Fiscal Note
The proposed resolution amends Traffic Engineering’s 2024 Adopted Capital Budget to appropriate $177,584 in federal funds within the Traffic Safety Infrastructure capital program. These funds are additional funding through the Wisconsin Department of Transportation FFY 2024 federal redistribution. The grant requires a 20% local match, which will be funded from existing appropriation from the Traffic Safety Infrastructure capital program. No additional local appropriation is required.
Title
Amending the 2024 Adopted Capital Budget for Traffic Engineering - Traffic Safety Infrastructure to accept a $177,584 grant from the Wisconsin Department of Transportation, and authorizing the Mayor and City Clerk to execute the updated agreement, Project I.D. 5992-22-12 Safe Routes to School Plan.
Body
Federal redistribution is an annual process that occurs in August that affords a state an opportunity to request additional federal funds above their annual initial obligation limit. FFY 2024 is expected to have $206 million available for WisDOT to request, a historic amount of redistribution funds. To obligate these funds, states must have projects eligible for the federal programs and WisDOT requested municipal partners to collaborate and develop eligible projects that would meet federal project readiness requirements.
The City of Madison endeavors to provide its citizens with a robust, sustainable, safe, multi-modal transportation system. The City has made major investments in bicycling, walking, and safe routes to school and this priority is reflected in current budgets.
WHEREAS, the City of Madison Safe Routes to School Plan project meets FFY 2024 Redistribution Transportation Alternatives Program (TAP) federal and state requirements, and
WHEREAS, The City needs to enter into a revised project agreement with the Wisconsin Department of Transportation that updates the estimated costs for the total project based on additional work items to include 18 addi...
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