Title
Quarterly Capital Adjustments and Project Closures
Recommended Action
That the Board of Commissioners:
1. Approves budget revisions to several Capital Improvement Funds to close completed projects with remaining budget capacity as described below. Unexpended budget will be moved to project savings and reallocated for use in future capital projects through the capital budget development process or re-invested in current projects facing cost escalations; and
2. Approves a technical correction to decrease the revenue and expense appropriation by $5,843.62 in the Future Open Space project in the Greenways, Recreation & Open Space (PGROS) Capital Element.