File number v4 / CO
1 APPROVED AS TO FORM AND LEGALITY
________________________
CITY ATTORNEY’S OFFICE
OAKLAND CITY COUNCIL
RESOLUTION NO. ______________ C.M.S.
RESOLUTION APPROPRIATING A ONE-TIME USE OF FUND
BALANCE IN AN AMOUNT NOT TO EXCEED FIVE MILLION,
EIGHTY-ONE THOUSAND, EIGHT HUNDRED AND SEVENTY THREE
DOLLARS ($5,081,873.00)ONE MILLI ON, TWO HUNDRED AND
SEVENTY-FOUR THOUSAND DOLLARS ($1,274,000.00) FROM FISCAL YEAR 2024 MEASURE BB FUND BALANCE TO PARTIALLY FUND
THE CITYWIDE RESURFACING PR OGRAM THROUGH THE END OF
FISCAL YEAR 2025 TO RE DUCE THE PROGRAM BUDGET
SHORTFALL AND PARTIALLY MAINTAIN CONSTRUCTION
SCHEDULES.
WHEREAS, on December 21, 2021, the City c ouncil adopted Ordinance No. 88975 C.M.S. establishing the 2022 5-Year Paving Plan (5YP); and
WHEREAS, on June 26, 2023, the City council adopted Ordinance No. 89804 C.M.S. establishing the Fiscal Year 2023-2025 (FY23-25) Budget and concurrently established the FY23-25 Capital Improvement Program (CIP); and
WHEREAS, the 2022 5-Year Paving Plan (5YP) is funded by the Street Resurfacing Capital Improvement Program (CIP); and
WHEREAS, for FY23-FY25, the Street Resurfaci ng CIP was funded fully by Measure KK and Measure U infrastructure bond funds, allocating $24 million in FY24 and $51.75 million in FY25 for Street Resurfacing; and
WHEREAS, on June 28, 2024, the City council adopted Ordinance No. 90326 C.M.S. establishing the FY23-FY25 Midcycle Budget Ad justments which reduced the budget for the FY25 Street Resurfacing CIP from $51.75 million to $6.75 million; and subsequently reduced to $0 as part of the FY25 contingency budget that went into effect in mid-October; and
WHEREAS, reduced output in FY25 projects risks a cascading effect in which projects that were supposed to be delivered in FY26 and beyond will also see schedule delays thus increasing the citywide pavement maintenance backlog; and Celso Ortiz (Dec 12, 2024 15:53 PST)
File number v4 / CO
2 WHEREAS, an available fund balance of five million, eight y-one thousand, eight hundred and seventy-three dollars ($5,081,873.00) one million, two hundred and seventy-four thousand dollars ($1,274,000.00) has been identified in the FY24 Measure BB fund; and
WHEREAS, the reappropriation of FY24 Measur e BB funds will not impact existing projects or programs, as the fund balance is currently unappropriated; and
WHEREAS, the City Administrator is requesting that the Council appropriate a one-time fund balance in an amount not to exceed $1,274,000.005,081,873.00 to reduce the current budget shortfall of the Citywide Resu rfacing Program, ensuring some paving projects planned for construction in FY25 can be constructed; and
WHEREAS, a fund reappropriation is not considered a proj ect under the California Environmental Quality Act (CEQ A), and therefore is not s ubject to CEQA review; now, therefore, be it
RESOLVED: That the City Council authorizes th e appropriation of a one-time use of fund balance in an amount not to exceed five million, eighty-one thousand, eight hundred and seventy-three dollars ($5,081,873.00)one million, two hundred and seventy-four thousand dollars ($1,274,000.00) from the currently unappropriated f und balance Fund 2218 (FY24 Measure BB) to Project 1006103, Citywide Pavement Rehabili tation, and may also be used to fund other queued active local streets and/ or complete streets capital projects currently under DOT's management.
IN COUNCIL, OAKLAND, CALIFORNIA,
PASSED BY THE FOLLOWING VOTE:
AYES - FIFE, GALLO, JENKINS, KALB, KAPLAN, RAMACHANDRAN, REID, AND
PRESIDENT FORTUNATO BAS
NOES –
ABSENT –
ABSTENTION –
ATTEST:
ASHA REED
City Clerk and Clerk of the Council of the
City of Oakland, California