Approve an Amended Work Plan for the Finance Advisory Committee. Item Number: C 2 City of Culver City California Agenda Item Report Meeting Date: 03/23/2015 CITY COUNCIL AGENDA ITEM: Approve an Amended Work Plan for the Finance Advisory Committee. Contact Person/Dept.: Jeff Muir Finance Department Fiscal Impact: Yes No X Public Hearing: Commission Action Required: Yes No X Date: _________ Public Notification: (Email) Meetings and Agendas City Council (03/18/15); (Email) Ongoing Topics Fiscal and Budget Issues (03/18/15) Department Approval: Jeff Muir (03/12/15) Chief Financial Officer Approval: Jeff Muir (03/12/15) City Attorney Approval: Carol Schwab (by H. Baker) (03/13/15) City Manager Approval: John M. Nachbar (03/18/15) General Fund: Yes No Action Item: Attachments: X Phone Numbers: (310) 253 5865 RECOMMENDATION: Staff recommends the City Council approve the Amended Work Plan for the Finance Advisory Committee (FAC). BACKGROUND: Pursuant to Section III(B) of the Finance Advisory Committee Bylaws the Committee s approved Work Plan may be amended from time to time with City Council approval. On November 10 2014 the City Council directed the FAC to review a policy for City support of special events for City Council consideration. Since the time of the request the FAC has created an ad hoc Special Events Policy Review subcommittee and has begun researching and preparing recommendations to be submitted to the City Council. During the March 9th Special Meeting of the City Council it was brought to the attention of the Council that although the task of reviewing the special event sponsorship policy had been initiated the item had not been formalized as part of the FAC s Work Plan. At the direction of the City Council this item is being brought forth for approval to amend the Finance Advisory Committee Work Plan. DISCUSSION: The City Council approved the Work Plan document as recommended by the FAC at the September 22 2014 meeting as follows: City of Culver City Califo...
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