County administration and staff have met and reviewed Capital and CIP project funding.  The attached worksheets include the detailed capital projects that have either been completed or are no longer necessary.  This sweep of funding has also been coordinated with staff of the County Auditor’s office as of the December capital project reconciliation.   Swept funds will be allocated to the unassigned object code for future allocation consideration.

$144,614.89 Reallocation approval for CIP EFR (Capital Improvement Project Eligible for Reallocation).  Swept funds will be allocated to the following miscellaneous object codes for future allocation consideration:

COCP-3001-0000000-431-00-00000-0000-00000-750005-        $144,614.89

$11,019 Reallocation of available funds from COCP-3001-0000000-431-00-00000-0000-00000-750005- to COCP-3001-0000000-431-00-00000-0000-00000-703003- to reallocate funds for the Ascarate Toll Booth.

Increase the 2007 bond budget by $2,103.98 from un-allocated funds COCP-3004-CPCAP07-431-10-00000-0000-00000-750005-. 

$15,981.72 Reallocation of available funds from COCP-3004-CPCAP07-431-10-00000-0000-00000-750005- to COCP-3004-ASCIM07-431-80-80000-0000-00000-703003- to reallocate funds for the Ascarate Toll Booth.

Approve the Capital sweep and reallocation.