Title
Ordinance in the Amount of $734 Reducing Grant Budget for the Fiscal Year 2018 FTA Section 5339 Bus and Bus Facilities Grant
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Transportation
Council District: All
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Hanna Cockburn 373-2861
Contact 2 and Phone: Bruce Adams 412-6237
PURPOSE:
A budget ordinance is requested to reduce the local match associated with the Guilford County Transportation and Mobility Services (TAMS) portion of the Federal Transit Administration (FTA) Section 5339 Bus and Bus Facilities Grant.
BACKGROUND:
A portion of the 2018 Greensboro Urban Area award of Federal Transit Administration (FTA) Section 5339 Bus and Bus Facilities grant funds were allocated to Guilford County Transportation and Mobility Services (TAMS) in the amount of $53,891 for the purchase of (2) support vehicles. Guilford County did not utilize the full amount of funding for this project. This allows unused funds totaling $18,441 to be reallocated to support qualifying City projects.
Section 5339 grant funds require a local match that varies based on the type of qualifying project. The County project requires a local match of 20%. The City project requires a 15% match. The budget ordinance shows a reduction in the local match by $734 to reflect these changes.
BUDGET IMPACT:
The original funding for this grant is as follows:
$606,662 Federal
$ 30,182 State
$ 80,216 Local
$717,060 Total
The amended funding for this grant is as follows:
$606,662 Federal
$ 30,182 State
$ 79,482 Local
$716,326 Total
This change requires an increase in City funding totaling $3,254 to match the additional grant funds. These funds will come from 2016 bond fund account 481-4531-01.6567.
RECOMMENDATION / ACTION REQUESTED:
The Transportation Department recommends and requests that the City Council approve the attached budget ordinance decreasing the grant budget.