New Members Needed: City Budget Advisory and Financial Planning Committee
City Seeks Volunteers for Budget Advisory and Financial Planning Committee – Deadline: Tuesday, September 30, 2014
Want to participate in important financial decisions impacting all Piedmonters? Want to learn in detail how your tax dollars are expended? Want to advise the Piedmont City Council on financial matters? The Budget Advisory and Financial Planning Committee (BAFPC) offers a great opportunity.
The following is the City’s press release:
The City of Piedmont is looking for a few talented volunteers for vacancies on the Budget Advisory and Financial Planning Committee. The committee, originally established by the City Council as a temporary body in March 2012, has been made a permanent body with an expanded membership of five regular members and two alternate members.
The charge of the committee is to:
• Review the financial projections prepared for the City’s Annual Budget and provide comment on whether they provide for the long term sustainable financial future of the City. This review shall take place between the preparation of the budget in April and its approval by the City Council in June of each year.
• Review and provide comment on the Mid-Year Budget Reports.
• Provide a financial review of any new program commitments and funding sources in excess of $250,000 in any fiscal year.
• Periodically review and comment on the sufficiency of funding for long term obligations, including the Sewer Fund, Equipment Replacement Fund, Facilities Maintenance Fund and the City’s pension and retiree healthcare costs and funding.
• Periodically examine the need for the Municipal Services Special Tax (Parcel Tax) and recommend whether this tax should be continued, and if so, at what rate. This charge shall be accomplished not later than eighteen (18) months prior to the expiration of the tax as set forth in Chapter 20B of the City Code.
Applications are due to City Hall, 120 Vista Avenue, on or before the deadline of Tuesday, September 30, 2014.
Interviews with the City Council for these positions will be scheduled for the evening of Monday, October 6, 2014. No appointments will be made without a Council interview.
Residents with questions are invited to contact the City Clerk’s office at (510) 420-3040.
City Clerk, John O. Tulloch
