Appointed by City Council for the purpose of overseeing the implementation of the City’s investment program and assuring it is consistent with the investment policy (PDF) as approved by the City Council, the subcommittee also acts in an advisory capacity in matters pertaining to short and long range financial planning and funding, rate and fee increases and other complex financial matters. The subcommittee reviews the City’s financial documents and statements, as well as certain proposals and agreements. The subcommittee consists of the City Treasurer as Chairperson and two members of the City Council. Professional and technical advisory support for the subcommittee is provided by the City Treasurer, City Manager and Director of Finance.
Finance Subcommittee Members
Community Budget Priorities Meeting
For Fiscal Years 2016-2017 and 2017-2018
- Date: 01/21/2016 6:00 PM - 8:00 PM
- Location: Joslyn Center Auditorium
1601 North Valley Drive
Manhattan Beach, California 90266
All Manhattan Beach community members are invited to participate in a Budget Prioritization workshop for fiscal years 2016-2017 and 2017-2018.
Learn about the City’s new biennial budget cycle and provide your input on top budget priorities for the next two fiscal years. City officials will share information about the decisions that go into developing the budget, various spending and revenue constraints, and the trade-offs that have to be made in funding services and programs.
Feedback provided by attendees will be used as a guide during the development of the two-year Budget as well as for long-range planning. Community input is essential for the Budget, and long-range fiscal planning, to reflect what the Manhattan Beach community wants to accomplish.
Thursday, January 21, 2016
6:00 PM to 8:00 PM
Joslyn Community Center
1601 North Valley Drive
Manhattan Beach, CA 90266
During the 2015 budget cycle, nearly 150 residents and community members attended. Space is limited, so please RSVP soon to ensure your place! Sandwiches and light snacks will be provided.
Questions can be sent directly to the City’s Budget Team at Budget@citymb.info.
As a background, the City will use its City-wide Strategic Plan, which is scheduled for discussion and possible adoption on January 5th, 2016, to ensure that budget decisions are made in line with the established pillars of success for the City. These pillars are:
- Strong Governance that Values Meaningful Resident Engagement
- Excellent City Services Provided by an Aligned and Committed Workforce
- Financial Sustainability
- Environmental Stewardship
- Effective Physical Asset Management; and
- Economic Vitality.