Discussion and possible action to approve, by Order, the following budget amendment (line item transfer) from Road & Bridge payroll savings to the TxDOT County Transportation Infrastructure Fund (CTIF) matching funds. [Fund #2007 (Road & Bridge)]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2007-7150-001-410000
Payroll Cost
$1,737,145
$167,359
$943,567
$776,208
To:
2007-7150-001-463901-005
Commissioners Court TxDot CTIF
$300,000
$167,359
$19,352
$186,711
Issue: TxDOT CTIF 2014 grant award requires matching funds budgeted under Road and Bridge Fund. County has budgeted matching funds for five years; but road projects were mostly completed in fiscal year 2021.
Solution: Budget line item transfer to cover the cost of CTIF-2014 required matching funds.
Result: Grant matching funds will comply with TxDOT requirement.