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excess of the amount established by Section 1.22.030. Such verification shall be filed with the City Clerk along with each campaign statement required by Section 1.20.030 of this code, and retained for 12 months following the subject election. 1.22.050 Violation. Any violation of Chapter 1.22 shall not be subject to penalty or citation. Section 3. For the November 2008 general municipal election, the election period during which expenditures shall be cumulated for candidates and candidates' controlled committees which have taken the voluntary expenditure pledge shall be from the effective date of this ordinance until December 31, 2008. Section 4. The adjustment to the voluntary expenditure limit provided in Subsection 1.22.030.C, above, shall be based on One Dollar ($1.00) per registered voter for the November 2008 general municipal election, with cumulative adjustments thereafter based on the Consumer Price Index table for All Urban Users - U.S. City Average -All Items -Unadjusted percentage change, as published by the U. S. Department of Labor, utilizing November 2008 as the base; or the most similar consumer price index table if that table is no longer available. Section 5. The determination of the number of registered voters provided in Subsections 1.22.030.A and B is set at a specific date to allow persons filing nomination papers to have a fixed and certain voluntary campaign expenditure limit amount. The need for certainty by candidates making the pledge recognizes that persons who may register up to 15 days prior to an election will not be included in the number of voters establishing that limit. Section 6 Pleasanton Municipal Code section 1.20.030.A. Filing of verified campaign statements is amended to read as follows: A. Each candidate for City office and each committee shall file campaign statements. The contributions and expenditures listed therein shall be cumulative for each election. The due dates and the contribution and expenditure periods shall be as provided in article 2, chapter 4, title 9 of the Government Code, beginning with section 84200. In addition, a campaign statement shall be filed four (4) days prior to an election and shall report all contributions received and expenditures made seven (7) days prior to an election. Section 7 A summary of this ordinance shall be published once within fifteen (15) days after its adoption in `The Valley Times," a newspaper of general circulation published in the City of Pleasanton, and the complete ordinance shall be posted for fifteen (15) days in the City Clerk's office within fifteen (15) days after its adoption.