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HomeMy WebLinkAboutCity Council - 2024-54 RESOLUTION NO. 2024-54 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH CONCERNING THE MEASURE M2 EXPENDITURE REPORT FOR THE CITY OF HUNTINGTON BEACH WHEREAS, local jurisdictions are required to meet eligibility requirements and submit eligibility verification packages to Orange County Transportation Authority (OCTA) in order to remain eligible to receive M2 funds. Local jurisdictions are required to adopt an annual M2 Expenditure Report as part of one of the eligibility requirements. Local jurisdictions are required to account for Net Revenues, developer/traffic impact fees, and funds expanded by local jurisdiction in the M2 Expenditure Report that satisfy the Maintenance of Effort requirements; and The M2 Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project; and The M2 Expenditure Report must be adopted and submitted to the OCTA 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 M2. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Huntington Beach does hereby inform 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 included interest • earned, expenditures during the fiscal year and balances at the end of fiscal year. b) The M2 Expenditure Report is hereby adopted by the City of Huntington Beach. c) The City of Huntington Beach Finance Director is hereby authorized to sign and submit the M2 Expenditure Report to OCTA for the fiscal year ending 2024. 24-15405/357058 1 Resolution No. 2024-54 PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the 19th day of November , 2024. 4 . - ii*: cak Mayor REVIEWED AND APPROVED: APPROVED FORM: aJ Ci y Manager i Attorney INITIATED AND PP OVED: Director of Public Works - 22-12065/294662 2 City of Huntington Beach Schedule 1 M2 Expenditure Report Fiscal Year Ended June 30,2024 Beginning and Ending Balances Description Line Amount Interest No. Balances at Beginning of Fiscal Year vim¢ s1; A-M Freeway Projects ...1 $ -.... $ O Regional Capacity Program(RCP)............._............................................2........S_.............._(89,351.09) $..-...-...........__... 147 P Regional Traffic Signal Synchronization Program(RTSSP) 3 $ - $ - Q Local Fair Share 4 $ 3,928,309.00 $ - R High Frequency Metrollnk Service..._..........__........................._..............-5.........$ ........__........_.....--.._.....s...._.._...._..._._.__..._....... .. S Transit Extensions to Metrolink 6 $ - $ - T Convert Metrolink Station(s)to Regional Gateways that 7 $ $ - conned Oran"!County with High-Speed Rail Systems—_._.._._ _ ____..-- _-.-_--•--•-_ .._._._..-._--..-.._.--._--. Senior Mobility Program or Senior Non-Emergency Medical 8 $ 184,166.00 $ Program.,,-. ✓ Community Based Transit/Circulators 9 $ - $ - W Safe Transit Stops X Environmental Cleanup Program(Water Quality) 11 $ (169,473.00) $ 847 Other* 12 $ - $ - Balances at Beginning of Fiscal Year 13 $ 3,853,651.00 $ 994 Monies Made Available During Fiscal Year 14 $ 5,046,748.78 $ 117,259 Total Monies Available(Sum Unes 13&14) 15 $ 8,900,399.78 $ 118,253 fExpenditures During Fiscal Year 16 $ 4,190,358.53 $ 117,259 Balances at End of Fiscal Year ,r:'«y;:. A-M Freeway Projects 17 $ - .... $ - O Y Regional.Capacity Program(RCPL..._........__.... __.... .__ .._ .18�. _$......_._... (89,351.00) $,. __._.__..�147 P Regional Traffic Signal Synchronization Program(RTSSP) 19 $ (231,877.46)6) $ - Q Local Fair Share ... 