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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 />4.3.3 ALTERNATIVE FUNDING LEVELS REQUIRED TO IMPROVE 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 improve the <br />existing PCI,w for FY 2024/25 of 76.0 by one point or better. As illustrated in Table 4-9, a total of <br />$15.6 million in additional funds calculated at about $2.2 million annually would be needed; thus <br />providing for a total alternative funding level of over $129.3 million over the seven-year period. <br />Furthermore, with this additional funding, the backlog for FY 2024/25 of $314.1 million would <br />increase about 14 percent to $358.1 million for FY 2030/31. <br />Demonstrated in Table 4-10 and Table 4-11, 30 percent ($4.6 million) of the additional funding <br />($15.6 million) would be applied to the arterial network and 70 percent ($11.0 million) would be <br />applied to the local network. As a result, the existing PClaw would be improved to 72.0 and 80.0 <br />for the arterial and local networks, respectively. Additionally, the backlog from FY 2024/25 to FY <br />2030/31 would remain about the same for the arterial network and increase by almost 15 percent <br />for the local network. <br />City of Santa Ana 2024 Pavement Management Program 4-13 <br />
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