The financial oversight committee investigates the current financial condition of the city and assists the mayor in the preparation of the budget. In cooperation with the city clerk/treasurer, the committee reports to the mayor and council on financial matters including, but not limited to:
- Outstanding debts.
- Fund balances.
- Anticipated expenditures.
- Money management.
- Establishment of reserves.
The committee evaluates all financial commitments and all income and expense relationships including, but not limited to: banking, insurance, and contractual obligations. The committee makes public financial information readily available.
The financial oversight committee meets at 7:00 PM every first Monday of the month, at the city building.
This months' meeting has been rescheduled for Monday, August 21st at 7:00 PM