The Measure M Independent Taxpayer Oversight Committee of Metro (“Committee”) provides an enhanced level of accountability for expenditures of sales tax revenues made under the Expenditure Plan.
The Committee meets at least four (4) times each year to carry out the purposes of the Ordinance. The Committee reports directly to the Metro Board of Directors and the public. The Committee shall carry out the responsibilities laid out in the Ordinance and play a valuable and constructive role in the ongoing improvement and enhancement of the Ordinance.
The Committee approves the scope of work and directs the work of the auditors. The Committee shall review all audits and hold an annual public hearing to report on the results of the audit.
The Committee shall prepare an annual report on the results of the annual audits per Ordinance Section 8(h)(3)(B), any findings made, and report the comments to the Metro Board of Directors. The Committee shall review all proposed debt financing and any proposed amendments to the Ordinance, including the Expenditure Plan, and make a finding as to whether the proposed amendments further the purpose of the Ordinance.
The Committee shall review the Comprehensive Program Assessment of the Expenditure Plan every five (5) years or every ten (10) years in accordance with Ordinance Section 7(g) and make findings and/or provide recommendations for improving the program. The results of this assessment will be presented to the Metro Board of Directors.