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03 March 14, 2007 CommissionRECORDS RIVERSIDE COUNTY TRANSPORTATION COMMISSION MEETING AGENDA TIME: 10:00 a.m. DATE: Wednesday, March 14, 2007 LOCATION: BOARD ROOM County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside Commissioners Chair: Terry Henderson 1' Vice Chair: Jeff Stone 2nd Vice Chair: Bob Magee Bob Buster, County of Riverside John F. Tavaglione, County of Riverside Jeff Stone, County of Riverside Roy Wilson, County of Riverside Marion Ashley, County of Riverside Brenda Salas / Barbara Hanna, City of Banning Roger Berg / Jeff Fox, City of Beaumont Joseph DeConinck / Charles Grotke, City of Blythe John Chlebnik / Bill Davis, City of Calimesa Mary Craton / John Zaitz, City of Canyon Lake Gregory S. Pettis / Kathleen DeRosa, City of Cathedral City Eduardo Garcia / Steven Hernandez, City of Coachella Jeff Miller / Karen Spiegel, City of Corona Hank Hohenstein / Yvonne Parks, City of Desert Hot Springs Robin Lowe / Marc Searl, City of Hemet Patrick J. Mullany / Larry Spicer, City of Indian Wells Michael H. Wilson / Gene Gilbert, City of Indio Terry Henderson / Don Adolph, City of La Quinta Bob Magee / Robert L. Schiffner, City of Lake Elsinore Frank West / Charles White, City of Moreno Valley Rick Gibbs / Kelly Bennett, City of Murrieta Frank Hall / Harvey Sullivan, City of Norco Dick Kelly / Robert Spiegel, City of Palm Desert Ronald Oden / Ginny Foat, City of Palm Springs Daryl Busch / Mark Yarbrough, City of Perris Gordon Moller / Alan Seman, City of Rancho Mirage Steve Adams / Dom Betro, City of Riverside Chris Carlson / Jim Ayres, City of San Jacinto Ron Roberts / Jeff Comerchero, City of Temecula Mike Perovich, Governor's Appointee Eric Haley, Executive Director Anne Mayer, Deputy Executive Director Hideo Sugita, Deputy Executive Director 79734 Comments are welcomed by the Commission. /f you wish to provide comments to the Commission, please complete and submit a Testimony Card to the Clerk of the Commission. 11.36.00 RIVERSIDE COUNTY TRAINSPORTA TION COMMISSION www.rctc.org AGENDA* *Actions • may be taken on any item listed on the agenda 10: 00 a.m. Wednesday, March 14, 2007 BOARD ROOM County of Riverside Administrative Center 4080 Lemon Street, First Floor, Riverside In compliance with. the Americans with Disabilities Act and Government Code Section 549542, if special assistance is needed to participate in a Commission meeting, please contact the Clerk of the Board at (951) 787-7141. Notification of at least 48 hours prior to meeting time will assist staff in assuring that reasonable arrangements can be made to provide accessibility at the meeting. 1. CALL .TO ORDER 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL 4. PUBLIC COMMENTS Each individual speaker is limited to speak three (3) continuous minutes or less. The Commission may, either at the direction of the Chair or by majority vote of the Commission, waive this five minute time limitation. Depending on the number of items on the Agenda and the number of speakers, the Chair may, at his/her discretion, reduce the time of each speaker to two (2) continuous minutes.. Also, the Commission may terminate public comments if such comments become repetitious. Speakers may not yield their time to others without the .consent of the Chair. Any written documents to be distributed or presented to the Commission shall be submitted to the Clerk of the Board. This policy applies to Public Comments and comments on Agenda Items. Under the Brown Act, the Board should not take action on or discuss matters raised during public comment portion of the agenda which are not listed on the agenda. Board members may refer such matters to staff for factual information or to be placed on the subsequent agenda for consideration. Riverside County Transportation Commission Agenda March 14, 2007 Page 2 5.APPROVAL OF MINUTES. FEBRUARY 14., 2007 6. ADDITIONS/REVISIONS - The Commission may add an item to the Agenda after making a finding that there is a need to take immediate action on the item and that the item came to the attention of the Commission subsequent to the posting of the agenda. An action adding an item to the agenda requires . 2/3 vote of the Commission. if there are less than 2/3 of the Commission members present, adding an item to the agenda requires a unanimous .vote. Added items will be placed for discussion at, the end of the agenda. CONSENT CALENDAR - All matters on the Consent Calendar will be approved in a single motion unless a Commissioner(s) requests separate action on specific item(s). Items pulled from the Consent Calendar will be placed fordiscussion at the end of the agenda. 7A. FISCAL YEAR 2005/06 TRANSPORTATION DEVELOPMENT ACT AND MEASURE A AUDIT RESULTS Overview This item is for the Commission to receive and file the Transportation Development Act (TDA) and Measure A audit results report for the FY 2005/06. 7B. QUARTERLY INVESTMENT REPORT Overview This ;item is for the: Commission to' `'receive and file ,the Quarterly Investment Report for the quarter ended December 31,, 2006. 7C. QUARTERLY FINANCIAL: STATEMENTS: Page 27 Overview This item is for the Commission to receive . and file the Quarterly Financial Statements for the second quarter ended December 31, 2006: • Riverside County Transportation Commission Agenda March 14, 2007 Page 3 7D. SINGLE SIGNATURE AUTHORITY REPORT Overview Page 31 This item is for the Commission to receive and file the Single Signature Authority Report for the second quarter ended December 31, 2006. 7E INTERFUND LOAN ACTIVITY REPORT Overview Page 33 This item is for the Commission to receive and file the Interfund Loan Activity Report for the second quarter ended December 31, 2006. 7F. , SB 821 BICYCLE AND PEDESTRIAN FACILITIES PROGRAM EXTENSION FOR THE CITIES OF MORENO VALLEY AND SAN JACINTO Page 35 Overview This item is for the Commission to: 1) . Grant the city of Moreno Valley an extension to June 30, 2008 to complete the Pan Am Boulevard and Graham Street sidewalk improvement projects; and 2) Grant the city of San Jacinto an extension to June 30, 2008 to. complete the Idyllwild Drive sidewalk improvement project. 7G. AGREEMENT WITH SCHIERMEYER CONSULTING SERVICES TO PROVIDE PROFESSIONAL SERVICES TO THE COMMUTER RAIL PROGRAM Page 40 Overview This item is for the Commission to: 1) Award Agreement No. 07-25-103-00 to Schiermeyer Consulting Services to provide professional services to support the Commuter Rail Program, for a total not to exceed $195,000; 2) Authorize the Chair, pursuant to legal counsel review, toexecute the agreement on behalf of the Commission. Riverside County Transportation Commission Agenda March 14, 2007 Page 4 7H. , COMMUTER RAIL PROGRAM UPDATE Overview This item is for the Commission to receive and file .an -update on the. Commuter Rail Program. 71 METROPOLITAN TRANSPORTATION PLANNING PROCESS MEMORANDUM OF UNDERSTANDING WITH SOUTHERN 'CALIFORNIA ASSOCIATION OF GOVERNMENTS, THE COMMISSION AND THE RIVERSIDE COUNTY TRANSIT OPERATORS Overview This 'item is for the Commission to: 1) Approve Memorandum • of Understanding (MOU) No. 07-65-1 11-00 with the Southern California Association of Governments (SCAG), the Commission and the Riverside County Transit Operators (cities of Banning, Beaumont, Blythe, Corona, and Riverside, Riverside Transit Agency and SunLine Transit. Agency), and 2) Authorize the Chair, pursuant to legal counsel review, the .MOU on behalf of the Commission. 7J. STATE AND FEDERAL: LEGISLATIVE UPDATE:. Overview This .item ...is for the Commission _to •receive a Federal .:' Legislative update. o execute • • Riverside County Transportation Commission Agenda March 14, 2007 Page 5 7K. AGREEMENT NO. 02-31-009-02, AMENDMENT NO.' 2, WITH SC ENGINEERING TO PROVIDE ADDITIONAL ENGINEERING AND ENVIRONMENTAL STUDIES. FOR PROPOSED IMPROVEMENTS TO STATE, ROUTE 91 FROM ADAMS STREET TO THE 60/91 /215 INTERCHANGE Overview This item is for the Commission to: Page •65 1) Approve Agreement No. 02-31-009-02, Amendment No. 2, with SC Engineering to provide additional engineering and environmental studies required to finalize the project report, environmental document and geometric approval drawings for the proposed improvements to SR-91 from Adams Street to the 60/91/215 Interchange, for a total amendment amount of $280,977; and Authorize the Chair, pursuant to legal` counsel review, toexecute the amendment on behalf of the Commission. 8. 2006 STATE TRANSPORTATION IMPROVEMENT PROGRAM AUGMENTATION Overview This item is for the .Commission to: Page 78 1.) . Approve programming Western County formula projects and submit to the California_ Transportation •Commission (CTC); and 2) Concur with Coachella Valley Association of Government's (CVAG) project submittal for Eastern County formula funds and submit to the CTC. 9. PROPOSED POLICY GOALS AND OBJECTIVES FOR FISCAL YEAR 2007/08 BUDGET Overview Page 83 This itern is for the Committee to approve the proposed Commission Policy Goals and Objectives for the FY 2007/08 Budget. • 10. ITEMS PULLED FROM CONSENT CALENDAR AGENDA Riverside County Transportation Commission Agenda March 14, 2007 Page 6 11. COMMISSIONERS / EXECUTIVE : DIRECTOR'S REPORT This item provides the opportunity for the Commissioners and the Executive Director to report on attended meetings/conferences and any other items related to Commission activities. 12. CLOSED SESSION ITEMS CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to subdivision (a) of Government Code Section'54956.9(a) • Case -No. RIC 392211 13. ADJOURNMENT The next Commission meeting is scheduled to be held at 10:00 a.m., Wednesday, April 11, 2007, Board Room, County of Riverside. Administrative Center, 4080 Lemon Street, Riverside. March.13, 2007 RCTC P. O. Box 12008 Riverside, CA 92502-1208 To Whom It May Concern: Mayor Brenda Salas had appointed Councilmember John Machisic to attend the Regular Meeting of RCTC to be held on Wednesday, March 13, 2007 because she and alternative representative Barbara Hanna were going to be out of town. This letter is confirming that appointment just for that meeting. Sincerely, /s/ Marie A. Calderon City Clerk RIVERSIDE COUNTY TRANSPORTATION COMMISSION COMMISSIONER SIGN -IN SHEET MARCH 14, 2007 /JAME ,a• 43-1111 AGENCY E MAIL ADDRESS 311 y 3 leN 5Pwa prc--- RIVERSIDE COUNTY TRANSPORTATION COMMISSION ROLL CALL MARCH 14, 2007 Present Absent County :of Riversida, ;District I t , County of Riverside, District II CoUntSiof:RiVeiside, . _ County of Riverside, District IV County of Riverside' pistrict'V • • City of Banning "LC.ityiorBeautribnt ; : City of Blythe City qt Calitnesa:, , City of Canyon Lake City of..trathedr I City City of Coachella tity:of tor'oria't .;.. City of Desert Hot Springs City of Hemet:: ::- • ••• City of Indian Wells Citylotiridio BB City of La Quinta City 'Of . Lake, Elsinore '•': ': :::.- ',.: •,.:::,v , , :-... City of Moreno Valley 0 , dtNi-offmarrieta'-'77,:.:!-.., -:-..-, •:':-: - -• . '".••: ••: •••:-.:i..,'''',-- ,--f-,';.-, - • 'Y'" . . .... O O City.of Norco City of; Pa1rn Desert City of Palm Springs ,tity of.'Perris City of Rancho Mirage City,of Riverside •-, • - City of San Jacinto City of:TerneCula • " ; ••-• - tO Governoir's Appointee, Caltrans District 8 O O DETACH AND SUBMIT TO THE CLERK OF -THE -BOARD Speakers shall complete the following: DATE: SUBJECT OF /� PUBLIC COMMENTS: � PUBLIC COMMENTS: C7oh#I 14-J7'V ��e 'II.AS:- e-fSti,r.. t �qct re�` AGENDA ITEM NO.: IAS LISTED ON THE AGENDA) SUBJECT OF AGENDA ITEM NAME: AYAd1c Sari / ill) v e ( TEL. NO.: IS/ )6 - 3rz. ADDRESS: 3(e4 L,+,ne Sfi dfr+vc.-11.Jc 72501 Street City /Zip Code REPRESENTING: SGV-fhc..-yl C¢ /,r /4SSGf 10'.1 /Gn C/ r UYiLe).-lirnc-%ti Name of Group BUSINESS ADDRESS: TEL. NO.: RCTC/nk 10/03 State law requires that jurisdictions provide their "fair share" of regional housing needs. Local governments and Councils of Government (COGS) are charged with determining existing and future need, together with the California Department of Housing and Community Development (HCD). SCAG prepares the Regional Housing Needs Assessment (RHNA) for the six -county territory it represents. The last assessment covered the period January 1998 through June 2005. A Pilot Program to modify existing law and streamline the RHNA process was approved by the SCAG Regional Council. . What is the total for l housing The State HCD determined that the total regional housing need for the SCAG region, covering the period from January 1, 2006 through June 30, 2014, is between.687,000 to 733,000 housing units. This means that SCAG must adopt a final allocation plan, or final RHNA, that is between this range. . Where is SCA t Pi NA process? SCAG's Regional Council adopted a final allocation methodology and draft allocation plan (or draft RHNA) on February 1, 2007. Local jurisdictions who are seeking adjustments to their draft allocation may file revision requests and/or appeals with SCAG until March 16, 2007. Hearings by the RHNA Appeals Board are scheduled to occur in late April 2007. Detailed information concerning the appeals process is available on SCAG's website. 3. When is A due': SCAG is required to adopt a final RHNA by July 2007. SCAG's current schedule, projects that the final RHNA will be presented to SCAG's Regional Council for review and adoption on Julj7y�j5, 2007. 4. ,�SpCyi,���hen �'!FR ;�wn�y and C=l�r�Y131'1e �9 �?` 'e,„ a d S.I a credit frA'' housing buil e start the planning p ttod° Updated housing elements of local jurisdictions are due to be submitted to HCD by July 1, 2008„ Because the regional housing need allocation covers the. period of January 1, 2006 to June 30, 2014, local jurisdictions in updating their housing elements may credit, by applicable income category, actual housing units constructed during the 2.5 gap period (Jan 2006 — June 2008). for rial lands c inured economic Cities are responsible for creating. opportunities to meet their housing needs and are required to plan for, not build, more housing to accommodate their projected housing need. Tools to meet these requirements, include, but are not limited to, the conversion of existing units or rezoning to mixed use. R i, ASSC"'' tis� � ' over -col %atm of housing '. Neither existing law nor the Pilot Program allow the further concentration of lower income households in jurisdictions that house more than their "fair share." The Regional Council adopted a final allocation methodology which includes a 110% "fair share" policy to decrease new allocated housing need in areas that already have a high concentration. Max 5 delegation'? SCAG can delegate to a subregion composed of two or more contiguous local governments the responsibility of preparing the final allocation for that subregion. Delegation is undertaken by way of a written agreement between SCAG and the subregion. By accepting delegation, the subregion is not subject to SCAG's reallocation process, which results from successful appeals by local jurisdictions. Subregions interested in delegation should contact SCAG staff as soon as possible. Program? SCAG's Pilot Program was introduced as an urgency bill known as "SB 12" during this legislative session by Senator Alan Lowenthal. SB 12 was approved by the State Senate and is currently before the State Assembly for review. Meanwhile, SCAG staff continues to implement the various processes under the Pilot Program, including the revision and appeals process. It is anticipated that the SB 12 will be approved by the legislature prior to SCAG's adoption of the final RHNA. March 2007 Program? The Pilot Program ensures an integrated growth fore- cast, linking housing and transportation planning so as to plan more efficiently for future growth. The Pilot Program also seeks to streamline the current process under existing law, so that SCAG may adopt the final RHNA by July 2007, in order to give local jurisdictions one year to prepare their updated housing elements. Thy does the Pilo; .Program . t the £ appeabs proves one revisi andior one appeai a The Pilot Program includes a streamlined appeals process that is better suited to a complex multi -county region than the existing state law. Permitting a one revision and one appeal process that runs concurrently allows more time for local governments to update their housing elements cagxeigidi for more information contact Joe Carreras Program Manager 818 West 7th St. 12th FI. Los Angeles, CA 90017 213-236-1856 carreras@scag.ca.gov AssaciATION of RNMENTS DETACH AND SUBMIT -TO -THE -CLERK -OF -THE -BOARD Speakers shall complete the following: DATE: 3/I3/07 SUBJECT OF PUBLIC COMMENTS: 0 PUBLIC COMMENTS: Tn tr-iC\--utchcArt AGENDA ITEM NO.: (AS LISTED ON THE AGENDA) NAME: -62.v Ter r y ADDRESS: tl`S IA) . 1th Sfi• 12:1'1 floor- LA- 00-2 Street City Zip Code REPRESENTING: SUBJECT OF AGENDA ITEM: TEL. NO.: 213- 2342- I$Zi Name of Group BUSINESS ADDRESS: Q TEL. NO.: RCTC/nk 10/03 • AGENDA ITEM 5 • MINUTES • RIVERS/DE COUNTY TRANSPORTATION COMM/SS/ON MINUTES Wednesday, February 14, 2007 1. CALL TO ORDER The Riverside County Transportation Commission was called to order by Chair Terry Henderson at 10:03 a.m., in the Board Room at the County of Riverside Administrative Center, 4080 Lemon Street, Riverside, California, 92501. 2. PLEDGE OF ALLEGIANCE At this time, Commissioner Frank Hall led the Commission in a flag salute. 3. ROLL CALL Commissioners/Alternates Present Commissioners Absent Steve Adams Marion Ashley Roger Berg Bob Buster Chris Carlson John Chlebnik Mary Craton Joseph DeConinck. Rick Gibbs Frank Hall Terry Henderson Steven Hernandez Hank Hohenstein Dick Kelly Robin Lowe Bob Magee Jeff Miller Gordon Moller Patrick Mullany Mike Perovich Ron Roberts Brenda Sales Jeff Stone Frank West Michael H. Wilson Roy Wilson Mark Yarbrough Ronald Oden Gregory Pettis John F. Tavaglione Riverside County Transportation Commission Minutes February 14, 2007 Page 2 4. PUBLIC COMMENTS There were no requests from the public to speak. 5. APPROVAL OF MINUTES - January 10, 2007 M/S/C (R. Wilson/Hohenstein) to approve the January 10, 2007 minutes. Abstain: Craton, DeConinck, Yarbrough 6. ADDITIONS/REVISIONS Eric Haley, Executive Director, noted revisions to the following agenda items: • Agenda Item 7H, "Programming of Congestion Mitigation and Air Quality Funds for the North Main Corona Metrolink Parking Structure"; • Agenda Item 7M, "Transportation Control Measure Replacement Projects for the State Route 60 Part-time High Occupancy Vehicle Conversion Demonstration Projects"; and • Agenda Item 8, "Agreement No. 07-65-105-00 with Kleinfelder to Provide Supplemental Geotechnical Field Exploration, Testing Services and Technical Evaluations for the Proposed Irvine to Corona Expressway Project". 7. CONSENT CALENDAR Commissioner Bob Magee requested clarification on Agenda Item 7G related to the high occupancy toll (HOT) lane proposal on the 1-15. Anne Mayer, Deputy Executive Director, responded that due to concerns raised by the Commission at its December 13, 2006 meeting regarding the 1-15 proposal and the lack of additional general purpose capacity, a demand analysis will be performed that will include cost and funding capability of additional general purpose lanes on 1-15. Staff will return to the Commission in Spring 2007 with the results. Commissioner Robin Lowe requested clarification on Agenda Item 7H related to the redirection of State Transportation Improvement Program (STIP) Interregional Improvement Program (IIP) funds. Riverside County Transportation Commission Minutes February 14, 2007 Page 3 Shirley Medina, Program Manager, explained that the proposal to redirect the STIP-IIP funds could hamper the Commission's ability to advance the funds as currently programmed in the STIP for FY 2008/09. The funds may only be available at a limited capacity. Therefore, staff is proposing a different approach. Ms. Medina then provided • a brief overview on the revisions to Agenda Item 7M. Commissioner Lowe requested clarification on the rationale that this project will cause an increase in emissions. She cited that Northern California has utilized this program for years. The Commission is trying to move people in a more efficient manner and reduce omission. She also expressed concern as the Commission moves forward with the expansion of Interstates 15 and 215. Eric Haley replied that the rationale is that the availability of these lanes would be an inducement for people that normally would not be traveling to travel. Staff wants to resolve this issue as staff believes this is a meritorious project. There are a good set of arguments that shows this project to benefit air quality. He added that this project has also received sustained support and expects this program to move forward. In response. to Chair Henderson's concern, Shirley Medina responded that Southern California Association of Governments' (SCAG) efforts to work with Environmental Protection Agency due to the minimal emissions on this project were unsuccessful. Commissioner Steve Adams' requested additional information under Agenda Item 7P, related to an update on the Lowenthal bill regarding container fees as he believes it would provide viable funding for grade separations. Eric Haley replied staff will continue monitoring and periodically provide an update in the legislative staff report to the Commission. John Standiford; Public Affairs Director, noted that Commissioner Adams is making a distinction between a voluntary and mandatory program and staff recognizes that. Commissioner Jeff Miller asked to include language discussing proper tax incentives for businesses that want to make investments in infrastructure. Riverside County Transportation Commission Minutes February 14, 2007 Page 4 Commissioner Adams concurred with Commissioner Miller's comment as that could be one of the major ways to get funding for both highway and rail projects. M/S/C (R. Wilson/Miller) to approve the following Consent Calendar items: 7A. ORDINANCE. NO. 07-001 TO AMEND THE COMMISSION'S ADMINISTRATIVE CODE Adopt Ordinance No. 07-001, "An Ordinance Amending the Riverside County Transportation Commission Administrative Code", to reflect changes related to the Executive Committee and to addressing the Commission on agenda items. 7B. MID -YEAR REVENUE PROJECTIONS 1) Approve the mid -year revenue projections; 2) Approve the budget adjustments to reflect the revised Measure A revenues of $3,000,000 and expenditures of $1,477,000; and 3) Approve the budget adjustments to reflect the revised Local Transportation Fund (LTF) planning revenues of $371,803 and expenditures of $371,803. 7C. FISCAL YEAR 2007/08 LOCAL TRANSPORTATION FUND AND MEASURE A REVENUE PROJECTIONS 1) Approve the projections of the Local Transportation Fund (LTF) apportionment for the Western Riverside County, Coachella Valley, and Palo Verde Valley areas; and 2) Approve the projections for Measure A and related allocations. 7D. MID -YEAR BUDGET ADJUSTMENTS Approve a $229,700 increase in FY 2006/07 expenditures for mid- year budget adjustments. 7E. PROPOSED AUDIT SCOPE FOR TRANSIT AND TRANSPORTATION AUDITS Approve the proposed audit scope for Measure A recipients and Transportation Development Act (TDA) claimants. Riverside County Transportation Commission Minutes February 14, 2007 Page 5 7F. AMENDMENT TO ADVANCE OF FISCAL YEAR 2006/07 CITY OF HEMET MEASURE A LOCAL STREET AND ROAD FUND 1) Approve Agreement No. 06-31-068-01, Amendment No. 1 to Agreement No. 06-31-068-00, to advance. to the city of Hemet Measure A Local Street and Road funds in FY 2007/08 rather than FY 2006/07; and 2) Authorize the Chair, pursuant to legal counsel review, to execute the agreement on behalf of the Commission. 7G. STATUS OF TOLL PROGRAM AND STRATEGIC PARTNERSHIP ADVISORY SERVICES AMENDMENT 1) Receive and file summary of Orange County Transportation Authority (OCTA) goals to support Riverside County 10-Year Delivery Plan; 2) Support the continued coordination with OCTA regarding its goals, including conceptual approval of the Commission's fair share of OCTA's expanded travel and revenue studies; 3) Receive and file report on status of legislative approval; 4) Receive and file report on status of Corridor A analysis; 5) Approve a $750,000 contract increase for Strategic Partnership Advisory Services and amendments, as necessary, to Agreement Nos. 06-66-026-00, 06-66-027-00 and 06-66-028-00; and 6) Authorize the Chair, pursuant to legal counsel review, to execute the agreements on behalf of the Commission. 7H. PROGRAMMING OF CONGESTION MITIGATION AND AIR QUALITY FUNDS FOR THE NORTH MAIN CORONA METROLINK PARKING STRUCTURE Approve programming $15 million of Congestion Mitigation and Air Quality (CMAQ) funds to the North Main Corona Metrolink parking structure. 