Explanation
The Public Service Department, Transportation Division, employs personnel that are engaged in traffic sign and signal installation, permanent pavement marking, and roadway improvement design and construction expenses. Project costs incurred by the operating fund are salaries, 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 $577,000.00 or so much thereof as may be necessary for this purpose.
Fiscal Impact: This expenditure is budgeted and available within the Transportation Division's 2007 Capital Improvement Budget within the Voted 1995, 1999, 2004 Streets and Highways Fund. The 2008 revenue estimate for the Street Construction, Maintenance and Repair Fund reflects and assumes this revenue.
Title
To authorize the Public Service Director to expend $577,000.00 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 Fund in connection with the Transportation Division's capital improvements program in 2008; and to authorize the expenditure of $577,000.00 from the Voted 1995, 1999, 2004 Streets and Highways Fund for the Transportation Division. ($577,000.00)
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 various salary and material 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 Public Service Director be and hereby is authorized to expend $577,000.00 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 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 / Voted 1995, 1999, 2004 Streets and Highways Fund / 06/6631 / 644385 / 530282 / Resurfacing / $577,000.00
SECTION 2. 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 3. This ordinance shall take effect and be in force from and after the earliest period allowed by law.