File #: ID 19-006    Version: 1 Name: Reallocation (PW Capital Projects)
Type: Reallocation Status: Agenda Ready
File created: 1/14/2019 In control: City Council
On agenda: 1/22/2019 Final action: 1/22/2019
Title: Consider a reallocation of funds in the General Capital Projects Fund in the amount of $1,093,951.45
Attachments: 1. Memorandum, 2. Budget Reallocation

Subject:

Title

Consider a reallocation of funds in the General Capital Projects Fund in the amount of $1,093,951.45

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Presented By:  City Staff

 

Recommendation and Review

Public Works staff identified several completed projects that had budgeted funds remaining from either VDOT Revenue Sharing funds or city local match funds that it transferred through VDOT’s process to other projects. The existing projects are the Garbers Church Road Shared Use Path project and the Mount Clinton Pike project. The VDOT Revenue Sharing funds would have been de-allocated if not transferred to an existing project.