Explanation
The Public Service Department, Transportation Division, employs personnel that are engaged in traffic sign and signal installation, permanent pavement marking, and roadway design activities. Other project costs incurred by the operating fund are overhead, overtime, materials and other direct costs. These personnel and project expenses are budgeted within and paid from the division's operating fund, the Street Construction, Maintenance and Repair Fund. These 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 $1,520,000.00 or so much thereof as may be necessary for this purpose.
Fiscal Impact: This expenditure is budgeted and available within the Transportation Division's 2008 Capital Improvement Budget within the Streets and Highways G.O. Bonds Fund. The 2008 revenue estimate for the Street Construction, Maintenance and Repair Fund reflects and assumes this revenue.
Title
To amend the 2008 C.I.B; to authorize the transfer of funds within the Streets and Highways G.O. Bonds Fund; to authorize the Public Service Director to expend $1,520,000.00 or so much thereof as may be necessary to reimburse the Street Construction, Maintenance and Repair Fund for traffic sign and signal installation, permanent pavement marking, roadway improvement design and construction expenses, salaries, overhead, overtime, materials and other direct costs incurred by the latter in connection with the Transportation Division's capital improvements program in 2008; to authorize the expenditure of $1,520,000.00 from the Streets and Highways G.O. Bonds Fund for the Transportation Division. ($1,520,000.00)
Body
WHEREAS, the Transportation Division employs personnel that are engaged in traffic sign and signal installation, permanent pavement marking activity, and roadway improvement design and construction activities and incurs expenses within its operating fund associated with capital projects; and
WHEREAS, these costs can be capitalized; and
WHEREAS, the 2008 revenue estimate for the Street Construction, Maintenance and Repair Fund reflects and assumes this revenue; and
WHEREAS, it is necessary to authorize this expenditure in order to provide adequate operating resources for the Transportation Division; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the 2008 Capital Improvements Budget established within ordinance 0690-2008 be and hereby is amended due to cancellations as follows:
Project Number / Project / Current CIB Amount / Amendment Amount / CIB Amount
590130-100000 / Facilities (Carryover) / $1,200,000.00 (Carryover) / $4,100.00 (Carryover) / $1,204,100.00 (Carryover)
SECTION 2. That the 2008 Capital Improvements Budget established within ordinance 0690-2008 be and hereby is amended to provide funding for this reimbursement as follows:
Project Number / Project / Current CIB Amount / Amendment Amount / CIB Amount
590130-100000 / Facilities (Carryover) / $1,204,100.00 (Carryover) / ($1,196,974.00) (Carryover) / $7,126.00 (Carryover)
530086-100000 / Intersection Improvements (Carryover) / $3,384,223.00 (Carryover) / ($63,482.00) (Carryover) / $3,320,741.00 (Carryover)
530161-100000 / Roadway Improvements (Carryover) / $2,092,928.00 (Carryover) / $1,260,456.00 (Carryover) / $3,353,384.00 (Carryover)
SECTION 3. To authorize the City Auditor to transfer funds between projects within Fund 704, the Streets & Highways GO Bonds Fund as follows:
From:
Fund/Project / Project Name /OCA/OL3/Amount
704 / 590130 / Facilities / 644385 / 6600 / $1,196,973.50
704 / 530086 / Intersection Improvements / 644385 / $63,482.00
To:
Fund/Project / Project Name /OCA/ OL3/Amount
704 / 530161 / Roadway Improvements / 644385 / 6600 / $1,260,455.50
SECTION 4. That the Public Service Director be and hereby is authorized to expend $1,520,000.00 or so much thereof as may be necessary to reimburse the Street Construction, Maintenance and Repair Fund for traffic sign, signal installation, permanent pavement marking, roadway improvement design and construction expenses, salaries, overhead, overtime, materials and other direct cost expenses incurred in connection with the Transportation Division, Dept.-Div., 59-09, capital improvements program in 2008 as follows.
Fund/ Fund Name / O.L. 01/03 Codes / OCA Code / Project Number / Project Name / Amount
704 / Streets and Highways G.O. Bonds Fund / 06/6631 / 644385 / 530161 / Roadway Improvements / $1,520,000.00
SECTION 5. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 6. This ordinance shall take effect and be in force from and after the earliest period allowed by law.