§5A-1-4. Council of finance and administration.
(a) The council of finance and administration is hereby
created and shall be composed of eleven members, five of whom shall
serve ex officio and six of whom shall be appointed as herein
provided. The ex officio members shall be the secretary of the
department of administration, the secretary of revenue, the
attorney general or his or her designee, the state treasurer or his
or her designee and the state auditor or his or her designee; such
designees being authorized voting ones. From the membership of the
Legislature, the president of the Senate shall appoint three
senators as members of the council, not more than two of whom shall
be members of the same political party, and the speaker of the
House of Delegates shall appoint three delegates as members of the
council, not more than two of whom shall be members of the same
political party. Members of the council appointed by the president
of the Senate and the speaker of the House of Delegates shall serve
at the will and pleasure of the officer making their appointment.
The secretary of administration shall serve as chairman of the
council. Meetings of the council shall be upon call of the
chairman or a majority of the members thereof. It shall be the
duty of the chairman to call no less than four meetings in each
fiscal year, one in each quarter, or more often as necessary, and
all meetings shall be open to the public. All meetings of the
council shall be held at the capitol building in a suitable
committee room which shall be made available by the Legislature for such purpose: Provided, That the second quarterly meeting in each
fiscal year shall be held in November and shall be a joint meeting
with the joint committee on government and finance of the
Legislature called jointly by the president of the Senate, speaker
of the House of Delegates and secretary of administration.
(b) The council shall serve the department of administration
and the director of the budget in an advisory capacity for purposes
of reviewing the performance of the administrative and fiscal
procedures of the state, including the oversight of all federal
funds, and shall have the following duties:
(1) To advise with the director of the budget in respect to
matters of budgetary intent and efficiency, including the budget
bill and budget document detail and format;
(2) To advise with the secretary and the director of the
budget concerning studies of government and administration
concerning fiscal policy as it considers appropriate;
(3) To advise with the secretary and the director of the
budget in the preparation of studies designed to provide long-term
capital planning and finance for state institutions and agencies;
and
(4) To advise with the secretary and the director of the
budget in respect to the application for, and receipt and
expenditure of, anticipated or unanticipated federal funds.
(c) The appointed, nonex officio members of the council shall
be entitled to receive compensation and reimbursement for expenses in connection with performance of their duties, during interim
periods, if not otherwise receiving the same for identical periods,
as is authorized by the applicable sections of article two-a,
chapter four of the code in respect to performance of duties either
within the state or, if necessary, out of state. Compensation and
expenses shall be incurred and paid only after approval by the
joint committee on government and finance.