Finance Committee

 

Established by City Council Resolution 2023-027 on February 7, 2023

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Membership Qualifications and Residency Requirements

The Tracy Finance Committee is comprised of two seated Tracy City Council Members.

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Term

Committee members shall serve a one year term.

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Bylaws

Finance Committee Bylaws(PDF, 2MB)

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Compensation

The Tracy Finance Committee Member position is a volunteer, non-paid position.

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Duties

1. Review, discuss, and provide direction to facilitate in the preparing and presenting of accurate, timely, and meaningful financial statements to the Council from City staff
2. Monitor the finances of the City
3. Develop an annual work plan and presentation to the City Council
4. Review and update from time to time, as necessary the financial policies
5. Be familiar with, approve, and review periodically the organization's annual budget; Ensuring that the financial elements of the City are in accord with the City Council’s Strategic Priorities
6. Set long-range financial goals along with financial strategies to achieve them
7. Develop policies and plans for financial awareness in cooperation with other public and private agencies
8. Provide recommendations to the City Council on such matters that may be referred to the City Council by the community

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Meeting Date and Location

The Tracy Finance Committee shall be held quarterly on the 2nd Monday of the first month of each quarter (January, April, July, and October) at 5:00 p.m. at City Hall in Council Chambers.

Additional meetings may be scheduled by the Committee at its discretion.

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Meeting Links

View Finance Committee Meetings on YouTube.

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Committee Members

Committee Members	Appointment Date	Term Expiration
Steve Abercrombie, Mayor Pro Tem	January 7, 2025	January 2026
Dan Evans, Council Member	January 7, 2025	January 2026

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Meeting Documents