HomeMy Public PortalAbout12 December 13, 2017 CommissionCOMM-COMM-00075
RIVERSIDE
COUNTY
TRANSPORTATION
COMMISSION
'METING AGENDA
TIIVE/DATE: 9:30 a.m / 1Nednesday, December 13, 2017
LOCATION: BOARD ROOM
County of Riverside Administrative Center
4080 Lemon Street, First Floor, Riverside
CONMSSIONERS
Chair —John F. Tavaglione
Vice Chair — Dana Reed
Second Vice Chair— Chuck Washington
Kevin Jeffries, County of Riverside, District 1
John F. Tavaglione, County of Riverside, District 2
Chuck Washington, County of Riverside, District 3
V. Manuel Perez, County of Riverside, District 4
Marion Ashley, County of Riverside, District 5
Deborah Franklin / Art Welch, City of Banning
Lloyd White / Nancy Carroll, City of Beaumont
Joseph DeConinck / Tim Wade, City of Blythe
Jim Hyatt / Jeff Hewitt, City of Calimesa
Randall Bonner / Jordan Ehrenkranz, City of Canyon Lake
Greg Pettis / Shelley Kaplan, City of Cathedral City
Steven Hemandez / To Be Appointed, City of Coachella
Karen Spiegel / Randy Fox, City of Corona
Scott Matas / Russell Betts, City of Desert Hot Springs
Adam Rush /Clint Lorimore, City of Eastvale
Linda Krupa / Michael Peraful, City of Hemet
Dana Reed / To Be Appointed, City of Indian Wells
Michael Wilson / Glenn Miller, City of Indio
Brian Berkson / Veme Lauritzen, City of Jurupa Valley
Robert Radi / Kathleen Fitzpatrick, City of La Quinta
Bob Magee / Natasha Johnson, City of Lake Elsinore
Neil Winter / John Denver, City of Menifee
Victoria Baca / To Be Appointed, City of Moreno Valley
Rick Gibbs / Jonathan Ingram City of Murrieta
Berwin Hanna / Ted Hoffman, City of Norco
Jan Hamik/ Kathleen Kelly, City of Palm Desert
Ginny Foat / Geoffrey Kors, City of Palm Springs
Michael M. Vargas / Rita Rogers, City of Penis
Ted Weill / Charles Townsend, City of Rancho Mirage
Rusty Bailey/ Andy IVelendrez, City of Riverside
Andrew Kotyuk / Scott IVlller, City of San Jacinto
Michael S. Naggar / Matt Rahn, City of Temecula
Ben Benoit / Timothy Walker, City of Wfldomar
John Bulinski, Governor's Appointee Caltrans District 8
Comments are welcomed by the Coirrnission. If you wish to provide comments to the Conrrission,
please complete and submit a Speaker Card to the perk of the Board.
Tara Bve rl
From: Tara Byerly
Sent: Wednesday, December 06, 2017 8:10 AM
To: Tara Byerly
Cc: Anne Mayer; STAN D I FO
Subject: RCTC: December Commission Agenda-12.13.2017
Good morning Commissioners,
The December Agenda for the Commission meeting schedule for Wednesday, December 13, 2017 @ 9:30 a.m. is
available. Please copy the link:
http://rctcdev.info/uploads/media items/december-commission-agenda-december-13-2017.original.pdf
Conflict of Conflict of
Interest Formepdf Interest Memo.p...
Also, attached for your review and information is the conflict of interest memo and form. Please let me know if you
have any questions. Thank you.
Respectfully,
Tara Byerly
Deputy Clerk of the Board
Riverside County Transportation Commission
951.787.7141 W 1951.787.7906 F
4080 Lemon St. 3rd FI. 1 P.O. Box 12008 Riverside, CA 92502
rctc.org,
f in
i
Tara Bve rl
From: Tara Byerly
Sent: Wednesday, December 06, 2017 8:17 AM
To: Tara Byerly
Subject: RCTC: December Commission Agenda - 12.13.2017
Good morning Commission Alternates,
The December Agenda for the Commission meeting schedule for Wednesday, December 13, 2017 @ 9:30 a.m. is
available. Please copy the link:
http://rctcdev.info/uploads/media items/december-commission-agenda-december-13-2017.original.pdf
Respectfully,
Tara Byerly
Deputy Clerk of the Board
Riverside County Transportation Commission
951.787.7141 W 1951.787.7906 F
4080 Lemon St. 3rd FI. 1 P.O. Box 12008 Riverside, CA 92502
rctc.ora
f NV in
1
RIVERSIDE
COUNTY
TRANSPORTATION
COMMISSION
TO: Riverside County Transportation Commission
FROM: Tara Byerly, Deputy Clerk of the Board
DATE: December 6, 2017
SUBJECT: Possible Conflicts of Interest — Riverside County Transportation Commission
Agenda of December 13, 2017
The December 13, 2017 agenda of the Riverside County Transportation Commission includes
items that may raise possible conflicts of interest. A Commissioner may not participate in any
discussion or action concerning a contract or amendment if a campaign contribution of more than
$250 is received in the past 12 months or 3 months following the conclusion from any entity or
individual listed.
Agenda Item No. 48 — Closed Session — Conference with Real Property Negotiators)
Item
APN(s)
Property Owner(s)
1
206-132-036
W. La Cadena Property
206-132-037
Buyer: Kahlid Ali/Empire Pharmacy
Agenda Item No. 8J — Amendment to the Agreement for RCTC 91 Express Lanes Traffic and
Revenue Study Services
Consultant(s): Stantec Consulting, Inc.
Sheldon Mar, Senior Associate
475 Sth Avenue,l2th Floor
New York, NY 10017
Agenda Item No.10 Refunding of 2010 Series A and 2013 Series A Sales Tax Revenue Bonds
Consultant(s): Orrick, Herrington & Sutcliffe LLP
Contact: Mary Collins; Devin Brennan
The Orrick Building, 405 Howard Street
San Francisco, CA 94105
Tara Bve rl
From: Randi Johl <randi. johl@temeculaca.gov>
Sent: Tuesday, December 12, 2017 2:37 PM
To: Greg Butler
Cc: Tara Byerly; Anne Mayer; Aaron Adams
Subject: RE: Temecula RCTC Rep
Greg, by way of this email I am confirming Maryann's designation as the RCTC representative for tomorrow's
meeting on behalf of the City of Temecula.
Randi Johl
City Clerk
City of Temecula
(951) 694-6444
randi.johl@TemeculaCA.gov
TemeculaCA.gov
Please note that email correspondence with the City of Temecula, along with attachments, may be subject to the California Public
Records Act, and therefore may be subject to disclosure unless otherwise exempt.
From: Greg Butler
Sent: Tuesday, December 12, 2017 2:22 PM
To: Randi Johl <randi.johl@temeculaca.gov>
Cc: Tara Byerly <TByerly@rctc.org>; Anne Mayer <AMayer@RCTC.org>; Aaron Adams <aaron.adams@temeculaca.gov>
Subject: RE: Temecula RCTC Rep
Importance: High
Randi,
See below; we need a quick e-mail from you to RCTC Director Anne Meyer and Tara Byerly, designating
Mayor Maryann Edwards the City's RCTC rep for tomorrow's meeting as both our appointed representative
and alternate cannot attend the meeting.
Thanks,
Greg Butler
Assistant City Manager
City of Temecula
(951) 506-5168
greg.butler@TemeculaCA.gov
TemeculaCA.gov
Please note that email correspondence with the City of Temecula, along with attachments, may be subject to the California Public
Records Act, and therefore may be subject to disclosure unless otherwise exempt.
From: Tara Byerly [mailto:TByerly@rctc.org]
Sent: Tuesday, December 12, 2017 2:12 PM
To: Greg Butler <greg.butler@temeculaca.gov>; Anne Mayer <AMayer@RCTC.org>
Subject: RE: Temecula RCTC Rep
Good afternoon Greg,
Yes, an email will be fine.
Thank you,
Tara
1
From: Greg Butler[mailto:greg.butler@temeculaca.gov]
Sent: Tuesday, December 12, 2017 2:09 PM
To: Anne Mayer <AMayer@RCTC.org>
Cc: Tara Byerly <TByerly@rctc.org>
Subject: RE: Temecula RCTC Rep
Email OK?
Greg Butler
Assistant City Manager
City of Temecula
(951) 506-5168
greg.butler@TemeculaCA.gov
TemeculaCA.gov
Please note that email correspondence with the City of Temecula, along with attachments, may be subject to the Califomia Public
Records Act, and therefore may be subject to disclosure unless otherwise exempt.
From: Anne Mayer [mailto:AMayer@RCTC.org]
Sent: Tuesday, December 12, 2017 2:08 PM
To: Greg Butler <greg.butler@temeculaca.gov>
Cc: Tara Byerly <TByerly@rctc.org>
Subject: Re: Temecula RCTC Rep
We need a letter from city clerk designating her as the City rep for the meeting. Have it sent to Tara today. I've included
her email address above. Thanks
On Dec 12, 2017, at 2:01 PM, Greg Butler <greg.butler@temeculaca.gov> wrote:
Hello Anne,
I was asked to check in with you regarding a procedural question. Both our designated RCTC
Representative (Mike Naggar) and our designated Alternate Matt Rahn are not available to
attend the meeting tomorrow. Council Member Naggar asked that our Mayor Maryann Edwards
attend to represent the City of Temecula; will this pose any problems; do you need something
from Mike to document that he's delegating his voting authority via proxy to Maryann.
Regards,
Greg Butler
Assistant City Manager
City of Temecula
(951) 506-5168
greci.butler@TemeculaCA.gov
41000 Main St, Temecula, CA 92590
Please note that email correspondence with the City of Temecula, along with attachments, may be subject to the
Califomia Public Records Act, and therefore may be subject to disclosure unless otherwise exempt.
2
City of Palm_ Springs
David H. Ready, Esq., Ph.D.
City Manager
3200 E. Tahquitz Canyon Way, Palm Springs, CA 92262
Tel 760.322.8350 • Fax 760.323.8207 • TDD 760.864.9527
David.ReadyCpalmspringsca.gov • www.palmspingsca.gov
December 13, 2017
Riverside County Transportation Commission
Tara Byerly
Deputy Clerk of the Board
Sent via electronic communication to tbyerly a�rctc.org
Please be advised that Councilmember Lisa Middleton will be the City's appointed
representative to RCTC, replacing former Councilmember Ginny Foat.
Please contact my office if you have any questions or concerns.
Sincerely,
David H. Ready,
City Manager
Ph. D.
PO Box 2743, Palm Springs, California 92263
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
www.rctc.org
AGENDA*
*Actions may be taken on any item listed on the agenda
9:30 a.m.
Wednesday, December 13, 2017
BOARD ROOM
County of Riverside Administrative Center
4080 Lemon Street, First Floor, Riverside, CA
In compliance with the Brown Act and Government Code Section 54957.5, agenda materials distributed 72 hours
prior to the meeting, which are public records relating to open session agenda items, will be available for
inspection by members of the public prior to the meeting at the Commission office, 4080 Lemon Street, Third
Floor, Riverside, CA, and on the Commission's website, www.rctc.org.
In compliance with the Americans with Disabilities Act, Government Code Section 54954.2, and the Federal
Transit Administration Title VI, please contact the Clerk of the Board at (951) 787-7141 if special assistance is
needed to participate in a Commission meeting, including accessibility and translation services. Assistance is
provided free of charge. Notification of at least 48 hours prior to the meeting time will assist staff in assuring
reasonable arrangements can be made to provide assistance at the meeting.
1. CALL TO ORDER
2. ROLL CALL
3. PLEDGE OF ALLEGIANCE
4 CLOSED SESSION
4A. CONFERENCE WITH LEGAL COUNSEL: ANTICIPATED LITIGATION
Exposure to Litigation Pursuant to Government Code Section 54956.9(d)(2)
Potential Number of Case(s): 1
4B. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Pursuant to Government Code Section 54956.8
Agency Negotiator: Executive Director or Designee
Property Owner(s): See Below
Item
APN(s)
Property Owner(s)
1
206-132-036
W. La Cadena Property
206-132-037
Riverside County Transportation Commission Agenda
December 13, 2017
Page 2
5. PUBLIC COMMENTS — Each individual speaker is limited to speak three (3) continuous minutes or less.
The Commission may, either at the direction of the Chair or by majority vote of the Commission, waive
this three -minute time limitation. Depending on the number of items on the Agenda and the number of
speakers, the Chair may, at his/her discretion, reduce the time of each speaker to two (2) continuous
minutes. In addition, the maximum time for public comment for any individual item or topic is thirty (30)
minutes. Also, the Commission may terminate public comments if such comments become repetitious.
Speakers may not yield their time to others without the consent of the Chair. Any written documents to
be distributed or presented to the Commission shall be submitted to the Clerk of the Board. This policy
applies to Public Comments and comments on Agenda Items.
Under the Brown Act, the Commission should not take action on or discuss matters raised during public
comment portion of the agenda that are not listed on the agenda. Commission members may refer such
matters to staff for factual information or to be placed on the subsequent agenda for consideration.
6. APPROVAL OF MINUTES — NOVEMBER 8, 2017
7. ADDITIONS / REVISIONS — The Commission may add an item to the Agenda after making a
finding that there is a need to take immediate action on the item and that the item came to the
attention of the Commission subsequent to the posting of the agenda. An action adding an
item to the agenda requires 2/3 vote of the Commission. If there are less than 2/3 of the
Commission members present, adding an item to the agenda requires a unanimous vote. Added
items will be placed for discussion at the end of the agenda.
8. 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.
8A. PROPOSED 2018 COMMISSION/COMMITTEE MEETING SCHEDULE
Page 1
Overview
This item is for the Commission to adopt its 2018 Commission/Committee Meeting
Schedule.
Riverside County Transportation Commission Agenda
December 13, 2017
Page 3
88. FISCAL YEAR 2016/17 COMMISSION AUDIT RESULTS
Overview
This item is for the Commission to:
Page 5
1) Receive and file the Fiscal Year 2016/17
a) Comprehensive Annual Financial Report (CAFR);
b) Local Transportation Fund (LTF) Financial and Compliance Report;
c) State Transit Assistance (STA) Fund Financial and Compliance Report;
d) Proposition 1B Rehabilitation and Security Project (Proposition 1B)
Accounts Financial and Compliance Reports;
e) Low Carbon Transit Operations Program (LCTOP) Account Financial and
Compliance Reports;
f) Single Audit Report;
g) RCTC 91 Express Lanes Fund Financial Report;
h) Commercial Paper Compliance Report;
i) Auditor Required Communications Report;
j) Agreed -Upon Procedures Report related to the Appropriations Limit
Calculation;
k) Agreed -Upon Procedures Report related to the Commuter Assistance
Program (CAP) incentives;
I) Management certifications.
8C. QUARTERLY FINANCIAL STATEMENTS
Page 9
Overview
This item is for the Commission to receive and file the Quarterly Financial Statements
for the three months ended September 30, 2017.
8D. QUARTERLY SALES TAX ANALYSIS
Overview
This item is for the Commission to receive and file the sales tax analysis for Quarter 2,
2017 (2Q 2017).
8E. QUARTERLY INVESTMENT REPORT
Overview
This item is for the Commission to receive and file the Quarterly Investment Report for
the quarter ended September 30, 2017.
Page 16
Page 25
Riverside County Transportation Commission Agenda
December 13, 2017
Page 4
8F. ANNUAL INVESTMENT POLICY REVIEW
Overview
This item is for the Commission to:
Page 92
1) Adopt Resolution No. 17-017, "Resolution of the Riverside County
Transportation Commission Regarding the Revised Investment Policy"; and
2) Adopt the revised annual Investment Policy.
8G. REVISIONS TO THE PROCUREMENT POLICY MANUAL
Overview
This item is for the Commission to:
Page 105
1) Approve the revised Riverside County Transportation Commission Procurement
Policy Manual (PPM) for the procurement and contracting activities undertaken
by the Commission, pursuant to legal counsel review as to conformance to state
and federal law; and
2) Adopt Resolution No. 17-016, "Resolution of the Riverside County
Transportation Commission Regarding the Revised Procurement Policy Manual".
8H. SB 132 AGREEMENT FOR HAMNER AVENUE BRIDGE REPLACEMENT
Overview
This item is for the Commission to:
Page 171
1) Approve Agreement No. 18-31-074-00 with Riverside County (County) and the
cities of Eastvale and Norco for the Hamner Avenue Bridge Replacement project
that received an allocation of SB 132 funds; and
2) Authorize the Executive Director, pursuant to legal counsel review, to execute
the agreement and any future amendments considered minor, with the
exception of changes to funding of non-SB 132 funds.
Riverside County Transportation Commission Agenda
December 13, 2017
Page 5
81. ADOPT RESOLUTION NO. 17-018 "A RESOLUTION OF THE RIVERSIDE COUNTY
TRANSPORTATION COMMISSION SUPERSEDING RESOLUTION NO. 05-012 AND
ADOPTING AN UPDATED POLICY DESIGNATING OFFICIALS AUTHORIZED TO EXECUTE
AGREEMENTS, ORDINANCES, AND RESOLUTIONS"
Page 182
Overview
This item is for the Commission to adopt Resolution No. 17-018, "A Resolution of the
Riverside County Transportation Commission Superseding Resolution No. 05-012 and
Adopting an Updated Policy Designating Officials Authorized to Execute Agreements,
Ordinances, and Resolutions".
8J. AMENDMENT TO THE AGREEMENT FOR RCTC 91 EXPRESS LANES TRAFFIC AND
REVENUE STUDY SERVICES
Overview
This item is for the Commission to:
Page 185
1) Approve Agreement No. 10-31-099-07, Amendment No. 7 to Agreement No.
10-31-099-00, with Stantec Consulting Services Inc. (Stantec) for investment
grade traffic and revenue study services for an additional amount of $635,000,
for a total amount not to exceed $2,050,877;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission; and
3) Approve an increase to the FY 2017/18 budget of $635,000 for professional
services expenditures.
8K. ADDITIONAL FUNDING FOR CONSTRUCTION ZONE ENHANCED ENFORCEMENT
PROGRAM INCLUDED IN THE STATE FURNISHED MATERIALS CATEGORY FOR THE
STATE ROUTE 91 CORRIDOR IMPROVEMENT PROJECT
Page 194
Overview
This item is for the Commission to authorize an increase in the expenditures for the
Construction Zone Enhanced Enforcement Program (COZEEP) under Agreement No.
12-31-070-00 for the State Route 91 Corridor Improvement Project (91 Project) for an
additional amount of $400,000, for a total amount not to exceed $5.5 million.
Riverside County Transportation Commission Agenda
December 13, 2017
Page 6
8L. COOPERATIVE AGREEMENT WITH THE CITY OF CORONA FOR MAINTENANCE OF NEW
CITY STREETS PRIOR TO TRANSFER OF TITLE AS PART OF THE STATE ROUTE 91
CORRIDOR IMPROVEMENT PROJECT
Page 196
Overview
This item is for the Commission to:
1) Approve Agreement No. 18-31-076-00, with the city of Corona (City) for
maintenance of new city streets prior to transfer of title as part of the State
Route 91 Corridor Improvement Project (91 Project), in an amount not to exceed
$25,000; and
2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission.
8M. CONSTRUCTION AGREEMENT WITH DALKE & SONS CONSTRUCTION INC. FOR THE
PERRIS VALLEY LINE PLATFORM CANOPIES
Overview
This item is for the Commission to:
Page 208
1) Award Agreement No. 18-33-051-00 to Dalke & Sons Construction Inc. (Dalke),
as the lowest responsive, responsible bidder, for the construction of the Perris
Valley Line (PVL) Platform Canopy project (Project) in the amount of $2,078,391,
plus a contingency amount of $311,759, for a total amount not to exceed
$2,390,150;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission;
3) Authorize the Executive Director, or designee, to approve contingency work
pursuant to the agreement terms up to the total amount;
4) Authorize the payment of pass -through costs for flagging services in an amount
not to exceed $475,000; and
5) Approve an increase to the FY 2017/18 budget of $434,000 for flagging
expenditures.
8N. SB 1 LOCAL PARTNERSHIP PROGRAM PROJECT NOMINATIONS
Overview
This item is for the Commission to:
Page 218
1) Approve the project nominations for the SB 1 Local Partnership Program (LPP)
programs comprised of:
Riverside County Transportation Commission Agenda
December 13, 2017
Page 7
a) LPP Formula: 71/91 Interchange, State Route 91 High Occupancy
Vehicle
(91 HOV)/Pachappa Underpass, and Temescal Canyon Road Widening
projects; and
b) LPP Competitive: Interstate 15/Railroad Canyon;
2) Approve match funds by programming $2 million of 2009 Measure A Western
County (WC) Highway and/or New Corridor funds for the Commission's 71/91
Interchange project and $7.3 million of 2009 Measure A Western County
Regional Arterial (MARA) funds for the County of Riverside's (County) Temescal
Canyon Road Widening project;
3) Submit the project nominations to the California Transportation Commission
(CTC) by the application deadline of December 15, 2017 for the LPP Formula
program and January 30, 2018 for the LPP Competitive program;
4) Direct staff to include project amendments to reflect SB 1 LPP funding in the
Federal Transportation Improvement Program;
5) Authorize the Executive Director, pursuant to legal counsel review and upon CTC
adoption of the LPP Formula program of projects and CTC approval of the LPP
Competitive program of projects, to execute amendments to the following
agreements as required for programming SB 1 LPP and match funding:
a) Agreement No. 08-31-033-00 with Caltrans for the 71/91 Interchange
project;
b) Agreement No. 16-31-045-00 with Caltrans for the 91 HOV/Pachappa
Underpass project construction; and
c) Agreement No. 17-72-109-00 with the County for the Temescal Canyon
Road Widening project, as the County will be the implementing agency.
80. STATE ROUTE 91 DESIGN -BUILD CONTRACT AMENDMENT NO. 5
Overview
This item is for the Commission to:
Page 223
1) Approve Agreement No. 12-31-113-05, Amendment No. 5, with
Atkinson/Walsh, a Joint Venture, for additional design and construction work on
the State Route 91 Corridor Improvement Project (SR-91 CIP) in the amount of
$37,503,734, plus a contingency amount of $1 million, for a total amount not to
exceed $702,704,387;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review, to
execute the agreement on behalf of the Commission; and
3) Authorize the Executive Director to approve contincency work to be performed
pursuant to the agreement terms up to the not to exceed amount.
Riverside County Transportation Commission Agenda
December 13, 2017
Page 8
9. LEGISLATIVE UPDATE AND 2018 STATE AND FEDERAL LEGISLATIVE PLATFORM
Overview
This item is for the Commission to:
1) Adopt the following bill position:
a) H.R. 1— Seek amendments; and
2) Adopt the Commission's 2018 State and Federal Legislative Platform.
10. REFUNDING OF 2010 SERIES A AND 2013 SERIES A SALES TAX REVENUE BONDS
Overview
This item is for the Commission to:
Page 226
Page 241
1) Receive and file the presentation regarding the issuance of the 2017 Series B Sales Tax
Revenue Refunding Bonds (2017B Refunding Bonds);
2) Approve the refunding of a portion of the 2010 Series A Sales Tax Revenue Bonds
(2010A Bonds) and 2013 Series A Sales Tax Revenue Bonds (2013A Bonds), outstanding
in the aggregate principal amounts of $37,630,000 and $462,200,000, respectively;
3) Adopt Resolution No. 17-015, "Resolution Authorizing the Issuance and Sale of Not to
Exceed $410,075,000 Aggregate Principal Amount of Riverside County Transportation
Commission Sales Tax Revenue Refunding Bonds (Limited Tax Bonds) in One or More
Series, the Refunding of Outstanding Bonds, the Execution and Delivery of an Eighth
Supplemental Indenture, a Purchase Contract, an Official Statement, a Continuing
Disclosure Agreement and One or More Escrow Agreements, and the Taking of All Other
Actions Necessary in Connection Therewith";
4) Approve the draft preliminary Official Statement for the issuance of not to exceed
$410,075,000 in 2017B Refunding Bonds and authorize the Executive Director to
approve and execute the printing and distribution of the final Official Statement;
5) Approve the draft Continuing Disclosure Agreement related to the 2017B Refunding
Bonds between the Riverside County Transportation Commission and Digital Assurance
Certification, L.L.C., as dissemination agent, and authorize the Executive Director to
approve and execute the final Continuing Disclosure Agreement;
6) Approve the draft Eighth Supplemental Indenture for the 2017B Refunding Bonds
between the Riverside County Transportation Commission and U.S. Bank National
Association (US Bank), as Trustee, and authorize the Executive Director to approve and
execute the final Eighth Supplemental Indenture;
Riverside County Transportation Commission Agenda
December 13, 2017
Page 9
7) Approve the draft form of the Bond Purchase Agreement between the Riverside County
Transportation Commission and Goldman, Sachs & Co. (Goldman), as Underwriter
Representative acting on behalf of itself and Merrill Lynch, Pierce, Fenner & Smith
Incorporated (BofAML); Barclays Capital Inc. (Barclays); Academy Securities (Academy);
and Fidelity Capital Markets (Fidelity), (collectively the Underwriters), for the 2017B
Refunding Bonds and authorize the Chief Financial Officer to approve and execute the
final Bond Purchase Agreement;
8) Approve the draft form of Escrow Agreement between the Commission and US Bank,
as Escrow Agent;
9) Approve the estimated costs of issuance of $625,000 and underwriters' discount of
$1,075,000 to be paid from the bond proceeds and execution of related agreements,
as required;
10) Approve Agreement No. 05-19-510-13, Amendment No. 13 to Agreement
No. 07-31-14-00, with Orrick, Herrington, & Sutcliffe LLP (Orrick) for bond counsel
services related to the issuance of the 2017B Refunding Bonds for an additional amount
of $100,000 and a total amount not to exceed $2,850,000; and
11) Approve adjustments to the FY 2017/18 budget in the amount of $477.2 million to
increase sources and to increase uses related to the issuance and use of advance
refunding bond proceeds.
11. ELECTION OF RIVERSIDE COUNTY TRANSPORTATION COMMISSION OFFICERS AND
APPOINTMENT OF EXECUTIVE COMMITTEE MEMBERS
Page 247
Overview
This item is for the Commission to:
1) Election of Riverside County Transportation Commission Officers and Appointment of
Executive Committee Members
2) The Riverside County Board of Supervisor Commission members to appoint three
representatives to the Executive Committee, if necessary.
12. ITEM(S) PULLED FROM CONSENT CALENDAR AGENDA
13. COMMISSIONERS / EXECUTIVE DIRECTOR REPORT
Overview
This item provides the opportunity for the Commissioners and the Executive Director to report
on attended meetings/conferences and any other items related to Commission activities.
Riverside County Transportation Commission Agenda
December 13, 2017
Page 10
14. ADJOURNMENT
The next meeting of the Commission is scheduled to be held on Wednesday,
January 10, 2018, Board Room, First Floor, County Administrative Center, 4080 Lemon Street,
Riverside.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
ROLL CALL
DECEMBER 13, 2017
Present Absent
County of Riverside, District I �� O
County of Riverside, District II
County of Riverside, District III �� O
County of Riverside, District IV
County of Riverside, District V O
City of Banning --0r" O
City of Beaumont ,121''4 O
City of Blythe
City of Calimesa �Cl
City of Canyon Lake �' 0
City of Cathedral City Imo` O
City of Coachella O /A'�
City of Corona ,021--- O
City of Desert Hot Springs
City of Eastvale ,la' O
City of Hemet ..A'' CI
City of Indian Wells -471'-' O
City of Indio 0
City of Jurupa Valley
City of La Quinta -� O
City of Lake Elsinore
City of Menifee _� 0
City of Moreno Valley ,A'r" CI
City of Murrieta
City of Norco .-}Fr CI
City of Palm Desert -0- O
City of Palm Springs
City of Perris ,0'' CI
City of Rancho Mirage A'' O
City of Riverside � O
City of San Jacinto
City of Temecula
City of Wildomar �" O
Governor's Appointee, Caltrans District 8 � O
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
COMMISSIONER SIGN -IN SHEET
DECEMBER 13, 2017
NAME
AGENCY
E_MAIL ADDRESS
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AGENDA ITEM 6
MINUTES
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MINUTES
Wednesday, November 8, 2017
1. CALL TO ORDER
The Riverside County Transportation Commission was called to order by
Chairman John Tavaglione at 9:31 a.m. in the Board Room at the County of Riverside
Administrative Center, 4080 Lemon Street, First Floor, Riverside, California, 92501.
2. ROLL CALL
Commissioners/Alternates Present Commissioners Absent
Victoria Baca
Ben Benoit
Brian Berkson
Russell Betts
Randall Bonner
John Bulinski
Joseph DeConinck
Deborah Franklin
Rick Gibbs
Jan Harnik
Steven Hernandez
Berwin Hanna
Jim Hyatt
Kevin Jeffries
Andrew Kotyuk
Clint Lorimore
Bob Magee
Andy Melendrez
Michael Naggar
Greg Pettis*
V. Manuel Perez*
Robert Radi
Dana Reed
Karen Spiegel
John F. Tavaglione
Michael M. Vargas
Chuck Washington
Ted Weill
Lloyd White
Michael Wilson
Neil Winter
Marion Ashley
Ginny Foat
Linda Krupa
*Arrived after the meeting was called to order
3. PLEDGE OF ALLEGIANCE
Commissioner Chuck Washington, led the Commission in a flag salute.
4. PUBLIC COMMENTS
There were no requests to speak from the public.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 2
5. APPROVAL OF MINUTES — OCTOBER 11, 2017
M/S/C (Hanna/Wilson) to approve the October 11, 2017 minutes as submitted.
Abstain: Lorimore
6. ADDITIONS / REVISIONS
There were no additions or revisions to the agenda.
7. CONSENT CALENDAR
M/S/C (Baca/Betts) to approve the following Consent Calendar items.
Recuse: Spiegel on Agenda Item 7D
7A. SINGLE SIGNATURE AUTHORITY REPORT
Receive and file the Single Signature Authority report for the first quarter ended
September 30, 2017.
7B. AGREEMENTS FOR ON -CALL PUBLIC OUTREACH AND MARKETING SERVICES
1) Award the following agreements to provide on -call public outreach and
marketing services for a three-year term, and two, two-year options to
extend the agreements, in an amount not to exceed an aggregate value of
$1 million:
a) Agreement No. 17-15-105-00 to Arellano Associates;
b) Agreement No. 17-15-110-00 to Celtis Ventures, Inc.;
c) Agreement No. 17-15-111-00 to CityWorks People + Places, Inc.;
d) Agreement No. 17-15-112-00 to ETA Agency;
e) Agreement No. 17-15-113-00 to MBI Media; and
f) Agreement No. 17-15-114-00 to Moore lacofano Goltsman, Inc.
(MIG);
2) Authorize the Chair or Executive Director, pursuant to legal counsel review,
to execute the agreements, including option years, on behalf of the
Commission; and
3) Authorize the Executive Director, or designee, to execute task orders
awarded to the consultants under the terms of the agreements.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 3
7C. STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION MASTER
AGREEMENT ADMINISTERING AGENCY -STATE AGREEMENT FOR FEDERAL -AID
PROJECTS
1) Approve Master Administering Agency -State Agreement (Master
Agreement) No. 18-31-066-00 for Federal -Aid Projects between the
Commission and the State of California Department of Transportation
(Caltrans); and
2) Authorize the Chair, pursuant to legal counsel review, to execute the
agreement on behalf of the Commission.
7D. AMENDMENT TO AGREEMENT FOR ON -CALL STRATEGIC PARTNERSHIP ADVISOR
SERVICES WITH WSP USA INC. FOR THE 15/91 EXPRESS LANES CONNECTOR
PROJECT
1) Approve Agreement No. 06-66-027-23, Amendment No. 12 to Agreement
No. 06-66-027-00, with WSP USA Inc., formerly Parsons Brinckerhoff, Inc.,
to provide project management services for the proposed 15/91 Express
Lanes Connector (15/91 ELC) Project in the amount of $1,282,366, plus a
contingency amount of $128,237, for a total amount not to exceed
$1,410,603;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review,
to execute the agreement on behalf of the Commission; and
3) Authorize the Executive Director or designee to approve contingency work
up to the total not to exceed amount as required for the project.
7E. AGREEMENT FOR ARCHITECTURAL -ENGINEERING AND CONSTRUCTION
MANAGEMENT SERVICES FOR THE INTERSTATE 15 EXPRESS LANES REGIONAL
OPERATIONS CENTER AND STORAGE AND MAINTENANCE FACILITY BUILDOUTS
1) Award Agreement No. 18-31-006-00 to Owen Group, Inc. (Owen Group) to
provide architectural -engineering (A-E) and construction management
(CM) services for the 1-15 Express Lanes Regional Operations Center (ROC)
and Storage and Maintenance Facility (SAM) buildouts (Project) in the
amount of $550,052, plus a contingency amount of $55,005, for a total
amount not to exceed $605,057;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review,
to execute the agreement on behalf of the Commission; and
3) Authorize the Executive Director, or designee, to approve contingency
work pursuant to the agreement terms up to the total amount.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 4
7F. AGREEMENT FOR PREPARATION OF THE FINAL ENVIRONMENTAL DOCUMENT,
PRELIMINARY ENGINEERING, AND PLANS, SPECIFICATIONS AND ESTIMATES FOR
THE CONSTRUCTION OF THE SANTA ANA RIVER TRAIL PROJECT THROUGH THE
GREEN RIVER GOLF COURSE
1) Award Agreement No. 17-67-027-00 to Michael Baker International
(Michael Baker) to prepare a final environmental document; perform
preliminary engineering services; prepare plans, specifications, and
estimates (PS&E); and provide construction design support services for the
construction of the Santa Ana River Trail (SART) 2 project through Green
River Golf Course (Project) in the amount of $1,142,691, plus a contingency
amount of $114,269 for potential changes in scope, for a total amount not
to exceed $1,256,960;
2) Authorize the Chair or Executive Director, pursuant to legal counsel review
and contingent upon Riverside County Regional Park and Open -Space
District (Park District) execution of a Proposition 84 Grant funding
agreement, to execute the agreement on behalf of the Commission;
3) Authorize the Executive Director or designee to approve contingency work
as may be required for the Project;
4) Approve Agreement No. 18-67-064-00 with BNSF Railway (BNSF) to define
the roles and responsibilities of each party regarding safety related and
design review services for the Project, in an amount not to exceed
$300,000; and
5) Authorize the Chair or Executive Director, pursuant to legal counsel review,
to execute the agreements on behalf of the Commission.
7G. AGREEMENTS FOR ON -CALL CONSTRUCTION MANAGEMENT SERVICES,
MATERIALS TESTING, AND CONSTRUCTION SURVEYING SERVICES FOR THE
CONSTRUCTION OF COMMUTER RAIL STATION CAPITAL IMPROVEMENT
P ROJ ECTS
1) Award the following agreements to provide on -call construction
management services, materials testing, and construction surveying
services (collectively, CM services) for the construction of commuter rail
station capital improvement projects for a three-year term, and one, two-
year option to extend the agreements, in an amount not to exceed an
aggregate value of $7.5 million;
a) Agreement No. 17-33-099-00 to HDR Construction Control
Corporation;
b) Agreement No. 17-33-121-00 to Kleinfelder; and
c) Agreement No. 17-33-122-00 to S2 Engineering, Inc.;
Riverside County Transportation Commission Minutes
November 8, 2017
Page 5
2) Authorize the Chair or Executive Director, pursuant to legal counsel review,
to execute the agreements, including option years, on behalf of the
Commission; and
3) Authorize the Executive Director, or designee, to execute task orders
awarded to the consultants under the terms of the agreements.
7H. AGREEMENT WITH THE CALIFORNIA DEPARTMENT OF TRANSPORTATION FOR
THE OPERATION OF THE FREEWAY SERVICE PATROL PROGRAM IN RIVERSIDE
COUNTY
1) Approve Agreement No. 18-45-047-00 with the California Department of
Transportation (Ca!trans) for the operation of the Riverside County
Freeway Service Patrol (FSP) program in the amount not to exceed
$1,613,144 in state funding for Fiscal Year 2017/18; and
2) Authorize the Chair or Executive Director, pursuant to legal counsel review,
to execute the agreement on behalf of the Commission.
71. 2018 WESTERN RIVERSIDE COUNTY MEASURE A SPECIALIZED TRANSIT THREE-
YEAR CALL FOR PROJECTS
1) Approve the release of the 2018 Western Riverside County Measure A
Specialized Transit Three -Year Call for Projects (2018 Call for Projects) for
approximately $8.2 million covering Fiscal Years 2018/19 — 2020/21 for
Western Riverside County (Western County); and
2) Authorize staff to advertise the availability of funding and to solicit project
proposals from non-profit agencies and other interested parties or
operators.
At this time, Commissioners Greg Pettis and V. Manuel Perez joined the meeting.
8. 2009 MEASURE A LOCAL STREETS AND ROADS PROGRAM MAINTENANCE OF EFFORT
AND FISCAL YEARS 2017/18 — 2021/22 CAPITAL IMPROVEMENT PLAN FOR THE CITY OF
BEAUMONT
Lorelle Moe -Luna, Senior Management Analyst, provided the details for the 2009
Measure A Local Streets and Roads (LSR) Program Maintenance of Effort (MOE) and
Fiscal Years 2017/18 — 2021/22 Capital Improvement Plan for the city of Beaumont.
Commissioner Jim Hyatt expressed taking a position on behalf of the city of Calimesa
(Calimesa) on this issue since Calimesa was harmed by what the city of Beaumont
(Beaumont) did years past. Commissioner Hyatt referred to the Cherry Valley interchange
project that needs addition funding. According to Commissioner Hyatt, Beaumont has
built 1,200 homes in that area as Beaumont yet did not collect necessary Transportation
Riverside County Transportation Commission Minutes
November 8, 2017
Page 6
Uniform Mitigation Fees (TUMF). He went on to explain Calimesa would face additional
problems at that interchange due to the County approving a warehouse with 600 more
trips per day going through Cherry Valley.
Commissioner Hyatt also expressed concern regarding the distribution of punitive funds
from people being prosecuted. Commissioner Hyatt expressed that Calimesa believes it
should come back to the San Gorgonio Pass (Pass Zone) where Beaumont, Calimesa, and
the County have that opportunity to use those funds to recover what was lost years ago.
He suggested delaying this until WRCOG gets the Pass Zone together and defines where
those recovered funds will go. He discussed the Interstate 10 bypass project that is
attached to the Pass Zone. In his view the Bypass should be a regional project, to make it
more eligible for funding. Due to the combination of these concerns, Commissioner Hyatt
stated he will vote no on this agenda item.
In response to Commissioner Spiegel's clarification in the staff report about the portion
that states assuming that Beaumont's participation in TUMF is effective November 4,
Lorelle Moe -Luna replied it is more contingent upon the verification from WRCOG that
this is the effective date, which was received from Beaumont.
Commissioner Russell Betts concurred with Commissioner Hyatt's comments and his
position on this matter. He suggested the Commissioners vote to reject staff's
recommendations and have a motion to continue this agenda item until something can
be worked out in the Pass Zone.
Anne Mayer explained the issues raised by Calimesa were valid and she met with Calimesa
multiple times over the past few weeks and there is another meeting with WRCOG next
week. She clarified the agenda item is to reinstate Beaumont to the TUMF Program as
Beaumont met all the requirements put forward in the Measure A Ordinance. She
explained that while the discussion was somewhat related to the staff report topic it was
independent of the issues raised related to the funds that are reclaimed through the court
system.
Commissioner Bob Magee concurred with Commissioner Hyatt's comments and
expressed gratitude to staff for providing the attached settlement agreement and release
stating that it was a document he had never previously seen. Commissioner Magee
expressed it was informative to find a city could take an eight -year break from the
program, spend regional money directly inside its city boundaries, then come back after
paying a fine. He stated that he would support the continuance and would not vote in
favor of the original item as a protest to how the city of Lake Elsinore has been treated in
the past.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 7
M/S/C (Betts/Hyatt) for a 60-day continuance of this item.
Abstain: Hernandez and Pettis
No: Baca, Benoit, Gibbs, Hanna, Harnik, Melendrez, Naggar, Reed, Washington,
Wilson, and White
After the vote, Commissioner White stated that he had wanted to speak before the continuance
was voted on. He explained that the eight -year break from the TUMF program was not good for
Beaumont and the city is currently in a challenging financial situation and beginning to rebuild
the streets, and reestablish the Community's trust. He explained when he became a
Commissioner he told the Commission the entire region and the citizens of Beaumont were
harmed by what the former predecessors did. He explained city was doing its best to move
forward. Commissioner White expressed his concern that a continuance would add another
60 days before it could even be considered again. He stressed that Beaumont was trying to earn
that trust back with a new council, and new staff members. Commissioner White noted this is a
WRCOG issue and concurred with Commissioner Hyatt the Pass Zone needs to receive some
restitution, but that was not Beaumont's issue to decide. Commissioner White expressed the
Measure A issue had nothing to do with the issue being brought up and the protest vote to
continue the item had set Beaumont back a few steps.
Chairman Tavaglione appreciated Commissioner White's comments and noted this has been an
unfortunate situation with Beaumont and suggested the Commissioners work together and move
on.
In response to Commissioner Reed's question if Chairman Tavaglione voted yes on the last vote,
Chairman Tavaglione replied he meant to vote no on the 60-day continuance.
Commissioner White expressed that is why he requested to speak before the vote to ensure the
Commissioners understood they were voting to continue it for 60 days.
Anne Mayer recommended staff comes back with an update in December with a presentation
that explains what the proposals are with respect to the settlement funds and the impacts on the
Commission.
Chairman Tavaglione asked legal counsel whether there was an opportunity to reconsider the
previous action.
Steve DeBaun replied the process would be to move for reconsideration and that can be moved
by those that have voted in favor of the original motion. If that passed there would be a new
vote.
At this time, Chairman Tavaglione moved for reconsideration. He clarified the Commissioners
would be voting to reconsider the last motion to continue.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 8
Commissioner White pointed out that five Commissioners were waiting to speak and if this does
not pass they would lose that opportunity.
Chairman Tavaglione replied the Commissioners would be doing a reconsideration of the
previous vote and the speakers would have an opportunity to speak.
Commissioner Reed replied that if it is not reconsidered then the Commission will move on to
Agenda Item 9.
Commissioner Betts recommended to vote on the motion and stated that he would vote no.
Commissioner Spiegel explained when Anne Mayer made her initial comments about two
separate items she respected that, but it was not until her second statement that all the regional
arterial funds will be jeopardized, which is a concern that every jurisdiction should consider. She
suggested to reconsider and push it out 30 days and in December the Commissioners can vote
so those funds are not jeopardized during this timeframe.
Commissioner Hyatt concurred with Anne Mayer comments to bring it back in December as it
would be WRCOG's responsibility to hold a Pass Zone meeting on the resolutions to discuss the
recovery money. He commented that the penalty money was for people to avoid jail time by
paying a fine and should not be influenced by Beaumont.
Commissioner Baca stated she supported reconsideration as it is not in the best interest for local
jurisdictions to wait for these funds for the MOE.
Commissioner Neil Winter suggested it would be best to prepare a further report in 30 days to
get the Commission updated on all the conditions would help make a wiser vote on this particular
option.
Commissioner White clarified he did not say the Pass Zone should not share in the revenues from
the criminal proceedings; he clarified that he did not that think it was Beaumont's decision to
decide where the money would go.
M/S/C (Tavaglione/Spiegel) to reconsider the previous agenda item.
Abstain: Pettis
No: Betts, Franklin, Hyatt, Magee, and Lorimore
Commissioner Reed clarified the Commission is back to the motion to continue for 60 days. A
yes vote will continue for 60 days and a no vote means the Commission will continue discussing
the issue today.
Commissioner Washington suggested a substitute motion to adopt staff's recommendation.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 9
Commissioner Reed clarified that is the motion where Commissioner Betts substituted. If
Commissioner Betts' motion is defeated the Commission will go to the first, which is to adopt
staff's recommendation.
Chairman Tavaglione clarified the second motion or the substitute motion was to continue the
agenda item for 60 days. If this agenda item is continued there will be impacts as there are four
cities that do not agree with the Commissioners and transportation funds are being delayed. He
asked the Commissioners to either vote no on the substitute motion to move this agenda item
along or vote yes on the substitute motion and continue for 60 days and put everything at risk.
M/S to continue for 60 days.
Abstain: Pettis
Yes: Betts, Hyatt, Lorimore, and Magee
No: Baca, Benoit, Berkson, Bonner, DeConinck, Franklin, Gibbs, Hanna, Harnik,
Hernandez, Jeffries, Kotyuk, Melendrez, Naggar, Tavaglione, Perez,
Spiegel, Radi, Reed, Vargas, Washington, Weill, Wilson, White, and Winter
Motion failed
Chairman Tavaglione clarified this is to approve the original motion.
