Spending Plan, Implementation Planning, and Reporting Sample Clauses

Spending Plan, Implementation Planning, and Reporting. Every two years, the Finance and Facility Advisory Board shall work with the County Executive and City of Bellingham Mayor to develop a detailed spending plan for the Sales Tax, in coordination with the IPRTF/LJC. Any spending plan shall be considered advisory unless adopted by the Whatcom County Council and the Bellingham City Council. The Finance and Facility Advisory Board shall monitor the spending of the Sales Tax and provide a written and oral report no less than annually to the IPRTF/LJC and Whatcom County Council and Bellingham City Council on the financial performance of the Sales Tax and associated implementation plan projects and programs. This report shall detail revenue; expenditures by Implementation Plan project; resources beyond this sales and use tax invested in Implementation Plan projects; additional resources needed to further meet goals; and recommendations for any updates to the Implementation Plan and/or Spending Plan. In 2029 and every five years thereafter, the Finance and Facility Advisory Board shall develop an updated Implementation Plan, considering the recommendations of the IPRTF/LJC, for recommendation to the Whatcom County Council and Bellingham City Council. Updated Implementation Plans shall not be in effect until adopted by the Whatcom County Council and the Bellingham City Council. Should either Council decline to adopt the Implementation Plan, the Plan shall be sent back to the Finance and Facility Advisory Board for revision. Cities within Whatcom County with a 2023 population less than 20,000 people intend to fund Implementation Plan strategies that support efforts of their respective cities and may provide annual or bi-annual updates to the Board, and/or to request a consultation with the Finance and Facility Advisory Board on policy and programmatic updates to the expenditure or implementation plans of the respective cities.
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