Title:
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Approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) #24-060 through various countywide funds to transfer $13,871,327.41 to reserves related to close-outs and project adjustments of various sales tax projects. Countywide (Timothy Jecks, Management & Budget Director) Requesting Department - Public Works
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Division:
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Management and Budget
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Authorized By:
Timothy Jecks, Management & Budget Director
Contact/Phone Number:
Sara Carrick/407-665-7180
Background:
Public Works is requesting to close out and transfer funding of various projects within their capital delivery program.
The following projects are complete, and Public Works would like to return these funds to sales tax reserves:
- Oranole Rd Drainage (CIP#00191684)
- Mast Arm Conversion 17-92 (CIP#0205749)
- Alton Rd Stormwater Pond (CIP#01785434)
- SR46 Fiber Upgrade Ph1(CIP#01907040)
- Citrus/Highland Sidewalk (CIP#01907062)
- Grace Lake Outfall (CIP#02007096)
- Nolan Rd Drainage (CIP#02007104)
- East Lake Mary Blvd @ Skyway (CIP#02007159)
- Lake Mary Blvd Sun Drive (CIP#02107066)
- Narcissus Ave Roadway (CIP#02107077)
- SR415 @ Celery Ave (CIP#02207074)
- E. Lake Mary @ Ohio St Mast Arm (CIP#02007100)
- Brisson Ave Mast Arm (CIP#02207104)
- SR434 Adaptive Signals (CIP#02307074)
- Crane Strand Canal (CIP#01785488)
- Virginia Ave Sidewalk (CIP#01785257)
- Goldie Manor Sidewalk (CIP#01785260)
- Northwestern/Little Wekiva Bridge (CIP#01785283)
McCulloch Rd Median (CIP#02307083) - This project is in partnership with Orange County. It will be cancelled due to Orange County not having funding at this time.
Public Works would also like to partially un-fund the following projects where the funds are no longer needed:
- Dirt Road Paving (CIP#02007094) - leave $380K in the project for the remainder of the year.
- Nebraska Ave Bridge Project (CIP#02007102,02007157) - leave $1M in project. Received an HMGP resilient grant to help fund this project.
- Willow Ave - Alhambra Drainage (CIP#02007124,02007154) - this project will be primarily funded with a resilient grant so the sales tax portion of project can be partially unfunded.
- SR434 Safety Improvements (CIP#01785145) - Reduce 3.2M in sales tax funding for this project. FDOT will be funding this project for design.
- Airport Blvd 17-92 (CIP#01785450). FDOT will be constructing this project.
Public Works would like to provide sales tax funding for the following projects:
- Oxford Rd Project (CIP#015001) adding $742K in available 1st Generation Sales Tax Funds to this project.
- Smith Canal/Monroe Basin Project (CIP#02007111) - $100K needs to be added to this project for additional professional services due to an ongoing study which will require a Letter of Map Revision (LOMR).
- Sidewalk Repairs (CIP#01785479) - adding an additional $300K for sidewalk repairs to meet the demands on sidewalk repair orders through the end of the year.
- Local Roads Paving (CIP#02407075) - adding $646K in funds from reserves and other completed projects within the 2nd Generation Sales Tax Fund.
- NRCS-Ian Cost Share (CIP#02407064,02407106) transferring budget for this project from General Fund to Sales Tax Fund.
Requested Action:
Staff requests that the Board approve and authorize the Chairman to execute a Resolution implementing Budget Amendment Request (BAR) #24-060 through various countywide funds to transfer $13,871,327.41 to reserves related to close-outs and project adjustments of various sales tax projects.