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HomeMy WebLinkAbout2021-113 - Concerning the Measure M2 Expenditure Report for the City of Newport Beach for the Fiscal Year Ending June 30, 2021.RESOLUTION NO. 2021-113 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, CONCERNING THE MEASURE M2 EXPENDITURE REPORT FOR THE CITY OF NEWPORT BEACH FOR THE FISCAL YEAR ENDING JUNE 30, 2021 WHEREAS, local jurisdictions are required to meet eligibility requirements and submit eligibility verification packages to the Orange County Transportation Authority ("OCTA") in order to remain eligible to receive Measure M2 ("M2") funds; WHEREAS, local jurisdictions are required to adopt an annual expenditure report as part of the eligibility requirements ("Expenditure Report"), attached hereto as Exhibit A and incorporated herein by reference; WHEREAS, local jurisdictions are required to account for developer/traffic impact fees, and funds expended by the local jurisdiction in the Expenditure Report that satisfy OCTA's Maintenance of Effort requirements; WHEREAS, local jurisdictions are also required to account for Net Revenues in such Expenditure Report, which is defined by OCTA as "[a]II of the gross revenues generated from the transactions and use tax plus any interest or other earnings thereon (collectively, "Revenues"), after the deduction for: (i) amounts payable to the State Board of Equalization for the performance of functions incidental to the administration and operation of the Ordinance, (ii) costs for the administration of the Ordinance as provided herein, (iii) two percent (2%) of the Revenues annually allocated for Environmental Cleanup, and (iv) satisfaction of debt service requirements of all bonds issued pursuant to the Ordinance that are not satisfied out of separate allocations, shall be defined as "Net Revenues" and shall be allocated solely for the transportation purposes described in the Ordinance"; 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 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, the City Council of the City of Newport Beach resolves as follows: Resolution No. 2021-113 Page 2of3 Section 1: The City Council does hereby inform OCTA that: a) The Expenditure Report is in conformance with the template provided in the Measure M2 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 Expenditure Report is hereby adopted by the City of Newport Beach. c) The City of Newport Beach Finance Director is hereby authorized to sign and submit the M2 Expenditure Report to OCTA for the fiscal year ending June 30, 2021. Section 2: The recitals provided in this resolution are true and correct and are incorporated into the operative part of this resolution. Section 3: If any section, subsection, sentence, clause or phrase of this resolution is, for any reason, held to be invalid or unconstitutional, such decision shall not affect the validity or constitutionality of the remaining portions of this resolution. The City Council hereby declares that it would have passed this resolution, and each section, subsection, sentence, clause or phrase hereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses or phrases be declared invalid or unconstitutional. Section 4: The City Council finds the adoption of this resolution is not subject to the California Environmental Quality Act ("CEQA") pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Division 6, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Resolution No. 2021-113 Page 3 of 3 Section 5: This resolution shall take effect immediately upon its adoption by the City Council, and the City Clerk shall certify the vote adopting the resolution. ADOPTED this 16th day of November 2021. Br very ItaydIr ATTEST: c O� Leilani I. Brown City Clerk APPROVED AS TO FORM: CITY ATTORNEY'S OFFICE Aaron C. Harp City Attorney Attachment: Exhibit A — Expenditure Report EXHIBIT A City of Newport Beach M2 Expenditure Report Fiscal Year Ended June 30, 2021 Beginning and Ending Balances Schedule 1 Description P Line No. Amount Interest Balances at Beginning of Fiscal Year ....................................................... ------ A -M: Freeway Projects .....---•------------•-•••.....••---•-•---- 1 $ _ $ :Regional Capacity ra Progm (RCP) ................. ? ----••--- •-•--. $ 2.26_$ .- ........................ P :Regional Traffic Signal Synchronization Program (RTSSP) 3 $ - $ _ •----�--------•---------------------------•-------------------•-555555 Q ;Local Fair Share cal •--..... 55-5555-- 4 -- $ 2,134,389 $ - r RHigh Frequency Metrolink Service 5 ---•--5555-- $ _ •-------.•-------------- _ S;....... ............. --•- ...... $_---------•........ ......................... T :Convert Metrolink Station(s) to Regional Gateways that -••-•---••---- :connect Orange County with High_Speed Rail Systems 7 $ $ :Senior Mobility Program or Senior Non -Emergency Medical Program ..