Fiscal Note
General Obligation Debt |
$0 |
Other Funding |
$(100,000) |
Total |
$(100,000) |
Levy Impact: |
$0 |
Title
CAPITAL BUDGET AMENDMENT # 1 - Library / No. 1 - New South Madison Branch Library; Facilities Management / No. 2 - Energy Efficiency Improvements; Facilities Management / No. 17 - ARRA-Energy Efficiency Grant; p. 8, 45, 47
Body
Library Project No. 1 - New South Madison Branch Library: eliminate the $100,000 of budgeted Other Funding, eliminate the narrative reference to federal stimulus program funding, and add language that says "An additional $100,000 of energy efficient lighting, budgeted separately in Facilities Management Project No. 2 - Energy Efficiency Improvements, will be incorporated into this Library construction project."
Facilities Management Project No. 2 - Energy Efficiency Improvements: modify the narrative to add $100,000 for energy efficient lighting at the New South Madison Branch Library to the list of projects for 2010.
Facilities Management Project No. 17 - ARRA Energy Efficiency Grant: eliminate the narrative reference to lighting at the new South Madison Branch Library.
The effect of this amendment is to change the source of funding for $100,000 of energy efficient lighting in the new South Madison Branch Library from federal stimulus funding to G.O. borrowing already included in Facilities Management Project No. 2 and to correct the total amount of budgeted ARRA grant funds to the anticipated level of $1,000,000 ($100,000 was previously double-counted). $100,000 in stimulus funds will be used instead for other specific lighting projects budgeted in Facilities Management.