A. The Ways & Means Commission shall make recommendations to and advise the Board of Aldermen on such matters as taxes, the annual budget, appropriation of public funds, investment and depositories of City funds and long-range planning for the City.
B. The Commission should assist the Board of Aldermen as financial stewards of the community and shall provide professional financial recommendations to the City with the purpose of maintaining the City as a premier community in St. Louis.
C. The Commission shall assist the Board of Aldermen, City staff and other City commissions in promoting, attracting, retaining and developing businesses and other commercial and economic resources and evaluating the long-term impact on City finances of changes in the mix of businesses and other commercial enterprises and resources.
D. The Commission shall make recommendations to and advise the Board of Aldermen on such matters as employee benefits and retirement as well as all property, liability and other insurance coverages.
E. Consult with City Administrator on administrative functions relating to or impacting financial matters.