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Home My WebLink About09 MEASURE M2 FAIRSHARE ANNUAL EXPENDITURE REPORTDocusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A 9 ��► AGENDA • RT MEETING DATE TO: FROM: SUBJECT: SUMMARY: DECEMBER 3, 2024 ALDO E. SCHINDLER, CITY MANAGER JENNIFER KING, DIRECTOR OF FINANCE Agenda Item Reviewed: City Manager Finance Director MEASURE M2 FAIRSHARE ANNUAL EXPENDITURE REPORT The Local Transportation Authority Ordinance No. 3 requires the City to adopt an annual expenditure report detailing Net Revenues, developer/traffic impact fees, and City expenditures that meet the Maintenance of Effort requirements. The Orange County Transportation Authority established the Maintenance of Effort benchmark with the original passage of Measure M. Under the MOE requirement, the City must spend local funds on transportation -related projects each fiscal year to remain eligible to receive Measure M2 Fairshare funds. For Fiscal Year 2023-24, the City's required Maintenance of Effort expenditure is $1,938,025. RECOMMENDATION: It is recommended that the City Council adopt Resolution No. 24-83, adopting the Measure M2 Expenditure Report for Fiscal Year 2023-2024 (attached), and direct staff to file the report with the Orange County Transportation Authority. FISCAL IMPACT: There is no fiscal impact associated with this agenda item. CORRELATION TO THE STRATEGIC PLAN: Filing the Measure M2 Fairshare Annual Expenditure Report contributes to the City's Strategic Plan Goal C, Financial Strength, by ensuring that the City adheres to the Local Transportation Authority Ordinance Number 3 and continues to receive Measure M2 Fairshare funds. BACKGROUND AND DISCUSSION: On November 7, 2006, voters approved the renewal of Measure M, known as Measure M2. This 30-year, multi -billion -dollar program extends the original Measure M (1991-2011) and introduces a new set of projects and programs managed by the Orange County err Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A City Council Agenda Report Measure M2 Fairshare Expenditure Report December 3, 2024 Page 2 Transportation Authority (OCTA). To receive Measure M2 Fairshare funds - representing a proportionate share of the 0.5% sales tax - the City must establish and maintain additional eligibility requirements introduced with Measure M2. Local Transportation Authority Ordinance No. 3 mandates that the City adopt an annual Expenditure Report to account for Measure M2 Fairshare funds, other Measure M2 funding (including the Senior Mobility Program), developer/traffic impact fees, and City expenditures satisfying Maintenance of Effort (MOE) requirements. This Annual Expenditure Report must be adopted by the City Council and submitted to OCTA within six months following the end of the City's fiscal year. The Measure M2 Expenditure Report for Fiscal Year 2023-2024 is attached to this agenda report. During this fiscal year (July 2023—June 2024), the City received $2,192,624 in Measure M2 Fairshare revenues. The City expended $2,579,583 in Measure M2 funds, which includes $2,495,194 in Fairshare funds used for various projects, such as traffic signal controller and synchronization improvements and pavement maintenance. Additionally, the City expended $4,962,980 from various sources, including the General Fund and the Land Sale Proceeds Fund, during the Fiscal Year 2023-2024. These expenditures satisfy Measure M2's MOE requirements, with a portion of the costs being for projects in Tustin Legacy. EJSigned by: � 6VJ 4D86AFAFFF77473... Jennifer King Director of Finance/City Treasurer Signed by: D59960B4DF4C4E1— Sean Tran Deputy Director of Finance DocuSigned by: ^ �6G2� David Faraone Senior Management Analyst Signed by: I for D599ROR4DF4C4F1 Glenda Babbitt Management Analyst Attachment: 1. Measure M2 Expenditure Report for the Fiscal Year 2023-2024 2. Resolution No. 24-83 Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A City of Tustin Schedule 1 M2 Expenditure Report Fiscal Year Ended June 30, 2024 Beginning and Ending Balances Description Line Amount Interest No. Balances at Beginning of Fiscal Year ............................................................................................................................................................................................................................................................................................ 1 $ - $ - A-M Freeway Projects .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. O -Regional Capacity Program (RCP) 2 0 $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. P Regional Traffic Signal Synchronization Program (RTSSP) 3 0 $ - Q Local Fair Share .......................:....................................................................................................................................................................................................................................................................................................... 4 ,148,263 ..................................... $ - .................................................................................................. R High Frequency Metrolink Service 5 0 $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, S -Transit Extensions to Metrolink ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 6 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 0 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Convert Metrolink Station(s) to Regional Gateways that T 7 0 $ -connect Oran a Count with Hi -Speed Rail S stems ......................:...............................................................................................................................................P.........................................X................................................................................................................................................................................................................................................................................................ U -Senior Mobility Program or Senior Non -Emergency Medical 8 2,959 $ Program V -Community Based Transit/Circulators 9 0 $ - ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... W -Safe Transit Stops 10 0 $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. X -Environmental Cleanup Program (Water Quality) 11 0 $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. Other* 12 0 $ - Balances at Beginning of Fiscal Year ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 13 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 3,151,222 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, -Monies Made Available During Fiscal Year 14 2,274,054 $ 141,786 Total Monies Available (Sum Lines 13 & 14) ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 15 5,425,276 $ 141,786 :Expenditures During Fiscal Year 16 2,439,915 $ 139,668 Balances at End of Fiscal Year 17 0 $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, A-M Freeway Projects .