CC 2023-03-28_11a Supplemental 1
MEMORANDUM
TO: City Council
FROM: Brian Pedrotti, Community Development Director
SUBJECT: Supplemental Information
Agenda Item 11.a. – Discussion and Consideration of a Project Status
Update and Direction Regarding the Brisco-Halcyon Interchange
Modification Project
DATE: March 28, 2023
See below for supplemental information for the above-referenced item.
Staff has identified several errors in Table 1 in the staff report for Item 11.a. and has
provided a corrected table below. The changes include:
The $590,000 for Traffic Signalization in FY 2022-23 has been moved to
Transportation Facility in FY 2022-23. This also results in a change in the revenue
to complete for both categories.
The sales tax total budget has been changed from $1.3M to $100,000 to reflect
funding to date and note that no additional sales tax is dedicated to the project.
The totals on the Total Budget column and Revenue to Complete column have been
revised to reflect these changes.
cc: City Manager
Assistant City Manager/Public Works Director
City Attorney
City Website and Public Review Binder
Source Total Budget
Funding to
Date FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26 FY 2026-27
Revenue to
Complete
Regional SHA 482,320 482,320 - - - - - -
STIP 6,624,000 - - - - 3,312,000 3,312,000 6,624,000
Other Financing 26,396,000 - - 1,848,100 2,411,100 11,068,400 11,068,400 26,396,000
General Fund 312 312 - - - - - -
Traffic Signalization 959,000 - - 959,000 - - - 959,000
Transp Facility 3,657,473 2,036,473 590,000 1,031,000 - - - 1,621,000
Sales Tax 100,000 100,000 - - - - - -
38,219,105 2,619,105 590,000 3,838,100 2,411,100 14,380,400 14,380,400 35,600,000