20 $. ......5,115,802.60 - R High Frequency Metrolink Service 21 $ - .. $. ..,..... . - S Transit Extensions to Metrolink 22 $ - $ - T Convert Metrolink Station(s)to Regional Gateways that 23 $ - $ - connect Orange County with High-Speed Rail Systems Senior Mobility Program or Senior Non-Emergency Medical 24 $ 217,51756 $ Program._........... ✓ Community Based Transit/Circulators 25 $ (132,577.45) $ - W Safe Transit stops . ...26 . . $.. - $... - X Environmental Cleanup Program(Water Quality) 27 $ 330,527.00 $ 847 Other* 28 $ - $ - *Please provide a specific description FY 2022/23 Project X Expenditures were previously unreported.Revenue has been billed to OCTA but not received as of 6/30/2024. City of Huntington Beach M2 Expenditure Report Schedule 2 Fiscal Year Ended June 30, 2024 Sources and Uses Line Description N Amount Interest o. Revenues: A-M Freeway.Projects 1 $ - $ O Regional Ca_pacity Program(RCP) 2 $ - $ - P Regional Traffic.Slgoal Synchronization Program(RTSSP1__.... .._,........3 ..._ $ ._.. 119,466. S._ ...- Q Local Fair Share 4 $ 7681,547 $ 11-1,-6-03- R High FrequencyMetrolink Service 5 $ - $ - S Transit Extensions to Metrolink 6 $ - $ - Convert Metrolink Station(s)to Regional Gateways that connect T 7 $ - $ - Orange County with High-Speed Rail Systems U Senior Mobility Program or Senior Non-EmergencyMedical Program 8 $ 335,119 $ 4,656 ✓ CommunityBased Transit/Circulators 9 $ 10,616 $ - W Safe Transit Stops 10 $ - $ - X Environmental Cleanup.Progr.a.mlyVater Quality) ..... __....., ..._. 11 .• $ - $ _ - Other* 12 $ - $ - TOTAL REVENUES(Sum lines 1 to 12) 13 5 046,749 $ 117,259 Expenditures: A-M Freeway Projects 14 $ - $ - O Regional Capacity Prcvam(RCPL. 15 $ - $ - P Regional Traffic Signal Synchronization Program(RTSSP) 16 Q Local Fair Share 17 $ 3,394,053 $ 112,603 R High Frequency Metrolink Service 18 $ - $ - S Transit Extensions to Metrolink 19 $ - $ - Convert Metrolink Station(s)to Regional Gateways that connect T 20 $ - $ - Orange County with High-Speed Rail Systems U Senior Mobility PrbBram or Senior Non-Emergency Medical Program 21 $ 301,768 $ 4,656 ✓ Community Based Transit/Orculators 22 $ 143,193 $ - W Safe Transit Stops 23 $ - $ - X .Environmental Cleanup Program(Water Quality) $ - Other* 25 $ - $ - TOTAL EXPENDITURES(Sum lines 14 to 25) 26 $ 4,190,359 $ 117,259 TOTAL BALANCE(Subtract line 26 from 13) 27 $ 856,390 $ - * Please provide a specific description City of Huntington Beach Schedule 3 M2 Expenditure Report Fiscal Year Ended June 30,2024 Streets and Roads Detailed Use of Funds Line Developer/ 0 P Q X Other Other Construction&Right-of-Way MOE 0 P Q X M2 Other. TOTAL No. Impact Fees Interest Interest Interest Interest M2 Interest Indirect and/or Overhead 1 $ 5,851,983 $ - $ - $ - $ - S - $ 1,466 $ - $ - $ - 5 - $ - $ 1,230,067 $ 7,083,515 — Construction&Right-of-Way ._a New Street Construction 2 $ - $ - $ - $ • $ - $ - $ • $ $ - $ - $ $ - 5 - $Street Reconstruction 3 $ 1,465,54053 $ - $ - $ • $ - $ - $ 1,307,611.21 $ • $ - $ - $ • $ $ 430,140.94 $ 3,203,293 Signals,Safety Devices,&Street Ughts 4 $ - S 53,547.64 $ • $ - $ 351,343.95 S $ • $ • S • $ - $ - $ - $ - S 404,892 Pedestrian Ways&Blkepaths S $ - $ - $ - $ • $ • $ - $ 191,392.75 $ • $ • $ - $ - $ - $ 9,068.99 $ 200,662 Storm Drains 6 $ - $ - $ - $ $ - $ - $ - $ - $ - $ • $ $ - $ - 5 - Storm Damage 7 $ $ - $ - $ - $ - $ • $ _•_ $ - $ - $ - $ $ - $ - $ - Total Construction' 8 $ 1,465,540.53 $ 53,547.64 $ - $ - $ 351,343.95 $ - $ 1,499,203.96 $ $ - $ • $ - $ - $ 439,209.93 $ 3,1308,846 Right of Way Acquisition 9 5 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Construction&Right-of-Way 10 $ 1,465,540.53 $ 53,547.64 $ - $ - $ 351,34395 $ $ 1,499,203.96 $ - $ - $ - $ - $ - $ 439,209.93 $ 3,808,846 Maintenance Patching 11 $ 443,142.74 $ - $ - $ - $ - $ - $ - $ - $ • $ • $ $ - $ - $ 443,143 Overlay&Sealing 12 $ 6,687,898.92 $ - $ - $ • $ - $ - $ 259,69532 $ • S - $ • $ - 5 $2,274,735.18 $ 9,222,329 Street Lights&Traffic Signals 13 $ 1,363,749.86 5 - $ • $ - $ • $ • $ - $ • $ - $ - $ - $ • $ 525.029.90 $ 1,393,780 Storm Damage 14 $ - $ - $ - S - $ - $ - $ - $ - $ • $ - $ - $ - $ - $ - Other Street Purpose Maintenance 15 $ 6,542,940.57 $ - $ $ - $ - $ - $ 1,633,68838 $112,603.00 $ $ - $ - $ - $ - $ 8,289,232 Total Maintenance' 16 $ 15,042,732.09 $ - $ - $ - $ - $ • $ 1,893,383.90 $112,603.00 $ - $ - 5 - $ - $2,799,765.08 $ 19,848,484 Other 17 f - $ • $ - $ - $ - $ - $ - $ - $ - $444,961.13 $ 4,656.00 $ • 5 449,617 GRAND TOTALS(Sum Lines 3,10,16,17) 18 $ 22,360,255 $ 53,548 $ - $ $ 351,344 $ -,$ 3,394,053 5 112,603 $ - $ • 5 444,961 $ 4,656 $ 4,469,042 $ 31,190,463 Any California State Constitution Article XIX streets and road eligible expenditure may be"counted"in local jurisdictions'calculation of MOE if the activity is supported(funded)by a local jurisdictions'discretionary funds(e.g.general fund). The California State Controller also provides useful information on Article XIX and the Streets and Highways Code eligible expenditures in its"Guidelines Relating to Gas Tax Expenditures for Cities and Counties".I have reviewed and am Finance Director Confirmation 19 aware of these guidelines and their applicability in calculating and reporting on Maintenance of Effort expenditures. Finance Director initial: 'Includes direct charges for staff time Legend 'Other M2 includes A-M,R,S,T,U,V,and W Project Description .Transportation related only A-M Freeway Projects •Please provide a specific description 0 Regional Capacity Program(RCP) P Regional Traffic Signal Synchronization Program(RTS5P) Cl Local Fair Share R High Frequency Metrolink Service S Transit Extensions to Metrolink T Convert Metrolink Station(s)to Regional Gateways that connect Orange County with High-Speed Rail Systems U Senior Mobility Program or Senior Non-Emergency Medical Program ✓ Community Based Transit/Circulators W Safe Transit Stops X Environmental Cleanup Program(Water Quality) City of Huntington Beach Schedule 4 M2 Expenditure Report Fiscal Year Ended June 30,2024 Local Fair Share Project List PROJECT NAME AMOUNT EXPENDED General Street Maintenance 1,747,757.17 Residential Pavement 259,695.32 Pedestrian improvement 191,592.75 Arterial Rehabilitation 1,307,611.21 • $ •• • • •• • • • 3,506,656.45 City of Huntington Beach Signature Page M2 Expenditure Report Fiscal Year Ended June 30, 2024 I hereby certify that: L7 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; Et The City of Huntington Beach 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; i2 The City'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 o'The City of Huntington Beach has expended in this fiscal year an amount of local discretionary funds for streets and roads purposes at leastequal to or exceeding the FY 2023-24 MOE benchmark dollar amountli David Cain 018) Director of Finance (Print Name) Date Signature 91 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. Res. No. 2024-54 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ROBIN ESTANISLAU, the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a Regular meeting thereof held on November 19, 2024 by the following vote: AYES: Moser, Bolton, Burns, Van Der Mark, Strickland, McKeon, Kalmick NOES: None ABSENT: None ABSTAIN: None �. 9 ,4 4 City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California