Skip to main content
Loading…
This section is included in your selections.

The city council shall also establish a transactions and use tax fiscal oversight committee (“oversight committee”). Prior to the start of each city fiscal year, the oversight committee shall endeavor to analyze projections for the tax revenues generated pursuant to this chapter and make nonbinding, written recommendations to the city council by or before the date the city council approves the city’s upcoming annual general fund budget. The foregoing notwithstanding, the issuance of written recommendations by the oversight committee shall not be a condition precedent to the city council’s ability to approve the city’s annual general fund budget in any given year. The oversight committee shall consist of at least three members and shall have such composition, structure and additional responsibilities as the city council may prescribe by resolution. The oversight committee may not include more than two members of the city council. Each committee member shall serve at the pleasure of the person or body responsible for appointing the committee member, whichever the case may be. The Cudahy finance department shall be the division responsible for providing administrative support as well as analytical and technical assistance to the oversight committee. (Ord. 692 § 2, 2018).