Title
Body
MEMORANDUM
TO: Board of Supervisors
FROM: Scott De Leon, Public Works Director
DATE: April 23, 2019
SUBJECT: Adopt Resolution to Establish a list of Projects Proposed to be Funded in FY 2019/2020 Pursuant to the Road Repair and Accountability Act of 2017 (SB1)
EXECUTIVE SUMMARY:
The Road Repair and Accountability Act of 2017 (SB1) provides additional funding for basic road maintenance and rehabilitation. On-half of the funding generated from SB1 is allocated to cities and counties with the remaining 50% being retained by the State. For FY 2019/2020 Lake County is expected to receive approximately $2,500,000 which has been appropriated in the FY 2019/20 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 Resolution to Establish a list of Projects Proposed to be Funded in FY 2019/2020 Pursuant to the Road Repair and Accountability Act of 2017 (SB1).