Budget Ordinance Amendment 2nd Reading - Finance: Consider Budget Ordinance No. 2023-O0095, 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
On August 22, 2023, the City Council approved the first reading of the ordinance.
Amend Capital Improvement Project 92828, Quaker Avenue 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.