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HomeMy WebLinkAboutOrdinance #3184 ii ORDINANCE NO. 3184 is AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING THE HUNTINGTON BEACH MUNICIPAL CODE BY ADDING NEW CHAPTER 2.109 ENTITLED "FINANCE BOARD- WHEREAS, the City Council of the City of Huntington Beach recognizes the importance of economic and financial affairs is with regard to the proper functioning of City government and the well-being of the citizens of Huntington Beach; and The City Council also recognizes the importance of citizen participation as an integral part of the development and P operation of the City; and is City Boards, Commissions and Committees provide a valuable communication link between the citizen and the government of the City; and It is essential that there be cooperation between the City Administrator and other City staff assigned to serve as staff liaison to City Boards, Commissions and Committees, NOW, THEREFORE, the City Council of the City of Huntington Beach DOES HEREBY ORDAIN as follows : SECTION 1. The Huntington Beach Municipal Code is hereby amended by adding new Chapter 2 . 109 entitled "Finance Board" to read as follows: 2 . 109 . 010 Creation. There is hereby created a Finance Board. 2 . 109 . 020 Composition. The Finance Board shall consist of seven (7) members . Each City Council Member shall appoint one member of the Board to serve the same term as the City Council Member. 2 . 109 . 030 Purpose. The Finance Board shall act in an advisory capacity to the City Council in matters pertaining to financial planning. 2 . 109 . 040 Duties. The Finance Board shall have the duty to: A. Prepare an Annual Report to the City Council . Annually, by January 20, the Board shall submit a report to the City Council. In preparing this report, the Board shall review the adopted Budget, Annual Financial Audits, Capital Improvement Plans/Budgets, and any other financial information determined by the board to be applicable to its annual report . The report shall include any recommendations by the Board pursuant to Section 2. 109 . 040(B) below. B. Review and make recommendations regarding: 1) Fiscal Policies 2) Annual Financial Audit including review of the Management Letter from the City' s independent financial auditor 3) Debt Management 4) Capital Improvement Plans and Capital Improvement Budgets 5) Long Term Financial Plans 6) New and Increased Revenue Sources 7) Proposed State or Federal Legislation which impacts the City' s finances 2 3184 s C. Perform such other duties or studies as may be directed by the City Council . 2 . 109 . 050 Authorit . A. It is intended that the Financ e Board act only in an advisory capacity and not be vested with final authority in the establishment of priorities or the expenditure of funds . B. The Finance Board shall not interfere with the duties of any elected or appointed officer specified in the City Charter . 2 ..109 . 060 Operating Policies . Except as otherwise provided in this ordinance, the Board shall conform to operating policies for Boards and Commissions as set forth in Chapter 2. 100 of the Huntington Beach Municipal Code. 2 . 109 . 070 Financial Disclosure. In accordance with California Government e t Code members of the Finance a ce Board shall be required to file appropriate statements of economic interest . 2 . 109 . 080 Brown Act. Meetings of the Finance Board shall be subject to the open meeting law. (Government Code S 54950 . ) 2.. 109 . 090 Powers of Appointment. The Finance Board shall { have the power to appoint subcommittees of not more than three of its own members to perform tasks within the scope of duties . I I I r: it - 3 - 3184 I SECTION 2 . This ordinance shall become effective thirty days from the date of its adoption. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting held on the 15th I' day of March 1993 . ..._ - Mayor -. . ... . .. . . .._.. - - ATTE s APPROVED AS TO FORM: City Clerk City Attorney �` v j-.Js i3 7EWE D O D: 1N D A ROVED: 611,VC ty m A in strator D c or A ministr five j I I - 4 - 3184 is Ord. No. 3184 STATE OF CALIFORNIA ) COUNTY OF ORANGE ss: CITY OF HUNTINGTON BEACH I CONNIE BROCKWAY the dulyelected qualified City R y Clerk of the City g of Huntington Beach and ex-officio Clerk of the City Council of the said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular meeting therof held on the 1st day of March - is 19 93 and was again read to said City Council at a regular meeting therof held on the � day of 19 and !' 3: - , is was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council . AYES: Councilmembers: Robitaille, Bauer, Moulton_Pat=sM, WiDLLe_i 1 , S i,l,y„a, ,5ia1 J iyanJeiPzia NOES: Councilmembers: - None ABSENT: Councilmembers: None I, Connie 13*o L,vay CITY CLERK of the Qty of Huntington Beach and ex-o-+tics Clerk of.the City • Council, coo heercay rurii. :i?ct a synapsis of this ordinancoh,aa in the Daily Piloton City Clerk and ex-officio4fflerk of the City Council of the City Mfg of Huntington Beach, California In accordancc v-i"R:!~;1��i*y C;iarter of said City. Connie 'E�m 4vayr City f lark rleputy City Clerk