Adopt Four Appropriation Ordinances Increasing Appropriations in the Collective Amount of $3,831,664.09 and Receipts in the Collective Amount of $187,691.30 in Various Funds to Facilitate Balancing and Closeout of Legacy Transportation Projects (ALL COUNCIL DISTRICTS )

It is recommended that the City Council:

1.  Adopt the attached ordinance increasing appropriations in the amount of $3,681,923.77 and receipts in the amount of $502.40 in the Street Improvements Fund (39403);

2.  Adopt the attached ordinance increasing appropriations in the amount of $42,741.08 and receipts in the amount of $41,602.95 in the Street Improvements 2008 Fund (39407);

3.  Adopt the attached ordinance increasing appropriations in the amount of $103,433.31 and receipts in the amount of $103,433.31 in the Street Rehabilitation Fund (39408); and

4.  Adopt the attached ordinance increasing appropriations in the amount of $3,565.93 and receipts in the amount of $42,152.64 in the Street Improvements Close Fund (39409).

The purpose of this Mayor and Council Communication (M&C) is to take actions associated with reconciling, balancing, and closing completed projects from four Transportation and Public Works funds; Street Improvements (39403), Street Improvements 2008 (39407), Street Rehabilitation (39408), and Street Improvements Close (39409) Funds. A fund level summary of the corrections needed follows:

		Corrections needed for closeout:
Fund Number	Fund Name	Appropriations	Receipts/Revenue Actuals
39403	Street Improvements	$3,681,923.77	$502.40
39407	Street Improvements 2008	$42,741.08	$41,602.95
39408	Street Rehabilitation	$103,433.31	$103,433.31
39409	Street Improvements Close	$3,565.93	$42,152.64
	Totals	$3,831,664.09	$187,691.30

This action reflects to on-going effort since go-live of PeopleSoft to restructure and reconcile old capital projects.  This action does not require the addition of  new funds; rather it ensures that receipts and appropriations are properly recorded so the funds may be closed.

Attachment - A provides a project level summary of the corrections needed to balance and close these projects.

This M&C does not request approval of a contract with a business entity.