Warren Woods, Mayor - Chairman
Mike Taylor, City Administrator - Vice Chairman
Larry Wynn, Council-at-Large
Randy White, First Ward Councilperson
Marsha Wilson, Fourth Ward Councilperson
CRESTON CODE OF ORDINANCES CHAPTER 32
CITY FINANCE COMMITTEE
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32.01 Finance Committee |
32.03 Vacancies |
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32.02 Term of Office |
32.04 Powers and Duties |
32.01 FINANCE COMMITTEE. There shall be created a City Finance Committee, consisting of five (5) members. The standing members of the City Finance Committee shall be the Mayor and the City Administrator. The remaining three (3) members shall be three Council persons, appointed by the Mayor and approved by the City Council. (Ord. 06-93 – June 06 Supp.)
32.02 TERM OF OFFICE. The term of office of the members of the Finance Committee shall be four (4) years. The Finance Committee shall be reappointed in January immediately following each mayoral election, which includes special elections.
32.03 VACANCIES. If an vacancy exists on the Finance Committee, caused by resignation or otherwise, a successor for the residue of the term shall be appointed in the same manner as the original appointee.
32.04 POWERS AND DUTIES. The Finance Committee shall have and exercise the following powers and duties:
1. The Mayor shall serve as the Chairperson of the Finance Committee and the entire Committee shall elect a Vice-Chairperson. The Chairperson of the Committee will call a meeting at a time in which financial matters must be dealt with concerning City operations. Also, any member of the Committee shall have the right to request a meeting to deliberate any issue pertinent to the Finance Committee as a whole. The request for a meeting shall be given to the City Clerk, who shall make the Chairperson or Vice-Chairperson, in the absence of the Chairperson, aware of the request.
2. The Finance Committee is to review the City annual budget, amend the budget document as necessary and determine the tax levy to carry out the budget and report the budget to the City Council, as a whole, for final passage.
3. The Finance Committee shall take appointments from City Department Heads or personnel in order to discuss financial matters deemed important to the City operations.
4. The Finance Committee, as part of their review of the annual City budget, is to receive budget requests, comments and recommendations from any board and/or departments within the City. Due deliberation is to be given to any and all requests submitted to the Finance Committee. The Finance Committee will either deny the request or pass favorable comment to the Council as a whole.
5. The Finance Committee shall review with the City Administrator recommended budget amendments to the current City budget and make recommendations to City Council, as a whole, on such amendments.
6. The Finance Committee will review grant application funding requests if the applicant cannot obtain such funding through appropriate board action due to budgetary constraints in effect.
7. The Finance Committee may approve a funding request, on its own authority, if the total costs are not to exceed $5,000.00 and only if the funding is available through the appropriate Program area of the overall City budget currently in effect.
8. The Finance Committee is responsible for the review of the salaries of all non-bargaining unit employees. Salary recommendations are to be made to the full Council as to merit increases, cost-of-living increases, changes in benefits or starting wages for new hires.
9. The Finance Committee will review all contracts in which the City is engaged at least 120 days prior to the expiration date. Council may approve the contracts as a whole with the recommendation of the Finance Committee. An example is the contract for hauling residential solid waste.
10. The City Council, from time to time, may make certain requests of the Finance Committee, as needs dictate. In each instance, the Finance Committee will only take the role of review and report back to City Council, as a whole, with their findings, unless specifically authorized to take final actions. Any final actions taken shall be reported to City Council.
11. The Finance Committee may be asked to assume other duties or responsibilities by action of City Council, which are not outlined in this chapter. In each instance, the Finance Committee will act accordingly and respond as quickly as possible to any requests made by City Council.
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