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CHAPTER 176
Financial Review Board
176.01   Created; members; term.
176.02   Meetings.
176.03   Duties.
176.04   Compensation.
   CROSS REFERENCES
   City Finance Director to prepare financial reports - see CHTR. VI, § 6.05
   Powers, duties and functions of Administrative Finance Counsel - see CHTR. IX, § 9.02
176.01 CREATED; MEMBERS; TERM.
   There is hereby created and established a Financial Review Board, which shall consist of five members appointed for terms of five years each. Each member, during their term, shall be a resident of the City or work within the City. Two of the members of the Board shall be appointed by the Republican members of Council; two of the members of the Board shall be appointed by the Democratic members of Council; and the fifth member shall be appointed by the other four members of the Board. In the event there are no Republicans on Council, then the City Chairman of the Republican Party shall make the Republican appointments. In the event there are no Democrats on Council, then the City Chairman of the Democratic Party shall make the Democratic appointments.
(Ord. 77-72. Passed 5-26-77; Ord. 2011-19. Passed 2-22-11.)
176.02 MEETINGS.
   The Financial Review Board shall meet as often as necessary, but not less than twice each calendar year, preferably in January and early July.
(Ord. 77-72. Passed 5-26-77.)
176.03 DUTIES.
    The duties of the Financial Review Board shall be to review the budget, year end reports and other financial matters of the City; to meet with Council’s Finance Committee, the administration, the Finance Director, Administrative Finance Counsel and such other persons as the Board deems advisable; and to make recommendations to Council concerning the City’s financial matters.
(Ord. 77-72. Passed 5-26-77.)
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