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Burns - Finance Commission

City Council/Public Financing Authority
January 17, 2023

Document
Burns - Finance Commission
Meeting
January 17, 2023
Body
City Council/Public Financing Authority
Original file
89 KB
Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

CITY OF HUNTINGTON BEACH
CITY COUNCIL MEETING – COUNCIL MEMBER ITEMS REPORT

TO: HONORABLE MAYOR AND CITY COUNCIL

FROM: PAT BURNS, CITY COUNCILMEMBER

DATE: JANUARY 17, 2023

SUBJECT: FINANCE COMMISSION

The Finance Commission is a City Council-created, advisory commission to the City Council. While the City has a long history of having a Finance Commission, or a similar City finance review board, the City Council directed the Finance Commission to meet less frequently and to only undertake tasks that the City Council directed.

The Finance Commission is composed of citizens appointed by Council members. The City's finances should be carefully reviewed by the public as City leadership's greatest fiduciary responsibility is to be the best stewards of ta xpayer money. Citizen participation and oversight is key to the fiscal health and responsible governance by the City Council.

RECOMMENDED ACTION
Direct the City Manager to immediately facilitate monthly Finance Commission meetings and direct the City Manager to accommodate and facilitate the Finance Commission to undertake reviews the Finance Commission, in its citizen -driven oversight, deems necessary. The Finance Commission will review, analyze, and consider the accountability, honesty, integrity, fiscal sustainability, community involvement, and openness of the City’s financial obligations. Direct the City Manager to update the Huntington Beach Municipal Code Section 2.109, Finance Commission, to reflect a monthly meeting schedule with the modified duties and agenda items.

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