Agenda

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Item # 3.

Council Meeting

Meeting Date:	06/22/2021
Department:	City Manager
Pillars:	Gold Standard in Financial Health

AGENDA CAPTION:

Present and Discuss Reauthorization of the Council Finance Committee and Potential Appointments.

BACKGROUND:

The Finance Committee (Committee) was created by Resolution on March 10, 2015. The stated purpose of the Committee is to assist the City Council in fulfilling its responsibilities pertaining to the Town's finances in accordance with the City Charter, Code of Ordinances, and applicable laws and regulations.

Committee By-Laws require Council to annually review whether the Committee will be continued. If Council continues the Committee, 3 Council members shall be appointed to the Committee. This agenda item is to facilitate Council's discussion on whether to continue the Committee. If Council intends to continue the Committee, appointments to the Committee will then be discussed.

RECOMMENDATION:

Staff seeks direction from Council.

Attachments
Finance Committee History and By-Laws