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HomeMy WebLinkAboutAGENDA REPORT 2004 0915 CC REG ITEM 10G1 0. G CITY OF MOORPARK, CALIFORNIA City Council Meeting of 9- is -aoo� ACTION: MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: John Brand, Senior Management Analyst DATE: September 3, 2004 (CC meeting of September 15, 2004) SUBJECT: Consider Resolution Authorizing the City's FY 2004/2005 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 4 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 $1,095,693 apportionment. DISCUSSION The funds are apportioned to the ten cities and the county using a formula based on population. The City's FY 2004/2005 TDA apportionment is $1,095,693. This year's TDA apportionment is $27,315 less than last year, when the City's FY 2003/2004 TDA apportionment was $1,123,008. Economic conditions and changing consumer spending habits affect the amount of TDA sales tax revenue that is generated. TDA revenue is the funding source for the City's transit system, including the Senior Dial -A -Ride and the Americans with Disabilities Act (ADA) Paratransit Dial -A -Ride, as well as the Moorpark City Transit fixed routes. Transit planning efforts by Community Services Department staff is also funded with TDA revenue. Capital costs, such as buses, are often funded with 000403 CC Meeting of September 15, 2004 Page 2 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, as are funds for the Ventura County Transportation Commission (VCTC). After transit expenses are met, the remainder is available for streets and roads. Consistent with the Fiscal Year 2004 -2005 adopted budget it is proposed that $617,632 be claimed for Transit, leaving $478,061 to be claimed for Streets & 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 2004/2005 budget. At the time of budget preparation, staff estimated that apportionment would be $1,099,779, a difference of $4,086. The claim can be considered for approval at this time, and the revenue budget adjustment will be made when the Council considers the midyear budget adjustment. STAFF RECOMMENDATION Adopt Resolution No. 2004- , authorizing the City Manager to sign the Fiscal Year 2004 -2005 TDA Claim on behalf of the City for submittal to VCTC. Attachment 000404 TDA Staff Report 2004 -2005 RESOLUTION NO. 2004- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING THE FILING OF A CLAIM FOR FISCAL YEAR 2004/2005 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 2004/2005; and WHEREAS, the City is eligible for an estimated amount of $1,095,693 in Transportation Development Act Funds, Article 8 monies for Fiscal Year 2004/2005. 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 2003/2004 TDA Claim in the amount of $1,095,693, broken down as follows: 1. $478,061 - Local Transportation Funds Article 8a (Streets and Roads) 2. $617,632 - Local Transportation Funds Article 8c (Transit) 000405 TDA Reso 2004 - 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 15th day of September, 2004. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk