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(8)(a)

CITY COMMISSION REGULAR MTG

Meeting Date:

04/17/2024

Budget Amendment For Sewer Rehab Phase 23 and Sanitary Sewer Overflow

Submitted For:

Ryan McClellen

Submitted By:

Ryan McClellen, Finance

Department:

Finance

Information

ACTION REQUEST

Consideration of a budget amendment to transfer funds from 501702-55680 Sewer Line Improvements $300,000 and 501705-55560 Water Tank Improvement $30,000 to 501702-55680-70223 Sewer Line Rehab $330,000.

BACKGROUND (Brief Summary)

Originally $1,500,000.00 was budgeted for this project a combination of phase 23 ($1,200,000.00 act# 501702-55680-70223), and the sanitary sewer overflow initiative (SSO) with the TCEQ that we are participating in ($300,000.00 501702-55680). Would also like to transfer $30,000.00 form 501705-55560 to 50170255680-70223. Bids for phase 23 came in at $1,285,216.00. We have spent or encumbered $233,755.65 on advertising and engineering, with the transfers requested, we will be able to complete the project without any deductions.

RECOMMENDATION

The Finance department recommends a budget amendment from account 501702-55680 Sewer Line Improvements of $300,000 and account 501705-55560 Water Tank Improvement of $30,000. Increasing the budget for 501702-55680-70223 Sewer Line Rehab Phase 23 by $330,000.

Fiscal Impact

Attachments

Ordinance