TITLE
The Mayor and City Council shall discuss and possibly take action on approval of a budgetary transfer of $1,906,507.20 from 35244146-67750 to Highway User Revenue Fund, Public Works, Buildings, Public Works & Fire Administrative Maintenance Facility (20055151-67720-35023), Transportation DIF2, Transportation, Buildings, Public Works & Fire Administrative Maintenance Facility (34644146-67720-35023), and General Government CIP Fund, Fire Support Services, Buildings, Public Works & Fire Administrative Maintenance Facility (35022528-67720-35023). Discussion and Action.
AGENDA ITEM DESCRIPTION
Actual expenditures for the Public Works/Fleet/Fire Maintenance Building in FY15 were short of the carryforward projected in December. The full balance from the initial project budget was not carried forward to FY16, leaving a shortfall of $1,906,507.20. Authorization of budgetary transfer is needed to cover the full contract amounts.
This item will be presented by Public Works Director/City Engineer William P. Fay.
STAFF RECOMMENDATION
Staff recommends the Mayor and City Council approve a budgetary transfer of $1,906,507.20 from 35244146-67750 to Highway User Revenue Fund, Public Works, Buildings, Public Works & Fire Administrative Maintenance Facility (20055151-67720-35023), Transportation DIF2, Transportation, Buildings, Public Works & Fire Administrative Maintenance Facility (34644146-67720-35023), and General Government CIP Fund, Fire Support Services, Buildings, Public Works & Fire Administrative Maintenance Facility (35022528-67720-35023).