A. City shall ensure the tax revenues received and expenditures made in relation to the tax that is subject to this chapter are accounted for distinctly from all other revenues and expenditures within city’s accounting system.

B. City shall ensure these revenues and expenditures are identified separately within city’s annual budget document and made available through common public platforms, including, but not limited to city’s website and open budget.

C. City shall produce an annual report to inform the residents of Bakersfield how the funds subject to this chapter are being expended. The report shall provide a comprehensive review of the funds received, budgeted and expended in relation to the tax that is subject to this chapter. The report shall be provided to the citizens oversight committee for review and made available on city’s website and all other customary city communications platforms as determined feasible by city manager.

D. City shall ensure that annual independent audits are conducted to account for the tax revenues received and expenditures made in relation to the tax that is subject to this chapter, and to ensure consistency with spending priorities.

E. Such audits will be provided to the citizens oversight committee for review made available on city’s website and all other customary city communications platforms as determined feasible by city manager. (Ord. 4958 § 1, 2018)