REPORT TO THE CITY COUNCIL
FROM: RUTH F. QUINTO, CPA, Assistant City Manager
Office of the Mayor & City Manager
BY: SANTINO DANISI, MBA, Finance Director/City Controller
Finance Department
SUBJECT
Title
Submission and Acceptance of the City of Fresno Clean and Safe Neighborhood Parks Tax (Measure P) Report for Fiscal Year 2023.
Body
RECOMMENDATION
Staff recommends that the City Council accept the Fresno Clean and Safe Neighborhood Parks Tax (Measure P) Report for the fiscal year ended June 30, 2023 (FY 2023).
EXECUTIVE SUMMARY
The Measure P Report of the City of Fresno (City) for the fiscal year ended June 30, 2023, is hereby formally submitted for the Council's acceptance. This report issued December 7, 2023, is the official publication of the City's financial position for Measure P as of June 30, 2023; presenting the operational results for all Measure P activities and funds. The Measure P Report is prepared in conformity with accounting principles generally accepted in the United States of America.
The Auditor's Opinion on the Measure P Report is an unqualified or unmodified opinion. This means that there are no reservations concerning the financial statements and that the auditors believe them to be fairly presented. City management is responsible for both the accuracy of the data and the completeness and fairness of the presentation, including all disclosures.
BACKGROUND
On July 18, 2018, the City Clerk received an Initiative Petition proposing the Fresno Clean and Safe Neighborhood Parks Tax (Measure P). On February 18, 2021, the City Council certified Measure P as passed, and collection of the special sales tax began July 1, 2021, and the first deposits of the special sales tax were received in September 2021. The revenues generated by the Measure P sales tax shall be allocated by the City on an annual basis with additional independent oversight provided by a new Parks, Recreation and Arts Commission (Commission) consisting of n...
Click here for full text