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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: Date: 12/21/2007 Commission Meeting Date: 1/10/2008 Type: ® Resolution P] Ordinance [1 Other II Requesting Departmei '7 t lLimp:preU Ie It � District Impacted: ALL Emergency Ordinance n Discussion Item Subject: Resolution appropriating new funding and continuing previously approved capital projects for FY2008. Purpose of Item: 1 The purpose of the item is to appropriate new funding sources and amend prior year appropriations to continue capital improvement projects for Fiscal Year 2007-2008. These new appropriations are incorporated in the 2007-2008 Multi -Year Capital Plan which will be presented as a separate agenda item. Background Information: New revenues have been identified for projects throughout the various Capital Funds. The revenues are derived from recurring and non -recurring sources. The recurring sources include Transit Half Cent Surtax, Impact Fees and Contribution from General Fund. The non -recurring sources include Street Bond Series 1, the Sunshine State Governmental Financing Commission Loan, CDT dollars for the Orange Bowl and various grants. Additionally the prior year appropriations of Homeland Defense Neighborhood Improvement Bond funds require reallocation within the Capital Funds to continue previously approved projects. These new appropriations and revisions are included in the 2007-2008 Multi -Year Capital Plan which is to be presented as a separate agenda item. Budget Impact Analysis Yes Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: Yes Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact:_ _ - G p r ; ; .OVAL: i V Final Approvals (SIGN AND DATE)/ CIP c1!" 4 Budget ( If using or receivint ital fi7rl'ds' �� 04' Grants —`" Risk Ian g Purchasing ) Dept Director y, Chief City Manager l; CT\U