HomeMy WebLinkAbout17 - Measure M Seven Year CIPCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 17
June 26, 2007
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Public Works Department
Jamie Pollard, Administrative Manager
949 - 644 -3311 orjpollard @city.newport- beach.ca.us
SUBJECT: MEASURE M SEVEN YEAR CIP
RECOMMENDATIONS:
Adopt the Seven -Year Capital Improvement Program.
2. Direct staff to submit the adopted Capital Improvement Program, Maintenance of
Effort certification, Pavement Management Program certification, and Growth
Management Element statement of compliance to the Orange County
Transportation Authority to satisfy the eligibility provisions for Measure M and
Congestion Management Programs.
DISCUSSION:
In November 1990, Orange County voters approved Measure M which provides funding
for transportation improvements. Measure M authorized the imposition of a one -half
cent retail transaction and use tax for a period of 20 years effective April 1, 1991
through 2011. In November 2006, voters approved a renewed Measure M to continue
the one -half cent sales tax for transportation purposes for 30 years starting in 2011.
Current Measure M legislation provides local agencies with 14.6% of the sales tax
revenue collected under a program called "turnback revenues." The amount allocated to
each city is based on a formula using population, miles of existing arterial highways
located within each jurisdiction and taxable sales. The City of Newport Beach will receive
approximately $1,381,600 for fiscal year 2007/08 for local street projects under this
program. To qualify to receive Turnback Funds, the City must satisfy the following
requirements by June 30, 2007:
1. Adopt a Seven -Year Capital Improvement Program (CIP) that includes all projects
to be funded partially or fully by Measure M dollars.
2. Submit an updated Pavement Management Program (PMP).
3. Provide a Growth Management Element Statement of Compliance.
4. Certify the requirements of the Maintenance of Effort (MOE).
Measure M Seven Year CIP
June 26, 2007
Page 2
A Maintenance of Effort requirement of $8,229,000 has been established for Newport
Beach whereby the City must expend at least this amount from City general funds on
street related expenditures each fiscal year. The City has complied with this and all
other necessary criteria since the inception of the Measure M program. A complete
submittal pertaining to all the above items will be transmitted to OCTA by June 30, 2007
to ensure continued eligibility under the Measure M program.
Environmental Review:
An environmental review is not required at this time; this action is administrative in
nature and environmental review will be performed for each capital project prior to its
implementation.
Prepared by:
(?VWWQAIa&O(
arrie ollard
AdrWstrative Manager
Attachment: Measure M Seven -Year CIP
Submitted by:
�_i Z,
Measure M -- Seven Year Capital Improvement Program Fiscal Years 2007 -2008 through 2013 -2014
City of Newport Beach
Current Dollars in Thousands
Name
1 2 3 4 5 6 7 Estimated
07108 08109 09110 10111 11112 12113 13114 Cost
Fund Source %
Pavement Management
1000
1000
1000
1500
1182
0
0
5682
Measure M
26%
Program
1894
1500
1500
1500
1500
1500
1500
10894
Gas Tax
51%
176
0
0
0
0
0
0
176
Prop 42
1%
253
0
0
0
0
0
0
253
AHRP
1%
0
0
0
0
468
1968
2068
4504
Measure M 2
21%
Subtotal
3323
2500
2500
3000
3150
3468
3568
21509
Traffic Signal Modernization
1100
380
400
0
0
0
0
1880
Measure M
43%
341
0
0
0
0
0
0
341
CTFP
8%
0
500
250
250
250
250
250
1750
Impact Fees
40%
400
0
0
0
0
0
0
400
Unfunded
9%
Subtotal
1841
880
650
250
250
250
250
4371
Jamboree Road
299
0
0
0
0
0
0
299
Impact Fees
5%
Bridge Widening over SR73
115
0
0
0
0
0
0
115
CTFP
2%
0
5391
0
0
0
0
0
5391
Unfunded
93%
Subtotal
414
5391
0
0
0
0
0
5805
Jamboree Road 0 250 0 0 0 0 0 250
Bristol to Fairchild 0 0 0 0 0 0 0 0
Subtotal 0 250 0 0 0 0 0 250
TOTAL BUDGETED
D = Design
C = Construction
5578 9021 3150 3250 3400 3718 3818 31935
GMA 100%
0%
($000s)