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Home My WebLink AboutResolution No. 7038 451 RESOLUTION NO. 7038 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, AND ACTING AS EX OFFICIO GOVERNING BOARD OF DIRECTORS OF THE CYPRESS RECREATION AND PARK DISTRICT, CONCERNING THE MEASURE M2 EXPENDITURE REPORT FOR THE CITY OF CYPRESS FOR THE FISCAL YEAR ENDED JUNE 30, 2025 WHEREAS, local jurisdictions are required to meet eligibility requirements and submit eligibility verification packages to 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 Expenditure Report that satisfy the Maintenance of Effort requirements; and WHEREAS, the Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project; and WHEREAS, the 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 Cypress, and acting as ex officio governing Board of Directors of the Cypress Recreation and Park District, does hereby inform OCTA as follows: SECTION 1. The M2 Expenditure Report for Fiscal Year Ended June 30, 2025 is in conformance with the M2 Expenditure Report 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 the fiscal year. SECTION 2. The M2 Expenditure Report for Fiscal Year Ended June 30, 2025 (Attachment 1 to this Resolution) is hereby adopted for the City of Cypress, California. SECTION 3. The Director of Finance of the City of Cypress, California is hereby authorized to sign and submit the Measure M2 Expenditure Report to OCTA for the Fiscal Year Ended June 30, 2025. PASSED AND ADOPTED by the City Council of the City of Cypress, and acting as ex officio governing Board of Directors of the Cypress Recreation and Park District, at a regular meeting held on the 10th day of November, 2025. /1/,J 9//V/ 6-MAYOR OF THE CITY OF CYPRESS ATTEST: k ' CITY CLERK OF E CITY OF CYPRESS STATE OF CALIFORNIA} COUNTY OF ORANGE } SS I, LISA BERGLUND, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 10th day of November, 2025, by the following roll call vote: AYES: 4 COUNCIL MEMBERS: Chang, Peat, Medrano and Burke NOES: 0 COUNCIL MEMBERS: ABSENT: 0 COUNCIL MEMBERS: CITY CLERK O THE CITY OF CYPRESS 452 City of Cypress Schedule 1 M2 Expenditure Report Fiscal Year Ended June 30, 2025 II Beginning and Ending Balances Description No Amount Interest Balances at Beginning of Fiscal Year '7:1'4''. A-M Freeway Projects 1 $ - $ - O Regional Capacity Program(RCP) 2 $ - $ - P Regional Traffic Signal Synchronization Program(RTSSP) 3 $ - $ - Q Local Fair Share 4 $ 1,976,917 $ - R High Frequency Metrolink Service 5 $ - $ - S Transit Extensions to Metrolink 6 $ - $ - T Convert Metrolink Station(s)to Regional Gateways that 7 $ $ connect Orange County with High-Speed Rail Systems Senior Mobility Program or Senior Non-Emergency Medical 8 $ 205,493 $ Program ✓ Community Based Transit/Circulators 9 $ - $ - W Safe Transit Stops 10 $ - $ - X Environmental Cleanup Program(Water Quality) 11 $ - $ - Other* 12 $ - $ - Balances at Beginning of Fiscal Year 13 $ 2,182,410 $ - I Monies Made Available During Fiscal Year 14 $ 5,686,236 $ 78,022 Total Monies Available(Sum Lines 13&14) 15 $ 7,868,646 $ 78,022 I Expenditures During Fiscal Year 16 $ 6,883,956 $ 78,022 Balances