La Habra Municipal Code Ch. 4.13 Voter-Approved Transactions and Use Tax

An annual audit relating to any voter-approved transactions and use tax shall be conducted each fiscal year, beginning at the fiscal year-end immediately following approval of the tax by the electorate. Such audit shall include the amount of revenue collected on behalf of, and paid to, the city pursuant to collection of the tax in accordance with its implementing ordinance. The annual audit may be prepared and presented in the form of an audited comprehensive annual financial report. After completion, such audit shall also be made reasonably available to the public for review.

(Ord. 1699 § 1, 2008)

The revenue from any voter-approved transactions and use tax shall be deposited in the general fund for use for any of the city's expenditures or the city's governmental purposes.

(Ord. 1699 § 2, 2008)

Any changes to Section 4.13.010 or 4.13.020 of this chapter must be approved a majority vote of the electorate once the voter-approved transactions and use tax is enacted and takes effect.

(Ord. 1699 § 3, 2008)