FISCAL IMPACT STATEMENT
PROGRAM: First Street Cycle Track, Hazelwood Blvd. to Tulare St.
PW00906 BF3805
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $ 899,025
Indirect Cost $ 317,775
TOTAL COST $1,216,800
Additional
Revenue or Savings
Generated
Net City Cost $1,216,800
Amount Budgeted
(If none budgeted,
identify source) $1,212,600
Indirect cost consists of the following:
Preliminary Engineering $ 123,500
Construction Engineering $ 104,300
Contingency $ 89,975
Total $ 317,775
This project is funded by a State Active Transportation Program grant with the required local match is funding through Local Measure “C” Bike Facilities and the SB1 Road Maintenance and Rehabilitation Account (RMRA).