HomeMy WebLinkAbout55-16 RESOLUTION 55-16
RESOLUTION AMENDING THE FISCAL YEAR 2016-17 OPERATING BUDGET TO'
APPROPRIATE FISCAL YEAR 2015-16 CARRYOVER ENCUMBRANCES
WHEREAS,at the end of each fiscal year,outstanding encumbrances are reported as Reservations
of Fund Balances which requires appropriation in the subsequent year; and
WHEREAS, at the end of fiscal year 2015-16, the outstanding encumbrances by fund were as
followed:
Storm Drain Fund (045): $ 750,000
Street CIP Fund (046): $ 49,158
Sewer CIP Fund (048): $ 750,075
Internal Service Fund(061): $ 10,000
Total $ 1,559,233
WHEREAS, the appropriation of these encumbrances ensure that previously authorized funds are
available in the current year budget to cover the cost of uncompleted projects and.continuing
obligations; and
NOW THEREFORE,the City Council of the Town of Los Altos Hills hereby resolves to amend
the 2016-17 Operating and Capital Budget to appropriate 2015-16 carryover encumbrances as'
indicated in Attachment 1.
The above and foregoing Resolution was passed and adopted by the City Council of the Town of
Los Altos Hills at a regular meeting held on the 15th day of September, 2016 by the following
vote:
AYES: Harpootlian, Waldeck, Corrigan, Radford, Spreen
NOES: None
ABSTAIN: None
ABSENT: None
BY:
J hn Harpootlian, Mayor
ATTEST:
Deborah Padovan, City Clerk
Resolution 55-16 Page 1
Attachment 1
Project contran amount contract Amount Services Company Fund Protect# Spent Remaining contingeContingencyTotal Appropriation Award Dace
Approved
Barron Creek Restoration Barron Creek Restoration TBD 045-6900-6622 410208 $ 250,000.00 $ $ 250,000.00 TBD $ 250,000.00 NA
Matadero Creek Erosion Control Matadero Creek Erosion Control TBD 045-6900-6622 467209 $ 500,000.00 $ $ 500,000.00 TBD $ 500,000.00 NA
Miranda Path-Construction Phase Miranda path construction Redgwlck Construction 046-6900-6622 467218-6622 $ 155,633.50 $ 141,475.50 $ 14,158.00 $ 30,000.00 $ 44,158.00 1/27/2016
Bob Stutz(Magdalena)Path-Design Phase Magdalena path permits Various 046-6900-6622 467222 NA NA $ 5,000.00 $ 5,000.00 NA
2016 Sewer Repair and Replacement Project Sewer Repair and Replacement Express Plumbing 048-6900-6622 487912 $ 620,075.00 $ $ 620,075.00 $ 65,000.00 $ 685,075.00 5/19/2016
2016 Sewer Repair and Replacement Project Sewer Repair Inspection Services Freyer&Laureta,Inc. 048-6900-6622 487912 $ 65,000.00 $ $ 65,000.00 $ $ 65,000.00 5/19/2016
Council Chamber Carpet Replacement Council chamber carpet replacement TBD 061-1480-6612 1 NA $ 10,000.00 $ 10,000.00 NA $ 10,000.00 NA
$ 1,559,233.00
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