To protect the health and safety of the public during the Coronavirus (COVID-19) pandemic, City Hall and other facilities are closed to the public until further notice. The City continues to provide services during this time and recommends using technological alternatives where possible. For more information related to City services during this emergency, please visit the Coronavirus (COVID-19) page or call the City at (310) 802-5000.

Finance Subcommittee

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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

Meeting of the Finance Subcommittee

1.  Approval of Minutes from December 17, 2015 Finance Subcommittee Meeting  (PDF)
                Recommended Action:  Approve

2.  Review of Results of Fiscal Year 2014-2015 Financial Audit (Staff Report) (PDF)
           Draft FY 2014-2015 Comprehensive Annual Financial Report (PDF)       
                Recommended Action:  Discuss, Receive and File

3.  Public Comments

4.  Adjourn


Copies of Staff Reports or other written documentation relating to agenda items are on file in the office of the Finance Director.


2016 Finance Subcommittee Meeting Schedule:
March 17, 2016, 8:30 A.M., City Manager Conference Room
June 16, 2016, 8:30 A.M., City Manager Conference Room
September 15, 2016, 8:30 A.M., City Manager Conference Room
December 8, 2016, 8:30 A.M., City Manager Conference Room

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