South Bethany

Budget & Finance Committee (B&F)

Mission & Purpose

The purpose of the Budget and Finance Committee is to provide assistance and guidance to the Town Manager and staff leading to the development, drafting and review of the Town’s annual budget and the overall financial management processes. In addition, the Budget and Finance Committee provides the Town Council assistance, guidance and recommendations on financial issues and policies.

The Town of South Bethany’s Budget & Finance Committee was formed to receive community input and work with the Town Manager, Finance Director and Town Council on budget and financial matters. The Town Council Treasurer chairs the committee. The committee is involved with:

1. Reviewing monthly and year-to-date financial performance,
2. Presenting financial results monthly to the Town Council,
3. Reviewing proposals as they may affect the Town’s budget and finances,
4. Reviewing and participating in the annual budget preparation process,
5. Participating in the annual audit by the Town’s Independent Auditor,
6. Investigating financial alternatives that could affect the town’s financial well-being,
7. Reviewing fee and fine schedules, and
8. Ensuring that the Town’s budget and financial activities are consistent with the Town’s Charter.

The committee is to be made up of at least one Council Member, the Treasurer, the Town Manager and the Finance Director (ad hoc members), and up to seven South Bethany property owners. Currently the committee members include:

• Don Boteler, Treasurer and Town Council Member
• Steve Farrow, Property Owner
• Christine Keefe, Property Owner
• Joe Mormando, Property Owner
• Maureen Hartman, Town Manager
• Renee McDorman, Finance Director

Budgets:

• FY2020Budget.4.12.19Approved
• FY2020 CAPITAL IMPROVEMENT4.12.19APPROVED

• FY2019budgetfinal.adopted.4.13.18.pdf
• FY 2018 Budget Approved April 7, 2017.pdf
• FY 2017 Budget – Adopted April 8, 2016.pdf
• FY 2016 Budget – Adopted April 10, 2015.pdf

Audits:

• FY 2018 Audit
• FY 2017 Audit.pdf
• FY 2016 Audit.pdf

Upcoming Meetings:

Past Meetings:

• Budget and Finance Committee Meeting - 10/29/2019
• Budget and Finance Committee Meeting - 07/16/2019
• B & F Committee Meeting - 02/26/2019
• B&F Committee Meeting - 02/12/2019
• Budget & Finance Committee Meeting - 01/24/2019
• Budget & Finance Committee Meeting - 11/15/2018
• Budget & Finance Meeting - 09/14/2018
• Long Range Planning Ad Hoc Committee Meeting - 08/21/2018
• Budget & Finance Committee Meeting – CANCELED - 07/10/2018
• Budget & Finance Committee Meeting - 07/10/2018
• Budget & Finance Committee Meeting - 02/13/2018
• Budget & Finance Meeting - 01/25/2018
• Budget & Finance Committee Meeting - 11/29/2017
• Budget & Finance Committee Meeting - 10/26/2017
• Budget & Finance Committee Meeting - 06/19/2017
• Budget & Finance Committee Meeting - 03/13/2017
• Budget & Finance Committee Meeting - 02/13/2017
• Budget & Finance Committee Meeting - 01/27/2017
• Budget & Finance Committee Meeting - 01/25/2017
• Budget & Finance Committee Meeting - 12/05/2016
• Budget & Finance Committee Meeting - 12/05/2016
• Budget & Finance Committee Meeting - 11/14/2016
• Budget & Finance Committee Meeting - 11/14/2016
• Budget & Finance Committee Meeting - 08/02/2016
• Budget & Finance Committee Meeting - 08/02/2016
• Budget & Finance Committee Meeting - 05/13/2016
• Budget & Finance Committee Meeting - 05/13/2016
• Budget & Finance Committee Meeting - 04/08/2016
• Budget & Finance Committee Meeting - 03/11/2016
• Budget & Finance Committee Meeting - 02/12/2016
• Budget & Finance Committee Meeting - 02/05/2016
• Budget & Finance Committee Meeting - 01/15/2016