Meetings: Generally meet on the second Tuesday of the month at 6:30 p.m.
Overview & Functions
The commission has seven members. The duties and functions of the commission are:
Advise on short- and long-term financial policy matters, including but not limited to cash reserve funds, budgets, financing, and capital replacement policies
Recommend budget goals, including but not limited to local tax rate and tax levy targets, management of enterprise funds and spending levels
Review and recommend standardized budget and financial reporting methods and tools to make financial communications and budget information more transparent, comprehensible, and accessible to the public
Review and recommend the annual timeline and process for creating city budgets
Review the annual financial information, the annual audit report and management letter, and the city’s investment policy and portfolio