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. O -Regional Capacity Program (RCP) 18 0 $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. P Regional Traffic Signal Synchronization Program (RTSSP) 19 0 $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. Q Local Fair Share 20 2,982,402 $ 0 R High Frequency Metrolink Service 21 0 $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. S -Transit Extensions to Metrolink 22 0 $ - Convert Metrolink Station(s) to Regional Gateways that T 23 0 $ -connect Orange County with High -Speed Rail Systems .................................................................................................................................................................................................................................................................... .................................................................................................................................................................................................. - U ;Senior Mobility Program or Senior Non -Emergency Medical 24 2,959 $ 2,118 Progra m .......................:............................................................................................................................................................................................................................................. ............ .................................................................................................................................................................................................. V -Community Based Transit/Circulators 25 0 $ - W -Safe Transit Stops 26 0 $ - ...........:........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... X -Environmental Cleanup Program (Water Quality) 27 0 $ Other* 28 0 $ - * Please provide a specific description Adjusted for rounding differences Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A City of Tustin M2 Expenditure Report Schedule 2 Fiscal Year Ended June 30, 2024 Sources and Uses Description Line Amount Interest No. Revenues: 1 $ - $ - ......................................................................................................................................................................................................................................................................................................................... A-MFreeway Projects O -Regional Capacity Program (RCP) 2 $ - $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... P -Regional Traffic Signal Synchronization Program (RTSSP) 3 $ - $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Q -Local Fair Share ..................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 4 $ 2,192,624 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ 136,709 R _High Frequency Metrolink Service 5 $ - $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... S -Transit Extensions to Metrolink 6 $ - $ - T ;Convert Metrolink Station(s) to Regional Gateways that connect Orange 7 $ $ County with High -Speed Rail Systems .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... U -Senior Mobility Program or Senior Non -Emergency Medical Program 8 $ 81,430 $ 5,077 V ;Community Based Transit/Circulators 9 $ - $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... W -Safe Transit Stops 10 $ - $ - X -Environmental Cleanup Program (Water Quality) 11 $ - $ - .....................:............................................................................................................................................................................................................................................................................................................................................................................................................... Other* 12 $ ................................................................. - $ - TOTAL REVENUES (Sum lines 1 to 12) 13 $ 2,274,054 $ 141,786 Expenditures: ................................................................................................................................................................................................................................................. 14 A-MFreeway Projects $ - $ - .....................,.............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. . O _Regional Capacity Program (RCP) 15 $ - $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, P Regional Traffic Signal Synchronization Program (RTSSP) ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 16 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Q ;Local Fair Share 17 $ 2,358,485 $ 136,709 R _High Frequency Metrolink Service 18 $ - $ - .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... S -Transit Extensions to Metrolink 19 $ - $ - T ;Convert Metrolink Station(s) to Regional Gateways that connect Orange 20 $ $ County with High -Speed Rail Systems .....................:............................................................................................................................................................................................................................................................................................................................................................................................................................................................................... U -Senior Mobility Program or Senior Non -Emergency Medical Program .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 21 $ 81,430 $ 2,959 V -Community Based Transit/Circulators 22 $ - $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, W -Safe Transit Stops 23 $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - ..................