Joint Special Council/BFPD
04/17/23 06:00 PM
City Manager Department
Maribel Hernandez
Report
Doc ID: 5336
AGENDA ITEM
AGENDA MATTER:
MEASURE Q FUND FINANCIAL REPORT FISCAL YEAR 2022-2023 - 1ST AND 2ND QUARTERS EXECUTIVE SUMMARY:
In accordance with Barstow Municipal Code Section 2.26.050, the Resident Oversight Commission will review, on a quarterly basis, the expenditures of revenues received from the 1% Local Transaction and Use Tax and prepare a financial report categorized by each city department, including the Barstow Fire Protection District.
DISCUSSION:
At the February 4, 2019, City Council meeting, the Council adopted Ordinance No. 960-2019, adopting Barstow Municipal Code Chapter 2.26 (“Resident Oversight Commission”) of Title 2 (“Administration and Personnel”) to establish a Resident Oversight Commission to review and report on expenditures of the 1% Local Transactions and Use Tax.
The Resident Oversight Commission met on March 28, 2023, and reviewed the expenditures of revenue generated by the tax imposed by Measure Q for the 1st Quarter of Fiscal Year 2022-2023 covering the period of July 1, 2022 - September 30, 2022, and the 2nd Quarter of Fiscal Year 2022-2023 covering the period of October 1, 2022 - December 31, 2022. The financial reports are attached for further reference.
FISCAL IMPACT:
N/A
RECOMMENDED ACTION:
That the City Council receive and file the Measure Q Fund Financial Reports for the 1st Quarter of Fiscal Year 2022-2023 covering the period of July 1, 2022 - September 30, 2022, and the 2nd Quarter of Fiscal Year 2022-2023 covering the period of October 1, 2022 - December 31, 2022. The financial reports are attached for further reference.