Nominate Chair and Vice-Chair for Finance Committee and Consider Amendments to the Duties of the Finance Committee Work Plan

Purpose of the Finance Committee:  The City of Ramsey has a responsibility to its citizens to carefully account for public funds, to manage municipal finances wisely, and to plan the adequate funding of services desired by the public, including the provision and maintenance of public facilities.  The City also has the responsibility to its citizens to provide both short-term and long-term future financial stability.  The City must ensure that it is capable of adequately funding and providing local government services needed by the community. 

The first step of the Finance Committee each calendar year is the nomination of a Chair and Vice-Chair.

To meet the purpose of the Finance Committee as outlined above, a resolution was created in 2009 that Established the duties of the Finance Committee.  The resolution is attached for review and discussion of possible amendments in relation to the work plan for 2013 and expections of the future.

Not Applicable

Motion to nominate_______________________as Chair and ________________________________as Vice-Chair for the Finance Committee and discussion of Finance Committee Duties in relation to Year 2013 and future expectations.