City of Madison - File #: 51018

• File #: 51018
• Version: 2
• Name: SUBSTITUTE Amending the 2018 Stormwater Utility Capital Budget to transfer $600,000 $740,000 in existing budget authority from the Starkweather Creek Coagulant Treatment project and $200,000 from the Storm Sewer System Improvements project to the Pavement
• Type: Resolution
• Status: Passed
• File created: 3/28/2018
• In control: FINANCE COMMITTEE
• On agenda: 5/15/2018
• Final action: 5/15/2018
• Enactment date: 5/21/2018
• Enactment #: RES-18-00383
• Title: SUBSTITUTE Amending the 2018 Stormwater Utility Capital Budget to transfer $600,000 $740,000 in existing budget authority from the Starkweather Creek Coagulant Treatment project and $200,000 from the Storm Sewer System Improvements project to the Pavement Management, Reconstruction Streets, and Darbo/Webb Street Reconstruction projects to provide adequate funding for those projects to continue to bid and construction.
• Sponsors: Mark Clear, Marsha A. Rummel

Date	Ver.	Action By	Action	Result
5/15/2018	2	COMMON COUNCIL	Adopt - 15 Votes Required	Pass
5/7/2018	2	FINANCE COMMITTEE	RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER	Pass
5/2/2018	2	BOARD OF PUBLIC WORKS	Return to Lead with the Recommendation for Approval	Pass
4/18/2018	1	BOARD OF PUBLIC WORKS	Refer	Pass
4/10/2018	1	FINANCE COMMITTEE	Referred
4/10/2018	1	COMMON COUNCIL	Refer	Pass
3/28/2018	1	Engineering Division	Referred for Introduction

Fiscal Note
The proposed resolution authorizes transferring $940,000 of existing appropriation across projects within the Stormwater & Major Streets capital budgets. The transfer is necessary based on anticipated project costs for the strormwater components of Reconstruct Streets ($50k) and Pavement Management ($740k) along with the Darbo Webb project ($50k).

These increases will be offset by decreasing the budget for Strarkweather Coagulant Treatment ($740k) and Storm Sewer System Improvements ($200k).

See below for the increases and reductions by funding source:

Project Funding Source Change
Starkweather Coagulant GO Borrowing -$540k
Starkweather Coagulant Reserves -$200k
Storm Sewer Improvements GO Borrowing -$200k
Reconstruct Streets GO Borrowing $50k
Pavement Management GO Borrowing $540k
Pavement Management Reserves $100k
Darbo Webb GO Borrowing $50k
Net Impact $0

Title
SUBSTITUTE Amending the 2018 Stormwater Utility Capital Budget to transfer $600,000 $740,000 in existing budget authority from the Starkweather Creek Coagulant Treatment project and $200,000 from the Storm Sewer System Improvements project to the Pavement Management, Reconstruction Streets, and Darbo/Webb Street Reconstruction projects to provide adequate funding for those projects to continue to bid and construction.
Body
WHEREAS, the Adopted 2018 Stormwater Utility Capital Budget has $300,000.00 of Stormwater Reserves and $740,000 of Stormwater GO borrowing budget authority available in account 10368 (Starkweather Creek Coagulant Treatment); and

WHEREAS, it is not clear that this project will proceed to land acquisition stage this year; and

WHEREAS, there are three (3) street reconstruction projects that are currently ready to be bid and constructed in 2018 that have a shortfall of funds for storm sewer construction; and

WHEREAS, at the time of 2018 budgeting, it was intended to use of a portion of the funds in the Storm Sewer System Improvements (project 11813) to fu...