Item 31 - Resolutions Authorizing Grant Applications for the Fiscal Year 2025-26 Measure M2 Funding

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Fiscal Year 2025-26 Measure M2 Comprehensive Transportation Program Grant Applications November 19, 2024 Page 2 4 6 6 9 billion over the 30-year period that Measure M2 is in effect (2011-2041). OCTA collects this revenue and distributes it as shown in the graphic below: Santa Ana receives Measure M2 funds in two categories: Local Fair-Share (formulaic distribution) and Competitive Grants. In order to qualify for both categories, Santa Ana (along with all Orange County Cities) must adhere to strict requirements and satisfy 13 eligibility categories. The table below summarizes the direct funds Santa Ana has received from OCTA, Measure M2 for the past three fiscal years. Fiscal Year Local Fair Share Competitive Grants Total Received FY 21/22 $4,567,205 $1,937,250 $6,504,455 FY 22/23 $5,762,336 $1,030,000 $6,792,336 FY 23/24 $6,709,413 $5,239,044 $11,948,457 Importantly, major projects such as the Bristol Corridor widening are fully funded, in large part via past Measure M2 grants and are now in the construction and bid phases. On August 12, 2024, OCTA issued a Call for Projects under the Measure M2 Comprehensive Transportation Funding Program (CTFP) for Fiscal Year (FY) 2025-26. Approximately $45 million will be available for award on a countywide, competitive grant basis via the Regional Capacity Program (Project O) for Arterial Capacity Enhancements (ACE), Intersection Capacity Enhancements (ICE), and the Regional Traffic Signal Synchronization Program (Project P). The CTFP is the mechanism by which OCTA administers competitive grant funding for streets and roads projects. The City will submit applications totaling over $8.5 million in grant funding requests, which includes all project phases and requires a local match commitment of 25% for both ACE and ICE programs, and 20% for Project P. If awarded, the existing and future