Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Oversight committee reviews $42 million annual referendum budget, approves minutes and annual report
Summary
The Independent Citizens Referendum Oversight Committee received a quarterly report showing $262 million in total referendum collections to date and a $42 million annual budget; members approved prior minutes, elected officers and approved the committee's annual report.
The Independent Citizens Referendum Oversight Committee met to review how Marion County's voter-approved 1-mill ad valorem property tax has been spent and to conduct routine committee business. Robert Rios Wells, chief financial officer for Marion County Public Schools, told the panel the tax was approved Nov. 8, 2022, took effect July 1, 2023 and runs through June 30, 2027.
Rios Wells said the district expects to collect about $262,000,000 over the referendum's life and projects roughly $252,000,000 in total expenditures to date. For the current fiscal year he reported a budget of $42,000,000 in referendum-funded spending. "These funds can be used…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
