SUBJECT:
Title
Infrastructure Surtax Capital Project Fund - Infrastructure Tax Transportation - $34,300,000
Body
INITIATOR:
DEPARTMENT:
Steven Cohoon, P.E., County Engineer
Office of the County Engineer
DESCRIPTION/BACKGROUND:
Several projects funded by Sales Tax are being adjusted to better align with current priorities. Additional funding is needed for right-of-way (ROW) acquisitions on certain projects, while others are advancing to construction and require additional funds to meet minimum bid requirements. A total of $34,300,000 will be reallocated from projects with later start dates to those with more immediate needs. These funds will be replenished in the future as additional Sales Tax or Impact Fee revenues become available.
BUDGET/IMPACT:
Neutral
RECOMMENDED ACTION:
Recommended action
Approve attached Budget Amendment Resolution and amend the CIP.
end