HomeMy WebLinkAboutF-4 First Amendment to the Capital Improvements Project (CIP) Budget 2001-2005 WW
14ZUSAi
AGENDA ITEM
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: ROBERT K. PERSON, ASSISTANT CITY MANAGER ,'"`Y'="
VIA: RICK COLE, CITY MANAGER,
DATE: MARCH 20, 2001
SUBJECT: FIRST AMENDMENT TO THE CAPITAL IMPROVEMENTS PROJECT (CIP) BUDGET
2001-2005
RECOMMENDATION
It is recommended that the City Council adopt the first amendment to the Capital
Improvements Project (CIP) Budget 2001-2005 to fund projects in the Water, Circulation and
Public Works elements of the CI P budget.
BACKGRO U N D
In January, 2001 the City Council adopted the 2001-2005 Capital Improvements Project (CIP)
budget which funded $11 ,719,529 in capital projects. Since that time, additional funding and
projects have been identified which need to be incorporated into the CIP. Below are
descriptions of those projects:
Participation in Los Angeles County Street Resurfacing Project to Include Galanto Avenue and
Gladstone Street: City Council approved participation in this project on February 20, 2001
without appropriating the funding. The cost of this project is $14,400 and will be funded
from savings in last year's Capital Improvement Program Budget - Citywide Concrete
Improvements. That project, which was funded with $100,000 of General Fund revenue, was
completed at a total cost of $46,000. Staff is proposing that $14,400 of those savings be
appropriated to fund this project. This will increase expenditures in the 2001 Circulation
Element from $2,010,400 to $2,024,800. This increase is funded with General Fund 2000
carryover revenue.
Public Works Vehicle Replacement: City Council approved $75,000 for vehicle replacements
in 2001. This action will add $40,000 that was approved in the FY2000 CIP but not carried
over to the FY2001 CIP. The carryover funding is to complete the purchase of a paint truck
estimated to be $80,000. There is no change in the number or type of vehicles being
agali 34/7
proposed. All proposed vehicle purchases were presented to City Council on February 5,
2000. This action increases the estimated cost of the paint truck from $40,000 to $80,000.
This will increase expenditures in the 2001 Public Works Element from $628,845 to
$668,845. This increase is funded with General Fund 2000 carryover revenue.
Addition of Various Water Element Projects:
3,000 linear feet of 20" and 16" pipe to Mountain Cove Reservoir $473,000
Phase I Heck Pump Station 375,000
Upgrade Discharges Wells #2 and #3 560,000
Total $ 1,408,000
Reduction of Vehicle Purchase Line Item - $50,000
Net Increase to Budget $ 1,358,000
The three projects listed above should have been included in the CIP approved by City Council
in January but were not. This action approves this additional $1,408,000 in expenditures.
The Light and Water Department is also requesting that the line item for the purchase of
vehicles be reduced from $150,000 to $105,000. The number of vehicles proposed to be
purchased remains the same, the cost estimate is simply lower. These actions will increase
expenditures in the 2001 Water Element from $4,220,000 to $5,578,000. This increase is
funded with Water Fund balance.
FISCAL IMPACT
This action will increase the total 2001 CIP from $1 1 ,719,529 to $13,131,929. The increase
of $1,412,400 will be funded through $1,358,000 in water revenue and $54,400 in general
fund revenue.