Acceptance of US Bureau of Reclamation Grant for Installation of Industrial, Commercial and Institutional (ICI) Water Meters
The City of Gallup has been awarded a $60,000 grant from the US Bureau of Reclamation for the selection, purchase and installation of Industrial, Commercial and Institutional (ICI) water meters with newer, more accurate Automatic Meter Reading (AMR) devices.
The Grant Application was approved by City Council during its August 14, 2018 Regular Meeting via formal resolution (Resolution R2018-23). An amount of $40,000 was budgeted in FY19 as a proposed match from the City, with the understanding that a decision on grant awards would be made during this time frame. However, no decision on grant awards was made until August 2019, therefore this funding reverted to fund balance. The grant (R18AP00264-Upgrade of Municipal Meters - Attachment 1) allows for two years to complete the scope of work.
Staff requests a budget adjustment for the $60,000 of federal funding be made to show incoming revenue and expenditure of these funds. As the grant allows for two years to complete work, the City can budget its matching funds for the upcoming budget cycle - FY21 or Council can approve a budget adjustment of $60,000 as matching funds for the current fiscal year.
Budget adjustment of $60,000 to show incoming revenue of $60,000 of federal funds and an expenditure of these funds.
Optional: City Council can approve a budget adjustment for up to $60,000 from Fund 506 this FY to be designated as matching funds for this grant.
Staff recommends (1) acceptance of grant; and (2) a budget adjustment of $60,000 to show incoming revenue from federal funds and a $60,000 expenditure of these funds.
Optional: City Council, if it so desires, can approve a budget adjustment for up to $60,000 from Fund 506 to complete a majority of the work this fiscal year.
- Fiscal Impact:
- Please see above.
- Please see above.
- Speaker's Name
- Dennis Romero