HomeMy WebLinkAbout2024-45 - Measure M2 for Fiscal Year Ending June 30, 2024RESOLUTION NO. 2024-45
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA,
CALIFORNIA, ADOPTING THE MEASURE M2 EXPENDITURE REPORT FOR THE
CITY OF COSTA MESA FOR THE FISCAL YEAR ENDING JUNE 30, 2024
THE CITY COUNCIL OF THE CITY OF COSTA MESA HEREBY FINDS,
DETERMINES, AND DECLARES AS FOLLOWS:
WHEREAS, local jurisdictions are required to meet eligibility requirements and
submit eligibility verification packages to the Orange County Transportation Authority
(OCTA) in order to remain eligible to receive M2 funds; and
WHEREAS, local jurisdictions are required to adopt an annual M2 Expenditure
Report as part of one of the eligibility requirements; and
WHEREAS, local jurisdictions are required to account for Net Revenues,
developer/traffic impact fees, and funds expended by the local jurisdiction in the M2
Expenditure Report that satisfy the Maintenance of Effort requirements; and
WHEREAS, the M2 Expenditure Report must include all Net Revenue fund
balances, interest earned and expenditures identified by type and program or project; and
WHEREAS, the M2 Expenditure Report must be adopted and submitted to the
OCTA each year within six (6) months of the end of the local jurisdiction's fiscal year to
be eligible to receive Net Revenues as part of M2.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF COSTA MESA AS FOLLOWS:
Section 1. The City Council of the City of Costa Mesa does hereby inform the
OCTA that:
(a) The M2 Expenditure Report is in conformance with the template provided
in the Measure M2 Eligibility Guidelines and accounts for Net Revenues
including interest earned, expenditures during the fiscal year, and balances
at the end of the fiscal year.
(b) The M2 Expenditure Report is hereby adopted by the City of Costa Mesa.
Resolution No. 2024- 45 Page 1 of 3
(c) The Costa Mesa Finance Director is hereby authorized to sign and submit
the Measure M2 Expenditure Report to OCTA for the fiscal year ending
June 30, 2024.
Section 2. The City Clerk shall certify to the passage and adoption of this
Resolution and shall enter it into the book of original resolutions.
Resolution No. 2024- 45 Page 2 of 3
ATTEST:
Brenda Green, �ity Clerk
STATE OF CALIFORNIA
COUNTY OF ORANGE
CITY OF COSTA MESA
Kimberly Hall Barliow, City Attorney
AYES: COUNCIL MEMBERS: CHAVEZ, GAMEROS, HARPER, MARR, HARLAN, AND
STEPHENS.
0 : •�'-; �1-1' M �
IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City
of Costa Mesa this 20th day of November, 2024.
r&011j& oxp-,
Brenda Green, dity Clerk
INES�
City qF Costa Mesa Schedule I
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Beginning and Ending Balances
Description
Line
No.
Amount
Interest
Balances at Beginning of Fiscal Year
.................... I .................. I .....................................
A-M 3 Freeway Projects
0 Megional causkv�Emnjagl
2
............. . ........ .... .. ...
$ 188.,.416.90
...... ...................
$
..................... .
......1.....
......................................
...... I ........ I .........................
P "Regional Traffic Signal Synchronization Program (RTSSP)**
3
(890,135.13)
.... ....... I ....................................................................................................................
i Local Fair Share ................... .........................................................
..................
4
.................
..............................................
$ 6,457,271.26
......
...... I . . .....................................
$
R-H!&h Frequency �!lnk Service
5
.
............... . .........
$
...........S .................... .........................................................................................................................................
S Transit Extensions to Metrolink
6....
....
$.........................
........................................
$
.. . ....... ...... ........... .... ............... ...... - ...............
T Convert Metrolirik Station(s) to Regional Gateways that
.......... ...
7
....
$ -
............... .......
$
connect Orange Co Systems
..... ... . ....
'Senior Mobility Program or Senior Non -Emergency Medical
U
.. ......
8
..........
$ 83,634.40
........... . ....
$
"Pro&ra***m
V Communitvii�W�nS1t/CircuIators
"""`... '"'''................... .................................................
......9
1".'.*.........-...*..*
(11,40...02)
......
$.
......................
'Safe Transit Stops
.............*....................................-..........''..
10
'*
$ (73,922.09)
....................... . ..... . ........
$
X Environmental Cleanup Pro ram
1�
$ 3,933.46
$
�1
12
................. __ ..
$ 87,099.32
........... . ............. ...................
$
Balances at Beginning of Fiscal Year
13
$ 5,808,008.12
$
.......... ......... ...... ............. .......
Monies Made Available During Fiscal Year
.........
14
...... .. ....... ..................
$ 4,315,230.64
..................... ...... .......
331,219
Total Monies Available (Sum Lines 13 & 14)
is ...
$ 10,123,238.76
. . ......... .......... ........ . ........ .
331,219
1 Expenditures During Fiscal Year
16
...
