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8.A. - Page 4 of 13 <br />VEL Amount: <br />• The amount of the VEL would be initially set based on a formula, namely $2.25 per resident in the <br />electoral district for each election, with the residency of each district determined by the latest <br />U.S. Census figures. <br />• The City Clerk would publish the VEL amounts no later than 60 business days following ordinance <br />adoption. <br />• Beginning on January 1, 2021, the City Clerk would in odd -numbered years increase the VEL <br />amount based on increases in the Consumer Price Index, rounded to the nearest thousand, and <br />published no later than February 1 of each odd -numbered year. <br />• The ordinance would exempt certain costs from the VEL, namely: <br />o Candidate filing fees <br />o Returned contributions <br />o Legal costs <br />o Non -monetary contributions defined by the Fair Political Practices Commission (see FPPC <br />Reg. § 18215(b)(2)), and <br />o Expenses for a post office box or a post-election party. <br />VEL Penalty: <br />The penalty for violation of the VEL would amount to public notification. Specifically, within 72 hours of <br />the City's knowledge of a VEL violation, the City would: <br />• Send notice of the violation to a newspaper of general circulation for publication, <br />• Post the notice on the City's website and at City Hall, and <br />• Remove the candidate's 400 -word written statement from the City's website. <br />If the candidate pays a required fee, the statement would instead be relocated on the website rather than <br />removed altogether. <br />FISCAL IMPACT <br />Implementation of the ordinance may be accommodated within existing staff resources. At this time, staff <br />does not expect to have to prosecute violations of the contribution limit; if a significant number of <br />prosecutions were required, it would detract from completion of other assigned work. <br />Page 4 of 5 <br />AL . <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />101 <br />