Financial Advisory Committee

The Town is currently recruiting for upcoming openings on the Financial Advisory Committee. Applications, a letter of interest and resume are due to the City Clerk by noon on Friday, October 29. For more information and an application, visit: https://www.hillsborough.net/146/Boards-Committees.

Agendas, Notices and Minutes

Beginning in February 2021, Agendas, Notices and Minutes are available in the Agenda Center.

Supplemental Materials and Public Comments

Prior Agendas and Notices

Prior Minutes

Meetings

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

Members

  • Charles Adams, Chair
  • Jeffrey Baxter
  • Joel Friedman
  • Michele Gutierrez
  • Richard Kuersteiner
  • Tom Maloney
  • Christopher Do
  • Marie Chuang, Council Liaison
  • D. Paul Regan, Emeritus Advisor
  • Jan Cooke, Staff Liaison, Finance Director

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.