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HomeMy WebLinkAboutAGENDA REPORT 2002 1002 CC REG ITEM 11FTO: FROM: 1 T E M - -1 A - -'- -;- 7--w- - �- - CiIN 10 of act fir_.. al_ aoo? AC" s c p ` : , a" r We _c5 r re eomw.ev►dA�tQ -n Jf c iAd01 Moorpark City Counc -L aooa -aoIV AGENDA REPORT BY' Honorable City Council John Brand, Senior Management Analyst�6 DATE: July 29, 2002 (CC meeting of October 2, 2001) SUBJECT: Consider Resolution No. 2002- , Authorizing the City's FY 2002/2003 Transportation Development Act Claim. BACKGROUND Each year the City Council is asked to approve a resolution authorizing the City Manager to submit a claim for the City's Transportation Development Act (TDA) funds. The City is required to file this claim annually in order to receive the funds. TDA revenue is generated from a 1/� sales tax that must first be spent on transit projects. After meeting any unmet transit needs that could be reasonably met using TDA funds," the remaining local TDA funds may be used for streets and road related purposes. If approved, the City would claim its entire apportionment of $928,056 as follows: $425,000 for transit, and $503,056 for streets and roads. DISCUSSION The funds are apportioned to the ten cities and the county using a formula based on population. The City's FY 2002/2003 TDA apportionment is $928,056. This amount was included in the City's Fiscal Year 2002 -2003 budget adopted on June 5, 2002. This year's TDA apportionment is about $124,241 less than last year, when the FY 2001/2002 TDA apportionment was $1,052,297. In FY 2000/2001, the TDA apportionment was $801,178. Economic conditions and changing consumer spending habits affects the amount of TDA sales tax revenue that is generated. TDA revenue is the funding source for the City's transit system, including the new Senior Dial -A -Ride and the ADA (Americans with Disabilities Act) Paratransit Dial -A -Ride that use subsidized CC Meeting of October 2, 2002 Page 2 taxicabs as the service provider, as well as the Moorpark City Transit fixed routes. The Metrolink commuter rail train station (Moorpark Station) expenses and staff cost for transit planning efforts by Community Services Department staff are also funded with TDA revenue. Capital costs, such as buses, are often funded with federal grants. Usually only the local matching funds (typically twenty percent) comes from TDA funds. TDA funds the City's share of the VISTA -East (Ventura Intercity Service Transportation Authority) regional bus. An annual $400,000 countywide contribution to Metrolink operating costs is taken "off the top" of TDA funds prior to apportioning the funds among the county jurisdictions. Unspent City TDA funds are carried -over from year - to -year within the individual TDA funds (transit and streets and roads). The carry over is used to reduce the amount of transit funds needed in the current year. After transit expenses are met, the remainder is available for streets and roads. In anticipation of the City's annual TDA allocation, the TDA revenue from this claim and the associated expenditure of funds were included in the FY 2002/2003 budget. At time of budget preparation, staff estimated that that Transit (8c) would require $450,000 of the $928,056 total TDA apportionment for the City. By spending down the carry -over of 8c funds from previous years, staff recommends that the City reduce its 8c claim to $425,000. This will afford a $25,000 increase in the 8a Streets and Roads claim for a revised 8a claim of $503,056 for FY 2002 -2003. The claim can be considered for approval at this time, and the city budget adjusted when Council considers the next batch of routine budget adjustments at mid -year. STAFF RECOMMENDATION Adopt Resolution No. 2002- authorizing the FY 2002/2003 TDA claim for the City of Moorpark, authorizing the City Manager to sign the claim for submittal to VCTC. Attachment TDA Staff Report 2002 -2003 RESOLUTION NO. 2002- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING THE FILING OF A CLAIM FOR FISCAL YEAR 2002/2003 TRANSPORTATION DEVELOPMENT ACT FUNDS. WHEREAS, the Transportation Development Act (TDA) , as amended (Public Utilities Code Section 99200 et seq.), provides for the allocation of funds from the Local Transportation Fund and the State Transit Assistance Fund, for use by eligible claimants for various transportation purposes; and WHEREAS, pursuant to the provisions of the TDA, as amended, and pursuant to the applicable rules and regulations thereunder (Cal. Code of Regulations Sections 6600 et seq.), a prospective claimant wishing to receive an allocation from the Local Transportation Fund or the State Transit Assistance Fund shall file its claim with the Ventura County Transportation Commission; and WHEREAS, the City has a need for these funds for both transit and street purposes in 2002/2003; and WHEREAS, the City is eligible for an estimated amount of $928,056 in Transportation Development Act Funds, Article 8 monies for Fiscal Year 2002/2003. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That the City Manager and or his designee is authorized to execute and file the City's 2002/2003 TDA Claim in the amount of $928,056, broken down as follows: 1. $503,056 - Local Transportation Funds Article 8a (Streets and Roads) 2. $425,000 - Local Transportation Funds Article 8c (Transit) Reso 2002- TDA Claim Page 2 SECTION 2. The City Clerk is directed to transmit a copy of this resolution to the Ventura County Transportation Commission. SECTION 3. The City Clerk shall certify to the adoption of the resolution and shall cause a certified resolution to be filed in the book of original Resolutions. PASSED AND ADOPTED this 2nd day of October, 2002. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk