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Committee weighs finance advisory bodies, capital planning and audit oversight in charter draft
Summary
Committee discussed that the proposed council form lacks an equivalent to the old finance committee and considered creating advisory bodies (finance/ways-and-means, capital planning, audit) or leaving those choices to the new council via transition provisions.
The study committee reviewed Article 6 (financial/fiscal provisions) and debated how the proposed council–manager structure should handle budget oversight, capital planning and audits.
The Collins Center team observed that under the proposed council form there is no statutory finance committee equivalent and that existing bodies (capital program committee, audit committee) will be advisory unless given a specific legal role in the charter. Consultants said the committee must decide…
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