To offset severe state budget cuts and prevent drastic cuts to sheriffs' deputies patrols, pothole and street repairs, youth gang and drug prevention, after school programs, senior services, storm drain maintenance, graffiti removal, parks, recreation and general City services, shall an ordinance be adopted to enact a one-half cent transaction and use tax in the City of South El Monte, subject to annual independent audits, public expenditure reports and local use of all funds?