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Item 33 - Measure M2 Funding Eligibility 2024 Renewal
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Item 33 - Measure M2 Funding Eligibility 2024 Renewal
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5/30/2024 4:16:56 PM
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5/29/2024 6:15:37 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
33
Date
6/4/2024
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4.0 Maintenance And Rehabilitation Strategies <br />4.3.2 ALTERNATIVE FUNDING LEVELS REQUIRED To MAINTAIN EXISTING PCI <br />With existing funding of just under $114 million for the entire pavement network over the seven- <br />year period from FY 2024/25 through FY 2030/31, additional funding is required to maintain the <br />existing PCI,w of 76.0. This alternative provides an available prioritized list of streets with <br />recommended M&R treatment to allow the City to hand select if unforeseen funds become <br />available at some point in the future. As illustrated in Table 4-6, a total of $9.1 million in additional <br />funds calculated at about $1.3 million annually would be needed; thus, providing for a total <br />alternative funding level of just over $122.8 million over the seven-year period. Furthermore, with <br />this additional funding, the backlog for FY 2024/25 of $314.9 million would be increased by about <br />16 percent to $365.0 million for FY 2030/31. <br />Demonstrated in Table 4-7 and Table 4-8, 45 percent ($4.1 million) of the additional funding ($9.1 <br />million) would be applied to the arterial network and 55 percent ($5.0 million) would be applied to <br />the local network. As a result, the existing PClaw would be maintained at 76.0; 71 and 78 for the <br />arterial and local networks, respectively. <br />City of Santa Ana 2024 Pavement Management Program 4-10 <br />
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