at End of Fiscal Year ",`- ,", ' k A-M Freeway Projects 17 $ - $ - O Regional Capacity Program(RCP) 18 $ - $ - P Regional Traffic Signal Synchronization Program(RTSSP) 19 $ - $ - Q Local Fair Share 20 $ 805,591 $ - R High Frequency Metrolink Service 21 $ - $ - S Transit Extensions to Metrolink 22 $ - $ - Convert Metrolink Station(s)to Regional Gateways that _ T connect Orange County with High-Speed Rail Systems 23 $ $ Senior Mobility Program or Senior Non-Emergency Medical 24 $ 179,099 $ Program ✓ Community Based Transit/Circulators 25 $ - $ - W Safe Transit Stops 26 $ - $ - X Environmental Cleanup Program(Water Quality) 27 $ - $ - Other* 28 $ - $ - *Please provide a specific description 453 City of Cypress M2 Expenditure Report Schedule 2 Fiscal Year Ended June 30,2025 Sources and Uses Description No Amount Interest Revenues: i A-M Freeway Projects 1 $ - $ O Regional Capacity Program(RCP) 2 $ - $ - P Regional Traffic Signal Synchronization Program(RTSSP) 3 $ - $ - Q Local Fair Share 4 $ 1,190,037 $ 70,556 R High Frequency Metrolink Service 5 $ - $ - S Transit Extensions to Metrolink 6 $ - $ - Convert Metrolink Station(s)to Regional Gateways that connect T 7 $ $ Orange County with High-Speed Rail Systems U Senior Mobility Program or Senior Non-Emergency Medical Program 8 $ 71,988 $ 7,466 ✓ Community Based Transit/Circulators 9 $ - $ - W Safe Transit Stops 10 $ - $ - X Environmental Cleanup Program(Water Quality) 11 $ - $ - Other* 12 $ 4,424,211 $ - TOTAL REVENUES(Sum lines 1 to 12) 13 $ 5,686,236 $ 78,022 Expenditures: ,4 ow.. t.w ; A-M Freeway Projects 14 $ - $ - O Regional Capacity Program(RCP) 15 $ - $ - P Regional Traffic Signal Synchronization Program(RTSSP) 16 $ - $ - Q Local Fair Share 17 $ 2,361,363 $ 70,556 R High Frequency Metrolink Service 18 $ - $ - S Transit Extensions to Metrolink 19 $ - $ - T Convert Metrolink Station(s)to Regional Gateways that connect 20 $ $ Orange County with High-Speed Rail Systems U Senior Mobility Program or Senior Non-Emergency Medical Program 21 $ 98,382 $ 7,466 ✓ Community Based Transit/Circulators 22 $ - $ - W Safe Transit Stops 23 $ - $ - X Environmental Cleanup Program(Water Quality) 24 $ - $ - Other* 25 $ 4,424,211 $ - TOTAL EXPENDITURES(Sum lines 14 to 25) 26 $ 6,883,956 $ 78,022 TOTAL BALANCE(Subtract line 26 from 13) 27 $ (1,197,720) $ - * Please provide a specific description *Other revenues and expenditures include: Road Maintenance and Rehabilitation Act Revenue $ 2,205,017 State Gas Tax Revenue $ 1,987,363 Other Local Agency Reimbursements and Grant Revenue $ 231831 5 4.424.211 City of Or.ress khedute 3 M2 Expenditure Report *Peel Year Ended lune 30,2025 d. Streets end Roods Detailed Use of Funds mho rypselfypenditetl th, MOC Oevebptr/ O O p P R x Other Q X M2 M2 Other' TOTAL No. Impact foe metres' wens, mamas Interest Mgr Interest manta and/or O.n.;ead 1 S 1.213.013 $ •~S • S • $ - S •e$ - s $ - $ • $ • $ • $ • S ),239,053 Construction&Right•of•Way --- NtwSUeetCarrctruabn .._.,........»4444...»4444. 2 $ - $ • $ • $ - _ - ' Iz ',M ;, .,:. 5 5 • S S • S S S S • S • $ -_ ftecansttuthw la S _.. .0.310 $ • S^_ 1444: S ., . $ • S .� $4'446 1.212 .S • $ • s 4 44 4_:. 