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HomeMy WebLinkAboutItem J f4�f 5EA f Qf '� _C9CZ AGENDA STAFF REPORT !fV c".44 FORK'\i' DATE: November 14, 2016 TO: Honorable Mayor and City Council THRU: Jill R. Ingram, City Manager FROM: Jim Basham, Interim Director of Public Works SUBJECT: SUBMITTAL OF YEARLY EXPENDITURE REPORT TO OCTA FOR MEASURE M2 ELIGIBILITY SUMMARY OF REQUEST: That the City Council adopt Resolution No. 6697: 1 . Finding that the yearly expenditure report to Orange County Transportation Authority (OCTA) for Measure M2 Eligibility for fiscal year 2015/2016 was prepared in conformance with the M2 Expenditure Report Template provided in the Renewed Measure M Eligibility Guidelines and accounts for Net Revenues including interest earned, expenditures during the fiscal year and balances at the end of fiscal year;. 2. Adopting M2 Expenditure Report for fiscal year 2015/2016; and 3. Directing the City Manager to submit the M2 Expenditure Report to OCTA no later than December31, 2016. BACKGROUND AND .ANALYSIS: In November of 1990, the, voters of Orange County approved Measure M, the Revised Traffic Improvement and Growth Management Ordinance. Measure M created a fund for transportationimprovements to mitigate traffic impacts generated by existing and proposed development. Measure M authorizes the imposition of an additional half-cent retail transaction and use tax for a period 'of twenty (20) years. In November'of 2006, Measure M was renewed by the voters of Orange County for an additional thirty (30) years, and is now known as Measure M2. Funds.identified as Measure M2 "fairshare" funds are used on local and regional transportation improvement and maintenance projects. Other Measure M2 funds for transportation related projects are made available through several competitive programs included in the Combined Transportation Funding Program (CTFP). To be eligible to receive Measure M2 "fairshare" and CTFP funds, the City must satisfy the.below'requirements annually and/or biannually: Agenda Item J 1. Demonstrated compliance with the County's Congestion Management Program; 2. Maintained a mitigation impact fee schedule; 3. Adopted a seven-year Capital Improvement Program that includes all transportation projects funded partially or fully by Measure M2 dollars; '_. 4. Adopted and adequately :funded a Local Pavement Management Plan (PMP); 5. Adopted a Traffic Demand Management Ordinance; 6. Satisfied Maintenance of Effort (MOE) Requirements; 7. Agreed to expend all Measure M2 revenues within three (3) years of receipt; and 8. Year-end expenditure report. The City of Seal Beach successfully submitted all required items above to OCTA by the required annual deadline of June 30, 201.6. The year-end expenditure report is required to be submitted by December 31 , 2016. This report summarizes all Measure M2 expenditures for the prior fiscalHyear. A copy of the report is attached. By approving this report, it will allow the City to continue to receive OCTA Measure M2 funds. ENVIRONMENTAL IMPACT: There is no environmental impact related to this item. LEGAL ANALYSIS: The City Attorney has'reviewed and approved as to form. FINANCIAL IMPACT: Currently, the City received approximately $392,053 in Measure M2 "fairshare" funds during the last fiscal year. Additionally, the. City of Seal Beach remains eligible to receive funding for the numerous competitive grants secured within Measure M2. RECOMMENDATION: That the City Council adopt Resolution No. 6697; 1. Finding that the yearly expenditure report to Orange County Transportation Authority (OCTA) for Measure M2 Eligibility for fiscal year2015/2016 was prepared in conformance with the M2 Expenditure Report Template provided in the Renewed Measure M Eligibility Guidelines and accounts for Net Revenues including interest earned, expenditures during the fiscal year and balances' at the end of fiscal year; 2.. Adopting the M2 Expenditure Report for fiscal year 2015/2016; and Page 2 • 3. Directing the City Manager to submit the M2 