71. FISCAL YEAR 2007 MEASURE A CAPITAL IMPROVEMENT PLAN FOR LOCAL STREETS AND ROADS FOR THE CITY OF NORCO Approve the amendment to the FY 2007 Measure A Capital Improvement Plan (CIP) for Local Streets and Roads for the city of Norco as submitted. Riverside County Transportation Commission Minutes February 14, 2007 Page 6 7J. EXTENSION FOR EXCLUSIVE NEGOTIATING AGREEMENT WITH BRE PROPERTIES FOR JOINT DEVELOPMENT AT THE LA SIERRA METROLINK STATION 1) Approve a six-month extension for the exclusive negotiating agreement (ENA) with BRE Properties for joint development at the La Sierra Metrolink station; 2) Direct staff to enter into discussions with BRE Properties regarding an increase in the good faith deposit up to an additional $25,000; and 3) Authorize the Chair, pursuant to legal counsel review, to execute the agreement on behalf of the Commission. 7K. COMMUTER RAIL PROGRAM UPDATE Receive and file an update on the Commuter Rail Program as an information item. 7L. COORDINATED PUBLIC TRANSIT -HUMAN SERVICES TRANSPORTATION PLAN 1) Approve Agreement No. 07-62-096-00 with A-M-M-A for the development of a Coordinated Public Transit -Human Services Transportation Plan for Riverside County; and 2) Authorize the Chair, pursuant to legal counsel review, to execute the agreement on behalf of the Commission. 7M. STATE ROUTE 60 MIXED FLOW HIGH OCCUPANCY VEHICLE LANE MITIGATION PROJECTS Receive and file the recommended list of replacement transportation control measure (TCM) projects necessary to providemitigation for the SR-60 high occupancy vehicle (HOV) mixed lane demonstration project. Riverside County Transportation Commission Minutes February 14, 2007 Page 7 7N. COACHELLA VALLEY AIR QUALITY ENHANCEMENT GRANT 1) Accept the Coachella Valley Air Quality Enhancement Grant funds; 2) Authorize the Executive Director, pursuant to legal counsel review, to execute the agreement on behalf of the Commission; and 3) Authorize a budget amendment to create additional spending authority to accommodate the contract. 70. MEMORANDUM OF UNDERSTANDING NO. 07-31-097-00 FOR THE FUNDING AND JOINT DEVELOPMENT OF STATE HIGHWAY 111 IMPROVEMENTS FROM WASHINGTON STREET TO WEST CITY LIMITS WITHIN THE CITY OF LA QUINTA 1) Approve memorandum of understanding (MOU) No.07-31-097-00 for the funding reimbursement of state highvvay improvements within the city of La Quinta; and 2) Authorize the Chair, pursuant to legal counsel review, to execute the agreement on behalf of the Commission. 7P. 2007 STATE AND FEDERAL LEGISLATIVE PLATFORMS AND PROGRAMS 1) Adopt the 2007 Legislative Platforms and Programs; 2) Receive and file the state and federal legislative status report; and 3) Approve the following bill positions: a. SB 53 (Ducheny, D-San Diego) — Support in Concept b. SB 56 (Runner, R-Antelope Valley) — Support 8. AGREEMENT NO. 07-65-105-00 WITH KLEINFELDER TO PROVIDE SUPPLEMENTAL GEOTECHNICAL FIELD EXPLORATION, TESTING SERVICES AND TECHNICAL EVALUATIONS FOR THE PROPOSED IRVINE TO CORONA EXPRESSWAY PROJECT Cathy Bechtel, Project Delivery Director, provided an overview of the Irvine to Corona Expressway project and the scope of work for the geotechnical field exploration. In response to Commissioner Magee's concern regarding work being performed prior to the U.S. Forest Service approval, Cathy Bechtel provided an overview of the scope of work, including tasks that will need to be Riverside County Transportation Commission Minutes February 14, 2007 Page 8 performed prior to approval and boring, which are estimated to be up to $500,000. Limited notices to proceed are issued for specific tasks as the project moves forward. She added that there have been a number of meetings with the U.S. Forest Service and regular communications with Metropolitan Water District (MWD). Commissioner Magee reiterated that staff must be cognizant of financial concerns regarding this project and not get too far ahead of itself. Commissioner Jeff Miller expressed the importance of communicating the status of the project to Congressmen Ken Calvert and Gary Miller as this is a joint effort with Orange County. He requested a briefing be scheduled with the Congressmen by March. Cathy Bechtel replied that staff received direction at the February 2nd Riverside Orange Corridor Authority (ROCA) meeting to provide a briefing to the Congressmen and that is currently being developed. Staff will continue to provide regular briefings to the Congressmen and acknowledged Commissioner Miller.'s request for a briefing by March. In response to Commissioner Mary Craton's request for the location of the MWD borings in relation to this project and its possible impacts, Cathy Bechtel responded that MWD has started its work on two borings, one of which is located close to the Commission's proposed locations. She explained that Kleinfelder is performing the work for MWD and is in the early stages. Staff is receiving regular progress reports to allow staff to make adjustments as needed. Commissioner Roger Berg cited previous experience with Kleinfelder and concurs with the selection. M/S/C (M. Wilson/Magee) to: 1) Approve the selection process and award Agreement No.07-65-105-00 to Kleinfelder to provide supplemental geotechnical field exploration, testing services and technical evaluations for the proposed Irvine to Corona Expressway project based on the attached project scope, schedule and cost for a total not to exceed amount of $6,158,608; 2) Authorize the Chair, pursuant to legal counsel review, to exeute the agreement on behalf of the Commission; and 3) Authorize the Executive Director or his designee to approve optional tasks as may be required for the project. Riverside County Transportation Commission Minutes February 14, 2007 Page 9 Abstain: Ashley and Stone due to a potential conflict of interest. 9. PIERPASS PRESENTATION Stephanie Wiggins, Regional Programs Director, provided brief information on goods movement issues affecting the region. She then introduced Bruce Wargo, PierPASS President, to provide an update on the PierPASS program. Bruce Wargo presented the following information on the PierPASS program: • . PierPASS Background - created by legislation, off-peak focus and collection of fees; • Projected growth for the Ports of Los Angeles and Long Beach; • Interested parties in port operations; • Goals and objectives of the PierPASS program; • Traffic Mitigation Fee increase based on analysis; • Peak season 2006 and OffPeak update expectations 2007; • Benefits of the Off Peak program; • Truck driver survey results; • Potential factors causing truck driver concerns; • Ports Clean Air Action Plan and Truck Replacement Program; • Port security update; • PierPASS Truck Tag update; and • Federal Government Transportation Workers Identification Credential (TWIC). In response to Commissioner John Chlebnik's comment on utilization of other freeway systems as a result of this program, Bruce Wargo replied that a study is currently being conducted by Cal State Long Beach on traffic patterns and how PierPASS has influenced them. In response to Commissioner Gordon Moller's question regarding ownership and staffing of PierPASS, Bruce Wargo replied that PierPASS is a not -for -profit company and is owned by the terminal operators. Most of the work was outsourced to a company called ACS State and Local Solutions. At Commissioner Chris Carlson's request, Bruce Wargo explained the basis of the fees, the fee objective and how the fees are used. Riverside County Transportation Commission Minutes February 14, 2007 Page 10 Commissioner Lowe requested the presentation be emailed to the Commissioners. Additionally, she requested clarification on the lack of a fee being applied to empty containers that are on the highways. Bruce Wargo replied that it would be very difficult to determine who the fee should be collected from. In response to Commissioner Bob Buster's question regarding measurement of improvements on air quality as a result of this program, Bruce Wargo indicated that this is currently being studied. Commissioner Steve Adams expressed his belief that the goal of PierPASS to take large trucks off the freeway during the peak hours is the most effective way to free up prime drive time and reduce almost 50% of air pollution at zero cost. He added that Operation Freeflow has a similar goal and suggested the Commission's support for its implementation in 2007. 10. STATE ROUTE 74 PRESENTATION Mili Lim Stamation, Design Chief, Caltrans District 12, presented the State Route 74/Ortega Highway safety improvement project, discussing the following items: • Project area; • Project improvements, timeframe and cost; • Purpose and need - improve sight distance and increase lane width for greater maneuverability; • Construction closures; • Detour routes; and • Pub►ic awareness campaign. Commissioner Magee thanked Caltrans for responding to the public with respect to limiting the hours of full closures and giving priority to westbound traffic in the morning and eastbound traffic in the evening. He added that the city of Lake Elsinore is funding an improvement project at Grand Avenue and Ortega Highway including additional lanes, pavement improvements and signalization to be completed by May 23, 2007. He asked Ms. Stamation to also include this project in her public presentations. Mili Stamation acknowledged Commissioner Magee's request. Riverside County Transportation Commission Minutes February 14, 2007 Page 11 In response to Commissioner Mark Yarbrough's question regarding the speed limit after the improvements are complete, Mili Stamation responded that the speed limit will remain at 45 miles per hour. Commissioner Yarbrough requested Caltrans review the speed limit on SR-74 between the cities of Perris and Lake Elsinore for safety issues, citing a recent accident involving a pedestrian. Pam Gorniak, Chief of Public Affairs, District 12, presented the public awareness efforts for this project. Commissioner Lowe commended Caltrans District 12 for conducting pub►ic outreach for its construction projects. She suggested that upon completion of the project, coordination efforts are made with the California Highway Patrol to further improve the safety to the highway. Pam Gorniak acknowledged Commissioner Lowe's request. 11. APPOINTMENT OF A REPRESENTATIVE TO THE EXECUTIVE COMMITTEE At this time, Chair Henderson called for a five-minute recess for the representatives of the following areas to meet and determine their respective representative to the Executive Committee: Banning, Beaumont, Calimesa, Canyon Lake, Hemet, Lake -Elsinore, Murrieta, Norco, Perris, San Jacinto, and Temecula. The Commission reconvened and Chair Henderson called for the group to announce their representative to the Executive Committee. Commissioner Robin Lowe announced the appointment of Commissioner Mary Craton to the Executive Committee to represent the cities of Banning, Beaumont, Calimesa, Canyon Lake, Hemet, Lake Elsinore, Murrieta, Norco, Perris, San Jacinto, and Temecula. Commissioner Lowe requested staff look into increasing the number of representative from this group based on the population growth and number of cities represented. Eric Haley replied that staff is looking into objective indicators or a threshold to memberships. Riverside County Transportation Commission Minutes February 14, 2007 Page 12 12. ITEMS PULLED FROM CONSENT CALENDAR AGENDA There were no items pulled from the consent calendar. 13. COMMISSIONERS/EXECUTIVE DIRECTOR'S REPORT A. Eric Haley briefed the Commission on the following items: • Meeting with the Associated General Contractors and Tony Grasso, San Bernardino Associated Governments (SANBAG) Executive Director, concerning Proposition 1 B; • Presentation to the Hemet/San Jacinto Action Group on Friday, February 16`h; • Public nomination by California Transportation Commission (CTC) staff on the CMIA program on Friday, February 16"; • CMIA meeting to address issues in Sacramento on Tuesday, February 20`h; • CTC hearing on February 28' for CMIA allocations; • Transportation Summit by Assemblyman John Benoit on Friday, March 2nd at 10:00 a.m. - 12:00 p.m. at the Riverside County Administrative Center; • Green River Road groundbreaking ceremony in the city of Corona on Friday, March 2nd, at 2:00 p.m.; • Elected official briefings from Will Kempton, Caltrans Director, being held in Cathedral City and Moreno Valley on Friday, March 23"; and • Rating agency meetings being held in New York on Monday and Tuesday, March 26' and 27'. B. Commissioner Jeff Miller commended Cathy Bechtel for her outstanding work on the geotechnical, borings project for ROCA and Anne Mayer for her outstanding work representing the Commission's 10-Year Delivery Plan. 14. CLOSED SESSION ITEM A. CONFERENCE WITH LEGAL COUNSEL: EXISTING LITIGATION Pursuant to subdivision (a) of Government Code Section 54956.9 • AAA Case No. 72 199 01006 04 VMD • JAMS Case No. 1220032805 • Case No. RIC 462975 Riverside County Transportation Commission Minutes February 14, 2007 Page 13 B. CONFERENCE WITH REAL PROPERTY NEGOTIATOR Pursuant to Government Code Section 54956.8 Negotiating Parties: RCTC — Executive Director or Designee Property Owners — See List of Property Owners Item APN Property Owner(s) 1 279-230-003 Liston Brick Company of Corona 2 327-210-006 Edwin P. Jr. and Patricia L. Butler Dolores A. Judy Donald L. and Nellie Grace Scales Leland M. and Ruth E. Zepede 3 430-130-056 430-130-063 430-130-064 430-130-065 430-130-066 430-130-06 7 430-130-068 Shelbran Investments, L.P. 4 •279-030-003 279-240-001 279-240-008 279-240-009 279-190-034 282-040-003 279-030-004 279-030-005 279-030-006 279-030-008 Mike Kerr Gary McMillan There were no announcements from closed session items. Riverside County Transportation Commission Minutes February 14, 2007 Page 14 15. ADJOURNMENT There being no further business for consideration by the Riverside County Transportation Commission, the meeting adjourned at 12:06 p.m. The next Commission meeting is scheduled to be held at 10:00 a.m., on Wednesday, March 14, 2007, at the in the Board Room at the County of Riverside Administrative Center, 4080 Lemon Street, Riverside, California, 92501. Respectfully submitted, 00^-1^:"--k— - Jennifer Harmon Clerk of the Board • AGENDA ITEM 7A • RIVERSIDE COUNTY TRANSPORTATION COMM/SS/ON DATE: March 14, 2007. TO: Riverside County Transportation Committee FROM: Budget and Implementation Committee Audit Ad Hoc Committee Theresia. Trevino, Chief Financial Officer THROUGH: Eric Haley, Executive Director SUBJECT: Fiscal Year 2005/06 Transportation Development Act Measure A. Audit Results and BUDGET AND IMPLEMENTATION COMMITTEE, AUDIT AD HOC COMMITTEE AND STAFF RECOMMENDA TION . This item is for the Commission to receive and file the Transportation Development Act (TDA) and. Measure A audit results report for the FY 2005/06. BACKGROUND INFORMATION: In April 2003, . Caporicci & Larson (C&L) was selected to perform the audits , of Riverside County's TDA claimants and Measure A recipients, except for the Riverside Transit Agency (RTA), which elected to select its audit firm. This is the fourth year that. C&L has performed these audits for the Commission; however, it did not perform the audit for .the city of Beaumont. 1n October 2005, the city of Beaumont was notified by the Commission to engage an audit firm to perform the financial and compliance audits 'of its transit and transportation ,funds commencing with FY 2003/04. C&L has completed the audits and issued the audit reports for most of the ,local governments, non-profit agencies, and ,transit agencies that received TDA and Measure A funds. Professional auditing standards require the auditors to communicate to the audit committee, or an equivalent group, . to ensure additional information is provided regarding the scope and results- of the audit that may assist in overseeing management'sfinancial reporting and disclosure process related to the TDA. claimants and Measure A recipients. Such communications related to auditors' responsibilities and approach were discussed by C&L. Following are highlights of the summary of the audits conducted and related results: Agenda Item 7A 1 • 4f the $127,052,000 distributed related to Measure A, State Transit Assistance (STA), and TDA, $84,494,000, or 66.5% , was audited' by C&L: This comprised 33 recipients who received funds for transit; local streets and roads, and bicycle and pedestrian project purposes. $42,540, or 33.5%, was not audited. The majority of these disbursements were related to TDA planning and administration funds to agencies, including the Commission. As of February 7, 2007, 33 reports were issued: ' Issuance of two reports was pending approval by the cities of Hemet and Moreno Valley. Fieldwork was substantially completed for one additional recipient; issuance of this final report for Care=A-Van was pending resolution of open items and completion of quality review procedures. Findings and observations noted on the attachmentswere:. discussed. Attached is the summary of transportation and transit fund operations: andrelated audit results for the various types of TDA (Articles 3, 4, and 8) and Measure :A (specialized transit and local streets and roads) funding. Each schedule ..provides information for each claimant and recipient regarding the revenues, expenditures/expenses, and change in fund balance/net assets for the year ended June . 30, 2006; other financial and compliance information; summary of observations and findings; and other information pertaining to the status or scope. of work performed. Attachments: 1) Transportation .Development Act Article 3. Schedule 2).. Transportation Development Act Article, 4 Schedule 3) Transportation Development Act Article 8 Schedule 4) Measure A'Specialized Transit Schedule 5) Measure A,:Local Streets and Roads Schedule and Comments Agenda Item 7A 2 • • • Transportation Development Act Article 3 Schedule Year Ended June 30, 2006 Cathedral Desert Hot Moreno Palm County of Banning City Corona Springs Hemet Indio La Ouinta Valley Springs Perris Riverside Riverside Temecula DRAFT Revenues: Intergovernmental allocations: Article 3 $ 202,500 $ 59,258 $ 107,183 $ 30,000 $ 16,707 $ $ 62,991 $ 21,550 $ 72,897 $ - $ 186.227 $ 88,973 $ 34,873 Other - - 100,000 - Other revenues 214,411 - 9,604 235 100,000 - - Interest Income 490 (194) - - - 6,973 - 477 583 Total revenues 417,401 59,064 107,183 30,000 26,311 - 62.991 128,758 72,897 100,000 186,227 89,450 35,456 Total expenditures 416,911 64,639 107,183 30,000 156,945 - 62,991 21,550 72,897 186,227 89,450 35,456 Excess (deficiency) of revenues over (under) expenditures 490 (5,575) - (130,634) 107,208 100,000 Fund balances al beginning of year 4,881 - - - 167,944 (53,475) Fund balances at end of year $ 5,371 $ (5,575) $ $ - $ 130,634) $ - $ $ 275.152 $ $ 46,525 $ $ $ Deferred revenues at end of year $ $ - $ $ 130,634 $ 1,465 $ $ 43.668 $ $ - $ 98.607 $153,858 $ Source: 2006 Financial Statements Summary of Observations (Article 3 allocations are for specific bicycle and pedestrian Dialects approved by the Commission) 1 Banning fund balance relates to excess transfers from other city funds as a match for grant funds. 2 Cathedral City deficit fund balance to be funded by transfer from other city funds, per city disclosure In flnanclal statements. 3 Desert Hot Springs Audit Finding 2006-1 related to City not spending Article 3 Interest on Article 3 expenditures of 2005 carryover funds. 4 Hemet deficit fund balance Is related to deferred revenue balance. Amounts result from revenue recognition policy that revenues not received within 60 days after year end are not recognized as current year revenues. 5 Indio returned $1,357 to RCTC on 10/20/06. Difference relates to interest which may be used on future Article 3 projects. 6 Moreno Valley fund balance is related to accumulation of transfers from city's Measure A fund. Audit Finding 2006-1 related to City not spending Article 3 interest on Article 3 expenditures as Interest earned is recorded in Measure A fund since most of cash is related to excess Measure A transfers. 7 Perris has a fund balance of $46,525, which city has Indicated will be paid back to clty's Measure A funds in fiscal year 2007. Amount relates to Measure A transfer in excess of 2005 deficit fund balance. 8 Moreno Valley, Riverside, and County will be requested to provide details on projects that such unexpended funds are related to. 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Je410 ammo of leap peq to AJenmey Apedoid;o ales uo (ssol) toes Ono) u! 61e151181 (6 el8N) ltnsmel to luewelllaS esuedxe )seuelu! ewmul (swam Jee10 %evil pezpepeds y %nsee% !eloped e0uetstssy psueti ems spend uogeuedsueJi le000 :wets $sesuedxe) semen% 6ulleJedeu0N soot aulleJen0 sesu8dxe euectedo pool sesuedxe 15u4eJed0 10e10 uopezpJowe pue ueoepeJdes, :sesuadxe &Altman senueN% 6upeJado teloi • • Transportation Development Act Article 8 Schedule Year ended June 30, 2006 • • County of Blythe Riverside Revenues: Intergovernmental allocations: Article 8 $ $ Other revenues 205,296 Interest income - 16,644 Total revenues 205,296 16,644 Total expenditures 491,997 161,252 Excess (deficiency) of revenues over (under) expenditures (286,701) (144,608) Fund balances at beginning of year (544,173) 555,565 Fund balances at end of year $(830,874) $ 410,957 Source: 2006 Financial Statements Summary of Observations (Article 8 allocations for Westem County and Coachella Valley ended in 1993 and 1987, respectively, as available LTF funds are now used to meet transit needs. Article 8 allocations for Palo Verde Valley are subject to an annual unmet needs hearing.) 1 Blythe has had significant negative fund balance for a few years. Expenditures were not budgeted for. No disbursements of Article 8 revenue to Blythe have been made through 2006 due to unmet needs In Palo Verde Valley. At 9/14/06 Commission meeting, RCTC approved allocation of avallable Palo Verde Valley TDA monies for local streets and roads for Blythe and County. Blythe's share was $627,556, which will substantially reduce the deficit In 2007. Section 99400 (a) 2/28/2007 5 • • Operating revenues: Measure A Interest income Other revenue Total operating revenues Total operating expenses Change in net assets Net assets at beginning of year Net assets at end of year $ $ $ Deferred revenues Match requirement Actual match Match requirement compliance status Source: 2006 Financial Statements Measure A Specialized Transit Schedule Year Ended June 30, 2006 Audits Agreed Upon Procedures (Note 2) (Note 1A) (Note 1A) (Note 1A) (Note 1A) Partnership for Friends of Beaumont Care Independent Volunteer Moreno Blindness Adult Inland AIDS Care -A -Van Connexxus Living Center City of Norco Valley Support School Project $ 130,000 $ 340.698 305 118,714 $ 91,010 $ 17,843 $ 46,880 $ 65,342 $ 48,650 $ 95,425 285 19,443 248,714 341.003 248,714 337,421 91,295 37,286 121,420 37,286 $ 81,000 $ 67,159 $ 50,277 $ 100,000 3,582 (30,125) 30,537 3,582 $ 412 $ $ 65,000 $ 428,685 $ 143,523 $ 118,714 $ 431,607 $ 154,940 Met Met $ 17,843 $ 23,440 N/A $ 26,498 $ 89,000 $ 19,443 $ 23,440 N/A $ 30,437 $ 103,727 Met Met Met N/A Met Met Note 1 Full -scope audit was not performed due to grant amounts and/or purpose; however, agreed -upon procedures were performed related to the agreement and grant expenditures. Note 2 Care -A -Van audit has not been completed due to matching issues to be resolved. Summary of Observations (Measure A specialized transit grants are provided In two-year cycles, most recent cycle ended June 30, 2006) and Findings 1 Norco Department of Parks did not distinguish expenditures spent by the senior Citizen transit program from the rest of the Senior Citizen department expenditures. The city will set-up separate expenditure accounts to track Measure A Specialized Program expenditures In subsequent years. 2 RCTC staff to address accounting for cash matching requirements, which currently are not reflected in financial statements. a 4 5 Partnership must request carryover of funds of $3,582 or retum to RCTC. Volunteer Center must request carryover of funds of $412 or return to RCTC. Whiteside Manor received funds of $17.845 allocated for purchase of vehicle. Proper supporting documentation was provided to RCTC to support such vehicle purchase. 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ZOOZ £OOZ b00Z 900Z 900Z :penlaoar read Aq eoueleq pund weuodwoo Aq saoueleq punk Ieaol peieu6lsapun `peduesawn. dadde woo ro speroid arnpl/offloads raj peleu6peo. seouenpe roi panraseld suoppdordde 6ulnunuop ro} pameseu s}oeford oigloeds aoi petuese seouergwnoue rod patiaseu :saoueleq punt jo queuodwo0 900Z10£ aunr,pepue me), alnpayos speoa pue seems pool y einseeN LOOZI8Z/Z 6 9 do £ bSl d aansealN £££'96£ $ L179'L9£ $ ZE9`86L'4$ 048'901'Z$ 65£1746'9 $ °KO/V 4 $ Z94`t79t7`6Z $ £175`E8E`Z $ mei(}o pue le s.aoueleq pund 84E`689 08£`K/ 616`0Z8 bt74'Z90'E 9191£41'P 644'17/6 ELZ`L99`6£ £ZS LZ8'£ Jean to 6uluul6aq le saoupleq pund (Z174`617) • - - - luawisnfpe poped aoud (996'Z64) (464'L4£) £99'LL6 (17££'99£) £17l'00Z'1 4ZZ'96Z (1Z4'£OZ'04) (086'Ebt'4) saanilpuedxa (aapun) aano senuenaalo (Aouepuep) ssaox3 000'0917 L94`69L - OZZ' 48Z'Z mg' 4t7l'Z Z9Z`009 91 C/99'0Z 179£'L9V E saaniipuedxe lelol. - 4Zt/t6 099'bZ - E69`9£ isaaalul - 9£4`4Lt 009`ZZ4 960'6L1 ,ledloupd :eopues igaa - sluewenoadwl lepepe leuoi6ej _ legno lellde0 - - uollealslulwpe pue 6upeeul6u3 000'0517 194`69L- OZZ'48Z`Z . 