5 • 5 _..» ..• $ 4.-- Street .3.000 $ .57.342 Street itcconctrueloo•hgme AS lb $ 1,592.650 5 • 3 - 5 _ S • 5 • 5 3.141-742 5 70356 S . 5 _ S�ntb Safety Oerxes,A Sheet tights ...,....., .. _..aw $ .. -..,.- S ..._.._.... .S-...,— --. S .-._:.S. ......,..,: .S,......_. • S 5 , ._ S I.t36 tMt...Sr 6.3<)7K 211.290. 5.,___.. 5..... 5.....�..._. 5 S._ ••••444_4 5 - S.._. .21)_379 tedtstKan Wily'A 6Aepatht ...,.. ... S S '25D.00O $.1444.. .._. .• S_ - .$ ........... .• S. .. - ,S 4444...• S. • _ S - . ,. . . ,.. orfesi . . ._......._._._1441 • 544 44. • ....._. .. S 44 46-- s » $ .. . ..._ 4444 .._ 4444 4444 .. . . S S •�,>l2031 022,031 Stem Dram 6 5 - S • 5 ........«: 5 - $ - 5. • S : S .- 5 -. S 5 - 5 • 5 f. ....1'.. :... Stan Coquet 7a $........_._....,.• 5 _ .5. • 5 ........• S...... ..,: 5 : 5 , 5 - 5 5 $ _. . ._ $ 4 446 • S 4 444..1444 • S...........�.... •Stermbsenage-parretnont ......................... re S...._......_.. . .$ .. • S ...........- $. s. ..• $ • $ •• .$. .S 4444..- S. $ ..._. S 4444... s. . .....S_._. ..._......• • •rota[Conttrucrlon'(Sum lints2tofb) * S 1113.7)0 $ • S - $ • $ - $ • $ 2.562.363 5 10,556 S - 5 5s s L31u73 S 7A315631 RPM of Way -... 9 S .. ._. _ $ •.». 5 ....._.�• 5 - S .._• 5 5 ..$. • 5 - s. _._...,... S. ._.__..• $. .__..... .. S.... 5•• lea*Coestrndtionaltlghof•Way(SweUoss1&9) 10 $ 1.tw,710 $ • $ • $ • $ $ • s 7as1313 $ 70,ssa 5 • $ • 5 - 5 . S 3[1t>.a7* $ 7,43156* PatiNg 11 $ $ $ $ • $ - $ _? ............... ... ..........-_......_ .. . 14.44.. .• 1444. .....,..... s ... .. . $ . ... S $ • S $ • $ $ Overlay asean 12 $ _ 93,763 $ _ 5 • 5 , 5 5 4444. . _ ,. - .$ 4 $ •44... . s.•...•....- 5 ._. ... - S •4444 _ 393.761•sited tights4Tnf&Piab....._ 13 $ ..._...107_334 $ .. ,.�..• 5 - S - 5 • 5� ' 5 ... ... • S • 5 ._...•..• s. 5 _ s 4444. ._-44$4 • 34 . ....._..•_ 5 ...._...107.1*6 Stone Cu age 14 5 - 5 • 5 - $ • $ _ S • 5 - 5 • i - $ •... ws... - - ..,.,....,. ._..-WherWect Purpose MaMtOMi+�a._......_._.... ss; $»4444.. ,9 s . $.....,.....r.. s.._..�....' S»......._.., g $4444.«....._.-. S.,_........- $ 4466,. $ . .........._. $ • S f._._. • _._.. _. __ __. 5 - S __- S 1.113.111) 5 5,620.140 Caller StreetpnrpseMaMcentonco•hvumentµ.... _. $ ....»...___.. S ..•........'. $ ,......._..s_-•........,.S. ..,....._....S_.. - f. .• S_.._._..._- .S.........• s ._._...._- $............. $._,_.......S. .....• s. rota Wean Wea to 11 $ $09,757 5 - $ • $ • 5 - S - $ •e aa $ • 5 - 5 •s 5 - $ • $ 1.312.!32 $ 3.622019 Other 11 impo5 . S • 5 . 5 • 5 _ 5 • 5 • 5 . 5 _ 5 ».132 5 7.466 5 • 5 108,141 GRAND TOTALS(Sum lines L 10,11,17) It S 34.37,5*0 $ • 5 • $ • S • S • $ 1,511.343 $ 70336 S - $ •r5 76.312 $ 7,Ki $ 4,414.211 S 10,599,55* Amy GGfoenla State ConcNat ion Mid*)0[Meets andro eleltrbie Inpfilwihn.1ture rely be ctumed'A+loin)ustsdictbhsta)adah:InofMOElftheactirtyIswpported(hrdtdJbyalocaljurisdadoneOhtrstbnaryfurds(e.g.generalWn65Tho CaWomia State Contras"also provides artful Mfereradon on Article aale aad the Streets and Highways Code dpi W expenditures to ha•Gudellnet'slating to Gas lax Etpendarar*s for Cotes and Counties'. Ibis*re+leaed and an ovate of gr$delres and