Fiscal Note
In 2024, the City Traffic Engineering Division was awarded two federally-funded grants though the Carbon Reduction Program (CRP) for Traffic Signal Controller and LED Traffic Signal projects. The grant is administered by the State of Wisconsin Department of Transportation and requires a 20% local match to federal funding. Legistar File 83918 authorized approval of the grant agreements for the awards.
|
Project ID# |
Project Name |
Fed Award |
City Share |
City Project |
|
5992-11-38 |
Traffic Signal Cont |
$4,195,200.00 |
$1,048,800 |
15372 |
|
5992-11-39 |
LED Traffic Signal |
$706,800.00 |
$176,700 |
15373 |
|
Total |
|
$4,902,000 |
$1,225,500 |
|
Traffic Engineering originally planned to distribute the grant award evenly across five (5) years, from 2024 - 2028. Legistar File 84378 amended Traffic Engineering’s 2024 Capital Budget to recognize a portion of federal funding ($980,400), with the agency covering the local match ($245,100) with existing budget authority. The 2025 Adopted Capital Budget included an appropriation of $980,400 in federal funding and $245,100 in GO Borrowing for 2025, and projected that level of funding for each year from 2026 - 2028 in the CIP.
The proposed resolution would amend the 2025 budget to appropriate the remaining federal funding ($2,941,200) and local match ($735,300) planned for 2026 - 2028 in 2025. This would allow Traffic Engineering to rapidly spend down the award while funding is available through the Wisconsin DOT. The local match will not be expended if federal funds cannot be accessed.
Project ID # 5992-11-38:
Additional City Share (GO Borrowing): $629,280
Additional Federal Funding: $2,517,120
Total: $3,146,400
Project ID # 5992-11-39:
Additional City Share (GO Borrowing): $106,020
Additional Federal Funding: $424,080
Total: $530,100
Title
Amending Traffic Engineering’s 2025 Capital Budget to appropriate additional funding in 2025 relating to the City Share and federal share for two Carbon Reduction Program (CRP) Grants for Traffic Signal Controller and LED Traffic Signal projects that were originally budgeted in the Agency’s Capital Improvement Plan (CIP) for years from 2026 to 2028.
Body
WHEREAS, in 2024, the City Traffic Engineering Division was awarded two federally-funded grants though the Carbon Reduction Program (CRP) for Traffic Signal Controller and LED Traffic Signal projects; and
WHEREAS, funding for these projects was included in Traffic Engineering’s 2024 and 2025 Capital Improvement Plans (CIP) spreading over a five-year period from 2024 to 2028; and
WHEREAS, both grants require a 20% local match, funded by general obligation (GO) borrowing; and,
WHEREAS, despite the Agency having fully-executed contracts for these grants, there are concerns whether federal funds will be available in the future; and
WHEREAS, it’s in the City’s best interest to expedite the projects so that the City can apply the awarded federal grants in these important projects of modernizing and upgrading the City’s traffic control infrastructure;
NOW, THEREFORE, BE IT HEREBY RESOLVED, that Traffic Engineering’s 2025 Capital Budget is amended to appropriate an additional $735,300 in GO Borrowing to reflect the City share and appropriate the remaining federal share ($2,941,178) of these two Carbon Reduction Program grants previously budgeted for 2026 to 2028 in the Agency’s Capital Improvement Plan; and
BE IT FURTHER RESOLVED, that in the event that federal funds can no longer be accessed, the corresponding local match funds shall not be spent.