HomeMy WebLinkAboutH- 5 Staff Report increase in Foothill Transit Blanket PO 310781 lir
AZUSA.
CONSENT CALENDAR
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: PETE MACKAY, TRANSPORTATION MANAGER
VIA: RICKCOLE, CITY MANAGER /t-1
DATE: APRIL14, 2003
SUBJECT: REQUEST TO INCREASE IN FOOTHILL TRANSIT BLANKET P.O. 310781
BY $20,000 FOR A NEW TOTAL OF $117,000.00
RECOMMENDATION
It is recommended City Council approve an increase of $20,000 to Foothill Transit Blanket
P.O. 310781 for account no. 17-75-521-250-6626 for a new total of $117.000.00.
BACKGROUND
Blanket P.O. 310781 was issued in an amount of $97,000 to cover payments to Foothill
Transit for bus passes sold at the Transit Center. The estimated amount was based upon
previous sales at last year's pass prices. In February 2003, Foothill Transit imposed a fare
increase causing a funding deficit for the program. This action will allow the Transportation
Division to purchase and sell the originally anticipated number of bus passes.
FISCAL IMPACT
•
Funding for this increase will come from Proposition C bus pass sale revenue. This action will
require an administrative budget amendment increasing the Transportation Division's budget
authority by $20,000 and will be reported in the next Quarterly Budget Amendment Report to
City Council. There is no impact on the City's General Fund.