ORDINANCE NO. 4280
AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING
CHAPTER 2.109 OF THE HUNTINGTON BEACH MUNICIPAL CODE REGARDING
FINANCE COMMISSION
The City Council of the City of Huntington Beach does herby ordain as follows:
WHEREAS, on January 17, 2023, to increase efficiency, the City Council directed the City Manager to amend Huntington Beach Municipal Code Chapter 2.109 modifying the Finance Commission's duties, meeting frequency and other adjustments for Council's consideration.
NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby ordain as follows:
SECTION 1. Chapter 2.104.030 of the Huntington Beach Municipal Code is hereby amended to read as follows:
Section 2.109.030 Purpose
The Finance Commission shall act in an advisory capacity to the City Council in matters pertaining to financial planning.
SECTION 2. Chapter 2.109.040 of the Huntington Beach Municipal Code is hereby amended to read as follows:
Section 2.109.040 Duties
The Finance Commission may review and may make recommendations to the City Council on its citizen-driven oversight, deemed necessary. Matters may include but not be limited to:
A. Fiscal policies, Financial planning and funding;
B. Annual adopted budget;
C. Proposals related to financial matters;
D. Fiscal impacts of major projects;
E. Service contracts on an as-needed basis, and/or
F. Proposed State and Federal Legislation which impacts the City's finances.
The Finance Commission also will perform such other duties or studies as may be directed by the City Council.
SECTION 3. Chapter 2.109.060 of the Huntington Beach Municipal Code is hereby amended to read as follows:
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ORDINANCE NO. 4280
Section 2.109.060 Meetings
The Finance Commission is to meet regularly once a month at a time and place determined by the Commission. All meetings shall be open to the public. Special meetings may be called in conformation with the Brown Act.
SECTION 4. This ordinance shall become effective 30 days after its adoption.
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting held this _ day of_ _ 2023.
Mayor
ATTEST:
APPROVED AS TO FORM:
Acil
City Clerk City Attorney
INITIATED AND APPROVED:
REVIEWED AND APPROVED:
City Manager Assistant City Manager
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ORDINANCE 4280
LEGISLATIVE DRAFT
HBMC CHAPTER 2.109
Chapter 2.109
2.109.030 Purpose
The Finance Commission shall act in an advisory capacity to the City Council in matters pertaining to financial planning, aligned with the Finance Department's fiscal year milestones outlined in Section 2.109.040 below.
2.109.040 Duties and Agenda Items
The Finance Commission may review and may make recommendations to the City Council on matters in its citizen-driven oversight, deemed necessary. Matters may include but not be limited toen the following specific topies:
A. January Mid Year Budget Review and Budget Kick-Off Fiscal policies, Financial planning and funding:
B. March Year End Audit, Single Audit, and new GASB Standards Review Annual adopted budget;
C. May CIP and Infrastructure Calculation Review Proposals related to financial matters; D. July Adopted Budget Review Fiscal impacts of major projects; September Investment Update, Debt and Refinancing Opportunities Service contracts on an as-needed basis, and/or
November/December Year End Review Proposed State and Federal Legislation which impacts the City's finances.
G. Additional agenda items with a financial impact at the request of the City Council, or by Finance Commission request with the approval of the City Council.
Perform such other duties or studies as may be directed by the City Council.
The Finance Commission will perform such other duties or studies as may be directed by the City Council.
2.109.060 Authority-Meetings
The regular meetings for the Finance Committee shall be bi monthly or six times a year:
The Finance Commission is to meet regularly once a month at a time and place determined by the Commission. All meetings shall be open to the public. Special meetings may be called in conformation with the Brown Act.