HomeMy Public PortalAbout11 November 24, 2008 Budget & Implementation85872
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
MEETING AGENDA
TIME: 9:30 a.m.
DATE: Monday, November 24, 2008
LOCATION: BOARD ROOM
County of Riverside Administrative Center
4080 Lemon Street, First Floor, Riverside
***COMMITTEE MEMBERS***
Steve Adams, Chair / Andy Melendrez, City of Riverside
Roger Berg, Vice -Chair / Jeff Fox, City of Beaumont
Joseph DeConinck / Robert Crain, City of Blythe
John Chlebnik / Ray Quinto, 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
Scott Matas / Russell Betts, City of Desert Hot Springs
Terry Henderson / Don Adolph, City of La Quinta
Bob Magee / Robert L. Schiffner, City of Lake Elsinore
Darcy Kuenzi / Scott Mann, City of Menifee
Rick Gibbs / Kelly Bennett, City of Murrieta
Gordon Moller / Alan Seman, City of Rancho Mirage
Ron Roberts / Jeff Comerchero, City of Temecula
John F. Tavaglione, County of Riverside, District II
***STAFF***
Anne Mayer, Executive Director
Theresia Trevino, Chief Financial Officer
RECORDS
***AREAS OF RESPONSIBILITY***
Annual Budget Development and Oversight
Countywide Strategic Plan
Legislation
Measure A Implementation and Capital Programs
Public Communications and Outreach Programs
Competitive Grant Programs: TEA 21-CMAQ & STP, Transportation Enhancement
and SB 821-Bicycle & Pedestrian
SAFE/Freeway Service Patrol
TUMF Program
Comments are welcomed by the Committee. If you wish to provide comments to the Committee, please
complete and submit a Speaker Card to the Clerk of the Board.
11.36.06
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE SIGN -IN SHEET
NOVEMBER 24, 2008
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RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND IMPLEMENTATION COMMITTEE
ROLL CALL
NOVEMBER 24, 2008
County of Riverside, District II
City of Beaumont
City of Blythe
City of Calimesa
City of Canyon Lake
City of Cathedral City
City of Coachella
City of Desert Hot Springs
City of La Quinta
City of Lake Elsinore
City of Menifee
City of Murrieta
City of Rancho Mirage
City of Riverside
City of Temecula
Present Absent
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R I V E R S I D E C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
B U D G E T A N D I M P L E M E N T A T I O N C O M M I T T E E
w w w . r c t c . o r g
A G E N D A *
* A c t i o n s m a y b e t a k e n o n a n y i t e m l i s t e d o n t h e a g e n d a
9 : 3 0 a . m .
M o n d a y , N o v e m b e r 2 4 , 2 0 0 8
B O A R D R O O M
C o u n t y A d m i n i s t r a t i v e C e n t e r
4 0 8 0 L e m o n S t r e e t , F i r s t F l o o r
R i v e r s i d e , C a l i f o r n i a
I n c o m p l i a n c e w i t h t h e B r o w n A c t a n d G o v e r n m e n t C o d e S e c t i o n 5 4 9 5 7 . 5 , a g e n d a
m a t e r i a l s d i s t r i b u t e d 7 2 h o u r s p r i o r t o t h e m e e t i n g , w h i c h a r e p u b l i c r e c o r d s r e l a t i n g t o
o p e n s e s s i o n a g e n d a i t e m s , w i l l b e a v a i l a b l e f o r i n s p e c t i o n b y m e m b e r s o f t h e p u b l i c p r i o r
t o t h e m e e t i n g a t t h e C o m m i s s i o n o f f i c e , 4 0 8 0 L e m o n S t r e e t , T h i r d F l o o r , R i v e r s i d e , C A ,
a n d o n t h e C o m m i s s i o n ' s w e b s i t e , w w w . r c t c . o r g .
I n c o m p l i a n c e w i t h t h e A m e r i c a n s w i t h D i s a b i l i t i e s A c t a n d G o v e r n m e n t C o d e S e c t i o n
5 4 9 5 4 . 2 , i f y o u n e e d s p e c i a l a s s i s t a n c e t o p a r t i c i p a t e i n a C o m m i t t e e m e e t i n g , p l e a s e
c o n t a c t t h e C l e r k o f t h e B o a r d a t ( 9 5 1 ) 7 8 7 - 7 1 4 1 . N o t i f i c a t i o n o f a t l e a s t 4 8 h o u r s p r i o r
t o m e e t i n g t i m e w i l l a s s i s t s t a f f i n a s s u r i n g t h a t r e a s o n a b l e a r r a n g e m e n t s c a n b e m a d e t o
p r o v i d e a c c e s s i b i l i t y a t t h e m e e t i n g .
1 . C A L L T O O R D E R
2 . P L E D G E O F A L L E G I A N C E
3 . R O L L C A L L
4 . P U B L I C C O M M E N T S - E a c h i n d i v i d u a l s p e a k e r i s l i m i t e d t o s p e a k t h r e e ( 3 )
c o n t i n u o u s m i n u t e s o r l e s s . T h e C o m m i t t e e m a y , e i t h e r a t t h e d i r e c t i o n o f
t h e C h a i r o r b y m a j o r i t y v o t e o f t h e C o m m i t t e e , w a i v e t h i s t h r e e m i n u t e t i m e
l i m i t a t i o n . D e p e n d i n g o n t h e n u m b e r o f i t e m s o n t h e A g e n d a a n d t h e n u m b e r
o f s p e a k e r s , t h e C h a i r m a y , a t h i s / h e r d i s c r e t i o n , r e d u c e t h e t i m e o f e a c h
s p e a k e r t o t w o ( 2 ) c o n t i n u o u s m i n u t e s . A l s o , t h e C o m m i t t e e m a y t e r m i n a t e
p u b l i c c o m m e n t s i f s u c h c o m m e n t s b e c o m e r e p e t i t i o u s . I n a d d i t i o n , t h e
m a x i m u m t i m e f o r p u b l i c c o m m e n t f o r a n y i n d i v i d u a l i t e m o r t o p i c i s t h i r t y
( 3 0 ) m i n u t e s . S p e a k e r s m a y n o t y i e l d t h e i r t i m e t o o t h e r s w i t h o u t t h e
c o n s e n t o f t h e C h a i r . A n y w r i t t e n d o c u m e n t s t o b e d i s t r i b u t e d o r p r e s e n t e d
t o t h e C o m m i t t e e s h a l l b e s u b m i t t e d t o t h e C l e r k o f t h e B o a r d . T h i s p o l i c y
a p p l i e s t o P u b l i c C o m m e n t s a n d c o m m e n t s o n A g e n d a I t e m s .
Budget and Implementation Committee
November 24, 2008
Page 2
Under the Brown Act, the Board should not take action on ordiscuss 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.
5. APPROVAL OF MINUTES - OCTOBER 27, 2008
6. ADDITIONS/REVISIONS (The Committee 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 Committee subsequent to
the posting of the agenda. An action adding an item to the agenda requires
2/3 vote of the Committee. if there are less than 2/3 of the Committee
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.)
7. 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 for
discussion at the end of the agenda.
7A. QUARTERLY FINANCIAL STATEMENTS
Overview
This item is for the Committee to:
•
Page 1 •
1) Receive and file the Quarterly Financial Statements for the period
ended September 30, 2008; and
2) Forward to the Commission for final action.
7B. QUARTERLY INVESTMENT REPORT
Overview
This item is for the Committee to:
Page 5
1) Receive and file the Quarterly Investment Report for the quarter
ended September 30, 2008; and
2) Forward to the Commission for final action.
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B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
N o v e m b e r 2 4 , 2 0 0 8
P a g e 3
7 C . I N T E R F U N D L O A N A C T I V I T Y R E P O R T
O v e r v i e w
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) R e c e i v e a n d f i l e t h e I n t e r f u n d L o a n A c t i v i t y R e p o r t ; a n d
2 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
8 " F I S C A L Y E A R 2 0 0 7 / 0 8 C O M M I S S I O N A U D I T R E S U L T S
O v e r v i e w
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
P a g e 1 7
P a g e 1 9
1 ) C o m p r e h e n s i v e A n n u a l F i n a n c i a l R e p o r t ;
2 ) L o c a l T r a n s p o r t a t i o n F u n d ( L T F ) A u d i t e d F i n a n c i a l S t a t e m e n t s ;
3 ) S t a t e T r a n s i t A s s i s t a n c e F u n d ( S T A F ) A u d i t e d F i n a n c i a l S t a t e m e n t s ;
4 ) C o m p l i a n c e R e p o r t ;
5 ) C o m m e r c i a l P a p e r C o m p l i a n c e R e p o r t ;
6 ) A u d i t R e s u l t s R e p o r t ;
7 ) A g r e e d - U p o n P r o c e d u r e s R e p o r t r e l a t e d t o t h e A p p r o p r i a t i o n L i m i t
C a l c u l a t i o n ;
8 ) A g r e e d - U p o n P r o c e d u r e s R e p o r t r e l a t e d t o t h e C o m m u t e r A s s i s t a n c e
P r o g r a m i n c e n t i v e s ;
9 ) M a n a g e m e n t c e r t i f i c a t i o n s ; a n d
1 0 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
Budget and Implementation Committee
November 24, 2008
Page 4
9• COACHELLA VALLEY ASSOCIATION OF GOVERNMENTS/SUNLINE AUDIT •
RESOLUTION
Page 182
Overview
This item is for the Committee to:
1) Approve the Coachella Valley Association of Government's (CVAG)
request to deprogram three projects previously approved for
Congestion Mitigation and Air Quality (CMAQ) funds in the amount of
$2,636,997;
2) Reduce the Salton Sea Air Basin (SSAB) CMAQ funding by
$2,552,971 in the next federal transportation authorization;
3) Authorize the Executive Director, pursuant to legal counsel review, to
enter into Memorandum of Understanding (MOU) No. 09-66-51-00
with Ca!trans regarding payment of disallowable CMAQ funds; and
31 Forward to the Commission for final action.
10. TRANSPORTATION ENHANCEMENT APPLICATION REVISION FOR THE
PERRIS VALLEY LINE GREENWAY CORRIDOR PROJECT
Overview
This item is for the Committee to:
Page 192 •
1) Approve the Transportation Enhancement (TE) Application Revision for
the Perris Valley Line (PVL) Greenway Corridor project; and
2) Forward to the Commission for final action.
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B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
N o v e m b e r 2 4 , 2 0 0 8
P a g e 5
1 1 . A G R E E M E N T W I T H U R S C O R P O R A T I O N F O R T H E D E V E L O P M E N T O F
P L A N S , S P E C I F I C A T I O N S , A N D C O S T E S T I M A T E F O R T H E I N T E R S T A T E 2 1 5
W I D E N I N G P R O J E C T F R O M M U R R I E T A H O T S P R I N G S R O A D T O S C O T T
R O A D , N O R T H O F T H E C I T Y O F M U R R I E T A
P a g e 2 0 1
O v e r v i e w
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) A w a r d A g r e e m e n t N o . 0 9 - 3 1 - 0 4 5 - 0 0 t o U R S C o r p o r a t i o n t o p e r f o r m
f i n a l e n g i n e e r i n g s e r v i c e s a n d p r e p a r e p l a n s , s p e c i f i c a t i o n s , a n d c o s t
e s t i m a t e s ( P S & E ) f o r t h e 1 - 2 1 5 w i d e n i n g p r o j e c t f r o m M u r r i e t a H o t
S p r i n g s R o a d t o S c o t t R o a d , n o r t h o f t h e c i t y o f M u r r i e t a , b a s e d o n t h e
a t t a c h e d p r o j e c t s c o p e a n d c o s t f o r t h e b a s e a m o u n t o f $ 3 , 3 7 2 , 1 3 9
p l u s a c o n t i n g e n c y a m o u n t o f $ 3 7 7 , 8 6 1 t o c o v e r p o t e n t i a l c h a n g e s i n
s c o p e f o r a t o t a l n o t t o e x c e e d a m o u n t o f $ 3 . 7 5 m i l l i o n ;
2 ) A u t h o r i z e t h e C h a i r , p u r s u a n t t o l e g a l c o u n s e l r e v i e w , t o e x e c u t e t h e
a g r e e m e n t o n b e h a l f o f t h e C o m m i s s i o n ;
3 ) A u t h o r i z e t h e E x e c u t i v e D i r e c t o r o r d e s i g n e e t o a p p r o v e c o n t i n g e n c y
w o r k a s m a y b e r e q u i r e d f o r t h e p r o j e c t ;
4 ) A u t h o r i z e t h e E x e c u t i v e D i r e c t o r t h e o p t i o n t o r e q u e s t a p r o p o s a l f r o m
U R S C o r p o r a t i o n t o p r o v i d e P S & E s e r v i c e s f o r t h e 1 - 2 1 5 w i d e n i n g
p r o j e c t f r o m S c o t t R o a d t o N u e v o R o a d i n t h e c i t y o f P e r r i s , i f U R S
C o r p o r a t i o n ' s p e r f o r m a n c e i s a c c e p t a b l e i n c o m p l e t i n g t h e P S & E w o r k
f o r t h e 1 - 2 1 5 w i d e n i n g p r o j e c t f r o m M u r r i e t a H o t S p r i n g s R o a d t o
S c o t t R o a d , a n d t o b r i n g b a c k a r e c o m m e n d a t i o n t o t h e C o m m i s s i o n
f o r P S & E c o n t r a c t a w a r d ; a n d
5 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
Budget and Implementation Committee
November 24, 2008
Page 6
12. PROGRAMMING AND POLICY AMENDMENTS TO SUPPORT THE
IMPLEMENTATION OF THE JOBS/ACCESS REVERSE COMMUTE AND NEW
FREEDOM CALL FOR PROJECTS GRANTS
Page 233
Overview
This item is for the Committee to:
1) Approve July 1, 2009 as the project start date for all Specialized
Transit projects awarded under the Universal Call for Projects as
identified on Attachment 1 to this report;
2) Authorize the Executive Director, pursuant to legal counsel review, to
extend the applicable interim grantee contracts to June 30, 2009 and
approve up to $860,962 of additional Western Riverside County
Measure A Specialized Transit funds as identified in Attachment 2 of
this report;
3) Approve the proposed project exemptions and exclusions for Riverside
Transit Agency (RTA) and SunLine Transit Agency (SunLine) from the
Commissions' Farebox Recovery Policy as identified on Attachment 3;
and
4) Forward to the Commission for final action.
13. FUND TRANSFER AGREEMENT FOR OPERATION OF A FREEWAY SERVICE
PATROL PROGRAM IN RIVERSIDE COUNTY
Overview
This item is for the Committee to:
Page 243
1) Approve Fund Transfer Agreement No. 09-45-059-00 with the state of
California Department of Transportation (Ca!trans) for the Riverside
County Freeway Service Patrol (FSP) program in the amount of
$1,656,238 in state funding for FY 2008/09; and
2) Forward to the Commission for final action.
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B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
N o v e m b e r 2 4 , 2 0 0 8
P a g e 7
1 4 . I T E M ( S ) P U L L E D F R O M C O N S E N T C A L E N D A R A G E N D A
1 5 . C O M M I S S I O N E R S / S T A F F R E P O R T
O v e r v i e w
T h i s i t e m p r o v i d e s t h e o p p o r t u n i t y f o r t h e C o m m i s s i o n e r s a n d s t a f f t o r e p o r t
o n a t t e n d e d a n d u p c o m i n g m e e t i n g / c o n f e r e n c e s a n d i s s u e s r e l a t e d t o
C o m m i s s i o n a c t i v i t i e s .
1 6 . A D J O U R N M E N T A N D N E X T M E E T I N G
T h e n e x t B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e m e e t i n g i s s c h e d u l e d t o b e
h e l d a t 9 : 3 0 a . m . , M o n d a y , D e c e m b e r 2 2 , 2 0 0 8 , B o a r d C h a m b e r s ,
F i r s t F l o o r , C o u n t y A d m i n i s t r a t i v e C e n t e r , 4 0 8 0 L e m o n S t r e e t , R i v e r s i d e .
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R I V E R S I D E C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
B U D G E T A N D I M P L E M E N T A T I O N C O M M I T T E E
M o n d a y , O c t o b e r 2 7 , 2 0 0 8
M I N U T E S
1 . C A L L T O O R D E R
C h a i r S t e v e A d a m s c a l l e d t h e m e e t i n g o f t h e B u d g e t a n d I m p l e m e n t a t i o n
C o m m i t t e e t o o r d e r a t 9 : 3 2 a . m . , i n t h e B o a r d R o o m a t t h e C o u n t y o f
R i v e r s i d e A d m i n i s t r a t i v e C e n t e r , 4 0 8 0 L e m o n S t r e e t , F i r s t F l o o r , R i v e r s i d e ,
C a l i f o r n i a , 9 2 5 0 1 .
2 . P L E D G E O F A L L E G I A N C E
A t t h i s t i m e , C o m m i s s i o n e r S c o t t M a t a s l e d t h e B u d g e t a n d I m p l e m e n t a t i o n
C o m m i t t e e i n a f l a g s a l u t e .
3 . R O L L C A L L
M e m b e r s / A l t e r n a t e s P r e s e n t M e m b e r s A b s e n t
S t e v e A d a m s
J o h n C h l e b n i k
M a r y C r a t o n
E d u a r d o G a r c i a
R i c k G i b b s
T e r r y H e n d e r s o n
B o b M a g e e
S c o t t M a t a s
R o n R o b e r t s
J o h n T a v a g l i o n e
4 . P U B L I C C O M M E N T S
R o g e r B e r g
J o s e p h D e C o n i n c k
G r e g o r y P e t t i s
G o r d o n M o l l e r
T h e r e w e r e n o r e q u e s t s t o s p e a k f r o m t h e p u b l i c .
Budget and Implementation Committee Minutes
October 27, 2008
Page. 2
5. APPROVAL OF MINUTES — SEPTEMBER 22, 2008
M/S/C (Craton/Henderson) to approve the minutes of
September 22, 2008, as submitted.
Commissioner Mary Craton stated per Commissioner John Chlebnik's request
at its September 22, 2008 Budget and Implementation Committee meeting,
Riverside Transit Agency will continue to operate Route 36 at reduced hours
and weekdays only.
6. ADDITIONS / REVISIONS
There were no additions or revisions to the agenda.
7. 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 for discussion at the end of the agenda.
M/S/C (Craton/Roberts) to approve the following Consent Calendar
item(s):
7A. SINGLE SIGNATURE AUTHORITY REPORT
1) Receive and file the Single Signature Authority Report for the
first quarter ended September 30, 2008; and
2) Forward to the Commission for final action.
8. SALES TAX REVENUES UPDATE
Theresia Trevino, Chief Financial Officer, provided an update on the sales tax
revenues, discussing the following areas:
• Commission revenue sources;
• Sales tax calendar;
• Recent sales tax trends;
• Quarter 2, 2008 sales tax report: Economic categories and segments;
• Measure A sales taxes; and
• Local Transportation Fund (LTF) sales taxes.
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Budget and Implementation Committee Minutes
October 27, 2008
Page 3
Anne Mayer stated that staff will continue to monitor the Commission's
revenues and remain engaged in discussions at the state level.
M/S/C (Henderson/Roberts) to:
1) Receive and file the report on Measure A and LTF revenues;
2) Receive and file the sales tax analysis for Quarter 2, 2008; and
3) Forward to the Commission for final action.
9. AMENDMENT TO AGREEMENT FOR ON -CALL STRATEGIC PARTNERSHIP
ADVISOR SERVICES
Michael Blomquist, Toll Programs Director, provided an overview of the
amendment with KPMG Corporate Finance, LLC (KPMG), to continue to
provide on -call financial advisory services for the proposed State Route 91
and Interstate 15 projects.
In response to Commissioner Henderson's question, Michael Blomquist
replied that innovative financing could include user based financing and
selling toll revenue bonds as alternatives to state and federal funding.
Commissioner Henderson stated that while she agrees that the Commission
needs to explore all financing options, she cautioned against any financing
that was too innovative.
Anne Mayer noted that the process the Commission has started with respect
to alternatives to traditional financing and tolling facilities is having a ripple
effect into other counties. It is becoming a crucial part of being able to fund
infrastructure improvements when there are no other sources of funding
available.
M/S/C (Magee/Henderson) to:
1) Approve Agreement No. 06-66-026-06, Amendment No. 5 to
Agreement 06-66-026-00, for On -Call Strategic Partnership
Advisor Services with KPMG to provide continuing on -call
financial advisory services for the proposed SR-91 and 1-15
corridor improvement projects for the amount of $250,000;
2) Authorize the Chair, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission; and
3) Forward to the Commission for final action.
•
Budget and Implementation Committee Minutes
October 27, 2008
Page 4
10. TRANSPORTATION UNIFORM MITIGATION FEE REGIONAL ARTERIAL
PROGRAM UPDATE
Shirley Medina, Programming and Planning Manager, provided an update on
the Transportation Uniform Mitigation Fee (TUMF) Regional Arterial program.
M/S/C (Henderson/Adams) to:
1) Receive and file an update on the TUMF Regional Arterial
program; and
2) Forward to the Commission for final action.
11. RESOLUTION OF NECESSITY FOR THE INTERSTATE 2151STATE ROUTE 60
EAST JUNCTION PROJECT
Min Saysay, Right -of -Way Manager, provided a brief overview of the
Resolution No. 08-026, electing to hear future resolutions of necessity for high
occupancy vehicle NOV) lane project for the I-215/SR-60 East Junction.
M/S/C (Craton/Henderson) to:
1) Adopt Resolution No. 08-026, "Resolution of the Riverside
County Transportation Commission Electing to Hear Future
Resolutions of Necessity for the High Occupancy Vehicle Lane
Project for the 1-215/SR-60 East Junction and Designation of
Commission General Counsel to Process Resolution of Necessity
Packages for the Project"; and
2) Forward to the Commission for final action.
12. RESOLUTION OF NECESSITY FOR THE STATE ROUTE 74/G STREET TO
INTERSTATE 215 INTERCHANGE PROJECT
Min Saysay provided a brief overview of the Resolution No. 08-027, electing
to hear future resolutions of necessity for the SR-74/I-215 interchange project.
M/S/C (Henderson/Craton) to:
1) Adopt Resolution No. 08-027, "Resolution of the Riverside
County Transportation Commission Electing to Hear Future
Resolutions of Necessity for the SR-74/I-215 Project and
Designation of Commission General Counsel to Process
Resolution of Necessity Packages for the Project"; and
2) Forward to the Commission for final action.
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B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e M i n u t e s
O c t o b e r 2 7 , 2 0 0 8
P a g e 5
1 3 . A G R E E M E N T F O R T H E C O N S T R U C T I O N O F P H A S E I - P E R R I S
M U L T I M O D A L T R A N S P O R T A T I O N F A C I L I T Y I N T H E C I T Y O F P E R R I S
E d d a R o s s o , C a p i t a l P r o j e c t s M a n a g e r , p r o v i d e d a n u p d a t e f o r t h e a g r e e m e n t
f o r c o n s t r u c t i o n o f P h a s e I - P e r r i s M u l t i m o d a l T r a n s p o r t a t i o n F a c i l i t y i n t h e
c i t y o f P e r r i s .
M / S / C ( H e n d e r s o n / R o b e r t s ) t o :
1 ) D i r e c t s t a f f t o p r e s e n t i t s a w a r d r e c o m m e n d a t i o n s t o t h e
C o m m i s s i o n f o r A g r e e m e n t N o . 0 9 - 3 3 - 0 4 6 - 0 0 f o r t h e
c o n s t r u c t i o n o f P h a s e I - P e r r i s M u l t i m o d a l T r a n s p o r t a t i o n
F a c i l i t y a d j a c e n t t o C S t r e e t , b e t w e e n S t a t e R o u t e 7 4 a n d
S a n J a c i n t o A v e n u e i n t h e c i t y o f P e r r i s ( P e r r i s ) ;
2 ) A u t h o r i z e t h e C h a i r , p u r s u a n t t o l e g a l c o u n s e l r e v i e w , t o
e x e c u t e t h e a g r e e m e n t o n b e h a l f o f t h e C o m m i s s i o n ;
3 ) A u t h o r i z e t h e E x e c u t i v e D i r e c t o r o r d e s i g n e e , p u r s u a n t t o l e g a l
c o u n s e l r e v i e w , t o e x e c u t e u t i l i t y r e l o c a t i o n a n d u n d e r g r o u n d i n g
a g r e e m e n t s w i t h S o u t h e r n C a l i f o r n i a E d i s o n ( S C E ) a n d V e r i z o n
f o r a t o t a l n o t t o e x c e e d a m o u n t o f $ 1 9 0 , 0 0 0 a n d $ 1 7 5 , 0 0 0
r e s p e c t i v e l y ; a n d
4 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
1 4 . I T E M S P U L L E D F R O M C O N S E N T C A L E N D A R
T h e r e w e r e n o i t e m s p u l l e d f r o m t h e C o n s e n t C a l e n d a r .
1 5 . C O M M E N T S B Y C O M M I S S I O N E R S / S T A F F
1 5 A . A n n e M a y e r a n n o u n c e d :
" T h e l a t e s t n e w s l e t t e r o n t h e M i d C o u n t y P a r k w a y ( M C P ) h a s
b e e n p r o v i d e d t o a l l C o m m i s s i o n e r s ;
" M C P p u b l i c m e e t i n g s w i l l b e h e l d o n O c t o b e r 2 8 - 3 0 , a n d p u b l i c
h e a r i n g s w i l l b e h e l d o n N o v e m b e r 6 a n d 1 2 ;
" T h e C a l i f o r n i a T r a n s p o r t a t i o n C o m m i s s i o n w i l l m e e t i n t h e
C o u n t y o f R i v e r s i d e A d m i n i s t r a t i v e C e n t e r B o a r d R o o m o n
O c t o b e r 2 9 - 3 0 . A r e c e p t i o n w i l l b e h e l d o n O c t o b e r 2 9 f r o m
5 : 3 0 p . m , t o 7 : 3 0 p . m . a t t h e M i s s i o n I n n ;
Budget and Implementation Committee Minutes
October 27, 2008
Page 6
16. ADJOURNMENT
There being no further business for consideration by the Budget and
Implementation Committee, the meeting was adjourned at 9:57 a.m.
The next meeting of the Budget and Implementation Committee is scheduled
for November 24, 2008 at 9:30 a.m.
Respectfully submitted,
Jennifer Harmon
Clerk of the Board
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R I V E R S I D E C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
D A T E :
N o v e m b e r 2 4 , 2 0 0 8
T O :
B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
F R O M :
M i c h e l e C i s n e r o s , A c c o u n t i n g a n d H u m a n R e s o u r c e s M a n a g e r
T H R O U G H :
T h e r e s i a T r e v i n o , C h i e f F i n a n c i a l O f f i c e r
S U B J E C T :
Q u a r t e r l y F i n a n c i a l S t a t e m e n t s
S T A F F R E C O M M E N D A T I O N :
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) R e c e i v e a n d f i l e t h e Q u a r t e r l y F i n a n c i a l S t a t e m e n t s f o r t h e p e r i o d e n d e d
S e p t e m b e r 3 0 , 2 0 0 8 ; a n d
2 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
B A C K G R O U N D I N F O R M A T I O N '
D u r i n g t h e f i r s t t h r e e m o n t h s o f t h e f i s c a l y e a r , s t a f f h a s m o n i t o r e d t h e r e v e n u e s
a n d e x p e n d i t u r e s o f t h e C o m m i s s i o n . T h e f i r s t q u a r t e r o f t h e y e a r i s p r i m a r i l y
d i r e c t e d t o w a r d c o m p l e t i n g f i s c a l y e a r e n d c l o s i n g a c t i v i t i e s . S t a f f e x p e c t s m o s t o f
t h e c a t e g o r i e s t o p r e s e n t a m o r e r e a l i s t i c o u t l o o k b e g i n n i n g i n t h e s e c o n d q u a r t e r .
T h e o p e r a t i n g s t a t e m e n t s h o w s t h e s a l e s t a x r e v e n u e s f o r t h e f i r s t q u a r t e r a t 1 0 %
o f t h e b u d g e t . T h i s i s a r e s u l t o f t h e G o v e r n m e n t a l A c c o u n t i n g S t a n d a r d s B o a r d
( G A S B ) S t a t e m e n t N o . 3 3 . G A S B 3 3 r e q u i r e s s a l e s t a x r e v e n u e t o b e a c c r u e d f o r
t h e p e r i o d i n w h i c h i t i s c o l l e c t e d a t t h e p o i n t o f s a l e . T h e S t a t e B o a r d o f
E q u a l i z a t i o n c o l l e c t s t h e M e a s u r e A f u n d s a n d L o c a l T r a n s p o r t a t i o n F u n d ( L T F )
f u n d s a n d r e m i t s t h e m t o t h e C o m m i s s i o n a f t e r t h e r e p o r t i n g p e r i o d f o r t h e
b u s i n e s s e s . T h i s c r e a t e s a t w o - m o n t h l a g i n t h e r e c e i p t o f r e v e n u e s b y t h e
C o m m i s s i o n . A c c o r d i n g l y , t h e s e f i n a n c i a l s t a t e m e n t s r e f l e c t t h e r e v e n u e s r e l a t e d
t o c o l l e c t i o n s f o r J u l y 2 0 0 8 .
O n a c a s h b a s i s , t h e M e a s u r e A a n d L T F s a l e s t a x r e v e n u e s a r e 1 2 % a n d 1 1 %
l o w e r , r e s p e c t i v e l y t h a n t h e s a m e p e r i o d l a s t f i s c a l y e a r . R e c e i p t s c o n t i n u e t o
r e m a i n f l a t t h r o u g h J u l y 2 0 0 8 , d u e t o e f f e c t s o f t h e h o u s i n g m a r k e t c r i s i s a n d
e c o n o m i c s l o w d o w n . S t a f f c o n t i n u e s t o p e r s i s t e n t l y m o n i t o r t h e t r e n d s i n t h e
s a l e s t a x r e c e i p t s a n d w i l l r e p o r t t o t h e C o m m i s s i o n i n e a r l y 2 0 0 9 a n y n e c e s s a r y
a d j u s t m e n t s , i f a n y , t o t h e b u d g e t f o r s a l e s t a x r e v e n u e s .
A g e n d a I t e m 7 A
1
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.
The Transportation Uniform Mitigation Fee (TUMF) revenues remitted to the
Commission by Western Riverside Council of Governments only reflect one month
of receipts. The July 2008 revenues of $1,039,721 were received by the
Commission in September 2008.
At the time of the preparation of the Quarterly Financial Statements for the period
ended September 30, 2008, staff was completing the reconciliation and posting of
interest income. Interest will be correctly reflected in the Quarterly Financial
Statements for the period ending December 31, 2008.
The administrative and program/projects categories are in line overall with the
expectations of the budget with the following exceptions:
• General administrative expenditures are higher due to a one-time payment in
July for the Commission's FY 2008/09 general liability insurance.
• Office lease and utilities are slightly over as a result of the rent payment due
by the first of each month. The October rent was paid on
September 25, 2008.
• General projects report a negative actual amount as a result of the
accounting for an estimated expenditure accrual for special studies provided
as of June 30, 2008 but not yet invoiced through September 2008.
• Right-of-way/land expenditures are slightly higher for the first quarter due to
contributions made to the Riverside Conservation Authority for the
Multi -Species Habitat Conservation Plan.
• The Coachella Valley regional arterial program is administered by Coachella
Valley Association of Governments (CVAG) and requests reimbursement
from the Commission based on available funds and sufficient budget
authority. This category is slightly higher due to claims submitted by CVAG
during the first quarter.
Capital outlay reports a negative amount. This resulted from the estimated
expenditure accrual for office improvements made as of June 30, 2008 but not yet
invoiced through September 30, 2008.
During the first quarter, commercial paper proceeds of $90 million were issued to
provide funding for the advancement of 2009 Measure A projects.
Staff will continue to monitor the revenues and expenditures and will notify the
Commission of any unusual events.
Attachment: September 2008 Quarterly Financial Statements
Agenda Item 7A
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2
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R I V E R S I D E C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
Q U A R T E R L Y B U D G E T V S A C T U A L
1 S T Q U A R T E R
F O R T H R E E M O N T H S E N D E D 0 9 / 3 0 / 2 0 0 8
D E S C R I P T I O N
R e v e n u e s
S a l e s t a x
F e d e r a l , s t a t e a n d l o c a l g o v e m m e n t r e i m b u r s e m e n t s
T r a n s p o r t a t i o n U n i f o r m M i t i g a t i o n F e e ( T U M F )
O t h e r r e v e n u e s
I n t e r e s t
T o t a l r e v e n u e s
E x p e n d i t u r e s
A d m i n i s t r a t i o n
S a l a r i e s a n d b e n e f i t s
G e n e r a l l e g a l s e r v i c e s
P r o f e s s i o n a l s e r v i c e s
O f f i c e l e a s e a n d u t i l i t i e s
G e n e r a l a d m i n i s t r a t i v e e x p e n d i t u r e s
T o t a l a d m i n i s t r a t i o n
P r o g r a m s / p r o j e c t s
S a l a r i e s a n d b e n e f i t s
G e n e r a l l e g a l s e r v i c e s
P r o f e s s i o n a l s e r v i c e s
G e n e r a l p r o j e c t s
E n g i n e e r i n g
C o n s t r u c t i o n
R i g h t o f w a y / L a n d
L o c a l s t r e e t s a n d r o a d s
R e g i o n a l a r t e r i a l
C o m m u t e r a s s i s t a n c e
L T F a n d S T A d i s t r i b u t i o n s
M o t o r i s t a s s i s t a n c e
P l a n n i n g a n d p r o g r a m m i n g s e r v i c e s
R i g h t o f w a y m a n a g e m e n t
R a i l o p e r a t i o n s a n d m a i n t e n a n c e
S p e c i a l i z e d t r a n s i t
T o t a l p r o g r a m s / p r o j e c t s
I n t e r g o v e r n m e n t a l d i s t r i b u t i o n
C a p i t a l o u t l a y
D e b t s e r v i c e
P r i n c i p a l
I n t e r e s t
T o t a l d e b t s e r v i c e
T o t a l e x p e n d i t u r e s
E x c e s s o f r e v e n u e s o v e r ( u n d e r ) e x p e n d i t u r e s
O t h e r f i n a n c i n g s o u r c e s / u s e s
O p e r a t i n g t r a n s f e r i n
O p e r a t i n g t r a n s f e r o u t
B o n d p r o c e e d s
T o t a l f i n a n c i n g s o u r c e s / u s e s
N e t c h a n g e i n f u n d b a l a n c e s
F u n d b a l a n c e J u l y 1 , 2 0 0 8
" F u n d b a l a n c e S e p t e m b e r 3 0 , 2 0 0 8
F Y 2 0 0 8 / 0 9
B U D G E T
2 2 0 , 5 9 9 , 0 0 0
7 7 , 8 4 1 , 4 8 6
7 , 7 3 0 , 0 0 0
2 4 , 9 1 9 , 8 0 0
7 , 9 8 0 , 0 0 0
3 3 9 , 0 7 0 , 2 8 6
1 s t Q U A R T E R
A C T U A L
$ 2 1 , 0 1 0 , 6 5 0
1 , 5 1 7 , 8 5 7
1 , 0 3 9 , 7 2 1
1 5 7 , 3 7 1
4 2 0 , 5 6 0
R E M A I N I N G
B A L A N C E
$ ( 1 9 9 , 5 8 8 , 3 5 0 )
( 7 6 , 3 2 3 , 6 2 9 )
( 6 , 6 9 0 , 2 7 9 )
( 2 4 , 7 6 2 , 4 2 9 )
( 7 , 5 5 9 , 4 4 0 )
2 4 , 1 4 6 , 1 5 9 ( 3 1 4 , 9 2 4 , 1 2 7 )
1 , 6 6 4 , 8 0 0 3 6 8 , 7 4 8
1 5 1 , 0 0 0 1 1 , 8 5 0
1 , 7 7 1 , 3 0 0 1 3 9 , 2 1 4
4 1 5 , 0 0 0 1 1 8 , 3 3 0
1 , 3 6 5 , 9 0 0 4 1 0 , 0 8 3
5 , 3 6 8 , 0 0 0 1 , 0 4 8 , 2 2 5
5 , 0 7 8 , 2 0 0 8 9 8 , 5 0 9
1 , 8 4 7 , 5 0 0 1 9 8 , 7 8 1
3 , 5 3 8 , 6 2 5 2 0 6 , 8 7 7
8 , 8 8 1 , 6 0 0 ( 2 2 8 , 6 2 6 )
7 1 , 0 2 7 , 5 8 2 1 , 7 9 8 , 3 6 3
1 0 6 , 0 0 3 , 6 0 0 6 6 3 , 2 4 8
2 0 0 , 2 3 8 , 4 0 0 5 9 , 3 2 5 , 4 4 4
5 0 , 0 8 5 , 3 0 0 3 , 7 8 2 , 5 2 3
8 , 7 8 1 , 3 0 0 3 , 9 2 1 , 4 1 0
3 , 4 2 4 , 5 0 0 5 1 6 , 0 7 0
1 0 2 , 3 0 9 , 0 0 0 2 3 , 3 4 4 , 8 8 9
3 , 0 6 8 , 3 0 0 3 6 7 , 6 3 2
1 0 , 9 5 9 , 8 5 2 7 4 4 , 4 2 4
3 3 5 , 0 0 0 6 4 , 4 0 7
8 , 2 8 3 , 7 0 0 1 6 9 , 8 6 1
7 , 7 6 3 , 4 0 0 4 2 7 , 9 6 1
5 9 1 , 6 2 5 , 8 5 9 9 6 , 2 0 1 , 7 7 3
1 , 0 5 0 , 0 0 0
1 , 8 0 7 , 8 5 2 ( 1 4 , 6 2 0 )
3 3 , 6 3 0 , 0 0 0
1 6 , 4 9 6 , 4 0 0 3 9 , 6 8 4
5 0 , 1 2 6 , 4 0 0 3 9 , 6 8 4
6 4 9 , 9 7 8 , 1 1 1 9 7 , 2 7 5 , 0 6 2
( 3 1 0 , 9 0 7 , 8 2 5 ) ( 7 3 , 1 2 8 , 9 0 3 )
6 9 , 1 2 5 , 1 0 0 8 , 5 7 3 , 9 9 2
6 9 , 1 2 5 , 1 0 0 8 , 5 7 3 , 9 9 2
1 3 0 , 0 0 0 , 0 0 0 9 0 , 0 0 0 , 0 0 0
1 3 0 , 0 0 0 , 0 0 0 9 0 , 0 0 0 , 0 0 0
( 1 8 0 , 9 0 7 , 8 2 5 ) 1 6 , 8 7 1 , 0 9 7
4 7 5 , 1 8 8 , 9 0 0 5 3 1 , 0 4 4 , 0 9 4
2 9 4 , 2 8 1 , 0 7 5 $ 5 4 7 , 9 1 5 , 1 9 1
1 , 2 9 6 , 0 5 2
1 3 9 , 1 5 0
1 , 6 3 2 , 0 8 6
2 9 6 , 6 7 0
9 5 5 , 8 1 7
4 , 3 1 9 , 7 7 6
4 , 1 7 9 , 6 9 1
1 , 6 4 8 , 7 1 9
3 , 3 3 1 , 7 4 8
9 , 1 1 0 , 2 2 6
6 9 , 2 2 9 , 2 1 9
1 0 5 , 3 4 0 , 3 5 2
1 4 0 , 9 1 2 , 9 5 6
4 6 , 3 0 2 , 7 7 7
4 , 8 5 9 , 8 9 0
2 , 9 0 8 , 4 3 0
7 8 , 9 6 4 , 1 1 1
2 , 7 0 0 , 6 6 8
1 0 , 2 1 5 , 4 2 8
2 7 0 , 5 9 3
8 , 1 1 3 , 8 3 9
7 , 3 3 5 , 4 3 9
4 9 5 , 4 2 4 , 0 8 5
1 , 0 5 0 , 0 0 0
1 , 8 2 2 , 4 7 2
3 3 , 6 3 0 , 0 0 0
1 6 , 4 5 6 , 7 1 6
5 0 , 0 8 6 , 7 1 6
P E R C E N T
U T I L I Z A T I O N
1 0 %
2 %
1 3 %
1 %
5 %
7 %
2 2 %
8 %
8 %
2 9 %
3 0 %
2 0 %
1 8 %
1 1 %
6 %
- 3 %
3 %
1 %
3 0 %
8 %
4 5 %
1 5 %
2 3 %
1 2 %
7 %
1 9 %
2 0 / o
6 %
1 6 %
0 %
- 1 %
0 %
0 %
0 %
5 5 2 , 7 0 3 , 0 4 9
2 3 7 , 7 7 8 , 9 2 2
( 6 0 , 5 5 1 , 1 0 8 )
6 0 , 5 5 1 , 1 0 8
( 4 0 , 0 0 0 , 0 0 0 )
( 4 0 , 0 0 0 , 0 0 0 )
1 9 7 , 7 7 8 , 9 2 2
5 5 , 8 5 5 , 1 9 4
1 5 %
- 2 4 %
1 2 %
1 2 %
6 9 %
6 9 %
- 9 %
1 1 2 %
$ 2 5 3 , 6 3 4 , 1 1 6 1 8 6 %
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D A T E :
N o v e m b e r 2 4 , 2 0 0 8
T O :
B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
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S U B J E C T :
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Statement of Compliance
All of the above investments and any investment decisions made for the quarter ended
September 30, 2008 were in full compliance with the Commission's investment policy as
adopted on April 9, 2008.
The Commission has adequate cash flows for six months of operations.
Signed by.
Chief Financial Officer
•
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SA ETY 0
PRINCIPAL
PLIBLIC TRUST
MAX4MUM RATE'4
4,4 s
.: F `RETURN
Pau11V%Donn I..
Treasurer -Tax Collectcir
Don Kent
Assistant Treasure4Ta
Collet:Ea�r,
Jan Christensen
ChieSP putyTdeas urea
Giovane PYza
lnvestrne 171ari
Durable Goods Orders (-4.5% actual vs. -
1.6% survey)
Consumer Confidence (59.8 actual vs.55
survey)
Unemployment Rate (6.1% actual vs.
6.1 % survey ) Payroll change(-159000
actual vs.-100000 survey)
"Financial Armageddon"
Everyone thinks that October
is the worst month for the stock market,
but statistically it's September. This
definitely was the case for stocks and
the economy in general in what has
become the biggest financial quagmire
since the Great Depression; the sub -
prime meltdown we have been writing
about for sometime now has spread
across the globe like radioactive fallout.
Our worst fear has been realized with a lack of confidence
in our financial system; free markets and capitalism are
being shaken to its core as the saga of the "Great Unwind-
ng" continues to be written.
Towards the end of the month, U.S. Treasury
Secretary Henry Paulson pulled out all the stops and con-
vinced Congress it had to act. The $700 billion "bailout"
was born. On September 29" in a moment of historic
import in the U.S. Capitol and on Wall Street, the House of
Representatives voted to reject the rescue plan. Paulson
subsequently warned that the "failure of the rescue plan
•
could dry up credit for businesses big and small, making
them unable to make payrolls or buy inventory." Vowing to
continue working with Congress to revive the rescue plan,
Paulson said it was "much too important to simply jet fail. "
On Friday, Oct rtongress finally passed a
sweeping and controversial financial bailout similar in key
ways to one rejected by the House Just two days earlier,
with added sweeteners. Like the bill the House rejected,
the core of the Senate bill is the govemment's plan to buy
troubled assets from financial Institutions. The major aim of
the plan is to free up banks to start lending again once
their balance sheets are cleared of toxic holdings.
Through all of this turmoil, we're happy to report
that the Treasurer's Pooled Investment 'Fund has navi-
gated this storm well. We have avoided the landmines that
have plagued some of the other counties in the state. We
will continue to keep our conservative posture and adhere
to our investment objectives that have served us so well.
Int/
Paul McDonnell
Treasurer -Tax Collector
September
July
May
Month End Market
Value*
4, )8+71, y0�i56,, 515..74
5,015,373,203.02
5,697,633,900.78
h End Book
Value
4,876,250,943.87
2
5,019,501,101.27
5,695,352,850.28
(5,194,428.13)
(4,127, 898.25)
2,281,050.50
-0.11% 2.96
-0.08% 3.10 1.20 1.13
0.04% 3.28 1.17 1.10
"ate c;i l9`€2t$
A..IL::iut'>rE
1.00
*Market values do not includeaccruedinterest
°Ar4
The fed funds rate remained at
2.00% in September. The next
FOMC meeting will be held at the
end of October. The 2 year T-Note
was yielding 2.00% (down 36bps).
while the 10 year T-Note was yield-
ing 3.85% (up 2bps.) For Septem-
ber, the Pool had a decrease of
6bps. in the average monthly yield.
4
3
2
1
0
2
M CG1
3MoUS
Treasury Bill
6MoUS
Treasury Bill
2 Yr US Treasury
Note
5 Yr US Treasury
Note
10 Yr US
Treasury Note
FED Fund Rate
0.92 (0.80)
16 (0.37)
2 (0.36)
2.98 (0.12)
3.85 0.02
2
n
Gude Oil
(barrel) 100.64 (14.82)
Gold (Ounce) 894.45 63,30
DJIA
S&P 500
NASDAQ
10,850.70
1166.36
2,091.88
(692.60)
(r6.47)
(275.64)
Pagel
•
Maturity Distribution
30%
25%
20%
15%
10%
5%
0%
30 days or 30 - 90 90 Days - 1 1 - 2 Years 2 - 3 Years
Less
Days
Year
Over 3
Years
Sector breakdown
M uricipal Bonds
Local Agency
Obligation
TOTAL
Market Value WA NI _o
470,513,514
Yield
0.08 3.03
284,873,595 0.16 2.53
131,726,625 1.36 3.83
6,720,000 1.02 3.18
4,871,056,516 1.06 3.04
• A-1 / P-1 or bette
1330%
Federal Agency
69 30%
Cash Flows2
Month
Monthly
1th ee i pts
Monthly 14i i3c ¢'
Ilishrola
ILrgni rcd 1nxP
hint. In vrvf
Actual ka a'.
iS 4:OIttritii Y Ifi
T'o
1 1 /2008
743.2
628.,4 _ _ 114.8
114.77
442.4
1 /2009
628.9
1,391.0
(762.1)
183.2
734.7
3/2009
807.6
955.9
(148.2)
148.2
70.0
5/2009 592.5
•,'Js'';AFSM1
1,341.7
(749.2)
371.4
81.9
7/2009
735.3
1,107.9
(372.6)
372.6
27.8
9/2009
564.4
795'.9„
(231.5) - 231.5
26.2
To'rALS 9,nsx.a
(2,380.5)
».53 ;;,
2,55o.n
s 2.4 a';;.
/ Treasurer's Institutional Money Market Index
(TIMMI) is compiled and reported by the Riverside
County Treasurer's Capital 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 portfolio of U.S. dollar denominated
money market instruments including 'US. Treasuries,
government agencies, bankers' acceptances, rammer- '
cial paper, certificates of deposits, repurchase agree-
ments, etc.) portfolios that the Treasurer tracks. Fur-
ther details available upon request.
=The Pooled Investment Fund cash flow requirements
are based upon a 12 month historical cash flow model
Based upon projected cash receipts and maturing
investments, there are sufficient funds to meet future
cash flow disbursements over the next 12 months.
•
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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.
Investment
Category
LOCAL AGENCY OBLIGATIONS
BILLS OF EXCHANGE
CERTIFICATE 8 TIM E DEPOSITS
REVERSE REPOS
fv1ED TER1444°ikfi; 377 -;
CaITRUST SHORT TERM FUND
t�ilyT„tJAL,F1
SECURED BANK DEPOSITS
MORTGAGE PEA$ , P4, C1 N
LOCAL AGENCY INVESTM ENT FUNDS
QA§H1t)
Maximum
Maturity
Authorized
Limit
Quality
S&P/ Moody's
Maximum
P.1aturily
Authorized
`X, Limit
Quality Actual Riverside
S&P/ Moody's Portfolio
5 YEARS NO LIM IT A/A2/A 3YEARS 15%1$*0MM A/A2/A 2,70%
INVESTM ENT
5 YEARS NO LIM IT 3YEARS 2.50% GRADE 0.14%
270 DAYS 40%(1) 730 DAYS 30% AYP YFI
5 YEARS 30% 1YEAR 25%MAX AYP YFI 5.85%
92 DAYS 20% 60 DAYS 10%MAX N/A
N/A N/A N/A DAILY LIQUIDITY P/o Board Approved VD%
5 YEARS NO LIM IT 1YEAR 2%
N/A NO LIM IT 3YEARS 0%MAX
No more than 3096 of this category may be invested with any one commerclal bank
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 $500,000,000.
THIS COMPLETES THE REPORT REQUIREMENTS OF CALIFORNIA GOVERNMENT CODE 53646
16
Page 9
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R I V E R S I D E C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
D A T E :
N o v e m b e r 2 4 , 2 0 0 8
T O :
B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
F R O M :
M i c h e l e C i s n e r o s , A c c o u n t i n g a n d H u m a n R e s o u r c e s M a n a g e r
T H R O U G H :
T h e r e s i a T r e v i n o , C h i e f F i n a n c i a l O f f i c e r
S U B J E C T :
I n t e r f u n d L o a n A c t i v i t y R e p o r t
S T A F F R E C O M M E N D A T I O N :
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) R e c e i v e a n d f i l e t h e I n t e r f u n d L o a n A c t i v i t y R e p o r t ; a n d
2 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
B A C K G R O U N D I N F O R M A T I O N :
A t i t s A p r i l 1 4 , 2 0 0 4 m e e t i n g , t h e C o m m i s s i o n a p p r o v e d t h e I n t e r f u n d L o a n P o l i c y
a n d a d o p t e d R e s o l u t i o n N o . 0 4 - 0 0 9 , " R e s o l u t i o n o f t h e R i v e r s i d e C o u n t y
T r a n s p o r t a t i o n C o m m i s s i o n t o A u t h o r i z e l n t e r f u n d L o a n s " . S u b s e q u e n t l y , t h e
C o m m i s s i o n r e q u e s t e d t h a t t h e i n t e r f u n d l o a n a c t i v i t y b e r e p o r t e d o n a q u a r t e r l y
b a s i s . T h e a t t a c h e d r e p o r t i n c l u d e s a l l i n t e r f u n d l o a n a c t i v i t y t h r o u g h
S e p t e m b e r 3 0 , 2 0 0 8 . T h e t o t a l o u t s t a n d i n g i n t e r f u n d l o a n s a g g r e g a t e $ 1 , 6 4 1 , 7 2 6
a s o f S e p t e m b e r 3 0 , 2 0 0 8 .
A t t a c h m e n t : I n t e r f u n d L o a n A c t i v i t y R e p o r t
A g e n d a I t e m 7 C
1 7
" "
L o a n
A m o u n t R e p a y m e n t A m o u n t
D a t e o f L o a n o f L o a n B e g i n s O u t s t a n d i n g
M a r c h 4 , 2 0 0 4 2 7 5 , 0 0 0 J u l y 1 , 2 0 0 9 2 7 5 , 0 0 0
J u n e 3 0 , 2 0 0 7 5 3 9 , 6 8 9 J u l y 1 , 2 0 0 9 5 3 9 , 6 8 9
J u n e 3 0 , 2 0 0 7 8 2 7 , 0 3 7 J u l y 1 , 2 0 0 9
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
I n t e r f u n d L o a n A c t i v i t y R e p o r t
F o r 1 s t q u a r t e r e n d e d S e p t e m b e r 3 0 , 2 0 0 8
L e n d i n g F u n d
B o r r o w i n g F u n d
1 9 8 9 M e a s u r e A - W C C o m m u t e r 1 9 8 9 M e a s u r e A - W C H i g h w a y ( 2 2 2 )
A s s i s t a n c e ( 2 2 6 )
P u r p o s e o f L o a n
A d d i t i o n a l l o c a l m a t c h f o r t h e S R - 7 1
W i d e n i n g / A n i m a l C r o s s i n g P r o j e c t
1 9 8 9 M e a s u r e A - W C H i g h w a y ( 2 2 2 ) 2 0 0 9 M e a s u r e A - I N C H i g h w a y I m p r o v e m e n t s ( 2 6 2 ) A d v a n c e 2 0 0 9 M e a s u r e A 1 - 2 1 5
8 1 C o u n l y p r o j e c t ( M a x i m u m l o a n
a v a i l a b l e o f $ 2 m i l l i o n ) ( P 3 0 1 2 & P 3 0 2 7 )
8 2 7 , 0 3 7 1 9 8 9 M e a s u r e A - W C H i g h w a y ( 2 2 2 ) 2 0 0 9 M e a s u r e A - W C H i g h w a y I m p r o v e m e n t s ( 2 6 2 ) A d v a n c e 2 0 0 9 M e a s u r e A w o r k i n g
c a p i t a l
T o t a l $ 1 , 6 4 1 , 7 2 6 $ 1 , 6 4 1 , 7 2 6
1 8
D a t e C o m m i s s i o n
A p p r o v e d
D e c e m b e r 1 0 , 2 0 0 3
A p r i l 9 , 2 0 0 3
J u n e 1 3 , 2 0 0 7
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
November 24, 2008
TO:
Budget and Implementation Committee
FROM:
Michele Cisneros, Accounting and Human Resources Manager
THROUGH:
Theresia Trevino, Chief Financial Officer
SUBJECT:
Fiscal Year 2007/08 Commission Audit Results
STAFF RECOMMENDATION:
This item is for the Committee to receive and file the FY 2007/08:
1) Comprehensive Annual Financial Report;
2) Local Transportation Fund (LTF) Audited Financial Statements;
3) State Transit Assistance Fund (STAF) Audited Financial Statements;
4) Compliance Report;
5) Commercial paper Compliance Report;
6) Audit Results Report;
7) Agreed -Upon Procedures Report related to the Appropriation Limit
Calculation;
8) Agreed -Upon Procedures Report related to the Commuter Assistance
Program incentives;
9) Management certifications; and
10) Forward to the Commission for final action.
BACKGROUND INFORMATION:
In March 2008, McGladrey & Pullen LLP (McGladrey) was selected to perform an
audit of the Commission's basic financial statements included in the
Comprehensive Annual Financial Report (CAFR), the LTF, the STAF, and federal
awards. Additionally, it was requested to perform agreed -upon procedures related
to the annual Appropriations Limit Calculation and the Commuter Assistance
Program (CAP) incentives, and to report on compliance with commercial paper debt
covenants. The audits, agreed -upon procedures, and compliance procedures for
the fiscal year ended June 30, 2008 have been completed, and McGladrey has
issued all reports.
The Commission's CAFR consists of three sections: introductory, financial, and
statistical. While the introductory and statistical sections were not audited by
McGladrey, the basic financial statements included in the financial section were
audited by McGladrey. The Commission received an unqualified opinion on its
Agenda Item 8
19
basic financial statements from McGladrey, which is the highest form of assurance.
Limited procedures were performed related to the required supplementary
information, "including Management's Discussion and Analysis; such information
was not audited. The other supplementary information was subject to the auditing
procedures applied in the audit of the basic financial statements, and, in the opinion
of the auditors, it is fairly stated in relation to the basic financial statements.
The basic financial statements reflect the new reporting model as required by
GASB Statement No. 34; this is the seventh consecutive year under the new
reporting model. The basic financial statements include government -wide financial
statements and fund financial statements. Additionally, Management's Discussion
and Analysis is required and provides a narrative overview and analysis of the
Commission's financial activities for the fiscal year. Financial highlights include net
assets of approximately $580 million at June 30, 2008, representing an increase of
approximately $20 million from the prior year, and governmental funds fund
balances of approximately $531 million at June 30, 2008, representing a decrease
of approximately $19 million from the prior year.
The audit reports related to the separately issued financial statements of the
LTF and the STAF also reflect unqualified opinions from McGladrey. These
financial statements are required to be issued separately under the Transportation
Development Act (TDA); however, the LTF and STAF financial position and
operations are also included in the fund financial statements in the CAFR. These
reports noted no matters considered to be a material weakness in internal control
and no instances of noncompliance.
The Compliance Report, often referred to as the Single Audit Report, includes the
reports on compliance and internal control over financial reporting and over federal
awards. These reports noted no matters considered to be material weaknesses in
internal control and no instances of noncompliance.
As a result of the establishment of the commercial paper program in March 2005,
the bank reimbursement agreement requires a report from the auditor regarding
compliance with certain covenants. The report issued by the auditors indicated
that nothing came to their attention that caused them to believe that the
Commission failed to comply with these covenants.
A management letter usually includes recommendations for improvements and
operational efficiencies related to internal control and other matters noted during
the audit. McGladrey did not have any recommendations or comments on other
matters, and, therefore, it did not issue a management letter.
The Appropriations Limit Calculation and CAP reports are based on specific
procedures agreed to by the Commission and other agencies. For the
Agenda Item 8
•
•
•
20
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A p p r o p r i a t i o n s L i m i t C a l c u l a t i o n , t h e a u d i t o r s n o t e d n o e x c e p t i o n s o r f i n d i n g s
r e l a t e d t o t h e p r o c e d u r e s p e r f o r m e d .
P r o f e s s i o n a l a u d i t i n g s t a n d a r d s r e q u i r e t h e a u d i t o r s t o c o m m u n i c a t e t o t h e a u d i t
c o m m i t t e e , o r a n e q u i v a l e n t g r o u p , t o e n s u r e t h a t i t i s p r o v i d e d w i t h a d d i t i o n a l
i n f o r m a t i o n r e g a r d i n g t h e s c o p e a n d r e s u l t s o f t h e a u d i t t h a t m a y a s s i s t t h e g r o u p
i n o v e r s e e i n g m a n a g e m e n t ' s f i n a n c i a l r e p o r t i n g a n d d i s c l o s u r e p r o c e s s . S u c h
r e q u i r e d c o m m u n i c a t i o n s w i l l b e d i s c u s s e d w i t h t h e A u d i t A d H o c C o m m i t t e e a t a
p r e s e n t a t i o n b y M c G l a d r e y a t a f u t u r e m e e t i n g ; h o w e v e r , t h e a u d i t o r s h a v e
p r o v i d e d a l e t t e r t h a t i n c l u d e s t h e m a t t e r s t o b e c o m m u n i c a t e d .
A s p a r t o f t h e d e v e l o p m e n t o f t h e C o m m i s s i o n ' s A c c o u n t a b i l i t y P r o g r a m t h a t
c o m m e n c e d f o l l o w i n g t h e J u n e 3 0 , 2 0 0 5 a u d i t , t h e d i r e c t o r s h a v e c o m p l e t e d
c e r t i f i c a t i o n s r e l a t i n g t o f i n a n c i a l r e p o r t i n g a n d o p e r a t i o n a l d i s c l o s u r e s .
A t t a c h m e n t s :
1 ) 2 0 0 8 C o m p r e h e n s i v e A n n u a l F i n a n c i a l R e p o r t
2 ) 2 0 0 8 L o c a l T r a n s p o r t a t i o n F u n d F i n a n c i a l a n d C o m p l i a n c e R e p o r t
3 ) 2 0 0 8 S t a t e T r a n s i t A s s i s t a n c e F u n d F i n a n c i a l a n d C o m p l i a n c e R e p o r t
4 ) 2 0 0 8 C o m p l i a n c e R e p o r t
5 ) 2 0 0 8 C o m m e r c i a l P a p e r C o m p l i a n c e R e p o r t
6 ) 2 0 0 8 C o m m u n i c a t i o n s t o t h e A u d i t A d H o c C o m m i t t e e
7 ) 2 0 0 8 A g r e e d - U p o n P r o c e d u r e s R e p o r t o n A p p r o p r i a t i o n s L i m i t C a l c u l a t i o n
8 ) 2 0 0 8 A g r e e d - U p o n P r o c e d u r e s R e p o r t o n C o m m u t e r A s s i s t a n c e P r o g r a m
I n c e n t i v e s
9 ) 2 0 0 8 E x e c u t i v e D i r e c t o r a n d C h i e f F i n a n c i a l O f f i c e r C e r t i f i c a t i o n
1 0 ) 2 0 0 8 D i r e c t o r s ' C e r t i f i c a t i o n
A g e n d a I t e m 8
2 1
ATTACHMENT
Riverside County Transportation Commission
Riverside County, California
Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2008
22
Riverside County Transportation Commission
Riverside County, Califomia
Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2008
Submitted By: Theresia Trevino, Chief Financial Officer
23
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C o n t e n t s
I n t r o d u c t o r y S e c t i o n
L e t t e r o f T r a n s m i t t a l i
O r g a n i z a t i o n a l C h a r t x i i
L i s t o f P r i n c i p a l O f f i c i a l s x i i i
C e r t i f i c a t e o f A c h i e v e m e n t x i v
F i n a n c i a l S e c t i o n
I n d e p e n d e n t A u d i t o r ' s R e p o r t 1
M a n a g e m e n t ' s D i s c u s s i o n a n d A n a l y s i s 3
B a s i c F i n a n c i a l S t a t e m e n t s
G o v e m m e n t - w i d e F i n a n c i a l S t a t e m e n t s
S t a t e m e n t o f N e t A s s e t s 1 5
S t a t e m e n t o f A c t i v i t i e s 1 6
F u n d F i n a n c i a l S t a t e m e n t s
B a l a n c e S h e e t - - G o v e m m e n t a l F u n d s 1 7
R e c o n c i l i a t i o n o f t h e B a l a n c e S h e e t o f G o v e m m e n t a l F u n d s t o t h e S t a t e m e n t o f N e t A s s e t s 1 8
S t a t e m e n t o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e s i n F u n d B a l a n c e s - - G o v e m m e n t a l F u n d s 1 9
R e c o n c i l i a t i o n o f t h e S t a t e m e n t o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e s i n F u n d B a l a n c e s
o f G o v e r n m e n t a l F u n d s t o t h e S t a t e m e n t o f A c t i v i t i e s 2 0
S t a t e m e n t o f F i d u c i a r y N e t A s s e t s 2 1
N o t e s t o F i n a n c i a l S t a t e m e n t s 2 2
R e q u i r e d S u p p l e m e n t a r y I n f o r m a t i o n
B u d g e t a r y C o m p a r i s o n S c h e d u l e s
G e n e r a l F u n d 4 4
M a j o r S p e c i a l R e v e n u e F u n d s 4 5
N o t e s t o R e q u i r e d S u p p l e m e n t a r y I n f o r m a t i o n 4 6
O t h e r S u p p l e m e n t a r y I n f o r m a t i o n
N o n m a j o r G o v e m m e n t a l F u n d s 4 8
C o m b i n i n g B a l a n c e S h e e t 4 9
C o m b i n i n g S t a t e m e n t o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e s i n F u n d B a l a n c e s 5 0
S c h e d u l e o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e s i n F u n d B a l a n c e s B u d g e t a n d A c t u a l :
N o n m a j o r S p e c i a l R e v e n u e F u n d s 5 1
C a p i t a l P r o j e c t s a n d D e b t S e r v i c e F u n d s 5 2
S c h e d u l e o f E x p e n d i t u r e s f o r L o c a l S t r e e t s a n d R o a d s b y G e o g r a p h i c A r e a A l l S p e c i a l
R e v e n u e F u n d s 5 3
S c h e d u l e o f E x p e n d i t u r e s f o r T r a n s i t a n d S p e c i a l i z e d T r a n s p o r t a t i o n b y G e o g r a p h i c A r e a a n d
S o u r c e A i l S p e c i a l R e v e n u e F u n d s 5 4
S c h e d u l e o f C h a n g e s i n A s s e t s a n d L i a b i l i t i e s A g e n c y F u n d 5 5
2 4
Contents, Continued
•
Statistical Section
Statistical Section Overview 56
Net Assets by Component 57
Changes in Net Assets 58
Fund Balances of Govemmental Funds 60
Changes in Fund Balances of Govemmental Funds 61
Sources of County of Riverside Taxable Sales by Business Type 62
Direct and Overlapping Sales Tax Rates 63
Principal Taxable Sales Generation by City 64
Measure A Sales Tax Revenues by Program and Geographic Area 65
Ratios of Outstanding Debt by Type 66
Computation of Legal Debt Margin 67
Pledged Revenue Coverage 68
Demographic and Economic Statistics for the County of Riverside 69
Employment Statistics by Industry for the County of Riverside 70
Full-time Equivalent Employees by Function/Program 71
Operating Indicators 72
Capital Asset Statistics by 13 ram 73
25
iverside County
�ilLnsportation COMMission
October 30, 2008
Rnurxxide County Regional complex
4080 Lemon Street 3rd Floor • Riverside, Cal fornia
Mailing Address: Pan Office Bon 12008 • Riverside, California 92502 2208
Phone (951) 787-7141 • Fax (951) 787-7920 • unnuretaorg
To the Riverside County Transportation Commission Commissioners
and Citizens of the County of Riverside:
Letter of Transmittal
State law requires that the Riverside County Transportation Commission (Commission or RCTC) publish within six
months of the close of each fiscal year a complete set of financial statements presented in conformity with accounting
principles generally accepted in the United States (GAAP) and audited in accordance with generally accepted
auditing standards by independent certified public accountants. Pursuant to that requirement, we hereby issue the
Comprehensive Annual Financial Report (CAFR) of the Commission for the fiscal year ended June 30, 2008.
Management assumes full responsibility for the completeness and reliability of all of the information presented in this
report, based upon the Commission's comprehensive framework of intemal controls established for this purpose.
Because the cost of internal control should not exceed anticipated benefits, the objective is to provide reasonable,
rather than absolute, assurance that the financial statements are free of any material misstatements.
McGladrey & Pullen, LLP, has issued an unqualified opinion on the Commission's financial statements for the year
ended June 30, 2008. The independent auditor's report is located at the front of the financial section of this report.
Management's Discussion and Analysis (MD&A) immediately follows the independent auditor's report and provides a
narrative introduction, overview, and analysis of the basic financial statements. MD&A complement this letter of
transmittal and should be read in conjunction with it.
Profile of the Govemment
The Commission was established by state law in 1977 to oversee the funding and coordination of all public
transportation services within the county of Riverside (County). The Commission's mission is to assume a leadership
role in improving mobility in Riverside County and to maximize the cost effectiveness of transportation dollars in the
County. The goveming body is the Board of Commissioners (Board), which consists of all five members of the
County Board of Supervisors, one elected official from each of the County's 26 cities (including the cities of Wildomar
and Menifee which were incorporated on July 1, 2008 and October 1, 2008, respectively), and one non -voting
member appointed by the Govemor. The Commission is responsible for setting policies, establishing priorities, and
coordinating activities among the County's various transportation operators and agencies. The Commission also
programs andlor reviews the allocation of federal, state, and local funds for highway, transit, rail, non -motorized travel
(bicycle and pedestrian), and other transportation activities.
The Commission also serves as the tax authority and implementation agency for the voter -approved Measure A
Transportation Improvement Program. Measure A was approved by the County's electorate in 1988 and imposes a
hatf-cent sales tax for 20 years, beginning in 1989, to fund a speck program of transportation improvements (1989
Measure A). In November 2002 Riverside County's voters approved a 30-year extension of Measure A through 2039
(2009 Measure A).
•
The Commission is also legally responsible for allocating Transportation Development Act (TDA) funds, the major
source of funds for transit in the County. The TDA provides two major sources of funding: Local Transportation
Funds, which are derived from a one -quarter cent state sales tax, and State Transit Assistance, which is derived from
the statewide sales tax on gasoline and diesel fuel.
Additionally, the Commission provides motorist aid services designed to expedite traffic flow. These services include
the Service Authority for Freeway Emergencies (SAFE), a program that provides call box service for motorists, and
the Freeway Service Patrol (FSP), a roving tow truck service to assist motorists with disabled vehicles on the main
highways of the County during peak rush hour traffic periods. These services are provided at no charge to motorists
and are funded through a $1 surcharge on vehicle registrations. The Commission is financially accountable for SAFE,
a legally separate entity which is blended within the Commission's financial statements.
Finally, the Commission has been designated as the Congestion Management Agency (CMA) for the County. As the
CMA, the Commission coordinates with local jurisdictions in the establishment of congestion mitigation procedures
for the County's roadway system.
The Commission is required to adopt a budget prior to the beginning of each fiscal year. The annual budget, which
includes all funds, serves as foundation for the Commission's financial planning and control regarding staffing,
operations, and capital plans. The budget is prepared by fund (financial responsibility unit), department, and function.
Management has the discretion to transfer budgeted amounts within the financial responsibility unit according to
function. During the fiscal year, all budget amendments requiring Board approval are presented to the Board for
consideration and adoption.
Local Economy
The economy in Riverside County reflects the nationwide economic slowdown, particularly in the housing sector. In
recent years, the County had experienced significant growth due to population increase, available and affordable
housing relative to nearby coastal counties, and a more diversified base and growing share of the regional economy.
For years, Riverside County's local economy thrived, reflecting the area's competitive advantages over its
neighboring counties, largely as a result of the County's continuing ability to draw jobs, residents, and affordable
housing away from the Los Angeles, Orange and San Diego county areas. The availability of affordable space for
both residents and businesses along with improved access to employment centers in Los Angeles and Orange
counties were the primary reasons for expansion and growth in recent years. Taxable sales had a solid record of
continued growth from fiscal year (FY)1998/99 through FY 2006/07. For FY 2006/07, Measure A sates tax receipts
were only slightly increased from the prior year at 1.22% yet, at more than $157 million, represented the highest level
of Measure A sales tax receipts in the Commission's history.
In the past year, housing prices declined, reflecting the continuing effects of the subprime mortgage crisis. Resets of
variable rate mortgages, coupled with decreased demand for housing, have resulted in increasing rates of mortgage
foreclosures. Additionally, the national credit crisis has evolved over the past year, resulting in a lack of liquidity in the
credit markets; a lack of credit availability, and difficulties in issuing short-term debt. The effects of these factors have
been felt to a greater degree in the Inland Empire due to the relatively greater recent growth and the relatively lower
average income levels when compared to coastal areas. In FY 2007/08, the effects of the economic slowdown were
evident as Measure A sales tax receipts reflected a 7% decrease from the prior year, decreasing to slightly more than
$146 million.
