MEETING DATE:
JUNE 25, 2024
SUBJECT:
Title
RESOLUTION NO. 2024-9319 - APPROVE PROJECTS FOR FISCAL YEAR 2024 - 2025 FUNDED BY SB - 1: THE ROAD REPAIR AND ACCOUNTABILITY ACT OF 2017
Body
Recommendation
Recommendation
ADOPT a resolution approving projects for fiscal year 2024-25 funded by SB 1: The Road Repair and Accountability Act of 2017.
Body
Board or Commission Action
Not Applicable
Relevant Council Strategic Theme
Quality of Life
Executive Summary
Senate Bill 1 Road Repair and Accountability Act of 2017 (SB 1) dedicated Roadway Maintenance and Rehabilitation Account (RMRA) funds to cities and counties for basic road maintenance, rehabilitation, and critical safety projects on local streets and roads systems.
In order to be eligible to receive an apportionment of RMRA funds, the City must submit an annual list of proposed projects through an adopted resolution to the California Transportation Commission (CTC). The City developed an SB 1 project list to ensure revenues are being used on the most high-priority and cost-effective projects that also meet community priorities for transportation investment.
Staff identified an additional potential project consistent with SB 1 funding objectives and guidelines and is seeking Council approval to submit the proposed project to the CTC for consideration of apportionment of RMRA funds.
Discussion
SB 1 dedicates approximately $1.5 billion per year in new formula revenues apportioned by the State Controller to cities and counties for basic road maintenance, rehabilitation, and critical safety projects on the local streets and roads system.
To be eligible to receive an apportionment of this funding, cities and counties are required to submit to the CTC by July 1 each year a list of proposed projects with expenditure reports detailing the description, location, expenditures, and estimates of the useful life of improvements constructed with program funding. The CTC completes an annual review of pro...
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