Expenditure Report to OCTA no later than December31 , 2016. S : ITTED :Y: NOTED AND APPROVED: i Ai i AM.a. .... lik. ' e . .1i/At,. at r7Basham qrs. Ingram! City eager Int-rim Director of Public Works Prepared by: David Spitz, P.E. Associate Engineer Attachments: A. Resolution No. 6697 B. Yearly Measure M2 Expenditure Report Page 3 Attachment " 4" RESOLUTION NUMBER 6697 A RESOLUTION OF THE SEAL BEACH CITY COUNCIL APPROVING THE MEASURE M2 EXPENDITURE .REPORT FOR THE CITY OF SEAL BEACH FOR FISCAL YEAR 2015/2016 WHEREAS, Local Transportation Authority Ordinance No. 3 requires local jurisdictions to adopt an annual Expenditure Report to account for Net Revenues, developer/traffic impact fees, and funds expended by local jurisdiction which satisfy the Maintenance of Effort requirements; and WHEREAS, the Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project;.and WHEREAS, the Expenditure Report must be adopted and submitted to the Orange County Transportation Authority each year within six months of the end of the local jurisdiction's fiscal year to be eligible to receive' Net Revenues as a part of Measure M2. THE SEAL BEACH CITY COUNCIL DOES HEREBY RESOLVE: Section 1 . The Measure M2 Expenditure Report for fiscal year 2015/2016, attached hereto as Exhibit "A' and incorporated herein byl this reference, is in conformance with the M2 Expenditure Report Template provided in the Renewed Measure M Eligibility Guidelines and accounts for Net Revenues including interest earned, expenditures during the fiscal year and balances at the end of fiscal.,year. Section 2. The M2 Expenditure Report is hereby adopted for the City of Seal Beach. Section 3.; The City Manager shall cause the M2 Expenditure Report to be submitted to-the Orange County Transportation Authority no later than December 31 , 2016. PASSED, APPROVED AND ADOPTED by the Seal Beach City Council at a regular meeting held on the 14th day of November, 2016 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members Sandra Massa-Lavitt, Mayor ATTEST: Robin L. Roberts, City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Robin Roberts, City Clerk of the City of Seal Beach, do hereby certify that the foregoing resolution is the original copy of Resolution Number 6697 on file in the office of the City Clerk, passed, approved, and adopted by the City Council at a regular meeting held on the 14th day of November , 2016. Robin L. Roberts, City Clerk Attachment "B" City ofSeal;Beach, Schedule 1 M2'Expenditure Report Fiscal Year Ended June 30, 2016 Beginning and Ending.Balances Description Line ' Amount No. I Balances at BeginningbfFiscal Year M2 Fair Share Y $ 854,924 M2 Fair Share Interest 2 5 16,305 ... M2 CTFP ...._..3....... $ (411,652) M2 CTFP Interest 4 Other M2 Funding 5 $' (500,211) Other M2 Interest 6 Other" 7 Balances;at Beginning of Fiscal Year(Sum Lines 1 to 7) 8 $ (40,634) Monies Made Available During Fiscal Year 9 $i 472,754 Total,Monies Available.(Sum;Lines 8'&9) 10 5! 432,120 lExpendituresburingFiscal Year '11 5; 580,302 Balances at End of Fiscal Year EininEMEREVE M2 Fair Share 12 5) 903,825 M2 Fair Share Interest 13 Si 26,337 M2 CTFP 14 $i (436,132) M2 CTFP Interest 15 Other M2.Funding 16 $i (642,212) Other M2 Interest 17 Other. 18 • Please provide a specific description CTFP-Comprehensive Transportation Funding Programs C ty of M2 Expenditure Report Schedule2. Fiscal Year Ended June 30, 2016 Sources and Uses Description Line Amount No. Revenues: , N12 Fair Share 1 $ 392,053 M2 Fair Share;Interest 2 $ 10,032 M2.CTFP,(Project 0) 3 M2 CTFP Interest 4 Other M2 Funding** 5 $ 70,669 • Other M2 Interest 6 Other`. :7 TOTAL REVENUES(Sum.lines 1 to 7) 8 5 472,754. Expenditures: - M2 Fair Shire :9 $ 343,152. M2 Fair Share.interest 10 M2 CTFP(Project 0) 11 $ 24,480 M2 CTFP Interest 12 Other M2 Funding** . 