Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 23-053, approving a 2022 Budget Transfer between programs within the Road Fund 102
body
DEPARTMENT: Public Works
ORIGINATOR: Alexander Hamm
EXECUTIVE RECOMMENDATION: Approved by Ken Klein 1/20/23
PURPOSE: Approval of this action will authorize the transfer of expenditure authority between programs in the Road Fund 102, 2022 budget, with no net change to the Road Fund 102 overall budget.
BACKGROUND: The Road Maintenance (RM) division’s Maintenance program requires a budget transfer due to a snow event that occurred at the end of December 2022. This was the second unforeseen snow event of the month, and the resulting expenses caused the program to exceed budget authority. The Administrative Operations (AO) division has excess capacity in its Operations program budget due to lower than forecast 2022 expenses.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
102 50620233123 RM Repair & Maint Supplies |
$300,000 |
|
$300,000 |
|
102 50650134101 AO Professional Services |
($150,000) |
|
($150,000) |
|
102 50650134109 AO Consultant |
($150,000) |
|
($150,000) |
|
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TOTAL |
$0 |
|
$0 |
|
REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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|
|
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: This budget action transfers expenditure authority between programs of Fund 102 with a net effect of zero dollars.
CONTRACT INFORMATION:
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ORIGINAL |
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CONTRACT# |
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AMOUNT |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
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END |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by Finance - Nathan Kennedy 1/20/23