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HomeMy WebLinkAbout31-Public Services .' ORIGINAL CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION Date: May 3, 2006 Subject: Approve a transfer of funds from the Yo Cent Sales Tax budget account number 129-367-5504-7589 to Yo Cent Sales Tax budget account number 129- 367-5504-7588 the amount of $54,000,00 From: Ken Fischer Department: Public Services Meeting Date: May 15, 2006 Synopsis of Previous Council Action: Recommended Motion: The Mayor and Common Council authorize the Director of Finance to transfer $54,000.00 from Yo Cent Sales Tax budget account number 129-367-5504-7589 to Yo Ce'" S",. T~ '"dg,t "''""'" "m'o< 129-367-5504-75h~ _ /. Si ure Contact Person: Ken Fischer. Director Phone: 5140 Ward: All Supporting Data Attached: Budget AmendmentfTransfer Request FUNDING REQUIREMENTS: Amount: $54,000.00 Source: Yo Cent Sales Tax budqet account number 129-367-5504-7589 to Yo Cent Sates Tax budqet account number 129-367-5504-7588 in the amount of $54.000.00. Council Notes: Agenda Item No. ..31 5116)0' CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION Staff Report Subject: Approve a transfer of funds from the Yo Cent Sales Tax budget account number 129- 367-5504-7589 to Yo Cent Sales Tax budget account number 129-367-5504-7588 the amount of $54,000.00. Background: As part of an overall emphasis on street repair and maintenance activities within the current fiscal year, the Public Services Department, Street Division, in conjunction with Development Services, has developed a joint departmental strategy to rehabilitate certain streets. On major street resurfacing efforts, the strategy utilizes Street Division crews to perform street surface preparation, sweeping, placement, leveling, rolling, traffic control and hauling of recycling debris generated by the cold-milling process. Street rehabilitation project budgets are estimated by determining the length and width of streets. The result is a total square footage of street to be rehabilitated. The square footage is then multiplied by an estimated cost per square foot to complete the street surface preparation, sweeping, placement, leveling, rolling, traffic control and hauling of recycling debris generated by the cold-milling process. The cost per square foot estimate is a conservative estimate; changing material and labor costs may cause estimates to vary from year to year. Staff also utilizes a Pavement Management Analysis System to verify and check estimates for projects. CIP SS 04-124 is a pavement rehabilitation project on Gilbert Street from Waterman Ave. to Twin Creek Channel. The rehabilitation included a full width of street grind and an overlay of 1-1/2 inches of new asphalt and had a project budget of $200,000.00. Staff has completed all the required work and received the project invoices. The project was completed under budget. The completed project cost is $72,756.89. The project budget balance is $127,243.11. CIP SS 04-121 is a pavement rehabilitation project on 3rd Street from Sterling Ave. to Victoria Ave. The rehabilitation included a full width of street grind and overlay of 1-1/2 of new asphalt and had a project budget of $160,000.00. Actual paving cost is $29,662.88 more than budgeted due to additional base paving of the street that needed to be done. Staff anticipates needing an additional $54,000.00 for this project to cover the additional paving that was done and striping work needed to finish the project. Staff proposes using $54,000.00 of project savings from CIP SS 04-124 to cover this outstanding balance. Financial Impact: There is no overall impact to the Yo Cent Sales Tax Capital Improvement Program budget. However, project 129-367-5504-7589 budget will be reduced by 54,000.00 and project 129-367-5507-7588 budget will be increased by $54,000.00. Recommendation: The Mayor and Common Council authorize the Director of Finance to transfer funds from the Yo Cent Sales Tax budget account number 129-367-5504-7589 to Yo Cent Sales Tax budget account number 129-367-5504-7588 in the amount of $54,000.00. l City of San Bernardino BUDGET TRANSFER REQUEST DATE TRANSFER FROM II TO ACCOUNT NO AMOUNT II ACCOUNT NO. AMOUNT Depl. Budget II Dept. Budget Fund Di... COde SUFX Fund Di... Code SUFX - -- REV - -- REV 'I 129 367 5504 758 $54,000.00 f29 67 5504 7588 $54,000.00 I II Ii I l' I " II REASON FOR TRANSFER Tn rnV1'R RllOfin SHORTFALLS OF PROJECT BUDGET REQUESTED BY PUBLIC SERVICES DEPARTMENT FINANCE & ADMINISTRATOR'S OFFICE USE ONLY J. V. Number COUNCIL ACTION (REQUIRED) (NOT REQUIRED) DATE MAY 15, 2006 APPROVED, APPROVED, DIRECTOR OF FINANCE CITY ADMINISTRATOR DISTRIBUTlnN. WI-lITF _ Fin:on.... VFI I nw . Fin"n,.. DINIL _ C.."".ArH.." ..........~..__....