M/S/C (Baca/Tavaglione) to:
1) Approve the 2009 Measure A Maintenance of Effort (MOE) Base Year
level of $515,908 (prorated initial year amount of $343,939) for the city
of Beaumont (Beaumont) applicable beginning with Fiscal Year 2017/18;
2) Approve Beaumont's FYs 2017/18 — 2021/22 Capital Improvement Plan
(CIP) for Local Streets and Roads (LSR);
3) Split Measure A revenues between Western Riverside Council of
Governments (WRCOG) and Beaumont according to the settlement
terms approved by both parties, including a maximum amount of
$9.4 million to be received by WRCOG; and
4) Allocate Beaumont's share of Measure A LSR funds starting in January
2018, which represents sales taxes earned in November 2017, assuming
that Beaumont's participation in TUMF is effective November 4, 2017.
Abstain: Pettis
No: Betts, Hyatt, and Magee
At this time, Commissioner Kotyuk left the meeting.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 10
9. SB 132 AGREEMENTS FOR LIMONITE INTERCHANGE AND JURUPA ROAD GRADE
SEPARATION PROJECTS
Shirley Medina, Planning and Programming Director, provided an overview for the SB 132
agreements for Limonite Interchange and Jurupa Road Grade Separation projects. She
displayed the SB 132 projects map that identifies the five projects along or near the
proximity of the Interstate 15 between State Route 91 and SR-60.
M/S/C (Wilson/Winter) to:
1) Approve the following agreements for projects that received an
allocation of SB 132 funds:
a) Agreement No. 18-62-059-00 with Riverside County (County) and
the cities of Eastvale and Jurupa Valley for the Interstate
15/Limonite Avenue Interchange Improvement (1-15 Limonite
Interchange) project;
b) Agreement No. 18-62-058-00 with the County and the city of
Jurupa Valley (Jurupa Valley) for the Jurupa Road Grade
Separation project; and
2) Authorize the Executive Director, pursuant to legal counsel review, to
execute the agreements and any future amendments considered minor,
with the exception of changes to funding.
10. CONSTRUCTION AGREEMENT WITH LOS ANGELES ENGINEERING, INC. FOR THE LA
SIERRA PARKING LOT EXPANSION
Patti Castillo, Capital Projects Manager, presented the construction agreement with Los
Angeles Engineering, Inc. for the La Sierra Parking Lot Expansion project, highlighting the
following areas:
• A map depicting the project location;
• A map depicting the current location of the La Sierra Commuter Rail station and
the vacant lot owned by the Commission for the future parking lot expansion; and
• A proposed project design of the additional 444 parking spaces — 10 additional
ADA spaces, 27 electric vehicle ready spaces, 36 clear air vehicle spaces, a traffic
signal, landscaping, lighting, security cameras, a storage building, restroom
facility, and adding six additional RTA bus bays.
In response to Commissioner Spiegel's request staff communicated with the Riverside
Transit Agency (RTA) about the use of the existing bus bay, Patti Castillo replied RTA will
not use the existing bus bay. The existing bus bay will remain in place to be used for
dropping off people and RTA will utilize the new six bus bay locations for its service.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 11
In response to Commissioner's Speigel's question if there will be restriping, Patti Castillo
replied the existing bus bay will be left as is and staff will monitor it in case improvements
need to be made.
M/S/C (Baca/Radi) to:
1) Award Agreement No. 18-33-123-00 to Los Angeles Engineering, Inc. (LA
Engineering), as the lowest responsible, responsive bidder, for the
construction of the La Sierra Parking Lot Expansion project (Project) in
the amount of $4,095,100, plus a contingency amount of $614,265 for a
total amount not to exceed $4,709,365;
2) Authorize the Chair or Executive Director, pursuant to legal counsel
review, to execute the agreement on behalf of the Commission;
3) Authorize the Executive Director, or designee, to approve contingency
work pursuant to the agreement terms up to the total amount; and
4) Authorize the Executive Director to enter into agreements, or
amendments to existing agreements, as determined appropriate, with
BNSF Railway (BNSF) and city of Riverside Public Utilities for flagging and
utility connection fees for an amount not to exceed $200,000.
11. ITEM(S) PULLED FROM CONSENT CALENDAR FOR DISCUSSION
There were no items pulled from the Consent Calendar.
12. COMMISSIONERS/EXECUTIVE DIRECTOR'S REPORT
12A. Commissioner Spiegel expressed gratitude for the Santa Ana River Trail project
that was approved today.
12B. Commissioner Hanna announced on Veterans Day on November 11 there will be
a celebration at the George Ingalls Veterans Memorial Park in Norco.
12C. Commissioner White expressed continuing to be committed as Beaumont has
changed but the struggle Beaumont has with earning the Commissioners trust and
Beaumont's neighbors trust, which does not compare to earning back the
community's trust. He expressed gratitude for approving Beaumont's MOE.
12D. Commissioner Baca announced on November 11 the city of Moreno Valley will
host its 10h Annual Veterans Day ceremony off SR-60 at Frederick Street and the
guest speaker is a World War II Veteran — Retired Colonel Earl T. Williams from the
United States Air Force.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 12
12E. Commissioner Franklin announced as the Chair of WRCOG there is a Technical
Advisory Committee meeting on November 16 to discuss the issues about the
TUMF and the Pass Area.
12F. Governor's Appointee John Bulinski from Caltrans District 8, announced there will
be an SB 1 partnership Forum — Rebuilding California held on November 30 at the
Riverside Convention Center. A flyer was distributed to the Commissioners.
12G. Commissioner Vargas announced Thomas the Train is in town in the city of Perris
at the Orange Empire Railway Museum on November 10, 11, and 12.
12H. Commissioner Harnik reminded the Commissioners on November 9 the Southern
California Association of Governments is hosting its Eight Annual Southern
California Economic Summit the Cost of Not Housing at the L.A. Hotel Downtown.
121. Anne Mayer announced:
• There will be a Budget and Implementation, Audit Ad Hoc, and the
Western Riverside County programs and Projects Committee meetings on
November 27;
• On December 6 a groundbreaking ceremony for the 1-15 Express Lanes
Project is being held at the Silverlakes Sports Complex in Norco at 9:30 a.m.
Invitations were distributed to the Commissioners;
• On December 6-7 the California Transportation Commission (CTC) will hold
their meetings in the Board Room; and
• There was a brochure that was distributed to the Commissioners about the
Festival of Lights Metrolink trains.
13 CLOSED SESSION
13A. CONFERENCE WITH REAL PROPERTY NEGOTIATORS
Pursuant to Government Code Section 54956.8
Agency Negotiator: Executive Director or Designee
Property Owner(s): See Below
Item
APN(s)
Property Owner(s)
1
206-132-036
W. La Cadena Property
206-132-037
13B. CONFERENCE WITH LEGAL COUNSEL — EXISTING LITIGATION
Pursuant to Government Code Section 54956.9(d)(1)
Case No. PSC 1705629
The Commission was given authority to defend the litigation matter.
Riverside County Transportation Commission Minutes
November 8, 2017
Page 13
14. ADJOURNMENT
There being no further business for consideration by the Riverside County Transportation
Commission, Chairman Tavaglione adjourned the meeting at 10:51 a.m. The next
Commission meeting is scheduled to be held at 9:30 a.m., Wednesday, December
13, 2017, Board Chambers, First Floor, County Administrative Center, 4080 Lemon Street,
Riverside.
Respectfully submitted,
UVA., X
Tara Byerly
Deputy Clerk of the Board
AGENDA ITEM 8A
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE:
December 13, 2017
TO:
Riverside County Transportation Commission
FROM:
John Standiford, Deputy Executive Director
THROUGH:
Anne Mayer, Executive Director
SUBJECT:
Proposed 2018 Commission/Committee Meeting Schedule
STAFF RECOMMENDATION:
This item is for the Commission to adopt its 2018 Commission/Committee Meeting Schedule.
BACKGROUND INFORMATION:
The Commission is scheduled to meet on the second Wednesday of each month at 9:30 a.m. The
Executive Committee is scheduled at 9:00 a.m. on the same day. For 2018, the annual
Commission Workshop will be held on Thursday, January 25 and Friday, January 26 at the Hyatt
Regency Indian Wells Resort. Due to the timing of the annual workshop, the January Budget and
Implementation and Western Riverside County Programs and Projects Committees will not be
scheduled.
The Commission's policy committees — Budget and Implementation and Western Riverside
County Programs and Projects— meet on the fourth Monday of each month at 9:30 a.m. and 1:30
p.m., respectively. For 2018, these Committees will not meet in May or December due to a
holiday. Additionally, the Eastern Riverside County Programs and Projects Committee meets on
the first Monday of each month at 10:30 a.m., except when the first Monday falls on a holiday or
in the same week as a Commission meeting. There are times when a committee meeting may be
cancelled due to lack of substantive agenda items. When this occurs, the Commissioners will be
notified and items are forwarded directly to the Commission for final action.
Attachment: Proposed 2018 Commission/Committee Meetings Schedule
Agenda Item 8A
1
RIVERSIDE
ROTC COUNTY N PDRTATIDN 2018 MEETING
COMMISSION
SCHEDULE
Meeting Date
(Wednesday)
Commission
Location
Executive
Committee
Location
January 10
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
January 25-26
Meeting / Workshop
1:30 p.m. (Thursday)
8:30 a.m. (Friday)
Hyatt Regency Indian
Wells Resort
N/A
N/A
February 14
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
March 14
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
April 11
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
May 9
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
June 13
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
July 11
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
August 8
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
September 12
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
October 10
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
November 14
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
December 12
9:30 a.m.
Board Room
9:00 a.m.
RCTC Conf. Rm A
The Commission and the Executive Committee meetings are held on the second Wednesday of each month.
2018 RCTC Meeting Schedule — V1
2
Meeting Date (Monday)
Budget and
Implementation
Committee
Western Riverside
County Programs and
Projects Committee
Location
February 26
9:30 a.m.
1:30 p.m.
Board Room
March 26
9:30 a.m.
1:30 p.m.
Board Room
April 23
9:30 a.m.
1:30 p.m.
Board Room
June 25
9:30 a.m.
1:30 p.m.
Board Room
July 23
9:30 a.m.
1:30 p.m.
Board Room
August 27
9:30 a.m.
1:30 p.m.
Board Room
September 24
9:30 a.m.
1:30 p.m.
Board Room
October 22
9:30 a.m.
1:30 p.m.
Board Room
November 26
9:30 a.m.
1:30 p.m.
Board Room
The meetings of the Budget and Implementation Committee and the Western Riverside County Programs and Projects Committee are held
on the fourth Monday of each month, except on holidays.
2018 RCTC Meeting Schedule — V1
3
Meeting Date (Monday)
Eastern Riverside County
Programs and Projects Committee
Location
February 5
10:30 a.m.
CVAG Office
73-710 Fred Waring Drive
Suite 119
Palm Desert, CA 92260
March 5
10:30 a.m.
April 2
10:30 a.m.
June 4
10:30 a.m.
July 2
10:30 a.m.
September 3
10:30 a.m.
October 1
10:30 a.m.
November 5
10:30 a.m.
December 3
10:30 a.m.
The meetings of the Eastern Riverside County Programs and Projects Committee are held on the first Monday of the month, except when
the first Monday falls on a holiday or in the same week as a Commission meeting.
Meeting Date (Monday)
Technical Advisory Committee
Location
January 22
10:00 a.m.
Riverside — RCTC Conf. Rm A
March 19
10:30 a.m.
Palm Desert — CVAG Board Room
May 21
10:00 a.m.
Riverside — RCTC Conf. Rm A
July 16
10:30 a.m.
Palm Desert — CVAG Board Room
September 17
10:00 a.m.
Riverside — RCTC Conf. Rm A
November 19
10:30 a.m.
Palm Desert — CVAG Board Room
The meetings of the Technical Advisory Committee are held on the third Monday of every other month, except for holidays.
If the meeting falls on a holiday, the meeting is moved to the fourth Monday.
Riverside — Commission Office, rC ounty Administrative Center,
4080 Lemon Street, 3 Floor, Riverside, CA
Coachella Valley Association of Governments —
Board Room, 73-710 Fred Waring Drive,
Palm Desert, CA
2018 RCTC Meeting Schedule — V1
4
AGENDA ITEM 8B
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE:
December 13, 2017
TO:
Riverside County Transportation Commission
FROM:
Audit Ad Hoc Committee
Theresia Trevino, Chief Financial Officer
Michele Cisneros, Deputy Director of Finance
THROUGH:
Anne Mayer, Executive Director
SUBJECT:
Fiscal Year 2016/17 Commission Audit Results
AUDIT AD HOC COMMITTEE AND STAFF RECOMMENDATION:
This item is for the Commission to:
1) Receive and file the Fiscal Year 2016/17
a) Comprehensive Annual Financial Report (CAFR);
b) Local Transportation Fund (LTF) Financial and Compliance Report;
c) State Transit Assistance (STA) Fund Financial and Compliance Report;
d) Proposition 1B Rehabilitation and Security Project (Proposition 1B) Accounts
Financial and Compliance Reports;
e) Low Carbon Transit Operations Program (LCTOP) Account Financial and
Compliance Reports;
f) Single Audit Report;
g) RCTC 91 Express Lanes Fund Financial Report;
h) Commercial Paper Compliance Report;
i) Auditor Required Communications Report;
j) Agreed -Upon Procedures Report related to the Appropriations Limit Calculation;
k) Agreed -Upon Procedures Report related to the Commuter Assistance Program
(CAP) incentives; and
I) Management certifications.
BACKGROUND INFORMATION:
In April 2015, Macias Gini & O'Connell, LLP (MGO) was selected to perform the annual audit of
the Commission's financial statements included in the CAFR, LTF, STA, RCTC 91 Express Lanes
Fund, and federal awards. As a result of receipt of Proposition 1B and LCTOP funds for commuter
rail rehabilitation and security projects, a separate audit is required. Additionally, MGO was to
perform agreed -upon procedures related to the annual Appropriations Limit Calculation and the
CAP incentives and to report on compliance with commercial paper debt covenants. The audits,
compliance procedures, and agreed -upon procedures for the fiscal year ended June 30, 2017,
have been completed, and MGO issued all reports.
Agenda Item 8B
The Commission's CAFR consists of three sections: introductory, financial, and statistical. While
the introductory and statistical sections were not audited by MGO, the basic financial statements
included in the financial section were audited by MGO. The Commission received an unmodified
opinion on its basic financial statements from MGO, 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 subjected 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 include government -wide financial statements, fund financial
statements, and notes to the financial statements. Management's Discussion and Analysis
section provides a narrative overview and analysis of the Commission's financial activities for the
fiscal year. Financial highlights and significant matters of the basic financial statements include:
• Net position of approximately $141.5 million at June 30, 2017 compared to
approximately $336.7 million at June 30, 2016, reflecting a net decrease of
$195.2 million;
• The net decrease in net position consisting of a net increase of approximately
$98.5 million from governmental activities and a net decrease of approximately
$293.7 million from business -type activities;
• Governmental fund balances of approximately $706.4 million attune 30, 2017, compared
to approximately $740.4 million at June 30, 2016, representing a decrease of
approximately $34 million;
• The addition of business type activities and a major proprietary fund, RCTC 91 Express
Lanes Fund (an enterprise fund of the Commission), as a result of the substantial
completion of the 91 Project and opening of tolled express lanes in March 2017. The
proprietary fund reflects 103 days of toll operations and the transfer of capital and
intangible assets and toll -supported long-term debt from governmental activities;
• Early implementation of Governmental Accounting Standards Board (GASB) Statement
No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than
Pensions, related to other postemployment benefits (OPEB) and GASB Statement No. 85,
Omnibus 2017, for fiscal years beginning after June 15, 2017. As a result, there were no
fiscal impacts from this implementation and two new schedules, Schedule of Changes in
the Net OPEB Liability and Related Ratios and Schedule of OPEB Contributions, were
added to the Required Supplementary Information section.
