HomeMy WebLinkAboutH- 5 Staff Report Blanket PO increase Foothill Transit
CONSENT CALENDAR
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: PETE MACKAY, TRANSPORTATION MANAGER
VIA: RICKCOLE, CITY MANAGER
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.