Resolutions

RESOLUTION NO. 131 of 2019
DATED: May 28, 2019

RESOLUTION AMENDING THE 2019 OPERATING BUDGET - CHIPS (CONSOLIDATED HIGHWAY IMPROVEMENT PROGRAM) FUNDS (PUBLIC WORKS)

Resolution by Legislator:

Dimond

Seconded by:

Pepe

WHEREAS, the final allocation of State Consolidated Highway Improvement Program (CHIPS) funds has been clarified, and

WHEREAS, it is necessary to adjust the County Road Fund to reflect increased revenues, and appropriations.

RESOLVED, that the County Treasurer is hereby authorized and directed to amend the 2019 Operating Budget as follows:

INCREASE REVENUES:
D-12-3-3501	Consolidated Highway Aid	$2,358,325.29

INCREASE APPROPRIATIONS:
D-12-4-9900-00.9950	Interfund Transfer-Capital Project Fund	$2,358,325.29

RESOLUTION VOTE, passed with Aye(9). (5/28/2019)

Statement of Legislative and Financial Impact:

I. Nature of Request:

Amend the 2019 Operating Budget to adjust for an increase in CHIPS Funds so they can be spent in 2019

II. Justification:

The final state allocation of CHIPS Funds is now known.

III. Legislative Impact:

Pursuant to Article 2 of the Charter, the Montgomery County Legislature has the authority to make appropriations

IV. Financial Impact:

2019 Budgeted "CHIPS" funds	$2,422,016
Actual funds received	$2,419,920
Difference	$2,095.76

2018 Rollover 2018 "CHIPS"	$1,808,050.17
2019 PAVE NY	$552,370.88
Less the difference between 2019 budgeted and actual	(-)$2,095.76
Total to be increased (Interfund Transfer-Capital Project Fund)	$2,358,325.29

Funding is a 100% reimbursable program

cc:

County Clerk
County Treasurer

STATE OF NEW YORK County of Montgomery ss.: This is to certify that I, the Undersigned, Clerk Of The Montgomery County Legislature, have compared the foregoing copy of resolution with the original resolution now on file in the office, and which was passed by the Montgomery County Legislature on the 28th day of May, 2019, a majority of all the members elected to the Legislature voting in favor therof, and that the same is a correct and true transcript of such original resolution and of the whole thereof. IN WITNESS WHEREOF, I have set my hand and the official seal of the Montgomery County Legislature this 30th day of May, 2019
Totals:	Aye:	9
	Nay:	0
	Abstained:	0
	Absent:	0