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Measure BP fund balance $8.89 million; committee hears finance update and approves minutes 6‑0
Summary
City staff reported Measure BP has generated about $12 million since inception, with $3.99 million committed or spent and a projected fund balance of roughly $8.89 million as of Jan. 31, 2025; the committee approved November minutes 6‑0.
City staff told the Baldwin Park Stakeholders Oversight Committee on Monday that Measure BP sales‑tax receipts total about $12 million since the measure's inception and that the fund carried a projected balance of about $8.89 million as of Jan. 31, 2025.
Finance staff reported January 2025 receipts of about $583,298 and said the fund had accrued more than $122,000 in interest in 2024. "With all of that, we have committed about $3,987,819 for 11 programs and projects for the community," staff said, adding that about $169,600 has been spent so far.
The nut graf: the presentation gave the committee an updated accounting of Measure BP revenues, commitments and expenditures, and prompted public comments and a request for greater transparency on warrants and check registers.
Members of the public used the meeting's public comment period to question spending priorities and transparency. Greg Tuttle, a local business owner, criticized allocations for city expenditures unrelated to direct community programs and asked for a warrants‑and‑demands report showing checks and payees. A committee member later clarified that the totals referenced in public comment were reversed and confirmed the $3,987,819 figure as committed/spent and the $8,890,001.67 figure as the remaining balance.
Staff also told the committee that City Council has approved several grant awards subject to additional vetting of 501(c)(3) status and that grant award letters are expected to be issued the following week. Staff said one applicant, St. John's, was disqualified because a provision of the California Constitution prevents using public funds for parochial institutions; staff said they could not find a compliant way to award public funds to that applicant.
Votes at a glance: the committee approved the Stakeholders Oversight Committee meeting minutes from Nov. 12, 2024. Vice Chair Pastor Jackson made the motion to approve the minutes; Member Mata seconded. The roll call recorded "yes" votes from Member Mata, Member Orozco, Amber Rodriguez, Member Van Nguyen, Vice Chair Pastor Jackson and Chair Laura; the motion passed 6‑0.
Ending: Committee members requested a follow‑up on grant award letters and a more detailed line‑item presentation of warrants and expenditures at the next meeting.
