File #: 2024-0333   
Type: Resolution Status: Passed
File created: 5/10/2024 In control: Finance, Budget and Audit Committee
On agenda: 6/20/2024 Final action: 6/27/2024
Title: ADOPT: A. Findings and Recommendations (Attachment A) for allocating fiscal year 2025 (FY25), Transportation Development Act (TDA) Article 8 funds estimated (Attachment B) at $42,918,656 as follows: 1. In the City of Avalon, there are no unmet transit needs that are reasonable to meet. Therefore TDA Article 8 funds in the amount of $202,757 may be used for street and road projects or transit projects; 2. In the Cities of Lancaster and Palmdale, there are no unmet transit needs that are reasonable to meet; in the Cities of Lancaster and Palmdale, and the unincorporated portions of North County, transit needs can be met by using other existing funding sources. Therefore, the TDA Article 8 funds in the amount of $10,490,346 and $10,039,029 (Lancaster and Palmdale, respectively) may be used for street and road projects or transit projects as long as their transit needs continue to be met; 3. In the City of Santa Clarita, there are no unmet transit needs that are reasonable to meet; in...
Indexes: Avalon, Budgeting, Lancaster, Metrolink Antelope Valley Line, North Los Angeles County subregion, Palmdale, Resolution, Safety, San Fernando Valley subregion, Santa Clarita, State laws, Tda Article 8 Formula Subsidies (Project), Transportation Development Act - Article 4, Transportation Development Act of 1971
Attachments: 1. Attachment A - FY25 Proposed Findings and Recommended Actions, 2. Attachment B - TDA Article 8 Apportionments Estimates for FY25, 3. Attachment C - FY25 TDA Article 8 Resolution, 4. Attachment D - History of TDA 8 Definitions, 5. Attachment E - TDA Article 8 Public Hearing Process FY25, 6. Attachment F - Summary of Recommendations and Actions Taken FY25
Related files: 2024-0487
Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
JUNE 20, 2024

Subject
SUBJECT: TRANSPORTATION DEVELOPMENT ACT (TDA) ARTICLE 8 FUND PROGRAM

Action
ACTION: APPROVE RECOMMENDATION

Heading
RECOMMENDATION

Title
ADOPT:

A. Findings and Recommendations (Attachment A) for allocating fiscal year 2025 (FY25), Transportation Development Act (TDA) Article 8 funds estimated (Attachment B) at $42,918,656 as follows:

1. In the City of Avalon, there are no unmet transit needs that are reasonable to meet. Therefore TDA Article 8 funds in the amount of $202,757 may be used for street and road projects or transit projects;

2. In the Cities of Lancaster and Palmdale, there are no unmet transit needs that are reasonable to meet; in the Cities of Lancaster and Palmdale, and the unincorporated portions of North County, transit needs can be met by using other existing funding sources. Therefore, the TDA Article 8 funds in the amount of $10,490,346 and $10,039,029 (Lancaster and Palmdale, respectively) may be used for street and road projects or transit projects as long as their transit needs continue to be met;

3. In the City of Santa Clarita, there are no unmet transit needs that are reasonable to meet; in the City of Santa Clarita and the unincorporated portions of the Santa Clarita Valley, existing transit needs can be met through the recommended actions using other funding sources. Therefore, TDA Article 8 funds in the amount of $13,956,331 for the City of Santa Clarita may be used for street and road projects or transit projects as long as their transit needs continue to be met;

4. In the Los Angeles County Unincorporated areas of North County, the areas encompassing both the Antelope Valley and the Santa Clarita Valley, transit needs are met with other funding sources, such as Proposition A and Proposition C Local Return. Therefore, TDA Article 8 funds in the amount of $8,230,193 may be used for street and road projects or transit projects as long as their transi...

Click here for full text