File #: 19-0059    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 1/4/2019 In control: Finance Committee
On agenda: 1/7/2019 Final action: 1/16/2019
Title: Request to approve the following 2019 Budget adjustment: Valley Transit Capital Outlay - Bus Purchase +$3,500,000 Grant Proceeds +$2,800,000 Fund Balance - Depreciation Reserve + $700,000 to record purchase of (7) buses funded by an FTA Grant and depreciation reserve (2/3 vote required)
Attachments: 1. Bus Purchase Memo.pdf

Title

Request to approve the following 2019 Budget adjustment:

 

Valley Transit

Capital Outlay - Bus Purchase                                                                                                                                                                        +$3,500,000

Grant Proceeds                                                                                                                                                                                                                                                            +$2,800,000

Fund Balance - Depreciation Reserve                                                                                                                              +   $700,000

 

to record purchase of (7) buses funded by an FTA Grant and depreciation reserve (2/3 vote required)