-------•------------------------•-----.............. 8 ....----- $ •---•--------...------...----------1555-----.... $ " V :Community Based Transit/Circulators ----.�.....-5.15--•---.._----•-•-------------------------•-----5.51-- 9 5.55 $ (266 617) ---5555----•-5.55 '--•-- $ - W :Safe Transit Stops --------•-------•-------••---•-----------•----••-•------------ 10$ _ ------------....-------- $ _ :Environmental CleanuProgram (Water Quality) r............................................................ . 11 --. ...............................................X $ (131475) ......_.......131, 75) $ - :Other* 12 $ _ ....._..__...._......... $ _ Balances at Beginning of Fiscal Year .......................••-•--..---- 13 $ 1,736,523 $ - :Monies Made Available During Fiscal Year 14 $ 2,263,610 $ 4,174 Total Monies Available (Sum Lines 13 & 14) -•--r---- -----•--•--- ---- ----- -- -- -- 15 __ $ _ __ 4,000,133 $ 4,174 :Expenditures During Fiscal Year 16 $ 1,129,428 .......-•----••-••---••- $ 4,174 Balances at End of Fiscal Year .....:...... .. .. ..... ..... A -M ; Freeway Projects ..................---------------•-"_____----___----•_-__-.----_- 17 $ _ $ . O 'Regional Capacity Program (RCP) --------.-."-__-_ 1.8.." ___. $ 226_ . $ ______..__. ___.. __ P :Regional Traffic Signal Synchronization Program (RTSSP) 19 $ - - $ _ -- ----- -- --- Q LocaI Fair Share •r ------------------------------------------------ --------- 159.5-• $ 3, • 15 9, 550 - .$...................... $ R ;High Frequency Metrolink Service r ----------------------------­ i ------------------------------- -•--------•-••--•---•--------------------------•---- 21 _ --_ $ - - _ ----------•-•---- S :Transit Extensions to Metrolink ............................................ 22 ••-•.. - -------.------------ _ _ :Convert Metrolink Station(s) to Regional Gateways that 23 ---•---•---------- ••••. ........................ T connect Orange County with High -Speed Rail Systems -------­----­-- --------------------------- ----­--­---------------- $ ------ $ _ :Senior Mobility Program or Senior Non -Emergency Medical ..-------------- -------•---•......------ ;Program $ $ --------- V r ;Community Based Transit/Circulators • 25 ------•---•------------ $ J284,062) -----•-----•------------ $ - W ;Safe Transit Stops --- ------ - --- •- --- •----------- •--- 26 $ --------------- $ X;--- -- _ _`Environmental Cleanup Program (Water Quality) --------------- 27 --- - $ (5 009) - $ :Other* 28 ------------- - $ _ 1 .............. $ _ * Please provide a specific description City of Newport Beach M2 Expenditure Report Schedule 2 Fiscal Year Ended June 30, 2021 Sources and Uses Description in Amount Interest Revenues: $ -...................- ----- ,........ -........................ -.......................................... - :Fre A -M : Freeway Projects------------•------------------•----------------•------- _.q.: Regional Capacity Program (RCP) (See note below) --- .. 2_ $ 45,966 $ P Regional Traffic Signal Synchronization Program (RTSSP) 3 $ -_ $ - -------•------..... Q ;Local Fair Share4 .................................................. $ $ .................. --------•-•- R , ;High Frequency Metrolink Service --------------- 5 $ ......... - ................... $ - ------------------. S :Transit Extensions to Metrolink -------------------••------------•------------------------------•------------ 6 -------- -------•---------- $ ------------------- -$ ................... ------------------- - T :Convert Metrolink Station(s) to Regional Gateways that connect 7 $ $ :Orange County with High -Speed Rail Systems I---------------------------------------------------------------------------- U---- U :Senior Mobility Program or Senior Non_Emergency Medical Program ------------ --- -- 8 -- - $ -•---•--------- 143,973 ------------- --- 7-- -------- . Community- Transit/Circulators 9 $ - $ - _ -- W :Safe Transit Stops ' 10- ----------- ------------------------------------ __X ;Environmental Cleanup Program (Water Quality) (See note below) ----- 11 $ 101,466 $ - :Other* 12 $ - ------------------ $ _ TOTAL REVENUES (Sum lines 1 to 12) 13 $ 2,263,610 $ 4,174 Expenditures: ---........................................................................... 14 $ - $ - A-M:Freeway Projects ------------- . ------------.........------------------------- O_:RegionalCapacityProgram(RCP)----------------------------------------- - ---15-.- -------------.----- $.........45,966 ----------------- $.--------•----- - P :Regional Traffic Signal Synchronization Program (RTSSP) 16 $ - $ ................................... ------------- Q ;Local FairShare 17 -----•------....--- $ 947,044 ................... $ 4,103 •----- R:High Frequency Metrolink Service -,•------ ------------ -------------------------•-------------------------.