Financial Advisory Board
Composition of the Financial Advisory Board
- Seven (7) members of which at least six (6) are City residents. One member shall be employed in the finance industry; one member shall be employed by the tour ism industry; and one member may be a non-resident, but shall own or be employed by a business within the City.
Powers and Duties of the Financial Advisory Board(as defined in Title 020 of the Glenwood Springs Municipal Code);
(d) Powers and Duties of Finance Advisory Board.
The Financial Advisory Board shall advise and assist the City Manager and Finance Director in the preparation of the City budget, the establishment of accounting systems for the City, the planning of expenses, the projection of revenues and the analysis of the other fiscal matters presented to the Board by the City Council. The Financial Advisory Board shall also be responsible for making recommendations to City Council regarding grants from the City's various grant programs as Council may establish from time to time. No decision of the Financial Advisory Board shall be binding upon the City or anyone acting on its behalf.