Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) for the County Transportation Infrastructure Fund Grant Program (C.T.I.F. 2014):
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
3720-7230-001-410000
Payroll Cost
$41,740.87
$3,203.35
$3,203.35
$0
3720-7230-001-421000
Health Life Ins
$45,922.00
$40,098.93
$40,098.93
$0
3720-7230-001-422000
FICA County Share
$3,029.62
$224.53
$224.53
$0
3720-7230-001-423000
Retirement County Share
$5,011.51
$394.00
$394.00
$0
3720-7230-001-425000
Unemployment Tax
$289.99
$19.16
$19.16
$0
3720-7230-001-426000
Workers Comp
$2,894.90
$222.78
$222.78
$0
3720-7230-001-470000
Capital Outlay
$397,074.30
$86,728.30
$0
$0
3720-7230-703-470000
Capital Outlay
$3,670,675.00
$854,160.00
$3,663,422.10
$2,809,262.10
$985,051.05
To:
3720-7230-702-432001
Professional Services
$0
$10,891.05
$0
$10,891.05
3720-7230-702-470000
Capital Outlay
$916,244.08
$954,160.00
$362,107.73
$1,316,267.73
3720-7230-703-432001
Professional Services
$358,000.00
$20,000.00
$0
$20,000.00
$985,051.05
Issue: Espejo Gates project has been completed with surplus funds.
Solution: Proposing to transfer funds to other C.T.I.F. Projects, namely, Mines Road-Eagle Pass Road Project and Wormser Road Project.
Result: Additional fund distribution for the remaining 2014 C.T.I.F. Projects.