Agenda Item
City Council
Item #: 3.15. 11/15/2022 File #: 22-0537
TO: Honorable Mayor and Members of the City Council
FROM: Leslie Hardy, Community Services Director
1. SUBJECT
Appropriation of $51,110.13 in Senior Mobility Program funds.
2. SUMMARY
Staff is recommending the appropriation of Measure M2 sales tax revenue in the amount of $51,110.13, received through the Senior Mobility Program administered by the Orange County Transportation Authority for the Senior Transportation Program.
3. RECOMMENDED ACTION
Authorize the appropriation of $51,110.13 from the Traffic Improvement-Measure M2 unreserved fund balance to the following expenditure accounts for Traffic Improvement-Measure M2:
$ 438.25 263.7041.51780.20412 Sr. Transportation 19-20
$ 490.28 263.7041.51780.30151 Sr. Transportation 20-21
$ 50,181.60 263.7041.51780.30175 Sr. Transportation 21-22
4. FISCAL IMPACT
The total appropriations for this program are funded by the revenue received from the Orange County Transportation Authority.
5. STRATEGIC PLAN GOALS
Goal 3: Enhance and promote quality of life in the community a: Renovate, maintain, develop, and/or expand public use places and spaces.
6. DISCUSSION AND BACKGROUND
Measure M2 Funds through the Senior Mobility Program (SMP) The City entered into an agreement with Orange Elderly Services (OES) to administer the Senior Transportation Program using Measure M2 sales tax revenue funds, which the City receives from Orange County Transportation Authority (OCTA) through the Senior Mobility Program (SMP).
Historically, the City budgets for approximately $120,000 in annual Measure M2 revenues and expenditures for this program, based on estimated revenue OCTA provides to City staff. Any additional amount received must be appropriated through City Council action. Additionally, unspent revenue generates interest that the City must use toward the SMP. All funds are required to be spent within three years of receipt.
To date for the applicable program years, the City has collected and earned a total of $51,110.13 in SMP revenue and interest in excess of budgeted appropriations. For SMP revenue collected in City of Orange Printed on 11/10/2022Page 1 of 2
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Item #: 3.15. 11/15/2022 File #: 22-0537
SMP revenue and interest in excess of budgeted appropriations. For SMP revenue collected in Fiscal Year 2019-20, the City earned a total of $438.25 in interest on SMP revenue over the budgeted amount. For SMP revenue collected in Fiscal Year 2020-2021, the City earned a total of $490.28 in interest. Additionally, the City collected revenue in excess of $49,576.05 of the Fiscal Year 2021-2022 appropriation and earned a total of $605.55 in interest on SMP revenue for the prior Fiscal Year. Therefore, a total of $51,110.13 in SMP revenue and interest needs to be appropriated to spend the funds within the three-year period.
7. ATTACHMENTS
· None
City of Orange Printed on 11/10/2022Page 2 of 2
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