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Title
Fiscal Year 2018-19 Budget Amendment
Overview
The budget authority for the purchase of the OC Streetcar vehicles was included in last year’s budget. However, negotiations on this contract were finalized shortly after the start of the new fiscal year. Staff proposes to amend the Orange County Transportation Authority Fiscal Year 2018-19 Budget in order to properly align the actuals and budget authority in the same fiscal year.
Recommendation(s)
Amend the Orange County Transportation Authority's Fiscal Year 2018-19 Budget by $51,527,520, to accommodate Agreement No. C-6-1445, for the purchase of eight streetcar vehicles, spare parts, and special tooling for the OC Streetcar project.