The state of Califomia (State) and national economy remain in a slow growth period due to the softening housing
market, the subprime mortgage crisis, and the turbulent condition of the financial markets and primary financial
institutions. The outlook for FY 2008/09 seems to indicate levels of activity lower than that for prior years. For the first
four months of FY 2008/09, actual sales tax receipts are about 11.4% behind the prior year. Commission staff has
conservatively projected sales taxes revenues at $135 million, similar to the FY 2007108 revised budget. If the year-
to-year decrease continues to be at or above the 11.4% figure for the first four months, a downward revision to the
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revenue projection will be required. The Commission and its staff will continue to assess the situation and determine
if a mid -year budget revision is appropriate.
Regardless of the recent economic trends, the Commission faces formidable ongoing challenges in terms of
providing needed infrastructure enhancements to support a population and an economy that has outgrown the
capacity of its existing infrastructure. Fortunately, the foundation of the regional economy continues to retain its
fundamental positive attributes, including lower priced real estate with proximity to coastal communities, a large pool
of skilled workers, and increasing wealth and education levels.
Long-term Financial Planning
Proactive financial planning is a critical element for the success of the Commission as it builds for the future.
Continually reviewing revenues and projecting expenditures ensures that the Commission's expectations are realistic
and goals are achievable. Scarce resources, especially at the state and federal level, can be directed to projects of
regional significance or, with additional funding, project priorities can be expanded to address unfunded project
requirements or developing needs.
At the state level, there continues to be concerns regarding Califomia's overall budget situation. Govemor
Schwarzenegger and the Legislature are faced with an ongoing, structural imbalance in the state budget that may
result in the short-term diversion of Proposition 42 transportation funds, which are derived from the sales tax on
gasoline. While this would be constitutionally limited to a loan that would have to be repaid in three years, the cash
flow impact could impact the delivery of a number of local projects —most notably a number of freeway interchanges
that are dependent on State Transportation Improvement Program (STIP) dollars.
The news on the federal level is somewhat more promising but even less predictable. Congress has raised the
possibility of a major economic "stimulus' effort that could include a significant investment in transportation
infrastructure during the early part of the 2009 calendar year. The details of this effort, as well as its prospects for
approval, have not been finalized or determined. This will also coincide with Congress's consideration of a new
federal authorization bill in 2009 that would replace the current authorization bill known as SAFETEA-LU. The
Commission's objective in working with Congress on the new authorization bill will be to secure predictable and
substantial investments on key Riverside County transportation corridors including railroad grade separations on the
Alameda Corridor East (ACE) and freeway improvements on major interstates such as Interstate (1)10 and 1-15.
In December 2006, the Commission approved a multi -year Westem Riverside County Delivery Plan (Delivery Plan)
that focuses on investing more than $2 billion in improvements along four major freeways during the first ten years of
the 2009 Measure A program. The four freeways are I-10, 1-15,1-215, and State Route (SR) 91. This direction was
approved after an updated projection of Measure A revenues through 2039 and an assessment regarding the
completion of the 1989 Measure A highway program. In order to make the needed investments, the plan will rely on
Measure A, STIP, and Proposition 1 B dollars as well as the development of high occupancy toll lanes on 1-15 and the
extension of the 91 Express Lanes into Riverside County.
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INSERT _COUNTy MAP-(GEO)
Major Initiatives
Capital Project Delivery and implementation
The Capital Project Development and Delivery Department is responsible for major highway, regional arterial,and rail
capital projects from initial environmental study through preliminary engineering, final design, right of way acquisition,
and construction. This past year was one of significant accomplishments for the Commission as progress was made
on a number of major projects. Difficult funding decisions were made on millions of dollars in transportation projects
to expand freeways, improve mobility on streets and roads, and improve rail passenger facilities.
Highways. The Commission's most ambitious highway transportation project, which commenced construction in
early 2004, brings major improvements to the SR-60/SR-91/1-215 interchange, including direct connectors, truck
lanes, soundwalls, and new and widened bridges to improve the efficiency of this interchange. A cooperative project
with the Califomia Department of Transportation (Caltrans), the interchange reconstruction was completed in Fall
2008.
While the reconstruction of the SR-60/SR-91/1-215 interchange is a 1989 Measure A project, it is financed primarily
from STIP dollars. In 2003 funding for these improvements became uncertain as a result of the State's budget woes
and dependence on STIP dollars to balance its general fund budget. To ensure the timely commencement of
construction, the Commission loaned the State $31.3 million in Measure A dollars under an AB 3090 process
following approval by the California Transportation Commission (CTC) in September 2003. This advancement of
local dollars was reimbursed by the CTC in August 2006. The Commission has continued to provide financial support
to this project as necessary in order to ensure timely project completion.
The AB 3090 process was utilized in prior years to ensure construction commencement of two significant projects on
SR-60 and SR-91. The Commission approved the allocation of federal Congestion Mitigation and Air Quality Program
(CMAQ) dollars, advance of Transportation Uniform Mitigation Fee (TUMF) funding, and utilization of the commercial
paper program for these projects. Construction was completed in late 2007 on the SR-60 high occupancy vehicle
(HOV) lane and a general-purpose lane project. In August 2008, the CTC approved repayment to the Commission of
$21 million that was loaned from the Commission's share of CMAQ funds to replace suspended Traffic Congestion
Relief funding. Construction commenced in February 2007 for the improvements on the Green River Road
interchange at SR-91. This project will improve ramps and widen the bridge that currently spans SR-91, resulting in
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i n c r e a s e d c a p a c i t y a t t h i s i n t e r c h a n g e f o r C o r o n a r e s i d e n t s . T h e a d v a n c e m e n t o f T U M F l o c a l d o l l a r s t o t h e S t a t e w i l l
b e r e p a i d w i t h a f u t u r e S t a t e f u n d i n g c o m m i t m e n t o n T U M F r e g i o n a l p r o j e c t s .
A n o t h e r 1 9 8 9 M e a s u r e A e f f o r t t h a t i s b e n e f i t i n g m o t o r i s t s i s i m p r o v e m e n t s t o S R - 1 1 1 i n t h e C o a c h e l l a V a l l e y .
I m p r o v e m e n t s h a v e b e e n c o m p l e t e d i n a n u m b e r o f c i t i e s i n t h e p a s t y e a r i n c l u d i n g t h r e e p r o j e c t s i n t h e c i t y o f P a l m
D e s e r t . A s i s t h e c a s e w i t h a l l a r t e r i a l i m p r o v e m e n t s i n t h e C o a c h e l l a V a l l e y , t h e f u n d i n g f o r t h e p r o j e c t a n d p r o j e c t
d e v e l o p m e n t i s a c o o p e r a t i v e e f f o r t b e t w e e n t h e C o m m i s s i o n , t h e C o a c h e l l a V a l l e y A s s o c i a t i o n o f G o v e m m e n t s
( C V A G ) , a n d a f f e c t e d c i t i e s .
T h e S R - 6 0 / I - 2 1 5 E a s t J u n c t i o n H O V c o n n e c t o r p r o j e c t i s c u r r e n t l y i n t h e d e s i g n p h a s e . T h i s p r o j e c t w i l l p r o v i d e t w o
H O V b r i d g e s t h a t w i l l c o n n e c t t h e S R - 6 0 H O V l a n e s c o n s t r u c t e d b y t h e C o m m i s s i o n i n M o r e n o V a l l e y t o t h e H O V
l a n e s t h a t w e r e c o n s t r u c t e d o n t h e S R - 6 0 / S R - 9 1 / 1 - 2 1 5 i n t e r c h a n g e a n d c o r r i d o r i m p r o v e m e n t p r o j e c t t h a t w a s
r e c e n t l y c o m p l e t e d i n F a l l 2 0 0 8 . T h e S R - 6 0 / I - 2 1 5 E a s t J u n c t i o n p r o j e c t i s a n t i c i p a t e d t o b e g i n c o n s t r u c t i o n i n
D e c e m b e r 2 0 0 9 w i t h a n e s t i m a t e d c o m p l e t i o n d a t e o f S p r i n g 2 0 1 3 .
T h e S R - 9 1 H O V p r o j e c t f r o m A d a m s S t r e e t t o t h e S R - 6 0 / S R - 9 1 / 1 - 2 1 5 i n t e r c h a n g e w a s a p p r o v e d f o r C o r r i d o r M o b i l i t y
I m p r o v e m e n t A c c o u n t ( C M I A ) f u n d i n g o f $ 1 5 7 . 2 m i l l i o n r e l a t e d t o t h e c o n s t r u c t i o n p h a s e . T h e e n v i r o n m e n t a l
d o c u m e n t w a s a p p r o v e d i n A u g u s t 2 0 0 7 . C a l t r a n s i s c u r r e n t l y w o r k i n g o n t h e d e s i g n p h a s e w h i c h i s 4 0 % c o m p l e t e .
G i v e n t h e s t r i n g e n t d e a d l i n e s a s s o c i a t e d w i t h t h e C M I A p r o j e c t s , t h e C o m m i s s i o n a n d C a f t a n s D i s t r i c t 8 a r e
p a r t n e r i n g o n t h e r i g h t o f w a y a c t i v i t i e s . I t i s a n t i c i p a t e d t h a t t h e p r o j e c t w i l l b e g i n c o n s t r u c t i o n i n J u n e 2 0 1 1 w i t h a n
e s t i m a t e d c o m p l e t i o n d a t e o f J u n e 2 0 1 5 .
A n o t h e r r e m a i n i n g 1 9 8 9 M e a s u r e A p r o j e c t i s t h e S R - 7 4 / G S t r e e t t o 1 - 2 1 5 i n t e r c h a n g e . T h i s p r o j e c t i s i n t h e f i n a l
s t a g e s o f p r e l i m i n a r y e n g i n e e r i n g a n d e n v i r o n m e n t a l c l e a r a n c e a n d h a s b e g u n f i n a l d e s i g n . T h e p r o j e c t w i l l r e a l i g n
a n d w i d e n t h e o n - r a m p s f r o m S R - 7 4 t o 1 - 2 1 5 a n d w i d e n t h e R e d l a n d s A v e n u e o v e r c r o s s i n g . T h e p r o j e c t i s f u n d e d
w i t h T U M F z o n a l f u n d i n g a n d M e a s u r e A f u n d s . T h e f u n d i n g i s i n p l a c e f o r t h e d e s i g n a n d r i g h t o f w a y e f f o r t s .
P r o g r a m m i n g r e q u e s t s f o r t h e T U M F z o n a l f u n d s h a v e b e e n m a d e i n a n t i c i p a t i o n o f c o n s t r u c t i o n a d v e r t i s e m e n t i n
l a t e 2 0 0 9 . T h e p r o j e c t c o n s t r u c t i o n w i l l b e g i n s h o r t l y t h e r e a f t e r a n d t a k e a p p r o x i m a t e l y 2 4 m o n t h s t o c o m p l e t e .
T w o p r o j e c t s m a k e u p t h e 1 - 2 1 5 w i d e n i n g p r o j e c t s i n c l u d e d i n t h e 2 0 0 9 M e a s u r e A D e l i v e r y P l a n . T h e f i r s t i s t h e I -
2 1 5 m i x e d f l o w l a n e s f r o m 1 - 1 5 t o S c o t t R o a d . T h i s p r o j e c t w i l l p r o v i d e a t h i r d m i x e d f l o w l a n e i n e a c h d i r e c t i o n o f t h e
e x i s t i n g m e d i a n o f 1 - 2 1 5 . F i n a l d e s i g n w i l l b e g i n i n l a t e 2 0 0 8 w i t h c o n s t r u c t i o n c o m m e n c i n g i n e a r l y 2 0 1 0 . T h e p r o j e c t
i s f u n d e d w i t h S T I P f u n d s a n d w a s a p p r o v e d f o r C M I A f u n d i n g o f $ 3 8 , 6 0 0 , 0 0 0 f o r t h e c o n s t r u c t i o n p h a s e . T h e
s e c o n d 1 - 2 1 5 W i d e n i n g P r o j e c t i s t h e 1 - 2 1 5 m i x e d f l o w l a n e s f r o m S c o t t R o a d t o N u e v o R o a d . T h i s p r o j e c t w i l l a l s o
a d d a t h i r d m i x e d f l o w l a n e i n e a c h d i r e c t i o n o f 1 - 2 1 5 . T h e p r o j e c t i s c u r r e n t l y 4 0 % c o m p l e t e f o r e n v i r o n m e n t a l
c l e a r a n c e a n d p r e l i m i n a r y e n g i n e e r i n g . F i n a l d e s i g n w i l l b e g i n i n e a r l y 2 0 1 0 w i t h c o n s t r u c t i o n s t a r t i n g i n 2 0 1 3 . T h e
p r o j e c t i s f u n d e d w i t h S T I P , M e a s u r e A , a n d o t h e r s o u r c e s .
C o m m u t e r R a i l . S i n c e 1 9 9 3 t h e C o m m i s s i o n h a s h e l d t i t l e t o a n d m a n a g e d t h e 3 8 - m i l e S a n J a c i n t o B r a n c h L i n e
( S J B L ) a n d s e v e r a l a d j a c e n t p r o p e r t i e s i n a n t i c i p a t i o n o f o f f e r i n g M e t r o l i n k c o m m u t e r r a i l s e r v i c e t o a w i d e r a r e a o f
t h e C o u n t y , i n i t i a l l y i n c l u d i n g M o r e n o V a l l e y a n d P e r r i s a n d u l t i m a t e l y t o H e m e t / S a n J a c i n t o a n d d o w n t o T e m e c u l a .
T h e C o m m i s s i o n r e l e a s e d a D r a f t E n v i r o n m e n t a l A s s e s s m e n t f o r t h e e x p a n s i o n o f c o m m u t e r r a i l s e r v i c e a l o n g t h e
S J B L i n 2 0 0 4 a n d h a s h e l d a s e r i e s o f p u b l i c m e e t i n g s t o e n c o u r a g e p u b l i c i n p u t i n t o t h e e n v i r o n m e n t a l c l e a r a n c e
p r o c e s s . T h e s e m e e t i n g s a n d r e l a t e d m a r k e t i n g e f f o r t s h a v e a l s o r a i s e d t h e l e v e l o f a w a r e n e s s a n d p u b l i c s u p p o r t f o r
t h e p r o j e c t , w h i c h i s n o w r e f e r r e d t o a s t h e P e r r i s V a l l e y L i n e .
I n S e p t e m b e r 2 0 0 7 a S m a l l S t a r t s a p p l i c a t i o n w a s s u b m i t t e d t o t h e F e d e r a l T r a n s i t A d m i n i s t r a t i o n ( F T A ) r e q u e s t i n g
a u t h o r i z a t i o n t o e n t e r i n t o p r o j e c t d e v e l o p m e n t f o r t h e P e r r i s V a l l e y L i n e r a i l e x t e n s i o n p r o j e c t . I n D e c e m b e r 2 0 0 7 t h e
C o m m i s s i o n r e c e i v e d a p p r o v a l f r o m t h e F T A w i t h a p r o j e c t r a t i n g o f m e d i u m - h i g h . T h e 2 0 0 6 S T I P a l s o a l l o c a t e d $ 3 0
m i l l i o n t o t h e p r o j e c t . N e w c o m m u t e r r a i l s e r v i c e o n t h e P e r r i s V a l l e y L i n e i s a n t i c i p a t e d t o c o m m e n c e i n l a t e 2 0 1 1 .
T h e S e n a t e h a s a p p r o v e d $ 5 0 m i l l i o n i n f e d e r a l f u n d i n g f o r t h e P e r r i s V a l l e y L i n e p r o j e c t a s p a r t o f t h e S e n a t e
T r a n s p o r t a t i o n , H o u s i n g , a n d U r b a n D e v e l o p m e n t a p p r o p r i a t i o n s b i l l , c o n s i s t e n t w i t h r e c o m m e n d a t i o n s f r o m t h e F T A
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and the White House, which had previously included the $50 million amount in the proposed federal budget for FY
2008/09.
An ongoing concern for Metrolink passengers is the need for additional parking capacity at the Commission's
stations. In February 2007, the Commission completed construction to add 300 parking spaces to the Downtown
Riverside station on the east side of the tracks, which provides more capacity as well as easier access for
passengers to trains on the Inland Empire -Orange County Line (1E0C). Future plans also call for more parking
spaces and a new parking structure at the North Main Corona station. In 2007 the funding was secured, and the final
design completed for the new $25 million, 1,000 space parking structure. Construction began in early 2008 with a
comprehensive strategy to provide parking alternatives for the displaced Metrolink riders during construction. With
the continued growth of patronage, commuter rail's challenges for the future include securing state or federal
allocations for more passenger coaches and for additional train storage and maintenance facilities.
Toll Program Moves Forward
In September 2008 two landmark legislative bills were passed by the California State Legislature and signed by
Govemor Schwarzenegger that have major significance to the Commission. The first bill, SB1316 (Correa), allows for
the extension of the 91 Express Lanes from the Orange/Riverside County line to 1-15. This bill was co -sponsored by
both the Orange County Transportation Authority (OCTA) and the Commission and provides benefits for both
counties. This bill will allow the Commission to construct two express lanes (or toll lanes) in each direction in the
median of SR-91. The extension of these lanes will provide more choices for Riverside County drivers, improve
congestion on the general-purpose lanes, and ensure a speedy, uncongested trip for drivers willing to pay a toll. The
SR-91 Corridor Improvement Project includes these express lanes as well as numerous non -toll lane improvements
including an additional lane in each direction on SR-91 as detailed in the 2009 Measure A program. Environmental
studies and preliminary engineering work are expected to be completed in early 2011. The project is planned to be
operational in late 2015 assuming the design -build method of project delivery and 2018 assuming the design -bid -
build method of project delivery.
The second bill, AB1954 (Jeffries), provides the Commission the state authority to toll the 1-15 corridor within
Riverside County. This bill will allow the Commission to construct two express lanes in each direction in the median
of 1-15. The first phase of these lanes is planned to extend from SR-74 in the south to the San Bernardino/Riverside
County line to the north, approximately 31 miles. The lanes will have the same benefits mentioned previously for the
91 Express Lanes extension. The 1-15 Corridor Improvement Project includes these toll lanes as well as numerous
non -toll lane improvements including an additional lane in each direction on 1-15 as detailed in the 2009 Measure A
program. This project's environmental studies and preliminary engineering work are scheduled to be completed in
early 2012. The project is planned to be operational in 2019.
The passage of these bills is a major milestone for the Commission. The legislation supports the Commission's long-
term plan to deliver freeway improvements using tolling as a new source of funding to complement more traditional
funding sources. These projects will also mark the introduction of tolling to the Inland Empire region of Southem
California.
TUMF Plays an Important Role
In the Coachella Valley, a TUMF program was established shortly after the passage of the 1989 Measure A. The
program requires developers to pay a fee on new development to fund arterial improvements. Cities are required to
participate in the program or forfeit Measure A local dollars to CVAG, which oversees the arterial program and has
been successful in funding a number of important arterial projects.
With the passage of the 2009 Measure A, a TUMF program with participation requirements similar to that in the
Coachella Valley is now in place in westem Riverside County (Western County). As provided for in the 2009 Measure
A, the first $400 million in TUMF funding is to be allocated to the Commission to be split evenly between new
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c o r r i d o r s a n d r e g i o n a l a r t e r i a l s . I n 2 0 0 3 , t h e C o m m i s s i o n a n d t h e W e s t e m R i v e r s i d e C o u n c i l o f G o v e r n m e n t s
( W R C O G ) e n t e r e d i n t o a M O U t o s p l i t t h e a r t e r i a l r e v e n u e b e t w e e n b o t h a g e n c i e s i n a c c o r d a n c e w i t h t h e T U M F
N e x u s S t u d y u n t i l t h e 2 0 0 9 M e a s u r e A t o o k e f f e c t T h e a g r e e m e n t f u r t h e r s t i p u l a t e d t h a t i f u p o n . J u l y 1 , 2 0 0 9 t h e
$ 4 0 0 m i l l i o n w a s n o t r e p a i d , 1 0 0 % o f t h e T U M F f u n d s w o u l d t h e n g o t o t h e C o m m i s s i o n u n t i l t h e $ 4 0 0 m i l l i o n w a s
s a t i s f i e d . G i v e n t h e c u r r e n t e c o n o m i c c o n d i t i o n s , i t w a s d e t e r m i n e d t h a t t h e $ 4 0 0 m i l l i o n w o u l d n o t b e p a i d t o t h e
C o m m i s s i o n b y J u l y 1 , 2 0 0 9 . I n o r d e r t o p r e v e n t a d i s r u p t i o n o f f u n d i n g f o r T U M F p r o j e c t s , W R C O G a n d t h e
C o m m i s s i o n a g r e e d o n l i f t i n g t h e $ 4 0 0 m i l l i o n c a p , r e s u l t i n g i n t h e C o m m i s s i o n r e c e i v i n g a n e q u a l s h a r e o f t h e
T U M F r e g i o n a l a r t e r i a l r e v e n u e i n d e f i n i t e l y . T h e M O U a n d A d m i n i s t r a t i v e P l a n w e r e a m e n d e d t o r e f l e c t t h i s
a g r e e m e n t a t t h e A u g u s t 2 0 0 8 W R C O G a n d S e p t e m b e r 2 0 0 8 C o m m i s s i o n m e e t i n g s .
I n f i s c a l 2 0 0 5 , t h e C o m m i s s i o n t o o k i t s f i r s t s t e p s t o a l l o c a t e i t s s h a r e o f W e s t e r n C o u n t y T U M F r e v e n u e s w i t h
a l l o c a t i o n s f o r t h e d e v e l o p m e n t o f t h e M i d C o u n t y P a r k w a y a n d t h e S R - 7 9 r e a l i g n m e n t a n d t o p r o j e c t d e v e l o p m e n t
f o r 2 4 r e g i o n a l a r t e r i a l p r o j e c t s t h r o u g h o u t W e s t e m C o u n t y . S i n c e t h e i n c e p t i o n o f t h e p r o g r a m , t h e C o m m i s s i o n h a s
p r o g r a m m e d m o r e t h a n $ 7 3 m i l l i o n i n T U M F f u n d i n g r e l a t e d t o t h e a p p r o v a l o f f u n d i n g f o r t h e r e g i o n a l a r t e r i a l
p r o j e c t s t h a t a p p r o x i m a t e s $ 1 8 0 m i l l i o n .
R a i l D e v e l o p m e n t , O p e r a t i o n s a n d S u p p o r t
T h e C o u n t y ' s p a r t i c i p a t i o n i n c o m m u t e r r a i l s e r v i c e b e g a n w i t h t h e 1 9 8 9 M e a s u r e A . R i v e r s i d e C o u n t y v o t e r s w e r e
t h e f i r s t t o s p e c i f y c o m m u t e r r a i l s e r v i c e i n S o u t h e r n C a l i f o r n i a a s a p r i o r i t y t r a n s p o r t a t i o n i m p r o v e m e n t p r o j e c t . T h e
s u b s e q u e n t p a s s a g e o f s i m i l a r m e a s u r e s i n a d j o i n i n g c o u n t i e s a n d t h e p a s s a g e o f s t a t e w i d e r a i l i n f r a s t r u c t u r e b o n d s
i n 1 9 9 0 p r o v i d e d e n o u g h c a p i t a l f u n d i n g t o b u i l d t h e i n i t i a l s y s t e m . A s o n e o f f i v e f u n d i n g p a r t n e r s i n t h e S o u t h e m
C a l i f o m i a R e g i o n a l R a i l A u t h o r i t y ( S C R R A ) , w h i c h o p e r a t e s t h e M e t r o l i n k c o m m u t e r r a i l s e r v i c e , t h e C o m m i s s i o n i s
e n g a g e d i n a c o n t i n u a l e x e r c i s e o f c o n s e n s u s b u i l d i n g w i t h i t s p a r t n e r s . N o w c o n s i s t i n g o f s e v e n l i n e s , s e r v i n g
o r i g i n s a n d d e s t i n a t i o n s i n s i x c o u n t i e s , t h e s y s t e m c a r v e s a n a v e r a g e o f 4 7 , 0 0 0 p a s s e n g e r s e a c h w e e k d a y . T h e
C o m m i s s i o n o w n s a n d o p e r a t e s f i v e s t a t i o n s s e r v e d b y t h e t h r e e M e t r o l i n k l i n e s o p e r a t i n g t h r o u g h t h e C o u n t y :
�' R i v e r s i d e L i n e ( 1 9 9 3 ) : O r i g i n a t e s i n t h e D o w n t o w n R i v e r s i d e s t a t i o n a n d s t o p s a t t h e P e d l e y s t a t i o n b e f o r e
p r o c e e d i n g t h r o u g h O n t a r i o , P o m o n a , I n d u s t r y , a n d M o n t e b e l l o t o L o s A n g e l e s U n i o n S t a t i o n . R i d e r s h i p h a s
i m p r o v e d t h i s p a s t y e a r w i t h b e t t e r o n - t i m e p e r f o r m a n c e a n d i s n o w c a r r y i n g a p p r o x i m a t e l y 5 , 2 0 0 d a i l y
r i d e r s .
�' 1 E 0 C L i n e ( 1 9 9 5 ) : B e g i n s i n n e a r b y S a n B e m a r d i n o w i t h s t o p s i n t h e D o w n t o w n R i v e r s i d e , L a S i e r r a , N o r t h
M a i n C o r o n a , a n d W e s t C o r o n a s t a t i o n s b e f o r e e n t e r i n g O r a n g e C o u n t y w i t h s t o p s i n A n a h e i m , O r a n g e ,
S a n t a A n a , T u s t i n , I r v i n e , L a g u n a N i g u e l / M i s s i o n V i e j o , a n d S a n J u a n C a p i s t r a n o . D e s c r i b e d a s t h e f i r s t
s u b u r b - t o - s u b u r b c o m m u t e r r a i l s e r v i c e i n t h e n a t i o n , t h e I E O C l i n e h a s e x p e r i e n c e d i n c r e a s e d p a t r o n a g e
w i t h a n a v e r a g e d a i l y r i d e r s h i p t h a t e x c e e d s 4 , 8 0 0 .
�' 9 1 L i n e ( 2 0 0 2 ) : P r o v i d e s a n o t h e r a l t e r n a t i v e t o c o m m u t e f r o m R i v e r s i d e t o L o s A n g e l e s w i t h s t o p s i n
R i v e r s i d e , O r a n g e , a n d L o s A n g e l e s c o u n t i e s . P a t r o n a g e o n t h e l i n e h a s r e m a i n e d s t e a d y w i t h a n a v e r a g e
d a i l y r i d e r s h i p o f 2 , 3 0 0 .
R i d e r s h i p i n c r e a s e s o n b o t h t h e I E O C a n d R i v e r s i d e L i n e s i n t h e p a s t y e a r r e f l e c t c o n f i d e n c e i n M e t r o l i n k s e r v i c e s
a n d a r e a c t i o n t o h i g h e r f u e l p r i c e s a n d i m p r o v e d o n - t i m e p e r f o r m a n c e . I n a d d i t i o n t o r e g u l a r w e e k d a y s e r v i c e , t h e
C o m m i s s i o n p a r t n e r e d w i t h t h e O C T A a n d S a n B e m a r d i n o A s s o c i a t e d G o v e r n m e n t s ( S A N B A G ) t o p r o v i d e w e e k e n d
s e r v i c e a l o n g t h e I E O C . T h r e e r o u n d t r i p t r a i n s o n S a t u r d a y a n d t w o r o u n d t r i p s o n S u n d a y s e r v e a s a n o t h e r l i n k
b e t w e e n O r a n g e a n d R i v e r s i d e c o u n t i e s a n d p r o v i d e a n e f f e c t i v e t r a n s p o r t a t i o n a l t e r n a t i v e f o r w e e k e n d t r a v e l .
P l a n n i n g f o r t h e F u t u r e
I n t e r m s o f f u t u r e p r o g r e s s , t h e C o m m i s s i o n h a s g i v e n i t s u n a n i m o u s s u p p o r t t o t h e R i v e r s i d e C o u n t y I n t e g r a t e d
P r o j e c t ( R C I P ) a n d i t s t r a n s p o r t a t i o n c o m p o n e n t , t h e C o m m u n i t y a n d E n v i r o n m e n t a l T r a n s p o r t a t i o n A c c e p t a b i l i t y
v i i
3 2
Process (CETAP). The RCIP was intended to be a model for streamlining the environmental process while providing
for the long-term devebpment and economic growth of the County. The County and the Commission worked
together in a first -of -its kind endeavor to provide for new transportation options and land use planning to support the
economic growth of the County while providing for preservation of open space and protection for endangered
species. CETAP addresses the impact of future population and economic growth on the existing transportation
system by identifying and establishing new transportation corridors and arterial system improvements. The entire
CETAP program was recognized under President Bush's Executive Order for Environmental Streamlining and
Stewardship.
The Commission's CETAP focuses on four new transportation corridors: two located within the County and two that
would link Riverside County with the neighboring counties of Orange and San Bernardino. Each of the corridors is
progressing on differing' schedules as noted below:
➢ Internal north/south transportation corridor between Winchester and Temecula. As a result of the Tier 1
environmental work completed, the Commission now can protect right of way for the future widening of I-15
and 1-215 in the south County area as well as a future French Valley Parkway connection from Winchester
Road to 1-15.
➢ New East-West Internal Corridor. The Mid County Parkway project is a proposed 32-mile transportation
corridor designed to relieve local and regional traffic congestion in the San Jacinto, Perris, and Corona
areas. Since 2004, the Commission, County, local cities, and resource agencies from the state and federal
govemments have participated in the development of an environmental document. The draft environmental
document has recently been completed and is now undergoing public review. Finalization of the document
is expected in 2009.
➢ New transportation corridors and alternatives between Riverside and Orange counties: In 2005 the
Commission completed a Major Investment Study in cooperation with OCTA and the Transportation
Corridor Agencies (TCA) to evaluate potential projects. The locally preferred strategy includes a
combination of improvements to SR-91 as well as consideration of new facilities to improve mobility
between the two counties. The Commission is currently conducting geotechnical feasibility tests in the
Cleveland National Forest to determine the feasibility of a tunnel structure. The overall effort gamered a
financial boost with a $15 million Congressional earmark.
➢ New transportation corridor and arterial improvements between Riverside and San Bernardino counties: A
combination of arterial improvements and a new transportation facility have been studied in a joint effort
between the Commission, SANBAG, and local cities to improve mobility between the two counties. The
County of Riverside, in cooperation with the affected jurisdictions, is currently conducting the required
environmental work for the arterial improvements.
Another large planning effort affecting the Hemet and San Jacinto communities is the realignment of SR-79. This
2009 Measure A project is undergoing early project development funded through the TUMF program and federal
earmarks. An environmental document is being prepared in cooperation with local, state, and federal agencies to
allow the realignment of SR-79 between Domenigoni Parkway, south of SR-74, and Gilman Springs Road, north of
San Jacinto. The project would realign the highway to provide a more direct route within the San Jacinto Valley. A
draft document is anticipated to be available for public review in mid-2009.
Commuter Assistance Program
The Commission's Commuter Assistance Program provides a variety of rideshare services and products both to
employers and commuters. Through voluntary participation, commuters and employers receive a direct benefit from
their sales tax dollars, and the entire region benefits from reduced traffic congestion and improved air quality as a
result of trip elimination or use of alternative means of transportation. The Commission's continued success in
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s e r v i n g c o m m u t e r s a n d e m p l o y e r s w i t h i n t h e C o u n t y r e s u l t e d i n S A N B A G ' s r e n e w a l o f i t s c o n t r a c t w i t h t h e
C o m m i s s i o n , f o r t h e t w e l f t h y e a r , t o p r o v i d e a n i d e n t i c a l c o m m u t e r a s s i s t a n c e p r o g r a m f o r S a n B e r n a r d i n o C o u n t y
r e s i d e n t s . T h i s u n i q u e b i - c o u n t y p a r t n e r s h i p a l l o w s f o r g r e a t e r c o s t e f f i c i e n c y i n p r o g r a m d e l i v e r y a n d c o n s i s t e n c y o f
p r o g r a m a p p l i c a t i o n f o r a l l I n l a n d E m p i r e p a r t i c i p a n t s .
A t t h e c o r e o f t h e C o m m u t e r A s s i s t a n c e P r o g r a m a r e e m p l o y e r p a r t n e r s h i p s . T o s u p p o r t v o l u n t a r y e f f o r t s b y l o c a l
e m p l o y e r s i n i m p l e m e n t i n g a n d m a i n t a i n i n g r i d e s h a r e a c t i v i t i e s a t w o r k s i t e s , r i d e s h a r e s e r v i c e s , t o o l s a n d r e s o u r c e s
a r e p r o v i d e d t o R i v e r s i d e a n d S a n B e r n a r d i n o C o u n t y e m p l o y e r s . E m p l o y e r p a r t n e r s a l s o g a i n a c c e s s t o v a r i o u s
i n c e n t i v e s f o r t h e i r e m p l o y e e s a n d f u n c t i o n a s a n e f f i c i e n t a n d e f f e c t i v e d e l i v e r y m e c h a n i s m f o r t h e p r o g r a m ' s
c o m m u t e r p r o d u c t s . T h e m o s t p r o m i n e n t c o m m u t e r p r o d u c t c o n t i n u e s t o b e t h e A d v a n t a g e R i d e s h a r e P r o g r a m , a
s h o r t - t e r m i n c e n t i v e p r o j e c t , w h i c h o f f e r s $ 2 p e r d a y f o r e a c h d a y n e w r i d e s h a r e r s u s e a n a l t e r n a t e m o d e o f
t r a n s p o r t a t i o n i n a t h r e e - m o n t h p e r i o d . L o n g - t e r m r i d e s h a r e r s a r e r e c o g n i z e d a n d r e w a r d e d f o r t h e i r c o n t i n u i n g
c o m m i t m e n t t o u s e a l t e m a t e m o d e s o f t r a n s p o r t a t i o n t o a n d f r o m w o r k t h r o u g h t h e C l u b R i d e P r o g r a m .
T h e C o m m i s s i o n ' s p r o g r a m a l s o e x t e n d s b e y o n d t h e b o r d e r s o f t h e I n l a n d E m p i r e . T o s u p p o r t c o o r d i n a t e d a n d
e f f i c i e n t s e r v i c e s t h r o u g h a f i v e - c o u n t y r e g i o n t h a t i n c l u d e s t r a n s p o r t a t i o n a g e n c i e s i n L o s A n g e l e s , O r a n g e , S a n
B e m a r d i n o , a n d V e n t u r a c o u n t i e s , t h e C o m m i s s i o n o p e r a t e s t w o k e y r e g i o n a l r i d e r s h a r e c o m p o n e n t s . T h e f i r s t i s t h e
R e g i o n a l R i d e s h a r e D a t a b a s e t h a t s e r v e s a s a c e n t r a l d e p o s i t o r y f o r c o m m u t e r t r a n s p o r t a t i o n s u r v e y s a n d a s t h e
r e g i o n ' s p r i m a r y r i d e m a t c h i n g a p p l i c a t i o n . T h e o t h e r e l e m e n t o f r e g i o n a l s i g n i f i c a n c e i s t h e w w w . c o m m u t e s m a r L i n f o
w e b s i t e t h a t t h e C o m m i s s i o n a d m i n i s t e r s . T h i s w e b s i t e p r o v i d e s a o n e - s t o p o n l i n e r e s o u r c e f o r b o t h c o m m u t e r s
l o o k i n g t o r i d e s h a r e , g e t t r a n s i t o r t r a f f i c i n f o r m a t i o n a n d f o r e m p l o y e r s l o o k i n g t o i m p l e m e n t o r m a i n t a i n a r i d e s h a r i n g
p r o g r a m a t t h e i r w o r k s i t e .
I n p r o v i d i n g c o m m u t e r b e n e f i t s t o e m p l o y e r s a n d e m p l o y e e s d u r i n g F Y 2 0 0 7 / 0 8 , t h e p r o g r a m a t t r a c t e d 1 , 0 9 7 d r i v e
a l o n e c o m m u t e r s t o p a r t i c i p a t e i n t h e A d v a n t a g e R i d e s h a r e p r o g r a m . C l u b R i d e m e m b e r s h i p p e a k e d a t 5 , 2 7 9
m e m b e r s f o r t h e s a m e p e r i o d . B o t h p r o g r a m s r e c o r d e d a 1 9 % i n c r e a s e i n p a r t i c i p a n t s . T h e r i s e i n f u e l p r i c e s t o w a r d
t h e e n d o f F Y 2 0 0 7 / 0 8 a l s o g e n e r a t e d a l o t o f i n t e r e s t i n r i d e s h a r i n g t h a t i s r e f l e c t e d i n a 4 0 % i n c r e a s e t o t h e
p r o g r a m ' s c a l l c e n t e r , 8 6 6 - R I D E S H A R E , c o m p a r e d t o l a s t y e a r ' s c a l l v o l u m e s .
F i n a l l y , u s i n g a i r q u a l i t y m i t i g a t i o n g r a n t f u n d s a w a r d e d b y t h e C o u n t y o f R i v e r s i d e , t h e C o m m i s s i o n e x p a n d e d i t s
s e r v i c e a r e a i n t o t h e C o a c h e l l a V a l l e y . T h e b e n e f i t s o f r i d e s h a r i n g w e r e p r o m o t e d b o t h t o e m p l o y e r s a n d c o m m u t e r s
i n F Y 2 0 0 7 / 0 8 , t h e f i r s t o f a t w o - y e a r C o a c h e l l a V a l l e y d e m o n s t r a t i o n , a n d r e s u l t e d i n o v e r 1 5 , 0 0 0 o n e - w a y t r i p s
r e d u c e d , 2 2 3 , 4 0 0 m i l e s s a v e d , a n d a p p r o x i m a t e l y 4 , 4 0 0 p o u n d s o f e m i s s i o n s r e d u c e d .
S p e c i a l i z e d T r a n s i t
T h e C o m m i s s i o n h a s m a i n t a i n e d a l o n g - t e r m c o m m i t m e n t t o a s s i s t i n t h e m o b i l i t y o f t h o s e w i t h s p e c i a l i z e d t r a n s i t
n e e d s . T h r o u g h i t s S p e c i a l i z e d T r a n s i t P r o g r a m , t h e C o m m i s s i o n h a s p r o v i d e d m i l l i o n s o f d o l l a r s t o p u b l i c a n d
n o n p r o f i t t r a n s i t o p e r a t o r s t o a s s i s t i n t h e p r o v i s i o n o f s p e c i a l t r a n s i t s e r v i c e s t o i m p r o v e t h e m o b i l i t y o f s e n i o r s a n d
p e r s o n s w i t h d i s a b i l i t i e s . D u r i n g F Y 2 0 0 7 / 0 8 , t h e n o n p r o f i t o p e r a t o r s p r o v i d e d a p p r o x i m a t e l y 8 6 , 9 9 5 M e a s u r e A t r i p s .
A l o n g w i t h s u p p o r t o f t r a d i t i o n a l d i a l - a - r i d e s e r v i c e s , t h e C o m m i s s i o n s u p p o r t s i n n o v a t i v e p r o g r a m s p r o v i d i n g t r a n s i t
a s s i s t a n c e i n h a r d - t o - s e r v e r u r a l a r e a s o r f o r r i d e r s h a v i n g v e r y s p e c i a l t r a n s i t n e e d s .
D u r i n g t h e l a s t q u a r t e r o f F Y 2 0 0 7 1 0 8 , t h e C o m m i s s i o n a d o p t e d t h e S p e c i a l i z e d T r a n s i t C o o r d i n a t e d P l a n
( C o o r d i n a t e d P l a n ) , m a k i n g t h e C o m m i s s i o n e l i g i b l e f o r f e d e r a l f u n d i n g o f s p e c i a l i z e d t r a n s i t i n R i v e r s i d e C o u n t y .
C o n c u r r e n t w i t h t h e a d o p t i o n o f t h e C o o r d i n a t e d P l a n , t h e C o m m i s s i o n a l s o a u t h o r i z e d s t a f f t o c o n d u c t a U n i v e r s a l
C a l l f o r P r o j e c t s f o r S p e c i a l i z e d T r a n s i t ( U n i v e r s a l C a l l ) t o v e t t h e p r o j e c t s e l i g i b l e t o r e c e i v e t h e n e w f e d e r a l f u n d s .
U s i n g t h i s c o m p e t i t i v e p r o c e s s a l l o w e d t h e C o m m i s s i o n t o s e e k p r o p o s a l s f r o m a w i d e r a n g e o f p r o v i d e r s a n d m a k e
d e c i s i o n s w i t h r e s p e c t t o f u n d i n g s p e c i a l i z e d t r a n s i t t h a t r e s u l t s i n t h e m o s t e f f i c i e n t d e l i v e r y o f t r i p s . T h e U n i v e r s a l
C a l l i n c l u d e d a p p r o x i m a t e l y $ 1 . 9 m i l l i o n i n n e w f e d e r a l f u n d i n g a u g m e n t i n g t h e $ 6 m i l l i o n i n M e a s u r e A c o m m i t t e d
l o c a l l y b y t h e C o m m i s s i o n . T h e U n i v e r s a l C a l l r e s u l t e d i n t h e a w a r d i n F Y 2 0 0 8 / 0 9 o f t w o - y e a r c o n t r a c t s t o s e l e c t e d
p r o v i d e r s i n b o t h W e s t e r n R i v e r s i d e C o u n t y a n d t h e C o a c h e l l a V a l l e y .
i x
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Motorist Assistance Programs
In cooperation with the Califomia Highway Patrol (CHP) and Caltrans, the Commission, in its capacity as the SAFE,
assists motorists who experience accidents, mechanical breakdowns, or other unforeseen problems by providing
access to cellular call boxes along the County's major highways. The Commission's system includes 630 call boxes
serving more than 650 miles of highways. The call box program is funded by an annual $1 surcharge added to
vehicle registrations. Each call box is a battery -powered, solar -charged roadside terminal containing a
microprocessor and cellular telephone. Spacing between call boxes ranges from one-half mile in high traffic areas to
two miles in remote areas of the County. Call boxes are installed on the three interstates, U.S. Route 95, and the 14
state routes located within the County as well as park and ride lots and commuter rail stations. The phones are
programmed to call a private call answer center, and the call box operator responds to the call by routing emergency
calls to the CHP for appropriate services (i.e., ambulance, tow truck, fire, or police unit) or providing a direct
connection to routine service through auto clubs or other private tow and service providers. Call box operators
answered approximately 7,600 calls during FY 2007/08.
In an effort to relieve congestion and reduce pollution, the Commission provides an additional motorist assistance
program with the FSP. The FSP program is a special team of 20 tow trucks traveling along portions of SR-60, SR-91,
1-15, and 1-215 within the County during peak, weekday commuter hours to assist drivers when their vehicles break
down or experience other mechanical problems. The purpose of the FSP is to remove disabled vehicles from the
freeway as quickly as possible to help keep freeway traffic moving during rush hour periods. Services provided are
free to the motorist and include changing a flat tire, providing one gallon of fuel, taping radiator hoses, or towing the
vehicle off the freeway to designated locations where the motorist can make other arrangements for repair. The FSP
is funded by the Riverside County SAFE and the State. During FY 2007/08, the FSP provided assistance to
approximately 45,500 motorists.
Another effort augments existing FSP service with additional tow trucks in construction areas as another means of
construction -related congestion mitigation during peak commuter hours. This is currently taking place on SR-91 to
mitigate congestion during construction on the La Sierra Avenue and Green River Road interchange projects.
Goods Movement
The impact of delays caused by freight trains traveling through Riverside County is rapidly becoming one of the
area's most pressing transportation concems. In fact, the Commission adopted, as its number one priority for the
upcoming federal reauthorization bill a robust federal investment in ACE grade separations. There are currently 61
at -grade ACE crossings in Riverside County which present conflicts between rail and highway traffic. Of the 61
crossings, three either have been completed or are scheduled for completion by 2009. Thirty-one remain as a
Commission priority that requires funding. The cost of constructing grade separations at the 31 locations is currently
estimated at $1.7 billion, yet only $414.8 million is currently committed through federal, state and local funding
sources. At the October 2008 Commission meeting, the Commission approved a strategy for funding 20 of the 31
crossings for a total project cost of $980.5 million. The balance of the needed funds—$565.7 million —will be included
as part of Commission's strategy for the upcoming federal transportation reauthorization bill.
Awards and Acknowledgements
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of
Achievement for Excellence in Financial Reporting to the Commission for its CAFR for the fiscal year ended June 30,
2007. This was the 15th straight year the Commission has received this prestigious national award, which recognizes
conformance with the highest standards for preparation of state and local government financial reports. In order to be
awarded a Certificate of Achievement, a government unit must publish an easily readable and efficiently organized
CAFR conforming to program standards. Such CAFR must satisfy both GAAP and applicable legal requirements.
x
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T h i s a w a r d f o r f i n a n c i a l r e p o r t i n g e x c e l l e n c e i s v a l i d f o r a p e r i o d o f o n e y e a r o n l y . W e b e l i e v e o u r c u r r e n t r e p o r t
c o n t i n u e s t o c o n f o r m t o t h e G F O A p r o g r a m ' s r e q u i r e m e n t s , a n d w e a r e s u b m i t t i n g i t t o t h e G F O A f o r c o n s i d e r a t i o n
f o r a n o t h e r c e r t i f i c a t e .
T h e C A F R e a c h y e a r i s a c o l l a b o r a t i v e e f f o r t b y C o m m i s s i o n s t a f f a n d i t s i n d e p e n d e n t a u d i t o r s . T h e u n d e r s i g n e d a r e
g r a t e f u l t o a l l s t a f f f o r t h e i r w i l l i n g n e s s t o e x p e n d t h e e f f o r t n e c e s s a r y t o e n s u r e t h e f i n a n c i a l i n f o r m a t i o n c o n t a i n e d
h e r e i n i s i n f o r m a t i v e a n d c o m p l e t e d w i t h i n e s t a b l i s h e d d e a d l i n e s . S p e c i a l t h a n k s m u s t b e e x t e n d e d t o t h e F i n a n c e
s t a f f , C o m m i s s i o n ' s a u d i t o r s , a n d t h e p r o g r a m m a n a g e m e n t a n d s t a f f f o r t h e t i m e , e f f o r t , a n d c o m m i t m e n t s o v i t a l f o r
t h e f i n a l c o m p l e t i o n o f t h e C A F R .
I n c l o s i n g , w i t h o u t t h e l e a d e r s h i p a n d t h e s u p p o r t o f t h e B o a r d , p r e p a r a t i o n o f t h i s r e p o r t w o u l d n o t h a v e b e e n
p o s s i b l e . I t s p r u d e n t m a n a g e m e n t m u s t b e c r e d i t e d f o r t h e s t r e n g t h o f t h e C o m m i s s i o n ' s f i s c a l c o n d i t i o n , a n d i t s
v i s i o n e n s u r e s t h a t t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n w i l l b e o n t h e m o v e p l a n n i n g f o r a n d b u i l d i n g a
b e t t e r f u t u r e .
V e r y t r u l y y o u r s ,
f
A N N E M A Y E R
E x e c u t i v e D i r e c t o r
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T H E R E S I A T R E V I N O
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3 6
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P o l i c y C o m m i t t e e s
" P l a n s & P r o g r a m s " B u d g e t & I m p l e m e n t a t i o n " P r o p e r t y
M u b i m o d a l P r o g r a m s
C o m m u t e r A s s i s t a n c e
C a l l B o x P r o g r a m
F r e e w a y S e r v i c e P a t r o l
R a i l O p e r a t i o n s
T r a n s i t P l a n n i n g
A d v i s o r y C o m m i t t e e s
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i
A d m i n i s t r a t i o n
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C l e r k o f t h e B o a r d & B o a r d R e l a t i o n s
O f f i c e & R e c o r d s M a n a g e m e n t
D i s a d v a n t a g e d B u s i n e s s E n t e r p r i s e
C l a i m s & I n s u r a n c e A d m i n i s t r a t i o n
H u m a n R e s o u r c e s
B o a r d o f C o m m i s s i o n e r s
E x e c u t i v e C o m m i t t e e
L e g a l C o u n s e l
E x e c u t i v e M a n a g e m e n t
L e g i s l a t i v e A f f a i r s
& C o m m u n i c a t i o n s
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L e g i s l a t i v e A d v o a c y
L e g i s l a t i v e A n a l y s i s
P u b l i c I n f o r m a t i o n
& C o m m u n i c a t i o n s
M e d i a R e l a t i o n s
G o o d s M o v e m e n t
( a g i l e ' P r o j e c t
D e v e l o p m e n t
& D e l i v e r y
H i g h w a y & R o i l C a p i t a l P r o g r a m s
N e w C o r r i d o r s
P r o p e r t y M a n a g e m e n t
S t a t e T r a n s p o r t a t i o n
I m p r o v e m e n t P r o g r a m
R e g i o n a l T r a n s p o r t a t i o n P l a n
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- C o n t r a c t M a n a g e m e n t
& P r o a r e m e n i
"
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N a m e a n d P o s i t i o n
J e f f S t o n e
B o b M a g e e
B o b B u s t e r
B o b B o t t s
R o g e r B e r g
J o s e p h D e C o n i n c k
J o h n C h l e b n i k
M a r y C r a t o n
G r e g o r y S . P e t t i s
E d u a r d o G a r c i a
J e f f M i l l e r
Y v o n n e P a r k s
R o b i n L o w e
P a t r i c k M u l l a n y
M i c h a e l H . W i l s o n
T e r r y H e n d e r s o n
F r a n k W e s t
R i c k G i b b s
F r a n k H a l l
D i c k K e l l y
G i n n y F o a t
D a r y l R . B u s c h
G o r d o n M o l l e r
S t e v e A d a m s
C h r i s C a r l s o n
R o n R o b e r t s
J o h n F . T a v a g l i o n e
R o y W i l s o n
M a r i o n A s h l e y
K a r l a S u I c l i f f
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
L i s t o f P r i n c i p a l O f f i c i a l s
A s o f J u n e 3 0 , 2 0 0 8
B o a r d o f C o m m i s s i o n e r s
T i t l e
C h a i r ( C o m m i s s i o n )
1 a V i c e C h a i r m a n ( C o m m i s s i o n )
2 n d V i c e C h a i r m a n ( C o m m i s s i o n )
M e m b e r
V i c e C h a i r m a n ( B u d g e t & I m p l e m e n t a t i o n C o m m i t t e e )
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
V i c e C h a i r m a n ( P l a n s & P r o g r a m s C o m m i t t e e )
M e m b e r
C h a i r m a n ( P l a n s & P r o g r a m s C o m m i t t e e )
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
C h a i r m a n ( B u d g e t & I m p l e m e n t a t i o n C o m m i t t e e )
M e m b e r
M e m b e r
M e m b e r
M e m b e r
M e m b e r
G o v e r n o r ' s A p p o i n t e e
A n n e M a y e r , E x e c u t i v e D i r e c t o r
J o h n S t a n d i f o r d , D e p u t y E x e c u t i v e D i r e c t o r
C a t h y B e c h t e l , D i r e c t o r o f P r o j e c t D e v e l o p m e n t
M a r l i n F e e n s t r a , D i r e c t o r o f P r o j e c t D e l i v e r y
T h e r e s i a T r e v i n o , C h i e f F i n a n c i a l O f f i c e r
R o b e r t Y a t e s , D i r e c t o r o f M u l t i m o d a l S e r v i c e s
M a n a g e m e n t S t a f f .
A g e n c y
C o u n t y o f R i v e r s i d e , D i s t r i c t 3
C i t y o f L a k e E l s i n o r e
C o u n t y o f R i v e r s i d e , D i s t r i c t 1
C i t y o f B a n n i n g
C i t y o f B e a u m o n t
C i t y o f B l y t h e
C i t y o f C a l i m e s a
C i t y o f C a n y o n L a k e
C i t y o f C a t h e d r a l C i t y
C i t y o f C o a c h e l l a
C i t y o f C o r o n a
C i t y o f D e s e r t H o t S p r i n g s
C i t y o f H e m e t
C i t y o f I n d i a n W e l l s
C i t y o f I n d i o
C i t y o f L a Q u i n t a
C i t y o f M o r e n o V a l l e y
C i t y o f M u r r i e t a
C i t y o f N o r c o
C i t y o f P a l m D e s e r t
C i t y o f P a l m S p r i n g s
C i t y o f P e r r i s
C i t y o f R a n c h o M i r a g e
C i t y o f R i v e r s i d e
C i t y o f S a n J a c i n t o
C i t y o f T e m e c u l a
C o u n t y o f R i v e r s i d e , D i s t r i c t 2
C o u n t y o f R i v e r s i d e , D i s t r i c t 4
C o u n t y o f R i v e r s i d e , D i s t r i c t 5
C a ! t r a n s D i s t r i c t # 8
3 8
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
Riverside County
Transportation Commission
California
For its Comprehensive Annual
Financial Report
for the Fiscal Year Ended.
June 30, 2007
A Certificate of Achievement for Excellence in Financial
Reporting is presented by the Government Finance Officers
Association of the United States and Canada to
government units and public employee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting_
President
Executive Director
39
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M c G l a d r e y & P u l l e n
C e r t i f i e d P u b l i c A c c o u n t a n t s
I n d e p e n d e n t A u d i t o r ' s R e p o r t
B o a r d o f C o m m i s s i o n e r s
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
R i v e r s i d e , C a l i f o r n i a .
W e h a v e a u d i t e d t h e a c c o m p a n y i n g f i n a n c i a l s t a t e m e n t s o f t h e g o v e m m e n t a l a c t i v i t i e s , e a c h m a j o r f u n d a n d t h e
a g g r e g a t e r e m a i n i n g f u n d i n f o r m a t i o n o f t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n { t h e C o m m i s s i o n } a s o f
a n d f o r t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 , w h i c h c o l l e c t i v e l y c o m p r i s e t h e C o m m i s s i o n ' s b a s i c f i n a n c i a l s t a t e m e n t s a s
l i s t e d i n t h e t a b l e o f c o n t e n t s . T h e s e f i n a n c i a l s t a t e m e n t s a r e t h e r e s p o n s i b i l i t y o f t h e C o m m i s s i o n ' s m a n a g e m e n t .
O u r r e s p o n s i b i l i t y i s t o e x p r e s s o p i n i o n s o n t h e s e f i n a n c i a l s t a t e m e n t s b a s e d o n o u r a u d i t .
W e c o n d u c t e d o u r a u d i t i n a c c o r d a n c e w i t h a u d i t i n g s t a n d a r d s g e n e r a l l y a c c e p t e d i n t h e U n i t e d S t a t e s o f A m e r i c a
a n d t h e s t a n d a r d s a p p l i c a b l e t o f i n a n c i a l a u d i t s c o n t a i n e d i n G o v e r n m e n t A u d i t i n g S t a n d a r d s , i s s u e d b y t h e
C o m p t r o l l e r G e n e r a l o f t h e U n i t e d S t a t e s . T h o s e s t a n d a r d s r e q u i r e t h a t w e p l a n a n d p e r f o r m t h e a u d i t t o o b t a i n
r e a s o n a b l e a s s u r a n c e a b o u t w h e t h e r t h e f i n a n c i a l s t a t e m e n t s a r e f r e e o f m a t e r i a l m i s s t a t e m e n t . A n a u d i t i n c l u d e s
e x a m i n i n g , o n a t e s t b a s i s , e v i d e n c e s u p p o r t i n g t h e a m o u n t s a n d d i s c l o s u r e s i n t h e f i n a n c i a l s t a t e m e n t s . A n a u d i t
a l s o i n c l u d e s a s s e s s i n g t h e a c c o u n t i n g p r i n c i p l e s u s e d a n d s i g n i f i c a n t e s t i m a t e s m a d e b y m a n a g e m e n t , a s w e l l a s
e v a l u a t i n g t h e o v e r a l l f i n a n c i a l s t a t e m e n t p r e s e n t a t i o n . W e b e l i e v e t h a t o u r a u d i t p r o v i d e s a r e a s o n a b l e b a s i s f o r o u r
o p i n i o n s .
I n o u r o p i n i o n , t h e f i n a n c i a l s t a t e m e n t s r e f e r r e d t o a b o v e p r e s e n t f a i r l y , i n a l l m a t e r i a l r e s p e c t s , t h e r e s p e c t i v e
f i n a n c i a l p o s i t i o n o f t h e g o v e r n m e n t a l a c t i v i t i e s , e a c h m a j o r f u n d , a n d t h e a g g r e g a t e r e m a i n i n g f u n d i n f o r m a t i o n o f
t h e C o m m i s s i o n a s o f J u n e 3 0 , 2 0 0 8 , a n d t h e r e s p e c t i v e c h a n g e s i n f i n a n c i a l p o s i t i o n f o r t h e y e a r t h e n e n d e d , i n
o o n f o r m i t y w i t h a c c o u n t i n g p r i n d p l e s g e n e r a l l y a c c e p t e d i n t h e U n i t e d S t a t e s o f A m e r i c a .
I n a c c o r d a n c e w i t h G o v e m m e n t A u d i t i n g S t a n d a r d s , w e h a v e a l s o i s s u e d o u r r e p o r t d a t e d O c t o b e r 3 0 , 2 0 0 8 o n o u r
c o n s i d e r a t i o n o f t h e C o m m i s s i o n ' s i n t e r n a l c o n t r o l o v e r f i n a n c i a l r e p o r t i n g a n d o u r t e s t s o f i t s c o m p l i a n c e w i t h c e r t a i n
p r o v i s i o n s o f l a w s , r e g u l a t i o n s , c o n t r a c t s a n d g r a n t a g r e e m e n t s a n d o t h e r m a t t e r s . T h e p u r p o s e o f t h a t r e p o r t i s t o
d e s c r i b e t h e s c o p e o f o u r t e s t i n g o f i n t e m a l c o n t r o l o v e r f i n a n c i a l r e p o r t i n g a n d c o m p l i a n c e a n d t h e r e s u l t s o f t h a t
t e s t i n g , a n d n o t t o p r o v i d e a n o p i n i o n o n t h e i n t e r n a l c o n t r o l o v e r f i n a n c i a l r e p o r t i n g o r o n c o m p l i a n c e . T h a t r e p o r t i s
a n i n t e g r a l p a r t o f a n a u d i t p e r f o r m e d i n a c c o r d a n c e w i t h G o v e r n m e n t A u d i t i n g S t a n d a r d s a n d s h o u l d b e c o n s i d e r e d
i n a s s e s s i n g t h e r e s u l t s o f o u r a u d i t .
T h e m a n a g e m e n t ' s d i s c u s s i o n a n d a n a l y s i s a n d b u d g e t a r y c o m p a r i s o n i n f o r m a t i o n , a s l i s t e d i n t h e t a b l e o f c o n t e n t s ,
a r e n o t a r e q u i r e d p a r t o f t h e b a s i c f i n a n c i a l s t a t e m e n t s b u t a r e s u p p l e m e n t a r y i n f o r m a t i o n r e q u i r e d b y t h e
a c c o u n t i n g p r i n c i p l e s g e n e r a l l y a c c e p t e d i n t h e U n i t e d S t a t e s o f A m e r i c a . W e h a v e a p p l i e d c e r t a i n l i m i t e d
p r o c e d u r e s , w h i c h c o n s i s t e d p r i n c i p a l l y o f i n q u i r i e s o f m a n a g e m e n t r e g a r d i n g t h e m e t h o d s o f m e a s u r e m e n t a n d
p r e s e n t a t i o n o f t h e r e q u i r e d s u p p l e m e n t a r y i n f o r m a t i o n . H o w e v e r , w e d i d n o t a u d i t t h e i n f o r m a t i o n a n d e x p r e s s n o
o p i n i o n o n i t .
M o G l a d r e y 8 P u l l e n , L I P i s a m e m b e r f i r m o f R S M I n t e r n a t i o n a l ,
a n a f f i l i a t i o n o f s e p a r a t e a n d i n d e p e n d e n t l e g a l e n t i t i e s .
4 0
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise
the Commission's basic financial statements. The combining and individual nonmajor fund financial statements and
other schedules, listed in the table of contents as supplementary information, are presented for purposes of
additional analysis and are not a required part of the basic financial statements. Such information has been subjected
to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in
all material respects in relation to the basic financial statements taken as a whole.
The accompanying introductory and statistical sections, as listed in the table of contents, are presented for purposes
of additional analysis and are not a required part of the basic financial statements. This information has not been
subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we
express no opinion on them.
free, e��
Riverside, Califomia
October 30, 2008
2
41
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R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
M a n a g e m e n t s D i s c u s s i o n a n d A n a l y s i s
Y e a r E n d e d J u n e 3 0 , 2 0 0 8
A s m a n a g e m e n t o f t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n ( C o m m i s s i o n ) , w e o f f e r r e a d e r s o f t h e
C o m m i s s i o n ' s f i n a n c i a l s t a t e m e n t s t h i s n a r r a t i v e o v e r v i e w a n d a n a l y s i s o f t h e C o m m i s s i o n ' s f i n a n c i a l a c t i v i t i e s f o r t h e
f i s c a l y e a r e n d e d J u n e 3 0 , 2 0 0 8 . W e e n c o u r a g e r e a d e r s t o c o n s i d e r t h e i n f o r m a t i o n o n f i n a n c i a l p e r f o r m a n c e
p r e s e n t e d h e r e i n c o n j u n c t i o n w i t h t h e t r a n s m i t t a l l e t t e r o n p a g e s i - x i a n d t h e C o m m i s s i o n ' s f i n a n c i a l s t a t e m e n t s
w h i c h b e g i n o n p a g e 1 5 .
F i n a n c i a l H i g h l i g h t s
" T o t a l n e t a s s e t s o f t h e C o m m i s s i o n w e r e $ 5 8 0 , 1 8 4 , 2 4 2 a n d c o n s i s t e d o f i n v e s t e d c a p i t a l a s s e t s , n e t o f
r e l a t e d d e b t , o f $ 2 0 7 , 4 7 8 , 0 3 4 ; r e s t r i c t e d n e t a s s e t s o f $ 5 2 1 , 7 1 1 , 1 7 2 ; a n d u n r e s t r i c t e d n e t a s s e t ( d e f i c i t ) o f
( $ 1 4 9 , 0 0 4 , 9 6 4 ) .
" T h e u n r e s t r i c t e d n e t a s s e t ( d e f i c i t ) r e s u l t s p r i m a r i l y f r o m t h e r e c o r d i n g o f t h e d e b t i s s u e d f o r M e a s u r e A
h i g h w a y , l o c a l s t r e e t a n d r o a d , a n d r e g i o n a l a r t e r i a l p r o j e c t s . A s t i t l e t o t h o s e a s s e t s v e s t s w i t h t h e S t a t e o f
C a l i f o m i a ( S t a t e ) D e p a r t m e n t o f T r a n s p o r t a t i o n ( C a ' t r a n s ) o r l o c a l j u r i s d i c t i o n s , t h e r e i s n o a s s e t
c o r r e s p o n d i n g t o t h e l i a b i l i t y . A c c o r d i n g l y , t h e C o m m i s s i o n d o e s n o t h a v e s u f f i c i e n t c u r r e n t r e s o u r c e s o n
h a n d t o c o v e r c u r r e n t a n d l o n g - t e r m l i a b i l i t i e s ; h o w e v e r , f u t u r e M e a s u r e A s a l e s t a x e s a r e p l e d g e d t o c o v e r
M e a s u r e A d e b t s e r v i c e p a y m e n t s w h e n m a d e .
" N e t a s s e t s i n c r e a s e d b y $ 1 9 , 8 3 0 , 8 2 3 d u r i n g f i s c a l 2 0 0 8 . G e n e r a l r e v e n u e s c o n s i s t i n g p r i m a r i l y o f s a l e s
t a x e s a n d i n v e s t m e n t e a r n i n g s a r e t h e m a j o r f u n d i n g s o u r c e f o r t h e g o v e m m e n t a l a c t i v i t i e s . T h e c h a n g e i n
n e t a s s e t s w a s l o w e r t h a n i n p r i o r y e a r s d u e t o t h e d e c l i n e i n s a l e s t a x e s a n d T r a n s p o r t a t i o n U n i f o r m
M i t i g a t i o n F e e ( T U M F ) r e v e n u e s a s a r e s u l t o f a s l o w d o w n i n t h e l o c a l e c o n o m y .
" T o t a l c a p i t a l a s s e t s , n e t o f a c c u m u l a t e d d e p r e c i a t i o n , w e r e $ 2 1 2 , 3 2 1 , 3 2 8 a t J u n e 3 0 , 2 0 0 8 , r e p r e s e n t i n g a n
i n c r e a s e o f $ 5 3 , 4 0 5 , 5 8 3 , o r 3 4 % , f r o m J u n e 3 0 , 2 0 0 7 . T h e i n c r e a s e i n c a p i t a l a s s e t s w a s p r i m a r i l y r e l a t e d
t o t h e p u r c h a s e s o f l a n d f o r t h e M i d C o u n t y P a r k w a y , a p r o p o s e d C o m m u n i t y E n v i r o n m e n t a l T r a n s p o r t a t i o n
A c c e p t a b i l i t y P r o c e s s ( C E T A P ) c o r r i d o r .
" T h e C o m m i s s i o n ' s g o v e m m e n t a l f u n d s r e p o r t e d c o m b i n e d e n d i n g f u n d b a l a n c e s o f $ 5 3 1 , 0 4 4 , 0 9 4 , a
d e c r e a s e o f $ 1 9 , 1 1 6 , 5 1 9 c o m p a r e d t o f i s c a l 2 0 0 7 . A p p r o x i m a t e l y 7 7 % o f t h e g o v e m m e n t a l f u n d b a l a n c e s
r e p r e s e n t a m o u n t s a v a i l a b l e f o r t h e M e a s u r e A p r o g r a m , i n c l u d i n g d e b t s e r v i c e a n d f u n d i n g f r o m t h e
i s s u a n c e o f s a l e s l a x r e v e n u e b o n d s a n d c o m m e r c i a l p a p e r n o t e s , a n d t h e T U M F p r o g r a m .
O v e r v i e w o f t h e F i n a n c i a l S t a t e m e n t s
T h i s d i s c u s s i o n a n d a n a l y s i s a r e i n t e n d e d t o s e r v e a s a n i n t r o d u c t i o n t o t h e C o m m i s s i o n ' s b a s i c f i n a n c i a l s t a t e m e n t s ,
w h i c h a r e c o m p r i s e d o f t h r e e c o m p o n e n t s c o n s i s t i n g o f g o v e r n m e n t - w i d e f i n a n c i a l s t a t e m e n t s , f u n d f i n a n c i a l
s t a t e m e n t s , a n d n o t e s t o t h e f i n a n c i a l s t a t e m e n t s . T h i s r e p o r t a l s o c o n t a i n s r e q u i r e d s u p p l e m e n t a r y i n f o r m a t i o n a n d
o t h e r s u p p l e m e n t a r y i n f o r m a t i o n i n a d d i t i o n t o t h e b a s i c f i n a n c i a l s t a t e m e n t s .
G o v e r n m e n t - w i d e F i n a n c i a l S t a t e m e n t s
T h e g o v e m m e n t - w i d e f i n a n c i a l s t a t e m e n t s a r e d e s i g n e d t o p r o v i d e r e a d e r s w i t h a b r o a d o v e r v i e w o f t h e
C o m m i s s i o n ' s f i n a n c e s , i n a m a n n e r s i m i l a r t o a p r i v a t e - s e c t o r b u s i n e s s .
3
4 2
The statement of net assets presents information on all of the Commission's assets and liabilities, with the difference
between assets and liabilities reported as net assets. Over time, increases or decreases in net assets may serve as a
useful indicator of whether the financial position of the Commission is improving or deteriorating.
The statement of activities presents information showing how the Commission's net assets changed during the fiscal
year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs,
regardless of the timing of related cash flows.
The government -wide financial statements report the functions of the Commission that are principally supported by
sales taxes and intergovernmental revenues, or govemmental activities. The governmental activities of the
Commission include general government, the Measure A program, CETAP, regional arterials, commuter rail, transit
and specialized transportation services, planning and programming, bicycle and pedestrian projects, motorist
services, and right of way management. Measure A program services are divided within the three regions of
Riverside County (County), namely Western County, Coachella Valley, and Palo Verde Valley.
The government -wide financial statements include only the Commission and its blended component unit. The
government -wide financial statements can be found on pages 15-16 of this report.
Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated
for specific activities or objectives. Fund accounting is used to ensure and demonstrate compliance with finance -
related legal requirements. All of the Commission's funds can be divided into two categories: governmental funds
and fiduciary funds.
Govemmental funds are used to account for essentially the same functions reported as govemmental activities in
the government -wide financial statements; however, governmental fund financial statements focus on near -term
inflows and outflows of spendable resources and on balances of spendable resources available at the end of the
fiscal year. Such information may be useful in evaluating a government's near -term financing requirements.
Since the focus of governmental funds is narrower than that of the government -wide financial statements, it is useful
to compare the information presented for governmental funds with similar information presented for governmental
activities in the govemment-wide financial statements. As a result, readers may better understand the long-term
impact of the government's near -term financing decisions. Both the govemmental fund balance sheet and related
statement of revenues, expenditures and changes in fund balances provide a reconciliation to facilitate this
comparison between govemmental funds and govemmental activities.
The Commission maintains 12 individual govemmental funds. Information is presented separately in the
governmental fund balance sheet and in the related statement of revenues, expenditures and changes in fund
balances for the Commission's major governmental funds comprised of the General fund; Measure A Westem
County, Measure A Coachella Valley, Transportation Uniform Mitigation Fee, and Local Transportation Fund Special
Revenue funds; Commercial Paper Capital Projects fund; and Debt Service fund. Data from the other five
govemmental funds are combined into a single, aggregated presentation. Individual fund data for each of these
nonmajor governmental funds is provided in the form of combining statements in the other supplementary information
section.
