Discussion and possible action to approve, by Order, the following budget amendment (line item transfers) to cover TxDOT CTIF grant matching requirement: [Fund 2007 (Road & Bridge)]
Acct. Number
Acct. Name
Adopted
Request
Current
End Bal.
From:
2007-7150-001-462605
Fuel & Lubricants
$336,000
$74,842
$126,180
$51,338
2007-7150-001-444500
Equipment Rental
$30,000
$20,000
$27,392
$7,392
$94,842
To:
2007-7150-001-463901-005
Comm. Court TxDOT CTIF
$300,000
$94,842
$0
$94,842
Issue: TxDOT CTIF 2020 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-2020 required matching funds for payment No. 7.
Result: Grant matching funds will comply with TxDOT requirement for payment No. 7.