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Meeting Date:	03/14/2022
APPROVE CARRY OVER BUDGET FOR THE LOOP 20 EXTENSION GRANT FUND
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 $757,268.35. 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. [Requested by the Engineering Department; Account #3560-7230-330300 (Grant Revenue) and Account #3560-7230-001-432001 (Professional Services)

	Account Number	Account Name	Amount
From:	3560-7230-330300	Grant Revenue	$757,268.35
To:	3560-7230-001-432001	Professional Services	$757,268.35

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

Attachments
BUDGET TRANSFER FORM
EMAIL