The Commission adopts an annual appropriated budget for the General fund, all Special Revenue funds, all Capital
Projects funds, and the Debt Service fund. Budgetary comparison schedules have been provided for the General
fund and major Special Revenue funds as required supplementary information and for the nonmajor Special
Revenue funds and the Capital Projects and Debt Service funds as other supplementary information to demonstrate
compliance with these budgets.
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43
"
"
"
T h e g o v e m m e n t a l f u n d f i n a n c i a l s t a t e m e n t s , i n c l u d i n g t h e r e c o n c i l i a t i o n b e t w e e n t h e f u n d f i n a n c i a l s t a t e m e n t s a n d
t h e g o v e m m e n t - w i d e f i n a n c i a l s t a t e m e n t s , c a n b e f o u n d o n p a g e s 1 8 - 2 0 o f t h i s r e p o r t .
F i d u c i a r y f u n d s a r e u s e d t o a c c o u n t f o r r e s o u r c e s h e l d f o r t h e b e n e f i t o f p a r t i e s o u t s i d e t h e C o m m i s s i o n . F i d u c i a r y
f u n d s a r e n o t r e f l e c t e d i n t h e g o v e m m e n t - w i d e f i n a n c i a l s t a t e m e n t s , a s t h e r e s o u r c e s o f t h o s e f u n d s a r e n o t a v a i l a b l e
t o t h e C o m m i s s i o n t o s u p p o r t t h e C o m m i s s i o n ' s o w n p r o g r a m s . T h e f i d u c i a r y f u n d s a r e a c c o u n t e d f o r u s i n g t h e
a c c r u a l b a s i s o f a c c o u n t i n g . T h e f i d u c i a r y f u n d f i n a n c i a l s t a t e m e n t s c a n b e f o u n d o n p a g e 2 1 o f t h i s r e p o r t .
N o t e s t o t h e F i n a n c i a l S t a t e m e n t s
T h e n o t e s p r o v i d e a d d i t i o n a l i n f o r m a t i o n t h a t i s e s s e n t i a l t o a f u l l u n d e r s t a n d i n g o f t h e d a t a p r o v i d e d i n t h e
g o v e m m e n t - w i d e a n d f u n d f i n a n c i a l s t a t e m e n t s . T h e n o t e s t o t h e f i n a n c i a l s t a t e m e n t s c a n b e f o u n d o n p a g e s 2 2 4 2
o f t h i s r e p o r t .
O t h e r I n f o r m a t i o n
O t h e r i n f o r m a t i o n i s i n a d d i t i o n t o t h e b a s i c f i n a n c i a l s t a t e m e n t s a n d a c c o m p a n y i n g n o t e s t o t h e f i n a n c i a l s t a t e m e n t s .
T h i s r e p o r t a l s o p r e s e n t s c e r t a i n r e q u i r e d s u p p l e m e n t a r y i n f o r m a t i o n c o n c e m i n g t h e C o m m i s s i o n ' s b u d g e t a r y r e s u l t s
f o r t h e G e n e r a l f u n d a n d m a j o r S p e c i a l R e v e n u e f u n d s w i t h a p p r o p r i a t e d b u d g e t s . R e q u i r e d s u p p l e m e n t a r y
i n f o r m a t i o n c a n b e f o u n d o n p a g e s 4 4 - 4 6 o f t h i s r e p o r t .
T h e c o m b i n i n g s t a t e m e n t s r e f e r r e d t o e a r l i e r r e l a t i n g t o n o n m a j o r g o v e m m e n t a l f u n d s a r e p r e s e n t e d i m m e d i a t e l y
f o l l o w i n g t h e r e q u i r e d s u p p l e m e n t a r y i n f o r m a t i o n . O t h e r s u p p l e m e n t a r y i n f o r m a t i o n i n c l u d e s b u d g e t a r y r e s u l t s f o r t h e
n o n m a j o r S p e c i a l R e v e n u e f u n d s , a l l C a p i t a l P r o j e c t s f u n d s , a n d t h e D e b t S e r v i c e f u n d a s w e l l a s s c h e d u l e s o f
e x p e n d i t u r e s f o r l o c a l s t r e e t s a n d r o a d s , e x p e n d i t u r e s f o r t r a n s i t a n d s p e c i a l i z e d t r a n s p o r t a t i o n , a n d c h a n g e s i n
a s s e t s a n d l i a b i l i t i e s f o r t h e a g e n c y f u n d . T h i s o t h e r s u p p l e m e n t a r y i n f o r m a t i o n c a n b e f o u n d o n p a g e s 4 8 - 5 5 o f t h i s
r e p o r t .
G o v e r n m e n t - w i d e F i n a n c i a l A n a l y s i s
A s n o t e d p r e v i o u s l y , n e t a s s e t s m a y s e r e o v e r t i m e a s a u s e f u l i n d i c a t o r o f a g o v e r n m e n t ' s f i n a n c i a l p o s i t i o n . A t
J u n e 3 0 , 2 0 0 8 , t h e C o m m i s s i o n ' s a s s e t s e x c e e d e d l i a b i l i t i e s b y $ 5 8 0 , 1 8 4 , 2 4 2 , a $ 1 9 , 8 3 0 , 8 2 3 i n c r e a s e f r o m J u n e 3 0 ,
2 0 0 7 . O u r a n a l y s i s b e l o w f o c u s e s o n t h e n e t a s s e t s a n d c h a n g e s i n n e t a s s e t s o f t h e C o m m i s s i o n ' s g o v e r n m e n t a l
a c t i v i t i e s .
N e t A s s e t s
A p p r o x i m a t e l y 3 6 % , c o m p a r e d t o 2 6 % i n 2 0 0 7 , o f t h e C o m m i s s i o n ' s n e t a s s e t s r e f l e c t i t s i n v e s t m e n t i n c a p i t a l a s s e t s
( i . e . , c o n s t r u c t i o n i n p r o g r e s s ; l a n d a n d i m p r o v e m e n t s ; r a i l o p e r a t i n g e a s e m e n t s ; r a i l s t a t i o n s ; a n d o f f i c e f u m i t u r e ,
e q u i p m e n t , a n d a u t o m o b i l e s ) , l e s s a n y r e l a t e d o u t s t a n d i n g d e b t u s e d t o a c q u i r e t h o s e a s s e t s , p r i m a r i l y r e l a t e d t o r a i l
a n d l a n d . T h e C o m m i s s i o n u s e s t h e s e c a p i t a l a s s e t s t o p r o v i d e t r a n s p o r t a t i o n a n d c o m m u t e r r a i l t r a n s i t s e r v i c e s t o
t h e r e s i d e n t s a n d b u s i n e s s c o m m u n i t y o f t h e C o u n t y . T h e i n c r e a s e o f $ 5 9 , 6 0 3 , 7 4 3 i n n e t a s s e t s i n v e s t e d i n c a p i t a l
a s s e t s , n e t o f r e l a t e d d e b t , f r o m g o v e m m e n t a l a c t i v i t i e s r e s u l t e d p r i m a r i l y f r o m t h e a c q u i s i t i o n o f l a n d f o r t h e M i d
C o u n t y P a r k w a y p r o j e c t a n d t h e r e d u c t i o n i n t h e r e l a t e d d e b t .
T h e m o s t s i g n i f i c a n t p o r t i o n o f t h e C o m m i s s i o n ' s n e t a s s e t s r e p r e s e n t s r e s o u r c e s s u b j e c t t o e x t e m a l r e s t r i c t i o n s o n
h o w t h e y m a y b e u s e d . R e s t r i c t e d n e t a s s e t s f r o m g o v e r n m e n t a l a c t i v i t i e s r e p r e s e n t e d a p p r o x i m a t e l y 9 0 % a n d 9 5 %
o f t h e t o t a l n e t a s s e t s a t J u n e 3 0 , 2 0 0 8 a n d 2 0 0 7 , r e s p e c t i v e l y . R e s t r i c t e d n e t a s s e t s f r o m g o v e r n m e n t a l a c t i v i t i e s
d e c r e a s e d b y $ 9 , 4 4 3 , 0 0 5 , p r i m a r i l y a s a r e s u l t o f t h e u s e o f r e s t r i c t e d n e t a s s e t s f o r h i g h w a y a n d r e g i o n a l a r t e r i a l
p r o j e c t s a n d t h e d e c r e a s e d s a l e s t a x a n d T U M F r e v e n u e s d u e t o t h e s l o w d o w n i n t h e l o c a l e c o n o m y .
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4 4
Unrestricted net assets represent the portion of net assets that can be used to finance day -today operations without
constraints established by debt covenants, enabling legislation, or other legal requirements. Unrestricted net assets
from governmental activities changed from a $118,675,049 deficit at June 30, 2007 to a $149,004,964 deficit at June
30, 2008. This deficit results primarily from the impact of recording of the Commission's long-term debt, consisting of
sales tax revenue bonds and commercial paper notes, issued for Measure A highway, local street and road, and
regional arterial projects. While a significant portion of the debt has been incurred to build these projects which are
capital assets, upon completion these projects are transferred to Ca[trans or the local jurisdiction. Accordingly, these
projects are not assets of the Commission that offset the long-term debt in the statement of net assets.
The following is condensed financial data related to net assets at June 30, 2008 and June 30,
Net Assets
Current and other assets
Capital assets not being depreciated
Capital assets being depreciated, net of accumulated depreciation
Total assets
Long-term obligations
Other liabilities
Total liabilities
Net assets:
Invested in capital assets, net of related debt
Restricted
Unrestricted (deficit)
Total net assets
Changes in Net Assets
June 30, 2008
$ 578,874,105
169,622,405
42,698,923
2007:
June 30, 2007
$ 595,302,115
114,047,469
44,868,276
791,195,433
165,231,179
45,780,012
754,217,860
148,098,948
45,765,493
211,011,191
207,478,034
521,711,172
(149,004,964)
193,864,441
147,874,291
531,154,177
(118,675,049)
$ 580,184,242 $ 560,353,419
The Commission's total program and general revenues were $301,197,350, while the total cost of all programs was
$281,366,527. Total revenues decreased by 10%, and the total cost of all programs increased by 11%.
Approximately 14% of the costs of the Commission's programs were paid by those who directly benefited from the
programs or by other governments that subsidized certain programs with grants and contributions. Sales taxes
ultimately financed a significant portion of the programs' net costs.
Govemmental activities increased the Commission's net assets by $19,830,823, and condensed financial data
related to the change in net assets is presented in the table below. Key elements of this increase are as follows:
• Operating grants and contributions decreased by $18,922,129, or 40% as a result of declining TUMF fees
and new home construction affected by the subprime mortgage crisis;
• Capital grants and contributions increased by $9,121,988 because of project expenditure reimbursements
related to the Perris Valley Line extension and North Main Corona parking structure;
• Measure A sales tax revenues decreased by $12,002,175, or 8%, due to the weakened local economy,
especially the housing sector;
• Transportation Development Act (TDA) sales taxes decreased by $11,118,013, or 11%, due to the
slowdown of the local economy affected by a slowdown in the housing market and the decrease in State
Transit Assistance (STA) revenues resulting from the previous years funding increases at the state level;
• Gain on sale of capital assets did not occur in fiscal 2008 since the sale of surplus rail property related to the
previous year;
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Year Ended
Changes in Net Assets June 30, 2008 June 30, 2007
Revenues
Program revenues:
Charges for services $ 862,455 $ 500,486
Operating grants and contributions 28,391,787 47,313,916
Capital grants and contributions 9,742,280 620,292
General revenues:
Measure A sales taxes 142,537,548 154,539,723
Transportation Development Act (TDA) sales taxes 93,042,150 104,160,163
Unrestricted investment earnings 25,055,456 23,897,399
Other miscellaneous revenue 1,565,674 1,571,716
Gain on sale of capital assets - 3,278,022
Total revenues 301,197,350 335,881,717
Expenses
General govemment 5,299,048 5,592,637
Bicycle and pedestrian facilities 1,436,710 760,840
CETAP 8,017,024 5,433,499
Commuter assistance 3,464,834 3,122,306
Commuter rail 14,832,473 12,458,895
Highways 59,988,334 42,436,979
Local streets and roads 54,520,115 60,099,526
Motorist assistance 3,983,252 2,408,612
Planning and. programming 7,931,869 6,561,185
Right of way management 551,960 631,996
Regional arterials 31,131,731 30,756,287
Transit and specialized transportation 83,927,945 75,567,829
Interest expense 6,281,232 6,881,128
Total expenses 281,366,527 252,711,719
Increase in net assets 19,830,823 83,169,998
Net assets at beginning of year 560,353,419 477,183,421
Net assets at end of year $ 580,184,242 $ 560,353,419
• Bicycle and pedestrian facilities expenses increased by $675,870, or 89% due to local jurisdiction claims of
previous year's allocations;
• CETAP expenses increased by $2,583,525, or 48%, due to preliminary engineering activities related to the
Mid County Parkway project;
• Commuter rail expenses increased by $2,373,578, or 19%, as a result of increased operating costs and
program management activities related to the North Main Corona commuter rail station and Perris Valley
Line extension project;
• Highway expenses increased by $17,551,355, or 41%, due 10 land mitigation costs and project engineering,
right of way, and construction activities on various 1989 Measure A and 2009 Measure A projects
throughout the County;
• Local streets and roads expenses decreased by $5,579,411, or 9%, due to the decline in sales tax revenues
resulting from the slowdown in the local economy;
• Motorist assistance expenses increased by $1,574,640, or 65%, due to technology upgrades and ADA site
accessibility improvements for the call boxes;
7
46
" P l a n n i n g a n d , p r o g r a m m i n g e x p e n s e s i n c r e a s e d b y $ 1 , 3 7 0 , 6 8 4 , o r 2 1 % , p r i m a r i l y f r o m g e o t e c h n i c a l f i e l d
e x p l o r a t i o n a n d e v a l u a t i o n f o r t h e p r o p o s e d I r v i n e - C o r o n a E x p r e s s w a y p r o j e c t ; a n d
" T r a n s i t a n d s p e c i a l i z e d t r a n s p o r t a t i o n e x p e n s e s i n c r e a s e d b y $ 8 , 3 6 0 , 1 1 6 , o r 1 1 % , d u e t o i n c r e a s e d
a l l o c a t i o n s f o r p u b l i c t r a n s i t b u s a n d c o m m u t e r r a i l o p e r a t i o n s .
T h e g r a p h b e l o w d e p i c t s p r o g r a m e x p e n s e s f o r t h e C o m m i s s i o n ' s g o v e r n m e n t a l a c t i v i t i e s f o r t h e f i s c a l y e a r e n d e d
J u n e 3 0 , 2 0 0 8 :
$ 9 0 , 0 0 0 , 0 0 0
$ 8 0 , 0 0 0 , 0 0 0
$ 7 0 , 0 0 9 , 0 0 0
$ 6 0 , 0 0 0 , 0 0 0
$ 5 0 , 0 0 0 , 0 0 0
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T h e g r a p h b e l o w p r e s e n t s t h e p r o g r a m a n d g e n e r a l r e v e n u e s b y s o u r c e f o r t h e C o m m i s s i o n ' s g o v e r n m e n t a l a c t i v i t i e s
f o r t h e f i s c a l y e a r e n d e d J u n e 3 0 , 2 0 0 8 :
O p e r a t i n g g r a n t s
a n d c o n t r i b u t i o n s
9 � %
U n r e s t r i c t e d
i n v e s t m e n t
e a r n i n g s
8 %
T r a n s p o r t a t i o n
D e v e l o p m e n t A c t
s a l e s t a x e s
3 1 � %
O t h e r
1 0 %
C a p i t a l g r a n t s
a n d c o n t r i b u t i o n s
3 %
8
M e a s u r e A s a l e s
t a x e s
4 8 � %
"
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"
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F i n a n c i a l A n a l y s i s o f t h e C o m m i s s i o n ' s F u n d s
A s o f J u n e 3 0 , 2 0 0 8 , t h e C o m m i s s i o n ' s g o v e r n m e n t a l f u n d s r e p o r t e d c o m b i n e d e n d i n g f u n d b a l a n c e s o f
$ 5 3 1 , 0 4 4 , 0 9 4 , a d e c r e a s e o f $ 1 9 , 1 1 6 , 5 1 9 c o m p a r e d t o 2 0 0 7 . . L e s s t h a n 1 % , o r $ 3 , 2 8 2 , 4 6 0 , o f t h i s t o t a l a m o u n t
c o n s t i t u t e s u n r e s e r v e d f u n d b a l a n c e w h i c h i s a v a i l a b l e f o r s p e n d i n g a t t h e C o m m i s s i o n ' s d i s c r e t i o n . T h e u n r e s e r v e d
f u n d b a l a n c e h a s b e e n d e s i g n a t e d p r i m a r i l y f o r b i c y c l e a n d p e d e s t r i a n p r o j e c t s a n d f o r m o t o r i s t a s s i s t a n c e s e r v i c e s .
T h e r e m a i n d e r o f t h e f u n d b a l a n c e i s r e s e r v e d t o i n d i c a t e t h a t i t i s n o t a v a i l a b l e f o r n e w s p e n d i n g b e c a u s e o f t h e
f o l l o w i n g c o m m i t m e n t s :
" $ 2 , 5 7 6 , 6 5 8 i n T D A f u n d s t h a t h a v e b e e n a l l o c a t e d t o c i t i e s w i t h i n t h e C o u n t y f o r b i c y c l e a n d p e d e s t r i a n
p r o j e c t s ;
" $ 8 7 , 1 3 8 , 1 4 3 f o r n e w C E T A P c o r r i d o r s i n W e s t e m C o u n t y ;
" $ 1 5 , 3 1 4 , 9 9 3 f o r c o m m u t e r a s s i s t a n c e a c t i v i t i e s s u c h a s t h e r i d e s h a r i n g p r o g r a m , t h e p a r k - a n d - r i d e
p r o g r a m , a n d o t h e r i n c e n t i v e s f o r c o m m u t e r s t o u s e a l t e r n a t i v e m o d e s o f t r a n s p o r t a t i o n ;
" $ 8 3 , 6 2 6 , 2 5 9 p r i m a r i l y f o r c o m m u t e r r a i l c a p i t a l p r o j e c t s i n c l u d i n g t h e P e r r i s V a l l e y L i n e e x t e n s i o n w h i c h i s
e x p e c t e d t o b e c o m p l e t e d i n 2 0 1 1 ;
" $ 4 9 , 6 7 9 , 0 5 9 r e l a t e d t o d e b t s e r v i c e t h a t i s t o b e p a i d o v e r t h e n e x t t w o y e a r s ;
" $ 1 1 4 , 6 8 2 , 9 2 3 f o r h i g h w a y p r o j e c t s t o b e c o m p l e t e d o v e r t h e r e m a i n d e r o f t h e 1 9 8 9 M e a s u r e A ;
" $ 1 6 , 2 8 6 , 7 1 6 i n l o a n s a n d a d v a n c e s r e c e i v a b l e f r o m c i t i e s a n d t h e C o a c h e l l a V a l l e y A s s o c i a t i o n o f
G o v e r n m e n t s ( C V A G ) f o r f u n d s t h a t w e r e l o a n e d t o t h e m t o e n a b l e t h e c o n s t r u c t i o n a n d i m p r o v e m e n t o f
r o a d s a n d t h a t a r e t o b e r e p a i d f r o m t h e i r f u t u r e M e a s u r e A l o c a l s t r e e t s a n d r o a d s o r r e g i o n a l a r t e r i a l
f u n d i n g ;
" $ 3 0 4 , 7 5 9 f o r l o c a l s t r e e t s a n d r o a d s p r o g r a m s t h a t a r e r e t u r n e d t o t h e c i t i e s w i t h i n t h e C o u n t y f o r
m a i n t e n a n c e o f t h e i r r o a d s a n d l o c a l a r t e r i a l s ;
" $ 1 , 5 5 6 , 1 2 2 i n t h e G e n e r a l f u n d a v a i l a b l e f o r p l a n n i n g a n d p r o g r a m m i n g a c t i v i t i e s ;
" $ 4 1 8 , 7 9 2 i n p r e p a i d a m o u n t s f o r v a r i o u s e x p e n d i t u r e s ;
" $ 2 , 6 0 2 , 5 1 5 i n r i g h t o f w a y m a n a g e m e n t f u n d s t h a t w e r e g e n e r a t e d f r o m h i g h w a y a n d r a i l p r o p e r t i e s t h a t w i l l
b e u s e d f o r t h o s e p r o g r a m s ;
" $ 5 , 1 3 5 , 5 5 3 f o r r e g i o n a l a r t e r i a l s i n t h e C o a c h e l l a V a l l e y a n d $ 3 5 , 9 4 2 , 9 3 1 f o r r e g i o n a l a r t e r i a l s i n W e s t e m
C o u n t y ;
" $ 1 0 , 3 7 0 , 6 6 0 f o r W e s t e r n C o u n t y s p e c i a l i z e d t r a n s p o i t a t i o n p r o j e c t s ; a n d
" $ 1 0 2 , 1 2 5 , 5 5 1 i n T D A f u n d s a v a i l a b l e t o t h e c o m m u t e r r a i l a n d b u s t r a n s i t o p e r a t o r s i n t h e C o u n t y .
T h e f o l l o w i n g t a b l e p r e s e n t s t h e c h a n g e s i n f u n d b a l a n c e s f o r t h e g o v e r n m e n t a l f u n d s f o r t h e f i s c a l y e a r s e n d e d J u n e
3 0 , 2 0 0 8 a n d 2 0 0 7 :
G e n e r a l f u n d
F u n d B a l a n c e s
Y e a r E n d e d J u n e 3 0
2 0 0 8 2 0 0 7 % C h a n g e
$ 1 0 , 1 2 5 , 2 3 7 $ 9 , 9 4 8 , 0 3 8 2 %
S p e c i a l R e v e n u e m a j o r f u n d s :
M e a s u r e A W e s t e m C o u n t y 2 1 1 , 4 2 7 , 3 2 9 1 9 3 , 9 5 6 , 8 5 2 9 %
M e a s u r e A C o a c h e l l a V a l l e y 1 7 , 0 2 7 , 9 0 5 1 5 , 4 8 3 , 2 3 1 1 0 %
T r a n s p o r t a t i o n U n i f o r m M i t i g a t i o n F e e 1 2 3 , 0 8 1 , 0 7 4 1 5 9 , 3 3 6 , 1 1 2 ( 2 3 ) %
L o c a l T r a n s p o r t a t i o n F u n d 7 4 , 9 2 2 , 4 5 5 8 3 , 7 6 7 , 1 1 2 ( 1 1 ) %
C o m m e r c i a l P a p e r C a p i t a l P r o j e c t s f u n d 6 , 3 2 7 , 3 5 8 2 8 , 7 9 7 , 5 5 8 ( 7 8 ) %
D e b t S e r v i c e f u n d 5 0 , 8 3 8 , 1 8 4 3 1 , 2 5 5 , 0 5 9 6 3 %
N o n m a j o r g o v e r n m e n t a l f u n d s 3 7 , 2 9 4 , 5 5 2 2 7 , 6 1 6 , 6 5 1 3 5 %
9
4 8
Key elements for the changes in fund balances are as follows:
• The 9% increase in the Measure A Westem County Special Revenue fund resulted from the excess of
Measure A sales tax revenues over commuter rail, highway, and specialized transportation program
expenditures as these programs' activities include multi -year funding commitments for specified projects
that are in varying stages;
• The 10% increase in the Measure A Coachella Valley Special Revenue fund was attributed to the excess of
Measure A sales tax revenues over highway and regional arterial program expenditures as these programs'
activities include multi -year funding commitments for specified projects that are in varying stages;
• The 23% decrease in the Transportation Uniform Mitigation Fee Special Revenue fund was due to a 65°%
decrease in TUMF revenues caused by the housing slowdown and a 109°% increase in total expenditures
for CETAP projects and payments to local jurisdictions for regional arterial projects;
• The 11% decrease in the Local Transportation Fund related to a 17% increase in transit expenditures for
public bus and rail operators and the use of approximately $8.8 million in reserved fund balances;
• The 78°% decrease in the Commercial Paper Capital Projects fund was attributed to the use of commercial
paper proceeds for the advance funding of 2009 Measure A projects;
• The 63% increase in the Debt Service fund was due to the use of the 2008 Series A-1 and A-2 sales tax
revenue bond (2008 bonds) proceeds to fund debt service reserve and capitalized interest funds that are
maintained by the trustee; and
• The 35% increase in the nonmajor governmental funds resulted from the excess of STA revenues over
expenditures to public bus and rail operators, as allocations to the operators are primarily for capital needs
that may have long procurement cycles.
General Fund Budgetary Highlights
Differences between the original budget and the final amended budget for the General fund resulted in a $1,197,872
increase in appropriations and were related to the following changes:
• $142,911 increase to administration primarily for salaries and benefits as a result of postretirement health
care costs and for the implementation of an intemal audit program;
• $336,080 increase to the commuter rail program for increased transit services and for repairs and security
relating to the Commission's commuter rail stations;
• $260,874 increase for various planning and programming services primarily related to professional services
for the multi -county goods movement activities;
• $263,207 increase to right of way management activities related to consultant support services;
• $10,800 increase to transit and specialized transportation for adjustments to various planning services; and
• $184,000 of increases to intergovemmental distributions related to the development of a county
transportation model.
Budget increases were budgeted from available fund balance and new revenues.
During the year, revenues were below budgetary estimates by $2,095,972 primarily as a result of tower
intergovernmental reimbursements; however, expenditures were less than budgetary estimates by $5,303,585, thus
eliminating the need to draw upon existing fund balance. General fund budgetary variances between the final
amended budget and actual amounts are as follows:
10
•
•
49
"
"
"
Y e a r E n d e d J u n e 3 0 , 2 0 0 8
G e n e r a l F u n d B u d g e t a r y V a r i a n c e s
R e v e n u e s
S a l e s t a x e s
I n t e r g o v e r n m e n t a l
I n t e r e s t
O t h e r
T o t a l r e v e n u e s
E x p e n d i t u r e s
C u r r e n t
A d m i n i s t r a t i o n
P r o g r a m s
I n t e r g o v e r n m e n t a l d i s t r i b u t i o n s
C a p i t a l o u t l a y
T o t a l e x p e n d i t u r e s
O t h e r f i n a n c i n g s o u r c e s ( u s e s )
T r a n s f e r s i n
T o t a l o t h e r f i n a n c i n g s o u r c e s ( u s e s )
F i n a l A m e n d e d
B u d g e t
A c t u a l
% V a r i a n c e
$ 1 5 , 5 6 3 , 8 0 0 $ 1 5 , 2 5 1 , 4 8 2 ( 2 ) %
4 , 8 8 9 , 2 7 6 2 , 8 5 2 , 7 4 8 ( 4 2 ) %
3 2 9 , 4 2 3 4 6 6 , 9 3 7 4 2 %
4 5 7 , 7 0 3 5 7 3 , 0 6 3 2 5 %
$ 2 1 , 2 4 0 , 2 0 2 $ 1 9 , 1 4 4 , 2 3 0 ( 1 0 ) %
$ 4 , 6 0 0 , 0 0 7 $ 3 , 8 7 7 , 9 0 1 1 6 %
1 8 , 3 0 3 , 5 6 1 1 4 , 2 7 6 , 0 0 0 2 2 %
1 , 3 5 1 , 6 0 0 9 9 2 , 4 6 0 2 7 %
3 0 6 , 4 4 8 1 1 1 , 6 7 0 6 4 %
$ 2 4 , 5 6 1 , 6 1 6 $ 1 9 , 2 5 8 , 0 3 1 2 2 %
$ 2 5 0 , 0 0 0 $ 2 9 1 , 0 0 0 1 6 %
$ 2 5 0 , 0 0 0 $ 2 9 1 , 0 0 0 1 6 %
S i g n i f i c a n t b u d g e t a r y v a r i a n c e s b e t w e e n t h e f i n a l a m e n d e d b u d g e t a n d a c t u a l a m o u n t s a r e a s f o l l o w s :
" $ 2 , 0 3 6 , 5 2 8 n e g a t i v e v a r i a n c e f o r i n t e r g o v e m m e n t a l r e v e n u e s t h a t a r e o n a r e i m b u r s e m e n t b a s i s a n d a r e
r e c e i v e d a s p r o j e c t e x p e n d i t u r e s a r e i n c u r r e d a n d b i l l e d t o t h e r e s p e c t i v e a g e n c i e s ;
" $ 7 2 2 , 1 0 6 p o s i t i v e v a r i a n c e f o r a d m i n i s t r a t i o n p r i m a r i l y r e l a t e d t o p r o f e s s i o n a l s e r v i c e s a n d o t h e r
e x p e n d i t u r e s s u c h a s i n s u r a n c e a n d e q u i p m e n t , f u r n i t u r e , a n d o f f i c e i m p r o v e m e n t s ; a n d
" $ 4 , 0 2 7 , 5 6 1 p o s i t i v e v a r i a n c e f o r p r o g r a m s d u e t o d e l a y s i n p r e l i m i n a r y e n g i n e e r i n g a c t i v i t i e s o n t h e
p r o p o s e d I r v i n e - C o r o n a E x p r e s s w a y p r o j e c t a n d t o p r o f e s s i o n a l s e r v i c e s , p r o p e r t y m a i n t e n a n c e , a n d
s u p p o r t s e r v i c e s f o r r i g h t o f w a y m a n a g e m e n t o f h i g h w a y a n d r a i l p r o p e r t i e s .
C a p i t a l A s s e t s a n d D e b t A d m i n i s t r a t i o n
C a p i t a l A s s e t s
A s o f J u n e 3 0 , 2 0 0 8 , t h e C o m m i s s i o n h a d $ 2 1 2 , 3 2 1 , 3 2 8 , n e t o f a c c u m u l a t e d d e p r e c i a t i o n , i n v e s t e d i n a b r o a d r a n g e
o f c a p i t a l a s s e t s i n c l u d i n g c o n s t r u c t i o n i n p r o g r e s s ; l a n d a n d l a n d i m p r o v e m e n t s ; r a i l o p e r a t i n g e a s e m e n t s a n d
s t a t i o n s ; a n d o f f i c e i m p r o v e m e n t s , f u m i t u r e , e q u i p m e n t , a n d v e h i c l e s . T h e t o t a l i n c r e a s e i n t h e C o m m i s s i o n ' s t o t a l
c a p i t a l a s s e t s , n e t f o r F Y 2 0 0 7 l 0 8 w a s 3 4 % .
M a j o r c a p i t a l a s s e t a d d i t i o n s d u r i n g 2 0 0 8 i n c l u d e d l a n d p u r c h a s e s f o r t h e M i d C o u n t y P a r k w a y p r o j e c t a s w e l l a s
c o n s t r u c t i o n i n p r o g r e s s r e l a t e d t o p r e l i m i n a r y e n g i n e e r i n g c o s t s f o r t h e S t a t e R o u t e ( S R ) 9 1 a n d I n t e r s t a t e ( I ) 1 5 t o l l
p r o j e c t s a n d t h e P e r r i s V a l l e y L i n e e x t e n s i o n a n d c o n s t r u c t i o n o f t h e N o r t h M a i n C o r o n a r a i l s t a t i o n p a r k i n g s t r u c t u r e .
T h e t a b l e b e l o w i s a c o m p a r a t i v e s u m m a r y o f t h e C o m m i s s i o n ' s c a p i t a l a s s e t s , n e t o f a c c u m u l a t e d d e p r e c i a t i o n :
1 1
5 0
June 30, 2008
June 30, 2007
Capital Assets not being depreciated:
Land and land improvements
Rail operating easements
Construction in progress
Total capital assets not being depreciated
Capital Assets being depreciated, net of accumulated depreciation:
Rail stations
Office improvements, furniture, equipment, and vehicles
Total capital assets, net of accumulated depreciation
Total capital assets
$ 114,391,969
39,484,143
15,746,293
$ 169,622,405
$ 72,589,408
399,484,143
1,973,918
$ 114,047,469
$ 42,352,794
346,129
42,698,923
$ 212,321,328
$ 44,522,240
346,036
44,868,276
$ 158,915,745
More detailed information about the Commission's capital assets is presented in Note 4 to the financial statements.
Debt Administration
As of June 30, 2008, the Commission had bonds outstanding under two different authorizations: the original 1989
Measure A program and the 2009 Measure A program. On that date, the Commission had $160,025,000 in
outstanding sales tax revenue bonds, consisting of $126,395,000 of the 2008 bonds under the 2009 Measure A
program and $33,630,000 of other sales tax revenue bonds issued under the 1989 Measure A program. The total
debt increased from the $65,495,000 outstanding as of June 30, 2007. During the fiscal year, the Commission issued
its 2008 bonds to refinance the outstanding commercial paper notes and fund capitalized interest and a reserve fund.
The 2008 bonds represented the initial issuance of long-term sales tax revenue bonds under the 2009 Measure A
program. These bonds received ratings of "AA+" from Standard & Poor's (S&P), "Aa2" from Moody's Investors
Service (Moody's), and "AA" from Fitch Ratings (Fitch). The ratings from S&P and Moody's were consistent with the
existing ratings from each of these agencies, and the Fitch rating for the 2008 bonds represented its first rating for
the Commission.
The current debt limitation for the Commission under the 1989 Measure A is $525,000,000, which is significantly in
higher than the Commission's outstanding 1989 Measure A debt. All of the outstanding bonds payable from the 1989
Measure A program mature in June 2009.
For the 2009 Measure A program, the total outstanding debt is limited to $500,000,000. In March 2005 the
Commission established a $185,000,000 commercial paper program to provide advance funding for 2009 Measure A
capital projects. The commercial paper notes are rated °A1+" by S&P and "P1" by Moody's. As of June 30, 2008, the
Commission had refinanced all of the then outstanding principal amount of the commercial paper notes with the
issuance of the 2008 bonds.
Additional information on the Commission's long-term debt can be found in Note 6 to the financial statements.
Economic Factors and Other Factors
During its March 2008 Commission meeting, the Commission adopted guiding principles for use in the preparation of
the FY 2008/09 Budget. These principles have been incorporated in goals of the Commission and will continue to be
updated annually in response to the ever -changing social, political, and economic environment. The principles are a
business planning tool designed to assist the Commission in implementing its strategic goals and objectives and lays
the foundation for future financial planning for the annual budget process.
12
51
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"
"
T h e C o m m i s s i o n a d o p t e d t h e F Y 2 0 0 8 / 0 9 a n n u a l b u d g e t o n J u n e 1 1 , 2 0 0 8 . O v e r 6 0 % o f t h e $ 6 3 1 , 4 6 5 , 9 0 0 b a l a n c e d
b u d g e t i s r e l a t e d t o c a p i t a l p r o j e c t e x p e n d i t u r e s , i n c l u d i n g : $ 6 4 , 5 0 0 , 0 ( 1 0 f o r t h e M i d C o u n t y P a r k w a y p r e l i m i n a r y
e n g i n e e r i n g / e n v i r o n m e n t a l a c t i v i t i e s a n d r i g h t o f w a y a c q u i s i t i o n ; $ 1 3 , 0 5 0 , 0 0 0 f o r t h e S R - 7 9 r e a l i g n m e n t s t u d y a n d
r i g h t o f w a y a c q u i s i t i o n ; $ 5 0 , 1 7 6 , 6 0 0 t o s u p p o r t v a r i o u s c i t y h i g h w a y a n d r e g i o n a l a r t e r i a l c o n s t r u c t i o n p r o j e c t s i n
W e s t e m C o u n t y a n d t h e C o a c h e l l a V a l l e y ; $ 2 9 , 1 5 8 , 0 0 0 f o r v a r i o u s W e s t e m C o u n t y T U M F r e g i o n a l a r t e r i a l p r o j e c t s ;
$ 7 6 , 5 5 8 , 4 0 0 f o r M S H C P l a n d a c q u i s i t i o n i n W e s t e m C o u n t y a n d t h e C o a c h e l l a V a l l e y ; $ 2 4 , 9 3 0 , 0 0 0 f o r p r e l i m i n a r y
e n g i n e e r i n g a n d r i g h t o f w a y s u p p o r t s e r v i c e s r e l a t e d t o t h e S R - 9 1 a n d 1 - 1 5 c o r r i d o r i m p r o v e m e n t p r o j e c t s c o n s i s t i n g
o f t o l l a n d m i x e d f l o w l a n e s a n d i n t e r c h a n g e i m p r o v e m e n t s ; $ 3 7 , 2 0 0 , 0 0 0 f o r c o n s t r u c t i o n a n d r i g h t o f w a y a c q u i s i t i o n
r e l a t e d t o t h e S R - 9 1 h i g h o c c u p a n c y v e h i c l e l a n e s f r o m A d a m s S t r e e t t o t h e S R - 6 0 / S R - 9 1 / 1 - 2 1 5 i n t e r c h a n g e ;
$ 2 3 , 4 8 0 , 0 0 0 f o r t h e P e r r i s V a l l e y L i n e M e t r o l i n k e x t e n s i o n p r o j e c t e n g i n e e r i n g a n d r i g h t o f w a y a c q u i s i t i o n ;
$ 1 4 , 1 5 0 , 0 0 0 f o r f i n a l d e s i g n , e n g i n e e r i n g , a n d c o n s t r u c t i o n o f t h e N o r t h M a i n C o r o n a s t a t i o n p a r k i n g s t r u c t u r e ; a n d
$ 5 0 , 0 8 5 , 3 0 0 f o r d i s t r i b u t i o n s t o t h e l o c a l j u r i s d i c t i o n s f o r l o c a l s t r e e t s a n d r o a d s . B u d g e t e d e x p e n d i t u r e s r e l a t e d t o
f u n d i n g o f p u b l i c b u s a n d r a i l t r a n s i t o p e r a t i o n s a n d c a p i t a l p r o j e c t s i n t h e C o u n t y a g g r e g a t e $ 1 0 8 , 3 5 9 , 0 0 0 . D e b t
s e r v i c e c o s t s o f $ 4 6 , 6 7 3 , 4 0 0 r e p r e s e n t a n o t h e r s i g n i f i c a n t e x p e n d i t u r e i n t h e b u d g e t .
L e a d i n g e c o n o m i c i n d i c a t o r s s h o w t h a t t h e l o c a l e c o n o m y h a s b e e n i m p a c t e d b y t h e h o u s i n g m a r k e t c r i s i s a n d
s u b p r i m e m o r t g a g e c r i s i s , r e s u l t i n g i n a s l o w d o w n i n p o p u l a t i o n a n d j o b g r o w t h . T h e s e f a c t o r s w e r e c o n s i d e r e d i n
p r e p a r i n g t h e C o m m i s s i o n ' s 2 0 0 8 f i s c a l y e a r b u d g e t , i n c l u d i n g t h e s a l e s t a x a n d T U M F f e e r e v e n u e p r o j e c t i o n s .
T h e r e a r e o b v i o u s v a r i a b l e s i n t e r m s o f p r o j e c t f i n a n c i n g a v a i l a b l e f r o m f e d e r a l a n d s t a t e f u n d s . T h e r e i s c o n t i n u i n g
u n c e r t a i n t y r e l a t e d t o t h e f i s c a l c o n d i t i o n o f t h e s t a t e o f C a l i f o m i a a n d t h e i m p a c t o n t r a n s p o r t a t i o n a s w e l l a s t h e
s t a t u s o f t h e f e d e r a l t r a n s p o r t a t i o n t r u s t f u n d . T h e C o m m i s s i o n c o n t i n u e s t o s t u d y i n n o v a t i v e f i n a n c i n g a l t e m a t i v e s
s u c h a s p u b l i c t o l l f a c i l i t i e s a n d f e d e r a l f i n a n c i n g p r o g r a m s t o s u p p o r t t h e d e l i v e r y o f 2 0 0 9 M e a s u r e A p r o j e c t s .
C o n t a c t i n g t h e C o m m i s s i o n ' s M a n a g e m e n t
T h i s f i n a n c i a l r e p o r t i s d e s i g n e d t o p r o v i d e a g e n e r a l o v e r v i e w o f t h e C o m m i s s i o n ' s f i n a n c e s f o r a l l t h o s e w i t h a n
i n t e r e s t i n t h e g o v e r n m e n t ' s f i n a n c e s a n d i o s h o w t h e C o m m i s s i o n ' s a c c o u n t a b i l i t y f o r t h e m o n e y i t r e c e i v e s .
Q u e s t i o n s c o n c e r n i n g a n y o f t h e i n f o r m a t i o n p r o v i d e d i n t h i s r e p o r t o r r e q u e s t s f o r a d d i t i o n a l i n f o r m a t i o n s h o u l d b e
a d d r e s s e d t o t h e C h i e f F i n a n c i a l O f f i c e r , F i n a n c e D e p a r t m e n t a t t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n ,
4 0 8 0 L e m o n S t r e e t , 3 r o F l o o r , P . O . B o x 1 2 0 0 8 , R i v e r s i d e , C a l i f o m i a 9 2 5 0 2 - 2 2 0 8 .
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Riverside County Transportation Commission
Statement of Net Assets
June 30,2008
Govemmental
Activities
Assets
Cash and investments $ 448,678,406
Receivables:
Accounts 60,090,038
Advances to other govemments 13,559,238
Loans 1,589,518
Interest 5,083,601
Due from other governments 3,698,904
Prepaid expenses and other assets 1,556 Y84
Restricted investments held by trustee 44,618,116
Capital assets not being depreciated 169,622 405
Capital assets, net of accumulated depreciation 42,698,923
Total assets 791,195,433
Liabilities
Accounts payable 41,692,213
Interest payable 483,079
Other liabilities 3,604,720
Long-term liabilities:
Due within one year 37,470,807
Due in more than one year 127,760,372
Total liabilities 211,011,191
Net assets
Invested in capital assets, net of related debt 207,478,034
Restricted for:
Bicycle and pedestrian facilities 2,576,658
CETAP 87,138,143
Commuter assistance 15,609,260
Commuter rail 83,630,554
Debt service 52,149,335
Highways 112,909,138
Local streets and roads 5,812,544
Planning and programming 1,557,601
Right of way management 2,602,616
Regional arterials 45 229112
Transit and specialized transportation 112,496,211
Unrestricted (deficit) (149,004,964)
Total net assets $ 580,184,242
See notes to financial statements
15
54
Riverside County Transportation Commission
Statement of Activities
Year Ended June 30, 2008
Net(Expense)Revenue
Program Revenues and Changes in Net Assets
Charges for Operating Grants Capital Grants Governmental
Functions/Programs Expenses Services and Contributions and Contributions Activities -
Primary Government
GovemmentalAcrwities: - General government $ 5299,048 $ 2,331 $ - $ $ (5,296,717)
Bicycle and pedestrian *Res 1,436,710 - - (1,436,710)
CETAP 8,017,024 - 7,017,385 (999,639)
Commuter assistance 3,464,834 1,575,591 (1,889,243)
Commuter rail 14,832,473 352,826 207,637 9,742,280 (4,529,730)
Highways 59,988,334 - 4,911,765 - (55,076,569)
Local streets and roads 54,520,115 - - _ ..(54,520,115)
Motorist assistance 3,983,252 - 3,604;155 - (378,797)
Planning and programming 7,931,869 3,467,571 (4,464298)
FSght of way management 551,960 507298 - (44,662)
Regional arterials 31,131,731 - 7,598,223 - (23,533,508)
Transit and specialized transportation 83,927,945 9,160 - (83,918,785)
Interest expense 6,281,232 - - _. (6281,232)
Total govemmenal ac0vittes 281,366,527 $ 862,455 $ 28,391,787 $ 9,742,280 (242,370,005)
See notes to financial statements
General Revenues:
Measure A sales taxes
Transportation Development Act sales taxes
Unrestricted investment earnings
Other miscellaneous revenue
Total general revenues
Change in net assets
142,537,548
93,042,150
25,055,456
1,565,674
262,200,828
19,830,823
Net assets at beginning of year 560,353,419
Net assets al end of year $ 580,184,242
16
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• • •
Riverside County Transportation Commission
Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Assets
June 30, 2008
Total fund balances - Governmental funds (page 17) $ 531.044,094
Amounts reported for governmental activities in the statement of net assets (page 14) are different because:
.Capital asses, less related accumulated depreciation, used in governmental activities are not financial
resources and therefore are not reported la the funds. 212,321,328
Other long-term asses are not available to pay for current -period expenditures and, therefore, are deferred in funds. 1,395,586
Interest payable on bonds outstanding is not due and payable in the current period and therefore is
not reported in the funds- (483,079)
Debt issuance cuss are not current financial resources and therefore are not reported in the governmental funds. 1,137,492
Lang -term iabifities are not due and payable in the current period and therefore
are not reported in the funds. Those iabffities consist of
Compensated absences - - (392,944)
Con0acts payable (1,100,000)
Bonds payable (160,025,000)
Premium on debt issuance (3.713,235)
Net adjustment (165,231,179)
Net assets of governmental activities (page 15) $ 580,184242
See notes to financial slatements
18
•
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9 6 9 0 I e r A I N W 1 0 0 % m e m o & u u l
e n u e e e v m o o d y
p 1 0 u e 0
s p u n d m ( r w
8 0 0 5 ' D S w a r P 8 9 6 3 + 0 9 6
s p u n d l q u e m u " s e o u e p 6 W n d t e * 6 9 u e e 0 p u e e a r r e p u a d e g ' s e n u e e s y J D p o m m e l s
9 8 8 = 9 u e p e p e d s u u l A w n e 9 e 8 8 6 6 9
"
"
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
R e c o n c i l i a t i o n o f t h e S t a t e m e n t o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e s i n
F u n d S a l a a m s o f G o v e r n m e n t a l F u n d s t o t h e S t a t e m e n t o f A c t i v i t i e s
F o r t h e Y e a r E n d e d J u n e 3 0 , 2 0 0 8
N e t c h a n g e i n f u n d b a l a n c e s - T o t a l g o v e r n m e n t a l f u n d s ( p a g e 1 9 ) $ ( 1 9 , 1 1 6 , 5 1 9 )
A m o u n t s r e p o r t e d f o r g o v e m r e n t a l a c t i v i t i e s i n t h e s t a t e m e n t o f a c t i v i t i e s ( p a g e 1 6 ) a r e d i f f e r e n t b e c a u s e :
R e v e n u e s i n t h e s t a t e m e n t o f a c t i v i t i e s t h a t d o n o t p r o v i d e c u r r e n t f n a n d a l r e s o u r c e s a r e
n o t r e p o r t e d a s r e v e n u e s i n t h e f u n d s 1 , 3 1 1 , 1 5 1
G o v e r n m e n t a l f u n d s r e p o r t c a p i t a l o u t l a y s a s e x p e n d i t u r e s . H o w e v e r
i n t h e s t a t e m e n t o f a c t i v i t i e s , t h e c o s t o f t h o s e a s s e t s i s a t o c a t e d
o v e r t h e i r e s t i m a t e d u s e f u l [ l v e s a n d r e p o r t e d a s d e p r e c i a t i o n e x p e n s e .
T h e a d j u s h n e n t c o m b i n e s t h e n e t c h a n g e s c i t e f o l l o w i n g a m o u n t s :
C a p i t a l o u t l a y
D e p r e d a t i o n e x p e n s e
N e t a d j u s t m e n t s
T h e i s s u a n c e o f l o n g t e r m d e b t ( e . g . , b o n d s ) p r o v i d e s c u r r e n t f i n a n c i a l
r e s o u r c e s t o g o v e m m e n t a l f u n d s , w h i l e t h e r e p a y m e n t o f t h e p r i n c i p a l
o f l o n g - t e r m d e b t c o n s u m e s t h e c u r r e n t f i n a n c i a l r e s o u r c e s o f g o v e r n m e n t a l
f u n d s . N e i t h e r t r a n s a c t i o n , h o w e v e r . h a s a n y e f f e c t o n n e t a s s e t s . A l s o ,
g o v e r n m e n t a l f u n d s r e p o r t t h e e f f e c t o f i s s u a n c e c o s t s , p r e m i u m s , d i s c o u n t s , a n d
s i m i a n i t e m s w h e n d e b t i s f a s t i s s u e d , w h e r e a s t h e s e a m o u n t s a r e d e f e r r e d a n d
a m o r t i z e d i n t h e s t a t e m e n t o f a c t i v i t i e s . T h e a d j u s t m e n t c o m b i n e s t h e n e t c h a n g e s
o f t h e f o l l o w i n g a m o u n t s :
5 5 , 6 7 8 . 6 0 3
( 2 , 2 7 3 , 0 2 0 )
5 3 , 4 0 5 , 5 8 3
P r i n c i p a l p a y m e n t s f o r s a l e s t a x r e v e n u e b o n d s a n d c o m m e r c i a l p a p e r n o t e s 1 4 1 , 8 7 0 , 0 0 0
I s s u a n c e o f c o m m e r c i a l p a p e r n o t e s ( 3 0 , 0 0 0 , 0 0 0 )
I s s u a n c e o f s a l e s t a x r e v e n u e b o n d s ( 1 2 6 , 3 9 5 . 0 0 0 )
P r e m i u m o n s a t e s t a x r e v e n u e b o n d s ( 3 , 8 5 4 , 0 2 1 )
I s s u a n c e c o s t s o n s a l e s t a x r e v e n u e b o n d s 1 , 1 0 7 , 5 0 8
A m o r t i z a t i o n o f b o n d p r e m i u m 1 4 0 , 7 8 6
A m o r t i z a t i o n o f d e b t I s s u a n c e c o s t s ( 1 3 4 , 3 8 0 )
A r b i t r a g e [ l a b i l i t y 1 7 1 , 1 4 7
C h a n g e i t a c c r u e d i n t e r e s t 2 1 8 , 5 6 4
H i g h w a y e x p e n d i t u r e r e l a t e d t o c o n t r a c t p a y a b l e 1 , 0 0 0 , 0 0 0
N e t a d j u s t r n e n t s ( 1 5 , 8 7 5 , 3 9 6 )
S o m e e x p e n s e s r e p o r t e d i n t h e s t a t e m e n t o f a c t i v i t i e s d o n o t r e q u i r e
t h e u s e o f c u r r e n t f i n a n c i a l r e s o u r c e s a n d t h e r e f o r e a r e n o t r e p o r t e d a s
e x p e n d i t u r e s i n g o v e r n m e n t a l f u n d s . T h e a d j u s t m e n t c o m b i n e s t h e n e t
c h a n g e s o f t h e f o l l o w i n g a m o u n t s :
C o m p e n s a t e d a b s e n c e s 1 0 6 , 0 0 4
C h a n g e i n n e t a s s e t s o f g o v e r n m e n t a l a c t i v i t i e s ( p a g e 1 6 ) $ 1 9 , 8 3 0 , 8 2 3
S e e n o t e s t o f i n a n c i a l s t a t e m e n t s
2 0
5 9
Riverside County Transportation Commission
Statement of Fiduciary Net Assets
June 30, 2008
Assets
Cash and investments
Interest receivable
Total assets
Liabilities
Due to postretirement health care benefits plan
Due to other governments
See notes to financial statements
21
Agency Fund
60
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 1. Summary of Significant Accounting Policies
Reporting entity: The Riverside County Transportation Commission (Commission) was formed in 1976 under
Division 12 (commencing with Section 130000) of the California Public Utilities Code. The Commission is a special
district govemed by a 30-member board of commissioners (Board) consisting of one representative from each city in
the county, all five county supervisors, and a nonvoting state representative.
The Commission provides short-range transportation planning and programming for Riverside County (County),
which includes the administration of the Local Transportation Fund (LTF) and the State Transit Assistance (STA)
programs created under the Transportation Development Act (TDA) by the State of California (State). The LTF is
administered by the Commission on behalf of the County. The purpose of this program is to allocate funds for public
transportation needs, local streets and roads, bicycle and pedestrian facilities, and multimodal transportation
terminals. The STA program allocates funds for public transportation purposes to those geographic areas with
special public transportation needs, which cannot be met otherwise.
On November 8, 1988, the Commission was empowered by the voters of the County, under Ordinance No. 88-1
(1989 Measure A), to collect a one-half of one percent sales tax for the purpose of improving the transportation
system of the County. Measure A was enacted, in part, pursuant to the provisions of Division 25 (commencing with
Section 240000) of the California Public Utilities Code and Section 7252.22 of the Revenue and Taxation Code. On
November 12, 2002 Riverside County's voters approved a 30-year renewal of Measure A under Ordinance
No. 02-001 (2009 Measure A). The voter action ensures the replacement of the 1989 Measure A program when it
expires in 2009 with a new 30 year program that will continue funding improvements until June 2039.
In connection with the 2009 Measure A program, the County and cities in the Westem County area implemented a
Transportation Uniform Mitigation Fee (TUMF) program to fund a regional arterial system to handle the traffic
demands in the Westem County area as a result of future development. Under The 2009 Measure A program, the
Commission shall receive the first $400 million of TUMF revenues to fund the regional arterial projects and new
Community Environmental Transportation Acceptability Process (CETAP) corridors included in the 2009 Measure A
Transportation Improvement Plan. As a result of the commencement of the TUMF program prior to the 2009 Measure
A program, a Memorandum of Understanding (MOU) between the Commission and the Westem Riverside Council of
Govemments (WRCOG), administrator of the TUMF program, was executed regarding the allocation of TUMF
revenues, net of a set -aside for WRCOG administration costs, until the 2009 Measure A program is effective. Under
the MOU, the majority of net revenues are allocated in equal amounts to the Commission for regional arterial projects
and to WRCOG for local arterial projects; a small percentage is allocated for public transit. In September 2008, the
Commission approved an amendment to the MOU whereby the $400 million cap was lifted and the Commission will
continue to receive its share of TUMF revenues indefinitely.
As required by accounting principles generally accepted in the United States, the basic financial statements include
all funds of the Commission including those of the Service Authority for Freeway Emergencies (SAFE), a component
unit, for which the Commission is considered financially accountable. SAFE was created under Chapter 14
(commencing with Section 2550) of Division 3 of the California Streets and Highways Code and Sections 2421.5 and
9250.1 of the Vehicle Code. SAFE receives monies from fees levied on registered vehicles to be used to implement
and maintain an emergency motorist aid system, as specified, on portions of the California Freeway and Expressway
System in the County. The governing body of SAFE is substantially identical to that of the Commission and is
responsible for approval of SAFE's budget. SAFE is presented as a special revenue fund. Separate financial
statements are not issued for SAFE.
There are many other governmental agencies, including the County of Riverside, providing services within the area
served by the Commission. These other govemmental agencies have independently elected governing boards and
22
61
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 1. Summary of Significant Accounting Policies, Continued
consequently are not under the direction of the Commission. Financial information for these agencies is not included
in the accompanying financial statements.
Basis of presentation: The Commission's basic financial statements consist of govemment-wide financial
statements, including a statement of net assets and a statement of activities, and fund financial statements which
provide a more detailed level of financial information.
Govemment-wide statements: The statement of net assets and the statement of activities report information on all of
the nonfiduciary activities of the Commission. The effect of interfund activity has been removed from these
statements. These statements report governmental activities, which normally are supported by taxes and
intergovemmental revenues. The Commission does not have any business -type activities, which rely to a significant
extent on charges and fees for support.
The statement of activities demonstrates the degree to which the program expenses of a given function are offset by
program revenues. Program expenses include direct expenses, which are clearly identifiable with a specific function,
and allocated indirect expenses. Program revenues include 1) charges to customers or applicants who purchase,
use, or directly benefit from goods, services, or privileges provided by a given function and 2) grants and
contributions that are restricted to meeting the operational or capital requirements of a particular function. Taxes and
other internally dedicated resources, which are propedy not included among program revenues, are reported instead
as general revenues.
Fund financial statements: The fund financial statements provide information about the Commission's funds,
including its fiduciary funds, though the latter are excluded from the government -wide financial statements. Separate
financial statements are provided for govemmental and fiduciary funds. The emphasis of fund financial statements is
on major governmental funds, each displayed in a separate column. All remaining govemmental funds are
aggregated and reported as nonmajor funds.
The Commission reports the following major governmental funds:
General Fund: The General Fund is the general operating fund of the Commission and accounts for financial
resources not required to be accounted for in another fund.
Measure A Western County Special Revenue Fund: This fund accounts for the revenues from sales taxes
which are restricted to expenditures for 1989 Measure A and 2009 Measure A Western County programs and
activities.
Measure A Coachella Valley Special Revenue Fund: This fund accounts for the revenues from sales taxes
which are restricted to expenditures for 1989 Measure A and 2009 Measure A Coachella Valley programs and
activities.
Transportation Uniform Mitigation Fee Fund: This special revenue fund accounts for TUMF revenues, which
are restricted to expenditures for Western County regional arterial and CETAP projects.
Local Transportation Fund: This special revenue fund accounts for the one -quarter percent of the state sales
tax collected within the County under TDA for planning and programming, bicycle and pedestrian facilities, and
transit operations including the Commission's commuter rail operations.
23
62
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 1. Summary of Significant Accounting Policies, Continued
Commercial Paper Capital Projects Fund: This fund records proceeds from the issuance of commercial paper
notes and the use of these proceeds to advance right of way and mitigation land acquisition and project
development for capital projects included in the 2009 Measure A.
Debt Service Fund: This fund accounts for the resources accumulated and payments made for principal and
interest on the sales tax revenue bonds.
Additionally, the Commission reports the foNowing fund type:
Agency Fund: This fiduciary fund accounts for proceeds from a subordinate debt issue for various cities' local
street and road projects and the prefunding of the postretirement health benefits actuarial accrued liability.
Measurement focus and basis of accounting: The govemment-wide financial statements are reported using the
economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned,
and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Grants and
similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been
met.
Govemmental fund financial statements are reported using the current financial resources measurement focus and
the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and
available. Revenues are considered to be available when they are collectible within the current period or soon
enough thereafter to pay liabilities of the current period. For this purpose, the Commission considers revenues to be
available if they are collected within 180 days of the end of the current fiscal period. Expenditures generally are
recorded when a liability is incurred; however, principal and interest expenditures on long-term debt as well as
compensated absences and claims and judgments are recorded only when payment is due.
Those revenues susceptible to accrual include sales taxes collected and held by the State at year-end on behalf of
the Commission, TUMF, intergovemmental revenues, interest revenue, and vehicle registration user fees. In applying
the susceptible -to -accrual concept to intergovernmental revenues, there are essentially two types of revenues. In
one, moneys must be expended on the specific purpose or project before any amounts will be paid to the
Commission; therefore, revenues are recognized based upon expenditures incurred. In the other, moneys are
virtually unrestricted and are usually revocable only for failure to comply with prescribed compliance requirements.
These resources are reflected as revenues at the time of receipt or earlier if the susceptible -to -accrual criteria are
met.
The fiduciary fund financial statements, which consist solely of agency funds, have no measurement focus and are
reported using the accrual basis of accounting.
Cash and investments: The Commission maintains cash and investments in accordance with an investment policy
adopted initially by the Board on September 13, 1995, and most recently amended April 9, 2008. The investment
policy complies with, or is more restrictive than, applicable state statutes. Investments of bond and commercial paper
proceeds as permitted by the applicable bond documents are maintained by U.S. Bank as custodial bank, and the
earnings for each bond and commercial paper issue are accounted for separately. Cash from other Commission
revenue sources is commingled for investment purposes, with investment eamings allocated to the different accounts
based on average monthly dollar account balances.
The Commission's investment policy authorizes investments in U.S. Treasury notes and bonds, federal agency
notes, repurchase agreements, corporate bonds, commercial paper, banker's acceptances, money market mutual
24
63
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 1. Summary of Significant Accounting Policies, Continued
funds, the Riverside County Pooled Investment Fund (RCPIF), the State of Califomia Local Agency Investment Fund
(LAIF), and certificates of deposit. Other investments permitted by the Califomia Government Code (Code) are
permitted but only with prior Board authorization, except for securities that could result in zero interest accrual if held
to maturity that are ineligible. LAIF is regulated by Code Section 16429 and is under the management of the State
Treasurer with oversight provided by the Local Agency Investment Advisory Board. Oversight of the 'RCPIF is
conducted by the County Treasury Oversight Committee. All investments, except for those related to bond reserve
funds, are subject to a maximum maturity of five years unless specific direction to exceed the limit is given by the
Board. Local Transportation Fund moneys are legally required to be deposited in the RCPIF.
The RCPIF and the LAIF are carried at fair value based on the value of each participating dollar as provided by the
RCPIF and LA1F, respectively. The fair value of the Commission's position in the RCPIF and LAIF is the same as the
value of the pool shares. Investments in U.S. govemment and agency securities are carried at fair value based on
quoted market prices. Money market mutual funds are carried at fair value based on each fund's share price.
Bank balances are secured by the pledging of a pool of eligible securities to collateralize the Commission's deposits
with the bank in accordance with the Code.
Accounts receivable: Accounts receivable consist primarily of Measure A and LTF sales tax revenues from the
State Board of Equalization on all taxable sales within the County of Riverside, Califomia through June 30, 2008.
Intel -fund transactions: During the course of operations, numerous transactions occur between individual funds
involving goods provided or services rendered. There are also transfers of revenues from funds authorized to receive
the revenue to funds authorized to expend it. Outstanding interfund balances are reported as due from/to other funds;
intemal financing balances are reported as advances to/from other funds.
Restricted investments held by trustee: Restricted investments held by trustee represent unexpended bond
proceeds, interest eamings thereon, and capitalized interest and reserve amounts of sales tax revenue bonds. Under
the related bond resolutions and indentures, any remaining bond proceeds are restricted for the use of future
construction improvements to the respective projects, for debt service, or for reserve requirements in accordance
with applicable debt covenants.
Capital assets: Capital assets consisting of land and land improvements; construction in progress; rail easements;
rail stations; and office fumiture, equipment, and vehicles are reported in govemmental activities in the government -
wide financial statements. Capital assets are defined by the Commission as assets with an initial, individual cost of
more than $5,000 and an estimated useful life in excess of three years. Such assets are recorded at historical costs
or estimated historical costs if purchased or constructed. Donated capital assets are recorded at estimated fair value
at the date of donation.
Highway construction and certain purchases of right of way property, for which title vests with the Califomia
Department of Transportation, are included in highway program expenditures. Infrastructure consisting primarily of
highway construction and right of way acquisition is not recorded as a capital asset, because the Commission does
not have title to such assets or rights of way. However, costs related to the development of toll lanes are recorded as
construction in progress, as the Commission anticipates obtaining franchise rights from the state to operate such toll
lanes for a certain period of time. Accordingly, the Commission adopted Government Accounting Standards Board
(GASB) Statement No. 51, Accounting and Financial Reporting for Intangible Assets, during the year ended June 30,
2008. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend the
life of the asset are not capitalized.
25
64
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 1. Summary of Significant Accounting Policies, Continued
Rail stations, furniture and equipment, and vehicles of the primary govemment are depreciated using the straight-line
method over the following estimated useful lives:
Asset Type Useful Life
Rail stations 10 to 30 years
Office fumiture and equipment 3 to 5 years
Vehicles
5 years
Compensated absences: Vacation leave in govemmental funds that is due and payable at year-end is reported as
an expenditure and a liability of the General fund. Eamed vacation leave that is not currently due is reported as a
long-term liability in the government -wide financial statements.
Sick leave is recorded as an expenditure in the General fund when taken by the employee. Employees with
continuous five years of service have the option of being paid for sick leave accumulated in excess of 240 hours at a
rate of 50% (i.e., one hour's pay for every two hours in excess of 240). Any sick leave in excess of 240 hours is
accrued at fiscal year end, and a liability is reported in the govemment-vide financial statements. Sick leave that is
due and payable at year-end is reported as an expenditure and a fund liability of the General fund..
Risk management: The Commission is exposed to various risks of loss related to torts; theft of, damage to, or
destruction of assets; and errors or omissions. The Commission protects itself against such losses by a balanced
program of risk retention, risk transfers, and the purchase of commercial insurance. Loss exposures retained by the
Commission are treated as normal expenditures and include any loss contingency not covered by the Commission's
purchased insurance policies. Construction projects and rail properties are protected through a combination of
commercial insurance, insurance required of Commission consultants, and a self-insurance fund established by the
Southem California Regional Rail Authority (SCRRA). Settled claims have not exceeded insurance coverage in any
of the past three fiscal years.
Fund equity: In the fund financial statements, governmental funds report reservations of fund balance for amounts
that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose.
Designations of fund balance represent tentative management plans and are subject to change.
Net assets: In the govemment-wide financial statements, net assets represent the difference between assets and
liabilities and are classified into three categories:
Invested in capital assets, net of related debt consists of capital assets, net of accumulated depreciation,
reduced by the outstanding balances of any borrowings used for the acquisition, construction, or improvement of
those assets and excludes unspent debt proceeds.
Restricted net assets represent the net assets that are not accessible for general use because their use is
subject to restrictions enforceable by third parties.
Unrestricted net assets represent those net assets that are available for general use.
When both restricted and unrestricted resources are available for use, it is the Commission's policy to use restricted
resources first and then unrestricted resources, as they are needed.
Administration expenditures: The Commission's staff and resources are used in the performance of its
responsibilities relating to the activities of the Commission and its component unit. Accordingly, the Commission
26
65
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 1. Summary of Significant Accounting Policies, Continued
allocates salaries and benefits to each applicable fund on the basis of actual hours spent by activity, and other
indirect overhead is allocated based on management's budgetary estimates. Administrative salaries and benefits of
$1,414,989 allocated to Measure A in 2008 were .99% of revenues and in compliance with the law.
Note 2. Cash and Investments
Cash and investments at June 30, 2008 consist of the following:
Unrestricted Restricted
Cash
Cash in bank $ 12,181
Petty cash 1,018
RCPIF
LAIF
Investments with fiscal agents
or custodians
Investments
$ —
445,177,327
3,452,025
$ 12,181
1,018
445,177,327
3,452,025
Total Investments Total
$ — $ 12,181
1,018
445,177,327
3,452,025
35,855 35,855 44,618,116 44,653,971
Total cash and investments $ 13,199
$448,665,207 $448,678,406 $ 44,618,116 $ 493,296,522
As of June 30, 2008, the Commission had the following investments:
Investment
Maturities
Fair Value
First American Govemment Obligations mutual fund
First American Treasury mutual fund
Investment Agreement
LAIF
RCPIF
Total investments
40 days average
40 days average
June 1, 2009
212 days average
445 days average
$ 19,063,640
9,800,340
15,89,991
3,452,025
445,177,327
$ 493,283,323
Custodial credit risk: Custodial credit risk for deposits is the risk that, in the event of the failure of a depository
financial institution, a government will not be able to recover its deposits or will not be able to recover collateral
securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in
the event of the failure of the counterparty (e.g., broker -dealer) to a transaction, a government will not be able to
recover the value of its investment or collateral securities that are in the possession of another party. The
Commission's investment policy requires that a third party bank trust department hold all securities owned by the
Commission: All trades are settled on a delivery versus payment basis through the Commission's safekeeping agent.
The Commission has deposits with a bank balance of $250,000 with a financial institution; bank balances over
$250,000 are swept daily into a money market account. Of the bank balance, $100,000 is federally insured and the
balance is collateralized in accordance with the Code; however, the collateralized securities are not held in the name
of the Commission.
Interest rate risk: The Commission's investment policy follows the Code as it relates to limits on investment
maturities as a means of managing exposure to fair value losses arising from increasing interest rates.
27
66
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 2. Cash and Investments, Continued
Credit risk: As of June 30, 2008, the Commission's investment in the RCPIF was rated Aaa/MR1 by Moodys
Investors Service (Moody's) and AAAN1+ by Fitch Ratings (Fitch). The investments in First American Treasury and
First American Govemment Obligations mutual funds were rated AAA by both Moody's and Standard & Poor's
(S&P). The investment agreement and LAIF are not rated. The Commission's investment policy only requires credit
quality ratings for repurchase agreements, U.S. corporate debt, commercial paper, bankers acceptances and
certificates of deposit.
Concentration of credit risk: The Commission's investment policy places a limit of 10% on the amount of
investment holdings with any one non-govemmental issuer. More than 5 percent of the Commission's investments
are in the RCPIF. This investment is 90.2% of the Commission's investments. The investments in the Commercial
Paper Capital Projects fund are unexpended commercial paper note proceeds invested in the First American
Government Obligations mutual fund. The investments in the Measure A Westem County Capital Projects fund are
unexpended bond proceeds invested in the First American Treasury mutual fund for project funds as required by the
bond agreements. The investments in the Debt Service fund are sinking fund payments, capitalized interest fund, and
reserve funds invested in First American Treasury and Govemment Obligations funds and an investment agreement
for interest and principal as required by the bond agreements.
Note 3. Receivables
Loans: Under the Commission's financing guidelines for local jurisdictions, the Commission has entered into
Advance Funding Agreements with a number of local cities. The cities have pledged their future share of 1989
Measure A local streets and roads revenues in accordance with repayment amounts specked in each city's
agreement. All loans are due on or before June 30, 2009. Outstanding advances to all cities, reflected as loans
receivables at June 30, 2008, are summarized below:
City of Corona
City of Norco
City of Perris
City of San Jacinto
City of Temecula
Total loans receivable
$ 569,102
207,999
188,293
128,791
495,333
$ 1,589,518
In June 2006, the Commission approved an advance loan to the city of Hemet for $2,000,000 funded by the Measure
A Western County Special Revenue fund's 1989 Measure A highway program. The city of Hemet pledged its share of
FY 2007/08 Measure A local streets and roads revenues, and repayment is due on or before September 30, 2008, as
amended by the Commission in February 2007. No amount was advanced to the city of Hemet as of June 30, 2008.
