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Item 40 - Public Hearing Fiscal Year 2024-25 Budget (Revised)
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Item 40 - Public Hearing Fiscal Year 2024-25 Budget (Revised)
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6/4/2024 12:22:10 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
40
Date
6/4/2024
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<br />Funding Sources <br />The City is currently operating in an environment where insufficient discretionary resources exist to <br />fund all of the City’s infrastructure and other capital needs. As a result, the City seeks alternative <br />funding through federal, state and local grants, and other restricted monies. These grants are not <br />only highly competitive, they also have tight guidelines regarding how awarded funds can be <br />expended. The City’s major funding sources are: <br />Active Transportation Program (ATP) - The ATP was created by Senate Bill 99 to encourage <br />increased use of biking and walking, increase safety and mobility for non-motorized users and <br />advance the active transportation efforts of regional agencies to achieve greenhouse gas (GHG) <br />reduction goals. <br />Active Transportation Program SB-1 Augmentation (ATP-SB-1) - Most recently, Road Repair <br />and <br />Accountability Act of 2017 (SB1) nearly doubled the amount of available funds for the Active <br />Transportation Program. <br />Affordable Housing Sustainable Communities (ASHC) - The AHSC Program provides grants <br />and/or <br />loans to projects that make it easier for Californians to reduce greenhouse gas emissions by <br />ensuring housing, jobs, and other destinations are easily accessible by walking, biking and <br />transit. <br />American Rescue Plan Act (ARPA) - COVID-19 pandemic recovery initiative designed to <br />provide support to the Santa Ana community. Project categories include Direct Assistance <br />Programs, Public Health & Safety Initiatives, Pandemic Recovery programs, funding <br />for Critical Infrastructure, and support programs to assist with the City <br />Cannabis Public Benefit Fund (Service Enhancement) - Established to fund new and/or <br />additional youth services, community enforcement and code enforcement through the <br />collection of cannabis tax revenues. The General Fund transfers two-thirds of adult use and <br />supply-related Cannabis tax to this Fund. (Ordinance NS-2959) <br />Capital Outlay Fund - The Capital Outlay General Fund is supported by transfers from the City's <br />General Fund, and through donations received from citizens, corporations, and non- <br />profit organizations specifically for capital projects. <br />Community Development Block Grant <br />(CDBG) <br />-CDBG Program Funds support <br />community development activities to build stronger and more resilient communities by <br />improving the lives of low- and moderate-income residents. <br />Congestion Management and Air Quality (CMAQ) - CMAQ Funds are designed to reduce <br />traffic <br />congestion by encouraging alternatives to driving alone, improving traffic flow, and helping <br />Santa Ana meet air quality goals. <br />Developer Impact Fees- The City Imposes fees on land development projects to mitigate <br />general impacts to city infrastructure, such as parks, library, transportation, sewer and storm <br />drainage systems. The primary objective of these fees is to ensure that new development pays <br />the capital costs associated with growth. <br />101
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