REPORT TO THE CITY COUNCIL
FROM: SCOTT L. MOZIER, PE, Director
Public Works Department
BY: YVONNE DIAZ, Administrative Manager
Public Works Department, Administration Division
SUBJECT
Title
***RESOLUTION - Adopting the 54th Amendment to the Annual Appropriation Resolution No. 2023-185 to appropriate $1,199,100 for operating programs and previously approved capital improvement projects in the Public Works Department (citywide) (Requires 5 Affirmative Votes) (Subject to Mayor's Veto).
Body
RECOMMENDATION
Staff recommends that the City Council adopt the 54th Amendment to the Annual Appropriation Resolution No. 2023-185 to appropriate $1,199,100 for operating programs and previously approved capital improvement projects in the Public Works Department.
EXECUTIVE SUMMARY
Staff recommends the Council adopt a resolution approving the rebudget of various funds from the previous fiscal year for operating programs and previously approved capital projects so that the appropriations in FY 2024 are sufficient to cover anticipated expenditures. The recommended resolution will appropriate $1,199,100 in funding to the current fiscal budget year. The funding proposed to be rebudgeted in FY 2024 includes Proposition 111 Special Gas Tax funds for Traffic Signal & Streetlight Maintenance, reimbursements back to developers for remaining balances in the right-of-way acquisition funds, and Community Facilities District No. 12 revenues for maintenance in the Copper River development area.
BACKGROUND
Annually, the Department reviews its operating programs and capital project appropriations and recommends adjustments to complete anticipated construction during the year. This review ensures that adequate appropriations are in place to complete the programs and projects given the most recent information.
Based on a review of operating and capital improvement project budgets, a number of budgets require adjustment to meet the planned expenditures for the fiscal year....
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