[Ord. No. 8007, § 1, 11-15-1990]
(a) 
There is hereby created a Citizen's Finance Advisory Committee which shall consist of eight members who shall serve a three-year term. The Committee shall be appointed by the Mayor with approval of the City Council. The first term of three Committee members shall be for three years. The first term of three Committee members shall be for two years. The first term of two Committee members shall be for one year. Each member shall continue to serve until a successor is duly appointed and qualified. In the event of death, resignation or removal of any member, a successor shall be appointed by the Council to serve for the unexpired term for which such member has been appointed. The Council may remove any member of the Committee at any time.
(b) 
The purpose of this Committee shall be:
(1) 
To serve as an advisory body to the City Council and to provide suggestions, recommendations, and comments to the City Council concerning the preparation of the City's annual operating and capital budget and the three-year capital program. The primary objective of the Committee is to assure citizen input on both the short-term and long-term financial condition of the City, the reasonableness and appropriateness of specific budget requests, and to provide other financial direction as may be requested by the City Council.
(2) 
To work with the Chief Administrative Officer and Director of Finance in a mutually cooperative fashion, including the interviewing of department heads annually during the budget process in order to gain an understanding of the need and cost of specific line item operating and capital requests.
(3) 
To work with the Chief Administrative Officer and the Director of Finance in a mutually cooperative fashion in reviewing revenue forecasts and the assumptions upon which they are based.
(4) 
To conduct such other reviews as may be deemed necessary or as requested to adequately formulate recommendations on the City's financial condition, budgetary actions, and fiscal policies.
[Ord. No. 8007, § 1, 11-15-1990]
(a) 
The Chief Administrative Officer upon preparing the annual budget and submission of that budget to the City Council shall, at the same time, submit a copy to the Citizen's Finance Committee.
(b) 
At least four weeks prior to the established date for the public hearing on the budget, the Citizen's Finance Committee shall present to the City Council a written appraisal or critique of the Chief Administrative Officer's budget submission, along with specific recommendations for change, if any.
[Ord. No. 8007, § 1, 11-15-1990]
The Citizens Finance Committee shall annually elect from its members its own Chair and Vice Chair. The Vice Chair is to act as Chair in the absence of the Chair. The Chair and Vice Chair may be elected to two consecutive one-year terms but shall hold office until a successor has been elected.
[Ord. No. 8007, § 1, 11-15-1990]
The City, by and through the office of the Director of Finance, shall provide such office space and administrative and staff support as deemed necessary for the fulfillment of the duties of the Citizens Finance Committee.