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.
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Dated -7-4a