Advance Loan Commitments: The Commission has approved advance loans, which are to be funded by
commercial paper note proceeds, to the cities of Hemet, Indio, and Blythe and the Coachella Valley Association of
Governments (CVAG) in the amounts of $3,000,000, $4,000,000, $1,500,000, and $43,300,000, respectively. The
cities have pledged their share of 2009 Measure A local streets and roads revenues, and CVAG has pledged its
share of 2009 Measure A highway and regional road revenue allocations in accordance with repayment terms
specified in each agreement for actual advances. These loans are due on or before September 1, 2019. No advance
has been made to the city of Hemet as of June 30, 2008. The outstanding advances as of June 30, 2008 were as
follows
28
67
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 3. Receivables, Continued
City of Indio $ 4,000,000
City of Blythe 1,500,000
CVAG 8,059,238
Total advances receivable $13,559,238
Note 4. Capital Assets
Capital assets activity for the year ended June 30, 2008 was as follows:
Governmental activities
Capital assets not being depreciated:
Land and land improvements $ 72,589,408 $ 41,802,561 $ - $114,391,969
Construction in progress 1,973,918 13,772,375 - 15,746,293
Rail operating easements 39,484,143 - - 39,484,143
Total capital assets not being depreciated 114,047,469 55,574,936 - 169,622,405
Capital assets being depreciated:
Rail stations 63,418,067 27,599 - 63,445,666
Office improvements 56,658 - - 56,658
Office furniture, equipment and vehicles 1,117,050 76,068 (41,330) 1,151,788
Total capital assets being depreciated 64,591,775 103,667 (41,330) 64,654,112
Less accumulated depreciation for:
Rail stations (18,895,827) (2,197,045) - (21,092,872)
Office improvements (12,088) - - (12,088)
Office furniture, equipment and vehicles (815,584) (75,975) 41,330 (850,229)
Total accumulated depreciation (19,723,499) (2,273,020) 41,330 (21,955,189)
Total capital assets being depreciated, net 44,868,276 (2,169,353) - 42,698,923
Govemmental activities capital assets, net $158,915,745 $ 53,405,583 $ - $212,321,328
Depreciation expense was charged to functions/programs of the Commission's govemmental activities during the
year ended June 30, 2008 as follows:
Balance Additions/ Retirements/ Balance
July 1, 2007 Transfers Transfers June 30, 2008
General government $ 49,018
Commuter rail 2,189,042
Commuter assistance 34,960
Total depreciation expense $ 2,273,020
29
68
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 5. Interfund Transactions
Due from/to Other Funds: The composition of balances related to due from other funds and due to other funds at
June 30, 2008 is as follows:
Receivable Fund
General fund
General fund
General fund
General fund
General fund
General fund
Measure A Western County
Special Revenue fund
Measure A Western County
Special Revenue fund
Measure A Western County
Special Revenue fund
Measure A Westem County
Special Revenue fund
Transportation Uniform
Mitigation Fee Special
Revenue fund
Nonmajor Governmental
funds
Total due from/to other funds
Payable Fund
Measure A Westem County
Special Revenue fund
Measure A Coachella Valley
Special Revenue fund
Transportation Uniform
Mitigation Fee Special
Revenue fund
Local Transportation Fund
Special Revenue Fund
Nonmajor Govemmental
funds
Nonmajor Governmental
funds
Local Transportation Fund
Special Revenue Fund
Nonmajor Governmental
funds
Nonmajor Govemmental
funds
Commercial Paper Capital
Projects fund
Commercial Paper Capital
Projects fund
Nonmajor Governmental
funds
30
Amount Explanation
$ 578,561 Reimbursement for fringe benefits
3,366 Reimbursement for fringe benefits
104,658 Reimbursement for fringe benefits
170,733 Capital allocation for commuter rail
station parking structure costs
69,103 Reimbursement for fringe benefits
2,016 Reimbursement for bond issuance
costs
953,851 Capital allocation for commuter rail
station parking structure costs
352,826 Capital allocation for commuter rail
station parking structure costs
27,947 Reimbursement for bond issuance
costs
788,000 Reimbursement for construction costs
2,177,844 Reimbursement for construction costs
31 Reimbursement for bond issuance
costs
$ 5,228,936
69
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 5. Interfund Transactions, Continued
Interfund Transfers: During 2008, interfund transfers were as follows:
Transfers Out
Transfers In
Amount
Measure A Westem County
Special Revenue fund
Measure A Western County
Special Revenue fund
Measure A Coachella Valley
Special Revenue fund
Transportation Uniform
Mitigation Fee Special
Revenue Fund
Transportation Uniform
Mitigation Fee Special
Revenue Fund
Transportation Uniform
Mitigation Fee Special
Revenue Fund
Nonmajor Govemmental
funds
Nonmajor Governmental
funds
Nonmajor Governmental
funds
Debt Service fund
General fund
Debt Service fund
Measure A Westem County
Special Revenue fund
Nonmajor Governmental
funds
Nonmajor Govemmental
funds
Commercial Paper Capital
Projects fund
Debt Service fund
Nonmajor Governmental
funds
Total transfers
Note 6. Long-term Obligations
The following is a summary of the changes in long-term obligations for the year ended June 30, 2008:
$ 26,104,746
291,000
7,897,894
219,566
Explanation
Debt service related to highways and
commuter rail for Westem County
Highway augmentation of property
management operations
Debt service related to highways and
regional arterials for Coachella Valley
Transfer of investment eamings
45,116 Transfer of investment earnings
36,093 Transfer of investment eamings
110,005,000
18,973,655
490,000
$164,063,070
Transfer of bond proceeds for
repayment of outstanding commercial
paper notes
Transfer of bond proceeds for debt
reserve and capitalized interest funds
Call box program augmentation of
freeway service patrol operations
Bonds payable
Add: Issuance premiums
Total bonds payable
Commercial paper notes
Contract payable
Compensated absences
Total long-term obligations
Balance
July 1, 2007 Additions
$ 65,495,000 $126,395,000
3,854,021
65,495,000 130,249,021
80,005,000 30,000,000
2,100,000
498,948 275,072
$ 148,098,948 $160,524,093
31
Reductions
$ (31,865,000)
(140,786)
(32,005,786)
(110,005,000)
(1,000,000)
(381,076)
$ (143,391,862)
Balance Due Within
June 30, 2008 One Year
$ 160,025,000 $ 33,630,000
3,713,235 2,569,347
163,738,235 36,199,347
1,100,000 1,100,000
392,944 171,460
$ 165,231,179 $ 37,470,807
70
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 6. Long-term Obligations, Continued
Bonds payable: Under the provisions of the 1989 Measure A, as amended by Ordinance No. 92-1 (Measure AA),
the Commission has the authority to issue bonds subject to a bond debt limitation of $525,000,000._Under the
provisions of the 2009 Measure A, the Commission has the authority to issue bonds subject to a bond debt limitation
of $500,000,000. The following is a summary of bonds issued and secured by Measure A revenues:
2008 Sales Tax Revenue Bonds (Limited Tax Bonds), Series A-1 and A-2: In June 2008, the
Commission issued serial bonds in the principal amount of $94,395,000 and $32,000,000, respectively,
for an aggregate amount of $126,395,000 to refinance all of the outstanding principal amount of the
commercial paper notes and a portion of accrued interest on the notes, fund capitalized interest through
December 1, 2009, and fund a reserve fund. Net proceeds amounted to $130,249,021, inclusive of
premium of $3,854,021. The serial bonds mature in annual installments of $1,005,000 to $7,205,000 on
various dates through June 1, 2029 with initial interest rates ranging from 4.00% to 5.00%; however, the
bonds are subject to redemption on December 1, 2009.1f the bonds are not redeemed, they are subject
to a mandatory tender at a new interest rate. If the bonds are not remarketed at the tender date, the
interest rate will be 11 % until the bonds are successfully remarketed. The required reserve amount is
$10,124,024.
2000 Sales Tax Revenue Bonds (Limited Tax Bonds), Series A: In July 2000, the Commission
issued serial bonds in the principal amount of $35,825,000 to fund various major highway projects. Net
proceeds amounted to $35,934,149, inclusive of premium of $109,148 and net of accrued interest. The
bonds mature in annual installments of $2,975,000 to $4,785,000 on various dates through June 1,
2009 with interest rates ranging from 4.25% to 5.25%. The Commission posted a surety bond in lieu of
cash reserve in the amount of $3,582,500.
1997 Sales Tax Revenue Bonds (Limited Tax Bonds), Series A: In August 1997, the Commission
issued serial bonds in the principal amount of $47,910,000 to retire outstanding commercial paper
notes of $41,200,000 and to fund various major highway projects. Net proceeds amounted to
$48,055,659, inclusive of premium of $263,196 and net of accrued interest. The bonds mature in
annual installments of $2,490,000 to $5,115,000 on various dates through June 1, 2009 with interest
rates ranging from 3.7% to 5.25%. The Commission posted a surety bond in lieu of cash reserve in the
amount of $4,791,000. Portions of the bonds are subject to early redemption, at the option of the
Commission beginning June 1, 2007.
1997 Junior Sales Tax Revenue Bonds (Limited Tax Bonds), Series B: In August 1997, the
Commission issued subordinated serial bonds in the principal amount of $13,245,000 to retire
outstanding commercial paper notes of $2,800,000 and to fund various local streets and roads projects.
Net proceeds amounted to $13,223,717, inclusive of premium of $11,016 and net of accrued interest.
The bonds mature in annual installments of $745,000 to $1,405,000 on various dates through June 1,
2009 with interest rates ranging from 3.75% to 5.0%. The Commission posted a surety bond in lieu of
cash reserve in the amount of $1,324,500. Portions of the bonds are subject to early redemption, at the
option of the Commission beginning June 1, 2007.
1996 Sates Tax Revenue Bonds (Limited Tax Bonds), Series A: In January 1996, the Commission
issued serial bonds in the principal amount of $61,765,000 to refund a portion of the 1991 Sales Tax
Revenue Bonds (Limited Tax Bonds), Series A. Net proceeds amounted 10 $66,252,576, inclusive of
premium of $4,487,576 and net of accrued interest. The bonds mature in annual installments of
$45,000 to $10,030,000 on various dates through June 1, 2009 with interest rates ranging from 3.75%
to 6.0%. The Commission posted a surety bond of $3,251,625 in lieu of a portion of the required
reserve amount of $4,485,000.
32
Amount
Outstanding.
$ 126,395,000
4,785,000
5,115,000
1,405,000
71
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 6. Long-term Obligations, Continued
The proceeds from the refunding bonds and a forward Float contract provided by a major bank were
placed in an irrevocable escrow fund consisting of United States Treasury obligations. At June 30,
2008, there were no refunded sales tax bonds outstanding.
1993 Sales Tax Revenue Bonds {Limited Tax Bonds), Series A: In January 1993, the Commission
issued serial bonds in the principal amount of $136,610,000 to finance certain highway and rail projects
and Coachella Valley regional arterial projects. Net proceeds after original discount amounted to
$135,448,305. The bonds mature in annual installments and require sinking fund payments of
$5,910,000 to $12,295,000 on various dates through June 1, 2009 with interest rates ranging from
4.625% to 6.0%. The required reserve amount is $14,150,796.
$ 10,030,000
12,295,000
$ 160,025,000
Annual debt service requirements to maturity for bonds payable are as follows:
Years Ending June 30 Principal Interest Total
2009 $ 33,630,000 $ 7,693,114 $ 41,323,114
2010 3,970,000 6,153,430 10,123,430
2011 4,010,000 6,109,008 10,119,008
2012 4,215,000 5,908,908 10,123,908
2013 4,425,000 5,698,580 10,123,580
2014-2018 25,660,000 24,952,745 50,612,745
2019-2023 32,730,000 17,879,170 50,609,170
2024-2028 41,745,000 8,857,000 50,602,000
2029 9,640,000 481,036 10,121,036
Total debt service $ 160,025,000 $ 83,732,991 $ 243,757,991
Commercial paper notes payable: The Commission has authorized the issuance of tax-exempt commercial paper
notes in an amount not to exceed $100,000,000 for the primary purpose of financing costs of certain highway and
commuter rail projects under the 1989 Measure A. As of June 30, 2008, the Commission had no outstanding
commercial paper notes related to the 1989 Measure A.
In February 2005, the Commission authorized the issuance of tax-exempt commercial paper notes in an amount not
to exceed $200,000,000 for the primary purpose of financing right of way and mitigation land acquisition and project
development costs of capital projects under the 2009 Measure A. The Commission issued commercial paper notes of
$30,000,000, $50,000,000 and $30,005,000 in 2008, 2007 and 2005, respectively, for total outstanding commercial
paper notes of $110,005,000, which was refinanced in June 2008 by the 2008 Sales Tax Revenue Bonds.
Accordingly, at June 30, 2008, there were no commercial paper notes outstanding. The source of revenue to repay
the commercial paper notes and any subsequent long-term debt refinancing is the 2009 Measure A sales tax.
Interest is payable on the respective maturity dates of the commercial paper notes, which is up to 270 days from the
date of issuance. The maximum allowable interest rate on the commercial paper notes is 12%.
As a requirement for the issuance of the commercial paper notes, the Commission entered into a $190,000,000
irrevocable direct draw letter of credit and reimbursement agreement with Bank of America, N.A. as credit and
liquidity support for the commercial paper notes. Funds may be drawn under the letter of credit to pay debt service on
the commercial paper notes in the event that the commercial paper dealers are unable to market commercial paper
notes at the maturity dates of the outstanding commercial paper notes. Amounts drawn on the letter of credit are not
due until expiration of the letter of credit in March 2010. Accordingly, the commercial paper notes are classified as
long-term debt in the Commission's financial statements. The Commission did not draw on this letter of credit
33
72
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 6. Long-term Obligations, Continued
authorization during the year ended June 30, 2008, nor were there any amounts outstanding under this letter of credit
agreement at June 30, 2008.
Contract payable: In December 2003, the Commission entered into an agreement with CVAG and the city of
Rancho Mirage to reimburse CVAG $6,100,000 from 1989 Measure A Coachella Valley highway moneys for costs
paid to the city of Rancho Mirage related to a completed state highway project. Under the agreement, the
Commission will pay CVAG over a six -year period. As of June 30, 2008, the annual contract payments are as follows:
Years Ending June 30
2009
Total
$ 1,100,000
Interest Rate Swaps: As a means to achieve a greater level of interest rate stability in connection with an anticipated
variable rate debt refinancing of the outstanding commercial paper notes and 2008 sales tax revenue bonds in late
2009, the Commission entered into two forward -starting interest rate swaps in August 2006 for a total notional
amount of $185,000,000. The counterparty for the first swap ($100,000,000 notional amount) is Bank of America, NA
(Bank of America), and the counterparty for the second swap ($85,000,000 notional amount) was Lehman Brothers
Derivative Products Inc. (Lehman Brothers DP). Under the swap agreements which become effective in October
2009, the Commission will pay the counterparties a fixed rate of 3.679% for twenty years, the expected term of the
variable rate debt to be issued in 2009; the counterparties will pay the Commission a floating rate equal to 67% of the
one -month London Interbank Offer Rate (LIBOR).
The interest rate swaps are, among other things, subject to credit, basis, and termination risk. The credit and
termination risks have been mitigated with collateral posting requirements, in the form of U.S. treasury and certain
federal agency securities, by the counterparties in the event of a ratings downgrade below a specified threshold.
Upon issuance of the variable rate debt in 2009, basis risk is expected to be mitigated with a variable rate paid to
bond holders that approximates the 67% of one -month LIBOR to be received from the counterparties. Accordingly,
the interest rate swaps effectively create synthetic fixed rate debt for the Commission.
The swap policy adopted by the Board requires the Commission to calculate the fair termination values of its swaps
at least annually. The calculation of the fair termination value takes into consideration the prevailing interest rate
environment, the specific terms and conditions of a given transaction, and any upfront payments that were received,
if any. Fair valuations of termination values are realized only if the swaps were to be terminated at the valuation date,
and only the Commission retains the right to optionally terminate the transactions.
As of June 30, 2008, the negative fair values for the $100,000,000 swap with Bank of America and the $85,000,000
swap with Lehman Brothers DP were estimated by an independent third -party to be $2,843,636 and $2,418,108,
respectively. Therefore, if the swaps were terminated on June 30, 2008, the Commission would have paid a
termination payment of $2,843,636 and $2,418,108 to Bank of America and Lehman Brothers DP, respectively, for a
total termination payment of $5,261,744. The termination payments that would have been paid by the Commission if
the swaps were terminated on June 30, 2008 are a result of the change in interest rate levels and certain interest rate
relationships. The rate used to calculate the fixed swap payment owed by the Commission to the swap providers is
3.679%. As of June 30, 2008, this fixed rate was higher than the current rate for a swap of identical terms and
conditions.
34
•
•
73
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 6. Long-term Obligations, Continued
The terms, fair values, and credit ratings of the outstanding swaps as of June 30, 2008 are as follows:
Faced Variable Swap
Associated Notional Effective Rate to Rate to be Termination Counterparty
Debt Issue Counterparty Amount Date be Paid Received Fair Value Date Credit Rating
Commercial Bank of 67% of
paper America $100,000,000 10/01/2009 3.679% LIBOR $ (2,843,636) 06/01/2029 AA+IAaa/AA
Commercial
PaPef
Lehman 67% of
Brothers DP 85,000,000 10/01/2009 3.679% LIBOR (2,418,108) 06/01/2029 AAA/Aaa/AAA
$185,000,000 $ (5,261,744)
In September 2008, Lehman Brothers Holdings filed for bankruptcy, which was a trigger event under the swap
agreement with Lehman Brothers DP. As a result of the trigger event, the swap agreement was terminated on
September 23, 2008. A termination payment of $3,452,453 was paid to Lehman Brothers DP on October 1, 2008.
The Commission entered into a replacement swap with Deutsche Bank AG (Deutsche Bank) for a notional amount of
$85,000,000 on September 24,2008. Under the swap agreement with Deutsche Bank, which becomes effective in
October 2009, the Commission will pay Deutsche Bank as the counterparty a fixed rate of 3.206% for twenty years;
the new counterparty will pay the Commission a floating rate equal to 67% of the one -month LIBOR.
Arbitrage Rebate: The Tax Reform Act of 1986 instituted certain arbitrage restrictions with respect to the issuance of
tax-exempt bonds and commercial paper notes after August 31, 1986. In general, arbitrage regulations deal with the
investment of all tax-exempt bond and commercial paper note proceeds at an interest yield greater than the interest
yield paid to bondholders or noteholders. Failure to follow the arbitrage regulations could result in all interest paid to
bondholders or noteholders retroactively rendered taxable.
In accordance with the arbitrage regulations, if excess eamings were calculated, 90% of the amount calculated would
be due to the Internal Revenue Service at the end of each five-year period. The remaining 10% would be recorded as
a liability and paid after all bonds had been redeemed. During the current year, the Commission performed
calculations of excess investment eamings on all bond and commercial paper financings. A liability of $154,160
resulted from one of the calculations for the commercial paper notes and was paid in August 2008.
Note 7. Net Assets and Reserved and Designated Fund Balances
Net Assets: Invested in capital assets, net of related debt, as reported on the govemment-wide statement of net
assets represents capital assets of $212,321,328, net of related debt of $4,843,294. The related debt includes the
portion of the 1993 and 1996 sales tax revenues bonds that were used for the acquisition and construction of the
commuter rail capital assets. Additionally, the govemment-wide statement of net assets reports $521,711,172 of
restricted assets, of which $277,426,941 is restricted by enabling legislation.
Measure A: Measure A sales tax revenues are allocated to the three defined geographic areas of Riverside County,
consisting of Western County, Coachella Valley, and Palo Verde Valley in proportion to the funds generated within
those areas. Revenues must then be allocated to the programs of the geographic areas according to percentages as
defined by Measure A and are legally restricted for applicable program expenditures. Bond and commercial paper
note proceeds are allocated to the geographic areas based on the estimated uses. Accordingly, the related fund
balances are reserved as follows:
35
74
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 7. Net Assets and Reserved and Designated Fund Balances, Continued
Highways, commuter rail, and accounts and loans receivable: Funds for state highways are to be used for
project costs including engineering, right of way acquisitions, and construction. Such funds are intended to
supplement existing federal and state resources. Commuter rail projects anticipate the use of existing rail lines, and
funds are used for costs related to planning, capital improvements, right of way purchase, and/or use rights
agreements. Amounts advanced to certain cities under funding agreements are reflected in fund balance as
reserved for advances to other govemments and loans receivable, respectively.
Debt service: Certain bond proceeds have been used to make required sinking fund payments in the Debt Service
fund as required by the bond agreements. Amounts held by the trustee equal to the maximum annual debt service
are recorded in the Debt Service fund.
Local streets and roads: Funds are expended by local jurisdictions for the construction, repair, and maintenance
of local streets and roads. The County and local cities are required to supplement those expenditures with other
previously dedicated revenue sources to maintain road improvements. Monies are disbursed to the jurisdictions
which comply with the requirement to maintain the same level of funding for streets and roads as existed just prior
to the passage of the 1989 Measure A and which annually submit a five-year capital improvement plan.
Regional arterials: Funds for regional arterials are used to implement the planned regional arterial system, as
defined by CVAG, in the Coachella Valley. Funds are matched by Traffic Uniform Mitigation Fee revenues
generated in the Coachella Valley.
Commuter assistance and specialized transportation: Funds for specialized transportation are used to promote
and subsidize commuter assistance programs such as ridesharing and telecommuting and to guarantee reduced
transit fares, expand existing transit services, and implement new transit services for seniors and persons with
disabilities. Additionally, CVAG has elected to use a portion of the Coachella Valley local streets and roads funds to
provide additional funding for bus replacement or other transit programs that will improve air quality.
Transportation Uniform Mitigation Fee: TUMF revenues to be received by the Commission are to be used for new
CETAP corridors and the regional arterial system in Westem County and are reserved as follows:
CETAP: Funds for the development of new transportation condors are used to provide congestion relief and
mobility within the County and between the County and its neighboring Orange and San Bemardino counties.
Funds will be matched by revenues of $370 million generated from the 2009 Measure A.
Regional arterials: Funds for regional arterials are used to implement the planned regional arterial system, as
defined in the 2009 Measure A, in the Western County. Funds will be matched by revenues of $300 million
generated from the 2009 Measure A.
Transportation Development Act: Reserves for the Local Transportation Fund represent the unclaimed
apportionments related to claims for transit programs, the unexpired allocations available for bicycle and pedestrian
facilities, prepaid transit allocations, and earned but not received revenues. Expired allocations of $1,703,548 related
to bicycle and pedestrian projects are unreserved and designated in the Local Transportation Fund. Reserves for the
State Transit Assistance represent the unclaimed apportionments related to claims for transit.
The TDA reserves at June 30, 2008 are as follows:
36
75
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 7. Net Assets and Reserved and Designated Fund Balances, Continued
Local Transportation State Transit
Fund Assistance Total '
Bicycle and pedestrian facilities $ 2,576,658 $ — $ 2,576,658
Transit and specialized transportation
Western County:
Bus transit:
City of Banning $ — $ 915,000 $ 915,000
City of Beaumont 329,665 — 329,665
City of Corona — 90 90
City of Riverside — 85,000 85,000
Riverside Transit Agency 78,040 6,283,930 6,361,970
Apportioned and unallocated 25,157,466 9,778,623 34,936,089
Commuter rail:
Riverside County Transportation
Commission 13,200,976 1,205,501 14,406,477
Apportioned and unallocated 16,418,417 5,614,589 22,033,006
Total Western County 55,184,564 23,882,733 79,067,297
Coachella Valley:
SunLine Transit Agency 2,662,379 2,596,789 5,259,168
Apportioned and unallocated 2,831,124 4,547,274 7,378,398
Total Coachella Valley 5,493,503 7,144,063 12,637,566
Palo Verde Valley:
Palo Verde Valley Transit Agency
Apportioned and unallocated for transit
and local streets and roads
Total Palo Verde Valley
401,283
253,733
396,132 797,415
60,374 314,107
655,016
456,506 1,111,522
Unapportioned carryover, net 9,309,166 — 9,309,166
Total transit and specialized transportation $ 70,642,249 $ 31,483,302 $ 102,125,551
Commuter rail: Reserves represent TDA monies in the General fund to be used for commuter rail operations.
Planning and programming: Reserves represent TDA monies in the General fund to be used for planning and
programming services.
Right of way management: Reserves represent highway and rail lease monies to be used for the management of
Commission properties.
Prepaid amounts: Reserves represent amounts related to prepaid expenditures that are not available for
appropriation.
37
76
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 7. Net Assets and Reserved and Designated Fund Balances, Continued
Motorist assistance: The Commission has designated unexpended funds in the Service Authority for Freeway
Emergencies and Freeway Service Patrol Special Revenue funds of $4,685,372 and $908,824, respectively, to assist
motorists on County roads.
Note 8. Commitments and Contingencies
Operating lease: The Commission has entered into an operating lease agreement for office facilities. The term of
the lease is for a period of ten years expiring on October 30, 2012 and may be extended for two additional five-year
terms. Rental expenditures for the fiscal year ended June 30, 2008 were $350,221.
The total minimum rental commitment at June 30, 2008 is due as follows:
Year Ending June 30 Amount
2009 $ 364,668
2010 379,710
2011 395,373
2012 411,682
2013 142,888
Total minimum rental commitment $ 1,694,321
Forward delivery agreement: The Commission has entered into debt service fund forward delivery agreements with
the trustee for the 1993 and 1996 sales tax revenue bonds and a German banking institution. The agreements
require the bank to deliver and the trustee to purchase U.S. Treasury obligations for the 1993 and 1996 sales
revenue bonds debt service reserve funds. Under the agreements, the bank will pay an annual fee to be deposited in
the reserve funds equal to 6.00% of the amounts required to be held in these reserve funds, which required amounts
aggregate $15,926,000. The purpose for these agreements is to assure the Commission that the yield on each
reserve fund is not less than the related bond yield.
Real property and project agreements: Measure A has entered into other agreements in the ordinary course of
business with companies and other governmental agencies for the acquisition of real property as well as the
engineering and construction of certain highway and commuter rail projects.
Litigation: Certain claims involving disputed construction costs have arisen in the ordinary course of business.
Additionally, the Commission is a defendant in lawsuits. Although the outcome of these matters is not presently
determinable, management does not expect that the resolution of these matters will have a material adverse impact
on the financial condition of the Commission.
Local Transportation Fund and State Transit Assistance Fund: The Riverside Transit Agency (RTA) and the
SunLine Transit Agency, (collectively, the Agencies), major transit providers for the County of Riverside, obtained
available lease financing for bus acquisitions through the proceeds from certificates of participation issued by the
California Transit Finance Corporation (Corporation) for each agency. Local Transportation Fund and State Transit
Assistance funds, to the extent of the Agencies' eligible share, along with other federal and state funds were pledged
as support for the Agencies' lease payments to the Corporation.
38
77
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 8. Commitments and Contingencies, Continued
For the year ended June 30, 2008, there were no Local Transportation Fund or State Transit Assistance Fund
revenues expended for lease payments.
Project Funding Advances: In January 2006, the Commission authorized the TUMF Special Revenue fund to
advance $3,114,600 to the State to replace state and federal funding for the State Route (SR) 91/Green River
interchange project During the year ended June 30, 2008, $743,993 was advanced to the State from the TUMF
Special Revenue fund for the SR-91 project
In December 2004, the Commission authorized the TUMF Special Revenue fund to advance $13,046,000 to the
State to replace state and federal funding for the SR-60 widening project from Interstate 15 to Valley Way. The final
agreement with the State resulted in a reduction of the Commission's commitment to $8,881,000. During the year
ended June 30, 2008, $543,368 had been advanced to the State from the TUMF Special Revenue fund for the SR-60
widening project
The advances are to be repaid in the form of a commitment of future State funding on TUMF projects, and,
accordingly, the aggregate advances of $1,287,361 during the year ended June 30, 2008 were recorded as highway
expenditures of the TUMF Special Revenue fund. Cumulative advances as of June 30, 2008 for the SR-91/Green
River interchange and SR-60 widening projects were $3,114,600 and $8,636,096, respectively.
Note 9. Joint Agreements
Joint Venture: The Commission is one of five members of the SCRRA, an independent joint powers authority
created in June 1992. The SCRRA's board consists of one member from the Ventura County Transportation
Commission; two each from the Orange County Transportation Authority (OCTA), the San Bemardino Associated
Govemments, and the Commission; and four members from the Los Angeles County Metropolitan Transportation
Authority. The SCRRA is responsible for implementing and operating a regional commuter rail system (Metrolink) in
five southem Califomia counties. As a member of SCRRA, the Commission makes capital and operating
contributions for its pro rata share of rail lines servicing the County. The Commission expended $6,474,646 during
2008 for its share of Metrolink capital and operating costs. As of June 30, 2008, cumulative capital contributions were
$26,599,997.Other funds for rail service are contributed to the SCRRA by the State from state rail bonds on behalf of
the Commission. Separate financial statements are prepared by and available from the SCRRA, which is located at
700 N. Flower Street, 2601Floor, Los Angeles, Califomia 90017.
On September 12, 2008, one of the Metrolink trains was involved in a collision with a freight train. Management has
not determined the impact, if any, of this incident on the financial condition of the Commission.
Cooperative Agreement: In May 2006 the Commission entered into a cooperative agreement, Riverside Orange
Condor Authority, with OCTA and the Transportation Corridor Agencies to jointly exercise the common powers of the
parties to manage geotechnical studies regarding the Riverside Orange Corridor. The Commission is the recipient
and administering entity of federal and state funds as may be necessary to accomplish this work, and the three
agencies will share in meeting the local agency matching requirements. As of June 30, 2008, the Commission was
not required to make any contributions.
39
78
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 10. Employees' Pension Plans
Public Employees' Retirement System: The Commission contracts with the State of California Public Employees'
Retirement System (PERS) to provide its employees retirement as well as death and retirement disability benefits,
which are paid by the PERS under a cost sharing multiple -employer plan. Copies of the PERS' annual financial
report may be obtained from its executive office located at 400 P Street, Sacramento, California 95814, or by visiting
the PERS website at www.calpers.ca.gov.
Through the June 30, 2003 valuation, the PERS plan was an agent multiple -employer retirement plan. Effective July
1, 2003, due to the Commission having less than 100 active members, the Commission's PERS plan was converted
from an agent multiple -employer plan (former plan) to a cost sharing multiple -employer plan. The former plan is an
aggregation of single employer plans, where separate accounts are maintained for each employer and contributions
by the employer benefit only the employees of the employer. Under this plan, separate actuarial valuations are
performed for each employer, and the results are attributed to and accounted for by the employer. The cost sharing
multiple -employer plan is a pooling arrangement whereby risks, rewards, and benefit costs are shared and not
attributed individually to any single employer. Periodic employer pension expense can be significantly different
between the plan types. The change to the pooling arrangement was initially effective for the Commission's required
contribution rate during the fiscal year ended June 30, 2006.
At the time of joining the risk pool under the cost -sharing multiple -employer plan, a side fund (the amount that the
Commission would owe PERS if it exited the plan) was created to account for the difference between the funded
status of the pool and the funded status of the Commission's plan. As of the June 30, 2006 valuation (most current
valuation available), the estimated amount of the side fund liability was $1,677,321.
All permanent Commission employees are eligible to participate in PERS. Employees attaining the age of 55 with five
years of credited California service (service) are eligible for normal retirement and are entitled to a monthly benefit of
2.7% of their final compensation for each year of service. Final compensation is defined as the highest annual salary
earned. Retirement may begin at age 50 with a reduced benefit rate. The plan also credits employees for unused sick
leave. Upon separation from the plan prior to retirement, members' accumulated contributions are refundable with
interest credited through the date of separation.
The Commission pays the employees' required contribution of 8% of regular earnings. New employees hired after
November 28, 2002 are responsible for 1 % of the 8% required contribution. The Commission is required to contribute
the remaining amounts necessary to fund the benefits of its members, using the actuarially determined rate, which
was 22.361 % for the fiscal year ended June 30, 2008.
Three-year trend information for PERS:
Annual
Required Percentage of
Fiscal Year Contribution ARC Net Pension
Ended June 30 (ARC) Contributed Obligation
2008 $ 767,046 100% $ —
2007 697.324 100%
2006 679,856 100%
40
•
•
79
Riverside County Transportation Commission
Notes to Financial Statements
June 30, 2008
Note 11. Postretirement Health Care and Implementation of New Accounting Principle (Continued)
Three-year trend information for OPEB, for years available:
Fiscal Year
Ended June 30
2008
OPEB Annual
Required
Contribution
(ARC)
$ 289,000
Percentage of
OPEB ARC
Contributed
100%
Net OPEB
Obligation
$ —
In the June 30, 2007 actuarial valuation, the entry age normal actuarial cost method was used. The actuarial
assumptions included a 7.75% investment rate of return. The annual healthcare cost trend rate for non -Medicare
eligible health maintenance organization (HMO) and preferred provider organization (PPO) premiums were initially
10.4% and 11.3%, respectively; Medicare eligible HMO and PPO premiums were initially 10.8% and 11.7%,
respectively. The trend rate was reduced by decrements to an ultimate rate of 4.5% after ten years. A 3.25% annual
rate of increase in future salaries is also assumed in the valuation; The Commission's UAAL will be amortized as a
level percentage of projected covered payroll on a closed basis over a 20-year period.
Note 12. Measure A Conformance Requirements
Measure A requires that the sales taxes collected may only be used for transportation purposes including
administration and the construction, capital acquisition, maintenance, and operation of streets, roads, highways
including state highways, and public transit systems and for related purposes. These purposes include expenditures
for planning, environmental reviews, engineering and design costs, and related right of way acquisition.
Note 13, Pronouncements Issued, Not Yet Effective
The GASB issued pronouncements prior to June 30, 2008 that have an effective date that may impact future financial
presentations. Management has not currently determined what, if any, impact implementation of the following
statements may have on the financial statements of the Commission.
• GASB Statement No. 49, Accounting and Financial Reporting for Pollution Remediatian Obligations; and
• GASB Statement No. 53, Accounting and Financial Reporting for Derivative Instruments.
42
81
"
"
"
R e q u i r e d S u p p l e m e n t a r y I n f o r m a t i o n
8 2
Riverside County Transportation Commission
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - General Fund
Year Ended June 30, 2008
Revenues
Sales taxes
Intergovernmental
Interest
Other
Total revenues
Expenditures
Current
Administration:
Salaries and benefits
General legal services
Professional services
Office lease
Other
*Total administration
Programs:
Bicycle and pedestrian facilities
Commuter rail
Planning and programming
Right of way management
Transit and specialized transportation
Total programs
Intergovernmental distributions
Capital outlay
Total expenditures
Excess (deficiency) of revenues over (under)
expenditures
Other financing sources (uses):
Transfers in
Total other financing sources (uses)
Net change in fund balances
Fund balances at beginning of year
Fund balances at end of year
•
See notes to required supplementary information
General
Original
Budget
Final
Budget Actual
Variance with
Final Budget
Positive
(Negative)
$ 16,013,800 $ 15,563,800 $ 15,251,482 $ (312,318)
4,740,276 4,889,276 2,852,748 (2,036,528)
329,423 329,423 466,937 137,514
457,703 457,703 573,063 115,360
21,541,202 21,240,202 19,144,230 (2,095,972)
1,701,070 1,796,398 1,669,577
93,268 93,268 63,693
1,107,970 1,143,455 824,385
371,163 371,163 333,305
1,183,625 1,195,723 986,941
4,457,096 4,600,007 3,877,901
126,821
29,575
319,070
37,858
208,782
722,106
9,034,100 9,370,180 9,050,458 319,722
6,855,000 7,115,874 4,395,124 2,720,750
1,162,500 1,425,707 551,960 873,747
381,000 391,800 278,458 113,342
17,432,600 18,303,561 14,276,000 4,027,561
1,167,600 1,351,600 992,460 359,140
306,448 306,448 111,670 194,778
23,363,744 24,561,616 19,258,031 5,303,585
(1,822,542) (3,321,414) (113,801) 3,207,613
250,000 250,000 291,000 41,000
250,000 250,000 29t,000 41,000
$ (1,572,542) $ (3,071,414)
44
83
177,199 $ 3,248,613
9,948,038
$ 10,125,237
d
.f
5
H
z
R
3
•
•
84
Riverside County Transportation Commission
Notes to Required Supplementary Information
June 30, 2008
Budgetary Data
In February of each year, department heads begin the process of compiling budget data for the upcoming fiscal year.
Budget numbers along with supporting documentation are provided to the Chief Financial Officer by March 15. That
budget data is compiled and presented to the Executive Director for review and approval and is submitted to the
Budget and Implementation Committee at its April meeting. After review by the Budget and Implementation
Committee, the proposed budget is scheduled for preliminary review and comment as well as public hearing at the
Commission's May meeting. The final budget for the new fiscal year is then adopted by motion of the Board of
Commissioners (Board) no later than June 15 of the current year. This appropriated budget covers substantially all
Commission expenditures by financial responsibility unit [e.g., General fund and Measure A (for each of the three
county areas), Local Transportation Fund, and Transportation Uniform Mitigation Fee special revenue funds] by fund.
All appropriated amounts are as originally adopted or as amended by the Commission. Unexpended appropriations
lapse at year-end. All budgets are adopted on a basis consistent with generally accepted accounting principles.
As adopted by the Board, expenditure activities of the funds with adopted budgets are controlled at the budgetary
unit, which is the financial responsibility level, for each function (i.e., administration, programs, intergovernmental
distributions, and capital outlay). These functions provide the legal level of budgetary control (i.e., the level at which
expenditures cannot legally exceed the appropriated amount). Management has the discretion to transfer the
budgeted amounts within the financial responsibility unit according to function. Supplemental budget appropriations
were necessary during the year.
46
85
Other Supplementary Information
86
Riverside County Transportation Commission
Nonmajor Governmental Funds Description
Special Revenue Funds
Measure A Palo Verde Valley: This fund is used to account for the revenues from sales taxes which are restricted
to expenditures for Palo Verde Valley programs and activities.
Freeway Service Patrol: This fund is used to record the revenues received for the purpose of implementing a
freeway service patrol for motorists.
Service Authority for Freeway Emergencies: This fund is used to record the revenues received from Department
of Motor Vehicle user registration fees for the purpose of implementing an emergency call box system for motorists.
State Transit Assistance: This fund is used to account for revenues from sales taxes on gasoline restricted for
transit projects.
Capital Projects Fund
Measure A Westem County: This fund is used to account for sales tax revenue bond proceeds used for
Westem County highway projects.
48
87
" R i v e r s i d e C o u n t y s t a t i o n C o m m i s s i o n "
C o m b i n i n g B a l a n c e S h e e t - N o n m a j o r G o v e m m e n t a l F u n d s
J u n e 3 0 , 2 0 0 8
S p e c i a l R e v e n u e C a p i t a l P r o j e c t s
M e a s u r e A T o t a l
M e a s u r e A F r e e w a y S e r v i c e S t a t e W e s t e r n C o u n t y N o n m a j o r
P a l o V e r d e S e r v i c e A u t h o r i t y f o r T r a n s i t C a p i t a l G o v e r n m e n t a l
V a l l e y P a t r o l F r e e w a y E m e r g e n c i e s A s s i s t a n c e T o t a l P r o j e c t s F u n d s
A s s e t s
C a s h a n d i n v e s t m e n t s $ 6 5 , 1 7 4 $ 1 0 2 , 6 2 9 $ 4 , 3 9 0 , 8 3 5 $ 2 8 . 0 6 2 , 8 6 3 $ 3 2 , 6 2 1 , 5 0 1 $ 2 , 1 3 1 $ 3 2 , 6 2 3 , 6 3 2
R e c e i v a b l e s :
A c c o u n t s 1 7 0 , 4 6 6 1 , 0 2 9 , 6 5 0 3 2 3 , 3 1 0 1 , 5 2 3 , 4 2 6 1 , 5 2 3 , 4 2 6
I n t e r e s t 5 3 7 1 , 2 0 8 3 5 , 4 4 6 2 2 9 , 6 1 1 2 6 6 , 8 0 2 2 3 2 2 6 7 , 0 3 4
D u e f r o m o t h e r f u n d s 1 7 1 4 3 1 3 1
D u e f r o m o t h e r g o v e r n m e n t s 3 , 6 9 8 , 9 0 4 3 , 6 9 8 , 9 0 4 3 , 6 9 8 , 9 0 4
P r e p a i d e x p e n d i t u r e s 9 , 3 9 4 8 , 0 5 7 1 7 , 4 5 1 - 1 7 , 4 5 1
R e s t r i c t e d i n v e s t m e n t s h e l d b y t r u s t e e - 1 6 7 , 3 9 2 1 6 7 , 3 9 2
T o t a l a s s e t s . $ 2 3 6 , 1 7 7 $ 1 , 1 4 2 , 8 9 8 $ 4 , 7 5 7 , 6 6 2 $ 3 1 , 9 9 1 , 3 7 8 $ 3 8 , 1 2 8 , 1 1 5 $ 1 6 9 , 7 5 5 $ 3 8 , 2 9 7 , 8 7 0
L i a b i l i t i e s a n d f u n d b a l a n c e s
L i a b i l i t i e s :
A c c o u n t s p a y a b l e $ 1 7 0 , 4 6 6 $ 1 8 2 , 0 0 7 $ 3 5 , 8 2 9 $ 1 5 5 , 2 5 0 $ 5 4 3 , 5 5 2 $ 5 , 8 6 9 $ 5 4 9 , 4 2 1
D u e t o o t h e r f u n d s 4 1 , 5 3 6 2 7 , 5 6 7 3 5 2 , 8 2 6 4 2 1 , 9 2 9 2 9 , 9 9 4 4 5 1 , 9 2 3
O t h e r l i a b i l i t i e s 1 , 1 3 7 8 3 7 - 1 , 9 7 4 1 , 8 7 4
0 0 T o t a l l i a b i l i t i e s 1 7 0 , 4 6 6 2 2 4 , 6 8 0 6 4 , 2 3 3 5 0 8 , 0 7 6 9 6 7 , 4 5 5 3 5 , 8 6 3 1 , 0 0 3 , 3 1 8
F u n d b a l a n c e s :
R e s e r v e d f o r :
H i g h w a y s 1 3 3 , 8 9 2 1 3 3 , 8 9 2
L o c a l s t r e e t s a n d r o a d s 6 5 , 7 1 1 6 5 , 7 1 1 6 5 , 7 1 1
P r e p a i d a m o u n t s 9 , 3 9 4 8 , 0 5 7 - 1 7 , 4 5 1 - - 1 7 , 4 5 1
T r a n s i t a n d s p e c i a l i z e d t r a n s p o r t a t i o n 3 1 , 4 8 3 , 3 0 2 3 1 , 4 8 3 , 3 0 2 3 1 , 4 8 3 , 3 0 2
U n r e s e r v e d :
D e s i g n a t e d f o r m o t o r i s t a s s i s t a n c e 9 0 8 , 8 2 4 4 , 6 8 5 , 3 7 2 5 , 5 9 4 , 1 9 6 5 , 5 9 4 , 1 9 6
T o t a l f u n d b a l a n c e s 6 5 , 7 1 1 9 1 8 , 2 1 8 4 , 6 9 3 , 4 2 9 3 1 , 4 8 3 , 3 0 2 3 7 , 1 6 0 , 6 6 0 1 3 3 , 8 9 2 3 7 , 2 9 4 , 5 5 2
T o t a l l i a b i l i t i e s a n d f u n d b a l a n c e s $ 2 3 6 , 1 7 7 $ 1 , 1 4 2 , 8 9 8 $ 4 , 7 5 7 , 6 6 2 $ 3 1 , 9 9 1 , 3 7 8 $ 3 8 , 1 2 8 , 1 1 5 $ 1 6 9 , 7 5 5 $ 3 8 , 2 9 7 , 8 7 0
4 9
Riverdds Coady Tremperb8on Cam anion
Cemblydng 61atembof Ryvenrws, Eapenat un. and Chubb In Fund 9deymy
Nom *. 6ovemnants1 Funds
barEndW Juw 20.2011
6pecid Raven Capita Propcb TOW
NnaeuuA Freeway Santa Sbla Numb Nenna(er
PM Wrote Savlce Autoriryfa Trams Webb Cobb GovernmenW
May NM Freeway Ernsrgendes AulMmes Total Capital Probes Fundy
Revenues
6Mm lam $ 975,511 $ - 3 - 3 9923625 $ 107398,836 3 - 3 10.898.936
I7brgwdw en1.1 - 1.920.428 52 - 1920480 - 1.9203480
Interest 5.334 18,470 225,347 1680339 1.435493 3.419 1638909
VeMde ugidw6on user lam - 13643E3 1,694388 - 1684388
Other NO 1292 1,532 1,632
ToW revenues 980646 1,939.138 1910279 11,109,784 159/0325 3A/9 15943915
Ear. 0
Gunn.
banes and bane% - 49,7013 40367 - 90.575 90,575
General legalserbes - 1,740 1,492 3,232 - 3232
Pmksdmal sebb - 21.546 1825,9 - 39605 - 39,8115
1M50e Me 9.106 7910 - 16316 16916
Ober _ 20708 22379 49.777 - 49117
NW admnkRaion 104998 91.107 200305 - 200906
Pmgmm
local aueebsa )roads 975328 - - 975928 975,528
Modal asddems - 2,190353 1.786.899 3,983252 3363,22
Trani and bibbed Baupalafan _ - _ 1=736 1=766 - 1,200,766
Total mown 975,528 2196355 1.786,899 1230.766 6,159646 - 6.169646
Masi 144,592 144,E
GM of Imam - - _ - - 1,107,608 1,162508
Total deb seMce - - - 1,262100 1.252.100.
Gapial outlay - 3.951 2617 505 - 5665
Total eapendiham 975,528 2308,302 1,880923 1.200766 6.335319 1.252,100 7,612619
Deem (de b...vi ol avenues over (wider)
expenditures 5,317 (369.164) 29)156 9,938,998 9.575,007 (1,248681) 8.326.326
Other financing somas Meat
Trawlers in - 090,000 45,116 35.093 571.209 - 571,209
Trablea out (490.000) - MOOD) (128978.655) 1129.454655)
CUN !mace_ - - _ 126,395,0130 126.3953110
PremSm on debt imam- - 0854.021 3351921
Total oterfnanang sources (uses) 490,000 (444684) 36693 81209 1.270366 2351375
Mot uhage in fund balances 5,317 120,836 (415929) 9,945,091 9.650216 21,685 9,677,901
Fund Maness al beginning dyer 60694 797,382 5608.457 21,538211 27,594,444 112,207 277316651
FundMaice. Mend dyes $ 65,711 $ 916,218 3 4693629 3 31,483,302 3 37,180,680 3 133,892 3 37294.552
50
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R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
S c h e d u l e o f E x p e n d i t u r e s f o r l o c a l S t r e e t s a n d R o a d s
b y G e o g r a p h i c A r e a - A l l S p e c i a l R e v e n u e F u n d s
Y e a r E n d e d J u n e 3 0 , 2 0 0 8
W e s t e m C o u n t y :
C i t y o f B a n n i n g $ 6 9 2 , 0 5 8
C i t y o f B e a u m o n t 6 8 6 , 2 3 2
C i t y o f C a l i m e s a 1 7 4 , 4 6 2
C i t y o f C a n y o n t a k e 2 2 2 , 5 6 7
C i t y o f C o r o n a 4 , 7 9 0 , 0 6 8
C i t y o f H e m e t 1 , 9 7 2 , 3 9 1
C i t y o f L a k e E l s i n o r e 1 , 2 9 6 , 3 2 6
C i t y o f M o r e n o V a l l e y 4 , 2 6 4 , 3 1 7
C i t y o f M u r r i e t a 2 , 5 1 6 , 8 1 7
C i t y o f N o r c o 8 2 8 , 8 7 1
C i t y o f P e r r i s 1 , 3 0 3 , 5 0 1
C i t y o f R i v e r s i d e 8 , 4 3 3 , 5 7 1
C i t y o f S a n J a c i n t o 7 4 9 , 5 4 1
C i t y o f T e m e c u l a 3 , 3 4 2 , 0 1 6
R i v e r s i d e C o u n t y 1 0 , 1 6 9 , 2 3 1
O t h e r 2 , 2 7 5
4 1 , 4 4 4 , 2 4 4
C o a c h e l l a V a l l e y :
C i t y o f C a t h e d r a l C i t y 1 , 4 3 9 , 6 2 2
C i t y o f C o a c h e l l a 5 3 5 , 3 5 1
C i t y o f D e s e r t H o t S p r i n g s 3 8 7 , 3 6 5
C i t y o f I n d i a n W e l l s 2 2 8 , 6 9 4
C i t y o f I n d i o 1 , 5 4 3 , 7 0 4
C i t y o f P a l m D e s e r t - 2 , 4 0 8 , 2 5 0
C i t y o f P a l m S p r i n g s 1 , 7 0 7 , 3 0 0
C i t y o f R a n c h o M i r a g e 8 8 8 , 7 1 1
R i v e r s i d e C o u n t y 1 , 6 7 9 , 1 3 8
C o a c h e l l a V a l l e y A s s o c i a t i o n o f G o v e r n m e n t s 1 , 2 8 0 , 7 4 3
O t h e r 1 , 4 6 5
1 2 , 1 0 0 , 3 4 3
P a l o V e r d e V a l l e y :
C i t y o f B l y t h e 7 5 6 , 2 1 9
R i v e r s i d e C o u n t y 2 1 9 , 2 9 2
O t h e r 1 7
9 7 5 , 5 2 8
T o t a l l o c a l s t r e e t s a n d r o a d s e x p e n d i t u r e s $ 5 4 , 5 2 0 , 1 1 5
5 3
9 2
Riverside County Transportation Commission
Schedule of Expenditures for Transit and Specialized Transportation
by Geographic Area and Source-A8 Special Revenue Funds
Year Ended June 30, 2008
Sales Taxes
Measure A
Local State
Transportation Transit
Fund Assistance Total
Western County:
Beaumont Unified School District $ 20,814 $ - $ $ 20,814
Blindness Support Services, Inc. 75,114 75,114
Boys and Girls Club of Southwest County 74,896 74,896
Casa for Riverside County 30,000 30,000
Care -A -Van 245,025 245,025
Care Connexxus 175,000 175,000
City of Banning - 1,058,494 - 1,058,494
City of Beaumont 3,032,739 363,000 3,395,739
City of Corona - 1,579,450 49,910 1,629,360
City of Norco 73,116 - 73,116
City of Riverside - 2,624,719 2,624,719
Friends of the Moreno Valley Senior Cilizens 47,773 47,773
Inland Aids Project 100,000 100,000
Operation Safe House 5,000 5,000
Partnership to Preserve Independent Living for Seniors and Persons with Disabilities 448,598 448,598
Peppermint Ridge 14,268 14,268
Riverside County Regional Medical Center 274,665 274,665
Riverside County Transportation Commission 10,320,133 352,826 10,672,959
Riverside Transit Agency 38,408,391 231,852 38,640,243
Volunteer Center of Greater Riverside 192,353 192,353
Whiteside Manor, Inc. 22,082 22,082
Other 155,717 330 156,047
1,954,421 57,023,926 997,918 59,976,265
Coachella Valley:
SunLine Transil Agency 3,739,000 18,937,075 202,848 22,878,923
3,739,000 18,937,075 202,848 22,878,923
Palo Verde Valley:
Palo Verde Valley Transit Agency
794,299 794,299
794,299 794,299
Total transit and specialized transportation expenditures $ 5,693,421 $ 76,755,300 $ 1,200,766 $ 83,649,487
54
93
"
I S v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
S c h e d u l e o f C h a n g e s i n A s s e t s a n d L i a b i l i t i e s " A g e n c y F u n d
Y e a r E n d e d J u n e 3 0 , 2 0 0 3
B a l a n c e B a l a n c e
J u l y 1 , 2 0 0 7 A d d i t i o n s D e d u c t i o n s J u n e 3 0 , 2 0 0 3
A s s e t s
C a s h a n d i n v e s t m e n t s S 1 , 5 0 0 , 0 0 0 $ $ 1 , 5 0 0 , 0 0 0 E
I n t e r e s t r e c e i v a b l e 1 , 9 9 4 - 1 , 9 9 4
T o t a l a s s e t s S 1 , 5 0 1 , 9 9 4 $ S 1 , 5 0 1 , 9 9 4 S
L i a t i f t i e s s
D u e t o p o s h e l i r e m e n t h e a l t h p r e b e n e f i t s p l a n i 1 , 5 0 0 , 0 0 0 i - $ 1 , 5 0 0 , 0 0 0 $
D u e t o o t h e r g o v e r n m e n t s 1 , 9 9 4 1 , 9 9 4
T o t a l i a b i l n i e s S 1 , 5 0 1 , 9 9 4 $ - S 1 , 5 0 1 , 9 9 4 $
5 5
9 4
Riverside County Transportation Commission
Statistical Section Overview
This part of the Riverside County Transportation Commission's comprehensive annual financial report presents
detailed information as a context for understanding what the information in the financial statements, note disclosures,
and required supplementary information says about the Commission's overall financial health.
Financial Trends: These schedules contain trend information to help the reader understand how the government's
financial performance and well-being have changed over time. The schedules include:
Net Assets By Component
Changes in Net Assets
Fund Balances of Govemmental Funds
Changes in. Fund Balances of Govemmental Funds
Revenue Capacity: These schedules contain information to help the reader assess the government's most
significant local revenue source, the Measure A sales tax. These schedules include:
Sources of County of Riverside Taxable Sales by Business Type
Direct and Overlapping Sales Tax Rates
Principal Taxable Sales Generation by City
Measure A Sales Tax Revenues by Program and Geographic Area
Debt Capacity: These schedules present information to help the reader assess the affordability of the
government's current levels of outstanding debt and the government's ability to issue additional debt in the future.
These schedules include:
Ratios of Outstanding Debt by Type
Computation of Legal Debt Margin
Pledged Revenue Coverage
Demographic and Economic Information: These schedules offer demographic and economic indicators to help
the reader understand the environment within which the government's financial activities take place. These
schedules include:
Demographic and Economic Statistics for the County of Riverside
Employment Statistics by Industry for the County of Riverside
Operating Information: These schedules contain service and infrastructure data to help the reader understand
how the information in the government's financial report relates to the services the govemment provides and the
activities it performs. These schedules include:
Full-time Equivalent Employees by Function/Program
Operating Indicators
Capital Asset Statistics by Program
56
95
Riverside County Transportation Comrisafon
Net Assets by Component
Last Seven Fiscal Years
(Accrual Basis) -
Fiscal Year
2808 2007 2806 2005 20U 2003
Govemi ental acOuNem -
Invested incapital assets,
net of related debt $ 207,478.034 ' $ 147.874,291 $ 137.129.082 $ 133225.528 3 $ 104.718,712 a $ 126,247,454 ' $ 130,051,343
Resbicted 521,711,172 531,154.177 442129.220 323,504.823 23E719,198 s 154,013,051 ' (44401,093)
Unrestricted 049,004.964) (11075,049) (102.07081) (124274292) (121.829.477) 3 (17041946) ' 5.985213
'rola! governmental ach isles net assets $ 580,18042 $ 560,353,419 d 477,183.421 $ 334.455.859 $ 215.606.433 $ 106.718.559 $ 915.15463
GASB 34 was implemented July 1, 2001. Prior years'iKonreSpi is not
Sarre: finance Department
' Beginning net assets in 2003 were restated as ar sMdtofcorrectons tocap0al assets and revenue recognition, restating in a netdemease of $20,492,947. Addiondly, certain components of
beginning net assets were reclamTed to conform bthe presenb8on in the 20036na vial statements Prior year amounts in tbs preandanon bare net been reviled to mama n se changes
' The Local Trnspoda8on Fund, previously reported as a 54siay funA was reclassied as especial revenue hind in the 2004financial statements, rename lean increase to beginning net asses
of$34.295.645. Addliare0y, certain components of beginning net asses were reclassified b conformb the presentafmn in the 2004 financial statements. Pia yeas ousts in Ibis indentabn
have not been revised to reflect these changes.
3 The beginning balance of invested inQOM asses, nett( related debt was restated duet a correction in the accan9ng For certain rat caplet asses in 8s 2005 financial statements, resulting hi
an increase of $19,283,259. Pea year amount br pets presentalion have not been revised to reflect these changes.
' Inveaed in capes! assets, net of related dehtin ckcreased in 2008 prbw0y as a result a right of way purchases related to the hid County Parkway project
5900.000.000
5700A00.000
5500.000.000
5500000,01:10
$400,004000
2300,000,000
Ma m on°
i100.00D,000
a-
s(300.a0a.000)
E900.0110.00n
f(300,0W,0001
Net Assets by Component
'�;Y r'•o is �'3t''r �,
K
ie
I
c•
4
$.1
enr. 7_
2w/t
o taresvyiea
ONerknckw
n wesleenwys.k easels. net errelated debt
57
96
"
"
R i v e r s i d e c a n n y T a m p e d : A n n C a m d e s t e n
C h a n g e s I n N g N u b
L a s t & w e n R a d Y e a r s
( A e c a n a l N u b )
F a d Y a w E n d e d J i m 3 0
2 0 0 6
2 0 0 7 2 0 0 6 2 0 0 5 2 0 0 4 2 0 0 3 2 0 0 2
E x p e n s e s
G o v e r n m e n t a l a e l N i a S
G e n e r a l g o v e n m s m 4 $ 6 2 9 9 . 0 1 8 f 5 E 9 2 6 3 7 5 4 . 8 1 8 2 9 2 S 0 1 5 E 0 7 S 3 , 9 0 9 , 9 1 2 5 4 , 3 0 7 , 5 4 4 f 5 , 4 0 7 , 8 0 8
0 x y d e a w l p e d e d n a n p r o j e c t 1 , 4 3 6 , 7 1 0 7 6 0 E 1 0 0 4 8 . 9 5 9 1 E 2 1 E 3 7 9 2 7 . 1 3 8 ' - -
C E T A P 8 . 0 1 7 . 0 2 4 5 . 4 3 3 , 4 9 9 6 5 4 9 . 3 3 4 , 1 4 7 1 5 8 6 0 6 , 8 8 2 ' .
C o x r W e r a a a k b l l e e 3 . 4 6 4 1 3 3 4 6 1 2 2 E 3 3 2 8 8 9 E 5 1 2 $ 9 9 , 4 4 8 2 , 9 5 e , 7 3 2 2 3 1 4 0 3 3 2 d ] 8 8 , 7 4 6
C m n d n d 1 4 , 8 3 2 4 T 3 1 2 E 5 8 . 6 9 5 1 1 . 3 5 8 2 2 0 8 2 0 7 , 8 7 8 8 . 7 0 2 0 3 3 5 . 6 E 9 . 8 8 3 1 1 . 7 7 2 , 0 3 1
1 5 2 h 1 1 4 a 5 9 E 8 6 3 3 4 1 2 . 4 3 E 9 7 9 3 6 2 2 6 , 7 0 5 3 5 3 4 2 . 7 9 3 3 5 . 4 5 6 . 3 3 3 2 9 , 8 1 2 0 8 3 2 7 E 5 0 E 4 7
I c e d s t r e e t s a n d r o a d s 5 4 E 2 0 E 2 5 6 0 . 0 9 9 . 5 2 6 6 0 , 3 8 9 E 7 6 5 8 3 3 4 1 6 9 4 6 , 2 0 8 , 9 8 8 4 6 2 / 4 4 6 4 3 6 5 1 1 . 3 2 3
M i s t r i a l a s s i s t a n c e 3 . 9 6 3 2 5 2 2 , 4 0 8 , 6 1 2 2 2 8 0 E 4 6 2 1 9 1 E 6 1 1 E 7 4 3 8 0 1 E 4 3 . 0 1 7 2 5 5 2 4 0 9
P l a n n i n g a n d p m 9 r a a m a 9 7 6 3 1 , 8 6 9 6 5 6 1 1 E 6 5 . 9 7 6 6 1 7 4 ,
3 2 8 , 0 3 8 A , 2 8 7 , 6 % 2 9 7 4 0 1 4 5 , 1 1 8 3 7 7
f O y M a ( w r y m a n a g e m e n t m a n a g e m e n t 5 5 1 , 9 6 0 6 3 1 , 9 9 6 6 2 2 1 9 8 5 8 0 , 2 2 4 7 2 1 Y e l ' K 3 1 5 / , 5 8 2 1 0 . 6 1 5 9
R a g i r e d a e r i e s 3 1 , 1 3 1 , 7 3 1 3 6 7 5 9 2 8 7 1 2 1 9 1 . 8 0 3 1 7 , 6 2 1 , 5 0 5 1 2 9 9 6 E 2 2 ' 8 4 2 8 . 0 2 1 1 1 7 2 9 . 3 1 2
T a r W a n d * W a l k e d b a r e p a l a 6 o n 6 3 . 9 2 2 9 1 5 7 5 . 5 6 7 E 2 9 6 2 . 5 2 7 . 2 7 6 5 6 9 2 6 8 1 4 5 3 E 1 1 , 9 2 1 ' 9 E 1 3 , 5 0 4 6 E 8 0 2 8 4
I n t e r e s t ^ P e a s e 6 2 8 1 , 2 3 2 6 8 8 1 , 1 2 8 7 . 8 3 2 . 7 3 3 8 . 3 1 9 9 2 6 1 1 , 7 3 6 , 1 2 9 1 0 . 3 5 1 . 7 9 0 - s
T o l d g a w n n s e W a d t i e s e x p e m m 2 8 1 , 3 6 6 . 5 2 7 2 5 2 , 7 1 1 , 7 1 9 2 1 6 , 5 0 6 . 7 8 9 1 9 8 6 1 , 1 1 0 1 3 4 . 5 2 2 , 5 7 4 1 1 6 E 1 5 2 9 1 5 1 1 5 E 5 5 E 2 0
P t u g u e n R e v e n u e s -
G b v a n m e N a l a c f m 5 e s
C h a r g e s f o r R n ' r u
C a m m d a a e s i b r r a _ - 5 7 3 E 6 4 8 1 8 . 5 3 2 1 E 6 6 8 1 0
C a r n m u l e r r a i 3 5 2 8 2 6 4 E 3 3 8 2 ' 2 , 5 6 4 1 4 6 E 4 9 3 9 4 E 2 4 3 , 7 9 4 , 1 1 6 "
F g M e l a ' a i m a n a g a m e n 1 5 0 7 , 2 9 8 4 9 7 , 8 E 6 4 4 5 , 3 1 3 5 4 7 . 0 7 5 3 3 5 3 3 5 2 1 6 3 1 1
1 1 9 7 4 1 1 7 1 1 _ r _ . g " 2 9 2 8 . 5 7 3 '
P l a n i n g a n d p r e g r a a n i v _
3 E 0 7 E 2 0
M e t 2 3 3 1 . 2 3 6 J 2 8 2 7 3 2 4 . 9 7 2 5 5 2 5 5 0 . 2 2 9 3
4 a 8 7 , 2 9 3
O p m a t r 9 g r a n t s a d a o l r h u 7 s m 2 9 . 3 9 1 . 7 8 7 4 7 , 3 1 3 , 9 1 6 9 0 , 3 8 9 , 0 1 8 7 2 . 2 2 , 4 3 0 6 1 E 1 2 8 8 2 a 1 0 E 0 9 E 6 0 4 1 1 6 , 8 0 3 -
C a p i a l g r a d s a n d n a a b u 0 n n s 9 7 4 2 . 2 8 0 6 2 0 , 2 5 2 9 9 7 , 3 6 2 8 7 2 6 6 5 1 . 1 6 3 , 9 2 2 2 1 , 1 9 0 E 2 7 -
T o t a l g o v a m m e N a l a d N i k e p r a Y a m r e v e n u e s 3 8 , 9 9 9 5 2 2 1 8 , 1 3 1 , 6 9 1 9 1 , 8 5 8 , E 7 3 . 6 5 4 . 7 0 6 9 3 , 7 6 7 E 7 / 3 3 , 2 4 1 , 1 5 2 1 6 . 6 E 4 9 7 5 '
N a R a v e n n a * ( E x p e n s u )
G o v e m e a M a l a d a d e s R 1 2 3 7 0 , 0 0 5 ) ( 2 0 1 2 7 2 0 2 5 ) ( 1 2 4 . 6 4 8 , 3 9 1 ) t 2 1 , 8 0 9 , 1 0 9 ) ( 1 2 0 1 5 0 9 7 ) 3 2 . 8 1 1 1 9 3 ) ( 9 9 , 1 0 4 , 9 4 5 )
G e n e r a l R e v e n u e s
G p r e m m a n b l a l l i e s
M e a s u r e A s a l e s I m e s - 1 4 2 5 3 7 . 5 1 8 1 5 1 6 3 0 1 2 3 1 5 7 2 3 6 . 3 1 4 1 3 9 9 2 1 2 1 7 1 2 6 5 6 4 E 9 0 1 0 5 , 7 8 2 , 5 9 5 9 5 , 7 9 7 2 8 7
T r a s p a d a b n p v e l o p m e r 1 A e l s a l e s l a s e s 9 3 E 4 1 5 0 1 0 9 1 6 0 , , 1 6 3 9 6 9 2 2 2 4 4 7 7 E 1 8 5 6 5 6 9 , 1 3 3 0 0 2 ' 7 , 4 8 9 6 3 8 9 8 7 6 6 5 6
V e l n i d e r e g i r m b n N s a - - - 1 . 2 0 8 . 6 5 5
U n r e s t r i c t e d i r r e s b u e n t e m e n d s 2 9 0 5 5 , 1 5 6 2 3 E 9 7 , 3 9 9 1 1 E 3 9 . 5 7 5 5 E 4 6 3 2 5 3 . 1 1 5 2 3 2 4 . 9 3 2 . 0 2 1 5 , 9 4 2 . 4 0 0
O t h e r m i s c e l l a n e o u s a v e m n 1 , 5 6 5 . 6 7 4 1 . 5 7 1 . 7 1 6 1 3 3 9 6 0 2 4 2 , 3 6 6 , 3 8 0 5 3 6 0 0 2 2 2 8 2 , 5 8 2 4 3 5 3 8 2 5 0
G a i n a o r a d e o f e a n i a l = e l s 3 . 2 7 8 . 0 7 2 5 E 7 4 . 7 9 6 1 2 3 , 0 5 4 _
T o t a l p y r o m a n b l a e 0 d i e s g e n e r a l ( a v e n u e s 2 6 6 2 0 0 , 8 2 8 2 8 7 , 4 4 7 , 0 2 3 2 6 7 , 3 7 5 . 9 5 3 2 2 4 , 3 7 5 . 5 7 1 1 9 3 , 3 4 9 . 7 2 6 1 2 0 . 1 8 5 , 8 3 6 1 1 6 7 9 6 3 2 8
M a n g e y i n N a l A s s e t s
G o v e r n m e n t a l / W e l l e s
G 4 5 6 3 4 w a s i n d e m a n l e d A s a 1 . 2 0 0 1 . P r i o r y e a r s ' b b r m a i o n ' e n o t a a l e b t e .
S c a m . F i n a n c e O P a d m e m
S 1 9 E 3 0 E 2 3 f 8 3 , 1 6 9 , 9 9 1 3 S 1 4 2 , 7 2 7 , 5 6 2 S 9 9 , 5 6 8 1 6 7 f 7 2 5 9 4 2 2 9 S 3 7 , 6 7 4 , E 4 3 f 1 5 , 6 9 8 , . 7 8 3
T h a L e o a l T r a s p u d a 0 o n F u M , p A R * r e p o d e d a s a f i d u c i a r y t u r d , w a s r e d a n i r e d a s a s p a c i a l m v e v e n a p i n t h e 2 3 0 4 f i n a n c i a l s t a t e m e n t ; r m W b g I n a n i n c r e a s e i n s a l e s l a x r e v e n u e s a s s e e a s b i c y c l e a n d
p e d e s t r i a n l a t h e s a n d b m A a n d s p e c i a l i z e d b a p r a l a t o n e x e n d t u m s P r i o r y e a r a m o u n t b t h e p r � e r n l a S a n h a v e n a l b e e n r e v i s e d t o r e l e n t t h e s e t h a w s .
' T h e T r a n s p u 1 a l b n U d m m M N g a d o n F e e ( r e a r m w a s i m p l e m e n t e d i n R e a l y e a r 2 0 0 / , = W i l d i n a n e w r e v e n u e s o u r c e t o t e P e n d d u e s m t e e d b t h e C E T A P a n d r e g e n a l M e d a l s p r o g r a m s .
I n t e r e s t e x p a n s e d 5 1 2 2 4 2 5 5 7 i n 2 0 9 2 w a s c l a s s i f i e d w 8 h i n e a c h r e s p e d b e p m g r a n .
F e d e r a l a n d s a t e r e i m b u r s e m e n t s w e r e c a e d a d = c h a r g s b s e r v i c e s i s f i s c a l y e a 2 0 0 2 b u t n e w c l a s s i f i e d a s o p e r a t i n g o r c a p i t a l g r a n t s a n d c u n t - C u l l o m m s u b s e p a r i y e a r s
5 8
9 7
$300,000,000
$250,000 000
$200,000 000
$150,000,000
$100,000 000
$50,000 000
$400,000,000
$350,000,000
$300,000,000
$250,000.000
$200,000,000
$150,000,000
$100,000,000
$50.000,000
Riverside County Transportation Commission
Changes in Net Assets (Continued)
Last Seven Fiscal Years
(Accrual Basis)
Expenses by Function
-siN%f 1.5 ., f s ..
b
rx `
�a M1�
MU
x�wC
_
2008 2007 2006 2005 2004 2003 2002
Revenues by Source
7:
2008
2007 2006
%
rma
2005 2004 2003 2002
59
•
■ Interest expense
❑ Transit and specialized
transportation.
