Finance and Monitoring Committee | Hamilton City Council

The Finance and Monitoring Committee is responsible for monitoring Council’s current financial strategy, and financial performance against the Long Term Plan and Annual Plan. As well as determining financial matters within its delegations and Terms of Reference and making recommendations to Council on financial matters outside its authority.

Chair	Councillor Maxine van Oosten
Deputy Chair	Councillor Moko Tauariki
Members	The Mayor and all Councillors
Frequency	Two monthly
Quorum	A majority of members (including vacancies)

The Finance and Monitoring Committee:

Provides direction on Council’s financial strategy and monitor performance against that strategy.
Monitors Council’s financial performance against the Council’s Long Term Plan and the impact of the financial performance on services levels and rate payers’ value.
Monitors Council’s capital expenditure against the Council’s Long Term Plan.
Monitors Council’s service delivery performance as outlined in the Council’s Long Term Plan.
Develops and monitor policy related to the following matters:
- financial management;
- revenue generation; and
- procurement and tendering.
Monitors the probity of processes relating to policies developed by the Finance and Monitoring Committee.
Provides clear direction to the Local Government Funding Agency on Council’s expectations, including feedback on the draft statements of intent.
Receives six-monthly reports from the Local Government Funding Agency.