SUBJECT:
Title
County Transportation Maintenance Fund - Road and Street Facilities - $356,167
Body
INITIATOR:
DEPARTMENT:
Steven Cahoon, County Engineer
Office of the County Engineer
DESCRIPTION/BACKGROUND:
The project at Marion Oaks Blvd Intersection received a fully executed grant agreement on November 7, 2024. The grant provides $356,167 toward the construction of the project. This adjustment recognizes the new source of revenue in the Transportation Maintenance Fund. It also increases the Reserve for Contingencies an equal amount, as the burden for funding the construction has been shifted to the new revenue.
BUDGET/IMPACT:
Increase Transportation Maintenance Fund allocation by $356,167.
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution
end