RECOMMENDATION(S):
APPROVE Appropriation Adjustment No. 5120 authorizing the transfer of appropriations in the amount of $1,900,000 from the Transportation Improvement Measure C return to source (0663) to Road Fund - Capital (0662) to fund large construction projects underway as well as continue project development.
FISCAL IMPACT:
No impact to the General Fund.
BACKGROUND:
This action revises Road Fund-Capital budget due to cost increases for various large construction projects.
CONSEQUENCE OF NEGATIVE ACTION:
Funds will not be available to fund the various large construction projects.
CHILDREN'S IMPACT STATEMENT:
Not Applicable.
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