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HomeMy WebLinkAboutStaff Report 03/12/2001 (2) j:. CITY OF PETALUMA, CALIFORNIA AGENDA BILL Agenda Title:• Meeting Date: • Resolution Certifying the City will Sustain its Level of March 5, 2001 Expenditures for Transportation Purposes Department: Director: Contact Person: .Phone Number: Finance William J. Thomas William J. Thomas 778-4323 Cost of Proposal: N/A Account Number: N/A Amount Budgeted: N/A Name of Fund: N/A Attachments to Agenda Packetltem: Resolution Summary Statement:. AB2928, also known as the Transportation,Congestion Relief Fund, provides approximately $1 billion directly to cities and counties for preservation;maintenance and rehabilitation of the local street and road system. In fiscal year 2000-2001 the bill allocated$400 million;one-time funds to cities and counties, of which the City of Petaluma received $377,666.59. .''Council Priority: THIS AGENDA ITEM.IS CONSIDERED.To BE PART OF, OR NECESSARY To, ONE OR MORE OF THE 1999-2000 PRIORITIES'ESTABLISHED BY THE CITY COUNCIL ON. JANUARY 30, 1999 AND MARCH 18,2000 Priority(s): N/A Recommended City Council Action/Suggested Motion: Adopt the resolution Reviewed by Finance Director: Rediereel sFcls-At rnev: Approved by City Manager: late to Date: ate: /� � /� Date: Today's Date: q7� Revision# and.'D to evised:� File ( ode: c —7—pew t # S:/agenda/agenda bill for transportation •i1 r. • • CITY OF PETALUMA,CALIFORNIA March"5; 2001 • AGENDA REPORT 4") FOR RESOLUTION CERTIFYING THE CITY WILL SUSTAIN ITS LEVEL OF EXPENDITURES FOR TRANSPORTATION PURPOSES 1. EXECUTIVE SUMMARY: AB2928, also known as;the Transportation Congestion Relief Fund;'provides approximately $1 billion directly to cities and counties for preservation, maintenance and rehabilitation of the local street and road system. In fiscal year 2000-2001 the bill allocated$400 million one-time funds to cities and counties, of which.the'City of Petaluma received $377,666.59. 2. BACKGROUND: As part of the State's fiscal year 2001 budget, the City of Petaluma was,allocated funds for transportation congestion relief. These funds are part off one-time $400 million subvention to cities and counties by the state. Future funding is dependant on legislative action and therefore will not be calculated into future City budgets. - Use of these funds requires Maintenance of Effom(M0E) be adopted by the City Council, in compliance with Government Code Section 14556.26. This MOE certifies that Petaluma will maintain its current level of general fund expenditures for transportation purposes, which is • calculated on the average of the last three years (1996-1997, 1997-1998 and 1998-1999) of City expenditures from the general fund for street,,road and highway purposes. This is a condition of continued funding for the new monies or the City will lose'any future"funding. These funds are required to be•spentby June 30, 2002. 3. ALTERNATIVES: Adopt the proposed resolution. Do not adoptihe proposed resolution-and risk having to return these funds to the State. . 4. FINANCIAL IMPACTS: The City has received $377,666 in one-time funds from the State for street maintenance and. repair. These funds have;been deposited into the Gas Tax (Special Revenue) fund. 5. CONCLUSION:: The City is requiredto adopt a resolution that provides assurances that.AB2928 funds are not used to supplant existing funds: The proposed°resolution satisfies'that "requirement. 6. OUTCOMES OR PERFORMANCE MEASUREMENTS THAT WILL INDENTIFY SUCCESS OR COMPLETION: Adopted resolution will remain on file for inclusion in the annual street report to the State •' Controller. 7. RECOMMENDATION: Adopt proposed resolution s:/agenda/agenda bill for transportation funding 1 Resolution No. N.C.S. 2 of the City of Petaluma,. California 3 CERTIFYING THE CITY WILL•SUSTAIN ITS'LEVEL OF EXPENDITURES FOR TRANSPORTATION PURPOSES 6 • 7 8 9 10 WHEREAS, AB2928, known,as theTransportation Congestion-Relief Fund, provides 11 approximately$1 billion directly to cities,and counties for preservation, maintenance and 12 rehabilitation of the local street and road and 13' 14 WHEREAS, the City ofPetaluma is in receipt of$377666;59 for fiscal year 2000-2001; and 15 16 WHEREAS,mse of these funds imposes:an Maintenance•ofiEffort (MOE) provision (per 17 Government Code Section 14556:26) which requires citiesto t maintaintheir current level of general 18 fund expenditures for transportation purposes;and 19 20 WHEREAS, the formula is calculated on the average over the.last three fiscal years (1996- 21 1997, 1997-1998'and 1998-1999) of city expenditures from the general fund for street, road and 22 highway purposes; 23 24 NOW, THEREFORE BE IT.RESOLVED,.that the City Council of the City of Petaluma, nr California will;sustain its level ofrogeneral find expenditures for transportation.purposes in •',compliance with Government Code Section 14556.26. 27 78 29 30 31 32 33 34 Under the power and authority conferred upon this Council by the Charter of saidhCity. 35 REFERENCE: I hereby certify the;foregoing'Resolution-was;introduc`ed and adopted by the 36 Council of the City ofrPetaluiiaat a'Regularmeeting`on • 2000 Approved as to 37 bythe following vote: 'form: 38 39 40 City Attorney 41 AYES: 42 NOES: 43 ABSENT: 44 45 ATTEST: 46 City Clerk, Mayor 47 Resolution No. NCS •