TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Anne McIntosh, Community Development Director
Nhung Madrid, Senior Management Analyst
SUBJECT:Title
Resolution No. 18-0081 Approving Fiscal Year 2018-2019 Cost Sharing Agreement for $19,151 for Beach Cities Transit Line 109 with City of Redondo Beach and Approve Appropriation and Funds Transfer (Community Development Director McIntosh).
a) ADOPT RESOLUTION NO. 18-0081
b) APPROVE APPROPRIATION AND FUNDS TRANSFER
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Recommended Action
RECOMMENDATION:
Staff recommends that the City Council:
1. Adopt Resolution No. 18-0081 approving a cost-sharing agreement for $19,151 with the City of Redondo Beach for Beach Cities Transit Line 109 services; and
2. Approve appropriation of $9,630 in Proposition A funds and transfer from the General Fund.
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FISCAL IMPLICATIONS:
Historically, the Cities of Manhattan Beach, Hermosa Beach, and El Segundo have contributed towards the cost sharing agreement for the operation of Beach Cities Transit (BCT) Line 109. For FY 2018-19, the shortfall projections for the Line are estimated at $119,318, of which Manhattan Beach's proportionate share is $19,151. The City's share includes $9,521 for operating expenses and $9,630 for the estimated cost to purchase and install Real-Time Information (RTI) capital equipment and systems, and related operation expenses.
The FY 2018-19 Adopted Budget includes sufficient funding for operating costs only ($9,521). Although the City's capital contribution toward the RTI was budgeted in FY 2017-18, the timing of the purchase was unknown during budget development and the funds were not carried forward. Staff recommends re-appropriating $9,630 in the Proposition A Fund for the RTI capital equipment purchase to occur in FY 2018-19. Since this will cause the Proposition A Fund to fall back into a deficit, a transfer from the General Fund is al...
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