096`9/CZ ZOZ'£9£ 91C/99`0Z 99£`ZbZ`£ eoueuopew pue uogonAsuo0 :saanilpuadx3 910'L9Z 919' 4bb £99'LL6 99917U' 1 6bZ'Zfi6'£ £Lb'961 1766'£817`01 171E'E 10'Z senuenea lelol ZOL'44 ZZO'OZ 4£C9Z £L£'98 Z48'£t4 11£`1717 406`99/ 85£`Z£4 awooul isaaalul 149'14 - 92'917 - 999 9 04Z`L6t. senuenaa aagio. - - wea6oad lepepe leuol6aa woa4 sluawasmgwlaa siuewasanciwmd E4£`9bZ . $ 1£0't7017 $ ZZ9'6176 $ 86Z'Z6L'4$ L£b'86L'£ $ 0£9`451 $ 180'14L'6 $ 908'£8£'4 $ y aansem :suolieoolle leluewwano6Ja;ul :senuenaq:l slleM ueipui s6upds ellayoeoo Apo elhoawel oluloeE ueS eplsaanl:l shied • — — — — ILL EE20— ledBaJ � AelleA ellayaeoa A;unoa uaa;saM L 900Z'0£ aunt pepue aeaA einpegos speoa pue smalls pool d aanseew Measure A Local Streets -and Roads Schedule Year ended June 30; 2006 Components of fund balances: Reserved for encumbrances Reserved for specific projects Reserved for continuing appropriations Reserved for advances Designated for specific/future projects or cont approp Unreserved, undesignated Total fund balances by component Fund balance by year received: 2006 2005 2004 2003 2002 1998 Total fund balances by year received Notes payable to. RCTC at end of year Amount of Excess MOE at end of year MOE compliance status Source: 200.6 Financial Statements . Western County Perris Riverside San Jacinto Temecula City 1 1 Coachella Valley �'T at7e3T-61" -—C7B5BrNI-T81— Coachella Springs Indian Wells $ 3,187,517 $. 10,088,608 - - - - - 2,383,543 16,178,027 1,270,340 5,914,359 2,705,810 . 1,798,632 , 367,647. 396,333 $ 2,383,543 $ 29,454,152 $ 1,270,340 $ 5,914,359 $2,705,810 : $1,798,632 $ 367,647 $ 396,333 $ 2,013,374 $ 10,483,994 $ 683,930 $ 3,942,249 $1,924,886 $ 977,653 $ 367,647. $ 257,01.5 370,169 14,508,502 - 1,972,110 780,924 11,142 139,318 4,461,656 375,960 433,877 - 586,410 $ 2,383,543 $ 29,454,152 $ 1,270,340 $ 5,914,359 $2,705,810 $1,798,632 $ 367,647 $ 396,333 $ 571,908 $ $ 391,835 $ 1,506,991 $ - $ - $ - $ ,$ 12,527,070 $ 25,448,703 $ 9,885,871 N/A $2,442,384_ $2,226,720 $ 298,643 $ 18,102,607 Met w/use of Met Met N/A (Note 2) Met Met Met Met excess MOE LOOZ/8Z/Z Z88`880`£Z$ , 084`£17L'4 $ 49Z`98£`Z $ 48£'£1.0'9 $ Z99'9Z8'1 $ 9617'£94'Z $ 4L91717VLL. 1794`06Z'4 9L6`171.0'Z 90L'£t79`S £1717'0178`9 £48'90917 (17Z1.`17917) - (£06'99£) - 9£17`860'9 9Z0'£9t7 £8£'686'L 090'179V 9LZ' 4 4£ £0Z`98b`£ 6L9'9£8 60Z'986'L. (9L£'£9£`Z) L 45' 4817` 4 1789' 49Z' 4 Ob£`OL£'b Z£9'Z84 £8£'686`L 08017917 £0Z'99b`£ 988`86Z` 4 1789` L9Z` 4 Ob£'OL£'.b 848'L80'174 904'L06 62.17`961`£ 960'84£'Z £68'L£Z`£ ZZO`L60`Z 440`619 604'09 499'4Z L09`8174 99£'684 9611.91. - - - £60'Z94 b6Z`99 4 6817' 4 48'Z OZ£`Z 9££`£ZZ - L08'8017'£4 $ L66'9178 $ 6Z4'£96 -$ 9L6'000'Z $ Z0Z'9Z8'Z $ ££4`£02.'1. $ apls etod 941L+18 1 io ATuno0 AelleA L J .9Paed JRdJ a6e�iW s6upds wled Pase0 wled . otauea. AelleA ellayaeo0 oipul 2i51 y amseeN mei( to pun le seoueleq pund �ea�( jo 6uluul6eq le seoueleq pund luewisnfpe pound Loud samppuedxe (Jepun) JOAO senuenei Vouelogep) ssaox8 samllpuedxe lelol lsa�a�ul ledlouud :eovues:Aed sluawanadwl leuepe leuol6ej ifeino letldeo : uoneilslulwpe pue 6upeaui6u8 eoueualulew pue umnAsuoo :seirmpuedx8 senueneu lelol awooul ;sa�alul senueneJ Atop wei6ad lepepe leuol69._waj s;uawesmquije j swewasingwlei b' amsem :suoReoolle lewewuwano6Jalui :senuanaa 900Z `0£ eunr pepue aeeA alnpegos speob pue spe4s leool y einseew `d/N 391/1 391A1 3aW 3aW 391A1 `d/N ZLL17179'Z $ 99£'8£9'LZ $ £9017£6`1.Z $ 179£'ZLZ'£L $ LZL'86L`ZZ $ $ - $ - $ - $ - $ Z88'880`£Z $ 081.'Ebl`L $ L9Z'98£'Z $ 1.8£'ELO'9 $ Z99`9Z8'L $ 96t7'£91.'Z $ 699'£5£' L 680'999` L - V90'L00'6 t7L0'9£8 91.9`1.17£`Z 019'£ZO`£ £Lb'9£L 81..81/80171. $ .90L`106 $ 1.9Z`98£'Z $ 960`8L£`Z $ £68`L£Z`£: $ ZZO`LLO`Z Z88'880'£Z$ .08L'£bL'L $ 1.9Z'98£`Z $ ,1.8£'£L.O'9 $ Z99'9Z8'L $ .96b`£91.'Z $ 09 `£bl`L - (96£`0Z8'1.) - 9617`£91.'Z Z88`880'$Z LOL` 76Z'Z 82.0`Z99`9 ZLO'Z66`9 $ $ bb L'Z6 - $,' 969' LLZ' L $ b8L`LOV L $ jo Awnoo oy�ueaplsjanl�_ :Ae: a6enW s6uudg wled } asaa wled �y 1---- �— — i 1 7elleA eila4oeo0 J ..E.93Jalli Jed_l _ sIgOLLIGMS Ieloueuu 900Z, :aolnoS . sn�e�s aouelldwoo 30W matt jo pue sseox3 junowy Jeeit jo pue oimA eige4ed seloN wpm aeaA Aq seoueleq punj le}ol 8661. ZOOZ £OOZ b00Z 900Z 900Z :penleoei aeeA eoueleq pond wauodwoo seoueleq punj leLol pe;eupsepun 'pa/vasa-1141 998'9Z17 - doadde woo Jo sperwd aminyomoads aoi peleu6pea - - seouenpe Joj pemesa�l suoReudoidde 6uouguoo io} petuese - _ spefoid owoeds Joj pe uasab seoueiquinoue Joj pamesoN :seoueleq.punj}o swauodwoa,. - olpul. .900Z `0£ aunt pepue MG), ainpeuos speob pue emits lepo-1 y einseew • • • Measure A Local Streets and Roads Schedule Year Ended June 30, 2006 Note 1 Beaumont's 2005 and 2006 audits have not been completed by city's auditors. Note 2 Calimesa, Murrieta, and Temecula were incorporated subsequent to the 1989 Measure A. Therefore, the maintenance of effort requirement is not applicable to these cities. Summary of Observations and Findings 1 Coachella Measure A revenues includes amounts not paid in FY 2005 due to not submitting required documentation (MOE certification and 5 Year CIP). 2 Calimesa, Murrieta, Norco, and Coachella have accumulated more than three years of revenue In fund balance. 3 Norco and San Jacinto have unexpended investments from 1997 bonds Issued by RCTC for local projects. Norco has requested balance of its funds ($389,640) for reimbursement of Yuma -related ROW acquisition; reimbursement pending RCTC approval of amended 5 Year CIP at 2/14/07 Commission meeting. San Jacinto funds of $586,410 are to be expended for Ramona Expressway rehabilitation projects, Lyon Avenue widening, and various street improvement projects. Measure A LSR Comments 1 2/28/2007 13 • AGENDA ITEM 7B • • RIVERS/DE COUNTY TRANSPORTATION COMM/SS/ON DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Theresia Trevino, Chief Financial Officer THROUGH: Eric Haley, Executive Director SUBJECT: Quarterly Investment Report BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to receive and file the Quarterly Investment Report for the quarter ended December 31, 2006. BACKGROUND INFORMATION: Attached are the quarterly investment and cash flow reports as required by state law and Commission policy. The County's investment report for the month ended December 31, 2006 is also attached for review. Attachments: 1) Quarterly Investment Report for the Quarter Ended December 31, 2006 2) County of Riverside Investment Report for the Month Ended December 31, 2006 Agenda Item 76 14 • • POMeble Inve Ulna.< TYP. Statement of Compliance All of the above investments and any investment decisions made for the quarter ended December 31, 2006 were in full compliance with the Commission's investment policy as adopted on March 8, 2006. The Commission has adequate cash flows for six months of operations. Signed by Chief Financial Officer 15 • ;§ /; , • ] ...,.;■,#r@- nnotmw § § \\ii\\\\ƒ §!§!! \,•,§|ni !!!!!!§ „ Hai §)§§|§§§§ „4!!■,,,,,,,,°l E2RR##R§ [[§§§,§§](§§§§| " i!!!!!!!1!!M \.§\\\\o1 ] •�•�!a (§�f.` ! |!! !!||..! ,! |f| 10..3z . ! , !<,. (1) Imesimoni WO)oANo to npoMOoo o bon nwMOY by lnM•I«pod( • • • County Administrative Center 4080 Lemon Street, 4th Floor - Capital Markets Riverside, CA 92502-2205 capitalmarkets@co.riverside.ca.us www.countytreasurer.org (951) 955-3967 17 • • • Investment Objectives • Safety of Principal • Liquidity • Public Trust • Maximum Rate of Return County Administrative Center "Janus -= Past & Future" In ancient Roman mythology, Janus, depicted with two faces looking in opposite directions, was known as the god of doors and doorways, beginnings and endings. He was frequently used to symbolize change and transitions such as the progression of past to future. Looking back on 2096, it was a very busy year both economically and politically, here and abroad. Looking forward, the challenges that lie before us will inevitably keep us guessing as to what'sin store for investors in 2007. January began with the heavily -anticipated change of power at the U.S. Federal. Reserve; Alan Greenspan ceded control as chairman to new Fed -head Ben Bemanke. Thus far,, it seems as if he has been a good choice judging by a lack.of havoc that. could have followed in the financial mar-, kets. .The'Fed raised rates .an additional 100 bps: throughout the year to end up at 5.25%, the highest to five years. With the treasury yield curve now in its sixth month of inversion and showing, no signs of ' change, we either face an imminent rate cut by the Fed, or, lower yields out on the X axis are just something investors need to become accustomed to. Core inflation had been the culprit of rate - increases, which finally peaked in September when CPI hit 2.9%, eventually pulling back to 2.6%. Still well above the Fed's 2% comfort range, increases in CPI were largely fueled by record oil prices reaching a lofty $81± a barrel in July. 2006 also brought about some, significant .milestones for Riverside County as well. to April, the County of Riverside received -an upgrade in its credit rating by the Standard 8 Poor's rating agency, moving from AA- to AA. The triple.A rated Treasurers Pooled Investment Fund also hit a new high point in 2006 by surpassing $5 billion, a new record. Another double digit increase in the assessed value of the County over the previous year as well as record tax collections of over $2.5 billion (with • close to 43,000 new parcels added to the roll) has fueled this phenomenal growth. What do the "tea leaves" have in store for investors in 2007? We should see softer economic growth in 2007; presumably, lower interest rates could help to diminish the effects of the real estate ' bubble, although inverted yield curves have preceded recessions about 60% of the time. Personal incomes are up 5.9% on a year. over year basis and consumers still seem to be spending, as evi- denced by the holiday shopping season. The economy has even absorbed the highest energy prices in history and it seems thus far to be pretty:resilient. We motim the passing of our 38'" President Gerald R. Ford, a long time resident of Riverside County, who passed away on December 26, 2006. President.Ford also served as Vice President, a United States Congressman as well a Lieutenant Commander ih the U.S. Navy. He is remembered Most as a man that brought much needed healing to a nation divided over the war in Vietnam and the Watergate scandal. •`��� Paul McDonnell Durable Goods Orders -for December22nd 1.9% actual vs.1.3%survey Gross Domestic Product (GDP) -for Decem- ber 21st 2.0% actual vs. 2.2% survey Consumer Confidence-- Index- December 28th -109.0 actual vs. 102.0 survey Factory Orders-January4th .9% actual vs. 1.5% survey Employment Situation- for January5th Unemployment4.5% actual vs. 4.5%survey Nonfarm payrolls M/M change 167,000 actual vs. 100,000 survey Consumer Price Index-: for December 15th .0% actual vs..2% survey; core CPI.0% actual vs..2% survey At month's end, the Fed Funds rate was 5.25%, with an inflation risk bias. The 2 year T-Note was yielding 4.82% (up 20 bps.) while the 10,year T-Note was yielding 4.71% (up 25 bps.) For November the Pool had an increase of 5 bps. in the average monthly yield. Portfolio Statistics Nbnth-End Book Value <Nbnth-End Market Value' Paper Gain or I Percent of Paper Garet or Loss_ Yield Based Upon Book Value � j Weighted Average Maturlly (Yrs) 1Nbdified Duration ;Market values do not include accrued interest December $ 4;973,386,716 $ 4,967,698,616 November October $ 4,080,915,202 £ $ • (5,688,099)1 $ 5.01i 0.78 0.73 4,033,662,823 1 $ 4;078,187,050 t $ 4,028,318,358 $ (2,728,152) $ (5,344,465) $ -0.07%i-0.13%1 - 4.911 4.881 0.861 0.911 0.671 0.721 September _._ 3;927,455,049 3,920,848;539 (6,606,510) -0.17% 4.81 August July $ 3,981,391,001 ' $ 3,979,186,794 $ 3,971,398,936' $ 3,965,054;247.1 (9,992,065)1 $ (14,132,547) -0.25% 0.36% • 0.88 0.70) 4.75n 0.85 0.72 4.65 0.83 0.75 THE RIVERSIDE COUNTYTREASURER'S POOLED INVESTMENT FUND IS CURRENTLY RATED: Aaa/MR1 BY MOODY'S INVESTOR SERVICES AAA/V1+ BY FITCH RATINGS 18 CREDIT QUALITY Market Value - Federal Agency AAA 2,671,571,391 157, 942, 748 A-1 / P-1 or better 2,074,469,567 . N/R 63, 715, 000 TOta 1 Portfolio Characteristics SECTOR Market Value Federal Agency Cash Equivalent & MM,F 101,000,000 2,671,571,301• Commercial Paper, 1,274,462,963 Negotiable CD's 800,006,605 Medium Term Notes 89,552,400 Municipal Bonds, Certificates of Deposit 8,390,348, 20,000,000 Local Agency .Obligation. 2,715,000 Total 4,967,698,616 Market Value 30days orLess 1,033,990,324.61- 30 - 9U Days 1,022,343,451.19 90 Days -1Year 1,445,351,612.65 744,073,055.40 697, 360,264.05 :30 days. 30 =:90 or. Less Days 12 Month Gross Yield Trends 4,967,698,616 2-3•° Over Years . . _; Years._ . * Treasurer's Institutional Money�Market Index (BMW is compiled and reported by the Riverside County Treasurer's'Capita► Markets division. It is a composite index derived from the average of three multi -billion dollar AAA rated Prime (funds that invest in a diversified pertfolio of U.S. dollar _ . denominated money market instruments including U.S. Treasuries, government agencies, bankers' acceptances, commercial paper, certificates of • deposits, repurchase agreements, etc.) portfolios that the Treasurer tracks. Further details available upon request a... Page 1 19 Market Data 12/29/06 11/30/06 DJIA . 1.2,463.20 12,221.93 S&P 500 • 1,418.3'0 • 1,409..12 NASDAQ 2,431.77 2,431.77. Crude Oil (barrel) .61.05 ' 63.13 Gold (ounce) 638.00 652.90 Prime Rate , 8.25% 8.25% 3-Month LIBOR 5.36% 5.38% Fed Fund Futures (for 01/07) 5.245% 5,245% • 12/29/06 11/30/06 Diff. . 3 M 5.02 • , 5.03 -:01 6 M 5.09 5.10 2Y 4.82 4:62 0, 10Y 4.71; . 4.46 .25 30 Y .;4:81 4.56 .25 • Treasurer's Pooled Investment Fund December 29, 2006 Month End Portfolio Holdings Report CUSIP PAR CASH - UBOC DEPOSIT ACCOUNT DESCRIPTION COUPON MATURITY BOOK VALUE' M. VALUE' GAIN/LOSS YLD MAT' M Dur ° Avg. Life' <ts ; 1,000,000.00 CLTR - CALTRUST SHORT TERM FUND ,„ 40,000,000.00 . CPD - COMMERCIAL PAPER - DISCOUNT ;�, 83365SN25 90485LN87 �s - 50,000,000.00 SOCIETE GENERALE Al+/P1 40,000,000.00 UNION BANK OF CA A1/P1/F1 ?r<'. 4507A3NB4 500006NJ5 89233HNK6 07389BNN7. 74433HNR1 17307SNX6 40410TPD2 50,000,000.00 IXIS CP Al+/P1 50,000,000.00 KOCH Al+/P1 E;£S '20,000,000.00 TOYOTA Al+/P1 50.000,000.00 BEAR STEARNS A1/P1 . a�.1.1'. 50,000,000.00 PRUDENTIAL FUNDING Al+/Pi 40,000,000.00 CITIGROUP Al+/Pt/F1+ On' ' , 50000,000.00 HBOS1REASURERAI+/Pl/F1+ ;e •43.' ' 85747KPE8 • 30,000,000.00 STATE STREET Al+/P1 90262DPU3 , 91411UO73 1667X1 OW9 41 74977L7LRB5 • 0556N1 SW4. 50,000,000.00 UBS FINANCE Al+/Pi f 5,000,000.00 w� 'k j� UNIVERSITY OF CALIFORNIA Al+/P ,t'tef, 50 000 000.00 CHEVRON FUNDING Al+/P1 25,000,000.00 RABOBANK Al+/P1 50,000,000.00 BNP PARIBAS Al+/P1 • 1,290,000,000.00 FFCB - FED FARM CREDIT BANK 31331SKJ1 •5,000,000.00 FED FARM CREDIT BANK2YrNc6Mo1X 31331SMY6 10,000,000.00 FED FARM CREDIT BANK2YrNccs3Mo 5,000,000.00 FED FARM CREDIT BANK2.25YrNc3M 31331SME0 31331SYD9 s 31331SYN7 31331VCV6 31331SR62 31331SMO3 31331SMN0 ;4xA k; 31331 SRM7 31331XCK6 31331SXB4 31331VLG9 � �.�,.. ,t.w? Y�c:RS��;.��z1 `•.°��£ ..n�a�.'?id.. k.�?�"f 5,000,000.00 �£a FED FARM CREDIT BANK2YrNc 5,000,000.00 FED FARM CREDIT BANK2YrNc 5,000,000.00 FED FARM CREDIT BANK1.75YrNc 10,000,000.00 FED FARM CREDIT BANK2YrNc3Mo 5,000,000.00 FED FARM CREDIT BANK2.5YrNc6Mo 5,000,000.00 FED FARM CREDIT BANK2.75YrNc9M ' •", 6,885,000.00 FED FARM CREDIT BANK2.92YrNC3M 5,000,000.00 FED FARM CREDIT BANK1.5YrNc3Mo ije 5,000,000.00 FED FARM CREDIT BANK3YrPIc3Mo 8.000,000.00 FED FARM CREDIT BANK 2.4-NC' 10.000,000.00 FED FARM CREDIT BANK3YrNc6Mo 5.000,000.00 FED FARM CREDIT BANK3YrNclYrIX 31331XCZ3 5,000,000.00 FED FARM CREDIT BANK3YrNclYrIX • FHLB - FED HOME LOAN BANK • 3133X5CO9 10,000,000.00 FED HOME LOAN BANK2.75YrNc6Mo 5,000,000.60 FED HOME LOAN BANK 2YrNclYr1X • Nit : y 5.28 01/02/2007 5.22 01/08/2007 5.27 01/11/2007 . 5.25 01/18/2007 5.18 01/19/2007 5.26 ' 01/220007 5.23 01/25/2007 ,,. xrRIX. r,,'r-` 5.24 01/31/2007 • 5.25 02/13/2007 1,000,000.00 4,2` 40,000,000.00 49,963,333.33 39,768,000.00 49,904 847.22 49,701,041.67 99.93 99.42 N �:r 99.81 . 1,000,000.00 u 40,000,000.00 49,963,333.33 39,768,000.00 49,904,847.22 99-40 49,701,041.67 M� 19,671,933.33 " 98.36 49,663,944.44 49.673,125.00 99.33 99.35 39,586.622.22 - 98.97 n� 49,300,000.00 5.25 02/14/2007 29,785,625.00 ��:i�. ,# €>i"sue"�• 5.22 02/28/2007 x 5.23 . 03/07/2007 5.19 03/30/2007 5.12 04/11/2007• 5.19 05/30/2007 a 3.27 01/12/2007 3.52 01/26/2007 3.63 04/19/2007 3.75 05/25/2007 3.82 06/01/2007- 4.45 ' 06/25/2007. 49,326,395.83 4,938,983.33 49,135,000.00 q:r7v`i M 24,331,555.56 48,890,986.11 1,273,505,761.11 98.60 9929 98.65 98.78 98.73 98.57 97.86 19,671,933.33 '49,663,944.44 "Th 49,673,125.00 a� 'f 39,586,62222 49.300,000.00 29,785,625.00 49,326,395.83 4,938,983.33 1' 49 367 000.00 24,641,250.00 48,931.000.00 �x 5,000,000.00 100.00 4,996,093.75 5.000.000.00 4,998,700.00 99.47 1,274,462,962.50 5,000,000.00 10,000,000.00 4,978.150.00 4,973 450.00 4,973.450.00 99.63 : 4,981,250.00 3. 4.18 07/20/2007 10,000,000.00 99.41 3.65 08/10/2007 3.76 11/09/2007 4.13 02/14/2008 5.22 05/02/2008 4.34 05/19/2008 5,000,090.00 5,000,000.00 99.06 98.72 6.885.000.00 98.84.. 4,997,800.00 99.78 5.000,000.00 98.91 5.25 11113/2009 01/05/2007 7,996,250.00 99.44 5,000,000.00 99.72 242,683,951.17 10,000,090.00 9,940,600.00 4,953.150.00 4,935;950.00 6.805.409.40 4:989.050.00 is 4,945,300.00 6,973,750.00 5.000,000.00 4.99 r 0.08 .0.09 5.39 0.08 5.28 0.09 0.01 0.01 . 5.25 0.02 5.28 0.03 5.28 0.03 0.04 y{ 0.05 0.05 - • 5.27 0.05 s 232,000.00 . 309,694.44 40,013.89 957,201.39 5.30 0:06 . 0.06 0.07 5.26 '.•0:07 . 0.07 5.30 , 0.08 . 0.09 .. 5.32 0.12 5.29 0.12 5#53Qs` r .. 5.29 0.17 qh, 5.30 5.28 0.18 0.25 5.26 " 0.28 0.13 0.13 . 0.17 0.19 0.25 0.28 - 5.30 0.41 0.42 5.28 0.14 0.14 3.27 0.04 0.04 3.52 0.07 0.08 21.850.00 3:63 0.30 0.30 22 643.75 26,550.00 3.79 0.40 3.82 .. 0.41 17;450.00 4.47 0.48 x51' .as 59,400.00 46,850.00 4.18 3.65 4z'.;1s1.:.. 0.54 0.59 64,050.00 3.70 0.84 79.590.60 ` -4.13 8,750.00 81,200.00 45,300.00 26,250.00 5.25 4.60 0.40 0.42- 0.49 0.56 0.61 016 1.07 1.13 ter 1.27 1.34 0.03 Treasurer's Pooled investment Fund December 29, 2006 Month End Portfolio Holdings Report. ' CUSIP 3133X9YE4 . 3133XDCL3 31339YKH4 3133X95VV6 3133X8BE1 3133X4HY0 3133XD3K5 PAR ' ... DESCRIPTION 5,000,000.00 FED HOME LOAN BANK2YrNc6MoSt 5,000,000.00 FED HOME LOAN BANK1.25Nc1Mo • 13,000,000.00 FED HOME LOAN 8ANK3.5YrNc3MoSt 2,400.000.00 FED HOME LOAN BANK2.25YrNc3Mo a 5,000,000.00 FED HOME LOAN BANK2.5YrNc6MoSt 8,215,000.00 FED HOME LOAN BANK3YrNc3MoSt .'G'„^v °�i,;,:#i#;,5:3 3.:9 f: � 3`:.^...�.,+Y'.A: �,t, s; :�i S`'#✓a....'4, ^ 5,000,000.00 FED HOME LOAN BANK1.5YrNc3Mo • COUPON MATURITY 5.00 01/12/2007 4.32 01/18/2007 4.00 01/30/2007 3.18 02/16/2007 4.00 03/09/2007 4.00 03/16/2007 4.29 03/23/2007 BOOK VALUE' 5,000,000.00 PRICE M. VALUE' 100.00 .. 5,000,000.00 100.00 12,9'35,937.50 2,39'3,625.00 99.97 99.98 5,000,000.00 100.00 8,215,000.00 100.00 5,000,000.00 100.00 5,000.000.00 5.000.000.00 12,995,937.50 2,399,625.00 5,000,000.00 8,215,000.00 ,5,000,000.00 GAIN/LOSS YLD N1AT1 3.60 M Dur. 0.04 4.32 0.05 :�aK• 2.71 0.08 3.18 ' 0.13 3.38 ; 2.98 0.19 011 4.29 0.23 Avg. Life2 r 0.04 0.05 0:09 0.13 0.19 ' 0.21 0.23 s 3133XB5Z4 ,z 3133XBBS3 . 10,000 000.00 FED. HOME LOAN BANK2YrNc6Mo1x 10,000,000.00 FED HOME LOAN BANK2YrNc1Mo 4.00 04/05/2007 4.08 04/09/2007 9 995,312.5D . 99.69 9,968,800.00 9.998,437.50 99.72 ' 9.971,900.00 26 512.50 4.02 26,537.50 4.09 0.26 0.27 0.27 0.28 #: `y • 5;. • z# 3133X8SJ2' 3133XAAS6 3133X6VD5 3133X6HS8 3133X6S56 5,000,000.00 FED HOME LOAN BANK 3YrNc1Mo c •1 £�#y£�E #��� �p�3 7,020,000.00 5,000,000.00 '��s ;.'i£,3;tE.�£4�•i `�:R`',"lj 3i�f^dfis�.:H'+'F' .,. FED HOME LOAN BANK 225YrNc3Mo FED HOME LOAN BANK 3YrNc3Mo1X 10 000,000.00 FED HOME LOAN BANK3YrNc3Mo 6,800,000.00 FED`HOME LOAN BANK3YrNc1Mo 3.26 z. 04/19/2007 3.60 04/27/2007 4,995,312.50 7 018,903.13 p z•:'��,.'„^:� ,,55 ....yyi�i 3,w .::'k' �(�HS�F EJRrR 3.19 3.25 04/30/2007 05/11/2007 3.47 05/18/2007 3133X9MZ0 3133XGDE1 , 3133XGGC2 . # 3133XGN42 5,000,000.00 FED HOME LOAN BANK2.5Yr14c6Mo i1 5,000,000.00 FED HOME LOAN BANK1YrNc s nrxA 10 000 000.00 FED HOME LOAN BANK1YrNc 5,000,000.00 FED HOME LOAN BANK 1Yr14c6Mo1X 4.00 06/15/2007 t' sEw' 5,000,000.00 R; 10 000,000.00 6.800,000.00 5,000.000.00 99.44 99.50 99.38 99.34 l nC '... 99.38 99.47 wtf'•�if'.Y,Yf.?:,..�"e �68'3`�Q•+!1#,2^5{F �' ``•:i 5.50 07/20/2007 5.38 08/01/2007 5.50 08/21/2007 1: 3.4 3133XC000 5 000,000.00 FED HOME LOAN BANK 2YrNc3Mo' 4.50 08/23/2007 4,998.300.00 100.13 10,000,000.00 100.06 5,000,000.00 23,412.50 a� 3.30 34,003.13 .3.61 (31,250.00 65 600.00 3.19. ' 3.25 42,500.00 53.47 0.30 0.32 0.33 0.36 0.30 0.33 0.33 0.36 0.38 0.38 26,550.00 3.59 OAS N..: 0.46' 7.950.00 5.54 0.53 4156 6 300.00 5.37 .r 0.56 0.59 4,971,900.00 6.984.900.00 ' 4,968,750.00 9 934,400.00 6,757,500.00 M 4,973,450.00 5,006,2,50.00 • 10 006,300.00 5,001.550.00 • 3133XGNM2 3133XERL5 ' 3133XCY31 5 000,000.00 FED.HOME LOAN BANK1YrNc6m01X 6 1'k; d��,.�i }.^%i��s'9k"li a,`•�„' .:.�;.;}Nib -5,000,000.00 FED HOME LOAN BANK1.5YrNc3Mo '�fiif dscM�' 5,000,000.00 FED HOME LOAN BANK2YrNc1Yr1X 5.38 08/28/2007 1: 5.04 09/06/2007 4.38 09/14/2007 5,000,000.00 100.00 5,000.000.00 5.000.000.00 99.81 99.41 5,000,000.00 4,990,650.00 " 4.970,300.00 5.38 0.63 0:66 9,350.00 5.04 0.66 29,700.00 0.69 4.38 ' 0.68 .0.71 3133XAY27, 3133XBBK0 3133XDGC9 3133XDGC9 3133XBFK6 10.000.000.00 10,000,000.00 FED HOME LOAN BANK2.5YrNc1Yr FED HOME LOAN BANK2.5YM1c3Mo 5,000.000.00 FED, HOME LOAN BANK2YrNc1YrIX 5,000,000.00 FED HOME LOAN BANK2YrNc1Yr1X ,<y 5,000,000.00 FED HOME LOAN BANK2.5YrNc6Mo 4.00 09/24/2007 4.25 ,09/28/2007 4.50 . 10/12/2007 4.5010/12/2007 4.50 10/19/2007 10,000,000.00 10,000,000.00 4,996.093.75 99:13 r< 9928 9,912,500.00 i, 9.928100.00 99.44 ° ; • '. 4,971,900.00 5,000,000.00 ' 99.44 4,971,900.00 5,000,000.00 99.41 4,970.300.00 87,500.00 71 900.00 4.00 4.25 24,193.75 ' 4.54 0.71 0.72 0.76 0.74 0.75 0.79 ' 28,100.00 4.50 0.76 • . 0.79 29,700.00 4.50 0.78 ' 0.81 3133XBM44 3133XCJS3 3133XD2D2 3133XGNT7 3133XBVA0 3133XAYA9 5,000,000.00 FED HOME LOAN BANK 2.5YrNc3Mo 5,000,000.00 FED HOME LOAN BANK 2.25Nc6Mo .5,000,000.00 FED HOME LOAN BANK225Nc3Mo 6,455,000.00' FEDHOME LOAN BANK125YrNc6Mo1X 5,000,000.00 FED'HOME LOAN BANK 2.5YM1c6Mo • , 5,000,000.00 FED HOME LOAN BANK225YrNc1Yr1 10,000,000.00 FED HOME LOAN BANK 3YrNc3Mo 5,000,000.00 FED HOME LOAN BANK2.25YrNc3Mo 10 000,000.00 FED HOME LOANBANK3YrNc3Mo 4.35 10/29/2007 • 4.30 11/09/2007 ' 4.42 11/16/2007 5.38 11/28/2007 ,,3.Y 4.26 12/07/2007 5 000,000.00 5,000,000.00 99.28 4,964.050.00 I. 9922 • .4,960,950.00 4,996,875.00 . 99.31 :' ' 1' 4 965,650.00 6,455,000.00 ' 35,950.00. 4.35 ...`r'€`'. . 0.81 39,050.00 4.30 0.83 i ,:.. 31,225.00 4.45 • 0.83 0.86 0.85 . 0.88 • 99.91- 6,448.932.30 " . ' 6,067.70 _ 5.38 , 0.88 , 0.92 <i • 5.000,000_00 '• 99.13 L. '. 10,000,000.00 4,991,40625 10,000,000.00 5 000,000.00 10000000.00 98.88 99.09 98.66 ' 4,956,250.00 9,887,500.00 4,954,700.00 • 43,750.00 36,706.25 17,200.00 �a 4.26 0.91 4.05 1.16 0.94 1.17 5,000,000.00 FED HOME LOAN BANK 3YrNc1Yr1X 5,000,000.00 FED F1OME LOAN BANK1.75YNc1Yr1X 10 000 000.00 FED HOME LOAN'BANK1 5YNc1MBerm 10 000,000.00 FED HOME LOAN BANK2YrNc6Mo1X 5,000,000.00 FED. HOME LOAN BANK3YrNc6Mo 10,000,000.00 FED HOME LoAN BANK2.5YeNclyr1X • 5,000.000.00 4,965,650.00 4,945,300.00 9,971,900.00 Treasurer's Pooled Investment Fund December 29, 2006 Month End Portfolio Holdings Report CUSIP PAR 3133XCJ46 •fps 3133XGH49 • ;a•t? 3133XCS61 3133XCYK3 3133XGUJ1 n 3133XBXT7 3133XGFP4 DESCRIPTION 5,000,000.00 FED HOME LOAN BANK3YrNc1Yr1X 5,000,000.00 hSa( gyp= s4 ;ie' FED HOME LOAN BANK 2-NC 5,000,000.00 FED HOME LOAN BANK3YrNc6Mo e7 5,000.000.0D , FED HOME LOAN 13ANK3YrNc6Mo 5,000,000.00 FED HOME LOAN BANK 2YrNc6Mo N:x:x Y. 5,000,000.00 FED HOME LOAN BANK 3.5YrNc1Yr 5,000,000.00FED HOME LOAN BANK2.5YrNc1Yr1X 3133XFZW9 5,000,000.00 FED HOME LOAN BANK3YrNc1YrD( 3133XFZY5 10,000,000.00 FED•HOME LOAN BANK3YrNc2Yr1X 3133XGBF0 3133XGNF7 3133XGNJ9 S 3133XH3F7 3133XH2M3 3133XHFA5 3133XHFA5 3133XHE57 0 3133XHFA5 '€ i:1/4 3133XHMV1 3133XHNL2 3133XHHN5 3133XHNX6 • 3133XJ2E7 x.. 5,000,000.00 FED HOME LOAN BANK 3-NC21X 10,000,000.00 FED HOME LOAN BANK3YrNc2Yr1X k 5,000 000.00 FED HOME LOAN BANK 3YrNc 5,000,000.00 FED HOME, LOAN BANK3YrNc1.5Yr1X t';i. b;El7f};i 5,000,000.00 FED HOME LOAN BANK3YrNc1.5Yr1X 10,000,000.00 5,000,000.00 FED HOME BANK 3YrNc2Yr1X FED HOME LOAN BANK 3YrNc2Yr1X S f", 30 000 000.00 FED HOME LOAN BANK 3YrNc3Mo1X 5,000,000.00 FED HOME LOAN BANK 3YrNc2Yr1X a:. 