❑ Regional arterials
El Right of way management
■ Planning and programming
❑Motorist assistance
['Local streets and roads
Highways
■ Commuter rail
°Commuter assistance -
OCEfAP
■Bicycle and pedestrian facilibes-
■ Gain on sale of capital assets
D Other miscellaneous revenue-
® Unrestricted investment eamings
0 Vehicle registration fees
II Transportation Development Act
sales taxes
O Measure A sales taxes
O Capital grants and contributions
■ Operating grants and contributions
O Charges for services
•
98
" "
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
F u n d B a l a n c e s o f G o v e r n m e n t a l F u n d s
L a s t T e n F i s c a l Y e a r s
( M o d i f i e d A c c r u a l B a s i s )
R a c a l Y e a r
2 0 0 8 2 0 0 7 2 0 0 6 2 0 0 5 2 0 0 4 2 0 0 3 2 0 0 2 2 0 0 1 2 0 0 0 1 9 9 9
G e n e r a l f u n d :
R e s e r v e d $ 8 , 8 8 6 , 9 8 6 $ 7 , 0 7 0 , 1 1 5 $ 7 , 2 1 5 , 5 7 9 $ 6 , 3 0 4 . 8 3 7 $ 5 , 8 2 1 , 0 2 3 $ 5 , 0 0 1 , 4 9 3 5 5 , 5 9 4 , 2 2 7 $ 4 , 8 1 4 , 2 9 6 5 1 , 9 3 5 , 9 7 5 5 1 , 6 0 7 , 8 3 8
U n r e s e r v e d 3 , 2 3 8 , 2 5 1 2 , 8 7 7 . 9 2 3 2 , 0 1 4 , 4 8 0 Z 2 1 5 . 6 4 3 1 , 5 3 1 , 1 5 1 7 5 6 , 2 9 9 8 6 5 . 8 9 0 7 7 7 , 1 0 4 2 , 1 8 3 , 8 6 9 2 , 3 2 6 . 6 2 9
T o t a l g e n e r a l f u n d $ 1 0 , 1 2 5 , 2 3 7 5 9 , 9 4 8 , 0 3 8 5 9 , 2 3 0 , 0 5 9 5 8 , 5 2 0 , 4 8 0 $ 7 , 3 5 2 , 1 7 4 $ 5 , 7 5 7 , 7 9 2 5 6 , 4 8 0 , 1 1 7 $ 5 , 5 9 1 , 4 0 0 $ 4 . 1 1 9 . 6 4 4 5 3 , 9 3 4 , 3 6 7
A i l o t h e r g o v e r n m e n t a l f u n d s :
R e s e n t e d $ 5 2 0 , 8 7 4 . 6 4 8 $ 5 3 3 , 2 7 5 , 1 5 8 $ 4 3 8 , 4 5 3 , 3 6 2 $ 3 2 3 , 2 1 9 , 0 2 5 $ 2 3 3 , 9 7 3 , 1 5 4 5 1 4 9 , 9 1 1 , 5 5 8 5 1 5 Z 8 1 0 , 7 3 0 $ 1 4 5 . 1 8 0 , 4 8 1 5 1 0 0 , 0 3 2 , 1 7 9 5 9 1 , 1 2 5 , 7 6 7
U n r e s e r v e d , r e p o r t e d i n :
S p e c i a l r e v e n u e f u n d s 7 , 2 9 7 . 7 4 4 6 , 9 3 6 , 4 1 7 5 , 7 4 5 , 7 9 2 4 , 8 9 5 , 7 9 2 4 , 0 4 9 , 0 3 8 3 , 2 2 5 , 1 6 8 5 . 3 7 5 , 6 6 9 7 , 4 7 3 , 9 9 7 8 , 4 1 0 , 7 6 9 7 . 9 8 8 , 3 0 5
C a p i t a l p r o j e c t s f u n d ( 7 , 2 5 3 , 5 3 5 ) - _
T o t a l a l l o t h e r g o v e r n m e n t a l f u n d s $ 5 2 0 , 9 1 8 , 8 5 7 $ 5 4 0 , 2 1 2 , 5 7 5 $ 4 4 4 , 1 9 9 , 1 5 4 $ 3 2 8 , 1 1 4 , 8 1 7 5 2 3 8 , 0 2 2 , 1 9 2 ' $ 1 5 3 , 1 3 6 , 7 2 6 $ 1 5 8 , 1 8 8 , 3 9 9 $ 1 5 2 , 6 5 4 , 4 7 8 5 1 0 8 , 4 4 2 , 9 4 8 $ 9 9 , 1 1 4 , 0 7 2
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• •
Fiscal Year
Riverside County Transportation Commission
Direct and Overlapping Sales Tax Rates
Last Ten Fiscal Years
Measure A Direct RateCounty of Riverside
2008 0.50% 7.75%
2007 0.50% 7.75%
2006 0.50% 7.75%
2005 0.50% 7.75%
2004 0.50% 7.75%
2003 0.50% 7.75%
2002 0.50°% 7.75%
2001 0.50% 7.75%
2000 0.50% 7.75%
1999 0.50% 7.75%
Source: Commission Finance Department and Califomia State Board of Equalization.
' The Measure A sales tax rate may be changed only with the approval of 213 of the voters.
63
102
i
City of Riverside
City of Carona
City of Temecula
City of Palm Desert
City of Moreno Valley
City of Munieta
City of Hemel
City of Cathedral City
City of Palm Springs
City of Indio
City of La pinta
City of Lake Elsinore
City of Perris
City of Norco
City of Rancho Mirage
City of Coachella
City of Banning
City of Beaumont
City of Blythe
City of San Jacinto
City of Indian Wells
City of Desert Hot Springs
City of Calimesa
City of Canyon Lake
Incorporated
Unincorporated
Countywide
California
Rfvercide County Transportation Commission
Principal Taxable Sales Generation by City,
Current Year and Eleven Years Ago
2006 1996
Percentage of Taxable Sales On Percentage of
Taxable Sales (in thousands) Rank Total thousands) Rank Total
S
5,034,072 2 16,9% $ 2,259,966 2 20.3%
3,576,700 3 12.0% 1,073,966 3 9.6%
2,764.675 4 9.1% 752,754 4 6.8%
1,593,699 5 5.3% 746,463 5 6.7%
1,307,961 6 4.4% 592,695 6 5.3%
1,120,712 7 3.B% 229,545 13 2.1%
1,053,235 8 3.5% 416,908 B 3.7%
898,801 9 3.0% 407,849 9 3.7%
1376,319 10 2.9% 433,291 7 3.9%
837,877 11 28% 305,420 10 2.7%
754,063 12 2.5% 132,892 17 12%
682,818 13 2.3% 240,367 if 2.2%
579,848 14 1.9% 227,997 14 2.0%
557,095 15 1.9% 209,199 15 1.9%
514,119 16 1.7%- 233,346 12 2.1%
308,190 17 1.0% 83,755 19 0.9%
249,506 18 0.8% 139,372 16 1.3%
235,969 19 0.8% 63,912 20 0.6%
173,316 20 0.6% 103,017 18 0.9%
127,728 21 0.4% 60,566 21 0.5%
105,715 22 0.4% 57,075 22 0.5%
95,513 23 0.3% 47,935 23 0.4%
50,575 24 0.2% 19,901 24 0.2%
12,496 25 0.0% 6,341 25 0.1%
23,451,002 78.7% 8,844,532 79.4%
8,365,235 1 21.3% 2,294,329 1 20.6%
29,816,237 100.0% $ 11,138,861 102.0%
$ 559,652,437
Source: California Slate Board of Equalization for the calendar year indicated.
Taxable Sales by City
S6,000,000
$5.000,000
$4,000.000
$3,000,000
$2,000,000
$1.000,000
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103
Riverside County Transporlation Commission
Measure A Sales Tax Revenues by Program and Geographic Area
Year Ended June 30, 2008
Special Revenue Funds
General Western Coachella Palo
Fund County Valley Verde Total
Administration S 3,400,000 S . § - S S 3.400.000
Commuter assistance - 2,590,081 - 2.590.081
Highways 40,172,935 5,183,520 45,356,805
Commuter rail 16,808,797 - 1E608.797
Local streets and roads 41.441,295 12,095,579 975,511 54.512.385
Regional arterials 13,823,519 13,823,519
Scociar.zed transpolahon 2,590,081 3,455,880 6,045,961
5 3,400,000 S 103,603,239 S 34,558,7913 S 975,511 S 142,537548
Source: Finance Department
S60.000,000
S50.000.000
S40.000.000
$30.000.000
$20.000.000
SMA00.000
S-
Sales Tax Revenues by Program and Geograybk Area
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' T h i s s c h e d u l e m e e t s t h e r e q u i r e m e n t s f o r C o n t i n u i n g D i s c l o s u r e o f h i s t o r i c a l M e a s u r e A s a l e s t a x r e c e i p t s a n d b o n d c o v e r a g e r a t i o s .
' S a l e s t a x r e v e n u e b o n d s a r e b a c k e d b y t h e s a l e s t a x r e c e i p t s , n e l o f B o a r d o f E q u a l i z a t i o n f e e s , d u r i n g t h e f i s c a l y e a r .
6 8
Riverside County Transportation Commission
Demographic and Economic Statistics for the County of Riverside
Last Ten Calendar Years.
Personal Income Per Capita Unemployment
Calendar Year Population' (thousands)2 Personal Income Rate'
2006 1,953,330 $ 57,666,983 $ 29,522 5.1°%
2005 1,877,000 52,850,398 28,157 5A%
2004 1,776,780 49,443,185 27,827 5.8°%
2003 1,705,625 45,016,790 26,393 6.3%
2002 1,644,275 42,010,066 25,549 6.3%
2001 1,609,370 39,974,556 24,839 5.5%
2000 1,522,910 37,014,951 24,305 5.4°%
1999 1,473,307 34,088,221 23,137 5.5%
1998 1,441,237 32,089,788 22,265 6.7%
1997 1,379,956 29,298,607 21,232 7.6%
Sources: ' Califomia State Department of Finance as of January 1.
2 U.S. Department of Commerce Bureau of Economic Analysis
3 Riverside County Economic Development Agency
69
108
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R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
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• •
Riverside County Transportation Commission
Capital Asset Statistics by Program
Last Ten Fiscal Years
As of June 30
2001 2007 2006 2005 2004 2003 2002 2001 2000 1999
Commuter rail:
Commuter rail stations owned and managed 5 5 5 5 5 5 4 4 4 4
Miles of commuter rail easements 104.6 104.6 104.6 104.6 104.6 104.6 104.6 104.6 104.6 104.6
Commuter Assistance:
Commuter Exchange Vehicle 1 1 1 1 1 1 1 1 1 1
Source: Commission Departments
73
•
"
"
A T T A C H M E N T . 2
L o c a l T r a n s p o r t a t i o n F u n d o f t h e C o u n t y
o f R i v e r s i d e a s A d m i n i s t e r e d b y t h e
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
F i n a n c i a l a n d C o m p l a n c e R e p o r t
Y e a r E n d e d J u n e 3 0 , 2 0 0 8
M c G l a d r e y & P u l l e n
C e r t i f i e d P t b k A c c o u n t a n t s
M c G t a d r a y & P u k n , L L P I s a m e m b e r h m o f R S M I n t e r n a t i o n a l ,
a n a f i l i a d a n o f s e p a r a t e a n d i n d e p e n d e n t l e g a l e r d l e s .
1 1 3
"
C o n t e n t s
I n d e p e n d e n t A u d i t o r ' s R e p o r t o n t h e F i n a n c i a l S t a t e m e n t s
a n d S u p p l e m e n t a r y I n f o r m a t i o n
1 . 2
F i n a n c i a l S t a t e m e n t s
B a l a n c e S h e e t 3
S t a t e m e n t o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e i n F u n d B a l a n c e 4
N o t e s t o F i n a n c i a l S t a t e m e n t s 5 - 7
S u p p l e m e n t a r y I n f o r m a t i o n
S c h e d u l e o f A l l o c a t i o n s a n d D i s b u r s e m e n t s 8
S c h e d u l e o f U n c l a i m e d A p p o r t i o n m e n t s ( A r t i c l e s 4 a n d 8 ) 9
S c h e d u l e o f U n c l a i m e d A p p o r t i o n m e n t s ( A r t i c l e 3 ) 1 0
I n d e p e n d e n t A u d i t o r ' s R e p o r t o n I n t e r n a l C o n t r o l o v e r F i n a n c i a l R e p o r t i n g a n d
o n C o m p l i a n c e a n d O t h e r M a t t e r s B a s e d o n a n A u d i t o f F i n a n c i a l S t a t e m e n t s
P e r f o r m e d i n A c c o r d a n c e w i t h G o v e m a r n e n t A u d i t i n g S t a n d a r d s
1 1 - 1 2
1 1 4
McGladrey& Pullen
Certified Public Accountants
Independent Auditor's Report on the Financial Statements
and Supplementary Information
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have audited the accompanying financial statements of the Local Transportation Fund of the County of Riverside,
as administered by the Riverside County Transportation Commission (the Commissar), as of and for the year ended
June 30, 200E1, as listed in the table of contents. These financial statements are the responsibility of the
Commission's management. Our responsibility is to express an opinion on these financial statements based on our
audit.
We conducted our audit in accordance with auditing standards generally accepted in the United States of America
and the standards applicable to financial audits contained in Government Addling Standards issued by the
Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit
also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our
opinion.
As discussed in Note 1, the financial statements present only the Local Transportation Fund and do not purport to,
and do not, present fairly the financial position of the Commission or the County of Riverside, California, as of
June 30, 2008, and the change in its financial position for the year then ended, in conformity with accounting
principles generally accepted in the United States of America.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position
of the Local Transportation Fund of the County of Riverside, as administered by the Commission, as of June 30,
2008, and the change in financial position, thereof for the year then ended, in conformity with accounting principles
generally accepted in the United States of America.
In accordance with Government Auditing Standards, we have also issued our report dated October 30, 2008 on our
consideration of the Commission's internal control over financial reporting and our tests of its compliance with certain
provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is to
describe the scope of our testing of intemal control over financial reporting and compliance and the results of that
testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is
an integral part of an audit performed in accordance with Government Auditing Standards and should be considered
in assessing the results of our audit.
The Local Transportation Fund of the County of Riverside has not presented a Management's Discussion and
Analysis as required by Governmental Accounting Standards Board (GASB) Statement No. 34 that the GASB has
determined is necessary to supplement, although not required to be a part of, the financial statements.
McGladrey 6 Pulen, LLP is a memter fun of RSM Wemational,
an affiliafon of separate and independent legal entities.
1
115
Our audit was conducted for the purpose of forming an opinion on the financial statements of the Local
Transportation Fund of the Commission taken as a whole. The schedules listed in the table of contents as
supplementary information are presented for purposes of additional analysis and are not a required part of the
financial statements of the Local Transportation Fund. Such information has been subjected to the auditing
procedures applied in the audit of the financial statements and, in our opinion, is fairy stated, in all material respects,
in relation to the financial statements taken as a whole.
//� L" L4/d"
Riverside, California
October 30, 2008
2
•
•
116
"
"
L o c a l T r a n s p o r t a t i o n F u n d o f t h e C o u n t y o f R i v e r s i d e
a s A d m i n i s t e r e d b y t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
B a l a n c e S h e e t
J u n e 3 0 , 2 0 0 8
A s s e t s
C a s h a n d i n v e s t m e n t s w i t h C o u n t y T r e a s u r e r $ 6 4 , 0 1 1 , 9 1 4
A c c o u n t s r e c e i v a b l e 1 1 , 9 7 8 3 1 8
l n l e r e s t r e c e i v a b l e 5 5 6 , 8 0 7
T o t a l a s s e t s $ 7 6 , 5 4 7 , 4 1 3 9
L i a b i l i t i e s a n d F u n d B a l a n c e
L i a b i l i t i e s
A c c o u n t s p a y a b l e
D u e t o o t h e r C o m m i s s i o n f u n d s
T o t a l l i a b i l i t i e s
5 0 0 ; 0 0 0
1 ; 1 2 4 , 5 8 4
1 , 6 2 4 , 5 8 4
F u n d b a l a n c e
R e s e r v e d :
U n a p p o r t i o n e d c a r r y o v e r , n e t 9 , 3 0 9 , 1 6 6
R a i l a n d b u s t r a n s i t a n d l o c a l s t r e e t s a n d r o a d s a p p o r t i o n m e n t s 6 1 , 3 3 3 , 0 E 1 3
B i c y c l e a n d p e d e s t r i a n p r o j e c t s 2 , 5 7 6 , 6 5 8
U n r e s e r v e d a n d d e s i g n a t e d f o r b i c y c l e s a n d p e d e s t r i a n s 1 , 7 0 3 , 5 4 E 1
T o t a l f u n d b a l a n c e 7 4 , 9 2 2 , 4 5 5
T o t a l l i a b i l i t i e s a n d f u n d b a l a n c e $ 7 6 , 5 4 7 , 0 3 9
S e e N o t e s t o F i n a n c i a l S t a t e m e n t s .
3
1 1 7
Local Transportation Fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Statement of Revenues, Expendittaes.and Change in Fund Balance
Year Ended June 30, 2008
Revenues:
Sales taxes
Interest
Total revenues
Expenditures:
Disbursements to claimants
Excess of expenditures over revenues
Fund balance at beginning of year
Fund balance at end of year $ 74,922,455
69,313,391
3,453,662
72,466,953
81,311,610
WA4,657}
83,767,11.2
See Notes 10 Financial Statements.
4
118
Local Transportation fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Notes to Rnancial.Statements
Note 1. Nature of Operations and Significant Accounting Policies
The Riverside County Transportation Commission (Commission), in its capacity as the transportation planning
agency for the County of Riverside, Calfornia (County), is responsible for administering funds provided through the
Local Transportation Fund (Fund), which was created in accordance with the provisions of the Transportation
Development Act of 1971. The significant revenue to the Fund is derived from one-fourth of one percent of the seven
and one quarter percent statewide sales tax collected in the County by the State Board of Equalization:
The accounting policies of the Commission conform to accounting principles generally accepted in the United States
as applicable to governmental units.
A summary of the Commission's significant accounting policies is as follows:
Presentation: The acoompanying financial statements of the Fund are intended to present the financial position and
the changes in financial position of only that portion of the governmental activities of the Commission that is
attributable 10 the transactions of the Local Transportation Fund of the Commission. They do not purport to, and do
not, present fairly the finandal position of the Commission as of June 30, 2008 and the changes in its financial
position, where applicable, for the year then ended in conformity with accounting principles generally accepted in the
United States.
Basis of accounting: The modified accrual basis of accounting is followed in the Fund. Under the modified accrual
basis of accounting, expendltures are recorded when they are expected to be liquidated with expendable available
resources, and revenue is recorded when it becomes both measurable and available. 'Measurable' means the
amount of the transaction can be determined, and 'available" means collectible within the current period or soon
enough thereafter to be used to pay liabilities of the current period.
Funding: There is a three -step process for obtaining funds from the Fund: apportionment, allocation and payment.
Annually, the Commission determines each area's share of the anticipated Fund. This share is the area
apportionment. Once funds are apportioned to a given area, they are typically available only for allocation to
claimants in that area. Allocation is the discretionary action by the Commission which designates funds for a specific
claimant for a specific purpose. Payment is authorized by disbursement instructions issued by the Commission.
Expenditures: Expenditures represent disbursements to the Commission, Southern California Association of
Governments, cities, the County of Riverside and transit operators that have met the claimant eligibility requirements
to receive Fund monies per various Public Utilities Code Sections. All disbursements are to be used for transportation
purposes.
Accounts Receivable: Accounts receivable consists primarily of LTF sales tax revenues from the State Board of
Equalization on all taxable sales within the County of Riverside, California through June 30, 2008.
Accounts Payable: Accounts payable consists primarily of claims approved by the Commission, but not paid by the
Commission to the appropriate transit operators by June 30, 2008.
5
119
Local Transportation Fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Notes to Financial Statements
Note 2. Cash and Investments with County Treasurer
The funds in the County Treasury are pooled with those of other entities in the County and invested in accordance
vdth the County's Investment policy. These pooled funds are carried at fair value. Fair value is based on quoted
market prices and/or direct bids, when needed, from government dealers on some variable or floating rate items.
Moneys in the Fund are legally required to be deposited in the County Treasury pool. An Investment Oversight
Committee has been established by the County, which acts as a regulator of the pool
As of June 30, 2008, the Commission had $64,011,914 invested in the Riverside County Treasury, with an average
maturity of 445 days. This investment was rated Aaa/MR1 by Moody's Investors Service and AAAN1+ by filch
Ratings.
Note 3. Fund Balance
Reserves for the Fund represent the unclaimed apportionments related to claims for transit programs, the unexpired
allocations available for bicycle and pedestrian projects, prepaid transit allocations, eamed but not received revenues
for transportation programs, and unapportioned carryover. Expired allocations related to bicycle and pedestrian
projects are unreserved and designated.
6
120
Local Transportadon Find of the County of Riverside
as Administered by the Riverside County Transportation Commission
Notes to Financial Statements
Note3. Fund Balance, Continued
At June 30, 2008, amounts held in trust are allocated as folbws:
Rail and Bus Transit and Local Streets and Roads Apportionments:
Western County:
Commuter rail:
Allocated and unclaimed $ 13,200,976
Apportioned and unallocated 16,418,417
Bus transit:
City of Beaumont 329,665
Riverside Transit Agency (RTA) 78,040
Apportioned and unallocated 25,157,466
Total rail and bus transit-Westem County 55,184,564
Coachella Valley apportioned and unallocated
Allocated and unclaimed 2,662,379
Apportioned and unallocated 2,831,124
Total bus transit-Coachela Valley 5,493,503
Palo Verde Valley:
Allocated and unclaimed Transit 401,283
Apportioned and unallocated for transit and local streets and roads 253,733
Total bus transit and local streets and toads —Palo Verde Valley 655,016
Total for rail and bus transit and local streets and roads apportionments $ 61,333.083
Bicycle and pedestrian projects:
Reserved for allocated amounts
Unreserved and designated for unallocated amounts
Total for bicycle and pedestrian projects
$ 2,576,658
1,703,548
$ 4,280 206
Reserved for unapportioned carryover, net $ 9,309,166
Note 4. Commitments
The Riverside Transit Agency (RTA) and the SunUne Transit Agency (collectively, the Agencies), major transit
providers for the County, obtained available lease financing for bus acquisitions through the proceeds from
certificates of participation issued by the California Transit Finance Corporation (Corporation) for each agency. Local
transportation funds, to the extent of the Agencies' eligible share, along with other federal and state funds were
pledged as support for the Agencies' lease payments to the Corporation. For the year ended June 30, 2008, Local
Transportation Furl revenue was not expended for lease payments.
7
121
Supplementary Information
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• • •
Local Transportation fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Schedule of Unclaimed Apportionments (Articles 4 and 8)
Year Ended June 30, 2008
Total
Fiscal Year 2007/2008 prior Fiscal Year Unclaimed
Amounts Unclaimed Unclaimed Amount Amount Unclaimed Interest AppOftlonment
Apportionment Claimed Apportionment Apportionment Claimed Returned Apportionment Allocation Juna30,2008
Western County:
Rail $ 10,691,278 $ 9,572,419 $ 1,116,859 $ 28,205,883 $ 747,714 $ $ 27,458,169 $ 1,042,365 $ 2%619,393
Bus 37,905,413 43,628,538 (5,723,095) 32,745,396 3,075,255 • 29,670,14i 1,618,125 25,565;171
Coachella Valley 13,386,294 14,075,349 (689,055) 10,864,542 4,861,726 6,002,816 179,742 5,493,503
Palo Verde Valley:
Transit 979,280 794,299 184,981 190,825 190,825 25,477 404,283
Local streets and roads .
Unallocated - 237,624 237,624 16,109 253,733
Total transportation 62,962,295 68,070,605 (5,108,310) 72,244,270 8,684,695 63,559,575 2,881,818 61,333,083
AuditorlController 12,000 12,000
Commission administration 750,000 750,000 •
Commission planning 2,235,162 2,235,200 (38) (38)
SCAG planning 122,400 122,400 •
Total administration and planning 3,119,562 3,119,600 (38) - (38)
Total apportionments $ 66,061,657 $ 71,190205 $ (5,108,348) $ 72,244,270 $ 8,684,695 $ $ 63,559,575 $ 2,881,818 $ 61.333.045
•
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L o c a l T r a n s p o r t a t i o n F u n d o f t h e C o u n t y o f R i v e r s i d e
a s A d m i n i s t e r e d b y t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
S c h e d u l e o f U n c l a i m e d A p p o r t i o n m e n t s ( A r t i c l e 3 )
Y e a r E n d e d J u n e 3 0 , " 2 0 0 8
U n c l a i m e d
A p p o r t i o n m e n t
J u l y 1 , 2 0 0 7 A p p o r t i o n m e n t D i s b u r s e m e n t s
B i c y c l e a n d p e d e s t r i a n p r o j e c t s $ 4 , 0 1 7 , 4 5 8 $ 1 , 4 2 7 , 7 1 4
U n c l a i m e d
I n t e r e s t A p p o r t i o n m e n t
A l l o c a t i o n s J u n e 3 0 , 2 0 0 8
$ 1 , 4 3 6 , 7 0 9 $ 2 7 1 2 9 $ 4 , 2 8 0 , 2 0 6
1 0
1 2 5
McGladrey& Pullen
Cabled Public
Independent AudrRoes Report un Internal Control Over Financial
Reporting and on Compliance and Other IVlatters Based on an.
Audit of Financial Statements Performed in Accordance with
Government Auditing Standards
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have audited the financial statements of Local Transportation Fund of the County of Riverside, as administered
by the Riverside County Transportation Commission (the Commission), as of and for the year ended June 30, 2008,
and have issued our report thereon dated October 30, 2008. We conducted our audit in accordance with auditing
standards generally accepted in the United States of America and the standards applicable to financial audits
contained in Government Auditing Standards, issued by the Comptroller General of the United States.
Internal Control over Financial Reporting
in planning and performing our audit, we considered the Commission's internal control over financial reporting as a
basis for designing our aucfding procedures for the purpose of expressing our opinion on the financial statements, but
not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control over financial
reporting. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control over
financial reputing.
A control deficiency exists when the design or operation of a control does not allow management or employees, in
the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A
significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the entity's
ability to initiate, authorize, record, process or report financial data reliably, in accordance with generally accepted
accounting principles such that there is more than a remote likelihood that a misstatement of the entity's financial
statements that is more than inconsequential win not be prevented or detected by the entity's internal control.
A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a
remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the
entity's internal control.
Our consideration of internal control over financial reporting was for the limited purpose described in the first
paragraph of this section and would not necessarily identify all deficiencies in internal control that might be significant
deficiencies or material weaknesses. We did not identity any deficiencies in internal control over financial reporting
that we consider to be material weaknesses, as defined above.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Commission's financial statements are free of material
misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant
agreements, noncompliance with which could have a direct and material effect on the determination of financial
statement amounts. This included those provisions of laws and regulations identified in the Transportation
Development Act of 1971, as amended, and corresponding regulations of the California Govemment Code. However,
providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do
not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that
are required to be reported under Government Auditing Standards.
McGlamey 8 Pullen, LLP's a member ram of RSM Inlernalional,
an affiliation of separate and independent legal entities.
11
126
This report is intended solely for the information and use of management of the Commission, the Board of
Commissioners, and the State of Caiffornia's Department of Transportation and State Controier's Office and is not
intended to be, and should not be, used by anyone other than those specified parties.
//etL„ GAP
Riverside, California
October 30.2008
12
•
•
127
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S t a t e T r a n s i t A s s i s t a n c e f u n d o f t h e
C o u n t y o f R i v e r s i d e a s A d m i n i s t e r e d b y t h e
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
F i n a n c i a l a n d C o m p l i a n c e R e p o r t
Y e a r E n d e d J u n e 3 0 , 2 0 0 3
M c G l a d r e y & P u l l e n
C e r t r i e d P u b i c A c c o u n t a n t s
M c G l a d r e y 8 P u l l e n L L P i s a m e m b e r r i m o f R S M I n t e m a t i m a l ,
a n a R l i a t o n o f s e p a r a t e a n d ' n d e p e n d e n l l o D a l e d d i e s .
A T T A C H M E N T 3
1 2 8
"
"
C o n t e n t s
I n d e p e n d e n t A u d i t o r ' s R e p o r t o n t h e F i n a n c i a l S t a t e m e n t s
a n d S u p p l e m e n t a r y I n f o r m a t i o n 1 - 2
F i n a n c i a l S t a t e m e n t s
B a l a n c e S h e e t 3
S t a t e m e n t o f R e v e n u e s , E x p e n d i t u r e s a n d C h a n g e i n F u n d B a l a n c e 4
N o t e s t o F i n a n c i a l S t a t e m e n t s 5 - 7
S u p p l e m e n t a r y I n f o r m a t i o n
S c h e d u l e o f A l l o c a t i o n s a n d D i s b u r s e m e n t s A p p r o v e d D u r i n g t h e Y e a r a
I n d e p e n d e n t A u d i t o r ' s R e p o r t o n I n t e r n a l C o n t r o l o v e r F i n a n c i a l R e p o r t i n g
a n d o n C o m p l i a n c e a n d O t h e r M a t t e r s B a s e d o n a n A u d i t o f F i n a n c i a l
S t a t e m e n t s P e r f o r m e d i n A c c o r d a n c e w i t h G o v e r n m e n t A u d i t i n g S t a n d a r d s 9 - 1 0
1 2 9
McGladrey&Pullen
Certified PublicAOCountdtltS
Independent Auditor's Report on the Financial Statements
and Supplementary Information
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have audited the accompanying financial statements of the State Transit Assistance Fund of the County of
Riverside, as administered by the Riverside County Transportation Commission (the Commission), as of and for the
year ended June 30, 2008, as listed in the table of contents. These financial statements are the responsibility of the
Commission's management. Our responsibility is to express an opinion on these financial statements based on our
audit
We conducted our audit in accordance with auditing standards generally accepted in the United States of America
and the standards applicable to financial audits contained in Government Auditing Staridards, issued by the
Comptroller General of the United States. Those standard require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. An audit includes
examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit
also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our
opinion.
As discussed in Note 1, the financal statements present only the State Transit Assistance Fund and do not purport
to, and do not, present fairy the financial position of the Commission or the County of riverside, California, as of
June 30, 2008, and the change in its financial position for the year then ended, In conformity with accounting
principles generally accepted in the United States of America.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position
of the State Transit Assistance Fund of the County of Riverside, as administered by the Commission, as of June 30,
2008, and the change in financial posftlon thereof for the year then ended, in conformity with accounting principles
generally accepted in the United States of America.
In accordance with Government Auditing, Standards we have also issued our report dated October 30, 2008 on our
consideration of the Commission's internal control over financial reporting and our tests of its compliance with certain
provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is to
describe the scope of our testing of internal control over financial reporting and compliance and the results of that
testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is
an integral part of an audit performed in accordance with Government Auditing Standards and should be considered
in assessing the results of our audit.
The State Transit Assistance Fund of the County of Riverside has not presented a Management's Discussion and
Analysis as required by Governmental Accounting Standards Board (GASB) Statement No. 34 that the GASB has
determined is necessary to supplement, although not required to be a part of, the financial statements.
it•Gtadrey 8 Pu6en, LLP is a memeer firth or RSrd International,
an affiliation of separate end independent legal enfiUes.
t
130
Our audit was conducted for the purpose of forming an opinion on the financial statements of the State Transit
Assistance Fund of the Commission taken as a whole. The schedules, listed in the table of contents as
supplementary information are presented for purposes of additional analysis and are not a required part of the
financial statements of the State Transit Assistance Fund. Such information has been subjected to the auditing
procedures applied in the audit of the financial statements and, in our opinion, is fairly stated, in all material .respects,
in relation to the financial statements taken as whole.
LGf'
Riverside, California
October 30, 2008
2
131
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S t a t e T r a n s i t A s s i s t a n c e F u n d o f t h e C o u n t y o f R i v e r s i d e
a s A d m i n i s t e r e d b y t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
B a l a n c e - S h e e t
J u n e 3 0 , 2 0 0 8
A s s e t s
C a s h a n d i n v e s t m e n t s $ 2 8 , 0 6 2 , 8 6 3
S t a t e a l l o c a t i o n r e c e i v a b l e 3 6 9 8 , 9 0 4 :
I n t e r e s t r e c e i v a b l e 2 2 9 . 6 1 1
T o t a l a s s e t s $ 3 1 9 9 1 , 3 7 8 ^
L i a b i l i t i e s a n d F u n d B a l a n c e
l i a b i l i t i e s
A c c o u n t s p a y a b l e
D u e f r o m o t h e r C o m m i s s i o n f u n d s
T o t a l l i a b i l i t i e s
$ 1 5 5 , 2 5 0
3 5 2 , 8 2 6
5 0 8 , 0 7 6
F u n d B a l a n c e
R e s e r v e d f o r a l l o c a t e s a v a i l a b l e f o r p r o g r a m m i n g 2 0 , 0 0 0 , 8 6 0
R e s e r v e d f o r u n c l a i m e d a l l o c a t i o n s 1 1 , 4 8 2 , 4 4 2
T o t a l f u n d b a l a n c e 3 1 , 4 8 3 , 3 0 2
T o t a l l i a b i l i t i e s a n d f u n d b a l a n c e $ 3 1 , 9 9 1 , 3 7 8
S e e N o t e s t o F i n a n c i a l S t a t e m e n t s .
3
1 3 2
State Transit Assistance Fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Statement of Revenues, Expenditures and Change in Fund Balance
Year Ended June 30, 200E1
Revenues:
Sales taxes
Interest
Total revenues
Expenditures:
Disbursements to claimants
Excess of revenues over expenditures
Other financing sources (uses):
Transfer in from other Commission funds
Net change in fund balance
Fund balance at beginning of year
Fund balance at end of year 314133,302
9,923,426
1,186,339
11,109,764
1,200,766
9,908,998
36,093
9,945 091
See Notes to Financial Statements.
4
21,538,211
133
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S t a t e T r a n s i t A s s i s t a n c e F u n d o f t h e C o u n t y o f R i v e r s i d e
a s A d m i n i s t e r e d b y t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
-
N o t e s t o f a t a n c i a l S t a t e m e n t s
N o t e 1 . N a t u r e o f O p e r a t i o n s a n d S i g n i f i c a n t A c c o u n t i n g P o l i c i e s
T h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n ( C o m m i s s i o n ) , i n i t s c a p a c i t y a s t h e t r a n s p o r t a t i o n p l a n n i n g
a g e n c y f o r t h e C o u n t y o f R i v e r s i d e , C a l i f o m i a ( C o u n t y ) , i s r e s p o n s i b l e f o r a d m i n i s t e r i n g f u n d s p r o v i d e d t h r o u g h t h e
S t a t e T r a n s i t A s s i s t a n c e P r o g r a m , w h i c h w a s c r e a t e d i n 1 9 7 9 u n d e r C h a p t e r 1 6 1 ( S B 6 2 0 ) o f t h e C a l i f o r n i a s t a t u t e s
t o p r o v i d e a : s e c o n d s o u r c e o f T r a n s p o r t a t i o n D e v e l o p m e n t A c t f u n d i n g f o r t h e d e v e l o p m e n t o f t r a n s i t s y s t e m s . T h e
f u n d s a r e d e r i v e d f r o m f u e l s a l e s t a x r e v e n u e a n d a r e b u d g e t e d t h r o u g h l e g i s l a t i o n a n d a p p r o p r i a t e d t o t h e S t a t e
C o n h o l l e f s O f f i c e f o r a l l o c a t i o n t o l o c a l a g e n c i e s .
T h e a c c o u n t i n g p o l i c i e s o f t h e C o m m i s s i o n c o n f o r m t o a c c o u n t i n g p r i n c i p l e s g e n e r a l l y a c c e p t e d i n t h e U n i t e d S t a t e s
a s a p p l i c a b l e t o g o v e r n m e n t a l u n i t s .
A s u m m a r y o f t h e C o m m i s s i o n ' s s i g n i f i c a n t a c c o u n t i n g p o l i c i e s i s a s f o l l o w s :
P r e s e n t a t i o n : T h e a c c o m p a n y i n g f i n a n c i a l s t a t e m e n t s o f t h e S t a t e T r a n s i t A s s i s t a n c e F u n d ( F u n d ) a r e i n t e n d e d t o
p r e s e n t t h e f i n a n c i a l p o s i t i o n a n d t h e c h a n g e s i n f i n a n c i a l p o s i t i o n , o f o n l y t h a t p o r t i o n o f t h e g o v e r n m e n t a l a c t i v i t i e s
o f t h e C o m m i s s i o n t h a t i s a t t r i b u t a b l e 1 0 t h e t r a n s a c t i o n s o f t h e F u n d o f t h e C o m m i s s i o n . T h e y d o n o t p u r p o r t t o , a n d
d o n o t , p r e s e n t f a i r l y t h e f i n a n c i a l p o s i t i o n o f t h e C o m m i s s i o n a s o f J u n e 3 0 , 2 0 0 8 a n d t h e c h a n g e s i n i t s f i n a n c i a l
p o s i t i o n , w h e r e a p p l i c a b l e , f o r t h e y e a r t i t e r �% e n d e d , i n c o n f o r m i t y w i t h a c c o u n t i n g p r i n c i p l e s g e n e r a l l y a c c e p t e d i n t h e
U n i t e d S t a l e s .
B a s i s o f a c c o u n t i n g : T h e m o d i f i e d a c c r u a l b a s i s o f a c c o u n t i n g i s f o l l o w e d i n t h e F u n d . U n d e r t h e m o d i f i e d a c c r u a l
b a s i s o f a c c o u n t i n g , e x p e n d i t u r e s a r e r e c o r d e d w h e n t h e y a r e e x p e c t e d t o b e l i q u i d a t e d w i t h e x p e n d a b l e a v a i l a b l e
r e s o u r c e s , a n d r e v e n u e i s r e c o r d e d w h e n i t b e c o m e s b o t h m e a s u r a b l e a n d a v a i l a b l e . " M e a s u r a b l e " m e a n s t h e
a m o u n t o f t i e t r a n s a c t i o n c a n b e d e t e r m i n e d , a n d ' a v a i l a b l e " m e a n s c o l l e c t i b l e w i t h i n t h e c u r r e n t p e r i o d o r s o o n
e n o u g h t h e r e a f t e r t o b e u s e d t o p a y l i a b a i t i e s o f t h e c u r r e n t p e r i o d .
A l l o c a t i o n s t o l o c a l a g e n c i e s : S t a t e t r a n s i t a s s i s t a n c e f u n d s a r e a l l o c a t e d t o t h e o p e r a t o r s w i t h i n t h e C o u n t y .
P u b l i c U t i f i t e s C o d e ( P U C ) S e c t i o n 9 9 3 1 3 a l l o c a t e s f u n d s t o r e g i o n a l t r a n s p o r t a t i o n p l a n n i n g a g e n c i e s b a s e d o n t h e
r a t i o o f a r e a p o p u l a t i o n t o s t a t e p o p u l a t i o n . P U C S e c t i o n 9 9 3 1 4 a l l o c a t e s f u n d s t o p u b l i c o p e r a t o r s b a s e d o n t h e i r
s h a r e o f f a r e s a n d l o c a l s u p p o r t t o o t h e r o p e r a t o r s i n t h e s t a t e . T h e a l l o c a t i o n s m u s t b e m a d e i n a r e s o l u t i o n a d o p t e d
b y t h e C o m m i s s i o n .
C a s h : i t i s t h e C o m m i s s i o n ' s p o l i c y t o d e p o s i t a l l f u n d s r e c e i v e d w i t h t h e C o u n t y o f R i v e r s i d e T a x C o l l e c t o r - T r e a s u r e r
f o r i n v e s t m e n t u n f i t t h e f u n d s a r e r e q u i r e d f o r d i s b u r s e m e n t . I n t e r e s t i n c o m e i s e a r n e d w h i l e t h e s e f u n d s a r e s o
d e p o s i t e d .
F u n d b a l a n c e r e s e r v a t i o n s : T h e r e s e r v e f o r a l l o c a t i o n s a v a i l a b l e f o r p r o g r a m m i n g r e p r e s e n t s a m o u n t s a p p o r t i o n e d
b u t n o t a l l o c a t e d t o c l a i m a n t s . T h e r e s e r v e f o r u n c l a i m e d a l l o c a t i o n s r e p r e s e n t s a m o u n t s a l l o c a t e d b y t h e
C o m m i s s i o n a n d d u e t o c l a i m a n t s b u t n o t y e t p a i d .
D i s b u r s e m e n t s t o c l a i m a n t s : D i s b u r s e m e n t s t o c l a i m a n t s r e p r e s e n t f u n d s d i s b u r s e d t o t r a n s i t o p e r a t o r s t h a t h a v e
m e t t h e e l i g i b a i t y r e q u i r e m e n t s t o r e c e i v e S t a t e T r a n s i t A s s i s t a n c e P r o g r a m f u n d s p e r P U C S e c t i o n s 9 9 3 1 3 t o 9 9 3 1 4 .
A l l d i s b u r s e m e n t s a r e t o b e u s e d f o r t r a n s i t p u r p o s e s .
5
1 3 4
State Transit Assistance Fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Notes to Financial Statements
Note 2. Cash and Investments
Cash and Investments at June 30, 2008 consist of the following:
Cash and investments with County Treasurer $ 28062,462
Cash in bank 401
Total cash and investments ®� 28,062,863
The funds in the County Treasury are pooled with those of other entities In the County and invested in accordance
with the County's investment policy. These pooled funds are carried at fair value. Fair value is based on quoted
market prices and/or direct bids, when needed, from government dealers on some variable or floating rate items. The
Commission is a voluntary participant in the pool. An Investment Oversight Committee has been established by the
County, which acts as a regulator of the pool. Additional information regarding these investments, including risk and
maturity, may be obtained from the Commission's Comprehensive Annual Financial Report.
Note 3, Fund Balance
At June 30, 2008, amounts reserved for unpaid allocations and for apportioned and unallocated amounts are as
follows:
Reserved for allocations available for programming:
Western County:
Commuter rail $ 5,614,589
Bus 9,778623
Coachella Valley 4,547,274
Palo Verde Valley 60,374
20,000,860
Reserved for unclaimed allocations:
Westem County:
Commuter rail 1,205,501
City of Banning 915,000
City of Beaumont
City of Corona 90
City of Riverside 85,000
Riverside Transit Agency (RTA) 6,283,930
Coachella Valley:
Sunline Transit Agency (STA) 2,596,789
Palo Verde Valley:
Palo Verde Transit 396,132
11,482,442
Total fund balance $ 31,483,302
6
135
State TransitAssistance Fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Notes to Financial Statements
Note 4. Commitments
The Riverside Transit Agency and the SunLine Transit Agency (collectively, the Agencies), major transit providers for
the County, obtained available lease financing, for bus acquisitions through the proceeds from certificates of
participation issued by the California Transit Finance Corporation (Corporation) for each agency. Stale transit
assistance funds, to the extent of the Agencies' eligible share, along with other federal and state funds were pledged
as support for the Agencies' lease payments to the Corporation. For the year ended June 30, 2008, no Fund
revenues were expended for lease payments by the Agencies.
7
136
Supplementary Information
137
State Transit Assistance Fund of the County of Riverside
as Administered by the Riverside County Transportation Commission
Schedule of Allocations and Disbursements Approved During the Year
Year Ended June 30, 2008
California
Code of
Regulations
Amount Amount Section No:
Recipient Allocated Disbursed Reference
Wester County:
City of Banning $ 915,000 $ 6731
City of Beaumont 4,565 363,000 6731
City of Corona 50,000 49,910 6731
City of Riverside 85,000 6731
Riverside Transit Agency 6,515,782 231,852 6730
Commission Commuter Rail Program 352,826 6730
Total Westem County 7,570,347 997,588
SunLine Transit Agency 1,198,856 202,848 6730
Palo Verde Valley Transit Agency 396,132 6730
Other 330
$ 9,165,335 $ 1,200,766
8
138
McGladrey& Pullen
Certified PubIicAccountals
Independent Auditors Report on Internal Control over Financial
Reporting and on Compliance and Other Matters Based on an
Audit of Financial Statements Performed in Accordance with
Government Auditing Standards
Board of Commissioners
!Riverside County Transportation Commission
Riverside, California
We have audited the financial statements of State Transit Assistance Fund of the County of Riverside, as
administered by the Riverside County Transportation Commission (the Commission), as of and for the year ended
June 30, 2008, and have issued our report thereon dated October 30, 2008. We conducted our audit in accordance
with auditing standards generally aocepted in the United States of America and the standards applicable to financial
audits contained in Government Standards, issued by the Comptroller General of the United States.
Internal Control over Financial Reporting
in planning and performing our audit, we considered the Commission's intemal control over financial reporting as a
basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but
not for the purpose of expressing an opinion on the effectiveness of the Commission's internal control over financial
reporting. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control over
financial reporting.
A control deficiency exists when the design or operation of a control does not allow management or employees, in
the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A
significant deficiency is a control deficiency, or combination of control deficiencies, that adversely affects the entity's
ability to initiate, authorize, record, process, or report financial data reliably in accordance with generally accepted
accounting principles such that there is more than a remote likelihood that a misstatement of the entity's financial
statements that is more than inconsequential will not be prevented or detected by the entitys intemal control.
A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a
remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the
entity's internal control.
Our consideration of intemal control over financial reporting was far the limited purpose described in the first
paragraph of this section and would not necessarily identify all deficiencies in intemal control that might be significant
deficiencies or material weaknesses. We did not identify any deficiencies in intemal control over financial reporting
that we consider to be material weaknesses, as defined above.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Commission's financial statements are free of material
misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant
agreements, noncompliance with which could have a direct and material effect on the determination of financial
statement amounts. This included those provisions of laws and regulations identified in the Transportation
Development Act of 1971, as amended, and corresponding regulations of the California Govemment Code. However,
providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do
not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that
are required to be reported under Government Auditing Standards.
McGladrey 8 Purer, LLP Is a member On of RSM Irdemaronal,
an arniadan of separate and independent legal en8des.
9
139
This report Is intended solely for the intonation and use of management of the Commission, the Board of
Commissioners, and the State of California's department of Transportation and State Controller's Office and is not
intended to be and should not be used by anyone other than those specked parties.
f"..zeg`'_/ Lam'
Riverside, California
October 30, 2008
10
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"
A T T A C H M E N T 4
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
C o m p l i a n c e R e p o r t s
Y e a r E n d e d J u n e 3 0 , 2 0 0 8
M c G l a d r e y & P u l l e n
C e r t i f i e d P u b i c k c a n t a n t s
W a n d r e y & P u l l e n U P i s a m e m b e r f i m n o f R S M h d e m a t i o n a l ,
a n a l Y l a l i o n o f s e p a r a t e a n d i n d e p e n d e n t l e g a l e n t i t i e s .
1 4 1
"
"
"
C o n t e n t s
S c h e d u l e o f E x p e n d i t u r e s o f F e d e r a l A w a r d s 1
N o t e t o s c h e d u l e o f e x p e n d i t u r e s o f f e d e r a l a w a r d s 2
I n d e p e n d e n t A u d i t o r ' s R e p o r t o n :
I n t e r n a l c o n t r o l o v e r f i n a n c i a l r e p o r t i n g a n d o n c o m p l i a n c e a n d o t h e r m a t t e r s b a s e d o n a n a u d i t
o f f i n a n c i a l s t a t e m e n t s p e r f o r m e d i n a c c o r d a n c e w i t h G o v e r n m e n t A u d i t i n g S t a n d a r d s 3 . 4
C o m p l i a n c e w i t h r e q u i r e m e n t s a p p l i c a b l e t o i t s m a j o r p r o g r a m a n d o n i n t e m a l c o n t r o l o v e r
c o m p l i a n c e i n a c c o r d a n c e w i t h O M B C i r c u l a r A - 1 3 3 a n d o n t h e s c h e d u l e o f e x p e n d i t u r e s o f
f e d e r a l a w a r d s 5 - 6
S c h e d u l e o f F i n d i n g s a n d Q u e s t i o n e d C o s t s 7 - 9
S u m m a r y S c h e d u l e o f P r i o r Y e a r A u d i t F i n d i n g s 9
1 4 2
"
"
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o n e n i s s i o n
S c h e d u l e o f E x p e n d i t u r e s o f F e d e r a l A w a r d s
Y e a r E n d e d J u n e 3 0 2 0 0 8
C a t a l o g o f
F e d e r a l
D o m e s t i c P a s s - t h r o u g h E n t i t y
A s s i s t a n c e I d e n t i f y i n g N u m b e r / F e d e r a l
G r a n t o r / P a s s - t h r o u g h G r a n t a r i C l u s t e r P r o g r a m T a l e N u m b e r G r a n t N u m b e r E x p e n d i t u r e s
U . S . D e p a r t m e n t o f T r a n s p o r t a t i o n :
H i g h w a y p l a n n i n g a n d C o n s t r u c t i o n P r o g r a m
P a s s - t h r o u g h S t a t e D e p a r t m e n t o f T r a n s p o d a t i o n :
E a s t J u n c 6 o n I 2 1 5 6 S R - 6 0 2 0 . 2 0 5 0 7 - 3 1 - 0 8 2 - 0 0 $ 9 8 1 3 , 0 3 5
S t a t e R e g i o n a l R i d e s h a r e 2 0 . 2 0 5 0 8 - 4 1 - 0 4 2 - 0 0 1 7 2 , 5 6 0
R i v e r s i d e b O r a n g e C o u n t i e s M a j o r I m r e s t m e n t S t u d y 2 0 2 0 5 0 7 - 6 5 - 0 8 5 - 0 1 0 / 0 7 - 6 5 - 0 8 4 - 0 0 1 0 7 - 6 5 - 0 8 3 - 0 0 2 , 8 5 0 , 8 1 5
P a s s - t h r o u g h S a n B e r n a r d i n o A s s o d a t e d -
G o v e r n m e n t s :
R i d e s h a r e P n , y r a r t s 2 0 . 2 0 5 0 8 - 4 1 - 0 1 0 - 0 0 8 8 4 , 2 8 7
R e g i o n a l R ' i d e m a t c h i n g 2 0 . 2 0 5 0 8 - 4 1 - 0 1 0 - 0 0 3 8 , 1 5 5
P a s s - t h r o u g h O r a n g e C o u n t y T r a n s p o r t a t i o n
R e g i o n a l R i d e m a t c h i n g 2 0 . 2 0 5 0 7 - 4 1 - 1 1 5 - 0 0 / C - 6 - 0 6 7 8 / C - 4 - 0 3 2 9 7 3 , 9 9 8
P a s s - t h r o u g h V e n t u r a C o u n t y T r a n s p o r t a t i o n
C o m m i s s i o n :
R e g i o n a l R i d e m a t c h n g 2 0 . 2 0 5 M 2 4 - 0 0 1 1 M O U R S 0 5 0 6 2 5 , 1 4 5
T o t a l P a s s - t h r o u g h G r a n t s 5 , 0 3 2 , 9 9 5
D i r e c t P r o g r a m , S R - 7 4 W i d e n i n g 2 0 . 2 0 5 0 8 3 1 - 0 5 2 - 0 0 1 0 5 , 4 1 4
T o t a l H i g h w a y P l a n n i n g a n d
C o n s t r u c t i o n P r o g r a m 5 , 1 3 8 , 4 0 9
F e d e r a l T r a n s i t C l u s t e r .
F e d e r a l T r a n s i t , C a p i t a l I n v e s t m e n t G r a n t s :
P a s s - t h r o u g h R i v e r s i d e T r a n s i t A g e n c y :
P e r r i s M u l t i m o d a l F a c i l i t y
D i r e c t P r o g r a m , P e r m V a l l e y L i n e
T o t a l F e d e r a l T r a n s i t , C a p i t a l I n v e s t m e n t G r a n t s
F e d e r a l T r a n s i t , F o r m u l a G r a n t :
U r b a n i z e d A r e a F o r m u l a :
D i r e c t P r o g r a m , N o r t h M a i n C o r o n a R a i l S t a t i o n
P a r k i n g S t r u c t u r e
T o t a l F e d e r a l T r a n s i t C l u s t e r
2 0 . 5 0 0 *
2 0 5 0 0 *
2 0 . 5 0 7 `
M 2 3 - 0 0 1
C A - 9 0 - Y 1 5 2 - 0 0
3 7 6 , 2 3 5
1 , 9 2 0 , 8 8 1
2 , 2 9 7 . 1 1 6
C A - 9 5 - X 0 3 1 - 0 0 1 , 8 7 3 , 6 1 0
4 , 1 7 0 , 7 2 6
P u b l i c T r a n s p o r t a t i o n R e s e a r c h :
P a s s - t h r o u g h S t a t e D e p a r b n e n t o f T r a n s p o r t a t i o n :
R i s i n g S t a r s i n T r a n s i t 2 0 . 5 1 4 M O U 0 6 - 0 4 2 - M 1 / 0 6 - 2 5 - 0 2 9 1 2 , 1 1 7
T o t a l e x p e n d i t u r e s o f f e d e r a l a w a r d s $ 9 , 3 2 1 , 2 5 2
D e n o t e s m a j o r p r o g r a m c l u s t e r
S e e N o t e t o S c h e d u l e o f E x p e n d i t u r e s o f F e d e r a l A w a r d s .
1
1 4 3
Riverside County Transportation Commission
Note to Schedule of Expenditures of Federal Awards
Note 1. Basis of Presentation
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federal
award programs of the Riverside County Transportation Commission (Commission). The Schedule includes federal
awards received directly from federal agencies, as well as federal awards passed through other agencies. The
Commission's reporting entity is defined in Note 1 to the Commission's basic financial statements.. Because the
Schedule presents only a selected portion of the operations of the Commission, it is not intended to, and does not,
present the financial position of the Commission.
The accompanying Schedule is presented on the modified -accrual basis of accounting. The information in this
Schedule is presented in accordance with the requirements of OMB Circular A-133, Audits of States, Local
Governments, and Non -fret Organizations. Therefore, some amounts presented in this Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements.
2
144
McGladrey& Pullen
CertiredFubfic
lndependerft Auditor's Report on internal Control over Financial
Reporting and on Compliance and Other Matters Based on an
Audit of Finandal Statements Performed in Accordance with
Government Auditing Standards
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have audited the financial statements of the governmental activities, each major fund and the aggregate
remaining fund information of the riverside County Transportation Commission (Commission) as of and for the year
ended June 30, 2008, which collectively comprise the Commission's basic financial statements, and have issued our
report thereon, dated October 30, 2008. We conducted our audit in accordance with auditing standards generally
accepted in the United States of America and the standards applicable to financial audits contained in Government
Arntiting Standards, issued by the Comptroller General of the United States.
Internal Control over Fnancial Reporting
In planning and perfuming our audit, we considered the Commission's internal control over financial reporting as a
basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements, but
not for the propose of expressing an opinion on the effectiveness of the Commission's internal =trot over financial
reporting. Accordingly, we do not express an opinion on the effectiveness of the Commission's internal control over
financial reporting.
A control deficiency exists when the design or operation of a control does not allow management or employees, in
the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A
significant deficiency is a control defidency, or combination of control deficiencies, that adversely affects the entity's
abifdy to initiate, authorize, record, process or report financial data reliably in accordance with generaly accepted
accounting principles such that there is more than a remote likelihood that a misstatement of the entity's financial
statements that is more than inconsequential will not be prevented or detected by the entity's intemal control.
A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a
remote likelihood that a material misstatement of the financial statements will not be prevented or detected by the
entity's internal control.
Our consideration of internal control over financial reporting was for the limited purpose described in the first
paragraph of this section and would not necessarily identify all deficiencies in internal control that might be significant
deficiencies or material weaknesses. We did not identify any deficiencies in internal control over financial reporting
that we consider to be material weaknesses, as defined above.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the Commission's financial statements are free of material
misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts and grant
agreements, noncompliance with which could have a direct and material effect on the determination of financial
statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our
audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of
noncompkance or other matters that are required to be reported under Government Auditing Standards.
McGladey & Wren, LIP is a member rom of RSV International,
en affgation of separate and independent legal entities.
3
145
This report is intended solely for the information and use of the board of commissioners, management, federal
awarding agencies, and pass -through entities and is: not intended to be, and should not be, used by anyone other
than those spectfied parties:
Riverside, California
October 30, 2008
4
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146
McGladrey& Pullen
Certified Public Accountants
Independent Auditor's Report on Compliance with Requirements
Applicable to Its Major Program and on Internal Control over
Compliance in Accordance with OMB Circular A-133 and on the
Schedule of Expenditures of Federal Awards
Board of Commissioners
Riverside County Transportation Commission
Riverside. California
Compliance
We have audited the compliance of the Riverside County Transportation Commission (Commission) with the types of
compliance requirements described in the U.S. Mice of Management and Budget (OMB) Circular A-133,
Camrpdance Supplement that are applicable to its major federal program for the year ended June 30, 2008. The
Commission's major federal program is identified: in the summary of the auditor's results section of the accompanying
Schedule of Findings and Questioned Costs, Compliance with the requirements of laws, regulations, contracts and
grants applicable to its major federal program is the responsibility of the Commission's management. Our
responsibility is to express an opinion on the Commission's compliance tamed on our audit_
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States
of America; the standards applicable to financial audits oontained in Government Auditing Standards issued by the
Comptroller General of the United States; and OMB CircularA-133, Audits of States Local Governments and Non -
Pm& Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain
reasonable assurance about whether noncompliance with the types of compliance requirements referred to above
that could have a direct and material effect on the major federal program occurred. An audit includes examining, on a
test basis, evidence about the Commission's compliance with those requirements and performing such other
procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis
for our opinion. Our audit does not provide a legal determination on the Commission's compliance with those
requirements.
In our opinion, the Commission complied, in an material respects, with the requirements referred to above that are
applicable to its major federal program for the year ended June 30, 2008.
Internal Control over Compliance
The management of the Commission is responsible for establishing and maintaining effective internal control over
compliance with requirements of laws, regulations, contracts and grants applicable to federal programs. In planning
and performing our audit, we considered the Commission's intemal control over compliance with requirements that
could have a direct and material effect on a major federal program in order to determine our auditing procedures for
the purpose of expressing our opinion on compliance, but not for the purpose of expressing an opinion on the
effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of
the Commission's intemal control over compliance.
McGladmy & Pullen, LLP is a muter firm of RSM International,
an Algal of separate and independent legal entities.
5
147
A control defic eruyin an entity's internal control over compliance exists when the design or operation of a control
does not allow management or employees, in normal course of performing their assigned functions, to prevent or
detect noncompliance with a type of compliance requirement of a federal program on a timely basis. A slant
deficiencyis a control deficiency, or combination of control deficiencies, that adversely affects the entity's ability to
administer a federal program such that there is more than a remote likelthood that noncompliance with a type of
compliance requirement of a federal program that is more than inconsequential will not be prevented or defected by
the entity's internal control.
A material weakness is a significant deficiency, or combination of significant deficiencies, that results in more than a
remote likelihood that material noncompliance with a type of compliance requirement of a federal program will not be
prevented or detected by any entity's internal control.
Our consideration of kmtemal control over compliance was for the limited purpose described in first paragraph of
this section and would not necessarily identify all deficiencies in internal control that might besignifccant deficiencies
or material weaknesses. We did not identify any deficiencies in intemal control over compliance that we consider to
be material weaknesses, as defined above.
Schedule of Expenditures of Federal Awards
We have audited the financial statements of the governmental activities, each ;major fund and the aggregate
remaining fund irdormation of the Commission as of and for the year ended June 30, 2008, which collectively
comprise the Commission's basic financial statements, and have issued our report thereon, dated October 30, 2008.
Our audit was performed for the purpose of forming an opinion on the basic financial statements taken as a whole.
The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as
required by OMB Circular A-133 and is not a required part of the basic financial statements. Such information has
been subjected to the auditing procedures applied in the audit of the basic financial statements and, in ouropinion, is
fairy stated, in all material respects, in relation to the basic financial statements taken as a whole.
This report a intended solely for the information and use of the board of commissioners, management, federal
awarding agencies and pass -through entities and is not intended to be, and should not be, used by anyone other
than those specified parties.
Riverside, California
October 30, 2008
6
•
•
148
Riverside County Transportation Commission
Schedule of Findings and Questioned Costs
Year Ended June30, 2008
L Summary of Independent Audlter"s Results
Financial Statements
Type of auditor's report issued: Unqualified
Internal control over financial reporting:
• Material weaknesses) identified?
• Significant deficiency(ies) identified that are not
considered to be material weaknesses?
Noncompliance material to financial statements noted?
Federal Awards
Internal control over major program:
• Material weakness(es) identified?
• Significant deficiency(ies) identified that are not
considered to be material weaknesses?
No
X None Reported
Yes X No
Yes X No
Yes X None Reported
Type of auditor's report issued on compliance for major programs: Unqualified
• Any audit findings disclosed that are required to be reported
in accordance with Section 510(a) of OMB Circular A-133? Yes X No
Identification of major programs:
CFDA Number Name of Federal Program or Cluster
20.500120,507 Federal Transit Cluster
DoNar threshold used to distinguish between type A and type B programs: $ 300,000
Auditee qualified as low -risk auditee? X Yes No
7
149
Riverside County Transportation Commission
Schedule of Findings and Questioned Costs, Continued
Year Ended June 30, 2008
II. Financial Statement Findings
A. Significant. Deficiencies
None reported.
B. Compliance Findings
None reported.
III. Findings and Questioned Costs for Federal Awards
A. Significant Deficiencies
None reported.
B. Compliance Findings
None reported.
8
150
Riverside County Transportation Commission
Summary Schedule of Prior Year Audit Findings
Year Ended June 30, 2008
There were no audit findings reported for the year ended June 30, 2007.
9
151
ATTACIIMENT 5
McGladrey&Pullen
Certified PubkAccountants
Independent Auditor's Report
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have audited, in accordance with auditing standards generally accepted in the United Slates of America, and the
standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller
General of the United States, the financial statements of the govemmental activities, each major fund and the
aggregate remaining fund information of the Riverside County Transportation Commission (the Commission) as of
and for the year ended June 30, 2008, which collectively comprise the Commission's basic financial statements, and
have issued our report thereon, dated October 30, 2008.
in connection with our audit, nothing came to our attention that caused us to believe that the Commission failed to
comply with the terms, covenants, provisions or conditions of Section 6.2(g) or Section 6.2(1) contained in the
Reimbursement Agreement dated March 1, 2005, with Bank of America, N.A., a national banking association
organized under the laws of the United States of America, relating to the Commercial Paper Notes (Limited Tax
Bonds) Series A and Series B, insofar as they relate to accounting matters. However, our audit was not directed
primarily toward obtaining knowledge of such noncompliance.
This report is intended solely for the information and use of the board of commissioners and management of the
Commission and Bank of America, NA., and is not intended to be, and should not be, used by anyone other than
these specified parties.
/alGpef Ly f ��leAt,c„ GGP
Riverside, California
October 30, 2008
McGladrey & Pullen. LLP is a member firm or RSM International,
an affiliates) d separate and independent legel entities.
1
152
ATTACHMENT 6
Riverside County Transportation Commission
Report to the Audit Ad Hoc Committee
November 17, 2008
McGladrey& Pullen
Certified Public Accountants
McGladrey 8 Pelee, LLP is a member firm of RSM International,
an affiliation of separate and independent legal elates.
153
"
"
M c G l a d r e y & P u l l e n
C e r t i f i e d : P u d i c h c c a a t h m t s
N o v e m b e r 1 7 , 2 0 0 8
T o t h e A u d i t A d H o c C o m m i t t e e o f t h e
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
W e a r e p l e a s e d t o p r e s e n t t h i s r e p o r t r e l a t e d t o o u r a u d i t o f t h e b a s i c f i n a n c i a l s t a t e m e n t s o f t h e i t i v e r S i d e C o u n t y
T r a n s p o r t a t i o n C o m m i s s i o n ( t h e C o m m i s s i o n ) f o r t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 . T h i s r e p o r t s u m m a r i z e s c e r t a i n
m a i l e r s r e q u i r e d b y p r o f e s s i o n a l s t a n d a r d s t o b e c o m m u n i c a t e d t o y o u i n y o u r o v e r s i g h t r e s p o n s i b i l i t y f o r t h e
C o m m i s s i o n ' s f i n a n c i a l r e p o r t i n g p r o c e s s . A l s o i n c l u d e d i s a s u m m a r y o f r e c e n t l y i s s u e d a c c o u n t i n g s t a n d a r d s t h a t
m a y a f f e c t f u t u r e f i n a n c i a l r e p o r t i n g b y t h e C o m m i s s i o n .
T h i s r e p o r t i s i n t e n d e d s o l e l y f o r t h e i n f o r m a t i o n a n d u s e o f t h e A u d i t A d H o c C o m m i t t e e , t h e B o a r d o f
C o m m i s s i o n e r s a n d m a n a g e m e n t , a n d i s n o t i n t e n d e d t o b e , a n d s h o u l d n o t b e , u s e d b y a n y o n e o t h e r t h a n
s p e c i f i e d p a r t i e s . I t w i l l b e o u r p l e a s u r e t o r e s p o n d t o a n y q u e s t i o n s y o u h a v e r e g a r d i n g t h i s r e p o r t . W e a p p r e c i a t e
t h e o p p o r t u n i t y t o c o n t i n u e t o b e o f s e r v i c e t o t h e C o m m i s s i o n .
4 6 1 r t 4 7 / , 0 1 1 , 6 0 2 , , L ��
M c G a d r e y & R i o n . t i P i s a m e m b e r r u m o f R S M I n t e r n a t i o n a l .
a n a f f i a l i o n o f s e p a r a t e a n d i n d e p e n d e n t l e g a l e n t l t l a s .
1 5 4
Contents
Required Communications
Summary of Accounting Estimates
Recently Issued Accounting Standards
1-3
4-5
B
Exhibit —Certain Writlen Communications Between Management and Our Firm
Representation Letter from Management
155
Required Communications
Statement on Auditing Standards No.114 requites the auditor to communicate certain matters to keep those charged
with governance adequately informed about matters related to the financial statement audit that are, in our
professional judgment; significant and relevant to the responsibilities of those charged with governance in overseeing
the financial reporting process. The following summarizes these communications.
Area Comments
Auditor's Responsibility Under Professional
Standards
Our responsibility under auditing standards generally
axapted in the United States of America; the Government
Auditing Standards Issued by the Comptroller General of the
United States, the provisions of the Single Audit Act, OMB
Circular A-133 and OMB's Compliance Supplement has
been described to you in our arrangement letter dated
June 2, 2008, our letter to you dated October 6, 2008 and in
our meeting with you on October 27, 2008.
Accounting Practices Adoption of, or Change in, Accounting Policies
Management has the ultimate responsibility for the
appropriateness of the accounting policies used by the
Commission. In the current year, the Commission adopted
the following Govemmental Accounting Standards Board
{GASB) Statements:
• GASB Statement No. 45, Accounting and Financial
Reporting by Employers for Postemployment Benefits
Other Than Pensions. This Statement, issued in June
2004, establishes standards for the measurement,
recognition and display of other postemployment
benefit expenses and related fiabilifies or assets, note
disdosures and, if applicable, required
supplementary information in the financial reports.
The requirements of this Statement were effective for
the Commission beginning with its fiscal year ended
June 30, 2008.
• GASB Statement No. 48, Sales and Pledges of
Receivables and Future Revenues and Inca -Entity
Transfers of Assets and Future Revenues This
Statement, issued in September 2006, establishes
accounting and financial reporting standards for
transactions in which a government receives, or is
entitled to, resources in exchange for future cash
flows generated by collecting specific receivables or
specific future revenues. 11 also provides disclosure
requirements for a govemment that pledges or
commits future cash flows from a specific revenue
source. In addition, this Statement establishes
accounting and financial reporting standards for lithe -
entity transfers of assets and future revenues. The
1
156
Area Comments
Accounting Practices, Continued
Management's Judgments and Accounting
Estimates
requirements of this Statement, effective for the
Commission beginning with its fiscal year ended
June 30, 2008, did not materially impact the
Commission.
• GASB Statement No. 50, Pension Disclosures -An
Amendment of GASB Statements No. 25 and 2Z
This Statement, issued in May 2007, more closely
aligns the financial reporting requirements for
pensions with those for other posfemployment
benefits and in doing so, enhances information
disclosed in notes to the financial statements or
presented as required supplementary information by
pension plans and by employers that provide pension
benefits. The requirements of this Statement were
effective for the Commission beginning with its fiscal
year ended June 30, 2008.
• GASBStatement No. 51,Accounting and Financial
Reporting for intangible Assets. This Statement,
issued in July 2007, characterizes an intangible asset
as an asset that lacks physical substance, is non-
financial in nature, and has an initial useful life
extending beyond a single reporting period. This
Statement requires that intangible assets be
classified as capital assets (except for those explicitly
excluded from the scope of this Standard). The
requirements of this Statement are effective for
financial statements for periods beginning after
June 15, 2009. However, the Commission elected to
early implement this Statement for its fiscal year
ended June 30, 2008.
Significant or Unusual Transactions
We did not identify any significant or unusual transactions or
significant accounting policies in controversial or emerging
areas for which there is a lack of authoritative guidance or
consensus.
Alternative Treatments Discussed with Management
We did not discuss with management any alternative
treatments within generally accepted accounting principles
for accounting policies and practices related to material
items during the current audit period.
Summary information about the process used by
management in formulating particularly sensitive accounting
estimates and about our conclusions regarding the
reasonableness of those estimates is in the attached
Summary of Accounting Estimates.
2
•
157
Area
Financial Statement Disclosures
Audit Adjustments
Uncorrected Misstatements
Disagreements with Management
Consultations with Other Accountants
Significant Issues Discussed with
Management
Difficulties Encountered in Performing the
Audit
Letter Communicating Significant Deficiencies
and Material Weaknesses
Certain Written Communications Between
Management and Our Firm
Comments
1n our meeting with you on October 27, 2008, we discussed
with you the following items as they relate to the neutrality,
consistency and clarity of the disclosures in the financial
statements:
• Subsequent events pertaining to the volatility in the
financial markets
• Pensions and other postemployment benefits
There were no audit adjustments made to the original trial
balance presented to us to begin our audit
There were no uncorrected misstatements.
We encountered no disagreements with management over
the appfieation of significant accounting principles, the basis
for management's judgments on any significant matters, the
scope of the audit, or significant disclosures to be included in
the financial statements.
We are not aware of any consultations management had
with other accountants about accounting or auditing matters.
No significant issues arising from the audit were discussed
or were the subject of com asponden ce with management.
We did not encounter any difficulties in dealing with
management daring the audit
We are not aware of any significantdeficiencies or material
weaknesses.
