Members The committee consists of three Village Trustees, the Village Treasurer, and a Village resident, who is appointed by the Village President. The Village Manager and Finance Director serve as staff liaisons and have a non-voting status.
Overview The Administration & Finance Committee facilitates recommendations to the Village Board with regard to financial and administration matters, and provides guidance on the Village's investment activities in accordance with the Village's investment policy.
Their areas of responsibility include:
The annual operating and capital improvement budgets of the Village
The long-range financial plan
Personnel rules and regulations
Matters of intergovernmental relations
Results of the annual audit and selection of auditing firm