City Council
December 17, 2024
AGENDA REPORT
TO: Jestin D. Johnson FROM: Josh Rowan
City Administrator Director, Oakland
Department of
Transportation
SUBJECT: SUPPLEMENTAL - Measure BB Fund
Transfer
DATE: December 11, 2024
City Administrator Approval Date:
RECOMMENDATION
Staff Recommends That The City Council Adopt A 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) From Fiscal Year 2024 Measure BB Fund Balance To Partially Fund The Citywide Resurfacing Program Through The End of Fiscal Year 2025 To Reduce The Program Budget Shortfall And Partially Maintain Construction Schedules.
REASON FOR SUPPLEMENTAL
Subsequent to the original agenda report publication, Fiscal Year 2024 carryforward was implemented, providing a full and complete picture of the available fund balance in Measure BB of $5,081,873. Table 1 summarizes the calculation.
Table 1: Summary of Measure BB Undesignated Fund Balance (in millions) MEASURE BB – LOCAL STREETS AND ROADS (2218) FY 2024-25 Q1
Fund Balance as of 06/30/2024 - Unaudited $ 43.87 Less: FY2024-25 Adopted Budget - Use of Undesignated
Fund Balance (11.94)
Less: Carryforwards from FY23-24 (26.85)
Unappropriated Fund Balance $ 5.08
Staff recommendation is revised to reflect the confirmed fund balance that could be reappropriated to the paving program. Reappropriation will not impact existing projects or programs, as the fund balance is currently unappropriated.
Jestin Johnson (Dec 13, 2024 07:38 PST)
Dec 13, 2024
Jestin D. Johnson, City Administrator
Subject: SUPPLEMENTAL Measure BB Fund Transfer
Date: December 10, 2024 Page 2
City Council
December 17, 2024
REVISED Figure 1: Street Resurfacing CIP Budget (FY25)
FISCAL IMPACT
Approval of this proposed agreement will result in the appropriation of the fund balance within Measure BB (Fund 2218) to in-queue pavement construction projects, including Project 1006103 (Citywide Pavement Rehabilitation), Project 1006104 (Citywide Pavement Rehabilitation), and Project 1006339 (Citywide Pavement Rehabilitation). The appropriation may also be used to advance up to five other queued pavement construction and/or complete streets capital projects currently under DOT's management. There is no impact on the General Purpose Fund. There is a cost-benefit to paving streets sooner, as the cost to rehabilitate roadways increases with further pavement deterioration.
51.75 13.8
1.36 5.08
26.3 0
10 20
30 40
50 60
Adopted Paving Budget Proposed Backfill for Paving Budget Measure U (Transportation) Measure KK (Facilities Loan) Measure BB Salary Savings Intra-DOT Transfers
Measure BB Fund Balance Budget Gap
Jestin D. Johnson, City Administrator
Subject: SUPPLEMENTAL Measure BB Fund Transfer
Date: December 10, 2024 Page 3
City Council
December 17, 2024
ACTION REQUESTED OF THE CITY COUNCIL
Staff Recommends That The City Council Adopt A 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) From Fiscal Year 2024 Measure BB Fund Balance To Partially Fund The Citywide Resurfacing Program Through The End of Fiscal Year 2025 To Reduce The Program Budget Shortfall And Partially Maintain Construction Schedules.
For questions regarding this report, please contact Sarah Fine, Paving and Sidewalk Program Manager, at (510) 238-6241.
Respectfully submitted,
Josh Rowan, P.E.
Director, Department of Transportation
Reviewed by:
Jamie Parks, Assistant Director, Department of
Transportation
Sarah Fine, Complete Streets Paving &
Sidewalks Manager
Department of Transportation
Prepared by:
Benjamin Granberry, Assistant Engineer
Complete Streets Paving & Sidewalks
Department of Transportation
Yvonne Chan
Transportation Planner
Strategic Planning & Administration
Department of Transportation
Josh Rowan (Dec 12, 2024 16:17 PST)