Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Fullerton staff warns MOE increase will squeeze city discretionary funds; proposes mix of general and infrastructure funds to comply
Summary
City staff told NRAC that OCTA's updated Measure M2 maintenance-of-effort (MOE) benchmark rises from about $4.9 million to roughly $5.9 million for FY 2026'27 through 2028'29; staff proposed using roughly $6.5 million from a mix of general fund and infrastructure dollars, leaving a small buffer but reducing funding available for other programs.
Staff presented an update on the Orange County Transportation Authority's Measure M2 maintenance-of-effort (MOE), explaining how the revised benchmark will take effect in fiscal year 2026'27 and remain through 2028'29.
Juan, the presenting staff member, said the OCTA recalculation raises Fullerton's MOE from about $4.9 million to approximately $5.9 million. He told the committee the adjustment reflects higher construction costs and growth in city revenues: "As construction costs and city revenues increase, so does the required MOE benchmark, as well," he said.
The MOE rule requires cities to maintain a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
