Add Fixed Asset Account to 2016-17 Overall Work Program Budget
|Department:||Tehama County Transportation Commission||Sponsors:|
REQUESTED ACTION (S)
Approve the addition of a fixed asset account (57603) to the 2016-17 Overall Work Program (OWP) Budget.
This action is consistent with the attached resolution adopting the 2016-17 OWP. The OWP limits the carryover of funds each year to 25%. Any funds above the carryover threshold are "lost" and return to the State for expenditure.
This action will result in the procurement of pavement management equipment and software which are eligible expenditures of the OWP funds.