Item 453/2024
Final
City of Garden Grove
INTER-DEPARTMENT MEMORANDUM
To:
Lisa L. Kim From: Patricia Song
Dept:
City Manager Dept: Finance
Date: 11/12/2024
Subject: Receive and File Measure O Citizens’ Oversight Committee Annual Report for Fiscal Year 2023-24. (Action Item)
OBJECTIVE
For the City Council to receive and file the Measure O Citizens’ Oversight Committee Annual Report for Fiscal Year 2023-24.
BACKGROUND
Resolution No. 9540-19, titled “A Resolution Defining the Composition of the Measure O – Citizens’ Oversight Committee, Purpose, Terms of Office for Committee Members, the Scope of the Committee’s Responsibilities and Other Related Matters” requires a report be presented by the Committee to the City Council annually. This annual report is to summarize the Committee’s activities during the year, and communicate the Committee’s findings in regards to the City’s audited financial information and General Fund budget/CIP plan in regards to the Measure O revenue received and corresponding appropriation within the reporting period.
DISCUSSION
The attached Measure O Citizens’ Oversight Committee Annual Report discussed the following items:
The Committee’s proceedings and activ ities during Fiscal Year 2023 -24 with focuses on:
o Audited Fiscal Year 2022-23 annual financial information; o Adopted Fiscal Years 2023-2025 biennial budget for the General Fund; and o Fiscal Year 2023-24 mid-year General Fund financial performance.
The Committee’s findings and recommendations.
The Committee concluded that the audited FY2022 -23 financial information reflected the appropriate collection and use of the Measure O – Public Safety and Vital City Services tax during the year, and the City’s adopted FY2023-2025 biennial budget for the General Fund Item 453/2024
and the five -year Capital Improvement Plan protected and maintained the City’s core services.
FINANCIAL IMPACT
There is no fiscal impact to receive and file the Measure O Citizens’ Oversight Committee annual report.
RECOMMENDATION
It is recommended that the City Council receive and file the Measure O Citizen s’ Oversight Committee Annual Report for Fiscal Year 2023-24.
ATTACHMENT(S)
Measure O Citizens’ Oversight Committee Annual Report for Fiscal Year 2023-24.