Financial Advisory Council

Regular Meetings

• The next meeting of the New Castle County Financial Advisory Board (NCCFAC) is scheduled for Tuesday, February 8, 2022, at 8:15 a.m. This meeting will be held virtually via Microsoft Teams (see below). 
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The date for the following meeting is decided at each meeting. Unless otherwise stated, all meetings are held in the location below:

New Castle County Government Center
Large Executive Conference Room
Second Floor
87 Reads Way
New Castle, DE 19720

Agendas

NCCFAC meeting agendas will be posted here.

• NCCFAC 10/26/21 Agenda (PDF)
• NCCFAC 05/11/21 Agenda (PDF)
  

View archived NCCFAC meeting agendas.

Minutes

NCCFAC meeting minutes are approved at the next scheduled meeting and will be posted here once approved.

• NCCFAC 05/11/21 Meeting Minutes (PDF)
• NCCFAC 02/09/21 Meeting Minutes (PDF) 

View archived NCCFAC meeting minutes.

Meeting Handouts

Handouts distributed and reviewed at each NCCFAC meeting will be posted here.

• NCCFAC 10/26/21 Meeting Handouts (PDF)
• NCCFAC 05/11/21 Meeting Handouts (PDF)

View archived NCCFAC meeting handouts.

Memoranda to Executive and Council

Revenue forecasts reviewed by NCCFAC will be posted here.

• NCCFAC 10/26/21 Meeting Memorandum (PDF)
• NCCFAC 05/11/21 Meeting Memorandum (PDF)
  

View archived memoranda to Executive and Council.

Annual Reports

NCCFAC Annual Reports will be posted here.

• NCCFAC 2020 Annual Report (PDF)
• NCCFAC 2019 Annual Report (PDF)
• NCCFAC 2018 Annual Report (PDF)
• NCCFAC 2017 Annual Report (PDF)

Members

• Mark Oller, Chair
• Kayode Abegunde
• Michael Butler
• Rich Davis
• Jill Floore
• Edward Milowicki
• Richard Schneider
• Ronald Simms
• William Smith
  
  

Council Responsibilities

The New Castle County Financial Advisory Council is a nine-member board that meets at least three times annually and otherwise as determined by the chairperson. The purpose of the board is to advise the county executive, county council, and chief financial officer regarding current and projected economic conditions and trends, particularly as they affect New Castle County.

Membership Requirements

Members shall possess the ability to review, comprehend, and comment upon financial data and project future revenue and expenditures based on available data relevant to past trends and the current economic environment.

No more than three of the members appointed by the county executive or county council shall be of the same political party. Council and the executive may each appoint no more than one representative from New Castle County government.

Related Ordinances

Ordinance 08-012 (PDF)
Ordinance 08-027 (PDF)
Ordinance 17-015 (PDF)