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3. RECIPIENT shall, by December 31 of each year, submit to Alameda <br /> CTC, at the RECIPIENT's expense, a compliance report on programs and projects on which <br /> RECIPIENT expended Measure B and VRF funds. In such report, RECIPIENT shall state how <br /> the funds were used, the benefits derived from the funded programs and projects, and <br /> establishment of fund reserves and amounts remaining in reserves, and anticipated program and <br /> project expenditures. If RECIPIENT's expenditures in a fiscal year are less than the amount <br /> received during such year, RECIPIENT shall explain why revenues exceeded expenditures and <br /> RECIPIENT's plan for the unexpended funds. <br /> 4. To be eligible for receipt of Local Streets and Roads funds, RECIPIENT <br /> shall provide Alameda CTC with the certified number of maintained road miles within <br /> RECIPIENT's jurisdiction, which shall be consistent with the miles reported to state and federal <br /> agencies. Road miles shall be used in the updated Measure B sales tax revenue allocation <br /> formula for distributing Measure B funds and the new mileage shall be reflected in the <br /> distributions that start on July 1 of each new fiscal year. RECIPIENT shall provide Alameda <br /> CTC with the annual certified number of maintained road miles each fiscal year even if the <br /> number of miles for the fiscal year did not change. <br /> 5. RECIPIENT shall install or mount signage adjacent to VRF and Measure <br /> B funded construction projects and on vehicles funded with VRF and Measure B funds (e.g., <br /> RECIPIENT and Alameda CTC logos; "Your Transportation Tax Dollars Help Fund the <br /> Operation of This Vehicle!")where practical, so Alameda County taxpayers are informed as to <br /> how RECIPIENT is using Measure B and/or VRF funds. RECIPIENT shall include a description <br /> of signage and number of signs posted in the annual compliance report submitted to <br /> Alameda CTC. <br />