Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 22-358, approving a budget transfer between programs within the Road Fund 102
body
DEPARTMENT: Public Works
ORIGINATOR: Alexander Hamm
EXECUTIVE RECOMMENDATION: Approved by Ken Klein 08/25/22
PURPOSE: Approval of this action will authorize the transfer expenditure authority between programs in the Road Fund 102, 2022 budget, with no net change to the Road Fund 102 overall budget.
BACKGROUND: The Engineering Services (ES) division’s Capital program requires a budget transfer due to increased construction contractor and consultant payments related to the timing of large multi-year projects. The Road Maintenance (RM) division has excess budget capacity in its Operations program due to development work of a site in Granite Falls being pushed into 2023. The Administrative Operations (AO) division has excess budget capacity in its Operations program due to a property sale that was scheduled to occur in 2022 being moved to 2023.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
102 50630314109 ES Capital Consultant |
$1,492,854 |
|
$1,492,854 |
|
102 50630356399 ES Capital CN Contractor |
$1,350,000 |
|
$1,350,000 |
|
102 50620156399 RM Operations CN Contractor |
($1,350,000) |
|
($1,350,000) |
|
102 50650175503 AO Operations OPTransfer |
($1,492,854) |
|
($1,492,854) |
|
TOTAL |
$0 |
|
$0 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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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: Revied/approved by Finance - Nathan Kennedy 08/25/22