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Home My WebLink About12-79 - Measure M2 Expenditure Report for FY 2011-2012RESOLUTION NO. 12-79 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, ADOPTING THE MEASURE M2 EXPENDITURE REPORT FOR FISCAL YEAR 2011-2012 THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: 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; 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 part of Measure M2. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Costa Mesa, California, does hereby inform the Orange County Transportation Authority that: a) The attached M2 Expenditure Report 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. RESOLUTION NO. 12-79 PAGE 1 OF 2 b) The M2 Expenditure Report is hereby adopted for the City of Costa Mesa. PASSED AND ADOPTED this 4th day of December, 2012. ATTEST: k _ Brenda Green, Interim City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) Thomas P. Dtarte, City Attorney I, BRENDA GREEN, Interim City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 12-79 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 4 adopted of December, 2012, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: Genis, Leece, Mensinger, Monahan, Righeimer NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 4th day of December, 2012. RESOLUTION NO. 12-79 PAGE 2 OF 2 City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2012 Beginning and Ending Balances Description Line No. Amount Balances at Beginning of Fiscal Year • -airs------------------------••------ .. Fairshare ••----•-------•----............. 1 ....------- ........................ M2 Fairshare Interest :.... ...........:.............. 2 -� ----•--...----....... ;M2 CTFP •.............". ------------------------•-••••------------------ 3 .,..$ .".."-iiia-•---•----.. .................... ;M2 CTFP Interest -----•.......................""....................--------------- 4 $ ""--------'•-"-•- ' .. aOther M2 Funding ................... 5 _ $ 843 `Other M2 Interest ;Other*7 .. ...............: ----------------•-- ........ --------- ------- ."...... Balances at Beginning of Fiscal Year (Sum Lines 1 to 7) ----------------------------------------------"...........--- ... .... ..----- 8 $ 843 Monies Made Available During Fiscal Year. .............".._._ --. iiia---• 9 ia- •ii. •-.........."........... $ 2,539,970 l M Totaonies Available (sum Lines 8 & 9) 10 ,...- iiia----- $ 2,,55440, 13 `Expenditures During Fiscal Year 11 ..... $ 1,891,623 Balances at End of Fiscal Year .............................................. ..----- —...... ;M2 Fairshare -----•.........................................................".-......................... 12 $ ;M2 Fairshare Interest .-.. 13 ---14 _ ______2__,015,225 $ 12,013 - LM2 CTFP ....................... .....................••----...... "- -.."$ -""15 -_-----------(91:967_) ;M2 CTFP Interest $ -- ;Other M2 Funding ---- _-•-...... •• 16 -- _ --------------- $ •--------------------------- ;Other M2 Interest •----•--•----------------------- 17--- -.___.__(1,286,081), $ ---- ;Other* ---------------- -- •-----------........... * Please provide a specific description CTFP - Combined Transportation Funding Program Schedule 1 C:\Documents and Settings\sethu_r\Local Settings\Temporary Internet Files\OLK2B\Measure M2 Rpt FY 11-12.xls City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2012 Sources and Uses Description Line No. Amount Revenues: ,- Fairshare 1 $ 2,015,225 ;M2 Fairshare Interest $ 12,013 CM2 CTFP --------------------------- ...3 ..- ...---... -'•--------------------• ------ tiM2CTFP Interest q -- ;Other M2 Funding""""" ......................• ••-----... ......... __......--•-••---...._ --••6 514,418 ;Other M2lnterest --• $---•-------- i0her* t 7__...---------------- ....... TOTAL REVENUES (Sum lines 1 to 7) 8 $ 2,539,970 Expenditures: .................................................. MME VM2Fairshare 9 $ _• CM2 Fairshare Interest _ 'M2 CTFP ..-----_.."__.__.•. 91,967 ti-- CTFP Interest _ ;Other M2 Funding ......... .............1.,.7.9.•9-,-6-5•6-- ;Other M2 Interest-••---------------------------------------------$."'""""" "_.— ..- 15$.. .............."_..._Other* TOTAL EXPENDITURES (Sum lines 9 to 15) 16 i $ 1,891,623 TOTAL BALANCE (Subtract line 16 from 8) 17 $ 648,347 * Please provide a specific description (1) This amount excludes revenues invoiced but not received by 9/30/12 of $1,201,964. (2) This amount corrects the $843 beginning balance reported to OCTA that should have been($843). (3) This amount includes $99,628 that was invoiced in June 2012 but not received by the City by 6/30/12. Schedule 2 (1) (2) (3) CADocuments and Settings\sethu_r\Local Settings\Temporary Internet Files\OLK2B\Measure M2 Rpt FY 11-12.xls City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2012 Streets and Roads Detailed Use of Funds Schedule 3 Type of Expenditure Line No *MOEImpact Developer/ Fees M2 Fairshare M2 Fairshare Interest M2 CfFP M2 CTFP Interest Other M2 Other M2 Interest Other TOTAL Agenry Staff&Administration 1 $ 1,055, - $ - $ - $ 616 11,706 $ - $ - $ 1,067,376 Construction & Right -of -Way 4imm $ 42,20 91,351 0_.3..0..,5.... 