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4A Presentations 2017 1002
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4A Presentations 2017 1002
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9/27/2017 12:57:00 PM
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9/27/2017 12:56:57 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
10/2/2017
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Measure B/BB Funding <br />9 <br />ACTC rules for prompt use of measure B and BB fund <br />2002 –Dec 2015 Jan 2016 –current <br />5 years to spend allocation 1 year to spend allocation, 4 years to comply <br />Exact funding isn’t known until after the fiscal year is over, therefore strict compliance is only <br />required once every four years. <br />San Leandro spending of measure B and BB funds <br />2002-current FY 2019 <br />Funds spent within 3 years Will comply with 1 year spending <br />requirement <br />Spend down of our current measure B and BB balance results in additional appropriations in <br />FY 2018 20
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