March 9 Council Update - NEW
Here are the items of interest on the agenda for Tuesday, March 9, 2010.
Item number #7 - Use of State Prop 1b funds for pavement rehab of city streets.
Staff is proposing using Prop 1b funds to repair two roads: Sumner Ave. from Main to Chaney, and Heald Ave from Main to Chaney. The estimated cost is $705,000.00
Staff also proposes using Prop 42 (Gas Tax) money to pay for the Design Phase of these repairs, in the amount of $20,000.00
We as a city have until 2013 to spend the funds appropriated, or I guess the state takes it back. Even though it was ours to begin with, but please, don't get me started on that.
Item #8 - GO-Pass Program. This is a cooperative effort between RTA and Mt. San Jacinto College (MSJC) . It allows registered students of MSJC to board all RTA fixed route buses at no charge.
The Southcoast Air Quality Management District (AQMD) disperses taxes collected from AB2766 for programs like this one to cities. Assembly Bill 2766 (AB2766) was passed to help alleviate traffic congestion, air pollution and parking problems.
The cost to the city for one year is $1,081.00. The money would come from funds the city receives from AQMD as mentioned above. The money is taken from the taxpayers, then you get just a little back, but you have to spend it on what they feel is an appropriate use of taxpayer money. How's THAT for irony?
Item #16 - Report on the Mid-Year status of the budget
The online staff report for this item incorrectly states the city anticipates a reduction in revenue of $1. This should read $1 million.
Staff anticipates $1 million less in revenue this year.
Last year about 1 million was taken from the Rainy Day Fund to balance the budget. We apparently did not need that much due to a reduction in expenses in Fire, Police and Parks & Rec.
So, staff proposes using the money we didn't need last year and using it this year, along with taking an additional $245,000 to cover the $1 million shortfall in revenue.
The shortfall in revenue comes from 1) decrease in property tax 2) decrease in sales tax 3) decrease in Fire Tax Credit
If approved, it would leave roughly 6 1/2 million in reserve funds.
To view more detailed staff reports for all agenda items, click on the title of this post.