2_8.:.. -............New Street Construction 2 $ 42,207 $ - $ - $ 91,351 $ - $ - $ - $ -$ 133,558 ...........e-................................................................................................................................................................................................................................................................................................................................................................................................................... Sconstruction 3 $ 280, - $ $ - $ - $ - $ - $ - $ - $ 280,880 ......t..................................................................................................................................................................................................................................................................................................................................................................................................:Signals.. Safety Devices, &Street Lights 4 _$...................... $ - . ... $ - -...5......................... .... $ - _$. ......... $ - ......... $ - .......... $ - $ - $.....410!539.. ............. .Pedestrian Ways&Bikepaths........................................ .. . 5... _...... _410,.. $.._...._..........:..-5.......................: _.............._............. .....................................................- _....................... .$ .? _$.......................-.............................-....$.......................-..s.......................... .s........................-....$......--.............:..$.......................:. $ - $ - .?........................... _$........................... $.......................:-...$.......................... `:Storm Drains 6 $......._105:923.. ...s ......................_....$ ..........................__....$_....................__.. _$................-....__...5......................._.... ..................._.....1— ...17..... 46- .............o........................................................................ .......................... ;Other Street Purpose Maintenance .................................... 15 ....................................... $ 2,391,863 _$........................:..:$.......................:.._$.......................:.. .............................. $___ ___ .............................. ..................................................................................................................................................................................... _$.......................:. _$........... _$........ _$.......................:.. _$.......................... _$........105:923.. IVItlI J................!.C..V.../......j.. .......................-.... j ........................-.....j................. !..........j - .. j ! - j?...! ... - .$.........W .........1_,!. ...... ...............L...V..1..1.J..l..f...........I.V...1.1....... _.._............................................................. g .... ..]........ _/...... _.Y._G... :. LE ...$ . .......... .........._$ Total Construction & Right -of -Way $ 797,342 $ 42,20 91,351 0_.3..0..,5.... 2_8.:.. ................................................................................................................. Maintenance .......................................................................................................... Patching $......... $ $...... $ $ $........ $...... $.... .................... ......................11.... .......... ..... .... Overlay&Sealing 12 _$...................... $ - . ... $ - ...... $ - .... $ - _$. ......... $ - ......... $ - .......... $ - $ - .. ....... $ - $ ...................................................................................................................................................................................................................................................................................................................................................................................................... 'Street Lights & TrafFlc Signals 13 $ 1,898,302 $ - $ - $ - ......................_ $ - $ - $ - $ - $ - $ 1,898,302 .............,Storm.Damage........................................................................14...............174,846..........................._ ...s ......................_....$ ..........................__....$_....................__.. _$................-....__...5......................._.... ..................._.....1— ...17..... 46- .............o........................................................................ .......................... ;Other Street Purpose Maintenance .................................... 15 ....................................... $ 2,391,863 $ - .............................. $___ ___ .............................. ..................................................................................................................................................................................... $___________ $ - $ - $ - $ - $ 2,391,863 ........................................................................................................ Total Maintenance 16 $ 4,465,011 _ _ _ $ - _____ _____ _______ $ - _$______________________.