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Home My WebLink About13-55 - Measure M2 Expenditure Report for FY 2012-2013RESOLUTION NO. 13.55 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, ADOPTING THE MEASURE M2 EXPENDITURE REPORT FOR FISCAL YEAR 2012-2013. 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; 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 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. 13-55 Page 1 of 3 b) The M2 Expenditure Report is hereby adopted for the City of Costa Mesa. D this 3`d day of December, 2013. ATTEST: k Brenda Green, ity Clerk APPROVED AS TO FORM: / I/A )t Th-omA ktuAe, City Attorney Resolution No. 13-55 Page 2 of 3 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) I, BRENDA GREEN, City Clerk of the City of Costa Mesa, DO HEREBY CERTIFY that the above and foregoing is the original of Resolution No. 13-55 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 3`d day of December, 2013, 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, 2013. &-Wd'a- GkY�Vt, BRENDA GREE , CITY CLERK Resolution No. 13-55 Page 3 of 3 City of Costa Mesa Schedule 1 M2 Expenditure Report Fiscal Year Ended June 30, 2013 Beginning and Ending Balances Description Line No. Amount Balances at Beginning of Fiscal Year W= .M2 Fairshare1 ..,. ..., .... .... ........ $ 2,015,225 M2 Fairshare Interest ...,.... 2 $ ..,.,.... 12,013., M2 CTFP 3 $ (91,967) )M2 CTFP Interest q $ ,Other ther M2 Funding,. 5 $ (1 286 081) :Other M2 Interest .. 6 $ .., Other* .... ....,..,., 7 ........,. Balances at Beginning of Fiscal Year (sum Lines 1 to 7) 8 $ 649,190 Monies Made Available,Durin.g Fiscal Year 9 4137 794 Total,Monies Available (Sum Lines 8 &,9) 10 ,$ $ 4 786 984 During Expenditures DungFi scal.... 11 $ 1,820,787 Balances at End of Fiscal Year. - M2 Fairshare 12 $ 4,022,882 M2 Fairshare Interest,,,,,,.,, 13 $ 13 528 M2 CTFP,...... ...., ... ..... 14,....,.$. ........1790860, InterestIM2 CTFP 15 $ - Funding .... ...... Other M2 F ... 15 .. „$., ...... (279,353) M2 Interest nt ...... 17 ........ - ..,... Other 18 .,, ..... * Please provide a specific description CTFP - Combined Transportation Funding Program F \FINANCE\COMMON\Measure M2\FY 12-13\Report FY 12-13 City of Costa Mesa Schedule 2 M2 Expenditure Report Fiscal Year Ended June 30, 2013 Sources and Uses Description Line No. Amount Revenues 2 Fairshare ... ..... ... ..... .... ..... 1 $ 2,007,657 M2 Fairshare Interest 2 .... ........... .. ... $ 31,975 M2 CTFP ..... ..... 3 $ 141,566 M2 CTFP In....... crest q ..,..„ ......... .......... ... Other M2 Funding Other M2 Interest 6 s. ,Other* TOTAL REVENUES (Sum lines 1 to 7) 8 $ 4,137,794 Expenditures: .... s=� ..,. ......, M2 Fairsh,are. .........,. - ......... .......... M2 Fairshare Interest ., ........ ........... ........... 10 .... $, 30,460 .$ ...... .............. ......... .,,..... .. ......... ,..840459 ,M2 CTFP Interest 12 $ _ ther M2 Fu .,,,... ..,.... ..... ...,,.... 13 $ 8 Other M2 Interest ...terest .... ......... 14 ................... ...., ..,....., - .......... ......., .,.......... Other* 15 $...