Explanation
1. BACKGROUND
The Department of Public Service employs personnel that are engaged in traffic sign and signal installation, permanent pavement marking application, engineering, roadway improvement and design and construction. Project costs incurred by the operating fund are salaries, overhead, overtime, materials and other direct costs. The division budgets the personnel and additional costs within the division’s operating fund, the Street Construction, Maintenance and Repair Fund. These costs are capital eligible and 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 $2,875,463.00 or so much thereof as may be necessary for this purpose.
2. FISCAL IMPACT
Funding for this expenditure is budgeted and available within the Streets and Highways G.O. Bond Fund, no. 7704. The 2016 revenue estimate for the Street Construction, Maintenance and Repair Fund reflects and assumes this revenue.
3. EMERGENCY DESIGNATION
The division requests emergency action designation to allow the reimbursement of these operating expenses at the earliest possible time to provide adequate operating resources for the Street Construction, Maintenance and Repair Fund.
Title
To authorize the Director of Public Service to expend $2,875,463.00 or so much thereof as may be necessary from the Streets and Highway G.O. Bonds Fund in order to reimburse the Street Construction, Maintenance and Repair Fund; and to declare an emergency ($2,875,463.00).
Body
WHEREAS, the Department of Public Service employs personnel that are engaged in traffic sign and signal installation, permanent pavement marking application, engineering, roadway improvement and design and construction activities and incurs various salary and material expenses within its operating fund associated with capital projects; and
WHEREAS,...
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