HomeMy WebLinkAboutCC Resolution 13846 (Measure E Annual Report)RESOLUTION NO. 13846
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN
RAFAEL ACCEPTING THE MEASURE 'E'TUT OVERSIGHT
COMMITTEE REPORT FOR FISCAL YEAR 2013-2014
WHEREAS, on -.N overnber 5, 2013, ), the voters of San Rafael approved a Transactions and
Use Tax ("Measure E-). This measure, which became effective April 1, 2014, and amended the San
Rafael Municipal Code to establish a 0.751/6 retail transaction and use tax for a term of 20 years; and
WHEREAS, the enabling ordinance terminated the existing 0,50% Transactions and Use
Tax (Measure -S") as of March 31, 2014; and
WHEREAS, the enabling ordinance required the appointment of an independent citizen's
oversight committee whose purpose is to review the coltection and expenditure of tax revenues
collected Linder the authority of this ordinance: and
WHEREAS, on November 3. 2014, the Committee met and reviewed the City's General
Fund actual financial results for fiscal year 2013-2014 for Measure S revenues, and concluded in its
report that Measure S funds were appropriately allocated, thus completing the responsibilities
assumed from the dissolved N.-leasure S Oversight Committee: and
WHEREAS, on November 3, 2014. the Committee also reviewed the City's General Fund
actual financial results for fiscal year 2013-2014 for Measure E revenues. and concluded in its
report that Measure E funds were properly allocated.
NOW, THEREFORE, BE IT RESOLVED, the San Rafael City Council accepts the November 3,
2014 report from the Measure 'E' Committee., a copy of which is hereby attached hereto as Exhibit
A and by this reference made a pail hereof.
1, 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 Monday the I st day of December, 2014, by the following vote, to wit:
AYES: COUNCIL MEMBERS: Bushey, Colin, Connolly. MCCUllough & Mayor Phillips
NOES: COUNCIL Nll.-.'vlBERS: None
A B S LNT: COUNCIL MEMBERS: None
ESTHER C. BEIRNE, City Clerk
City of San Rafael
Measure E TUT Oversight Committee Report
The City of San Rafael Measure E Oversight TUT Committee met on November 3,
2014 and:
1) received a report from City of San Rafael Finance Director Mark Moses on the
receipt and expenditure of funds under the predecessor TUT Measure S during
fiscal year 2013-2014, and came to the determination that the conclusions in the
Measure S Oversight Committee's Report of Jan 9, 2014 that these funds were
properly allocated in accordance with the guidelines for Measure S funds are still
valid. This report completes the oversight work which was required of the Measure
S Committee.
2) received another report from Mark Moses on the receipt and expenditure of
funds under Measure E during fiscal year 2013-2014 (this measure was effective in
April 1, 2014). $2,672,002 in collections were received and went into the General
Fund. Of this amount, $891,000 was assigned to the Public Safety Facilities Reserve,
established for the purpose of public safety facility planning, construction and major
improvements. No monies were expended from this Reserve during fiscal year
2013-2014. This Committee finds that the Measure E revenues received during
fiscal year 2013-2014 were thus allocated in accordance with Measure E.
Respectfully submitted:
Jacqueline Schraidt'
--Larrk-Wcklyarn
John Erdmann
Gladys Gil,filand
Cyr Miller