The other supplementary information in the financial section includes the Schedule of Uses of
Debt Proceeds and Fund Balances. This schedule was proactively added by staff to the CAFR
beginning in FY 2015/16 in response to state legislative efforts for improved disclosure regarding
the use of bond proceeds. In addition to revenues and other financing sources, it provides
detailed information regarding the use of commercial paper notes, sales tax revenue bonds, toll
revenue bonds, and Transportation Infrastructure Finance and Innovation Act loan proceeds in
the form of expenditures and other financing uses (transfers out).
Agenda Item 8B
6
The audit reports related to the separately issued financial statements of the LTF, STA,
Proposition 1B, and LCTOP also reflect unmodified opinions from MGO. These financial
statements are required to be issued separately under the Transportation Development Act
(TDA), including the provisions for Proposition 1B and LCTOP; however, the LTF and STA financial
position and operations are included in the fund financial statements in the CAFR. The
Proposition 1B and LCTOP financial position are part of the General and Measure A Western
County Commuter Rail funds. These reports noted no matters considered to be a material
weakness in internal control and no instances of noncompliance.
The 2017 Single Audit Report includes the reports on compliance and internal control over
financial reporting and over federal awards. These reports noted one finding related to failure
to submit the quarterly progress reports for a rail capital grant on a timely basis to Caltrans.
Management concurred with the finding and will design and implement procedures to ensure
the progress report is prepared, reviewed, and submitted within the required 10 calendar days
from the end of the quarter beginning with the second quarter progress report due
January 10, 2018.
The RCTC 91 Express Lanes Fund Financial Report consists of the financial statements, including
Management's Discussion and Analysis and notes to financial statements, of the new RCTC 91
Express Lanes. Financial highlights include net position (deficit) of ($293,678,840) which
consisted of:
• Net investment in capital assets of ($301,737,495) reflecting toll -supported debt in excess
of capital assets;
• Restricted net position of $242,134,144 comprised of nonspendable intangible assets of
$234,075,489 and amounts restricted for toll operations in accordance with debt
indentures and agreements; and
• Unrestricted net position (deficit) of ($234,075,489) related to the toll -supported debt
issued for the nonspendable intangible assets of the 91 Project.
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 MGO indicated that nothing came to the auditor's attention that
caused the auditors to believe 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. MGO did not
have any recommendations or comments on other matters; therefore, it did not issue a
management letter.
The Appropriations Limit Calculations and CAP reports are based on specific procedures agreed
to by the Commission. For the Appropriations Limit Calculation and CAP, the auditors noted no
exceptions or findings related to the procedures performed.
Agenda Item 8B
7
As required by American Institute of Certified Public Accountants Auditing Standards Board
Statement No. 114, The Auditor's Communications With Those Charged with Governance, the
Commission's auditor is required to make certain annual communications to the Commission's
Audit Ad Hoc Committee, or its equivalent, regarding the audit of the Commission's financial
statements following the completion of the audit. The annual audit for FY 2016/17 conducted
by MGO was completed in October 2017. The report to the Audit Ad Hoc Committee from the
auditor contains the required communications about the audit.
As part of the development of the Commission's Accountability Program, the management team
has completed certifications relating to financial reporting and operational disclosures.
Attachments: Posted on the Commission Website
1) 2017 Comprehensive Annual Financial Report
2) 2017 Local Transportation Fund Financial and Compliance Report
3) 2017 State Transit Assistance Fund Financial and Compliance Report
4) 2017 Proposition 1B Rehabilitation and Security Project Accounts Financial and
Compliance Reports
5) 2017 Low Carbon Transit Operations Program Account Financial and Compliance
Reports
6) 2017 Single Audit Report
7) 2017 RCTC 91 Express Lanes Fund Financial Report
8) 2017 Commercial Paper Compliance Report
9) 2017 Report to the Audit Ad Hoc Committee
10) 2017 Agreed -Upon Procedures Report related to the Appropriations Limit Calculation
11) 2017 Agreed -Upon Procedures Report related to the Commuter Assistance Program
incentives
12) 2017 Executive Director and Chief Financial Officer Certification
13) 2017 Director's Certification
Agenda Item 8B
8
ATTACHMENT 1
Riverside County Transportation Commission
Riverside County, California
Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2017
RIVERSIDE
COUNTY
TRANSPORTATION
COMMISSION
Intentionally left blank
Riverside County Transportation Commission
Riverside County, California
Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2017
Submitted By:
Theresia Trevino, Chief Financial Officer
Michele Cisneros, Deputy Director of Finance
RIVERSIDE
COUNTY
TRANSPORTATION
COMMISSION
Contents
Introductory Section
Letter of Transmittal
Organization Chart
List of Principal Officials and Management Staff
Financial Section
Independent Auditors' Report
Management's Discussion and Analysis
Basic Financial Statements
Government -wide Financial Statements
Statement of Net Position
Statement of Activities
Fund Financial Statements
Governmental Funds
1
3
16
17
Balance Sheet —Governmental Funds 18
Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position 20
Statement of Revenues, Expenditures and Changes in Fund Balances
—Governmental Funds 21
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances
of Governmental Funds to the Statement of Activities 23
Proprietary Fund
Statement of Fund Net Position 24
Statement of Revenues, Expenses and Changes in Fund Net Position 25
Statement of Cash Flows 26
Notes to Financial Statements 28
Required Supplementary Information
Budgetary Comparison Schedules
General Fund 67
Major Special Revenue Funds 68
Schedule of Proportionate Share of Net Pension Liability 70
Schedule of Pension Contributions 71
Schedule of Changes in the Net OPEB Liability and Related Ratios 72
Schedule of OPEB Contributions 73
Notes to Required Supplementary Information 74
Other Supplementary Information
Nonmajor Governmental Funds 75
Combining Balance Sheet 76
Combining Statement of Revenues, Expenditures and Changes in Fund Balances 78
Schedule of Revenues, Expenditures and Changes in Fund Balances —Budget and Actual:
Nonmajor Special Revenue Funds 80
Capital Projects Funds 84
Debt Service Fund 85
Schedule of Expenditures for Local Streets and Roads by Geographic Area —All Special
Revenue Funds 86
Schedule of Expenditures for Transit and Specialized Transportation by Geographic Area and
Source —All Special Revenue Funds 87
Schedule of Uses of Debt Proceeds and Fund Balances 88
Contents, Continued
ri4}r 1113N ra •a-, -r-pL i
Statistical Section
Statistical Section Overview
Primary Government Net Position by Component
Changes in Primary Government Net Position
Fund Balances of Governmental Funds
Changes in Fund Balances of Governmental Funds
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
Measure A Sales Tax by Economic Category
Measure A Revenues and Pledged Revenue Coverage
Ratios of Outstanding Debt by Type
Computation of Legal Debt Margin
Demographic and Economic Statistics for the County of Riverside
Employment Statistics by Industry for the County of Riverside
Full-time Equivalent Employees by Function/Program
Operating Indicators
Capital Asset Statistics by Program
89
90
91
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
Introductory Section
Intentionally left blank
October 27, 2017
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, 2017.
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 internal 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.
Macias Gini & O'Connell LLP has issued an unmodified opinion on the Commission's financial statements for the year ended
June 30, 2017. 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 RCTC's Governance and Responsibilities
The Commission was established by state law in 1976 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 governing 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 28 cities, and one non -voting member appointed by the Governor. 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 and/or reviews the allocation of federal, state, and local funds for highway, transit, rail, non -motorized
travel (bicycle and pedestrian), and other transportation activities.
i
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The Commission also serves as the tax authority and implementation agency for the voter -approved Measure A Transportation
Improvement Program, which imposes a half -cent sales tax to fund transportation improvements. Originally approved in 1988
(1989 Measure A), Riverside County's voters in 2002 approved a 30-year extension of Measure A commencing July 1, 2009
through June 30, 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 Fund (LTF), which is 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. The motorist aid program also includes the operation of the Inland Empire 511 (IE511) system which
provides comprehensive real time traveler information for freeways, bus and rail transit, and rideshare services. All 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 that 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 the 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.
ii
Local Economy
Riverside County has specific competitive advantages over nearby coastal counties (Los Angeles, Orange, and San Diego)
including housing that was (and remains) more available and affordable and commercial real estate and land available for
development at lower costs. Riverside County's economy has 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. As a result, the County's employment and commercial base is
diversified, and the County's share of the regional economy has increased.
Riverside County's local economy is experiencing significant improvement since the nationwide recession, which impact was
amplified in the Inland Empire (i.e., San Bernardino and Riverside counties). Sales tax revenues have rebounded from the
economic downturn's low point in 2010, with Measure A revenues growing by 4.6 % and LTF revenues increasing by 5.3 % in FY
2016/17. Transportation Uniform Mitigation Fee (TUMF) revenues decreased 1%, as larger development projects awaited the
results of the Nexus Study, which would determine revised TUMF fees.
Regardless of the future economic conditions, 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 many of the fundamental positive attributes that fueled its
earlier growth, 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, transportation funding is a source of continuing debate regarding future priorities. In April 2017 Governor Brown
signed Senate Bill (SB)1, which raises vehicle registrations fees and the state gas tax by 12 cents per gallon to fund transportation
projects with a "Fix it First" and public transit orientation that stresses ongoing maintenance over capacity enhancement.
Sustainability has become a statewide priority and will likely impact the direction of state funding for many years into the future,
and California's Cap and Trade program (which has been reauthorized) could prove to be a source of funding for transit services.
In addition to the gas tax legislation, the Governor also signed SB 132 which provides $427 million from the state's current budget
to fund five important new transportation projects in Northwest Riverside County. This includes two grade separations in Jurupa
Valley and Corona, a new bridge over the Santa Ana River at Hamner Avenue in Norco, improvements to the Interstate 15 (I-
15)/Limonite Avenue interchange, and a new express lanes connector between the RCTC 91 Express Lanes and the future 1-15
Express Lanes.
The 15/91 express lanes connector will be especially important to the Commission and will provide a needed direct express lane
to express lane connection between State Route 91 (SR-91) and the northern portion of 1-15. Additional legislation also provided
the Commission with added flexibility in delivering the project by allowing for the use of the design -build or the construction
manager general contractor method of procurement. As a result, the 15/91 express lanes connector is already underway with the
approval of a design contract in October and the intent to complete the project prior to the legislative deadline in 2023.
The news on the federal level is somewhat less predictable. In December 2015, the comprehensive transportation bill known as
Fixing America's Surface Transportation Act — or FAST Act — superseded Moving Ahead for Progress in the 21st Century (MAP-
21) which originally expired in June 2014. The federal government will continue to be a source of highway funding through the
Surface Transportation Block Grant Program (formerly, Surface Transportation Program) and the Congestion Mitigation Air Quality
program, since the FAST Act continues these programs at roughly the same funding level. Federal dollars are also needed by the
Commission's transit partners for capital programs.
iii
Measure A Western Riverside County Western County Delivery Plan — Continuing to Move Riverside County
The widening of SR-91 and a number of other major freeway corridors comprise a multi -year Western Riverside County (Western
County) Delivery Plan (Delivery Plan) that focuses on investing more than $2 billion in improvements during the first ten years of
the 2009 Measure A program. The Delivery Plan was adopted by the Commission in December 2006 and was updated in January
2010 and February 2012. In order to make the needed investments, the plan relies on Measure A, State Transportation
Improvement Program (STIP), and Proposition 1 B dollars as well as the development of tolled express lanes on 1-15 and the
extension of the 91 Express Lanes into Riverside County (RCTC 91 Express Lanes).
While the Delivery Plan is ambitious, it is only one portion of a much larger program of projects and services the Commission will
provide throughout the County. Additional responsibilities and challenges include working cooperatively with the Coachella Valley
Association of Governments (CVAG) to fund projects and continued oversight and funding of transit services throughout the
County.
The success of all of these efforts will require a combination of funding sources that will depend on the federal government and
State commitments to funding infrastructure. However, the primary — and most predictable — source of funding for the Commission
will continue to be the Measure A half -cent sales tax program approved by Riverside County voters.
Capital Project Delivery and Implementation — Completing a Promise
The Capital Project Development and Delivery Department is responsible for major highway and rail capital projects from initial
environmental study through preliminary engineering, final design, right of way acquisition, and construction.
The Commission is currently in the midst of an unprecedented era of transportation investment. The results can be seen
throughout Riverside County with numerous projects under construction, successful transit service, and promises of more on the
way in the near future. There are also a number of notable projects which have been completed in the past year which can be
seen as tangible examples of the Commission completing promises that were made to voters who approved Measure A. The
Commission has developed a track record of success which is taking shape throughout the County as evidenced in the following
project types.
Highways: In February 2012 the Commission amended the Delivery Plan to include a truck climbing lanes safety project on SR-
60 in the Badlands area in place of a similar nearby project on 1-10. In partnership with Caltrans, the Commission is the project
sponsor and Caltrans is the lead agency for preliminary engineering using federal funds. With a total project cost estimated at
$122 million, construction of the project can begin in 2018 with the resolution of legal challenges against the project's
Environmental Impact Report (EIR).
Commuter Rail: Since 1993 the Commission has held title to and managed the 38-mile San Jacinto Branch Line and several
adjacent properties in anticipation of offering Metrolink commuter rail service to a wider area of the County, initially including
Moreno Valley and Perris and ultimately to Hemet/San Jacinto. The completion of the Perris Valley Line project in June 2016
completed yet another promise made to voters in Measure A and provides Riverside County with a foundation for better transit
service involving a combination of commuter rail, local buses and active transportation improvements. It added 24 miles of
commuter rail service in Riverside County with stops in Riverside/Hunter Park — University California Riverside (UCR), Moreno
Valley/March Field, Downtown Perris and South Perris. The project used a combination of federal Small Starts Grant funding,
Measure A and STIP dollars. Ridership on the new extension has increased with a targeted marketing campaign.
