Financial Strategy Committee

Legal basis

• Charter Sec. 9 (2021-11-02) · governs · Meetings of council source source
• BRC Title 2 Appendix, Council Procedure XIII · authorizes · Council Member Appointments source
• Motion approving 2026 City Council Committee Appointments (consent item 4D, January 22, 2026) (2026-01-22) · governs source source
• Council appointment by acclamation, May 5, 2020 (2020-05-05) · creates source

Appointed by

City Council. City Council appoints its own members to the committee by motion at a council meeting, as part of its annual committee assignment item; the mayor is ex officio a member of all council committees (Charter Sec. 15). source source as of 2026-01-22

How

Each year (after each election, in December or January) staff list the internal and intergovernmental committee seats and vacancies; council members volunteer at a council meeting, settle contested seats on the Hotline, and council approves the full list on its consent agenda. · annual (2026 list discussed January 8, approved January 22, 2026) · city-council source source source source as of 2026-01-22

Seats

3 source source as of 2026-01-22

Seat types

• Council member ×3 council-member

source source as of 2026-01-22

Term

two years, with one-year terms used to stagger seats (Schuchard's 2026 term is one year because his council term ends in 2026) source as of 2026-01-22

Term limit

none set: Charter Sec. 9 and Council Procedure XIII set the size of council committees and how members are appointed, but no limit on repeat service source source as of 2026-01-22

Staggering

staggered: 2026 terms end 12/26 (Schuchard) and 12/27 (Speer, Wallach); earlier lists also staggered (2021: Joseph and Wallach to 12/22, Young to 12/21) source as of 2026-01-22

Powers

advisory. Decides: nothing binding: reviews the budget and adjustments to base, and long-term financial policy. To council: recommends ballot and policy measures on the city's finances source as of 2026-01-22

Council liaison

not applicable: A committee of City Council: its members are council members, so council sends no separate liaison source

Staff liaison

City Manager's Office (council committee and board assignments) · Heather Stauffer source source as of 2026-01-22

Relations

• City Council appoints Financial Strategy Committee · council appoints its members in the annual committee assignments source
• Financial Strategy Committee recommends to City Council source
• City Manager's Office staffs Financial Strategy Committee · staff support (council committee assignments) source source
• Financial Strategy Committee subcommittee of City Council · an internal committee of City Council (Charter Sec. 9) source

History

• 2020-05 · created · Established May 2020 (members appointed by acclamation at the May 5, 2020 council meeting) to address the city's finances, then during the COVID-19 budget shortfall. source source