FISCAL IMPACT STATEMENT
PROGRAM: Cedar and Teague Left Turn Phasing
PW00961
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $ 828,450
Indirect Cost $ 308,150
TOTAL COST $1,136,600
Additional
Revenue or Savings
Generated $0
Net City Cost $1,136,600
Amount Budgeted
(If none budgeted,
identify source) $ 907,200
Indirect cost consists of the following:
Preliminary Engineering $ 85,000
Construction Utilities $ 6,700
Construction Materials $ 40,000
Construction Engineering $112,300
Contingency $ 82,850
Total $308,150
The Cedar and Teague Left Turn Phasing Project is locally funded by Traffic Signal Mitigation Impact Fees with additional funding from the Measure C Bike Lane program funds for the bicycle lane improvements.