Active Transportation: Non -motorized transportation options are becoming an increasingly important part of California's
transportation infrastructure, and the Commission has taken a leadership role in assisting local jurisdictions by funding and
advocating for projects vying for state funding. The Commission is also heading up project development for the Santa Ana River
Trail — a multiuse facility which will provide a bike, pedestrian and equestrian trail to link San Bernardino, Riverside and Orange
Counties for cyclists, pedestrians and equestrians.
iv
Toll Program Moves Forward
91 Project— Construction Complete and Open for Business!: The SR-91 Corridor Improvement Project (91 Project) through
Corona opened in March 2017. The 91 Project includes the RCTC 91 Express Lanes, two tolled express lanes in each direction
in the median of SR-91. The extension of these lanes provides a seamless connection to the OCTA 91 Express Lanes; expands
the choices for Riverside County drivers; improves congestion on the general purpose lanes; and ensures a speedy, uncongested
trip for drivers willing to pay a toll. The 91 Project also includes numerous non -toll lane improvements such as an additional
general purpose lane in each direction on SR-91 between SR-71 and 1-15 and substantial interchange improvements.
During its first six months of operation, use of the RCTC 91 Express Lanes has exceeded expectations and traffic conditions on
the corridor have improved with the addition of the new capacity. Construction to complete the last few remaining details on the
corridor will continue through late 2017.
1-15 Express Lanes — The Next Project: The 1-15 Express Lanes Project is planned to include two tolled express lanes in each
direction in the median of 1-15. The first phase of these lanes will extend from the south near Cajalco Road to the north at SR-60.
The express lanes on 1-15 will have the same benefits mentioned previously for the RCTC 91 Express Lanes. The 1-15 Express
Lanes Project environmental studies and preliminary engineering work were completed in Spring 2016, and the environmental
document was adopted by the Commission in July 2016. The toll services provider and the design -builder procurements were
completed during FY 2016/17 with contract awards in January 2017 and April 2017, respectively. Construction is expected to
commence in spring 2018, and the 1-15 Express Lanes are expected to open in mid-2020.
Building the Future— Placentia Interchange for Mid County Parkway Progresses
In April 2015, the Commission approved the EIR and Environmental Impact Statement for the Mid County Parkway (MCP), a new
16 mile east -west corridor between San Jacinto and Perris. The Commission's approval and adoption of the EIR has been legally
challenged and settlement talks are underway. In the midst of the efforts to resolve the case, the Commission has begun to
acquire property and awarded an agreement to a construction management firm in September 2016 for a new freeway interchange
at Placentia Avenue that would link the MCP.
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, which was partially funded through the TUMF program and federal earmarks.
An environmental document was approved in January 2017 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. Current work on this project includes acquisition of right of way needed for mitigation and to
protect cultural sites.
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 and freeway interchange projects.
With the passage of the 2009 Measure A, a TUMF program with participation requirements similar to that in the Coachella Valley
is in place in Western County and administered by the Western Riverside Council of Governments. TUMF funds received by the
Commission are split evenly between new corridors, including the MCP, and regional arterials, including local projects and the
SR-79 realignment project. To date, 15 projects have been completed, five projects are under construction or in pre -construction,
and three projects are in the development phase and remain to be programmed for future TUMF funds.
v
Rail Development, Operations and Support
As one of five funding partners in the Southern California Regional Rail Authority, which operates the Metrolink commuter rail
service, the Commission is engaged in a continual exercise of consensus building with its partners to provide effective regional
service. Now consisting of seven lines serving six counties, the system carries an average of 40,000 passengers each weekday.
The Commission owns and operates nine stations served by the three Metrolink lines operating through the County, including
four new stations along the Perris Valley Line which commenced carrying passengers in June 2016.
The Commission's Perris/Downtown station is a multimodal facility also serving RTA bus operations and providing park and ride
spaces. It continues to serve as an important regional bus terminal. The Riverside Downtown Operations Control Center provides
monitoring of closed circuit televisions at the stations as well as facilities for train crews.
➢ Riverside Line: Originates in the Downtown Riverside station and stops at the Jurupa Valley/Pedley station before
proceeding through Ontario, Pomona, Industry, and Montebello to Los Angeles Union Station. Ridership approximates
4,550 daily riders.
➢ Inland Empire Orange County (IEOC) Line: Begins in nearby San Bernardino with stops at the Riverside/Downtown,
Riverside/La Sierra, Corona/North Main, and Corona/West stations before entering Orange County with stops in Anaheim
Canyon, Orange, Santa Ana, Tustin, Irvine, Laguna Niguel/Mission Viejo, San Juan Capistrano, San Clemente and
Oceanside. When initiated, this service was described as the first suburb -to -suburb commuter rail service in the nation.
Ridership on the IEOC line remained steady in the past year with an average daily ridership of 4,700. This line also
provides weekend service.
➢ 91/Perris Valley Line: Provides service from Perris to Los Angeles with stops in South Perris, Downtown Perris, Moreno
Valley/March Field, Riverside/Hunter Park/UCR, La Sierra, North Main Corona, West Corona, Fullerton, Buena Park,
Norwalk, and Commerce before terminating at Union Station. Daily patronage on the line averages 2,800. Ridership on
the new segment of this line between Riverside and Perris has seen strong growth after a slow start and now averages
approximately 600 per day. A part of this line between Riverside and Los Angeles offers weekend service.
Commuter Services
Acting in its capacity as the regional transportation planning agency (RTPA) and the SAFE for Riverside County, the Commission
provides a variety of commuter services to increase mobility, safety, and air quality throughout the region. As the RTPA, the
Commission applies Measure A funds to administer the Commuter Assistance Program (CAP) to ease congestion, maximize the
efficiency of its transportation investments and reduce emissions from single occupant vehicle trips with the following programs
and services:
Commuter/Employer Rideshare Services: In partnership with San Bernardino County Transportation Authority (SBCTA), the
Commission helps Riverside and San Bernardino commuters discover their best commute through IE Commuter, the flagship of
the CAP. In just a few clicks, www.iecommuter.orq users can access all of their time and money saving transportation options
(carpool partners, bus, and rail) and incentives available to them. Additionally, through IE Commuter, the Commission partners
heavily with local employers to implement and maintain rideshare activities at work sites throughout Riverside and San Bernardino
counties. IE Commuter continues to leverage technology to increase awareness, consideration, and use of alternative modes to
improve mobility and air quality throughout the region. A new IE Commuter mobile application launching in 2018 will make it even
easier for users to find a carpool/vanpool to join or a transit alternative that matches their route and schedule.
Rideshare Incentives: The most prominent commuter incentive continues to be the Rideshare Incentives, a short-term incentive
that offers $2 per day for each day new ride sharers use an alternate mode of transportation in a three-month period. Long-term
ride sharers are recognized and rewarded for their continuing commitment to use alternate modes of transportation to and from
work with access to discounts at over 360,000 nationwide merchants through Rideshare Plus.
vi
Transit Expansions: Two new services supporting intercountry travel via alternative modes will launch in FY 2017/18: a new
Riverside County vanpool incentive that provides up to $400 per month per vanpool in perpetuity and a new CommuterLink
express bus service (Route 200) connecting the Inland Empire to major employment centers in Orange and Anaheim.
Park and Rides: Working in partnership with Caltrans, the Commission leases excess parking from business and civic institutional
partners to facilitate ridesharing and expand the systems park and ride capacity. There are approximately 2,800 park and ride
spaces available in Riverside County.
Motorist Assistance: As the SAFE, the Commission also administers the Motorist Assistance Program to provide the following
services designed to promote mobility and safety for motorist traveling through Riverside County:
Freeway Service Patrol: The FSP program is a special team of 20 tow trucks roving 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 clear debris and remove disabled vehicles from the
freeway as quickly as possible to help keep freeway traffic moving during rush hour periods. Another effort augments existing
FSP service with additional tow trucks in construction areas as another means of construction -related congestion mitigation.
The FSP is funded by the Riverside County SAFE and the State. During FY 2016/17, the FSP provided 40,180 assists. This
includes incremental FSP weekend service, funded by the Southern California Air Quality Management District's Mobile
Source Air Pollution Reduction and Review Committee, on segments of SR-91.
Call Boxes: In cooperation with the California Highway Patrol and Caltrans, the Commission assists motorists who
experience accidents, mechanical breakdowns, or other unforeseen problems by providing access to cellular call boxes with
enhanced reception along the County's major highways. In response to the proliferation and continued growth of cell phone
usage and declining demand and use of call boxes, the Commission approved a substantial reduction to the call box system.
A cost effective backbone of 240 call box units remain in place and serve more than 346 centerline miles of highways. The
call box program is funded by Riverside County SAFE revenue, an annual $1 surcharge added to vehicle registrations. In
FY 2016/17 call box operators answered approximately 2,160 calls from motorists.
Traveler Information: To further promote mobility, the Commission in partnership with the SBCTA, provides motorists with
access to real-time freeway travel information and incident information on Southern California highways through its 1E511
Traveler Information system. 1E511 is designed to promote mobility by fostering more informed travel decisions to avoid
congestion and is available via the telephone by dialing 511 from any landline or cell phone within Riverside or San Bernardino
County, online at www.ie511.orq, or the 1E511 mobile app. To date, the 1E511 mobile app has been downloaded by over
56,000 users. 1E511 is funded with Riverside County SAFE funds in addition to SANBAG reimbursements. In FY 2016/17,
1E511 serviced approximately 618,000 web visits and 201,000 phone calls.
Specialized Transit
The Commission has maintained a long-term commitment to assist in the mobility of those with specialized transit needs. Through
its Specialized Transit Program, the Commission has provided millions of dollars to public and nonprofit transit operators to assist
in the provision of special transit services to improve the mobility of seniors, persons with disabilities and persons with low incomes.
Along with support of traditional dial -a -ride services, the Commission supports innovative programs providing transit assistance
in hard -to -serve rural areas or for riders having very special transit needs.
Following the Commission's approval and adoption of the Public Transit —Human Services Coordinated Plan for Riverside County
in 2008, the Commission identified additional qualified populations as well as underserved areas of Riverside County in need of
transit services. The 2015 Universal Call for Projects for Specialized Transit (Universal Call) provided funding awards in Western
County approximating $8 million to 17 public and nonprofit agencies using Measure A funding over a three-year period through
FY 2017/18. During FY 2016/17, public and nonprofit operators provided approximately 300,000 Measure A and/or federally
funded one-way trips in Western County.
vii
Developing a Countywide Plan
Work is underway to develop a comprehensive countywide transportation plan for approval in 2019. Over the course of several
months in 2015, the Commission conducted a strategic assessment to ascertain upcoming transportation needs and the
Commission's ability to address them. The study was presented to the Commission in January 2016 and identified key funding
and project gaps.
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, 2016. This was the 24th consecutive
year the Commission has achieved this prestigious award. In order
to be awarded a Certificate of Achievement, a government must
publish an easily readable and efficiently organized CAFR. This
report must satisfy both GAAP and applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. We
believe our current CAFR continues to meet the Certificate of
Achievement Program's requirements, and we are submitting it to the
GFOA to determine its eligibility for another certificate.
The CAFR each year is a collaborative effort by Commission staff
and its independent auditors. The undersigned are grateful to all staff
for their willingness to expend the effort necessary to ensure the
financial information contained herein is informative and completed
within established deadlines. Special thanks must be extended to the
Finance staff, program management and staff, and Commission's
auditors for the time, effort, and commitment so vital for the final
completion of the CAFR.
GP9
Government Finance Officers Association
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, 21)16
Executive Director/CEO
In closing, without the leadership and the support of the Board, preparation of this report would not have been possible. Its prudent
management must be credited for the strength of the Commission's fiscal condition, and its vision ensures that the Riverside
County Transportation Commission will be on the move planning for and building a better future for Riverside County residents
and commuters.
Very truly yours,
(4/4e,
Cam%%' �dC C��
ANNE MAYER
Executive Director
THERESIA TREVINO
Chief Financial Officer
viii
Riverside County Transportation Commission Organization Chart
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ix
Riverside County Transportation Commission
List of Principal Officials
As of June 30, 2017
(dame
Board of Commissioners
Title
Agency
Kevin Jeffries
John F. Tavaglione
Chuck Washington
V. Manuel Perez
Marion Ashley
Deborah Franklin
Lloyd White
Joseph DeConinck
Jim Hyatt
Randall Bonner
Greg Pettis
Steven Hernandez
Karen Spiegel
Scott Matas
Adam Rush
Linda Krupa
Dana Reed
Michael Wilson
Brian Berkson
Robert Radi
Bob Magee
Neil Winter
Victoria Baca
Rick Gibbs
Berwin Hanna
Jan Harnik
Ginny Foat
Michael M. Vargas
Ted Weill
Rusty Bailey
Andrew Kotyuk
Michael S. Naggar
Ben Benoit
John Bulinski
Member
Chair (Commission)
2nd Vice Chair (Commission)
Member
Member
Chair (Western Riverside County Programs and Projects Committee)
Member
Member
Member
Member
Member
Member
Member
Member
Vice Chair (Western Riverside County Programs and Projects
Committee)
Member
Vice Chair (Commission)
Member
Member
Member
Member
Member
Member
Member
Member
Chair (Budget and Implementation Committee)
Member
Member
Member
Vice Chair (Budget and Implementation Committee)
Member
Member
Member
Governor's Appointee
Anne Mayer, Executive Director
John Standiford, Deputy Executive Director
Michael Blomquist, Toll Program Director
Marlin Feenstra, Project Delivery Director
Aaron Hake, External Affairs Director
Shirley Medina, Planning and Programming Director
Theresia Trevino, Chief Financial Officer
Robert Yates, Multimodal Services Director
County of Riverside, District 1
County of Riverside, District 2
County of Riverside, District 3
County of Riverside, District 4
County of Riverside, District 5
City of Banning
City of Beaumont
City of Blythe
City of Calimesa
City of Canyon Lake
City of Cathedral City
City of Coachella
City of Corona
City of Desert Hot Springs
City of Eastvale
City of Hemet
City of Indian Wells
City of Indio
City of Jurupa Valley
City of La Quinta
City of Lake Elsinore
City of Menifee
City of Moreno Valley
City of Murrieta
City of Norco
City of Palm Desert
City of Palm Springs
City of Perris
City of Rancho Mirage
City of Riverside
City of San Jacinto
City of Temecula
City of Wildomar
Caltrans, District 8
x
Financial Section
Intentionally left blank
Certified
Public
Accountants
Independent Auditors' Report
Board of Commissioners
Riverside County Transportation Commission
Riverside, California
We have audited the accompanying financial statements of the governmental activities, the business -type
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, 2017, and the related
notes to the financial statements, which collectively comprise the Commission's basic financial statements,
as listed in the table of contents.
Management's Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes the
design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or error.
Auditors' Responsibility
Our responsibility is to express opinions 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. Those
standards require that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the
financial statements. The procedures selected depend on the auditor's judgment, including the assessment
of the risks of material misstatement of the financial statements, whether due to fraud or error. In making
those risk assessments, the auditor considers internal control relevant to the Commission's preparation and
fair presentation of the financial statements in order to design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Commission's
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinions.
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities, the business -type activities, each major fund,
and the aggregate remaining fund information of the Commission, as of June 30, 2017, and the respective
changes in financial position, and, where applicable, cash flows thereof for the year then ended in
accordance with accounting principles generally accepted in the United States of America.
