Finance Committee

Purpose:
The Finance Committee is responsible for fiscal governance, and reviews and monitors events and issues which may affect the financial status of the City.

Committee Authorization:
Established by Resolution No. 94-110 amended by Resolution No. 2017-58, and last amended by Resolution No. 2018-71.

The City’s budget documents can be found online at newportbeachca.gov/budget.

Frequency of Meetings:
Meetings shall be held as required by the business needs of the Finance Committee on weeknights or weekdays (Monday - Thursday) at a time that is convenient for the Finance Committee and the public.

2024 Finance Committee Meeting Schedule:

*Dates and times are subject to change, please refer to the calendar link for updated information.             

Length of Term for Members:
Pursuant to Council Policy A-2 and Resolution No. 94-110 and last amended by Resolution No. 2017-58, the Mayor makes annual appointments, subject to Council confirmation. The term is indefinite for Council Members pending City Council action.

Staff Support:
Staff allocates approximately 20 hours per month to this committee. (It should be noted that the majority of the materials and reports provided to the Finance Committee are typical financial reports that would need to be produced and reviewed regardless of the Finance Committee’s existence.)

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