The Finance and Personnel Committee is responsible for preparing the community board's internal budget, presenting it to the community board for approval, and monitoring it during the fiscal year. The committee is also responsible for development and implementation of personnel and salary administration policies.
Due to the nature of its responsibilities, the committee meets on an as-needed basis.
Community Board Budget Cuts
For the first time in several years, the Fiscal Year 2012 Preliminary Budget did not propose cuts to the community boards' budgets. During his presentation of the February 2011 Financial Plan, Mayor Michael R. Bloomberg stated twice his understanding that small agencies cannot absorb budget cuts and staff reductions.