Macias Gini & O'Connell LLP
4675 MacArthur Court, Suite 600
Newport Beach, CA 92660
1
www.mgocpa.com
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management's
discussion and analysis, budgetary comparisons and information related to the pension and other
postemployment benefit plans, as listed in the table of contents, be presented to supplement the basic
financial statements. Such information, although not a part of the basic financial statements, is required by
the Governmental Accounting Standards Board, who considers it to be an essential part of financial
reporting for placing the basic financial statements in an appropriate operational, economic, or historical
context. We have applied certain limited procedures to the required supplementary information in
accordance with auditing standards generally accepted in the United States of America, which consisted of
inquiries of management about the methods of preparing the information and comparing the information for
consistency with management's responses to our inquiries, the basic financial statements, and other
knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or
provide any assurance on the information because the limited procedures do not provide us with sufficient
evidence to express an opinion or provide any assurance.
Other Information
Our audit were 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, budgetary comparison schedules, schedules of expenditures, and schedule of uses
of debt proceeds and fund balances, as listed in the table of contents as other supplementary information,
and other information, such as the introductory and statistical section, are presented for purposes of
additional analysis and are not a required part of the basic financial statements.
The combining and individual nonmajor fund financial statements, budgetary comparison schedules,
schedules of expenditures and schedule of uses of debt proceeds and fund balances are the responsibility
of management and were derived from and relate directly to the underlying accounting and other records
used to prepare the basic financial statements. Such information has been subjected to the auditing
procedures applied in the audit of the basic financial statements and certain additional procedures, including
comparing and reconciling such information directly to the underlying accounting and other records used
to prepare the basic financial statements or to the basic financial statements themselves, and other
additional procedures in accordance with auditing standards generally accepted in the United States of
America. In our opinion, the combining and individual nonmajor fund financial statements, budgetary
comparison schedules, schedules of expenditures and schedule of uses of debt proceeds and fund
balances are fairly stated, in all material respects, in relation to the basic financial statements as a whole.
The introductory and statistical sections have not been subjected to the auditing procedures applied in the
audit of the basic financial statements and, accordingly, we do not express an opinion or provide any
assurance on them.
acicts giti" O'Comelf Zg)
Newport Beach, California
October 27, 2017
2
Riverside County Transportation Commission
Management's Discussion and Analysis
Year Ended June 30, 2017
As management of the Riverside County Transportation Commission (Commission), we offer readers of the Commission's
financial statements this narrative overview and analysis of the Commission's financial activities for the fiscal year ended June
30, 2017. We encourage readers to consider the information on financial performance presented here in conjunction with the
transmittal letter on pages i-x and the Commission's financial statements which begin on page 16.
Financial Highlights
• Total net position of the Commission was $141,488,493 and consisted of net investment in capital assets of $75,572,271;
restricted net position of $838,348,156; and unrestricted net position (deficit) of ($772,431,934).
• The governmental activities unrestricted net position (deficit) results primarily from the recording of the debt issued for
Measure A highway, local streets and roads, and regional arterial projects. As title to substantially most of those assets
vests with the State of California (State) Department of Transportation (Caltrans) or local jurisdictions, there is no asset
corresponding to the liability. Accordingly, the Commission does not have sufficient current resources on hand to cover
current and long-term liabilities; however, future Measure A sales taxes are pledged to cover Measure A debt service
payments when made. The business -type activities unrestricted net position (deficit) is related to toll -supported debt
issued for the nonspendable intangible assets of tolled express lanes projects.
• Total net position decreased by $195,219,475 during fiscal 2017. An increase in net position from governmental activities
of $98,459,365 and a decrease in net position from business -type activities of $293,678,840 was primarily due to the net
internal transfers of long-term debt, cash and investments, and capital and intangible assets related to the substantial
completion of the 91 Project and opening of the RCTC 91 Express Lanes in March 2017. General revenues consisting
primarily of sales taxes are the major funding source for the governmental activities.
• Total capital and intangible assets, net of accumulated depreciation and amortization, were $638,194,402 and
$234,075,489 at June 30, 2017, respectively, representing a decrease of $18,941,737, or 2%, from June 30, 2016. The
decrease in capital assets was primarily related to substantial completion of the 91 Project and the portion of construction
in progress for general purpose lanes on SR-91 not capitalized as an asset. The increase in intangible assets was
related to the transfer of costs related to the construction of tolled express lanes and direct connector from the
governmental activities capital assets to business -type activities intangible assets.
• Long-term liabilities net increase of $180,564,921 was primarily as a result of the Transportation Infrastructure Finance
and Innovation Act (TIFIA) final loan draw down and compounded and accreted interest on the TIFIA Loan and 2013 Toll
Revenue Bonds as well as the issuance of refunding sales tax bonds and commercial paper notes.
• The Commission's governmental funds reported combined ending fund balances of $706,413,068, a decrease of
$34,008,334 compared to fiscal 2016 primarily due to the use of debt proceeds related to the 91 Project and the transfer
of debt service reserves to the proprietary fund related to the RCTC 91 Express Lanes. Approximately 69% of the
governmental fund balances represent amounts available for the Measure A program, including debt service and funding
from the issuance of debt, and the TUMF program.
Overview of the Financial Statements
This discussion and analysis are intended to serve as an introduction to the Commission's basic financial statements, which are
comprised of three components consisting of government -wide financial statements, fund financial statements, and notes to the
financial statements. This report also contains required supplementary information and other supplementary information in
addition to the basic financial statements.
3
Government -wide Financial Statements
The government -wide financial statements are designed to provide readers with a broad overview of the Commission's finances,
in a manner similar to a private -sector business.
The statement of net position presents information on all of the Commission's assets, liabilities, and deferred outflows/inflows of
resources with the difference reported as net position. Over time, increases or decreases in net position 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 position changed during the fiscal year. All
changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of
related cash flows. Thus, revenues and expenses are reported for some items that will only result in cash flows in future fiscal
periods.
The government -wide financial statements report the functions of the Commission that are principally supported by sales taxes
and intergovernmental revenues, or governmental activities, from other functions that are intended to recover all or a significant
portion of its costs through user fees and charges, or business -type activities. The governmental activities of the Commission
include general government, the Measure A program, Community and Environmental Transportation Acceptability Process
(CETAP), commuter assistance, regional arterials, commuter rail, transit and specialized transportation services, planning and
programming, bicycle and pedestrian facilities projects, and motorist assistance services. Measure A program services are divided
within the three regions of Riverside County (County), namely Western County, Coachella Valley, and Palo Verde Valley. The
business -type activities of the Commission include toll road operations.
The government -wide financial statements include only the Commission and its blended component unit. The government -wide
financial statements can be found on pages 16-17 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.
Governmental funds are used to account for essentially the same functions reported as governmental 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 government -
wide financial statements. As a result, readers may better understand the long-term impact of the government's near -term
financing decisions. Both the governmental fund balance sheet and related statement of revenues, expenditures and changes in
fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
The Commission maintains 15 individual governmental 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 Western County, Measure A Coachella Valley, Transportation
Uniform Mitigation Fee (TUMF), and Local Transportation Fund (LTF) Special Revenue funds; Commercial Paper and Bonds
Capital Projects funds; and Debt Service fund. Data from the other seven governmental 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
4
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.
The governmental fund financial statements, including the reconciliation between the fund financial statements and the
government -wide financial statements, can be found on pages 18-23 of this report.
The proprietary fund consists of an enterprise fund, which is used to report the same functions presented as business -type
activities in the government -wide financial statements. The Commission uses an enterprise fund to account for its toll road
operations.
Proprietary fund financial statements provide the same type of information as the government -wide financial statements, only in
more detail. The proprietary fund financial statements provide separate financial information of the RCTC 91 Express Lanes,
which is a major enterprise fund of the Commission.
The proprietary fund financial statements can be found on pages 24-27 of this report.
Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government -wide and
fund financial statements. The notes to the financial statements can be found on pages 28-66 of this report.
Other Information
Other information is in addition to the basic financial statements and accompanying notes to the financial statements. This report
also presents certain required supplementary information concerning the Commission's budgetary results for the General fund
and major Special Revenue funds as well as the schedules of proportionate share of net pension liability, pension contributions,
changes in the net other -post employment benefits (OPEB) liability and related ratios, and OPEB contributions. Required
supplementary information can be found on pages 67-74 of this report.
Other supplementary information is presented immediately following the required supplementary information. Other
supplementary information includes the combining statements referred to earlier relating to nonmajor governmental funds;
budgetary results for the nonmajor Special Revenue funds, all Capital Projects funds, and the Debt Service fund; schedules of
expenditures for local streets and roads and expenditures for transit and specialized transportation; and schedule of uses of debt
proceeds and fund balances. This other supplementary information can be found on pages 75-88 of this report.
Government -wide Financial Analysis
As noted previously, net position may serve over time as a useful indicator of a government's financial position. At June 30, 2017,
the Commission's assets exceeded liabilities by $141,488,493, a $195,219,475 decrease from June 30, 2016.Our analysis below
focuses on the net position and changes in net position of the Commission's governmental and business -type activities.
Net Position
Approximately 53%, compared to 116% in 2016, of the Commission's net position reflects its net investment in capital assets (i.e.,
construction in progress; land and improvements; toll infrastructure; buildings; construction and rail operating easements; rail
stations; rail tracks; office improvements; transponders; and office furniture, equipment, and vehicles), less any related outstanding
debt used to acquire those assets, primarily related to land and tolled express lane projects. The Commission uses these capital
assets to provide transportation services to the residents and business community of the County. Although the Commission's
investments in capital assets is reported net of related debt, the resources used to repay this debt must be provided from other
sources, since the capital assets themselves cannot be used to liquidate these liabilities. For business -type activities, the related
debt for the RCTC 91 Express Lanes exceeded the capital assets, net of accumulated depreciation.
5
The most significant portion of the Commission's net position represents resources subject to external restrictions on how they
may be used. Restricted net position from governmental activities represented approximately 137% and 183% of the total net
position at June 30, 2017 and 2016, respectively. Restricted net position from governmental activities decreased by $19,243,180,
as a result of increased expenses for highway, primarily related to the substantial completion of the 91 Project, and transfer of
bond proceeds and debt service reserves to business -type activities. The increase in restricted net position from business -type
activities of $242,134,144 is related to the transfer of nonspendable intangible assets from governmental activities and net toll
revenues from operations.
Unrestricted net position represents the portion of net position that can be used to finance day-to-day operations without
constraints established by debt covenants, enabling legislation, or other legal requirements. Unrestricted net position from
governmental activities changed from a $668,395,594 deficit at June 30, 2016 to a $538,356,445 deficit at June 30, 2017. The
governmental activities deficit results primarily from the impact of recording of the Commission's long-term debt, consisting of
bonds 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 for most projects are transferred to Caltrans
or the local jurisdiction. Accordingly, such projects are not assets of the Commission that offset the long-term debt in the statement
of net position. The business -type activities deficit is related to the toll -supported debt issued for nonspendable intangible assets
of tolled express lane projects.
The following is condensed financial data related to net position at June 30, 2017 and June 30, 2016:
Governmental -Activities Business -Type Activities
Net Position 2017
2016 2017 2016
Total
2017 2016
Current and other assets
Capital assets not being depreciated
Capital assets, net of depreciation
Intangible assets, net of amortization
Total assets
Deferred outflows of resources
Total assets and deferred outflows
of resources
Long-term obligations
Other liabilities
Total liabilities
Deferred inflows of resources
Total liabilities and deferred inflows
of resources
Net position:
Net investment in capital assets
Restricted
Unrestricted (deficit)
Net position at end of year
Changes in Net Position
$ 795,312,825
285,178,007
281,674,658
$ 836,821,360
608,101,900
283,109,728
$ 35,002,755
44,658,207
26,683,530
234,075,489
$ — $ 830,315,580
— 329,836,214
— 308,358,188
— 234,075,489
$ 836,821,360
608,101,900
283,109,728
1,362,165,490 1,728,032,988 340,419,981
15,870,375 29,699,210 84,567
1,378,035,865 1,757,732,198 340,504,548
832,825,964 1,283,762,734 628,567,908
109,496,846 136,205,408 5,613,197
942,322,810 1,419,968,142 634,181,105
545,722 1,056,088 2,283
942,868,532 1,421,024,230 634,183,388
377,309,766
596,214,012
(538,356,445)
$ 435,167,333
389,646,370
615,457,192
(668,395,594)
$ 336,707,968
(301,737,495)
242,134,144
(234,075,489)
$ (293,678,840) $
— 1,702,585,471 1,728,032,988
— 15,954,942 29,699,210
— 1,718,540,413 1,757,732,198
— 1,461,393,872 1,283,762,734
— 115,110,043 136,205,408
— 1,576,503,915 1,419,968,142
— 548,005 1,056,088
— 1,577,051,920 1,421,024,230
75,572,271
838,348,156
(772,431,934)
$ 141,488,493
389,646,370
615,457,192
(668,395,594)
$ 336,707,968
The Commission's total program and general revenues, excluding transfers of $290,547,316, were $343,160,019, while the total
cost of all programs, excluding transfers, was $538,379,494. Total revenues decreased by 9%, and the total cost of all programs
increased by 7%. Approximately 12% of the costs of the Commission's programs were paid by those who directly benefited from
6
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.
Governmental and business -type activities decreased the Commission's net position by $195,219,475, and condensed financial
data related to the change in net position is presented in the table below. Key elements of this decrease are as follows:
• Charges for services increased by $9,676,789, or 726%, due to new toll operations on the RCTC 91 Express Lanes;
• Operating grants and contributions decreased by $6,955,850, or 16%, primarily due to a state allocation received in the
previous year related to the 1-215 corridor improvement project and reduction of planning, programming and monitoring
funds;
• Capital grants and contributions decreased by $37,610,411, or 70%, primarily due to state reimbursements received in
the previous year related to the Perris Valley Line project and station rehabilitation and security projects;
• Measure A sales tax revenues increased by $7,689,968 or 5%, due to the continued economic recovery in the region;
• Transportation Development Act (TDA) sales taxes decreased by $2,495,080, or 3%, as a result of a decrease in State
Transit Assistance (STA) revenue allocations offset by an increase in LTF revenues;
• Unrestricted investment earnings decreased $4,117,974, or 49%, due to lower cash and investment balances as a result
of the use of debt proceeds;
• Other miscellaneous revenues increased $908,855, or 18% due to the sale of surplus highway property; and
• Internal transfers of $290,547,316 are related to the substantial completion of the 91 Project and opening of the RCTC
91 Express Lanes in March 2017, resulting in the transfer of long-term debt, cash and investments, and capital and
intangible assets from governmental activities to business -type activities.
