Associated with the page City of Brossard committees
Members
Composition
- The committee is made up of elected members and municipal employees;
- Members are appointed by resolution of the Municipal Council.
Officers
- The treasurer (secretary) or deputy treasurer;
- On request, internal and external resources can be invited to present files to the FC;
- The treasurer is responsible for administrative follow-up.
General mandate
- Carry out annual mandates assigned by the planning committee;
- Monitor the city’s financial management;
- Recommend any measures, policies or initiatives to ensure the monitoring and sound management of municipal finances;
- Recommend medium- and long-term financial and tax strategies;
- Monitor the City’s financial situation on a quarterly basis;
- Recommend, in the context of the preparation of the annual operating budget and the three-year capital expenditure program, the orientations to be favored;
- Review monthly list of cheques issued and accounts payable.
Specific mandates
- Quarterly monitoring of interim results, ITP and debt;
- Receive the auditor’s annual financial statements before they are submitted to the Board, and make any recommendations concerning the allocation of surplus earnings;
- Review five-year financial projections;
- Recommend 2023 budget guidelines, timetable and evaluate revenue scenarios;
- Monitor the work of the Longueuil agglomeration’s Budget and Finance Committee and propose orientations to the Board, as required;
- Evaluate options for deferring tax payments;
- Establish a method for allocating professional resources in regulations.
- Evaluate the potential for development royalties.
Feeting frequency
- Meetings are held at least once a quarter, or more frequently when necessary;
- Expenses are tracked on a weekly basis, either electronically or at a meeting when necessary.
Quorum
A quorum is two elected committee members.