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Item 26 -Resolution Approving the Submission of the Fiscal Year 2023-24 Measure M2 Year-Expenditure Report
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Item 26 -Resolution Approving the Submission of the Fiscal Year 2023-24 Measure M2 Year-Expenditure Report
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12/12/2024 11:49:42 AM
Creation date
12/11/2024 9:44:03 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
26
Date
12/17/2027
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City of Santa Ana <br />Signature Page <br />M2 Expenditure Report <br />Fiscal Year Ended June 30, 2024 <br />I hereby certify that: <br />❑ All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of <br />my knowledge; <br />❑ The interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for those <br />purposes for which the Net Revenues were allocated; <br />❑ The City/County of <br />is aware of the State Controller's "Guidelines Relating to Gas <br />Tax Expenditures for Cities and Counties", which is a guide for determining MOE Expenditures for M2 Eligibility <br />purposes; <br />❑ The City/County's Expenditure Report is in compliance with direction provided in the State Controller's <br />"Guidelines Relating to Gas Tax Expenditures for Cities and Counties;" and <br />❑ The City/County of <br />has expended in this fiscal year an amount of local discretionary <br />funds for streets and roads purposes at least equal to or exceeding the FY 2023-24 MOE benchmark dollar <br />Kathryn Downs <br />Director of Finance (Print Name) Date <br />Signature <br />" Jurisdictions are encouraged to submit MOE eligible expenditures higher than their MOE benchmark, so that <br />should certain expenses be ruled ineligible during an MOE audit, the local jurisdiction still has sufficient MOE <br />expenditures to demonstrate continued achievement of the MOE benchmark. <br />
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