DATE: June 15, 2022
TO: Council Budget and Finance Committee
FROM: Director of Finance
SUBJECT
Measure C Debt Analysis and Review
RECOMMENDATION
That the Committee receives the report and provides direction to staff on consideration of potential funding of programs and/or projects that meet the promises and priorities of the Measure C ballot initiative.
SUMMARY
In 2014, the voters of the City of Hayward approved a 1/2 cent District Sales Tax (Measure C), which is a general tax that can pay for any services within the City's General Fund. However, when the Council placed the measure on the ballot in 2014, they identified several priorities for the use of these funds based on issues identified by the community: police and public safety services; illegal dumping; litter control; street improvements; graffiti abatement; and capital infrastructure projects (Attachment II). The prioritized capital projects included: the construction of the City's 21st Century Library and Community Learning Center; completion of fire station retrofits and improvements; rehabilitation and expansion of the existing fire training center located at Fire Station 6; as well as extensive street improvements. As of May 2022, the fire station retrofit and street improvement projects have been completed, the 21st Century Library and Community Learning Center project is pending final project acceptance, and the Regional Fire Training Center at Fire Station 6 is well underway with expected completion in Fall 2022.
With several key community projects successfully completed with the use of Measure C funding, this report provides an overview of completed projects, and options for potential future capital infrastructure projects and/or ongoing operational programming. The intent of this report is to solicit feedback and engage the Committee in a discussion for the consideration of future funding of other capital infrastructure projects, and ongoing operational expenses.
ATTACHMENTS
Attachmen...
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