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HomeMy WebLinkAboutAGENDA REPORT 2007 1017 CC REG ITEM 10D rrEM o. �. CITY OF MOORPARK,CALIFORNIA City Council Meeting of 0,09 MOORPARK CITY COUNCIL ACTION:�,� ,( , AGENDA REPORT �- ao —,A to 4.13_ TO: The Honorable City Council FROM: Yugal K. Lail, City Engineer/Public Works Director Prepared by: Shaun Kroes, Management Analyst DATE: October 4, 2007 (CC meeting of October 17, 2007) SUBJECT: Consider Resolution Authorizing the City's FY 2007/08 Transportation Development Act Claim BACKGROUND Each yearthe City Council is asked to approve a resolution authorizing the City Managerto 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 % cent of the 7.25-cent retail 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 $1,362,820 apportionment. DISCUSSION The funds are apportioned to the ten cities and the county using a formula based on population. The City's FY 2007/08 TDA apportionment is$1,362,820. This is a decrease of $47,786 compared to the City's FY 2006/07 TDA apportionment of$1,410,606. Economic conditions and changing consumer spending habits affect the amount of TDA sales tax revenue that is generated. The City anticipated the lower budget amount in the FY 2007/08 budget. Additional revenue in the City's budget reflects "Deferred Revenue" from unspent funds of previous fiscal years. 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, the Moorpark City Transit fixed routes, and other transit improvements such as bus shelters. Transit planning efforts by Public Works staff are also funded with TDA revenue. Major capital costs, such as buses, are often funded with federal grants. In those cases, the local matching funds (typically twenty percent) come from TDA funds. TDA also funds the City's share of the VISTA-East(Ventura Intercity Service Transportation Authority) regional bus. 01CO 019, Honorable City Council October 17, 2007 Page 2 After the City's transit related expenses are met, the remainder is available for streets and roads. Staff proposes that the City's FY 2007/08 claim include $578,647 for Transit and $784,173 for Streets & Roads. STAFF RECOMMENDATION Adopt Resolution No. 2007- (FY 2007/08 TDA Claim) Attachment: Amendment No. 1: Resolution 2007- (FY 2007/08 TDA Claim) WOU20 Attachment 1 RESOLUTION NO. 2007- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING THE FILING OF A CLAIM FOR FISCAL YEAR 2007/08 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 (LTF) 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 LTF 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 FY 2007/2008; and WHEREAS, the City is eligible for an estimated amount of $1,362,820 in Transportation Development Act Funds, Article 8 monies for Fiscal Year 2006/2007. 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 2007/2008 TDA Claim in the amount of $1,362,820, broken down as follows: 1. $784,173 — Local Transportation Funds Article 8a (Streets and Roads), and 2. $578,647 — Local Transportation Funds Article 8c (Transit). SECTION 2. The City Clerk is directed to transmit a copy of this resolution to the Ventura County Transportation Commission. Resolution No. 2007- Page 2 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 17th day of October, 2007. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk