Seal Beach

City Council

December 11, 2023 Item #h

Agenda Item h

H. Submittal of Yearly Expenditure Report to Orange County Transportation\nAuthority (OCTA) for Measure M2 Eligibility - That the City Council adopt\nResolution 7469: 1. Finding the yearly expenditure report to Orange County\nTransportation Authority (OCTA) for Measure M2 Eligibility for FY 2022-2023\nwas prepared in conformance with the M2 Expenditure Report Template\nprovided in the Renewed Measure M Eligibility Guidelines and accounts for\nNet Revenues including interest earned, expenditures during the fiscal year\nand balances at the end of fiscal year; and, 2. Adopting M2 Expenditure\nReport for FY 2022-2023; and, 3. Directing the City Manager, or her\ndesignee, to submit the M2 Expenditure Report to OCTA no later than\nDecember 31, 2023.