To: Board of Supervisors
From: Public Works
Agenda Section: Consent
Vote Requirement: 4/5th
SUBJECT:
title
Appropriation Transfer for Public Works Bicycles & Trailways Budget (1710715) in the amount of $25,296 for Fiscal Year 2024-25 (4/5 Vote Required)
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RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Approve the appropriation transfer for Fiscal Year 2024-25 in the amount of $25,296 for Public Works Bicycles & Trailways to increase Services and Supplies and Other Charges and reduce Fixed Assets. (4/5 Vote Required)
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STRATEGIC PLAN:
This action supports the following areas of your Board's Strategic Plan.
Area of Focus: Safe & Healthy Communities
Strategic Plan Category: 1007 - Improve the transportation network to be multi-model, safe, sustainable and equitable
DISCUSSION:
Public Works would like to transfer funds between the Fixed Asset line Infrastructure to Services and Supplies line, and Other Charges lines in the Bicycles & Trailways Program (1710715) in fiscal year (FY) 2024-25.
SOURCE OF FUNDING:
Bicycles & Trailways Program (1710715)
FINANCIAL IMPACT:
Expenditures (1710,715)
FY24-25
FY25-26 Projected*
FY26-27 Projected*
Budgeted Expenses
$16,477,500
Additional Appropriation Requested
$0
Total Expenditures
$16,477,500
*Projected amounts are estimates and are subject to change.
Funding Sources (1710,715)
FY24-25
FY25-26
Projected*
FY26-27 Projected*
General Fund
State/Federal Funds
$16,477,500
Fees/Other
Use of Fund Balance
Contingencies
Total Funding Sources
$16,477,500
*Projected amounts are estimates and are subject to change.
Narrative Explanation of Financial Impact:
This item recommends transferring funds to the line items where expenses were incurred in fiscal year (FY) 2024 - 25 for the Bicycles & Trailways Program (1710715).
The Bicycles and Trailways Program has appropriations available for this request in the amount of $25,296. The appropriatio...
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