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HomeMy WebLinkAboutOrdinance #3836 ORDINANCE NO. 3836 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING THE HUNTINGTON BEACH MUNICIPAL CODE BY DELETING SECTION 2.109.070 THEREOF RELATING TO FINANCIAL DISCLOSURE BY THE FINANCE BOARD The City Council of the City of Huntington Beach does hereby ordain as follows: SECTION 1. That Chapter 2.109 of the Huntington Beach Municipal Code, entitled "Finance Board" is hereby amended to read as follows: Chapter 2.109 FINANCE BOARD (3184-4/93) Sections: 2.109.010 Creation 2.109.020 Composition 2.109.030 Purpose 2.109.040 Duties 2.109.050 Authority 2.109.060 Operating Policies 2.109.080 Brown Act 2.109.090 Powers of Appointment 2.109.010 Creation. There is hereby created a Finance Board. (3184-4/93) 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. (3184-4/93) 2.109.030 Purpose. The Finance Board shall act in an advisory capacity to the City Council in matters pertaining to financial planning. (3184-4/93) 2.109.040 Duties. The Finance Board shall have the duty to: (3184-4/93) (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 2.109.040(b) below. (3184-4/93) (b) Review and make recommendations regarding: (3184-4/93) (1) Fiscal Policies (3184-4/93) (2) Annual Financial Audit including review of the Management Letter from the City's independent financial auditor (3184-4/93) (3) Debt Management (3184-4/93) (4) Capital Improvement Plans and Capital Improvement Budgets (3184-4/93) 09-1960.001/30425 1 Ordinance No. 3836 (5) Long Term Financial Plans (3184-4/93) (6) New and Increased Revenue Sources (3184-4/93) (7) Proposed State or Federal Legislation which impacts the City's finances (3184-4/93) (c) Perform such other duties or studies as may be directed by the City Council. (3184- 4/93) 2.109.050 Authority. (3184-4/93) (a) It is intended that the Finance Board act only in an advisory capacity and not be vested with final authority in the establishment of priorities or the expenditure of funds. (3184-4/93) (b) The Finance Board shall not interfere with the duties of any elected or appointed officer specified in the City Charter. (3184-4/93) 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. (3184-4/93) 2.109.080 Brown Act. Meetings of the Finance Board shall be subject to the open meeting law. (Government Code Section 54950.) (3184-4/93) 2.109.090 Powers of Appointment. The Finance Board shall have the power to appoint subcommittees of not more than three (3) of its own members to perform tasks within the scope of duties. (3184-4/93) SECTION 2. This ordinance shall take effect thirty days after its adoption. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 6th day of July , 2009. ATTEST: � • QPP4 Mayor Citklerk INITIATED AND APPROVED AS TO REVIEW APPROVED: FO V V \s City Adtffiriistfrator sty Attorney � -2A -o 09-1960.001/30425 2 Ord. No. 3836 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) Ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of 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 thereof held on.Tune 15, 2009, and was again read to said City Council at a regular meeting thereof held on July 6,2009, and was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council. AYES: Carchio, Dwyer, Bohr, Coerper, Hansen NOES: None ABSENT: Green, Hardy ABSTAIN: None I,Joan L.Flynn,CITY CLERK of the City of Huntington Beach and ex-officio Clerk of the City Council,do hereby certify that a synopsis of this ordinance has been published in the Huntington Beach Fountain Valley Independent on July 16,2009. In accordance with the City Charter of said City A . n Joan L. Flynn, City Clerk C , Clerk and ex-officio Verk '�J•Senior Deputy City Clerk of the City Council of the City of Huntington Beach, California