Vote: approved

Item Text

21. BUDGET ADJUSTMENT FOR FISCAL YEAR 2012-2013 TRANSPORTATION IMPROVEMENT PROGRAM Pursuant to A.R.S. §42-17106 (B), approve an amendment to the current FY2013-2017 five-year Transportation Improvement Program (TIP) in the Department of Transportation (640) Transportation Capital Projects Fund (234), Year 1 (FY2012-2013) by decreasing the capital expenditure budgets for the following projects for a total of $8,877,339: Project Transportation Administration (TADM) capital budget by $4,071,000; Project Bridge Preservation (BRIG) Capital budget by $1,345,000; Project MAG ALCP Projects (ALCP) capital budget by $1,576,839; Project Safety Projects (SAFE) capital budget by $1,079,000; Project Traffic Improvements (TIMP) capital budget by $605,500; Project Right-of-way (RWAY) capital budget by $100,000; and Project Transportation Planning (TPLN) capital budget by $100,000. And, adjusting the following projects by increasing the FY2012-2013 (Year 1) capital expenditure budget for a total of $8,877,339: Project Pavement Preservation (PAVE) capital budget by $2,039,000; Project County Arterials (ARTS) capital budget by $2,502,500; Project Dust Mitigation (DMIT) capital budget by $2,340,050; Project Intelligent Transportation System (INTL) capital budget by $1,171,000; And the Project Partnership Support (PSUP) capital budget by $824,789; The requested adjustment is necessary to realign project budgets to provide funding for the sub-projects added to the TIP and to more closely match the year-end projected expenditure amount. These adjustments result in a net impact of zero and do not change the duly adopted budget as approved by the Board of Supervisors. Supervisor Districts No. 1, 2, 3, 4, and 5 (C-64-13-060-M-00)