| | | | | | | | Spotsylvania County
Board of Supervisors Agenda
Executive Summary |
| | | | | | | | Meeting Date:
| January 8, 2019 |
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| | | | | | | | Title:
| Capital Projects Budget Adjustments |
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| | | | | | | | Type:
| Action, Appropriation |
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| | | | | | | | Agenda Title:
| Capital Projects Budget Adjustments |
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| | | | | | | | Recommendation:
| Staff recommends that the Board of Supervisors approve the budget adjustments listed below and the appropriations attached. |
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| | | | | | | | Summary:
| Staff is requesting that transfers and appropriations be approved as follows:
General Capital Projects
Adjustments to general capital projects are requested as follows:
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The FY 2018 replacement vehicle projects for Fire/Rescue and Economic Development are now complete and a total of $8,015 is being returned to the Capital Projects Fund balance.
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$2,700 in transportation bond funds remain on the now completed Massaponax Church Road project. As these bond funds cannot be used for any purpose other than transportation projects, staff requests that the available $2,700 be transferred to the continuing projects at Exit 118.
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The VITA Base Mapping project was new for FY 2019, but will recur every several years as new aerial maps are made available by the State. Due to the recurring nature of this work, the project is not suitable as a capital project and staff is requesting a shift of the already budgeted $200,000 from the Capital Projects Fund to the General Fund. Future year funding for the updates of the mapping will be requested in the General Fund as part of the annual budget process.
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Given action taken by the Board in recent meetings to move forward with renovations to the Lick Run Community Center and completion/renovation of the first floor at Merchants Square, staff requests that $1.15M of the $1.2M previously budgeted for design of a new government building be shifted to the Lick Run Community Center renovations ($275,000) and the Merchants Square completion/renovation ($875,000). This will leave $50,000 available in the general government building budget to move forward with a conceptual design of that project.
Utilities Capital Projects
Adjustments to Utilities capital projects are requested as follows:
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The purchase of the flow analyzer equipment approved for the Utilities lab is complete with $321 requested for return to the Utilities Capital Projects Fund balance.
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To consolidate Supervisory Control and Data Acquisition (SCADA) projects, the $100,000 balance in the WTP SCADA Upgrades project is requested for move to the general Telemetry/SCADA project.
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| | | | | | | | Committee/Commission Summary:
| Finance Committee |
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| | | | | | | | Review Date:
| December 20, 2018 |
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| | | | | | | | Financial Impact:
| Please see the attached budget adjustment. |
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| | | | | | | | Staff Contacts:
| Bonnie Jewell, Budget Manager |
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| | | | | | | | Consequence of Denial/Inaction:
| Budgeted project expenditures, funding sources, and appropriations will be out of line with current project cost and funding expectations. |
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