AGENDA REPORT
DATE: February 26, 2024
TO: City Commission
FROM: Bill McDaniel, City Manager
SUBJECT: CIP Budget Adjustment for Fiscal Year 2023-24
EXECUTIVE SUMMARY:
This CIP budget adjustment appropriates an additional $65,000 for ST029 - Brick Road Restoration to cover the cost to restore the bricks upon completion of the stormwater line repair on Herring Street between N Walker Street and N Thomas Street. This section of street is outside the CRA district. Funding will come from ST010 - Bridge Repair/Replacement using street funding.
RECOMMENDATION:
That the City Commission adopt a resolution to approve an amendment to the Capital Improvement Budget for the fiscal year ending September 30, 2024, and the next four years.
FISCAL IMPACT:
Funding for the project is shown on the detail listed in the attached resolution.
Prepared by: Diane Reichard, Chief Financial Officer