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CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION
From: Kerry Morford, Interim Director
Subject: Request transfer of funds to
appropriate funding for Street Sewer
Main Replacement projects No. SW04-
23 and SW04-24.
Dept: Public Services
Date November 9, 20040 R \ G \ N A L
Meeting Date: November 15, 2004
Synopsis of Previous Council Action
September 7,2004 - 288 CIP FY04/09
Recommended Motion:
Authorize the Director of Finance to amend the FY04-05 budget and;
1. Transfer $280,000 from the unallocated Sewer Line Maintenance Fund balance to
Account No. 132-431-5505-7501; and,
2. Transfer $125,000 from the unallocated Sewer Line Maintenance Fund balance to
Account No. 132-431-5505-7502.
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James Funk, Director
Development Services Department
Contact person Director of Public Services Phone:
5140
Supporting data attached: Ward:
FUNDING REQUIREMENTS: Amount:
4,7
$405,000
Source:
Unallocated Sewer Line
Maintenance Fund
balance
Finance:
Council Notes:
/1//b(fY/
Agenda Item No. A 1
CITY OF SAN BERNARDINO - REQUEST FOR COUNCIL ACTION
Staff Report
Subject:
Request transfer of funds to appropriate funding for Street Sewer Main Replacement
projects No. SW04-23 and SW04-24.
Background:
On September 7,2004, the Mayor and Common Council approved the FY04-09 Carnital
Improvement Program (CIP). Included in this Program were projects SW04-23, "34 h
Street Main Replacement" with an estimated cost of $125,000 and SW04-24, "48th
Street Main Replacement" with an estimated cost of $280,000.
Although the projects were included in the approved CIP, project funding was not
included in the FY2004/2005 adopted budget. Therefore, staff is requesting a transfer
of funds in the total amount of $405,000 from the unallocated Sewer Line Maintenance
Fund balance to appropriate the funds for these projects.
Financial Impact:
The Sewer Line Maintenance Fund balance is estimated to be $2,962,900 on June 30,
2005. Sufficient funds are available to cover the transfer of these funds for the
construction of these two projects.
Recommendation:
Authorize the Director of Finance to amend the FY04-05 budget to:
1. Transfer $280,000 from the unallocated Sewer Line Maintenance Fund balance to
Account No. 132-431-5505-7501; and,
2. Transfer $125,000 from the unallocated Sewer Line Maintenance Fund balance to
Account No. 132-431-5505-7502.