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A. Advise on short and long-term financial policy matters, including but not limited to cash <br /> reserve funds,budgets, financing, and capital replacement policies. <br /> B. Review and recommend funding strategies for the Capital Improvement Plan. <br /> C. Recommend budget goals including but not limited to spending levels,local tax rate, utility <br /> rates, and tax levy targets, for the general budget, the EDA and management of • rprise <br /> and all funds, and spending levels. <br /> D. Review and recommend standardized budget and financial reporting methods and tools to <br /> 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 /> G. Review the City's financial affairs and investment policy and portfolio and bring to the City <br /> Council any items of concern or suggested improvements. <br /> H. Perform other duties and functions or conduct studies and investigations as specifically <br /> directed or delegated by the City Council. (Ord 1481, 07 20 215)(Ord. 1522 0/1 10 <br /> 2017)(Ord. 1538 12 11 2017) <br /> SECTION 8: Effective date. <br /> This ordinance shall take effect upon its passage and publication. <br /> Passed by the City Council of the City of Roseville this day of 2024. <br /> Strikethrough indicates deleted language,underline indicates new language <br />