board-of-finance.baltimorecity.govBoard of Finance | Board Of Finance
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board-of-finance.baltimorecity.gov
Maindomain:baltimorecity.gov
Title:Board of Finance | Board Of Finance
Description:City Charter The Board of Finance is established under Article VII Section 19-21 of the City Charter.
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Skip to main content Board Of Finance Citywide Search Close Enter terms Search Subscribe News Online Payments How Do I? 311 Services Government Directory Events Office of the Mayor Connect Board Of Finance Menu Show Filters Board of Finance City Charter The Board of Finance is established under Article VII Section 19-21 of the City Charter. Composition The Board consists of five members: the Mayor, Comptroller, and three private citizens who shall be appointed, and confirmed by the City Council, and shall serve, pursuant to Article IV, Section 6. None of the members serving on the Board receive any additional salary for such membership. The Mayor shall serve as the President of the Board. The Mayor may designate a representative to represent the Mayor in the Mayor’s absence. In that event, the Board’s Vice President shall exercise the powers of the Board President. Board Members: Hon. Bernard C. "Jack" Young – President Hon. Joan M. Pratt Larry I. Silverstein - Vice President Frederick W. Meier, Jr. Dana C. Moulden Powers And Duties As delineated in the City Charter, the Board of Finance has the following responsibilities: Authorizes and issues certificates of indebtedness of the City and determines all matters pertaining to the issuance and sale of certificates of indebtedness. Selects all depositories for City Funds. Fixes the nature, amount, and the proper custodian of the security to be given by any such institution(s) for the faithful performance of its obligations for deposits or collections. The Board is the only body that has the authority to issue temporary loans consistent with the Charter and is empowered to authorize the issue of negotiable, or non-negotiable, obligations of the City, including promissory notes. The Board reviews the six year capital improvement program and first year capital budget as recommended by the Planning Commission and reports its recommendations to the Board of Estimates. Oversees all City trust accounts Reviews all City investments and other matters related to debt. Designates a clerk to the Board who shall keep its accounts and a record of its proceedings. Meeting Schedule The Board of Finance typically meets the fourth Monday of the month at 3pm in Room 7, 200 Holliday Street Baltimore, MD 21202. The schedule is subject to change and interested parties should contact the Bureau of Treasury Management at 410-396-4750 for the latest details. Public Information Act Requests The agency head or executive director is the custodian of the records for this entity. You may contact Steve Kraus, 100 N. Holliday Street, Room, Baltimore, MD 21202, 410-396-4676 or [email protected] about requesting records from this entity. Close Main Menu Overview Documents & Reports Back to Government Listing Contact Information Bureau of Treasury Management 200 Holliday Street Room 7 Baltimore , MD 2102 (410) 396-4750 City of Baltimore City Hall - Room 250 100 N. Holliday St, Baltimore, MD 21202 City Operator: (410) 396-3100 Privacy Policy Terms of Use Contact Name * Email * Message * Leave this field blank Send Copyright © 2018 City of Baltimore All Rights Reserved....
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