HomeMy WebLinkAbout2019-93 - Concerning the Measure M2 Expenditure Report for the City of Newport Beach for the Fiscal Year Ending June 30, 2019RESOLUTION NO. 2019-93
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, 2019
WHEREAS, local jurisdictions are required to meet eligibility requirements and
submit eligibility verification packages to Orange County Transportation Authority
("OCTA") 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 it 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. 2019-93
Page 2 of 3
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's Finance Director is hereby authorized to sign and
submit the Expenditure Report to OCTA for the fiscal year ending June 30,
2019.
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. 2019-93
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 5th day of November, 2019.
ATTEST:
Kim�I,�;7j RUA-
Lei-1—a
:.
City Clerk
APPROVED AS TO FORM:
CITY ATTORNEY'S OFFICE
Alov, C 116t-1-1
Aaron C. Harp
City Attorney
Attachment: Exhibit A — Expenditure Report
lane B. Dixon
Mayor
City of Newport Beach EXHIBIT A Schedule 1
M2 Expenditure Report
Fiscal Year Ended June 30, 2019
Beginning and Ending Balances
Description
Line No.
Amount
Interest
Balances at Beginning of Fiscal Year
A-M'Freeway Environmental Mitigation .
1
$
-
S.
_
0 Regional Capacity Program (RCP)
2
$
..:...... ....
226
$
_.....
P Regional Traffic Signal Synchronization Program (RTSSP)
3
$
-
$
Q Local Fair Share
4
$
3,210,769
$
R High Frequency Metrolink Service
5
$
-
$
S Transit Extensions to Metrolink
6
$$
Convert Metrolink Station(s) to Regional Gateways that
_$
_ ..
.....
$
.. ....... ......
T
connect Orange County with High -Speed Rail Systems
7
Senior Mobility Program or Senior Non -Emergency Medical
U
Program
8
$
$
V Community Based Transit/Circulators
9
$
(146,319)
$
W Safe Transit Stops
10
$
$
X .Environmental Cleanup Program g ( Water Quality)
11
$
(13,827)
$
-
,Other*
12
$
-
$
Balances at Beginning of Fiscal Year
13
$
3,050,849
$
Monies Made Available During Fiscal Year
14
$
2,122,337
$
108,832
Total Monies Available (Sum Lines 13 & 14)
15
$
5,173,186
$
108,832
Expenditures During Fiscal Year
16
$
3,061,691
$
108,832
Balances at End of Fiscal Year
A -M Freeway Environmental Mitigation
17
$
$-
0 Regional Capacity Program (RCP)
18
$
226
$
.... .......... ........ ..:...
P ,Regional Traffic Signal Synchronization Program (RTSSP)
19
$
-
$
Q Local Fair Sha.
Share
20
$
...
2,660,557
$
......... ... ........
R High Frequency Metrolink Service
.
21
$
-
$
Transit
S nsit Extensions to Metrolink
22
$
. .
$
...
Convert MetrolinkStation(s) to Regi, onal Gateways that
T
connect Orange County with High -Speed Rail Systems
23
$
$
Mobility Program or Senior Non -Emergency Medical
U ,Senior
Program
24
$
$
V 'Community Based Transit/Circulators
25
$
(266,037)
$
W 'Safe Transit Stops
26
$
$
X Environmental Cleanup Program (Water Quality)
27
$
(283,251)
$
-
Other*
28
$
$
* Please provide a specific description
Note 1: Reconciliation of fiscal year 2018-19's Schedule 1's beginning balance to fiscal year 2017-18's Schedules 1 and 2.
Fiscal year 2017-18 Schedule 1 beginning balance
Fiscal year 2017-18 Schedule 2 revenues
Fiscal year 2017-18 Schedule 2 expenditures (nets to zero)
Fiscal year 2018-19 Schedule 1 beginning balance
The Project X total in this note is off by $1 due to rounding.
Other Project O Project X
- (79,238) (1,487,149)
66,027 67,500 1,419,258
66,027 (11,964) (54,063)
- 226_LLL8271.
City of Newport Beach M2 Expenditure Report Schedule 2
Fiscal Year Ended June 30, 2019
Sources and Uses
Description
NAmount I Interest
o.
Revenues:
A -M Freeway Environmental Mitigation
1
$
-
$
-
0 Regional Capacity Program (RCP)2
$
$
P Regional Traffic Signal Synchronization Program (RTSSP)..
... 3
$
$
-
Q Local Fair Share
4
$
1,979,182
$
106,115
R High FrequencyMetrolink Service
5.,..
5 Transit Extensions to Metrolink
6
$
$
T ConvertMetrolink Station(s) to Regional Gateways that connect Orange
7
$
$
i
Cowith High Speed Rail
-
U Senior Mobilit Pro ram or Senior Non -Enver enc Medi cal Pro r
y g g y gam
8
$
143,155
$
2,717
V ;Community Based Transit/Circulators
9
$
$
W. :Safe Transit Stops
10
$.
$
X ental Cleanup Program (Water
Environm Quality)_.
.....
.
,...,.
.Other*
12
$
$
-
TOTAL REVENUES (Sum lines 1 to 12)
13
$
2,122,337
$
108,832
Expenditures:
9'
A M Freeway Environmental Mitigation
14
$
-
$
0 :Regional Capacity Program (RCP)
15
$
$
P Regional Traffic Signal Synchronization Program (RTSSP)
16
$
$
Q Local Fair Share
17
$
2,529,394
$
106,115
R Frequency, High Fre
g q y Metrol ink Service
S Transit Extensions to Metrolink
19
$
$
Gateways that connect Orange
HolmHigh
Convert Metrolink Station(s).to.
T
County with Speed Rail Systems . _ ..
_.20 ............
:..__ ........
._ _.
..
': Mobility Program or Senior
U Senior y g or Non -Emergency Medical Program
21
$
143,155
$
2,717
V Community Based Transit/Circulators
22
$
119,718
$
W Safe Transit Stops
23
$
. $
X Cleanup Program (Wat _. ._
g (Water Quality)
24 .....
$
.:.
... 269,424
$
.:,Environmental .. ...
Other*
25
$
-
$
TOTAL EXPENDITURES (Sum lines 14 to 251
1 26
1 S
3,061,6911
S
108,832
ITOTAL BALANCE (Subtract line 26 from 13) I 27 I $ (939,354) $ -
* Please provide a specific description
Note 2: The total here for Project Q (Local Fair Share) is different from Schedule 4 because of rounding.
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City of Newport Beach
M2 Expenditure Report
Fiscal Year Ended June 30, 2019
Local Fair Share Project List
Schedule 4
City of Newport Beach
M2 Expenditure Report
Fiscal Year Ended June 30, 2019
Signature Page
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:
Dan Matusiewicz
Director of Finance (Print Name)
Signature
y-t0it
Date
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. 2019-93, was duly introduced before and adopted by the City Council of said City at a regular meeting
of said Council held on the 5th day of November, 2019; and the same was so passed and adopted by the
following vote, to wit:
AYES: Mayor Diane Dixon, Mayor Pro Tem Will O'Neill, Council Member Brad Avery, Council
Member Joy Brenner, Council Member Duffy Duffield, Council Member Jeff Herdman
NAYS: None
ABSENT: Council Member Kevin Muldoon
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of
said City this 61h day of November, 2019.
Leilani I. Brown
City Clerk
Newport Beach, California
I
Leilani I. Brown
City Clerk
Newport Beach, California