The problem with this move is that it institutes perpetual fundraising for elected officials and starts clouding the purpose of the Campaign Finance Reform Act approved by Long Beach voters which kept fundraising to basically a year before an election.
While prior City Councils and other elected officials have raised funds for "officeholder expenses" the amounts allowed were a fraction of what is being proposed.
The following are links to the agenda item and the documents you need to review: Agenda item with documents
Long Beach Inside will also publish the officeholder account records as they become available from the City Clerk.