Copies of certain written communications between our firm
and the management of the Commission are attached as
Exhibit A.
3
158
Riverside County Transportation Commission
Summary of Accounting Estimates
Year Ended June 30, 2008
Accounting estimates are an integral part of the preparation of financial statements and are based upon
management's current judgment. The process used by management encompasses its knowledge and experience
about past and current events and certain assumptions about future events. You may wish to monitor throughout the
year the process used to compute and record these accounting estimates. The following describes the significant
accounting estimates reflected in the Commission's June 30, 2008 financial statements:
Area
Useful Lives of Long-
lived Assets
Land and Property
Acquisitions
Accounting Policy
The estimated useful
lives of assets generally
have the following
ranges: rail stations 10 to
30 years; office furniture
and equipment three to
five years; vehicles five
years. These assets are
depreciated using the
straight-line method.
Land and rail operating
easements are not
depreciated and
construction in process is
rot depreciated until
ready for service and
capitalized.
Land and property are
acquired to facilitate the
completion of various
transportation projects
undertaken by the
Commission. The
process of acquiring land
and property is initiated
with an environmental
process notifying the
property owner that the
property is affected. Once
the Commission acquires
the property, title is held
by the Commission until it
is transferred to
CALTRANS. These
acquisitions are treated
as expenditures by the
Commission.
Estimation Process
Management reviews for
any change in the useful
service life of capital
assets to estimate
impairment of the value of
the capital assets.
An appraisal of the
property is performed for
the Commission by
independent qualified
appraisers. This appraisal
is then reviewed by
another independent
qualified appraiser.
4
Comments
We tested the
reasonableness of
information underlying
management's estimate.
Based on our procedures; we
concluded that assigned
useful lives of capital assets
are reasonable.
We tested the
reasonableness of the
information underlying the
appraisal process. Based on
our procedures, we
concluded that land and
property valuations as
recorded by the Commission
are reasonable.
159
"
A r e a
P e n s i o n O b l i g a t i o n s
a n d P o s t e m p l o y m e n t
B e n e f i t s O t h e r t h a n
P e n s i o n s
"
"
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s . S l O R
S u m m a r y o f A c c o u n t i n g E s t i m a t e s . C o n t i n u e d .
Y e a r E n d e d J u n e 3 0 . 2 0 0 8
A c c o u n t i n g P o l i c y
R e c o r d p e n s i o n a n d
p o s t e n g p l o y r n e n t b e n e f i t
c o s t s b a s e d o n a n
e s t i m a t e d a n t r a l
c o n t r i b u t i o n r a t e .
E s t i m a t i o n P r o c e s s
F o r p o s l e m p l o y m e n t
b e n e f i t s o t h e r t h a n
p e n s i o n s , m a n a g e m e n t
u t i l i z e s a n a c t u a r i a l
c o n s u l t i n g f i r m t o p e r f o r m
a n e v a l u a t i o n u s i n g t h e
e n t r y a g e a c t u a r i a l c o s t
m e t h o d .
F o r p e n s i o n � W a t l o n s ,
m a n a g e m e n t u t i l i z e s
C a I P E R S a c t u a r i e s f o r
c o s t s h a r i n g m u l t i p l e -
e m p l o y e r p l a n s . A c o s t
s h a r i n g m u l t i p l e - e m p l o y e r
p l a n i s a p o o l i n g
a r r a n g e m e n t w h e r e b y
r i s k s , r e w a r d s a n d b e n e f i t
c o s t s a r e s h a r e d a n d n o t
a t t r i b u t e d i n d i v i d u a l l y t o
a n y s i n g l e e m p l o y e r .
5
C o m m e n t s
W e t e s t e d t h e
r e a s o n a b l e n e s s o f t h e
i n f o r m a t i o n u n d e r l y i r u j t h e
a c t u a r i a l e v a l u a t i o n s . B a s e d
o n o u r p r o c e d u r e s , w e
c o n c l u d e d t h a t t h e c o s t s
r e c o r d e d a r e r e a s o n a b l e ,
1 6 0 .
Recently Issued Accounting Standards
The GASB has issued several statements not yet implemented by the Commission. The Commission's management
has not yet determined the effect these Statements will have on the Commission's financial statements. However, the
Commission plans to implement all standards by the required dates. The Statements which might impact the
Commission areas follows:
GASB Statement No 49, Accounting and This Statement, issued November 2006, will be effective for the
Financial Reporting for Pollution Commission beginning with its fiscal year ending June 30, 2009.
Remediation Obligations This Statement addresses accounting and financial reporting
standards for pollution (including contamination) remediation
obligations, which are otifigations to address the current or
potential detrimental effects of existing pollution by participating.
in pollution remediation activities, such as site assessments and
cleanups. This standard requires the government to estimate the
components of expected pollution remediation outlays and
detemdne whether the outlays for those components should be
accrued as a fiabbiity or, if appropriate, capitalized when goods
and services are acquired.
GASB Statement No. 53, Accounting and This Statement, issued June 2008, will be effective for the
Financial Reporting for Derivative Commission beginning with its fiscal year ending June 30, 2010.
Instruments This Statement addresses the recognition, measurement and
disclosure of information regarding derivative instruments
entered into by state and local governments. The objectives,
terms and risks of hedging derivative instruments are required
disclosures. Disclosures also include a summary of derivative
Instrument activity that provides an indication of the location of
fair value amounts reported on the financial statements.
6
161
"
"
"
E x h i b i t A C e r t a i n W r i t t e n C o m m u n i c a t i o n s B e t w e e n M a n a g e m e n t a n d O u r F i r m
1 6 2
"
"
R i v e r s i d e C a m a y R e g i o n a l C o m p l e x
4 0 8 0 L e m o n & r e m 3 r d F l o o r " R i v e r s i d e , G l t f i w a i a
M a i l i n g M i n o r N o O f f i c e B o x 1 2 0 0 8 " R i v e r s i d e , C a l i f o r n i a 9 2 5 0 2 - 2 2 0 8
P h o n e ( 9 5 1 ) 7 8 7 - 7 1 4 1 " F a x ( 9 5 1 ) 7 8 7 - 7 9 2 0 " w w w . t r t m g
O c t o t e r 3 0 , 2 0 0 8
M c G l a d r e y & P u l l e n , L L P
3 8 8 0 L e m a n S t r e e t , S u i t e 4 0 0
R i v e r s i d e , C a l i f o r n i a 9 2 5 0 1
I n c o n n e c t i o n w i t h y o u r a u d i t o f t h e b a s i c f i n a n c i a l s t a t e m e n t s o f t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n
C o m m i s s i o n { C o m m i s s i o n ) , C a l i f o r n i a , a s o f a n d f o r t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 , a n d t h e f i n a n c i a l
s t a t e m e n t s o f t h e S t a t e T r a n s i t A s s i s t a n c e F u n d ( S T A F ) a n d L o c a l T r a n s p o r t a t i o n F u n d ( L T F ) o f t h e C o u n t y
o f R i v e r s i d e , a s a d m i n i s t e r e d b y t h e C o m m i s s i o n , a s o f a n d f o r t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 , w e c o n f i r m
t h a t w e a r e r e s p o n s i b l e f o r t h e f a i r p r e s e n t a t i o n i n t h e f i n a n c i a l s t a t e m e n t s o f f i n a n c i a l p o s i t i o n a n d c h a n g e s
i n f i n a n c i a l p o s i t i o n i n c o n f o r m i t y w i t h a c c o u n t i n g p r i n c i p l e s g e n e r a l l y a c c e p t e d i n t h e U n i t e d S t a t e s o f
A m e r i c a .
W e c o n f i r m t o t h e b e s t o f o u r k n o w l e d g e a n d b e l i e f , a s o f O c t o b e r 3 1 , 2 0 0 8 , t h e f o l l o w i n g r e p r e s e n t a t i o n s
m a d e t o y o u d u r i n g y o u r a u d i t
1 . T h e f i n a n c i a l s t a t e m e n t s r e f e r r e d t o a b o v e a r e f a i r l y p r e s e n t e d i n c o n f o r m i t y w i t h a c c o u n t i n g p r i n c i p l e s
g e n e r a l l y a c c e p t e d i n t h e U n i t e d S t a t e s o f A m e r i c a .
2 . W e h a v e i d e n t i f i e d f o r y o u a l l o r g a n i z a t i o n s t h a t a r e a p a r t o f t h i s r e p o r t i n g e n t i t y o r w i t h w h i c h w e h a v e
a r e l a t i o n s h i p , a s t h e s e o r g a n i z a t i o n s a r e d e f i n e d i n S e c t i o n 2 1 0 0 o f t h e G o v e m m e n t a l A c c o u n t i n g
S t a n d a r d s B o a r d ' s ( G A S B ) C o d i f i c a t i o n o f G o v e r n m e n t a l A c c o u n t i n g a n d F i n a n c i a l R e p o r t i n g
S t a n d a r d s , t h a t a r e c o m p o n e n t u n i t s a n d j o i n t l y g o v e m e d o r g a n i z a t i o n s I n w h i c h w e p a r t i c i p a t e d . I n t h a t
r e g a r d , t h e S e r v i c e A u t h o r i t y f o r F r e e w a y E m e r g e n c i e s ( S A F E ) i s a c o m p o n e n t u n i t o f t h e C o m m i s s i o n .
T h e j o i n t l y g o v e m e d o r g a n i z a t i o n s t h a t t h e C o m m i s s i o n i s a m e m b e r o f a r e t h e S o u t h e r n C a l i f o r n i a
R e g i o n a l R a i l A u t h o r i t y ( S C R R A ) a n d t h e R i v e r s i d e O r a n g e C o r r i d o r A u t h o r i t y .
3 . W e h a v e i d e n t i f i e d f o r y o u a N o f o u r f u n d s a n d g o v e m m e n t a l f u n c t i o n s .
4 . W e h a t e p r o p e r t y c l a s s i f i e d a t f u n d s a n d a c t i v i t i e s .
5 . W e h a v e p r o p e r t y d e t e r m i n e d a n d r e p o r t e d t h e m a j o r g o v e r n m e n t a l f u n d s b a s e d o n t h e r e q u i r e d
q u a n t i t a t i v e c r i t e r i a . W e h a v e d e t e r m i n e d t h e D e b t S e a n c e F u n d t o b e m a j o r f o r p u b l i c i n t e r e s t
r e a s o n s . W e b e l i e v e t h a t t h e j u d g m e n t a l l y d e t e r m i n e d m a j o r f u n d i s p a r t i c u l a r l y i m p o r t a n t t o t h e
f i n a n c i a l s t a t e m e n t u s e r s .
6 . W e a r e r e s p o n s i b l e f o r c o m p l i a n c e w i t h l a w s a n d r e g u l a t i o n s a p p l i c a b l e t o t h e C o m m i s s i o n , L T F , a n d
S T A F , i n c l u d i n g a d o p t i n g , a p p r o v i n g , a n d a m e n d i n g b u d g e t s .
7 . W e h a v e i d e n t i f i e d a n d d i s c l o s e d t o y o u a l l l a w s a n d r e g u l a t i o n s t h a t h a v e a d i r e c t a n d m a t e r i a l e f f e c t
o n t h e d e t e r m i n a t i o n o f f i n a n c i a l s t a t e m e n t a m o u n t s o r t h e f i n a n c i a l d a t a s i g n i f i c a n t t o a u d i t o b j e c t i v e s ,
i n c l u d i n g l e g a l a n d c o n t r a c t u a l p r o v i s i o n s f o r r e p o r t i n g s p e c i f i c a c t i v i t i e s i n s e p a r a t e f u n d s .
8 . W e h a v e m a d e a v a i l a b l e t o y o u :
1 6 3
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October30, 2008
Page 2
a) All financial records and rebted data of aN funds and activities, inching those of all special funds,
programs, departments, projects, activities, etc., in existence at any time during the period covered
by your°audti.
b) All minutes of the meetings of the governing board and committees of board members or
summaries of actions of recent meetings for which minutes have not yet been prepared.
9. There have been no communications from grantors, lenders, other funding sources, or regulatory
agencies concerning noncompliance with:
a) Statutory, regulatory, or contractual provisions or requirements.
b) Financial reporting practices that could have a material effect on the financial statements.
10. We have no knowledge of fraud or suspected fraud affecting the entity involving:
a) Management or employees who have significant roles in the internal cont of
b) Others where the fraud could have a material effect on the financial statements.
11. We acknowledge our responsibility for the design and implementation of programs and controls to
provide reasonable assurance that fraud is prevented and detected.
12. We have no knowledge of any allegations of fraud or suspected fraud affecting the Commission
received in communications from employees, former employees, analysts, regulators, short sellers, or
others.
13. We are aware of no significant deficiencies, Including material weaknesses, in the design or operation
of internal controls that could adversely affect the Commission's ability to record, process, summarize,
and report financial data.
14. There have been no communications from regulatory agencies conceming noncompliance with, or
deficiencies in, financial reporting practces.
14. We have no plans or intentions that may materially affect the canying value or classification of assets
and liabilties.
15. The following have been properly recorded andlor disclosed in the financial statements:
a) Related -party transactions, including those with SAFE for which the Commission is considered
financially accountable, jointly governed organizations in which the Commission participates, and
those with STAF and LTF, as defined in Section 2100 of the GASB's Codification of Governmental
Accounting and Financial Reporting Standards, and interfund transactions, including interfund
accotmts receivable and payable and inierkrnd transfers, oil of which have been recorded in
accordance with the economic substance of the transaction and appropriately classified and
reported. There are related party transactions other than those noted above.
b) Lines of credit or similar arrangements.
c) Security agreements in effect under the Uniform Commercial Code.
•
•
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d) Revenue which was pledged as collateral for debt tiabilty.
e) The fair value of investments.
f) Amounts of`c contactual obligations for the construction and purchase of real property or equipment
not included in the fmbillties or encumbrances recorded on the books.
g) Debi issue provisions.
h) All leases and material amounts of rental obligations under long-term leases.
R All significant estimates and material concentrations known to management which are required to
be disclosed in accordance with the AICPA's Statement of Position 94-6, Disclosure of Certain
Significant Risks and Uncertainties. Significant estimates are estimates at the balance street date
which could change materially within the next year. Concentrations refer to volumes of business,
revenues, available sources of supply, or markets for which events could occur which would
signifcandy disrupt normal finances within the nod year.
j) Authorized but unissued bonds and/or notes.
k) Risk financing activities.
I) Derivative financial instruments.
m) The effect on the financial statements of GASB Statement No. 49, Accounting and Financial
Reporting for Pollution Remediafian Obligations; and Statement No. 53, Accounting and Financial
Reporting for Derivative instruments, which have been issued, but which we have not yet adopted.
n) Deposits and investment securities category of custodial credk risk.
o) Arbitrage rebate liabilities.
P)
Unpaid requests for disbursements to STAF or LTF claimants that have not been paid by June 30,
2008. The unreserved, undesignated fund balances for STAF and LTF are free and unencumbered
for future use as outlined in the Transportation Development Act.
16. We are responsible for making the accounting estimates Included in the financial statements. Those
estimates reflect our judgment based on our knowledge and experience about past and current events
and our assumptions about conditions we expect to exist and courses of action we expect to take. In
that regard, adequate provisions have been made to reduce receivables to their estimated net
collectible amounts and for pension obligations, post -retirement benefits other than pensions and
deferred compensation agreements attributable to employee services rendered through June 30, 2008.
17. There are no:
a) Material transactions that have not been property recorded In the accounting records underlying
the financial statements.
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b) Violations or possible violations of laws or regulations whose effects should be considered for
disclosure In the financial statements, or as a basis for recording a loss contingency or
noncompliance. In that regard, we specifically represent that we have not been designated as or
alleged to be, a "potentially responsible party` by the Federal :Environmental Protection Agency or
arty equivalent state agencies in connection with any environmental contamination.
c) Other material liabilities or gain or Ions contingencies that are required to be accrued or disclosed
by Statement of Finandal Accounting Standards No. 5 and/or GASB Statement No.10, except for
the $2.8 million accrued for the ligation matter, for which it is management's position that the
Commission's obligation against this clam is baited to this amount; and the impact, if any, on the
Commission from the Metrolink train ardent; for which an accrual has not been made.
d) Allocations to STAF or LTF claimants whir are in violation of the statute )imitations as outlined in
the Transportation Development Act.
e) Guarantees, whether wtii6o or oral, under which the Commission is contingently frable:
f) Arrangements with financial institutions involving compensating balances or other arrangements
involving restrictions on cash balances.
g) Agreements to repurchase assets previously sold.
h) Other liens or encumbrances on assets or revenues or any assets or revenues which were pledged
as collateral for any liability or which were subordinated in any way.
i) Liabilities which are subordinated in any way to any other actual or possible liabilities,
j) Debt issue repurchase options or agreements, or sinking fund debt reptod law ordinance
requirements.
m) Special or extraordinary items.
n) Provisions for risk retention, including uninsured losses or loss retentions attributable to events
°coining through June 30, 2008 and/or for expected retroactive insurance premium adjustments
applicable to periods through June 30, 2008.
o) Investments or other assets that have permanently declined in value.
p) Material losses to be sustained in the fulfillment of, or from the inability to fulfill, any service
commitments.
q) Material losses to be sustained as a result of purchase commitments.
r) Environmental cleanup obligations.
s) Impairments of capital assets.
18. We have no direct or indirect, legal or moral, obligation for any debt of any organization, public or
private, that is not disclosed in the financial statements.
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19. We have satisfactory trite b - owned assets.
20. We have complied with all aspects of contractual agreements that would have a material effect on the
financial statements in the event of noncompliance.
21. Net asset components (invested in capital assets, net of related debt; restricted; and unrestricted) and
fund balance reserves and designations are properly classified and, if applicable, approved.
22. Expenses have been appropriately dassified In or allocated to functions and programs in the statement
of activities, and allocations have been made on a reasonable basis.
23. Revenues are appropriately classified in the statement of activities within program revenues and
general revenues.
24. Capital assets, including amounts for right-of-way, are property capitalized, reported and depredated (if
applicable).
25_ Required supplementary Information is properly measured and presented.
In connection with your audit, conducted in accordance with Government Auditing Standards, we confirm:
26. We are responsible for.
a. Compliance with the laws, regulations, and provisions of contracts and grant agreements
applicable to the Commission.
b. Estabfishing and maintaining effective internal control over financial reporting.
26. We have identified and disclosed to you all laws, regulations, and provisions of contracts and grant
agreements that have a direct and material effect on the detemiinations of financial statement amounts
or other financial data significant to audit objectives. We are aware of no violations (or possible
violations) of laws, regulations, and provisions of contracts and grant agreements whose effects should
be considered for disclosure In the auditor repository or noncompliance.
27. We are aware of no instances of fraud, illegal acts, or violations of provisions of contracts or grant
agreements.
28. We have a process to back the status of audit findings and recommendations.
29. We have identified for you previous financial audits, attestation engagements, performance audits, or
other studies related to the objectives of the audit being undertaken and the corrective action taken to
address significant findings and recommendations.
In connection with your audit of federal awards conducted in accordance with OMB Circular A-133, Audits of
States, Local Governments, and Non-Profrf Organaations, we confirm:
30. We are responsible for complying, and have complied, with the requirements of Circular A-133.
31. We have prepared the schedule of expenditures of federal awards in accordance with Circular A-133
and have included expenditures made during the period being audited for all awards provided by
federal agencies in the form of grants, federal cost -reimbursement contracts, loans, loan guarantees,
property (induding donated surplus property, cooperative agreements, interest subsidies, insurance,
food commodities, direct appropriations, and other assistance.
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32. We are responsible for establishing and maintaining, and have established and maintained, effective
internal control over compliance for federal programs that provides reasonable assurance that the
Commission is managing federal awards in compliance with taws, regulations, and the provisions of
contracts or grant agreements that could have a material effect on our federal programs.
33. We are responsible for complying with the requirements of laws, regulations, and the provisions of
contracts and grant agreements related to each of the Commission's federal programs and have
complied, in all material respects, with those requirements.
34. We have identified and disclosed to you the requirements of laws, regulations, and the provisions of
contracts and grant agreements that are considered to have a direct and material effect on each major
Program.
35. There are no intones in which the Commission has its own interpretation of any compliance
requirements that have varying interpretations.
36. We have made available all contracts and grant agreements (including amendments, if any) and any
other correspondence that has taken place with federal agencies or pass -through entities related to
federal programs.
37. There are no amounts questioned or known noncompliance with the requirements of federal awards,
including those resulting from other audits or program reviews.
38. We have charged costs to federal awards in accordance with applicable cost principles.
39. We have made available to you all documentation related to the compliance requirements, Including
information related to federal program financial reports and claims for advances and reimbursements.
40. Federal program financial reports and claims for advances and reimbursements are supported by the
books and records from which the basic financial statements have been prepared.
41. The copies of federal program financial reports provided to you are true copies of the reports submitted,
or electronically transrnkted, to the federal agency or pass -through entity, as applicable.
42. We have no subrecipients of Federal awards.
43. We are responsible for and have accurately prepared the summary schedule of prior audit findings to
include all findings required to be included by Circular A-133. In that regard, there were no prior audit
findings noted.
44. There are no prior audit findings by federal awarding agencies and pass -through entities.
45. We have accurately completed the appropriate sections of the data collection form.
46. We have disclosed ail contracts or other agreements with service organizations. We are not aware of
noncompliance at these organizations.
47. We are aware of no noncompliance occurring subsequent to the period for which the compliance is
audited.
48. There have been no changes in intemal control over compliance or other factors that might significantly
affect intemal control since the date as of which compilance is audited.
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49. There have been no material modifications to our joint venture agreement with the SCRRA that would
materially impact the Commission's participation.
50. All designated employees have lied the required Statements of Economic Interest as outlined in the
Commission's conflict of interest code.
51. Allocated and unallocated amounts reserved for transit purposes for LTF total $73,218,907 and
designated umilocated apportionments for LTF bicycle and pedestrian: projects total $1,703,540 as of
June 30, 2008. Allocations available for transit programming and reserved for STAF total $20,000,860
and reserves for unclaimed allocations total $11,482,442. AN allocated amounts have been approved by
the Riverside County Transportation Corrunission.
52. In February 2005, the Commission authorized the issuance of tax-exempt commercial paper notes in
an amount not to: exceed $200,000,000 for the primary purpose of financing right way and mitigation
land acquisition and project development casts of capital projects under the 2009 Measure A. In 2005
2007, and 2008, the Commission issued commercial .paper notes of $30,005,000, $50,000,000, and
$30 000,059 respectively, in Jtme 2008 the Commission issued Measure A sales tax revenue bonds,
theproceeds of which were used th pay off the commercial paper in its entirety. Tterefore, there is no
outstanding commercial ;paper as of Jane 30, 2008. As a requirement for the issuance of the
commercial paper notes, the Commission entered into a $190,000,000 irrevocable direct draw letter of
credit and reimbursement agreement with a financial institution as liquidity support for the commercial
paper notes. The letter of credit may be used for debt service on the commercial paper notes. Amounts
drawn on the letter of credo are not due until expo of the letter of credit in March 2010. The
Commission did not draw on this letter of credit authorization during the year ended June 30, 2008, nor
were there any amounts outstanding under this letter of credit agreement at June 30, 2008.
53. In May 2006, the Commission entered into a cooperative agreement, Riverside Orange Corridor
Authority, with the Orange County Transportation Authority and the Transportation Corridor Agencies to
jointly exercise the common powers of the parties to manage geotechnical studies regarding the
Riverside Orange Corridor. The Commission is the recipient and administering entity of federal and
state funds as may be necessary to accomplish this work, and the three agencies will share in meeting
the local agency matching requirements. As of June 30, 2008, the Commission was not required to
make any contributions.
54. In January 2006, the Commission authorized the TUMF Special Revenue fund to advance $3,114,600
to the State to reply state and federal funding for the State Route (SR) 911Green River interchange
project During the year ended June 30, 2008, $743,993 was advanced to the State from the TUMF
Special Revenue fund for the SR-91 project.
In December 2004, the Commission authorized the TUMF Special Revenue fund to advance
$13,048,000 to the State to replace state and federal funding for the SR-60 widening project from
Interstate 15 to Valley Way. The final agreement with the State resulted in a reduction of the
Commission's commitment to $8,881,000. During the year ended June 30, 2008, $543,368 had been
advanced to the State from the TUMF Special Revenue fund for the SR-60 widening project.
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October 30, 2008
Page.a
The advances are to be repaid in the form of a commitment of future State funding on TUMF projects,
and, accordingly, the aggregate advances of $1,287,361:during the year ended June 30, 2008 were
recorded as highway expenditures of the TUMF Special Revenue fund. Cumulative advances as of
June 30 2008 for the SR 91/Green River interchange and SR-60 widening projects were $3,114,600
and $8636,096, respectively.
65. From time to time, the Commission's agreements wdh various third parties are modified or amended to
adjust for cost overruns and other factors. These modifications are considered to be ordinary courses of
action and are incorporated into the Commission's budgetary process as revisions to the original
adopted budget.
56. As a means to achieve a greater level of interest rate stability in connection with an anticipated variable
rate debt refinancing of the Commission's commercial paper program in 2009 and the outstanding 2008
salestax revenue bands, the Commission entered into two forward -starting interest rate swaps in
August 2006 for a total national amount of $185,000,000. The counterparty for the first swap
($100,000,000 notional amount) is Bank of America, N.A., and the counterparty for the second swap
($85,000,000 notional amount) is Lehman Brothers Derivative Pmducts Inc. Under the swap
agreements which become effective in October 2009, the Commission will pay the counterparties a
fixed rate of 3.679% for twenty years, the expected term of the variable rate debt to be rued in 2009;
the counterpartles MI pay the Commission a floating rate equal to 67% of the one -month London
Interbank Offer Rate (LIBOR).
The interest rate swaps are, among other things, subject to credit, basis, and termination risk. The
credrl and termination risks have been mitigated with collateral posting requirements by the
counterparty in the event of a ratings downgrade beam a specified threshold. Upon issuance of the
variable rate debt in 2009, bass risk Is expected to be mitigated with a variable rate paid to bond
holders that approximates the 67% of one -month LIBOR to be received from the caunterpartiea
Accordingly, the interest rate swaps effectively create synthetic fired rate debt for the Commission.
The swap policy adopted by the Board of Commissioners requires the Commission to calculate the fair
termination values of its swaps at least annually. The calculation of the fair termination value takes into
consideration the prevailing interest rate environment, the specific terms and conditions of a given
transaction, and any upfront payments that were received, if any. Fair valuations of termination values
are realized only if the swaps were to be terminated at the valuation date, and only the Commission
retains the right to optionally terminate most of the transactions.
As of June 30, 2008, the negative fair values for the $100,000,000 swap with Bank of America and the
$85,000,000 swap with Lehman Brothers DP were estimated by an independent third -party to be
$2,843,636 and $2,418,108, respectively. Therefore, if the swaps were terminated on June 30, 2008,
the Commission would have paid a termination payment of $2,843,636 and $2,418,108 to Bank of
America and Lehman Brothers DP, respectively, for a total termination payment of $5,261,744. The
termination payments that would have been paid by the Commission if the swaps were terminated on
June 30, 2008 are a result of the change in interest rate levels and certain interest rate relationships.
The rate used to calculate the fixed swap payment owed by the Commission to the swap providers is
3.679%. As of June 30, 2008, this fixed rate was higher than the current rate for a swap of identical
terms and conditions.
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October 30, 2008
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In September 2008, Lehman Brothers Holdings filed for bankruptcy, which was a trigger event under
the swap agreement with Lehrnan Brothers DP. As 'a result of the bigger event, the swap agnement
was terminated on September 23, 2008. A termination payment of $3,452,453 was paid b Lehman
Brothers DP on October 1, 2008. The Commission entered into a replacement swap with Deutsche
Bank AG for a notional amount of $85,000000 on September 24, 2008. Under the swap agreement
with Deutsche Bank, which becomes effective in October 2009, the Commission will pay Deutsche
Bank as the counterparty a fixed rate of 3.208% for twenty years; the new counterparty will pay the
Commission afloating rate equal to 67% of the one month LIBOR.
57. Certain preliminary engineering costs related to the development of toil roads are recorded as
construction in progress, as the Commission anticipates obtaining franchise rights from the state to
operate such toll roads for a certain period of time. Accordngly, the Commission adopted Govemment
Accounting Standards Board (GASB) Statement No. 51, Accounting and Financial Reporting for
Intang►2de Assets, during the year ended June 30, 2008.
No events or transactions, other than those disclosed in the financial statements, have occurred subsequent
to the balance sheet date that would require adjustmentto, or disclosure in, the financial statements.
During the course of your audfi, you may have accumulated records containing data which should be
reflected in our books and records. All such data have been so reflected. Accordingly, copies of such
records in your possession are no bgger needed by us.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
ne Mayer, Executive Dr bar
9).4,(Azet.,t-
Theresia Trevino, Chief Financial Officer
171
ATTACH/SENT 7
McGladrey& Pullen
Certified Pudic Accountants
Independent Accountant's Report on
Applying Agreed -upon Procedures
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have pertom>ed the procedures enumerated below to the accompanying Appropriation; Limit Calculation of the
Riverside County Transportation Commission (the Commission) for the year ended June 30, 2008. These
procedures, which were agreed to by the Commission and the League of California Cities (as presented in the
publication entitled Aid -upon Procedures Applied to the Appropriations Limitation Prescribed by Article )011-B of
the California Consfiiutfon), were performed solely to assist the Commission in meeting the requirements of
Section 1,5 of Article Xill-B of the California Constitution. The Commission's management is responsible for the
Appropriations Limit Calculation.
This agreed -upon procedures engagement was conducted in accordance with attestation standards established by
the American Institute of Certified Public Accountants. The sufficiency of these procedures is solely the responsiblily
of those parties specified in this report. Consequently, we make no representation regarding the sufficiency of the
procedures described below either for the purpose for which this report has been requested or for any other purpose.
The procedures performed and our findings were as follows:
1. We obtained the completed internal calculations and compared the limit and annual adjustment factors
included in those calculations to the limit and annual adjustment factors that were adopted by a resolution of
the Board of Commissioners. We also compared the population and inflation option; included in the
aforementioned calculations to those that were selected by a recorded vote of the Board of Commissioners.
Finding: No exceptions were noted as a result of our procedures.
2. For the accompanying Appropriations Limit Calculation, we added line A, last year's limit, to line E, total
adjustments, and compared the resulting amount to line F, this year's limit.
Finding: No exceptions were noted as a result of our procedures.
3. We compared the current year information presented in the accompanying Appropriations Limit Calculation to
the supporting calculations described in item 1 above.
Finding: No exceptions were noted as a result of our procedures.
4. We compared the prior year Appropriations Limit presented in the accompanying Appropriations Limit
Calculation to the prior year Appropriations Limit adopted by the Board of Commissioners during the prior
year.
Finding: No exceptions were noted as a result of our procedures.
We were not engaged to, and did not, conduct an audit, the objective of which would be the expression of an opinion
on the accompanying Appropriations Limit Calculation of the Commission. Accordingly, we do not express such an
opinion. Had we performed additional procedures, other matters might have come to our attention that would have
been reported to you. No procedures have been performed with respect to the determination of the appropriations
limit for the base year, as defined by Article XIII-B of the California Constitution.
McGladrey 8 PuYen, UP is a amber him of RSM International,
an Bata an of separate and independent legal endlies.
172
This reportis intended solely for the information and use of the Board of Commissioners and. management of the
Commission, and is not intended to be, and should not be, used by anyone other than these specified: parties.
However, this report is a matter of public record and its distribution is not limited:
/�ppPiK` L G�
Riverside, California
October 30,:2008
•
173
Riverside County Transportation Commission
Appropriations Limit Calculation
YearEndedJune 30, 2008
Amount Source
A. Last year's limit $ 265,455,468
B. Adjustment factors:
1. Population change 1.0330 Slate Finance
2. Per capita change 1.0550 State Finance
Total adjustments [(B.1 x B.2)-1.01 0.0898.
C. Annual adjustment 23,841,883 . (BxA)
D. Other adjustments:
1. Lost responsibility (-)
2. Transfer to private (-)
3. Transfer to fees (-)
4. Assumed responsibility (+)
Subtotal
E. Totai adjustments 23,841,883 (C+D)
F. This years limit $ 289,297,351 (A+E)
174
ATTACHMENT 8
McGladrey& Pullen
Certified Pubic Accountars
Independent Accountant's Report on
Applying Agreed -upon Procedures
Board of Commissioners
Riverside County Transportation Commission and
Board of Directors, inland Transportation Services
Riverside, Califomia
We have performed the procedures enumerated below, which were agreed to by the Riverside County
Transportation Commission (Commission) and inland Transportation Services (ITS), solely to assist the specked
parties with respect to the purchase of gift certificates and the payment of incentives related to the Commuter
Assistance Program (Program) administered by ITS for the year ended June 30, 2008. This agreed -upon procedures
engagement was conducted in accordance with attestation standards established by the American Institute of
Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of those parties specified
in this report. Consequently, we make no representation regarding the sufficiency of the procedures described below,
either for the purpose for which this report has been requested or for any other purpose.
As background Information for engagement to perform agreed -upon procedures, we were provided with:
Resolution No. 03-025, Resolution of the Commission Amending Guidelines for the Administration of the Measure A
Funded Committer incentive Projects as part of its Program, and Agreement No. 00-41-021-06, Amendment Na 6 0
the Agreement for Development and Management of Commuter Assistance between ITS and the Commission,
entered into as of July 14, 2006. In addition, we received an explanation of the ITS registration process with the
employer and employee from the program manager of ITS.
The procedures and related findings are as follows:
1. We obtained a list of all disbursements recorded by the Commission to vendors for the purchase of gift
certificates for the year ended June 30, 2008 and judgmentally selected a sample of 10 disbursements for
selected testing (see Exhibit 1). Our procedures and findings related to Exhibit 1 are as follows:
a. We agreed the amount recorded as disbursed by the Commission to canceled checks or warrants
without exception.
b. We agreed the amount recorded as disbursed to vendors to the ITS payment requests without
exception.
c. We agreed the amount recorded and the payee to the log of requested gift certificates maintained by
ITS without exception.
2. We obtained the "Rideshare Payment" Reports that list recorded disbursements made to recipients by ITS
for the year ended June 30, 2008 and judgmentally selected a sample of 10 items for selected testing (see
Exhibit 2). Our selected testing and findings related to Exhibit 2 are as follows:
a. We obtained the Employer Information Form and Statement of Participation (SOP) for the employer
indicating its participation with ITS as a participant No exceptions were noted.
b. We obtained the Employee Enrollment Form indicating the employee is registered with ITS as a
participant. No exceptions were noted.
McGladrey 8 Pullen. LLP is a member irm of nSM International,
an affiliation of separate and'ndependent legal entitles.
1
175
c. We agreed ITS' disbursement to the employee claim form, noting proper approval of the claim, without
exception.
d. We recalculated the number of days the employee participated in each rideshare mode and the
incentive earned for each rideshare male and agreed those totals to the amounts listed on the monthly
incentive claim form without exception.
e. We agreed the daily amount of reimbursement per mode of transportation to the amount approved in.
Resolution No. 03-025 without exception.
f. We agreed the recorded disbursement amount per the incentive Payment Report to the employer
transmittal letter without exception.
3. We compared ITS' total gift certificate inventory balance from gift certificate inventory schedules provided by
ITS as of June 30, 2008 to the actual gift certificates maintained by ITS by judgmentally selecting certain gift
certificates for mounting. No exceptions were noted. The gift certificate inventory balance per the inventory
schedules as of June 30, 2008 is $144,517.
We were not imaged to and did not conduct an audit, the objective of which would be the expression of an opinion
on the specified elements, accounts or items thereof related to the program. Accordingly, we do not express such an
opinion. Had we performed additional procedures, other matters might have comet our attention that would have
been reported to you.
This report is intended solely for the information and use of the Board of Commissioners and management of
Riverside County Transportation Commission and the board otdirectors and management of Inland Transportation
Services, and is not intended to be and should not be used by anyone other than these specified parties.
C ror. /4 ,y T 4pi�p:-„r L GIB
Riverside, California
October 30, 2008
2
176
"
"
"
E x h t i t 1 1
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n a n d I n l a n d T r a n s p o r t a t i o n S e r v i c e s
S c h e d u l e o f S e l e c t e d P u r c h a s e s o f G i f t C e r t i i i c a b e s .
F i s c a l Y e a r E n d e d J u n e 3 0 , 2 0 0 8
P r o j e c t V e n d o r V o u c h e r D a l e A m o u n t C h e c k #
A d v a n t a g e V o n s 0 7 / 1 0 / 0 7 $ 2 5 , 0 0 0 3 7 7 3 7
A d v a n t a g e S t a t e r B r a s 0 7 / 1 0 / 0 7 2 5 , 0 0 0 3 7 7 2 8
A d v a n t a g e S t a t e r B r o s 1 0 / 0 4 / 0 7 2 5 , 0 0 0 3 8 6 2 2
A d v a n t a g e V o n s 1 0 1 0 4 / 0 7 2 0 , 1 3 0 0 3 8 6 3 5
A d v a n t a g e V o n s 0 1 / 1 0 / 0 8 2 0 , 0 0 0 3 9 5 5 6
A d v a n t a g e - C V S t a t e r B r o s 0 7 / 0 2 / 0 7 5 , 0 0 0 3 7 5 8 4
A d v a n t a g e - C V V o n s 0 3 / 1 1 / 0 8 2 0 , 0 0 0 4 0 2 2 7
O p t i o n S t a t e r B r o s 1 0 / 0 4 / 0 7 2 0 , 0 0 0 3 8 6 2 2
O p t i o n S t a t e r B r o s 0 1 / 1 0 / 0 8 2 0 , 0 0 0 3 9 5 3 8
O p t i o n V o n s 0 3 / 1 1 / 0 8 1 5 , 0 0 0 4 0 2 2 7
3
1 7 7
Exhibit 2
Riverside County Transportation Commission and Inland Transportation Services (Contractor)
Schedule of Selected Employee Incentive Payments Made by the Contractor
Fiscal Year Ended June 30, 2008
Employee Incentive Commute Disbuiseuren t
Initials Employer Name Type Mode Date Amount
K.G. County of Riverside Vons Carpool 04)24/08 $ 105
A.T. Finesse Personnel Vons Carpool 05/2NN 140
A.M. Naval Surface Warfare Center Vons Carpool 08/13/07 105
Y.M. Penn Emblem Vons Carpool 12/03/07 135
J.A. Bighom Golf Club Vons Carpool 021=08 100
M.G. Cardinal Health Care Vons Carpool G1/09/08 125
S.R. County of San Bernardino Vons Public Bus 03/19/08 105
A.D. Leggett & Platt Vans Carpool 12/05/07 120
T.C. City of San Bemardino Stater Bros Carpool 08/02/07 130
R.G. National Training Center Stater Bros Vanpooi 04/03/08 1.30
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178
"
A T T A C H M E N T
R i v e r s i d e C o u n t y R e g i o n a l C o m p l e x
4 0 8 0 L e m o n S m e l l 3 r d F l o o r " R i v e r s i d e , C a l * r n i a
M a g i r s g A d d r e s : P o n O f f i c e B o x 1 2 0 0 8 " R i v e r s i d e , C a l i f o r n i a 9 2 5 0 2 2 2 0 8
P h o n e ( 9 5 1 ) 7 8 7 - 7 1 4 1 " F a x ( . 9 5 1 ) 7 8 7 - 7 9 2 0 " m n n a r e c : o i g
N o v e m b e r 1 0 , 2 0 0 8
B o a r d o f C o m m i s s i o n e r s
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
R i v e r s i d e , C a l i f o r n i a
T h e C o m p r e h e n s i v e A n n u a l F i n a n c i a l R e p o r t ( C A F R ) o f t h e R i v e r s i d e C o u n t y
T r a n s p o r t a t i o n C o m m i s s i o n ( C o m m i s s i o n ) f o r t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 i s
h e r e b y s u b m i t t e d f o r y o u r r e c e i p t a n d a c c e p t a n c e . T h e C A F R i s p r e s e n t e d i n
t h r e e s e c t i o n s c o n s i s t i n g o f I n t r o d u c t o r y , F i n a n c i a l , a n d S t a t i s t i c a l . T h e F i n a n c i a l
S e c t i o n i n c l u d e s t h e a u d i t e d f i n a n c i a l s t a t e m e n t s a n d o t h e r s u p p l e m e n t a r y
i n f o r m a t i o n a n d t h e i n d e p e n d e n t a u d i t o r ' s r e p o r t o n t h o s e f i n a n c i a l s t a t e m e n t s .
M a n a g e m e n t o f t h e C o m m i s s i o n i s r e s p o n s i b l e f o r t h e f i n a n c i a l s t a t e m e n t s a n d
o t h e r i n f o r m a t i o n p r e s e n t e d i n t h e C A F R .
A s t h e E x e c u t i v e D i r e c t o r a n d C h i e f F i n a n c i a l O f f i c e r o f t h e C o m m i s s i o n , w e
h a v e r e v i e w e d t h e C A F R f o r t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 . B a s e d o n o u r
k n o w l e d g e , t h e C A F R d o e s n o t c o n t a i n a n y u n t r u e s t a t e m e n t o f a m a t e r i a l f a c t o r
o m i t t o s t a t e a m a t e r i a l f a c t n e c e s s a r y i n o r d e r t o m a k e t h e s t a t e m e n t s m a d e i n
t h e C A F R n o t m i s l e a d i n g w i t h r e s p e c t t o t h e p e r i o d c o v e r e d b y t h e C A F R .
A d d i t i o n a l l y , b a s e d o n o u r k n o w l e d g e , t h e f i n a n c i a l s t a t e m e n t s a n d o t h e r
f i n a n c i a l i n f o r m a t i o n i n c l u d e d i n t h e C A F R f a i r l y p r e s e n t i n a l l m a t e r i a l r e s p e c t s
t h e f i n a n c i a l c o n d i t i o n a n d r e s u l t s o f o p e r a t i o n s o f t h e C o m m i s s i o n a s o f a n d f o r
t h e y e a r e n d e d J u n e 3 0 , 2 0 0 8 .
n n e M a y e r , E x e c u t i v e D i r e c t o r
T h e r e s i a T r e v i n o , C h i e f F i n a n c i a l O f f i c e r
1 7 9
ATTACHMENT 10
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Riverside County
_ransportation Commission
November 10, 2008
Riverside County Regional Complex
4080 Lemon Street, 3rd Floor • Riverside, California
Mailing Addrus: Port Office Box 12008 • Riverside, California 92502-2208
Phone (951) 787-7141 • Fax (951) 787-7920 • urunantc org
Board of Commissioners
Riverside County Transportation Commission
Riverside„ California
In connection with the submission of the Comprehensive Annual Financial Report
(CAFR) of the Riverside County Transportation Commission (Commission) for the
year ended June 30, 2008, as the management and Directors of the Commission,
we understand that we are responsible for the operations and activities of the
Commission's programs, projects, and administration.
Accordingly, we hereby make the following representations based upon our
knowledge. We are responsible for establishing and maintaining controls and
procedures related to these operations and activities. We have designed such
controls and procedures to ensure that material information is made known to us,
particularly during the year ended June 30, 2008. The controls and procedures have
been effective for the year ended June 30, 2008 and through the date of this letter.
There have been and are no significant deficiencies in the design or operation of
internal controls regarding financial reporting for the same period which could
adversely affect the Commission's ability to record, process, summarize and report
financial data. There have been and are no material weaknesses in internal
controls. There have been no significant changes in internal control or in other
factors that could significantly affect internal controls subsequent to June 30, 2008.
Management also recognizes its responsibility for fostering a strong ethical climate
so that the Commission's affairs are conducted according to the highest standards of
personal and organizational conduct. In connection with this responsibility, we are
not aware of any fraud, whether or not material, that involves management or other
employees who have a significant role in the Commission's internal controls.
ohn Standiford, J puty Executive Director
180
Cathy Becht e , Project Development Director
Michael Blomquist, J I Programs Director
M enstra, Project Delivery Director
�te.�e,ac�u
resia Trevino, Chi
d=1 Services Director
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181
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
November 24, 2008
TO:
Budget and Implementation Committee
FROM:
Shirley Medina, Programming and Planning Manager
THROUGH:
Cathy Bechtel, Project Development Director
SUBJECT:
Coachella Valley Association of Governments/SunLine
Agency Audit Resolution
Transit
STAFF RECOMMENDATION:
This item is for the Committee to:
1) Approve the Coachella Valley Association of Government's (CVAG) request
to deprogram three projects previously approved for Congestion Mitigation
and Air Quality (CMAQ) funds in the amount of $2,636,997;
2) Reduce the Salton Sea Air Basin (SSAB) CMAQ funding by $2,552,971 in
the next federal transportation authorization;
3) Authorize the Executive Director, pursuant to legal counsel review, to enter
into Memorandum of Understanding (MOU) No. 09-66-51-00 with Caltrans
regarding payment of disallowable CMAQ funds; and
4) Forward to the Commission for final action.
BACKGROUND INFORMATION:
CVAG and SunLine Transit Agency (SunLine) have proposed a payment option to
address the disallowable costs that were identified in the February 2008 Caltrans
Incurred Cost Audit Report. The report disallows $5,189,968 of claimed costs on
two federally funded CMAQ projects because the claimed costs were not
adequately supported nor in compliance with agreement provisions and state and
federal regulations.
Sunline Services Group (SSG) was formed by SunLine to provide Regional PM 10
street sweeping in the Coachella Valley. The February 2008 Caltrans audit
revealed that the there were unallowable program costs incurred by SSG and that
invoices and verification of payment were inadequate. Additionally, the audit cited
that there were unsigned agreements and lack of agreement provisions. Of the
$5,189,968 disallowed costs, $4,599,635 consisted of operational costs and
$590,333 was equipment costs.
Agenda Item 9
182
Caltrans, as the administrator of federal funds, is required to pay back disallowable
costs to the Federal Highway Administration (FHWA) and deobligate federal funds
associated with the ineligible project(s). Rather than seek direct pay back from
CVAG, Caltrans proposed that it retains the deobligated funds and apply them to
State Highway System projects.
In order to pay back the Riverside County CMAQ program, CVAG, SunLine and the
city of Palm Desert are proposing the deletion or deprogramming of CMAQ funds
for three projects totaling $2,636,997. These projects were the lowest scoring
projects in the recent CVAG CMAQ call for projects and are as follows:
Project Description
Amount
Recommended
Action
CNG Bus Purchase (2) for the Fred Waring
Bus Service
$ 734,799
Deprogram project
CNG Bus Purchase (3) for Routes
Recommended from the Comprehensive
Operation Analysis
$ 1,102,198
Deprogram project
*Palm Desert — Mid -Valley Bike Path
$ 800,000
Reduce funding by
$800,000
Total
$ 2,636,997
*The CMAQ funding for the Palm Desert project is being reduced from $3 million to
$2.2 million.
CVAG is proposing that the balance of the payment, $2,552,971, be taken out of
the next federal transportation authorization act. Therefore, future CMAQ funding
for the SSAB will be reduced by the balance amount. The payback to the Riverside
CMAQ program is summarized as follows:
Fund Source
Amount
Deobligated projects/funds
$2,636,997
Future SSAB funds
$2,552,971
Total
$ 5,189,968
Status of Deleted Projects
• The SunLine projects that are being deleted from CVAG's CMAQ program
have been proposed for Proposition 1 B transit funds, which will cover a
portion of the project costs. SunLine will continue to seek additional funds
to fully fund the projects or revise the project schedules. The Commission's
role in the Proposition 1 B transit program is to collect the nominated transit
Agenda Item 9
•
•
•
183
"
"
"
p r o j e c t s , r e v i e w f o r e l i g i b i l i t y a n d c o n c u r r e n c e , a n d s u b m i t t h e m t o C a l t r a n s
b y N o v e m b e r 3 0 , 2 0 0 8 . T h e t r a n s i t f u n d s a r e s c h e d u l e d t o b e a l l o c a t e d b y
t h e S t a t e C o n t r o l l e r ' s O f f i c e i n J a n u a r y 2 0 0 9 .
" T h e c i t y o f P a l m D e s e r t w i l l s e e k o t h e r f u n d s t o f u l l y f u n d a n d i m p l e m e n t t h e
M i d - V a l l e y B i k e P a t h p r o j e c t .
C o m m i s s i o n s t a f f c o n c u r s w i t h t h e C M A Q p a y m e n t o p t i o n r e c o m m e n d e d b y C V A G
a n d w i l l w o r k w i t h C a l t r a n s o n f i n a l i z i n g a M O U r e g a r d i n g t h e p a y m e n t
r e c o m m e n d a t i o n . R e s o l u t i o n o f t h i s i s s u e h a s b e e n a c o l l a b o r a t i v e e f f o r t i n v o l v i n g
S u n L i n e , C V A G , C a l t r a n s , a n d C o m m i s s i o n s t a f f a n d h a s m i n i m a l i m p a c t s o n
c u r r e n t p l a n n i n g a n d p r o g r a m m i n g p r o c e s s e s .
F i n a n c i a l I n f o r m a t i o n
I n F i s c a l Y e a r B u d g e t :
N / A
Y e a r :
N / A
A m o u n t :
N / A
S o u r c e o f F u n d s :
N / A
B u d g e t A d u s t m e n t :
N / A
G L A N o . :
N / A
F i s c a l P r o c e d u r e s A p p r o v e d :
\ J ` i t � 4 , 4 4 . 0 1 4 2 . u v
D a t e :
1 1 / 1 3 / 2 0 0 8
A t t a c h m e n t : O c t o b e r 1 , 2 0 0 8 L e t t e r f r o m C V A G
A g e n d a I t e m 9
1 8 4
CVAG
85428 CJ, JSt, AM, SM
COACHELLA VALLEY ASSOCIATION of GOVERNMENTS
• Blythe • Cathedral City • Coachella • Desert Mot Springs • Indian Wert • Indio • La Ouinta • Palm Desert • Palm Springs • Rancho Mirage
County of Riverside • Ague Caliente Band cfi Cehuilla Indians • Cabmen Bend of Mission Indians • Torres Martinez Desert Ca s illa Indians
October 1, 2008
•
•
Anne Mayer, Executive Director
Riverside County Transportation Commission
4080 Lemon Street, 3rd Floor/P.O. Box 12008
Riverside, CA 92502-2202
Dear Ms. M
n2
E CEITE
OCT OS 2008 i 1ij
The Coachella Valley Association of Governments (CVAG) discussed the Caltrans February 2008
incurred cost audit at the regularly scheduled September 29, 2008 Executive Committee meeting. The
CVAG 13cecutive .Committee modified its July 29, 2008 direction to staff by voting to deprogram two
SunLine projects totaling $1,836,997 and deprogram $800,000 of the Palm Desert $3,135,000 funding for
the Bicycle Facility Project for a deprogrammed total of $2,636,977.
On July 30, 2008, CVAG sent a letter to the Riverside County Transportation Commission (ROTC)
respectfully requesting RCTC enter into a Memorandum of Understanding (MOU) with the California
Department of Transportation (Caltrans) for repayment of CVAGs CMAQ reimbursement disallowed by the
February 2008 incurred cost audit. This correspondence requested that all SunLine CMAQ (SAFETEA-LU)
projects be deprogrammed. CVAG is still respectfully requesting RCTC enter into a MOU with
Caltrans to allow for an alternate payment option with CMAQ funds.
On August 1, the Board of Directors of the SunLine Services Group sent a letter to ROTC requesting
that RCTC not get involved in this issue in order to give CVAG and SSG and opportunity to attempt to
jointly resolve the financial impacts raised by the Caltrans audit On August 22, 2008, a joint meeting
between two CVAG Executive Committee members and the Chair and Vice Chair of SunLine Transit
Agency/SSG met to discuss options, other than deprogramming all SunLine CMAQ projects. The
suggestion at this meeting was to deprogram the two lowest ranked Suntine CMAQ projects and $800,000
from the lowest ranked project, the Palm Desert Bicycle Fadlity.
The Executive Committee accepted and approved this suggestion on September 29, 2008. The
balance to be repaid rrom the future CMAQ cycle would be $2,552,991, or a balance of 49% of the
incurred cost audit findings.
Please find attached the September 29, 2008 staff report with the attachments (including the
deprogrammed project descriptions).
Thank you in advance for your assistance and consideration of our request.
John M. Wohlmuth
Executive Director
cc: Mikel Oglesby, SunLine General Manager
A.01.10
73-710 Fred Waring Drive, Suite 200 • Palm Desert, CA 92260 • (760) 346-1127 • FAX (760i 340-5949
185
Attachments
COACHELLA VALLEY ASSOCIATION of GOVERNMENTS.
DATE: September 29, 2008
TO: EXECUTIVE COMMITTEE _
FROM: John M. Wohlmuth, Executive Director
SUBJECT: Regional Clean Street Management Program
STAFF RECOMMENDED MOTION: That the Executive Committee consider the July 28, 2008
Executive Committee direction to staff, the TAC recommendation of September 12, 2008, and the
SSG/CVAG meeting recommendation of August 22, 2008.
Technical Advisory Committee Recommendation: CONCURRED with the July 28, 2008
Executive Committee direction to staff requesting RCTC and Caltrans enter into a MOU and
deprogram $2.8 million of CMAQ funds programmed for SunLine. (Meeting of September'12, 2008)
SSG/CVAG Meeting Recommendation: At this meeting, attendees representing the CVAG
Executive Committee, (Mayor Roche and Mayor Benson) recommended RCTC and Caltrans enter
into a MOU and deprogram the two lowest ranked SunLine projects ($1.6 Million) and_$800,000
of the $3.135 programmed for the Palm Desert Bicycle Facility Project. The total to be
deprogrammed in the CMAQ cycle would be $2.6 million. (Meeting of August 22, 2008)
Background:
On July 28, 2008 CVAG staff and General Counsel went into closed session with the
Executive Committee to discuss options to address the Caltrans Incurred Cost Audit performed on
the Regional Clean Street Management Program for the period of November 1999 through May
2004.
The Executive Committee directed CVAG staff to prepare a letter to Riverside County
Transportation Commission (RCTC) requesting RCTC consider entering into a Memorandum of
Understanding (MOU) with Caltrans to allow repayment of CMAQ funds over time. In addition, the
Executive Committee directed staff to emphasize deprogramming $2.8 million of SunLine projects
in the upcoming CMAQ cycle. The correspondence was prepared and is attached to this staff
report as Attachment 1.,
At the SunLine Services Group (SSG) meeting of July 30, 2008, the SSG Board of Directors
directed the General Manager, C. Mikel Oglesby to request that RCTC not become involved in this
issue at this time, in order to allow CVAG and SSG an opportunity to meet and jointly resolve the
financial impacts raised by the Caltrans audit. Please find attached the SSG letter to RCTC as
Attachment 2.
16 ITEM 13A
186
COACHELLA VALLEY ASSOCIATION of GOVERNMENTS
SSG requested a meeting with CVAG. SSG informed CVAG that Chair Michael Wilson,
Vice Chair Bud England, and General Manager Mikel Oglesby would be attending the meeting as
directed by their Board of Directors.
CVAG staff was directed to send .a letter to RCTC. The Executive Committee did not
provide direction, nor assign representatives front CVAG to meet with SSG. After discussing the
issue with CVAG Chair Eduardo Garcia and Vice Chair Stephen Pougnet, CVAG staff asked
Executive Committee members, Mayor Jean Benson and Mayor Mary Roche, to accompany the
Executive Director to this meeting.
The meeting between SSG/SunLine and CVAG took place on August 22, 2008. After
hearing and discussing several options, it became clear that in order to move forward, a RCTC and
Ca!trans MOU would be beneficial to resolving the audit with the least immediate financial impact.
The discussion then focused on the projects to recommend deprogramming in an amount between
$2.6 million and "$2 8 million.
As it was the direction of the Executive Committee for staff to request RCTC deprogram all
of SunLine's projects in this CMAQ cycle totaling $2.8 million, this would leave $2.3 million to be
deprogrammed in a future CMAQ cycle.
The suggestion made at the August 22, 2008 meeting was to deprogram the lowest ranked
SunLine projects by points, totaling $1.8 million, and maintain the higher ranked Sunline Projects,
totaling $973,000. The recommendation/suggestion was to remove $800,000 from the Palm
Desert Bicycle facility projects, the lowest ranked project. The total amount to be deprogrammed
under this option would be $2.6 million, leaving $2.6 million to be deprogrammed in a future CMAQ
cycle. The list of projects and rankings are attached as Attachment 3.
Attachment 4 is the project descriptions for projects being considered for deprogramming
or partial deprogramming.
At their meeting of September 12, 2008, the Technical Advisory Committee (TAC)
recommended the deprogramming of the SunLine projects, totaling $2.8 million.
17
•
•
187
-CVAG
.COACHELLA VALLEY ASSOCIATION of GOVERNMENTS.
alyche • Cathedral City • Coachella • Desert Hot Spnngs • Indian Wells • Indio • to Quints • Paid] Desert • Palm Sonngs • Rancho Mirage
County of Riverside • Ague Caliente Band of Cahuilla Indians • Calzazon Band of Mission :Indians • Torres Martinez Desert Cahuiila Indians
•
July 30, 2008
Anne Mayer, Executive Director
Riverside County Transportation Commission
4080 Lemon Street, 3m Floor
P.O. Box 12008
Riverside, CA 92.502-2202
Dear Anne:
The Coachella Valley Association of Governments, (CVAG) respectfully requests Riverside
County Transportation Commission (ROTC) enter into a Memorandum of Understanding with the
California Department of Transportation (Ca!trans) for the repayment of CVAG's CMAQ
reimbursement disallowed by the February 2008 incurred cost audit.
On July 28, 2008, the Executive Committee of CVAG directed me to prepare a letter
requesting RCTC's consideration to enter into a MOU with Ca!trans. The MOU between RCTC and
Ca!trans would allow for an alternate payment option to Ca!trans and with RCTC's assistance,
would allow CVAG to partially address repayment of the SunLine Services Group (SSG)/SunLine
Transit Agency $4,789,522 portion of the $5,189,968 disallowable claimed costs in the May 2007
Ca!trans Audit of SSG/SunLine.
The CVAG Executive Committee's action also included an emphasis that RCfC deprogram
SunLine projects that are programmed to receive federal funds in the current CMAQ (SAFE 1 LA-LU)
cycle. Four projects were awarded to SunLine in the 2007 CMAQ SAFETEA-LU call for projects,
totaling $2,810,827.
Thank you for your consideration of our request.
—Sin sly,
v
/John M. Wohlmuth
Executive Committee
C
18 ATTACHMENT 1
73-710 Fren Waring Drive. Suite 200 • Palm Deser8§A 92260 • [760) 346-1127 • FAX [7601 340-6949
1.116/01F2006/PRI 07:09 PM SNARE TRANSIT
A pdh/iv. A ...
giertey
August 7, 2008
PAX No. 760 30-3097 P. 002
SY FAX AND REGULAR.MAlt,
Anne Mayer
Riverside County Transpottation Commission
4080 Lemon Street, Third:Floor
Riverside, CA 92502-2208
Dear Anne:
•
AfEMOER S
DasenHot.SPdogs Rancho Mirage& Indio
PasnSprings Palm Desert CoorAela
CathodralCily lodiao-wets RivursideCourtly
La atlnta
The Board of Directors of Suntine Services .Group just met on. Juty 30, 2008 to:
receive my report in closed session . concerning . RCTC's involvement in :: the
issues arising from the Caltrans:audit of street sweeping: services between CVAG
and Sunt.ine :Services °Group. SSG's Board of. Directors; has asfied me to: relate
its preference that RCTC not .become Involved in this issue at least at the
present time —in .cyder to give CVAG and SSG an opportunity to atternptto. jointly
resolve financial Impacts raised by the Cattrans;audit. SSG requests that RCTC
refrain from entering into an MQU ieNh Caitrans to pay the audit casts.
if needed in the.•future, 'RCTC can :become involved, but CVAAG and SSG have
not yet. exploredbetween themselves potential ways of dealing with these issues.
We are in the proceseof:setting up.a meeting in ttte near future and appreciate
yourunderstanding: to allow us to attempt a joint resolution that will not require
RCTC to enter into an MOU with Caltrans.
Sincerely,
ti
C. Mei Ogles
General Manager
32.505 Harry Oliver Trail, Thousand Palms, CA 92276 !'h 760.343-3456 Fax 760-343-0576 wwwsurrline.org
ATTACHMENT 2
19
89
"
"
C O A C H E L L A V A L L E Y A S S O C I A T I O N O F G O V E R N M E N T S
C M A Q S A F E T E A L U P R O P O S A L R A N I C I N G S
O c t o b e r , 2 0 0 7
P r o j e c t
N o .
J u r i s .
-
D e s c r i p t i o n _
P o i n t s
A w a r d e d
C o s t
C u m u l a t i v e
T o t a l
1 0 2 3
C
G r a d e S e p a r a t i o n s
2 3
$ 1 0 , 1 8 0 , 0 0 0
$ 1 0 , 1 8 0 0 0 0
1 0 0 2
C O R
T r a f f i c S i g n a l l n s t a l l a t i o n / I n t e r c o m r e c t
2 0
$ 1 , 0 8 0 , 0 0 0
$ 1 1 , 2 6 0 , 0 0 0
1 0 1 0
P D
T r a f f i c C o n g e s t i o n & D e l a y R e d u c t i o n
2 0
$ 1 , 5 6 5 , 7 0 0
$ 1 2 , 8 2 5 7 0 0
1 0 0 3
I n d i o
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e r c o n n e c t
1 9 , 5
$ 7 8 ' 9 , 6 9 0
$ 1 3 , 6 1 5 , 3 9 0 '
1 0 1 7
P D .
T r a f . C o n . , D e l a y R e d . & P e d e s t r i a n F a c .
1 8 . 5
$ 6 1 9 , 7 0 0
$ 1 4 , 2 3 5 , 0 9 0
1 0 0 6
D H S
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e r c o n n e c t
1 8
$ 4 5 7 , 6 1 0
$ 1 4 , 6 9 2 , 7 0 0
1 0 0 1
C O R
T r a f f i c C o n g e s t i o n & D e l a y R e d u c t i o n
1 7 5
$ 2 , 0 0 0 , 0 0 0
$ 1 6 , 6 9 2 , 7 0 0
1 0 1 8
P A
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e r c o n n e c t
1 7
$ 7 5 2 , 0 0 0
$ 1 7 , 4 4 4 , 7 0 0
1 0 1 2
I ' D
T r a f f i c C o n g e s t i o n & D e l a y R e d u c t i o n
1 6
$ 1 , 1 0 0 , 0 0 0
$ 1 8 , 5 4 4 , 7 0 0
1 0 2 4
P S
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e r c o n n e c t
1 6
$ 1 , 8 4 3 , 0 4 6
$ 2 0 , 3 8 7 , 7 4 6
1 0 1 1
P D
T r a f f i c C o n g e s t i o n & D e l a y R e d u c t i o n
1 5
$ 6 8 6 , 7 0 0
$ 2 1 , 0 7 4 , 4 4 6
1 0 2 8
& n i n e
T r a n s p o r t a t i o n D e m a n d M a n a g e m e n t
1 4
$ 6 6 3 , 9 7 5
$ 2 1 , 7 3 8 , 4 2 1
1 0 2 0
C C
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e m o n n e c t
1 4
$ 2 2 3 , 8 2 9
$ 2 1 , 9 6 2 , 2 5 0
1 0 1 3
P D
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e r c o n n e c t
1 3 . 5
$ 2 0 2 , 0 0 0
$ 2 2 , 1 6 4 , 2 5 0
1 0 2 5
S h i n e
P u b l i c T r a n s i t - O p . o f N e w T r a n s i t B u s S e r v .
1 2 . 5
$ 3 0 9 , 8 5 5
$ 2 2 , 4 7 4 , 1 0 5
1 0 0 7
L Q
T r a f f i c S i g n a l I n s t a l l a t i o n / I n t e r c o n n e c t
1 0
$ 1 7 7 , 0 6 0
$ 2 2 , 6 5 1 , 1 6 5
1 0 2 6
S / l i n e .
P u b l i c T r a n s i t - P u r c h a s e o f B u s e s
8 . 5
$ 7 3 4 , 7 9 9
$ 2 3 , 3 8 5 , 9 6 4
1 0 2 7
S / l i n e
P u b l i c T r a n s i t - P u r c h a s e o f B u s e s
8 . 5
$ 1 , 1 0 2 , 1 9 8
$ 2 4 , 4 8 8 , 1 6 2
1 0 1 4 *
P D
B i c y c l e F a c i l i t i e s
6
$ 3 , 1 3 5 , 0 0 0
$ 2 7 , 6 2 3 , 1 6 2
R e g . P M 1 0
S t r e e t
S w e e p . E q u i p .
$ 2 , 0 0 0 , 0 0 0
$ 2 9 , 6 2 3 , 1 6 2
P M 1 0 P r o i .
P M 1 0 S o i l S t a b i l i s a t i o n & P M 1 0 W i n d b r e a k s -
1 1
$ 3 0 1 , 0 0 0
- $ 2 9 , 9 2 4 , 1 6 2
1 0 1 6
P D
1 0 0 5
D H S
P M 1 0 P a v i n g
9
$ 3 1 4 , 3 5 3
$ 3 0 , 2 3 8 , 5 1 5
1 0 2 1
C C
P M 1 0 S o i l S t a l i l i z a t i o n
8
$ 1 3 8 , 3 9 7
$ 3 0 , 3 7 6 , 9 1 2
1 0 0 4
I n d i o
P M 1 0 V e h i c l e R e p l a c e m e n t
7
$ 2 3 3 , 2 0 0
$ 3 0 , 6 1 0 , 1 1 2
* P r o j e c t 1 0 1 4 C M A Q r e q u e s t n o t f u l l y f u n d e d , $ 5 , 1 3 5 , 0 0 0 r e q u s t .
A T T A C H M E N T 3
9
COACHELLA VALLEY ASSOCIATION OF GOVERNMENTS
CMAQ CALL FOR PROJECTS
Project # 1014
Agency:
CMAQ Request:
Project Name:
Project Description:
Project # 1026
Agency:
CMAQ Request
Project Name: _ .
Project Description:
Project# 1026
Agency:
CMAQ Request:
Project Name:
Project Description:
Project # 1027
Agency:
CMAQ Request:
Project Name:
Project Description:
Project # 1028
Agency:
CMAQ Request:
Project Name:
Project Description:
Bicycle Facilities - PARTIAL FUNDING ONLY
City of Palm Desert
$574354400 FUNDING ONLY $3,135,000
Mid -Valley Bike path
ApproX. 6.0 miles of Class 1 bike path - northern City limits between Washington Street and
north of Monterey Avenue.
Public Transit - Operation of New Transit Bus Service
SunLine Transit Agency
$309855
Fred W. aring Corridor Express Bus Service Demonstration Project
Provide limited express service from the Indio Transfer Location to the Transfer Location on
Town Center Way with senrice to the College of the Desert and limited stops along the
corridor.
Public Transit - Purchase of Buses
SunLine Transit Agency
$734,799
CNG Bus for the Fred Waring Express Bus Service
Purchase Two (2) CNG 40 foot fixed route buses for providing limited express bus service
from the Indio Transfer Location to the Town Center Way Transfer Location with limited stops •
and service to the College of the Desert.
Public Transit - Purchase of Buses
SunLine Transit Agency
$1,102,198
Low Floor CNG Bus for Comprehensive Operational Analysis (COA) Recommended Service
Purchase Three (3) CNG 40 foot fixed route buses that will be used in providing bus service
on new routes based on recommendations from the COA. The buses will be deployed on
Lines 92 and 93 in the unincorporated communities of Mecca, Oasis, and Thermal.
Transportation Demand Management
SunLine Transit Agency
$663,975
Transfer Hub/Location at SunLine's Head Office in Thousand Palms
Develop and construct a transit hub at SunLine's head office in Thousand Palms.
ATTACHMENT 4
•
191
ADDITIONAL INFORMATION
AGENDA ITEM
f
Serving the Desert Since 1977
A Public Agency
85845 CB/SM
MEMBERS: Dater Hot Epilogs Palm Springy Cathedral City Rancho Mirage
Palm Desert Indian Wells La Quinla !mho Coachella A/verskle Coon&
November 19, 2008
Cathy Bechtel
Project Development Director
RCTC
4080 Lemon Street, Third Floor
Riverside, CA 92502-2208
tecEll l "!
Nov 2 1.2[ IJ
TRANSPORTATION COMMISSION
Dear Cathy:
As follow up to our phone conversation today, I wanted to outline the concems
with the RCTC created staff report to the Budget and Implementation Committee
dated November 24, 2008 that we discussed.
The second paragraph of the staff report has some inconsistencies that may
have arisen from an attempt to summarize the long drawn out process of the
audit. 1 think that it is important that the following information be corrected:
1. SSG was not formed by SunLine to provide street sweeping. The FTA did
not want taxi regulated by SunLine, so SSG was created.
2. Although the CVAG audit cited that there were unsigned agreements and
lack of agreement provisions, that issue was raised in the CVAG audit, not
in the audit of SSG.
In addition, I think that it is important that people know the timeframe of the audit,
which covered a period from 1999 to 2004. This will show that this is a clean-up
of an old problem.
The proposed Line 54 will not go into service in January. SunLine will continue to
seek additional funds to fully fund capital projects, including utilizing Prop 1 B for
revised projects.
