Loading...
HomeMy WebLinkAbout2000-103 - Establishing the City Council Finance CommitteeRESOLUTION NO. 2000- 103 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ESTABLISHING THE FINANCE COMMITTEE. WHEREAS, the City Council is the primary guardian of public funds; and WHEREAS, appropriations, expenditures and other budgetary matters are a primary concern of the City Council; and WHEREAS, the City Council has adopted various policies regarding financial matters; and WHEREAS, the City Council has adopted policies regarding income property and annexations which may have an impact on the City's finances; and WHEREAS, the City Council desires to appoint a committee to review all finance matters; NOW, THEREFORE be it resolved by the City Council of the City of Newport Beach that the Finance Committee is hereby established as follows: 1. The membership shall consist of the Mayor and two Council Members, one of who shall be appointed chairperson. Appointment shall be made by the Mayor and confirmed by the full City Council. 2. Meetings shall be called by the Chairperson or Mayor as needed. 3. Staff support shall be provided primarily by the City Manager and the Finance Director and by other staff as necessary. 4. The duties of the Committee shall be as follows: (a) Review and monitor events and issues which may affect the financial status of the City; (b) Make recommendations to the City Council regarding amendments to the financial and budgetary policies; (c) Recommend actions to the City Council to further the aims of the Finance Committee's policies; (d) Review the activities of staff regarding the preparation of the City's budget and other fiscal matters consistent with City Council policy; (e) Review the activities of staff as outlined in the City Council Income Property Policy; periodically review and inventory all City -owned income property; and make recommendations to the full City Council related to the management of income property. (f) Review the activities of staff pursuant to personnel and labor related issues and make recommendations to the City Council related to these issues. 5. The term of this committee shall be indefinite pending City Council action. ADOPTED this 12th date of December 2000.- MAY ATTEST: ,1-21 of Ne��'� CITY CLERK to �RNiw STATE OF CALIFORNIA } COUNTY OF ORANGE } ss. CITY OF NEWPORT BEACH } I, LAVONNE M. HARKLESS, City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; that the foregoing resolution, being Resolution No. 2000 -103 was duly and regularly introduced before and adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 12th day of December, 2000, and that the same was so passed and adopted by the following vote, to wit: Ayes: Heffernan, O'Neil, Ridgeway, Glover, Bromberg, Proctor, Mayor Adams Noes: None Absent: None Abstain: None IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 13th day of December, 2000. (Seal) City Clerk Newport Beach, California