----- -------- 18 ................... $ - ................... $ S :Transit Extensions to Metrolink ....................................... .............................. 19 ---....----------- $ - ................... $ - ----------- T ;Convert Metrolink Station(s) to Regional Gateways that connect ............... 20 $ ...... ................... ;Orange County with High -Speed Rail Systems I---------------------------------------------------------------------------- -------- $ U :Senior Mobility Program or Senior Non -Emergency Medical Program 21 ­--­----- $ -------- 143,973 --- ------------ V :Community Based Transit/Circulators22 $ 17,445 $ - W :Safe Transit Stops 23 -_ - X ;Environmental Cleanup Program (Water Quality) (See note below) •,------------------------ --- 24 $ (25,000) $ - :Other* 25 $ - ................. $ - TOTAL EXPENDITURES (Sum lines 14 to 25) 26 $ 1,129,428 $ 4,174 TOTAL BALANCE (Subtract line 26 from 13) 27 $ 1,134,182 $ - * Please provide a specific description Note on Revenues from O: $583,938 of cash was received from OCTA, but $537,972 was deferred to a liability, leaving only $45,966 of revenue for fiscal year 2020-21. $537,972 was deferred because the cash was not spent by the end of fiscal year 2020-21. Note on Revenues from X: $120,216 was received from OCTA, and $18,750 of prior year revenue was returned to OCTA, for a net of $101.466. Note on Expenditures from X: $25,000 of fiscal year 2015-16 expenditures were disallowed by OCTA in fiscal year 2020-21. The general fund transferred $25,000 to the Measure M Fund in fiscal year 2020-21 to reimburse the Measure M Fund for these disallowed expenditures. t T 6 m o ti: m;p N O: `�iu°'i; a 0 "i: in O i m O u'°i v N M u1 � a0 d N O u Q 6 ry L d m a eo w T VI L1: V/ N:tA N �I c E 2 E O a o m Lo C Z 0 3 Z L O $ ¢ °s E La C g ° = > N = c v° v o am E Vf NDN: N N:vH M;N W V!!vTi �/l: V��Yf N:VF Yf �V W�ao.�'�E o o m m a c i E .Q u o al ul w ,vim, Q Oa CJ > rJ 9 U O � v� v1: Vli N VI:N;Vf NV' U' he Vl��A; NDN V1 t? N ti H $ N O f i N ti ti� a v x W N VI; V1; V}; ut; u♦;N N;N W N�: N: �'W:N UT:N N c O1� � � C � O d $O A2 cu $ V} VI: Vl: Vf'V1: V1iN NDN iA VF; V�!N;i/';W W:1/1 1/1 � N im o; y 3 � a Y, m y d em+ N O� m'Cau y o x w a 8' L - V} Vf N N:�/li V}:N i/1 VF 1? NVFi NYl: V1 V1:N VF B Lm o " y �p « T N v H v a � c a c .tl X O � Q 6 r bi a '=0 co O ^ e m ry m N C vi : vi vi vi ?+ a �• A X X v �/! N�vY VY�N but ut V♦ N N NEVI: NN v!'VI N � O Q O \ ♦ d 6 LL N N N m Q O ' C A O 0 5 m o E co Lo .5 N N N N�Ni NN NN N N; N: N': NN VIi V/ v! W 41 9 N W O W 00 : m yy �Li ri: n i ri °f N O SD C 'E M m0: O: a0: m Ip n O V U � C N N� N N; Ni N N NiN N N NiN N N N N Q F- N _ J Z €m ?m m: n e N� o E c .23 -: � t dl m! c: O N rJZ N of d VI N Yn L: C v : o z rr O Ti 2 u-Bc f. uc _ L T 6 3 =spa 3 T c u° G 12 O E C L" c m a u Q 6 ry L d � T E c E 2 E O a o m Lo C Z 0 3 w E, .2 $ ¢ °s E La C ° = > N = c v° v o am E T •� i '^ � ,n e a Cc v W�ao.�'�E o o m m u L c i E .Q u o al ul w ,vim, Q Oa CJ > x 3 =spa City of Newport Beach M2 Expenditure Report Fiscal Year Ended June 30, 2021 Local Fair Share Project List PROJECT NAME AMOUNT EXPENDED Concrete Street Pavement Reconstruction -980000-181121) ................................ .-(.122.01 ---------------------------------- --------- --- -- $ -------------- 689,684 Bison Ave Pavement Rehabilitation (12201-980000-191121) .... .......................................................... .................................... $ 75,634 Balboa Peninsula Crosswalks Improvements (12201-980000-19T11) .................................................................. ------------------------- $ 108,831 ------------- Concrete Replacement Program (12201-980000-201306) ............................................................ ....... ------ --------------------- ........................ ............... ....................... .................................................... ............................. ...................................................................................................... .............................. ----------------•----------................................ -------------------- ............................................... -----------------•------•--------. ..........I--------------- --------•-----------------------•-----------------.---•------- --------------------------- ........................................................................................... -------------•------------•------•----------------•----------•--------•-------•------------ ................................. ........................... ------- .................................... .......................................................................................................... ................ ............................................................... .......................... ............................... ................ .............................. ............................. ................................... .............................. ................................................. ........................ .................................... ...................... ...................... ............ ---- — ......... -------------------------------- .............................. ........................................ ----..-------•----....... ....................................... ................................................................ — --- ------.---•---------------------- ......------------------------................ .................................... ...... ...................... -•-•-••--------- ............................................................................................. ........................................ ............................... ................................. ------------------------ ............... ------- .............. ....................................... ..................... ------------------------------- ......... ....................... ................................. ....... ----••----------------•-•--------- ............... .......................................... ................................ ......... ......................... ------------ ............................ .............. - ----------- ....................................... ..................... .................................................... .............. --------------•-------•--•--------- ------------ ........... ........................... ........ .......... .............. -------------- ...... -------------- ......... ----------------- .......... ............ •------•-••----------------•.--------- .................... ............ ......... ........... --- ..... ........................... .................................. ---------- .......................................... .................. ........................... ---•---•--•--------•---------•-••---------------•--------- ............ ............................................ ................. - ------------------------------------------------------ -------------------------- ---------- --••--••-••--•------------------•------------------------- -------------•-------------...... .............................. -------•-------•-..__..----............... .................. .......................................... .................... ................... ......... — ............................................ $ .............. .......... .................. ....... ................. ......... .................... ---------•------.... ......................... ........ .................. ............ ..................... ------------------------- 76,998 —.— ......... ............ ....... ...... ....... ............ ............. ........... ...... ------ .............. ........ ............... — — - — -... .. ........... — I $ 951,147 Schedule 4 City of Newport Beach M2 Expenditure Report Fiscal Year Ended June 30, 2021 I hereby certify that: Signature Page Q All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of my knowledge; Q 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; Q The City of Newport 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; Q 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 Q The City of Newport Beach has expended in this fiscal year an amount of local discretionary funds for streets and roads purposes at least equal to one of the maintenance of effort requirements belowlo: A) The City met the existing FY 2020-21 MOE benchmark dollar amount. B) The City met a proportional MOE benchmark amount of FY 2020-21 General Funds Revenues that is at least equal to the percent listed in column C of Exhibit 2 in the M2 Eligibility Guidelines. Scott Catlett I l I ) I D-1 Director of Finance (Print Name) Date Signature 10 An actual General Fund Revenue excerpt from a jurisdiction's Comprehensive Annual Finance Report (CAFR) must be provided as backup documentation. STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF NEWPORT BEACH I, Leilani I. Brown, City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; the foregoing resolution, being Resolution No. 2021-113 was duly introduced before and adopted by the City Council of said City at a regular meeting of said Council held on the 16th day of November, 2021; and the same was so passed and adopted by the following vote, to wit: AYES: Mayor Brad Avery, Council Member Noah Blom, Council Member Joy Brenner, Council Member Diane Dixon, Council Member Duffy Duffield, Council Member Will O'Neill NAYS: None RECUSED: Mayor Pro Tem Kevin Muldoon IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 1711 day of November, 2021. d&K- Ntpn� Leilani I. Brown City Clerk Newport Beach, California