RES-11420 MEASURE M2 EXPENDITURE REPORT FY 2021-22RESOLUTION NO. 11420
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE CONCERNING THE FISCAL
YEAR 2021-2022 MEASURE M2 EXPENDITURE
REPORT FOR THE CITY OF ORANGE
WHEREAS, local jurisdictions are required to meet eligibility requirements and submit
eligibility verification packages to the Orange County Transportation Authority (OCTA) in order
to remain eligible to receive M2 funds; and
WHEREAS, local jurisdictions are required to adopt an annual M2 Expenditure Report as
part of one of the eligibility requirements; and
WHEREAS, local jurisdictions are required to account for Net Revenues, developer/traffic
impact fees, and funds expended by local jurisdiction in the M2 Expenditure Report that satisfy
the Maintenance of Effort requirements; and
WHEREAS, the M2 Expenditure Report shall include all Net Revenue fund balances, interest
earned, and expenditures identified by type and program or project; and
WHEREAS, the M2 Expenditure Report must be adopted and submitted to the OCTA each
year within six months of the end of the local jurisdiction's fiscal year to be eligible to receive Net
Revenues as part of M2.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Orange does
hereby inform OCTA that:
a) The M2 Expenditure Report is in conformance with the template provided in the Measure
M2 Eligibility Guidelines and accounts for Net Revenues including interest earned,
expenditures during the fiscal year, and balances at the end of fiscal year.
b) The M2 Expenditure Report is hereby adopted by the City of Orange.
c) The City of Orange Finance Director is hereby authorized to sign and submit the M2
Expenditure Report to OCTA for the fiscal year ending June 30, 2022.
ADOPTED this 15th day of November 2022.
N,,/
(, *—'ah,
Mark A Murphy, Mayor, City o Or
ATTEST:
Pamela Coleman, City Clerk, City of Orange
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF ORANGE )
I, PAMELA COLEMAN, City Clerk of the City of Orange, California, do hereby certify
that the foregoing Resolution was duly and regularly adopted by the City Council of the City of
Orange at an Adjourned Regular Meeting thereof held on the 15th day of November 2022, by the
following vote:
AYES:
COUNCILMEMBERS:
Nichols, Monaco, Barrios, Dumitru, Tavoularis,
Gutierrez, and Murphy
NOES:
COUNCILMEMBERS:
None
ABSENT:
COUNCILMEMBERS:
None
ABSTAIN:
COUNCILMEMBERS:
None
Pamela Coleman, City Clerk, City of Orange
Resolution No. 11420 2