Laserfiche WebLink
Special Gas Tax and Transportation System Improvement Funds for Existing Approved <br />Capital Projects <br />November 19, 2024 <br />Page 2 <br />4 <br />6 <br />7 <br />3 <br />6. Approve an amendment to the Fiscal Year 2024-25 Capital Improvement Program <br />to include $5,000,000 of Transportation System Improvement Authorization Area B <br />funds for the Warner Phase 2 Widening Project (Project No. 18-6901). <br />7. Approve an amendment to the Fiscal Year 2024-25 Capital Improvement Program <br />to include $100,000 of Transportation System Improvement Authorization Area B <br />funds for the Warner Phase 2 Bikeway Project (Project No. 20-6971). <br />GOVERNMENT CODE §84308 APPLIES: No <br />DISCUSSION <br />The Public Works Agency (PWA) staff has evaluated funding sources for Council <br />approved capital improvement projects. Approval of this item will allow staff to use <br />existing developer fees to complete construction of certain street improvement projects <br />and frees up other money for Council to spend on other projects. <br />Background <br />The City collects various development impact fees from private developers to fund <br />capital projects. One such fee is the Transportation System Improvement Area (TSIA) <br />Fee. The fee is paid by developers and is used for to build transportation improvements. <br />Use of TSIA funds are restricted and may only be used on transportation projects within <br />the area where the fees were collected. The City also receives Highway User Tax <br />Account (HUTA) Gas Tax funds from the State which are restricted for use only on <br />street improvement and street maintenance projects. <br />Staff recommends prioritizing the use of restricted funds for their intended purpose in <br />lieu of non-restricted funds. This allows for non-restricted funds to be reprogrammed to <br />other improvement projects. <br />Staff has reviewed available TSIA and HUTA funds and recommends that allocated <br />budgets be revised to replace existing funds with available TSIA and HUTA funds. The <br />recommended actions do not increase the overall funding allocated to a project. Other <br />existing allocated funds (restricted and non-restricted) would be released to fund <br />balance and be made available for programming in future capital improvement projects <br />as approved by the City Council. <br />Recommendation <br />Staff recommends replacing existing funds in the following projects with TSIA funds and <br />Special Gas Tax funds (Exhibit 1). <br />•10th Street and Flower Street Improvements (Project No. 22-1342) <br />•Warner Widening Phase 1 (Project No. 14-6802) <br />•Warner Widening Phase 2 (Project No. 18-6901) <br />•Warner Widening Bikeway (Project No. 20-6971)