DEAR AVERAGE CITIZENS OF OCEANSIDE. Just the opinion of one “Average Joe” here folks. Nothing fancy or tricky from any politicians or other city entities. I am presenting FOR YOUR CONSIDERATION, copied directly from the publicly available Oceanside City Charter website without any editing, the complete existing rules for the office of City Treasurer.
If you read these rules, you may then understand there is already an abundance of City Government oversight placed upon the City Treasurer’s position in those rules.
Futher more; The City Government may set standards of qualifications for persons working in this office as seen below (Sec. 2.17.1. – Employees.), i.e., they can decide how much education, experience and such a person must have to work in this department.
I believe there are some proponents of Yes on K who would have you believe the City Treasurer’s office is at risk of running amok and commiting grievous errors with the City’ funds. This “just ain’t so Ma” in my opinion.
This is a power grab plain and simple folks, an effort to take away our right to VOTE for the ELECTED HOLDER of this very powerful City Office. Which vote will to deny Measure K approval will continue to maintain our existing semi independent WATCHDOG OF OUR CITY’S FUNDS to protect all of you, and yes, even me too!
VOTE NO ON BALLOT MEASURE K.
The Ballot Measure which was placed upon your ballot by THE OFFICE OF THE OCEANSIDE COUNCIL.
AND REMEMBER THIS “TEMPEST IN A TEACUP” WHEN NEXT YOU VOTE FOR THE POSITIONS OF YOUR CITY COUNCIL MEMBERS, AND OUR MAYOR IN UPCOMING ELECTIONS MY FRIENDS !!
This is a CYA time for WE THE PEOPLE of O’side if ever there has been such, huh?
VOTE NO ON BALLOT MEASURE K.
O’side CITY CHARTER CODE (the rules) for the office of the City Treasurer (excerpted) ; READ IT HERE
Richard Burton
Registered Oceanside voter
 
THE CODE OF THE CITY OF OCEANSIDE CALIFORNIA
VERSION : NOV 27, 2019 (CURRENT)
 
ARTICLE IV. – OFFICE OF THE CITY TREASURER[4]
Footnotes:
— (4) —
Author’s note— Ord. No. 97-19, § 1, adopted Jan. 7, 1998, amended Art. IV, in its entirety, to read as herein set out. Prior to inclusion of said ordinance, Art. IV pertained to the treasurer. See the Code Comparative Table.
Sec. 2.17. – The office of the city treasurer established.
The office of the city treasurer is established and shall be supervised by the city treasurer, an elected official. The city treasurer and the financial services director shall work collectively to ensure the city council adopted investment policy is followed.
(Ord. No. 97-19, § 1, 1-7-98; Ord. No. 17-OR0020-1 , § 1, 1-4-2017)
Sec. 2.17.1. – Employees.
Employees of the office of the city treasurer responsible for the investment or management of money shall be members of the unclassified service, provided, however, that this provision shall not apply to persons employed in the classified service on the effective date of the ordinance adopting this section unless and until the employee is promoted. Notwithstanding any provision of Chapter 23 of this Code or of the Oceanside Personnel Rules and Regulations to the contrary, employees of the office of the city treasurer shall be appointed by the director of financial services, following consultation with the city treasurer, subject to the approval of the city manager. Employees may be assigned to joint service in the office of the city treasurer and the financial services department upon terms acceptable to the city treasurer and the financial services director. The financial services director, in consultation with the city treasurer, shall establish employment standards for employees responsible for the investment or management of money.
(Ord. No. 97-19, § 1, 1-7-98; Ord. No. 17-OR0020-1 , § 1, 1-4-2017)
Sec. 2.17.2. – Deputies.
The city treasurer and financial services director may appoint as a deputy one or more employees of the office of the city treasurer responsible for the investment and management of money. The financial services director shall be appointed as a deputy. Deputies shall receive no additional compensation for services provided in the capacity of deputy.
(Ord. No. 97-19, § 1, 1-7-98; Ord. No. 17-OR0020-1 , § 1, 1-4-2017)
Sec. 2.17.3. – Compensation of city treasurer.
The city treasurer shall receive such compensation as may from time to time be determined by resolution of the city council.
(Ord. No. 97-19, § 1, 1-7-98)
Sec. 2.17.4. – Faithful performance bond.
Before commencing any duties of office, the city treasurer, and any employee of the office of the city treasurer responsible for the investment or management of money shall post a faithful performance bond payable to the city in an amount determined by resolution of the city council. This bond may be a master bond providing coverage for more than one officer, employee or agent of the city pursuant to Section 1481 of the California Government Code. The cost of the premium on the bond shall be a charge against the general fund of the city.
(Ord. No. 97-19, § 1, 1-7-98)
Sec. 2.18. – Duties.
The authority of the city council to invest or reinvest city funds is delegated to the city treasurer, subject to annual review and renewal by the city council, pursuant to Section 53607 of the California Government Code. The city treasurer shall have the duty to enforce the investment policy of the city as may be adopted from time to time by the city council. The city council shall review the city’s investment policy during its consideration of the annual budget. The city treasurer shall have the duty to recommend additions, deletions or modifications to the investment policy for consideration by the city council. The city treasurer shall perform those duties established by the general laws of the state relating to the management and investment of city money. The city treasurer shall have no duty to collect city taxes or license fees or to perform any function of the director of the administrative services department established pursuant to sections 2.55 through 2.58 of this Code.
(Ord. No. 97-19, § 1, 1-7-98)
Sec. 2.18.1. – Cooperation between the city treasurer and financial services director.
The city treasurer and financial services director shall cooperate in order to assure the prudent management of the city’s fiscal resources.
(Ord. No. 97-19, § 1, 1-7-98; Ord. No. 17-OR0020-1 , § 1, 1-4-2017)
Sec. 2.18.2. – Cooperation between the city treasurer and director of administrative services department.
The city treasurer and director of administrative services shall cooperate in order to assure the prudent management of the city’s fiscal resources.
(Ord. No. 97-19, § 1, 1-7-98)
Sec. 2.18.3. – Reserved.
Authors Note— Ord. No. 02-OR026-1, § 1, adopted Jan. 9, 2002, repealed § 2.18.3 in its entirety. Formerly, said section pertained to sunset provisions of article IV, office of the city treasurer, as adopted by Ord. No. 97-19, § 1, adopted Jan. 7, 1998.