Financial Advisory Commission

Print
Press Enter to show all options, press Tab go to next option

The Investment Advisory Board (IAB) was established in 1993,  had a name change in 2017 to the Financial Advisory Commission (FAC), is coordinated by the Finance Department (760) 777-7150, and is comprised of seven members appointed by the City Council. The FAC regularly scheduled meetings are the 2nd Wednesday of each quarter at 4:00 p.m. The principal functions of the board are: (1) review at least annually the city's investment policy and recommend appropriate changes; (2) review monthly treasury reports and note compliance with the investment policy and adequacy of cash and investments for anticipated obligations; (3) receive and consider other reports provided by the city treasurer; (4) meet with the independent auditor after completion of the annual audit of the city's financial statements, and receive and consider the auditor's comments on auditing procedures, internal controls, and findings for cash and investment activities; (5) review annually the revenue derived from the one percent (1%) transactions and use tax instituted by voters in November 2016 to ensure these funds are used to provide services, programs and capital projects in the City of La Quinta, and (6) serve as a resource for the city treasurer on matters such as proposed investments, internal controls, use of change of financial institutions, custodians, brokers and dealers.

For more information about the FAC contact us at finance@la-quinta.org or (760) 777-7150.

For a list of Current Commissioners, click here.

The Minutes for the FAC meetings will not be available until they have been approved at the next regular meeting.

The meeting agendas are typically available not less than 72 hours prior to each meeting and may be downloaded by clicking on one of the Event links below.  The City reserves the right to make changes to the order of items listed on the agenda.

For signed copies of staff reports, as well as any accompanying attachments, you may contact the Finance Department at (760) 777-7150 or finance@la-quinta.org 


FOR AGENDAS FOR CURRENT MEETINGS, GO TO THE CALENDAR 

Free viewers are required for some of the attached documents.
They can be downloaded by clicking on the icons below.

Acrobat Reader Flash Player QuickTime Windows Media Player Microsoft Silverlight Word Viewer Excel Viewer PowerPoint Viewer
EventDate/TimeAudio/Video
11/15/2017 4:00 PM Not Included
08/09/2017 4:00 PM Not Included
06/12/2017 4:00 PM Not Included
05/10/2017 4:00 PM Not Included
11/09/2016 4:00 PM - 5:30 PM Not Included
08/10/2016 4:00 PM - 5:30 PM Not Included
03/11/2015 4:00 PM Not Included
12/10/2014 4:00 PM - 5:00 PM Not Included
11/12/2014 4:00 PM Not Included
10/08/2014 4:00 PM Not Included
09/10/2014 4:00 PM Not Included
08/13/2014 4:00 PM Not Included
07/09/2014 4:00 PM Not Included
06/11/2014 5:00 PM Not Included
05/14/2014 5:00 PM Not Included
04/09/2014 5:00 PM Not Included
03/12/2014 5:00 PM Not Included
02/12/2014 5:00 PM Not Included
01/08/2014 5:00 PM Not Included
12/11/2013 5:00 PM Not Included
« First « Prev | 1 | 2 | 3 | 4 | 5 | Next » Last » 1 - 20 of 99 items