Title
Capital Project Ordinance in the Amount of $3,700,000 Amending the Streets and Sidewalks Capital Projects Fund
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Budget & Evaluation
Council District: All
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Larry Davis, 373-2291
Contact 2 and Phone: Jon Decker, 373-4181
PURPOSE:
The attached ordinance serves to adopt the FY 19-20 capital project budget for the City of Greensboro for FY 19-20 capital projects funds. A budget amendment needs to be approved by City Council to establish this budget.
BACKGROUND:
The following agenda item is associated with the adoption of the FY 19-20 Annual Budget. This ordinance reflects any changes discussed with Council during budget work sessions and include the following:
Capital project ordinance amending the Street and Sidewalks Capital Projects Fund.
BUDGET IMPACT:
The capital project budget reflects the revenue amounts expected during FY 19-20 for the fund and may be amended during the year if necessary due to changes in the actual receipts.
RECOMMENDATION / ACTION REQUESTED:
It is requested and recommended that the City Council adopt the attached budget ordinance adopting the annual budget for FY 19-20.