2.60.170 Finance committee duties.
A. The finance committee may review and make recommendations to the council on:
1. Finance-related policies and procedures.
2. Monthly financial reports of revenues, and expenditures.
3. The city’s investment funds.
4. Capital planning and implementation of projects.
5. Progress toward achieving the organization’s vision, accomplishing goals, and implementing benchmarks for the budget process.
6. The annual budget and budget process.
7. The progress toward achieving the goals set out in the city’s comprehensive plan as they relate to finance.
B. The finance committee shall:
1. Provide a forum for public comment and input regarding the city’s budget, audit, sales tax collection, business licenses operations, purchasing procedures, and other such topics related to the city’s finances.
2. Perform other such duties as the city council may from time to time refer. [Ord. 21-20 § 4, 2021.]