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Home My WebLink About16-87 - Measure M2 Expenditure Report FY 2015/2016RESOLUTION NO. 16-87 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 FISCAL YEAR ENDING JUNE 30, 2016 THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, Orange County Transportation Authority (OCTA) 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 the 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 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 Measure M2. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Costa Mesa, California, does hereby inform the OCTA 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. b) The M2 Expenditure Report is hereby adopted for the City of Costa Mesa. Resolution No. 16-87 Page 1 of 2 c) The Costa Mesa Interim Finance Director is hereby authorized to sign and submit the Measure M2 Expenditure Report to OCTA for the fiscal year ending June 30, 2016. , Mayor Pro Tem )PTED this 61h day of December, 2016. Brenda Gre", , City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) City Attorney 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. 16-87 and was duly passed and adopted by the City Council of the City of Costa Mesa at a regular meeting held on the 6th day of December, 2016, by the following roll call vote, to wit: AYES: COUNCIL MEMBERS: Foley, Genis, Monahan, and Righeimer NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: Mensinger IN WITNESS WHEREOF, I have hereby set my hand and affixed the seal of the City of Costa Mesa this 7th day of December, 2016. A XVI Brenda Green, ity Clerk Resolution No. 16-87 Page 2 of 2 City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2016 ATTACHMENT 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: Stephen Dunivent to •.?940 Director of Finance (Print Name) Date *A!! 0446� Signature City of Costa Mesa Schedule 1 M2 Expenditure Report Fiscal Year Ended lune 30, 2016 Beginning and Ending Balances Description Line No. Amount Balances at Beginning of Fiscal Year - $-------- 4,899,752 -- _ ?M2 Fair Share--_.-. --------- -- -------------------- 1 -------- M2 Fair ShareInterest 2 $ ,.... M2 CTFP ............................... .........'--......................-•.. 3 $ _(859,995f .-..------.... M2CTFPInterest _. ,.. - 4 $-- --------- . ........... ........ OtherM2Fundin$_...------•----------------•----..._. ------• ....5......... --- ---- ......-----'- {1,647,984) ;Other M2 Interest6 ---------- ---.. $ •--------•-- -------..-....... ...... ......... . 1_ :Other" .......................... 7 ------.._...- ----- ' --------------- -----------------...... Balances at Beginning of Fiscal Year (Sum Lines 1 to 7} ------- .......... .....................................................---.-.......... .... 8 ........ .-.............. $ 2 391,774 Monies Made Available During Fiscal Year ------ ---------------------- 9 -------- $ 2,432,201 __ .-...---..... Total Monies Available (Sum Lines 8 & 9} -'--',"..................'...---............................... 10 .............-•-•------- ...---------------....-. $ 4,823,975 ------- .Expenditures During Fiscal Year _ .---- ---- -------------.... 11 $ 4,635,217 Balances at End of Fiscal Year -- ------------- -• -------_--- - __-M2FairShare---_-_-. -.. __12_. $4,117,804 M2 Fair Share Interest 13 ;M2 CUP14 ........ $.,..•.•_. (1:640,434) --._..._------ ................ M2 CTFP Interest .......-_................................................................ . _- 15$ :Other M2Fu.......-_---__..._._.................__. .._16... .'-------------------- $................,612 Other M2 Interest 17 $ = .- och*... -'-------- ----------..............---- -- er -- $ - $ W Please provide a specific description CTFP - Comprehensive Transportation Funding Programs City of Costa Mesa M2 Expenditure Report schedule 2 Fiscal Year Ended June 30, 2016 Sources and Uses Description Line Amount No, Project Description Revenues �. Amount .Revenues; - _-,.