3.50.160 FISCAL ACCOUNTABILITY PROVISIONS.

The amount generated by this new general purpose revenue source and how it was used shall be included in the annual audit of the City's financial operations by an independent certified public accountant. In addition, there shall be a committee consisting of five members of the public to review and report on the receipt of revenue and expenditure of funds from the tax authorized by this chapter. The committee shall review the annual auditor's report and shall make recommendations to the City Council on the use of the tax revenue. The committee's report and recommendations shall be completed by a date to allow for it to be considered as part of the annual budget process. The committee members shall serve four-year terms. The initial terms of the first appointed committee members shall be pared by lot so that each year one or more terms will expire.