$ 2,426,187.29
Balances at End of Fiscal Year
I I
'X_ av 'r,o—le"
17
$ (36,889.201
1 .... 4 ............... r.� .... .. . .............. ....... ...... ..................... . ................... ....... .........
0
.-Regional C.....
.........%, .......... ....................................................
...... ......
..I18 .$
. ...... ....... . .... ; ...
221.,.547.98
..........I.....................
_$', .........
$ .....
P Megional Traffic Signal Synchronization Program (RTSSP)
19
$ (810,904.29)
$
. ..... ..........................................................................
.....................
-Local Fair Share
t......- 1-1-....' .......... ........... ............... ................ ...................................................
.........
20
I .......................... I ...................'....
$ 8,413,292,26
....................
...................... I ............
$
.......klHighFrequeKyM
�q!inkServ.ce
21
$
$
......................
....................qi*�i: .............."...........................I......."....................I..........
,Transit Extensions to ��i�ink
22
......................................
.........
..............I................. ..
$ .......
..................................
.............................
..
T ;Convert Metrolink Station(s) to Regional Gateways that
23
$
,connect Orange County with High -Speed Rail Systems
...... -i ........ .... ... . _ .... I., ... -1- ... ... 1- ..........
UtSen
U !or Mobility or Senior Non -Emergency Medical
24
$ (61,520.73)
... ............ .........
...................*.*.......
...........
.............. - ... ...... .....
V 'Community Ba�qqlK�2�it/Circulators
(11,401.00)
$
Stos!................ .........................................
pi,",*,......
�....�...
..26.
...... ...... .1..$
.....................577.91$.........,.......................
...
.
...........
.......-........iEn�i�;��eniaiEeanup
Program
..*...
$
....
.........."..*. 11 ...........(Water . ... ......quality)..,.....
'Other*
...27
...................
28
.
............
$ 92,570.88
............. . .............. ............
$
* Other- City billed City of Santa Ana in amount of $5,471.56 In FY23-24 for Bear Street SSP.
"City received $164,037 reimbursement from OCTA for Bear Street SSP on 8/30/24. Clty had recorded partial amount of$132,463 as revenue In PY21-23.
OCTA suggested to adjust and reduce beginning balance by $132,463 and record the full reimbursement amount as FY23-24 revenue.
*** Combined the interest on SIVIP balance.
City of Costa Mesa M2 Expenditure Report Schedule 2
Fiscal Year Ended June 30, 2024
Sources and Uses
Description
Line
Amount
Interest
No.
Revenues:
.................... .......................... .......... .................. ...
A.M :Freeway Projects
1
$ -
......................................................
.
._.,__
_.... _,.......
$ -
P : Regional Traffic Signal Synchronization Program (RTSSP)**-
Q =Local Fair Share
......................................................................................
4
`$ 3,489,,746
w ------ .... ----
$ 330,259
------------ ----
:Hip�h Frequency MetrolinkService»»
5
$ -
»R »»»»»»»»»»» »»»»»»»»
..._ ..... ........
S :Transit Extensions to Metrolink
6
...»..........
$ -
»»»»»»»»»»»»»»�»
$ -
_____________________________________________________________
T ,Convert Metrolink Stations) to Regional Gateways that connect
7
$
....._.._...._.....
$
'Orange County with High -Speed Rail Systems
U :Senior Mobility Program or Senior Non -Emergency Medical Program« »»
.«, ,.. , , . ......... ..,
. 8 ,
$ 126a418
......._...�.
$ 959
.............
V :community Based Transit/Circulators
...............................
U1/ Safe Transit Stops
.
................................
10
......
$ 74,500
._............
X_ AEnvironmental Cleanup Program Quality)
_
11
$ -
$
.____.._..._„__...."."
:Other***
12"
-$ 5,472
.$ _
TOTAL REVENUES (Sum lines 1 to 12)
13
$ 4,315,231
$ 331,219
Expenditures:
A-M :Freeway Projects."..."....."______________________„»...".""__"._.._......
. 14 ...
$ ..»......".».. _..
$ ._..........»
_ »
O :Regional Capacity ProgramRCP�»»»»»»»»»»»»»»»
15
$ -
$ -
wwww .www.. »»»»»»»»»»»»»»»»»»»»
.dw w
P 'Re gional Traffic Signal Synchronization Program (RTSSP)
. ......
.
16
.....
w.». ...... wwww.
$
... _»w....w
ww.. .._
$ -
_�_ . .».....................>._._...........................ww
Q;Local Fair Share
17
»506,733
$
....
$ 330_259
„ _ „„„„ »„„„________________________
R ^High Frequency Metrolink Service
_
18
_1,533�725
$ _ ____ _._
_
_$ ____ __ _
S :Transit Extensions to Metrolink '"__________________________________
.............. .......................... ................
._1s_
........
............... ....
-
......... .....<,,,_
.........................
