Title
Body
MEMORANDUM
TO: Board of Supervisors
FROM: Scott DeLeon, Public Works Director
DATE: May 15, 2018
SUBJECT: Adopt Resolution to Establish a list of Projects Proposed to be Funded in FY 2018/19 Pursuant to the Road Repair and Accountability Act of 2017 (SB1) and Authorize the Chair to Sign.
EXECUTIVE SUMMARY:
The Road Repair and Accountability Act of 2017 (SB1) provides additional funding for basic road maintenance and rehabilitation. One-half of the funding generated from SB1 is allocated to cities and counties with the remaining 50% being retained by the State. For FY 2018-19, Lake County is expected to receive approximately $1,800,000, which has been appropriated in the FY 2018/19 adopted budget.
Although the adopted budget reflects this revenue estimate, actual receipt of this funding is subject to the State’s approval of a proposed project list that has been formally established pursuant to a Board adopted Resolution. The Resolution establishes the required project list.
FISCAL IMPACT: _X_ None __Budgeted __Non-Budgeted
Estimated Cost:
Amount Budgeted:
Additional Requested:
Annual Cost (if planned for future years):
FISCAL IMPACT (Narrative):
The additional revenue from SB1 is already reflected in the Adopted Budget.
STAFFING IMPACT (if applicable):
None
Recommended Action
RECOMMENDED ACTION:
Adopt the Resolution establishing a list of projects proposed to be funded in fy 2018/19 pursuant to the Road Repair and Accountability Act of 2017 (SB1) and authorize the Chair to sign.