DATE: October 2, 2024
TO:
- Pikes Peak Rural Transportation Authority (PPRTA) Board of Directors
- Pikes Peak Rural Transportation Authority Citizen Advisory Committee (CAC)
FROM: City of Colorado Springs – Gayle Sturdivant, PE, PMP, City Engineer/Acting Public Works Director
SUBJECT: Request for Line-Item Fund Transfer
The City of Colorado Springs requests a line-item transfer to provide additional funding needed for construction of the Galley Over Sand Creek Bridge Replacement project. These funds will be transferred from the remaining 2024 budget for the W Fillmore Over Unnamed Channel Bridge Replacement project, which is now substantially complete.
The line-item transfers are shown in Table 1 below.
Table 1. Line-Item Transfer Specifics
| Transfer From | Transfer To | ||||
|---|---|---|---|---|---|
| Project Name | Account | Transfer Amount | Project Name | Account | Transfer Amount |
| W Fillmore Over Unnamed Channel Bridge Replacement | 03-20-5030034 | $400,000.00 | Galley Over Sand Creek Bridge Replacement | 03-20-5030020 | $400,000.00 |
| Total: | $400,000.00 | ||||
The City requests the PPRTA Board approve line-item transfers shown in Table 1.