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Budget Adjustment for revenues received from the land sold to TxDOT along FM 1461
In December of 2020 the court approved the sale of 3 parcels on FM 1461 (Parcel 15, $170,795; Parcel 17, $54,668; and Parcel 18, $35,108 for a total of $260,571) to The Texas Department of Transportation for the conversion of the two-lane FM 1461 to a four-lane divided thoroughfare (ultimate 6-lane) between Bloomdale and SH 289 (Preston Rd). The funds were received by the County and deposited into Project Code RI03078. This is the project for CR 166 in which we originally bought that land for the CR 166 roadway improvements. The requested BA will move the funds from a revenue account to an expenditure account within that project code.
It is requested that Commissioners Court authorize the budget adjustment of moving $260,571.00
FROM RI03078-4201-00000-0000-00-00-0000-300251 TO RI03078-4201-750300013-809682
Purchasing Department Action
No action by Purchasing.
HR and/or IT Action
Budget Department Action
Funds available in the amount of $260,571 for a Budget Amendment to budget the revenues received from the Texas Department of Transportation for the purchase of three parcels on FM 1461. Budget Amendment is attached. 2003 Bond Fund (4201).
Auditor's Office Action
Bond funds available. Budget amendment will be processed upon approval.
$260,571 to move funds from a revenue account to an expenditure account for CR 166 roadway improvements, Engineering.
Information about available funds
Funds NOT Available:
Account Code(s) for Available Funds
FY 2021 Budget Amendment Totaling $260,571.
Court Order 2021-714-07-26
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