South Tahoe creating community fiscal committee

By Kathryn Reed

South Lake Tahoe wants the public’s help when it comes to money matters.

slt logoThe City Council this month agreed to create a Fiscal Sustainability Committee. Councilmembers Claire Fortier and Bruce Grego were not at the March 15 meeting.

“In these economic and fiscally challenging times many local governments are seeking to increase public engagement in fiscal matters,” the staff report says. “This approach not only benefits local government by better utilizing the expertise of its citizens, and increasing the diversity of ideas, but also improves the overall transparency in areas such as budgeting and financial management.”

The goal is six or eight people from the community will be appointed to the committee at the April 19 meeting.

In the past the council has had a budget committee made up of the mayor and mayor pro tem. That committee will be blended into the larger community committee. Hal Cole and Claire Fortier will represent the council.

City Manager Tony O’Rourke and Finance Director Christine Vuletich will represent city staff.

Councilman Tom Davis said this would be a good bridge. He mentioned Alice Jones, who works for the Tahoe Keys Property Owners Association and ran for council last fall, as a potential committee member. (TKPOA is a separate entity from the rental agency Davis is affiliated with.)

No criteria have been set for applicants. Nor do they have to reside in the city. The council will make the appointments, with a majority of three councilmembers having to approve each person.

Meetings will be subject to California’s open meeting laws, so they will all be open to the public. The plan is the committee would meet at least eight times a year. Issues likely to be addressed include: operating budget development, capital improvement program budget development, long-term financial planning, investment management, debt issuance, pension and health plans, enterprise funds, revenue enhancement and diversification, financial reporting and independent audits, and internal controls.

Applications for the committee may be obtained at city offices at the Lake Tahoe Airport or by calling (530) 542.6004. The deadline to apply is April 12 at 5pm.