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HomeMy WebLinkAboutAgenda Statement 1986/06/24 Item 13 COUNCIL AGENDA STATEMENT Item 13 Meeting Date 6/24/86 ITEM TITLE: Resolution Authorizing Adjustment to the FY 1984-85 Transportation Development Act (TDA) Article 4.5 Claim SUBMITTED BY: Director of Public Works/City Engineer yi/// REVIEWED BY: City Manager!) r / (4/5ths Vote: Yes No X ) The Assistant Director of Finance has received a letter from the County Auditor directing the City of Chula Vista to return $5,543 to the Local Transportation Reserve Fund. This adjustment to the FY 1984-85 Article 4.5 claim will reconcile the estimates upon which the claim was based with the actual revenues and expenditures determined by the FY 1984-85 fiscal audit. The Assistant Director of Finance concurs with the results of this audit. RECOMMENDATION: That Council authorize the Assistant Director of Finance to return $5,543 to the Local Transportation Reserve Fund. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The FY 1984-85 TDA Article 4.5 claim submitted by Chula Vista for the operation of HandYtrans was in the amount of $176,756. This claim was based on the estimated costs and revenues for HandYtrans operation during FY 1984-85. The actual net cost of HandYtrans operation for FY 1984-85 was $5,543 less than the original claim estimate. FISCAL IMPACT: The $5,543 will be returned to the Local Transportation Reserve Fund and will be carried over to subsequent fiscal years to supplement future Article 4.5 funds. WMG:vt/DT005 WPC 0728t e- .. :Ae ., `-~-11. .y the City Coiinr.il of Chula Vista, California Dated 5,`c-6 / 1