-__ $ - I.$_.................... __,____.__- . .................................................................................--................................................................. $ - $ - ......................_...$ $ - ....1,688,322...$ $ - ......................_..$......................._. $ - $ 4,465,011 -.....-2,062,562 Other.......................................................................................................`17 .....$........374,540_ .........................._.....5..................... _.. _............................_....$ GRAND TOTALS (Sum Lines 1, 10, 16,17) 1 18 $ 6,691,947 $ 42,207 $ - $ - $ 91,967 $ - $ 1,799,656 $ - $ 8,625,777 * Local funds used to satisfy maintenance of effort (MOE) requirements +Transportation related only CADocuments and Settin_as\sethu_r\local Settings\Temporary Internet F1les\0LK2B\Measure M2 Rpt FY 11-12.xis City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2012 Fairshare Project List Schedule 4 PROJECT NAME AMOUNT EXPENDED ------------ •..•'.'...'----•------ ----- ".................. -....... ••----...__........ N/A_ no Fairshare funding was expended in FY 11/12 ...,.-- ............................ ...................... ...................... ............. .................. ----------------- .................................................................................• .................. ................... .............. ------------••-•---------------------------------------•----................ ...............................------- ••-............... .......-...-._........ ----------------------------------------- ------- ---.............. ----------- ----------------------- --------....._......._.-.,...-------------------•------------ ................. ------------------------------- ..-...... ........ ............ --------------- -----• .....-............ ......... .. '•..... •......._ .......................................................... •------ '-----••----- ............................................................ ................. .......................------- ..__._............. .-- ------ .._.._..._._.-..__... .............................. .............. ......• ..................................... --------------- ............. ..................................... ...............-------------------- --------------------------------------- ----------------------- -------------- ........................................................................................................ ---------------------- ------- •----- ...---............ ...... ....... -----------------•....... --------------------- -.---------- ........ .. ------ -------------------- ------ •-------- ------- ••---------------- .-_.. ---- ------------- ------ ....... -......................... ...-_...._ -------------------------------------- ------------------- --------- --............ ....................... -- ----- .................. --------- -----•- -•---- ............................ ....... ............. ........................ ........................................................... ...... --------------•-•'----------- •------ ------ -------- .......... ••------- ------------ -'•••... ..................• •--------- ........... ------ ---------------- --------------- ---------- --- ------------ ...-------- ------------------ -------------••------- •------------------------.... ---..... ............................................................................................---------- --------------------- •.,........................... ......... ....... ..__._,....... ------------------ ------...........------- ,......... ---- ------ ....................... -_..••--------------- ------------•--------........ ........ .............. ...........................-__-..--------_.-...... .......... ....-.._._._............................. -------------------•-------•--------------• -------- ----------- -------------- -------------••--------------- -- --- ---------------------- --------------- '---------- .----- ..- ... ............ ---------- ----------- ....... -...... ...... ---•-......................... ............. ....... •-•-------- ----.......................... --------------------------- .-.------- •-------- ....•--- ....... -------._-------.... -------._.. ....-................... ............ ..................... .. ......... .......... --••----.._. .................... ------....... ...... -.-.... ..... -----._........ ..................... ............. .................. ---•--- ----------- --------- .................. .._... .............. ----------..... .................. ............... --- ---- ------ ------•-- -_...................... ------ •,•...... .--------- ........ ..-..__..,__.._. ............. --- ------ .. .... ..,..... .--._._ -- ....................... --------------------- ._...------ ............. .------------. $ CADocuments and Settings\sethu_r\Local Settings\Temporary Internet Files\OLK2B\Measure M2 Rpt FY 11-12.xis Measure M2 Expenditure Report 1 certify that all the information attached herein is true and accurate to the best of my knowledge: Director Page 138