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C. Recommend budget goals, including but not limited to local tax rate and tax levy targets, <br /> management of enterprise funds, and spending levels, <br /> D. Review and recommend standardized budget and financial reporting methods and tools <br /> to make financial communications and budget information more transparent, <br /> comprehensible, and accessible to the public. <br /> E. Review and recommend the annual timeline and process for creating City budgets. <br /> F. Review the annual financial information, the annual audit report and management letter, <br /> the adequacy and effectiveness of financial controls, and the city's investment policy and <br /> portfolio. <br />