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Meeting Date:	11/13/2017
CARRY OVER BUDGET FOR GRANT FUNDS NO. 3720
Submitted for:	Martha Palacios	Submitted By:	Martha Palacios
Department:	Engineering

Subject:

Discussion and possible action to approve the following carry over budget for Grant Fund No. 3720 - County Transportation Infrastructure Fund (CTIF) in the amount of $5,670,008.19; and any other matters incident thereto. This is required by court policy but does not impact the grant; and, therefore, does not require notification to/approval by the funding agency. Thus, there is no financial impact to either the general fund or the grant. The Financial information has been certified by the Auditor's office. [No Financial Impact]

Webb County - County Transportation Infrastructure Fund (CTIF)

Account Number	Account Name	Carried Over Budget
3720-7230-330300	Grant Revenue	$5,103,007.27
3720-7230-337200	Revenue From Webb	$567,000.92

3720-1150-001-431002-035	Administrative Expense - CERTZ	$43,750.00
3720-7230-001-432001	Professional Services	$443,134.19
3720-7230-001-470000	Capital Outlay	$5,183,124.00

Issue: This grant funding is available until September 30, 2018. Newly implemented procedures require year end balances to be carried over and entered in the system in order to continue the availability of these grant funds during the new fiscal year.

Solution: In order to carry over grant funds, this carry over agenda item must be approved by the court.

Result: Approval of this agenda item for the continued availability of these grant funds.

Background:

N/A

Previous Court Action:

N/A

Fiscal Impact

Budget Account Number:	0
Funding Source:	0
Balance:	0
Financial Impact:
No Financial Impact

Attachments
WEBB COUNTY - CTIF CARRIED OVER BUDGET