BLUE FOLDER ITEM
Blue folder items are additional back up material to administrative reports and/or public comments received after the printing and distribution of the agenda packet for receive and file.
CITY COUNCIL MEETING
SEPTEMBER 3, 2024
P.1 DISCUSSION AND POSSIBLE ACTION REGARDING A CHARTER AMENDMENT
PERTAINING TO THE DUTIES OF THE CITY TREASURER AND DIRECTION TO STAFF TO PREPARE A BALLOT MEASURE FOR THE MARCH 4, 2025 ELECTION REFLECTING THE
PROPOSED AMENDMENT
• SAMPLE MUNICIPAL ORDINANCE DELEGATION OF FINANCIAL DUTIES • POWERPOINT PRESENTATION
PROPOSED CHARTER
AMENDMENT FOR THE
DUTIES OF REDONDO BEACH
CITY TREASURER
BACKGROUND
• A 2005 City Council Budget adoption transferred personnel and their responsibilities from the City Treasurer’s office to the Financial Services Department. • This action moved the tactical functions outlined in the City Charter item(s) 11.1 A-F from City Treasurer to the City Financial Services Department. • In 2014 the City Treasurer’s office was modified by Charter Amendment, becoming a part time position however, the amendment did not address the fiduciary duties’ informal assignment from the Treasurer’s office to Financial Services
BACKGROUND CONTINUED
• In 2019 Moss Adams, an independent consulting firm hired to review roles & responsibilities in several Redondo Beach departments, identified the informal delegation of the Treasurer’s City Charter duties as cause for “moderate to high level of concern” • Moss Adams recommendation was to “formally delegate authority over the Treasurer’s fiduciary duties to the Financial Services department”
• The City Treasurer in coordination with the Charter Review committee is recommending a Charter Amendment to formalize this now informal delegation of duties in order to align the Charter with our tactical functions, policies and procedures.
COUNCIL ACTION REQUESTED
• Direction to staff for preparation of a City Charter Amendment with any suggested changes to the City Treasurer section 11.1 for presentation to voters on the March 2025 ballot
• Direction to staff for preparation of a Municipal Ordinance, should the above Charter amendment be adopted by voters, to formally delegate the Charter defined fiduciary responsibilities to the Financial Services Department
• Direction from Council on inclusion of Charter Review Committee recommendation adding specific eligibility qualifications as a separate Charter Amendment presented to voters on the March 2025 ballot