RES-11506 MEASURE M2 EXPENDITURE REPORT FY ENDED JUNE 30 2023RESOLUTION NO. 11506
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE CONCERNING THE FISCAL
YEAR ENDED JUNE 30, 2023, 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, 2023.
Remainder ofpage intentionally left blank; signatures on next page.]
ADOPTED this 12th day of December 2023.
Daniel R. Slater, Mayor, City of Orange
ATTEST:
Pamela Coleman, City Clerk, City of Orange
APPROVED AS TO FORM:
Mike igliotta, City Attorney
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 a regular meeting thereof held on the 12th day of December 2023,by the following vote:
AYES:COUNCILMEMBERS: Barrios, Dumitru, Tavoularis, Bilodeau, Gutierrez,
Gyllenhammer, and Slater
NOES:COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ABSTAIN: COUNCILMEMBERS: None
n
Pamela Coleman, City Clerk, City of Orange
Resolution No. 11506 2