Sincerely,
C. Mikel Ogles
General Manag
32-505 Harry Oliver Trail, Thousand Palms, California 92276 Phone 760-343-3456 Fax 760-343-3845 www.sunline.org
"
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"
R I V E R S I D E
C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
D A T E :
N o v e m b e r 2 4 , 2 0 0 8
T O :
B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
F R O M :
T e c h n i c a l A d v i s o r y C o m m i t t e e
G r a c e A l v a r e z , S t a f f A n a l y s t
S h i r l e y M e d i n a , P r o g r a m m i n g a n d P l a n n i n g M a n a g e r
T H R O U G H :
C a t h y B e c h t e l , P r o j e c t D e v e l o p m e n t D i r e c t o r
S U B J E C T :
T r a n s p o r t a t i o n E n h a n c e m e n t A p p l i c a t i o n R e v i s i o n f o r t h e P e r r i s
V a l l e y L i n e G r e e n w a y C o r r i d o r P r o j e c t
T E C H N I C A L A D V I S O R Y C O M M I T T E E A N D S T A F F R E C O M M E N D A T I O N :
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) A p p r o v e t h e T r a n s p o r t a t i o n E n h a n c e m e n t ( T E ) A p p l i c a t i o n R e v i s i o n f o r t h e P e r r i s
V a l l e y L i n e ( P V L ) G r e e n w a y C o r r i d o r p r o j e c t ; a n d
2 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
B A C K G R O U N D I N F O R M A T I O N _
I n 2 0 0 5 , t h e P V L G r e e n w a y C o r r i d o r p r o j e c t w a s o n e o f t h e 1 8 p r o j e c t s a w a r d e d f e d e r a l
T r a n s p o r t a t i o n E n h a n c e m e n t ( T E ) f u n d s f r o m t h e 2 0 0 5 T E c a l l f o r p r o j e c t s . T h e P V L
G r e e n w a y C o r r i d o r p r o j e c t w a s a p p r o v e d f o r $ 1 , 1 1 3 , 2 1 2 o f T E f u n d s .
T h e C o m m i s s i o n ' s C o m m u t e r R a i l D e p a r t m e n t p r o p o s e d t h e P V L G r e e n w a y C o r r i d o r
p r o j e c t a s a n e f f o r t t o i m p r o v e t h e s u r r o u n d i n g a r e a s o f t h e f u t u r e c o m m u t e r r a i l s t a t i o n s
o f t h e P V L a n d m a k e t h e s t a t i o n s m o r e p e d e s t r i a n f r i e n d l y . T h e o r i g i n a l T E a p p l i c a t i o n
i n c l u d e d l a n d s c a p i n g , s i d e w a l k s , a n d f e n c i n g a l o n g W a t k i n s D r i v e n e a r t h e U n i v e r s i t y o f
C a l i f o r n i a R i v e r s i d e ( U C R ) s t a t i o n , M o r e n o V a l l e y M a r c h F i e l d s t a t i o n , a n d t h e
D o w n t o w n P e r r i s S t a t i o n . A s t h e P V L p r o g r e s s e s w i t h p r e l i m i n a r y e n g i n e e r i n g , i n c l u d i n g
t h e s t a t i o n d e s i g n p l a n s , i t h a s b e e n d e t e r m i n e d t h a t t h e p r o j e c t c a n b e i m p r o v e d b y
i n c o r p o r a t i n g p e d e s t r i a n a n d b i c y c l e a c c e s s a n d o t h e r a m e n i t i e s a t t h e s t a t i o n s i n s t e a d
o f t h e r i g h t - o f - w a y i m p r o v e m e n t s . M o r e o v e r , i t h a s b e e n i d e n t i f i e d t h a t t h e r i g h t o f w a y
i m p r o v e m e n t s a t b o t h M o r e n o V a l l e y M a r c h F i e l d a n d a t t h e P e r r i s D o w n t o w n s t a t i o n s
w i l l b e m o r e c o m p l i c a t e d t h a n p r e v i o u s l y e n v i s i o n e d . T h e r e f o r e , C o m m u t e r R a i l s t a f f i s
p r o p o s i n g m o d i f y i n g t h e e x i s t i n g P V L G r e e n w a y C o r r i d o r P r o j e c t t o r e d u c e t h e r i g h t - o f -
w a y i m p r o v e m e n t s f r o m t h e t h r e e l o c a t i o n s t o o n l y W a t k i n s D r i v e n e a r t h e U C R s t a t i o n ,
a n d t o u s e t h e s a v i n g s f r o m t h e o t h e r t w o s t a t i o n s r i g h t - o f - w a y i m p r o v e m e n t s t o
e x p a n d t h e p e d e s t r i a n f a c i l i t i e s a n d a m e n i t i e s a t a l l f i v e o f t h e r a i l s t a t i o n s , w h i c h
i n c l u d e P a l y m r i t a , U C R , M o r e n o V a l l e y M a r c h F i e l d , P e r r i s , a n d S o u t h P e r r i s .
A g e n d a I t e m 1 0
1 9 2
The new proposal would retain the right-of-way improvements along 3,000 feet of
Watkins Drive near UCR with landscaping, a pedestrian/bike path, and fencing, as well
as adding enhanced pedestrian shelters, benches, drinking fountains, information kiosks,
pathways, scenic enhancements, bike lockers, landscaping, and signage to all five
stations along the PVL. The proposed improvements would be above and beyond the
basic station concepts that are proposed in the current Federal Transportation
Administration (FTA) approved project cost estimates (no additional cost). The PVL
Greenway Corridor project scope of work change is consistent with the requirements of
the TE grant program; the TE grant and local match will not be impacted. The
anticipated start of construction for the PVL and the Greenway Corridor improvements is
FY 2009/10.
The scope of work change was unanimously approved by the Technical Advisory
Committee on October 20, 2008.
Financial Information
In Fiscal Year Budget:
N/A
Year:
FY 2009/10
Amount:
N/A
Source of Funds:
Federal Transportation Enhancement
Funds
Budget Ad ustment:
N/A
GLA No.:
N/A
Fiscal Procedures Approved:
\Pyudt
Date:
1 1 /14/2008
Attachment: Revised TE Application
Agenda Item 10
•
193
"
T r a n s p o r t a t i o n E n h a n c e m e n t ( T E ) A p p l i c a t i o n ( P S R E q u i v a l e n t )
T E f u n d s a r e f e d e r a l f u n d s a n d m u s t f o l l o w f e d e r a l f u n d i n g g u i d e l i n e s a n d e n v i r o n m e n t a l ( N E P A )
p r o c e s s e s . A l l p r o j e c t s m u s t h a v e a n a p p r o v e d e l i g i b l e a p p l i c a t i o n p r i o r t o p r o g r a m m i n g .
P A R T O N E : G E N E R A L P R O J E C T I N F O R M A T I O N
_ X _ R T I P T E
I T I P T E S H O P P T E
P R O J E C T T I T L E : G r e e n w a y C o r r i d o r P r o j e c t f o r t h e P e r r i s V a l l e y L i n e
I M P L E M E N T I N G A G E N C Y A d m i n i s t r a t o r / p e r s o n w i t h d a y -
t o - d a y r e s p o n s i b i l i t y f o r i m p l e m e n t i n g p r o j e c t ( N a m e , N l e ,
a g e n c y , a d d r e s s , p h o n e , f a x , e m a i l )
S h e l d o n P e t e r s o n
R a i l M a n a g e r
R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n
4 0 8 0 L e m o n S t . 3 ` d F l o o r
R i v e r s i d e , C A 9 2 5 0 2
( 9 5 1 ) 7 8 7 - 7 9 2 8
F a x ( 9 5 1 ) 7 8 7 - 7 9 2 0
v e t e r s o n @ r c t c . o r g
( R o u n d d o l l a r s t o n e a r e s t t h o u s a n d s )
T E F U N D S R E Q U E S T E D
R e q u i r e d L o c a l M a t c h
T O T A L T E P R O J E C T C O S T
$ 1 , 1 1 3 , 0 0 0
$ 1 , 8 3 5 , 0 0 0
$ 2 , 9 4 8 . 0 0 0
Q' T E i s a s t a n d - a l o n e p r o j e c t .
x T E i s p a r t o f a l a r g e r p r o j e c t .
l i l l i c a t i o n
J a n . 2 0 0 5
P e r s o n w h o c a n a n s w e r q u e s t i o n s a b o u t t h i s
a p p l i c a t i o n ( N a m e , t i t l e , p h o n e , f a x , e m a i l )
S h e l d o n P e t e r s o n
R a i l M a n a g e r
( 9 5 1 ) 7 8 7 - 7 9 2 8
F a x ( 9 5 1 ) 7 8 7 - 7 9 2 0
s o e t e r s o n @ r c t c . o r g
P A R T N E R ( S ) ( N a m e , t i t l e , a g e n c y , a d d r e s s , p h o n e , f a x )
I F T E I S A N E N H A N C E M E N T T O A L A R G E R P R O J E C T , D E S C R I B E L A R G E R P R O J E C T
( i f l a r g e r p r o j e c t i s p r o g r a m m e d , p r o v i d e P P N O , E A , P r o j e c t T i t l e ; i f n o t c u r r e n t l y p r o g r a m m e d , d e s c r i b e t h e p r o j e c t )
F T A C M L - 6 0 5 4 ( 0 2 0 ) ; E A : 9 2 4 5 3 2 0
P e r r i s V a l l e y L i n e R e c o n s t r u c t a n d U p g r a d e S a n J a c i n t o B r a n c h L i n e f o r r a i l p a s s e n g e r s e r v i c e ( R i v e r s i d e t o P e r r i s )
T o t a l P r o j e c t C o s t $ 1 6 8 , 0 0 0 , 0 0 0 . 0 0 ( A s s u b m i t t e d i n F T A d o c u m e n t )
P R O J E C T S C O P E O F P R O P O S E D T R A N S P O R T A T I O N E N H A N C E M E N T A C T I V I T I E S
( D e s c r i b e t h e p r o j e c t ' s l o c a t i o n , l i m i t s o f w o r k , s i z e , e t c . N o t t h e j u s t i f i c a t i o n o r b e n e f i t s ) .
T h e G r e e n w a y C o r r i d o r p r o j e c t f o r t h e P e r r i s V a l l e y L i n e ( P V L ) s e e k s t o c o n s t r u c t f a c i l i t i e s f o r p e d e s t r i a n s a n d b i c y c l e s ,
a e s t h e t i c l a n d s c a p e a n d o t h e r s c e n i c i m p r o v e m e n t s a t t h e f i v e p r o p o s e d t r a i n s t a t i o n s a n d a p o r t i o n o f t h e S a n J a c i n t o B r a n c h
L i n e ( S J B L ) c o r r i d o r . T h e o b j e c t i v e i s t o p r o v i d e e n h a n c e m e n t s a l o n g t h e S J B L r a i l c o r r i d o r b y a d d i n g s t a t i o n p e d e s t r i a n a n d
b i c y c l e a m e n i t i e s t o s t a t i o n s a n d p r o v i d i n g d e c o r a t i v e t r e e s , s h r u b s a n d w a l k w a y s a l o n g a p o r t i o n o f t h e r i g h t o f w a y . T h e
s e c t i o n i d e n t i f i e d f o r s c e n i c i m p r o v e m e n t t o t a l s 3 , 0 0 0 f t a n d i s d e f i n e d a s f o l l o w s :
W a t k i n s D r i v e ( 3 , 0 0 0 f t ) S p r u c e S t t o V a l e n c i a H i l l D r i n R i v e r s i d e
D e t a i l e d d e s c r i p t i o n o f L a n d s c a p i n g I m p r o v e m e n t s t o b e f u n d e d b y T r a n s p o r t a t i o n E n h a n c e m e n t ( T E ) G r a n t s :
" 1 M e d i u m t r e e e v e r y 1 0 f e e t
" 1 0 f o o t w i d e l a n d s c a p i n g a r e a
" H a l f o f l a n d s c a p i n g i s g r o u n d c o v e r , h a l f i s s h r u b s
" A d d b i k e / p e d e s t r i a n p a t h a l o n g o n e s i d e f o r e n t i r e l e n g t h ( C l a s s 1 )
" A d d 6 ' t a l l c h a i n l i n k f e n c e w i t h v i n y l s l a t s a l o n g W a t k i n s s e g m e n t t o s c r e e n t r a c k s
" o r a d d 6 ' t a l l d e c o r a t i v e s t e e l b a r f e n c i n g f o r s a m e s e g m e n t
D e t a i l e d d e s c r i p t i o n o f I n f r a s t r u c t u r e I m p r o v e m e n t s t o b e f u n d e d b y T r a n s p o r t a t i o n E n h a n c e m e n t ( T E ) G r a n t s :
" T h e m e d P e d e s t r i a n S h e l t e r s
" T h e m e d B u s B e n c h e s a n d W a i t i n g a r e a s
" D r i n k i n g F o u n t a i n s
P a g e 1
1 9 4
" T r a s h r e c e p t a c l e s
" R o u t e M a p D i s p l a y s / I n f o r m a t i o n a l K i o s k s
" C o m p r e h e n s i v e " t r a n s i t l i f e s t y l e " i n f o r m a t i o n k i o s k s ,
" P a v e d p e d e s t r i a n w a l k w a y s a n d l i n k a g e s
" S c e n i c e n h a n c e m e n t s t o p r o j e c t a n d i n t e r f a c e w i t h o t h e r p h a s e s
" O r n a m e n t a l f e n c i n g
" B i k e l o c k e r s / r a c k s
" L a n d s c a p i n g , r a i s e d p l a n t e r s a n d a s s o c i a t e d i r r i g a t i o n s y s t e m
" E x t e n s i v e s i t e l a n d s c a p i n g
" P u b l i c A r t / H i s t o r i c E d u c a t i o n
" d r o u g h t - r e s i s t a n t p l a n t i n g s
" S i g n a g e a n d d i r e c t i o n a l a r r o w s
" I n c r e m e n t a l c o s t s f o r c u s t o m d e s i g n e d s o l a r - p o w e r e d l i g h t i n g f i x t u r e s
" ` W i - F i " i n t e r n e t h o t s p o t s f o r s e c u r i t y a n d t r a n s i t i n f o r m a t i o n
" T h e m e d d e c o r a t i v e l i g h t i n g
N E E D A N D P U R P O S E
( D e s c r i b e h o w p r o j e c t a b o v e i s b e y o n d a s t a n d a r d t r a n s p o r t a t i o n p r o j e c t )
T h e c u r r e n t s t a t e o f t h e S J B L r a i l c o r r i d o r , i s d e s o l a t e a n d a n e y e s o r e f o r t h e l o c a l c o m m u n i t i e s . T h e G r e e n w a y C o r r i d o r
P r o j e c t w i l l t a k e a p o r t i o n n e a r t h e U C R S t a t i o n a n d t r a n s f o r m i t i n t o a g r e e n c o r r i d o r t h a t w i l l c o m p l e m e n t t h e o t h e r w i s e w e l l
m a i n t a i n e d s t r e e t s w h e r e t h e r a i l c o r r i d o r p a r a l l e l s i t . A d d i t i o n a l l y , w i t h f i v e n e w s t a t i o n s p l a n n e d a l o n g t h e P V L C o r r i d o r
a m e n i t i e s a r e n e e d e d t o a c c o m m o d a t e p r o j e c t e d p e d e s t r i a n a n d b i c y c l e p a t r o n a g e . S h e l t e r s w i l l p r o v i d e p r o t e c t i o n f r o m t h e
s u n a n d r a i n f o r t h o s e w h o w a l k , b i c y c l e o r u t i l i z e c o n n e c t i n g t r a n s i t t o a c c e s s t h e s t a t i o n . B e n c h e s w i l l a c c o m m o d a t e t h o s e
a w a i t i n g t h e i r c o n n e c t i o n s , p r o v i d i n g c o m f o r t a n d c o n v e n i e n c e f o r t h o s e w h o d o n o t d r i v e a n d b i k e l o c k e r s a n d r a c k s w i l l
f u r t h e r p r o m o t e t h e i n c r e a s i n g n u m b e r s o f c o m m u t e r s u t i l i z i n g t h i s h e a l t h y a n d g r e e n c o m m u t i n g a l t e m a t i v e . T h e s e
e n h a n c e m e n t s w i l l i n c r e a s e a c c e s s o p t i o n s t o s t a t i o n s a n d f u n c t i o n a l i t y , t h e r e b y i n c r e a s i n g r i d e r s f o r t h e P V L s e r v i c e a n d a i d e
i n c o m m u n i t y a c c e p t a n c e o f t h e P V L s e r v i c e o p e r a t i n g i n n e i g h b o r h o o d s . T h i s b e a u t i f i c a t i o n a n d f a c i l i t y e n h a n c e m e n t p r o j e c t
w i l l i n v o l v e t h e l o c a l j u r i s d i c t i o n a n d c o m m u n i t y w o r k i n g w i t h R C T C o n t h e d e s i g n a n d m a i n t e n a n c e o f t h e l a n d s c a p e a n d
s c e n i c i m p r o v e m e n t s t o p r o v i d e f o r s a f e o p e r a t i o n o f t h e r a i l r o a d c o r r i d o r w h i l e r e f l e c t i n g t h e c h a r a c t e r i s t i c s a n d c u l t u r e o f t h e
c o m m u n i t y . T h e c u r r e n t u s e o f t h e s i t e i s r a i l r o a d r i g h t o f w a y . A s s u c h t h e , o n l y r e q u i r e m e n t i s t o m a i n t a i n t h e p r o p e r t y a n d
a b a t e a n y w e e d s . W i t h t h e n e w s t a t i o n s c o n s t r u c t e d a s p a r t o f t h e P V L p r o j e c t , t h e r e w i l l b e s o m e i m p r o v e m e n t s r e q u i r e d ,
b u t b y n o m e a n s w i l l t h e p r o j e c t b e r e q u i r e d t o l a n d s c a p e p o r t i o n s o f t h e r a i l c o r r i d o r o u t s i d e o f t h e s t a t i o n a r e a s . T h i s p r o j e c t
s e e k s i m p r o v e m e n t s b o t h i n s i d e a n d o u t s i d e t h e s t a t i o n a r e a s w h i c h a r e n o t s t a n d a r d m i t i g a t i o n n o r a r e t h e y i n l i e u o f
s t a n d a r d m i t i g a t i o n r e q u i r e m e n t s .
R E L A T I O N S H I P
( T E p r o j e c t s m u s t h a v e a r e l a t i o n s h i p t o s u r f a c e t r a n s p o r t a t i o n ; d e s c r i b e r e l a t i o n t o s u r f a c e t r a n s p o r t a t i o n )
T h e P e r r i s V a l l e y L i n e p r o j e c t s e e k s t o e x t e n d M e t r o l i n k c o m m u t e r r a i l s e r v i c e f r o m R i v e r s i d e t o P e r r i s v i a M o r e n o V a l l e y
a l o n g t h e S J B L r a i l c o r r i d o r , e x t e n d i n g t h e e x i s t i n g M e t r o l i n k 9 1 L i n e , w h i c h i s p a r t o f t h e S o u t h e r n C a l i f o r n i a R e g i o n a l R a i l
A u t h o r i t y ( S C R R A ) . T h e P V L p r o j e c t a n t i c i p a t e s a t t r a c t i n g 4 , 0 0 0 d a i l y t r i p s . T h e G r e e n w a y C o r r i d o r P r o j e c t w i l l d i r e c t l y
i m p r o v e t h e f u n c t i o n a l i t y , t r a n s p o r t a t i o n a e s t h e t i c s a n d s c e n i c v a l u e o f t h e S J B L r a i l c o r r i d o r a n d i t s s t a t i o n s . T h e s e
e n h a n c e m e n t s w i l l i m p r o v e a c c e s s p o i n t s a l o n g t h e r o u t e a n d a t t r a c t a d d i t i o n a l r i d e r s t o t h e P V L s e r v i c e . T h e P r o j e c t h a s
b e e n i n c o r p o r a t e d i n t o t h e a p p r o v e d 2 0 0 8 - 2 0 1 1 R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n C o m m u t e r R a i l S h o r t R a n g e
T r a n s i t P l a n . I t i s s h o w n i n t h e R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n ( R C T C ) S u b - R e g i o n a l T r a n s p o r t a t i o n P l a n , a n d
a l s o s h o w n i n t h e S o u t h e r n C a l i f o r n i a A s s o c i a t i o n o f G o v e r n m e n t ( S C A G ) L o n g R a n g e T r a n s p o r t a t i o n P l a n .
T h e p r o j e c t i s s u p p o r t e d a n d a u t h o r i z e d b y t h e f o l l o w i n g g o v e r n m e n t a l a g e n c i e s a n d l i s t e d i n t h e i r L o c a l , S u b - r e g i o n a l ,
R e g i o n a l a n d S t a t e T r a n s p o r t a t i o n P l a n s a n d P r o g r a m s :
" R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n C o m m u t e r R a i l S h o r t R a n g e T r a n s i t P l a n ( S R T P )
" R i v e r s i d e C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n ( R C T C ) T r a n s p o r t a t i o n I m p r o v e m e n t P l a n ( T I P )
" S o u t h e r n C a l i f o r n i a A s s o c i a t i o n o f G o v e r n m e n t ( S C A G ) R e g i o n a l T r a n s p o r t a t i o n P l a n ( R T P )
" S o u t h e r n C a l i f o r n i a A s s o c i a t i o n o f G o v e r n m e n t ( S C A G ) R e g i o n a l T r a n s p o r t a t i o n I m p r o v e m e n t P r o g r a m ( R T I P )
T E A p p l i c a t i o n
J a n . 2 0 0 5
C O N F O R M A N C E
( D e s c r i b e c o n f o r m a n c e w i t h R o u t e C o n c e p t R e p o r t o r T r a n s p o r t a t i o n C o r r i d o r R e p o r t a n d D i s t r i c t S y s t e m M a n a g e m e n t P l a n -
! T I P p r o j e c t s o n l y )
N / A
"
"
P a g e
1 9 5
CONTEXT SENSITIVE SOLUTIONS
(Describe how project reflects Director's policy - ITIP projects only)
N/A
ALTERNATIVES CONSIDERED
N/A
WHICH OF THE 12 TE CATEGORIES DOES THE PROJECT ENCOMPASS? (May be more than one.)
http://www.dot.ca.gov/hcaransEnhActirransEnact.htm
Item #1. Provision of facilities for pedestrians and bicycles.
Item #5. Landscaping and other scenic beautifications.
•
OSOlaa
cation
411121005
PROJECT LOCATION MAPS
(Provide Location Map of project in State/Region and Area Specific Map)
Map of Southern California showin+ location of Perris Valley Line
L.9nc9aier
r-
9f119r9 �ne`��
Venslra' Slrni Val
t Lios Anse ..,
+ .Desert Slate'ParEscondidoI .".
El Cajon
Cali iatri
El Centro
Teoata.: "' [7..M8Xic91i
rewley"
�.NG7Mi9le ..Yu
.. Sanlu;.
Guadalape
Victoria
1
e
Page 3
196
Map showing the Perris Valley Line
and Stations
TE Applicalion
Jan. 2005
Map showing the Perris Valley Line
Greenway Corridor Location
•
•
Page
197
111 PART TWO: FUNDING
pared by: Sheldon Peterson Title: Rail Manager
Agency: Riverside County Transportation Commission Phone: 951-787-7928 FAX: 951-787-7920
PROJECT COMPONENT COSTS (round to nearest $1,000s)
RTIP ITIP SHOPP
• E&P (PA&ED) $ $ $
• PS&E $ $ $
• Right of Way Capital $ $ $
• Right of Way Support* $ $ $
• Construction Support* $ $ $
• Construction Capital $1,113 $ $
Proposed year of Construction 10/09 (MM/YY)
TOTAL PROJECT COSTS
$2,948
*Right of way Support and Construction Support are for Caltrans implemented projects only
PRELIMINARY ITEM ESTIMATE - CONSTRUCTION CONTRACT ITEMS
DESCRIPTION UNIT QUANTITY UNIT PRICE AMOUNT
ITEM
1
2
3
i4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
24" TREE
36" TREE
PALM TREE (25' TALL)
SHRUBS
GROUND COVER
PATH/PUBLIC ART
FENCE
THEMED PEDESTRIAN SHELTERS
THEMED BUS BENCHES AND WAITING AREAS
DRINKING FOUNTAINS
TRASH RECEPTACLES
ROUTE MAP DISPLAYS/INFORMATIONAL KIOSKS
"TRANSIT LIFESTYLE" INFORMATION KIOSKS
STAMPED COLORED CONCRETE
SCENIC ENHANCEMENTS (STATIC AIRCRAFT DISPLAY)
ORNAMENTAL FENCING
BIKE LOCKERS/RACKS
LANDSCAPING, RAISED PLANTERS AND IRRIGATION
EXTENSIVE SITE LANDSCAPING
PUBLIC ART/HISTORIC EDUCATION
DROUGHT -RESISTANT PLANTINGS
SIGNAGE AND DIRECTIONAL ARROWS
SOLAR -POWERED LIGHTING FIXTURES
"WI -Fr INTERNET HOT SPOTS
THEMED DECORATIVE LIGHTING
CONTINGENCY (25%)
TOTAL CONSTRUCTION CONTRACT ITEMS
EACH 1,000 $300.00 $300,000.00
EACH 300 $850.00 $255,000.00
EACH 80 $1,300.00 $104,000.00
SF 60,500 $1.80 $108,900.00
SF 60,500 $1.25 $75,625.00
SY 9,200 $45.00 $414,000.00
LF 3,000 $50.00 $150,000.00
EACH 5 $50,000.00 $250,000.00
EACH 25 $600.00 $15,000.00
EACH 5 $1,800.00 $9,000.00
EACH 25 $200.00 $5,000.00
EACH 5 $2,000.00 $10,000.00
EACH 5 $10,000.00 $50,000.00
SF 9,000 $7.50 $67,500.00
EACH 1 $50,000.00 $50,000.00
LF 2,500 $85.00 $212,500.00
EACH 25 $1,600.00 $40,000.00
EACH 30 $562.50 $16,875.00
SF 10,000 $2.00 $20,000.00
EACH 2 $25,000.00 $50,000.00
SF 10,000 $2.00 $20,000.00
EACH 50 $200.00 $10,000.00
EACH 50 $1,500.00 $75,000.00
EACH 5 $2,500.00 $12,500.00
EACH 50 $750.00 $37,500.00
$589,600.00
$2,948,000.00
J . 5
Page 5
198
MAINTENANCE (The enhancement must be maintained in a functional and operational manner as its intended purpose for the
expected life cycle for the type of project. If it is not maintained in such a manner, reimbursement of all or a portion of the
enhancement funds may be required).
Who will maintain?
RCTC has contractors for landscape maintenance and station cleaning for its train stations and will expand the contract to inclu
these areas.
What is the source of maintenance funds?
RCTC will pay for maintenance and cleaning with LTF funds.
If project is within Ca!trans right of way, must be signed by Deputy District Director, Maintenance
DDD Maintenance: Date:
TE Application
Jan. 2005
Page
199
PART THREE: ASSURANCES
• This page must be signed for the project to be considered for funding.
Project Implementing Agency possesses legal authority to nominate this transportation enhancement and to finance, acquire,
and construct the proposed project; and by formal action (e.g., a resolution) the Implementing Agency's governing body
authorizes the nomination of the transportation enhancement, including all understanding and assurances contained therein,
and authorizes the person identified as the official representative of the Implementing Agency to act in connection with the
nomination and to provide such additional information as may be required.
Project Implementing Agency will maintain and operate the property acquired, developed, rehabilitated, or restored for the life
of the resultant facility(ies) or activity. With the approval of the Califomia Department of Transportation, the Implementing
Agency or its successors in interest in the property may transfer the responsibility to maintain and operate the property.
Project Implementing Agency will give the California Department of Transportation's representative access to and the right to
examine all records, books, papers, or documents related to the transportation enhancement activity.
Project Implementing Agency will comply where applicable with provisions of the California Environmental Quality Act, the
National Environmental Policy Act, the Americans with Disabilities Act, the Secretary of the Interiors Standards and Guidelines
for Archaeology and Historic Preservation, CTC Guidelines, FHWA Transportation Enhancement Guidance and any other
federal, state, and/or local laws, rules and/or regulations.
If TE funds or projects are used for other than the intended enhancement purposes as defined by federal or state guidelines,
the implementing agency may be required to remit all state and federal enhancement funds back to the state.
I certify that the information contained in this transportation enhancement activity application, including required attachments,
is accurate and that I have read and understand the important information and agree to the assurances on this form.
• Signed Date
(TE Administering Agency Representative)
Uon
Ok5
Printed (Name and Title)
Administering Agency
Upon receiving an eligibility determination, a Project Nomination Sheet must be submitted to the District for programming.
Page 7
200
"
R I V E R S I D E
C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
D A T E :
N o v e m b e r 2 4 , 2 0 0 8
T O :
B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
F R O M :
L i s a D a S i l v a , C a p i t a l P r o j e c t s M a n a g e r
M a r k M a s s m a n , B e c h t e l P r o j e c t M a n a g e r
R o b e r t W u n d e r l i c h , B e c h t e l P r o j e c t C o o r d i n a t o r
T H R O U G H :
M a r l i n F e e n s t r a , P r o j e c t D e l i v e r y D i r e c t o r
S U B J E C T :
A g r e e m e n t w i t h U R S C o r p o r a t i o n f o r t h e D e v e l o p m e n t o f P l a n s ,
S p e c i f i c a t i o n s , a n d C o s t E s t i m a t e f o r t h e I n t e r s t a t e 2 1 5 W i d e n i n g
P r o j e c t f r o m M u r r i e t a H o t S p r i n g s R o a d t o S c o t t R o a d , N o r t h o f t h e
C i t y o f M u r r i e t a
S T A F F R E C O M M E N D A T I O N :
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) A w a r d A g r e e m e n t N o . 0 9 - 3 1 - 0 4 5 - 0 0 t o U R S C o r p o r a t i o n t o p e r f o r m
f i n a l e n g i n e e r i n g s e r v i c e s a n d p r e p a r e p l a n s , s p e c i f i c a t i o n s , a n d c o s t
e s t i m a t e s ( P S & E ) f o r t h e 1 - 2 1 5 w i d e n i n g p r o j e c t f r o m M u r r i e t a H o t
S p r i n g s R o a d t o S c o t t R o a d , n o r t h o f t h e c i t y o f M u r r i e t a , b a s e d o n t h e
a t t a c h e d p r o j e c t s c o p e a n d c o s t f o r t h e b a s e a m o u n t o f $ 3 , 3 7 2 , 1 3 9
p l u s a c o n t i n g e n c y a m o u n t o f $ 3 7 7 , 8 6 1 t o c o v e r p o t e n t i a l c h a n g e s i n
s c o p e f o r a t o t a l n o t t o e x c e e d a m o u n t o f $ 3 . 7 5 m i l l i o n ;
2 ) A u t h o r i z e t h e C h a i r , p u r s u a n t t o l e g a l c o u n s e l r e v i e w , t o e x e c u t e t h e
a g r e e m e n t o n b e h a l f o f t h e C o m m i s s i o n ;
3 ) A u t h o r i z e t h e E x e c u t i v e D i r e c t o r o r d e s i g n e e t o a p p r o v e c o n t i n g e n c y
w o r k a s m a y b e r e q u i r e d f o r t h e p r o j e c t ;
4 ) A u t h o r i z e t h e E x e c u t i v e D i r e c t o r t h e o p t i o n t o r e q u e s t a p r o p o s a l f r o m
U R S C o r p o r a t i o n t o p r o v i d e P S & E s e r v i c e s f o r t h e 1 - 2 1 5 w i d e n i n g
p r o j e c t f r o m S c o t t R o a d t o N u e v o R o a d i n t h e c i t y o f P e r r i s , i f U R S
C o r p o r a t i o n ' s p e r f o r m a n c e i s a c c e p t a b l e i n c o m p l e t i n g t h e P S & E w o r k
f o r t h e 1 - 2 1 5 w i d e n i n g p r o j e c t f r o m M u r r i e t a H o t S p r i n g s R o a d t o
S c o t t R o a d , a n d t o b r i n g b a c k a r e c o m m e n d a t i o n t o t h e C o m m i s s i o n
f o r P S & E c o n t r a c t a w a r d ; a n d
5 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
B A C K G R O U N D I N F O R M A T I O N :
A t i t s J u l y 1 1 , 2 0 0 7 m e e t i n g , t h e C o m m i s s i o n a w a r d e d A g r e e m e n t N o .
0 8 - 3 1 - 0 0 6 - 0 0 t o P o s t B u c k l e y , S c h u h a n d J e r r i g a n , I n c . ( P B S & J ) t o p r o v i d e
A g e n d a I t e m 1 1
2 0 1
preliminary engineering services, for the preparation of Caltrans project reports and
environmental documents ('PR/ED) for the proposed improvements to the 1-215
corridor, from the 1-215/1-15 interchange to Nuevo Road in the city of Perris.
The 1-215 widening project from Murrieta Hot Springs Road to Scott Road is
partially funded with Corridor Mobility Improvement Account (CMIA) funding,
which requires that the project must be awarded for construction prior to 2011.
This project is part of a larger segment of the 1-215 widening project from the
1-15/1-215 interchange to Nuevo Road. To expedite the completion of the CMIA
funded 1-215 project from Murrieta Hot Springs Road to Scott Road, the 1-215
project from Scott Road to Nuevo Road is being executed as a separate project.
PBS&J is providing separate PR/ED for each project. The PR/ED for the 1-215
project from Murrieta Hot Springs Road to Scott Road is proceeding on schedule
and is scheduled to be completed by December 1, 2008.
Selection Process
At its October 8, 2008 meeting, the Commission approved a ranked list of
consultant firms for placement on the on -call list for engineering and environmental
services for Measure A highway projects. The Commission also authorized staff to
enter into negotiations with the firms on the list as new consultant services are
required, with the condition that final contracts will be individually returned to the
Commission for approval. The first ranked firm on the approved on -call list is
URS Corporation.
Commission staff requested that URS Corporation submit a scope, cost, and
schedule proposal for the PS&E work for the 1-215 widening project from Murrieta
Hot Springs Road to Scott Road. Staff has reviewed the scope of work and cost
proposal and has completed negotiations with URS Corporation. The final scope,
cost, and schedule documents are attached. The PS&E schedule duration is 18
months.
Staff recommends that Agreement No. 09-31-045-00 be awarded to URS
Corporation to perform final engineering services and prepare PS&E for the 1-215
widening project from Murrieta Hot Springs Road to Scott Road, based on the
attached project scope and cost, for the base amount of $3,372,139 plus a
contingency amount of $377,861 to cover potential changes in scope for a total
not to exceed amount of $3.75 million.
Staff further recommends that the Commission authorize the Executive Director the
option to request a proposal from URS Corporation to provide PS&E for the 1-215
widening project from Scott Road to Nuevo Road in the city of Perris and to bring
back a recommendation to the Commission for PS&E contract award, should URS
Agenda Item 11
•
•
202
"
"
C o r p o r a t i o n ' s p e r f o r m a n c e b e a c c e p t a b l e i n c o m p l e t i n g t h e P S & E w o r k f o r t h e
1 - 2 1 5 w i d e n i n g p r o j e c t f r o m M u r r i e t a H o t S p r i n g s R o a d t o S c o t t R o a d .
W h i l e a b u d g e t a m e n d m e n t i s n o t r e q u i r e d f o r t h i s c o n t r a c t , s t a f f i n t e n d s t o
t r a n s f e r $ 1 . 5 m i l l i o n f r o m t h e p r e l i m i n a r y e n g i n e e r i n g e x p e n d i t u r e s i n c l u d e d i n t h e
F Y 2 0 0 8 / 0 9 b u d g e t f o r t h i s p r o j e c t t o f i n a l d e s i g n e x p e n d i t u r e s .
F i n a n c i a l I n f o r m a t i o n
I n F i s c a l Y e a r B u d g e t :
Y e s
F Y 2 0 0 8 / 0 9
$ 1 , 5 0 0 , 0 0 0
N / A
Y e a r :
F Y 2 0 0 9 / 1 0
A m o u n t :
$ 2 , 2 5 0 , 0 0 0
S o u r c e o f F u n d s :
S T I P - R I P & F Y 2 0 0 9 / 2 0 1 0 M e a s u r e A
B u d g e t A d
Y e s
( c o m m e r c i a l p a p e r )
u s t m e n t :
N / A
G L A N o . :
2 6 2 3 1 8 1 1 0 2 P 3 0 2 2 $ 1 , 5 0 0 , 0 0 0
2 6 2 3 1 8 1 1 0 1 P 3 0 2 2 < $ 1 , 5 0 0 , 0 0 0 >
F i s c a l P r o c e d u r e s A p p r o v e d :
��j t e . ,
D a t e :
1 1 / 1 4 / 2 0 0 8
A t t a c h m e n t s :
1 ) S c o p e o f W o r k
2 ) C o s t P r o p o s a l
3 ) P S & E S c h e d u l e
A g e n d a I t e m 1 1
2 0 3
EXHIBIT A
PS&E SCOPE OF WORN
I-215 WIDENING PROJECT
FROM MURRIETA HOT SPRINGS ROAD TO SCOTT
ROAD
ADD ONE MIXED FLOW LANE IN EACH
DIRECTION
RIVERSIDE COUNTY, CALIFORNIA
PROJECT OF161
Prepared for
Riverside County Transportation Commission
4080 Lemon Street, 3rd Floor
Riverside, Califomia 92501
November 2008
Prepared by
URS
URS Corporation
2020 East First Street, Suite 400
Santa Ana, CA 92705
(714)835-6886 Fax:(714)433-7701
204
Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
TABLE OF CONTENTS
SECTION PAGE
1. PROJECT DESCRIPTION AND ASSUMPTIONS 1
2. PROJECT SCOPE 2
3. NON-STANDARD MANDATORY AND ADVISORY DESIGN FEATURES 3
4. ASSUMPTIONS IN ADDITION TO THE PROJECT DESCRIPTION 4
FIELD INVESTIGATIONS' ERROR! BOOKMARK NOT DEFINED.
GEOTECHNICAL ENGINEERING DESIGN SERVICES ERROR! BOOKMARK NOT DEFINED.
PROJECT DELIVERY: 6
GENERAL REQUIREMENT: 6
DATA COLLECTION- 6
57. DETAILED SCOPE OF WORK 7
5.1 100. PROJECT MANAGEMENT 7
5.2 185 PLANS, SPECIFICATIONS, & ESTIMATE (PS&E) AND CONTRACT SUPPORT 9
5.3 230 ROADWAY PLANS 13
5.4 240 STRUCTURES PS&E ELEMENTS 19
5.5 250-255 FINAL STRUCTURES AND ROADWAY PS&E PACKAGE 22
5.6 265 CONTRACT AWARD SUPPORT 25
5.7 270 CONSTRUCTION SUPPORT 25
205
Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
1. PROJECT DESCRIPTION AND ASSUMPTIONS
The following scope of work is our planned effort to prepare the Plans Specifications and Cost
Estimate (PS&E) for the addition of one Mixed Flow (MF) lane in each direction between Murrieta
Hot Springs Road and Scott Road (Caltrans Project EA OF161) (the Project). The California
Department of Transportation (Caltrans) Work Breakdown Structure (WBS) is the basis for most
project tasks and will be used to link the scope, cost, and schedule components of the work effort.
The work will be performed using the current Caltrans guidance provided in documentation such as
the PDPM, HDM, CADD Manual, RTL Guide, PS&E Guide, Bridge Design documents, Standard
Plans, Standard Specifications, TMP Guide, etc. It is noted that, due to the nature of the project
scope, that the Client has requested that several Sheet types be combined on a single set of sheets.
These combinations are noted in the following scope of services. The activities listed in this scope of
work are intended to be delivered to support the 30%, 60%, 90%, and 100% reviews that are
typically used by Caltrans to review Agency lead PS&E packages. The delivery approach is
summarized in Table 1, Deliverables.
Table 1. Deliverables
W63
230.05.05
Deliverable
Title Sheep
,Sheet
Count
Milestone Delivery Points
30%
604
x
;90%
x
.100%
x
230.05.10
Typical Cross Sections
x
x
x
x
230.05.15
Key Map and Index
x
x
x
x
230.05.20
Layouts, Profiles, Superelevation, and utility
x
x
x
x
230.05.30
Construction Details
x
x
x
230.05.40
Summary of Quantity Sheets
x
x
x
230.05.55
Select Standard Plans
x
x
230.05.60
Stage Construction Traffic Handling and Detour Plans
x
x
x
230.05.65
Water Pollution Control Plans
x
x
x
230.15.05
Signing and Pavement Delineation Plans and Details
x
x
x
230.15.10
Construction Area Signs
x
x
x
230.15.15
Keller Lighting Illumination
x
x
x
230.15.20
MHS Ramp Metering Plans
x
x
x
230.25.05
Storm Water Pollution Prevention Plan (SWPPP)
x
x
x
230.30
Drama. a Plans . radm. • lans Dram . e Profiles and
-
µ,
wJ
j
j t
x
x
jj 4
x
230.35
Standard Special Provisions (SSPs)
z
x
x
230.40
240.50
Quantities & Cost Estimate
$ya q
�yh`SFt 3.�.s`,ly &?' f.t di'L.•1f`�.i},
s a
°tt _
.1:,.i
v �.
x
�,..ti:.
x
r ..
x
.n 4 ..,
Draft Structure PS&E
x
240.55
Foundation Plan
x
x
240.75
General Plan (Type Selection)
x
x
x
240.85
Structure Plans
x
x
240.90
Structures Cost Estimate and Spec Provisions
x
x
° kS.._..
n..sr a;
185.20.10
Hydrology and Final Hydraulic Reports
Draft
Final
185.20.15
Geotechnical Design Report
Draft
Final
185.20.20
Pavement Design Report
Draft
Final
185.20.25
Materials Report & Structural Section Recommendation
Draft
Final
230.20
Traffic Management Plan (TMP)
Draft
Final
230.60.05
Storm Water Data Report
Draft
Final
230.65
Resource Agency Permits
Final
235.10
Site Investigation for Hazardous Waste
235.10
ADL Report
240.80
Foundation Report
Draft
Final
pp
250
Final Structures PS&E
x
255
Final Roadway PS&E
x
260
Environmental Certification
x
1
206
Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
2. PROJECT SCOPE
The PS&E Estimate is based on the following elements for project OF161 (from Murrieta Hot
Springs Road to Scott Road):
• The existing segment of I-215, from approximately 950 feet south of Murrieta Hot Springs
Road to Scott Road, will be widened from four MF lanes (two lanes in each direction) to six
MF lanes (three lanes in each direction). The additional MF lane in each direction will be
constructed in the existing median. All six lanes will be 12 feet in width. Both directions of
flow (northbound and southbound) will typically have ten -foot wide inside and outside
shoulders. The shoulders will be reduced to an eight foot shoulder at bridge locations (see
non standard mandatory and advisory design features discussion below for details).
• Drop lanes at both the north and south ends of the project will be necessary in order to
transition from the proposed three lanes to the existing two lanes at each end of the project.
The lanes will transition away from the median to tie into the existing facility. On the north
end, the outside lane will be aligned with the existing Scott Road northbound off -ramp. On
the south end, the outside lane will be aligned with the existing Murrieta Hot Springs Road
southbound off -ramp.
• The existing lanes of 1-215 within the project limits, including the shoulders, will be overlaid
with HMA pavement.
• In areas where there is an existing crown on the roadway, the number one lane (lane closest
to the median) will be re -contoured to provide a consistent cross fall from the inside to the
outside. This extends along northbound I-215 from approximately stations 89+00 to 121 +00
and 247+00 to 270+00. In the southbound direction these areas will extend from
approximately stations 89+00 to 102+00 and 246+00 to 281+00.
• Best Management Practice (BMP) features that include modifications to the existing, or the
installation of new water quality control features, will also be included as part of the project
at select locations where identified benefits outweigh impacts.
• At the existing Keller Road undercrossing (UC) the bridges will be widened into the median
to support the new MF lanes.
• A concrete center median barrier will be installed.
• Drainage inlets within the median will be abandoned and interfering portions will be
removed. The roadside swales (BMPs) will be utilized to convey both stormwater quality
flows and peak flows, and existing flow patterns will not be altered. In the limited areas
where superelevated sections will be applicable, Department requirements for the flow,
spread and inlet spacing will be followed. These areas are limited to three locations just north
of Clinton Keith Road.
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3. NON-STANDARD MANDATORY AND ADVISORY DESIGN
FEATURES
At the time of the Draft Project Report (DPR) there are two advisory nonstandard features
associated with this alternative that are described in Table 2. These nonstandard features are
being documented for approval in a Fact Sheet for Exceptions to Advisory Design Standards.
Table 2. Advisory Design Standards
Minimum grades
HDM Section 204.3
Minimum median width
HDM Section 305. 1(1)(a)
0.3%
36 feet
From "A" Station 70+25 to Station
72+75: 0.29%
From "A" Station 258+00 to
Station 273+00: 0.125%
Throughout project limits: 22 feet
Project will maintain existing
vertical alignment
Project scope involves inside
widening only and no outside
widenin.
At the time of the DPR there are six mandatory nonstandard features associated with this alternative
that are described in Table 3. These nonstandard features are being documented for approval in
a Fact Sheet for Exceptions to Mandatory Design Standards.
Table 3. Mandatory Design Exceptions
f: ,.5 d .
tid t4i>XiD s' n`
Excepttun
• •. y
Sfa4►darrl ��'
?, A� 2 £ � t'Fdn
i ei � � +r ��
�. r s k
.. �tY t^ l� �f2;
TR'�'$11� fDfy.@i'e�ri'�
D,
Horizontal Stopping Sight
Distance
HDM Section 201.1
930'
For R=6037', "A" Sta. 148+36.84
to Sta. 183+51.54 southbound,
clearance = 10' and will not meet
SSD
For R=2963', "A" Sta. 208+70.92
to Sta. 224+64.86 northbound,
clearance = 10' and will not meet
SSD
Project will maintain existing
horizontal alignment and
includes inside widening only
Curve Radius
HDM Section 203.2
3900'
R=2963',
"A" Sta. 208+70.92 to Sta.
224+64.86
Project will maintain existing
horizontal alignment
Shoulder Width
HDM Section 302.1
10
7'-1" to 10' left shoulders at
Murrieta Hot Springs Road, Los
Alamos Road, Clinton Keith
Road, and Scott Road OCs;
9'-3" right shoulders at Keller
Road UC
Project scope involves inside
widening only and no outside
widening
Horizontal clearances
HDM Section 309. 1(3)(a)
Equal to
standard
shoulder width,
= 10'
T-1" to 10' to concrete barrier
protecting median bridge
columns at Murrieta Hot Springs
Road, Los Alamos Road, Clinton
Keith Road, and Scott Road OCs,
9'-3" to right bridge railings at
Keller Road UC
Project scope involves inside
widening only and no outside
widening
Vertical clearances for local
facilities
HDM Section 309.2(1)(c)
15' over traveled
way
14'-11" over Keller Road
(at Keller Road UC)
Project scope does not include
bridge replacement for local
street improvements
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4. ASSUMPTIONS IN ADDITION TO THE PROJECT DESCRIPTION
The following additional assumptions have been made with regard to the proposed project.
1. The Duration of the project to deliver the completed PS&E package is assumed to be 18
months. One PDT meeting and one status meeting between PDT meetings is provided within
the Project Management budget for each of the 18 months of service provided. Support for
technical meetings will be provided as required.
2. GAD and Fact Sheet (Advisory and Mandatory) approvals and any needed modifications will
be addressed under the PANED scope of work. The scope of work included in this estimate
assumes that the 1st draft GAD and Fact Sheet submittal will remain the project approach
and that the GAD will be approved no later than two months after NTP for the PS&E.
3. All roadway improvements will be constructed within the existing median.
4. There are no noise walls or retaining walls required.
5. No utility work or right of way acquisition is anticipated under the Proposed Build
Alternative and no utility coordination or separate utility sheets will be required. Utility
locations will be shown on the layout sheets. At this time we believe that the utilities are
sufficiently removed from the work area such that potholing should not be required.
6. The Keller Road Undercrossing is the only structure to be modified and the only
modification is a widening of the structure to fill the current gap between the left and right
bridges. It is further assumed that seismic retrofit will not be required for the existing
structure.
7. There are no modifications or improvements of the ramps and structures for the interchanges
within the project limits.
8. Additional typical cross sections will only be required where changes to the structural section
occur.
9. It is assumed that the Project Report (PR) and Environmental Document (ED) will be
approved by December 2008 and that no major modifications will be required during PS&E.
10. The BMP approach discussed and shown in the set of project documentation approved with
the April DPR and May IS/MND will be the approved BMP approach.
11. The existing drainage system will be maintained with the exception of the removal of any
drainage systems in the median.
12. No planting, landscape or irrigation plans will be required_
13. No material sites will be required for the project.
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14. No electrical modifications or improvements for signals, ramp meters, loops, etc. will be
required with the exception that pedestrian lighting is assumed to be required for the Keller
Road UC after it is widened, and ramp meters are proposed at Murrieta Hot Springs Road.
15. The current mapping developed under the current contract will be adequate.
16. Plans will be in English units.
17. There are no hazardous waste issues that will have to be addressed or worked around.
18. No costs are currently included for any permit fees or utility or agency processing fees.
19. Any costs requested by the utility companies for their involvement with the project or utility
location work requested to support the project is unknown and not included in this estimate.
20. US Fish and Wildlife approval will be obtained as part of the PA&ED activities and no
additional work is anticipated.
21. Allowable period for lane and shoulder closures (for drilling operations) on I-215 mainline is
9:00 am to 3:00 pm.
22. This scope and cost assumes that, if required, no difficulties in identifying appropriate
mitigation sites and/or banks will occur during the permit processing.
23. No Consultation for special status species will be required.
24. Any wetland impacts identified will remain at less than 0.5-acre and that a Nationwide 404
permit will be appropriate.
25. The jurisdictional waters will remain primarily as shown in the Natural Environment Study
(NES) that was prepared for the proposed project and those discrepancies will result in a
change in acreage of no more than ten percent for federal and state waters.
26. Based upon the information in the NES, it is assumed that the project would be processed
under the USACE Nationwide Permit Program (NWP). This approach is expected to involve
authorization of NWP 14 — Linear Transportation Projects. NWP 14 authorizes the
improvement of linear transportation projects, provided that the impacts to jurisdictional
waters do not exceed 0.5-acre.
27. If project impacts to jurisdictional waters exceed the USACE NWP thresholds, or if the
District Engineer determines that the project would result in a significant adverse impact to
the aquatic environment, then an Individual Permit (1P) would be required. Preparation of an
IP is not included in this scope of work.
28. InRoads cross sections, as generated by the program, will be provided for the Resident
Engineer File. These cross sections will be cut every 50 feet and will show a rough OG line
and proposed surface. It is assumed that no improvements or betterments to the output files
of the InRoads generated cross sections will be required.
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29. It is assumed that any grading information can be shown on the drainage sheets and that
separate grading sheets will not be required.
30. Stage construction and traffic handling can be combined and can be shown with one set of
layout sheets with appropriate typical sections.
31. It is assumed that the roadside signs, signing and striping can be shown on the pavement
delineation sheets.
32. Ramp meters will be required at the Murrieta Hot Springs Road On Ramps (4 locations).
Two electrical sheets will be assumed for each location required.
33. No RCTC bid period or construction support is assumed with this scope of work.
34. RCTC will provide a clear description and project/property (i.e., study area) boundaries. The
Project "Study Area" includes no more than 300-acres.
35. If possible, RCTC will provide a conceptual site plan on an aerial base that is geographically
referenced.
36. RCTC will provide authorization and assist URS in arranging access for site reconnaissance,
if necessary.
37. This scope does not include any formal Federal or California Endangered Species Act
consultation or special status species focused/protocol level surveys.
38. This scope does not include creation of a compensatory mitigation plan for the Project.
39. If needed, RCTC can provide a current National Pollution Discharge Elimination System
Permit and Storm Water Pollution Prevention Plan that details water quality management
measures that ensure that authorized work does not result in water quality degradation.
PROJECT DELIVERY:
The proposed schedule is attached as Exhibit X and includes a 16 month duration for project
completion.
GENERAL REQUIREMENT:
The consultant is expected to prepare all reports, studies and plans to meet all requirements of all
oversight agencies, including, but not limited to Caltrans. RCTC staff will provide overall project
coordination, and will handle administrative and policy matters. Caltrans and the County of
Riverside will provide oversight, guidance and interpretation on matters relating to State, County
and City policies and regulations.
DATA COL,S.C1 ION:
The project will involve the review and assimilation of a large amount of existing data, and the
generation of new data. The consultant will determine what data sources are necessary to gather,
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and by what date and to prioritize the gathering of that data. RCTC expects that the consultant will
make the best use of existing data to minimize waste and duplication of work efforts.
40. DETAILED SCOPE OF WORK
This section provides our assessment of the work tasks outlined in the Statement of Work and
illustrates our understanding of the relationship between the work task items and the role the
individual tasks play with respect to achieving the projects goals, meeting the client's expectations,
and the methodology proposed for accomplishing the work. No tasks have been deleted from the
Statement of Work provided by RCTC. In addition, where any "Guidance" has been identified,
these documents will be followed in the performance of our work.
5.1 100. PROJECT MANAGEMENT
100.15.05 PROJECT INITIATION
The Project Initiation activities will be performed under this activity. This will be a follow-on to the
previous contract to prepare the PANED for the Project. The team members will be assembled and
briefed on the project goals and objectives and the work plan will be fine tuned.
100.15.10 PROJECT MANAGEMENT EXECUTION AND CONTROL
This process includes coordinating people and other resources to carry out the plan, and ensuring
that the PS&E component objectives are being met by monitoring progress and taking corrective
action, when necessary. In addition, this activity will address the planning of and attendance at the
monthly Project Development Team (PDT) meetings, trend meetings, technical meetings, and
agency coordination meetings.
The Consultant will maintain ongoing liaison with the RCTC Project Manager and other affected
agencies to promote effective coordination during the course of project development. The Consultant
will hold a kick-off meeting with RCTC to confirm the project scope, establish the lines of
communications, and set a schedule for project coordination meetings and technical reviews. The
kick-off meeting will address the start-up activities to initiate the elements of work. Eighteen (18)
monthly PDT meetings will be held to review progress of the project development and to resolve any
issues and concerns for Project OF161. In addition to the PDT meetings, eighteen (18) trend
meetings are assumed to cover the duration of the project.
Additional coordination meetings with RCTC and other representatives from affected agencies will
be held throughout the 18 months. The Consultant will prepare a meeting agenda and minutes for
each significant meeting and have these available for review within five (5) working days following
the meeting.
The Consultant will ensure that all work products conform to all applicable standards and policies.
The Consultant will prepare and monitor the project budget and schedule. Monthly progress reports
with an updated Critical Path Method (CPM) schedule will be prepared.
This task also includes the oversight and monitoring of the subconsultants included in the contract as
an extension of the URS staff.
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SUBTASKS:
• Status of the project including reporting work results and updating project information.
This task includes updating and revising the work plan during PS&E component execution.
• Communication and distribution of project records and information including responses to
all internal and external requests for information about the project.
■ Performing Quality Assurance/Quality Control (QA/QC)
• Executing Quality Management Plan
■ Executing Communication Management Plan
■ Monitoring Risk Management Plan
■ Executing Change Control as required
■ Subconsultant Administration
Deliverables:
■ Project records, using Caltrans Uniform File System
■ Preparation of meeting agenda
■ Preparation of meeting minutes
• Project management for 18 months for Project OF1 61
■ CPM master schedule
■ Monthly schedule updates and progress reports
• Monthly invoices
100.15.12 PROJECT MEETINGS
This task includes support for the Project Development Team meetings, the Project Status
Meetings, and Technical Meetings up to the funding levels provided.
Deliverables:
• Up to 18 PDT meetings along with agenda, meeting minutes and support
• Up to 18 Project status meetings along with agenda, meeting minutes and support
■ Technical meetings as required
100.15.15 PROJECT CLOSEOUT
This task includes the process of formally bringing the PS&E component to an end.
■ Finalize any open action items
■ Closeout project filing system
• Sponsor, team, and stakeholder evaluations of the PS&E component
• Document lessons learned
■ PS&E component closeout report Deliverables:
• Lessons learned memorandum
• Archived records
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100.15.20 QA/QC PROGRAM
This activity will include all of the labor related to execution of the project QA/QC program
that will be established to support the Project QA/QC activities.
Deliverables:
• Checklists and report forms consistent with the project QA/QC program
■ Corrective action recommendations, if appropriate
5.2 185 PLANS, SPECIFICATIONS, & ESTIMATE (PS&E) AND CONTRACT
SUPPORT
185.10 ENGINEERING SURVEYS
Produce the mapping and survey control necessary for PS&E. This supplements the mapping and
control surveys that was produced for the Project Report stage.
The following scope of work is for surveying services along I-215 between Murrieta Hot Springs
Road and Scott Road (approx. 7.8 miles) in support of the inside widening project you are pursuing.
This proposal is based upon all tasks being authorized at the same time for the same mobilization
period.
185.10.50 CONTROL SURVEYS
Horizontal and Vertical corridor control will be established along the 6-mile corridor and will be tied
into the North American Datum of 1983 (NAD83 NSRS 2007) and the North American Vertical
Datum of 1988 (NAVD88). Existing monuments will be utilized where available and brass
cap monuments will be set where no suitable monuments exist. Approximately two to three
monuments per mile will be established with Caltrans 2nd order GPS methods, digital
levels will be utilized to establish the vertical component.
The GPS and digital level data will be downloaded, processed and adjusted. A final report will be
prepared which will include a written report, the final adjusted coordinates, calculations and
adjustment listings, and copies of the survey field notes.
It is assumed that the survey control for this project was performed by David Evans & Associates
(DEA) and will be provided by either DEA or the client. Psomas will verify the existing control and
densify the control network using a combination of GPS and conventional methods. We will report
the results of the verification survey prior to commencing any further survey work.
Deliverables:
• Draft Survey Control Report
• Final Survey Control Report
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185.10.60 ENGINEERING SURVEYS (INCLUDES DRAINAGE INLETS/OUTLETS, ETC.)
Design topographic surveys will be performed as requested by the engineering team. Drainage
features, bridge structures, walls, surface visible utilities and other surface visible structures will
be located with field survey methods.
The engineering surveys will utilize both conventional survey methods and 3D Laser Scanning
(HDS) as described in 185.10.70. The method to be used will be determined by the survey
team based on field conditions and the type of information requested from the engineering team.
The topographic survey information will be downloaded, processed and plotted at a scale of 1 "=50'
and will be incorporated with the aerial mapping obtained during the PA/ED phase. The
final data will be delivered in a Microstation v8 format.
Field surveys will be performed along the inside shoulders of the north and southbound I-215
freeway at 50-foot intervals to locate the existing edge of travelled way (ETW) at 1,500 feet/day.
We will utilize reflectorless technology to perform this work in order to maintain safety and
efficiency. If other methods are required, shoulder or lane closures may be required. However, it is
our goal to perform this work without any closures.
Psomas will survey and locate existing drainage structures within the existing freeway median. Such
features may include drop inlets, catch basins, ditches, headwalls, storm drain lines, etc. This
proposal assumes that there will be one feature every 1000 feet along the 7.8 mile alignment, or 40
features total
Psomas will survey and locate the existing inside ETW on each existing bridge at Keller Road.
Points will be measured at 10-foot intervals.
As the fieldwork is completed, we will process the field work and prepare a point plot of the survey
data. Features will be shown and labeled with their respective elevation and description.
Deliverables include the related CADD and ASCII point files in digital format.
Deliverables:
■ Engineering Surveys in Microstation V8 format
185.10.70 PAVEMENT ELEVATION SURVEYS USING MOBILE HDS SCANNING
This work is now assumed to be done under the PA&ED scope of services.
185.20 ENGINEERING REPORTS
The following reports will be prepared for the design phase of work.
185 .20.10 HYDROLOGY AND HYDRAULIC REPORT
Based on the final drainage design, the Hydrology and Hydraulic Report will be updated.
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Deliverables:
• Draft Hydrology and Hydraulic Report
• Final Hydrology and Hydraulic Report
185.20.15 GEOTECHNICAL DESIGN REPORT
A Geotechnical Design Report (GDR) will be prepared to describe the project setting and describe
any design features that involve geotechnical investigations and engineering geology. The GDR will
be prepared in accordance with the Caltrans Guidelines for Preparing Geotechnical Design Reports
(2006).
The Engineer will conduct a site specific geotechnical investigation and prepare a report to present
recommendations with respect to bridge foundations, pavement structural sections and earthwork.
Engineer will perform the following tasks:
a. Review existing data and any monitoring well data from adjacent areas. Reconnoiter the site
to observe existing conditions and determine proposed exploration locations.
b. We will prepare a Health and Safety plan for use by field personnel during site investigation
activities. The plan will include a map identifying the approximate boring location, boring depth,
existing facilities, underground and above ground utilities. The plan will include a tabulation of
borings by type, number of samples, sample depths, and summation of borings by type.
c. Drill, log, and sample approximately 68 hollow -stem auger borings with depths ranging from
5 to 70 feet. Two borings for the bridge will be advanced to 70 feet, or until refusal, at the support
location. Six borings used for potential sign structures will be drilled to an average depth of 40 feet.
The remaining 60 borings for pavement subgrade investigation will be drilled to a depth of 5 feet
and spaced at 500 feet intervals at the median along the project alignment. Specific locations and
sample depths of proposed borings will be finalized during the field investigation. Typically,
samples will be collected at 5 feet intervals using either a Standard Penetration Test (SPT) Sampler
or a Modified California Sampler. We assumed that the on -site soils are not contaminated and the
borings can be backfilled with soil cuttings. The upper five feet of the borings will be backfilled with
grout and surfaced with cold -patched asphalt. Excess cuttings will be spread thinly at the site.
Obtaining County encroachment permits and coordination with County inspection staff is assumed.
It is assumed that this is a prevailing wage project. It is assumed that traffic control will be needed
for the field exploration. Obtaining other permits, or insurance is not considered in the geotechnical
scope.
d. Deflection study of the existing pavement sections will be performed.
e. Test soil samples in the laboratory to evaluate index, strength, consolidation, and corrosive
properties of the site soils.
f. Preliminary design memorandum to be included with the bridge type selection package.
At each milestone all elements of a project will be addressed at an appropriate level. Generally, the
reports will summarize soil and groundwater conditions including boring logs and laboratory test
results, recommendations for earthwork, pavement structure sections, temporary shoring, seismic
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parameters, and construction considerations. Foundation type and capacities and Log of Test Boring
Sheets for the bridge widening will be included in the Draft and Final Foundation Reports.
Seismic criteria for the project will be based on current Caltrans Seismic Design Criteria (2006).
Deliverables:
• Draft GDR
• Final GDR
185.20.20 MATERIALS REPORT
Materials Report will provide recommendations for new pavement structural sections and address
soil corrosivity. The Materials Report will be prepared in accordance with Topic 114 of the Caltrans
Highway Design Manual and CT 130.
1. Draft Materials Report in accordance with Highway Design Manual Topic 114 (2008), Draft
Geotechnical Design Report in accordance with Caltrans Guidelines for Preparing Geotechnical
Design Report (2006) and Draft Foundation Report in accordance with Caltrans Guidelines for
Structures Foundation Reports (2006) to be completed during the Intermediate Design Milestone and
submitted with the 65% design package.
2. Final Materials Report, Final Geotechnical Design Report and Final Foundation Report to be
completed during the Final Design Milestone and submitted with the 100% design package.
Deliverables:
• Draft Materials Report
• Final Materials Report
185.25.30 UTILITY COORDINATION
No utility conflicts have been identified. No utility related activities are included in this scope of work.
The utility locations obtained from the PA&ED phase will be shown on the layout sheets only.
Deliverables:
■ Utility locations shown on the layout sheets.
185.30.10 SITE PLANS FOR BRIDGES
This task includes the completion of the Bridge Site Data Submittal form and attaching all required
background information with the form. In addition to the requested information, any special
circumstance or important information will be noted and included.
SUBTASKS:
• Collect and calculate required information
• Prepare site plan drawings
• Prepare Bridge Site Data Submittal form
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• Complete, when necessary, the "special circumstance/important information" section of the
bridge site submittal form.
Deliverables:
Draft and Final Bridge Site Data Submittal form.
200.10 UTILITY AND MONUMENTATION
200.10.05 UTILITY LOCATIONS (POTHOLING)
Currently assumed not to be required. No utility coordination including potholing for high risk
utilities is included with this scope of services.
Deliverables:
• None at this time
220.05.25 MONUMENT PERPETUATION &[ RECORD OF SURVEY
A Record of Survey will be prepared for the control established under section 185.10.50 described
above. The purpose of this record of survey will be to document and the newly established corridor
control for future engineering and construction activities. The record of survey will be prepared in
accordance with the Califomia Land Surveyor's Act and recorded with the County of Riverside. The
agency fees associated with this map have been estimated at $5,000 and have been included in this
proposal as a reimbursable expense.
Deliverables:
• Record of Survey submitted to the County of Riverside for recordation.
5.3 230 ROADWAY PLANS
Includes all activities, from the base maps (skeletons), such as design, delineation, field reviews, and
internal/external coordination (see sub -tasks) necessary to develop draft roadway plan sheets for the
construction contract. Each of the Subtasks listed below will be prepared, checked, and assembled
for the 30%, 60%, 90%, and 100% submittals pursuant to the schedule shown in Table 1.
SUBTASKS:
• Title Sheet
• Typical Cross Sections
• Key Map and Line Index
• Roadway Layouts, utility locations, Profile and Superelevation Sheets (combined on one set
of sheets)
• Construction Details
• Summary of Quantities Sheets
• Standard Plans Selection
• Stage Construction and Traffic Handling Plans combined on one set of sheets
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• Water Pollution & Erosion Control Plan
• Signing and Pavement Delineation Plans combined on one set of sheets
• Construction Area Signs
• Electrical Plans (Keller pedestrian lighting)
• Murrieta Hot Springs Road Ramp Meters (4 locations)
• Drainage Plans & Contour Grading Plans combined on one set of sheets
• Draft Specifications
• Draft PS&E Quantities and Estimates
The above deliverables will be submitted as shown in Table 1 at the following milestones:
• 30% PS&E Submittal
• 60% PS&E Submittal
• 90% PS&E Submittal
• 100% PS&E Submittal
230.20 TRANSPORTATION MANAGEMENT PLAN
This effort includes all activities necessary to update and develop the project's Transportation
Management Plan to accompany the project PS&E. The consultant will utilize the TMP data sheet
developed for the Final PR to perform all TMP of the construction project and provide
recommendations on how construction staging and MOT should be performed as well as the cost
associated with recommended strategies. Our work effort will insure that the facility proposed will
provide adequate operations during construction with a minimal disruption of traffic in the work
zone.
SUBTASKS:
• Itemize capital outlay costs
• Identify SSPs to be included in contract document
• Coordinate major closures with local agencies to determine impact on this project
• Refine/finalize traffic contingency plan pending contractor's contingency plan
• Update TMP/lane closure database
Deliverables:
Draft and Final Transportation Management Plan (including its plans, specs, and estimates)
230.25 UTILITY PLANS
A separate set of utility plans is not included in this scope of work. The utility locations will be
shown on the layout sheets.
Deliverables:
None
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230.30 DRAINAGE PLANS
All activities, (such as design, delineation, field reviews, and intemal/external coordination) (see
sub -tasks) necessary to develop draft drainage plan sheets for construction contract.
Deliverables:
• Drainage Plans for PS&E delivered per Table 1
230.35 DRAFT SPECIFICATIONS
Activities necessary to develop the project draft Special Provisions.
Deliverables:
• Specifications ready for PS&E delivered per Table 1
230.40 DRAFT PS&E QUANTITIES AND ESTIMATES
Includes all activities necessary to develop project quantities and estimates.
Deliverables:
• Draft Quantities and Estimates ready for PS&E delivered per Table 1.
230.60.05 UPDATED STORM WATER DATA REPORT
The Storm Water Data Report prepared for the PA&ED phase of work will be updated pursuant to
Project Planning and Design Guide (PPDG); Section 7; Appendix E.
DELIVERABLES:
Draft Storm Water Data Report
Final Storm Water Data Report
230.65 PERMITS
This scope of work (SOW) was developed to disclose and evaluate biological resources , common
and special status species , and prepare a discrete suite of discretionary permit applications to
facilitate Project implementation (e.g. Clean Water Act [CWA] Section 401, 404 and California
Department of Fish and Game Code [CDFC] 1600 permitting). For the purposes of this SOW, the
Project's study area is assumed to include no more than 300 acres.
230.65.05 401, 404,1602 PERMITS
All work during PS&E Development involved in obtaining permits, including: Discussions and
negotiations with the permitting agency. Preparation of the permit and attachments such as exhibits,
maps, etc.. Submittal of the permit application. The permits anticipated to be needed for this project
and covered under this scope of work are:
1. Regional Water Quality Control Board 401 Permit
2. ACE 404 Permit
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3. Department of Fish & Game 1602 Permits
Literature Review - Rapid informal review of resource databases, local resource management plans,
aerial photos, and any other readily available commercial data to determine the locations and types
of biological resources that have the potential to exist in the Projects 300-acre study area. The above
referenced literature review will support the development of all written deliverables within this
SOW.
Special Aquatic Resource Area Preliminary Jurisdictional Determination And Update Report - The
300-acre study area will need to be delineated pursuant to the substantive provisions of the: United
States Army Corps of Engineers (USACE) Wetland Delineation Manual (Environmental Laboratory,
1987); Lichvar and Wakeley's (2006) Interim regional supplement to the USACE Wetland
Delineation Manual Arid West Region Direction on Delineating Arid Streams; the USACE and
Environmental Protection Agency's (EPA) June 2007 issued CWA Jurisdiction Following the U.S.
Supreme Court's Decision in Rapanos v. United States & Carabell v. United States guidance
document; and those analysis tools detailed in A Field Guide to Lake and Streambed Alteration
Agreements Sections 1600-1607 (Environmental Services Division, 1994). As such, a pedestrian -
based field survey will be conducted and available data (including aerial photographs and United
States Geological Survey [USGS] maps) will be reviewed. It is anticipated that differences in terrain,
vegetation density, private property, topographic relief, and so forth will allow two biologists to
complete the field determinations in five (5) calendar days.
The study area is assumed to include no more than ten (10) unique special aquatic resource areas.
Additionally, the field survey results will be synthesized into a technical report. The report will be
suitable for submittal to the USACE, CDFG and the RWQCB, for discretionary permitting purposes.
