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Measure G committee names audit subcommittee, hears December 31 financial report; public calls for clearer transparency ahead of 2030 renewal

2173231 · January 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Measure G Oversight Committee appointed a three-member subcommittee to review the city's 2024 independent audit and heard an unaudited Dec. 31, 2024 financial report showing $25.9 million in Measure G cash and $23.5 million in CIP budgeted projects.

The City of Salinas Measure G Oversight Committee on Jan. 16 appointed a three-person subcommittee to review the city's 2024 independent audit and heard a detailed, unaudited financial report as of Dec. 31, 2024. Public speakers urged the committee to improve outreach and transparency ahead of Measure G's expiration in 2030.

Under consideration item 24-712, the committee nominated and voted to appoint a subcommittee to examine the independent external audit report and return findings and recommendations to the Measure G committee for presentation to the City Council. The committee directed staff to schedule subcommittee meetings so the committee's review can be completed in time for a May 30 report to the council. The motion to appoint the subcommittee was moved, seconded and approved by voice vote.

Acting Assistant Finance Director A. Pedrosa presented the Measure G quarter 2 (as of Dec. 31, 2024) financial report and stressed that the numbers were unaudited. Key figures in the staff presentation and committee discussion included:

- Transactions and use tax: 34% of the year-to-date benchmark (July through October collections); benchmark for four of 12 months is 33%, and November receipts were expected in the coming days. - Operating spending (before transfers):…

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