TO: Board of Supervisors
FROM: Steve Lederer - Director of Public Works
REPORT BY: German Sierra - Engineering Technician
SUBJECT: Budget Transfer for County Striping/Guardrail Maintenance Project
RECOMMENDATION
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Director of Public Works requests the following actions regarding the Annual Roads Striping/Guardrail Project 2021:
1. Approval to create a new Roads CIP Project for the Annual Roads Striping/ Guardrail Project 2021 (Fund 2040, Org 2040500, Project 22002); and
2. Approval of Budget Transfer for the following (4/5 vote required):
a. Increase appropriations by $400,000 in the SB-1 Non-Operating Special Revenue Fund (SRF) budget (Fund 2440, Org 1220052) to transfer to Project 22002 offset by use of its available fund balance of $116,940 and additional $283,060 as soon as September disbursement is available; and
b. Increase appropriations by $400,000 in Project 22002 budget offset by an increase in revenue from the transfer from the SB1 SRF budget.
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EXECUTIVE SUMMARY
The Annual Roads Striping/Guardrail Project will re-stripe roads and repair guardrails to enhance public safety on the Countywide road network. If the Board approves the Budget Transfer, then the annual maintenance work will be funded from SB-1.
FISCAL & STRATEGIC PLAN IMPACT
Is there a Fiscal Impact?
Yes
Is it currently budgeted?
No
Where is it budgeted?
Revenue for this project is proposed from SB-1 funding, Fund 2040, Org 2040500, Project 22002 (SB-1 Annual Roads Striping/Guardrail Project).
Is it Mandatory or Discretionary?
Discretionary
Discretionary Justification:
Approval of the Budget Transfer is necessary to move the project forward toward construction to improve public safety.
Is the general fund affected?
No
Future fiscal impact:
This is an annual project and future fiscal impact will be routine maintenance.
Consequences if not approved:
If not approved, annual striping and guardrail repair of County roads cannot begin, the striping will continue to fade resulti...
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