$.. ....... ........., TOTAL EXPENDITURES (Sum lines 9 to 15) 16 $ 1,820,787 TOTAL BALANCE (Subtract line 16 from 8) 17 $ 2,317,007 * Please provide a specific description Footnote: Line 5 includes $1,511,178 (Freeway Environmental Mitigation); $72,872 (Senior Mobility Program) and $372,546 Project P. F:AFINANCE\COMMON\Measure M2\FY 12-13\Report FY 12-13 City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2013 Streets and Roads Detailed Use of Funds Schedule 3 f 7 Type of Expenditure Line No *MOE + Developer / Impact Fees M2 Fairshare M2 Fairshare Interest M2 CTFP M2 CTFP Interest Other M2Other Interest 2 Other TOTAL Agency Staff & Administration (Indirect & Overhead) _.. 1 $ 693,391 $ $ $ 3a,460 $ 73,675 $ $ 9.320 $ 806,846 Construction_..- &Right of Way y�( ,' T' J�,t1:, 1� � 12 { V itli f Ij1�5 rH,{t�F42it..j'�t2 t4..xrv� Yo !A p. u4is N a5.i, jm4 t `t.,nln4 {ui't 7I'l lei a4I� :4 :F =k`vl tt 1 t,: qt l'}1 s1. �. t t*',S01 , x my , 1= �.: o. 2i _.1,41 �dSD if", ; W fS 7E, iW�{'j�YII�s ,1 .t tn� i,j5 r ( 1't;�t'C4h41 i1 tg D 'Y'P't H =M itf .2F L ,4@%'fl� �F �.t v:g :f Y {,Fat tm; T 1..��aJtl.."�t �r '= e.4:1tp 4 °;i i` !„��i... g'Ri 1,14 C(t l .t'%�eftii�ii�'d New Street Construction $ .r S .G..nl S $ F� S, et.i$ 5 a t.' v $ Sr :. sl}+, 2`-f t L..i('!F!'�.jMO� .� _ .. $ _ Street Reconstruction 3 $ 277,249 $ 75,925 $ $ $ 149,498 $ $ $- 1 $ 11 $...1 505,672 j .Signals, Safety Devices, & Street Lights 4 $ 470,879 $ 5 - $ $ 181,500 $ $ 608,751 $ - $ - $ 1,261,130 M Pedestrian Ways & Bikepaths 5 $ 70,108 $ $ $ $ - $ - $$ _ $ $ 70,108 Storm Drains 6 $ 92,042 $ $ $ _ $. .. $ . ,., $ . $ .... - $ _$... _.. Storm Damage _. 7 .. $ _ $ _ $ $ $. . $ ._. $ 5 5 _... 92,042. $ (Total Construction _. 8 $ 910,278 $ 78,925 ._.. $ $ $ 330,998 $ - - $ 608,751 -' $ $ $ 1,928,952 I Right of Way Acquisition 9 S $ 11,385 $ $ $. 435 786 $ $ $ $ $ 447,171 !Total Construction &,Right-of-Wayi 10 $ 910,278 $ '90,310 S $ $ 766 784 $ $ 608 751 $ $ 2,376,123 Pdaintena nce ii' Tlil�i2n to =r.� lit fl 1}} kl trya ii t !� r�'i all(..'tltl N +.n=1„3,N4.„ eli iii :'=�i Eni� W ,$.a ,�, r ri.F F2 tt(it S�, F 6 'SI ` I�{i� �iii iflt':tI vii. X�; �G6iN7i�'4n1�a�.66G)(Cd6rt2 Sit{t i (�'ut i 1�hyx tj "3,W c.:. Lt5 y t.}sr {9i tm��(, �5„.y� pry �µ Patching 11 $ $ 'veJ�st $ ..ei". $ it$ =u.>�.'..tfutr''. it t1i��,t'� ,wits$Litdt2illiLJ?g4(Itf%tLIitgi',�'H. .._ $ - 5 $ Overlay&Stalin g 12 $ .. . $ 5 $ $ $ Street Lights ,& Traffic Si nals g 13 $ 1838,432 $u,;wh $ $ - $ $ .... $ $ 1,838,432 .Storm Damage 14... $ 93,589 5 ._ S $ $.. -...$ 93.589... Other Street Purpose Maintenance P 15 $ 2,065,704 $ $ $ $.. _. _.. I _.. $ $ $ $ $ 2,065,704 !Total Maintenance' .... _., _ 16 $ 3,997,725 $ _... $ .. $ $ $ - $ $ $ $3,997,725 Other 17.... $ 384,735 $ $ $ $.. _.. $ $ ..331,797 $ _.... $.._... _. $... 716,532 (GRAND TOTALS (Sum Lines 1, 10, 16, 17) 18 $ 5,986,129 $ 90,310 $ - $ 30,460 $ 840,459 $ - $ 949,868 $ - $ - $ 7,897,226 Local funds used to satisfy maintenance of effort (MOE) requirements +Transportation related only Includes direct charges for staff time R\FINANCE\COMMON\Measure M2\FY 12-13\Report FY 12-13 City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2013 Fairshare Project List Schedule 4 F:AFINANCE\COMMON\Measure M2\FY 12-13\Report FY 12-13 M2 Expenditure Report Fiscal Year Ended June 30, 2013 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: *keit a4t� Director of Finance