Debt Review Committee2001 South State Street N2-930Salt Lake City, UT 84190385 468-7200/ Email
The purpose of the Debt Review Committee is to review all debt proposals which anticipate that repayment will occur beyond one fiscal year, and to make recommendations regarding the proposed debt to the County Mayor, and the County Council prior to the debt obligation being incurred. The Committee may also review operating revenue and expenditure projections, as well as other financial information deemed necessary in evaluating debt proposals for capital projects.
Debt Review Ordinance
Please send your agenda items to the committee
Regular meetings of the Debt Review Committee are generally held on the last Wednesday of each month at 2:00 pm in the Auditor's Office conference room. Additional meetings will be scheduled as needed.
The next scheduled Debt Review Committee meeting will be on:
Wednesday, May 31, 2017 at 2:00 PM - Auditor's Office conference room N3-300.
The committee shall be composed of eight members consisting of the mayor’s chief administrative officer, the mayor’s chief financial officer, one member of the council chosen by the council, the council budget director, two members of the county auditor’s office designated by the county auditor, the county treasurer or designee, the district attorney or designee.
District Attorney’s Office
The chair of the committee shall be rotated annually among the members representing the county auditor, district attorney and county treasurer. The county’s financial advisor shall serve as a non-voting, ex-officio member of the committee. (Ord. 1527 § 1 (part), 2004) The table below shows the proposed rotation schedule for thru 2020.