To maintain eligibility for Measure M2 sales tax revenue, the City must submit annual documentation on its transportation-related programs to OCTA. Every seven years, OCTA requires an expanded submittal of the City's programs and projects affecting circulation and transportation to verify that these elements align with Measure M2 and countywide plans. This year's submittal requires the following documentation:
*Requires Council Resolution M2 SEVEN-YEAR CAPITAL IMPROVEMENT PROGRAM (CIP) The City's Measure M2 Seven-Year CIP for Fiscal Years 2023-24 through 2029-30 is a transportation planning and fiscal forecasting document used to guide future programming for transportation capital improvement projects. The M2 Seven-Year CIP is consistent with the proposed Citywide Capital Improvement Program Budget for Fiscal Year 2023-25. The submittal of the M2 Seven-Year CIP does not commit the City to fund the identified improvements. However, City must include projects in the M2 Seven-Year CIP to be eligible to receive Measure M2 funding. This document is updated annually for changes based on City Council priorities. The City's Seven-Year CIP includes 84 projects with a total preliminary projected budget requirement of approximately $135 million over the seven years. The M2 CIP document emphasizes projects that improve circulation, mitigate traffic congestion, and maintain the City's investment in existing transportation infrastructure.
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