A. Within the limitations provided by law, the Revenue Measure Oversight Commission shall review the projected revenues and recommended expenditures for the funds generated by title 3, chapters 3.26 and/or 3.28 of this Code and shall make recommendations to the Town Council as a part of the Town's annual budget process. The Commission shall have the following powers and duties:
1. Establish a schedule of regular meeting times.
2. Make recommendations to the Town Council regarding:
a. Programs and projects proposed to be funded in whole or in part by Measure "Y" and/or Measure "Z" revenues;
b. Oversee and monitor expenditures of all Measure "Y" and/or Measure "Z" funds, after the Town Council has approved any program or project with Measure "Y" and/or Measure "Z" funds;
c. Review the annual independent audit of revenues received by and expenditures from Measure "Y" and/or Measure "Z" funds prior to the audit's presentation to the Council;
d. Review the Finance Manager's estimate of Measure "Y" revenues for each fiscal year prior to the Council adoption of the annual General Fund budget;
e. Review the Finance Manager's estimate of Measure "Z" revenues for each fiscal year prior to the Council adoption of the Special Fund budget.
3. Perform such other duties as the Town Council may assign. (Ord. 265, 2-7-2017)