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AuE1VDA SECTIUN REQUEST F4R COUNC�L ACTION ORIGINATING DEPT. /DIV.: Reports F Recoi►miendations Administration �.e NO.. ITEM acsc�iQr�ou Revenue Sha�ing Fimds � MEETING JLIIIe 1�, 1974 DATE : DEPT. HEAD APPROVAL. MGR. REV WED/RECOMMENDS: � The City of Roseville wi11 have received by July 1, 1974, a total of $372,217 in general revenue shaxing fimds. This includes the entitlement periods starting January 1, 1972 and eriding June 30, 1974. In addition, the City has been advised by the Office of Revenue Sharing that the estima.ted funds to be received from the period Ju1y 1, 1974 thru Jtme 30, 1975, will total $174,531. Coi.mcil action is now required on the "actual�'use" of ftmds already received, and also on t,he "planned use" of the fLmds to be received for the next fiscal year. Actual Use of Funds Recezved Regulations reauire fiha� fiuids must be expended, encinnber�d, obligatea or appropriated within a 2A� month period from the end of any one entitlement period. This meaxis that fiaids received for the firs� entitlement period {$67,995.00) ending J�e 30, 1972, must be specifically encLUnbered or obligated by JLme 30, 1974. The only actions the Co2.uiciY has taken on revenue sharing fimds relate to �he "planned use" of such fiuids. In as much as the Cowicil has designated the Iacation of the third £ire station, it would be proper at this time to appropriate an es�i�nated amatmt of the total cost of the station from the General Revenue Sharing FLmd and transfer i� �o the Public Works Reserve Fl.md. In revie.tiving the estimates of the construction costs and property appraisals, it appears the total cost wo�uld be $280,000 to $300,000. Planned Use of Fuaids To Be Received For the ne� entitl.emen� period (7-1-74 to 6-30-75) the City w-i11 xeceive an esti.mated $174,531. It is required that the City submit a Planned Use Report for those fLmds and publish such repor� in a newspaper of general circulation. This report needs ta be sub- mitted to the Office of R�venue Sharing by J�e 24, 1974. Revenue sharing fiuids may b authori.zed to malce, except no discussion of the use a needs of the comm�mity. Fo ended that the planned iase may include s�reets, roads, report does not irrevoca�ly Action Re ested: e used virtua.Ily far any expenditures that the City is presently for the local matching share of federal grants. There has been f these fimds and how these ftmds would relate tfl the total capit�l r purposes of submitting the "Planned Use" report it is recomm- of these fiuzds be d.esi�ated for "PubZic Transportation" which transit, bicycle routes, etc. In an.y event, the Planned Use conuns.t the City to such use. l. Mvtion to appropxiate $300,000 from �he �eneral Revenue Sharing Trust Fund to the Public Works Reserve F�u1d and encwnber such ft�cLs for Fire Station No. 3. 2. Motion that the Revenue Sharing Planned Use Report for July I, 1974 through Jwle 30, 1975 be published in the Roseville Sim and that the amo�nt of $174,531 be designated for public transportation.