HomeMy WebLinkAbout05/06/2015 C5 AGENDA BILL G
BREMERTON TRANSPORTATION BENEFIT DISTRICT
BOARD OF DIRECTORS
SUBJECT: Approval of Ordinance No 007 BOARD MEETING Date: May 6, 2015
amending Ordinance No 006 relating to the City Department: PW/Financial Services
budget for the Bremerton TBD for fiscal year Presenter: Martin/Johnson
2015 Phone: 473-5758/5296
SUMMARY: On October 15, 2014 the Transportation Benefit Board passed Ordinance No. 006
adopting the 2015 TBD Budget. The original budget anticipated completion of the Marine
Drive/Trenton Avenue grind and patch project and included both carryover and a cost estimate for
additional repair work identified during the initial phase of the project. Now that the 2014 books have
been closed and the contract change amount determined, it is necessary to adjust the budget to
reflect an increased fund balance carryover from 2014 and the associated increase to budgeted
expenditures.
ATTACHMENTS: Ordinance No 007
FISCAL IMPACTS (Include Budgeted Amount):
Ending fund balance for 2015 is decreased by $3,084.
RECOMMENDED MOTION:
Move to approve Ordinance No 007 of the Bremerton Transportation Benefit District Board amending
Ordinance No 006 relating to the budget for the Bremerton Transportation Benefit District for the
fiscal year 2015.
AGENDA: ❑Consent Agenda ❑Informational Briefing XBusiness ❑Public Hearing
BOARD ACTION: 4Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action
Form Updated 5/16/14