AGENDA REPORT
DATE: September 23, 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 $561,000 to CIP # TR008 - Traffic Control Cabinets to complete the traffic cabinet upgrade and citywide emergency vehicle preemption program. The Florida Department of Transportation (FDOT) grant through Technologies Applications Partnerships with Local Agencies (TAPs-LA) will cover 100% of the cost.
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 this item is listed on the attached resolution.
Prepared by: Diane Reichard, Chief Financial Officer