SPECIAL FUNDS
Fund 154: MEASURE M2 FAIRSHARE This fund was created to account for the City's share of the Measure M2 one-half cent sales tax approved by Orange County voters and administered by the Orange County Transportation Authority. Funding is allocated to the City for streets, roads and transit projects. In FY 2019-20, the City will receive approximately $5.1 million and in FY 2020-21 approximately $5.2 million in Measure M2 Fairshare funding. Capital improvement project appropriations in FY 2019-20, includes $5.8 million for the annual Slurry Seal and Local Street rehabilitation project and in FY 2020-21, an additional $4.6 million for the Slurry Seal project. An additional $0.4 million is appropriated annually for non-CIP activities, such as proactive funding application support and the annual replacement of LED lamps for traffic signals.
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FY 2019-21 Proposed Budget
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