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HomeMy WebLinkAboutAGENDA REPORT 2001 0718 CC REG ITEM 11DO �' D of ACTION- r-0 t dd s to -- Ye�t�_mm• indludtr) gclop ©r, ofie5® Moorpark City Council �3�-- AGENDA REPORT FY: TO: Honorable City Council FROM: John Brand, Senior Management Analyst DATE: July 9,2001 (CC meeting of July 18, 2001) SUBJECT: Consider Resolution No. 2001- , Authorizing the City's FY 2001/2002 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 '�-4G 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. DISCUSSION The funds are apportioned to the ten cities and the county using a formula based on population. The City's FY 2001/2002 TDA allocation is $1,052,297. This amount was included in the City's Fiscal Year 2001 -2002 budget adopted on June 20, 2001. This year's TDA allocation is about $250,000 greater than last year, when the FY 2000/2001 TDA.allocation was $801,178. This is the funding source for the City's transit system, including the subsidized taxi service for persons with disabilities. Moorpark Metrolink station expenses and transit planning staff costs are also paid for 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. Unspent TDA funds are carried -over from year -to -year within the TDA fund. The carry over from last year 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 order TDA Staff Report 2001- 2002.doc CC Meeting of July 18, 2001 Page 2 to qualify for funding, transit projects must recover a set percentage of their expenses from the actual fares paid by the riders. This is called the "farebox ratio." 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 2001/2002 budget. STAFF RECOMMENDATION (ROLL CALL VOTE) Adopt Resolution No. 2001- , authorizing the FY 2001/2002 TDA claim for the City of Moorpark, authorizing the City Manager to sign the claim for submittal to VCTC. Attachment TDA Staff Report 2001- 2002.doe RESOLUTION NO. 2001- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING THE FILING OF A CLAIM FOR FISCAL YEAR 2001 /2002 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 2001/2002; and WHEREAS, the City is eligible for an estimated amount of $1,052,297 in Transportation Development Act Funds, Article 8 monies for Fiscal Year 2001/2002. 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 2001/2002 TDA Claim in the amount of $1,052,297, broken down as follows: 1. $752,297 - Local Transportation Funds Article 8a (Streets and Roads) 2. $300,000 - Local Transportation Funds Article 8c (Transit) 090166 Reso 2001- TDA Claim.doc 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 18th day of July 2001. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk