Budget Ordinance Amendment 1st Reading - Finance: Consider Budget Ordinance Amendment 32, Amending the FY 2022-23 Budget for municipal purposes respecting the Streets Capital Projects Fund; providing for filing; and providing for a savings clause.
Item Summary
Amend Capital Improvement Project 92828, Quaker Aveenue From 146th Street to Woodrow Road, and appropriate funding in the amount of $165,153, from $1,109,697 to $1,274,850. Funding will be from the fund balance of the General Fund.
The bid from Quick Stripe for Capital Project 92828, Quaker Avenue From 146th Street to Woodrow Road, came in at the amount of $4,249,500. This will increase the City's share from $1,109,697 to $1,274,850, a difference of $165,153, that will require additional funding.