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Att #8 - PowerPoint (Measure M2)

City Council/Public Financing Authority
June 20, 2023

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Att #8 - PowerPoint (Measure M2)
Meeting
June 20, 2023
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City Council/Public Financing Authority
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Text extracted from the city's file for reading and search. Open the original on huntingtonbeach.legistar1.com. That file is the official record.

Resolutions and 7-year CIP forMeasure M2 Eligibility
June 20, 2023 Council Meeting

Background
Measure M (1991 – 2011)
Approved by Orange County voters on 11/6/1990
Half-cent local transportation sales tax to maintain and improve local streets Measure M2 (2011 – 2041)
Renewed Measure M approved by Orange County voters on 11/7/2006 City must annually demonstrate compliance to receive Measure M net revenues City’s Measure M2 local fair share allocation in FY 23/24 is approx. $4.2M M2 Eligibility Requirements (FY 2023/24)
Adopt Resolution concerning Local Signal Synchronization Plan (LSSP) Adopt Resolution concerning Circulation Element and Mitigation Fee Program Adopt 7-year Capital Improvement Program (CIP) for FY 23/24 – FY 29/30

Key Elements
Local Signal Synchronization Plan (LSSP)
LSSP describes traffic signal synchronization and inventory within the City Update LSSP and adopt Resolution every 3 years to confirm City’s LSSP is consistent with requirements of OCTA’s Regional Traffic Signal Synchronization Master Plan Circulation Element (CE)
City’s Circulation Element defines the minimum planned lane configurations for major roads City’s CE shall be consistent with OCTA’s Master Plan of Arterial Highways (MPAH) Mitigation Fee Program (MFP)
Locally-established fees used to mitigate effects of new development on the City’s transportation infrastructure 7-Year Capital Improvement Plan (CIP)
Identifies all projects currently and potentially funded by OCTA Measure M2 funds

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