Agenda

Return

C. 33

To:	Board of Supervisors
From:	Keith Freitas, Airports Director
Date:	May 10, 2016

Contra

Costa

County

Subject:

ADJUST. TO REVENUE FROM FAA, CALTRANS & AIRPORT CAPITAL MAINT RESERVE FUND & APPROP. FOR EST. EXPEND. AT BYRON AIRPORT FOR FY 2015/16

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 05/10/2016

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

Beth Lee, (925) 681-4200

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: May 10, 2016
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

APPROVE Fiscal Year (F/Y) 2015/16 Appropriation and Revenue Adjustment No. 5068 to add the Byron Airport Pavement Rehabilitation, Reconstruction and Sign Replacement project to the budget in the amount of $927,229 and increasing revenue from Federal Aviation Administration (FAA) Grant of $834,506, matching Caltrans Grant of $41,725 and remaining $50,998 from the Airport’s Capital Maintenance Reserve Fund to offset this expense.

FISCAL IMPACT:

Total project costs $927,229 of which is funded by: 90% - FAA Grant, 4.5% - Caltrans and 5.5% - Airport’s Capital Maintenance Reserve Fund.

BACKGROUND:

On October 5, 2015, the Byron Airport Pavement Rehabilitation, Reconstruction and Sign Replacement Project commenced. This item was not included in the F/Y 2015/16 budget as project timing was not determined until after the budget had been set. The appropriation of the FAA Grant matching, the matching Caltrans Grant and a portion of the Airport’s Capital Maintenance Reserve Fund are needed to accurately reflect this project in our current year budget and to offset this expense.

CONSEQUENCE OF NEGATIVE ACTION:

If not approved, the Airport Enterprise Fund budget will be out of balance as expenditures will far exceed current Airport appropriations.