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.

The attached Measure O Citizen’s Oversight Committee Annual Report discussed the following items:

• The Committee’s proceedings and activities during Fiscal Year 2021-22 with focuses on:

o   Audited Fiscal Year 2020-21 annual financial information;

o   Adopted General Fund’s budget for fiscal years 2021 through 2023; and

o   Mid-year General Fund financial review for Fiscal Year 2021-22.

• The Committee’s findings and recommendations.

The Committee concluded that the audited FY2020-21 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 FY2021-23 biennial General Fund budget protected and maintained the City’s core services.

There is no fiscal impact to receive and file the Measure O Citizen’s Oversight Committee annual report.

It is recommended that the City Council receive and file the Measure O Citizen’s Oversight Committee Annual Report for Fiscal Year 2021-22.