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

General Capital Projects

Adjustments to general capital projects are requested as follows:

• After completion of the two corridor study projects, a total of $192 in State funding and $29,722 in local funding remains unspent.  $20,192 of the local funding is transportation bond money and needs to be shifted to another transportation project, so staff is recommending it be shifted to the projects at Exit 118.  The $9,530 other-than-bonds balance of local funding is returned to the Capital Projects Fund balance.

   

• $5,153 in proffer funding specific to the Ni River Park project remains unspent after completion of the concept design it was meant to fund.  With the project having been removed from the out-years of the most recently adopted CIP, Finance staff recommends that this project be closed with the proffer funding being held until such time as further work is planned for the Ni River Park.

Utilities Capital Projects

Adjustments to Utilities capital projects are requested as follows:

• For proper accounting, Finance staff recommends that the Utilities Facility Asset project balance of $1,068,725 be shifted from the general Capital Projects Fund to the Utilities Capital Projects Fund.  This is a net-$0 transfer between funds.