 Council members' duties include enacting local legislation (ordinances), adopting budgets, determining policies, and appointing the City Manager and City Secretary.According to the city's 2010 Comprehensive Annual Financial Report, the city's various funds had $227.2 million in revenues, $184.4 million in expenditures, $1,647.0 million in total assets, $753.1 million in total liabilities, and $159.3 million in cash and investments.The city of Frisco is a voluntary member of the North Central Texas Council of Governments association, the purpose of which is to coordinate individual and collective local governments and facilitate regional solutions, eliminate unnecessary duplication, and enable joint decisions.