The report will quantify and enumerate a breakdown of wetlands, non -wetland waters of the U.S.,
waters of the State, and other sensitive riparian areas within the study area boundaries. The report
will include: a description of study methods; background information on discretionary permitting of
special aquatic resource areas; a description of vegetation, soils, and hydrology within the study area
pursuant to aforementioned methodologies; maps depicting the field survey results; and USACE
field data sheets from sampling locations.
RWQCB SECTION 401 WATER QUALITY CERTIFICATION NOTIFICATION:
A written request for 401 notification water quality certification will be prepared and submitted to
the RWQCB for review. Upon formal notification, an agreement should be forthcoming within 60-
90 days of completion of the CEQA process or application submittal, whichever occurs later.
The request will include a detailed project description, a description of proposed impacts, and
identification of project -specific BMPs, the CEQA Notice of Determination, the conceptual
mitigation plan, and a completed notification form.
ACE 404 Permit:
JURISDICTIONAL DELINEATION UPDATE
URS will conduct a field visit to compare existing field conditions with the maps provided in the
delineation report and document any changes to jurisdictional features within the project boundary
since the wetland delineation was prepared for the project. During the field visit, we will determine
the U.S. Army Corps of Engineers (USACE) jurisdiction using the presence of an ordinary high
URS 16
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Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
water mark and the methodology in the USACE 1987 wetland delineation manual. This
methodology requires that a jurisdictional wetland must contain hydrophytic vegetation, hydric soils,
and appropriate hydrology. Califomia Department of Fish and Game (CDFG) jurisdiction will be
determined by the presence of hydrophytic vegetation, the location of a definable bed and bank, and
the presence of associated wildlife or fish resources. The limits of jurisdiction will be mapped at an
appropriate scale (1 inch = 200 feet) if there are any differences found. Civil surveys of any
delineated areas are not covered in this scope of work.
URS will prepare a jurisdictional delineation update letter report to describe any changes in existing
conditions and provide analysis of potential project impacts on jurisdictional features based upon the
preliminary design plans, if any such differences are noted.
Pre -Application Consultation with Agencies
Following the jurisdictional delineation update, URS will initiate contact with the concerned
agencies (USACE, CDFG, and the Regional Water Quality Control Board) to provide preliminary
project information, solicit concerns, and discuss the requirements and timing associated with the
regulatory permits. All effort will be made to conduct the pre -application consultation at a project
site meeting. However, depending upon resource agency staff workload and availability, such
contact may consist of a project team conference call or written communication.
The request for Nationwide Permit (NWP) generally includes:
1. Detailed description of the proposed project, including grading plans provided by the
Applicant.
2. Detailed description of the jurisdictional areas to be impacted by the proposed project. (This
is generally accomplished by submittal of the delineation report.)
3. Discussion of approvals and certifications being obtained from other federal, state, or local
agencies.
4. Conceptual Restoration plan, if required (assumed not required for the proposed project).
5. The Streambed Alteration Notification package submitted to the California Department of
Fish and Game (CDFG).
6. The request to the Regional Water Quality Control Board (RWQCB) for water quality
certification (or a waiver thereof).
7. The request to the State Historical Preservation Office (SHPO) for information regarding the
potential presence of historical properties and the cultural resource report submitted to the Applicant
in response.
8. The request to the USFWS for a list of all sensitive species potentially present in the project
site and the special -status species survey report submitted to the Applicant in response.
CDFG 1602 Streambed Alteration Agreement:
A § 1602 Streambed Alteration Notification will be prepared and submitted to the CDFG for review.
The request will include a detailed project description, a description of proposed impacts, the CEQA
Notice of Determination, and completed notification forms. CDFG will be able to complete the draft
agreement within 60-90 days.
URS
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COORDINATION OF PROCESSING
The resource agency notifications will be coordinated with the USACE, RWQCB, and CDFG
throughout processing to ensure that any potential issues are made known to the project team and
resolved at the earliest possible opportunity. Coordination may include telephone, email, or written
correspondence, or meetings with the agencies.
CWA SECTION 401, 404 AND CDFC 1600 (ETSEQ) PERMIT APPLICATIONS
Since special aquatic resource areas are assumed to exist within the 300-acre study area, and Project
implementation will likely adversely impact them, accordingly, the completion of CWA Section
401, 404 and CFGC 1600 (et seq) discretionary permit applications and approvals will be needed.
URS will prepare and submit a USACE CWA Section 404 NWP application package (pending
review of fmal design specifications and applicant's willingness to implement specific programs to
avoid, or minimize adverse effects to special aquatic resource areas). The NWP Program provides
applicants with a streamlined USACE evaluation and approval process for certain types of activities
that have minimal impacts to jurisdictional aquatic environments. URS will seek to facilitate
authorization of intrusive activities within USACE jurisdictional aquatic environments pursuant to
NWP terns and conditions. If this permitting strategy is feasible, it will significantly reduce the
federal permit processing time and expense. Furthermore, with the issuance of the NWPs, the
California RWQCB has determined that individual 401 water quality certifications are required for
most nationwide permits. To that end, URS will submit a CWA Section 401 Water Quality
Certification Application to the RWQCB (if needed). The USACE will not grant authorization until
the water quality certification has been obtained or has been waived. A water quality certification is
issued by the RWQCB that states that the applicant will comply with all pertinent water quality
standards (both federal and state).
Additionally, Pursuant to Division 2, Chapter 6, Sections 1600-1602 of the CFGC, CDFG regulates
any proposed activity that may substantially modify, divert, obstruct, or changes to the flow or bed,
channel, or bank of any river, stream, or lake, which supports fish or wildlife (see also
http://www.dfg.ca.gov/1600/). Pursuant to the California Code of Regulations (CCR), CDFG defines
a "stream" (including creeks and rivers) as "a body of water that flows at least periodically or
intermittently through a bed or channel having banks and supports fish or other aquatic life. This
includes watercourses having surface or subsurface flow that supports or has supported riparian
vegetation." CDFG's definition of "lake" includes "natural lakes or man-made reservoirs." CDFG
jurisdiction within altered or artificial waterways is based upon the value of those waterways to fish
and wildlife. As such, a CDFG streambed alteration agreement will be required for Project
implementation. URS will prepare and submit a notification and application package to CDFG, for
CFGC 1600 (et seg) compliance. The CFGC 1600 compliance package will include a project
description, maps showing project location, construction plans and drawings pertaining to the
Project.
Agency Coordination - Project staff will informally consult/correspond with the applicable
regulatory agencies as needed (e.g., CDFG, USACE, and RWQCB) to identify potential data
requirements, mitigation, minimization, and avoidance measures that may be needed to implement
the Project. The development of this shared vision between the Applicant and the regulatory
agencies will assure that this Project is implemented with efficient regulatory collaboration.
tiRS 18
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Provide Plans, Specifications and Estimates
For the L-215 from Murrieta Hot Springs Road to Scott Road Widening Project
At present, the extent of discretionary permitting are not completely certain because final design
specifications and the Applicant's willingness to implement specific programs to avoid, or minimize
adverse effects to biological resources have not yet been thoroughly developed. As a result, the
extent of discretionary permitting and mitigation is still somewhat ambiguous. Nonetheless, it will
undoubtedly remain necessary for the Applicant. Additionally, this informal consultation will foster
and maintain successful working relationships as the Project moves ahead.
Deliverables:
• Attendance at four (4) permit related meetings by the project delineator and biologist.
• Draft, Revised Draft and Final 404 Permit application, Section 1602 Streambed Alteration
Agreement application, and Section 401 Water Quality Certification application.
230.65.35 WATER DISCHARGE (NPDES) PERMITS
URS will prepare the Notice of Intent (NOI) for RCTC's submittal to the State Water Resources
Control Board (SWRCB) to request the NPDES permit for project construction. It is anticipated that
two separate NOIs will be required for submittal to the SWRCB since the project is located within
the Santa Ana Regional Water Quality Control Board and the San Diego Regional Water Quality
Control Board. This scope of work does not include any required permit (NOI) application fees.
Further, this scope of work does not include efforts associated with preparation of a Storm Water
Pollution Prevention Plan (SWPPP) - it is assumed that the selected project construction contractor
will prepare the SWPPP.
Deliverables:
• NPDES support as requested
235.40 UPDATED ENVIRONMENTAL COMMITMENTS RECORD
It is assumed that minor updates will be required to the Environmental Commitments Record (ECR)
during PS&E. Time included assumes that any updates would be minor and could be completed
within the timeframe shown.
Deliverables:
• Minor updates to the Environmental Commitments Record
°i. O STRUCTURES l $,E ELEMENTS
Work involved in the development of draft structures plans, specifications, and estimate.
240.50 OVERALL STRUCTURE PS&E
This task includes all efforts involved in the development of the overall projects' plans. Activities
under this task include technical coordination of the project, technical meetings, and other directly
related coordination activities.
URS
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Provide Plans, Specifications and Estimates
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Deliverables:
Technical coordination and meetings
240.55 FOUNDATION PLAN
This task includes the creation of the foundation plan.
Subtasks:
• Coordination with Caltrans for approval of the foundation plan
Structure Site Investigations
Preliminary Investigation Report
Deliverables:
Draft Foundation Plan
240.65 PRELIMINARY FOUNDATION REPORT
This task includes the effort to prepare a preliminary Foundation Report (PFR). This document is
used as part of the Type Selection process. The PFR is used to document existing foundation
conditions, make preliminary foundation recommendations, and identify the need for additional
investigations and studies.
Subtasks:
Project Location
Summary of site geology and subsurface conditions.
Corrosion evaluation
Preliminary Seismic Study
Preliminary Foundation Recommendations
Additional Field Work and Laboratory Testing
Deliverables:
Preliminary Foundation Report
240.75 DRAFT GENERAL PLAN (TYPE SELECTION)
This task includes all efforts required to develop, review, approve and distribute draft Structures
General Plans. The Preliminary Plan Approval process is part of this task and generally includes
Type Selection Meetings. Approved preliminary plans are the approved General Plans.
Subtasks:
• Prepare Preliminary Design
• Prepare Preliminary Plan Sheets
• Prepare Preliminary Quantities
UPS 20
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Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
Prepare Preliminary Estimates
Prepare Preliminary Specifications
Prepare Type Selection Report
Perform a Constructability Review
Conduct Type Selection Meting
Update General Plans and General Plan Estimate
Obtain Preliminary Plan Approval
Distribute approved General Plans Deliverables:
Type Selection Report
Approved General Plans
240.80 PREPARE FOUNDATION REPORT
This task includes all efforts required to produce Foundation Reports (FR). Foundation Reports are
required for all structures when new or widening to existing structures is proposed. The FR requires
sufficient subsurface exploration to characterize geologic and geotechnical conditions for the
structure. Foundation Reports utilize information collected during subsurface exploration to provide
recommendations that support both the design and construction of the structure. The Foundation
Report will be prepared in accordance with the Caltrans Guidelines for Structures Foundation
Reports Manual (2006).
The FR shall provide, but not be limited to, the following:
• Project Location
• Summary of Site Geology and Subsurface Conditions
• Ground Water
• Scour Evaluation
• Corrosion Evaluation
• Seismic Study
• As -Built Foundation Data
• Foundation Recommendations
• Slope Stability Analyses
• General Notes to the Designer
• Construction Considerations
In addition to the FR, the Log of Test Borings (LOTB), which presents the description, in graphic
and text format, of the types of soil and rock encountered during the subsurface exploration, is
produced for inclusion in contract plans.
Deliverables:
• Draft Foundation Report
• Final Foundation Report
• Log of Test Borings
240.85 DRAFT STRUCTURE PLANS
21
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Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
This task includes all efforts required to prepare draft Structures Plans and Quantities (P&Q). The
final product is a draft set of designed, detailed and checked structural plans along with checked
quantity calculations for identified contract bid items. The activities include, but are not limited to:
Subtasks:
• Perform structural analysis and develop draft Design
• Prepare draft. Structure Plan Sheets
• Perform an independent structural analysis
• Check the Design and Plan Sheets
• Perform a Constructibility Review (CR) of Unchecked Details
• Prepare draft Quantities
• Perform an independent check of the draft Quantities
• Prepare Specification
• Prepare Type Selection Report
• Transmit P&Q package to Structure Office Engineer
Deliverables:
• Draft Structures Plans
240.90 STRUCTURES SPECIAL PROVISIONS AND COST ESTIMATE
This task includes efforts required to prepare the draft Structures Specifications and Cost Estimate.
The final product is a draft set of Structure Special Provisions, and the Structure Cost Estimate. The
activities include, but are not limited to:
Generate Structure Contract Item list
Prepare draft special provisions
Prepare cost estimate for Structure Contract Items Deliverables:
Structures Special Provisions
Structures Cost Estimate
5.5 250-255 FINAL STRUCTURES ANt+'7-ZOAAY PS&E PACKAGE
250.55 FINAL STRUCTURES PS&E PACKAGE
This task includes efforts required to prepare final Structures Plans for incorporation into the final
PS&E package. The activities include, but are not limited to:
Update plan sheets based on final Project Review (90% Constructability Review)
• Review and incorporate District and Structure Office Engineer comments into Final Structure
Plans and Quantity calculations
Update Specification and other items for RE Pending File
Update Type Selection Report
Update quantities for contract bid items
Deliverables:
Final Structures Plans
Final Structures Specifications
IIRS
22
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Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
fi
Final Structures cost estimate
• Type Selection Report
255.10.05 SUMMARY CONSTRUCTION SCHEDULE
An estimate to construct the planned structure improvements will be assembled for this activity.
Deliverables:
• Structure Construction Schedule and working day summary.
255.10 UPDATED PS&E PACKAGE
Under this activity all of the various Roadway PS&E components will be updated with all comments
received.
DELIVERABLES:
• Updated Roadway PS&E
• Updated Traffic PS&E
• Updated Hydraulics PS&E
• Updated Specification
• Updated Cost Estimate
255.15 PERFORM ENVIRONMENTAL RE-EVALUATION
At each major milestone of the project an Environmental Revalidation/Reevaluation will need to be
preformed. This scope and cost assumes that this will occur four (4) times. It is assumed that no
substantial changes or substantial new information will be present since approval of the
environmental document and that the Environmental Revalidation form is all that will be required.
No analyses or evaluations are assumed to be required or included in this task; this task assumes that
only filling out the form with all negative responses and no supporting documentation will be
sufficient.
Deliverables:
• Preparation of Revalidation form four times (assumes no substantial changes or information
will be identified and that no new analyses or information will be required to complete the form)
255.20.05 REVIEW PLANS FOR DRAFTING STANDARDS COMPLIANCE
The plans will be reviewed to assure compliance with Caltrans Drafting Standards except as noted
where several sheet types have been combined at the request of the Client.
Deliverables:
• Consistent set of plans conforming to Caltrans drafting standards
23
228
Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
255.20.10 INCORPORATE FINAL STRUCTURES PS&E
The structures PS&E and the roadway PS&E will be combined into one cohesive and complete
PS&E package.
Deliverables:
Combined plans including both roadway and structure elements
Combined specification
Combined Cost Estimate
255.25 GEOTECHNICAL INFORMATION HANDOUT
This task includes reviewing the Geotechnical Design Report (GDR), Foundation Report (FR),
geophysical data, geotechnical instrumentation data, laboratory test data and rock core and soil
samples available for viewing that were prepared earlier during the design phase and selecting the
necessary sections and information to be included in the Geotechnical Information Handout. The
GDR and FR include information such as existing physical setting, geophysical studies, geotechnical
conditions, geotechnical analysis and design, construction considerations, and recommendations and
specifications.
Deliverables:
• Geotechnical Information Handout, for the prospective bidders to review.
255.30 MATERIALS INFORMATION HANDOUT
The Materials Information Handout (MIH) is prepared for the use of prospective bidders. The
handout includes test data on local materials sources; soil survey sheets showing borings, tests, and
seismic information (if required).
Deliverables:
• Material Information Handout for the prospective bidders to review.
255.40 RESIDENT ENGINEER'S PENDING FILE
Work involved in preparing the RE Pending File/Structures RE Pending File. Includes preparation of
an Environmental Commitments Record (or similar document), contacts with construction to
transmit the file and determine what additional information may be required. Also includes preparing
and forwarding additional information (such as cross sections/as-builts/slope staking notes/grid
grades/structures 4-scales) as requested by construction. In temis of the environmental component of
the RE Pending file, the input is a "snapshot" of the Environmental Commitments Record (ECR), or
similar document (e.g., Mitigation Monitoring and Reporting Record).
Deliverables:
• RE Pending File and Structures RE Pending File
• Contract special provisions for all items of work
• Engineer's Estimate consistent with the plans and special provisions
24
229
Provide Plans, Specifications and Estimates
For the I-215 from Murrieta Hot Springs Road to Scott Road Widening Project
• Spreadsheet of estimated quantities
• Final set of Plans
• Contract (from RCTC)
5.6 265 CONTRACT AWARD SUPPORT
No activities are assumed to be included in this scope of work
5.7 270 CONSTRUCTION SUPPORT
No activities are assumed to be included in this scope of work.
25
230
URS - I -III
FEE PROPOSAL WORKSHEET
COMPANY:
URS Corporation
PROJECT:
I-215 PS&E (Add One Mixed Flow Lane in Each Direction)
DIRECT LABOR
MULTIPLIERS
SCOPE OF WORK
Project Summary
Project Manager 1382
Task Managers 412
Sr. Project Engineer 2420
Project Engineer 6617
Staff Engineer 8725
Technician/CADD 8859
Project Administrator 528
Clerical 454
DATE:
1i/13/2008
REV:
MILESTONE/PHASE/PROJECT SUMMARY:
Aa Phases
$88.00 $121,616.00
$72.00 $29.664.00
$58.00 5140,331.00
$47.00 $310,999.00
$35 DO 5305.375.00
$30.00 $265,770.00
$30.00 $15,840.00
$25.00 $11.350.00
TOTAL HOURS 29396.5 TOTAL DIRECT LABOR
ESCALATION @
!FRINGE @
OVERHEAD @
4.00% (Rate)
$1,200.945
548,037 800
(of Total Direct Labor + Escalation)
124A4% (of Total Direct Labor + Escalation)
OTHER DIRECT EXPENSES ••• Billed at Actual Cost •--
$1,554,234.20
TOTAL MULTIPLIERS
ileage 13500 -- Mile P.
Air Fare 18 Roundkip ra
Reproduction - B&W 21000 Page ;w
Color Copies 2200 Page r.
CADD Plots 8400 Sheet M
Overnight Mail, Communication, Etc. 64 Each g
UNITCOST 1' AMOUNT
$0.585 57.897.50
$450.00 68.100.00
$0.10 $2.100.00
52.00 $4,400.00
$7.00 S59800.CO
59.50 S608-00
ADL Testing Expenses Lump Sum $35.000,00
Foundations Report 1 Lump Sum , _ 555,550.00
Presentation Boards 25 Each %iT $75.00
Public Involvement Expenses Lump Sum S33.093.00
Traffic Counts and Expenses Per Location •;^. $500.00
Environmental Expenses 1 Lump Sum :, $10,000.00
OUTSIDE SERVICES (w/fee)
COMPANY
Psomas Associates
CNS Engineers
$55,550.00
$1.875.00
S10,000 00
TOTAL OTHER DIRECT EXPENSES
LABOR: MULTIPLIER I EXPENSES 1 TOTAL
$32 03( .06 570,145 83 S i00.90 S 1 e 75.89
$10,682.50 618929.39
$1,602,272
$1.19.331
TOTAL OUTSIDE SERVICES S132,938
FEES
OUTSIDE SERVICES ADMIN FEE 005.00% (of Total Outside Services & Outside Services Fees)
vPS CORP..^.R,a C'v t�, - 010.00% (of Total Direct Labor +Total Multipliers)
OUTSIDE SERVICES @ - (of Total Labor + Total Multiplier for Outside Services)
TOTAL FEES $286 964 j
TOTAL COST
$3,372,139 1
231
Activity
ID
01.100
Activity
Description
Notice To Proceed
Ong
Dur
0
Early
Start
05JAN09
Early
Finish
RESP
RCTC
J . I FEB MAR
- -
LAPR 1 MAY JUN JUL i AUG%,SEP
OCT I NOV I Dec �AI�FEBLMAR
201.Q
CO
N
1 APMAYIJIJ
02.700
30% Plans
50
05JAN09
13MAR09
URS
02.200
QC;30a%Plans
10
16MAR09
27MAR09
URS
02.300
Review 30°%Plan
30
30MAR09
08MAY09
CT08
03.100
60°% PS&E
110
30MAR09
28AUG09
URS
03.200
QC 60% PS&E
20
31AUG09
25SEP09
URS
03.300
Review 60% PS&E
30
28SEP09
06NOV09
CT08
04.100
90% PS&E
70
09NOV09
12FEI310
URS
41/
04.200
QC 90% PS&E
10
15FEB10
26FEB10
URS
04.300
Review 90% PS&E
30
01 MAR10
09APR10
CT08
05.1.00
100%PS&E
30
12APR10
21MAY10
URS
CI
el
41111
05.200
05.300
QC 100% PS&E
Review100%PS&E
10
24MAY10 i
04JUN10
18JUN10
URS
CT08
10
07JUN10
06.100
PS&E Ready To List
10
21JUN10
02J111_10
URS
Start Data 05JAN09
finish Date p2JWUQ
'.. Onto Date 05JAN09,
;Run Date tsNDvoe 10:53
0 Primaveems, Inc.
+ _0 Batty Bar
-
1101111111111 Progress Bar
MHR1 Sheet of
t 1
Riverside County Transportation Comm
1-215 Widening (MHSR to SR)
Proposal Sc Layout
�__-Checked
i _.
_ Aro, coed
Date
Revision
4111111111111111MINININIM'cri6caiAcnwty
-___
____ ...
RIVERS/DE COUNTY TRANSPORTATION COMMISSION
DATE:
November 24, 2008
TO:
Budget and Implementation Committee
FROM:
Robert Yates, Multimodal Services Director
THROUGH:
John Standiford, Deputy Executive Officer
SUBJECT:
Programming and Policy Amendments to Support the
Implementation of the Jobs/Access Reverse Commute and New
Freedom Call for Projects Grants
STAFF RECOMMENDATION:
This item is for the Committee to ratify the Universal Call for Projects process with
the following actions:
1) Approve July 1, 2009 as the project start date for all Specialized Transit
projects awarded under the Universal Call for Projects as identified on
Attachment 1 to this report;
2) Authorize the Executive Director, pursuant to legal counsel review, to extend
the applicable interim grantee contracts to June 30, 2009 and approve up to
$860,962 of additional Western Riverside County Measure A Specialized
Transit funds as identified in Attachment 2 of this report;
3) Approve the proposed project exemptions and exclusions for Riverside
Transit Agency (RTA) and SunLine Transit Agency (SunLine) from the
Commissions' Farebox Recovery Policy as identified on Attachment 3; and
4) Forward to the Commission for final action.
BACKGROUND INFORMATION:
At its October 9, 2008 and September 10, 2008 meetings, the Commission
approved a suite of specialized transit projects for implementation. These projects
were derived through the approval of the Coordinated Plan at the Commission's
April 2008 meeting and proposed for implementation through the Universal Call for
Projects.
DISCUSSION:
Commission approval of the Coordinated Plan made the Commission eligible for the
first time, receipt of the federal Jobs/Access Reverse Commute (JARC) and New
Freedom (NF) funds for the provision of specialized transit service in Riverside
County. Since the award of projects in October and September, there has been a
learning curve for Commission staff, Consolidated Transportation Service Agency
(CTSA) operators (recipients), project proponents' (subrecipients) and the Southern
Agenda Item 12
233
California Association of Governments (SCAG) staff in how to properly configure
the funds and agreements to allow for the effective implementation of these
specialized transit projects. To move the process forward and allow for project
delivery, staff recommends the following:
Ratification of July 1, 2009, As The Official Start Date For All Awarded Projects
Prior to any projects actually starting, they are required to be amended into the
Regional Transportation Improvement Plan (TIP). While the process for the TIP
amendment is moving forward in a cooperative nature with SCAG, the amendment
is not expected to be finalized until sometime in late February 2009. In addition,
these federally funded projects also are required to be entered into the
Transportation Award and Electronic Management program (TEAM) and approved,
prior to any disbursement of funds from the federal government. While it is
possible to concurrently build the project databases in TEAM, they cannot be
finalized until the TIP amendment is processed. Lastly, staff has recently received
an interpretation from FTA that any implementation of the approved projects prior
to the TIP amendment becoming finalized will jeopardize the funds. As such, staff
is recommending that the implementation of these projects begin on July 1, 2009,
in order to accommodate the TIP amendment and TEAM process.
Extension of Interim Measure A Grantee Contracts
In order to accommodate the above recommended start date, staff is requesting
Commission approval of a third and final interim Specialized Transit funding
allocation. This interim period would comprise two additional quarters of
Measure A payments to existing grantees as identified on Attachment 2. This
request is being made so as to not interrupt existing service while the final
preparations for the new projects are completed.
The result of this action will be the continuation of Specialized Transit funding for
the entire fiscal year with $1.716 million of Measure A Specialized Transit funds
being allocated to the existing operators for the provision of service. This
expenditure of Measure A funds allows for uninterrupted service for the
FY 2008/09 and for the new projects awarded under the Universal Call for Projects
process to be properly configured so that no federal funds are lost or found to have
been expended in error. All federally funded projects will be expected to start with
no further Commission action needed on July 1, 2009.
Farebox Policy Modification
Given that RTA and Sunline will be acting as Consolidated Transportation Service
Agency (CTSA) operators and recipient agencies, they will be responsible for
entering the subrecipient projects into TEAM, managing the reporting process and
disbursing the federal funds to the subrecipient operators. This results in a need
Agenda Item 12
•
•
•
234
"
"
"
f o r a m o d i f i c a t i o n o f t h e C o m m i s s i o n ' s f a r e b o x r e c o v e r y p o l i c y s o t h a t R T A a n d
S u n L i n e a r e n o t p e n a l i z e d i n t h e i r f a r e b o x c a l c u l a t i o n s b y h a v i n g t o a c c o u n t f o r t h e
p a s s - t h r o u g h f u n d s d i s b u r s e d t o t h e s u b r e c i p i e n t p r o v i d e r s . T h e l i s t o f p r o j e c t s t o
b e e x c l u d e d f r o m t h e f a r e b o x r e c o v e r y c a l c u l a t i o n s a r e i d e n t i f i e d o n A t t a c h m e n t 3
o f t h i s r e p o r t .
A d d i t i o n a l l y , s i n c e R T A a n d S u n L i n e w i l l a l s o b e o p e r a t i n g t h e i r o w n p r o j e c t s , a
s e p a r a t e m o d i f i c a t i o n t o a l l o w f o r c o n s i s t e n c y w i t h t h e T r a n s p o r t a t i o n
D e v e l o p m e n t A c t ( T D A ) f a r e b o x r e c o v e r y r e q u i r e m e n t s i s n e c e s s a r y . T h i s
m o d i f i c a t i o n , i f a p p r o v e d , w o u l d e x e m p t t h e f o u r f e d e r a l l y f u n d e d p r o j e c t s a w a r d e d
t o R T A a n d S u n L i n e , f o r u p t o t w o y e a r s f r o m t h e f a r e b o x r e c o v e r y c a l c u l a t i o n .
T h i s a c t i o n i s n e c e s s a r y i n o r d e r f o r t h e o p e r a t o r s t o n o t b e p e n a l i z e d f o r s t a r t i n g
u p n e w s e r v i c e . T h e s e p r o j e c t s a r e a l s o i d e n t i f i e d o n A t t a c h m e n t 3 o f t h i s r e p o r t .
N e x t S t e p s
I t i s t h e i n t e n t o f s t a f f , w i t h t h e s e a c t i o n s i f a p p r o v e d , t o c o n c l u d e t h e p r o c e s s o f
o r g a n i z i n g R i v e r s i d e C o u n t y t o a c c e p t f e d e r a l f u n d s f o r u s e o n s p e c i a l i z e d t r a n s i t
s e r v i c e . W i t h t h e s e a c t i o n s , s t a f f s h a l l b e i n a p o s i t i o n t o d i r e c t t h e f u n d s i n t o t h e
h a n d s o f t h e a p p r o v e d o p e r a t o r s i n r e t u r n f o r t h e i r p r o v i s i o n o f s e r v i c e b e g i n n i n g
J u l y 1 , 2 0 0 9 . T h e e x t e n s i o n r e q u e s t e d w i l l a l s o a l l o w f o r a n o r m a l i z a t i o n o f
s e r v i c e t o t h e C o m m i s s i o n ' s f i s c a l y e a r c y c l e .
I t i s a l s o s t a f f ' s i n t e n t t o u s e t h i s p r o c e s s a s a " l e s s o n s l e a r n e d " e x p e r i e n c e a n d
f a c t o r t h e s e l e s s o n s i n t o t h e n e x t C a l l f o r P r o j e c t s . S t a f f a n t i c i p a t e s b r i n g i n g
f o r w a r d t o t h e C o m m i s s i o n , a r e q u e s t f o r a s u b s e q u e n t U n i v e r s a l c a l l f o r P r o j e c t s i n
N o v e m b e r 2 0 1 0 . T h i s c a l l f o r p r o j e c t s w o u l d b u i l d o n t h e c u r r e n t p r o c e s s a n d
w o u l d b e f o r s p e c i a l i z e d t r a n s i t p r o j e c t s t o b e f u n d e d a n d i m p l e m e n t e d F Y 2 0 1 1 / 1 2
u s i n g n e w M e a s u r e A f u n d s a s w e l l a s p o t e n t i a l J A R C a n d N F f u n d s s h o u l d t h e
f e d e r a l g o v e r n m e n t c o n t i n u e t o a l l o c a t e t h e m . I m p l e m e n t i n g t h e s u b s e q u e n t c a l l
f o r p r o j e c t s i n N o v e m b e r 2 0 1 0 , p r o v i d e s s t a f f w i t h s u f f i c i e n t t i m e t o m a n a g e t h e
c a l l f o r p r o j e c t s p r o c e s s , a w a r d p r o j e c t s , e x e c u t e t h e r e q u i r e d a g r e e m e n t s a n d
i m p l e m e n t s e r v i c e o n J u l y 1 , 2 0 1 1 , w h e n t h e c u r r e n t c o n t r a c t s t h a t a r e t h e s u b j e c t
o f t h i s r e p o r t a r e c o n c l u d e d .
F i n a n c i a l I n f o r m a t i o n
I n F i s c a l Y e a r B u d g e t :
Y e s
Y e a r :
F Y 2 0 0 8 / 0 9
A m o u n t :
$ 8 6 0 , 9 6 2
S o u r c e o f F u n d s :
M e a s u r e A S p e c i a l i z e d T r a n s i t
B u d g e t A d u s t m e n t :
N o
G L A N o . :
2 2 5 2 6 8 6 1 0 1
F i s c a l P r o c e d u r e s A p p r o v e d :
\ Y / 4 . 4 4 : A j a n n o l
D a t e :
1 1 / 1 3 / 2 0 0 8
A g e n d a I t e m 1 2
2 3 5
Attachments:
1) Approved Specialized Transportation Projects for July 1, 2009 Start
2) Approved list of Interim Measure A Specialized Transit Operators
3) Modification to the Commissions' Farebox Recovery Policy
Agenda Item 12
236
Attachment 1
Universal Call for Projects
Approved Specialized Transit Projects for Implementation July 1, 2009
Coachella Valley
• Agreement No.09-62-018-00 to the Coachella Valley Association of
Governments (CVAG) $78,496 in JARC grant funds for the Homeless Bus
Pass Program.
• Agreement No. 09-62-019-00 to the Desert Samaritans for the Elderly
$40,000 in New Freedom grant funds for the Last Resort Transportation
Program.
• RCTC $15,000 in JARC funds for the Coachella Valley Rideshare
Program.
• Agreement No. 09-62-016-00 to SunLine Transit Agency $250,000 in
JARC grant funds for the Guaranteed Ride Program.
• Agreement No. 09-62-015-00. to SunLine Transit Agency $180,000 in
New Freedom grant funds for the Coachella Valley TRIP Program.
Western County
• Agreement No. 09-26-022-00 to the Partnership for Independent Living for
the TRIP Program in the amount of $1,146,408 in Measure A Specialized
Transit Funds;
• Agreement No.09-26-025-00 to The Riverside Transit Agency (RTA) for
the Extended late Night Service Project in the amount of $890,024 in
JARC Funds and $838,750 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-026-00 to Car -A -Van Transit for the Car -A -Van
Transit Service in the amount of $695.000 in Measure A Specialized
Transit grant funds;
• Agreement No. 09-26-023-00 to Care Connexxus, Inc for the Specialized
Shuttle Project in the amount of $70,000 in New Freedom grant funds and
$455,000 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-024-00 to Operation Safe House for the Main Street
Transitional Living Program in the amount of $38,700 in Measure A
Specialized Transit grant funds;
• Agreement No. 09-26-027-00 to the Volunteer Center of Riverside County
for the Transportation Access Program in the amount of $406,146 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-028-00 to Blindness Support Services for the Travel
Training Program in the amount of $187,997 in New Freedom grant funds
and $112,797 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-029-00 to the Friends of Moreno Valley Senior
Center for the Mo-van transit Service in the amount of $123,000 in
Measure A Specialized Transit grant funds;
237
Attachment 1 (cont.)
Universal Call for Projects
Approved Specialized Transit Projects for Implementation July 1, 2009
• Agreement No.09-26-030-00 to the Riverside Transit Agency (RTA) for the
CommuterLink routes 212, 214 Service in the amount of $272,828 in
JARC grant funds and $829,078 in Measure A Specialized Transit grant
funds;
• Agreement No. 09-26-031-00 to C.A.S.A. for Riverside County for the
Specialized Transportation Service for Abused Children Program in the
amount of $28,697 in New Freedom grant funds and $74,000 in Measure
A Specialized Transit grant funds;
• Agreement No. 09-26-032-00 to Beaumont Adult School for the Low
Income Adult Student Transportation Project in the amount of $37,000 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-033-00 to Boys and Girls Clubs of Southwest
County for the Before and After School Transportation Program in the
amount of $113,468 in JARC grant funds and $348,673 in Measure A
Specialized Transit grant
• Agreement No. 09-26-034-00 to Jefferson Transitional Programs for the
Jefferson Shuttle Project in the amount of $69,620 in New Freedom grant
funds and $44,046 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-035-00 to City of Norco Parks Department for then
Norco Senior Shuttle Service Program in the amount of $153,443 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-036-00 to Inland Aids Project for the Inland Aids
Project Transportation Program in the amount of $306,500 in Measure A
Specialized Transit grant funds;
• Agreement No. 09-26-037-00 to Wildomar Senior Community for the
Senior Community Transportation Program in the amount of $25,892 in
New Freedom grant funds;
• Agreement No. to Riverside County Regional Medical Center for the
Specialized NEMT Plan and NF partnership program in the amount of
$170,267 in New Freedom grant funds and $390,649 in Measure A
Specialized Transit grant funds
238
MEASURE A SPECIALIZED TRANSIT
• FY 08/09 APPROVED & RECOMMENDED FUNDING
•
•
ATTACHMENT
FY 08/09 INTERIM ALLOCATION BY QUARTER
APPROVED
RECOMMENDED
Applicant
Agreement Number
Qtrt
Qtr2
Qtr3
Qtr4
TOTAL
Beaumont Adult Schou
Agreement No: 06-26-051-0:
5,203
5,203
5,203
5,203
20,812
Blindness Support Service:
Agreement No. 07-26-023-0:
18,778
18,778
18,778
18,778
75,112
Boys and Girls Clubs of
Southwest County
Agreement No. 06-26-052-0:
18,724
18,724
18,724
18,724
74,896
231,524
Care -A -Van Transit, Inc.
Agreement No.06-26-053-0Z
57,881
57,881
57,881
57,881
Care Connwocus, Inc
Agreement No. 07-26-073-0:
43,750
43,750
43,750
43,750
175,000
CASA
Agreement No. 07-26-072-0:
7,500
7 500
7,500
7,500
30,000
City of Norcc
Agreement No. 06-26-059-0:
18,279
18,279
18,279
18,279
73,116
Friends of Moreno Valle,
Agreement No. 06-26-054-0:
11,943
11,943
11,943
11,943
47,772
Inland AIDS Project
Agreement No. 06-26-055-0:
25,000
25,000
25,000
25,000
100,000
Operation SafeHouse, Inc
Agreement No. 06-26-056-01
5,000
5,000
Independent Living Partnershil
Agreement No. 06-26-057-0:
104,149
104,149
104,149
104,149
416,596
274,664
Riverside County Regional
Medical Cente:
Agreement No. 06-26-058-0:
68,666
68,666
68,666
68,666
Volunteer Center of Riverside
County
Agreement No.07-26-021-0:
48,088
48,088
48,088
48,088
192,352
TOTAL
$427,961
$427,961
$432,961
$427,961
$1,716,844
239
Attachment 3
November 24, 2008
Modification to the Commissions' Farebox Recovery Policy
Farebox Recovery 2 year Exemptions / RTA
These projects are recommended for exemption. The term of these exemptions
is for up to 2 years as allowed for under the Transportation Development Act
(TDA), and is designed to assist operators by not penalizing them for the startup
of new or expanded service. The 2 year exemptions are specific to the following
projects only and no other exemptions are approved as a result of this
modification:
• Agreement No.09-26-025-00 to The Riverside Transit Agency (RTA) for
the Extended late Night Service Project in the amount of $890,024 in
JARC Funds and $838,750 in Measure A Specialized Transit grant funds;
• Agreement No.09-26-030-00 to the Riverside Transit Agency (RTA) for the
CommuterLink routes 212, 214 Service in the amount of $272,828 in
JARC grant funds and $829,078 in Measure A Specialized Transit grant
funds;
Farebox Recovery 2 year Exemptions / SunLine
These projects are recommended for exemption. The term of these exemptions
is for up to 2 years as allowed for under the Transportation Development Act
(TDA), and is designed to assist operators by not penalizing them for the start up
of new or expanded service. The 2 year exemptions are specific to the following
projects only and no other exemptions are approved as a result of this
modification:
• Agreement No. 09-62-016-00 to Sunline Transit Agency $250,000 in
JARC grant funds for the Guaranteed Ride Program.
• Agreement No. 09-62-015-00 to Sunline Transit Agency $180,000 in New
Freedom grant funds for the Coachella Valley TRIP Program.
Farebox Recovery Project Exclusions:
These projects are recommended for exclusion from the RTA farebox recovery
calculation. No other projects or service is approved for exclusion as a result of
this modification
Western County / RTA
• Agreement No. 09-26-022-00 to the Partnership for Independent Living for
the TRIP Program in the amount of $1,146,408 in Measure A Specialized
Transit Funds;
• Agreement No. 09-26-026-00 to Car -A -Van Transit for the Car -A -Van
Transit Service in the amount of $695.000 in Measure A Specialized
Transit grant funds;
240
Attachment 3 (cont.)
November 24, 2008
Modification to the Commissions' Farebox Recovery Policy
• Agreement No. 09-26-023-00 to Care Connexxus, Inc for the Specialized
Shuttle Project in the amount of $70,000 in New Freedom grant funds and
$455,000 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-024-00 to Operation Safe House for the Main Street
Transitional Living Program in the amount of $38,700 in Measure A
Specialized Transit grant funds;
• Agreement No. 09-26-027-00 to the Volunteer Center of Riverside County
for the Transportation Access Program in the amount of $406,146 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-028-00 to Blindness Support Services for the Travel
Training Program in the amount of $187,997 in New Freedom grant funds
and $112,797 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-029-00 to the Friends of Moreno Valley Senior
Center for the Mo-van transit Service in the amount of $123,000 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-031-00 to C.A.S.A. for Riverside County for the
Specialized Transportation Service for Abused Children Program in the
amount of $28,697 in New Freedom grant funds and $74,000 in Measure
A Specialized Transit grant funds;
• Agreement No. 09-26-032-00 to Beaumont Adult School for the Low
Income Adult Student Transportation Project in the amount of $37,000 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-033-00 to Boys and Girls Clubs of Southwest
County for the Before and After School Transportation Program in the
amount of $113,468 in JARC grant funds and $348,673 in Measure A
Specialized Transit grant
• Agreement No. 09-26-034-00 to Jefferson Transitional Programs for the
Jefferson Shuttle Project in the amount of $69,620 in New Freedom grant
funds and $44,046 in Measure A Specialized Transit grant funds;
• Agreement No. 09-26-035-00 to City of Norco Parks Department for then
Norco Senior Shuttle Service Program in the amount of $153,443 in
Measure A Specialized Transit grant funds;
• Agreement No. 09-26-036-00 to Inland Aids Project for the Inland Aids
Project Transportation Program in the amount of $306,500 in Measure A
Specialized Transit grant funds;
• Agreement No. 09-26-037-00 to Wildomar Senior Community for the
Senior Community Transportation Program in the amount of $25,892 in
New Freedom grant funds;
• Agreement No. to Riverside County Regional Medical Center for the
Specialized NEMT Plan and NF partnership program in the amount of
$170,267 in New Freedom grant funds and $390,649 in Measure A
Specialized Transit grant funds
•
•
241
"
"
"
A t t a c h m e n t 3 ( c o n t . )
N o v e m b e r 2 4 , 2 0 0 8
M o d i f i c a t i o n t o t h e C o m m i s s i o n s ' F a r e b o x R e c o v e r y P o l i c y
F a r e b o x R e c o v e r y P r o j e c t E x c l u s i o n s :
T h e s e p r o j e c t s a r e r e c o m m e n d e d f o r e x c l u s i o n f r o m t h e S u n L i n e f a r e b o x
r e c o v e r y c a l c u l a t i o n . N o o t h e r p r o j e c t s o r s e r v i c e i s a p p r o v e d f o r e x c l u s i o n a s a
r e s u l t o f t h i s m o d i f i c a t i o n
C o a c h e l l a V a l l e y / S u n L i n e
" A g r e e m e n t N o . 0 9 - 6 2 - 0 1 8 - 0 0 t o t h e C o a c h e l l a V a l l e y A s s o c i a t i o n o f
G o v e m m e n t s ( C V A G ) $ 7 8 , 4 9 6 i n J A R C g r a n t f u n d s f o r t h e H o m e l e s s B u s
P a s s P r o g r a m .
" A g r e e m e n t N o . 0 9 - 6 2 - 0 1 9 - 0 0 t o t h e D e s e r t S a m a r i t a n s f o r t h e E l d e r l y
$ 4 0 , 0 0 0 i n N e w F r e e d o m g r a n t f u n d s f o r t h e L a s t R e s o r t T r a n s p o r t a t i o n
P r o g r a m .
" R C T C $ 1 2 4 , 5 0 4 i n J A R C f u n d s f o r t h e C o a c h e l l a V a l l e y R i d e s h a r e
P r o g r a m .
2 4 2
"
"
"
R I V E R S I D E C O U N T Y T R A N S P O R T A T I O N C O M M I S S I O N
D A T E :
N o v e m b e r 2 4 , 2 0 0 8
T O :
B u d g e t a n d I m p l e m e n t a t i o n C o m m i t t e e
F R O M :
J e r r y R i v e r a , P r o g r a m M a n a g e r
T H R O U G H :
R o b e r t Y a t e s , M u l t i m o d a l S e r v i c e s D i r e c t o r
S U B J E C T :
F u n d T r a n s f e r A g r e e m e n t f o r O p e r a t i o n o f a F r e e w a y S e r v i c e
P a t r o l P r o g r a m i n R i v e r s i d e C o u n t y
S T A F F R E C O M M E N D A T I O N :
T h i s i t e m i s f o r t h e C o m m i t t e e t o :
1 ) A p p r o v e F u n d T r a n s f e r A g r e e m e n t N o . 0 9 - 4 5 - 0 5 9 - 0 0 w i t h t h e s t a t e o f
C a l i f o r n i a D e p a r t m e n t o f T r a n s p o r t a t i o n ( C a l t r a n s ) f o r t h e R i v e r s i d e C o u n t y
F r e e w a y S e r v i c e P a t r o l ( F S P ) p r o g r a m i n t h e a m o u n t o f $ 1 , 6 5 6 , 2 3 8 i n s t a t e
f u n d i n g f o r F Y 2 0 0 8 / 0 9 ; a n d
2 ) F o r w a r d t o t h e C o m m i s s i o n f o r f i n a l a c t i o n .
B A C K G R O U N D I N F O R M A T I O N :
T h e R i v e r s i d e C o u n t y F S P p r o g r a m h a s b e e n i n o p e r a t i o n f o r o v e r 1 4 y e a r s a n d
p r o v i d e s r o v i n g t o w t r u c k s e r v i c e o n n i n e b e a t s o n S t a t e R o u t e 6 0 , S t a t e R o u t e 9 1 ,
I n t e r s t a t e 2 1 5 / S R - 6 0 , a n d I n t e r s t a t e 1 5 d u r i n g t h e m o r n i n g a n d a f t e r n o o n
c o m m u t e h o u r s . T h e F S P p r o g r a m i s f u n d e d b y t h e s t a t e o f C a l i f o r n i a ( 8 0 % ) a n d
l o c a l S e r v i c e A u t h o r i t y f o r F r e e w a y E m e r g e n c i e s ( S A F E ) f e e s ( 2 0 % ) . F u n d s a r e
a l l o c a t e d t o p a r t i c i p a t i n g a g e n c i e s t h r o u g h a f o r m u l a b a s e d o n p o p u l a t i o n , u r b a n
f r e e w a y l a n e m i l e s , a n d l e v e l s o f c o n g e s t i o n .
T h e a g r e e m e n t f o r F Y 2 0 0 8 / 0 9 p r o v i d e s f o r c o n t i n u e d s t a t e f u n d i n g i n t h e a m o u n t
o f $ 1 , 6 5 6 , 2 3 8 a n d r e q u i r e s a l o c a l m a t c h o f $ 4 1 4 , 0 6 0 . T h i s i s a n i n c r e a s e o f
$ 1 3 7 , 7 5 9 i n s t a t e f u n d s o v e r t h e f u n d i n g l e v e l f o r F Y 2 0 0 7 / 0 8 . T h e C o m m i s s i o n ' s
F Y 2 0 0 8 / 0 9 b u d g e t f o r t h e M o t o r i s t A s s i s t a n c e P r o g r a m i n c l u d e s $ 1 , 4 1 6 , 3 0 0 i n
S t a t e f u n d i n g . T h e a d d i t i o n a l s t a t e f u n d s a r e n o t b e i n g r e q u e s t e d a t t h i s t i m e .
S t a f f , a l o n g w i t h t h e C a l i f o r n i a H i g h w a y P a t r o l ( C H P ) a n d C a l t r a n s , w i l l r e v i e w t h e
h o u r s o f o p e r a t i o n a n d s e r v i c e l e v e l t o d e t e r m i n e i f a n y a d d i t i o n a l s e r v i c e o r a n e w
b e a t i s w a r r a n t e d . A n y s t a t e f u n d s n o t c l a i m e d i n t h e c u r r e n t f i s c a l y e a r m a y b e
c a r r i e d o v e r a n d c l a i m e d i n F Y 2 0 0 9 / 1 0 .
A n n u a l l y , t h e p r o g r a m p r o v i d e s a p p r o x i m a t e l y 4 5 , 5 0 0 a s s i s t s t o s t r a n d e d m o t o r i s t s
a l o n g R i v e r s i d e C o u n t y f r e e w a y s . T h e C o m m i s s i o n c o n t r a c t s w i t h f o u r t o w t r u c k
o p e r a t o r s t o p r o v i d e t w e n t y t o w t r u c k s t o p a t r o l t h e s e r o u t e s M o n d a y t h r o u g h
A g e n d a I t e m 1 3
2 4 3
Friday during the peak commute hours, 5:30 a.m. to 8:30 a.m. and 3:00 p.m. to
7:00 p.m. The programs day to day field supervision is handled by the CNP.
Financial Information
In Fiscal Year Budget:
Yes
Year:
FY 2008/09
Amount:
$1,656,238
Source of Funds:
State of California
Budget Ad ustment:
No
GLA No.:
201-45-41505
Fiscal Procedures Approved:
\14€4.zazdvi n
Date:
1 1 /13/2008
Attachment: FSP Program Fund Transfer Agreement No. 09-45-049-00
Agenda Item 13
•
•
244
"
"
A g r e e m e n t N o . 0 9 - 4 5 - 0 4 9 - 0 0
F R E E W A Y S E R V I C E P A T R O L P R O G R A M
F U N D T R A N S F E R A G R E E M E N T ( N o n F e d e r a l )
A g r e e m e n t N o . F S P 0 9 - 6 0 5 4 ( 0 6 0 ) L o c a t i o n : 0 8 - R I V - V a r - R C T C
P r o j e c t N o . F S P 0 9 - 6 0 5 4 ( 0 6 0 ) E A : 0 8 - 9 2 5 0 9 5 L
T H I S A G R E E M E N T , e f f e c t i v e o n J u l y 1 , 2 0 0 8 , i s b e t w e e n t h e S t a t e o f C a l i f o r n i a , a c t i n g b y a n d
t h r o u g h t h e D e p a r t m e n t o f T r a n s p o r t a t i o n , h e r e i n a f t e r r e f e r r e d t o a s S T A T E , a n d t h e R i v e r s i d e
C o u n t y T r a n s p o r t a t i o n C o m m i s s i o n , a p u b l i c a g e n c y , h e r e i n a f t e r r e f e r r e d t o a s " A D M I N I S T E R I N G
A G E N C Y . "
W H E R E A S , S t r e e t s a n d H i g h w a y s C o d e ( S & H C ) S e c t i o n 2 5 6 0 e t s e q . a u t h o r i z e s S T A T E a n d
a d m i n i s t e r i n g a g e n c i e s t o d e v e l o p a n d i m p l e m e n t a F r e e w a y S e r v i c e P a t r o l ( F S P ) P r o g r a m o n
t r a f f i c - c o n g e s t e d u r b a n f r e e w a y s t h r o u g h o u t t h e s t a t e ; a n d
W H E R E A S , S T A T E h a s d i s t r i b u t e d a v a i l a b l e S t a t e H i g h w a y A c c o u n t f u n d s t o a d m i n i s t e r i n g
a g e n c i e s p a r t i c i p a t i n g i n t h e F S P P r o g r a m i n a c c o r d a n c e w i t h S & H C S e c t i o n 2 5 6 2 ; a n d
W H E R E A S , A D M I N I S T E R I N G A G E N C Y h a s a p p l i e d t o S T A T E a n d h a s b e e n s e l e c t e d t o r e c e i v e
f u n d s f r o m t h e F S P P r o g r a m f o r t h e p u r p o s e o f F r e e w a y S e r v i c e P a t r o l f o r F Y 2 0 0 8 - 2 0 0 9 ,
h e r e i n a f t e r r e f e r r e d t o a s " P R O J E C T " ; a n d
W H E R E A S , p r o p o s e d P R O J E C T f u n d i n g i s a s f o l l o w s :
T o t a l C o s t S t a t e F u n d s
$ 2 , 0 7 0 , 2 9 8 . 0 0 $ 1 , 6 5 6 , 2 3 8 . 0 0
L o c a l F u n d s
$ 4 1 4 , 0 6 0 . 0 0
; a n d
W H E R E A S , S T A T E i s r e q u i r e d t o e n t e r i n t o a n a g r e e m e n t w i t h A D M I N I S T E R I N G A G E N C Y t o
d e l i n e a t e t h e r e s p e c t i v e r e s p o n s i b i l i t i e s o f t h e p a r t i e s r e l a t i v e t o p r o s e c u t i o n o f s a i d P R O J E C T ;
a n d
W H E R E A S , S T A T E a n d A D M I N I S T E R I N G A G E N C Y m u t u a l l y d e s i r e t o c o o p e r a t e a n d j o i n t l y
p a r t i c i p a t e i n t h e F S P P r o g r a m a n d d e s i r e t o s p e c i f y h e r e i n t h e t e r m s a n d c o n d i t i o n s u n d e r w h i c h
t h e F S P p r o g r a m i s t o b e c o n d u c t e d ; a n d
W H E R E A S , A D M I N I S T E R I N G A E N C Y h a s a p p r o v e d e n t e r i n g i n t o t h i s A g r e e m e n t u n d e r
a u t r y o f R e s o l u t i o n N o . ���� ( 9 / A a p p r o v e d b y A D M I N I S T E R I N G A G E N C Y o n
����, / % A , a c o p y o f w h i c h i s a t t a c h e d .
F o r C a l t r a n s U s e O n l y
I h e r e b y C e r t i f y u p o n m y o w n p e r s o n a l k n o w l e d g e t h a t b u d g e t e d f u n d s a r e a v a i l a b l e f o r t h i s e n c u m b r a n c e
C h a p t e r ' S t a t u t e s ' I t e m
A c c o u n t i n g O f f i c e r 1 D a t e 1 $ 1 , 6 5 6 , 2 3 8 . 0 0
I p - 2 l - B ��
f i s c a l Y e a r ' P r o g r a m 1 B C ! C a t e g o r y ( F u n d S o u r c e I $
2 6 8 1 2 0 0 8 1 2 6 6 0 - 1 0 2 - 0 4 2 1 2 0 0 8 / 2 0 0 9 1 2 0 . 3 0 . 0 1 0 . 6 0 0 I C 1 2 6 2 0 4 0 I 1 1 4 - 0 4 2 - T I
I I I I I I
P a g e 1 o f 6 N o n - F e d F S P
2 4 5
NOW, THEREFORE, the parties agree as follows:
SECTION I
STATE AGREES:
•
1. To define or specify, in cooperation with ADMINISTERING AGENCY, the limits of the State
Highway segments to be served by the FSP as well as the nature and amount of the FSP
dedicated equipment, if any, that is to be funded under the FSP Program.
2. To pay ADMINISTERING AGENCY the STATE's share, in amount not to exceed
$1,656,238.00, of eligible participating PROJECT costs.
3. To deposit with ADMINISTERING AGENCY, upon ADMINISTERING AGENCY's award of a
contract for PROJECT services and receipt of an original and two signed copies of an invoice in
the proper form, including identification of this Agreement Number and Project Number, from
ADMINISTERING AGENCY, the amount of $264,998.08. This initial deposit represents STATE's
share of the estimated costs for the initial two months of PROJECT. Thereafter, to make
reimbursements to ADMINISTERING AGENCY as promptly as state fiscal procedures will permit,
but not more often than monthly in arrears, upon receipt of an original and two signed copies of
invoices in the proper form covering actual allowable costs incurred for the prior sequential
month's period of the Progress Payment Invoice. (The initial deposit will be calculated at 16% of
the STATE's total share.)
4. When conducting an audit of the costs claimed by ADMINISTERING AGENCY under the.
provisions of this Agreement, STATE will rely to the maximum extent possible on any prior audit of
ADMINISTERING AGENCY performed pursuant to the provisions of state and federal laws. In the
absence of such an audit, work of other auditors will be relied upon to the extent that work is
acceptable to STATE when planning and conducting additional audits.
SECTION II
ADMINISTERING AGENCY AGREES:
1. To commit and contribute matching funds from ADMINISTERING AGENCY resources which
shall be an amount not less than 25 percent of the amount provided by STATE from the State
Highway Account.
2. The ADMINISTERING AGENCY's detailed PROJECT Cost Proposal is attached hereto and
made an express part of this Agreement. The detailed PROJECT Cost Proposal reflects the
provisions and/or regulations of Section III, Article 8, of this Agreement.
3. To use all state funds paid hereunder only for those transportation related PROJECT purposes
that conform to Article XIX of the California State Constitution.
4. STATE funds provided to ADMINISTERING AGENCY under this Agreement shall not be used
for administrative purposes by ADMINISTERING AGENCY.
Page 2 of 6 Non -Fed FSP
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"
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5 . T o d e v e l o p , i n c o o p e r a t i o n w i t h S T A T E , a d v e r t i s e , a w a r d , a n d a d m i n i s t e r P R O J E C T
c o n t r a c t ( s ) i n a c c o r d a n c e w i t h A D M I N I S T E R I N G A G E N C Y c o m p e t i t i v e p r o c u r e m e n t p r o c e d u r e s .
6 . U p o n a w a r d o f a c o n t r a c t f o r P R O J E C T , t o p r e p a r e a n d s u b m i t t o S T A T E a n o r i g i n a l a n d t w o
s i g n e d c o p i e s o f i n v o i c i n g f o r S T A T E ' s i n i t i a l d e p o s i t s p e c i f i e d i n S e c t i o n I , A r t i c l e 3 . T h e r e a f t e r ,
t o p r e p a r e a n d s u b m i t t o S T A T E a n o r i g i n a l a n d t w o s i g n e d c o p i e s o f p r o g r e s s i n v o i c i n g f o r
S T A T E ' s s h a r e o f a c t u a l e x p e n d i t u r e s f o r a l l o w a b l e P R O J E C T c o s t s .
7 . S a i d i n v o i c i n g s h a l l e v i d e n c e t h e e x p e n d i t u r e o f A D M I N I S T E R I N G A G E N C Y ' s P R O J E C T
p a r t i c i p a t i o n i n p a y i n g n o t l e s s t h a n 2 0 % o f a l l a l l o w a b l e P R O J E C T c o s t s a n d s h a l l c o n t a i n t h e
i n f o r m a t i o n d e s c r i b e d i n C h a p t e r 5 o f t h e L o c a l A s s i s t a n c e P r o c e d u r e s M a n u a l a n d s h a l l b e
m a i l e d t o t h e D e p a r t m e n t o f T r a n s p o r t a t i o n , A c c o u n t i n g S e r v i c e C e n t e r , M S 3 3 , L o c a l P r o g r a m
A c c o u n t i n g B r a n c h , P . O . B o x 9 4 2 8 7 4 , S a c r a m e n t o C A , 9 4 2 7 4 - 0 0 0 1 .
8 . W i t h i n 6 0 d a y s a f t e r c o m p l e t i o n o f P R O J E C T w o r k t o b e r e i m b u r s e d u n d e r t h i s A g r e e m e n t , t o
p r e p a r e a f i n a l i n v o i c e r e p o r t i n g a l l a c t u a l e l i g i b l e c o s t s e x p e n d e d , i n c l u d i n g a l l c o s t s p a i d b y
A D M I N I S T E R I N G A G E N C Y a n d s u b m i t t h a t s i g n e d i n v o i c e , a l o n g w i t h a n y r e f u n d d u e S T A T E , t o
t h e D i s t r i c t L o c a l A s s i s t a n c e E n g i n e e r . B a c k u p i n f o r m a t i o n s u b m i t t e d w i t h s a i d f i n a l i n v o i c e s h a l l
i n c l u d e a l l F S P o p e r a t i o n a l c o n t r a c t i n v o i c e s p a i d b y A D M I N I S T E R I N G A G E N C Y t o c o n t r a c t e d
o p e r a t o r s i n c l u d e d i n e x p e n d i t u r e s b i l l e d f o r t o S T A T E u n d e r t h i s A g r e e m e n t .
9 . C O S T P R I N C I P L E S
A ) A D M I N I S T E R I N G A G E N C Y a g r e e s t o c o m p l y w i t h , a n d r e q u i r e a l l p r o j e c t s p o n s o r s t o c o m p l y
w i t h , O f f i c e o f M a n a g e m e n t a n d B u d g e t C i r c u l a r A - 8 7 , C o s t P r i n c i p l e s f o r S t a t e a n d L o c a l
G o v e r n m e n t , a n d 4 9 C F R , P a r t 1 8 , U n i f o r m A d m i n i s t r a t i v e R e q u i r e m e n t s f o r G r a n t s a n d
C o o p e r a t i v e A g r e e m e n t s t o S t a t e a n d L o c a l G o v e r n m e n t s .
B ) A D M I N I S T E R I N G A G E N C Y w i l l a s s u r e t h a t i t s F u n d r e c i p i e n t s w i l l b e o b l i g a t e d t o a g r e e t h a t
( 1 ) C o n t r a c t C o s t P r i n c i p l e s a n d P r o c e d u r e s , 4 8 C F R , F e d e r a l A c q u i s i t i o n R e g u l a t i o n s S y s t e m ,
C h a p t e r 1 , P a r t 3 1 , e t s e q . , s h a l l b e u s e d t o d e t e r m i n e t h e a l l o w a b i l i t y o f i n d i v i d u a l P R O J E C T c o s t
i t e m s , a n d ( 2 ) t h o s e p a r t i e s s h a l l c o m p l y w i t h F e d e r a l a d m i n i s t r a t i v e p r o c e d u r e s i n a c c o r d a n c e
w i t h 4 9 C F R , P a r t 1 8 , U n i f o r m A d m i n i s t r a t i v e R e q u i r e m e n t s f o r G r a n t s a n d C o o p e r a t i v e
A g r e e m e n t s t o S t a t e a n d L o c a l G o v e r n m e n t s . E v e r y s u b - r e c i p i e n t r e c e i v i n g F u n d s a s a
c o n t r a c t o r o r s u b c o n t r a c t o r u n d e r t h i s A g r e e m e n t s h a l l c o m p l y w i t h F e d e r a l a d m i n i s t r a t i v e
p r o c e d u r e s i n a c c o r d a n c e w i t h 4 9 C F R , P a r t 1 8 , U n i f o r m A d m i n i s t r a t i v e R e q u i r e m e n t s f o r G r a n t s
a n d C o o p e r a t i v e A g r e e m e n t s t o S t a t e a n d L o c a l G o v e r n m e n t s .
C ) A n y F u n d e x p e n d i t u r e s f o r c o s t s f o r w h i c h A D M I N I S T E R I N G A G E N C Y h a s r e c e i v e d p a y m e n t
o r c r e d i t t h a t a r e d e t e r m i n e d b y s u b s e q u e n t a u d i t t o b e u n a l l o w a b l e u n d e r O f f i c e o f M a n a g e m e n t
a n d B u d g e t C i r c u l a r A - 8 7 , 4 8 C F R , C h a p t e r 1 , P a r t 3 1 o r 4 9 C F R , P a r t 1 8 , a r e s u b j e c t t o
r e p a y m e n t b y A D M I N I S T E R I N G A G E N C Y t o S T A T E . S h o u l d A D M I N I S T E R I N G A G E N C Y f a i l t o
r e i m b u r s e F u n d m o n e y s d u e S T A T E w i t h i n 3 0 d a y s o f d e m a n d , o r w i t h i n s u c h o t h e r p e r i o d a s
m a y b e a g r e e d i n w r i t i n g b e t w e e n t h e P a r t i e s h e r e t o , S T A T E i s a u t h o r i z e d t o i n t e r c e p t a n d
w i t h h o l d f u t u r e p a y m e n t s d u e A D M I N I S T E R I N G A G E N C Y f r o m S T A T E o r a n y t h i r d - p a r t y s o u r c e ,
i n c l u d i n g , b u t n o t l i m i t e d t o , t h e S t a t e T r e a s u r e r , t h e S t a t e C o n t r o l l e r , a n d t h e C a l i f o r n i a
T r a n s p o r t a t i o n C o m m i s s i o n .
P a g e 3 o f 6 N o n - F e d F S P
2 4 7
10. THIRD PARTY CONTRACTING
•
A) ADMINISTERING AGENCY shall not award a construction contract over $10,000 or other
contracts over $25,000 [excluding professional service contracts of the type which are required to
be procured in accordance with Govemment Code Sections 4525 (d), (e) and 0)] on the basis of a
noncompetitive negotiation for work to be performed using Funds without the prior written approval
of STATE.
B) Any subcontract or agreement entered into by ADMINISTERING AGENCY as a result of
disbursing Funds received pursuant to this Agreement shall contain all of the fiscal provisions of
this Agreement and shall mandate that travel and per diem reimbursements and third -party
contract reimbursements to subcontractors will be allowable as project costs only after those costs
are incurred and paid for by the subcontractors.
C) In addition to the above, the preaward requirements of third party contractor/consultants with
ADMINISTERING AGENCY should be consistent with Local Program Procedures as published by
STATE.
11. ACCOUNTING SYSTEM
ADMINISTERING AGENCY, its contractors and subcontractors shall establish and maintain an
accounting system and records that properly accumulate and segregate Fund expenditures by line
item. The accounting system of ADMINISTERING AGENCY, its contractors, and all
subcontractors shall conform to Generally Accepted Accounting Principles (GAAP), enable the
determination of incurred costs at interim points of completion, and provide support for.
reimbursement payment vouchers or invoices.
12. RIGHT TO AUDIT
For the purpose of determining compliance with this Agreement and other matters connected with
the performance of ADMINISTERING AGENCY's contracts with third parties, ADMINISTERING
AGENCY, ADMINISTERING AGENCY'S contractors and subcontractors, and STATE shall each
maintain and make available for inspection all books, documents, papers, accounting records, and
other evidence pertaining to the performance of such contracts, including, but not limited to, the
costs of administering those various contracts. All of the above referenced parties shall make
such materials available at their respective offices at all reasonable times for three years from the
date of final payment of Funds to ADMINISTERING AGENCY. STATE, the California State
Auditor, or any duly authorized representative of STATE or the United States Department of
Transportation shall each have access to any books, records, and documents that are pertinent
for audits, examinations, excerpts, and transactions, and ADMINISTERING AGENCY shall furnish
copies thereof if requested.
•
Page 4 of 6 Non -Fed FSP
248
13. TRAVEL AND SUBSISTENCE
Payments to only ADMINISTERING AGENCY for travel and subsistence expenses of
ADMINISTERING AGENCY forces and its subcontractors claimed for reimbursement or applied
as local match credit shall not exceed rates authorized to be paid exempt non -represented State
employees under current State Department of Personnel Administration (DPA) rules. If the rates
invoiced are in excess of those authorized DPA rates, then ADMINISTERING AGENCY is
responsible for the cost difference and any overpayments shall be reimbursed to STATE on
demand.
14. SINGLE AUDIT
ADMINISTERING AGENCY agrees to include all state (Funds) and federal -funded projects in the
schedule of ,projects to be examined in ADMINISTERING AGENCY's annual audit and in the
schedule of projects to be examined under its single audit prepared in accordance with Office of
Management and Budget Circular A-133.
SECTION III
IT IS MUTUALLY AGREED:
1. All obligations of STATE under the terms of this Agreement are subject to the appropriation of
resources by the Legislature and the encumbrance of funds under this Agreement. Funding and
reimbursement is available only upon the passage of the State Budget Act containing these
STATE funds. The starting date of eligible reimbursable activities shall be JULY 1, 2008.
2. All obligations of ADMINISTERING AGENCY under the terms of this Agreement are subject to
authorization and allocation of resources by ADMINISTERING AGENCY.
3. ADMINISTERING AGENCY and STATE shall jointly define the initial FSP program as well as
the appropriate level of FSP funding recommendations and scope of service and equipment
required to provide and manage the FSP Program. No changes shall be made in these unless
mutually agreed to in writing by the parties to this Agreement.
4. Nothing in the provisions of this Agreement is intended to create duties or obligations to or
rights in third parties not parties to this Agreement or affect the legal liability of either party to this
Agreement by imposing any standard of care with respect to the maintenance of State highways
different from the standard of care imposed by law.
5. Neither STATE nor any officer or employee thereof is responsible for any injury, damage or
liability occurring or arising by reason of anything done or omitted to be done by ADMINISTERING
AGENCY under or in connection with any work, authority, or jurisdiction delegated to
ADMINISTERING AGENCY under this Agreement. It is understood and agreed that, pursuant to
Government Code Section 895.4, ADMINISTERING AGENCY shall fully defend, indemnify, and
save harmless the State of California, its officers and employees from all claims, suits, or actions
of every name, kind, and description brought for or on account of injury (as defined in Government
Code Section 810.8) occurring by reason of anything done or omitted to be done by
ADMINISTERING AGENCY under or in connection with any work, authority or jurisdiction
delegated to ADMINISTERING AGENCY under this Agreement.
Page 5 of 6 Non -Fed FSP
249
6. Neither ADMINISTERING AGENCY nor any officer or employee thereof is responsible for an.
injury, damage, or liability occurring or arising by reason of anything done or omitted to be done by
STATE under or in connection with any work, authority, or jurisdiction delegated to STATE under
this Agreement. It is understood and agreed that, pursuant to Government Code Section 895.4,
STATE shall fully defend, indemnify and save harmless ADMINISTERING AGENCY, its officers
and employees from all claims, suits, or actions of every name, kind, and description brought for
or on account of injury (as defined in Govemment Code Section 810.8) occurring by reason of
anything done or omitted to be done by STATE under or in connection with any work, authority or
jurisdiction delegated to STATE under this Agreement.
7. ADMINISTERING AGENCY will maintain an inventory of all non -expendable PROJECT
equipment, defined as having a useful life of at least two years and an acquisition cost of $500 or
more, paid for with PROJECT funds. At the conclusion of this Agreement, ADMINISTERING
AGENCY may either keep such equipment and credit STATE its share of equipment's fair market
value or sell such equipment at the best price obtainable at a public or private sale (in accordance
with established STATE procedures) and reimburse STATE its proportional share of the sale
price.
8. ADMINISTERING AGENCY and its sub -contractors will comply with all applicable Federal and
State laws and regulations, including but not limited to, Office of Management and Budget Circular
A-97, Cost Principles for State and Local Governments (49 CFR, Part 18, Uniform Administrative
Requirements for Grants and Cooperative Agreements to State and Local Governments).
9. In the event that ADMINISTERING AGENCY fails to operate the PROJECT commenced an
reimbursed under this Agreement in accordance with the terms of this Agreement or fails to
comply with applicable Federal and State laws and regulations, STATE reserves the right to
terminate funding for PROJECT, or portions thereof, upon written notice to ADMINISTERING
AGENCY.
10. This Agreement shall terminate on June 30, 2010. However, the non -expendable equipment,
and liability clauses shall remain in effect until terminated or modified in writing by mutual
agreement.
STATE OF CALIFORNIA
Department of Transportation
Riverside County Transportation Commission
By: By.
Office of Project Implementation, South Title:
Division of Local Assistance
Date: Date:
Page 6 of 6 Non -Fed FSP
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