Primary Department: Commissioner, Precinct 3
Primary Department Head/Elected Official: Commissioner Tom S. Ramsey, P.E.
Managing Department: Commissioner, Precinct 3
Managing Department Head/Elected Official: Commissioner Tom S. Ramsey, P.E.
Regular or Supplemental RCA: Regular RCA
Type of Request: Investment Memo
Investment Memo Type: Change Investment Memo
Project Name: Precinct 3 FY 24-25 Facilities Reconciliation
Project ID (if applicable): Multiple
Vendor Legal Name (if applicable): N/A
MWBE Contracted Goal (if applicable): N/A
MWBE Current Achievement (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request
Grant Indirect Costs Rate (if applicable): N/A
Justification for 0% Grant Indirect Costs Rate (if applicable): N/A - Not a grant item
Incremental Authorization Requested: $0
Total Estimated Project Cost: $15,000,000
Request Summary:
title
Request for approval of a Change Investment Memo for multiple non-voted debt projects to reconcile Precinct 3 FY24-25 facilities project budgets with updated estimates with no net additional incremental authorization and no new additional projects.
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Project Description:
Precinct 3 has received authorization in FY24 and FY25 to use commercial paper for a total of $15,000,000 for facility improvements as per OMB's non-voted commercial paper policy. The authorized budget for the projects needs to be reconciled as per the first table below.
Additional commercial paper funding is also needed to complete the projects, with the changes in allocations requested per the second table below. The second table is presented for informational purposes only. The Office of Management and Budget will present an RCA to allocate any additional capital funds within the authorization amounts approved by Commissioners Court.
All projects received initial Commissioners Court approval before September 30, 2025, and there are no changes to the project scopes.
Anticipated Project E...
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