Shall the measure proposing an ordinance replacing the Town's current Finance Committee and Sales Tax Oversight Committee with a Finance Commission that would advise the Town Council on financial, budgetary and investment matters, including but not limited to, the Annual Budget, the Comprehensive Annual Financial Report, capital expenditures, sales tax revenue and expenditures, and other recommendations as the Town Council directs, be adopted?
2, Santa Clara County • 2020 • Measure
Passed
Result: 56.6% yes, 43.4% no (16,690 votes cast)
AI-generated plain-language summary
The measure replaces Santa Clara's existing Finance Committee and Sales Tax Oversight Committee with a single Finance Commission that would advise the Town Council on budgetary, financial, and investment matters including the annual budget, financial reports, capital expenditures, and sales tax revenue and spending.