Financial Advisory Committee

Meetings

The committee meets at least four times a year and holds special meetings on an as-needed basis.

Members

Charles "Chick" Adams, Chair
Jeffrey Baxter
Roger Davis
Joel Friedman
Michele Gutierrez
Catherine Lee
Tom Maloney
D. Paul Regan, Emeritus Advisor

Councilmember Marie Chuang, Council Liaison
Finance Director Jan Cooke, Staff Liaison

Agendas, Notices and Minutes

Agendas, Notices and Minutes are available in the Agenda Center.

Supplemental Materials and Public Comments

December 6, 2022 Meeting: Staff Presentation- FAC 12-06-2022
August 2, 2022 Meeting: Staff Presentation- FAC 08-02-2022
April 26, 2022 Meeting: Staff Presentation- FAC 04-26-2022
December 1, 2021 Meeting: Staff Presentation- FAC 12-01-2021
August 31, 2021 Meeting: Staff Presentation- Solid Waste Rate Study
August 31, 2021 Meeting: Solid Waste Rate Study Report
June 3, 2021 Meeting: Staff Presentation- LIBOR BONDS
April 27, 2021 Meeting: Staff Presentation- FY 2021-22 Proposed Budget and Fee Schedule
February 25, 2021 Meeting: Staff Presentation-Sewer Rate Study

Committee Purpose

The 7 members of the Financial Advisory Committee are appointed by the City Council to advise the City Council and the city staff on the fiscal operations of the town. Representing a broad spectrum of expertise from the fields of accountancy, investment management and fiscal control, the members of the committee assist the City Council and city staff in preparation of the annual town budget; conduct quarterly and semi-annual budget reviews, monitor the town's investment program, assist in the development of capital expenditure projects, and monitor the enterprise funds. The Financial Advisory Committee assists in assuring conformity to laws regarding state spending limits, revenue and taxation, and audits.