Title
Department of Transportation recommending the Board authorize the Chair to sign the Federal Exchange/State Match Program Agreement No. X11-5925(101) with the California Department of Transportation allowing direct exchange with the State of $359,164 in Fiscal Year 2010-2011 Regional Surface Transportation Program Exchange Funds and allowing for the disbursement of $100,000 in State Match Funds.
FUNDING: Regional Surface Transportation Program Exchange Funds.
Body
BUDGET SUMMARY: |
|
|
Total Estimated Cost |
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$459,164 |
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|
|
Funding |
|
|
Budgeted |
$459,164 |
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New Funding |
$ |
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Savings |
$ |
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Other |
$ |
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Total Funding Available |
$459,164 |
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Change To Net County Cost |
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$0 |
Fiscal Impact/Change to Net County Cost:
Subsequent to approval by the California Department of Transportation (Caltrans), the County Department of Transportation (Department), in accordance with the Federal Exchange/State Match Program Agreement (Agreement), will allocate $359,164 for various transportation improvement projects. The State Matching funds of $100,000 will be allocated for use as a match on existing and anticipated federally funded transportation projects as the first priority before applying these funds to any other road related purpose. The portion allocated to the Tahoe Basin will be used for routine maintenance.
Background:
Section 182.6 of the Streets and Highways Code authorizes the County to exchange the assigned Federal apportionments made available to the County under the Safe, Accountable, Flexible, Efficient, Transportation Equity Act - A Legacy for Users (SAFETEA-LU), Regional Surface Transportation Program (RSTP), for nonfederal State Highway Account funds.
In accordance with the Agreement between the County and Caltrans, $359,164 in Federal funding (Section 182.6 of the Streets and Highways Code) is being exchanged for a like amount of State funds. An additional $100,000 of State Matching funds (Section 182.9 of the Streets and Highways Code) is also being made available. By exchanging the Federal monies with State monies, funds become less restrictive in use.
Reason for Recommendation:
This recommended action will allow the Road Fund to receive $459,164 of State revenue. The RSTP funds and the State Match funds are included in the Department's proposed FY 2011-2012 Department Budget.
Action to be taken following Board approval:
1. The Board Chair will sign two original Agreements, (State Agreement No X11-5925(101), County AGMT 11-53225).
2. The Board Clerk will forward two partially-executed original Agreements to the Department for further processing.
Action to be taken by the Department following Board approval:
1. The Department will forward two partially-executed original Agreements to Caltrans for their review, approval and signature.
2. The Department will forward a fully-executed original Agreement to the Board Clerk for filing.
3. The Department will prepare an invoice to obtain the available funding.
Contact:
James W. Ware, P.E.
Director of Transportation
Concurrences: County Counsel