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HomeMy WebLinkAboutAgenda Statement 1983/07/12 Item 8 COUNCIL AGENDA STATEMENT Item 8 Meeting Date 7/12/83 ITEM TITLE: Resolution /1377 Authorizing adjustment to the FY 1981-82 Transportation De6elopment Act (TDA) Article 4.5 Claim SUBMITTED BY: City Engineer (4/5ths Vote: Yes No X ) REVIEWED BY: City Manager The Director of Finance has received a letter from the County Auditor directing the City of Chula Vista to return $49,126 to the Local Transportation Fund (LTF) . This adjustment to the FY 1981-82 Article 4.5 Claim will reconcile the estimates upon which the claim was based with the actual revenue and expenditures determined by the FY 1981-82 fiscal audit. The Director of Finance concurs with the results of this audit. RECOMMENDATION: That Council authorize the Director of Finance to return $49,126 to the LTF. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The FY 1981-82 TDA Article 4.5 claim submitted by Chula Vista for the operation of HandYtrans was in the amount of $183,383. This claim was based on the estimated costs for HandYtrans operation during FY 1981-82, and was submitted to SANDAG and MTDB before finalizing the FY 1982-83 contract with Community Transit Services Inc. for HandYtrans operation. The actual costs of HandYtrans operation for FY 1981-82 was $49,126 less than the original claim estimate, because of lower operating costs and higher revenues than estimated. FISCAL IMPACT: Since Article 4.5 funds are discretionary and are not allocated by jurisdiction, the $49,126 will be returned to the Article 4.5 account. These funds will be carried over to subsequent fiscal years to supplement future Article 4.5 funds. WMG:nr/DT-005 WPC 0279T ,i// ,� by t h ;� rte. a.; i! of Chula 'vi:za, Calriornia Dated -7-4a