5,000,000.00 FED HOME LOAN BANK3YrNc2Yr IX 5,000,000.00 FED HOME LOAN BANK3YrNc2Yr1X 5,000;000.00 FED. HOME LOAN BANK3YrNc6Mo M 5,000,000.00 FED HOME LOAN BANK3YrNc6MoBerm 30,000,000.00 FED HOME LOAN BANK 3YrNc1Mo 977,005,000.00 FHLC - FHLB - MORTG. CERT. 3128X33N1 3128x4ce9 3128X4AR2 3128X4GM7 3128X4HC17 3128X2Z134 10,000,000.00 FHLB - MORTG. CERT2YrNc6Mo F^ f?;+ 5,000,000.00 'FHLB - MORTG. CERT.1.75YrNc 5,000 000.00 FHLB - MORTG. CERT.1.75YrNc3Mo 5,000,000.00 FHLB - MORTG. CERT.1.5YrNc6Mo 5,000,000.00 FHLB - MORTG. CERT.1.5YrNc 10,000,000.00 FHLB - MORTG. CERT.3YrNc1Yr1XS SizatairriWt 15,000,000.00 10,000,000.00 FHLB - MORTG. CERT.2YrNc1Yr 5,000,000.00 FHLB - MORTG. CERT.2YrNc6Mo 5,000,000.00 FHLB - MORTG. CERT.2YrNc1Yr 5,000,000.00 FHLB - MORTG. CERT.2YrNc6Mo 5,000,000.00 FHLB -mofrraceRT2yrNcsmoix Pz;4.7' COUPON MATURITY BOOK VALUE' 4.40 07/28/2008 1 5,000,000.00 PRICE M. VALUE' 98.97 4,948,450.00 YLD Avg. GAIN/Ly�O^eS'SS,Sq MIA^T' M Dur,° Life' .. <i BED&:8 rfil.PME::0£txr�'�rV,"{tc'S.t•, `r�'.`=`•'9i..";i;F,t'$i,r 5.13 08/08/2008 4,989,100.00 4.75 08/15/2008 4.69 09/09/2008 5.35 09/26/2008 4,997,500.00 4,998,437.50 100.06 99.19 99.19 4,999,050.00 99.81 4.25 12/01/2008 5,000,000.00 zwt,�£'� 5.63 02/23/2009 98.56 5,003,150.00 4.959.400.00 4.959,400.00 4,990,650.00 4,928,150.00 5,000,000.00 100.13 5,006,250.00 51,550.00 4.40 1.48 1.58 14,050.00 5.24 1.50 ,1.61 38,100.00 4.77 • 1.52 1.63 • 39,037.50 4.70 1.59 ' • 1.70 • 8,400.00 5.36 1.62 1.75 71,850.00 4.25 1.82 1.93 6,250.00 5.63 1.96 2.16 .. .......: ... r.�,....,...--ni-a.�n'n'is��.;::i\'<:.:Y.f'Y^".'•J,::.�..':"J'i':xn1:9iA'.�F:.�,.•-'•5'i. •.�•L 't':.,.,n,..^:,ci,; ;..::,_ r...h:: 5.75 07/06/2009 5.000,000.00 " 100.19 5,009,400.00 9,400.00 5.75 2.25 2.52 5.59 07/14/2009 .10,000,000.00 100.53 :10,053,100.00 53,100.00. 5.59 2.28 2.54 5.63 07/21/2009 5.33 09/08/2009 5.00 09/18/2009 5,000,000.00 43, £5p 100.59 10,000,000.00 100.19 4,989,200.00. '%�.,' ;:hb'"fk. ;�4: s3' itiv:�8.Pw'�^.`3;r"^c'; s',�•XL'..s 5.32 09/28/2009 5,000,000.00 5.30 09/28/2009 5,000,000.00 5.00 ..10/16/2009 9,990.000.00 5.00 10/16/20(19 5.52 10/16/2009 5,000,000.00 30,000,000.00 , 5.00 10/16/2009 5.20 10/30/2009 5.25 11/03/20(19 4,9138,300.00 5 000,000.00 5,000,000.00 5.50 11/03/2009 4,999,218.75 5.60 11/18/2009 s 5.32 3.55 3.63 12/21/2009 02/01/2007 02/15/2007 4.01 02/16/2007 z" 5,000,000.00 30,000,000.00 976,733,261.82 10,000,000.00 6n "' . 4,994,750.00 5.029.700.00 ' 10,018,800.00 29,700.00 18,800.00 5.63 2.30 5.33 • 2.44 100.16 5,007,800.00 18,600.00 5.08 `'£`-�.•-',i- .;��Sa4;rXt' .,..� 99.88 4,993,750.00 2.48 2.56 2.70 2.72 4,700.00 5.32 6,250.00 5.30 2.49 2.75 99.59 9,959,400.00 30,600.00 5.04 2.56. , 2.80 99_59 4,979,700.00 . 20,300.00 xik �,,e$e':444.f�i�0: dal 99.88 29.962,500.00 9959 100.00 100.09 99.84 99.94 ^ 99.59 100.00 4,979,700.00 - kF 5,000,000.00 5,004,700.00 4 4,992,200.00 4,996,900.00 Y 29,878,200.00 • 37,500.00 5.00 k,.. . 2.56 5.52 2.53 2.80 2.80, 8,600.00 -5.09 " 2.55. 2.80 4,700.00 7,018.75 3,100.00 121,800.00 5.20 5.25 5.51 5.60 5.32 2.59 _F s 2.84 2.59 - 2.85 2.58 2.62 2.72 2.85 2.89 2.98 973,402,470.32 (3,330,791.50) 4.60 1,28 1.39 10 000 000.00 4,994.750.00 5 000 000.00 100.00 5,000.000.00' 'e '°i v3 " K � �i3k•Fir:' f•�. 4.21 4.25 02/22/2007 02/28/2007 A's 4 3.35 03/02/2007 5.25 05/04/2007 5,000,000.00 m:s 100.00 5,000,000.00 100.00 10,000,000.00 100.00 10,000,000.00 5,000,000.00 99.69 10,000,000.00 100.03 _15,000,000.00 100.00 5,000,000.00 99.98 5,000,000.00 99.35 5,000,000.00 5,000 000.00 5,000,000.00 99.26 99.42 99.82 5,000 000.00 99 57 5,000,000.00 5,000,000.00 5.000 000.00 10,000,000.00 9,945,000.00 • 55,000.00 2,900.00 43,252.00 28,900.00 21,450.00 3.55 3.69 4.01 4.21' 4.25 0.09 C 0.13 0.13 0.14 0.09 0.13 0.13 0.15 0.17 0.17 • 2.89 0.17 2.49 4.12 4.40 4.00 0.34 0.17 0.35 0.62 0.72 0.75 Treasurer's Pooled Investment Fund December 29, 2006 Month End PortfolioHoldings Report CUSIP PAR DESCRIPTION F COUPON MATURITY BOOK VALUE' yy+zhr PRICE M. VALUE' GAIN/LOSS YLD Avg. MAT' M Dur.' Life' 3128X4PK1 3128X4UK5 SKit 3128X4XW6- 3128X4Y88 3128X4079 3128X36H1 3128X4R52 3128X42D2 3128X4AJ0 3128X42E0 5,000,000.00 • FHLB - MORTG CERT.214c6Mo 5,000 000.00 FHLB' MORTG: CERT2YrNc6Mo 10,000,000.00 'FHLB - MORTG. CERT2YrNc6Mo1X f s%"t�i f'fi xr';r -5,000 000.00 FHLB -MORTG CERT.1 75-NC3M0 .P° J#£lfx5z fiY � 5,000,000.00 ' FHLB - MORTG. CERT2YrNclYr1X 10,000,000.00 FHLB = MORTG. CERT.3YrNc6Mo 10,000,000.00 FHLB - MORTG. CERT2YrNciYr1X 10,000,000.00 .FHLB - MORTG. CERT2.1YrNc6Mo 5,000,000.00 FHLB -.MORTG. CERT.3YrNc3MoSte 10 000,000.00 FHLB - MORTG CERT2:1YrNc6Mo 3128X5RM2 30,000,000.00 FHLB - MORTG. CERT. 2YrNc1Mo1X 3128X4VS7 3128X4DW8 10,000 000.00 x. . aA FHLB - MORTG. CERT.2.5YrNc6Mo1 5,000,000.00 FHLB - MORTG. CERT.3YrNc6MoSte 4.75 10/192007 5.00 12/435/2007 5.00 01/18/200E1 is th? 5.30 01/31/2008 5.10 03/14/2008 4.18 03/28/2008 5.15 . 03/28/2008 5.34 05/07/2008 5.00 05/16/2008 5.35 05/22/2008 5.50 06/12/2008 5.00 4.50 06/162008 07/112008 5.000,000.00 5,000,000.00 10,000,000.00 99.69 . ' 4.984,550.00 99.72 99.78 5 000,000.00 . 99.91 4,995.300.00 10.000,000.00 99.85 98.83 10,000,000.00 99.90 10,000,000.00 5,000,000.00 10,000,000.00 4.985,800.00 9,978,300.00 4,995 550.00 4,992,300.00 9.882,700.00 9,989,800.00 99.87 ; 9,986 700.00 99.93 99.87 30,000.000.00 100.04 10,000,0(30.00 5,000,000..�00 5.000,000.00 3128X4HK0 3128X4G54 3128X5MP0 g4t7'7: 3128X4YU9 i33,33::;1r y' 3128X4C90 5,000,000.00 FHLB :MORTG CERT.3YrNc1Yr1X 10,000,000.00 FHLB - MORTG. CERT.2.5YrNc6Mo1 10,000 000.00 FHLB - MORTG CERT. 2YrNc1Yr1X 5 000,000.00 :FHLB - MORTG: CERT.3YrNc1Yr1X r t 0 15,000,000.00 FHLB 'MORTG. CERT.3YrNc6Mo1X . 4.63 08/152008 5.05 08Y12/2008 5.25 11/072008 5.00 01/30/2009 5.05 102/23/2009 10,000,000.00 t3 99.87 98.86 99.32 99.98 10 000.000.00 - 99.85 5,000,000.00 99.97 14 995 500.00 100.09 4,996,500.00 . 9,987,200.00 30,003,000.00 9,987,200.00 4,942,900.00 4.966,000.00 9,997,500.00 ' 9.985.200.00 4 998,600.00 15.012,750.00 15,450.00 4.60 14,200.00 - 5.00 21,700.00 4,450.00 3,000.00 117,300.00 10,200.00 13,300.00 i 3.500.00 12,800.00 .3,000.00 12,800.00 v1.4. 57,100 00 34,000.00 7l'82§k£ 2,500.00 14,800.00 0.78 0.90 0.81 0.93 • Fa 5.00 0.99 ' 1.05. 5.30 1.02 5.15 a 1.14 1.09 • 1.21 4.18 1.19 1.25 5.15 1.18 5.34 , 1.28 4.86 1.31 5.35 1.32 5.50 1.38 5.00 1.39 4.67 1.43 :1.25 1.36 1.38, ' 1,40 1.45 .yy 1.47 1.53 4.63 `1.53. 1.63 •5.05 • 1.54 5.25 1400.00 5.00 t Y A? 1.73 1.92 17,250.00 5.06 . ` 1.98 ' 1.65 ' 1.86 2.09 • 2.16 „^ o-: x 3128X4G70 3128X5RG5 • 3128X5MS4 3128X5TU2 10,000,000.00 FHLB - MORTG. CERT.3YrNc2YrIX �7 Via: • 10,000000.00 'FHLB'MORTG.'CERT3YrNc1Yr8erm 10,000,000.00 FHLB - MORTG. CERT.3YrNc2Yr1X 10.000,000.00 FHLB-,MORTG CERT.3YrNc1.5Yr1X �t ?, 4sr..;ig 3128x5w7 10,000,000.00 •FHLB=MORTG.CERT.3YrNc1Yr 639,6115,000.00 " FNMA - FED NAT MORTG ASSOC. 5.02 0227/2009 5.10 06262009 g >: !z•z 5.11 11/032009 5.05 12/182009 10 000,000.00 10,000,000.00 10 000 000.00 10,000,000.00 5.05 . 1229/2009 10,000,000.00 639,565,573.88 99.40 99.54 99.84 99.53 9,939,500.00 l.> y 9,953.800.00 9 984,000.00 9,953,200.00 60,500.00 . 5.02 1.99 _ 2.17 46.200.00 16 000.00 46,800.00) • v3,, 5.10 2.31 5.11 5.05 2.60 2.72 2.49 2:85 2.97 99.75 ;, 9,974,700.00 (25,300.00) ' 5.05 ' 2.75 3.00 638,081,661.10 (1,483,912.78) 4.74 1.08 1.16 nJ.i4d°i3sai f; 31359MYE7 • 31359MG98 V 31359MJ20 31359MK51 3136F7LT2 " 31359M2K2 r 31359MP56 . 3136F7PE1 F 31359ME66 3 3136F7FE2 J< 5,000 000.00 FED NAT MORTG ASSOC.2YrNc1Yr1X 5,000,000.00 'FED NAT MORTG ASSOC.1.5YrNc3Mo Yd 5,000,000.00' FED NAT,MORTG ASSOC .1.5Yrt4c 5,000,000.00 FED NAT MORTG ASSOC.1.5YrNc6Mo 5,000,000.00 FED NAT MORTG ASSOC2YrNc3Mo 5,000,000.00 FED NAT MORTG ASSOC.2YrNc1Yr1X 9j 2is"s;� 5,000,000.00 FED NAT MORTG ASSOC.1.5YrNc 4.15 '07/132007 5.05 08/09/2007 4.88 ` 08/272007 ",fir,=,;:.` 5,000,000.00 , 5,000,000.00 99.44. • k 4,971,900.00 99.84 4,992,200.00 4 980 998.94 .. 99.75 ' ' . . i 4 987,500.00 ". 5.20 09282007 5.000,000.00 • 99.97 ' 4,998.450.00 4.75' , •,1025/2007 4.90-112132007 525 ^ 12/032007 5,000,000.00 5.000,000.00 99.56 ' I •4 978.150.00 ;5A 99.69 . L 4,984,400.00 Y, . 4.996250.00 ' .100.00 I 5,000,000.00 28,100.00 4.15 0.52 t 7,800.00 5.05 .0.58 6,501.06 . 5.27 - 0.63 1,550.00 .5.20 • 0.72 b." 2';•y 21,850.00 4.75 ' 0.79 15,600.00 3,750.00" 4.90 c, 0.88 r=.'.. .• 5.30 ' 0.89 0.54 0.61 • 0.66 0.75 0.82 0.92 0.93 4 i�3 •, 5,000,000.00 FED NAT MORTG ASSOC.2YrNc1Yr1X 5 000,000.00 FED NAT MORTG ASSOC.2YrNc1Yr1X 10 000 000.00 FED NAT MORTG ASSOC .2.5YrNc1Yr 31359MF65 5,000,000.00 FED NAT MORTG ASSOC.2YrNc1Yr1X 4.88 12/28/2007 4.88 01/112008 r 4.30 , 01282008 4.75 02/012008 5,000,000.00 99.66 5,000,000.00 10 000,000.00 ;s 5,000,000.00 99.66 4,982,800.00 4,982,800.00 99.06 9,906,300.00 99.50 4,975,000.00 17,200.00 4.88 0.96 -1.00 17,200.00 4.88 �t t 0.97 93,700.00 4.30 1.03 25.000.00 4.75 1.03 1.04 ' 1.08 ' 1.09 31359MU92'' 31359MG49 4,4 5,000 000.00 FED NAT MORTG ASSOC 1.5YrNc 10,000,000.00 'FED NAT MORTG ASSOC2YrNc1Yr1X 10,000,000.00 FED NAT MORTG ASSOC.2.25YrNc6M 5.40 02/012008 5.00 02272008 4.30 05/05/2008 4.92-05/162008 5 021.900.00 '' 100.19 10 000.000.00 10,000,000.00 99.75 99.72 5 009,400.00 9,975,000.00 7 910 093.10 9,971,900.00 12 500.00 25,000.00 9�f E�7'yiv>. 28,100.00 5.05 ' 1.02 1.09' 5.00 1.10 1.16 5.07 1.38 15,000,000.00 FED NAT MORTG ASSOC.2YrNc1YrIX 23 5,000,000.00 10022 5,010,950.00 10,950.00 5.70 • • • Treasurer's Pooled Investment Fund December 29, 2006 Month End Portfolio Holdings Report CUS1P 31359M2G7 3136F7M38 _ 31359ME74 31359MF24 a� 3136f7sx6 31359MJ79 3136F7XS1 3136F7E37 x�. 3136F7N45 3136F7S99 PAR DESCRIPTION COUPON 5,000,000.00 FED NAT MORTG ASSOC.2YrNc1YrIX �.1,•LSSS.9a�iJa'F��ri �: �'� dabs 10,000,000.00 FED NAT MORTG ASSOC.2.5YrNc6Mo 5,000,000.00 , FED NAT MORTG ASSOC.3YrNc1Yr1X ;1$#nawi• tiYa1?* 5,000,000.00 FED NAT MORTG ASSOC.3YrNc6Mo �d 5,000,000.00 FED NAT MORTG ASSOC.3-Nc3mo 5,000,000.00 FED NAT MORTG ASSOC.3YrNc1Yr1X 5,000,000.00 FED NAT MORTG ASSOC.3YrNc6Mo r r�r `g a• �: 5,000,000.00 FED NAT MORTG ASSOC.3YrNc1Yr1X 10,000,000.00 FED NAT MORTG ASSOC.3YrNc6Mo1X 15,000,000.00 FED NAT MORTG ASSOC.3YrNc2Yr1X .%i9°R. �Sx. c:�:+:�s°o.^•rr�:i�ii.'3 ;�#A#xi 4:;yH � s 3136F72R7 31359M2A0 3136F77F8 ,t•n Nai' 3136F8AB1 3133XJBM9 31359M2M4 3136F8BG9 31359M2U6 . ��iv�bssc 3136F8BZ7 v. 5,000,000.00 FED NAT MORTG ASSOC 3YrNc2Yr1X r...,. 5,000,000.00 FED NAT MORT ASSOC3YrNc1.5YriX a i :x4 5,000,000.00 FED NAT MORTG ASSOC.3YrNc3Mo 5,000,000.00 FED NAT MORT ASSOC3YrNc1YrBem1 ;r{ 10 000 000.00 .FED NAT MORT ASSOC3YrNc1.5YrIX a; 5,000,000.00 FED NAT MORTG ASSOC.3YrNc1Yr1X 5,000,000.00 FED NAT MORTG ASSOC 3YrNc1YrBe 5,000,000.00 FED NAT MORTG ASSOC 3YrNc1Yr1X 5,000,000.00 FED NAT MORTG ASSOC 3YNc1YBerm w� 3136F8AM7 2,950,000.00 FED NAT MORT ASSOC3.5YrNc9MBer 536,750,000.00 FNMD - FNMA DISCOUNT NOTES iM; 313588AS4 313588AS4 4,750,000.00 FNMA DISCOUNT NOTES �s 25,000,000.00 'ro aIe• fZi.re 313588FP5 Tart `., a. FNMA DISCOUNT NOTES FNMA DISCOUNT NOTES Al+/P1/F1+ 313588HC2 50,000,000.00 25,000,000.00 FNMA DISCOUNT NOTES 221,390,000.00 FRMC - FEDERAL HOME LOAN MORG CORP DI .$ , 313396FC11 • 25,000,000.00 FEDERAL HOME LOAN MORG CORP DI 68,000,000.00 LAO - LOCAL AGENCY OBLIGATIONS a ` . 935,000.00 MARCH-JPA 2,715,000.00 60,000,000.00 5,000,000.00 GE CAP CORP Aaa/AAA/AAA 10,000,000.00 MINA GLOBAL FDG Aaa/AAA/AAA 90,000,000.00 MUNI - MUNICIPAL BONDS 8,455,000.00 GE CAP CORP Aaa/AAA/AAA MATURITY . 5.25 11/20/2008 5.81 01/05/2009 5.00 01/23/2009 5.08 01/27/2009 BOOK VALUE' 5,001,900.00 • aj Ys#a^5 • t;2 PRICE 99.84 10,000,000.00 100.00 5,000,000.00 4,997,250.00 5.25 02/17/2009 5,000,000.00 5.30 03/20/2009 5.000,000.00 5.50 04/20/2009 4,996,875.00 5.63 06/29/2009 5.80 07/10/2009 5.40 08/26/2009 99.94 99.56 99.69 M.VALUE' 4,992,200.00 10,000,000.00 4,996,900.00 4,978,150.00: 4.984,400.00 99.94 4,996.900.00 5,000,000.00 100.13 10 000,000.00 100.00 ��'vi;Ylir g8a8.a'< 15.000,000.00 100.22 t,E,3,:r1�`iFw �i,:'vL:i;-'�'.` �,.3�r7 L'Y•�s�..' P $'B�BFE ^�9. L� 5.25 ` 09/29/2009 5.20 11/20/2009 5.50 12/01/2009 5.25 12/11/2009 5.00 12/18/2009 3� FH 5.13 ' 12/18/2009 5.15 12/21/2009 5.25 12/28/2009 5.25 . 12/28/2009 5.30 06/14/2010 5.15 5.13 01/17/2007 01/17/2007 5.07 05/14/2007 5.08 06/20/2007 5,000,000.00 100.00 5,000,000.00 5,000.000.00 5,000,000.00 10,000,000.00 4,999,218.75 4,999,218.75 5,000,000.00 5,000 000.00 2,950,000.00 536,347,077.22 Ey'w, 'Y�l�v g •• 4,645,994.00 24,529,750.00 48,922,625.00 24,382,638.89 z 99.81. 99.81 99.63 99.41 zY�>W 99.53 99.47 . 99.75 - 99.66 99.56 97.81 ,i 98.12 98.15 97.63 4,995,300.00 5,006.250.00 10 000,000.00 15,032,850.00 5,000,000.00 * °'"t 4.990.650.00 4,990 650.00 4,981,250.00 9,940,600.00 4,976,550.00 4,973,450.00 4.987.500.00 4 982 800.00 2,937,108.50 535,257,204.55 C.1,'t r. , 4,645,994.00 . 24,529,750.00 49,075,000.00 24,407,500.00 ujje GAIN/LOSS YLD MAT 9,700.00 5.21 3,100.00 5.81 Avg. M Dur.' Life2 1.77 1.83 1.90 2.02. 5.00 1.90 2.07 19,100.00 5.10 15,600.00 5.25 1.91 1.96 2.08 = 2.14 3,100.00 5.30 2.05 2.22 1,575.00 6 250.00 32,850.00 9,350.00 9,350.00 �y 18,750.00 59,400.00 €{ate} sXz 22,668.75 5.52 s 5.63 5.80 2.12 2.31 2.30 2.50 2.26 5.40 . .2.40 5.25 5.20 5.50 5.25 5.00 5.13 2.50 2:64 2.66 2.69 2.53 2.66 2.75 2.90 2.93 2:95 2.72 2.97. 2.72 25,768.75 5.16 , 2.73 12,500.00 17,200.00 5.25 5.25 (12,891.50) 5.30 (1,089,872.67) 5.10 rf 152,375 00 24,861.11 2. 5.27 5.23 5.18 5.21 2.97 . s� x 2.98 2.74 3.00 2.74 3.00 3.12 - 3.46 1.76 1:90 0.05 . 0.05 0.37 0.46 0.05 0.05 0.37 0.47 5.09 05/15/2007 '4: 216,162,004.03 24,455,652.78 66,471,772.78 E� 98.13 xas 216,852,385.70 24,532,500.00 690,381.67 76,847.22 3 5.22 5.20 0.25 0.37 0.26 s� 0.38 935,000.00 100.00 2,715,000.00 66,620,610.00 935,000.00 148,837.22 5.22 0.29 0.30 5.30 04/23/2008 24 60,000,000.00 9,973,800.00 4,954,500.00 4,989,550.00 60,000,000.00 10,000,000.00 4,951,800.00 10,000,000.00 5,000,000.00 4,857,500.00 89,758,450.00 99.09 99.70 99.79 96.91 26,200.00) • 2,700.00 29,900.00 10,450.00 (206,050.00) 5.14 4.77 5.30 5.18 0.41 0.99 1.04 Treasurer's Pooled Investment Fund December 29, 2006 Month End Portfolio Holdings Report CUSIP PAR NCD - NEGOTIABLE CD DESCRIPTION COUPON MATURITY BOOK VALUE' PRICE NI. VALUE' GAIN/LOSS YLD MAT M Dur Avg. Li#e2 90263KAZ1 • . ': 50,000,000.00.' UBS AG STAMFORD Al+/P1/F1+ R:z 0556M2KU5 22550AB79 06050V7G6• 50,000,000.00 BNP PARIBAS A1+/P1/F1+ i� 50,000 000.00 'CREDIT SUISSE Aaa/AAA 50,000,000.00 BANK OF.AMERICA Aaa/AAA °a 78010FSS0. 50,000,000.00 RBS,GREENWICH CAPITAL Al+/Pi 5.34 01/17/2007 5.30s 01/17/200�7 5.30 01/29/2007 5.31 02/28/2007 5.29 03/14/2007 50,001650.98 100.00 50,001,084.64 100.00 50 000 433.48 100.00 50,000.000.00 100.00 50,000,000.00 100.00 F>� 78009HF87 50,000,000.00 ROYAL BANK OF CANADA At+/P1 5.31 04/02/2007 50,000,000.00 100.00 50,001,650.98 50,001,084.64 50 000 433.48 50,000,000.00 50,000,,000.00 50,000,000.00 0.00 5.34 0.05 0.05 - `:" 5.29 0.05 5.30 0.08 5.31 ±" 0.17 5.29 0.20 0.05. 0.08 0.17 021: 5.31 0.25 0.26 74977FEG1 50,000,000.00 RABOBANK Al+/Pi/F1+ 5.27 05/09/2007 50 000,000.00 100.00. 50,000,000.00. 5.27 0.35 0.36 s,3Q.3,�SYL"yM„ 0673P1VG6 50,000.000.00 800,000,000.00 TCD - TIME DEPOSITS BARCLAYS CAPITAL Al+/P1/F1+ 5.32 05/23/2007 50,000,000.00 100.00 50,000,000.00 800,006,597.13 800,006,604.63. 5.32 - 0.390.40 7.50 529 0.18 0.19 E! •10,000,000.00 CITIZENS BUSINESS BANK 20,000,000.00 TOTAL 4,997,750,000.00 1. The market value andyield of short-term money market securities are based on purchase price. 2. Average life is the number of Years1mtt principal is returned at maturity, weighted by market value. 3. Local Agency Obligations have variable rate coupons, spread to Pool. - 4. Modified Duration. The percentage price change of a securiy for a. given change. •- The higher the modified duration of a security, the higher t e risk. • , 5.13 04/06/2007 25 Page 7 10,000,000.00 20,000,000.00 4,973,386,715.74 100.00 10,000,000.00 20,000,000.00. 4,967,698,616.40 (5,688,099.34) 5.13 0.26 0.27 - 5.16 . . 0.23 0.24 5.01 0.73 ' 0.78 • Summary of Authorized Investments The Treasurer's Pooled Investment Fund was in FULL COMPLIANCE with the Treasurer's Statement of Investment Policy. The County's Investment Policy is more restrictive than the California Government Code. This policy is reviewed annually by the County's Investment Oversight Committee and approved by the County Board of Supervisors California Government Code Ims,tniert Ca;eg.ry LOCAL AGENCY BONDS CALIFORNIA LOCAL AGENCY DEBT BILLS OF EXCHANGE REVERSE REPOS CaITRUST SHORT TERM FUND Maximum 7.tatuity 270 DAYS 92 DAYS SECURED BANK DEPOSITS 5 YEARS LOCAL AGENCY INVESTMENT FUNDS NO LIMIT 40% I+) 30% 20% NO LIMIT Conn Investment Poli i mIrnum Matur- ity : Authcrized'b Oa!by S&P/ . Moody's . INVESTMENT GRADE Actual Riversire. Portfolio. . 0.00% 0.00% 0.00% 0.81% 0.00% 0.05% + No more than 30%of this category may be invested with anyone commercial bank 4 Mutual Funds maturity may be Interpreted as weighted average maturity not exceeding 90 days 3 Or must have an investment advisor with not Less than 5 years experience and with assets under management of F500,000,009 Projected Cash Flow The Pooled Investment Fund cash flow requirements are based upon a 12 month historical cash flow model. Based upon projected cash receipts and matu- rating investments, there are sufficient Funds to meet future cash flow disbursements over the next 12 months. Monthly Monthly Month ,Receipts Disbmts Difference Required Mat. Invest Balance ,Actual Inv. Maturities Avail. To Invest/ 1 Yr. 12/2006 512 02/2007 618.0 806.3 (188.3) 188.3 382.1 a) w 04/2007 1,505.7 738.5 767.2 767.2 252.0 06/2007 755.6 885.2 .;.p'. snaryt, 4wY (129.6) 4a� 100.4 14L0 08/2007 755.2 843.9 (88.7) 88.7 104.6 10/2007 83L4 795.4 36.0 36.0 56.0 c 12/2007 740-5 694.1 46.4 128.8 79.0 Totals 9,322.8 10,370.8 (1,048.0) 1,059.3 21.32% 3,526.7 70.99% 3,908.4 78.68% THIS COMPLETES THE REPORT REQUIREMENTS OF CALIFORNIA GOVERNMENT CODE 53646 Page 8 • AGENDA ITEM 7C • • • RIVERSIDE COUNTY TRANSPORTATION COMM/SS/ON DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Michele Cisneros, Accounting and Human Resources Manager THROUGH: Eric Haley, Executive Director SUBJECT: Quarterly Financial Statements BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the . Commission to receive and file the Quarterly Financial Statements for the second quarter ended December 31, 2006. BACKGROUND INFORMATION: During the last six months of the fiscal year, staff has monitored the revenues and expenditures of the Commission. The attached financial statements present the revenues and expenditures for the first six months of the fiscal, year. Period closing accrual adjustments are not included for revenues earned but not billed and expenditures incurred for goods and services received but not yet invoiced, as such adjustments are normally made during the year end closing activities. The operating statement shows the sales tax revenues for the second quarter at 35% of the budget. Thisis a result of the Governmental Accounting Standards Board (GASB) Statement No. 33. GASB 33 requires sales tax revenue to be accrued for the period in which it is collected at the point of sale. The State Board of Equalization collects the Measure A funds and remits them to the Commission after the reporting period for the businesses. This creates a two -month lag in the receipt of revenues by the Commission. Accordingly, these financial statements reflect the revenues related to collections for September,2006. On a cash basis, the Measure A and Local Transportation Fund (LTF) sales tax revenues are 5 % and 3 % higher, respectively, than the same period last fiscal year. Federal, state and local .government reimbursements and other revenues are on a reimbursement basis,. and the Commission will receive these revenues as the projects are completed and invoiced to the respective agencies. Agenda Item 7C 27 During the second quarter, an additional $10 million of commercial paper was. issued primarily for Multi ,Species Habitat Conservation Plan (MSHCP) property acquisition. The expenditure categories are in line overall with theexpectations of the budget. Administrative general legal services are higher due to communications with °legal " counsel for human resource issues, commercial paper/future financing issues, and additional legislation needed to implement design -build contracting.. Administrative professional services are slightly higher due to bank fees for the commercial: paper program. General administrative expenditures . are higher ; due -to a one-time . payment in July for the Commission's FY 2006/07 general. liability insurance. Intergovernmental distributions are: expended as one-time, , LTF payments made at the beginning of the fiscal year based on claims submitted: by Coachella Valley Association of Governments (CVAG) and Western ,Riverside Council of Governments (WRCOG). Capital outlay reports a negative actual amount. This resulted from the reversal of theestimated expenditure accrual made at June 30, 2006 for .office improvements made but not yet ''invoiced. Staff will continue to monitor the revenues and expenditures and notify the Commission of any unusual events. Attachment: Quarterly Financial Statements — December 2006 Agenda Item 7C 28 DESCRIPTION RIVERSIDE COUNTY TRANSPORTATION COMMISSION QUARTERLY BUDGET VS ACTUAL 2ND QUARTER FOR SIX MONTHS ENDED 12/31/2006 REMAINING PERCENT BUDGET ACTUAL BALANCE UTILIZATION Revenues Sales tax $ 167,122,400 $ 58,836,172 $ (108,286,228) 35% Federal, state & local government reimbursements 23,939,102 1,184,693 (22,754,409) 5% Transportation Uniform Mitigation Fee (TUMF) 42,000,000 14,787,026 (27,212,974) 35% Other revenues 20,605,200 8,166,052 (12,439,148) 40% Interest, 12,509,000 4,871,592 (7,637,408) 39% Total revenues 266,175,702 87,845,535 (178,330,167) 33% Expenditures Administration Salaries & benefits 1,771,900 773,976 997,924 44% General legal services 182,600 140,813 41,787 77% Professional services. 1,212,800 631,295 581,505 52% Office lease & utilities 387,300 193,506 193,794 50%` General administrative expenditures 1,090,600 582,810 507,790 53% Total administration 4,645,200 2,322,399 2,322,801 50%0. Programs/projects Salaries & benefits 2,858,600 1,330,091 1,528,509 47% General legal services 1,285,300 646,656 . 638,644 50 Professional services 5,449,100 835,172 4,613,928 15% General projects 4,283,968 289,254 3,994,714 7% Highway engineering 6,423,000 1,698,265 4,724,735 26% Highway construction 48,094,556 5,231,447 42,863,109 11% Highway right of way/land 25,988,100 11,976,231 14,011,869 46% Rail engineering 7,550,000 445,915 7,104,085 6% Rail construction 1,741,500 257,653 1,483,847 15% Rail right of way 5,224,000 - 5,224,000 0% TUMF engineering 34,174,000 2,333,815 31,840,185 7% TUMF construction 4,848,000 - 4,848,000 0% TUMF right of way 112,725,000 3,066,106 109,658,894 3% Local streets & roads 58,318,300 19,554,227 38,764,073 34% Regional arterial 13,719,400 4,334,630 9,384,770 32% Special studies 2,766,414 89,601 2,676,813 3% FSP towing 1,604,200 665,971 938,229 42% Commuter assistance 5,007,800 1,104,726 3,903,074 22% Property. management 326,300 11,165 315,135 3%. Motorist assistance 1,924,300 299,312 1,624,988 ` 16% Rail operations & maintenance 7,454,800 3,477,655 3,977,145 47% STA distributions 6,718,700 1,820,996 4,897,704 27% Specialized transit 7,680,800 3,157,657 4,523,143 41% Planning & programming services 92,200 23,751 68,449 26% Total programs/projects 366,258,338 62,650,297 303,608,040 17% Intergovemmental distribution 992,800 954,338 •38,462 96% Capital outlay 533,000 (6,932) 539,932 -1% Debt service Principal 30,364,400 - 30,364,400 0% Interest 9,063,600 3,040,608 6,022,992 34% Arbitrage rebate tax - _ - 0% Cost of issuance 150,000 - 150,000 0% Total debt service 39,578,000 3,040,608 36,537,392 8% Total expenditures 412,007,338 68,960,710 343,046,628 17% Excess of revenues over (under) expenditures (145,831,636) 18,884,825 164,716,461 13% Other financing sources/uses Operating transfer in 83,053,100 17,865,353 (65,187,747) 22% Operating transfer out 83,053,100 17,865,353 65,187,747 22% Bond proceeds 80,000,000 10,000,000 (70,000,000) 13% Payment to escrow agent - - - 0% Total financing sources/uses 80,000,000 10,000,000 (70,000,000) 13% Net change in fund balances Fund balance July 1, 2006 Fund balance December 31, 2006 (65,831,636) 28,884,825 94,716,461 -44% K6,727,234 376,727,234. 100% 310,895,598 $. 405,612,059 $ • 94,716,461 130% 29 DESCRIPTION RIVERSIDE COUNTY TRANSPORTATION COMMISSION QUARTERLY ACTUALS BY FUND 2ND QUARTER FOR.SIX MONTHS ENDED 12/31/06 MEASURE A PALO STATE TRANSPORTATION UNIFORM. WESTERN COMMERICAL GENERAL FSP/ WESTERN VERGE COACHELLA - TRANSIT ' MITIGATION FEE ;COUNTY PAPER DEBT COMBINEO FUND SAFE COUNTY VALLEY VALLEY ASSISTANCE TUMF CONSTRUCTION PROGRAM • SERVICE; TOTAL Revenues Sales tax $ 8,928,594 $ $ 37,018,098 $ 360,893 $ 12,528,787 $ Federal, state & local government reimbursements 45,409 856,409 282,875 Transportation Uniform Mitigation Fee (TUMF) - " • Other revenues 255,074 . (350) 3,178,265 11,0,419 ' 4,822,644 Interest. 101,000 61,340 1,886;399 3,825 92,820 90,760 Total revenues 9,330,077 917,399 42,345,637 364,318', 12,732,026 4,713,404 Expenditures Administration Salaries & benefits General Ieget services Professional services Office lease & utilities " General administrative expenditures Tote) administration 738,641 35,018 383,709 184,160 554,891 1,894,219 37,3'35 1,770 18,717 9,346; 28,118 95,286 Prograrnslprojecta Salaries & benefits 810,354 44,566 • 392,975. ' ' 160 3,283 Generational services. 230,845 ' • . 