TO: LINDA REICH, CITY MANAGER
FROM: HYE JIN LEE, PE, DIRECTOR OF PUBLIC WORKS
SUBJECT
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Measure I 5-Year Improvement Plan and Expenditure Strategy for Fiscal Year 2024-2025 through Fiscal Year 2028-2029.
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RECOMMENDATION
Adopt Resolution No. 2024-038, approving the Measure I Local Street Pass-Through Funds Five-Year Capital Improvement Plan and Expenditure Strategy for Fiscal Year 2024-2025 through Fiscal Year 2028-2029.
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FISCAL IMPACT
Adoption of the Measure I Local Street Pass-Through Funds Five-Year Capital Improvement Plan and Expenditure Strategy is required to receive and expend Measure I funds. Measure I expenditures are included in the FY 2024-2025 Adopted Budget.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above further the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Financial Stability
* Responsible Long-Range Planning
Revenue: Click or tap here to enter text.
Expenditure: Fund 322
Transfer In: Click or tap here to enter text.
Transfer Out: Click or tap here to enter text.
BACKGROUND
In November 1989, San Bernardino County voters approved Measure I, supporting a half-cent sales tax in the incorporated and unincorporated areas of the County for the 20-year period between April 1, 1990, and March 31, 2010. Early in the second decade of Measure I, it became apparent that continuation of the half-cent sales tax would be critical to maintaining funding for transportation projects in San Bernardino County. Ultimately, the voters of San Bernardino County approved the San Bernardino County Transportation Authority Ordinance 04-01 on November 4, 2004, extending the half-cent sales tax for 30 years to March 31, 2040.
ISSUES/ANALYSIS
The Measure I Strategic Plan requires governing bodies receiving Measure I revenue from the Local Street Program to adopt a Five-Year Capital Improvement Plan (CIP) a...
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