Finance & Investment Committee

Regular Meeting

  • 4:00 p.m.
  • The 1st Monday of the month
  • City Council Chambers

Agendas & Minutes

Agendas are available prior to the meetings. Minutes are available following approval.
View Most Recent Agendas and Minutes


Council Liaisons: Gary Waldeck and John Radford
  • Allan Epstein (Vice-Chair)
    Term Expires: October 2020
  • Kjell "Shell" Karlsson
    Term Expires: September 2019
  • Betty Kayton
    Term Expires: September 2019
  • Susan Mason
    Term Expires: April 2020
  • Christopher Nam 
    Term Expires: May 2020
  • Stanley Mok
    Term Expires: September 2017
  • Bill Silver
    Term Expires: February 2018
  • Roddy Sloss (Chair)
    Term Expires: September 2019
  • Chris Welborn
    Term Expires: March 2018
Associate Members
  • Jim Lai
  • Frank Lloyd

Committee Overview

The membership of this Committee shall consist of a minimum of 5 and a maximum of 9 members. The Mayor and Vice Mayor shall serve as non-voting Council liaisons. Members shall meet at least 1 of the following qualifications:
  • Five years accounting and financial experience in a public corporation, municipal government or privately held business
  • Financial officer of a public corporation with five years experience
  • Investment officer of a F.D.I.C. member institution with 5 years experience
  • Money manager who specializes in corporate or government agency issues with a minimum of 5 years experience
  • Five years experience in investment banking, venture capital and/or general management
The Finance and Investment Committee currently has 9 members. Five members are required for a quorum.
(updated: 2/24/2017)


The charges to and duties of this committee shall be to:
  • Serve as an advisory body to the City Council on financial and investment matters
  • Assist in the development of 5-year capital budgets and revenue projections
  •  Review the annual budget and make recommendations to the City Council
  • Review the annual audit and make recommendations to the City Council
  • Study all fiscal issues and recommend possible improvements and economies
  • Recommend investments to protect capital, provide adequate liquidity and generate market returns. All such recommendations shall be approved by the City Council. The City Manager shall execute any approved investment decisions