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 Luis Perez Garcia; Account #3560-7230-330300 (Grant Revenue) and Account #3560-7230-001-432001 (Professional Services) (No Financial Impact)]
Account Number
Account Name
Amount
3560-7230-001-432001
Professional Services
$757,268.35
3560-7230-330300
Grant Revenue
$757,268.35
Issue: Newly implemented procedures require year-end balances to be carried over and entered into 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:
3560-7230-330300 Grant Revenue
3560-7230-001-432001 Professional Services
No Fiscal Impact