Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
MAY 15, 2025
Subject
SUBJECT: MEASURE M INDEPENDENT TAXPAYER OVERSIGHT COMMITTEE SELECTION
Action
ACTION: APPROVE RECOMMENDATION
Heading
RECOMMENDATION
Title
APPROVE the following nominees for the Measure M Independent Taxpayer Oversight Committee (MMITOC):
A. Jesse Soto, the recommended nominee for area of expertise B, municipal/public finance and/or budgeting professional; and
B. Michael Moore, the recommended nominee for area of expertise C, transit professional with experience in senior-level decision-making in transit operations and labor practices.
Issue
ISSUE
The MMITOC consists of seven members representing various areas of expertise (Attachment A). Currently, there are three open positions on the MMITOC. This action seeks to fill two of the resulting vacancies.
Background
BACKGROUND
The Measure M Ordinance (Ordinance), approved by voters in November 2016, requires the establishment of a Taxpayer Oversight Committee to provide an enhanced level of accountability for expenditures of sales tax revenues made under the Expenditure Plan. The MMITOC carries out the responsibilities laid out in the Ordinance. It plays a valuable and constructive role in the ongoing improvement and enhancement of project delivery contemplated under the Measure M Ordinance. See Attachment A for committee requirements.
The MMITOC is comprised of seven members representing the following areas of expertise (Attachment A):
A. A retired federal or state judge;
B. A professional from the field of municipal/public finance and/or budgeting with a minimum of ten (10) years of relevant experience;
C. A transit professional with a minimum of ten (10) years of experience in senior-level decision making in transit operations and labor practices;
D. A professional with a minimum of ten (10) years of experience in management and administration of financial policies, performance measurements, and reviews;
E. A professional wi...
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