The Budget and Finance Committee shall be referred appropriation ordinances, and measures concerning bond issues, taxes, fees and other revenue measures, redevelopment, and real estate. The Budget and Finance Committee shall also be referred the annual appropriation and annual salary ordinances. The Budget and Finance Committee shall hold a public hearing on the Mayor's budget instructions to City Departments for each annual City budget after the instructions are released.
The Budget and Finance Committee shall be comprised of three full-time members except that beginning on March 1 of each year the Committee shall be comprised of five members and shall remain a Committee of five members until the Board of Supervisors adopts the annual appropriation and salary ordinances. Following the adoption of the annual appropriation and salary ordinances by the Board of Supervisors, the committee will be redued to the three full-time members.