Title
Ordinance in the Amount of $138,702 Amending the GTA Grant Fund Budget for the FY2016 FTA Congestion Mitigation Air Quality Grant
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Transportation
Council District: Citywide
Public Hearing: NA
Advertising Date/By: NA
Contact 1 and Phone: Hanna Cockburn 373-2861
Contact 2 and Phone: Bruce Adams 412-6237
PURPOSE:
A budget ordinance is needed to add additional matching local funds to the Federal Fiscal Year (FFY) 2016 FTA Congestion Mitigation Air Quality program grant.
BACKGROUND:
On September 19, 2017, the Greensboro City Council approved a budget ordinance establishing FY2016 FTA Congestion Mitigation Air Quality Grant funding. The City received funding in the amount of $1,793,404 from the Federal Transit Administration (FTA) to support eligible expenses. The City applied FTA's portion of previously disposed property towards this grant which reduced the federal share to $838,844. FTA later advised that additional funding in the amount of $954,860 was available to be added to this grant. City Council approved the ordinance adding the additional federal funds on June 18, 2019, without the appropriation of a corresponding local match. Local funds in the amount of $168,452 are needed to match the federal proceeds from the disposition of former GTA property to meet the full 15% match requirement of the awarded grant.
This grant was used to purchase six (6) replacement 40-foot clean diesel buses.
BUDGET IMPACT:
Additional local funds in the amount of $168,452 will be added to GTA grant account 567-4515-01.6051. This funding will come from the following accounts:
$69,674 Transportation Bond Account 481-4531-01
$69,028 GTA Grant Fund Account 567-4599-01
$138,702
$29,750 GTA Grant Fund Account 567-4524-02 (Budget Adjustment; Not part of ordinance)
$168,452 TOTAL
Budget adjustments are required to move funds to the correct account....
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