Commissioners Court Meeting
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Meeting Date:
02/26/2018
APPROVAL OF CARRY OVER FUNDS FOR GRANT FUND 3560
Submitted for:
Martha Palacios
Submitted By:
Martha Palacios
Department:
Engineering
Subject:
Discussion and possible action to approve the following carry over budget for the Loop 20 Extension (Texas Department of Transportation CSJ: 0086-14-058) Grant Fund 3560 in the amount of $745,630.03. Financial information has been certified by the Auditor's office; and any other matters incident thereto. This is required by court policy but does not impact the Grant.
Account Number
Account Name
Amount
3560-7230-001-432001
Professional Services
$745,630.03
3560-7230-330300
Grant Revenue
$745,630.03
Issue:
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 until the end of the project.
Solution:
Request Commissioner Court approval to carry over grant funds.
Result:
Approval of agenda item for the continued availability of grant funds.
Background:
N/A
Previous Court Action:
N/A
Fiscal Impact
Budget Account Number:
0
Funding Source:
0
Balance:
0
Financial Impact:
3560-7230-001-432001 Professional Services
3560-7230-330300 Grant Revenue
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