TO: Honorable Mayor and Members of the City Council
THRU: Rick Otto, City Manager
FROM: Bonnie Hagan, Assistant City Manager / Community Services Director
1. Subject
title
Appropriation of Senior Mobility Program funds in the amount of $3,218.44.
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2. Summary
The appropriation of Measure M2 sales tax revenue in the amount of $3,218.44 received through the Senior Mobility Program administered by the Orange County Transportation Authority for the Senior Transportation Program.
3. Recommended Action
recommendation
Authorize the appropriation of $3,218.44 from the Traffic Improvement Measure M2 unreserved fund balance to the following expenditure accounts:
$ 754.13 263.7041.51780.20385 Senior Transportation Grant 18-19
$2,464.31 263.7041.51780.20412 Senior Transportation Grant 19-20
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4. Fiscal Impact
The total appropriation is funded by revenue received from the Orange County Transportation Authority.
5. Strategic Plan Goals
Goal 3: Enhance and promote quality of life in the community
a: Refurbish, maintain, develop and/or expand public use places and spaces
6. Discussion and Background
The City entered into an agreement with Orange Elderly Services (OES) to administer the Senior Transportation Program using Measure M2 sales tax revenue funds, which the City receives from the Orange County Transportation Authority (OCTA) through the Senior Mobility Program (SMP). The City budgets for approximately $120,000 in annual Measure M2 revenues and expenditures for this program. Any additional amount received or earned in interest must be appropriated through City Council action and all funds are required to be spent within three years of receipt. In Fiscal Year 2019-2020, the City received a total of $122,464.31 in revenue and interest, $2,464.31 over the budgeted amount. Additionally, the City earned a total of $754.13 in interest for funds received and appropriated the previous fiscal year. Therefore, a total of $3,218.44 in SMP revenue and interest needs to be appropriated in order to spend the funds within the three-year period.
7. ATTACHMENTS
• None