Vote — approved

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

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

Item Text

56. BUDGET ADJUSTMENT FOR FISCAL YEAR 2024-2028 TRANSPORTATION IMPROVEMENT PROGRAM Pursuant to A.R.S. 42-17106(B), approve the following budget adjustments to Year 1 (FY 2024) of the FY 2024 – FY 2028 five-year Transportation Improvement Program: 1. Reduce the expenditure budget in the Transportation (D640) Transportation Capital Project Fund (234) Maricopa Association of Government’s Arterial Life Cycle Program (ALCP) project by $4,000,000. 2. Reduce the expenditure budget in the Transportation (D640) Transportation Capital Project Fund (234) Capacity (CAPY) project by $2,000,000. 3. Reduce the expenditure budget in the Transportation (D640) Transportation Capital Project Fund (234) System Preservation and Reconstruction (SPAR) project by $2,000,000. 4. Increase the expenditure budget in the Transportation (D640) Transportation Capital Project Fund (234) Dust Mitigation (DMIT) project by $8,000,000. The requested adjustment is necessary to realign project budgets to provide funding to more closely match the year-end projected expenditure amounts. These actions will have a county-wide net impact of zero and they do not alter the budget constraining the expenditures of local revenue duly adopted by the Board pursuant to A.R.S. 42-17105. Supervisory District No. 1, 2, 3, 4 & 5 (C-64-24-208-X-00)

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