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HomeMy WebLinkAboutCC Resolution 14473 (Measure E Oversight Committee Report) RESOLUTION NO. 14473 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 2016-2017 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 January 8, 2018, the Committee reviewed the City’s General Fund actual financial results for fiscal year 2016-2017 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 January 11, 2018 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, LINDSAY LARA, 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 Monday the 5th day of March 2018, by the following vote, to wit: AYES: COUNCILMEMBERS: Bushey, Colin, Gamblin, McCullough & Mayor Phillips NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None ____________________________________ LINDSAY LARA City Clerk City of San Rafael Measure E Oversight Committee Report Jan 11, 2018 The City of San Rafael Measure E Oversight Committee met on January 08, 2018, 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, 2016 to June 3D, 2017 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: ---- John Erdmann 1a~~(?r~ Gladys Gill! nd