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... X -Environmental Cleanup Program (Water Quality) 24 $ - $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ;Other* ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 25 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ - TOTAL EXPENDITURES (Sum lines 14 to 25) 26 $ 2,439,915 $ 139,668 TOTAL BALANCE (Subtract line 26 from 13) 27 1 $ (165,861) $ 2,118 * Please provide a specific description Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A City of Tustin Schedule 3 M2 Expenditure Report Fiscal Year Ended June 30, 2024 Streets and Roads Detailed Use of Funds Line Developer/ O P Q X Other Other Type of Expenditure MOE O P Q X M2 Other* TOTAL No. Impact Fees Interest Interest Interest Interest M2� Interest Indirect and/or Overhead 1 $ - 5 - $ - $ - $ - $ .............................................................................................................. Construction & Right-of-Way .............................................................................................................. New Street Construction .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 2 2,241,448 2,446 $ 2,243,894 ........................................... Street Reconstruction 3 101,638 2,272,589 131,607 $ 2,506,134 Signals, Safety Devices, & Street Lights 4 $ - ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Pedestrian Ways & Bikepaths ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 5 12,474 2,414,663 ........................................... $ 2,427,137 ........................................... Storm Drains 6 $ - ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Storm Damage 7 0 0 ........................................... $ - Total Construction' ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 8 2,355,560 2,417,109 0 0 0 0 2,272,889 131,607 0 0 0 0$ - $ 7,177,165 ........................................... Right of Way Acquisition 9 $ - Total Construction & Right -of -Way 10 2,355,560 2,417,109 0 0 0 0 2,272,889 131,607 0 0 0 0 $ - $ 7,177,165 .............................................................................................................. Maintenance .............................................................................................................. Patching 11 $ - ....................................................................................................................................................................................................................................................................................................................................................................................................... Overlay & Sealing ....................................................................................................................................................................................................................................................................................................................................................................................................... 12 56,625 3,375 ............................................................................................................................................................. ........................................... $ 60,000 ........................................... Street Lights & Traffic Signals ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... 13 92,250 28,971 1,727 ............................................................................................................................................................. $ 122,948 ........................................... Storm Damage 14 $ - ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Other Street Purpose Maintenance 15 2,515,170 ........................................... $ 2,515,170 Total Maintenance' ............................................................................................................................ 16 2,607,420 0 ................................................................................................................................................................................................................................................................................................................................................................................................... 0 0 0 0 85,596 5,102 0 0 0 0$ - $ 2,698,118 ........................................... Other 17 0 0 81,430 2,959 $ - $ 84,389 GRAND TOTALS (Sum Lines 1, 10, 16,17) 18 $ 4,962,980 $ 2,417,109 $ - $ - 1 $ - $ - $ 2,358,485 $ 136,709 $ - $ - $ 81,430 $ 2,959 $ - $ 9,959,672 Any California State Constitution Article XIX streets and road eligible expenditure may be "counted" in local jurisdictions' calculation of MOE if the activity is supported (funded) by a local jurisdictions' discretionary funds (e.g. general fund). The California State Controller also provides useful information on Article XIX and the Streets and Highways Code eligible expenditures in its "Guidelines Relating to Gas Tax Expenditures for Cities and Counties". I have reviewed and am aware Finance Director Confirmation 19 of these guidelines and their applicability in calculating and reporting on Maintenance of Effort expenditures. Finance Director initial: ' Includes direct charges for staff time ' Other M2 includes A-M, R,S,T,U,V, and W + Transportation related only * Please provide a specific description Legend Project Description A-M Freeway Projects 0 Regional Capacity Program (RCP) P Regional Traffic Signal Synchronization Program (RTSSP) Q Local Fair Share R High Frequency Metrolink Service S Transit Extensions to Metrolink T Convert Metrolink Station(s) to Regional Gateways that connect Orange County with High -Speed Rail Systems U Senior Mobility Program or Senior Non -Emergency Medical Program V Community Based Transit/Circulators W Safe Transit Stops X Environmental Cleanup Program (Water Quality) Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A City of Tustin Schedule 4 M2 Expenditure Report Fiscal Year Ended June 30, 2024 Local Fair Share Project List PROJECT NAME AMOUNT EXPENDED Annex -Legacy Improvements $ 55,500 ....... ......... ......... ......... ......... ......... ......... Main Street Improvements $ ........................................ 