-...'.. _......................... ..-._...... ....-., Fair5hare ...................................................................... 1 ............................. $ 2,299,937 Fair Share Interest 2 $ 48,643 .. _ ...-.._ .. — — -- .jM2CTfP{Project0) 3............_........ ----------- ... .._...------ __.-.._ i MZ CTPP Interest 4 High Frequency Metrolink Service .Other M2 Funding** .. ............. .. .......... - 5 $ 83,590 Other M2 Interest 6 $ 31 Other* 7 TOTAL REVENUES {Sum lines 1 to 7) 8 $ 2,432,201 Expenditures: _ $ Senior Mobility Program or Senior Non -Emergency Medical Program M2 Fair Share 9 $ 3,081,886 :M2 Fair Share Interest 20 $ 48,643 .....:M2CFFP (project 0) ..................... ...... ......... . .-1i I$ M2 CrFP Interest --- 12 -$... ..._780,439 $ ----------------------- - -_-..._. _._......_. __........ ....... ___ Other M2 Funding**.. ... ---- - -- - ------ -. -- 13 -.- ......------ 7�4,2 $- ---- ------ 8 :Other M2 Interest ..................................... ................ is $ ...... Other* 15 $ TOTAL EXPENDET'URES (Sum lines 9 to 15) 16 1 $ 4,635,217 TOTAL BALANCE (Subtract line 16 from 8) 17 $ (2,203,016) * 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 O (Regional Capacity Program) and Project Q(Local Fair Share Program). Revenues Project Description Project Project Amount Interest Total Freeway Environmental Mitigation A.M Total Freeway Environmental Mitigation A -M Regional Traffic Signal Synchronization Program P $ $ $ High Frequency Metrolink Service R $ 191,681.00 $ Transit Extensions to Metrolink S High Frequency Metrognk Service R Convert Metrolink Stations) to Regional Gateways that connect Orange County with High -Speed Rail Systems T $ $ $ Senior Mobility Program or Senior Non -Emergency Medical Program U 1$ 83,590.00 $ 3.1.001 $ 83.621- 3,621Community CommunityBased Transit/Circulators V $ _ $ I$ Safe Transit Stops W $ _ Is _ Water quality Program X $ $ Total $ 83,590.00 $ 31.00 $ 83,621.00 Expenditures Project Description Project Amount Interest Total Freeway Environmental Mitigation A -M $ - $ $ Regional Traffic Signa l Synchronization Program P $ 191,681.00 $ $ 191,681.00 High Frequency Metrognk Service R Transit Extensions to Metrolink S Convert Metrolink Station(s) to Regional Gateways that connect Orange County with High -Speed Rail S stems T $ $ $ Senior Mobility Program or Senior Non -Emergency Medical Program U I$ _ Community Based Transit/Circulators I $ 83,590.00 $ 31.00 $ 83,621.0 Safe Transit Stops W Is 80,416.0 1 $ - I $ 80,416.0 water Quality Program X is 368,531.00 1 $ s 368,531.0 Total S 724,218.00 $ 31.00 $ 724,249.0 City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2016 Streets and Roads Detailed Use of Funds Schedule 3 Type of Expenditure Line 'MOE +Developer % M2 Fair Share M2 Fair Share M2 [TFP M2 cTFP Other M2 Other M2 Other TOTAL Nes. Impact Fees Interest Irtferest Interest Administration llndirect&Overhead) 1 $ 822,632 $ 109,295 $ 94,457 $ 1,022,384 M a. . ..:? .. „',. .--. .. r. ''' .'-.:. .• ',y£er - _ _ _ _ 6 ru;truetion & Right-of-Is"y _ -New Street Construction 2 5 153,580 $ 677,956 $ 831,536 Street Reconstruction 3 $ 469,929 $ 4,054 - --. $ 12,026 $ 486,009 -Signals, Safety Devices, g, Street Lights - _ ._. .4 .$ 530,898 _ - _ __. . - - - - $ 191,681 - $ 722,579 _ Pedeshian Ways & Bikepaths - 5 $ 267,396 - - -- S 267,396 -Storm Drains _ - .. 5 .7 $ 143,223 - .. ..... _ 143,223 Storm Damage otal Construction, 8 1,411,445 157,634 - - _ 689,982 - 191,681 - - $ 2,450,743 Right of Way Acquisition 9 $ Total Construction & Ri t,o£-Wa . V _ _ gh . - 7.0 1,411, 446 157,634 - - - 689,982 - 191,681 - - � - . $ 2A50,743 Maintenance- _ .PatchingNO . 5 Overlay & Sealing _ 12 $ 2,972,591 $ 48,643 - $ 3,021,234 'Street Lights &Traffic Signals .. 13 $ 2,127,953 .. $ 2,12y,953 Storm Damage lA 147,722 _ _ _ .. _ 368,531 .. $ gi6,253 -0iher Street Purpose Maintenance _ 15 3,093,433 .. 80,416 - .. $ 3,171,849 Total Maintenance' - 16 5,367,108 - . ..?, 972,591 48,643 - - - - .. - $ 8.837,289 Other 17 359,298 .. -. _4.48,947 83,590 31 $ 442,919 GRAND TOTALS (Sum lines 1,10,16,17) 18 $ 7,960,484 $ 157,634 $ 3,081,886 $ 48,643 $ 780,439 $ - $ 724,218 $ 31 $ - $ 12,753,335 ' Locai funds used to satisfy maintenance of effort (MOEj requirements +Transportation related onfy 1 Includes direct charges for staff time City of Costa Mesa M2 Expenditure Report Fiscal Year Ended June 30, 2016 Fair Share Project List PROJECT NAME AMOUNT EXPENDED ..........,x -p -e .......................----_.......----.........------ ....... _............--'----,-'--- The City expended Fairshare funds on Street Maintenance Citywide pro,�ects; Project scope, rehabilitation to various City streets in need of improvement --..----- --- - ------ -- ......736 --- in accordance with the Pavement Management System. ..-..-------'-'-..................................................... -----.....--.--..------'---- The City expended Fairshare funds on street rehabilitation projects_ 48,643 including resurfacing asphalt concrete pavement/localized reconstruction ---------------- -------- ------------------------ of curbs and gutters: and sidewalk installation and replacement of .......................................... .. traffic contra I. ------._.............. ..---------- `....._ _...----------------- .............. ........... ....... ....._.. ---••--- ................. .---------------- _._..---------- ._......... TheCitY expended Fairshare funds for traffic data counts. ..- .P --' -------------- ---'----•--..-........-..-----------------....-------.----- -------------------- .-..-.--- ..... ............... _... -..... .... ..-_......_........................-- ------ - -------------•'---------•. ......................................I--'-----------------------"----•--_.............................. ----------- ------ _............. ... - ---._.......--- _.........................................._...- ........................... ........... ...................................... ....................._........ ------ ....................I..... ...---- ------- ------.............--------------- .................'--- ---_.------ --- ... ----------------------------- --- ...... .......... _......- '----------- --- ---I............ -'------ ------------.............................. ......... "--"----._.-..--......................'--_...--'-------._...........-......-'----'---'--'-'-- ............—I.......... ........................... ....-------------------- ............ ...'- '- - -.._...- ----- ---- --.__-.............----------- - - - ------------•----•------ ............_ -------------_.............................---•---.._..------............................. ------------- ------- - ..__.....................--------------.....-.-.._................. ............"-"--'--'--'----- -------- ----... _............. ........ ......... ----------- .._..-------•...............'-"-'-"'--....----------- '--------............ .... ----------------- ----..._.........-.....-'---........... ...........................------------------- -............... .......... ...........---.-..-'------------ - . ......................................_............ .... ................................ ----------- ............. .. .........-...-.-..... ........ ....------ ..---------------- _.................... _....------------- ........... .......... .......... I---------------------------------- ----------------------------- ---------'--'------ ----'--................_......... ........... ........... -'-• ...... - 1,150 ................. ... ....... ..---....... . ------------------ .......... ....... ... ...._.......... --..-.--...------------- ..... -------------- .... .......... -------- "--------------------' ------------------.._. $ 3,130,529.00 Schedule 4