Requested Agenda Date:
2/25/2025
Requested Agenda Title:
Budget Adjustment: The Office of Regional Development Requests to Add $6,016,096 to the Corridor Preservation Capital Projects. These Projects were Recommended by the Salt Lake County Council of Governments and Approved by the Council on February 4, 2025
Requested Agenda Item Description: Corridor Preservation Projects Approved by the Salt Lake County Council on February 4, 2025. These projects were recommended for approval to the Salt Lake County Council by the Salt Lake County Council of Governments in their meeting on January 16, 2025.
1. Addition of Expense of $2,531,335 for new 2025 Projects recommended by the SL County COG.
2. Addition of Expense of $3,484,761 for projects recommended by the SL County COG in previous cycles but also approved by the Salt Lake County Council on February 4, 2025. (The total of this section on the chart in the Council presentation is $3,486,596 but that total included $1,835 approved in item 1)
In addition to items approved by the SL County Council on February 4, 2025:
3. Reduction of expense of $1,519,500 for project COP_HRM_7300W which was approved in 2024 by the Council, re-budgeted in 2025, but paid out at the end of 2024 so this amount can be removed from the 2025 budget.
Total adjustment to the 2025 Budget: $4,496,596
Requested Action: Discussion - Vote Needed
Presenter(s) (with titles): Hoa Nguyen, Council Budget and Policy Analyst
Time Needed: Less than 5 MINS
Is this Item Time-Sensitive and/or Requesting a Time-Certain? No
Requesting Staff Member: Helen Peters, Director of Regional Planning and Transportation
Are Supporting Documents Needed for this Agenda Item Request? Yes