25,467 ....................................................................................................................................................................................................................................................................................................................................................................................................................................... Edinger/Irvine Center Traffic Signal Synchronization $ 4,730 ....................................................................................................................................................................................................................................................................................................................................................................................................................................... Tustin Ranch/Von Karmen Traffic Signal Synchronization $ 11,963 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Red Hill Avenue Signal Synchronization ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ 7,546 ....................................................................................................................................................................................................................................................................................................................................................................................................................................... First Street Signal Synchronization $ 4,539 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Tustin Avenue Signal Synchronization ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ 1,920 ....................................................................................................................................................................................................................................................................................................................................................................................................................................... FY 22/23 Major Pavement Maintenance $ 2,031,693 ....................................................................................................................................................................................................................................................................................................................................................................................................................................... FY 23/24 Major Pavement Maintenance $ 227,026 ....................................................................................................................................................................................................................................................................................................................................................................................................................................... FY 24/25 Major Pavement Maintenance $ 60,000 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Direct Labor Charges Associated with these Projects ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, $ 64,810 $ 2,495,194 Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A City of Tustin Signature Page M2 Expenditure Report Fiscal Year Ended June 30, 2024 I hereby certify that: ® All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of my knowledge; ® The interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for those purposes for which the Net Revenues were allocated; ® The City of Tustin is aware of the State Controller's "Guidelines Relating to Gas Tax Expenditures for Cities and Counties", which is a guide for determining MOE Expenditures for M2 Eligibility purposes; ® The City's Expenditure Report is in compliance with direction provided in the State Controller's "Guidelines Relating to Gas Tax Expenditures for Cities and Counties;" and ® The City of Tustin has expended in this fiscal year an amount of local discretionary funds for streets and roads purposes at least equal to or exceeding the FY 2023-24 MOE benchmark dollar amount11 Jennifer King Director of Finance (Print Name) Signed by: 9 64 4D86AFAFFF77473... Signature 11/22/24 Date " Jurisdictions are encouraged to submit MOE eligible expenditures higher than their MOE benchmark, so that should certain expenses be ruled ineligible during an MOE audit, the local jurisdiction still has sufficient MOE expenditures to demonstrate continued achievement of the MOE benchmark. Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A RESOLUTION NO. 24-83 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, CONCERNING THE MEASURE M2 (M2) EXPENDITURE REPORT FOR THE CITY OF TUSTIN, CALIFORNIA WHEREAS, local jurisdictions are required to meet eligibility requirements and submit eligibility verification packages to the Orange County Transportation Authority (OCTA) in order to remain eligible to receive M2 funds; and WHEREAS, local jurisdictions are required to adopt an annual M2 Expenditure Report as part of one of the eligibility requirements; and WHEREAS, local jurisdictions are required to account for Net Revenues, developer/traffic impact fees, and funds expended by local jurisdiction in the M2 Expenditure Report that satisfy the Maintenance of Effort requirements; and WHEREAS, the M2 Expenditure Report shall include all Net Revenue fund balances, interest earned, and expenditures identified by type and program or project; and WHEREAS, the M2 Expenditure Report must be adopted and submitted to the OCTA each year within six months of the end of the local jurisdiction's fiscal year to be eligible to receive Net Revenues as part of M2. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUSTIN DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: a) The M2 Expenditure Report is in conformance with the template provided in the Measure M2 Eligibility Guidelines and accounts for Net Revenues including interest earned, expenditures during the fiscal year, and balances at the end of the fiscal year. b) The M2 Expenditure Report is hereby adopted by the City of Tustin, California. c) The City of Tustin Finance Director is hereby authorized to sign and submit the M2 Expenditure Report to OCTA for the fiscal year ending June 30, 2024. PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council held on the 3rd day of December 2024. AUSTIN LUMBARD, Mayor Resolution 24-83 Page 1 of 2 Docusign Envelope ID: E3598871-OCDO-4005-BA09-6603E5FCB82A ATTEST: ERICA N. YASUDA City Clerk APPROVED AS TO FORM: FDocuSigned by: .,: y - DAV01EF17KENDIG City Attorney /MSD/ STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Erica N. Yasuda, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 24-83 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 3rd day of December 2024, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: COUNCILMEMBER RECUSED: ERICA N. YASUDA, City Clerk Resolution 24-83 Page 2 of 2