8C
Date: August 19, 2025
To: Honorable Mayor and Members of the City Council
From: Measure SST Citizens’ Oversight Committee
Ian Dailey, Finance Director
By: Ian Dailey, Finance Director | [email protected] Subject: Measure SST Citizens’ Oversight Committee and Finance – Accept and File Fiscal Year 2024-25 Measure SST Citizens’ Oversight Committee Annual Report.
Expenditure: None.
RECOMMENDATION
Recommendation of the Measure SST Citizens’ Oversight Committee and Finance Director that City Council accept and file the fiscal year 2024-25 Measure SST Citizens’ Oversight Committee annual report.
FUNDING
None required.
DISCUSSION
The Annual Report for July 2024 through June 2025 as prepared by the Measure SST Citizens’ Oversight Committee is attached for your information and review. The Committee approved this report at its July 15, 2025 meeting and moved to request it be accepted by City Council.
ATTACHMENT
1. FY2024-2025 Measure SST Citizens’ Oversight Committee Annual Report. 1 6C
Date: July 15, 2025
To: Honorable Chair and Members of the Measure SST Citizens’ Oversight Committee From: Ian Dailey, Finance Director | [email protected] Subject: Finance – Accept and File Fiscal Year 2024-25 Measure SST Fund Annual Report.
Expenditure: None.
RECOMMENDATION
Recommendation of the Finance Director that the Measure SST Citizens’ Oversight Committee accept and file the Measure SST Fund Annual Report for fiscal year 2024-25.
FUNDING
None required.
DISCUSSION
On June 7, 2022, Torrance voters approved Measure SST which included the appointment of a citizens’ oversight committee, public disclosure of all spending and annual independent financial audits to ensure funds are used effectively as promised to the benefit of the Torrance community.
On February 7, 2023, pursuant to Torrance Municipal Code Section 232.1.120, City Council adopted Resolution No. 2023-11 establishing guidelines for the composition and duties of the Measure SST Citizens’ Oversight Committee (Committee).
The Committee is comprised of seven-members appointed by City Council with varying term assignments, which are also designated by City Council. The powers and duties of the Committee include:
Review the Measure SST Fund annual operating budget adopted by City Council. Review semi-annual reports from City staff each fiscal year on revenues and expenditures of the Measure SST Fund.
Review the annual third-party financial statement audit of the Measure SST Fund. Advise City Council on issues identified.
Perform any other action or activity that may be directed by the City Council.
2 ATTACHMENT 1
City Council
July 15, 2025
Fiscal Year 2024-25 Committee Member Appointments and Terms The table below provides a listing of each Committee member appointed by City Council as well as their respective serving capacities and terms commencing July 1, 2024.
Office Member Term Expiration
Chairperson Ron Riggs 6-30-2025
Member Melissa Wright 6-30-2027
Member John DeRago 6-30-2027
Member Shamindra Manbahal 6-30-2028
Member Craig Neumann 6-30-2026
Member Michelle Polcari 6-30-2026
Member Cynthia Scotto 6-30-2025
Meetings
In accordance with Section 7 of the Committee guidelines, the Committee held three (3) regular public meetings in FY24-25 on the following dates:
Wednesday, July 10, 2024
Tuesday, December 10, 2024
Tuesday, February 18, 2025
Summary of Fiscal Year 2024-25 Committee Actions
At the meeting of July 10, 2024, all members were present, and the Committee took the following actions:
Approved the minutes of February 20, 2024; and
Approved the proposed fiscal year 2024-25 Committee Work Plan; and Appointed Member Riggs as Chairperson; and
Accepted and filed the Adopted fiscal year 2024-25 Measure SST Fund Budget Report; and
Accepted and filed the fiscal year 2023-24 Measure SST Citizens’ Oversight Committee Annual Report.
At the meeting of December 10, 2024, all members were present, and the Committee took the following actions:
Approved the meeting minutes of July 10, 2024; and
Accepted and filed fiscal year 2024-25 First Quarter Measure SST Fund Budget Report.
At the meeting of February 18, 2025, Member Scotto was absent, and the Committee took the following actions:
Excused Member Scotto’s absence from the meeting; and Approved the meeting minutes of December 10, 2024; and Accepted and filed the fiscal year 2024-25 Mid-Year Measure SST Fund Budget Report; and
Accepted and filed the fiscal year 2023-24 Measure SST Fund Audited Financial Statement.
Measure SST Citizen's Oversight Committee
3 City Council
July 15, 2025
The Finance Director recommends that the Committee accept and file the Measure SST Fund Annual Report for fiscal year 2024-25. This annual report will also be presented to City Council at a future date.
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