Vote — approved

Clint Hickman	yes
Jack Sellers	yes
Thomas Galvin	yes
Bill Gates	yes
Steve Gallardo	yes

Ayes: Clint Hickman, Jack Sellers, Thomas Galvin, Bill Gates, Steve Gallardo

Item Text

48. BUDGET ADJUSTMENT FOR FISCAL YEAR 2022-2023 TRANSPORTATION IMPROVEMENT PROGRAM Approve an adjustment to the Department of Transportation (D640) FY2023 – 2027 five-year Transportation Improvement Program (Fund 234), Year 1 (FY 2022-2023) by decreasing the capital expenditure budget for the Maricopa Association of Government’s Arterial Life Cycle Program (ALCP) Project by $11,000,000 and increasing the System Preservation and Reconstruction (SPAR) Project by $6,000,000 and the Transportation System Management (TMAN) Project by $5,000,000. For fiscal year 2022-2023 the Board of Supervisors approved the Department of Transportation capital budget of $129,736,700 with the condition that any movement of budget funds between projects must be approved by the Board. The requested adjustment is necessary to realign project budgets to provide funding to more closely match the year-end projected expenditure amounts . These adjustments result in a net impact of zero and do not change the duly adopted budget as approved by the Board of Supervisors. Supervisory District No. 1, 2, 3, 4 & 5 (C-64-23-296-X-00)

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