13 $ 212,670 Other M2 14 Other* - - 15 TOTAL.EXPENDITURES(Sum lines'9:to 15) ';16 5 580,302 TOTAL BALANCE(Subtract line'.16'from 8) I 1.7 I $ (107,548) *Please provide a specific description '•,Please provide breakdown of"Other M2 Funding"'Other.M2 Funding includes funding received and/or funds expended by Local Agencies from any other M2 program besides Project 0(Regional Capacity Program)and Project Q(Local Fair Share Program). Revenues Project Description Project Amount i Interest Total Freeway Environmental Mitigation A-M 5 , - $ $ . Regional Traffic Signal Synchronization Program P , $ $ $ . High.FrequehcyMetrolink Service g $ r $ - $ . Transit Extensions to Metrolink 5 $ I - $ $ . Convert Metrolink Stationls)to Regional Gateways that connect Orange County T $ with High-Speed-Rail Systems $ $ Senior Mobility Program or Senior Non-Emergency Medical Program U $ 64,265 $ $ 64,265 Community.Based.Transit/Circulators v $ I- $ - $ Safe Transit Stops W $ 1- $ $ Water Quality Program k 5 6;404 $ - $ 6,404 Total $ 70,669 $ $ 70,669 Expenditures Project Description Project Amount Interest Total .. Freeway EnvnonmentaPMitiga[ioo A-M $ $ $ Regional Traffic Signal Synchronization Program P $ $ s . High.Frequency Metrolink Service R $ $ $ . Transit Extensions to Metrolink 5 $ I- $ $ . Convert Metrolink Station(s)to.Regional Gateways that connect Orange County T $ with High-Speed Rail Systems $ - $ • Senior Mobility Program or Senior Non-Emergency Medical Program u $ 2121670 $ - $ 212,670 Community Based Transit/Circulators V $ $ $ Safe Transit Stops W $ $ - $ Watr Quality Program X $ ;. $ $ - Total $ 212,670 $ - $ 212,670 City of Seal Beach Schedule 3 M2 Expenditure Report Fiscal Year Ended June 30,2016 Streets and Roads Detailed Use of Funds Line +.Developer/ M2 Fair Share M2 CTFP Other M2 Type of Expenditure *MOE'. M2 Fair Share M2 CTFP -- Other M2 Other TOTAL No Impact Fees Interest Interest Interest Administration(Indirect&Overhead) _ 1 $ 737817 $ 737817 Construction&R%ht-of Way .. .... ._.., t. . fJ. e.,-.a ,.Z.,_, 'sq._.ctF;rau r L 2'"S__t-;5.✓c. e.-2f-a _r? ,._iB ___4._ - t i'r :r°...d..1k:z-e-R_+.,a:to .',,, :.it 1_-i-"-.v New Street Construction .2 - _ Street Reconstruction 3 __ __...__ ._ ....._....__ _...__...... ...._._ ._._.._...__.___....._ __ ,$.__. :._ Signals,Safety Devices,&Street Lights 4 ........_4......_ _...__....__._.__ _....__.......__....._ ._._...___.._.... ....__......__...._ . _,. .___. . 8 Y g .._....... ...+. .-....__..� ........__.„..__._. _.._ _._ ...._.._ 5 24,480 $ 24;480 Pedestrian Ways&Bikepaths 5 $ 5;225 _ $ 5;225 Storm Drains 6 _ Storm Damage 7 $ Total Construction' 8 5,225 - - - 24,480 - - - 29,705 Right of Way Acquisition 9 ,. ._. ...._ 5.._ „ Total Construction 8,Right-of-Way 10 5225'- - 24;480 - - 5 29,705 Maintenance ' - F Al..-..Lt_z_%•:— .L ?_till.._ __:=.'.1 _.. _e;__i- t iit2S s: .ff.Sl_.rat_ . I ;.`^iitiztX, env-`.I. -'. Patching:. 11 . _ $ ., Overlay&Sealing. 12 $ 27355. $ 343.152 _ $_ _365507 Street Lights&TraFficSignals �, 13 '$ .60,924 - ._$ 60924 Storm Damage 14 81;482 $ 81'482 Other Street Purpose Maintenance 15 283885 - ,..... ......_.P...._ __......._. .,_–'_.. . — -_” .___.......... .._ . ..... . . ..... _ _..__.._....._..._... .._.__..._....._.._ .... ......._.... .._ $ ...:283;885 Total Maintenance' _ 16. _ 448,646 - 343,152 - - 791,798 Other 17 _ 212,670 $ 212470 GRAND TOTALS(Sum Lines 1,'.10,16,17) 18 $ 1,191,688 '$ - 5 343.152 -$ - $ 24,480 $ - $ 212,670 $ - $ - $ 1,771;990 'local funds used to satisfy maintenance of effort(MOE)requirements +Transportation related only 'Includes direct charges for staff time City,ofSealfl3each Schedule4 M2 Expenditure Report Fiscal Year Ended June 30, 2016 Fair Share Project List • PROJECT NAME AMOUNT EXPENDED ST-1502LOcal;Stfeet Resurfacing Program 5 331,734 ST-1610-Westminster Avenue Rehabilitation $ 11,418 $ 343,152 City of Seal Beach Signature Page M2 Expenditure Report Fiscal Year Ended June 30, 2016 I certify that the interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for those purposes for which the Net Revenues were allocated and all the information attached herein is true and accurate to the best of my knowledge: V L • !yk :it -f ! Lot Zo l6 Director of Finance(Print Name) Date /' ;,, Signature