supporting Department
Administrative Services Dept./ Finance
Power
Advisory only
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Appointments by City Council
Five (5) members at large are appointed by the City Council. Currently, the following individuals serve on the Commission:
Chair Jim Shute
(Appointed by Christina Shea)
Vice Chair Roger Sievers
(Appointed by Melissa Fox)
Commissioner Dale Cheema
(Appointed by Farrah N. Khan)
Commissioner Tanja Fournier
(Appointed by Anthony Kuo)
Commissioner Shareen Young
(Appointed by Michael Carroll)
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FINANCE COMMISSION DUTIES
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Advise in Financial Planning and Funding
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| Act in an advisory capacity to the City Council in matters pertaining to short and long range financial planning and funding for City activities. |
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Review City's Financial Documents
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| Review the City's general fund, capital improvement program and special funds budgets, including review of policies and procedures, time frames, format, service deliveries, funding alternatives, and City Council priorities. The emphasis should be on program and/or major expenditures. |
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Review Proposals
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| Review proposals and make recommendations regarding new appropriations and increased revenue sources in excess of $30,000. |
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Fiscal Impact on Major Contracts
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| Advise Council of the fiscal impacts of franchise agreements and major contracts. |
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Review Legislation
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| Review and make recommendations regarding City support or opposition to proposed state or federal legislation which impacts the City's finances. |
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Review Service Delivery
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| Review proposals and make recommendations regarding service delivery alternatives. |
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Take Direction from City Council
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| Perform such other duties or studies as may be directed by the City Council. |
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