(A) The Finance Advisory Board shall provide financial guidance and recommendations to the town through evaluations of annual budgets, assistance on estimations of expected revenue streams, review of financial performance and accountability, and advice regarding management of financial reserves being established/retained by the town.
(B) The Finance Advisory Board shall promote and protect the public health, safety and general welfare of the citizens of the town by monitoring and providing investment advice, guidance and recommendations on investment objectives, investment vehicles and options, investors, reviews, performances and investment procedures and other related financial matters.
(C) The Finance Advisory Board shall provide impact analyses of proposed initiatives related to economic development, annexations, or other additional revenue streams that are available to the town.
(Prior Code, § 2.20.020) (Ord. 2018-20, passed 10-24-2018; Ord. 2021-06, passed 6-15-2021)