15 - Laserfiche WebLink

IV j .4.is . �J C t : .... 9 r ,x k 9 4kt.a>•_y e ..-..i t _n[+.t n]'^'.61.Yy^ ._. . iYrby • I011 15 m/ ., , -1.. J/ 'v' 1s _ " ” §, . y . ' ..; ...fg r. ,r--L I 'i ��; , x «,.,°" ' - Mpil )1Mi mi__. J, Ve _ 1 v �l ._ ink d� z > .411:`e.':\J ll "/ U V w 1 " I ' 1 ca nni , . . ,.4 w . W614f{,�O1r N,a-�ey NA,' , : * r� 4.04,r. This Transportation Expenditure Plan(Plan)is The total of all administrative costs for this tax guided by principles that ensure that the revenue including overhead costs such as rent and generated by the sales tax is spent only for the supplies will be limited to no more than 4%of purposes outlined in this Plan,in the most efficient the net proceeds of this sales tax. and effective manner possible,consistent with serving the transportation needs of Alameda County. The allocated cost of Alameda CTC staff who directly implement specific projects or DURATION OF THE PLAN programs are not included in administrative costs. The duration of the.Plan will be 30 years from April 2015 through March 31,2045. 4. Amendments Require 2/3 Support:To modify and amend this Plan,an amendment must be ADMINISTRATION OF THE PLAN adopted by a two-thirds vote of the Alameda CTC Commissioners.All jurisdictions 1. Funds only Projects and Programs in the Plan: within the county will be given a minimum of Funds collected under this measure may be 45 days to comment on any proposed Plan spent only for the purposes identified in the amendment. Plan,as it may be amended by the Alameda CTC governing body. 5. Augment Transportation Funds:Pursuant to California Public Utilities Code 180001(e),it is 2. All Decisions Made in Public Process: the intent of this Plan that funds generated by Alameda CTC is given the fiduciary duty of the transportation sales tax be used to administering the transportation sales tax supplement and not replace existing local proceeds in accordance with all applicable laws revenues used for transportation purposes. and with the Plan.Activities of the Alameda CTC Commission will be conducted TAXPAYER SAFEGUARDS,AUDITS AND in public according to state law,through ACCOUNTABILITY publicly noticed meetings.The annual budgets of Alameda CTC;strategic plans and annual Accountability is of utmost importance in delivering reports will all be prepared for public review. public investments with public dollars.Alameda CTC The interests of the public will be further is committed to transparency and accountability as a protected by an Independent Watchdog public agency along with its many jurisdictional Committee,described previously in this Plan. partners.Many safeguards are built into this measure to ensure voter accountability in expenditure 3. Salary and Administration Cost Caps: of funds. Alameda CTC will have the authority to hire professional staff and consultants to deliver the 6. Annual Audits and Independent Watchdog projects and programs included in this Plan in Committee Review:Alameda CTC's financial the most efficient and cost-effective manner. reports are subject to an independent audit by The salaries and benefits for administrative a Certified Public Accountant(CPA)firm,on staff hired by Alameda CTC for this tax will an annual basis.Expenditures are also subject not exceed 1%of the net proceeds of the to an annual review by an Independent sales tax. Watchdog Committee. 2014 Alameda County Transportation Expenditure Plan I 37