Title
Adoption of Resolution Amending the Fiscal Year 2018-19 Capital Projects Fund Budget to Consolidate All Senate Bill (SB) 1 Road Maintenance and Rehabilitation Account (RMRA) Funding Budget Commitments to the Pavement Management Project (91810) and Swap an Equivalent Amount of Measure B Local Streets and Roads Funding from the Pavement Management Project (91810) to the Sidewalk Maintenance Project (91601) and the Traffic Signals, Calming, and Systems Project (91812). (Public Works 310.05)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The proposed resolution consolidates all Road Maintenance and Rehabilitation Account (RMRA) funding into the Pavement Management project for ease of annual reporting to the California Transportation Commission (CTC). The RMRA funding previously committed to sidewalk maintenance and traffic signals and systems is being swapped with Measure B, Local Streets and Roads funding. There is no change to the overall budget or scope of work for the three capital projects affected.
BACKGROUND
The Road Repair and Accountability Act of 2017, more commonly known as Senate Bill 1 (SB-1) significantly increased gas tax revenues with the aim of repairing California's roadways. Significant components of the bill include a maintenance of effort requirement and annual reporting requirements. The maintenance of effort requirement is to ensure that this new source of funding is additive to and does not supplant prior roadway funding sources. The annual reporting to the CTC demonstrates to the public the amount of money spent and names the streets maintained with the new gas taxes.
DISCUSSION
SB-1 was passed into law on April 6, 2017 at a time when the 2017-19 Capital Budget was well into development. Staff was able to incorporate RMRA Local Streets and Roads Program revenue estimates developed by the State into the Capital Budget approved in June 2017. This funding was committed to three projects eligible for exi...
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