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Home My WebLink AboutCommunity Development Linder Road Overpass Strategic Initiative Grant BA 4/25/2024 2:58 PM City of Meridian FY2024 Budget Amendment Form Personnel Costs Full Time Equivalent(FTE): Fund# Dept.# G/L# Proj.# G/L#Description Total f IDIAN% 01 1840 41200 11263.a Wages 01 1840 41206 11263.a PT/Seasonal Wages 01 1840 41210 11263.a Overtime Please only complete the fields 01 1840 41304 11263.a Uniform Allowance - ----------------- 01 1840 42021 11263.a FICA $ Amendment Details 01 1840 42022 11263.a PERSI $ Title: Linder Road Overpass Strategic Initiative Grant 01 1840 42024 11263.a Worker's Comp $ Department Name: Other Government 01 1840 42025 11263.a Employee Insurance $ Presenting Department Name: Community Development Total Personnel Costs $ Department#: 1840 Operating Expenditures Primary Funding Source: 1 Fund# Dept.# G/L# Proj.# G/L#Description One-Time On-Going Total CIP#: 01 1840 53802 11263.a $ 4,305,389 $ 4,305,389 Project#: 11263.a 01 1840 11263.a $ - 01 1840 11263.a $ Is this for an Emergency? ❑ Yes [21 No 01 1840 11263.a $ New Level of Service? ❑ Yes 21 No 01 1840 11263.a $ 01 1840 11263.a $ Clerks Office Stamp 01 1840 11263.a $ 01 1840 11263.a $ 01 1840 11263.a $ 01 1840 11263.a $ 01 1840 11263.a $ 01 1840 11263.a $ 01 1840 11263.a $ 6-4-2024 Total Operating Expenditures $ 4,305,389 $ $ 4,305,389 Capital Outlay _- ------___._-- Fund# Dept.# G/L# Proj.# G/L#Description Total ow gem Date 01 1840 11263.a 01 1840 11263.a �(/Z 01 1840 11263.a Department Die or 01 1840 11263.a REVIEWED jfields 4.26.24 01 1840 11263.a By Todd Lavoie at 8:24 am,Apr 26,2024 01 1840 11263.a Chief Financial Officer Total Capital Outlay $ - Revenue/Donations Approved John Overton via email 4.26.24 Fund# Dept.# G/L# Proj.# G/L#Description Total Council _iais�`�n�J��l/� 01 1840 33100 11263.a Grant revenue from ITD $ 4,305,389 ,` ! C% 01 1840 11263.a 4-29-24 01 1840 1 11263.a Mayor Total Revenue/Donations $ 4,305,389 Total Amendment Request $ 0 City of Meridian FY2024 Budget Amendment Form C:\Users\bfreckleton\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\TAPPTIOL\FY2024 Budget Amendment Form_OG_Linder_Rd 4/25/2024 2:58 PM City of Meridian FY2024 Budget Amendment Form Total Amendment Cost-Lifetime Prior Year(s) Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Department Name: Other Government Funding 2024 2025 2026 2027 2028 Title: Linder Road Overpass Strategic Initiative Grant Personnel $ - $ - $ - $ - $ - Instructions for Submitting Budget Amendments-- Operating $ 4,305,389 $ - $ - $ - $ - >Department will send Amendment with Directors signature to Finance(Budget Manager)for review Capital $ - >Finance will send Amendmentto Council Llalson for signature Total $ - $ 4,305,389 $ - $ - $ - $ - >Council Liaison will send signed Amendment to Mayor Evaluation Questions Total Estimated Project Cost: $ 4,305,389 >Mayorwill send signed Amendment to Finance(Budget Manager) >Finance(Budget Manager)will send approved copy of Amendment to Department Please answer all Evaluation Questions using the financial data referenced above. >Department will add copy of Amendment to Council Agenda using Municode Agenda Manager 1. Describe what Is being requested? - The City applied to the State for grant funds to help with offsetting costs of construction of the Linder Road Overpass project.The City was awared funds from ITD.These funds will be transferred to ACHD to complete the project. 2. Why was this budget request not submitted during the current fiscal year budget cycle? The grant was awared off-cycle for the budget,in early CY24. 3.-What is the explanation,_for_not.submitting this,bud.eet,reauest durine,the„next„fiscal-vear budget cvcle?�„_ ITD wants the funds spent ASAP. 4.Describe the proposed method of funding? If funding is split between Funds(i.e. General,Enterprise,Grant),please include the percentage split. List the amounts and The City is receiving money/funding;staff is not seeking additional funding at this time.ACHD and ITD will also be contributing dollars to make the project whole.The entire project cost is estimated at$27M. S.Does this request align with the De artment/Cit 's strategic Ian? If not,please explain how this request was not included in the De a rtment/City strategic Ian? Yes.Under the Transportation&Infrastructure Focus Area,the Goal states""Advance construction of transportation projects on priority arterial roadways to reduce commute } tiems and improve efficient movement within and about Meridian."Further,one of the tactics is to"Advance Linder Road overpass by applying funding options..." l 6. Does this request require resources to be provided by other departments? If yes,please describe the necessary resources to be provided by other departments. Except in-kind resources,staff time,no. 7.Does this Amendment include any needed E ui ment or Software that will utilize the Cit 's network? Yes or No L10 r 8.Is the amendment going to result in the disposal of an asset? Yes or No No 1 9.Any additional,comments? City received the$4.3m on 4/22/24.CR24-1104 i Total Amendment Request $ 0 Every effort should be made to avoid reopening the budget for an amendment. Departments will need to provide backup and appear before the City Council to justify budget amendments. Budget amendments are intended for emergency or mandatory changes to the original balanced budget. Changes to the original balanced budget may cause a funding shortfall. City of Meridian FY2024 Budget Amendment Form C:\Users\bfreckleton\AppData\Local\Microsoft\Windows\INetCache\Content.Outlook\TAPPTIOL\FY2024 Budget Amendment Form_OG_Linder Rd