Staff is requesting that transfers and appropriations be approved as follows:

General Capital Projects

Adjustments to general capital projects are requested as follows:

• Along with funding for parking lot upgrades, the current budget for the Marshall Park Upgrades project includes funding for design and construction of a rectangular field at the Spotsylvania Middle School (SMS) site for joint use by Parks & Recreation and Spotsylvania Public Schools.  Because the field is not located at Marshall Park and to ensure clear accounting for the costs related to the field itself, Finance staff has requested that the field budget and costs be tracked in a separate project.  This net-$0 adjustment reallocates $343,000 of the existing Marshall Park parking lot upgrades project to a new, separate Rectangular Field – SMS project.

   

• The Marshall Park Replacement Lighting project is now complete and the $36,198 balance remaining is being returned to the Capital Projects Fund balance.

• The Holbert Generator project has a balance of negative $6,368.  Information Services has requested a transfer from their operating budget to this capital project to cover the shortfall.

   

• Public Works staff has analyzed the potential for expansion of the compost operation to include green waste composting and have determined that the project is not financially feasible at this time.  Staff will continue to review options and may recommend reconsideration of the project in future fiscal years, but is requesting that the $585,563 balance in the project be transferred to the Capital Projects Fund balance for use towards other more immediate capital projects.

Utilities Capital Projects

Adjustments to Utilities capital projects are requested as follows:

• The Piedmont Drive Pump Station Abandonment project is now complete and the $68,068 balance remaining is being returned to the Utilities Capital Projects Fund balance.