Loading...
HomeMy WebLinkAboutCC Resolution 14056 (Measure E Committee Report)RESOLUTION NO. 14056 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 2014-2015 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 10, 2015, the Committee reviewed the City's General Fund actual financial results for fiscal year 2014-2015 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 10, 2015 report from the Measure `E' Committee, a copy of which is hereby 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 19th day of January, 2016, 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\2016\Measure E comm 14-15 report-reso.doc Exhibit A City of San Rafael Measure E Oversight Committee Report November 10, 2015 The City of San Rafael Measure E Oversight Committee met on November 10, 2015 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 June 30, 2014 to June 30, 2015 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 Measure E and approved guidelines. Respectfully submitted: lfiri'/ �t acquehh a Schmidt / v - Larry Lucl�/, Zft.i aok"r A41-� John Erdmann Gladys iland Cyriller