HomeMy WebLinkAbout067-O-23 Amending Title 2, Chapter 20, “Finance and Budget Committee” to Amend Member Terms07/17/2023
67-O-23
AN ORDINANCE
Amending Title 2, Chapter 20, “Finance and Budget Committee” to
Amend Member Terms
WHEREAS, in September of 2021, the Evanston City Council established
the Finance and Budget Committee to consider matters relating to the bills, budget and
financial reporting of the City of Evanston; and
WHEREAS, the current membership includes eight members, including
five Councilmembers and three Evanston residents with financial expertise; and
WHEREAS, the Finance and Budget Committee has an extremely
demanding learning curve to gain and understand the City’s budget process and
financial accounting practices; and
WHEREAS, the Evanston City Council has determined it is in the best
interest of the City to extend the terms of the Evanston resident members to four and
five year terms to stager the membership and allow for two consecutive terms; and
WHEREAS, the Evanston City Council has also determined it is in the
best interest of the City to extend the term of the Councilmembers to align with their
election cycle as is standard with other committee appointments.
NOW BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS, THAT:
SECTION 1: Title 2 of the Evanston City Code of 2012, as amended
(“City Code”), is hereby amended as follows:
CHAPTER 20 – FINANCE AND BUDGET COMMITTEE.
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2-20-1. - PURPOSE.
The City Council establishes a Finance and Budget Committee to consider
matters relating to bills, budgets, financial reporting and management, investments,
rating agencies, police and fire pension boards, and the funding of capital improvements
and other long term obligations.
2-20-2. - MEMBERSHIP.
The Committee consists of no more than eight (8) members who serve without
compensation. The members must include the following:
A. A maximum of five (5) Councilmembers; and
B. Three residents of Evanston with financial expertise. “Financial expertise” shall
mean individuals who have held finance positions for at least two (2) years.
2-20-3. – TERM.
Councilmembers shall serve staggered two-year terms, with members changing in May
with the option to extend as needed are assigned by the Rules Committee to four-year
terms coinciding with the election term. The three (3) resident members shall serve two
(2) staggered four (4) or five (5) year terms with the option to extend as needed to be
reappointed one (1) time, or two (2) consecutive terms. Resident members may serve
for not more than two (2) full terms.
2-20-4. – POWERS AND DUTIES.
A. Perform a monthly in-depth review of the financial performance of the City
and its departments, including City revenue projections and actuals;
B. Propose goals for the annual and long-range budget process (internal and
community based);
C. Provide a forum to develop more transparent reporting and budgeting process
(i.e. having a public meeting for community participation outside of council);
D. Review/monitor the finances/budget and continuous improvement goals of
City operations and policies;
E. Recommend funding for City Pensions (including debt issuance) and the
Capital Plan; and
F. Propose financial budgeting policies for adoption by the City Council.
SECTION 2: All ordinances or parts of ordinances in conflict herewith are
hereby repealed.
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SECTION 3: If any provision of this ordinance or application thereof to
any person or circumstance is held unconstitutional or otherwise invalid, such invalidity
shall not affect other provisions or applications of this ordinance that can be given effect
without the invalid application or provision, and each invalid provision or invalid
application of this ordinance is severable.
Introduced:_________________, 2023
Adopted:___________________, 2023
Approved:
__________________________, 2023
_______________________________
Daniel Biss, Mayor
Attest:
_______________________________
Stephanie Mendoza, City Clerk
Approved as to form:
_______________________________
Alexandra B. Ruggie, Interim Corporation Counsel
July 17
August 28
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August 30