Agenda Item Name:
Title
Budget Amendment 2022-1036 to Reallocate Funds between Facility’s Projects
End
Presenter:
Charlie Jackson, 374-5289
Description:
Budget Amendment to move funding from completed projects to existing projects
End
Recommended Action:
Recommended Action
Approve the Budget Amendment
End
Prior Board Motions:
Projects 8201908-Civil Roof Replacement and 8201909-Civil Courthouse Chiller Replacement were approved in FY19. Projects 8211906-Records Retention Boiler Replacement & Facilities Main Building Roof Replacement, 8211907-Community Support Services/Health Department Building Main Entrance Concrete Apron, 8201914-Civil Courthouse Inmate Holding Cell Plumbing Improvement and 8211910-Meta Building Roof Replacement were approved in FY20. Projects 8211907-Community Support Services and Health Department Building Interior Painting and 8221904-Civil Courthouse Sealing and Envelope Improvement were approved in FY21.
Fiscal Consideration:
Fiscal Consideration
Unused budgets are being reallocated to projects within g/l codes 001.19.1919.519.46.00 and 001.19.1919.712.46.00 with a resulting net zero adjustment to the total budget.
End
Strategic Guide:
Infrastructure
Background:
A major component of project management is effectively managing project budgets. Over the past few years, the Facilities Department for General Services has completed a host of projects with remaining budget. For this reason, we are asking the Board for approval to reallocate funds from completed projects to satisfy shortfalls in other projects.
Reallocating funds remaining in completed projects and transferring the balance into others with shortfalls will enable staff to complete projects with existing funds.