HomeMy WebLinkAbout28227-01-2026 - City Council - OrdinanceUnappropriated State
Costs
$0.00 $3,058.00 $0.00 $3,058.00
31001 -Grants Cap
Projects Federal Fund -
Federal Participation
31002 - Grants Capital
Project State Fund - State
Participation
Project Total:
$681,040.00 $0.00 $0.00 $681,040.00
$0.00 $131,173.00 $0.00
$681,040.00 $134,231.00 $99,760.00
The table below summarizes the total funding for the project:
Fund Existing Additional Project
Funding Funding Funding Total
34027 - 2022 Bond
Program Fund $99.760.00 $0.00 $99,760.00
31001 -Grants Cap
Projects Federal Fund $0.00 $681,040.00 $681,040.00
31002 -Grants Capital
Project State Fund $0.00 $131,173.00 $131,173.00
Project Total $99,760.00 $812,213.00 $911,973.00
$131,173.00
$915,031.00
This project is included in the 2022 Bond Program. The City's Extendable Commercial Paper (ECP) (M&C 22-0607; Ordinance 25675-08-2022)
provides liquidity to support the appropriation. Available resources will be used to actually make any interim progress payments until debt is
issued. Once debt associated with a project is sold, debt proceeds will reimburse the interim financing source in accordance with the statement
expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance 25515-05-2022).
Funding for the grant portion of the project was not included in the Fiscal Years 2026-2030 Capital Improvement Program because grant funding is
appropriated at the time of the grant award. The action in the M&C will amend the Fiscal Years 2026-2030 Capital Improvement Program as
approved in connection with Ordinance 27979-09-2025.
This project is located in COUNCIL DISTRICT 2.
A Form 1295 is not required because: This contract will be with a governmental entity, state agency or public institution of higher education: Texas
Department of Transportation
FISCAL INFORMATION / CERTIFICATION:
The Director of Finance certifies that funds are currently available in the Traffic Signals project within the 2022 Bond Program Fund and upon
approval of the above recommendations and adoption of the attached appropriation ordinances, funds will be available in the Grants Cap Projects
Federal Fund, Grants Capital Project State Fund, and 2022 Bond Program Fund for the SH 183 (Ephriham Ave) & 24th project to support the
execution of the Advance Funding Agreement. The Transportation & Public Works Department (and Financial Management Services) will be
responsible for the collection and deposit of funds due to the City. Prior to expenditures being incurred, the Transportation & Public Works
Department has the responsibility to validate the availability of funds. This is a State Advance Funding Agreement.
Submitted for Citv Manager's Office bv: Jesica McEachern 5804
Oriainatina Business Unit Head: Lauren Prieur 6035
Martin Philips 7861
Additional Information Contact: Rajnish Gupta 2531
Sagar Medisetty 2538