Title
Staff Report for Resolution Approving the Measure HH Citizens Oversight Committee's Annual Report on Measure HH Sales Tax for Fiscal Year 2014-15
Staffreport
SUMMARY AND RECOMMENDATIONS
On November 4, 2014, Measure HH half cent sales tax was approved by more than 60% of voters. The ballot language assured voters that Measure HH receipts, which expire March 31, 2045, would provide revenues to cover vital City services, be subject to annual audits and reviewed by a citizens oversight committee, see Table 1 on Attachment A.
Measure HH replaces Measure Z effective April 1, 2015. The table above reflects the pre-Measure Z cost cutting proposals which were avoided due to the passage of Measure Z and Measure HH.
This report is scheduled for presentation to the San Leandro City Council on December 7, 2015.
BACKGROUND
On November 4, 2014, Measure HH half cent sales tax was approved by more than 60% of voters. The ballot language assured voters that Measure HH receipts expire March 31, 2045, are subject to annual audits, and are reviewed by a citizens oversight committee.
On July 6, 2015, the City Council passed a resolution authorizing the creation of the Measure HH Citizens Oversight Committee. City Council defines the scope of responsibility and duties of the Oversight Committee to include developing an annual report on the following:
* Amounts of Transaction and Use Tax revenue generated by Measure HH
* Use of the tax revenue and the impact on the City operating budget including a
statement on the impact of the revenue in reducing the amount of cuts resulting from addressing the budget shortfall
* Statement of expenditures funded by Measure HH revenues
* Impacts of Measure HH on local business competitiveness and the collection of Sales Tax revenues
* Measure HH public information and transparency efforts
* Participation in developing a revenue sustainability plan and strategy
During FY 2014-15, the City accrued three mont...
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