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HomeMy WebLinkAboutCC Resolution 14259 (Measure E Commitee Annual Report)RESOLUTION NO. 14259 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL ACCEPTING THE MEASURE `E' TRANSACTIONS AND USE TAX OVERSIGHT COMMITTEE REPORT FOR FISCAL YEAR 2015-2016 WHEREAS, on November 5, 2013, the voters of San Rafael approved a Transactions and Use Tax ("Measure E"). This measure, approved pursuant to enabling Ordinance No. 1913, became effective on April 1, 2014, and established a 0.75% retail transaction and use tax for a term of 20 years; and WHEREAS, the enabling ordinance required the appointment of an independent citizen's oversight committee whose purpose is to review the collection and expenditure of tax revenues collected under the authority of this ordinance; and WHEREAS, on November 15, 2015, the Committee reviewed the City's General Fund actual financial results for fiscal year 2015-2016 for Measure E revenues and expenditures, submitted a report, and concluded in its report that Measure E funds were properly allocated and spent. NOW, THEREFORE, BE IT RESOLVED, the San Rafael City Council accepts the November 15, 2016 report from the Measure `E' Committee, a copy of which is attached hereto as Exhibit A and by this reference made a part hereof. I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the City Council of said City held on Tuesday the 17th day of January, 2017, by the following vote, to wit: AYES: COUNCIL MEMBERS: Bushey, Colin, Gamblin, McCullough & Mayor Phillips NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ESTHER C. BEIRNE, City Clerk WACouncil Material\Resolutions\2017\Measure E comm 15-16 report-reso.doc City of San Rafael Measure E Oversight Committee Report November 15, 2016 The City of San Rafael Measure E Oversight Committee met on November 15, 2016 and received a detailed report from City of San Rafael Finance Director Mark Moses on the receipt and expenditure of funds during the fiscal year July 1, 2015 to June 30, 2016 pursuant to voter approved Measure E (San Rafael Ordinance 1913). The Measure E Oversight Committee is required to review the collection, expenditure, and prioritization of the use of these funds, and report to the City Council and the community annually on the expenditures under Guidelines and Policy adopted by the San Rafael City Council. After review, the Measure E Oversight Committee finds that these funds were properly allocated in accordance with the Measure and approved guidelines. Respectfully submitted: - rl t ,I /' quelinemidt �2 Larry m ohn Erdmann to. au,4 Gladys Gillif nd "r'� ' Cyr filler