Changes in Net Position
Governmental Activities Business -Type Activities Total
2017 2016
2017 2.016 2017 2016
Revenues
Program revenues:
Charges for services
Operating grants and contributions
Capital grants and contributions
General revenues:
Measure A sales taxes
TDA sales taxes
Unrestricted investment earnings
Other miscellaneous revenue
Gain on sale of capital assets, net
Transfers
Total revenues and transfers
Expenses
General government
Bicycle and pedestrian facilities
CETAP
Commuter assistance
Commuter rail
Highways
Local streets and roads
Motorist assistance
Planning and programming
Regional arterials
Toll operations
Transit and specialized
transportation
Interest expense
Transfers
Total expenses and transfers
Increase (decrease) in net position
Net position at beginning of year
Net position at end of year
$ 886,236
35,611,287
16,451,903
175,320,207
94,639,514
4,262,323
5,859,819
290,547,316
$ 1,333,019
42,568,860
54,062,314
167,630,239
97,134,594
8,383,732
4,950,964
738,335
$ 10,123,572
1,723
3,435
$ — $ 11,009,808 $ 1,333,019
35,613,010 42,568,860
— 16,451,903 54,062,314
623,578,605
376,802,057
10,128,730
— 175,320,207 167,630,239
- 94,639,514 97,134,594
4,265,758 8,383,732
— 5,859,819 4,950,964
— — 738,335
- 290,547,316 —
— 633,707,335
376,802,057
7,258,051
1,314,932
2,489,440
2,658,782
38,964,217
264,283,974
51,864,011
4,164,892
3,141,759
19,040,012
80,724,591
49,214,579
6,614,285
212,547
1,871,426
2,615,610
41,449,269
245,668,543
49,826,564
4,149,320
3,965,071
23,095,562 —
13,260,254
70,611,967 —
53,558,472 —
290,547,316
— 7,258,051
— 1,314,932
- 2,489,440
2,658,782
- 38,964,217
— 264,283,974
— 51,864,011
4,164,892
- 3,141,759
— 19,040,012
— 13,260,254
80,724,591
- 49,214,579
— 290,547,316
6,614,285
212,547
1,871,426
2,615,610
41,449,269
245,668,543
49,826,564
4,149,320
3,965,071
23,095,562
70,611,967
53,558,472
525,119,240 503,638,636 303,807,570 — 828,926,810
98,459,365 (126,836,579) (293,678,840) — (195,219,475)
336,707,968 463,544,547
$ 435,167,333 $ 336,707,968 $ (293,678,840) $
- 336,707,968
$ 141,488,493
503,638,636
(126,836,579)
463,544,547
$ 336,707,968
7
" G e n e r a l g o v e r n m e n t e x p e n s e s i n c r e a s e d b y $ 6 4 3 , 7 6 6 , o r 1 0 % , p r i m a r i l y d u e t o i s s u a n c e c o s t s r e l a t e d t o t h e 2 0 1 6 S a l e s
T a x R e v e n u e R e f u n d i n g B o n d s ;
" B i c y c l e a n d p e d e s t r i a n f a c i l i t i e s e x p e n s e s i n c r e a s e d b y $ 1 , 1 0 2 , 3 8 5 , o r 5 1 9 % , d u e t o a n i n c r e a s e i n c l a i m s f o r a p p r o v e d
p r o j e c t s ;
" C E T A P e x p e n s e s i n c r e a s e d b y $ 6 1 8 , 0 1 4 , o r 3 3 % , d u e t o a n i n c r e a s e i n 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 M i d C o u n t y
P a r k w a y p r o j e c t ;
" C o m m u t e r a s s i s t a n c e e x p e n s e s i n c r e a s e d b y $ 4 3 , 1 7 2 o r 2 % , d u e t o t h e p r o g r a m m a n a g e m e n t a c t i v i t i e s ;
" C o m m u t e r r a i l e x p e n s e s d e c r e a s e d b y $ 2 , 4 8 5 , 0 5 2 , o r 6 % , a s a r e s u l t o f s u b s t a n t i a l c o m p l e t i o n o f 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 p r o j e c t i n t h e p r i o r y e a r , o f f s e t b y a n i n c r e a s e i n c o m m u t e r r a i l s t a t i o n o p e r a t i n g a n d r e h a b i l i t a t i o n c o s t s ;
" H i g h w a y e x p e n s e s i n c r e a s e d b y $ 1 8 , 6 1 5 , 4 3 1 , o r 8 % , d u e t o t h e 9 1 P r o j e c t a n d 1 - 1 5 E x p r e s s L a n e s p r o j e c t c o s t s a n d a
$ 7 . 5 m i l l i o n l o s s o n t h e s a l e o f c a p i t a l a s s e t s ;
" 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 s e s i n c r e a s e d b y $ 2 , 0 3 7 , 4 4 7 o r 4 % , b e c a u s e o f a n i n c r e a s e i n t h e o v e r a l l M e a s u r e A
s a l e s t a x r e v e n u e s w h i c h a f f e c t s t h e l o c a l s t r e e t a n d r o a d d i s t r i b u t i o n s t o l o c a l j u r i s d i c t i o n s ;
" M o t o r i s t a s s i s t a n c e e x p e n s e s i n c r e a s e d b y $ 1 5 , 5 7 2 , o r l e s s t h a n 1 % , d u e t o i n c r e a s e d c a l l b o x m a i n t e n 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 e x p e n s e s d e c r e a s e d b y $ 8 2 3 , 3 1 2 , o r 2 1 % , p r i m a r i l y d u e t o a d e l a y i n f e a s i b i l i t y s t u d i e s ;
" R e g i o n a l a r t e r i a l e x p e n s e s d e c r e a s e d b y $ 4 , 0 5 5 , 5 5 0 , o r 1 8 % , a s a r e s u l t o f a d e c r e a s e i n r e i m b u r s e m e n t s t o l o c a l
j u r i s d i c t i o n s f o r a p p r o v e 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 ;
" T o l l o p e r a t i o n s e x p e n s e s i n c r e a s e d b y $ 1 3 , 2 6 0 , 2 5 4 a s a r e s u l t o f s u b s t a n t i a l c o m p l e t i o n o f t h e 9 1 P r o j e c t a n d o p e n i n g
o f t h e R C T C 9 1 E x p r e s s L a n e s t o m o t o r i s t s i n M a r c h 2 0 1 7 ;
" 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 $ 1 0 , 1 1 2 , 6 2 4 , o r 1 4 % , d u e t o a n i n c r e a s e i n b u s t r a n s i t
o p e r a t i n g a n d c a p i t a l c l a i m s i n a l l t h r e e g e o g r a p h i c a r e a s ; a n d
" I n t e r e s t e x p e n s e s d e c r e a s e d b y $ 4 , 3 4 3 , 8 9 3 o r 8 % , p r i m a r i l y a s a r e s u l t o f t h e a m o r t i z a t i o n o f t h e p r e m i u m o n t h e 2 0 1 6
S a l e s T a x R e v e n u e R e f u n d i n g B o n d s .
8
The graphs below present the program and general revenues by source and program expenses for the Commission's
governmental activities for the fiscal years ended June 30, 2017 and June 30, 2016:
$1 75,000,000
$149, 000.000
$97,000,000 I
$71,000,000 s•
$45,000,000
$19.000,000
-$7,000,000 `.
• Measure A sales
taxes
Revenues - Governmental Activities
Transportation Unrestricted
Development Act investment
sales taxes earnings
Gain on sale of Operating grants
capital assets, net and contributions
Other
Charges for Capital grants and
services contributions
•2017! $175,320,207 $94,639,514 $4,262,323 $0 $35,611,28,7 $5,859,819 $886,236 $16.451,903
•2016 $167,630,239 $97,134:594 $8,383,732 $738,335 $42,568,860 i $4,950,964 $1,333,019 $54,062,314
Expenses - Governmental Activities
$300,000,000
$250,000,000
$200,000,000
$150,000,000
$100,000.000
$50,000,000
$ 111/ III._ ME 1 •
Bicycle and Transit and
General Commuter Local streets i Motorist Planning and Regional Interest
government Pedestrian CETAP assistance Commuter rail; Highways and roads ' assistance programming arterials specialized
facilities transportation
r• 2017 $7,258.051 $1 314,932 $2,489.440 $2,658,782 $38,964,217 $264,283,97 $51,864,011 $4,164,892 $3.141,759 S19,040.012 $80,724.591 $49,214.579
ili2016 $6,614:285 $212,547 S1.871,426 $2,615,610 $41,449.269 $245,668,54 $49,826,564 ' $4,149,320 $3,965,071 $23,095,562 $70.611.967 $53.558,472
9
The graphs below present the program and general revenues by source and program expenses for the Commission's business -
type activities for the fiscal years ended June 30, 2017 and June 30, 2016:
Expenses - Business -Type Activities
$14,000,000
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$-
RCTC 91 Express Lanes
■ 2017 $13,260,254
■ 2016 $-
$13,000,000
$10,500,000
$8,000,000
$5,500,000
$3,000,000
Revenues • Business•TypeActivities
1
Unrestricted investment earnings Operating grants and contributions Charges for services
■2017 $3,435 $1,723 $10,123,572
T 2018 $0 $0 $0
Financial Analysis of the Commission's Funds
Governmental Funds
The focus of the Commission's governmental funds is to provide information on a near -term inflows, outflows, and balances of
spendable resources. Such information is useful in assessing the Commission's financing requirements.
As of June 30, 2017, the Commission's governmental funds reported combined ending fund balances of $706,413,068, a decrease
of $34,008,334 compared to 2016. Less than 1 %, or $9,394,827, is nonspendable fund balance related to prepaid amounts;
$2,572,182 is assigned fund balance for general government administration activities; an unassigned deficit of $23,054 is related
to a deficit cash balance in a nonmajor fund. The remainder of the fund balance is restricted to indicate the following externally
enforceable legal restrictions:
• $6,682,584 in TDA funds that have been allocated to jurisdictions within the County for bicycle and pedestrian projects;
• $45,263,332 of TUMF funds for new CETAP corridors in Western County;
• $15,803,284 for commuter assistance activities such as expansion of park -and -ride facilities and other projects and
programs that encourage commuters to use alternative modes of transportation under the 2009 Measure A program;
• $51,735,158 in TDA, Measure A, and Proposition 1B funds for commuter rail operations and capital projects and
$3,308,418 in TDA and Proposition 1 B funds for the Coachella Valley/San Gorgonio Pass rail corridor;
• $21,982,515 in 2009 Measure A funds available to pay sales tax revenue bonds debt service over the next year;
• $270,644,125 for highway, economic development, and new corridor projects related to the 1989 Measure A and the
2009 Measure A programs;
• $2,821 for local streets and roads programs that are returned to the jurisdictions within the County for maintenance of
their roads and local arterials under the 2009 Measure A program;
• $8,842,499 in state funds for motorist assistance services;
• $4,362,699 of TDA funds for planning and programming activities;
• $35,644,449 and $36,210,218 for regional arterial projects in Western County related to the 2009 Measure A and TUMF
programs, respectively;
• $8,915,614 of Measure A funds for transit and specialized transportation in the Western County and $1,145,868 for
specialized transportation in the Coachella Valley; and
10
" $ 1 8 3 , 9 2 5 , 5 2 9 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 i o n s a n d c a p i t a l 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 1 7
a n d 2 0 1 6 :
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 1 7 2 0 1 6
% C h a n g e
G e n e r a l f u n d
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 r n C o u n t y
M e a s u r e A C o a c h e l l a V a l l e y
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
L o c a l T r a n s p o r t a t i o n F u n d
C a p i t a l P r o j e c t s m a j o r f u n d s :
C o m m e r c i a l P a p e r
B o n d s
D e b t S e r v i c e f u n d
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
K e y e l e m e n t s f o r t h e c h a n g e s i n f u n d b a l a n c e s a r e a s f o l l o w s :
$ 1 9 , 1 2 6 , 1 0 0
2 2 1 , 5 1 0 , 9 5 4
4 7 , 7 9 1 , 2 7 4
8 1 , 4 7 3 , 5 5 0
1 1 5 , 1 7 5 , 2 8 1
$ 1 0 , 7 9 2 , 1 9 0
2 0 1 , 7 2 2 , 6 1 3
4 2 , 6 4 4 , 4 0 4
7 0 , 6 1 6 , 6 8 3
1 1 6 , 8 1 6 , 8 5 3
4 6 , 9 5 1 , 9 1 3 4 2 , 0 3 3 , 1 1 4
6 4 , 6 6 0 , 0 6 8 9 3 , 2 6 5 , 9 6 7
2 1 , 9 8 2 , 5 1 5 7 8 , 3 1 6 , 0 5 5
8 7 , 7 4 1 , 4 1 3 8 4 , 2 1 3 , 5 2 3
7 7 %
" T h e 7 7 % i n c r e a s e i n t h e G e n e r a l f u n d r e s u l t e d f r o m i n c r e a s e d t r a n s f e r s f r o m t h e L o c a l T r a n s p o r t a t i o n F u n d a n d 2 0 0 9
M e a s u r e A W e s t e r n C o u n t y S p e c i a l R e v e n u e F u n d f o r P e r r i s V a l l e y L i n e c o m m u t e r r a i l a n d r e l a t e d s t a t i o n o p e r a t i o n s ;
" T h e 1 0 % i n c r e a s e i n M e a s u r e A W e s t e r n C o u n t y S p e c i a l R e v e n u e f u n d w a s a t t r i b u t e d t o t r a n s f e r s f r o m c a p i t a l p r o j e c t
f u n d s f o r h i g h w a y a n d r a i l p r o j e c t s ;
" T h e 1 2 % i n c r e a s e i n t h e M e a s u r e A C o a c h e l l a V a l l e y S p e c i a l R e v e n u e f u n d w a s a t t r i b u t e d t o e x c e s s 2 0 0 9 M e a s u r e A
r e v e n u e s o v e r e x p e n d i t u r e 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 ;
" T h e 1 5 % i n c r e a s e i n t h e 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 S p e c i a l R e v e n u e f u n d w a s a t t r i b u t a b l e t o d e c r e a s e d
r e i m b u r s e m e n t s t o l o c a l j u r i s d i c t i o n s f o r a p p r o v e d p r o j e c t s ;
" T h e 1 % d e c r e a s e i n t h e L o c a l T r a n s p o r t a t i o n F u n d r e s u l t e d f r o m t h e e x c e s s o f c l a i m s o f a l l o c a t i o n s f o r 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 a n d f o r b i c y c l e a n d p e d e s t r i a n f a c i l i t y p r o j e c t s o v e r s a l e s t a x r e v e n u e s ;
" T h e 1 2 % i n c r e a s e i n t h e 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 w a s a t t r i b u t e d t o t h e 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 f o r t h e 1 - 1 5 E x p r e s s L a n e s p r o j e c t c o s t s ;
" T h e 3 1 % d e c r e a s e i n B o n d s C a p i t a l P r o j e c t s f u n d w a s a t t r i b u t e d t o t h e u s e o f b o n d p r o c e e d s f o r t h e 9 1 P r o j e c t c o s t s ;
" T h e 7 2 % d e c r e a s e i n t h e D e b t S e r v i c e f u n d w a s d u e t o t h e t r a n s f e r o f d e b t p r o c e e d s f o r g o v e r n m e n t a l f u n d s t o t h e
p r o p r i e t a r y f u n d r e l a t e d t o t h e o p e n i n g o f t h e R C T C 9 1 E x p r e s s L a n e s i n M a r c h 2 0 1 7 ; a n d
" T h e 4 % i n c r e a s e i n 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 r e s u l t e d p r i m a r i l y f r o m t h e e x c e s s o f s a l e s t a x r e v e n u e s o v e r c l a i m s
o f a l l o c a t i o n s f o r t r a n s i t c a p i t a l p r o j e c t s .
P r o p r i e t a r y F u n d
T h e C o m m i s s i o n '