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HomeMy WebLinkAbout2024-11-19; City Council; ; Ordinance Modifying City Treasurer Education Eligibility RequirementsCA Review CKM Meeting Date: Nov. 19, 2024 To: Mayor and City Council From: Scott Chadwick, City Manager Staff Contact: Sheila Cobian, Legislative & Constituent Services Director sheila.cobian@carlsbadca.gov, 442-339-2917 Subject: Ordinance Modifying City Treasurer Education Eligibility Requirements Districts: All Recommended Action Introduce an ordinance titled, “An Ordinance of the City Council of the City of Carlsbad, California Amending Title 2, Chapter 2.04, Section 2.04.040(C)(1) of the Carlsbad Municipal Code relating to eligibility for the office of City Treasurer.” Executive Summary/Explanation & Analysis The City Treasurer’s Office is charged with designing an effective cash management and investment program for the city and all its subsidiary entities. The City Treasurer’s duties include developing the city’s Investment Policy for City Council approval, arranging for banking services, forecasting all cash receipts and expenditures, investing all inactive cash and reporting all investment activities. Prior to January 2024, eligibility to hold office as City Treasurer required, among other qualifications, a four-year college degree in finance or a business-related field. The City Council updated this criterion and, as of Jan. 11, 2024, the four-year college degree must be in one of the following majors: business administration, public administration, accounting, finance or economics. Members of the public subsequently raised concerns about education eligibility criteria excluding a person with equivalent or better higher-level education. In response to these concerns, on July 16, 2024, the City Council adopted a motion directing city staff to return to the City Council in the fall with additional clarifying language to the City Treasurer eligibility section of the Carlsbad Municipal Code. The ordinance in Exhibit 1 amends Section 2.04.040(C)(1) to substitute a “four-year college” degree with a “bachelor’s, master’s or doctoral” degree. The areas of study remain the same. Nov. 19, 2024 Item #6 Page 1 of 5 Fiscal Analysis The existing fiscal year 2024-2025 budget for the City Clerk’s Office includes sufficient funding for the cost of amending the referenced code section. Next Steps The City Clerk’s Office will prepare the ordinance for adoption at the next regular City Council meeting. Once adopted, the City Clerk will publish the ordinance or a summary of the ordinance in a newspaper of general circulation within 15 days. The ordinance will be effective 30 days following its adoption. Environmental Evaluation In keeping with California Public Resources Code Section 21065, this action does not constitute a project within the meaning of the California Environmental Quality Act in that it has no potential to cause either a direct physical change in the environment or a reasonably foreseeable indirect physical change in the environment. Exhibits 1. Ordinance amending Carlsbad Municipal Code Section 2.04.040(C)(1) 2. Proposed changes to Carlsbad Municipal Code Section 2.04.040(C)(1) Nov. 19, 2024 Item #6 Page 2 of 5 Exhibit 1 Nov. 19, 2024 Item #6 Page 3 of 6 EFFECTIVE DATE: This ordinance shall be effective thirty days after its adoption; and the City Clerk shall certify the adoption of this ordinance and cause the full text of the ordinance or a summary of the ordinance prepared by the City Attorney to be published at least once in a newspaper of general circulation in the City of Carlsbad within fifteen days after its adoption. INTRODUCED AND FIRST READ at a Regular Meeting of the Carlsbad City Council on the ______ day of __________, 2024, and thereafter PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council of the City of Carlsbad on the __ day of ________, 2024, by the following vote, to wit: AYES: NAYS: ABSTAIN: ABSENT: APPROVED AS TO FORM AND LEGALITY: _________________________________ CINDIE K. McMAHON, City Attorney _______________________________________ KEITH BLACKBURN, Mayor _______________________________________ SHERRY FREISINGER, City Clerk (SEAL) Nov. 19, 2024 Item #6 Page 4 of 5 Exhibit 2 §2.04.040. Eligibility for office. C.To be eligible to become a candidate for the office of City Treasurer, a person must meet the following minimum criteria at the time nomination papers are issued: 1.The person must have a four-year collegebachelor’s, master’s or doctoral degree majoring in business administration, public administration, accounting, finance or economics. Nov. 19, 2024 Item #6 Page 5 of 5 Sheila Cobian, Director Legislative & Constituent Services Nov. 19, 2024 Ordinance Modifying City Treasurer Education Eligibility Requirements CMC SECTION 2.04.040(C)(1) The person mush have a four-year college degree majoring in business administration, public administration, accounting, finance or economics. ITEM 6: CITY TREASURER EDUCATION ELIGIBILITY REQUIREMENTS ITEM 6: CITY TREASURER EDUCATION ELIGIBILITY REQUIREMENTS § 2.04.040. Eligibility for office. C.To be eligible to become a candidate for the office of City Treasurer, a person must meet the following minimum criteria at the time nomination papers are issued: 1.The person must have a four-year college bachelor’s master’s or doctoral degree majoring in business administration, public administration, accounting, finance or economics. RECOMMENDED ACTION ITEM 6: CITY TREASURER EDUCATION ELIGIBILITY REQUIREMENTS Introduce an ordinance titled, “An Ordinance of the City Council of the City of Carlsbad, California Amending Title 2, Chapter 2.04, Section 2.04.040(C)(1) of the Carlsbad Municipal Code relating to eligibility for the office of City Treasurer.” QUESTIONS? ITEM 6: CITY TREASURER EDUCATION ELIGIBILITY REQUIREMENTS