HomeMy WebLinkAboutItem 08 Approval of Stormwater Division Budget Reallocation 40,1„or
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AGENDA ITEM COVER SHEET
Meeting Date: March 5, 2019
Item # g
Reviewed By:
Contact Name: Stephen C. Krug Department Director:
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Contact Number: 6002 City Manager: �•
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Subject: Stormwater Division Budget Reallocation.
Background Summary:
The budget for the Stormwater Division of Public Works includes funding designated for Debt Service in
anticipation of financing the Downtown Master Stormwater System project. The project continues to
move forward utilizing available funding without the need for obtaining financing at this time. Due to the
positive financial position of the project, Public Works is requesting Commission approval to reallocate
Stormwater funds currently designated for debt service. The current amount allocated to Debt Service
in the Stormwater budget is $1,400,000.00. Public Works is requesting a total of $250,000.00 be
reallocated to two projects; 1) $200,000.00 to the Bluford Avenue Improvement Project to cover the
construction costs for the stormwater system redesign due to unanticipated existing utilities and 2)
$50,000.00 for Contractual Services for the unanticipated increased Florida Department of
Environmental Protection (FDEP) monitoring requirements mandated in the City's National Pollutant
Discharge Elimination System (NPDES) permit. Public Works recommends the reallocation.
Issue:
Request Commission approval to reallocate Public Works Stormwater Division funds.
Recommendations:
Recommend approval to reallocate Public Works Stormwater Division Debt Service funds to two
projects; 1) $200,000.00 to the Bluford Avenue Improvement Project and 2) $50,000.00 for
Contractual Services for increased NPDES monitoring.
Attachments:
None.
Financial Impact:
The budget reallocation is adequately funded within the Public Works Stormwater Division.
Type of Item: (please mark with an x')
Public Hearing For Clerk's Dept Use:
Ordinance First Reading X Consent Agenda
Ordinance Second Reading Public Hearing
Resolution Regular Agenda
X Commission Approval
Discussion& Direction
Original Document/Contract Attached for Execution by City Clerk
Original Document/Contract Held by Department for Execution
Reviewed by City Attorney N/A
Reviewed by Finance Dept. N/A
Review ed by ( ) N/A
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