65A - TAX MEASURE OVERSIGHT COM - Laserfiche WebLink

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REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: JANUARY 15, 2019 TITLE: APPROVED APPROVE PARAMETERS OF CITIZEN'S ❑ As Recommended OVERSIGHT COMMITTEE FOR MEASURE ❑ As Amended El Ordinance on 1n' Reading X ( SANTA ANA NEIGHBORHOOD ❑Ordinance on 2ntl Reading SAFETY, HOMELESS PREVENTION, AND ❑ Implementing Resolution ESSENTIAL CITY SERVICES ❑ Set Public Hearing For ENHANCEMENT MEASURE) REVENUE (STRATEGIC PLAN NO. 7,2) RECOMMENDED ACTION CONTINUED TO FILE NUMBER Approve the recommendation outlined in this report as follows: 1. By-laws and selection process of a Citizen Oversight Committee related to Measure X approved by the voters in November 2018, 2. Direct staff to prepare the draft resolution for City Council consideration. Alternative: Provide direction to staff regarding preferred by-laws, election process and related resolution. Background In November 2018, the City's voters approved Measure X (Santa Ana Neighborhood Safety, Homeless Prevention, and Essential City Services Enhancement Measure) to increase the City's sales tax rate by 1.5 cents. Measure X requires annual audits and citizens oversight. Actual ballot language follows. "To maintain effective 9-1-1 response; retaining firefighters and police officers, addressing homelessness, fixing streets, maintaining parks, youth and senior services, and unrestricted general revenue purposes; shall the sales tax be increased one and one half (1.5) cents until 2029 providing approximately $60 million dollars annually, then reduced to one (1) cent providing approximately $40 million dollars annually, until 2039, requiring annual audits, citizens oversight and for Santa Ana use only?" [emphasis added] The City currently contracts with a firm of independent certified public accounts to perform an annual financial statement audit, which will include the new revenue deposited into the City's General Fund. 65A-1