City of Stockton
Measure A Expenditure
Guidelines Facilitation and
Development Support
Audit Committee Meeting
July 8, 2024
Attachment A
Agenda
01 OBJECTIVES AND SCOPE
02 EXPENDITURE GUIDELINES OVERVIEW
03 ACTIVITIES
04 RESULTS AND NEXT STEPS
UNLV KPI Facilitation2
Attachment A
Objectives and
Scope
3 The purpose of this engagement was to support the
City in developing Measure A expenditure guidelines,
including:
• Providing peer benchmarking and best practice
recommendations for general tax measure
expenditure guidelines
• Facilitating at least two work sessions with City
staff to support compilation of expenditure
guidelines elements and prioritization criteria
• Reviewing draft expenditure guidelines as
requested and providing recommendations
Attachment A
What are
Expenditure
Guidelines?
4 Expenditure guidelines:
• Are a set of documented principles that govern how
tax revenue generated from a tax measure can be
spent
• Are meant to ensure that tax revenue is used in a
responsible and transparent manner that aligns
with the goals and objectives of the tax measure
• Can vary from broadly defining the categories of
planned spending to more detailed policies that
govern how funds are spent
• Set helpful guardrails for general tax measures but
do not place strict limits on the use of funds
Attachment A
Activities
5 We conducted the following activities to support the
City in developing expenditure guidelines:
• Interviewed 7 peer cities with similar general tax
measures and reviewed examples of their
expenditure guidelines where possible
• Provided a summary of peer benchmarking results
to City staff
• Held two work sessions with City staff to support
the development of draft expenditure guidelines
• Reviewed the City’s draft expenditure guidelines
before finalization
Attachment A
6 Peer
Benchmarking
Results
Attachment A
Results and
Next Steps
7 • The City presented its expenditure guidelines and
proposed FY25 expenditure plan to the Measure A
Citizens’ Advisory Committee on June 6, 2024
• The City plans to present its expenditure guidelines
and proposed FY25 expenditure plan to City
Council on July 9, 2024
Attachment A
The material appearing in this presentation is for informational purposes only and should not be construed as advice of any kind, including, without limitation, legal, accounting, or investment advice. This information is not intended to create, and receipt does not constitute, a legal relationship, including, but not limited to, an accountant-client relationship. Although this information may have been prepared by professionals, it should not be used as a substitute for professional services. If legal, accounting, investment, or other professional advice is required, the services of a professional should be sought.
Assurance, tax, and consulting offered through Moss Adams LLP. Investment advisory offered through Moss Adams Wealth Advisors LLC. 8 Attachment A