HomeMy WebLinkAboutArguments in Favor Treasurer Measure.RedactedRECEIVED
JUN 2.5 2024
CITY OF ATASCADERO
ARGUMENT IN FAVOR OF MEASURE -24 CITY CLERK'S OFFICE
MAKING THE CITY TREASURER OF ATASCADERO AN APPOINTIVE POSITION
Atascadero is one of only two cities in SLO County that still elects its City Treasurer. In the five
other cities, the City Treasurer is the full-time finance director already employed by the city, and
is always an experienced and well-qualified individual. Our County's Grand Jury has
recommended that all cities have appointed City Treasurers. We are out of sync with good
government best practices by continuing to elect our City Treasurer.
While our current elected City Treasurer is highly experienced, having been the County Auditor
Controller for many years before retiring and being elected City Treasurer, there is no guarantee
of this level of qualification in the future.
State law allows no requirements for elected City Treasurers beyond being 18, a resident, and a
registered voter in the City.
The City Treasurer receives $400 a month and is eligible for health benefits. A person could run
for City Treasurer just to receive benefits.
In 1994 a well-meaning but inexperienced Atascadero City Treasurer invested almost all City
funds in the Orange County investment pool. The pool put money into very risky financial
investments and lost over $1 billion. This led to bankruptcy for Orange County and almost led
to bankruptcy for the City of Atascadero.
Making the City Treasurer an appointed position would save City taxpayers approximately
$17,000 annually and would ensure that the City Treasurer is always well qualified and
experienced in financial matters.
Protect our City's financial future.
Please vote yes on Measure _-24.
'N=Gere Sib ach, Atascadero City Treasurer
Heather Moreno, Atascadero Mayor
Charles Bourbeau, Atascadero City Councilmember
ARGUMENTS
FORM OF STATEMENT TO BE FILED BY
AUTHORS OF ARGUMENTS
RECEIVED
JUN 2 5 2024
CITY OF ATASCADERO
CITY CLERK'S OFFICE
All arguments concerning measures filed pursuant to Division 9,
Chapter 3 (beginning with § 9200) of the Elections Code shall be
accompanied by the following form statement to be signed by each
proponent, and by each author, if different, of the argument:
The undersigned proponent(s) or author(s) of the primary argument in favor of ballot
proposition Measure -24 at the General Municipal Election for the City of
Atascadero to be held on November 5, 2024, hereby state that the argument is true and
correct to the best of their knowledge and belief.
Print Name Gere Sibbach
Title Atascadero City Treasurer
Signature
Date
Print Name Heather Moreno
Title Atascadero Mayor
Signature
Date �`� ; a172-�
_�
Print Name Charles Bourbeau
Title Atascadero City Councilmember
Signature
Date 4/
Print Name
Title
Signature
Date
Print Name
Title
Signature
Date