T 'Convert Metrolink Station(s) to Regional Gateways that connect
20
$
$
.Orange Count with High -Speed Rail Systems
U .Senior Mobility Program or Senior Non -Emergency Medical Program
21
$ 271.573
$ 959
V ,Community Based Transit/Circulators
22
$
-
$»-
»,,,.,, ,.. .,...»�..»» »� . »»
... ........... . .... ...,.,. ,........... .
R
W rSafeTransitStops
,
, ....,.
23
_ . .
»»»R»»»»»»...
-
$
_ . _
.... ...... ......................
.. ................ .. .... .._.._.........,..
X ;Environmental Cleanup Program (Water Quality)
24
. ..._..._._
...._
. ._...,....._.w
.Other
25
TOTAL EXPENDITURES (Sum lines 14 to 25)
26
$ 2,426,187
$ 331,219
TOTAL BALANCE (Subtract line 26 from 13)
27
$ 1,889,043
$ -
* Other -City billed City of Santa Ana in amount of $5,471.56 in FY23-24 for Bear Street SSP.
City recorded following revenues on the accrual basis:
** $33,131 for Newport Blvd Widing Project (RCP) reimbursed by OCTA on 8/28/24
*** $164,037 for Bear Street RTSSP reimbursed by OCTA on 8/30/24
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City of Costa Mesa Schedule 4
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Local Fair Share Project List
PROJECT NAME
AMOUNT EXPENDED
Citywide Street Improvements ...................................„....$....,_.1,523,403.44
.................
...............
Adams at Pinecreek Improvements
$
81,135.74
Traffic Signal Modification Baker Street at Babb Street
$
84,260.89
__»_-»,
Adams Ave Bicycle Facility Project
$
93,247.52
West 19th Street Wallace Ave Traffic
.............»...................... ..,.»_......... ........... _.....__.»..>_.....,
_---_-_-__.-_.—
______________________---
.................................................................. . ,...
..........................................................................................................
..............<............................._......_._..>.,.............
............................. _...._............ .._................
------------------ ..__......._..____.,.___-_....... ___
.__._,».... .........................................................................................
................................... ................ <....................................
..,_-_»____»»» »,».,------ »»,--------- --»......
»»»»»»»»» »»»»...._..._..»
............ ............. ............. ...........»,,......_......... ..,,
................»._................ ........ ............ ..._............. .............
-----------
----------- ____-------- __ ____ ______________ __________ ------
......................................................................................................
» __,..__ „................................»............. ............. --- ......
----------- »-------- __»_»------- .»»-------
---------- ..»..--------- »...... _»»»»»»»»»__ _»»»»»____»_».»»,»_____»__»»»»
..........------- t-._.__.,.....,,.,.............. >......... --- ............
._._....._.»...»............................... .......... »..._.._..».............
---------- ______------ _______.... __----------------- __ „.. _.. .____------ ..,._..........
---------- _-------- ___------- ___-------------------- _______ __........ _..,....r_.___
_.....,,,.»...... .................... .............................._.........,......................
................ ............ .»................... ,_»._...... ._...... ,_.....................
----------------- ... .........
..............»........_......»...»................... »»...... ,.........
..................... >........ ........... »_.._...........»_._............ .----------------------
---------- ___ ____ ________ ________ ____ _________ ___....... __________________________
................,...............,............. ......... ..,.................. _,,,_,_,...............
............. .»...... ,.................. .....»».,.......... ....... ....._....,,,,..........
-----------
---
-------
.__..__...__.__.________
»»_»_».»»_»»».»._----»»»
.............
_..............
...__._
,....................
..........
____,_
.............
----------
81,936.87
............
-.______--_-_____._
_-------------- „_
---- ,,,_,-
-_»-_.__-___
..........
_»............ ...
,................
.........
......
... _________..
....__.».....__
»__-__-_»»
...»_..........
.......... ....
............ »,.
»....... .
--- .... »
.>--- ..,..........
,_-_.,
......»,...._._.
$
1,863,984.46
City of Costa Mesa
Signature Page
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
I hereby certify that:
M All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of
my knowledge;
® 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;
0 The City of Costa Mesa is aware of the State Controller's "Guidelines Relating to Gas Tax Expenditures for
Cities and Counties", which is a guide for determining MOE Expenditures for M2 Eligibility purposes;
® The City of Costa Mesa's Expenditure Report is in compliance with direction provided in the State
Controller's "Guidelines Relating to Gas Tax Expenditures for Cities and Counties;" and
® The City of Costa Mesa has expended in this fiscal year an amount of local discretionary funds for streets and
roads purposes at least equal to or exceeding the FY 2023-24 MOE benchmark dollar amount11
Carol Molina
Director of Finance (Print Name)
Signature
Jurisdictions are encouraged to submit MOE eligible expenditures higher than their MOE benchmark, so that
should certain expenses be ruled ineligible during an MOE audit, the local jurisdiction still has sufficient MOE
expenditures to demonstrate continued achievement of the MOE benchmark.