Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 24-318, approving a budget transfer between programs within the Road Fund 102
body
DEPARTMENT: Public Works
ORIGINATOR: Alexander Hamm
EXECUTIVE RECOMMENDATION: Ken Klein 7/31/24
PURPOSE: Approval of this action will authorize the transfer of expenditure authority between programs in the 2024 Road Fund 102 budget, with no net change to the aggregate budget amount.
BACKGROUND: The Engineering Services (ES) division’s Operations and Maintenance budgets require budget transfers due to a shift to more Operations and Maintenance program work activities in 2024. Sufficient budget authority exists within the ES Capital program.
FISCAL IMPLICATIONS:
|
EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
102 50630131011 ES Ops Salary |
$900,000 |
|
$900,000 |
|
102 50630132013 ES Ops Benefits |
$300,000 |
|
$300,000 |
|
102 50630291011 ES Maintenance Salary |
$700,000 |
|
$700,000 |
|
102 50630292013 ES Maintenance Benefits |
$300,000 |
|
$300,000 |
|
102 50630311011 ES Capital Salary |
($1,600,000) |
|
($1,600,000) |
|
102 50630312013 ES Capital Benefits |
($600,000) |
|
($600,000) |
|
TOTAL |
$0 |
|
$0 |
|
REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
DEPARTMENT FISCAL IMPACT NOTES: This budget action transfers expenditure authority between programs of Fund 102 with a net effect of zero dollars.
CONTRACT INFORMATION:
|
ORIGINAL |
|
CONTRACT# |
|
AMOUNT |
|
|
AMENDMENT |
|
CONTRACT# |
|
AMOUNT |
|
Contract Period
|
ORIGINAL |
START |
|
END |
|
|
AMENDMENT |
START |
|
END |
|
OTHER DEPARTMENTAL REVIEW/COMMENTS: Reviewed/approved by: Finance (Nathan Kennedy (7/31/24)