HomeMy WebLinkAbout01 - Resolution Amending Capital Improvement Program Budget - PowerPointRESOLUTION NO. 2017-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH, CALIFORNIA, AMENDING THE
ADOPTED CAPITAL IMPROVEMENT PROGRAM BUDGET
FOR FISCAL YEAR 2017-18 TO INCLUDE ROAD
MAINTENANCE AND REHABILITATION ACCOUNT (RMRA)
FUNDING UNDER THE ROAD REPAIR AND
ACCOUNTABILITY ACT OF 2017—LOCAL STREETS AND
ROADS PROGRAM AND APPROVING BUDGET
AMENDMENT N0. 18BA-002
WHEREAS, on April 28, 2017, the Governor signed Senate Bill 1 (Beall, Chapter
5, Statutes of 2017) ("SB 1"), known as fine Road Repair and Accountability Act of 2017,
to address basic road maintenance, rehabilitation, and critical safety needs on State
highway and local street road systems;
WHEREAS, pursuant to SB 1, beginning November 1, 2017, the State Controller
will deposit portions of new funding from increases to certain fuel excise and sales taxes
and vehicle registration fees into the Road Maintenance and Rehabilitation Account
("RMRA") of which a percentage will be apportioned by formula to eligible cities and
counties for basic road maintenance, rehabilitation, and critical safety projects on local
streets and roads systems;
WHEREAS, the City of Newport Beach ('City") uses local, county, state, federal,
and grant funding to maintain and improve the streets within its jurisdiction;
WHEREAS, the City Council does not support SBI or any future increase in fuel
excise and sales taxes or vehicle registration fees that may arse from its adoption;
WHEREAS, City taxpayers contributed to funding Pull and the City is eligible
for an apportionment of RMRA funding;
WHEREAS, the City Council is willing to accept its apportionment of RMRA
funding to recover the intended benefit of taxes paid by City taxpayers and to continue to
maintain and improve City streets;
WHEREAS, the City Council's acceptance of RMRA funding is net intended to be
an endorsement of SS 1 or any future increase in fuel excise and sales taxes or vehicle
registration fees;
WHEREAS, SB 1 emphasizes the importance of accountability and transparency
in the delivery of California's transportation programs and requires cities and counties to
provide to the California Transportation Commission ("CTC") annually a list of projects to
be funded with RMRA funding;
WHEREAS, a city or county receiving an apportionment of RMRA funds is required
to sustain a maintenance of effort ("MOE") from the city's or county's general fund to