time 4ppltrab illy M caalating and'postlaig on Maitenarsa of Effort atlrendituref. Femme oiredte Cetttknaatlew is Plasm Dinner Wilal:, 'lntWdrt died charger for staff ems Lavin' 'Other MI Includes A-M,b,S,r,U,v,and W ►roves Coosa ptson ' Trensponstionremandonly A•ht areaway►tO5*CU •other a venmtt es tot l52,931,155 and me comprised ofthe fotoeyry sources: Mote:$20000004 612 Enpendhwtt repotted in Column Q.Un.Sam; 0 *moral Otiosity Program(0CP) ehreinmordesfromthostatedCA $ Z.205.011 COMttvtlton-PwtnenamillbereimbursedbyaStatetone.Receipt of that grant ► ,R4oJonaI Dottie Signal AvcbronetatwaProvamIaTSSP3 Gas Tan rnor3ct from Me State of CA S 1,09,)6.[ did not occur anti Septem`er2025.miring is insllgble le be reported as monist q scoot for Share Oth4r Grass and Local Agency Reimbursements S 231,531_ by f•r 2024-IS,which hi tarn causel the asalable M2 fund balante at 4(30/25 to be R HO Frtauency Metrabnt SeMce $ 1,424,221 w,deestated by$200.000 far muscat reportla(ACT*I sod M2 repororg pwposet. s Tram*feserneorn to Metrdlnk m Coeval Metroktk Statkr,p)to Repent Gateways that connect OtNp Cesare,*volts Ot)•ef)A1 EapMd'Rurct: Koh-Speed Asa Systems U Senior MabSey Pretrial or Strom Pan.Onsergeucy hotecil►rogram Senior MobilIty Program $ 93.3[2 V Coma rolyeasedTrrns4/Cina.btors Senior Mabttoe Program(1Merett) S 7,416 w Sate TranW Stops .. 103,*46 X Enakoanwr.tal Ctuanco Pro6raen(Water CM41,11,1 �• 455 City of Cypress Schedule 4 M2 Expenditure Report Fiscal Year Ended June 30,2025 Local Fair Share Project List PROJECT NAME TYPE OF EXPENDITURE AMOUNT INTEREST Arterial Rehabilitation CON-Street Reconstruction-Pavement $ 2,141,742 $ 70,556 Traffic Signal Improvements CON-Signals,Safety Devices,&Street Lights $ 211,399 Parkway Irrigation/Water Conservation Study CON-Street Reconstruction $ 8,222 I TOTAL PROJECT Q EXPENDED ' $ 2,361,363 I $ 70,556 GRAND TOTAL PROJECT Q EXPENDED $ 2,431,919 456 City of Cypress Signature Page M2 Expenditure Report Fiscal Year Ended June 30, 2025 I hereby certify that: ®All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of my knowledge; ®The interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for those purposes for which the Net Revenues were allocated; ®The City of Cypress is aware of the State Controller's"Guidelines Relating to Gas Tax Expenditures for Cities and Counties",which is a guide for determining MOE Expenditures for M2 Eligibility purposes; ®The City's Expenditure Report is in compliance with direction provided in the State Controller's "Guidelines Relating to Gas Tax Expenditures for Cities and Counties;" and The City of Cypress has expended in this fiscal year an amount of local discretionary funds for streets and roads purposes at least equal to or exceeding the FY 2024-25 MOE benchmark dollar amount 11 Matt Burton 11/5/2025 Director of Finance (Print Name) Date Signature " Jurisdictions are encouraged to submit MOE eligible expenditures higher than their MOE benchmark,so that should certain expenses be ruled ineligible during an MOE audit, the local jurisdiction still has sufficient MOE expenditures to demonstrate continued achievement of the MOE benchmark.