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CC - CONSENT ITEM: (1) Adoption of a Resolution Authorizing the City Manager or Designee to Execute Any Actions Necessary for the Purpose of Obtaining Financial Assistance Provided by the State of California Department of Transportation State of Good Repair Program; and (2) Adoption of a Resolution Authorizing the City Manager or Designee to Submit a Claim to the Los Angeles County Metropolitan Transportation Authority (Metro) for Transportation Development Act (TDA) Funds for FY2023/2024.
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Meeting Date: September 11, 2023
Contact Person/Dept: Nick Szamet/Transportation Department
Phone Number: (310) 253-6523
Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X]
Attachments: Yes [X] No []
Public Notification: (E-Mail) Meetings and Agendas - City Council (09/06/2023)
Department Approval: Diana Chang, Chief Transportation Officer (08/22/2023)
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RECOMMENDATION
Staff recommends the City Council (1) adopt a Resolution authorizing the City Manager or designee to execute any actions necessary for the purpose of obtaining financial assistance provided by the State of California Department of Transportation State of Good Repair Program (Attachment 1); and (2) adopt a resolution authorizing the City Manager or designee to submit a claim to the Los Angeles County Metropolitan Transportation Authority (Metro) for Transportation Development Act (TDA) funds for FY 2023/2024 (Attachment 2).
BACKGROUND/DISCUSSION
As part of the annual process accepting statewide available funding committed to transportation programs, the Transportation department is required to obtain resolutions for both the SB1 State of Good Repair and TDA funds.
Senate Bill (SB) 1 - State of Good Repair (SGR) program funds provide additional revenues for transit infrastructure repair and service improvements. These funds are to be made available for eligible transit maintenance, rehabilitation, and capital projects.
Transportation Development Act is comprised of the Local Transportation Fund (LTF) funds derived from a quarter-cent general sales tax collected statewide and State Transit Assistance funds (STA), which are derived from the statewide sales tax on diesel. These funds are eligible for use of both operating and capital expenditures.
Both the Caltrans and LA Metro require adoption of the resolutions by the governing body as preconditions for requirements to accept and claim monies. The Transportation Department uses the funds for partial subsidy of operating costs and capital project cost recovery.
FISCAL ANALYSIS
Funding for FY 2023/2024 allocations is included in the Adopted Budget of FY 2023/2024 as part of the Transportation Department’s budget and requires no additional appropriations or authorities. The table below outlines Culver City’s estimated allocations by program as provided by LA Metro’s Annual Funding Marks.
ATTACHMENTS
1. 2023-09-11_ATT 1_Resolution FY23 SB1 SGR Funds
2. 2023-09-11_ATT 2_Resolution for TDA Funds Claim
MOTIONS
That the City Council:
1. Adopt a resolution authorizing the City Manager or Designee to execute any actions necessary for the purpose of obtaining financial assistance provided by the State of California Department of Transportation State of Good Repair Program; and
2. Adopt a resolution authorizing the City Manager or designee to submit a claim to the Los Angeles County Metropolitan Transportation Authority (Metro) for Transportation Development Act (TDA) funds for FY 2023/2024.