Title
Consideration of and action on an ordinance to amend the Fiscal Year 2024-2025 Budget for the Municipal Court in the Capital Improvements Fund for architectural services for the New Municipal Court Building.
Body
Summary:
The Fiscal Year 2024-2025 Capital Improvements Fund Budget for the Municipal Court includes $500,000.00 for architectural services of the New Municipal Court Building. At the time staff was preparing the budget, the actual costs of the architectural services contract were not known, therefore an estimate was used for budgeting purposes.
Staff has now received the actual contract costs from Project Luong Architects, LLC. The costs were higher than originally anticipated, totaling $593,000.00. This contract includes engineering services in addition to architectural services. To account for potential additional fees related to their services or other unanticipated project costs, a budget amendment in the amount of $120,000.00 is requested to fully fund the professional services of the project. The additional appropriation would be funded by the unassigned fund balance of the Capital Improvements Fund.
Fiscal/Budgetary Impact:
Add $120,000.00 to the Fiscal Year 2024-2025 budget for the Municipal Court (Account No. 090-104-49410, Consulting Engineering Fees) to be funded by the unassigned fund balance of the Capital Improvements Fund, which is available for this purpose.
Recommended action
Approve the ordinance to amend the Fiscal Year 2024-2025 Budget for the Municipal Court in the Capital Improvements Fund.