Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
AUGUST 19, 2020
Subject
SUBJECT: MEASURE M INDEPENDENT TAXPAYER OVERSIGHT COMMITTEE SELECTIONS
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
APPROVE:
A. Richard Stanger, the recommended nominee for area of expertise C, Transit professional with a minimum of ten (10) years of experience in senior-level decision making in transit operations and labor practices; and
B. Gregory Amparano, the recommended nominee for area of expertise E, Professional with demonstrated experience of ten (10) years or more in the management of large-scale construction projects.
Issue
ISSUE
The Measure M Ordinance (Ordinance) approved by voters in November 2016 requires the establishment of a Measure M Independent Taxpayer Oversight Committee of Metro ("Committee") to provide an enhanced level of accountability for expenditures of sales tax revenues made under the Expenditure Plan. The Committee carries out the responsibilities laid out in the Ordinance and plays a valuable and constructive role in the ongoing improvement and enhancement of project delivery contemplated under the Measure M Ordinance.
Discussion
DISCUSSION
The Measure M Ordinance requires the establishment of the Measure M Independent Taxpayer Oversight Committee ("Committee") comprised of seven members representing the following areas of expertise:
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 with demonstrated experience of ten (10) years or more in the management of large-scale constru...
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