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Title
Fiscal Year 2017-18 Measure M2 Maintenance of Effort Adjustment and Updates to the Eligibility and Local Signal Synchronization Plan Guidelines
Overview
The Measure M2 Ordinance includes eligibility requirements that local agencies must satisfy in order to receive Measure M2 net revenues, which include a periodic adjustment to the maintenance of effort benchmark. Local agencies are also required to periodically update a local signal synchronization plan. Updates to the Measure M2 Eligibility Guidelines, including the maintenance of effort benchmark adjustment and the Local Signal Synchronization Plan Guidelines, are presented for the Board of Directors’ review and approval.
Recommendation(s)
A. Approve the maintenance of effort benchmark adjustment for the fiscal year 2017-18 eligibility cycle.
B. Approve the fiscal year 2017-18 Measure M2 Eligibility Guidelines.
C. Approve the Local Signal Synchronization Plan Guidelines.