Title
Request to Reallocate Wild Spaces Public Places 2017 Project Funds to Balance Project Expenses (B)
This item involves a request to reallocate projects from FY 2017 Wild Spaces Public Places Project (WSPP) List and reallocate these to other WSPP 2017 Projects.
Explanation
During Fiscal Year 2017, the Parks, Recreation and Cultural Affairs Department received funding for a small number of Wild Spaces Public Places projects to complete. Some projects came in under the budget estimates while others came in over budget estimates.
The Department requests permission to reallocate 2017 WSPP funds in order to cover the costs of: 1) Shade for the Depot Park Playground in the amount of $67,988; 2) Planning and design services for JJ Finley Neighborhood Park in the amount of $11,860; 3) Planning and design services for NE 31st Avenue Park in the amount of $9,520; and 4) Contingency funds for any additional unforeseen expenses over the estimated budget allocations in the amount of $34,000. The funds for these projects can be allocated from the remaining balance of the Shade over Playgrounds Project funds that came in $123,923 under budget. The Depot Park Shade project was budgeted in a separate Depot Park fund since it was a significantly larger project needing expertise from the contractor that is still being utilized.
Fiscal Note
There is currently $123,923 remaining in the 2017 WSPP Shade of Playgrounds Project. This item requests reallocating $123,368 to fund additional costs of the Depot Park Shade Project; the Planning and Design Services fees for the NE 31st Avenue Park and the JJ Finley Neighborhood Park Projects; and to add additional funds to the 2017 WSPP Contingency Funds to address any other higher than expected 2017 WSPP budget estimates.
Recommendation
The City Commission direct the Budget Office to reallocate the 2017 WSPP Shade over Playgrounds funds to address other WSPP projects as described above.