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Measure U oversight panel accepts annual report, authorizes chair to forward it to city council
Summary
The Measure U Citizens’ Oversight Committee reviewed the fiscal year report showing $40.62 million in budgeted Measure U funds, approved that expenditures complied with the committee policy, and voted to authorize the chair to sign and forward the report to the city council; the audited financial statements are still in progress.
At a meeting of the Measure U Citizens’ Oversight Committee, members reviewed the committee’s fiscal year-end annual report and voted to authorize the chair to sign and forward the report to the City Council.
Interim Finance Director Zena Bradford presented the report, saying the committee “was presented with an audited financial statements to Measure U for the fiscal year 2324” and that the committee “unanimously approved and voted that the expenditures were spent in accordance with the council policy to spend 90% on MeasureU, public safety, 5% on use, and 5% on quality of life.” Bradford also said the…
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