Memberbership
The Finance and Investment Committee consists of three (3) members: the Mayor, Mayor Pro Tem, and City Treasurer.
Meetings
Regular meetings of the Finance and Investment Committee are held at 5:30 p.m. quarterly on the fourth Thursday of the month in City Hall.
Powers and Duties
- Review the City’s Investment Policy annually, review quarterly investment performance, and consult with the City Treasurer regarding current investments and future investment opportunities.
- Assist in the development of five-year capital budgets and revenue projections.
- Review the annual budget and make recommendations to the City Council.
- Studies all fiscal issues and recommends possible improvements and economies.
- Issue reports to the City Council on the City’s investment and financial conditions.
Staff Liaison
City Administrator, Finance Director, and/or designated staff member(s).