Broward County Commission Regular Meeting


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AI-23799 21.       
Meeting Date: 02/07/2017  
Director's Name: Chris Walton
Department: Transportation Division: Transit

Information
Requested Action
MOTION TO ADOPT budget Resolution No. 2017-026 transferring within the Fiscal Year 2012 Transit Capital Grant Fund in the total amount of $1,000,000 for the purpose of reallocating funds for the purchase of replacement vehicles previously leased under the county's Pilot Vehicle Leasing Program.

ACTION:  (T-10:26 AM)  Approved.

VOTE:  8-0.  Vice Mayor Furr was not present.
Why Action is Necessary

Board of County Commissioners’ approval is required to increase a capital project budget over 5%.

What Action Accomplishes
Amends the budget within the 2012 Transit Capital Grant Fund to provide funding for the purchase of replacement transit support vehicles.
Is this Action Goal Related
Previous Action Taken

April 2, 2013, Item 4.

Summary Explanation/Background
THE TRANSPORTATION DEPARTMENT/TRANSIT DIVISION AND THE OFFICE OF MANAGEMENT AND BUDGET RECOMMEND APPROVAL OF THE ABOVE MOTION.

The Transit Division (BCT) receives annual formula grants from the Federal Transit Administration (FTA) for transit capital assistance which ranging between approximately $22M and $25M per year. For formal compliance with the County processes, staff is requesting approval to amend the budgets within the Transit Capital Grant Funds for Fiscal Year 2012 for the purchase of replacement transit support vehicles (sedans and vans) currently being leased under the pilot lease program. The vehicle leases will begin expiring mid June 2017.

This budget transfer will also allow staff to expedite the use of older FTA grants for active projects, a grant management policy that the FTA has supported and encouraged. Upon approval, a budget transfer request will be submitted to the FTA through its internet-based electronic grant management system.
Source of Additional Information
Chris Walton, Director, Transportation Department, (954) 357-8451

Fiscal Impact
Fiscal Impact/Cost Summary:
Transfers $1,000,000 within the Transit Division's Fiscal Year 2012 Capital Grant Fund.
Attachments
Exhibit 1 - Budget Resolution


    

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