HomeMy WebLinkAbout1996-02-13 - AGENDA REPORTS - APPROPRIATION FUNDS BUS STOP (2)AGENDA REPORT
CONSENT CALENDAR
DATE: February 13, 1996
City Manager Approv
Item to be presented
Lynn M. Harris
SUBJECT: APPROPRIATION OF FUNDS FOR BUS STOP DISPLAY UNIT PROJECT
DEPARTMENT; Public Works
BACKGROUND
In July of 1995, the Transit Division was awarded a grant by the Air Quality Management District
(AQMD) in the amount of $30, 000 in AB 2766 funding to complete a bus stop display unit project.
Under the Transit Division's agreement with the AQMD, the grant will off -set 85% of the total
project cost while the City will fund an additional 15% of the total project cost, or $4,500, with
Proposition A Local Return funds. These additional revenues and expenditures were not anticipated
in the Fiscal Year 1995-1996 budget.
At this time, the Transit Division wishes to begin expending the funds for the purchase of 150 bus
stop display units to be placed on various bus routes within the City. The total cost of the units is
$17,772. The remainder of the grant funds, $12,228, will be expended during this fiscal year, for the
design, printing, and installation of the information panels to be displayed in the transit information
display holders.
RECOMMENDATION
Appropriate an additional $34,500 to Expenditure Account No. 55-7000-243 and approve budget
adjustment as shown below:
Expenditure
Transfers In
Estimated Revenue
Transfers Out
Transfers Out
ATTACHMENT
Photo of display unit.
55-7000-243
55-2380
15-3557
15-3557
18-3575
11 glDNM\PMTRANSIMGENDNBDUAGNDAnM
I A I I
®r In IVE
$34,500
$34,500
$30,000
$30,000
$4,500
Agenda
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