11,843 339,203 - Professional services, .• 215,308 • 11,350 288,559 123 General projects 268;686 - 4,8790 Highway engineering - 1,880,426 17,839 Highway construction 202,454 1,028,993 Highway right Of way/land 592,121 - • Rell'enginsering 445,915 - Rail construction 257,853 CO Reil of veer 2,333,815 TUMFF engineering • 0 TUMF construction TUMF right of way, • -• 3,068,106 Local streets &roads • 14,807,750 360,693 4,385,784 Regional arterial 4,334,630 • Special studies 33,730 - 25,788 • 30,083 FSP towing 665,971 Commuterassietence - 1,104,72$ - Property management 11,165 - - - Motorist assistance - 299,312 Rail operations & maintenance 3,477,855 - STAdistributions ". . • • 1,820,998 Specialized transit 905,664 2,252,093 _ Planning & programmingservicea 23,751 Total programs/projects 4,802,808 1,033,042 21,311,820 360,853 12,027,272 1,821,119 5,590,009 15,703,375 62,650,297 14,787,028 1,687,548. $ 2,094 153,953 16,474,574 2,094 153,953 812,053 58,838,172 1,184,693 14,787,026 8,188,052 4,871,592 812,053 87,845,535 • 773,976 104,025 140,813 228,869 631,295 193,508 • 582,810 332,894 2,322,399 Intergovernmental distribution Capital outlay Debt service Principal Interest Arbftrage rebate tax Cost of issuance Total debt service Total expenditures 'Excess revenues over (under) expenditures 954,338 - (27,068) (1,932) 22,068 78,773 64,765' 569 15,898. 319,265• 4,000,000 11,384,110 1,330,001 648,656 835,172 289,254 1,698,265 5,231,447 11,976;231 445,915 257,85.3 2,333,815 3,066,108 19,554,227 4,334,830 89,601 665,971 1,104,726 11,165 290,312 3,477,855 1,820,996 3,157,857 23,751 954,338 0,932) 403,135 2,637,473' 3,040,608 403,135 2,637,473 3,040,608 7,824,295 1,126,396 21,333,888 360,853 12,027,272_ 1,821,110 5,590,009 16,430,404... 2,837r473:68,960,710 1,705,782 (208,998) 21,011,748 3,465 704,753 2,892,285 10,884,565 2,094 (16,285,451) (1,825,420) 18,884,825 . Other financing sources/uses Operating transfer in - 378,200 63,705 - 56,381 305,156 Operating transfer out 388,214 13,466,334 3,949,556 - • Bond proceeds - Peyment to escrow agent - - Total financing sources/uses (12,014) (13,402,629) (3,949,556) 56,381 - 305,156 Net change in fund balance. 1,705,782 (221,011) '7,609,120 3,465 ` (3,244,802) 2,948,6.66 11,189,721 Fund balance July 1, 2006 9,230 059 5,031f617 - 163,804,847 - 51,974 ' 11,701,231 5,462,536 138,819,315 Fund balance December 31, 2006 $ 10,935,341 $ 4,810,606 $ 171413,987 $ 55,439 $ 8,456,429 $ '8,411,192 • 17,083, 911 17,885, 353 15 81,234 17,865,353 10,000,0'00 - 10,000,000 0,999,985 17,002,877 10,000,000 2,004 ` 03,285,486) 15,177,257 28,884,825 107,103 12,058,828 30,459,738 378,727,234 150,009,038 $ ' . 109 167 $ 5 773 380 $ 45,838,993 $ 405,612,059 AGENDA ITEM 7D • • RIVERS/DE COUNTY TRANSPORTATION COMMISSION DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Michele Cisneros, Accounting and Human Resources Manager THROUGH: Eric Haley, Executive Director SUBJECT: Single Signature Authority Report BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to receive and file the Single Signature Authority Report for the second quarter ended December 31, 2006. BACKGROUND INFORMATION: The attached report details all professional services and administrative contracts that have been executed for the second quarter ended December 31, 2006 under the single signature authority granted to the Executive Director by the Commission. The unused capacity at December 31, 2006 is $442,790. Attachment: Single Signature Authority Report — December 31, 2006. Agenda Item 7D 31 • SINGLE SIGNATURE AUTI ITY • CONSULTANT AMOUNT AVAILABLE July 1, 2008 AS OF DECEMBER 31, 2006 DESCRIPTION OF SERVICES ORIGINAL CONTRACT AMOUNT $500,000.00 REMAINING PAID AMOUNT CONTRACT AMOUNT A , �%'Ci�l1.' ini t; '1 AMOUNT USED Less retum of remaining contract value due to expiration: AMOUNT USED, net of adjustments AMOUNT REMAINING through DECEMBER 31, 2008 Towa Reabrol•DeMorst Michele Cisneros Prepared by Reviewed by Note: Shaded area represents new contracts listed In the first quarter. 32 57,210.00 57,210.00 $442,790.00 40,087,22 17,122.76 • AGENDA ITEM 7E • • • • RIVERS/DE COUNTY TRANSPORTATION COMM/SS/ON DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Michele Cisneros, Accounting and Human Resources Manager THROUGH: Eric Haley, Executive Director SUBJECT: Interfund Loan Activity Report BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: Receive and .file the Interfund Loan Activity Report for the second quarter ended December 31, 2006. BACKGROUND INFORMATION: At its April 14, 2004 meeting, the Commission approved the Interfund Loan Policy and adopted Resolution No. 04-009, "Resolution of the Riverside County Transportation Commission to Authorize Interfund Loans. Subsequently, the Commission requested that the interfund loan activity be reported on a quarterly basis. The attached details list all interfund loan activity through December 31, 2006. The total outstanding interfund loan amounts as of December 31, 2006 are $460,257. Attachment: Interfund Loan Activity Report Agenda Item 7E 33 • • • Riverside County Transportation Commission Interfund Loan Activity Report For 2nd quarter ended December 31, 2006 Loan Amount Repayment Amount Date of Loan of Loan Begins Outstanding Lending Fund . Borrowing Fund April 2, 2003 $ 300,000 July 1, 2006 $ 185,257 Measure A - WC Highway (222) Measure A - WC LSR (227) Purpose of Loan Advance to make repairs and Improvements to Railroad Canyon Road March 4, 2004 275,000 July 1, 2009 275,000 Measure A - WC Commuter Measure A - WC Highway (222) Additional local match for the SR71 Widening/Animal Crossing Project Total $ 575,000 $ 460,257 Assistance (226) 34 • AGENDA ITEM 7F • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM::- Budget and Implementation Committee Jerry Rivera, Program Manager THROUGH: f` Eric Haley, Executive Director SUBJECT: SB .821 Bicycle and Pedestrian Facilities Program Extension for the Cities of Moreno Valley and San Jacinto BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION. This item is for the Commission to: 1) Grant the city_ of Moreno Valley an extension to June 30, 2008 to complete the Pan Am Boulevard and Graham Street sidewalk improvement projects; and 2) Grant the city of San Jacinto an extension to June 30, 2008 to complete the Idyl'wild Drive sidewalk improvement project. BACKGROUND INFORMATION: In FY 2006, the Commission awarded $1,954,798 to fund :33 projects as part of its SB 821 Bicycle and Pedestrian Facilities program. The agencies have until June 30, 2007 to complete the projects. Moreno Valley The city of Moreno Valley was allocated $.45,000 for construction of the Pan Am Boulevard sidewalk project and $45,000 for the construction of the Graham Street sidewalk. project. Both of the projects are part of larger federal community development block grant (CDBG). funded projects, which involved more complex Tight -of -way issues and increasing construction costs. The project design for the Pan Am Boulevard sidewalk project is 95% complete . and project construction will begin i;n June 2007 with completion anticipated in September 2007; The .project design for the Graham Street sidewalk.. project is 65 % complete. After right-of-way acquisition, project construction will begin in September 2007 with completion anticipated in December 2007. Therefore, the city is requesting :a one-yearextension to June 30, 2008, "to complete both projects. Agenda Item 7F 35 San Jacinto The city of San Jacinto was allocated $80,000 for constructionof the Idyllwild. Drive sidewalk project. The project is also part of a Larger. C.DBG funded street widening project, which requires additional right-of-way. The city ° has secured most of .the dedications and is pending additional ,dedication or acquisition through eminent domain. Therefore, the city is requesting a one-year extension to: . June 30, 2008, to complete the project. Attachments: 1) Letter from City of Moreno Valley 2) Letter from City of San Jacinto Agenda 'Item' 7F 36 January 19, 2007 Mr. Jerry Rivera, Program Manager Riverside County Transportation Commission 4080 Lemon Street. 3`d floor P.O. Box 12008 Riverside, CA 92503-2208 'ublic Worts Department 79244 J R Capital Projects City Hail 14177 Frederick Street P.O. Box 88005 Moreno Valley, CA 92552-0805 Telephone: 951.413.3130 FAX: 951.413.3170 ECIEOV'E JAN 26 2007 TRANSPOORRTATION (MMMIISSION Subject: FY 2005-06 SB-821; Request for Extension of Time Dear Mr. Rivera: The City of Moreno Valley is requesting a one (1)::year extension of time for the following projects funded pursuant to FY 2005-06 SB-821 Bicycle and Pedestrian Facilities Program: 1) Pan Ann Boulevard from Bay Avenue. to Cottonwood Avenue: The SB-821- funded sidewalk 'improvement is part -of a larger-CD13G (Federal) funded project. The larger project design currently is at 95% completion. The project construction . will begin'in.June 2007 with completion anticipated in September 2007. 2} Graham Street from Hemlock Avenue to Ironwood Avenue: The ,SB-821; __funded � .: sidewalk -=imp rovemenxt4s_.parLof & larger. CDBG (Ftporalyfty*.d .440je9t: .The larger project -design -currently- is at 65% completion: If iS'an#icipated that after Right of. Way apquisition, the project construction will begin in September 2007 with completion in -December 2007.'' Therefore, the =City..:is respectfully._requesting_ a one -(1) 'year extension of time-- to • complete the above meritiaried projects. 37 • r 2 U.26.3. Letter to Mr. Jerry Riviera . January 19, 2007 Page 2 if you :have any questions or concerns, please contact Viren Shah, Consultant. Project Manager at. 951.41 3.3241 or Margery Lazarus, Supervising Senior '. Engineer at 951.4133133 Sincerely, Margery Lazarus, P.E. Supervising Senior Engineer r Skle . File Jim Geyer, P.E., Consultant Project Manager Carlos Zamano, P.E., Supervising Senior Engineer -Prem Kumar, ;P.E., Assistant City Engineer Mitch Slagerman, Redevelopment Manager C Lbocuments and Settingsldeneaeetocal SettingslTemporary Internet FilesXXX128%S6821 Extension of time reguest.doc 38 February 5, 2007 Jerry Rivera Program Manager Riverside County Transportation Commission P.O. Box 12008 Riverside, Ca 92502-2208 RE: FY 2005-06 SB 821 Bicycle and Pedestrian Facilities Program Dear Jerry, The City of San Jacinto is requesting a one-year extension of time on its 2005-06 SB 821 Idyllwild Drive Sidewalk Improvements Grant. The request for extension of time is due to the fact that the San Jacinto City Council has expanded the scope of work of this project to maximize the benefit to the residents and San Jacinto High School, to include street widening. Project funding includes SB 821 and Community Development Grant fiends. To implement this project, we are also required to acquire additional right-of-way. I am sure you are aware of the delays associated with implementing a large scale project with multiple funding sources and missing right-of-way. We appreciate your support of our request. Please feel free to contact meat 951-487- 7342 or 951-943-6504 if you have any questions. Sincerely, HABIB MOTLAGH City Engineer 39 • AGENDA ITEM 7G • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Sheldon Peterson, Program Manager THROUGH: Eric Haley, Executive Director SUBJECT: Agreement with Schiermeyer Consulting Services to Provide Professional Services to the Commuter Rail Program STAFF RECOMMENDATION: . This item is for the Commission to: 1-) Award Agreement No. 07-25-103-00 to Schiermeyer Consulting Services to provide professional services to support the Commuter Rail Program., for a total not to exceed $195,000; 2) Authorize the Chair, pursuant to legal counsel- review, to execute the agreement. on behalfof the Commission. BACKGROUND INFORMATION: The Commission has funded the professional services of -a rail consultant since the inception of the Commuter Rail Program in 1989. The consultant has : performed specific functions. on a.continuing basis and is available on an on -call basis as new projects develop. The current agreement with the consultant expires on April 10, 2007. Key issues facing the Commission's Commuter Rail Program over the next 14 months include: • Parking capacity issues at the Riverside County Metrolink stations;. • Continued development of service on the IEOC, Riverside and 91 lines; • Support for passenger rail feasibility studies and station feasibility reports; and • Continued support as an advisor to the Southern California Regional Rail Authority (SCRRA) Technical Advisory Committee. The term of the agreement is for 14 months with two additional one-year options. For the initial term, the total compensation shall not exceed $195,000, without the written approval of the Executive. Director. The professional services agreement is funded through the Western Riverside County Commuter Rail Local Transportation Fund (LTF). Agenda Item 7G 40. This agreement is established as a sole source contract. Carl Schiermeyer serves as an expert in commuter rail planning' and development. ` `He has been involved in the developmentof all of the Commission's commuter rail .initiatives. His unique experience in this area justifies the request for the sole` source contract: A budget adjustment is not required for this agreement. Financial Information In Fiscal Year Budget: Yes Year: FY 2006/07 Amount: $39,004 Source of Funds: LTF Budget Adjustment: No GLA No.: 103'2`5 65520 P4199 Fiscal Procedures Approved: j,0w2, Date: 2/20/07 Agenda Item 7G 41 • AGENDA ITEM 7H • • RIVERS/DE COUNTY TRANSPORTATION COMMISSION DATE: March 1.4, 2007 TO: FROM: THROUGH: Riverside County Transportation Commission Henry Nickel, Staff Analyst Eric Haley, Executive °Director SUBJECT: Commuter Rail Program 'Update STAFF RECOMMENDATION: This item is for the Commission to receive and file an update on the Commuter Rail Program. BACKGROUND INFORMATION: New East Side 'Lot Opens at Riverside Downtown Station The Commission opened the new 321 space (16 of which are ADA) east side parking lot at :the Riverside Downtown Metrolink Station on Tuesday, February 20. The lot is located off Commerce Street on the south side platform: Amenities include a drop off loop, wrought iron" fencing with lockable gates and substantial lighting. Security guards: and closed circuit. television (CCTV) are in place. Overnight parking will not be allowed in - this satellite lot to make it easier to maintain security. The contractor . has .completed work and Burlington North Santa Fe (BNSF) adjusted the pedestrian crossing signal to face the new entrance to ensure safety. This lot will " be ideal for 91 and Inland Empire Orange County (IEOC) line riders who will not have to cross the pedestrian bridge. This project was several years in the making, costing $ 5 million with right-of-way costs. Flyers were prepared and distributed to passengers on the Friday afternoon and Monday before opening. Banners posted at the station announced the opening of the new lot. Follow up with articles will be placed in the Station Update, the Metrolink Matters newsletter and Metrolink related web sites.. IEOC Weekend Service Daily passenger trips on the new year-round IEOC Metrolink weekend service have remained consistent since January. ' This expanded service provides both an extension to our existing services for transit dependent riders and existing commuter passengers as well as a viable alternative to driving into Orange County, introducing entirely new users to the Metrolink' system. Agenda Item 7H 42 First week of school 35,000 30,000 Q, 25,000 .c 20,000 c 15,000 10,000 5,000 0 ,\Q3 urnulative Passenger Trips 1E0C Weekend ,Service To date, the IEOC weekend service has provided 32,970 :passenger trips._ since commencing July 15, 2006. This constitutes 14,038 additional trips resulting from year-round service compared to last year's 18,932 Summerlink seasonal trips. Growth of the . service reflects :ongoing marketing efforts: coordinated among the Commission, Orange County Transportation Authority (OCTA) and San Bernardino Associated Governments (SANBAG). Riverside Line 5,400 5000 . 4600 7-4,200 H - 3,800 * 3,400 3,000 2,600 0�0 Passenger Trips Riverside Line UP Track Work 6) 63 OO 00 0q0 1 P9p6 S �'�� ��� ��� P�� coel Month Daily passenger trips on Metrolink's 'Riverside line for the month of January averaged, 4,086, a decrease of 194, 5% less than the month of December. Compared to one year ridr, the line averaged an overall daily decrease of 432 passenger trips, nearly Y P 9 Y p 9 P.. `_ Y: 10% less than . a year ago, January:.2006. This is :attributed to the track repairs that took place throughout the month of January. Agenda Item 7H 43 • • 100 am 95 c 90 c 85 80 a. 75 70 On Time Performance (95% Goal) Riverside Line UP Track Work OHO ,0 ,O� Po ,c � � . PQ. a coJ�Do o� G��� OJOt. eGO� 0 \-\ O Month January on -time performance averaged 91 % inbound ( + 5 % from December) and 84% outbound (-6% from December). There were 29 delays greater than five minutes during the month of January. The following are primary causes: IEOC Line Signals/Track/MOW Dispatching Mechanical Operations TOTAL 7 1 Passenger Trips Inland Empire Orange County Line 5,000 4,800 n. 4,600 H 4,400 0 4,200 4,000 3,800 3,600 b �..p-, 'qo AO�OoOO000 �0 O a�v AJ.Vq < Jc;.aa04QFQ.Jcoo 0 oVi�O Month Daily passenger trips on 'Metrolink's IEOC line for the . month of January averaged 4,701, an increase of 49.7 trips, 12% more than the month of December. The line has increased by 420 daily trips or 10% from a year ago January 2006. Agenda Item 7H 44 100, a, 95co co 90 m 85 o L 80 C1 On Time Performance (95% Goal) Inland Empire Orange County Line 75 70 0) ,mac° , �co OHO ��° ,OHO 0�° at J� 5 es °J �0 a� Q`� 5° Month January On -time performance . averaged 90% southbound :(-6:% from December), and 95% .northbound ( +'1 % from December). There were. 25 ' delays greater than . five Minutes during the month of. January., The following are primary causes: 91 Line Signals/Track/MOW, Dispatching Mechanical Operations 2,800 2,600 2,400 7: 2,200 H c 2,000 ' 4 1,800 1,600 1,400 Passenger Trips 91 Line Month Daily passenger trips on Metrolink's 91 line for the month of January averaged 2,347, an increase of 464 trips, 25% more .than the month of December. The line has increased by 356 daily trips or 18% from a year ago January 2006. Agenda Item 7H 45 • • • Percentage On Time Performance (95% Goal) 91 Line 100 95 90 85 80 75 70 2pA6 e�pro `pro Q�6° 0 Op J OD �J�6° J� � 0�O" G�pro oJOD pro P �S ) Q g O pe Month January on -time performance averaged 97% inbound (-1 % from December) and 100% outbound (+5% from December). There were three delays greater than five minutes during the month of January. The following are primary causes: n.4C ��rs��'9! e f 4 ' k.'•^ '-. 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California Association ` 'of Governments, the Commission and the Riverside County Transit: Operators STAFF RECOMMENDATION: This item is for the Commission to: 1) Approve Memorandum of Understanding (MOU) No. 07-65=1 1 1-00 with the Southern California Association of Governments (SCAG), the Commission and the Riverside County transit operators (cities of Banning, Beaumont, Blythe, :Corona, and Riverside; Riverside Transit Agency and SunLine Transit Agency); and 2) Authorize the Chair, pursuant to legal counsel review, to execute the MOU on .behalf of the Commission. BACKGROUND INFORMATION: Pursuant to 23 Code of Federal Regulations 450.310(b), .the SCAG is required to enter into an agreement with public .transit agencies to specify the cooperative procedures for carrying out transportation planning (including corridor and sub -area studies) and programming: The absence of a current agreement with SCAG has been identified as a deficiency by the Federal Transit Administration. (FTA) in its triennial reviews of the transit operators, the Commission and SLAG. Because of the structure for accomplishing transportationplanning and programming in Southern California, it is necessary that the Commission, acting as the Regional Transportation Planning Agency, be a party to the : MOU... Pursuant to California Public Utilities Code Section 130000, . the Commission is responsible for the approval of all projects utilizing federal and state highway and transit funds as well as for transportation programming and short range transit planning for Riverside County.. The purpose of the MOU is .basically to describe cooperative procedures for 'carrying out the -transportation planning and programming processes in Riverside County in accordance with applicable federal regulations. Agenda Item 71 49 SCAG and Commission staffs have worked together in developing the draft MOU, which is currently being reviewed by Riverside County transit operators. Commission staff is requesting that the MOU be approved in concept only pending final review by the transit operators. Changes, if any, will be reviewed by Commission's ~legal counsel. Financial Information n Fiscal Year Budget: N/A Year: FY 2006/07 Amount: N/A Source of Funds: N/A Budget Adjustment: GLA No.. N/A Fiscal Procedures Approved: Attachment: Draft MOU 07-65-111-00 Agenda Item 71 50 Date:.' 3/5/07 • DRAFT 02/26/07 MOU No. 07-65-111-00 Memorandum of Understanding Among the Southern California Association of Governments, the Riverside County Transportation Commission, and the Riverside County Transit Operators RECITALS WHEREAS, the Southern California Association of Governments (SLAG) is a joint powers agency formed pursuant to Title 1, Division 7, Chapter 5 of the California Government Code (section 6500 et seq.) and is the Metropolitan Planning. Organization (MPQ)`recognized under 23 U.S.C. 134; , WHEREAS, SCAG is required pursuant to federal and state law to prepare, adopt and submit a Regional Transportation Plan (RTP); WHEREAS, SCAG pursuant to state and federal law is required to prepare, adopt and submit a multi -year Regional Transportation °Improvement Program (RTIP) WHEREAS, SCAG: is required pursuant to state and. federal law and agreements to coordinate its planning activities with stakeholders, including County Transportation' Commissions (CTCs) and is specifically required pursuant to 23 Code of Federal Regulation 450.310(b) to enter into agreements with, operators of publicly owned transit services to specify cooperative procedures for carrying out transportation planning (including corridor and sub -area studies) and programming; WHEREAS; Riverside County Transportation Commission (RCTC) is a County Transportation Commission created pursuant to Public Utilities Code section 130052 and is charged pursuant thereto with approval of all projects within Riverside County utilizing federal and state highway and transit funds and is responsible for transportation programming and short range planning within its jurisdiction; WHEREAS, RCTC is the Regional Transportation Planning Agency (RTPA) for Riverside County, the .state counterpart to the federal MPO designation; WHEREAS, SCAG ,and the State of California, acting through the Department of Transportation entered into a Memorandum of Understanding dated June 22, 2005 to provide for Comprehensive :Federal Transportation; Planning; WHEREAS, SCAG and RCTC entered into a 1979 Memorandum of Understanding for the purpose of defining the. roles and relationships in meeting the transportation planning and programming responsibilities ("1979 MOU"); WHEREAS, RCTC and four other CTCs in the SCAG region are .members of a Joint Powers Authority that oversee implementation and operation of the Metrolink System in the SCAG region; 51 DRAFT 02/26/07 WHEREAS, This Memorandum of Understanding ("MOW) is intended to supercede in its entirety the 1979 MOU and any amendments thereto; WHEREAS, SLAG, RCTC, and the undersigned transit, operators in Riverside County ("Transit Operators") desire to integrate and clarify consistently with the above referencedfederal and state rules and regulations, cooperative procedures for carrying out the metropolitan transportation planning and programming processes and to utilize this MOU to fulfill the requirements of 23 CFR 450.310(b) and any successors thereto. NOW, THEREFORE IN CONSIDERATION OF THE MUTUAL PROMISES AND COVENANTS PROVIDED. FOR THEREIN, SCAG, RCTC, AND THE UNDERSIGNED TRANSIT OPERATORS HEREBY AGREE AS FOLLOWS: Section 1 PLANNING AND COORDINATION PROCESS 1.1 SCAG'sRole: SCAG is an agency, with responsibility for comprehensive and , coordinated regional transportation planning in the six county SCAG .region. In accordance with applicable federal and state law, these responsibilities primarily include but are not limited to preparation and adoption of the RTP and RTIP. 1.2 RCTC'sCounty. Transportation Commission Role: RCTC is responsible for continuing, comprehensive and coordinated transportation planning and project implementation within Riverside County. These responsibilities include but are not limited to preparation and adoption of the Short -Range Transportation Improvement Program (TIP) and any updates for Riverside County, and for allocating transit funds, to the Transit Operators. The parties further recognize that RCTC may prepare:.a Long -Range Transportation Plan (LRTP) for Riverside County. In accordance with applicable federal and state law, RCTC shall coordinate with SCAG and the Transit Operators in meeting its transportation planning. responsibilities. RCTC shall consider the Transit Operators' capital and operating needs and recommendations in developing the LRTP and Short -Range TIP for Riverside .County. 