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15. Review and discussion regarding campaign finance issues, irrduding options for contribution limits, political action committees /independent expenditure committees, voluntary expenditure limits, and oontributkm reporting thresholds Larissa Seto, Assistant City Attorney sak! the item was being brought to the Cour>cil because it was adopted in the Work Plan to February. Under State law, the Political Refomn Ad and various state statutes govern issues relating to campaign flnaance, contributbns, expenditures and reporting requirements. However, State law specfficallly allows kx:al agendas to make some modifications to the requirements and Pleasanton has taken advantage of this to the extent it has more stringent reporting requirements. She said issues to cover will include discussions about what ability the City has in regulating oontributkms, pditic;al action committees, expenditure limits, and whether or not there is interest in modifying the reporting threshold in place. Regarding the Tri-Valley, she said the City of Dublin has adopted a contribution limit of 6300; Livemwre at 6250; San Ramon has a contribution limit but a voluntary expenditure limit. Candidates sign a voluntary pledge adhering to the expenditure limit and agreeing to good campaigning practices. The City does not try to enforce the pledge: they leave it to third parties to raise the issues as to whether or not a carxtidate has not adhered to an expenditure limit. Mayor Hosterman confirmed there were other titles in addition to San Ramon who have gone this route, and asked that this information be obtained. Cily Coundl Minutes 6 October 18, 2007