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File Number: 19-634 ·Amounts of revenue; ·Use of the tax revenue and the impact on City operating budgets including statement on impact of revenue in reducing amounts of cuts resulting from addressing the budget shortfall; ·Statement of expenditures funded by the Measure’s revenues (Summary, Table 1); ·Impacts of the Measure on local business competitiveness and the collection of other revenues; ·Information for the public and transparency; and ·Promotion of public participation in developing a revenue sustainability plan and strategy. Measures OO, PP, and NN were passed by voters in November 2016. Each also required independent citizen oversight. The Measure HH Oversight Committee held its first meeting on September 29, 2015, discussed the annual report, and made several recommendations. City staff supported the work of the Committee by producing financial information and community priorities supporting the need for Measure HH. Annual audits have produced unqualified opinions from the City’s independent auditor. Both audits and City budgets adopted by the City Council receive awards from the Government Finance Officers Association. The audit for 2018-19 is currently underway and expected to conclude prior to December 31, 2019. Table 1 (Attachment 1) reflects expenditure cutting proposals (identified related to Measure Z, the original sales tax measure approved in 2010) that were avoided with passage of Measure Z and later by Measures HH, OO, PP and NN. The results shown reflect use of revenues over the life of the measures. Measure HH Measure HH authorized a 0.50% Transaction and Use Tax that increased the total sales tax rate on retail sales in San Leandro to 9.50%. Of the total rate, 1.50% flows to the General Fund, supporting the full range of municipal services. At the time of approval, the total combined tax rate in the city became 10%. Subsequently, the rate in the city lowered to 9.75% with the expiration of Proposition 30 in 2016-the temporary increase in sales tax preventing cuts in the California education budget. The current breakdown of the sales tax rate in San Leandro is shown in Table 2 (Attachment 2). Measures OO, PP, and NN In November 2016, San Leandro voters approved Measures OO, PP, and NN. The Measures passed and took effect on January 1, 2017 and in summary include: ·Business license taxes reduced for small businesses and charging 10% of gross receipts for parking lots and also charging $100 per 1,000 square feet for property used for warehouse/storage and wholesale/distribution businesses. ·Transient occupancy tax increased to 14%. ·Cannabis business tax of up to 10% of gross receipts (currently 6%). These revenue sources align with previously adopted City Council goals and policy priorities as Page 2 City of San Leandro Printed on 12/10/2019 54