SUBJECT:
Title
Impact Fee West District Fund - Impact Fees West District - $5,247,419
Body
|
INITIATOR: |
DEPARTMENT: |
|
Steven Cohoon, PE, County Engineer |
Office of the County Engineer |
DESCRIPTION/BACKGROUND:
This adjustment increases the Balances Forward account in the Impact Fees - West fund. Upon consultation with the Budget Department, it is apparent that the available funds to be carried forward are higher than the budgeted amount of $34,854,577. This adjustment increases the amount to $40,101,996. Also, to adjust the project ledger by an equal amount the additional $5,247,419 will be added to the SW 38th/40th St Widening Project.
BUDGET/IMPACT:
Increase Impact Fees West District Fund appropriation by $5,247,419
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution.
end