1.3 TransitOperator's .Role: The Transit Operators' are responsible for coordinating with RCTC regarding their capital, and operating needs and, providing recommendations regarding RCTC's LRTP and Short -Range TIP. Certification and Assurances: Each party shall comply with the following requirements in carrying out their respective responsibi,lities'under this MOU:' (1) Title VI of the ;Civil Rights Act of 1964, as amended, ` 49 U.S.C. 5332, 42 U.S.C. 2000d, and the United States Department' of Transportation (U.S. DOT) implementing regulations., 49 C.F.R. Part 21, and related-_ federal guidelines including but not limited to . 52 f. DRAFT 02/26/07 FTNFHWA Circular 4702.1 regarding Title VI Program Guidelines for Urban: Mass Transportation Administration Recipients, and any successors thereto; and (2) The Americans with Disabilities Act of 1990, as amended, 42 U.S.C. 12101 et seq., U.S. DOT implementing regulations, 49 C.F.R. parts 27, 37, and 38, and any successors thereto. 1.4 Coordination Process: SCAG shall engage in a consultative process with RCTC and the Transit Operators in the regional transportation planningprocess, consistent with applicable laws and regulations.' a. SCAG will provide timely notice of the opportunity to comment on its Draft RTP. and Draft RTIP to the parties and the opportunity to participate in. Overall Work Program development and implementation.. b SCAG will provide RCTC the opportunity to propose projects to be listed in: the. RTIP and toactively participate in the development of the RTP and RTIP: c SCAG shall continue maintaining the Regional Transit Task Force or a successor group, to provide a forum for RCTC and other CTCs and transit operators to participate to ensure that transit priorities meet the region's mobility and air quality goals. RCTC agrees to participate in SCAG's Plans and Programs Technical Advisory Committee or any successor group established to serve the same function which shall also serve as a forum to ensure that local transportation projects, plans and programs are effectively integrated into the RTP and RTIP. The Executive Officers of SCAG and the CTCs shall continue to meet regularly to ensure executive coordination of regional/county/local transportation issues, including issues regarding transit coordination. RCTC will provide the Transit. Operators the opportunity to propose projects for inclusion in RCTC's Short -Range TIP and LRTP for Riverside County. g. Projects and programs adopted as part of RCTC's LRTP and Short - Range TIP shall be submitted to SCAG and recommended for inclusion in the RTIP and RTP, respectively. Section 2 General Provisions 2.1 Term of Agreement: This Agreement shall be effective as to each party on the date such party executes this Agreement, and continues in full force until such party withdraws from this Agreement pursuant to Section 2.5 below or this Agreement is terminated by SCAG upon thirty (30) days prior written . notice. 53 DRAFT 02/26/07 2.2 Drafting: This, MOU has been prepared by all parties and has been reviewed and endorsed by each. 2.3 Amendments: This MOU may be amended only by the executionby all parties of a written amendment. 2.4 Indemnity: Each of the parties to this MOU is a public entity. Pursuant to Government Code Section 895.4, each party shall indemnify, defend and hold each of the other parties, and their respective officers, agents and employees harmless from and against any liability and expenses, including defense costs, any costs or liability on account of bodily injury, death or personal injury of any person or for darnage to or loss of risk of property, any legal fees and, any claims for damages attributable only to performance of the .'responsibilities as set forth in Section 1 (Planning` and Coordination Process) of this MOU : by the indemnifying party (Indemnitor) or: its officers,: agents, employees, contractors and subcontractors under this MOU, except to the extent caused by the negligence or =willful misconduct of an indemnified party (Indemnitee). 2.5 Withdrawal: Any party may withdraw from this MOU upon ninety (90)`:days written notice to each party, providing that the notice of withdrawal set forth the effective date of withdrawal and the reason for withdrawal. Additionally, the notice of withdrawal shall provide that the parties during the period prior to the effective date of withdrawal shall meet to try to resolve any dispute. In the event that the withdrawal isfor cause, thewithdrawal shall not be .effective;, if the party cures the default in, its performance within the ninety day period. SCAG shall notify FTA'of the withdrawal. from this MOU of any party. 26 Jurisdiction and Venue: This MOU shall be deemed an Agreement under the laws of the State of California, and for all purposes shall be interpreted in accordance with such laws. All parties hereby agree and consent to the exclusive jurisdiction of the courts of the State of California and that the venue of any action brought hereunder shall be in Riverside County, California. 2.7 Non -assignment: No partymay assign this: Memorandum of ,understanding, . or any part thereof, without the written consent of each: partyto this MOU. 2.8 Notice: Any notice or notices required or permitted .to be given pursuant to this MOU may be personally served on the other party by the party giving such notice; or rnay be served by certified mail, return: receipt requested, to the following :addresses:' Executive Director Southern California Association of Governments 818.West 7th Street, 12th Floor Los Angeles, California 90017-3435 54 • DRAFT 02/26/07 Executive Director Riverside County Transportation Commission 4800 Lemon Street, 3rd Floor P.O. Box 12008 Riverside; CA 92502-2208 Riverside County Transit Operators (Exhibit "A") 2.9 Order of Precedence: In the event of a conflict between and among this MOU, the order of precedence shall be: Amendments to the MOU MOU Exhibit A 2.10 Counterparts This Agreement may executed in counterparts, each of which shall .be an original, but all of which shall: constitute one instrument. IN WITNESS WHEREOF; the parties have caused this MOU to be executed by their duly authorized representatives. The Southern California Association of Governments: By: Date: Mark Pisano Executive Director Approved as to form: Joanna Africa Acting Director of Legal Services 55 Date: Riverside County Transportation Commission: By: Date: Eric Haley Executive Director Approved as to Form Date: Date: Best, Best &:Krieger. SunLine Transit Agency: By: C. Mikel Oglesby General Manager Approved as to Form: Riverside Transit., Agency: Bv. Larry Rubio, General Manager Approved as to Form: 56 DRAFT 02/26/07 • • City of Riverside: By: Date: Brad Hudson City Manager Approved as to Form: Date: City of. Corona: By: Date: Beth Groves City Manager Approved as to Form: Date: City of Banning: By: Date: Randy Anstine City Manager. Approved as to Form: 57 DRAFT 02/26/07 Date: DRAFT 02/26/07 City of Beaumont: By: Date: Alan Kapanicas City Manager Approved as to Form: City of Blythe: By: Les Nelson City Manager Approved as to form: 58 Date: Date: Date: • DRAFT 02/26/07 EXHIBIT A Riverside County Transit Operators General Manager . SunLine Transit Agency 32-505 Harry Oliver Trail Thousand Palms, CA 92276 General Manager Riverside Transit Agency 1825 Third Street Riverside, CA 92507 City Manager City of Riverside 3900 Main Street, 7th Floor Riverside, CA 92522 City Manager City of Corona 400 S. Vicentia Avenue Corona, CA 92882-2187 City Manager City of Banning 99 E. Ramsey Street Banning, CA 92220 City Manager City of Beaumont 550 E. Sixth Street Beaumont, CA 92223 City Manager City of Blythe 235 N. Broadway Blythe, CA 92225 59 • AGENDA ITEM 7J • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: March 14,- 2007 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee John Standiford, Public Affairs Director THROUGH: Eric Haley; Executive Director SUBJECT: State and Federal Legislative Update BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION; This item is for the Commission to _receive and file the State and Federal Legislative update. BACKGROUND INFORMATION: Federal Update The beginning of March often heralds a season of visits to Washington, DC by various interest groups. The Southern California Association of Governments . (SCAG), the Coalition for America's Gateways and Trade Corridors (CAGTC), the National League of Cities, the National Association of Counties, and the American. Public Transit Association (APTA) all have major trips planned sometime during the month. The Commission will be represented by Commissioners and staff during the SCAG, CAGTC and APTA events. The; focus of both the SCAG and APTA gatherings is goods movement and its impact on transportation, the environment and the nation's economy. Although it might; seem like Congress just passed SAFETEA-LU., now is the time to communicate issues of concern for the next federal authorization bill. This is especially true with the massive changes in Committee chairmanships that came with new Democratic majorities for each house. In the Senate, the Environment and Public Works. Committee is now chaired. by.. Riverside County resident Barbara Boxer. Senator Boxer has expressed ,an interest in being actively involved in goods movement and freight issues as has the new Chairman of the House Transportation and Infrastructure ' Committee, James Oberstar. Congressman Oberstar has .visited Riverside County in the past and will meet with the SCAG delegation during its visit. Agenda Item 7J 60 State Update February 23`d marked the legislative deadline for bills to be introduced: for this year and two bills were introduced that are sponsored by the Commission. The firstis AB 1240 by local Assemblyman John Benoit (R-Palm Desert), which :would allow; the Commission to utilize design build contracting for the Perris Valley Line (PVL) Metrolink extension project. The second bill is AB 1295 by Assemblyman Todd Spitzer (R-Corona)'; whichwill address the. Commission's legislative authorization to build and operate high. occupancy toll lanes. This bill is currently in "spot bill" forrn, ,which means that its content .will be amended later in the legislative session. The exact .provisions of the bill willbe; formulated by an ad hoc committee comprised of members from the 91 Express Lanes Advisory Committee. This committee comprised of Orange County Transportation Authority ;:(OCTA) Board Members and RCTC Commissioners will work together : to ensure that` legislation will meet the Commission's needs without compromising OCTA's existing franchise and ownership of the 91 Express, Lanes in Orange County. Since legislative rules require a bill to be in print for 30 days before it can receive a hearing, much of the legislative action has centered around a proposal to move` the state's presidential primary to February and to amend term limits provisions for legislators. Some committees have also scheduled informational hearings to delve into specific topics. One notable example is the Senate Transportation and Housing' Committee, which will hold a series of meetings regarding the; implementation of Proposition 1 B. California Transportation Commission Takes Action The major news regarding transportation in California was the California Transportation Commission's (CTC) action to allocate more- than .44 billion in Corridor > .Mobility ;Improvement Account (CMIA) funding.' After a great deal of communication and work with the : CTC, Riverside Countyreceived a healthy share of funding from the program for 'a total of three projects. The most.; prominent of the projects awarded was. $157 2 million for the construction of high occupancy vehicle (HOV) lanes on State Route 91 between. Adams Street ,and the 60/91 /215 interchange in Downtown Riverside. This project was not included in the original staff recommendation. The initial recommendation was based on an inaccurate `assumption regarding project.; readiness. In truth, the project will begin construction well in advance of the 2012 deadline and the CTC restored funding for the project. Agenda Item 7J 61 • • • Another project that received funding was the widening of Interstate 215 between 1-15 and Scott Road. The CTC awarded $38.5 million for the project, which represents partial funding. Staff will utilize other available funding including State Transportation Improvement Program (STIP) funds to ensure this project, along with other improvements on 1-215, move forward in a timely manner. Finally, another project that will benefit Riverside County motorists is the addition of an eastbound auxiliary lane on SR-91 between SR-71 and the SR-241 toll road. Approximately half of this project is located in Riverside County and a much higher percentage of daily traffic along this route is comprised of Riverside County commuters. The Commission has been working cooperatively with the Orange County Transportation Authority (OCTA) to deliver this project. All told, the CTC awarded $71.4 million for this project. Assuming half of the value of the SR-91 project with Orange County, the total amount awarded to Riverside County for transportation improvements from this program totals a little more than $232 million. This would exceed the amount that the county would receive via a formula based on population although it falls short of the original request. The CMIA program is only one component of Proposition 18 and the Commission will remain active in attempting to gain additional funding from other funding programs including the Trade Corridors Investment Fund (TCIF), which will focus on goods movement -related projects. A working group has been formed to develop criteria for these projects and the Commission is actively participating. Attachment: Legislative Matrix Agenda Item 7J 62 RIVERSIDE COUNTY TRANSPORTATION COMMISSION - POSITIONS ON STATE AND FEDERAL LEGISLATION Revised: • 3/6/07 • a,:' •. � ? _. & . y e .; ``�' Y° "4�7;.; '# ;$: , ,�;. +£a gga ;9,`y. `:^b fe..&�?'9'�. ".flp.' '' ,9 ` �k' 4 e,�" 1 &' �, g t �' � fit` s n. '. ik . � s. ' .x *,M.A« i V 'ivC,.Y. ;91j.'M.�'o�u. �v�r r,, r��y:.. £: apY- . fit' STATE LEGISLATION AB 1240 (Benoit) Provides RCTC with legislative authority for design build contracting. on Perris Valley Line Metrolink extension. Introduced.2/22/07 SPONSOR 3/14/07 AB 1295 (Spitzer) Spot bill to be amended in the future to provide RCTC with the authorization to construct and operate High Occupancy Toll Lanes Introduced 2/23/07 SPONSOR Part of Western Riverside County highway delivery plan SB 9 (Lowenthal) ' Spot bill that will establisha process for the selection of transportation projects tote funded from the Trade Corridors Improvement Fund (TCIF) of Proposition 1 B. The TCIF is a $2 billion fund: Introduced 12/04/06 Monitor 01 /10/07 SB 19 (Lowenthal) Spot bill that will define conditions and criteria for projects .to be funded under the $1 billion account created by Proposition 1 B dedicated to reducing emissions related to goods movement. Introduced 12/04/06 Monitor. 01 /10/07 SB 45 (Perata) Spot bill intended to set up the application process for allocations from the Transit System Safety, Security, and Disaster Response Account from Proposition 1 B. Introduced 12/22/06 Monitor 01 /10/07 SB 47 (Perata) Establishes the eligibility, matching fund requirements, and application: process for Proposition 1 B funds under the $1 billion State -Local Partnership Program. The State -Local Partnership Program is to be administered by the California Transportation Commission: (CTC). Introduced 12/22/06 Monitor 01 /10/07 SB 53 (Ducheny) Requires Caltrans to establish performance measures that :will allow the departmentto issue an .annual rating of the overall quality. of the state highway system. Ca!trans would be required to report to the Legislature on how resource, staffing, and 9� g programming decisions impact the overall condition of the state highway system (in terms of distressed lane miles, bridge conditions, and life cycle costs). SB 53 would require Ca'trans to consult with agencies such as ROTC in developing its performance measures. Referred to. Senate Committee on Transportation and Housing .: SUPPORT IN CONCEPT 2/14/07 SB 56 (Runner) FEDERAL LEGISLATION. Establishes a 1 0-year pilot program for design -build projects, administered by the CTC'. Referred to Senate Committee on Transportation and Housing SUPPORT 2/14/07 H.R.5576 (Rep. Knollenberg, R- M,I) Appropriations bill for the Departments of Transportation, Treasury, Housing and Urban. Development, the Judiciary,:. and the District of Columbia. The House. and Senate reports on this bill contain a' combined $.6.5 million for Riverside County transportation projects, including $3.0 million for the Perris Valley Line Metrolink Extension. House and Senate reports issued: Monitor 01 /10/07 • AGENDA ITEM 7K • • RIVERSIDE COUNTY TRANSPORTATION COMM/SS/ON DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Budget and Implementation Committee Mark Massman, Bechtel Project Manager Karl Sauer, Bechtel Project Coordinator THROUGH: Eric Haley, Executive Director SUBJECT: Agreement No. 02-31-009-02, Amendment No. 2, SC Engineering to Provide Additional Engineering Environmental Studies for Proposed Improvements to Route 91 from Adams Street to the 60/91 /215 Interchange . with and State BUDGET AND IMPLEMENTATION COMMITTEE AND STAFF RECOMMENDATION: This item is for the Commission to: 1) Approve Agreement No. 02-31-009-02, Amendment No. 2, with SC Engineering to provide additional engineering and environmental studies required to finalize the project report, environmental document and geometric approval drawings for the proposed improvements to SR-91 from Adams Street to the 60/91 /215 Interchange, for a total amendment .amount of $280,977; and 2) Authorize. the 'Chair, pursuant to legal counsel review, to execute the amendment on behalf of the Commission. BACKGROUND INFORMATION: At its January 12, 2000 meeting, the Commission committed to support the widening of SR-91 between Mary Street and 7th Street, in the city of. Riverside by adding one high occupancy vehicle (HOV) lane in each direction. At that time, the estimated project cost was $170.7 million. At its November 8, 2000 meeting, the Commission approved $20 million of Transportation Congestion Relief Program (TCRP) and $15 million of Regional Improvement Program (RIP,) funds for the project.' The preliminary phase of the project was proposed to be funded with a portion of the $20 million of TCRP funds. To expedite this project, Caltrans and the Commission agreed to be the lead agency and contract out for consultant services to provide preliminary engineering and environmental studies for the project.. Agenda Item 7K 65 At its July 11 2001 meeting, the Commission authorized the award of Agreement No. 02-31-009 to SC Engineering for a total amount of $1,274,430 to provide preliminary engineering and environmental studies for the project. At 'the 'end of .2004, Caltrans was nearing completion of the SR-91 'auxiliary_ lane project from Tyler Avenue to Madison Avenue in the city of Riverside: This project added auxiliary lanes to SR-91 and modified the termination point of the eastbound HOV lane near Mary Street. To the east, Caltrans was finalizing the design .for the improvements to the 60/91 /215 Interchange project. The original scope of the SC Engineering agreement did not extend all the way to the ongoing Caltrans improvements for the auxiliary lane project or the 60/91 /215 Interchange improvement project. Therefore, at its January 12, 2005 meeting, the Commission' approved Amendment No. 1 with SC Engineering for a total amendment amount of $306,216 for additional engineering and environmental studies required `''for the extended: project limits. The work on this project has been ongoing and is currently ;scheduled to be completed by late summer of 2007. However, during the course of the work, there have been - several new environmental and engineering requirements, which were not . included in the original scope of the work and could not have been anticipated. This additional environmental, engineering scope and respective cost of $180,977 is outlined in the attached SC Engineering letter dated 'February `5, 2007. Staff has reviewed and concurs: with the attached SC Engineering scope and cost proposal. Staff is recommending that the Commission approve Amendment No., 2 with SC Engineering to provide additional engineering and environmental studies required to finalize the project report, .environmental document and geometric approval drawings for the ;proposed improvements to SR-91, from`Adams Street to the 60/91 /215 Interchange, for an amendment amount of $180 977 plus $100,000 , in contingency. • This will bring the ,total not to exceed: project cost for both the original contract and Amendments No. 1' and. No.. 2 to $ 1 °,861,623. This project recently received :CTC approval ' for Corridor Mobility Improvement . Account (cmlA) bond funding.. Staff recommends including an additional , $100,000 as ` contingency for the project to assure completion of the environmental phase and as an extra measure to ensure that unanticipated, issues that may come up can be addressed. Agenda item 7K 66 • • • Financial Information In Fiscal Year Budget: No Year: FY 2006/07 Amount: $280,977 Source of Funds: Traffic Congestion Relief Program (TCRP) Budget Adjustment: Yes GLA No.: 222 31 81101 P3005 Fiscal Procedures Approved: \7 rs 1,1,2v r o Date: 2/26/07 Attachment: SR-91 HOV Project Scope and Cost Dated February 5, 2007 Agenda Item 7K 67 • TRANSPORTATION- TRAFFIC- CIVIL ENGINEERING PROJECT/CONSTRUCTION MANAGEMENT November 16, 2006 (Revised February 5, 2007) Route 91 from Adams Street to the 601215 interchange HOV Widening SC File:91 HOV-01-01. Riverside County Transportation Commission 4080 Lemon Street, 3`d Floor Riverside, CA 92502-2208 Attention: Mr. Karl Sauer Project Coordinator Subject: Amendment No. 2 Additional Environmental and Design Services Dear Mr. Sauer: Itemized below is a detailed description of additional items that were not anticipated to be performed in the original scope of work: 1. Additional services, outlined below, required to revise the environmental technical studies and Environmental Document due to responses to Caltrans comments dated October 5, 2006, additional Caltrans Reviews, and the time extension of the project. These services were not included in the original scope of work and budget. SCOPE OF ADDITIONAL SERVICES A. Additional Project Environmental Items (LSA and Associates) a) Environmental Project Management/Meetings - Previous Addendum covered project management and meetings through September 30, 2006. The current Addendum covers projectmanagement and meetings for an extended project schedule from October 1, 2006, through August 31, 2007, the estimated date for FHWA approval of the Finding of No Significant Impact. LSA's attendance up to six Project Development Team meetings .or other meetings its covered' by this Addendum.At the direction of Riverside County Transportation Commission (RCTC), LSA will attend additional meetings on a time -and -materials basis. b) Eliminated/Deleted Item. . c) Revisions to the Draft IS/EA to Address Updated Technical Studies and Changes to Project Design - This task includesrevisions to the Draft IS/EA to address: updated Air Quality Analysis (with PM 2.5 and MSAT analyses), revised ,Noise Analysis (with soundwall at the Christian Day School), updated traffic data provided by SC Engineering, and changes in the project design such as those at the Pachappa ,UPRR overhead. This task also includes additional services by LSA cultural staff to determine cultural requirements to address upgrading- the Christian Day School for noise abatement purposes. Services include researching. the age and historic status of the school building, conducting a site visit that includes a visual survey of the building, and coordinating with Caltrans cultural staff. As a result ,of the decision to provide a soundwall at the ,school instead of upgrading the building, unanticipated revisions to the Draft iS/EA are required: d) Revised Air Quality Analysis Including MSAT Analysis - LSA will prepare a mobile source air toxics (MSAT) analysis for the proposed, project using the Federal Highway Administration's (FHWA) Interim Guidance on Air Toxic Analysis in NEPA Documents (February 3, 2006). The results of the MSAT analysis will be incorporated into the Air. Quality Technical analysis, andthe updated Air Quality Analysis will be submitted to Caltrans