Explanation
1. BACKGROUND
The Department of Public Service employs personnel that are engaged in surveying for the purpose of assisting in preparation for design and construction construction for City projects. These expenses are paid from the Construction Inspection Fund. Costs incurred by the operating fund for the salaries, overhead, overtime, materials and other direct costs can be capitalized. Doing so is consistent with earlier efforts by the Division to reimburse its operating fund when the operating fund incurred expenses more appropriate to capital improvement funding.
This ordinance authorizes the expenditure of $40,000.00 or so much thereof as may be necessary for this purpose.
2. FISCAL IMPACT
Funding for this expenditure is available within the Street and Highway Improvement Fund, no. 766. C.I.B. amendments and funds transfers are necessary to move monies and authority to the appropriate project detail.
3. EMERGENCY DESIGNATION
Emergency action is requested to allow the reimbursement of these operating expenses at the earliest possible time to make the Construction Inspection Fund whole.
Title
To authorize the Director of Public Service to expend $40,000.00 or so much thereof as may be necessary to reimburse the Construction Inspection Fund for surveying work expenses, salaries, overhead, overtime, materials and other direct costs incurred by the Fund in connection with the Division of Design and Construction capital improvements program in 2012; to amend the 2012 C.I.B.; to authorize the transfer and expenditure of monies within the Street and Highway Improvement Fund for the Department of Public Service; and to declare an emergency. ($40,000.00)
Body
WHEREAS, the Department of Public Service employs personnel that are engaged in surveying work and incurs various salary and material expenses within its operating fund associated with capital projects; and
WHEREAS, these costs can be capitalized; and
WHEREAS, it is necessa...
Click here for full text