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File Number: 14-387 <br />the recently adopted Biennial Budget Message, the following excerpt states: The City would <br />have faced even greater service reductions if not for the additional revenue from Measure Z, <br />the temporary, quarter -cent sales tax measure approved by over 60% of the voters in the <br />November 2010 election. Measure Z's passage generates about $4,000,000 annually in <br />additional revenue, allowing the City to maintain existing service levels. The Measure Z <br />ordinance expires in five years on March 31, 2018. <br />Committee Review and Actions <br />The Measure Z Citizens Oversight Committee met on July 30, 2014 to review and advance <br />the report for City Council approval. <br />ATTACHMENT <br />Attachment to Resolution <br />Measure Z Annual Report <br />PREPARED BY: David Baum, Finance Director, Finance Department <br />City of San Leandro Page 3 Printed on 9/9/2014 <br />