for review and approval. Once the final Air Quality Analysis, including the MSAT analysis, has been approved by Caltrans, LSA will incorporate those results into the. Environmental Assessment/Initial Study (EA/IS). Sewing tote gcanstu station SVizeii of at: da:net E+n#12e andditg6 2:3esed - Headquarters 14890 Seventh Street, Unit B Victo CA 92392 760-955-77160-555-6130-i=AX Mr. Karl Sauer, Project Coordinator Riverside County Transportation Commission November 16, 2006 (Updated February 5, 2007) Page 2of3' e) ..Christian Day School — Abatement of Interior Noise Levels - Per the October 5, 2006, comments on the Draft EA/IS, comment number 79, Caltrans has reopened the .. Noise Analysis that was approved on December 14, 2005. LSA completed the Noise Analysis per the original scope and budget (see the April 2002 Agreement for Consulting Services, Exhibit A, Statement of Services, Task .C, 2, b) and per the Noise Analysis scope and budget in LSA's September 20, 2004, Change Order Request No. 5. Additional services, not included in the authorized Noise Analysis scope and ,budget, are now required to address Caltrans comment number 79 regarding the validity (reasonableness) of the proposed "soundwall at the Christian Day School. The school requested that a soundwall be provided at the south side of their property. RCTC has agreed to construct :the wall; therefore, the reasonableness of the soundwall is no longer a concern. Based on the school's request to provide a soundwall and RCTC's agreement to construct the wall, Caltrans final decision . is that noise abatement at the schoolwill be accomplished by construction of a soundwall. Caltrans has requested. that the Noise Analysis be updated to address construction of the soundwall at the school. This task includes coordinating with SC Engineering and Caltrans; conducting interior ,noise monitoring (at Caltrans request) at the Christian Day School on October 25, 2006, revising the Noise Analysis to address the soundwall, and resubmitting the Noise Analysis for 'Caltrans review and . approval. Level of Service (LOS) Analysis - Per. Caltrans most current. review of. the Geometric Approval; Drawings (GADs) and Draft Project Report (DPR)', Caltrans and RCTC agreed, that an local street/ramp : intersection LOS analysis would be required for existing (2002) and design year 2030 for all feasible alternatives (Alternative 1 (No Build), Alternative 2, and Alternative 3 (Locally Preferred Alternative)). Because the project was an HOV extension (gap closure) project, a local street/ramp intersection LOS analysis is not typically required, butbecause :minor improvements were being proposed at the ramp intersection, it was concurred that a local street/ramp intersection LOS be performed. In addition, in order to demonstrate improvements to the mainline freeway; Caltrans and RCTC agreed to further breakdown the LOS of thefreeway mainline by developing Volume/Capacity for the freeway segment instead of passenger cars/kilometer/lane. The following services were -not included in the original scope of work and budget.. A. Level of Service (LOS) Analysis a) Local Street Intersection LOS —, As:,request of Caltrans Design !;Oversight, prepared ;a Traffic. Intersection LOS Analysis for; existing (2002) and projected year 2030 for Alternative 1 (No Build), Alternative 2, and, Alternative 3 (Locally Preferred Alternative) for the; following ;locations:- The, LOS was not original required or included in the Scope of Work since the Project was; an extension of the HOV: > Madison Street. Eastbound Ramp Intersection • Central Avenue Ramp Intersections > 14th Street. Ramp Intersections the including Vine Street Alternative. • 9th Street and 1Oth.Street Westbound Ramp Intersections b) " Volume/Capacity (WC) Freeway "Mainline LOS — Prepare a V/C LOS Analysis for existing (2002). ;and .projected year 2030 for Alternative 1 (No Build), Alternative 2, and -Alternative 3 '(Locally Preferred Alternative) for the following locations mainline segments: Madison Street to Arlington Avenue Arlington Avenue to Central Avenue Central Avenue to 14th Street 14th Street to Mission Inn/University Avenue 69 • • • Mr. Karl Sauer, Project Coordinator Riverside County Transportation Commission November 16, 2006 (Updated February 5, 2007) Page 3 of 3 B. Geometric Approval Drawings — As a result of updated standards (May 2006 and November/December 2006), in the Highway Design Manual resulted in various design features to be updated to meet current standards. In addition, previously agreed to non-standard design features were deemed non acceptable for current Caltrans staff. Due to updated revisions impacted the following project features: a) Extend/Reconstruct the Madison Avenue Eastbound Entrance Ramp to eliminate non-standard gore slopes. b) Re -Strip Arlington Avenue to the Westbound Entrance Ramp to provide for dual left turn lanes to increase storage and improve the LOS of the intersection. c) Re -Design Arlington Ave Eastbound Entrance Ramp to improve the ramp deceleration length. d) Re -Design Eastbound Arlington Ave to Central Ave Auxiliary Lanes to eliminate weaving distance from the eastbound Arlington Ave entrance ramp to the mainline freeway. e) Re-Design/Extend Eastbound Central Ave Exit Ramp to eliminate non-standard gore slopes. f) Re -Design Lime Street/10th Street Westbound Entrance Ramp to provide for dual left turn lanes to increase storage and improve the LOS of the intersection. g) Incorporate English Equivalent at on GADs to provide for the standard bridge structure width and proper placement of retaining walls. h) Update Pavement Delineation files related to items a) thru g). i) Investigate Riverside Avenue/Westbound Exit Ramp Separation to eliminate potential traffic conflicts between the scissor ramp intersection. j) Develop Existing Freeway Mainline Freeway Profile/Superelevation Diagrams to determine if any non-standard features existing on the mainline freeway. k) Develop Design Profile Mainline Freeway Grade Profiles (CL Offset and ETW) to determine if any non-standard features will be developed at the freeway/ramp diverge and merge areas. I) Update Advisory and Mandatory Design Exceptions to updated Highway Design Manual. m) Update Design Checklist (DIB 82 Updated April 2005 and December 2006) C. Project Report — Updates and revisions related to inclusion of the LOS for all viable altematives, and updates related to the GADs. a) Project Report Updates per LOS Analysis. b) Project Report Layout Plan Updates per Geometric Approval Drawings Revisions. c) Project Management, Administration, and Project Meetings. Once again, I appreciate the opportunity to serve RCTC and assist in the process of the approval of the necessary documents and provide a safer transportation facility in Riverside County. Should you have any question, do not hesitate to call me at 760-955-7712. Sincerely, SC ENGINEERING Sal Chavez, PE Principal/Project Manager cc: Project Files-55 Marlin Feenstra, RCTC 70 State Route 91, HOV Widening Additional Environmental and Design Services MP Task Estimated No. of Sheets "Estimated Hrs/Sheet Estimated Hours Firm Cost 1. Additional Project Environmental Items A. Environmental.` a) Project Management and Meetings 1 88 88 LSA $13,200 0 0 0 LSA $0 c) Revisions to Draft'IS/EA due. to Updated Technical Studies 1 150 150 LSA $15,640 d) Revised Air Quality.& MSAT 1 40 40 LSA $5,120 e) Christian School Noise Abatement 1 44 44 LSA $5,470 1 0 0 LSA $0 Subtotal 5 322 LSA , ' $39,430 2. Additional Project Development/Design items A. Level of Service (LOS) Analysis a) Local Street Intersection LOS Analysis Existing, Alternative 1, 2, & 5 (Year 2002 & 2030) . Madison Street Eastbound Ramps 1 32 32 SC $2793. . Central Avenue interchange . - 1 48 48- SC $4,189 14th Street Interchange (Including Vine Street Altemative) 1 64 64 SC $5,585 9th and 10th Street Westbound Ramps 1 40 40 SC $3,491 ,b) Volume/Capacity (V/C) Freeway Mainline LOS.: 1 22 22 SC $1,920 Subtotal 206 $17, 977 B) Geometric Approval Drawings (Horizontal & Vertical) 10 a) Extend/Reconstruct Madison Ave EB Entrance. Ramp b) Re -Strip Arlington Avenue to WB Entrance Ramp 2 1 24 20 48 20 SC SC $4,189_ = $1,745 c) Re -Design Arlington Ave EB EntrancaRamp 2 24 48 SC $4,189 d) Re -Design EB Arlington Ave to Central Ave Auxiliary Lanes 2 24 48 SC $4,189 e) Re-Design/Extend EB Central Ave Ramp 2 24 48 SC $4,189 f) Re -Design Lime Streei/10th Street WB Entrance Ramp 1 32 32 SC $2,793 .. g) Incorporate English Equivalent at on GADs 8 16 128 SC $11,170 h) Update Pavement Delineation Files 10 18 180 SC $15,708 i) Investigate Riverside Avenue/WB Exit Ramp Separation j) Develop Existing Freeway Profile/Superelevation Diagrams 3 10 16 10 48 100 SC`. , SC $4,189 $8,727 k) Develop Freeway Design Profile Grade Profiles (CL Offset and E 10 24 240 SC $20,944 I) Update Advisory and Mandatory Design Exceptions 1 84 84 SC $7,330 m) Update Design Checklist.(DIB 82) 1 40 40 SC $3,491 Subtotal 1,064 $92,852 C) Project Report a) Project Report Update per LOS Analysis 1 88 88 SC $7,679 b) Project Report Layout Plan Update per GADs 12 12 144 SC $12,566 c) Project Management/Administration/Project Meetings 1 120 120 SC $10,472 Subtotal 352 $30, 718 Subtotal 1,622 $141,547 TOTAL 1,944 $180,977 Budget Addendum 02_11.09.2006R3 71 COST PROPOSAL WORKSHEET COMPANY: SC ENGINEERING State Route 91, HOV Widening Additional Environmental and Design Services SCOPE OF WORK Additional Environmental and Design Items PROJECT: . State Route 91, Adams Street to the Route 60/215 IC DIRECT LABOR Sal Chavez Carl Sosa Vacant John Davis Frank Ramirez Mayola Galvez Vacant Carol Chavez MULTIPLIERS Project Manager Senior Engineer Civil Engineer Civil Engineer CADD Operator/Technician CADD Operator/Technician Landscape Architect Project Controls DATE REVISION November 16, 2006 February 5, 2007 MILESTONE/PHASE/PROJECT SUMMARY: SUMMARY 163 $ 50.00. $8,150 324 $ 44.50 $14,418 0 $ $0 422 $ 35.00 $.14,770 470 $ 23.00 $10,810 243 $ 18.00 $4,374 0 $ $0 0 $ 20.00 $0 TOTAL HOURS1 1,622 1,622 ESCALATION @ (RATE) GENERAUADMINISTRATIVE @ PAYROLL ADDITIVES @ , OTHER DIRECT COST Reproduction Cost 116.57%. (of Total Direct Labor + Escalation) 28.43% (of Total Direct Labor + Escalation) 145.00% k 0 $ 61,224.90 $ 14,932.00 $52,5.22 OUTSIDE SERVICES (w/o fee LSA""& ASSOCIATES ASSOCIATED ENGINEERS GROUP DELTA TYLIN'INTERNATIONAL AEI -CAS_ C ADM TOTAL OTHER;DIRECT EXPENSES $0' $39,4,30. $0 $0 FEES `SC ENGINEERING @' TOTAL OTHER DIRECT EXPENSES $39,430 Budget Addendum 02 11.09.2006R3 10% (of Total Direct Labor + Total. Multipliers 72 $ 12,867.89, TOTAL MULTIPLIERS $12,868. SUBTOTAL COSTI ":'t $180,977 EXCESS BUDGE Tf $0 ' f TOTAL COST $180,977, • LSA • LSA ASSOCIATES, INC. 20 EXECUTIVE PARK, SUITE 200 IRVINE, CALIFORNIA 92614 January 22, 2007 Mr. Sal Chavez SC Engineering 14318 California Avenue, Suite 104 Victorville, CA 92392 BERKELEY FORT COLLINS RIVERSIDE 949.553.0666 TEL CARLSBAD PALM SPRINGS ROCKLIN 949.553.8076 FAX COLMA POINT RICHMOND SAN LUIS OBISPO Subject: Revised Contract Change Order No. 7 for the State Route 91 (SR-91) Improvement Project from Brockton Avenue/Mary Street to the 91/60/215 Interchange in the City of Riverside Dear. Mr. Chavez: This letter addresses Change Order Request No. 7 by LSA Associates, Inc. (LSA) for the proposed widening of SR-91 between Adams Street and the 91/60/215 interchange to accommodate high occupancy vehicle (HOV) lanes (one HOV lane in each direction) through the City of Riverside. This budget augment request covers the additional services outlined below including project management and meetings for the extended project schedule from October 1, 2006, through August,31, 2007; additional rounds of Caltrans review and comment; addressing Caltrans, June 20, 2006, and October 5, 2006; comments on the Draft Environmental Assessment/Initial Study (EA/IS); and preparing the mobile source air toxics (MSAT) analysis and updating the Air Quality Analysis to include it. The following services were not included in the original scope of work and budget (LSA proposal dated April 10 2002, and Exhibit D to the original contract): (1) Contract Change Order No. 1 (LSA- letter dated August,23, 2002), (2) Contract Change Order No. 2 (LSA letter dated July 28, 2003), (3) Contract Change Order No. 3 (LSA letter dated January 27, 2004), (4):Contract :Change Order No 4 (LSA letter dated. June 4, 2004), (5) Contract Change Order No. 5 (LSA letter dated September 20, 2004-), or (6) Change Order: No. 6 (LSA e-mail dated July 20, 2006). SCOPE OF ADDITIONAL SERVICES Task l: Project Management and Meetings Change Order No. 5 covered project management and meetings through September. 30, 2006. The current Change Order covers project management and meetings for an extended project schedule from October 1, 2006, through August 31, 2007, the estimated date for FHWA approval, of the Finding of No Significant Impact. LSA's :attendance at up to six Project Development Team meetings or other" meetings is covered by this Change Order: At the direction of SC Engineering and/or the Riverside County Transportation Commission (RCTC), LSA will attend additional meetings on a time -and - materials basis. The cost of these services is $13,200. 0122/07 leASAE230\Co-respondence\CO7 revised3.doa> PLANNING ONMENTAL i DESIGN LSA ASSOCIATES, INC. DELETED 'TASK Task 2 Responses to Caltrans October 5, 2006, Comments on the Draft EA/IS This task addresses services required to respond to Caltrans June 20, 2006, and October. 6, 2006, comments (34 comments and 81 comments, respectively) on the Draft EA/IS document submitted to Caltrans for review on May 5, 2006.. After the IS/EA scope and budget were prepared, Caltrans , District 8 began working towards the goal of being awarded full NEPA oversight through a Programmatic Agreement (PA) with FHWA. The PA would allow District 8 to sign environmental documents for federally fundedprojects with FHWA oversight. While this is a positive step forward . by Caltrans in streamlining, the result on the SR-91 IS/EA was an intense level of review and .comment by Caltrans District 8 that wasn't anticipated_ in LSA's scope and budget for the IS/EA. The May 2006 . Draft EA/1S:prepared ,by LSA is a comprehensive and thorough document that is commensurate with=. ; the level of effort anticipated by LSA, follows Caltrans guidelines for preparing EA/IS documents, and satisfiesthe requirements of CEQA and NEPA. Responding to these comments will, require a substantial work effort that exceeds the level of effort originally scoped by LSA for; preparing the Draft EA/IS. The cost of these additional services is $15,160. Task 3: Revisions to the Draft IS/EA to Address Updated Technical Studies and Changes in the Project Design This task includes revisions to the Draft IS/EA to address: updated Air Quality Analysis (with PM 2.5 and MSAT analyses), revised Noise Analysis (with soundwall at the Christian Day School), updated traffic data provided by SC Engineering, and changes in the project design such as those at the Pachappa UPRR overhead. • This task also includes additional services by LSA cultural staff to determine cultural requirements to address upgrading the Christian Day School for noise abatement purposes. Services include researching the age and historic status of the school building, "conducting a site visit that includes a visual survey of the building, and coordinating with Caltmns cultural staff As a result of the decision to provide a soundwall at the school instead of upgrading the building; unanticipated revisions to the Draft IS/EA are required. The cost of these services is $14,3 80. Task 4: Revised Air Quality Analysis Including MSAT Analysis LSA will prepare a mobile source air toxics (MSAT) analysis for theproposed project using the Federal Highway Administration's (FHWA) Interim Guidance on Air Toxic Analysis in NEPA Documents (February 3,, 2006). The results of the MSAT analysis will be incorporated into the Air. Quality Technical analysis, and the updated Air Quality Analysis will be submitted to:'Caltrans for review and approval. Once the final Air Quality Analysis, including the MSAT analysis, has ;been approved by Caltrans, LSA will incorporate those results into the Environmental. Assessment/Initial Study (EA/IS), 1/22/07itPASAE23Korrespondence1CO7 revised3.doo> 74 LSA ASSOCIATES_ INC. The cost of these .services .is $5,120. Task 5: Christian Day School- Abatement of Interior Noise Levels Per the October 5, 2006, comments on the Draft EA/1S, comment number 79, Calimns has reopened the Noise Analysis that was approved on December 14, 2005. LSA completed the Noise Analysis per the original scope and budget (see the April 2002 Agreement for Consulting Services, Exhibit A, Statement of Services, Task, C, 2, b)`and per the Noise Analysis scope and budget in LSA's September 20, 2004, Change Order. Request No. 5. Additional services, not included in the authorized Noise Analysis scope and budget, are now required to address Caltrans comment number 79 regarding the validity (reasonableness) of the proposed soundwall at the Christian Day School. The school requested that a soundwall be provided at the south side of their property: RCTC has agreed to construct the wall; therefore, the reasonableness of the soundwall is no longer a.concern.. Based on the school's request to provide a soundwall and RCTC's agreement to construct the wall, Caltrans final decision is that noise abatement at the school will be accomplished by construction of a soundwall. Caltrans has requested that the Noise Analysis be updated to address construction of the soundwall at the school. This task includes coordinating with SC Engineering and Caltrans, conducting interior noise monitoring (at Caltrans request) at the Christian Day School on October 25, 2006, revising the Noise Analysis to address the soundwall, and resubmitting the Noise Analysis for Caltrans review and approval. The cost of these services is $5,470. DELETED. ITEMS COMPENSATION AND TERMS These services will be completed on a time -and -materials basis, with the total cost of Tasks 1 through 6 not to exceed $53,330. LSA will not exceed this amount without your prior authorization. This is LSA's best estimate of the cost of these environmental services based on our knowledge and understanding of the project at this time. However, changes in the project design; the project schedule; or Caltrans, FHWA, or resource agency requirements may result in additional tasks and associated costs. When the $57,130 for this change order request is added to the currently authorized budget of $433,106 (the original budget of $158,980 plus Change Order Request No. 1 for $25,525, Change Order Request No: 2 for $58,955, Change Order Request No. 3 for $14,476, plus Change Order Request No. 4 for $48,225, Change Order Request No. 5 for $123,445, and Change Order Request No. 6 for $3,500, the new total budget is $486,436. 01 /22/07 eASAE23OECorrespondence:CO7 revised3.doo) 75 LSA ASSOCIATES, INC. LSA requests approval of this change order request by SC Engineering and the RCTC. If you have questions, please contact me or King Thomas at (949) 553-0666. Sincerely, LSA ASSOCIATES, INC. Rob McCann President Attachment: Change Order Request No. 7, Budget. Spreadsheet cc: Ding Thomas SAE230: Billing File, SAE230 Project File 01/22/07«PASAE2301Correspondence1C07 revised3.doo> 76 • . • LSA ASSOCIATES, INC. NOVEMBER 2006 SR-91 Improvements Project (Brockton -Mary Street to 60/91/215 Interchange) PR Budget Augment No. 7—LSA Staffmg Allocations for Additional Environmental Services LSA Labor Classifications Total Hours Total Costs Task Task Description Principal Assoc PM Tech Analyst Graphics/GIS WP/Clerical by Task Direct Costs by Task 1 Project Mgmnt & Meetings 8 80 88 $400 $13,200 2 Responses to Caltrans Oct 06 Comnts 3 Additional Caltrans Reviews 6 24 72 12 36 150 $1,000 $15,640 4 Revised Air Quality & MSAT 2 . 20 8 4 6 40 $250 $5,120 5 Christian School Noise Abatement 2 6 6 20 4 6 44 $1,000 $5,470 TOTAL HOURS 18 130 14 96 16 48 322 $2,650 $39,430 . Billing Rate by Classification $200 $140 $110 $85 $105 $75 02/06/07 (PASAE230\Correspondence\Budget Augment 7 revised3 FINAL) 77 • AGENDA ITEM 8 • • • RIVERSIDE COUNTY. TRANSPORTATION COMMISSION DATE: March 14, 2007 TO: Riverside County Transportation Commission FROM: Shirley Medina, Program Manager THROUGH: Eric Haley, Executive Committee SUBJECT: 2006 State Transportation Improvement Program Augmentation STAFF RECOMMENDATION: This .item is for the Commission to: 1) Approve programming Western County formula projects: and submit to the California Transportation Commission (CTC); and 2) Concur with Coachella Valley Association of Government's (CVAG). project submittal for Eastern County formula funds and submit to the CTC. • BACKGROUND INFOR MATION: Proposition 1 B approved ,by the voters in November 2006, established various funding programs including a $2 billion set aside for the State Transportation Improvement. Program '(STIP). This $2 billion STIP Augmentation is proposed to be appropriated by the legislature in FY 2007/08. Unlike normal STIP cycles that add funding capacity in the latter years, the $2 billion appropriation in. FY 2007/08 will provide the Commission an opportunity to address current cost increases and begin work on projects that could lead to'earlier than anticipated construction start dates. The STIP Augmentation funding for Riverside County provides a highway target of $1.67,816,000. " The Corridor Mobility Improvement Account (CMIA) program that was approved by the CTC at its February 28t'' meeting called for full funding of the SR-91 high occupancy vehicle .> (HOV) project. This action was significant in that it allows the Commission to move forward with programming projects included in the 10-Year Delivery Plan, and cover cost increases on current STIP' projects in this 2006 STIP Augmentation cycle. If the Commission did not receive $158 million of CMIA funding, it would not have the ability to recommend any of the projects listed in this staff report because all of the Western County Formula STIP Augmentation funds would have been slated to fund the SR-91 HOV project. Agenda item 8 78 At its April 2006 meeting, the Commission directed staff to review the formula distribution during the next STIP cycle. In 2002, the Commission reserved STIP funding in the amount of $65,779,655 for Western County projects, and $8,300,000 for Eastern County projects with the intention of programming these funds in the next STIP cycle. However, the 2004 STIP cycle did, not result in available capacity due to the state budget crisis. The .2006 STIP cycle resulted in approximately $50 million capacity, which was primarily programmed to cover cost _. increases on current STIP projects. Therefore, the 2002 STIP reservation funding has been taken off -the -top and added to the Western County and Eastern County subregions for programming. Additionally at its April 2006 meeting, the Commission approved a: fundtrade between the city of Blythe and the Commission to trade STIP- Palo Verde Valley formula funds with local Measure A funds as a result of the CTC's low priority for programming STIP funds on the local arterials. The above actions are included in the funding distribution table below:. 