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EXAMPLES <br /> <br /> Cumulative Local <br />1. Amount Paid to <br /> Match <br /> Treasurer/ACTA Shortfall <br /> Obligations <br />City X $ 600,000 $ 700,000 <br />City Y $ 300,000 $ 300,000 <br />City Z $ 300,000 $ 200,000 <br />TOTAL $ 1,200,000 $ 1,200,000 $0 <br /> <br />In this example, e~ 'en though City Z is $100,000 behind in its cumulative obligation <br />to ACTA, there is no shortfall, and hence City Z owes no additional revenues, <br />because ACTA ha., received the total amount of the cumulative Local Match <br />obligation throug? that fiscal year. <br /> <br /> Cumulative Local <br />2. Amount Paid to <br /> Match <br /> Treasurer/ACTA Shortfall <br /> Obligations <br />City X $ 600,000 $ 700,000 <br />City Y $ 300,000 $ 300,000 <br />City Z $ 300,000 $ 150,000 <br />TOTAL $1,200,000 $1,150,000 $50,000 <br /> <br />In this example, ti ere is a $50,000 shortfall. City Z will need to fund the $50,000 <br />shortfall from sore ces other than TVTD Fees. <br /> <br />Joint Exercise of Powe's Agreement <br />TVTD Fees for Traffi Mitigation <br /> <br />Page 9 of 21 <br />June 2, 1998 <br /> <br /> <br />