CC 2022-05-24_09c 5-Year Review of Local Sales Tax_PP Presentation5-Year Review of Local Sales Tax
5/24/2022
1
Background
Measure O-06 approved in November 2006
Included accountability provisions
Annual publication and distribution of report to each household on the revenues and expenditures
Review & Public Hearing by the City Council every 5 years to determine whether the sales tax is necessary to remain in effect
Included 4 advisory measures regarding categories of spending
First review occurred in April 2012, second review occurred April 2017
5/24/2022
2
History
Over the past 5 years (FY 2016-17 through 2020-21) the Local Sales Tax generated $11.8 million
5/24/2022
3
Major Projects/Accomplishments
$4.1 million in streets and parks improvements
$2.3 million in annual pavement program
Oak Park rehabilitation
Purchase of Le Point Street Parking Lot
$550,000 in striping and sidewalk improvements
$788,000 in drainage improvements and flood protection
4/11/2017
4
Major Projects/Accomplishments
$2.4 million in support of Public Safety
Senior Police Officer position
Task Force activities
Five Cities Fire Authority
$660,000 in City facility improvements
$690,000 for transportation related projects
5/24/2022
5
6/17/2022
Future 5-Year Plan
6
Is Continuation Necessary?
Provides $2.8 Million annually
The only source of funding for many projects
Supports the goals of the community as expressed in the original Measure
5/24/2022
7
Recommendation
Conduct a Public Hearing;
Receive and file the 5-year report covering the period of July 2016 through June 2021; and
Approve the continuation of the Local Sales Tax.
5/24/2022
8