2006 STIP Intra-County Formula :. . Formula Distribution PPV Trade Sub -Total 2002 Reserves Available for Programming Western County $ 68,133,762 - $ 661,404 $ 68,795,166 $ 65,779,655 ' $ 134,574,821 Eastern County $.23,066,452 n/a $ 23,066,452 $ 8,300,000 $ 31,366,452 Palo Verde Valley $ 6.61,404 $ (661,404) $ 0 $ 0 $ 0 Refer to Attachment 1 for additional details. Project: Recommendations Project recommendations for Western County formula :.fUnds are included below. CVAG is responsible for developing recommendations for Eastern County projects.,. This information will be provided to the Commission prior to the CT.C's April 2"d submittal deadline. CVAG has indicated that it will continue to support funding needs on the 1-10 Ramon Road/Bob Hope' Drive interchange project, which '; has experienced cost increases.: , Western County Highway Projects As indicated above, the amount for Western County formula funds' for highway for , programming is $134,574,821. The following projects are being recommended. for STIP funds: 79 Project : STIP Amount Comments 1-215=:widening, 1-15 to Scott Road (PA&ED, PS&E, Construction) $ 23,751,000 Measure project / Fully funds CMIA project 1-215 widening, Scott Road to Nuevo Road (PA&ED, PS&E, RNV) $ 22,835,000 Measure project / Provides . pre -construction ,funding 1-10;truck climbing lane (PA&ED, PS&E, RNV) $ 7,750000 Measure project / Provides pre -construction funding SR-71 /91 Interchange Connectors (PA&ED, PS&E) $ 11,885,000 Measureproject / Provides pre -construction funding 1-15 French Valley Parkway Interchange $ 31,545,000 Current STIP project / Completes construction funding SR-91 /Van Buren Boulevard Interchange *TBD Current STIP project / Cost increase 1-15 California Oaks Road / Kalmia Street Interchange- *TBD Current STIP project / Cost increase 60/215 East Junction Connector $ 768,000 Measure project/STIP project Cost increase * Currently reviewing funding amounts with. local agencies. Non -Highway Funding The 2006 STIP Augmentation also identifies funding for non -highway projects. These projects are funded from a separate revenue account called the Public Transportation Account (PTA). The . Riverside County share of PTA funds is $22,978,000. The STIP Intra-county Formula for the PTA funding results in the following distribution: STIP PTA: $22978,000 Western County $17,042,783 Eastern County $ 5,769,776 Palo Verde Valley $ 165,441 Staff will discuss programming options with CVAG and Palo Verde Valley for these funds. Should CVAG and Palo Verde Valley require more time to select viable" projects, the Commission will program the full PTA amount on the Perris Valley Line and makethe appropriate adjustments to the formula for the 2008 STIP cycle. Next Steps Upon the Commissions' approval of the 2006 STEP Augmentation projects, staff will prepare the nomination sheets and support information for submittal by the April 2"d deadline. Staff will also continue working . with local agencies and CVAG Agenda Item 8 80 to coordinate STIP project submittals. The CTC will. approve the 2006 STIP Augmentation at its June 7, 2007 meeting. Any changes to the staff recommendations will be brought forward to the next scheduled Commission meeting. The STEP fund trade with Palo Verde Valley/Blythe will be formalized.. through an agreement. STIP projects must also be included in the Federal Transportation. Improvement Plan (FTIP) and staff will coordinate this effort. Attachment: 2006 STIP Intra-County Formula Agenda Item 8 81 • • • 2007 STIP Augmentation Intra-County Formula for New Program Capacity (2007 Formula Adjustment) Target Scenario (through 2010-2011) New capacity available for 2006 STIP programming STIP Unprogrammed County Share Balance 2002 STIP Reserves: Coachella Valley Western County Total Reserves Unprogrammed County Share Balance $ 8,300,000 $ 65,779,655 $ 74,079,655 2% PPM Programming Formula Breakdown: Formula Percent Western County 74.17% $ 1,390,485 Coachella Valley 25,11% $ 470,744 Palo Ve 0.72%0 $ 13,498 $ 1,874,727 Total Available for Highway Programming Formula Breakdown: Western County Coachella Valley Palo Ve Total New Program Capacity Formula Formula Percent Distribution 74.17% $ 68,133,762 25.11% $ 23,066,452 0.72% $ 661,404 $ 91,861,618 82 $ 167,816,000 $ 74,079,655 $ 93,736,345 $ 1,874,727 $ 91,861,618 Sub -total PPV trade Formula Dist $ 661,404 $ 68,795,166 $ 23,066,452 $ (661,404) $ $ 91,861,618 2002 STIP Reserve $ 65,779,655 $ 8,300,000 0 $ 74,079,65$ Total Available for Programming $ 134,574,821 $ 31,366,452 0 $ 165,941,273 0 Ts° a) ri) a. 1-1 co o 0 (sAemg6N aoj uomq Z$) uonq 9'Z$ (sitemg6N Jol uo!ll!Lu uo!II!q 6' I.$ uoullua g $ uo!IIlq 9'E$ uolll!q 5' 1-$ uo!II!q 917$ '6ny dilS 900Z• - d IlS 900Z• - dllS i700Z• - dl1S ZOOZ• - d 11.S OOOZ• - d I lS 966 1.• :Apedeo puns 6u!mollol aul peWald sepAo daS apinnalelS lsed 'sloafoad aol 6u!punl. leuoupe saeeA meu omi u! s6upq epAo d11S uoe3 itic4s i Buipund (dus) weaf6oad 4u91.119n0idcul uopepodsuau emS UOM:1zu2uo u ur o ijsuea} sseua a01 W ZZ � sAenny6iu a01 W 891,$ :W 061-$ le Ta6ae1 aaeyS Alunoo apisaanN sauguapi ai.euai}s3 punk dI1S 6uipund algelieny uogewaw6ny dllS • saRinRoe (VIdd) 6uiao}iuoW pug `6uiwuaea6oad `6uiuueld aol doh uawl si Apedeo nnau aye Jo %Z • einuaaol uoReindod y aanseaW aad AaIlen apaan oled pue "oo uaalse3 "oo uaaisaM spun} dllS salngiapQ . 866 1- u! o1oj Aq panoaddy . einwuod Awnoo-allul dlIS 0102:1 spun; dllS apes; o} now ue o;ui paaawa aney (eqi.Aig) AaIIeA apaaA of d pug 31321 W896$ Wdd %Z • AelleA apaaA oled • Awno3 weise3 • Muno3 weisem • Buipunid Aenny6 H buiwwaibald Aenni6H aneHeny ueid iGannap ae9A-0 6 saseanui isoo Toafoad dI1S waaano (VINO) lun000y wauaanoadual AmigoW aopiaaoo jo awooinp :suoReaapisuoo Aayi spunk einuaaod Alunoo uaalsa/N aoj suoppuauauaooaH gelS 01021 • }oafad punj Aug papuauaoo eq IHAA spunk y aanseaW ao/pue salpAo dllS aanlnJMM -sanuenaa Ilol Lap aoueleq u0111P 9£'Z$ 6umuni si V10O* 91.0'06 papunj AIlnj ** ** M2jN6lsaa/nua„ papunj �IlnJ u6paa'S nuD** papunj �Ilnd papuni Auld. 0 0 9£8`ZZ 1.9L`EZ 998 ` 1.1 0 0 s}uewwoo bnay dllS 80Z`L9Z 60 6 `888 0 0 0 0 OL9'8£ 0 861 `191, Ott` LL panoaddy $ 000. $) 9V9` 1.E 1.08`601. 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BACKGROUND INFORMATION: The initial step in the budget process is to develop policy goals and objectives for the next fiscal year. These goals and objectives are to be consistent with the Commission's overall strategic direction. The goals and objectives for FY 2007/08 reflect the continuation of the transition planning efforts related to the current and new Measure A and the delivery of promises made to the citizens of the county of Riverside. Using the Commission's guiding principles, staff has updated the attached goals and objectives for the FY 2007/08- Budget. Attachments: Proposed. Goals and Objectives for FY 2007/08 Budget Agenda Item 9 83 Commission Policy Goals and Objectives The following material outlines the Commission's adopted policy goals, objectives and financial policies that serve as the framework for the work plan presented in the FY 2007/08 Budget. Mobility Initiatives The Commission, in cooperation with local, state, and federal agencies, will strive to Create a transportationsystem that .promotes efficient mobility- both within the County and regionally. This effort will increase in its intensity in FY 2007/08 as a result of the completion in 2006 of a 10-year delivery plan program and updated Measure A revenue projections. California voters in 2006 approved Propositions 1 A and 1 B, which will provide: a number of opportunities and challenges for the Commission. The added state funding, along with the ongoing growth of Measure A revenue, compels the Commission to accelerate projects and provide transportation improvements throughout the County. The 10-Year Delivery Plan, approved in December 2006, will be an important component in meeting highway needs in Western County, but the Commission will also have to work with partners including Metrolink, CVAG, and WRCOG to deliver transit services, improve highways and arterials in the Coachella Valley, and ensure rapid investment of TUMF dollars in Western County. The following are emphasis areas for the Commission in FY 2007/08: • Maximize the use of innovative financing to support the implementation of the 2009 Measure A 10-Year Delivery Plan. • Develop the toll program consistent with the 2009 Measure A 10-Year Delivery Plan. • Continue to work with state and federal agencies to program and construct projects in the STIP, CMIA/bond programs, the Measure A program, and other high priority projects. • Maximize the effective application and use of TUMF funds to deliver eligible Commission priority projects and plan for the post-2009 Commission role in TUMF project delivery. • Work closely with local jurisdictions to implement the FY 2007-2009 TUMF Regional Arterial Program and facilitate the delivery of arterial improvements in Western County. • Continue work on the project level environmental document for the Mid County Parkway, one of the CETAP corridors. Initiate geotechnical field exploration, testing services, and technical evaluation for the proposed Irvine -Corona Expressway., • Continue next steps on the Riverside County -Orange County CETAP corridor as outlined in the MIS's Locally Preferred Strategy. • Actively participate in the SR-91 Advisory Committee to facilitate near and long-. term improvements to SR-91; enhance intercounty public transit options and foster the development of a new corridor between the two counties. Advocate streamlining efforts at the state and federal levels to facilitatetimely project reviews and approvals. Coordinate and provide public access to commuter information to foster the use of. alternate modes of transportation such as ridematching for car/vanpooling; transit through the provision of a regional trip planner, and real-time traffic information for congestion avoidance. Continue seeking FTA Small Starts funding to support the initiation of the :Perris Valley Line commuter rail service by 2010. Continue to develop a vision of transit service for Riverside County. Goods Movement The Commission will work with federal, state, and local governments to facilitate the movement of goods and services to, within, and through the County, recognizing the vital role mobility plays in the economic health of the County, the State, and the nation. . • Seek funding and local agency concurrence to implement the Commission's approved, high -priority railroad grade separation priority list to mitigate the impact of increased goods movement demands on the transportation system: • Promote the use of rail corridors (including the 'Perris Valley Line within funding constraints) as an alternative to trucks for the movement of freight within the County and the region. • Work with county transportation commissions, local jurisdictions, Southern California Regional Rail Authority (SCRRA or Metrolink), ,the Southern: California Association of Governments (SCAG), and the private railroad companies toward the implementation of a coordinated regional approach to increase rail and highway capacity for goods movement that includes environmental and community impact mitigation. Improved System Efficiency The:. Commission will select projects and allocate funds in a. manner that will;mprove safety and reduce congested traffic corridors. Advocate the development and use of advanced technologies .for transportation applications that are affordable and practical Work with public and private interests to apply real-time technology to disseminate commuter information that will support the use of alternate modes and improve efficiency of the regional transportation system. Assure the effectiveness of transit planning through the annual:SRTP process with p goal toward promoting program efficiency and effectiveness. 85 • • Provide innovative commuter rideshare programs to reduce single occupant vehicle trips and coordinate with other regional rideshare service providers to address intercounty commute trips, • Support the deployment of a SCAG region 511 system that will make real-time traffic information available to commuters for the purpose of trip planning and congestion avoidance. Work with Caltrans and the California Highway Patrol (CHP) to continue providing a' motorist aid system which includes a call box program and an FSP. program including temporary services in freeway construction zones. • Continue development, in partnership with Caltrans and SANBAG, of the Inland Empire TMC. Environmental Stewardship The Commission will achieve its mobility goals while promoting environmental stewardship and protecting the area's natural resources and quality of life. • Continue working with the RCA to implement the MSHCP' and to assist in the assembly of the reserve system, -with a goal to utilize the Measure A commitment to the MSHCP as much as possible prior to the beginning of the 2009 Measure A program. • Work with SCAG, the South Coast Air Quality Management District (SCAQMD), sub -regional agencies, and local jurisdictions to develop and implement an RTP that meets regional air quality goals and conformity guidelines. • Support outreach and educational programs that promote the benefits of ridesharing, transit, rail, and availability of help through www.CommuteSmart.info, 1-800-COMMUTE, and 511. •. Facilitate private/public use of clean fuels technology. Economic Development Transportation decisions will consider the economic benefits derived from any improvement, and, where feasible and practical, will pursue transportation alternatives that enhance or complement economic development. • Support local agencies in the design and construction of interchanges that are in proximity to regional economic centers and developments. • Support local projects, consistent with countywide transportation goals, which enhance business development, local employment, and area tourism. • Foster the development of transportation technology research, education, and training efforts of public institutions within the County. Intermodalism and Accessibility County residents will be served, where economically feasible, through the development of transportation alternatives that consider the needs of a wide range of citizens. 86 Work with transit providers and local social service agencies to provide specialized transit service to meet a broad spectrum of socio-economic transit needs: . Integrate commuter assistance programs and marketing with transit in order to foster the use of alternative commuting modes. Implement the Commission's commuter rail SRTP and. the SCRRA long-range strategic plan for expansion of the commuter rail system benefiting Riverside County; constituents with: an emphasis on the Perris Valley Line, an extension from Riverside to Perris via .Moreno Valley. Public and Agency Communications The Commission will provide timely, informative, and accurate information to encourage informed public and agency participationin the Commission's decision -making processes. Promote a close working relationship with news . and civic entities to increase interest in and understanding of transportation and related issues: . Enhance the : provision . of public information through various forms of communication (e.g.,:website, television, Speakers Bureau, print media, radio, etc). • Maintain an ongoing effort of informing Riverside County's Congressional and State. Legislative delegations regarding County transportation issues. Post Commission agendas in accordance with Brown Act requirements.: Financial and Administration 'Policies Operating Budget Policies • The Commission shall budget no more than one percent (1 %): of Measure A sales tax revenue for, administrative salaries and benefits. • Administrative program delivery costs will be budgeted at whatever is reasonable and necessary, but not to exceed four percent (4%) of Measure A sales tax revenues (inclusive of the one -percent salary limitation). • Amounts will be budgeted by fiscal year for multi -year projects based onbest available estimates with the 'understanding that, to the extent actuals vary from thoseestimates and the project is ongoing, adjustments will be made on an ongoing basis. • The fiscal capital budget should be consistent with the strategic plan and deviations appropriately noted, explained, and justified. Revenue Policies • Sales tax revenue projections will be revised semi-annually to ensure use °of.current r and relevant data. Staff may adjust annual amounts to reflect the most *current economic trends. A strategic application of local funding sources will be used to maximize: federal and state funding of projects. Fiduciary responsibility regarding TUMF revenues shall be exercised, and revenues will be allocated pursuant to Commission direction and the approved 2009 Measure A. Debt Management Policies • The Commission will maintain 2.0x debt ratio coverage on all senior debt. • Debt issuance will be for major capital projects including engineering,, construction, and right of way. Operating requirements must be from current ongoing revenues. • Costs,of issuance including the standard underwriter's discount will not exceed two percent (2%)_ • While it is the intent of the Commission to establish a cash debt reserve for long term bond issuance, surety bonds can be obtained when beneficial to the Commission. • The commercial paper program will provide advance funding for projects included in the expenditure plan of the approved 2009 Measure A. The Commission will consider actions to lessen the restriction of the $500 million 2009- Measure A bonding cap, which could include the possibility of a ballot measure in 2008 to increase the cap. 88 Auditing, Accounting, and Financial Reporting Policies • The Commission will issue a Comprehensive Annual Financial Report (CAFR) in accordance with the GASB Statement 34 financial reporting model. An audit is to be conducted annually on the Commission's accounting books and records. As long as the Commission has outstanding bonds;an independent accounting firm must conduct the audit. • The Commission is responsible for ensuring that audits of Measure A and TDA funding recipients are completed and reviewed for compliance and other matters in a timely manner. An internal audit risk assessment program will be implemented to identify `. improvements in controls and procedures as well as best practices. Capital Planning and Programming Policies • Established priorities will be reviewed annually with the Commission: Reserve Policies The Commission will maintain a cash reserve at least equal to five percent (5%).of annual revenues (exclusive of reimbursements and matching funds). . The Commission will establish and maintain a transit operator's reserve of ten t percent (10%) for the Coachella Valley and Palo Verde Valley. Additionally, a ten percent (10%) reserve will be established and maintained for each of the Western ,County transit operators (public bus and commuter rail). CashManagement/Investment Policies Where possible, the Commission will encourage receipt of funds by wire transfer to its accounts. Balances in the bank operating account will be maintained at the amount necessary to meet monthly expenditures. • Idle funds will be invested per the Commission's established investment policy. emphasizing in order of priority: 1) safety, 2) liquidity, and';3) yield.; • Cash' disbursements to local .; jurisdictions and vendors/consultants will be completed in an expeditious and timely manner.. Human Resources Management Policies • Commission staffing levels will be consistent with the intent of its enabling legislation, which envisioned a.:small, but effective staff. •. Contract Staff and consultants will be used to augment staff efforts as mUch as p,ossible to support programs:, or work loads,.` which �� do root appear tobe of a permanent nature. 89 • Information Technology Policies • Significant effort will be made to maintain efficient and cost-effective technology infrastructure by continuously upgrading network equipment and software to ensure quality performance, productivity, and connectivity among staff, other agencies, and the public. Network security will continue to be a top priority to maintain the integrity of the Commission's network and information. 90 (1) CD 114: CD co I[FSidiIif/Gk Ta6pnq panoadda ui palaaodmoul . sleo6 6u!woodn salainoipy . uoi}oa qp oi6ai.alis saysygais3 . AaW ui uoissnosip Ta6pnq aoja6als slag . �I , a PI, , sanipafgp pue woo dOHSW NT 01 luewl! woo y aansem - ciNspaemeis lewewuclivw3 • aun Callen slued — Aemssaadx3 euoaoo-euinal AnApp pera d — wea6oad Doi - sani mein AmcioW aoinaas Hai aainwwoo aun Aallan spied all poddns o} 6uipuni. IIawS ` .LJ NeeS • Aemssaadx3 auwoo-auvul pasoda d auk aol uoRaaoldxa peg laoiuuoapa6 epijul AJenilap pera d dWf 1 600Z-lsod auk ui aloa siuoissiu W00 auk uald uaid kienpa aaaA-01 d a insaahl 600Z all gip waisisuoo weib ad aui dolanaa • • • 600Z 01-10Pd dOHSW aui wewl!wwoo d emseaW aul ezwin . d!tispenneis le;uaLuuoi!Au3 pug lo uovlope uoissivauaoo Te6pnq £ l aunt la6pnq pasodoad aoj 6uiaeay ongnd uad0— 6 AeW Ta6pnq pasodoad Jo nnainaa 091.11uaw00 1128— EZ I!adV • i h n. C4, 1 i..��� r State law requires that jurisdictions provide their "fair share" of regional housing needs. Local governments and Councils of Government (COGs) are charged with determining existing and future need, together with the California Department of Housing and Community Development (HCD). SCAG prepares the Regional Housing Needs Assessment (RHNA) for the six -county territory it represents. The last assessment covered the period January 1998 through June 2005. A Pilot Program to modify existing law and streamline the RHNA process was approved by the SCAG Regional Council: is the total regional housing need The State HCD determined that the total regional housing need for the SCAG region, covering the period from January 1, 2006 through June 30, 2014, is between 687,000 to 733,000 housing units. This means that SCAG must adopt a final allocation plan, or final RHNA, that is between this range. is SC G in ts MINA 9 SCAG's Regional Council adopted a final allocation methodology and draft allocation plan (or draft RHNA) on February 1, 2007. Local jurisdictions who are seeking adjustments to their draft allocation may file revision requests and/or appeals with SCAG until March 16, 2007. Hearings by the RHNA Appeals Board are scheduled to occur in late April 2007. Detailed information concerning the appeals process is available on SCAG's website. 3. When is SCAG's ;fi€jai MOM due? SCAG is required to adopt a final RHNA by July 2007. SCAG's current schedule projects that the final RHNA will be presented to SCAG's Regional ,. Council for review and adoption on July 5, 2007. �oififhero are updat6�9.s o pie eats clue, and C3ii cities rec a credit for hoilsia built pdor to th start of the Warming period? . Updated housing elements of local jurisdictions are due to be submitted to HCD by July 1, 2008. Because the regional housing need.allocation covers the period of January 1, 2006 to June 30, 2014, local jurisdictions in updating.their housing elements may credit, by applicable income category, actual housing units constructed during the 2.5 gap period (Jan 2006 — June 2008). 5x Now can cities that are built -out be required to ;provide more, housing when land is not rezoning vitat.cor en:ial=intha 1 lands deemed critgral o corn_ f, N onentic r"litt Cities are responsible for creating opportunities to meet their housing needs and are required to plan for, not build, more housing to accommodate their projected housing need. Tools to meet these requirements, include, but are not limited to, the conversion of existing units or rezoning to mixed use. SOUTHERN CALIFOIPtil ASSOMA`m KIN OF 42` E E S o'houveru sib x ZINOR Neither existing law nor the Pilot Program allow the further concentration of lower income households in jurisdictions that house more than their "fair share." The Regional Council adopted a final allocation methodology which includes a 110% "fair share" policy to decrease new allocated housing need in areas that already have a high concentration. 'Ff What is delegation? SCAG can delegate to a subregion composed of two or more contiguous local governments the responsibility of preparing the final allocation for that subregion. Delegation is undertaken by way of a written agreement between SCAG and the subregion. By accepting delegation, the subregion is not subject to SCAG's reallocation process, which results from successful appeals by local jurisdictions. Subregions interested in delegation should contact SCAG staff as soon as possible. What the states CADS Pilot Pr gra r? SCAG's Pilot Program was introduced as an urgency bill known as "SB 12" during this legislative session by Senator Alan Lowenthal. SB 12 was approved by the State Senate and is currently before the State Assembly for review. Meanwhile, SCAG staff continues to implement the various processes under the Pilot Program, including the revision and appeals process. It is anticipated that the SB 12 will be approved by the legislature prior to SCAG's adoption of the final RHNA. March 2007 d P"o ] r:`arra The Pilot Program ensures an integrated growth fore- cast, linking housing and .transportation planning so as to plan more efficiently for future growth. The Pilot Program also seeks to streamline the current process under existing law, so that SCAG may adopt the final RHNA by July 2007, in order to give local jurisdictions one year to prepare their updated housing elements. t 4 ` Wl es the Pilot Program seek to RHNIA ppeals process # one revision, aadfor one appeal? The Pilot Program includes a streamlined appeals process that is better suited to a complex multi -county region than the existing state law. Permitting a one revision and one appeal process that runs concurrently allows more time for local governments to update their housing elements for more information contact 50-03-TERN CALIFO Nti, Joe Carreras Program Manager 818 West 7th St. 12th FI. Los Angeles, CA 90017 213-236-1856 carreras@scag.ca.gov ASSO 1ATION of GOVERNMENTS special dividend Definition 03/10/2007 07:37 AM The biggest, best investing glossary on the web Home By Subject "Licensing I Advertising, Find an Advisor Help.;i Search for a Term: SEaRCHr �e special dividend Definition A nonrecurring dividend that is exceptional in terms of either size or date issued. Related Research Articles from the InvestorGuide.com University Stock Actions What are the different types of stock actions? Read about dividends, splits, and buybacks. Leam the consequences and the reasoning behind these actions. 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