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Resolution Number 12-12-11-01RESOLUTION NO. 12-12-11-01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA CONCERNING THE MEASURE M2 EXPENDITURE REPORT FOR THE CITY OF SAN JUAN CAPISTRANO FOR THE FISCAL YEAR ENDED JUNE 30, 2012 WHEREAS, Local Transportation Authority Ordinance No. 3 requires local jurisdictions to adopt an annual Expenditure Report to account for Net Revenues, developer/traffic impact fees, and funds expended by the local jurisdiction that satisfy the Maintenance of Effort requirements ; and, WHEREAS, the Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project; and, WHEREAS, the Expenditure Report must be adopted and submitted to the Orange County Transportation Authority (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 Measure M2. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano, does hereby inform OCTA that: a. The M2 Expenditure Report is in conformance with the M2 Expenditure Report Template provided in the Renewed Measure M 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 San Juan Capistrano. c. The City of San Juan Capistrano's Chief Financial Officer/City Treasurer is hereby authorized to sign and submit the Measure M2 Expenditure Report to OCTA for the fiscal year ended June 30, 2012. PASSED, APPROVED, AND ADOPTED this 11 th day of December 2012. JOHN TAYLOR, MAYOR ATTEST.. i MARIA MORRIS, CI ,Y CLERK STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) 1, MARIA MORRIS, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 12-12-11-01 was duly adopted by the Cit1r Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 11` day of December 2012, by the following vote: AYES: COUNCIL MEMBERS: Byrnes, Kramer, Reeve, Allevato and Mayor Taylor NOES: COUNCIL MEMBER: None ABSENT: COUNCIL MEMBER: None i MARIA MORRIS, City-Glerk__ City of San Juan Capistrano M2 Expenditure Report Fiscal Year Ended June 30, 2012 Beginning and Ending Balances Description Line Amount No. Balances at Beginning of Fiscal Year- _ qW M2 Fairshare 1 $ 106,717 M2 Fairshare Interest .... .._. 2 - .. M2 CTFP _.3 .._. _. .. M2 CTFP Interest 4 - Other M2 Funding (1), _ 5 .,, '.Other M2 Interest6 ,,.(68.020) - Other* ._._. ..,._ .,.,. 7 - gal ancesat Beginning of Fiscal Year (Sum Lines 1 to 7 11 ) 8 38,697 Monies Made Available During Fiscal Year 9 538,891 _ Total Monies Available (Sum Lines 8 & 9) - 10 577,588 Expenditures During Fiscal Year 11 240,368 Balances at End of Fiscal Year M2 Fairshare 12 524,537 M2 Fairshare Interest 13 1,993 M2 CT1FP14 .._._ _.._, .1s - M2 CTFP Interest ...... ,...._.... Other M2 Funding 16 (1891310) :.Other M2 Interest (2) ,._.. 17 - .... .._. _. Other* .1s * Please provide a specific description CTFP - Combined Transportation Funding Program Notes: (1) Not reported in Fiscal Year 2010-11 M2 Annual Expenditure Report in error. (2) The Environmental Mitigation Program grant is being funded by OCTA on a reimbursement basis. This means that the City incurs the expenditures first, then requests reimbursement from OCTA. This deficit balance at June 30, 2012 represents a timing difference between when the costs were incurred by the City and when the reimbursement request was subsequently submitted to OCTA. Schedule 1 EXHIBIT "A" - Page 1 of 5 City of San Juan Capistrano M2 Expenditure Report Fiscal Year Ended June 30, 2012 Sources and Uses * Please provide a specific description Schedule 2 EXHIBIT "A" - Page 2 of 5 Lme Description Amount No. Revenues: M2 Fairshare 1 $ 417,820 'M2Fairshare' lnterest2 _._._ ..... _.... 11993 ..... .._ M2CTFP ...,.,. ..__. _.3 ...,._. M2 CTFP Interest ...4 Other M2 Funding -...ther .M.2.. , .. . .... ,,._.. ., 5 .._,.., 119,078 ...,. ................ .O Interest 6 - Other* 7 ... __._.. TOTAL REVENUES (Sum lines 1 to 7) 8 $ 538,891 Expenditures: 77,7�7.``::, *� '`� �"' ti 'M2Fairshare 9 - _ M2 Fairshare Interest ... 10 - M2 CTFP 11 _ .... M2 CTFP interest 12 - Other M2 Funding -"--. ,....... ..,.._ 13240,368 ._14 Other M2 Interest _..... - _... Other* 15 TOTAL EXPENDITURES (Sum lines 9 to 15) 16 $ 240,368 TOTAL BALANCE (Subtract line 16 from 8) 17 $ 298,523 * Please provide a specific description Schedule 2 EXHIBIT "A" - Page 2 of 5 EN O C Q1 w L B C Q♦ a X W Y i EXHIBIT "A" - Page 3 of 5 S a_ v% Vt rs: W W a N C a N £g N � � m � ^�5 MM N m o E + vn yr 00 01 WV O N m'e--"s ^Nm o g ti �a `�, N m o'. N c; C Z IN ,-I M V VI l0 n Wr01 Oz�iN m V Vl t0 n W ao v J � a m � 9 m m q C c o 2i w ° q «, 2 r fa O ii o15 m v E E �.3, « u' H, Om q L EXHIBIT "A" - Page 3 of 5 City of San Juan Capistrano Schedule 4 EXHIBIT "A" - Page 4 of 5 City of San Juan Capistrano M2 Expenditure Report Fiscal Year Ended June 30, 2012 Signature Page I certify that all the information attached herein is true and accurate to the best of my knowledge: Chief 6bandal Officer